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2022-03-31-accounts

RfGISTf RED CHARITY NUMBER: 1163287 [4 KnightsLowe Charterea Aicouniant> & Busine55 Acjiiisers ort ofthe Trustees and Unaudited Flnandal Ststem•nts for the Year End Knights Lowe Chartered Accountsnts Ido House Kemp50n Way Suffolk Business Pa Bury 5t Edmunds Suffolk IP32 7AR EldoHouse. Kempsonway, SurfolkBuSiness P￿k uTySt E¥knuTrd5. Suffolk. IP327AR 01284 701300 Info@knwJhtsl(Iwe.co.u* é knight5kn.10.uk

fDrtt Year Ended 31 M£h 2022 I to 4 . Independèrt ExaTrrfs Ilepryt 8 to 14 Is

Found lorthe Year Ended 31 Plarch 2021 The trustees present thr report with the finanoal #atements of the charity for the year ended 31 March 2022. The trustees have adopted the prowsions of •)d Repming ty Charitles.. Statement of Aecommended Practlct applicable to chartties preparlng thtir 3ccouDts in thance with the FinènDal Reportiry Standard appltcable in the UK and RePul￿1¢￿f Ireland IFAS 1021 leffecuve l January 20191. OBJEcllvES ANDAcnvmES ObJed¥es and •m% The charity aim5 to empower. enthuse, and ingyire disadvantwl to delop lrfe sknlls and raise 35pirations usln8 a range ofrJeatwe medkg ￿ tyderto betterequip themto reach theirfull potential. The objecb¥es ofthe tharity i4 tt¥ enRageMrfth dlsattfdniw peop￿ usw)8 Uta￿ media to: - Teach the attendee5 tethnkal and comrnurx(3tion si115 - 8uild confidence Develop team leading skills - Using people who have alrealy completed cwrsesto mwrtor new parti¢pants - To build up the rnentorswth experientt. to be induded in theircvs and portfolios - Can help encoura8e the mefttor into fvrthef education in media courses orinto wor 518nllkarrtadT41Ue5 The prior Year wès affected by the zlobal COVID pandemlc ¥Ath ￿tri￿[or& not all courses coukl take pkice In person and access into sthods wa5 not p0￿bIe. This finanual year the restricttons were lifted meanlng courses were free to tske place a8ain and access into 5cho¢As was wible. The charity en8a8ed with many Coundls and Sthc¢)Is to provide courses mainty acr0&5 the EastAn8li• rryw. The rnain aCtI￿tieS for the year art to provide film cour5e5 to di5ad¥ant4ed peo￿ and thildren, help them build sknlls uselul in a workplatt ¢fi￿ra￿ment a5 wel as eversfyjaylrfe The key xtrons employedto athithtthe Charltys objec￿$ aretry. - Provide freefilm coursesto peoth in dt5th+￿taBed area5 in conju￿tin with Counal5. - Gasn acce55to5chools to also film wortshopy . Invofve previous partt(ipants of the tousses to tome back tp hdp as M•￿Or$ to devdop their skils and experiente further. In doing thlstheTrustees hwe had re8ard to the widÈd bythe Charilles Cfymmlssion on wblic benÈflL ACHIEVEMENT AND PERFORMAIKE The charity was established on 25 August 2015 as a 00 and this rs the curnent l¢Ym it operates under. However the tharitywas Initial￿ estabtished 2rTh. Paul Press Is the (hlel ExewU¥e of the d￿rIty and 15 in¥thW in runfti￿ mami ol film courses himself. He has many usefvl contacts and has used these well a5 other leajs to generate a gcd level of interest in the ftlm WDTk5hops both from Lc<al Cwnals and Sthc)Es. The I￿e1 of the fllm workshop5 has grtrwn ir¢ thi5 fThndal year. partty due to the CCMD re5trirtion5 ending. but rnore importandy as the courses have prtyed popvlar. This has allowed F)rtwious Part￿Ipafits of the courses to come back as met1t￿5 mcrfe often and Paul in wnnin8the%e. The tharity continues to try and promote its film wortshops further and is app￿In9 for Brants and level a8rments to try and a(ht￿ ihis a 8ood levet of sucte55. Htrwever the tntstees xcept that the current economic ourlook as it devdops could trnpacithe avaib*ility of funds to apply for.

