CIO Registered Number: 1170745 PERFORMING ROOM ANNUAL REPORT AND FINANCIAL STATEMENTS FOR YEAR ENDING 31 MARCH 2024
PERFORMING ROOM INDEX Page Legal and Administrative Information Annual Report of the Trustees 2-11 Independent Examiners Report 12 Statemenl of Financial Activities 13 Balance Sheet 14 Accounting Policies 15 Notes to the Accounts 16-18
PERFORMING ROOM ANNUAL REPORT FOR THE YEAR ENDING 31st MARCH 2024 LEGAL AND ADMINISTRATIVE INFORMATION CIO Registered Number: 1170745 (founded 14 Dec 2016; governing Constitution amended 7 June 2020) Governing Document: Constitution Registered Office: Apartment 4, Bloomsbury House, 27 Guildhall Road Northampton NN11AG Director8 and Trustees Alan Bates, Moira Afford, Annie McGann Bankers: Roy81 Bank of Scotland Independent Examiner: Br8nda Peers-Ross, 29 Drift Road, Selsey, West Sussex, P020 OPW Executive summary As Chairman of Performing Room, l am proud to reflecl on an extraordinary year of achievement and growth for our charity and share highlights from a transfomatNe year. Our charity has made remarkable slrides in engaging the community, empowering individuals, and fostering creativity through music. In 2024, we expanded our reach, transformed lives through music, continued our fantastic heritage projects including VR, and solidified our role as a cornerstone of creativity and well-being in our community. Key Highlights Transformative Projects and Initiative8 Ourflagship project, Making Music Making Friends, funded by the National Lottery, exemplifies our mission to engage, inspire, and empower. Through group singing, music production, live sound engineering, and instrument maintenance, stsff and volunteers have shared their expertise, helping beneficiaries develop creative ambitions as music producers and performers. Events and Workshops This year, we organized and participated in 21 impactful music events and festivals, including-
student music showcases and mental health-focused wort(shops. Public engagement initiatives like the 'ng5 Coronation and Northampton Music Festival. Inclusion-driven events such as Rockin, Roadrunner. Open heritage days sharing our unique heritage using VR to nearly 1,000 members of the general public. This included working with Open Herilage and West Northants Council to host 55 open heritage days. Our events collectively reached approximately 1000 individuals. fostering creativity, inclusion, heritage, and personal growth. Infrastructura and Volunteer Contributions Renovated derelict spaces into cutting-edge music and rnultithedia studios. Contributed over 10,000 voluntary hours to workshops, events, and renovations. Staff and volunleers offered invaluable support, drawing on their lived experiencès to provide empathy-based counseling and guidance. Community Imp8¢t We collaborated with a wlde range of educational, health, heritage, and arts organizations, solidifying our reputation for delivering meaningful, high-quality programs. Testimonials from beneficiaries and volunteers underscore the profound impact of our work. One volunteer stated, °Now that l am seeing my pe8rs using skills that I have t8ught them, I have begun to feel fulfillment and validation in w8yS that I h8v6n't ever done before." Vlslon for tho Future Looking ahead to 2025, Performing Room is poised for further growth and impact. Our opeiational plan focuses on: Expanding well-being, education, volunteering, and employment opportunities. Building new partnerships to support immediate and long-term communty needs. Continuing to inspire creativity and connection through an even busier hedule of events and workshops. Call to Action We cannot achieve this vision alone. l invite partners, funders, and Gommunity members to join us this journey. Together, we can.. Reach more beneficiaries.
