Charity regrstratiott number 1180816 (England and Walesl
Company registration number 06669673
ARTREACH (TRUST) LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ARTREACH (TRUST) LTD
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
N Popat
C Stafford
E Hooper-srnith
S Patel
M Reza
rtior manaKemÈnt
P Steele
Chief Executive o￿lCer
Charity number
1180816
Cc*mpany number
06669673
Registered ofFicÈ and
principal address
LCB Depot
31 Rutland Street
Leicester
LEI IRE
Independent examiner
Thoma5 Mrfield BA FfA
Mayfield & Co
2 Merus Court
Meridian Business Park
Leicester
LE19 1

ARTREACH {TRUST) LTD
CONTENTS
Page
Trustees report
IndependÈnt Èxaminer's report
Statement of financial activities
io
Balance sheet
li
Statement of cash flows
12
Note5 to the financial staternents
13-23

ARTREACH {TRUST) LTD
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORTI
FOR THE YEAR ENDED 31 MARCH 2025
The tru#ees present their annual report and financial staternentsforthe year ended 31 March 2025.
The financial 5tatemÈnts h3ve been prep8rÈd in actordance with the accounting policie5 set out in note I ttr the financial
staternents 2nd comply with the charity'5 govÈrning document, the Companies Act 2006 and Accounting and Reporting by
Charitie5- Statement of Recommended Pratti¢e appIl￿ble to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK 2nd Republic of Ireland IFAS 1021" (effective l January 20191.
This Annual Report TepresentsArt Re)ch (the trading name of ArtReach (Trust) Ltd., a registered charity.
N¢te that ArtReach tTrustl Ltd's wholly owned subsidiary, ArtReach IEventsl Ltd was officially dissolved on 16 July 2024
through voluntary strike-off.
The￿tts￿, these accounts are not Consolidated due to the dissolution of the subsidiary.
Objectives and activities
ThÈ charity's objetts Ithe 'Objects'l are to promote. maintain, improve and advance education by the encouragement of the
arts through research, desi8n. creation, produttion and delivery of performin& visual, street and digital arts and 3sso£iated
activity.
Mission/Purp05e
Connetting cultures throu8h extraordinary art
Art Reach..
values brave voices and arnplifies them
value5 cultural growth and delivers it
values vibrant change and creates it

ARTREACH (TRUST) LTD
TRUSTEES REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Str•tegiesfor Achieving Objertives
What we do
WÈ commission bold, ambitlOUS art and festlV31s that bring people together, delivering acrivities and authentic experiences
that unify art, audience5 and Cultu￿5.
We empower a Rnge of artistic voices thÈt excite and surprise with fresh ener8y and new ideas. Together we explore complex
pasts, reshape the prÈsent and imagine new futures. We telÈbrJte the power of $3nctuary, unleash expression and tell
extr30rdin3ry Stories.
Our programmes focus on presenting world cl355 work that is rooted in the human experiÈnce. transforms outdoor spaces,
and is irnpactful, inclusive and inspiring to local and internatlDnal audiences.
We build collaborative partnerships and 5UPPOrt public and cultural institutions with ambitl¢U$ 8nd effective strategies for
growth znd cre3tive success.
Whywedoit
We bÈlieve that art brings people together. It entertsins and moves us, challenges and educates us. together. We believe that
shared experience of art starts conversations and helps us to under5tsnd one another better.
We know that our work can ignite imèginations and help people and communities to find their place in our cultu￿1 and
creative landscape,. that great art Can @nable u5 to Share lives, storiÈs and entertainment.
How Our Services Deliver Publi¢ Benefit
The trustees have p3id due regard to the Charity Commission guidance on public benefit reporting in deciding what 3ttiVlties
the charity h3s undÈrtaken this ye3r.

