## **The Raze Collective** 

Charity Registration No.1167655 

Report and Unaudited Financial Statements Year ended 30 September 2023 



## The Raze Collective 

|**Status:**|Charity Registration No.1167655|
|---|---|
|**Govening document:**||
||The Raze Collective is a Charitable Incorporated Organisation|
||(CIO) registered on 16 June 2016 governed by its trust deed.|
|**Registered Office:**|84 Bethune Road|
||London|
||N16 5BA|
|**Trustees who served since the**||
|**start of the year upto today :**|Tamsin Vibert (resigned in Nov 2023)|
||Tim Crocker-Buque (Treasurer) (resigned in Nov 2023)|
||Steve Hignell|
||Krishna Istha (resigned in Aug 2023)|
||Beck Tadman (resigned in Sep 2023)|
||Florent Trioux|
||Tracy Gentles (resigned in Oct 2023)|
||Lynsey Bonell (Chair) (appointed in Nov 2023)|
||Pembe Tokluham (appointed in Nov 2023)|
||Emily Drake (appointed in Nov 2023)|
||Almiro Andrade (appointed in Feb 2024)|
||Alice Holland (appointed in Feb 2024)|
|**Independent examiner:**|Shruti Soni ACCA|
||Shruti Soni Ltd|
||Chartered Certified Accountants|
||117a St. John's Hill, Sevenoaks TN13 3PE|





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## **The Raze Collec,ve Charity registra,on number 1167655** 

## **Trustees Report for 12 months ending 30 September 2023** 

## **Introduc,on** 

Raze Collec*ve is a charity established in 2015 dedicated to nurturing and developing innova*ve  queer performance in the UK. We create cultural opportuni*es for LGBTQIA+ ar*sts, audiences and the wider public. We value the diversity of the queer cultural scene and work with ar*sts, producers and organisa*ons who share our values and ethos. Raze was formed by grassroots performers, producers and audience members in the face of the closure of LGBTQIA+ venues. We are called Raze as the organisa*on was established in response to those queer spaces being razed. 

We bring together people and organisa*ons working in different aspects of the queer performance community, including performers, producers, promoters, directors, venue owners,  academics and audience members. The charity protects and promotes queer performance for everyone through ar*st development, events, workshops, meet ups and commissioning new work. Find out more at www.razecollec*ve.com 

## **Charitable Objects** 

Our charitable objects are as follows: 

A. To promote, maintain, improve and advance performing arts, defined as art forms involving  voice and/or movement alone or in rela*on or other objects to convey ar*s*c expression,  undertaken by people who iden*fy as Lesbian, Gay Bisexual, Transgender, Queer or Intersex  (LGBTQI) or that contains LGBTQI themes, content or context, through the provision of  workshops, training and cultural events for the benefit of the LGBTQI community and the public. 

B. The advancement of educa*on of the public in rela*on to LGBTQI performing arts through the provision of workshops, seminars, discussions, lectures, screenings and live performances. 

C. The advancement of LGBTQI performing arts by assis*ng young performers of moderate or limited means in such ways as to enable them to become self-suppor*ng. 

D. The preserva*on of LGBTQI performing arts heritage and culture, including spaces and buildings of historic interest or importance, for the benefit of the LGBTQI community and the public. 

## **Board of Trustees** 

- **Lynsey Bonnell (Co-Chair):** Workshop Facilitator, writer producer & performer (appointed 16/11/2023) 

- **Steve Hignell (Co-Chair):** Expert in cultural strategy, policy & impact analysis (appointed 



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17/10/2018) 

- **Florent Trioux:** Theatre & Dance Producer (appointed 12/10/2021) 

- **Pembe Tokluhan:** Technical Produc*on Manager & Founder of Petok Produc*ons (appointed 16/11/2023) 

- **Emily Drake** : Associate Crea*ve Director Rankin Crea*ve (appointed 16/11/2023) 

- **Almiro Andrade:** University Lecturer, educa*onist, actor, director, dramaturg & theatre translator (appointed 21/02/2024) 

- **Alice Holland:** Crea*ve Producer & Fes*val Programmer (appointed 21/02/2024) 

## **Resigned during this year:** 

- **Tamsin Vibert (Chair):** experienced venue manager, queer nightlife veteran, now of The Chateau and Vogue Fabrics Dalston. (resigned 16/11/2023) 

