Edgelands Arts
Charity number 1173773
Annual Report and Financial Statements
for the year ended 31 March 2024
Edgelands Arts
Annual Report and Financial Statements for the year ended 31 March 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 to 11 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Edgelands Arts
Trustees' report for the year ended 31 March 2024
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Julie Ann Connolly Chair Claire Pickering Appointed 1 August 2023 Erin Lesley Braithwaite Pamela Massett Appointed 29 January 2024 Stephen Foster Resigned 1 August 2023
Appointed 29 January 2024 Resigned 1 August 2023
Charity number
1173773
Registered in England and Wales
Registered and principal address
Bankers
G27 Co-operative Bank The Art House PO Box 250 Drury Lane Skelmersdale Wakefield WN8 6WT WF1 2TE
Independent examiner
Alan Dodd FCCA
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 11 July 2017 and is governed by a constitution.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the trustees at a duly convened meeting.
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Edgelands Arts
Trustees' report (continued) for the year ended 31 March 2024
Objectives and activities
The charity's objects
To advance the arts and education by:
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l promoting, sustaining and increasing individual and collective knowledge and understanding of the arts,
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l assisting in the provision of creative activities in the interests of social welfare for individuals who have need of such facilities by reason of their youth, age infirmity or disability, geographic location, social circumstances or, with the object of improving their conditions of life,
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l promoting social inclusion for the public benefit by preventing people from becoming socially excluded and assisting them to integrate into society. For the purpose of this clause ‘socially excluded’ means being excluded from society, or part of society, as a result of being a member of a socially and/or economically deprived community.
The charity's main activities
Edgelands Arts creates culturally connected communities by sharing stories from the edges of communities, cities and countryside.
We collaborate commission, create and co-produce excellent and accessible arts projects which:
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l Bring artists and communities together.
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l (Re)connect people with each other and the world around them.
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l Explore stories of space, place, identity and belonging.
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l Improve the social, cultural and community well-being of people of all ages and abilities.
We use the arts to nurture
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l a sense of identity and belonging and exploring how the natural and man-made environment shapes and influences people’s lives and how people, in turn, have shaped and influenced the landscape.
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l caring, healthy, culturally connected communities by building relationships, enabling self-expression, developing skills, celebrating difference and supporting people to work together creatively.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the arts and education.
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Edgelands Arts
Trustees' report (continued) for the year ended 31 March 2024
Achievements and performance
During the financial year ending March 2024, Edgelands Arts completed 6 projects, and began work on a further 3 projects for completion in 2025. The completed projects include:
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l A banner co-created with Leaning Disability Nursing for NHS England
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l The Magic Paintbrush – the completion of a new theatre using shadow puppetry commissioned by Wakefield Council for tour to Wakefield Libraries as part of Wakefield WordFest.
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l A series of crowns co-created with young people to celebrate the Queen’s Jubilee for display in The Victoria Shopping Centre, Harrogate for Bewonder.
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l A play in a week with children from South Kirkby for South Kirkby and Moorthorpe Town Council.
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l Two days of street performance of our giant puppet Heron for Rotherham Town Council as part of the Rotherham Show.
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l A lantern parade co-created with children and communities in Dewsbury for the Dewsbury Town Centre Partnership.
The projects we started in 2023/24 for completion in 2024/5 include:
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l A woolly sheep trail for display in the Woolshops Shopping Centre, co-created with children in Halifax for Bewonder.
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l Bridge Through Time - An installation of a community co-created artwork on a railway bridge in Fitzwilliam for Friends of Fitzwilliam Station.
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l Explore, Create, Connect - An arts project aiming to tackle loneliness with people in Wakefield for Creative Lives, funded by UK Government and Arts Council England.
During the year we provided 6 Freelance artists with 132 days' work. These artists worked with over 600 participants and reached over 6500 people as live audience.
The organisation works on a project by project basis affected by the available time of three lead artists. Due to restraints in these freelancers’ availability, Edgelands Arts completed fewer projects in this financial year than in previous years. This smaller number of projects were nonetheless successful, had extensive reach and continued to progress the organisation’s objectives.
Financial review
The net expenditure for the year was £29,568, including net expendituree of £10,003 on unrestricted funds and net expenditure of £19,565 on restricted funds.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £26,760.
Edgelands Arts reserve policy is to maintain funds to cover the costs of 6 months’ overheads (studio rent and administration costs), calculated and reviewed annually, as protection should the organisation lose significant income/funding or have to cease its operations and fulfil contracted obligations.
Approved by the board of trustees on 4/12/2024
J A Connolly (Trustee)
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Edgelands Arts
Independent examiner's report to the trustees of Edgelands Arts
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 6 to 11.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Whilst an independent examination is not required under section 145 of the Act, the trustees have opted for this type of scrutiny.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the applicable 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 fair 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 report in order to enable a proper understanding of the accounts to be reached.