ARTREACH (TRUST) LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Main Activities Undertaken to Furtherthe Char¢ty'S Purposes for Public Benefit
Between 1st April 2024 and 31st March 2025. Art Reach delivered the following public events=
Joumeys Festsval lrtternational IJFII
this festival creates a platFDrrn to Show￿Se 3rtistic tslent and create
community cultural exchanges in a vibTrnt live Èvent. The core festival took place on 11 ènd 12 October,
acwmpanied by an extended exhibition ol the specially commissioned Plt7nts Pluy by Mandeep Dhadi3113, in
pBrtnership with Leicester Cathedral, which continued until 31 October 2024. The festival featured artists and
cJlle¢tivÈs presentinE a diverse progr8mme of visual arts, interactive instsllations, cornedyi Street th@atrÈ and dance.
Contributions were made from international artists, as well as presentations by UK artists Bnd collectives.
Our spe¢ial projects included..
'Home'_ part of Refugee Week- We delivered four sessions acr055 tr￿0 s¢hL>ols in Bel8rave and Hi8hfields. In total
we worked with 85 children and young people from Mellor Community Primary School Iselgrdvel and Medway
Primary School (Highfieldsl. The workshops were delivered by ftsur female artists includin8 a Global Events
Man38ement student from De Montfort University, and it focused on creating new armork explorin8 what we rnean
by'home, using re-purposed textile5.
Pathways to Process- Art Reach w85 successful in securing funding through Round 3 of the IntÈrn3tional Touring
and Environmentsl Responsibility IITERI Fund with international partners, Elle Sofe Cornpany INorwayl,' and Olga
Regitte Dyrlov Hoegh IDenmarkl. Pathways to Process is about exploring the concept of slow and deep mobility as a
creative process for developing new artwork. The artistic lead, 0183 Regitze Dyr10v Hoegh, eng8ged participants in
convewtions and research while travellin8 by tr3in in the UK, Norway and Denmark, using the journey itself a$ 3
space for reflettion and artistic inspiration. The project examines how cultural identities are exprÈssÈd through
clothing and costurne, and how these expressions emerged through dialogue and 5h8red experiÈnte through the
process. The projecr also served as a testbed for environmentally conscious tourinz prattices.
Crossing Path5 - Th@ project brought together multiple generations in Highfields, 8raunstone and Belgrave in
¢reative project that culminated in a Community-led procession. The projÈtt Èngaged over 100 participants through
workshops deliVe￿d in p3rtnership with trusted local hubs- The Highfields CentrÈ. Cross Corners Community Centre.
and The Grove Is well as local 5choo15. Participants explored cultural #ories and traditions, co-creating contribution5
for the final event. A special 'Cr055ing Paths. celebration event was held in May 2025 at Curve.
Pas5inz it Ort= Framin8 the Stories of Football in Our Community- This is a major heritage project delivered in
partnership with Leicester Nirvana FC and Opal 22, supported by a grant from The National Lottery Heritsge Fund. It
aims to celebrate the club'5 impact and cDnne¢t past and present rneMbe￿ of one of Leicester's most diverse
B￿sSroots football communities. Through community workshops and oral history session5, the projett explores the
lub's unique legacy of anti-racist activisrn, youth empowerrnent and its arnbition to bÈcome the UK'S first carbon-
neutral football club. The project h35 producÈd 3 documentary filrn, podca5t5, digital 3rchive. which in the surnmer,
alongside an outdoDr phDtography exhibition, will be launched at Relaction festival 2025.
Impact Netsvork for Creatives- With funding from the UK Shared Prosperity Fund and LeicÈster City Council. Art
Re3ch launched this network and development programme for anyone based in Leicester who seeks to create
change and achieve irnpact for people. orEanisation5, andlor communities through thÈir creative work and cultural
projects. The membership consists of so¢ially-enga8ed 3rtists, creative producers, arts administr6tors, events
managers, ¢ultur31 leaders, entrepreneurs (including recent grdduate5 looking to enter the creative workforce), and
learnin8 practitioners and facilitators. Members get access to..
'Go and See, Cultur?1 Trips- To events and festivals acro55 the country
On￿tty-One Consultations- Dedicated surgery sessions to address individu31 needs
Networking 2nd Training- Facilitated session5 to build me3ningful connections
Peer Attion Learning Sets-collaborative problern-solving sessions.
Art Re8¢h also delivered cultural ¢onsukancy support includin8 business plannin& fundraisingi cultural strate8y, and research
and learning services to arts and heritage org8nisations, lo￿1 authorities, 3nd funding bodies. This provided unrestricted
earned income that was reinvested back into the charity's Creative programme.

