REGISTERED CHARITY NUMBER.. 1177900
the Trn5te
and
Flnancl 15tateme
tor the Year End
31
ARTHOUSE
nllmlted
Bennewith 2018 Limited Istatutory Audrtor51
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU14XA

Content5 of the Financial Ststements
for the Year Ended 31 Ma
2024
Pa¢e
Chalrfs Report
Report oftheTrustee$
3 to 4
Reportof the IndèpendentAuditors
Statementot Financial ActSvFtles
Balance Sh#•t
Cash Flow Ststement
io
Notes to the Cash Flow StstÈment
li
Note5 to th¢ Flnanclal Statements
12 to 21
Detailed Ststement of Flnandal Acllvliles
22 to 23

ARTHOVSE Unllml
Chalr's Report
ar Ended 31 Ma 2024
forth
The speed the years go past 15 difficuh to believe. We have now competed 6 years as a charity that showcases the
artistic talents and skSlls of adults who live with diverse learning and physical disabilities. The charity empowers
Individu315 to create and collaborate, fostering a Sense of value, respect and pride. By promoting inclusion and
purpose, ARTHOUSE Unlimited believes in improving health and happiness. The charity depends on sales and
donatlons to continue providing new and inclusive opportunitie5.
But hS8h inflation and a weak high street has not made it any easier for us to sutteed this year. As you will see from
the financial results. we have managed to get an increase in income from our sales in total (through our High Street
shop, trade customers and online customers). The Artists are delighted to see how positively their work is received in
the marketplace around the country- and of course overseas as well.
The key to our charity is of course our studio and artists who come regularly. Over the last twefve months. the charlty
has continued to provide a high-level service supporting these individua15 achieved wlth a dedicated team of staff and
volurrteer5.
In our last report we outlined the ch3nge in the way our Arttsts had to pay for our service and that it might result in
challenges for some familie5 and individuals being able to continue to attend the sessions. We have been ￿tt5sured
that 80% of the individuals who attended sessions in the previou5 year havo contlnued to attend. We also have new
attendees all of whom are enjoying their experience and this of course includes the support of our dedicated Art
Instructors.
Both our inclusion officers are trained in the administration of emergenty medication for those artists who have lrfe
threatening seizures as well as first aid and personal care for all. They addition311y provSde emotioThal support to all the
artists daily some artists requiring extremely high SktrPPOrt.
We continue to deliver 71W subsidised placements during the week consirtin8 of art sessions, customer service roles as
shop assistants and role5 assisting with our online delivery tearn in our adjacent dispatch facility.
We employ 3 art instructor5 who lead the studio art $25sions with the inclusion officer5, SilPPOrting. This structure has
enabled us to continue the fundament31 work of the charity ensuring personal, emotional, physical and medical
requirerneThts are met in a safe and inclusive environment.
In Ortober of 2023 we tspened on Saturdays for the first time with an Art Instructor leadirTrg the moming and
afternoon sessions and an Inclusion Officer supporting. Due to weekend commitments for many individuals. we
implemented an "every other week" structure with two Bfoup5 alternatin8 each week. This provided the flexlbS1ity that
familie5 and individuals preferred and enabled the charity to work with more individuals. Our thanks to our generous
supporters who funded this start up until it wa5 self-funding.
We look forward to expanding Saturday'5 5es5ions further.
Annual Awards
We held our Annual Artists. Award Ceremony in December where each artist was recognised wlth a ttrtificate of
achievErnent and a party to celebrate. ThSs was another joyhjl event and an opportunity for the staff, volunteers and
parentsto join with the artists to honour the indlvidual and collective achievements the charity.
In the last year we have been able to show the artlsts, work on current and new products at two national trade show5
-Top Drawer at Otympia and the other the International Food Fair at the Excel certt￿. Artists were able to Visit and
tslk about their work.
ARTHOVSE Unlimited wa5 chosen as the charity partner of the Affordable Art Falr In May in Hampstead london where
we were able to exhibit a collection of artwork5 for sale, alongside prestlgSou5 galleries and artists. Several artists were
able to attend the fair and to see thelr work on display.
As a resuk of all our business endeavours we have been able to reduce our long-term debt. and we are so pleased to
pay back the Government Covid Loan thanks to a generous dor40r.
Page I

