Charity number: 1172706 ACCESS ALL AREAS UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ACCESS ALL AREAS CONTENTS Page Referenca and Admlnlstratlve Detalls of the Charftable Incorporated Organlsatlon. It8 Trustees and Advlsers TNstee8' Report Trustees. Re8pon8lbllltles Slatern•nt Independent Examlnerfs Report Statemont of Flnanclal A¢tlvltles 10- 11 12 Balance Sheet 13 Statement of Cash Flow8 14 Notes to thg Flnancial Staternents 15-31
ACCESS ALL AREAS REFERENCE AND ADMINISTRATNE DAlLs OF THE CHARITABLE INCORPORATED ORGANISATION, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Sarah Pickthall, Cfrchair of Trustee5 Alison Small Samantha Palk John Fuller Himanshu Acharya Charlene Saller, Co-chair of Trustees Charlotte Bennett Michaela Butter Paul Christian, Deputy Chalr of Trustees Charity registered number 1172706 Princlpal office Bradbury Studios 138 Kingsland Road London E2 8DY Key management personnel Nlck Llewellyn, Co£EO: Artistlc Director Patrick Collier, CO-CEO: Executlve Dlrector Accountants Streets Chartered Accountants Enterprise House, 38 Tyndall Court Commerce Road, Lynch Wood Peterborough Cambridgeshire PE2 6LR Bankers The Co-operative Bank P.0. Box . Delf Hous8 Southway Skelmersdale WN86WT Page 1
ACCESS ALL AREAS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report logether wlth the financial statements of the Charltable Incorporated Organisation for the year 1 April 2024 to 31 March 2025. The Trustees have adopted th8 provisions of the Statement of Recommended Practi ISORP) "Accounting and Reporting by Charities" IFRS 1021 in preparing the annual report and financial statements of the charity. Objectives and actlvlties Pollcl•s and obJectlve8 In setting our ObjectlV8s and Activities the Trustees hav8 given due consideration to general guidance published by the Charity Commlssion r81atlng to publlc benefit, Including the guldanc8 'Publlc benefit- running a charlty {PB2)'. The Trustees sum up Access All Areas, charitable purposes, as defined in our Constitution, as.. For the public benefit to advance the education of people wlth leaming disabilitles and of the gener81 public about the lives of people with learning disabilities in particular, but not exclusively, through the promotion of the arts of drama, performing arts and related activitie5, and by working with people with learning disabililies to develop their life skllls. improve their quality of Ilfe and enlighten audiences. b. About our work AC$S All Areas makes award-winning, disruptive performance by learnlng disabled and autistic artists. Our productions create intimate moments of interaction between performers and public, occupying unexpected spaces In venues, on the streets, online, and in public buildings. As well as making shows, our company of Associate Artists works to make our culture more inclusive for learning disabled and autistic talent. We engage communities, train artists of the future, and work closèly with TV, film, and theatre companies to make their work and workplaces more aCsSible. We've d8velop8d a programme of work that challenges 8xclusion at every lev81 of our culture. All our work, from productions, to consultancy, to creative workshops, Is COThled by Access Al Areas, learning dlsabled and autistlc artists, ensuring lived experience drlves eVehIng we do. Page 2
ACCESS ALL AREAS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance a. Maln achlevements of the Charltable Incorporated Organisation Access All Areas continues to grow our national and international reputstion as leaders in inclusive culture. During this year, we've worked with partners around Ihe UK to increase employment opportunities in the crèative industriés for leaming disabled and autistic people. We've trained companies in accessible practice, trained learning disabled and autistlc creatives to lead in their fields and created new opportunities for learning disabled people to get creative in our communities. We also created new productions and produced "A Small Enclosed Room with Alfie Murphy. by Associate Artist Clan Binchy, cocreated with Shaun Dunne and Leah Moore, whlch was developed and trialled at The Lowry In 2024 and premiered at Soho theatre in May 2025. This year, we developed and toured 5 Access All Areas productlons or coproductions, ran 17 performances, reached 1330 live audience, continued to develop our new slrand of digitsl content, trained 1332 arts and medla staff, engaged 427 learning disabled or autistic participants. trained 13 learning disabled or autlstic students, generated 867 days of work for learning disabled and autistic artists, and ran 1436 workshops and activity sessions through the year (an average of 5.5 every working dayl). Here are some of the highlights. across our 4 focus areas. 1. We Create We make shows. Live. digitsl, onstage, offstage, backstage, Vlrtual reality, TV. film, in our public buildings and in your streets. First and foremost, we're a company of artists with stories to tell. All our work Is cocreated from the lived experience of learning disabled and autistic artists. This year, we developed "A Small Enclosed Room with Alfie Murphy, which was trialled at partner venue The Lowry, Salford, and will go on to a premiere at Soho Theatre In May 2025. Cr5tics and audiences were delighted by the show's trial run, describing it as 'invenlive, moving and unexpectedly hilarious - a powerful exploration of identiiy masking and fantasy." Everything Theatre. The show will tour nationally in 2025-26 after Its premiere at Soho. Our "riotously funn punk crip cabaret Coproductlon of "Not F'kln. Sory. was redeveloped and updated for a Spring 2025 tour. In collaboration with Not Your Circus Dogs and The Hale, the tour continued to challenge audlences in "A riotous upending of audiences preconceptions of disability and neurodivergence." The Guardian. Venues included- New Wol58y Theatre. Ipswich | Mercury Theatre, Colchester | DaDa Fest, Unlty Theatre, Liverpool | Brighton Dome (8-9 April 2025) | Derby Theatre (12 April 2025). We ran outreach workshops at each venue to attract local audiences, increasing our reach to learning disabled and autistic communities In those areas. Thi5 is an essential part of our touring process. providing access to culture and high qualty, aspirallonal art by leaming disabled and autistic artists. 2. We Change Our society is ableist. We want to change it. Through our consultancy programme, w8 train, support, and cocreate with TV. f41m, and theatre. We run access training, offer bespoke creative support to learning disabled and autistlc talent, and cocreate scripls. We work with production teams, broadcasters, theatre5. casting direclors, and Companles to help them make their work and workplaces more accessible. Page 3