ARTREACH (TRUST) LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
Achievements and performance
Joumeys Festib71 International
Journeys Fettival International took place on 11 and 12 October 2024, attractin8 èn audience of over 8,500 across the two
day5. The festi￿1 fe3tured..
42 performonces
28 workshops and participatory sessions
3 new artist ¢ommission5
Contributions from 28 artists
The festival proudly showcased underrepresented voice5 in the cultural sector. Over 80% of participating art15ts identified a5
being from global m8jority backgrounds or groups underrepresented in mainstream arts and culture. Over 40% Of our
audience were from Global Majority ba¢k8rounds.
The headline feature, Plttnts ond Pluy by M3ndeep Dhadi3113 was 3 resounding success. It attracted thOu￿ndS to Leicester
Cathedral and rÈceived national rnedia cove￿ge, including fÈaturÈs on BBC Eatt Midlands Today and B8C BrÈ2kFast.
The progrnmme included a range of tsmily-friendly presentations such a5 Toust by Pif-Paf Theatre, the Desiblitr Art Bus,
Sambando, and craft sessions 3t thÈ festival hub in Haymarket Shopping Centre, delivered by Mission Magpie. which engaged
250 participants.
We were also proud to present AqGI (House of the WÈ8ving Song) by Dhaqan Colle¢rive and Songs of the Woter by K38jal Modi
two co-commissions developed in partnership with Counterpoints Arts. These works were also featured at rnajor lestiwdls in
2D24, including at the Eden Project, Southbank Centre and Platforma Festival.
Other featured artlsts included Sarah Al-sarrah and touring performers Selam Amare, Loraine tvTponela and Anastasia
Chokuwamba frDm Counterpoints Arts. cornedy pro8￿mMe No Direction Home. A special 8irro went launched Pathways tc
Process Ipart of the ITER programmel, where participants explored thèmes of culturÈ, clothing, 3nd minority 3nd Indigenous
¢ommun¢ies, led by Elle Sofe Company and artist, Olga Regitre Dyrlov Hoegh.
Journeys FestlV31 InternatlDnal continues to collaborate with partners to cr28te inclusive opportunities for audiences facing
barriers to cultural enga8ernent. In 2024. we worked with Leicester Civic Society, the British Red Cross and Leicester fity of
Sanctuaryto extend our reach and impact.
We are 3150 proud of our partnership with De Montfort University IDMUI, through which we cuTrted a special panel event, 3
b￿akfast 5erninar on sustainability in the arts. We also engaged DMU students as volunteers.
Special Projects
Specizl projects, which focussed on engaging with diverse communities with creatwe engagement throu8hout the year,
en8a8ed over SOO people including..
350 school children
SO members of community groups
100 members Icomprising freelance and employed cijltural workers) of the Impact Network for Creatives

ARTREACH (TRUST) LTD
TRusfEES REPORT (INCLUDING DIREcfoRS' REPORT} (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
CoAsultsncy Servlces
Art Reach was cornmissioned by L6 orgènisations to provide a range of consultancy services, including business planning.
fundraising str6tegy development, research 8nd evaluation projects. and facilitating co-created cultural St￿tegieS.
Notable projects included..
Facilitsting the w-creation of a cultural strategrf for the Borough Council of King's Lynn and West Norfolk.
Condurting research into disabled leadership within rhe Midlands, culturdl settor a project commissioned by Arts
Council England.
In ttstal, Art Reach supported cultural organisations in securing over half a million in revenue funding.
Thanky•u to Supporters
In addition to the continued financial support of Arts Council England, Art Reach would like to thank the Local Authorities- in
particular, Leicester City Countil,. Higher Education Institutions- such as De Monrfort University,. Ch8ritie5- including Leicester
CathedTrl,' and other Lottery sources for their support in the year to 31 March 2025.
Firtancial review
Overview
The trustee5 have noted the financial position of the charity at the 31 March 2025 yeBr-end.
The Statement of Financial Activities shows 8 turnoverfor the financial year 2024125 of £604,142.
The principal sources of income forthe charity were..
Regular annual funding from Arts Coun¢il England (via the National Port*olio Orgznisation funding under a multiwear
funding agreement betsveen 2023124 to 2025126. Extension funding is yetto be confirmed for 26127 and 271281.
Local Authority grants and commissioning.
Grant through Lottery. Foundations and other cultural institutions.
Earned income through cultural consultancy.
There are no funds held as custodian trustee on behalf of others.
Reserves
The Truste25 ￿tognISe the importance of maintaining adequate reservÈs to ensure the financial Stability and rÈsiliÈn¢e of the
Charity. Reserves provide a vital internal source of funds to manage unforeseen ¢ir¢umstance5 such as sudden increH5es in
expenditure. unanticipated losses in in£ome, or exceptional costs.
The current poliw is to hold re5erve5 equivalent to three month5 of operating costs, which is approximately £96,000. This level
is Considered appropriate to protett the charity's core activities and commitments. Art Reach currently holds reserves of
£88,S85 which 15 split betNeen Unrestricted reserffts of £67,274 antl Restritted reserves of £21,311.
This 15 a significant improvement on 2023/24 and retognises the steps that the charity took to return to a positive reserve5
position, including a full review of financial oper3tions and Simplifi￿tioft of the charity's structure. Based on current
projections and continued fundraising success, the charity aims to meÈt its reserves policyt3r8et by March 2027.