ARTHOUSE
Chalrfs Re
forthe Year Ended 31 May ZQU
The future is looking strong, and we are entering our new year with great enthusiasm. We have a strong and
dedicated team of employees who are the key to our succe55 a5 a charity. Our leader - Becky Sheraidah FRSA- has
been managing the charity since 2(K)S and we are grateful for her longterm and successful artistic direction.
There have seen some major moves on the Trustee Board. We were sad to see Jonathan Pepper retire but he ha5. 1 am
pleased to say. stayed on as a very active and valuable volunteer. Joanna Nagel also retired. she helped u5 to be so
active in Art Shows in London amongst everything else She did for us. Also to retire after his S-year contribution was
Steve Longdon one of the key handlers of the separation from the Meath Epilepsy Charity We are delighted that new
Trustees have joined us...David lukes, Zoe Marsden. J850n McEachran and lan Stokes. Al bringing their special
capability and knowledge with them to the Charity.
Dr Colin Stokes M8E
Chairman of Trustees
Page 2

ARTrIOUSE Unlimrled
ort of the Trustees
Ended 31 Ma 2024
STRUCTURE. GOVERNANCE AND MANAGEMEfr
Governing do¢ument
The charity is controlled by hs goveming documenL a deed of trust and constitutes an unincorporated charity.
RÉFÈRENCE ANO ADMINisfRATIVE DEfAILS
Reglstered Charlty number
1177900
Prln¢lpal address
96 High Street
Godalmin8
SUr￿Y
GU7 IDW
Trustees
Dr Colin Stokes MBE
Jonathan Pepper (resigned 23.7.231
Anna Coss
Stephen Longdon Ire5igned 12.7.231
Joanna Nagel (resigned 7.2.241
Zoe Alice Marsdelb (appointed 19.3.241
David Charles Jukes lappointed 21.9.231
lan Stokes (appointed 15.2.241
Audltors
8ennewlth 2018 Limited IStatutoryAudltOf51
Upper Ground Floor
18 Farnham Road
Guildford
Surrev
GU14XA
STATEMENT OFTRUSTEES. RESPONSIBILITIES
The trustees are responsible for preparing the Annual Report and the financial ststements in accordance with
applicable law and United Kingdom Aecounting Standèrds Iunited Kingdom Generally Accepted Accountlf8 Practice).
The law applicable to charities in England and Wales. the Charities Act 2011. Charity (Accounts and Reports)
Reeulations 2008 and the provisions irf the trust deed requires the trustees to prepare financlal statsments for each
financial year which give a true and fair view of the 5tste of affairs of the charity and of the incoming resource5 and
application of ￿SourCes. including the income and expenditure. of the charity for that period. In preparing those
financSal statements. the trustees are required to
select suttable accounting policies and then apply thern consistently,.
observe the methods and principle5 in the Charity SORP,.
make judgements and estimate5 that are reasonable and prudent,.
state whether applicable accounting standards have been followed, subject to any materlal departures disclosed
and explained in the financial statements-,
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charty
will continue in business.
Page 3

Re
rt of the Trustee5
forthe Year End d 31 Ma
2024
STATEMENT OFTRUSTEES, RESPON51BIUTIES- continued
The trustee5 are re5pon5ible for keeping proper accounting record5 which disclose ￿th reasonable accuracy at any
time the financial position of the charity and to enable them to ensure that the financial statements tomply with the
Charities Act 2011, the Charity IAccount5 and Reports) Regulations 2008 and the provisions of the trust deed. They are
also responsible for safeguarding the assets of the charrty and hence for taking reasonable Steps for the prevention
and detertion of fraud and other irregularitie5.
Approved by ord
f the board of trustees on.....
and signed on its behalf by..
Dr Colin Stokes MBE- Trustee
Page 4