ACCESS ALL AREAS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance (continued) We've also rolled out a new strand of Access Coordination for TV and film, coordinating access on productions and training programmes for industry leader5 including Two Brothers. Sister Pictures. Story Films, N8fflix, and the Production Guild. This year, we continued to work with the TV Access Project, an essential partnership of broadcasters, streamers, and disabled-led organisations that is aiming to create full inclusion for disabled people in TV by 2030. We 8150 continued to facilitate workshops on the Screenskllls Access Coordinator training programme, helping to train new generation of access coordinators for the TV industry. We wrappad up our Transforming Leadership programme this year after training 7 leaming disabled arts companies. and 7 UK venues, in accessible and inclusive practice. We trained 1,332 arts and media staff across many high-proflle organlsatlons and productlons, we have developed more partnership projects which lead to longer periods of engagement and produces a sustained and lasting impact on the company we work wlth. Throughout the year, we ran tralning or consultancy for BECTU, A New Dlrectlon, Alr Giants. Battersea Arts Centre, BBC 'lnside Our Mlnds., Blue Apple, Breakin. Convention, CBeebles, Channel 4, Daydreams in A Minor, Derby Theatre, Disability Arts Onllne, DIY, Dramatic Resources, Emma Brunjes Productions, Europe Beyond Access, Factory Inlernallonal, Graeae, Grierson Trust, Hofesh Schecter, Hubbub, Indigo the musical, ITV, Klln Theatre, Laura Clifford, Liverpool City Council, Mella Theatre, Mind Th8 Gap. Nab'onal Film and Television school, National Theatre, Nefflix content team, Nefflix Production Management team, Netflix Produclion Solutions leam, Nefflix UK Production Finance, Prism Arts, Production Guild. Regents Park Open Air Theatre, Royal Central School of Speech and Drama, Sadler's W811s, Sage & Jester - Storehouse, Screenskills Leader5 of Tomorrow, Sister Pictures, Square Pegs, Sync Shorts, Taskmaster, TV Access Project, Unanima, Un-Label Access Maker Congress In Germany, alongsid8 Extant and Nickie Miles-wildin, and Women in Film and TV. 3. We Traln Traditlonal roules lo professional careers In the arts are usually closed to le8rnlng disabled and autlstlc creatives. Through our Diploma, our Associate Artists programme. and our ground-breaklng Transforming Leadership work, w8 work wilh artists to develop the skills they need in an accessible way. We train, develop, and mentor some of Ihe world's leading learnlng disabled and auti5tlc artists and leader5 at every stage of th8ir careers, and support them into the sustainable work in the arts. This year, we ran the final term of our partnershlp with Sky Studios to deliver our Perfomiance Making Diploma at the Royal Central School of Speech and Drama. Whlle the partnership concluded in July 2024, we are delighted to have been able lo allocale funds to run the Diploma for one more year (September 2024 - July 2025), before a new partnership launches with Netflix in Autumn 2025. 13 students attended our 2-year Diplorna programme this year and graduated in July 2025. Building on skills developed in year one across acting for stage and screen, the second year of the course prepared students for future profe55ional work in the industry. including how to get an agent, making showreels, creating a spotlight profile and acquiring good he8dshots. Students devised and performed at the Exit Festival alongside co-directors Jacob Dean, Nickie Wildin and AAA Director of Take Part and Train Helen Bryer. In our Associate Artists programme, we increased the number of learning disabled and autistic artists we work th from 17 to 22. Through maslerclasses and R&D, Ihey develop their skills, build new ideas for shows. update their access plans for professional work. audilion, rehearse, perform, and manage their wellbeing throughout. We continued with our new Performance Labs programme, running every 2 weeks. which gives artists a space to test and develop new ideas. Page 4
ACCESS ALL AREAS TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance {Gontlnued) We continue to upskill learning disabled and autistic cultural leaders through our Transfomiing Leadership programmes. Our TL London programme trained 5 crealive5 in co-directing. workshop facilitation, Consultancy, and governance. Our Transformlng Leadership national programme finished this year, culminating in a highly successful end of programme event, 'Making Employment Accessible. at The Lowry Salford. Supported primarily by Arts Council England, we upskilled 7 disability arts companies, 7 associated venues, Clor8 Leadership. Regional Theatre Young Directors Scheme, and 14 learning disabled or autistlc trainee leaders from around the UK. The programme has been fundamental to the sector and has successfully shared our co-leadership model of working, increasing opportunity for learning disabled and autistic people lo take up paid work. improve accessibility in venues and companies in directing and govemance work, and improve understanding of Acces5 to Work, 1..1 support, and the beneflts system among other disability arts companles. We've already gone on to arrange legacy project. including a series of webinars on inclusive governanc8 in 2025 for NPOS based in the north of England. 