Enhance our facilities and programs. Create a brighter, more inclusive future through the power of music. Closing Thoughts Performing Room's achievements in 2024 are a testament to the dedication of our staff, volunteers. and partners. As we move fonvard, l am confident that our commitment to transforming lives through music will continue to grow, Thank you for supporting our mission to build a healthier, happier, and more connected community. Sincerely, Alan Bates Chairman, Performing Room Client baseltarget audience Children, young people (CYP), and adults with complex rnental heallh conditions and those struggling to fit in with mainstream education. Approximately 65 % of our client beneficiaries are CYP aged 5-25 experiencing autistic spectrum disorders, schizophrenia, learning disabilities, ADHD, OCD, PTSD, domestic abuse, anxiety and eating disorders, speechlreading andlor hearing impairments, depression and social isolation; 20 /0 are adults aged 2540 with the same conditions and 15 % are people aged over 40. Northamptonshire has the highest pr8val8nce of diagnosed depression in England, 38% higher th8n the national average, and Hospital admissions for severe mental health issues gr88tly exce8d the national 8V8rage too with massiv8 waiting lists of referrals for tr88tment. CYP fmm Black, Asian and minority ethnic communities are often disproportionately 8ffected. Children and Young People - main target clientele We particularly target and take referrals for CYP who are 'not in Education, Employment or Training (NEET), living in care orwith parents dealing with substance-abuse, electively home- schooled, identified as having intellectual disabilities (SEND), being physically challenged, and those from low-incorne households andlor who have lrttle or no opportunities to engage in creative activities and opportunities through not having ICT equipment accessible to them and home environments conducive to engaging in musical, artistic and cultural artistic creativity. These CYP are often vulnerable and lonely individuals, disconnected even isolated from their communities and wider society, and consequentially at risk of being groomed and lured into involvement in criminal activity. Often living in areas of the town with poor unemployment rates, l Northamptonshlre County Council- 2016 data/sourceP
their life expectancy outcomes are significantly poorer than average, and they are at much higher risk of suicide. These issues have been exacerbated by the impact of the pandemic and its aftemiath and dealing with the complex and often demanding needs involved is immensely costly for the NHS and negatively impactful on the economy. | Client outputs and benefit outcomes [1] Pastoral care and mentorship. Providing individual 1..1 support to identify a client's unique needs. set personalised goals and action plans andlor refer them to other specialist providers (e.g. mental health counsellors) iflas necessary. [2] Mu8ic workshops and events. Offering a range of creative, open access, music rnaking workshops and events for people of all ages, abilities and backgraunds meeting the client target criteria, CYP prirnarily, to engage with and benefit from participation in music within a highly supportive and inclusive environment. | Our flagship pmiect 'Making Music Making Friends, is a free twice-weekly afternoon activity. P8rticipants splti up into gmups to leam to play music with different instruments, sing, write lyrics and songs, leam digital and media production skills, and rehearse for live public perfonnance 8t local events 8nd festivals across Northamptonshire and the East Midlands The teaching is highly int8laCtIV8 8nd delib8r8tely engaging using graphic content, videos, in- P8rson tactile demonstrations, and game-like paths for progression 8nd engag8ment in tasks with a range of levels of diffiGuIty. The inherently ther8peutic, mood4nh8ncing and socialising benefits of these activities have been w811 documented [3] Cultural herltage resource development. Engaging the client base in developing multimedia resources celebrating the town's historic built and wider cultural heritsge. Creation of original and imaginative multimedia content involving clients. working in groups and individually, and its promotion, distribution and delivery to local audiences through performance, standing exhibitions, and digitsl platforms and social media using leading edge interactive graphic content. Participants engaged with physical 8nd t8ngible artefacts and archive evidence including old photographs," and creatively res8ahed, recorded, filmed, produced and edited original multimedia content relating to the heritage of the Charity's premises 8nd its setting within the town. This h8s created material exhibited publicly to wide visiting audiences using standing physical displays and interactive digit81 r8sources. [4] Developing other projects that directly meet and address clients, needs Benefit Outcomes.. educational and health benefits,. development of marketable skills that improve individual potential and employability" increased creativity, personal expression, motivation, confidence and feeling of self-worth,. greater happiness and interpersonal potential