31 Marth ZOZI FINANCIAL REVIEW FInaN￿1 ￿tIon The tharity continue5 to 4ttrèrt income frLvn woMdin8 firm workshops mafnty In thè form of grants and the level of this ha5 greatly Imprcwed thls ￿r. As a re5utt income has imprts￿d the year r6in8 to E96,IS9 compared to E43.460 theyear befo￿. However there has also been a large inrsease in the expense5 of pmMdir% these courses With more media equipment and 5tèff required. As well as this there were atso expeTh5es ￿ prevtousty incurred such 05 Room Hirè. c￿pUter Costs, and A¢twntaw fees for the first time. As a resulr ewense5 ha¥e risen by more than the increase In Income resuktng In the tharity tea￿'n&-e¥tn thrs ¥&ith a sm&[ loss of 4ZZ5 compared to a proftt of £11,672 the yearbefore. Totsi unrestritted funds 8t￿3r.end were £9.855 tthnpwed to£iO.080 theipzrbefLYe. Tte are no re5trlcte(I l￿d5. Prfncipal funth¥5wr¢ The principal fuftdin8 Sour￿ for thÈ thaffty are gr•)ts to erTraWe it to meet its tharIta￿e ￿le¢the$. Ourtn8 the year these grants were thiefiy from Norfolk Cojnty Ctyjnol. Enfield Cwnol. Baber8h Distrirt Council, Mld Suffolk D15tri(tCouncil. Suffolk CwTrtyCtyJnal. AEoderni4 and Sthoob. The chartydoes nrtorry out 5yificantfundw￿a￿¥i￿eswrth the publi After making appropriate enquiries. the Tntstee5 a reaSona￿e expertation that the tharlty ha5 adequate ¥esourre5 to continue in operatiofial e￿$thnce for the ltre5eeable future. Thtre ¥e no material uncertzintles about the charity's abllity to continue ¢¥eratin8. For this ￿aSOn. the Trv5tee5 C4)ntinue to adopt the 80ing concern ba515 In preparinBthe financial ststements. FUTIJRE PIANS The chanty £ontinues tL) appty for lun￿1￿ to prnryde ueatpR Med￿MIM workshops. The idea Is to malntsiTr good coverage in the Suffolk and Norfdk area but alxt expand the covewe of thesè cour5e5 and Ultimate￿ the tharfty into newgeo8raphical location5. Thiswrfl allow the thityto Jwfft more peop￿. 5tRucfuRE GOVERNAf4CE AND MAPIAGEMElff GovemJTrgdo¢ufflent The charity is wtrolled ty its8oveming dooJnwt. a deed oftru5tand con5dtute5 an uninc(wrated tharity. TheseaccouTrts presentthe results fora full ye¥of tradr The finandal staternents h•rt been prtpared in a¢£ordance the actountrre Fdides set herein and tornply th ACCOUn￿nI and Reporbng trycharikno.. StaternentoFRe¢4ynrnended Praciice ISORP 20151. Th2 Offshoot Foundation became a Chwttable IrKorpt¥zted (*8afti5ation ICFOI witti UK fegstered thaitty number 1163287 in August 2015 and is8oMned by its cl￿￿[tu￿on wh(th wa5 adopted on 25 Au8USt 2015. Pa8e 2

l Df the T￿￿1•% forthe Year End STRUCTURE, GOVBIIIAIICE blllD IAAMAGEMENr Re¢rultment and ¥polAtment of newtrnteos As tet fjut In tht Constitirtion the Board ol at J •d m•t mor• 12 kndlblduls. 11 th• nurnber falls below millimUL•, the re•alilw tntstea xt to ull i meettng of th¢ eth8r￿1 or polnt a new chlty trustee. Trustees ¥e ¥PDinted for i tern of 3 ye¥4 are seleEted based on th skllli knowledie, exwlen¢e, to prO￿￿e the CIO wlth a bro•i ￿ set Deeded fvr Its Elle¢ll¥e •dmlnbtratlom, TnMtee8 who Mrved dvriTrJ th•y•a A Clok¢ lappoknl•d 1 J•w 21n31 P Ki¢hola5 (appointed 1 20131 S Wlllkms14Jpolnted 1 lanuary 20131 P l Brown lappohrted I Ilecember 2015) J H•d lappoMt•d ID •)21, rn•od 1 29221 Oryankntknal str￿1￿0 Th•Bo•l of Trwifjm •l•lnl#w th• CIO. •••tsatl•Mthwllwwaywkn •hll B•¥d mwu The Illlshoot Fou•dalion Is on a Ibmii by Pwl CthIDI ￿er￿li1¢ He repo￿ to the Boal Of T￿￿085 at quartth rneetlagk Tre rewoulB tsr the •lc dlrectknn awd oyerll policies of the th￿Y. Thw¢ b a hndr•bkng sukomMle• meet Pawl Pr855 tyfftch pl ltheft tho Trustees, th• semlons aqd tl peopl•, # w•1 * b8kn9 tho l•r th• Wlth oth Tthe 8oird b rwonlthle lor the en￿0￿￿1 trn t•ndlllo# of lh• Chhl Exttulh• ienoRI pay and romuneratloll terns of all emplo Delision The bowd of IT# ts Ihe wlndpa leEl• Aalni b ot the Chwlty. Ay dKl4ow l¥kem ty Ik• lThsto0s In Ing •fth• cknrity In rylw •¢¢thpolthetrMtee bo•d. Thwe * an inf•rni4 Pmceo for Aew Trith& one meet1￿ wlth the Chllrrnan of the BD¥d prfor to att•nding thew fwst fvu lJo¥d ffjee￿￿. of the laOI CoitstIo￿ lthsl R•port and slatemort 01 atcountsand ¥• made avaihble to the ievtrwlee. Dwlry th• m•el•i th¢ w trmtee Mpknyeei •d th• ol•r TrMte¢s We th) PM¥lded Tlth a copy of th• Ch C•wmltslDn plthlkatboi CC3 'The Exenllal Trwie•" Further tr4lnlng opportyniU¥s ¥• IdeAllliod tknmjhout tho yw trnjteu wil Pmvbllni Iwdba￿ at rvlovant board medfig& R￿ERENCE AND ADMINISTrATIVE DETAU Roglstered Ch¥ity number PrSncb)al addras 19 Hlll Grn* Com¥d Sudbury SMthI C010 (EH