4. We Engage No on8 should be left out of the arts because of access needs. Our Tak8 Part programm8 of sensory and creative workshops improves w811being, foster8 communlty incluslon, and supporls learnlng disabled and autistic people in our communities to make great art. This year, w8 conlinued to work wilh a diverse range of leaming disabled and aulisllc participants wlth intersectional identities, from a range of backgrounds. Our Take Part programme trained and worked with 46 volunteers. W8 ran 191 workshops as part of our regular Take Part and outreach projects, engaging 96 learning disabled and autistic participants. With these ongoing creative programmes. we recorded 1097 session attendances by the 96 participants we engaged. pointing to the regular, consistent, and sustained interventions that our work has in people's lives. Financlal revlew a. Golng concern After making appropriate enqulrfes, the Trustees have a reasonable expectation that the Charitable Incorporated Organisation has adequate resources to continue in operational existence for the foreseeable future. For thls reason, they continu9 to adopt the going concern basis in preparing the financial siatements. Further delails regarding the adoption of the going concern basis can b8 found in the accounting policies. Page 5
ACCESS ALL AREAS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 b. Reserves pollcy Access All Areas, reserves have been gradually built up over time from annu81 budget surpluse5. Despite registering a small loss this year and given Ihe current climate of the s8Ctor. we will continue reforecasting to ensure Access All Areas spends within its means across all projeds and recoup this loss in 2025-26 through spending control and income increases. As a minimum Ihe level of these reserves should allow us to fund all staff salaries for the duration of their nolice Periods, settle all outstanding invoices for goods and servic85 provided, and return any fundlng and incom8 where the outcome will not be completed. Access All Areas therefore aims to hold res6Nes that would fund all staff salaries, and rent on our officè premises, for 4 months. Thls allows the charity tlme to recover from any unsuccessful fundraising or earned income generating activity. We will Gontinue to aim for budget Surpluses to r8alise our target reserve level. Our reserves tsrget for this year was £197,111. The reserves figure at year-end was £171,589. c. Flnancial Performance Revlew Our turnover in 2024125 was £999,225. a decrease of 19°/o on the previous year and back to usual tumover levels. This decrease was expected, and mostly due to our large-scale c(prOduCtion of 'lmposter 22, with the Royal Court Theatre in 2023124 which brought in a significant increase on our typical turnover. We also ran the Performance Making Diploma without funding this year, which reduced turnover and caused a small planned 10s5 at year end. We spent £1,009,448 on charitable activities, leaving a small deficit of £10,263 which will be deducted from our reserves. Thls was partly a result of wnnlng the Diploma programme mostly without funding this year. Access All Areas has a strict systern of financlal controls in place which ensures that budgets are carefully monitored and updat8d throughout the year. This includes two-person authorisation of all payTnents, and oversight by our Treasurer of payTnents and budgeting. We have kept the board fully informed at all stages relating to the recorded loss this year and mitigated as much risk as possible by adopting our financial contro15 policy. Due to rigorous budget forecasts, We have been able to adapt to the income levels being different than originally budgeted and have adjusted our outputs and expenditure accordingly for the future financial year 2025- 26 in response. Publi¢ and Private Grants 2024125 was our 7th year as an Arts Council England National Portfolio Organisation, and our 2nd year under the new funding round. Our Arts Council Investmént remains at £254,600 through the NPO grant. We also utilised the final portion of our "nationally significant project grant" from Arts Council England to fund our Transforming Leadership national programme, in partnership with 19 organisations around the UK. £88,509 of this project grant was used in this financial year. Esmée Fairbairn Foundation continued to support our work in a considerable way. They have funded our work with a further grant of £150,000 for 2024-26, £75,000 of which has been reGeived in the financial year 2024-25. Paul Hamlyn Foundation contributed £62,500 in the second year of a 4-year granl programme towards our work to improve inclusive leadership. and accessible employment. W8 received £10,000 from Bally Thomas foundation towards our Employmenl Skills and Engagement Programme. We received a grant from Garfield Weston for £30,000 towards core costs. Page 6
ACCESS ALL AREAS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We used the final portion of our grant from Sky Studi05 towards our Performance Making Diploma, with £20,000 of their grant funding th8 April - July 2024 term of th8 Diploma thi5 year. Going forward. Neffiix have agreed to partner on the delivery of the Diploma from September 2025, for a 2-year period, contributing 8 £168,000. Eam8d income: Consultancy Programme.. Our income from running trainings and consultancy for theatre, TV and film partners increased thi5 year to £100,008, up from £67,547 last year. We expect this to increase considerably in 2025126, as our reputation for this work in the Industry continues to grow, and we begin to stabilise our capacity for running this programme. Cr8atlV8 Support Pn)gramme.' As part of our grant from Esmée Fairbairn, we received séed funding to make our Creative Support Programme self-sustaining, to ensure that we can contlnue to recru1( train and develop Creative Support Workers to provide appropriate support for learning disabled and aulistic artists in work. The earned income from our Cr8atlV8 Support Programme is primarily funded by individuals, Access to Work grants, with those grants being spent on support for thal Indlvldual. We're currently on target to increase this earned income over a 4-year development period. We alm for the Creative Support programme lo become self-sustainlng, with most of our Creative Support costs covered without additional input from trusts and foundatlons. This year, this earned income remained stable and slmilar to 2023-24 at £214,625. Box