## **Trustees’ Annual Report for the period** ## **From 1 October 2022 To 30 September 2023 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 2023 INK Festival was held in The Cut
Arts Centre and surrounding venues in
Halesworth, Suffolk in April 2023. It
produced over 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. In recent years we have also
put an emphasis on our young audiences.
Building upon the hugely successful
“Cuckoo” production in 2022 dealing with
County Lines and presented to secondary
school pupils throughout Suffolk and
Norfolk we now offer a special 5thFestival
Youth Day accessed by secondary schools
throughout the area and attended by
hundreds of students. We have also
targeted bringing the businesses of
Halesworth and the Halesworth
Thoroughfare into our projects, and this is
something we continued to push forward
with our free-to-all Sunday Funday event in
the town’s market square.**_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|£32,650.70 which includes carry-forward
funds to maintain INK’s activities
throughout the year.| |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 Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity 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 (ifany)**| |---|---|---|---|---| ||Anthony
Mackintosh|Chair||| ||Julia Sowerbutts|Artistic Director||| ||John Bainer|||| ||Ben Elder|||| ||Rob Guildon|||| ||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)**|**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)** John Bainer **Full name(s)** Julia Sowerbutts **Position (eg Secretary,** Trustee and Artistic Director Trustee **Chair, etc)** **Date** 6 June 2024 **----- Start of picture text -----**
INK (From Pen to Performance 1175770
Receipts and payments accounts For the 01/10/2022 30/09/2023 CC16a
To
period
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
**----- End of picture text -----**
|**Unrestricted**

**Section A Receipts and payments**|**Unrestricted**

**Section A Receipts and payments**|**Restricted**
|**Endowment**
|**Total funds**|**Last year**| |---|---|---|---|---|---| |**funds**
**A1 Receipts**
**to the nearest**
**£**
Donations
**5,089**
Grants
**6,400**
Grants - Foyle Foundation
**5,000**
Fund RaisingEvents
**5,232**
Workshops
**240**
Ticket Sales
**36,722**
Sponsors
**5,400**
**-**
**_Sub total_**_(Gross income for_
_AR)_
**64,083**
**A2 Asset and investment sales,**
**(see table).**
**-**
**_Sub total_**
**-**
**_Total receipts_**
**A3 Payments**
Production Costs
**29,397**
Technical Costs
**1,500**
Office Costs
**3,826**
SUB CONTRACTED STAFF
**16,966**
DESIGN
**14,501**
Insurance
**475**
WEBSITE
**5,066**
Activities for Youth
**-**
See B5 Liabilites
**_Sub total_**
**71,731**
**A4 Asset and**
**investment purchases,**
**(see table)**
**-**
**-**
**_Sub total_**
**-**
**_Total paymentsNetof_**
**_receipts/(payments)_**
**A5 Transfers between funds A6**
**Cash funds last year end**
**_Cash funds this year end_**
**-**
**7,648**
**-**
**6,096**
**-**
**1,552**
**71,731**
**64,083**||**funds**
**to the nearest £**
**61,050**
**6,900**
**-**
**67,950**
**-**
**-**
**-**
**28,315**
**29,600**
**5,132**
**2,339**
**-**
**-**
**-**
**65,386**
**-**
**-**
**-**
**2,564**
**44,129**
**46,693**
**65,386**
**67,950**|**funds**
**to the nearest £**|**to the nearest £**
**5,089**
**67,450**
**5,000**
**5,232**
**240**
**36,722**
**12,300**
**-**
**132,033**
**-**
**-**
**-**
**57,712**
**31,100**
**3,826**
**22,098**
**14,501**
**475**
**5,066**
**2,339**
**-**
**-**
**-**
**137,117**
**-**
**-**
**-**
**-**
**5,084**
**-**
**50,225**
**45,141**
**137,117**
**132,033**|**to the nearest £**| ||||**-**||**4,362**| ||||**-**||**42,290**| ||||**-**||**5,000**| ||||**-**||**10,839**| ||||**-**||**920**| ||||**-**||**36,108**| ||||**-**||**13,825**| ||||**-**||**-**| ||||**-**||**113,344**| ||||||| ||||**-**||| ||||**-**||**-**| ||||**-**||**-**| ||||||**113,344**| ||||**-**||| ||||||| ||||**-**||**59,763**| ||||**-**||**32,409**| ||||**-**||**2,891**| ||||**-**||**19,291**| ||||**-**||**11,000**| ||||**-**||**485**| ||||**-**||**1,408**| ||||||**2,077**| ||||||| ||||**-**||| ||||**-**||| ||||**-**||**129,324**| ||||||| ||||**-**||| ||||**-**||| ||||**-**||**-**| ||||||**-**
**15,981**
**-**
**66,206**
**50,225**
**129,324**| ||**_f_**
**71,731**||**-**||| ||||**-**
**-**
**-**
**-**||| ||**-**
**7,648**||||| ||**-**||||| ||**6,096**||||| ||**-**
**1,552**||||| CCXX R1 accounts (SS) 25/05/2024 