- **Tim Crocker-Buque:** audience member with charitable organisa*onal experience. (resigned 

- 16/11/2023) 

- **Krishna Istha:** performer, live ar*st and theatre maker. (resigned 01/08/2023) 

- **Beck Tadman:** researcher and producer (resigned 09/09/2023) 

- **Tracy Gentles:** Ar*s*c producer at Sick of the Fringe. (resigned 02/10/2023) 

## **Board Observers** 

- **Cimeon Ellerton-Kay:** Producer & Founder of Social Conven*on 

**Staff** (engaged on a freelance basis) 

- **Lucy Hayhoe:** Director/ CEO 

- **Fraser Buchannan:** Crea*ve Producer 

- **Seyi Obsibamowo:** Crea*ve Producer 

- **Gayathiri Kamalakanthan:** Access Coordinator 

## **Ar,st Steering Group** 

- **Cassie Leon:** Producer for The Cocoa Buger Club, Mighty Hoopla & The Yard Theatre 

- **Frankie Thompson:** Performer & theatre maker 

- **Adedamola Bajomo:** Drag king, performer, poet & musician 

- **Pierre Babbage:** Dancer, movement director & ar*st 

## **CHAIR’S REPORT** 

The Trustees present their annual report and financial statements for the year ended 30[th ] September 2023. The financial statements have been prepared in accordance with the accoun*ng policies set out in note 1 of the accounts and comply with the charity’s governing document, the Chari*es Act 2011, and Accoun*ng and Repor*ng by Chari*es: Statement of Recommended Prac*ce applicable to 



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chari*es  preparing their accounts in accordance with the Financial Repor*ng Standard applicable in the UK and  Republic of Ireland published on 16 July 2014 (“SORP”). 

This report covers a substan*al body of diverse ac*vi*es across live performance and digital live performance, covering the period October 1st 2022 to September 30th 2023. 

## 

The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objec*ves and in planning its future ac*vi*es.In par*cular, the Trustees consider how planned ac*vi*es will contribute to the aims and objec*ves that have been set. 

## **Related party rela,onships** 

The Charity has considered the disclosure requirements of the SORP for related party rela*onships. The Charity has no related party connec*ons with other organisa*ons. The Trustees consider the members of the Board of Trustees and their close connec*ons to be the only related par*es of the Charity. All Trustees give their *me voluntarily and receive no benefits from the Charity of any kind. No expenses were claimed from the Charity by any Trustees in the repor*ng year. Trustees are required to disclose all relevant interests and register them with the Chair of Trustees and to withdraw from decisions where a 

## **Managing risk of harm** 

In carrying out the charity’s purpose to achieve public benefit the trustees have managed risk of detriment or harm to the charity’s beneficiaries or to the public in general (which they feel is minimal). This has been achieved by iden*fying such risks where possible, minimising them and making sure any harm that might arise is of a minor consequence to the carrying out of such purpose. 

## **Going Concern** 

Aqer making appropriate enquiries, the Trustees have a reasonable expecta*on that the Charity has adequate resources to con*nue in opera*onal existence for the foreseeable future. For this reason, they con*nue to adopt the going concern basis in preparing the financial statements. Further details regarding the adop*on of the going concern basis can be found in the Accoun*ng Policies. 

## **Financial Posi,on** 

Total receipts for the 12 months to 30 September 2023 were £118,280, a decrease of £26,528 on the previous year (12 months) from £144,808. Total payments for the year were £138,970, of which £112,651 were from restricted funds and £26,319 were from unrestricted funds. There was also a transfer £21,335 from unrestricted funds to restricted funds, which was used as match funding on Art Council Grants spent within the year. 

Of the total payments £138,970, payments for ar*s*c and crea*ve costs were £43,889, produc*on and management costs were £70,449 and £7,902 were on rent and u*li*es.  The charity had net payments 



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during the year of £20,960, details of which are shown in the Receipts and Payments accounts. Unrestricted cash funds of £22,148 and restricted cash funds of £27,811 are held as at the year end. 

## **Reserves Policy** 

The Trustees acknowledge that the reserves  should only be used in rela*on to strategic ac*ons, and that they should be maintained at a level to  cover the following financial year’s budgeted minimum opera*onal costs, with ability to maintain  current staffing levels for a 3-month period, calculated to be £10,000 in addi*on to any other unrestricted funds available. 

