RECEIVED
2 4 JAN 2025
NEWMAN & CO
Charlty regl$trallon number 1167949 (En£land and Wales)
Company reglslratlon number CE007701
DE
T AND UNAUDITED FINANCIAL STATEMENTS
R THEY

ER
LEGAL AND ADMTNISTRATIVE INFORMATIO
Trustees
Mr Maieo Raymenl
Kale Welion
Chrisiopher Holden
Jacqui Petrie
Andic S1005
Andy Simpson
Gcraldine Leeder
JAninc Oxley
Jcan Grocolt
Charity number (EnglAnd and Wales)
1167949
Company number
CE007701
Prlnclpal address
21 Si. Nicholas Sireel
DISS
Norfolk
IP22 4LB
Registered offlte
21 Sl, Nicholas Sireel
DISS
Norfolk
IP22 4LB
Independent examlner
Waveney Accounlanls Limiled
Tlas Newman & Co
Charlered Accounlanls
4b Church Street
Diss
Norfolk
IP22 4DD

DESIGNERMAKERS CIO
NTENT
Page
Chairn)an's stalemenl
Trusl¢cs' r¢porl
Independent examinerfs report
Slatemenl of financial aclivilies
Balance Sheet
Notes lo the financial stalem¢nls
8- 13

DE
NERMAKERS CIO
HAIRMAN,
STATEMENT
R THE YEAR EN
Report from the Chalr 202312024
Following Ihe suc¢e5sful bid io the Governmenl's levellinB up Communily Ownership Fund (COF) in March 2023. the focus
for the CIO Ihis year has been lo raise match funding. The 'Savc Our Siory, Fundraising Campaign continued and with a target
of £171,750 Ihere has been much work lo do!
A full pro¥ramme of exhibilions, events and workshops was planned and catri¢d oui drawing on ideas sugges¢ed by members
And stspporters (see full list within financial managemenl report). With successful bids lo Garfield Weston, The Foylc
Foundalivn and Diss SuTheyors Allolment Fund, as wcll as numerous Smaller individual donations and granls (see financial
report for breakdown). we achieved sutTieienl of our match funding target to purchase the building by ihe end of 2023. Some
minor legal challenges meant Ihal 21. Sl Nicholas Street was nol fully owned by Ihe CIO until March 2024 but finally our
dream lo own OUT home has been achieved!
Although a key focus has been fundraising, w¢ have ensured ih31 the Charily's educalional purpose has been fulfilled.
Our commitment lo Ihe loc&1 communily has also remained slron¥. Designermakers21 had a stall al Diss Town Council's 'A
Right Royal Celebralion. with Membe￿ running free aclivilies. Thomage Hall Independenl Living Comrnunily exhibilcd wilh
us for the first time and Diss High School relurned for an exhibilion of ' A, Level Art Ihe exhibilion curated by the 51udenls
while Diss High school and HArtismeTe High School teams competed in the 'The Big draw OIT. competition in October where
much fun was had by alll Our SumfflcT Expo .23 was once murL' exlrL'mL.ly popular wilh an in¢r¢Jb¢ in submissions; Ihis event
brings in new audiences bul most importantly gives local people a professional exhibition arena where they can see their work
exhibited often for Ihe firsl time.
We continue lo provide free exhibition space for two local charities Solo Housing who work with local homeless people
and Sir¢¢i ForBe.
Full Members:
Full lime members and Trustees continue lo managc the day.lo-day needs of both Ihe CIO and dm21 co-ordinating all events,
markeiing and building mainlcnance. Wilh Ihe fundraising foLUS Ih15 ycar, members havc bccn busier than evcr and havc been
hclp¢d by local arlist supporters who have volunlccied to run workshops and other aclivilies with P￿rIt5 going 10 'The Save
Our Siory, c4mpai¥n,
Cuest Members:
Our Guesl membership scherne has continued lo thrive Ihis year. The scheme provid¢s an opportunily for local artists lo further
develop their prgcli¢¢ in a sludio s¢lling while benefiling from bein¥ part of a ¢ommunily of artists. Ihe 5chem¢ also gives
Guesl members access lo menlorship as well as polenlial collaboralive experiences. The CIO of course a150 benefits from
addilional craft PTaclices on offer lo visiting membets of the public. There is an option for guest membeTS lo apply for full
membership ifthere is a vacant 51udio 5pac¢.
As$0¢iAte Members and Showcase:
Our Associate Memb¢r5hip 5ch¢ffle as well 35 the Showcase Gallery* continue to be successful in extending Ihe range of Craft
di￿lpIlDes we preseni. This year 9 arlisls and makers showcased with us for Ihe first lime. and we also welcomed back three
popular 'show ¢asers' from previous yeaTS. We have nine Associale members - several are previous rnernbers who continue
their connection wilh dm21 Ihrough Ihis ￿h¢M¢, Exiending Ihe range of work on show al de5ignerniaker521 bn)adcn5 our
appeal to visitors and ensures a dynamic experience lo inspire repeal visils.