the Ind
ART
dentAu
itors to theTrustees of
OUSE Unlimlted
Opinion
We have audited the financial statements of ARTHOUSE Unlimited (the 'charity'l for the year ended 31 May 2024
which cornprise the Statement of Financial Activities, the 8alance She￿, the Cash Flow Statement and notes to the
financial statements. including a Summary of significant accounting policie5. The financial reporting framework that
has been applied in their preparation is applicable law and United Kin8dom Accounting Standard5 lun￿1 Kingdom
GernerallyAccepted Accounting practi￿).
In our opinion the financlal statements..
give 3 true and fabr view of the state of the charity'5 affairs as at 31 May 2024 and of its inctsrning resources and
application of resources, ftsrthe year then ended,.
have been properly prepared in accordance with United Kingdom GeTheral￿ Accepted Accounting Prattice.. and
have been prepared in accordance with the requi¥ements of the Charities Act 2011.
Basls for oplnron
We conducted our audlt In accordance with Intemational Standards on Audttin8 IUKI IISAS IUKII and applicable law.
Our responsibilities under those stsndards a￿ further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charity in accordan￿ with the ethical
requirements that are felevant to our audit of the financial statements in the UK, including the FRC'5 Ethical Standard,
and we have fulfilled our other ethlcal responsibilities in accordaTrce with these requirements. We believe that the
audlt evidence we have obtslned is Sufficient and appropfiate to provide a basis for our opinion.
Concluslons relatSngto golng COn￿M
In auditing the financial statements, we have concluded that the tru5tees' use of the 8oin8 concern basis of accounting
in the preparation of the financial ststements 15 appropriate.
ased on the work we have performed, we have not identified any material uncertainties relating to event5 Qr
tonditlons that. individually or collectively. may cast significant doubt on the charity'5 abtlity to contlnue as a going
Concem for a period of at least twelve months from when the financial statements are auth0ri5ed for issue.
Our responsibilities and the responsibil¢ties of the trustee5 Wlth respect to going concern are described In the relevant
5ection5 of this report.
Other Infomiati¢>n
The trustee5 are fesponsible for the other information. The other information comprises the information included in
the Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial staternents does not cover the other informatton and, except to the extent othen¥fse
explicitly stated in our report. we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial st3tements, our re5POnsibi1ity is to read the other information and, in
doing so. consider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material mi55tatements, we are required to determine whether this gives rlse to
material mi5Statement in the financial statements thern5elves. If, based on the work we have perforrned, we conelude
that there is a material misstatement of thi5 Other information, we are required to report that fact. We have nothing
to report in this regard.
Matters on which we are required to report by exceptlon
We have nothing to report in respect of the Following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustees is inconsistent in any materfal respect with the financlal
statements., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accountlng records and returns,. or
we hève not received all the information and explanaisons we requife fof our audit.
Page 5

rt otthe Inde ende
to the Trustèes of
ARTHOUSE Unll fjled
Re5pon$iWlltles of trustees
A5 explained more fully in the Statement of Twustees. Responsibilities. the trustees a￿ responsible for the preparatlon
of the fi'nancial statements which give a true and fair view, and for such illtemal control as the trustees determine is
necessary to enable the preparation of financlal statements that are free frorn materSal misstatement. whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assesslng the charity's ability to continue as a
going concern. discloslng, as applicable. matters related to goin8 concern and using the going concern basis of
accournting unless the trustees either intend to liquidate the charlty or to ￿3$e operations. or have no realist5c
a￿ernatIVe but to do so.
Our re5ponsibilltles forthe audtt of the ffnanclal slatements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report In accordance with the
Act and relevant regulation5 made or having effectthereunder.
Our objectives are to obtsin reasonable assurance about whether the financial ststements as a whole are free from
mateiial misstatement, whether due to fraud or error. and to issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assurance. but 15 not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misst3tement when It exists. Misstatemenis can arise from
fraud or error and are considered materi31 if. individually or in the aggregate, they could reasonably be expetted to
influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedu￿$ are capable of detecting irregularities, including fraud is detailed below..
We obtained an under5tsnding of the legal and regulatory frameworks ihat are applicable to the entity and
determined the most S￿nifICant are those that relate to FRS 102 Section IA, pension laws and regulations and tax
regulation5.
We assessed the risk5 of rnaterial rnis5tatement in respect ol fraud as follows..
Enquiries made of management and those charged with governance a5 well as the payroll serwces
- Analytical procedures were used to identrfy if there were any unusu31 or unexpeLted relationships
Discussions with management to identify any fraud risk fatt0￿ of related party relationships and transactions
Based on the resu￿$ of our risk assessment we designed our audit procedures to identify non-compliance with wch
laws and regulations identified above.
Enquiries were made of management and those charged with 8overnance. We corroborated our enquiries through
the review of Board minutes and other papers provided. There was no contradictory evidence.
We considered the risk of fraud through mana£ement override and, in response, we incorporated testing of manual
journal entries into our audit approach. We tested year end journals as well as journal entries throughout the year.
There were no transactions identified outside the normal course of busine5S.
Based on the results of our risk assessment we designed our audit procedures to identify and to address material
mi55tatemefits in relation to fraud. We incorporated an elernent of unpredictab¢lity in the selettion of the nature,
tlmln& and extent of audh procedures.
Where transaction meeting risk criteria were identified. we carried out further work such as additional testing to
source information.
A further description of our responsibilities for the audit rjf the financial statements is located on the Firnancial
Reportin8 Council's website at www.frc.org.uk/auditorsiesponsibilities. This description forms part of our Report of
the Independent Auditors.
Page 6