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**||**Details**|**Details**|||||**Unrestricted**
**funds**|**Unrestricted**
**funds**|||||**Restricted**
**funds**|**Restricted**
**funds**||||||**Endowment**
**funds**|**Endowment**
**funds**|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**B1 Cash funds**|||Barclays|||||~~**to**~~
**-**|~~**nearest £**~~
**1,552**|||||~~**to**~~|~~**nearest £**~~
**39,068**||||||~~**to nearest £**~~|||**-**|| ||||VAT Recoverable||||||||||||**7,625**|||||||||**-**|| |||||||||||**-**||||||||||||||**-**|| ||||**_Total cash funds_**|||||**-**|**1,552**||||||**46,693**|||||||||**-**|| ||||(agree balances with receipts and payments||||||||||||||||||||||| ||||account(s))||||OK|||||||OK|||||||OK||||| ||||||**Unrestricted**|||||||||**Restricted**|||||||**Endowment**||||| |||||||||**funds**|||||||**funds**|||||||**funds**|||| |**Details**||||||||**to**|**nearest £**|||||**to**|**nearest £**||||||**to nearest £**||||| |**B2 Other monetary assets**||||||||||**-**||||||**-**||||||||**-**|| |||||||||||**-**||||||**-**||||||||**-**|| |||||||||||**-**||||||**-**||||||||**-**|| |||||||||||**-**||||||**-**||||||||**-**|| |||||||||||**-**||||||**-**||||||||**-**|| |||||||||||**-**||||||**-**||||||||**-**|| |||**Details**||||||**Fund to which**
**asset belongs**|||**Cost (optional)**||||||||||**Current value**
**(optional)**||||| |**B3 Investment assets**|||||||||||||||**-**||||||||**-**||| ||||||||||||||||**-**||||||||**-**||| ||||||||||||||||**-**||||||||**-**||| ||||||||||||||||**-**||||||||**-**||| ||||||||||||||||**-**||||||||**-**||| |**Details**||||||||**Fund to which**
**asset belongs**|||**Cost (optional)**
**(optional)**||||||||||**Current value**||||| |**B4 Assets retained for the**|||||||||||||||||**-**|||||||**-**|| |**charity’s own use**|||||||||||||||||**-**|||||||**-**|| ||||||||||||||||||**-**|||||||**-**|| ||||||||||||||||||**-**|||||||**-**|| ||||||||||||||||||**-**|||||||**-**|| ||||||||||||||||||**-**|||||||**-**|| ||||||||||||||||||**-**|||||||**-**|| ||||||||Fund to|||||||Amount|||||||**When due**||||| ||**Details**||||||which|||||||due|||||||**(optional)**||||| |**B5 Liabilities**|||||||liability|||||||(optional)|||||||||||| ||||||||relates||||||||||||||||||| ||||||||||||||||||||||||||| |||||||||||||||||**-**|||||||||| |||||||||||||||||**-**|||||||||| |||||||||||||||||**-**|||||||||| |||||||||||||||||~~**-**~~||||Date of|||||| |Signed by one or two trustees on
behalf of all the trustees||||||||||||||||||||Approval
26/05/2024|||||| |||||||||||||||||||||26/05/2024|||||| CCXX R2 accounts (SS) 25/05/2024 2 CHARITY COMMISSION FOR ENGLU AND WALES Independent examiner's report on the accounts S+clioii A Iiidependeiit Examiner s Report Report to the trust•￿1 mornbBrs 01 INK (From P*n to P8rfcrnnc On •¢count• for th• y•*r •ndod 3010912023 Charity no {If any) 1175770 S•¢ ou¢ on pag•• 38ThJ4 I r8P)rt to th8 Irusl80$ on rny examin￿On of lh8 accwnts ol the &bo¥e tharily Trusl'l for Iho ye8f ond8d 3010912023 and Ag th8 chartly's tiusta&$. •r4 f•$ponBthl¢ for the prepwAlion of the #c￿￿ntS in a¢corfance Ihg reguiremanls of the Ch&rllies Aet 2011 I'l￿ Act'l, b•al* of r•ptsrt undar 80ctk)n 145 of lh8 2011 Act and sn carrytsw out my exarnlnatlon. I have foll￿d all Ihe applicable 05raCt￿n3 glvon by th• Charfty Commtsiion urK18r $8dion 145(SMbl ol thè Act. Ind•pond•nt I have Thvnplel8d my axamlnation. I conllmi that no malorlal matt•rs h8V •x•mln•rf• CC4n• to my a#&nibn in c¢¥tneC1￿ wrth thé •x4mln•tlon loth•r Ih*n that d19c108ed bebw'l whlch glvos me cause to bgllèv& that In, any mat•rf•l respect.. Ihe 4cct)uftllng rwds w• not kapt In soctkM 130 of the Charit189 Act.. or the accounts dld not ac4ord wlth the ac￿un￿Tr9 records., or lh• a¢covntB not coffiply wllh tl* 4pplIcab￿ requlremen¢8 concemlng th8 form ar￿ conleThl of 8rLounts Sel out ln the Charlt588 IAc¢ounls and Reports) Regulati￿$ 2008 other than any roqulr•m8nt that tho aecounls givo &'lrue ond fair, which is not o rnatter consid8r8d as part of an independent •x8mlnalicfi. I hav• no I￿n¢8m5 8nd hèva eomè across no olhèr mattérs In ctsnnectK)n with the examlnatSon lo whkh alt&ntSon shoukl ba drawn in this report in order lo enable 8 proper understandlng ol Ihe accounts to be reached. ' Ple8se d818te tM Kjrds in th8 brnckets rfthgy do not apply. 81on•d: Dat•: 25105r2024 Nam•'. Petsr Hennem R•b•vant prof•8#1onal quallflcatlonlsl or body Ilf any).. F•ll)w of the Institutè of Chartered Accountants in En9laThJ 8nd Wale8 Addm•'. Bo￿￿ Hou89. 108 W8n￿Ord Road, R•y(h)n, Suffdk, IP18 6NZ IER Oct 2018