Office and venue fees.. We r8ceived £3,500 in venue fe8s from 'A Small Enclosed Room with Alife Murphy and £1,100 from performances by Emma Sewn and Adam Smlth at SoDada festival. other Eamed Income.. We received £35,236 in other earned Income, fees for workshops from care homes and personal budgets, and a small amount of earned income from our Agency programme. Summar of income This year has seen the stablllsatlon of our turnover at roughly level. As predicted, tumover dld drop compared to 2023-24 (£1,235.205) which included income for the larger production 'lmposler 22,. We didn't tour or present a show this large in 2023-24. For the financlal year 2025-26 we expect to maintain a similar turnover level. d. Risk management The Senior Management Team reports on risks to the board and Arts Council England each quarter through a risk register in our Director's Report. These risk registers include proposals to mitigate any risk. Internal risks are mitigated via robust policies and procedures covering all areas of management, human resources, financial controls, health and safety, environmental sustalnability. and dlversty tsrgels. Where relevant, the board discuss any material risks to the charity in quarterly board meetings, or additional meetings if more urgent action is needed. Page 7
ACCESS ALL AREAS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 StruGture. governance and management a. Constltutlon Access All Areas previously operated as an unincoporated as50clation registered as a charity no.1120588. On 24 April 2017 a new charitable incorporated organi5ation (CIO), with the sam8 name and with substsntially the same objects as the old charity, was registered by the Charity Commission (registered no.1172706). On 1 June 2017 th8 activities, assets and liabiliti8s of the Charity were transferred to the new CIO and the old charity has been removed from the register of charities. b. Methods of appointment or electlon of Trustees As set out in the Constitution, the Co-chairpersons and new Trustees are nomlnated and elected by members of the Charity. The Co-chairpersons stand down for re-81ection after every three-year term and, set on rotation according to electlon dates. New Trustees meet wlth the Chalr of the Board and receive an Inductlon pack that outlines thelr legal obligations under charity law. They are also updated on the current situation of the Charills finances and activities. They are invited to observe at least one meeting before formal election. c. Oryanlsatlonal structure and declslon-making pollcles Access All Areas operales a co-leadership model. where one of the Co-chairpersons and one Deputy Chairperson must identify as learning disabled or autistic, to ensure appropriate leaming disabled and aulistic representation at lèadership level. Access All Areas. Senior Management Team is made up of 2 CO-CEOS (our Artistic Director Nick Llewellyn, and our Executive Director Patrick Collier), and our Director of Take Part and Train Helen Bryer. Our Director of Take Part and Traln also acts as the safeguarding lead in the company, with any considerable concerns escalated to the Executive Director and the l)oard wh8n deemed nec8ssary. In July 2025, after the end of thls financial year, our ArKess Director Lucy Andrews also joined the Senior Management Team. Approved by order of the members of the board of Trustees and signed on their b8half by.. Hlmanshu Acharya Dat8: 21stJanuary 2026 Page 8
ACCESS ALL AREAS STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for preparlng the Trustees, Report and the flnancial statements in accordance wlth applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare flnancial statements for each financial year which give a true and fair view of the state of affairs of the Charitable Incorporated Organisatlon and of its incoming resources and application of resources. including its income and expendlture, for that period. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and then apply them consistently, observe the methods and principle5 of the Charities SORP (FRS 102)., make judgments and accounting estimates that are reasonable and prudent., stste whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any materlal departures disclosed and explained In the finanGlal statements; prepare the financial statements on the 90ing concern basis unless it is inappropriate to presume that the Charitable Incorporated Organisation will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable Incorporal8d Organisation's transactions and disclose with reasonable accuracy at any lime the financial position of the Charllable Incorporated Organisation and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provislons of the Tnjst deed. They are also responsible for safeguarding the assets of the CharStable Incorporated Organisation and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularilies. Inse Approved by order of the members of the board of Trustees and signed on it5 b8 t8IPy here Hlmanshu Acharya Date.. 21stJanuary 2026 Page 9
ACCESS ALL AREAS INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Report to the Trustees of Access All Areas {Yhe Charitable Incorporated Organlsation.) I report to the charity Trustees on my examination of the accounts of the Charitable Incorporated Organisation forthe year ended 31 March 2025. Responslbilities and Basis of Report As the Trustees of the Charitable Incorporat8d Organisation you are responsible for the preparation of the accounts In accordance wlth the requirements of the Charities Act 2011 ('the 2011 Act,). I report in respect of my examination of the Charitable Incorporated Organisation's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(51(b) of the 2011 Act. Independent Examiner's Statement Since the Charltable Incorporated Organisatlon's gross income exceeded £250,000 your examiner must be a member of a body listed in s8clion 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of Institute of Chartered Accountants In England and Wales, which 15 one of the Ilsted bodies. Your attention is drawn to the fact that the Charitable Incorporated Organisation has prepared the accounts in accordance with Accounting and Reporting by Charities.. Statemént of Recommended Practice applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) In preference to the Accounting and Reporting by Charlties.