Re
ort of the Inde
ndent Audltors to the Tru
ARTHOUSE Unlimlted
Use of our report
This report is made 501ely to the charity's trnstees, as a body. in accordance with Part 4 of the Charities (Accounts and
Reports) Regulations 2008. Our audit work ha5 been undertaken so that we might state to the charity's trustees those
matters we are requiTed to state to them in an auditors, report and for no other purpose. To the fullest exter¢t
pemitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
trustees as a body, for our audit work. for this report. or for the oplnions we have formed.
Bennewith 2018 Limtted1Statutory Auditors)
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU14XA
Date..
Page 7

ARTHO
statement of Flnanclal Artivrll
ftsrthe Year Ended 3.1 M 2024
31.5.24
Totsl
funds
31.5.23
Total
funds
Urnrestricted
funds
Restrirted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donation5 and legacies
81.508
42.058
123,566
125,366
Charitable activities
Shop sales
Comrni55itins
Online retail sales
Trade sale5
Art sessions
Corporate gift sales
Original sales
43,459
164.181
124.931
822.890
97,255
31.611
24.330
43,459
164,181
124,931
822,890
97.255
31,611
24,330
40,237
36,008
126.412
824.676
97.430
16.392
15.604
Investment income
Other income
2.472
2￿
2,472
200
596
Total
1,392,837
42,058
1,434,895
1,282,721
EXPENDtWRE ON
Raising funds
18,939
18,939
18,354
Charitable activities
Goods Purchased for Resale
Miscellaneous Purchase5
Packaging and Carriage
Marketing and PR
Courier Fees
Package and Carriage- Trade Sales
Artist Materials
Fundraising expenses
Trade show costs
576,952
7,990
9,055
52,603
3.949
49,998
1.669
576,952
7,990
9,055
52,603
3,949
49,998
1.669
524,160
4,353
17,636
14,192
53,078
1.851
417
30.147
20.853
20,853
Other
584,973
28.873
613.846
575.279
Total
1,326,981
28,873
1,355.8S4
1,229.467
INCOME
65.856
13,185
79,041
43,254
RECONCIUATION OF FUNDS
Total fund5 brliught forward
247,491
15,210
262,701
219,447
TOTAL FUNDS CARRIED FORWARD
313,347
28,395
341,742
262,701
The notes forni part of these financial 5taternent5
Page 8

RTHOUSE Unll l ed
8alance Sheet
31 May 2024
31.5.24
Total
funds
31.5.23
Total
funds
Urnrestricted
funds
Restrleted
funds
Notes
AXED A55ET5
Tangible assets
14
15,166
15,166
17,175
CURRENT ASSETS
Stocks
Debtors.. amounts falling due within one year
Prepayments and accrued income
Cash at bank
15
16
113,463
157,235
13,965
203,010
113.463
157,235
13,965
231,405
132,490
104,278
10,777
252,657
28.395
487.673
28,395
516,068
500.202
CREDThORS
Arnounts falling due within one year
17
1152,2651
1152.2651
1155,4671
NET CURRETrTh ASSErs
335,408
28.395
363,803
344.735
TOTAL ASSEfs LESS CURRENT UABIUTIES
350,574
28.39S
378,969
361,910
CREDITORS
Amounts falling due after more than one year
18
137,2271
137.2271
199.2091
NET ASSETS
313,347
28,395
341,742
262.701
FUNDS
Unrestritted funds
Restricted funds
19
313,347
28,395
247,491
15,210
TOTAL FUNDS
341.742
262,701
The financial statements were approved by the Board of Trustees and authorised for Issue
. and were si8ned on ￿ behalf by..
on
Dr Colln Stokes MBE- Trustee
The notes form part of these financial statemerts
Page 9

ARTHOUSE Unll Ited
Cash Flow Statement
for the Year Ended 31 Ma
2024
31.5.24
31.5.23
Note5
Cash flows from OPera￿n8 arthAtles
Cash generated from operations
117,6551
25,043
Net cash (used ¢nl/provided by operating activities
117.6551
25.043
Cash flowsfrom Investing artivttles
Purchase of tangible fixed assets
Sale tsf tangible fixed assets
13,7971
2CMI
13.7361
6,797
Net cash lused inllprovided by investing activitles
13,5971
3,061
Chan8e In cash and ￿$h equlvzlents in the
reportlng period
Cash and cash equlvalerrts at the beginning
of the r¢portln8 perlod
121,2521
28.104
252,657
224,553
Cash and cash equivalènts at the end of
the reporting period
231.405
252.657
The notes form part of these financial statements
Page 10