Alan Dodd FCCA
9/12/2024
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Edgelands Arts
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2024
| Notes 2024 Unrestricted funds £ Income from: Grants and donations (2) - Project fees 15,904 Other income - Total income 15,904 Expenditure on: Project expenses: Lead Artists 13,407 Freelance Artists 1,200 Other project expenses 2,693 Overheads: Premises 5,076 Office expenses 2,966 Insurance 25 Independent examination 540 Miscellaneous costs - Total expenditure 25,907 Net income / (expenditure) (10,003) Transfers between funds - Net movement in funds (10,003) Fund balances brought forward 36,763 Fund balances carried forward (3) 26,760 |
2024 Restricted funds £ - - - - 13,832 4,600 607 500 - - - 26 19,565 (19,565) - (19,565) 19,370 (195) |
2024 Total funds £ - 15,904 - 15,904 27,239 5,800 3,300 5,576 2,966 25 540 26 45,472 (29,568) - (29,568) 56,133 26,565 |
2023 Total funds £ 43,522 41,510 187 85,219 47,757 7,704 5,247 6,198 1,724 25 1,380 182 70,217 15,002 - 15,002 41,131 56,133 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Edgelands Arts
Balance sheet
| as at 31 March 2024 2024 Unrestricted £ Current assets Debtors and prepayments (4) 540 Cash at bank and in hand (5) 31,031 Total current assets 31,571 Current liabilities: amounts falling due within one year Creditors and accruals (6) 4,811 Total current liabilities 4,811 Net current assets / (liabilities) 26,760 Net assets 26,760 Funds Unrestricted funds 26,760 Restricted funds - Total funds 26,760 |
2024 Restricted £ - (195) (195) - - (195) (195) - (195) (195) |
2024 Total £ 540 30,836 31,376 4,811 4,811 26,565 26,565 26,760 (195) 26,565 |
2023 Total £ - 56,987 56,987 854 854 56,133 56,133 36,763 19,370 56,133 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 4/12/2024
J A Connolly (Trustee)
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Edgelands Arts
Notes to the accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Leases
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
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Edgelands Arts
Notes to the accounts continued
for the year ended 31 March 2024
| 2 Grants and donations NHS England SW Yorkshire NHS Trust Wakefield Council 3 Restricted funds NHS England Magic Paintbrush Know your Neighbourhood Fund name NHS England Magic Paintbrush Know your Neighbourhood |
2024 2024 2024 2023 Unrestricted Restricted Total Total funds funds funds funds £ £ £ £ - - - 9,500 - - - 4,300 - - - 29,722 - - - 43,522 Balance b/f Incoming Outgoing Transfers Balance c/f £ £ £ £ £ 9,500 - 9,500 - - 9,870 - 9,870 - - - - 195 - (195) 19,370 - 19,565 - (195) Purpose of restriction Engagement piece with individuals with lived experience. To research and develop the Magic Paintbrush for performance in libraries across the Wakefield District during WordFest 2023. To support people at risk of loneliness and isolation, delivered in the following financial year. |
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| 4 Debtors and prepayments Debtors 5 Cash at bank and in hand Cash at bank 6 Creditors and accruals Accruals and deferred income |
2024 £ 540 540 2024 £ 30,836 30,836 2024 £ 4,811 4,811 |
2023 £ - - 2023 £ 56,987 56,987 2023 £ 854 854 |
|---|---|---|
Includes balance of £3,878 in respect of a grant for activities completed in the following financial year.
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Edgelands Arts
Notes to the accounts continued
for the year ended 31 March 2024
7 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Remuneration and benefits received by key management personnel
The key management personnel of the charity include the trustees, and three lead artists who are engaged on a self-employed freelance basis. The total benefits of the key management personnel of the charity were £27,239 (previous year: £47,757)
No trustee received any remuneration or benefit in this capacity during this or the previous year.
8 Operating leases
| Within one year In the second to fifth years inclusive Over five years from the balance sheet date Expected future minimum lease payments over the remaining life of the lease, analysed into the period in which the commitment falls due: |
2024 £ 3,907 - - 3,907 |
2023 £ 3,907 - - 3,907 |
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Edgelands Arts
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
| 2024 2023 Unrestricted Unrestricted funds funds £ £ Income Grants and donations - - Project fees 15,904 41,510 Other income - 187 Total income 15,904 41,697 Expenditure Project expenses: Lead Artists 13,407 31,077 Freelance Artists 1,200 3,100 Other project expenses 2,693 3,896 Overheads: Premises 5,076 4,681 Office expenses 2,966 1,724 Insurance 25 25 Independent examination 540 1,380 Miscellaneous costs - 182 Total expenditure 25,907 46,065 Net income / (expenditure) (10,003) (4,368) Transfers between funds - - Net movement in funds (10,003) (4,368) Fund balances brought forward 36,763 41,131 Fund balances carried forward 26,760 36,763 |
2024 Restricted funds £ - - - - 13,832 4,600 607 500 - - - 26 19,565 (19,565) - (19,565) 19,370 (195) |
2023 Restricted funds £ 43,522 - - 43,522 16,680 4,604 1,351 1,517 - - - - 24,152 19,370 19,370 - 19,370 |
2024 Total funds £ - 15,904 - 15,904 27,239 5,800 3,300 5,576 2,966 25 540 26 45,472 (29,568) - (29,568) 56,133 26,565 |
2023 Total funds £ 43,522 41,510 187 85,219 47,757 7,704 5,247 6,198 1,724 25 1,380 182 70,217 15,002 - 15,002 41,131 56,133 |
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