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been wilhdrawn. l understand that this has been done in order for the accounts to provide a true and falr view in accordance with the Generally Acc8Pt8d AGcounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have corne to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charitable Incorporated Organisation as required by section 130 of the 2011 Act- or the accounts do not accord those records. or the accounts do not comply with th8 applicab18 requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this repori in order to enable a proper understanding ol the accounts to be reached. This report is made solely to the Charitable Incorporated Organisation's Trust8es, a5 a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitable Incorporated Organisation's Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept Page 10
ACCESS ALL AREAS INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 or assume responsibility to anyone other than the Charitable Incorporated Organisation and the Charitable Incorporated Organisation's Trustees as a body, for my work or for this report. Heather Mcconnell (BA (Hons), FCA) for and on b8half of Streets Chartered Accountants Enterprise House, 38 Tyndall Court Commerce Road, Lynch Wood Peterborough Cambridgeshire PE2 6LR Dated: 31111 Page11
ACCESS ALL AREAS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacie5 Charitsble activits'es Investments 256 792.249 208 256 998,761 208 772 206,512 1,234,433 Total Incomé 792,713 206,512 999.225 1,235,205 Expenditure on: Charilable activitles 794,974 214,514 1,009,488 1,233,020 Total expendlture 794,974 214,514 1,009,488 1,233,020 Net (expendfturelllncom• Transfers betw88n funds (2,261) (8,002) (8,002) 8,002 (10,263) 2,185 13 movemont In funds (10.263) 110,2631 2, 185 Roconclllatlon of funds: Total funds brought fomard Net movement in funds 181,852 {10,263) 181,852 (10,263) 179,667 2,185 Totsl funds carrl•d forward 171,589 171,589 181,852 The Statement of Financial Activities includes all gains and10s5es recognised in the year. The notes on pages 15 to 31 form part of these financial statements. All amounts are frorn continuing activities. Page 12
ACCESS ALL AREAS BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tanglble assets 10 5,181 8,226 5,181 8,226 Current assets Debtors Cash at bank and in hand 11 256,322 69,625 258,366 59,463 325,947 317,829 Current Ilabllltles Creditors: amounts falling due wlthin one year 12 (159,539) (144,203) Net current asset8 166,408 173,626 Total a55ets less current Ilabilitles 171,589 181.852 Nat assets excluding pension asset 171,589 181,852 Total net assets 171,589 181,852 Charity funds Restrlcted funds Unrestricted funds 13 13 171,589 181,852 Total funds 171,589 181,852 The financial slatements were approved and authorised for issue by the Truste8s and signed on th8ir behalf by: Hlmanshu Acharya Treasurer and Trustee Date: 21stJanuary 2026 The notes on pages 15 to 31 form part of these financial statements, Page 13
ACCESS ALL AREAS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Noto Cash flows from operatlng actlvitles Net cash used in operating activities 16 10,799 (125,864) Cash flows from Investing actlvlties Dividends, interests and rents from investments Purchase of tangib18 fixed assets 208 (845) (6.530) Net cash usad In Investlng actlvltles {637) (6,530) C48h flows from flnanclng actlvltles Net cash provlded by flnanclng actlv111•8 Change In cash and cash equlvalents In Ihe year Cash and cash equivalents at th8 beginning of the year 10,162 (132,394 191,857 59,463 Cash and cash equivalents at the end of the year 69,625 59,463 The notes on pages 15 to 31 form part of these financlal statements Page 14
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policles 1.1 Basls of preparatlon of flnanclal statgments The financial staternents have been prep8red In accordance with the Charitl8s SORP (FRS 102) Accountlng and Reporting by Charities.. Statement of Recommended Practi appllcable to charities preparing their accounts in accordance with th8 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20191, the Financial Reporting Standard appllcable in the UK 8nd Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fairf view. This departure has involved following the Charitles SORP (FRS 1021 published In October 2019 rather than the Accounting and R8POrting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Access All Areas meets the definltlon of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactlon value unless otheNis8 Stated in the relevant accounting policy. 1.2 Going concem The flnancial stalement5 have been prepared on a going concem basis 85 the twstees believe that no material un¢ertainties exlst. The trustees have considered the level of funds held and the expected level of income and expenditur8 for 12 months from authorising these flnancial statements. The budgeted Income and expendlture Is sufficient with the level of reserves for the charity to be able to continue as a going concern. 1.3 Income The income will be received and the amount of incom8 recelvable can be measured reliably. Donated servlces or facllitles are recognised when the company has control over the item, any condilions a550ciated with the donated item have been met, the receipt of 8conomic benefit from the use of th8 company of the itern is probable and economic benefit can be measured reliably. In accordan with the Charities SORP {FRS 1021. the general volunteer tlme of the volunteers is not recogni5ed. On receipt, donated professional servi8 and facilities are recognised on the basis of the value of the grft to the company which is the amount it would have been willing to pay to obtain service5 or facilities of equivalent economic benefit on the open market,. a COespOndIng amount is then recognised In expenditure in the period of receipt. Income tax recoverable in relation to donations received under Gift Aid or deeds of cov8nant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Income tax recoverable in relation to film tax credits are recognised at the point of entitlement. Other income is reGognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page15