ARThOU
Illmlted
Notes to the Cash Flow Stateme
for the Year Ended 31 May 2024
RECONCIUATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVMES
31.5.24
31.5.23
Net Income for the reporti￿￿ perfixl las perthe Statement of Flnanclal
Activitie51
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
Decrease in stocks
Increase in debtors
IDecreasellincrea5e in creditors
79.041
43,254
5.805
12001
19.027
156.1441
165.1841
18.354
142,9591
sso
Net cash lused Inl/pmMded by operations
117,6551
25,043
ANALY515 OF CHANGES IN FUNDS
At 1.6.23
Cash flow
At 31.5.24
Net cash
Cash at bank
252.657
121,2521
231,405
252,657
121,2521
231,405
Total
252.6S7
121.2521
231,405
The notes form part of these financial ststements
Page 11

ARThOUSE
Notes to the Finantlal Statements
for the Year Ended 31 Ma
2024
ACCOUNTING POUCIES
Basls of preparing the financlal statements
The financial statements of the charity. which is a public benefrt entity under FRS 102, have been prepared in
accordance with the CharStSes SORP IFRS 1021 'Accounting and Reportin8 by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applScable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK Ènd Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical mst convention.
Income
l income is recognSsed in the Statement of Financial Attlvlties once the charity has entitlement to the funds.
it is probable thai the income will be received and the amount can be measured ￿lIably.
Legacies are accounted for when received.
Expendlture
Liabilities are recognised as expendlture as soon as there is a legal or constructive obligation comrnittlng the
char]ty to that expenditure, it 15 probable that a transfer of economic benefits will be required in Settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and has been classified undeT headin8S that aggregate all cost related to the tatÈgory. Where costs cannot be
dirertly attributed to particular headSngs they have been allocated to activities on a basis c0ft5i5tent with the
use of resources.
Stock consists of good for resale. Stocks are valued at the lower of cost and net ￿alIsable value.
Taxation
The charity is exempt from tax on tts charitable activities.
Fund a¢¢ountlng
Unrestricted funds can be used in accordance wrth the charitable objectives at the dis¢￿tIOn of the trustee5.
Restricted funds can only be used for partlcular restricted purposes within the objects of the charity.
Restrictions arise when specified bythe donor or when funds are raised for particular restrlcted purposes.
Further explanation of the nature and purpose of each fund 15 included in the notés to the financial
statements.
Penslon ¢0#$ and other post-reiiremeni benefftts
The charty operates a defined contribution pension scheme. Contributions payable to the charity's pension
scheme are charged to the Statement of Financial Activitie5 in the period to which they relate.
Boun￿ back loan scheme
The Charity received Government 5UPPOrt during the year ended 31.05.2021 in the form of the Bounce Back
Loan Scheme. Some payment5 have been made In the current period and the remaining balance at the year
end is £Nil.12023.. £43,981.52).
Page 12
contlnued...

ARTHOUSE Unlimlted
Notes to the Flnanclal Ststements- ¢ontlnued
forthe Year Ended 31 May 2024
DONATIONS AND LEGACIES
31.5.24
31.5.23
Donations
Gift aid
Grants
71.508
124,018
1,348
52,058
123.S66
125.366
Grants received. included in the above, are as follows..
31.5.24
31.5.23
Reaching Comm
Garfield Westorn
ChildwickTrust
22,058
20,(KKJ
iO,(KKJ
52,058
INVESTMENT INCOME
31.5.24
31.5.23
Investment income
2.472
596
INCOME FROM CHARITABLE ACTWMES
31.5.24
31.5.23
Acrivlty
Shop sales
Commissions
Online retail sales
Trade sales
Art sessions
Corporate gift sales
Original 5ale5
Charitable Activitie5
Charitable Activities
Charitable Activities
Charitable Activities
Charitable Activities
Charitable Activities
Charitsble ActNities
43.459
164.181
124.931
822,890
97.255
31,611
24.330
40,237
36,008
126,412
824.676
97.430
16.392
15,604
1,308,657
1,156.759
Page 13
continued...