forthe Year Ended31 Marth 2022 Pavl Nicholas (Chairl Jame5 He&rd Paul Irving 8r¢Mn MarieTalbot Ann aoke 5ar4h Williarns Independent Éx•miMf Knights Lowe Chwtered AcQ￿ntants Eldo HoLtse Kempscw Woy Jffolk 8usness Pwk vryst Edmundl. Suffdk IP32 7AR SYATEMEKf OF nuJstEES' RESPONSIBILMES The trustees are responsiwe for preparin8 the Report of tht Tru5tee5 and the fin￿al thtements in accord¢e wlth ap￿ICable law and United Kiryadom Accounting Stsndanls Iunited bngdorn Generally Accepted £tountin8 Pratticel including Financial Repo￿n8 Standard 102 Tr Finantial Reporti1￿ Stsnd•rd the UK and Republic tsf Irelantl. The law applicable tr• tharit￿5 In En8land and Wale4 the Chafties kl 2011. Charity lJ£ctyJnts and RpDrts1 Re8ulations 2008 and the PrO￿&t￿$ ol the tno5t deed requlres the trustees io prepare financial statements for each linantial year whith gNe a true and fair view of the stste of affairs of the charity aNI OF the Ir￿ornIng resoufces and application of resour¢es, i￿[uding the i￿ome and expendtrture. of the tharity for that perfod. In preparlng those lIn￿￿al statements, the trUstee5a￿1eq￿Ired to select suitatAe accounting tdicies and then appty them Cl￿￿$ten11￿, observe the methods and pdnople5 Sn the Charity50RP: makelud8erneniS and estimates that ¥e rea50naWe and wudent prepare the finanaal ststements on the c￿￿rn basi% unless Ft ￿ inappropr4?te to presume that the tharlty will continue in busine$5. The trustees are re5ponslble for kee￿￿1￿ prcper accounti￿ rerords whith dtsdose wlth reasonable atturacy at ary tirnè the financtal posltion ol the thaTty and to enable them to ensure that the finandal staternents mmply with the O)arities Aci 2011, the Charity (Accounts artd Re&xtsi Regu￿t￿r￿ 2Cth the prtyi5ions ofthe trust deed. They are also responsible for saleguardin£ the 855ets of the tharlty and hence for ta￿￿& fea50nable steps for the prevention and detection of frau(t and other irre8ulariti Appr￿d ty orderof the L¥)?rd Oftn￿teeS￿......... . 4ned on its behalfby. Paul Nithola5- Tnjstee Pa8e4