## **Remunera,on policy for key management personnel** 

The remunera*on of all staff is reviewed annually. Staff are engaged in a freelance basis so rates of pay are set in line with ITC & Equity minimum rates The Trustees review the remunera*on of key management personnel, and draw on their knowledge of the sector, the formal appraisal process, and common prac*ce in other chari*es of similar size, to ensure that the remunera*on set is fair and not out of line with that generally paid for similar roles. 

## **Principal Funding Sources** 

These are: 

- Grants from Arts Council England 

- Grants and funding from charitable ins*tu*ons 

- Proceeds from *cket sales 

- Commissions and contracts for producing ac*vi*es 

- Dona*ons from individuals 

- Dona*ons from brands and private companies 

## **ACTIVITIES** 

Period 01 October 2022 - 30th September 2023 

Our ac*vi*es are split over 3 core programme strands: Ar*st Development, Sector Support & Community Events. 

## **ARTIST DEVELOPMENT:** 

We worked with partners Stanley Arts to deliver 3 x ar*st development programmes during this period. 

**Raze Introducing** : Oct 2022- February 2023 



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Funded by Arts Council England, Raze Introducing supported 5 ar*sts with a seed commission and 3 month professional development programme to support the crea*on of a new piece of movement based work. Ar*sts received producing support, online mentoring, workshops in digital accessibility, crea*ve prac*ce, movement, budge*ng & fundraising. Produced in partnership with Stanley Arts where we staged a showcase on Sat 25th February 2023 (60 agendees). 

Supported ar*sts: An0maly (pole), Bambi (movement/dance), Chantel Foo (dance/spoken word), Daisy Barreg-Nash (theatre) & Jasmine Kahlia (interdisciplinary). 

**Collide:** Mar 2023 - July 2023 

COLLIDE was an ar*st development commission, produced in partnership by Stanley Arts as part of Croydon’s London Borough of Culture. Ten incredible LGBTQIA+ ar*sts worked for 3 months, taking part in workshops, group sharings and receiving mentoring, rehearsal space & funds to support the crea*on of new works. The program culminated in a queer arts take-over of the Stanley Arts building on Fri 10th July.  All 10 ar*st’s works were staged over one evening, agended by over 110 people. 

Supported ar*sts: Amani, An0maly, Bilan, Danny Bailey & Alizée Ndiaye, Dot Alma, Duncan Disorderly, June Lam, Lateisha Davine Lovelace-Hanson, Orion Isaacs, Tanaka Fuego 

## **Let Us Raze You - LABS** : Jul 2023- Sept 2023 

Let Us Raze You supported 3 ar*sts with a seed commission to develop a new piece of work or evolve and adapt an exis*ng idea. This year we worked with a range of ar*sts whose prac*ces span cabaret, spoken word, theatre, music and dance. Alongside a commission fee, ar*sts received producing support, online mentoring, workshops in accessibility & marke*ng. This culminated in a sell-out sharing at Stanley Arts (75 agendees) on Thursday 21st September. 

Supported ar*sts: Azara (Mr IPM), Elle Fierce & Wet Mess 

## **SECTOR SUPPORT:** 

**Queer Arts Consor,um** : Oct 2022- Mar 2023 

Raze con*nued to run the Elevate funded Queer Arts Consor*um. The programme supported Raze Collec*ve, Queer Youth Art Collec*ve, Prim.Black, The Cocoa Buger Club & Fringe! Queer Art & Film fest with a bespoke package of organisa*onal development support. This Programme has been managed by Director Lucy Hayhoe. During this period training and support for QUAC organisa*ons has been supplied by Adapt For Arts, ITC, City Lit, AMA, Jonathan Buckerfield, Mel Larson and more. Organisa*ons have u*lised funds to set up accoun*ng rela*onships, purchase soqware and access paid *me to write funding applica*ons. In April 2023, we completed an evalua*on and examina*on of the grants Income & Expenditure which was submiged to funders Arts Council England in May 2023. Though the project is now closed the QUAC organisa*ons will maintain the collec*ve framework with bi-annual mee*ngs, aiming to con*nue to collaborate as contemporaries, cri*cal friends and support partners. 