for symbiotic working with group dynamics and social interactions,. and, more generally, greater inclusivity, diversity and equality of opportunity; cross-cutting partnership working. community engagement The Charity's work is recognised as having a deep and transformative impact on the individual lives of its clients and their interactions and relationships Wlth their families. communities and wider society. Richard, who has lived with paranoid schizophrenia for 11 years, since the age of 17, .1 now feel I can finally play 8 part in the society th8t I have been isolated from for so many years". Robin, who lives with long-term poor mental health and learning disabilities, 'Robin h8S benefited fmm being 8 member since he joined. The love 8nd the energy shines through. It has considerably helped his ment81 h881th, and he s made some lovely new friends. It's mind- blowing the diffeTrnce I can now se8 in him compared to how low he felt a few months ago. He wouldn't dare talk to anyone. Now he W8Jcomes members of the general public, takes them on heritage tours of the building, and is a keyboard player of 8 new music band. Its astonishing.l And so inspiring to see these young people come together, enjoy life and feel so happy. I have my son back thanks to Perfomiing Room. He has qulte lit8r811y bounced back from an abyss, which, in moments, I fe8rpd he wouldn't escape from" Monitoring and evaluatlon of outputs and outcomes -weekly vertJ81 feedback, written suNeys. r8POrts - engaging participants, partners, public Participant feedback data 98 % report feeling an improved sense of overall well-being. 950/0 report a rise in music skills development. 960/0 report feeling lass lonely and isolated and more connected to the neighbourhood, 940/0 r8POrt made new friends. Cost offoctlvenoss. The average cost per CYP client at Perfom7ing Room is £1,000 each year (attending one day each week) Governance & Management There is a Management Committee of 9 Executive Membern that works with (currently) 3 Trustees and include5 a Chalrper80n, Tr8asurer and Secretary. All have direct 'lived' experience of rnental health issues. The Executive Members are elected by a notice in writing. The Trustees are elected by the Executive Members of the Management Committee and appointed at an AGM. Trained and supported in their work, they serve on a rolling rotational basis and can be reappointed as vacancies arise. There is one full-time salaried Executive Member, Janan Fffield, who is responsible for managing the day-to-day running of the charity. Founder of the Charity. he also serves as its ongoing Project Coordinator and its named estatelland leaseholder.
The Trustee8 and Managemont Committee meet every 3 months, and the Project Coordinator reports to them on tho Charity's activities and finances. The Charity is also assisted by the following A Core Stsff Toam of 6 creative practitioners including musicians specializing in songwriting, DJ-ing, playing instruments and singing, music production; and mublirnedia digital cieation. Spoclall8t Team8 concerned with Fundraising and Philanthropy. 4 part-time music freelance facilitators. A team of volunteers comprising people with skills in musicianship, teaching, youth work, caring, administration, ICT, fundraising, hospitalty. and building maintenance. Sorne have associations with local business contacts; olhers work in mentoring and facilitation of training and mentoring and include people who are former project participants. • 1000 Members Partnor bod1 and agenclos Public Sector West Northamptonshire Council - Children and Youth Service Northampton University Northampton College Northamptonshire Childcare Trust SEND Schools NHS - St Andrew's Healthcare, Berry¥vood Hospital Police Community Engagement. Third Sector Charities and TruBts NAYC - National Association of Youth Clubs Northamptonshire Youth Offending Service, MIND Northampton Northampton Music Festival Rockin, Roadrunn8r Festival for young people with special needs JH Oarpel Community Support Overstone Park 'Cultural organizations, Sports4Fitness CIC Duke of Edinburgh's Award Scheme Royal and Derngate Theatre Cherwell Theatr8 History and heritage groups