DESIGNERMAKERS CIO
HAIRMAN'S STAT
R THE YEAR ENDED 4 APRIL 2024
Fundral$ing Events and workshops:
As said above we have run a wide range of evenis and workshops Ihis year focusing on fundraising and educalion in ihe arts.
Eighi exhibilions have benefiled from the track lighiing installed last year. This has rcally hclpcd lo give cxhibitcd work a
prvf¥ssional appearance. Exhibilions included 'Saori Weave, showcasing Ihe work of Saori sludenls and lo celebrate our l Oih
Anniversary ' l Oacious. wilh pholos and exhibits pmviding a trip down memory lane as well as a reminder of the huge progress
we have made. MembeTS have run Iwo 'ln-Action' Days Ceramics and Tcxliles
linked io Iwo very successful member
curaled exhibition5
'The Earth Sings, and 'Surface Texliles'(in collaboralion with Diss Com Hall). The ' In-Aclion' days as
usual allracled a large number of visilors olall ages who enjoyed irying oui ditferenl laster aclivilies. Similarly. our 'Have a Go,
day wa5 exlremely popular. wilh member5 off¢Tin¥ lasler sessions in their individual areas.
A number of large events have been solely aimed al fundraising including the 'Jig 'n' a Gis Ceilidh al Diss Com Hall where we
launched our Poslcard Art Sale. The biggesi fundraising event was the Auciion Unmissable conducted by T.W. Gaze al their
auction roo￿￿, followcd by Ihc 'Silcnl Auction.. Wc ar¢ grdlcful lo all ihose who donaled items which were es5enlial lo Ihe
5ucce55 of ihese evenls. We are also graieful lo the Cornhall for donating their venue and T.W. Gaze for donating their venue
and Ihe services of their auclioneer and oth¢r slaff.
We have been overwhelmed by thc generosity of local arlisls and supporters Ihis year who have giv¢n ih¢ir lime, ideas, work
and skills lo help provide o rich and varied programm¢ for our visilors. Smartphone Pholo8raphy, Nealle Felling, Life-
Drawing and CIAY Tile workshops for example, have been successfully njn wilh all profits going lo our campaign. A focus on
'DrAwing' in Oclober and November 2023, included demonslralions, dropin 5cssion5, talk5 and work5hopt4 by local ariisls
includin8 8 1)ook launch and children'5, workshop run by a local illuslralor and author. 'Cake and Make. _ an inilialive run
monthly by a group of Saori weave sludenis - has really taken OIT, noi only raising moncy for ihe campaign bul also providing
supporlive and nurturing creative environmeni for visitors. All of these conlribulions have been invaluable not only
rinancially bul equally in showing the support for designemiakers21 and what Ihe OTganisalion offers lo the local communily.
W¢ also thank our fanlastic volunl¢¢r t¢arn for welcoming visilors, managing ticket sale5 and providing addilional support at
evcnls.
We conlinuc lo promole the aclivilies al dm21 ihrough tsrgeled marketing including Facebook and Inslagram, adv¢rtis¢m¢nls in
local prinl media & local radio and a range of leaflels promoting our charily, evenls and workshops.
And now to the fU￿re...,,.
We move into nexl year owning 21, Si Nicholas Slreel and aware of Ihe new responsibililies which ihe CIO now carries. A re-
slrucluring of the board of Truslccs is plann¢d to brins in mor¢ ITuslees wilh additional skills and experience which will help
Ca￿ the or8&nisalion forward.
Now we own Ihe buildin8. we lurn our focus on realisin¥ Ihe exciling ideas for phases two and Ihree of our building
development. An exlension lo Ihe COF deadline for the remaining sum awardd 51111 m¢an5 we hav¢ lo Jnove quickly to ensure
Ihal planned work on insulation, windows and healing happens within the tighi lime frame. These improvernenls will mean Ihal
Ihe building is more environmentally friendly and warmer for members and visitors.
Looking ahead, further fundrnising will be needed to raise money for a pernianent fire es¢ape as well as lo make improvements
lo Ihe flow of the building and lo ensure belter access for all.
We have anolher exciling year of evenls which will allracl new audiences as well as repeal visitor5, conlinuing to inspire
inleresl in the arts and encouragin8 others lo learn a new skill. We remain commiiied lo creaiivily, the arts as a pathway lo
wellbeing and io showcasing excellence in craft.
And, mosl importantly. we conlinue lo develop 21, Sl Nicholas Street for the benefit of future g¢n¢rations.
Janine Oxley
ChAlr
Dale:

DESI
'REP
RT
The Iruslees present their annual report and financial slalements for the year ended 4 April 2024.
The financial statements have been prepared in a¢¢ordanc¢ with the accounting policies sel out in note I lo Ihe financial
slalemenls and comply with the CIO'S goveming document, the Companies Act 2006, FRS 102 'The Financial Reporting
Standard applicable in ihe UK and Republic of Ireland" and the Charities SORP "Accounling and Reporting by Charilies..
Slatemenl of Recommended Practice applicable lo chaTilies prepanng their accounls in accordance wilh the Financial Rwrting
Siand4rd applicable in the UK and Republic of Ireland (FRS 102)"
Obfjeetlve$ and Aetlvllles
Piiblic benefil
The Irusiees have paid due regard lo guidanc¢ issucd by ihe Charity Commission in deciding what activili¢s th¢ CIO should
underlake.
Achlevtments and perlormanee
Signffficanl aclriiiiies andachieveipienls again$1 obje¢iii*s
FlnanclAI revlew
Reserves policy
li is the policy of ihe CIO Ihal unreslri¢led funds which have nol been designaied for a specific use should be maintained al a
level equivalenl lo between three and six rnonih's expenditure. The Iruslees consider that res¢rv¢s al Ihi5 level will ensure that,
in lh¢ ¢venl of a siBnifi¢anl drop in funding, they will be able to ¢onlinu¢ lh¢ CIO'S cU￿ent aclivilies while consideration is
given to WAYS in which addilional funds may be raised. This level of resc￿eS has been maintained Ihrou8houl the year.
Stru¢ture. govern2nce And man#8em¢nl
The CIO is & Charilable Incorpoialed Organisalion (CIO) formcd JO June 2016.
The Iruslees, who are also Ihe direclors for Ihe purpose of company law, and who served during the year and up lo the date of
si¥naiur¢ of Ihe financial slalemenls were:
Mr Marco Raymenl
Kate W¢lion
Christopher Holden
J&cqui Peirie
Andre Sloos
Andy Simp50n
Geraldin¢ L¢eder
Janine Oxley
J¢an Grocoll
Reci'iiliinehi andappoinimeni ofii'iisleés
Pot¢nlial candidales for Ihe Board of TN$tees are idcnlified (following discussion by the Board) Ihrough infornial
recommendation. Fornial approaches (with supporting liternlure) are made followed by inforn￿L meetings with po(eniial
candidates. The Trustees then recornmend to th¢ M¢Jnbership of Ihe charity th¢ candidates they favour, a vote is held (either al
an AGM. SAGM or eleclronically) and the membership of the Board is amended accordingly.
None of the lrnslees has 8ny benefieial interest in the company. All of the Irusttts are members of ihe company and guaranlee
lo conlribule £ l in the event of a winding up.
O￿an1$allo￿oI sri'tlcliiiv
The Board of Tru5tces compri5¢5 two Ihbrds non-mernbers and one third Members (wher¢ Mmb¢rs artls15 who o¢¢upy
studio space at designelrniakers21).
Trustees Jgree io join working groups (Finance, Legal, Buildings. Fundraising ) where Ihey arc join¢d by non-trustee Members.
Working groups report to the Board of Trustee5 who Ihen mak¢ n￿esSary d¢ci5i011S that are relayed bxk to Ihe work groups for
implementslion.