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## **Queer Clash Diary:** Sun 15th Jan 2023 

In January we worked with partner The Yard Theatre (Hackney Wick) to host our annual networking event, Queert Clash Diary (QCD). QCD is a jam-packed day of talks, presenta*ons, interac*ve networking and performances from some of London’s most exci*ng emerging performers including Jack Boal, Symoné & Dairy King. QCD brings together promoters, producers, venues, performers, ar*sts and collec*ves from across London’s queer performance scene. It is an opportunity to meet peers, share projects, make plans for the future and play! This year we explored all things funding related, from Arts Council to venue support. We ran a talk on cracking Arts Council Project Grants, heard from the queer organisa*ons who are flourishing and the venues & fes*vals who are looking for new queer work. 

## **Queer Clash Mornings** : Jan - Mar 2023 

This year we launched a pilot of our new Quueer Clash Mornings’ (QCMs) project. QCMs are a series of crea*ve coffee mornings. Each session is cp-hosted by Raze and queer arts professionals who share with agendees’ their journey of working in arts/culture. These informal sessions were designed in response to feedback from QCD agendees who wanted more frequent and informal opportuni*es to connect with other queer crea*ves. We ran 5 x sessions during this period, with venue partner Bootstrap.  Co-hosts included: Orrow Bell, Aisha Shaibu, Dan Kok, Tracky Crombie & Shay Shay. Each event was agended by between 10-25 par*cipants. 

## **QTIBPOC Traineeship** : Nov 2022- Mar 2023 

During this period we hosted our second QTIBPOC trainee. First launched in 2021, this programme is designed to address the lack of QTIBPOC producers working in London’s art and culture sector. For 4 months our trainee was paid for 1 day per week to work as part of the raze team. During this period they worked on INTRODUCING, Queer Clash Diary and Queer Clash Mornings. 

## **Young Producers Club** : September 2023 

In September we piloted a first edi*on of a new program, Young Producers Club (YPC). We developed YPC in response to the high number of quality applica*ons that we received for our Traineeship. This programme is a way of increasing reach to more young queer people looking to establish a career in the arts. The programme was a week-long course ( 5 days), agended by 11 par*cipants aged 18-25. The course was designed as an entry level, bite-sized intro to Arts Producing, offering workshops exploring: _What is a Producer?_ , _Intro to Budgets & Funding, Intro to Marke9ng_ , _Access in the Arts_ and _Collabora9ve Working_ . 

## **COMMUNITY EVENTS:** 

## **LGBT History Month Workshops** : Stanley Arts, throughout February 2023 

A series of crea*ve workshops aimed at South London queer communi*es. These workshops provided an opportunity for par*cipants to get crea*ve and explore a queer arts prac*ce, in a relaxed and hands- on sevng. Workshops offered included, Hula Hooping, Bollysass Dance, Crea*ve Wri*ng 



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& Zine-making. Agendance ranged from 6-15 par*cipants. 

## **Newham LGBT History Month Cabaret** : Old Town Hall, Straxord, February 3rd 2023 

A cabaret commission from Newham Council to celebrate LGBT History month. We staged a cabaret extravaganza & Dj aqer party featuring drag, pole-dancing, hula-hooping, Lip-sync, Bollywood dancing and comedy. The event was agended by over 200 Newham locals, including  the Mayor of Newham. 

## **Mighty Hoopla Fes,val:** Brockwell Park, June 3rd & 4th 2023 

Raze has become  a charity partner of Mighty Hoopla Fes*val, securing a yearly dona*on. On top of which we were commissioned to provide a day*me cabaret show on the new Pinkies Stage on both days of the fes*val. This provided an important performance plaxorm and exposure for seven emerging ar*sts, many of whom have aspira*ons to work on Hoopla’s larger stages. 

## **The Great Get Together** : Queen Elizabeth Olympic Park,  1st July 2023 

A family friendly cabaret commission for The Great Get Together, an event that brings together diverse communi*es from across Newham & Tower Hamlets. Our family friendly cabaret agracted an audience of between 40-50 people (mainly children & families), and featured drag, clowning, Bollysass dance & hula hooping. 

**Queer Summer Fayre** : Hackney Bridge, 2nd September 2023 

This year marked the return of Queer Summer Fayre, funded by the Jubilee Fund in 2022, this year we were funded by Na*onal Logery Awards For All. The Fayre was held at Hackney Bridge and featured a queer market (hos*ng queer ar*sts & makers), a series of hands-on crea*ve workshops, two cabaret performances and an aqerparty. We had a fooxall of >250 par*cipants, across all ac*vi*es. 