Art galleries Specialist behaviour and disability schools Private Sector Global Philanthropic | Premises and operational resources 9 Guildhall Road - a four-storey building comprising 18 usable rooms. Tenure- leasehold, 25 year lease from 2019 wtth 5 year break clauses Situated at the heart of Northampton's Cultural Quarter, 9 Guildhall Road (originally built in 1872 as Franklin's Hot81 and Restaurant, a meeting point for merchants and travellers taking advantage of the newly constructed St. John's Street Railway Station) is registered as a historic site with National Heritage Open Days and West Northamptonshire Council. Equipment ~ An inventory Set out a measuredlquantified summation of the ICT and technical resources available. Performance Report [1] Existing (pre 2023124) achievement [2] 2023124 - year of report - Outputs and Outcomes Capaclty of premi508 Number of usable rooms (total available, 18) 2022123 {6) 2023124 (9. 50QA of total capacity) 2024125 (12,, 750/0 objective) Equipment- technical capacity and 'offer' [for uselhire] Human Resources Member numbers - 1000 Part lime Staff - 4 Volunteers - 52 2023124 - 52 (20 regular" 14 newladditional including several Member and former project participants) 2024/25- 65 target 2025r26 - 80 taet
20267 - 100 target Volunteers - hours of support 100-300 hours of support each week. Engagementlimpact [1] Client engagement data - generic Numbers of Project participants - direct engagement 2022123- 1087 2023124 -1676 2024125 target 2000 2025126 target 3000 2026127 target 4000 Indirect engageMen1MPaCt- 2024125 - 15000 young people as viewers and listeners from hosting ev8nts, streaming events, social media. Our work has an even wider impact reaching thousands more famity members, friends, local residents, performers and employers. Duration of particlpatlon and engagement 'h stayinglengaging for up to 3 years - 510/0 /0 Stayinglengaging over 5 years - 180/c* Achievement of training and worklemployment outcornes 51 Vo (more than 150h enter the creative and recreational sector) Demand and raforral data waiting list- sizelquants'ty (at year endls). partner referrals - by monthlyear., open shortfall in meeting demand through Simited Capacity. Cost effectlveness [averag8] 8nnual participant cost (attending one day each week) [2] Project specific MMMF - participation 2022123 (105 pcm)
2023124 (150 pcm) Heritage project Public availability of building and exhibitions (digitavstatic) every Saturday from 10.308m- 5pm. 2023124 (50 pcm) [3] Community reciprocity. relationships and engagement developing volunteer training opportunities and targeting support serrfices to train more beneficiaries, with the goal of including them in our future workforce. Eight now serve as senior Gontacts. Benefitslimpacts on families of client participants.. .communities and wider society [3] Future plans [post 2023124] FINANCIAL STATEMENT Revenue iiiLome sources [1] Core funding West Northamptonshire Council NHS associated referral income Stream through beneficiary membership [2] Commercial income streams Hiring available space, facilities and equipment Membership [3] GranVproject- supplomentary time limitod 8UPPOrt Garfield Weston Foundation and Arts Council England (secuTrd 2022) increas8d premises capacity for clients National Heritage Lottery Fund [Heritage project ] Rank Foundation - grant [supplemental] RankNet community memb8rship, 8 Cost of Living Core Grants programm8 Backstage Trust - fundraising feasibility study. securing "P8rfomiing Room now has a compelling c8S8 for support and this has levered funding from some of the bigg8St, most prestigious funders in the UK - Garfi8ld Weston Foundation. Arts Council England and the Nation81 Lottery Heritage Fund. Janan Fifield, CEO, is recognised
as an inspirational and passionate le8der. However, in order to maximise impact, it is essential to priontise and increase the tim8 spent on developing networks 8nd partnerships, inGreasing | visibility. developing funding latIOnShipS and stewarding donors.. Feaslblllty Study, Global Philanthropic | Revenue expenditure Premises - rent, insurance, and running costs (heating, lighting, water and provision of washroomltoilet facility. cleaning materials) Electrical equipment (ICTlmusic production) - ongoing maintenance and repair staffing costs Volunteer costs including travel, food and drink/refreshments charity1ser1C8 user costs, food and drinklrefreshments | Overview and Reserves Policy Year Income Expenditure Balance Not8S 2023124 106786 96708 10078 2024125 [117200] [117200] Forecast In the financial years 2021122 and 2022123 it was deliberate policy to use the Charity's reserves to fund the cost of moving into