Inde ndEnt Exa . Tr I veport io the charity tTUStees M my examination of the x¢ounts of The Offshoot Foundation (the Trust) for the year ended 31 Mard) 2022. AesponsObllStlesar￿ baslsol reptyt As the charity trustees ol the Trust are reSpu￿ble for the Fwaration ol the ac((wnts in Kcordance with the uirernentsof the Ctharities Ad 20111'theP£t'l. I report in respect of my examin4tion of the TN5Vs Kcounts carred out under section 145 of the Att and in (arrwng out my examination I have loiloed all ap¥￿(ab DJ"recifions Rfven ty the (harity Cornmission UNler secdon 145(5llbl ol the Act. In(nderrtex•mkner¥ststement I have completed my examination. I confirm that matwial matters have to nry attention in connection wlth thèèxarnination¥wr¥ me causè to that in •byrneTial respe£t'. accountlng Ttrordswere not kept in re5p￿t￿theTrU$t a5 required ty section 130 of the ACL. the accounts do noiaccord wfjth those recwds,. or the accounts do not Cornp￿ ￿th the OPF4icable requiremtnts tMcemin8 the ftym and content of accwnts set out in the Charities (Accowts and Reponsl Re8ulaions 2CI)8 other than any requi￿rnent that the %count5 8ive a true and fair￿eW which is not a matter conside￿￿ as part of an independent examination. I hwe no concerns and have across no other mattÈf5 in conAettion vrith the examination to which 8ttentlon should be drawn in this report in order to enab a pryr understsndir ofthe accounts to be reached. J KnightsA¢> BS£ kn￿hts Lowe Charrered El<k• H￿se Kempson Wa Suffolk 8usiness Park Bury St Edmunts Suffol IP32 7AA Date.. ..Ir.:!•:

forthè Y83r Ended 31 Mirth 2QB 2022 2021 Total fvr￿s fund Note5 INCOME AND ENDOWMEP4TS FII(XA Donation5 and legaues 96,159 43,460 EXPENDfruAE ON CharftalAe acUvlJes Pro¥iéin8 tour5es 3L788 11.672 NEf INCOMEIIEXPENDITURE) RECONOUATKIN OF FUNDS Totslfunds browhtfon¥ard ioxoj IL5921 TOTAL FUNDS CAARIEO FORWARD 9W5 10.080 The notes fom part ofthe5efinarKial statements

Ba￿￿¢sheet 31 Maf(h 2022 2021 Total funds Unrt5tricled FIXEDASSETS Tangible assets cuRRETr￿ ASSETS Debtors Cash at bank 1.019 20,676 22.771 21,676 CREOITORS Amouftts fèlling due withinLMev io 112.8321 NETCURRENT A85Ers 461 TOTALASSETS LESS OJRRENT LL4BILmES 9M55 10,080 NET ASSEIS 9J55 io,opJ) FUNDS Unrestricte(tfund5 li 9055 10.080 TOTAL FUNDS 9A55 10.080 The firtandal ststements were the Board of Trustees and authortsed fty i55ue on $...Jl:..U............... and wtye SIB￿d cffi Éts beh31fty'. Paul Nitholas-Tru5tee The note5 form part 9fth￿ finanoal statements