ARThOU5E Unll Ited
Notes to the Flnanclal Ststements- corrtinued
forthe Year Ended 31 Ma
2024
RAISING FUNDS
RaI￿n8 donatlons and le8acie5
31.5.24
31.5.23
Support costs
180
OthertradSn8 athvltles
31.5.24
31.5.23
Opening stock
Closing Stock
Support costs
132.490
1113,4631
12681
150,844
1132,4901
18,759
18,354
Aggregate amounts
18,939
18,354
CHARffABLE A￿1VITIEs C05rs
Direct
Costs
Goods Purchased for Resale
Miscellaneous Purchases
Packaging arsd Carriage
Marketing and PR
Courier Fees
Package and Carriage- Trade Sales
Artist Materials
Trade show costs
576,952
7,990
9.055
52.603
3,949
49,998
1,669
20.853
723.069
SUPPORT COSTS
Govemance
costs
Other
Totals
Raising donations and legacies
Other trading activities
Other resources expended
180
12681
137.211
12681
145.211
137,123
145.123
Page 14
continued...

ARThOU
Unllmlted
Notes to the Financlal Ststements- contlnu
forthe Year Ended 31 May 2024
AUDITORS. REMUNERATION
31.5.24
31.5.23
Fees payable to the chartty's auditors forthe audit of the charity's financ(al
statements
Audltor5' remuneration for non audit work
4.400
3.600
4.400
TRUSTEES. REMUNERATION AND BENEFITS
The￿ were no trustees. remuneration or other benefits for the year ended 31 May 2024 nor for the year
ended 31 May 2023.
Trustees, exptnses
During the year £Nil was reimbursed for expenses. £Nil in the previous year.
io.
STAFF COSTS
2024
2023
Wage5 and salarie5
Social security
Pension costs
Other staff costs
382.811
33,497
23,IXII
5,745
375.110
28,510
18.330
3.354
Total
457,121
425.305
The average monthly number of employees during the yearwas as follows:
2024
16
2023
18
Staff
The nurnber of employees whose employee benefits (excludin8 employer pension costs) exceeded £60.(KK>
was..
2024
2023
£80,000- £90.000
ii.
COMPARATIVES FOR THE STATEME￿ OF FINANCIALAcnvmES
Unre5trirted
funds
Restricted
funds
Totsl
funds
INCOME AND ÉNDOWMENfs FROM
Donations and legacies
80,659
44,707
125.366
Charitable activffÉles
Shop sales
Commissions
Online retail 5ale5
Trade sales
Art sessions
Corporate gift sale5
ortginal sales
40,237
36,(JJ8
126,412
824,676
97,430
16,392
15,604
40,237
36,008
126,412
824,676
97,430
16,392
15,604
Page 15
continued...

ARThOU5
mfted
Notes to the Fing.nclal Statements- corÉlw
rthe Yea¥ Ended 31 May 2024
ii.
COMPARATIVES FOR THE STATEME*￿ OF FINANCIALACTIVITIES- contlnued
Unrestricted
funds
Restricted
funds
Totsl
lunds
Investment income
596
596
Totsl
1,238,014
44.707
1,282,721
EXPENDITURE ON
Raising fund5
18.354
18,354
Charitsble actkntles
Goods Purchased fo¥ Resale
Mis￿lIaneOUS Purchases
Packaging and Carriage
Marketing and PR
Package and Carriage-Trade Sales
Artist Materials
Fundraising expense5
Trade show costs
524,160
4,353
17,636
14,192
53,078
1,851
524,160
4.353
17,636
14.192
53.078
1,851
417
30,147
417
30.147
Other
502.560
72,719
575.279
Total
1.166.331
73.136
1,239,467
INCOMEIIEXPENDIWREI
71.683
128.4291
43,254
RECONCIUATION OF FUNDS
Total funds brought forward
175,808
43,639
219,447
TOTAL FUNDS CARRIED FORWARD
247.491
IS.210
262,701
12.
KEY MANAGEMENT
The total amount of employee benefits received by its Key Management personnel was £88,373 12023..
£S9,36SI.
Page 16
continued...

ARTHO
Notes to the Financlal Staternents- contlnued
forthe Year Ended 31 Ma
2024
FUTURE COMMITMEfrirs
At 31 May 2024 the Charity had annual commitments undei operating leases as follows..
96 High street
Vehicle
Unit 2 Angel Court
Total 2024
Total 2023
Within one year
Wlthirn 2-5 years
More than 5 years
35,OLY)
126.863
3,637
6,668
13,000
34,049
51,637
167,581
38,637
172,168
Total
161,863
10.305
47,049
219.218
210,805
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipment
Totals
COST
At l June 2023
Additions
Disposals
37,435
3,797
11,yJoi
8,457
45,892
3,797
11,9(M)I
At 31 May 2024
39,332
8,457
47.789
DEPRECIATION
At l June 2023
Charge for year
Eliminated on disposal
22,511
4,482
11,9001
6,2(
1,324
28.717
5.806
11.9001
At 31 May 2024
25,093
7,530
32,623
NET 8OOKVALUE
At 31 May 2024
14.239
927
15.166
At 31 May 2023
14,924
2.251
17.17S
Depreciation is provided at the following annual rates in order to write off the cost less estlmated re5idval
value of each asset over its estimated useful life.
Furniture, flttin8s and tsffite equipment
20￿33.3% straight line
Pa8e 17
continued...