NERMAKERS CIO
TEES, REP
R THE YEAR ENDED 4 APR
The Iruslees. reN)rt was appToved by Ihe Board of Trustees.
Mr Marco Ray
Trustee
enl
Dale..

DE
NERMAKER
rNDEPENDENT EXAMtNER'S REP
RT
I report to Ihe Ituslees on my examinalion of the financial siatemenis of DesigneTmakers CIO (Ihe CIO) for the year ended 4
April 2024.
Responslbllltles and basls of report
As Ihe Iru51ce5 of Ih¢ CIO (and also its directors for th¢ PUfPOSC5 of company law)* you are ￿PonSible for lh¢ preparntion of
Ihe financial slalemenls in accordance with the rcquiremenls ol the Companies Act 2￿6.
Having satisfied myself that Ihe financial slalemenls of (he CIO are nol required lo be audited under Part 16 of the Companies
Act 2006 and are eligible for independent examination, I report in respecl of my examinalion of the CIO'S financial statements
carried out under section 145 of Ihe Charilie5 Aci 201 l. In canying out my examination I have followed ihe Directions given by
the Charity Commission under seclion 145(5)(b) of ihe Charities Ael 2011.
ndependent exAmirter'$ stltement
Since the LIO'S ¥ross incon)¢ exceeded £250,000. Ihe independent examiner musl be a member of a bi)dy listed in section 145
of ihe Charili¢5 Act 2011. I confimi Ihai l am 4ualifiLd lo undcrtake ihL' exarnin&lion because l am a member of the Inslitule of
Chartered Accounlanls in England and Wale5, which is one of Ihe lisled bodies.
have completed my examination. I confinn ihal no mallers have come lo my allenlion in connection with the examinalion
giving me cause lo believe that in any mai¢rial respecl:
accountin¥ recofds were not kept in respecl of Ihe CIO as required by seclion 386 of the Companies Act 2006.
the financial slalements do not accord wilh Ihosc records. or
the financial slalemenls do nol comply wilh the accounling requirements of seclion 396 of Ihe Companies Act 200fi oiher
Ihan any requiremenl Ihal the financial 51alemenls 8ive a Irue and fair vicw. which is not a maller considered as part of an
independent examination. or
Ihe financial slalemen15 have nol becn prepared in accordance wilh Ihe rnethod5 and principlcs of the Siolemenl of
Recommended Praclice for accounting and rew)rlin8 by chariiics applicable lo charities preparin8 Iheir financial
slalemenls in accordance wilh Ihe Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102).
I have no concems
drawn in t
report i
d have come 4cros5 no other mallers in conncclion wilh the examination lo whKh altenlion should be
der lo enable a proper understanding of Ihe financial slalements lo be reached.
Wayne Goddard FCCA ACA CTA
WAveney Accountants Llmlted
Tlas Newman & Co
Chartcrcd Accounlanls
4b Church Str¢el
Diss
Norfolk
IP22 4DD
Date-. ..