our current premises and carrying out essential repair work, supported largely with th8 SUPPOrt of volunteers. We also had to accept increased inflationary pressures on financing our operations and our account8 for these years therefore showed a planned operating deficit in our in-year income and expenditure In 2023124 we had an outturn credit balance of £10078 in income over expenditure which was used to restore a Reserve capable of funding two months of operating costs. The aim over the financial years following 2024125 (during which we are forecasting a breakeven budget outturn) is to increase the reserve as a safety buffer sufficient to cover at least three - six months of running costs. | Capital programme Continued refurbishmentlrefitting the rooms within the homa prernises as part of the development of additional capacitylspace for use by the Charity and commercial income realisationlopportunities Equipment of those rooms with the appropriate rnusicldigital and ICT,, and sound proofing them effectively
ACssIbl11ty improvements- absence of current working lift Updating the heating infrastructure | strategic Issues Meeting and managing identified pressures Challenge of meeting increasedlinflationary costs of expenditure elements (such as energy and materials costs) and volumetric increase in same linked to greater number of events and client participants Continuing need to renovate and refurbish more rooms and equip them with furniture and ICTlmusic production equipment, improve the internal accessibility of the building and its heating inffastructure (capital improvements) Dependence and over reliance on limited core staffing complement - need to increase size of staff capacity and its resilience Renegotiation of current 25 year lease, the 5 year break clauses of which inhibitlpreGlude Ihe progression of pursuing major capital grant applications which are fundamental to the development and expansion of the Charity's capacity and impact Pursuing option8 and opportuniti08 Realising the potentialities of the Charty'8 'case' for support given the increasing recognition and prioritisation of mental health issues involving CYP Establishing a better balance of core partner, granuphilanthropic, and commercial business income streams that supports the growth and scaling up of activities Working with Global Philanthropic, an external fundraising agency, in developing a fundraising strategy and delivery plan taking advantage of the work of the Feasibility Study in identifying prospective partner trusts and foundations and the opportunities arising from association with the Rank Net community. Continued reviewlexploration of social finance andlor alternative funding models involving philanthropic, corporate pro bono, commercial partnerships and matched appeal mechanisms as ways of diversifying our income streams and achieving stsbility and sustsinability. Developing associations with powerful and influential pm bono advocate partners and agents, and prospective donors. Realising new commercial business revenue income streams through for hiring out space and facilities for rehearsalslrecording and corporate entertaining Creating a business manager role to provide capacity and support in financial management, developing a newly expanded Board and new commercial models, communications and PR campaigning, managing the team of volunteers and events. Presented and approved by the board of trustees on 29th January 2025 and signed on their behalf. Annie McGann Trustee
Brenda Peers-Ro83 29 Drift Road Sglsey Chichester West Sussex P020 OPW Independent Examlner's Report to the Trustsas of: PERFORMING ROOM Reglsternd Charltabl• Incorporated Organisatlon (CIO) Numb•r: 1170745 Page 12 I report on the accounts of the company for the year ended 3181 March 2024, which are set out on the attached Statement of Financial Activities and Balance Sheet on pages 13 to16. RpeCtiVe respon8lblliti08 of trustses and examlner The trustees are responsible for the preparation of the accounts. The truslees consider that an audit is nol required for this year under section 144 of the Charities Act 2011 (the Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject lo an audit under charity law and is elwJible for independent examination, it is my responsibility to: examine Ihe account5 under section 145{1) of the Act.. follow th8 procedures lald down In the general Directions given by the Charty Commission (under sectlon 145(5)(b) of the Act, as amended; and state whether particular matters have come to my attention. 