## **ORGANISATIONAL DEVELOPMENT:** 

Over this year we have maintained 3 core staff members, Lucy Hayhoe (Director), Seyi Osibamowo (Crea*ve Producer) & Fraser Buchanan (Crea*ve Producer). In June we created a new Access Coordinator role, to ensure we con*nue to embed and priori*se Accessibility across our programme. The posi*on was filled by Gayathiri Kamalakanthan. In January 2024 Flyn Klein (Comms Assistant) leq the organisa*on to concentrate on his studies. 

This year we were successful in achieving mul*ple grants (ACE, Na*onal Logery), earning performance commissions (Newham Council, The Great Get Together, Mighty Hoopla)  and securing corporate donors (Plus 1, Mighty Hoopla). However we are s*ll in pursuit of mul*-year funding, having submiged an unsuccessful applica*on to the Paul Hamlyn Founda*on. This is a target for 2024. Despite financial challenges Raze con*nues to go from strength to strength, increasing our profile within the arts sector and solidifying our programme stands, aims and objec*ves. 

During our last financial year we supported 18 x ar*sts with meaningful development programmes, 



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staged 9 x large scale public events, hosted x 11 industry workshops/events and welcomed an audience of over 1500 agendees across our programme. 

## **TRUSTEES' RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS** 

The Trustees are responsible for preparing a Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accoun*ng Standards (United Kingdom Generally Accepted Accoun*ng Prac*ce). 

The law applicable to chari*es in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the Charity and of the incoming resources, and of the applica*on of resources, of the Charity for that period. In preparing the financial statements, the Trustees are required to: 

- Select suitable accoun*ng policies and then apply them consistently; 

- Observe the methods and principles in the applicable Chari*es SORP (FRS102); • 

Make judgments and es*mates that are reasonable and prudent; 

- State whether applicable accoun*ng standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the group will con*nue in business. 

The Trustees are responsible for keeping proper accoun*ng records that disclose with reasonable accuracy at any *me the financial posi*on of the Charity and to enable them to ensure that the financial statements comply with the Chari*es Act 2011, the applicable Chari*es (Accounts and Reports) Regula*ons, and the provisions of the Charity's governing document. They are also responsible for safeguarding the assets of the Charity and taking reasonable steps for the preven*on and detec*on of fraud and other irregulari*es. 

The Trustees are responsible for the maintenance and integrity of the Charity and financial informa*on included on the Charity’s website in accordance with legisla*on in the United Kingdom governing the prepara*on and dissemina*on of financial statements. 

## **DISCLOSURE OF INFORMATION TO THE EXAMINERS** 

In so far as the Trustees are aware: 

There is no relevant informa*on of which the Charity’s examiners are unaware; and The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit informa*on and to establish that the auditors are aware of that informa*on. The Trustees are responsible for the maintenance and integrity of the corporate and financial informa*on included on the Charity's websites. Legisla*on in the United Kingdom governing the prepara*on and dissemina*on of financial statements may differ from legisla*on in other jurisdic*ons. 

## **PLANS FOR 2023-2024** 

Raze has contributed significantly to the arts landscape of England, we have con*nued to unearth 



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and champion the work of marginalised performers and performance collec*ves, and provide opportuni*es through our ar*st development projects, performance plaxorms and sector support ac*vi*es. 

Plans for the upcoming year include: 

- Launch second phase of Let Us Raze You LABS - an extended ar*st development programme that builds on our ambi*on to launch an Associate Ar*st scheme. 

- The return of Queer Clash Diary, our flagship networking event for ar*sts, venues & producers. 

- Development of this year's pilot programme _Young Producers Club_ . 

- Development of a new Digital Resources library. 

- Development of new partnerships with Artsadmin, Turf Projects, Queer Youth Art Collec*ve and individual ar*sts. 

- Con*nued work on improving access to our programme & public events. 

- Con*nued plans to secure mul*-year funding - Paul Hamlyn resubmission, City & Bridge Small Grants Programme, Na*onal Logery Reaching Communi*es. 