DESIGNERMAKERS CIO
STATFMENT OF FtNANCIAL A
IVITI
DtN
F AND EXPENDITURE ACC
PRIL2
24
Unrestrleted
funds
2024
Restrlcted
funds
2024
Total Unrestrleted
funds
2023
Restricted
funds
2023
Total
2024
2023
Notes
Ineome from:
Donations and legacie5
Charitable aelivilies
Inveslmenls
30.348
35,209
105
254.267
284,615
35.209
105
1.026
19,448
2,176
3,202
19,448
Total in¢ome
65,662
254,267
319,929
20.474
2,176
22,650
Expendlture on:
Charitable activities
36,074
2,176
38.250
20,109
20,109
TotAI expenditure
36,074
2.176
38,250
20,109
20,109
Net Income and rnovement lo
funds
29,588
252,091
281,679
365
2,176
2.541
Re¢on¢iliation of funds;
Fund balances al 5 April 2023
13,073
2,176
15.249
12,708
12,708
Fund bal4n¢es at 4 Apr612024
42.661
254,267
296,928
13,073
2.176
15.249
The slalemenl or rinancial activities include5 all gains and 10sse5 recogni5ed in Ihe year. All income and expenditure derive
from continuing aciivilies.

DE
NERMAKERS
BALANCE
HEET
2024
2023
Notes
Fixed assels
Tangible asseis
12
258.222
Current sisset$
Cash at bank and in hand
38.706
15.249
Net ¢urreftt x$$tt$
38.706
15.249
Total assets less current liibilitie$
296.928
15.249
The fund$ of the CIO
Restricted Income funds
Unreslriclcd funds
13
14
254.267
42.661
2,176
13.073
296,928
15,249
The company is enliiled lo Ihe exemption from ihe audll requlremenl conlained in section 477 of Ihe Companles Acl 2006, for
Ihe year ended 4 April 2024.
The directors acknowledge their responsibilities for complying with Ihc r¢quiremenls of lh¢ Companies Acl 2006 with respect
lo accounting records and ihe preparalion of financial slalemenls.
The members have not required Ihe company lo obtain an audit of ils financial slalemenls for Ihe year in queslton in accord8nce
wilh seclion 476.
The5¢ financial stal¢meniS have b¢¢n prepared in a¢cordanc¢ with th¢ provisions applicable lo companies subjecl lo Ih¢ small
companies regime.
The financial slalemenls were approved by the Iruslees on ..
Mr Marco Ra
Trustee
menl
Company regislralion number CE007701 (England and Wales}