8a8ig of Independent examiner'8 Statsm•nt My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includ88 a review of the accounts'ng records kept by the charty and a comparison of the accounts presented with those records. It also includes consKleration of any unusual items or disclosures of the accounts and seeking explanations from you as trustaes concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as lo whether the accoun18 present a 'true and fair view" and the report is limited to those matters set out in the statement below. Independent Examiner's statsment In connection wrth my examination. no matter has come to my attention,. which gives me reasonable cause to believe that in any material respect. the requirements: to keep accountlng records in accordan¢x with the Charitie8 Act 2011,. and to prepare accounts which aGcord with the accounting records, comply with th6 accounting requirements of the Charities Act 2011 and with the methods and principles of the Statement of Recommended Practice: Accounling and Reporting by Charities. have not been met,, or to which, in my opinion, attenlion should be drawn in order to enable a proper understanding of the accounts to be reached. Brenda Peers-Ross FMAAT, ACIE 31st January 2025
PERFORMING ROOM (A RegistwEd CIO No. 1170745) Page 43 STATEMEMT OF FINAMCIAL AcfMTIES FOR THE YEAR ENDED 31 I14RCH 2024 Restated Re•tstod R•statsd Total Unr•stricled Rtr1¢tod Total 2024 2023 Nots• Unr••trlet•d R•strlcted Inconie From: Donalions 8nd Lggacras Charitablé Acllvhlas Inveslmpnt Inc>Jme- intsro8t Olher Incorne 2,608 15.C¥JO 8,349 11,500 8.349 59.299 47,413 82,413 47.799 20.727 38,335 2Q,727 85,748 19,229 3g,07B 19,229 86,877 47.413 47.79 xp•ns•s on: Ralsing Funds ChJr6tabl• acllvltla• Project ccOrdinaior Music co-ordlnattsr Multl Medla proj&ct woyk¢r . Volunteer5 expen806 TrF&vel Slationerylprinting Posiaga T818phone8. Intemet W8bsilè, IT ètc. Rèfreshments Equlpmènt and yoporty Induding rep8ir¥ & rnainlenArnrA - Transport. fiJo1 •tc. Heat, light WOt•r, rat• Cleaning Maleria18 Music equipment Sundri88 M8rk&ting, publlety Bank charuè8 Crtdrt card and other ¢harg•s Local Giving chary88 Publications, Sub8CriPtI'ons Npw Buildin9 matsdals olc arm System Ront Even18 Gov•rnanc• Co•ts InsuFanc& Profgsswal foas Indepèndqnt Examlnalthi Trustees fjXPBn - DepreCItion Tot41 Re•ouffv• Exp•ndod S.970 5.970 5,517 15,000 20,517 7,749 7,117 7.749 7,117 4,272 8,020 5,036 8,020 485 1.292 425 114 1,794 61 59 28 1,375 2,219 175 118 28 2.173 1.405 2,804 746 83 13ts 17 506 207 17 187 1,892 557 4,971 2,077 3,278 ?.487 16 1,998 823 243 7,780 535 115 290 348 180 67 1,980 42 2,762 876 2,007 3.437 7.082 50 1,180 1,509 754 324 3,150 2,782 73 138 531 316 7.898 1.151 1,470 29 100 115 300 3,158 18D S7 1,907 423 612 480 2,619 52 2,032 13,922 1,(4 13.896 27,818 29,743 314 10,700 40,443 314 160 823 739 323 2,017 323 2,017 600 4,710 923 42.351 5,833 4.710 63.861 923 47,869 5.833 111.730 Net m0mOThl ol fundN Transfer b8tt4wn fvnds Re¢onclllatlon of Ftst)d• Total fund$ brougtht forwaTd 1st A.1 2023 {2.7931 (211 5,LB2 2.269 21 124,7831 {961} 170) <24,853) {5.0701 6,148 1.078 20,874 5,257 25,931 8alan¢e •t 31 March 2024 7.JB4) 11,231 15,070 6,148 1,078 All ol IhE adiv11 oflh8 charTtabl8 conpany arE da35ed as rnfttinulng. Thorg are no re919ed gpinp Dr losses olhorthAn those included in Ihe Statement pf Financtal ACtlbS shown abovo.
PERFORMING ROOM (A CIO Numtw: 1 f707451 Page 14 BAL4NCE SHEET A8 AT 31 MARCH 2024 company Numbèr. Restated un•trICtEd ReBtricted Total Unre8trb¢t•d R•8trlct•d 2024 4788886 Total 2023 FId A#s•ts 9,672 231 9,903 14,382 1,154 15,$36 CuThentA•¥ets 08blor8 Cash at bank and in ttand 2,322 {2.3221 11.OOD 11,000 8,878 8,878 4,201 14,2011 4,994 Credltor4 Arnounts falllng du thin one year F?Ilirry due aftgr one ygar (5,4S21 .772 (15.2341 (5,4621 9.772 {15,2341 14.3951 10,856 (15,2511 14,3951 (15.2S11 Not CuTr•nt A•••ts 17,556 11.lYJU 6.6S6 19,452 14,46B NET A88ET8 5.070 6,148 1.078 Unro•trlct•d RMtrl¢ted Total 2024 Unre•tricts¢l Reg¢rFGt•d T¢)tsl 2023 FUND8 Unroslricted funds Ro8trictod (7,8841 (7,8841 11.231 {5,0701 <5,070) 6,148 6.148 .070 For the 318t Ma(¢ 2024. t CIO WBS anti ts) •xamptiDn from audit tru8tew acknowg¢ thw'rr•sponsibHW for lil have not roquir•d th• charfly thain audil of a¢¢ounty for the r in quejlon ITr acojnjancè wilh 478. lal Iho tN$t••s acknowdge their fOBponsibMth for complying wilh lh• rwulr•m•nli ol Actllh r•sp•ct to cUn9 rdS Bnd th8 prgparation ef 4¢¢oufits. (1111 Ih8$• accoumj hav• Prepared In Bcc4vdance the apabi8 10 Lantl. Th8 accounls haw boBn pwr•d in a¢cord&n¢owth Ihe Spe81 provrdions relahng te ng11 th?ritBs *ithin Iha Charrb06 P£t 2011. ApprovBII by the tru8lee$ at a comrnrttèts Mling held on 291h JanLHry 2 and si9Trod on thelr boha • /./4 Annle McGann TnJst88 Th8 not85 on pages 16 to16 fowm part oflh858 finarKial stgtem8nt8.
