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2021-08-31-accounts

NW6 Arts

Report of the trustees

For the year ended 31 August 2021

Objectives and activities

NW6 Arts is a Charitable Incorporated Organisation (CIO) whose only voting members are its charity trustees. It was established for the advancement of arts and education for the benefit of the public by the promotion of literature and the arts, in particular, a literary festival in Queen’s Park and other activities as determined by the trustees.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Appointment of charity trustees

Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Achievements and performance

In 2021 the festival relaunched following the cancellation of the 2020 festival due to the Covid-19 pandemic. The festival enjoyed its most successful year to date, attracting hundreds of audience members from around London to the weekend of literary and spoken word events.

The festival benefitted from the significant progress it made in operational planning, new ecommerce systems, improved website functionality and effective marketing strategies. It built upon local partnerships, sponsor relationships, charity partnerships and relationships with schools.

New initiatives created as a result of funding from Brent 2020 London Borough of Culture and the National Lottery Awards included a Young Writers Award, expanded artistic programme and a fully funded scheme offering free tickets to every sixth form student in Brent. Next year the festival has the ambition of building on these initiatives and creating new ideas to embed the festival within the local community.

The festival’s key strategic priorities are: increasing operational sustainability; strengthening the festival’s financial position; and maintaining contact with the public throughout the year. The trustees aim to expand the board ahead of the 2022 festival to build on these strategic priorities and realise the festival’s ambitions for the future.

For the year ended 31 August 2021

Financial review

The charity ended the year with a surplus of £17,569 reflecting the careful management of funds throughout the year. With the change of festival dates from June to September, the Receipts and Payments accounts reflect the charity’s end of year 31 August 2021. It therefore does not account for all of the income and expenditure of the festival itself. With the change to the festival date, the trustees will change the charity’s year end so that the charities annual activities are better able to reflected within its Annual Accounts.

Policy on reserves

It is the policy of the charity to build up its unrestricted reserves to a sufficient level to cover the artistic costs of the forthcoming festival. Given the novelty of the festival and the charity, it is expected that these reserves will take a few years to build.

Approved by the trustees on 17 January 2021 and signed on their behalf by

Tho��� d� P�e�s��

Thomas Du Plessis

NW6 ARTS, RPA

R&P Accounts

Charity Name

NW6 ARTS
Charity Name

NW6 ARTS
Charity Name

NW6 ARTS
Charity Name

NW6 ARTS
Charity Name

NW6 ARTS
No (if any)
1180799
No (if any)
1180799
CC16a
For the period
from
01.09.2020 To 31.08.2021
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
Restricted
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Advertising & Sponsorship -
1,700-
-
--
-
--
-
1,700-
-
3,500-
Gift Aid -
--
-
--
-
--
-
--
-
752-
Individual Donors -
--
-
--
-
--
-
--
-
2,000-
Statutory -
2,000-
-
--
-
--
-
2,000-
-
18,000-
Ticket Sales -
2,342-
-
--
-
--
-
2,342-
-
--
Trusts & Foundations -
--
-
--
-
--
-
--
-
5,000-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total(Gross income for
AR)
-
6,042-
-
--
-
--
-
6,042-
-
29,252-
A2 Asset and investment sales,
(see table).
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total
Total receipts
A3 Payments
-
--
-
--
-
--
-
--
-
--
-
6,042-
-
--
-
--
-
6,042-
-
29,252-
Amplification & Tech -
4,002-
-
--
-
--
-
4,002-
-
--
Artist Honoraria -
--
-
--
-
--
-
--
-
150-
Design & Branding -
1,440-
-
--
-
--
-
1,440-
-
--
Festival Insurance -
--
-
--
-
--
-
--
-
364-
Marquee Hire -
1,222-
-
--
-
--
-
1,222-
-
1,123-
Misc Artist Expenses -
--
-
46-
PR Management -
1,000-
-
1,000-
-
500-
Printing Costs -
894-
-
894-
Security -
1,080-
-
1,080-
WC Hire -
858-
-
--
-
--
-
858-
-
--
Website Management -
216-
-
--
-
--
-
216-
-
1,148-
Administrative Costs -
593-
-
593-
-
769-
Auditing Fees -
900-
-
--
-
--
-
900-
-
900-
Website Hosting -
479-
-
--
-
--
-
479-
-
310-
**Sub total ** -
12,683-
-
--
-
--
-
12,683-
-
5,310-
A4 Asset and investment
purchases, (see table)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total
Total payments
Net of receipts/(payments)
A5 Transfers between funds
-
--
-
--
-
--
-
--
-
12,683-
-
--
-
--
-
12,683-
-
5,310-
-
6,642-
-
--
-
--
-
6,642-
-
23,942-
-
--
-
--
-
--
-
--
-
--
**Sub total ** - 12,683- - -- -- - -- -- - 12,683- - 5,310-
A4 Asset and investment
purchases, (see table)
- -- - -- - -- - --
- -- - -- - -- - --
**Sub total ** - -- - -- - -- - --
**Total payments ** - 12,683- - -- - -- - 12,683- - 5,310-
**Net of receipts/(payments) ** - 6,642- - -- - -- - 6,642- - 23,942-
A5 Transfers between funds - -- - -- - -- - -- - --

10/7/2021CCXX R1 accounts (SS)

1

NW6 ARTS, RPA

R&P Accounts

- 24,211- - -- -- - -- -- - 24,211- - 269-
- 17,569- - -- - -- - 17,569- - 24,211-

A6 Cash funds last year end Cash funds this year end

Section B Statement of assets and liabilities at the end of the period

-
24,211-
-
--
-
--
-
24,211-
-
269-
-
17,569-
-
--
-
--
-
17,569-
-
24,211-
f assets and liabilities at the end of the period
Categories
B1 Cash funds
Details
Cash in bank
Unrestricted
funds
to nearest £
-
17,569-
-
--
-
--
Restricted
funds
to nearest £
-
--
-
--
-
--
Endowment
funds
to nearest £
Cash in bank -
17,569-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Details
-
17,569-
-
--
-
--
OK
Unrestricted
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Restricted
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Cost (optional)
-
--
-
--
-
--
-
--
-
--
Cost (optional)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Amount due
(optional)
-
--
Endowment
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
When due
(optional)
-
--

10/7/2021CCXX R2 accounts (SS)

2

NW6 ARTS, RPA

R&P Accounts

- --
- --
- --
- --
Signed by one or two trustees on
behalf of all the trustees
Signature Print Name Date of
approval

10/7/2021CCXX R3 accounts (SS)

3