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles (continued) 1.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer econornic benefit to a third party, it is probable that a transfer of economic benefits will be required in sett18menl and the amount of the obligation Can be measured reliably. Expenditure is ¢la55ified by activity. The costs of 8ach activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support cosls which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the aclivit18s whlch further the Charitable Incorporated Organisation's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 1.5 Tanglbl• flxed a6s•ts and deproclallon Tangible fixed assets are inilially recognised at cost. After recognition, under the cost mod81. tangible fixed assets are m8asured at cost less accumulated depreclation and any accumulated impairment losses. All costs incurred to bring a tanglble fixed asset into its intended working condition should be included in the measuremenl of cost. Depreciatlon 18 ch8rged so as to allocate the cost of tanglble fixed assets less thelr residual value over their estimated useful lives. Depreciation Ss provided on the followlng basis.. Fixtures and Equipment - 4 Years 1.6 Debtors Trad8 and other debtors are recognised at the settlem8nt arnount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Accrued income are valued at amount of incorne 8arned but not yet received at the balance-sheet date. 1.7 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or slmilar account. 1.8 Liablllties Liabilities are recognised when there Is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charitable Incorporated Organisation anticipates it 11 pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Page 16
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {contlnuedl 1.9 Flnanclal Instruments The Charitable Incorporated Organisation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments ar8 initially recognised at transaction value and subsequently measured at their settlement value wlth the exception of bank loans which are subsequently measured at amortised cost using the effective interest mathod. 1.10 Pensions The Charitable Incorporated Organisation operates a defined contribLrtion pension scheme and the pension charge represents the amounts payable by the Charitsble Incorporated Organisation to the fund in respect of the year. 1.11 Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees In furtherance of th8 general objectives of th8 Charitsble Incorporal8d Organisation and which have not been designated for other purposes. Restricted funds are funds which are to b8 used in accordance with specific restrfctions imposed by donors or which have been raised by the Charitable Incorporated Organlsation for particular purposes. The costs of raising and admlnisterfng such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statement5. Investrnent income, gains and losses are allocated to the appropriate fund. Crltlcal accountlng estlmates and areas of judgment Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future evenls that are believed to be reasonable under the circumstances. The Charitable Incorporated Organisation mak8s estimat8s and assumptions conceming the future. The resulting accounting estimates and assumptions wlll, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilitie5 Within the next financi81 y8ar. Critlcal areas of judgment: No judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies and there are no key sources of estimation uncertainty. Page 17
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacles Unrestrlctad funds 2025 Total funds 2025 Tot81 funds 2024 Donations 256 256 772 Total 2024 772 772 All donatlons in both current and prevlous year relates to unrestrlcted funds. In¢om• from charltable actlvltles Unrastrlcted Restrlcted funds funds 2025 2025 Total funds 2025 Total funds 2024 Theatre Tax Relief Grants Programme Income 78,866 369,600 343,783 78,866 573,329 346,566 18.042 662,033 554,358 203,729 2,783 792,249 206.512 998,761 1,234.433 Total 2024 963,427 271,006 1,234,433 Page 18
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of the grant recelved Unrestrfcted Restrlcted funds funds 2025 2025 Total funds 2025 Tot81 funds 2024 Arts Council England - NPO Esmée Fairbalm Foundatlon Arts Council England - Project grants Paul Hamlyn Foundation City Bridge Trust Sky Studlos Bailey Thom8S Garfield Weston Foundation 254.800 75,000 254,600 75.000 121,229 62,500 254,600 95,QQO 167.633 62.500 7,300 75,000 121,229 62,500 20,000 20,000 10,000 30.000 10,000 30.000 Total 2025 369,600 203.729 573,329 662,033 Total 2024 391,027 271,006 662,033 Analysls of the programme Income recelved Unrestrfcted Restrlcted funds funds 2025 2025 Total funds 2025 Tot81 funds 2024 Box Office Incom8 & venu8 fees Consultsncy 0th8r participant faes Agency fees Creative Support Incom8 Olher eamed income 4,600 100,008 17,050 5,918 214.625 1,582 4,600 100,008 17.050 5,918 214,625 4,365 42.277 67.547 17,517 895 237,693 188.429 2.783 Total 2025 343,783 2,783 346.566 554,358 Total 2024 554,358 554,358 Page 19
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Investment Income Unrestrfcted funds 2025 Total fund5 2025 Total funds 2024 Bank Interest 208 208 Analysis of expenditure on charltable actlvitles Summary by fund type Unre$trfctod Re8tricted fund8 fund8 2025 2025 Total 2025 Tolal 2024 Supporting Costs Programmes expenditure Staff Cost 106,613 221,441 466,920 21,378 87,545 105,591 127,991 308,986 572,511 159,232 524,478 549,310 794,974 214,514 1,009,488 1,233,020 Total 2024 962,014 271,006 1,233,020 Analysls of expendlture by actlvities Activltles undertaken directly 2025 Support Costs 2025 Total funds 2025 Total funds 2024 Supporting Cost Programme Expenditure Staff Cost 127,991 127,991 308,986 572,511 159,232 524,478 549,310 308,986 572.511 881,497 127,991 1,009,488 1.233,020 Total 2024 1,073.788 159,232 1,233.020 Page 20