DESIGNERMAKERS CIO
TE
THE FtNANCIAL STATEMENTS
R THE YEAR ENDED 4 APRIL 2024
Accounting politie$
Charlty InformAtlon
Designemiakers CIO is a Charilable Incorporated Organisation Inco￿Oraled in England and Wales. The registered 0￿1¢¢
is 21 St. Nichulas Str¢¢l, DISS, Norfolk, IP22 4LB.
1.1 Accollntlng convontlon
The financial 51atemcnls have been prepared in J¢¢ordanre with the CIO'S governing document, Ihe Companies Act 2006,
FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP
'Accounling and Reporting by Charities.. Sialemenl of Recommended Practice applicable lo charilies preparing Iheir
aecounls in accordance with the Financial Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102)"
The CIO is a Public Benefii Enlily as defined by FRS 102.
The CIO has iaken advanlAye of the provisions in the SORP for charities nol to prepare a slalemenl of cash flows.
The financial slalemenls are prepared in 51erling. which is Ihe functional currency of the CIO. Monetary amounts in the5¢
rinancial sialemenls are rounded lo the nearest £.
The financial stalemcnls have been preparcd under the historical cost convenlion. The principal accounting policies
adopted are sei out below.
1.2 Going concern
Ai the lime of approving Ihe financial slalemenls, Ihe Iruslees havc a re)sonabl¢ expectation that the CIO has adequate
resources lo continue in operalional exislcncc for the foreseeable fulure. Thus Ihe trustees continue to adopi Ihe going
concern basis of accounling in preparing the financial slalemenls,
1.3 Ch•rlt*ble funds
Unreslricled funds are available for use al Ihe discretion of the Iruslees in furtherance of Itrleir charilable objectives.
Reslricled funds are subject lo specific condblions by donors or grantors as lo how Ihey m&y be used. The purposes and
uses ofih¢ reslricled funds aT¢ sel oul in Ihe notes lo Ihe financial 51alemenls.
Endowmeni funds are subjecl to specific conditions by donors ihal the eapital musl be m8inlained by the CIO.
1.4 Income
Income is recognised when the CIO is legally ¢nliiled lo it after any perforniance conditions have been mel, Ihe amounls
an ￿. m¢asurcd r¢liubly, and il is probablL thai ineome will be received.
Cash donations arc recognised on r¢¢¢ipl. Oiher donations are recognised once the CIO has been nolified of ihe donation.
unless perforn)ance conditions require deferral of the amount. Incom¢ lax recoverable in relalion to donalion5 received
und¢r Gitl Aid or d¢¢ds of ¢ov¢nanl is recognised al the lime of Ihe donation.
Legacies are recognised on receipl or oiherwisc if the CIO has been notified of an impending dislribulioD, the amount is
known, and receipt is expected. If the &mounl is noi known, th¢ legacy is Ir¢8led as a conlingenl asset.
1.5 Expenditu
Expendilure is recognised once there is a legal or con5truclive obligation lo Iransf¢r ¢conomi¢ ben¢fil to a Ihird party, il is
probable Ihal a transfer of cconomic benefits will be required in seiilemenl. and the amount of the obligalion can be
measured reliably.
Expenditure is classified by aclivily. The costs of each aclivily ar¢ made up of the lolal of direct costs and shA￿d costs,
in¢ludin8 SUPPOrt costs involved in undertakin8 each activity. Direcl cost5 atlribulable lo 3 single ￿liVi1Y are allocaied
direcily lo that activity. Shared cosls which conlribute to more IhAn one activity and support costs which are nol
allribulable lo a single activily are apportioned belween ihose aclivili¢s on a basis consislent with Ihe use of resources.
Cenlral staff costs ar¢ all￿ated on ihe basis of lime spent. and deprecialion charges are allocaled on the porlion of Ihe
asset's use.