- Con*nued development of staff team 

In addi*on, we con*nue to capitalise on the many collabora*on offers that we regularly receive, including collabora*ons with large and small venues and organisa*ons, chari*es, universi*es, local councils, privately  owned enterprises, producers and the performers themselves. 

## **APPROVAL OF THE REPORT** 

This report was approved by the Board of Trustees on 24/06/2023 and signed on their behalf by: 

- Chair, Board of Trustees 



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## **Independent Examiner’s Report to the Trustees of The Raze Collective** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2023 which are set out on pages 11 and 12. 

## **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 charity’s accounts carried out under section 145 of the 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 examiner's statement** 

I have completed my examination. I confirm that no 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 Act; or 

2.     the accounts do not accord with those records; or 

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. 


**Shruti Soni FCCA FCIE** Date: 26/6/2024 

Shruti Soni Ltd 117a St. John's Hill, Sevenoaks TN13 3PE 



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## **The Raze Collective Charity Registration number 1167655** 

## **Receipts and payments accounts For the year ended 30 September 2023** 

|**Receipts**<br>Arts Council England grants<br>National lottery - Raze summer<br>East End Community - Jubilee Fund<br>Donation<br>Deliveroo Partnerships<br>Newham Unlocked<br>Income from performances & activities<br>**Payments**<br>Artistic & creative (commission & fees)<br>Production, management and design<br>Rent and Utilities<br>Website and software subscriptions<br>Office expenses<br>Marketing<br>Equipment and consumables<br>Legal & Professional fees<br>Training<br>Evaluation and other direct costs<br>**Net of receipts/(payments)**<br>**Transfer between funds**<br>**Cash funds last year end**<br>**Total payments**<br>**Cash funds this year end**<br>**Total Receipts**|01/10/2022 to 30/09/2023|01/10/2022 to 30/09/2023|
|---|---|---|
||**£**<br>**-**<br>**-**<br>**-**<br>**12,729**<br>**-**<br>**-**<br>**26,228**<br>**38,957**<br>**12,711**<br>**11,029**<br>**-**<br>**239**<br>**2,157**<br>**184**<br>**-**<br>**-**<br>**-**<br>**-**<br>**26,319**<br>**12,637**<br>**(21,335)**<br>**30,846**<br>**22,148**<br> <br> <br>**Unrestricted**<br>**funds**|**Restricted**<br>**funds**<br>**£**<br>**69,423**<br>**9,900**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**79,323**<br>**31,177**<br>**59,421**<br>**7,902**<br>**3,486**<br>**1,460**<br>**578**<br>**230**<br>**2,670**<br>**1,130**<br>**4,597**<br>**112,651**<br>**(33,328)**<br>**21,335**<br>**39,804**<br>**27,811**|



The transfer from unrestricted funds to restricted funds is representative of the expenditure of unrestricted income that was used as match funding within  Arts Council grants. It comprises expenditure spent against unrestricted income from Tinder Donations, Ticket sales and hot-desks income, which becomes ring-fenced as part of Arts Council Grant project budgets. 

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## **The Raze Collective** 

## **Statement of assets and liabilities at the end of the period 30 September 2023** 

|**Details**|**Unrestricted**<br>**funds**|**Restricted**<br>**funds**|**Total funds**|
|---|---|---|---|
||**£**|**£**|**£**|
|Cash at bank and on hand|22,148|27,811|49,959|
|Debtors - Accrual income|2,150|3,465|5,615|
|Creditors - Accrual expenses|1,440|7,919|9,359|



The charity received donated services and facilities totaling £14,280 (2022: £8,900). This includes probono professional services of £4,400, office space facilities £6,380 and venue hire £3,500. 

During the year, the charity acted as an agent for third-parties whose aims and objectives are consistent with those of the charity. Funds received from David Family Foundation £7,250 (2022: £7,900) and Space station £10,500 (2022: £7,500) were held in cash, and paid out to Fringe Queer Film & Arts Fest on the instruction of the principal and recorded within a separate general ledger sub-code and adjusted in financial statements. No funds were left at the end of the year. 

The financial statements comprising of the Receipts and Payments Summary and Statement of Assets and Liabilities were approved and authorised for issue by the Board on 24 June 2024 

_______________ 

_Signed by one or two trustees on behalf of all the trustees_ 

|Signature|Print Name|
|---|---|
||Lynsey Bonell|
|||



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