Fl for the Year Ended 31 Maith_ G£NEPAL INFORMATION These linandal 5tatementsctyRr ￿ Intlfv￿1uaI chartr. The offsho￿ Foundation onty. All trans&tvns are rep￿ted Fn £ 5terfln& to pouN15 flnanci315tstements the wry4i5ion5 OISORP 2019. The tharityconMitus a publk benefft enb.ty as dtfined ty FRS IOZ The finanoal statements hwe been prepa￿ to gpie a no and fairf wew ha¥e departed from the arrties IAccounts and Reports) Regulations 2(Q8 to the extent re4uFred to provide a 'true and falr view.. Th¢s departyre has lA5￿ved follthv%n8 the Ar￿u￿tir￿ and Reporti￿ by thariti"es'. Statement of Recommended Practice applicable to tharities preparin8 their accounts in accordan￿ the Financial Reportin8 Standard appllcable ITr the UK and Republrc of Ireland issued in (ktober 2019 rher than the Accountin8 and Reporti by Charitles.. statement ofRec0mrt￿ded Practice effe¢tNe from l Awil 2(￿5 whlch has Ince been wrrhdrawn ACCOUNnNG POUCIES The finanoal statements of the charity, %thith is a public bEnefft entity under FRS 102. have been preparÈd In accordance with the Charities SORP (FPS 1021 ar￿ RepryUn8 by thariknes.. Statement of Recornmended Practi￿ applitable to charitie5 preparinB their accounts in accordance wth the Financial RewknTrd Standard apF41O￿e in the UK and RewblK of Irèland IFft5 1021 leffecti¥e i January 20191.. Financial Reportin8 Standard 102 The Finan¢ial Repxtin8 Standard appliobte in the VX and Republk of Ireland, and the CharitiÈ5Act 2011. The finarjial St￿￿Trts wepwed underthehistorlcalcortcorNentlon. Flnantial reprytlryd Standard 102. redu¢ed ￿$dOSUre e¥ompkn The charlty has taken 8thnts8e tsf the fdlow4￿ disdosure in prepartnE these fiR￿da1 statements. as Ferritted ty FRS 102 The Finarrial Reporting Stsnd¥d applicable in the VK and RepU￿1C of Irelènil.: the requirements of&ctyon 7 5tatrmertt of Cash FIry￿" the req￿iremertt of parngrèph 3.17ldl.' the requirements of paraAraph5 11.42. IL44. IL45. IL47, 11.48lall," I, 11.48laHl¥l, 11.481bl and 11.481cl-, the ￿QUIreMents0[p•38raPhs 12.26, 1127. 11.19lal, 12.29lbl and 1229&. the ￿quIre￿￿t of parayaph 33.7: the requirement of Par￿ph 24lbl of IFRS6. Inwne All income Is re¢o8nised in the Staternw of Financlal 0￿e all of the foJlN¥ng criteria have been me The tharltyhasenttllement tothe funds Any perforrnance condÉkn¢m5 attached to the it￿$ ol income have been metor arÈfultytlthln the itrol of the charity There 15 wifieryt certainty that recwpt ofthe irK(me is ccwdefed probable - The amLMJnl can be m&75urgJ relrab Expendltyr abilities are recw¢lsed as ex￿nd01urè a5 as there is a Wl or eonstrnrtNt obll8ation committin8 the £hanty to that expenditure, It s probable that a traftsfef of econcffiie benefts will be requirÈd in settlement and the amount of the obligation can be measured rdiabty. Eynditure t5 accounted for on an accruals basis and is tla55ilied by acbvity. The costs of eth athty are made up ol dirert costs and sha￿d costy indudin8 support Costs in¥0￿e￿ in ￿dertakn.r%each actilryty. Page8 (Cn￿nUed...

ements. con Expendlturè tre¢t Costs attributabk to a sln8Je aCb¥ity ¥e al￿ated d1¥etL￿tOthat artriity. Jpport costs which t&)tribute to rnort than one artryity and suppwt ￿sts whith are attributsble to a 5irWe artmty a￿ apwtioned befvRen actiwtie50n a cwstentwth the ￿ ol the resour￿. Central staff costs a￿ alkxated the basi5 of time spent and deweoatson thaoe5 allocated on the portion of the asset's use. Expenditure on Charitab￿ thties 15 Illtuffed direcuy undertakirq the actt%rytie5 whith further the charfty's objectives, as well 3s any supportcosts. All expenditsFre 15 indusive of irrectyernble VAT. Yan8lble fixed as8•ts Depreciation is prowded at the fdltrwing anrKral ratrs in (rder tt¢ writt off t&h asset cfftier Its è5timed useful lffe. Plant and machinery The charity is exemptfrrffi tax ￿ its tharitab acbvibes. Unrestricted funds can be ￿ed ITr aCcordan￿WIth the tharrwe obje¢Yvesatthe d1scrèti￿ ofthe trustees. Restricted funds onty be used fcv pardwla ￿$tr￿d purposes vAthSn the obletts of the charity. Restrth￿S arise when speofied by the d￿￿T or wthen funds are raised for parbcular restrittéd purpose5. The costs of raisin8 and administeriry such funds arechar8ed against the speofic fund. There are CUrren￿V no restrI￿fUnd5 held in the tharity. Golnc toncèm After making aPpr￿￿e engulrfes and taking into ronsderatian luture in¢on streams, the Trustees reasonable e¥pectation that the charity has adeouate ￿OUrCeS to C￿tinUE in operatyonal existence for the foreseeable future. For thls reaso￿ they ha¥e adopted a 8olr concem ba5Ls in prepaiin8 the finanoal statement& Fltmndal kn￿trUMents The Charity only has financial a55ets and fmarKial Ikqbilitie5 01 a that qualtfy as basic financial instrurnent5. Basic fJnarKial instruments are lnilia1￿ rwrNsed at transactity) value and subsequendy measured at th&r settlement value. with the exception of bank loans which are subsequently measured at amortlsed tost usbng the effectNe interestmethod. Pa8e 9 con￿￿ued...