SIGNERMAKERS CI
OTES T
HE
AN
IAL
TATEMENT
FOR THE YEAR ENDED 4
RIL 2024
Accounting policies
(Continued)
1.6 Tanglble fixed assets
Tangible fixed assets are inilially measured at cosl and subsequently measured at cost or Val￿tIOn, net of deprecialion
and any impairnienl losses.
Depreciation is re¢ognised so as 10 wriie off Ihe cosi or valuation ofassels less their residual values over ihcir useful lives
on Ihe following bases..
Freehold land and buildin¥s
nol Cu￿en11Y depreciated
The gain or1055 arising on Ihe disposal of an a55el is dclermined a5 the difference between Ihe sale proceeds and the
carrying value ofihe assei. and is reeognised in Ihc slal¢meni of financial aclivilies.
1.7 ImpAlrment of fixed assets
Ai each reporting end date. Ihe CIO reviews the carryin¥ amounts of its tangible asse15 lo delemiine whether there is any
indication thal those assels have suffered an impairnicnl loss. If any such indication exis15, the recoverable amount of the
assel is esiimaled in order lo dderniinc the exlenl of Ihe impairnienl loss (if any).
1.8 Cash Ind cash equlvalents
Cash and ¢ash equival¢nls include cash in hand, deposils held al call with banks, other short-IC￿ liquid inveslmeDt5 Wlth
original malurilies of Ihree monlhs or less. and bank overdrafts. Bank overdrafts are shown within l￿rowIngS in current
iabililies.
Basl¢flnanclal assets
Basic financial assels, which include debtors and cash and bank balances, are inilially measured al transaction price
including IransaLlion cosls und are subsequenily Ca￿led ai amorlised cost using Ihe effective interesl meihod unless (he
a￿angement con51ilules a financing Irdllsaclivn, whi'r¢' Ihe Iransaclion is rneasurcd al th¢ prc5cnl valuc of Ihc future
receipts discounlcd al a market rale of inleresl. Financial a$sels classified as receivable wilhin one year are not amortised.
Boslcflnonclttl Ilobllliles
Basic financial liabiliiies, including Creditors and bank loans Are inilially recognised al Iransaclion price unless the
a￿angement ¢on51ilul¢s a financing Iran5aclion, wh¢r¢ ihe d¢bt in51rum¢nl is m¢a5ur¢d al the present value of the future
paymenls discounled al a m8rkel rale of inl¢resl. Financial liabilities classified as payable wilhin one year are not
amorlised.
Debt inslrumenls are subsequently carried al amonised ¢osl, using the effective inlerest rate method.
Trade credilots are obligalions lo pay for goods or services Ihat have been acquired in the ordinary course of operations
from suppliers. Amounts payable are classified a5 curreni liabililies if paymenl is due within one year or less. If nol, Ihey
are presented &s non-currenl liabililies. Trade creditors are reco8nised initially ai Iransaclion price and subsequently
measuffd al amorlised cost using the ctyective interesi method.
Derecogrtlllon offlnancl41 Ilubllilles
Financial liabililies are derecognised when Ihe CIO'S conlraclual obligalions expire or are di￿haT8¢d or cancelled.
1.9 Employ¢e benefits
The cost of any unused holiday eniiilemenl is recognised in the period in which the employee's services ar¢ received.
Ternlinalion benefils are recognised immediately as an expense when the CIO 15 demonslrably commiiled to lerniinale
the employmeni of an employee or to provide lemiinaiion benefits.

NERMAKERS CIO
THE FINANCIAL STATEMENTS
CONTINUE
R ENDED 4 APRIL 2024
Crltieal aeeounting estimates and judgements
n the applie8lion of the CIO'S accounling policies, the lrnslees are required lo make judgemenls. ¢slimales and
ossumplions about lh¢ Carrying amount of assels and liabilities Ihal are nol readily apparent from other 5ourr¢s. The
e51im&les and associated assumption5 are based on historical experience and other factors that are considered lo be
relevant. Actual results may ditTer from Ihesc esiimaies.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounling e51imales are
recognised in the period in which the eslimatc 15 revised where the revision affects only Ihal peri(Kl, or in Ihe Peri￿ of
Ihe revisi(￿ and fulure periods where the revision affects both currenl and lulure periods.
In¢ome from donAtIoTrs and leg*¢ie$
Unrestrlcted
runds
2024
Restrlcted
funds
2024
Total Unrestricted
funds
2023
Restrlcted
funds
2023
Total
2024
2023
Donalions and gifts
Grants
JO,348
30,348
254.267
,026
2,176
3,202
254,267
30.J48
254,267
284,615
,026
2.176
3.202
Income from ¢hirit*ble s¢tivltSes
Unrestricted
funds
2024
Unre$trlcted
funds
2023
General
Charitable aclivilies
Licence fees
16,944
18,265
10,683
8,765
35.209
19,448
Income from Investments
Unre5trieted Unrestrieted
funds
fund$
2024
2023
Inleresl receivable
105
10.