ARThOUSE Unlimrled
Notes to the Financial Statements. corrtlnued
for the Year Ended 31 M 2024
STOCKS
31.5.24
31.S.23
Goods held for resale
113,463
132,490
16.
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24
31.5.23
Trade debtors
VAT
149,643
7,592
104,278
157,235
104,278
17.
CREDITORS.. Amou￿ts FALUNG DUE WITHIN ONE YEAR
31.5.24
31.5.23
Trade creditors
Taxation and social security
Other creditors
122,958
4,473
24.834
38,630
19,592
97.245
152,265
155,467
i&
CREDITORS: Amoumfs FALUNG DUE A￿ER MORE THAN ONÉ YEAR
31.5.24
31.5.23
Other cieditors
37,227
99,209
19.
MOVEMENT IN FUNDS
Net
movement
in fund5
At
31.5.24
At 1.6.23
Unrestricted funds
General fund
247,491
65,856
313,347
Restrlcted funds
Wates foundation
Philip King CharitableTru5t
Garfield Weston
2,710
12,500
12,7101
14,1051
20,0(X)
8.395
20.000
15,210
13,185
28,395
TOTAL FUNDS
262.701
79,041
341,742
Pa8e 18
continued...

ARTrIOU
E Unllmited
Notesto the Flnanclal siatèments- contlnued
for the Year E_nded 31 May 2024
19.
MOVEMENT IN FUNDS- continued
Net movement In fund5. included in the above are as follows-.
Incoming
resources
Resour￿5
expended
Movement
in funds
Vnrestrl¢ted fiJnd5
General fund
1,392,837
11,326.9811
65,856
Restricted funds
Wates foundation
Philip King CharitableTrust
Reachin8 Community
Garfield Weston
12.7101
14,1051
122,0581
12.7101
14.1051
22,058
20.000
20,0(K)
42.058
128,8731
13,185
TOTAL FUNDS
1.434,895
11,355.8541
79,041
Comparatfves for movement Sn funds
Net
movement
in funds
At
31.5.23
At 1.6.22
Unre$trlcted funds
General hjnd
175,808
71,683
247.491
Restrlrted funds
Awards for all
Fundraising
Artlst fund
Big Issue
Wates foundation
Philip King CharitableTrvst
4,722
417
i.S(KJ
31.000
14,7221
14171
11,5001
131,(L)01
13,2901
12.500
2.710
12,5(X)
43,639
128,4291
15,210
TOTAL FUNDS
219.447
43.254
262.701
Page 19
continued...

ARTHOUSE Unlimited
Note5to the Flnanclal Statements- continued
for the Year Ended 31 Ma
2024
19.
MOVEMENT IN FUNDS-continued
Comparative net movement in fund5. included in the abtsve are as follow5.'
Incoming
resource5
Resources
expended
Movement
in funds
Unrestrlrted fvnds
General fund
1,238,014
11,166.3311
71.683
Restricted ft4nds
Award5 for all
Fundraising
The National Lottery Cornmunity Fund
Artistfund
Big Issue
W3tes foundation
Philip Kin8 Ch3ritableTrn5t
14,7221
14171
132.2071
11,5WI
131.0(K)I
13,29Jl
14.7221
14171
32.207
11,5001
131.0001
13.2901
12.500
12,S(KJ
44,707
173,1361
128,4291
TOTAL FUND5
1.282.721
11.239.467)
43,254
A eurrent year 12 months and prior year 12 months combined position 15 as follow5..
Net
rnovernent
in funds
At
31.5.24
At 1.6.22
Unlestric￿d funds
General fund
17S,808
137,539
313.347
Restrlrted fvnds
Awards for all
FundraisinR
Artist fund
Bi8 Issue
Wates foundation
Philip King CharitsbleTrust
Garfield Weston
4,722
417
1.500
31,000
14,7221
14171
11.5001
131.0001
16,0001
8,395
20,000
8,395
20,(KK)
43,639
115.2441
28,395
TOTAL FUNDS
219,447
122.295
341.742
Page 20
continued...