fortrV￿r Enth 31 M¥ch 2022 NATIOIISANDLECO£IES 2021 Donations Grants 83A31 41.652 43A Grnnts received, ￿dL￿d in the al￿￿, are as fd1¢ 2022 2021 sundryG￿fjts 14orfolk Countycounc Enfld 8orou8h Counol Babergh D￿rIct Coundl Unity 5choo15 Partnership Stour ValleyCommuftityS¢hod CcmrnUn&tyActyC￿ Suffolk The 4Jex Mkj-suffolk Clstrirt Counol I￿￿mIeS Gorseland Primary kho Har￿5rne￿ kho s￿tercharitsbIeTrU5t TheAstor Foundatic Royal Shakespeart Compary Suffolk County Counal Befn"endin8 Scheme D C Monueiff Lord Belsted National Lottery QuayTheatre Suffolk Communrty Foundation The Annie Tranrner GTrnt The Frttton Tru 99 28A17 6A37 3.175 2￿71 6,150 9.336 9,425 6.260 500 83A31 41652 continued...

lorthè Year E￿431 Marcb 2022 Support Costs Isee note Sl Dtrect Costs Totals ProthdinE tourses Governan Management Tots15 ProvidIn8w￿$es Jpport tosty induded In the abrye. a￿ a5 ft4lws'. 2021 Totsl actiwties Prowdin8 courses ROJM hire Insurance CL¥nputer costs Postsge and Stati￿ery Advertising Jr*dries Travel and subslstan£e Dep￿atIOn ol tang1￿eand heriwe assets Subscriptions A(c￿ntan(ya￿O W fees 315 L144 3.135 97 926 4.614 TfAts7EES' REMUNEPAT#Y4A14D JEI&ATS Lkne trLLStee12021.. NS11 was paxl rerThJTherat￿ in rdation to the wo¥sion of course5 for the tharity totsllinB £6,66812021.. £Nill. Trustse¢ •xp•rMs re were trthstees. exFwkses paw fry the year ended 31 Marth 2022 n¢Y for the year ended 31 March 2021. Pa8e 11 tinued...

Fin Unrestritted fund IricoME AND ENDOWMENIS FROM DgnatlWs and legacies 43.460 EXPENDrfuRE ON cha1fta￿t actiyhtks ProMdin8 Courses INCOME 3L788 11,672 RECcKIL1ATK￿ OF FUNDS Trtal funds tThyhtlorwwd 11.5921 TOTAL FUNDSCAIIIIED FORWARD io.c80 TANGIBLE FIXED ASSErs P¢antand machtnery COST At l April 2021 Additicxis 14520 At 31 Marth 2022 DEPREaATK)N At l April 2021 Charge I￿Veal At 31 Marth 2022 .971 r4ET OOOKVALUE At 31 Mafch 2022 At 31 March 2021 1.236 Page 12 continued...

ststem lor the Ye3r Ended 31 March 2022 DEBTORS:AMOUNIS FALUNG IYJf wrrHINONE YEAR 2022 2021 Prepayrnents CREDITORS: APUJUlnS FALUNG DUEWITHh•l OK YEAR 2021 Other ueditors 12.832 ii. MOVEMVIT IN FUNDS Net movement in fvnds At 31.3.22 At 1.4.21 Uftrestrlcted lunds General fund ioA 9￿5$ TOTALFUNDS 12251 9A55 Net movement In fvn￿ I￿uded Sn the abrAEare asfolltyhs.. Inc¢min8 Resources expended MLwement in funds General fund 196J841 {2251 TOTAL FUNDS 84) Net movernent in fvnds At 31.3.21 At L4.20 Un￿$tr[(ted frJnd5 General fund 11.5921 IL672 10,080 TOTAL FUNDS 11.5921 IL672 10.080 Page 13 c¢x)¥nued..

fortht Yèar Ended 31 Marrh 2022 ii. MOvÈMEP￿IN FUND5- contknued ComparatNe net rn￿rneTrt in fund5. Ind￿ sn the alThe are asfdl(Ms'. Incrmin8 Resources res￿rceS expended M￿eMent in funds UnTtStrictedfiR￿S General fund 13L7881 11.672 TOTAL FUNDS 131.7881 11.672 Acurrent¥ear 12 months and prforyear 12 ¢¢Jmbined p￿tiOn i535foFIow5.' Net m￿r1ert In fundg At L4.20 31.3.22 General fund IL5921 11.447 9,855 TOTAL FUNDS 115921 11.447 9.855 A ¢urrwt year 12 months and pri￿ year 12 rrKwbths cornbiwl net mty4ement in fvnd5. Induded in the above are as follow5: lythming Resources resour￿$ expended Mtyement in fund5 Unre5tr1thdfur•ds General fund 139,619 I￿8,172> 11,447 TOTAL FUNDS 139,619 1128.1721 Il447 RELATED PARIY DISCLOSURES There WETe no related party tr￿SaCtiOnsfOTthe￿arended 31 Marth2022. PaBe 14