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expenditure by activities (contlnued) Anatysls of 8UPPOrt CO8t• Total fund8 2025 Total fvnds 2024 Depreciation Rents and Rates Insuranc8 Stationary Office Equipment & Refurbishment Travel and Subslstence Venuelspac8 hire Storage others PR Officer Accountancy Fees including Payroll Costs Independent Examination l Audit Fees 3,890 18.824 4,418 704 4,297 21.81)0 359 1,006 8,087 25,645 40,282 1,574 35.307 3,200 9,675 8,000 26,197 26,374 1,978 18,622 2,500 19,140 4,000 127,991 159.232 Staff costs 2025 2024 Wages and Salaries Social securfty costs Contribullon to defined contrlbution penslon schemes 494,128 45,835 32.548 475,553 42.641 31,116 572.511 549,310 Page 21
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Staff costs (contlnued) The average number of persons employed by th8 Charitable Incorporated Organisation during the year was a5 follows.. 2025 2024 Management Support Staff 11 15 13 17 The average headcount expressed as full-time equivalents was: 2025 No. 2024 No. Management Supporting Staff 13 15 15 17 No employee received remuneration amounting to more than £60,000 in 81ther year. The totsl amount of employee benefits received by key management personnel is £112,948 (2024.. £116,012), including pension contributions of £7,363 (2024.. £6,901). The charlty considers Its key management personnel Gomprisa the trustees, the Artistic Director and the ExecutlV8 D1clOr. Trustees, remuneratlon and expensgs During the year, no Trustees received any remuneration or other beneflts (2024 - £NIL). During the year ended 31 March 2025. no Trust8e expenses have been incurred (2024- £NIL). Page 22
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Tanglble flxed assets Fumlture and Equlpment Cost or valuatlon At 1 April 2024 Additions 39,634 At 31 March 2025 40,479 Depreclation At 1 April 2024 Charge for the year 31.408 3,890 At 31 March 2025 35,298 Net book value At 31 March 2025 5,181 At 31 March 2024 8,226 11. Debtors 2025 2024 Due withln one yoar Trade debtors Other debtors Prepayments and accrued income 109,003 1,350 145,969 207,617 7,350 49,399 256,322 258,366 PrePaent and accrued income consist of prepayments of £7,716 (2024: £19,379) and accrued income of £138,253 (2024.. £30.019). Page 23
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Creditors: Amounts falling due within one year 2025 2024 Trade credltors Other taxation and social security Accruals and deferred Income 15,959 24,349 119,231 34,196 19,527 90,480 159,539 144,203 2025 2024 Deferred Income at 1 April 2024 Resources deferred during th8 year Amounts released from previous periods 75,516 108,978 113,500 76,516 (75,516) (109,978) 113,500 75,516 Deferred Income consist of the followlng grants that was recelved during the year: Art Council England £13,500 (2024.. £56,516), Sky £0 (2024: £20,000), Coporate Donation from Netfllx of £80,000 {2024.' £0) and private grant from Cockayne of £20,000 (2024.. £01. Page 24
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Statèment of funds Statement of funds - current year Balancg at 31 March 2025 Balance at 1 Aprll 2024 Transfers Inlout Income Expendlture Unrestrlcted funds Core funds I general reserves Transforming Leadershlp Transforming Leadership natlonal programme Associate Artists Production - "Not F'kln, Sorty, Production - "Lifecycle" Consultancy Agency Diploma Take Part Production-"A Sm811 Enclosed Room with Alfie Murph 181,852 145,451 1,901 (152,451) (5,998) (3,263) 4,097 171,589 15,610 58,809 13,624 54,557 167,279 63,589 49,923 66,636 18,780) 165,372 (11,469) (55,192) (67,897) (58,706) 178,512) (100,109) (6,830 6.563 (2,155) 635 (99,382) 14,883) 28,589 33.473 155,334 (190,488) 35,154 181,852 792,713 (794,974) 18,002) 171,589 Restrlcted funds Transfomlng Leadership Transfomiing Leadership national programme Production - "Not F-kin, Sorry" Consultancy Diploma Core Production-"A Small Enclosed Room with Alfie Murphy, 21,874 {21,874) 104,134 2,784 18,750 20,000 6,250 (104,134) (10,786) (18,750) 120,000) (6,250) 8,002 32,720 {32,720) 206,512 (214,514) 8,002 Total of funds 181.852 999.225 (1,009.488) 171,589 Page 25
ACCESS ALL AREA8 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Statement of fund5 (contlnued) Transfomiing Leadership An ongoing leadership programme to train and upskill learning disabled and aut15tlc cultural leaders. Through the Transforming Leadership programme we are.. Radically transforming the leadership potential of learning disabled and autistic arts leaders Developing sector-wide infrastructure that supports learning disabled and autisti¢ leadership Upskilling existing executive leadership across the arts, improving organisational accessibility https.'Ilaccessallareasproductions.orgAheatrelartist-developmentltransforming-leader5hipl Transforming Lead8rship natlonal programme We teamed up with. 7 other disability arts companies, 7 UK venues, and some of the UK'S best leadership development organisations to make real and practical change to the landscape of arts leadership. Over 3 years, w8 upskllled 14 18arnlng disabled and autistic cultural leaders, trained and mentored organisations, and shared resources, tips, and stories of change with the sector. https:Ilaccessallareasproductlons.orgltheatrelartist-developmenUtransformlng-leadershipllransforming- leadership-nationall A550ciate Artists Programme AAA'S Associate Artlsts are the backbone of all the work wa make, the we run, and the training and we deliver. Artists keep training through monthly maslerclasses, develop new ideas through Performance Labs, R+D new shows, and collaborate on scripts for TV and film through our Writers, Labs. Through our Launchpad Commission, we support artists to coproduce and tour new work. https.'Ilaccessallareasproductlons.orglabout-uslpeoplelassociate-artlstsl Production-"Not F'kln, Sorw, The retum w5th a new verslon of their sell-out hlt for more shameless sexy punk crip cabaret. With lusclou5 lip syncs, sweaty dances and verbatlm storles, have your preconceptlons rattled as we take you to the 8dge. Coproduced with The Hale. https:Ilacce5sallareasproductlons.orglproductionlnot-fkin-sorryl Production -"A Small Enclosed Room with Alfie Murphl, A new touring production created by Clan Binchy, in collaboration