PERFORMING ROOM IA CIO Number.. 11707451 Page 15 PRINCIPAL ACCOUNTING POLICIES FQR THE YEAR ENOED 31 AiARCH 2024 A¢countir•g Poll¢l•$ Th¢ financial Statements of the CIO, whlch 1$ a public benefit entity undw FRS 102. have been prepared underthe histor1 cost ¢onvenlion and in 8ccord&n¢e with the Charites Act and Ihe Stslement of R8commèndod Pfacaice SORP IFRS 1021 issued Charilies ACtad tho Statèment of ReLy)mrMendtd Practice SORP {FRS 1021 r¥wed on 1st O¢lobpJr 2019, opplicabla UK AeLounting Sl•nd8rds and th& Ch&riti•s A¢1 2011. Fomwt The charlly has taken gdvantage ol the provision6 ol the C8ri1ies Act 2012 and pr8s8ntsd 8n incorne and eypenditure oeuJunt$ in the lorm of & Stalm8nt of Finandal Aciivilies on thè ground$ thAt19 •nAbt8$ th8 finan&al statements to Show 8 true end fair view tsf Ihe 811 lor the y¢#r. Fund •¢¢ounting General fvnds are unrejlricted fvnd5 vknich am avallable for use at the discrBticn of the Iru$l886 thfj fvrthèranea of tho gene1 objectives of the charity whi¢h have not btsen d6Éignat8d for olher purpo8. Dosignate(l thjndt compris6 unre8tricted fund$ that ha¥9 been set pskl• by the trustee¥ for parti19r proposed. Thg sim of ch designated fvnd6 15 sat out In the notes to the hn8n(X81 st8temenl$. Restri¢t8d fvnds 8f8 lunds which are to be used in a¢cordanc8 1 8P8cafic wtriction8 Imp08ed by the th)nor¥. or vthich hav• begn rals•d by th• tharily for prtlcular purpo8eg. Incomlng All incoming resour$ are Indud•d In tho SOFA vthen Ihe chadty l¥ legalty enliyed to the incom¢ 8nd the omouni can b8 quantithed wlih rn4$onabl8 4txuracy. Grants 8re broughl into a¢c&unt on a rncNabfe basls. Deferred income represents amount8 roC4ived lor futuro pertod8 arKI is released lo incomlny r88ourw In th8 pèrtij for whlch rf h&s b88n r4ved. R•8ourc•• oxpgndgd All •xpendilur¥ 1$ accounted lor on an ru818 ba81$ ond ho8 been d888ified uTrJer headingB that tho rAlogw. Expendltura 1$ 81ated inclusive of valvo 8Oded lax. Tanglble fixvd a••tts •nd d•pr•¢I¢) Depwiolion is ¢alculat¢d lo vKitè down the cost ol all tangibl• fixed as$ots by IAÈthimeni8 over aogregaie all relai•d lo the expecied usafvl liv¢s. Thg pertod generally 8pplicoble are.. Fixed asBet$ 16Qh slraight Ilne m¢lhod Intsnglblè Ineom• Intangible income, In th8 form of donated facilities and vduntsry holp at¢., is not included In il is not eon9idernd procJc9ble io qUanty such Income. 1109•r4 The curyenl reSee pollcy 56 to mainl8ln sufflci8nt cash flow for known cornmllments, And th8 replacomanl of cert•ln J$¥els. Not 311 arants are received at Ihg beginning of the finan(ial year olh¢r¥ are teceivod in arr&8rs. Rlsk The trustees do not belie¥e the org8nisHtion is gubl¢ct to any sub51anllyl risk bpyorKI Ihose disclosed in the Annual Report ¥nd A¢¢ounls. The organisation has public liability in¥Ufanre to protect li in the se of a claim.