ARTHOUSE Unllmfted
Notestothe Flnanclal Statements- continued
forthe Year Ended 31 ma.y 2024
19.
MOVEMENT IN FUNDS- continued
A Current year 12 months and prlor year 12 months comblneLI net movement fund5, included in the above
are 85 follows..
Incoming
resources
Resources
expended
Movement
in fvnds
Unrestrl¢ted fund5
General fund
2.630.851
12,493,312)
137,539
Re5trided funds
Awards for all
Fundrai5in8
The National Lottery Communlty Fund
Artist fund
Big Issue
Watos foundatlon
Philip King CharitableTrust
Reathing Community
Garfield Weston
14,7221
14171
132,2071
11,S(K)I
131,INJOI
16,0Tr)1
14.1051
122.0581
14.7221
14171
32.207
11.5001
131.0001
16,0(Kil
8.395
12,500
22,058
20,000
20.(KKJ
86,765
1102,(M191
115,2441
TOTAL FUNDS
2,717,616
12.595.321)
122,295
20.
RELATED PARTY DISCLOSURES
10,00012023.- NIL) water bottlè5 were sold to Univar Solutions Inc where one of the trustees is a presldent and
CEO. The total transaction induding carriage comes to £136,60512023.. NIL and was condutted at arm's length.
21.
ULTIMATE CONTROLUNG PARTY
The Board of Tnjstees are considered to be the ultlmate Controlling party.
22.
FUNDS
General Fund
The general fund is used for the day to day running of the Charitv.
Wates Foundatlon
Reeelved for the provision of support work training for the Art Instructors.
Phlllp King CharltableTNst
This fund is for renovating existing studio 3nd shop space at 96 Angel Court. This indudes flexible moveable
fixtures that have longevitythat can move with AHU if AHU moves one day.
Garfield Westorl
This wa5 a grant to provide funding for sessions.
Reathlng Community
This is the final year of the National Lottery Grant to support salaries for inclusion staff to enable the expansion
of Art sessions to Saturdays.
Page 21

ARTHOUS
Unllmlted
Detalled Ststement of financsal Artlvlties
lorthe Year Énded 31 Ma
2024
31.5.24
31.5.23
INCOME AND ENDOWMETr¥rs
Donatlons and leBacles
Donations
Gift aid
Grants
71,508
124.018
1.348
S2,OS8
123,566
125,366
Invertment In¢ome
Investment income
2,472
596
Charltable a¢Wvltles
Charhable Activttres
1,308.657
1,156,759
Other Income
Galn on sale of tangible fixed assets
200
Total In¢omlbW resources
1.434,895
1,282,721
EXPENDITURE
Other tradlngactlvities
Opening stock
C105ing stock
132.490
1113.4631
150,844
1132,4901
19,027
18,354
Charitable artivities
Marketing and PR
Artist materials
Goods purchased for sale
Carriagelcourier
Packaging and carriage
Miscellaneou5 purchases
Trade show costs
Design
42,926
1,669
576,952
3,949
59,053
7,990
20,853
9.677
14,609
1,851
518,858
12.6S6
63,360
4.353
30.147
723,069
645.834
Other
Wages
Social security
Pensions
Bank charges
Professional fees
Carried forward
382,811
33,497
20,632
3.547
13.496
453,983
427,837
4,881
13,392
446,110
This pa£e does not form part of the statutory financial statements
Page 22

ARTHOUSE Unlimit
Detsiled Statement of Flnancial Artrvitles
tor the Year Ended 31 Ma
2024
31.5.24
31.5.23
Other
8rought forward
Other staff costs
Loan interest
Depreciation of tsngible fixed assets
453,983
8,290
557
5,805
446,110
468,635
451.954
Support cost5
Other
Insurance
ght and heat
Telephone
Sundries
Rent and rates
T￿Ve111Thg
Printing and stationery
Maintenance, equipment hire an d rental
4,865
12,352
29,294
8.861
51.442
7,949
4,375
17.985
864
5,552
28,631
13.103
50.954
9.416
1251
6.830
137.123
115.325
Governance c05tS
AudY(ors' ￿M￿neratIOn
Auditors, remuneration for non audffc work
4,400
4,4CM)
3.6
Total resources expended
1,355,854
1.239.467
Net rncome
79,041
43,254
This page does not fomi part of the statutoryfinancial statements
Page 23