CHARITY COMMISSION FOR ENGLAND AND WALES 1'7577n Receipts and payments accounts CC16a For the pgrtod from 111or2021 3UYrall22 To Section A Receipts and payments Urlrestrictsd Restrictsd fund$ funds to tho rwrest £ to th• nMro¥1£ Endowment fund• to tho rb••rw¢£ Totsl fund• toth¥ ngzmt£ to thtr Mamt£ A1 R•c•l tknnati¢Yb5 Grarrfs Gr8th.F Fuivj 4,362 1t.C4)0 4,576 31.2 42,#0 10,749 E%nts 10.839 10.839 92 2,674 TIcet SAI•• 36.108 13,825 36,108 13.825 Sub total(Gross income fo AR) 32.21 113, A2 *4••t and Inv•stm•nt sal•s, Sub tota A3P PrL¥JLthtr Costs ThnICal-(S 33,454 15.060 2.891 14,076 9.780 26,309 17.349 9,857 2,554 12,740 623 310 103 552 3.873 1,760 2,891 SUB CONTPACTED STAFF OESIC•4 5315 1.220 WE&YTE •itr Youth 1.408 2,077 Sub total 17 A4 A•••t and In8¢Ml 8•e tablè Sub tot&1 Il•t of r•ceipts/{paym•nts) A5 Trnn•l•r8 behv8•n funds A6 Cmh funds last year end C•¥h lunds this year Ond 12 IXXX R1 Lounts Issi
Section B Statement of assets and liabijities at the end of the period Unr85tricted funds to £ R85trictèd fun to rt£ Endowrnent funds to nearo8t £ C4t¢gorf Do¢all¥ 81 C••h fund• B8rd 1,350 44473 VAT Re0b Total Cash funds KCWMI¥ii Unrestrlctod funds to n•amt£ R•8trfcted fund• Endowment funds Detslls to rwamt e to B2 Olh•r mon•t•ry as8•ts Fund towhlch 4•8•t bdon Dèta118 Coit lopllonall Cuvr•rrt v•1 83 Invrttm•nt a86ets Fuhd to whlch 1••0t belon ¢urront v•lu• orkil Oetal CogtlopUon• 84 A•Mts rtrtined for th• ¢h4rlty'• own u88 Fund to which Amount d Whtrn du• Detalls BS U•bllltl•s Sb¥Jby one ortso trvBts on •hdl d •ll Ihe tru51ees SYJnature Print Name Date of roval G.,s,IS ecxx R2 acctyJnts Issi
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of INK (From Pen to Perfomiance On accounts for the year onded 3010912022 Chaiity no (if any) 1175770 Set out on pages 3and4 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3010912022 Responsibilities and basis of report As the charitys trustees, you are responsible for the preparation ot w..-" ae(x)unts in accordance with the requirements of the Charities Act 2011 Ih• Arri I report in respect of my examination of the Trust's accounts (xffied out under section 145 of the 2011 Act and in Ggrying out my examination, I havp fnllnwprl All Ihp annlirAhlp. nirprtinn aivp.n hv Ihp. r.haritv f.nmmiinn under section 145{5)(b) of the ACL. Inflp.np.nrlant rrhg. r.hArifv'q nmqq inr.nmp. p.xr.ppd¢¥l e?fjn nnn niJalifip.d tn examiner's sLement undertake the examination by being a qualffied member of linsert name of 2nnlirAhlp. li¢tprl hnrlvii nRIAIA r i rf nnf AnD1&hI0 I have completed my examination. I c4)nfim that r)0 material matters have come to my attention in connection with the examination (other than that rt¢¢rJr)qpA hAlnw ') whir.h nivp m•. fAI lP. tn hp.lip.vg. th#t in Anv rnatAriAI respect: the accounting records were not kept accordance with section 130 nf th• f.hAfit40¢ Aftl. nr the acc4)unts did not ac(x)rd with the accounting records" or the accounts did not comply with the appli(xble requirements n(%J.rnina thp. fnmi xnd rnnlg_nt nf arr.niintq qp. nijt in thp. .t1P.9 {Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter rx)nsidp.rp.rl % nart nf xn indp.rbp.ndp.nt p.Y2min2tinn I have no concems and have em)e across no other matters in connection with the examination to which attention should be drawn in this report in nrdp.r tn p.nAhlp. A nmnp.r iindp.rtAndinn rtf thp. atrniint tn hA rg.Ar.hp.rt - Please delete the words in the brackets rfthey do not apply. Signed: Datg: 08/02023 Name: Peter Hennem Rélévant professional qualiflcationls) or body IER Fe15ow of the Institule of Chartered Accountants in England and Wales Oct 2018
(if any):
Address: Bowen House, 108 Wangford Road, Reydon, Suffolk, IP18 6NZ
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose .
2
Oct 2018
IER
Trustees’ Annual Report for the period
From 1 October 2021 To 30 September 2022 Period start date Period end date
Charity name: INK
Charity registration number: 1175770
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the Arts for the public benefit |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Encouraging and nurturing the writing of new short scripts for stage and radio by emerging and established writers of all ages, the majority with an East Anglian connection, without distinction of sex, sexual orientation, age, disability, nationality, race or political, religious or other opinions. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Providing affordable local access to new drama and to raise awareness of the Performing Arts in East Anglia; Advancing the education of children in drama; supporting The Cut Performing Arts Theatre, Halesworth, Suffolk, and other like venues in their role in bringing performing arts to the community. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The next INK Festival is to be held in The Cut Arts Centre and surrounding venues in Halesworth, Suffolk, from April 13-17, 2023. At the 2022 Festival INK produced 50 new short plays for stage and radio. We continue to focus on providing opportunities for new writers and highly accessible short, sharp theatrical experiences for new and returning audiences. However, in 2021- 2022 we also put an emphasis on our young audiences via the hugely successful “Cuckoo” production dealing with County Lines and presented to secondary school pupils throughout Suffolk and Norfolk. We have also targeted bringing the businesses of Halesworth and the Halesworth Thoroughfare into our projects, and this is something we will be pushing forward with our free-to-all Sunday Funday event in the town during our 2023 Festival.The INK Festival goes from strength to strength with a bumper crop of emerging talent. London is not the only creative hub in the country.(Paul Hegarty Theatre- The Reviews Hub)INK is the seed-corn of theatre and of new writing…The world should pay attention to INK(Libby Purves) |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | INK's Reserve Policy is to target a minimum freely available cash balance of £1,000. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | After careful consideration, the Trustees consider this to be an adequate reserve to cover unforeseen contingences. |
| Amount of reserves held | Para 1.22 | £66,207 due, in part, to further carry- forward funds from cancellation of 2020 and 2021 Festivals |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charitable Incorporated Organisation |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | As above |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are elected and are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity Trustees (Para 10.1 (a) of the INK constitution). |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | INK |
|---|---|
| Other name the charity uses | INK Festival |
| Registered charity number | 1175770 |
| Charity’s principal address | INK Spot, Unit 10,The Cut Arts Centre 8 New Cut, Halesworth, Suffolk, IP19 8SY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Anthony Mackintosh |
Chair | |||
| Julia Sowerbutts | Artistic Director | |||
| John Bainer | ||||
| Alastair King | ||||
| Simon Cortenay Trewin |
– Corporate trustees names of the directors at the date the report was approved
Director name n/a
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| n/a |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
n/a |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
n/a |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
n/a |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| n/a | ||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
n/a
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Julia Sowerbutts | John Bainer | |
Trustee and Artistic Director |
Trustee | |
| 18 March 2022 | ||
| 18 March 2022 |