DESI
NE
MAKER
NOTE
THE FINAN
IAL
FOR THE YEAR ENDED 4 APRIL 2024
Expendlture on eharitable Aetiyities
Premlses
2024
Premlses
2023
Dire¢t Costs
Rent (lease)
Cost of¢h8rilable evenls
Building improvemenlslrepairs
Insurance
Safeguarding
Utililies
Advertising and marketing
4.584
14,268
3,049
2,820
30
10,275
1,018
2.167
2,261
2,635
30
5,806
36.044
17.899
Share of Support 2nd governAn¢e ¢o$ts (see note 7)
Govemanee
2,206
2,210
38,250
20,109
Analysls by fund
Unreslricled funds
Re$lricled funds
36,074
2.176
20,109
38,250
20.1(P)
Support CO515 AIIocAted to g¢tlvltle¥
Premlses
2024
Total
2023
Governance
2,206
2,210
Net movement In funds
2024
2023
The nel movemenl in funds is staled after charging/(cr¢diting)'.
Fees payable for the independent examinalion olthe charity's financial slalemenls
354
246
Trustees
None of the Iruslees (or any persons connected with them) received any remuneration OT benefits from the CIO during
Ihe year.
11

DESIGNERMAKERS CIO
NOT
RTH
YEAR ENDED 4 AP
io
Employee$
The average monihly number of employees during the year was..
2024
Number
2023
Number
Tolal
There wer¢ no ¢mploye¢s whose annual remuneration was more than £60,000.
Remuneratlon of key m2nAgement personntl
The remuneralion of key management personnel was as follows:
11 Taxallon
The charily is exempl from laxalion on ils aclivilies because all ils income is applied for charilable purposes.
12 Tanglble flxed assets
Fr¢¢hold l•nd
Cost
Addilions
258,222
At 4 April 2024
258.222
Carrylng amount
Al 4 April 2024
258,222
13 Restricted fundi
The reslricled funds of the charily comprise the unexpended balances of donalions and granls held on lrnsl Subject lo
specific Conditions by donor5 as 10 how ihey MAY be used.
At S April 2023
Ineomlng
resource5
Resources At 4 Aprll 2024
expended
Generdl unreslricled
2,176
254,267
(2,176)
254,267
Previous year:
At 5 April 2022
Ineomlng
resourtes
Resources At 4 Aprll 2023
expended
General unrestri¢led
2,176
2,176
12-

DESIGNEIiMAKERS C
NOTES TO THE FtNANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDE
14 Unreslrleted funds
The unresirieied funds ofthe charily coniprise ibe unexpended balances of donalions and granls which are nol Subject to
sp¢¢ifi¢ condilion5 by donors and Branlors as lo how they may be used. These in¢lud¢ d¢5ignal¢d funds which have been
sel aside oul of unreslncled funds by the Iruslees for specific purposes.
At S Aprll 2023
Incomlng
reJour¢¢s
Resources At 4 Aprll 2024
expended
GeneTal fund5
13,073
65,662
(36,074)
42,661
Prevlous yeAr:
At S Aprll 2022
Ineomlng
r¢sovr¢es
Resources At 4 Aprll 2023
expended
General funds
12,708
20.474
(20,109)
13,073
Analy81s of net wsyet5 between funds
Unrejtrlcted
funds
2024
Restrlcted
funds
2024
Total
2024
At 4 Aprll 2024:
Tangible assets
Current asselsl(liabililics)
3,955
38,706
254.267
258,222
38,706
42,661
254,267
296,928
Vnrestricted
funds
2023
Restrieted
funds
2023
TotAI
2023
At 4 Aprll 2023:
Curreni asselsl{liabililies)
13,073
2,176
15,249
13,073
2,176
15,249
16 Related party trAnsa¢tlons
There were no disclosable related party transactions during the year {2023 - none).
13-