PERFORMING ROOM (A CIO Nurnber.. 11707451 P•g• 16 MOTES TO THE AccovKrs Unregtrtctsd Rtr1¢tr Totsl Un 2024 ct•d RMtrlctgd Total 2023 I Ch•ritsbl¢ A¢tiv¥ti Grnnts Baltey Foundation Ganleld Weyton FOundatn Nalional Lottery Heiita9e Fund Art5 Council England 88cast9 Trusi Page Fund R8nk WNC Awards ForAII 3,0 3.000 10,000 7.497 13,302 15,000 2.000 12.lJ)O 7.447 1,478 12,000 7,447 1,478 io,rA)O 7.497 13,302 15,C4JO 18.5) 16,5 15.oc IS,OLNJ 8,5QKI 9.988 47,413 15.1JJ) 62.413 11.5(Kl 47,799 59,299 2 Olher In¢om¢ MusiG workshop Other Inccma- membership Room hlre 8,819 11.958 1.950 20.727 6,819 11,958 5.705 10,287 5.705 10.287 2a.727 19,229 19,229 3 Tru•t•e• And Ernplaym•nt co•ts Gross salari89 Tre are nc• •rnpkny•81. During th8 year the Iru8teeB receivèd £nll In rgmun•rats'on. 12023,. £nlD The IDt81 wxpendilure rMburBed lo tru81eeB amounlod to Enll. (2023.. £nil)
PERFORMING RCK)M (A CIO Numbor.. 11707451 Pa9e 17 NOTES TO THE ACCOUNTS 4 Flxgd As••ts Unrpgtrlctod Ro•trlct•d Total Unr•8trICt Re•triclgd 2024 Total 2023 CoNt A5 at 1 April 2023 Athlition8 In thé year AS At 31 MMr¢h 2024 29.437 5,769 35,2C 29,437 5,769 35.206 29,437 5.769 35,206 29,437 5.769 3$,206 D•prnCilQTh At 1 April 2023 ChaTgo in yèar Al 31 MarGh 2024 15,055 4,710 19,765 4.615 923 4538 19.670 5,833 25,303 10,345 4,710 15,055 3,692 g23 4,615 14,037 5,633 19,870 Book Value At 31 March 2024 9.903 At 31 IAarth 2023 15.536 UnR•trt¢tsd RMtrlct•d Total Unre8trlct•d fttriCted 2024 Tot41 2023 5 Debtorn Other Pr&payrnwl8 Cf•dltorn .Amounts hlllng du• wlthln one yeqr Unr••trJct•d R••trlct•d Tptal Unr••trlct•d 11o•lri¢lpd 2024 Tot*1 2023 Sundry cr•dttw6 12,752) 2.700 {2,7621 12.890 1,50 4,3951 (2.8901 1,505 Creditorn - Amounts f•llln9 du• #ftor one yoar Unr•gtrletsd R•¥trlcted Totsl Unr•8trl¢tod Rg•triGtsd 2024 Total 2023 Loan 2023 Loan 2024 12.7011 7,070 9,r12 12,7021 ,070 14,7221 6.134 10,856 (4.7221 6,134 10,856
PERFORMING ROOM (A CIQ Nurnber.. 1170745) Paa• 18 NOTES TO THE ACCOUNTS Opening Transfer 841onc* Movement Movement l)ètr49en 2023 Out fund• 8dan¢o 2024 7 Unrntylrtcted Rwpr¥es Fixed A88ets Unr¢strict8d 14,382 19,452 B.OTO {4,710) 36.418 41,128 9,672 17.556 38.335 38.335 21 21 Op•nlng ¥ai•nce Awvem•flt Do0&n 2023 Out lunds Esaianc• 2024 B Re¥trf¢ted Fun A88el donalign 1,154 19231 231 Arts Counctl grant Garfield W6swn Garfield Weston National Lottrfy Herrtag? Fund Rank Rank 1 Awards tor All 1,034 2,51S 1,478 12,512) (2,5151 11,fy)01 18,9131 113,0771 13,4231 19,968 42.3S1 12,000 7,447 12,500 11.C 1.445 21 577 1577) 9,988 21 11,231 As8ot dMation- cawlali¥ed to be ¢Jepreaaled each year. Art8 Council England- contn'bution towards salarie8. mu8ic18aderfv•s, and utl1ll. Garfietd We¥tgn FDund8t50n - a oJntribLthn tOwd8. renl. LrtilitiPB. intemel, accountancy and In8uran¢4. National Lottery Heritage Fund - lo provtde multIme4J workor, rnuc leader and conlrit)uUon low•rd8 ronl, refreahrnI9. ' Rank FoundalpJn- contn'bution toward8 CrB runn1ng cosiB. Awarfs for All - fundo lryrtardB 8lafflng, volunt•or6 pOnse8, equlpnwnl and v•nue hlr•, and running cogtj. Ultlrnato Controlling Party The charity is under Iho LI'mat9 control of its tNBlees, who3e nymeb arg ghowm at the Iront of the finanaal Btqtemenl8.