DeialledStaternentof Fmandal A Iwthe Year Ended ai M•tth 2022 2022 2021 INCOMEANO ENDOWMENrs Donatlons and *ades Donalions fjrants n8 83A31 1,808 41,652 96.159 43.460 rotal th¢+Jmini res0w￿$ 96.159 43.460 EXPENtXTURE Charltable actl¥ttles Media equipmènt putchases r5e wo¥lder5 & contracto 761 65.163 1,740 25.434 77J24 27.174 Suppwt costs Room hire lrtsurance Computer costs P05ta8e and staiianery 315 L144 1,692 187 L297 Sundries Travel and subsistance Plant & mathirery depreoat Substhptlons 1,438 4,614 Accwnlanryand legat fees Total resour¢es expeTrYtd 31,788 riet{expendltsx•)IkKome 11,672 This pa8e does notf¢m partofthe staivtory financial stotements Page 15

OFFSHOOT FOUNDATION

Unaudited Annual Report and Financial Statements

31[st] March 2022

Charity Number 1163287

pg. 1

Contents Pages
Trustees Report 4-9
Statement of fnancial acLviLes (incorporaLng
The Income and Expenditure account) 10-11
Notes to the Financial Statements 12

pg. 2

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

The Trustees present their report and financial statement for the year ended 31 March 2022

Registered Charity Name Ofshoot FoundaLon
Charity Number 1163287
Registered Ofce 19 Kings Hill
Great Cornard
Sudbury
Sufolk
CO10 0EH
Trustees Paul Nicholas (Chair)
Ann Cloke (Vice Chair)
Sarah Williams
Marie Talbot
Paul Brown (Treasurer)
CEO Paul Press
Bankers Lloyds Bank
Birmingham
30-90-91

pg. 3

69038768

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

Structure, governance and management

Governing Document

The organisaLon is a Charitable Incorporated OrganisaLon registered on 25[th] August 2015.

Recruitment and Appointment of Trustees

The Trustees are shown on page 3 and held office throughout the year. The charity aims to recruit trustees with a wide range of business and sector experience from which the charity will benefit.

Trustee Induc1on and Training

New Trustees are provided with:

In addiLon, all Trustees are encouraged to read Charity Commission and other newsleeers and to aeend courses designed to keep them abreast of their duLes and responsibiliLes

pg. 4

Organisa1onal Structure

The Offshoot FoundaLon is managed on a day-to-day basis by Paul Press, Chief ExecuLve. He reports to the Board of Trustees at their quarterly meeLngs. The Trustees are responsible for the strategic direcLon and overall policies of the charity. There is a fundraising sub-commieee who meet bimonthly.

Paul Press is the lynch pin between the Trustees, the sessional workers and the young people, as well as being the representaLve for the organisaLon with other professionals.

Risk Review

The Trustees have conducted a review of the major risks to which the charity is exposed, and systems have been established to miLgate those risks.

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

Objec1ves and Ac1vi1es

Mission Statement

The Offshoot Founda1on aims to empower , enthuse and inspire disadvantaged people to develop life skills and raise aspiraLons using a range of crea1ve media in order to beeer equip them to reach their full potenLal

Aims of charity:

pg. 5

Review of the Year

During the last year the charity has been badly affected by the knock-on effect of Covid – 19. Several workshops were cancelled, and funding was very difficult to obtain. As a result, we worked with our lowest number of young people than ever before on a smaller variety of projects.

Ac1vi1es currently offered:

Throughout the year we have worked with over 155 young people on a variety of projects. A summary of projects follows:

Gorseland Primary School, Ipswich, Film Workshop

Our 12[th] year working at this school, this project involved working with 60 children aged 10-11 years, over a 8-day period to make films based on wriLng from the young people. We made in total 13 films.

Devonshire Infant Academy, Sandwell, West Mids. Film Workshop

Following a break for a year due to covid re returned to conLnue working with 90 Year 2 pupils, making 3 films over a two-week period.

Summer & Christmas Norfolk Healthy Ac1vity Fund Film Workshop

We ran free school meal workshops over seven weeks in the summer and Christmas holidays of 2021. Numbers were sadly low but hopefully these numbers will increase as we conLnue to work in these new locaLons in Norfolk. During the 4 days each week we worked 10-2 each day on movie trailers, music videos and animaLons.

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

Enfeld Music Video Workshop

We returned in 2021 to Enfield and ran a music video workshop, a voiceover workshop and a 4-day film making workshop. The voice-over workshop was the least successful and needs rewriLng for the future, but the other two were a great success as ever.