with Nick Llewellyn, Shaun Dunna, and Leah Moore. Renowned autistic artists Clan Binchy (The Level, ITV) and Anna Constable (Imposter 22, Royal Courtl bend the lines of fantasy, reality and masking, as they try to figure out how to be in the world. https=Ilaccessallareasproductions.orglproductionla-small-enclosed-roorn-with-alfie-murphyl Production --Lifecycle" Created in association with Ockahm's Razor and supported by The Lowry, Lifecycle is a new immersive production by Access All Areas, using stunning 360" projection, spatial sound, projected artwork by world famous artist Stephen Wiltshire, and aerial perfomiance designed by Ockham's Razor and performed by Access All Areas, award-winning company of learning disabled and autistic art15ts. The production was in rehearsal In early 2025. and scheduled to premiere at The Lowry's Quays Theatre, 22-25 October 2025, but has been cancelled due to funding issues with DWP's Access to Work. Page 26
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Statement of funds (Gontlnued) Consultancy We work across theatre, TV, and film to support better representalion of Deaf. Dlsabled and neurodivergent talent. We offer support to artistic teams, Front of House, productions, v8nues and individual artisis. Clients include Netflix, BBC, ITV, Channel 4, Sister Pictures, Left Bank Pictures, The Lowry, Royal Court. Old Vic. Nottingham Playhouse and many more. https:Ilaccessallareasproductions.orgltheatrelconsultsncy-and-sector-chang81 Agency In partnership with Simon & How, we support AAA'S Associate Artists to audition, reh8arse and perfomi with external theatre, TV, and film companies. https:Ila¢¢essallareasproductions.orglabout-uslpeoplelassociate-artistsl other prolects Through a partnership with Revelland, we worked wlth a European wlde neknrk of artlsts to help them make their performances more accessible. The majority of this work took plac8 in the pr8vious financial year, and was c1058d at the start of this financlal year. Diploma Our internationally acclaimed Performance Making Diploma runs in collaboration with the Royal Central School of SpeeGh and Drama. The programma trains emerging leaming disabled and autistic creatives in perfomiance skills, theatr6 making skills, TV script writing, and other cre8tlV8 skills. https:Ilaccessallareasproductions.orgltheatrelartlst-developmentldlplomal Take Part Our Take Part programme works wlth participants across East London and beyond, building creative skills, increasing confidence, and making performance. Our project5 are co-deslgned and Go-led by learnlng dlsabled and autlstic professlonals. and tailor-made to the access needs of 811 participants, so everyone who takes part Can expre55 their own ¢alIve voice. https:Ilaccessallar8asproductions.orgftheatreltake-partl Page 27
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Statement of funds {contlnued) Statement of funds - prior year Balance at 31 March 2024 BalanGe at 1 April 2023 Transfers In/out Income Expenditure Unrestrlcted funds Cor8 funds I general reserves Transforming Leadershlp Transfomiing Leadership national programme Associate Artists Production - "Not F'kin, Sorr Production - 'Lifecycle" Productlon -'Imposter 22" Consultancy Agency other projects Diploma Take Part 179.668 213.589 (632) (t40,629J (5,235) (70, 776) 5,867 181.852 11,609 117,133 9, 777 44,508 332,692 132,657 30,418 11,558 17.038 43,851 (6.545) (101,556) (14,472) (49,871) (398,434) (58,375) (47,474) (13, 032) (37,140) (89,251J {5,064) (15,577) 4,695 5,363 65, 742 (74,282) 17,056 1,474 20.102 45,400 179, 668 964, 198 (962,014) 181,852 Restrlcted funds Transforming Leadership Transforming Leadership national programme Production - 'Not F"'kin' Sor Consultancy Diploma Take Part 18, 750 (18.750) 148, 706 2,500 18.750 75,000 7,300 (148, 706) (2, 500) (18, 750) (75,OOOJ (7,300) 271,006 (271,006) Total of funds 179,668 1,235,204 (1,233,020J 181,852 Pag& 28
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. SuTnmary of fund$ Summary of funds- current year Balanco at 31 March 2025 Balance at 1 Aprll 2024 Transfers Inlout Income Expendlture General funds Restricted funds 181,852 792,713 206,512 (794,974) (214,514) 18,002) 8,002 171,589 181,852 999,225 (1,009,488) 171,589 Summary of funds - prlor year Bal8nce al 31 March 2024 B818nce 8t 1 April 2023 rransf8rs in/out Income Expenditure General funds Restricted funds 179.668 964.198 271,006 (962,014) (271.006) 181,852 179, 668 1.235,204 (1,233,020) 181,852 15. Analysls of net a88ets between lund8 Analysls of net assets between funds - current y•ar Unrestrlcted fund5 2025 Total funds 2025 Tangible fixed a5S8ts Current assets Creditors due within one year 5,181 5,181 325,947 325,947 (159,539) (159,539) Total 171,589 171,589 Page 29
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Analysis of net assets between funds (contlnued) Analysls of net assets between funds - prior year Unrestricted funds 2024 Total funds 2024 Tangible fixed ass8ts Current assets Cradllors due withln one year 8.226 8, 226 317,829 317,829 (144.203) (144,203) Total 181,852 181.852 16. Reconclllation of n•t movement In funds to net cash flow from oporatlng actlvltles 2025 2024 Net incomelexpenditure for the year (as per Statement of Financlal Activities) (10,263 2,185 Adjustments for: Depreciation Charges Dividends, interests and rents from investments Decreasel(increasel In debtors Increasel(decrease) in credltors 3.890 1208) 2,044 15,336 4,296 (57,803) (74,542) Net cash provldod byl(used In) opgratlng actlvitles 10,799 (125,864) 17. Analysis of cash and cash equlvalents 2025 2024 Cash in hand 69,625 59,463 Total cash and cash equlvalents 69,625 59,463 Page 30
ACCESS ALL AREAS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Anatysls of changes In net debt At 31 March 2025 2024 Cash flows Cash at bank and in hand 59,463 10,162 69,625 59,463 10,162 69,625 19. Related party transactlons None of the trustees (or any persons connected with them) received any remuneration or expenses Sn their role as trustees. The followlng trustees received performance fees in the year.. 2025 2024 Oludayo Koleosho Paul Christlan Charlene Salter 7,880 1,615 7,937 5.461 4,813 10,274 17,432 Page 31