Befriending Scheme

Following our film last year, we sought funding from the NaLonal loeery and were successful in funding a 10-day workshop where the adults with learning difficulLes made a film, taking on all the roles except ediLng. They loved the project and want to conLnue to work together.

pg. 6

Royal Shakespeare Company

Sudbury Ormiston who we have a good relaLonship with asked us to make a film that will be then put into a larger film for the company. We had assistance from 5 young people and the acLng was all young person led.

Gainsborough’s House

As the rebuild conLnues we were asked to film material for friends of the house.

The Name on the bag Film

We managed to seek funding to make a film about a flight bag belonging to a USSAF pilot who died defending our country, wrieen by a local historian and filmed and edited by some of young filmmakers.

Har1smere school workshop

We ran a two-day film trailer project with a mix of ages and had great feedback with a request to work at the school in the future.

Sinfonia & Orchestra Live Filming

Following on from previous projects we worked with sinfonia and OL and several projects working with young carers and adults with Alzheimer’s across the East of England.

Mid Sufolk Crea1ves flming

Due to our good relaLonship with the council, we were asked to film short lectures from people in the creaLve industries.

Apex Half Term Workshop

We returned again to the Apex to work with 30 young people on short films that they wrote, filmed, acted and edited.

Coronavirus Fund Workshops – Sufolk County Council Funding

We were successful in gaining a large grant to run workshops across Suffolk as well as producing a 45-minute film with some of our ex-students who now work in the film and TV industry as well as purchasing new cameras.

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

– Coronavirus Fund Workshops Babergh & Mid Sufolk Funding

We were successful in gaining funding to run a workshop in Babergh and Mid Suffolk working with 60 young people on a 4-day workshop as well as purchasing PPE and a subscripLon to designing somware.

Plans for the future

pg. 7

Financial Review

Incoming resources amounted to £96,159 Amer incurring costs of £96,384 the net incoming resources for the year amounted to £11,672. The Trustees consider the year-end financial posiLon to be saLsfactory.

Principle Funding Sources

The principal funding sources for the charity are grants to enable it to meet its charitable objecLves. During the year these grants were chiefly from Norfolk County Council, Suffolk County Council, Enfield Borough Council, Babergh & Mid Suffolk District Council, Unity Schools Partnership, Parents, Academies, Vitec, Gorseland School, Devonshire School (Victoria Academies), HarLsmere School, Souter Charitable Trust, The Astor FoundaLon, Royal Shakespeare Company, Befriending Scheme, DC Moncrieff, Lord Belstead Charitable Trust, NaLonal Loeery, Quay Theatre, Suffolk Community FoundaLon, The Annie Tranmer Trust, The Fieon Trust.

We are extremely grateful to these organisaLons for supporLng us during the year.

Offshoot Founda1on

pg. 8

Trustees Annual Report

Year ended 31 March 2022

Reserves Policy

Our reserves policy is set to meet the day-to-day operaLng requirements of the charity for a minimum of 6 months, currently this amounts to approximately £12,000. At year end the free reserves amounted to £9,855.00

Signed on behalf of the Trustees

Paul Nicholas Chair

Statement of financial ac1vi1es (incorpora1ng the income and expenditure account

pg. 9

DtsMIIDIISAmLEIAtsS 11ni 41YJ Gw4 Xl17 OkntrlCNMII UnttySthtsts&P4rt* 6031 ThEAp 3,175 25n DcM0￿ CT ff•lk ThpFrlilwTrn pg. io

IIKOMEAMD EIIDOTNMIS Ilonatlomand le4ail•i Doiatiom 12,ni 41M2 95,1 95,159 EXPENDifuRE ChwltalA¢•dfvttl 12,761 .163 1.740 Zl,174 &¥port ca l1aiag￿Qrt Room hlr• ra C•mpth¢o 31$ 1,144 2113 3,135 187 1297 PTrl & mclknerydwellth 15,46• W4 GonrMnEq cosb A¢¢oinlancyd le N•1 lexpe￿￿)I1￿offl 11N12 pg. li

Offshoot Founda1on

Trustees Annual Report

Year ended 31 March 2022

Trustee responsibiliLes:

The Trustees have not required the charity to obtain an audit of its financial statements for the year in quesLon in accordance with secLon 476.

The Trustees acknowledge their responsibiliLes for complying with the requirements of the Act with respect to accounLng records and the preparaLon of the accounts.

These financial statements were approved by members of the commieee on 13[th] December 2022

And signed on their behalf by:

Paul Nicolas

Chair

pg. 12