ARTREACH (TRUST} LTD
TRUSTEES REPORT (INCLUDING DIRE￿oRs, REPORTI {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Going Concern
The Trustees have assessed the charity's financi31 position and its ability to continue operating for the foreseeable future.
During 2024125 the charity has retumed to a positivÈ rÈsÈrves position and ended the financial year with unrestritted
reserves of £67.274.
The Trustees have condutted regular and robust rÈviews of cash flow forecasts. covering at least the next 12 months. Based on
current financi31 performance. secured income streams, and future projections. the Trustees have a re850nablÈ expect3tion
that the charity has adequate resources to continue to operate. Attordin8ly, the financial statements have been prepared on
going concern b3S1S.
Fundraising
In 2024125, Art Reach r)ised £604,142 in grant support and earned income to deliver its mre PTogr3rnme. In ?ddition to
funding through ACE, additional smaller scale fundin8 was received through Local Authorities, other Lottery sources.
charitable foundations and via sponsorship from Higher Education Institutions and other cultuol organisations.
Art Reach does not have any material furtdraising costs.
Risk Review
A comprehensive risk register is reviewed èt each quarterly Board meeting, covering finanual, artistic, governance and
leadership. compliance with13w and regu13tion, external risk. personnel/wellbein8 and business continuity-
As with m05t charitie5, thi5 proces5 exp05es risks, with sy5tem5 identifiÈd and established to miti8ate them. External risks have
been managed through z robust business plan that is flexible and adaptable. yet still ambitious. Internal risks were minimised
by adherence to its Financial Regulations, Policies and Procedures, along with updates to its HR Policies.
Key risks are considered to be:
Cost of inflation le8ds to increased cost, and imp3tt on activity, operations and cashflow.
Fundraising and Èarned income t8rgÈts not achieved
Reduction in Arts Council England funding should government support to the arts be reduced.
Securin8 earned income in a competitive Tnarket place through delivery of Art Reach's cultural consultsncy work.
Opportunities to source new. long-term incorne strearn5 forArt Reach
Loss of executivÈlsÈnior personnel. which can impact on the programme delivery, partnerships and finance/
operations of a small business.
Plans for Future Periods
Art Reach will continue to deliver on its Art5 Council National Portfolio organi￿tion INPOI funding for the next year with an
opportunity to extend for a fvrther l or 2 y2?rs. In 2D25 WÈ have a busy festival programme delivering Re/artion in July and
Journeys Festival International in October. We will 8lso develop our year-round engagÈmÈnt programme and special projects
with the communities of Leicester. We havÈ funding to continue the INC programTne for a further year supporting socially
en8aged creatives and plan to grow the membership of this network.
Our festival delivery will include Re/?ction (July 20251. This bienni31 outdoor arts festtval brings together communities and
artists to explore clirnate change ènd how small changes can make a bi8 difference. For this year's two-day event we have an
exciting programme of free tsmily-friendly performancÈs. installations, work5hop5 and artivities for all ages, including two
world premieres of new artworks. journeys Festival International IJFII will take place in October once 38ain working a¢ross the
city with presentations in venues 3nd pub5ic spaces. Within tsur festival delivery we continue to build partnerships with the
wider region81 and national cultural sector alongside Leicester City Council. De Montfort University. Leicester CathÈdral and
many other Ioc31 st3keholders. Both festivals include a year-rDund engagement programme developing new artistic work and
èng3ging new audiences and particip3nts, and in 2D25126 we want to re-establish community consultstion 4dvisory groups to
inform our festival programme going forward.

ARTREACH (TRUST} LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ARTREACH ITRUSTI LTD
I report to the trustees on my ￿MInatIon of the financial statements of ArtReach (Trust) Ltd (the charityl for the year ended
31 March 2025.
Responsibilities and basis of report
A5 the trustees of the charity land also its director5 for the purposes of cornpany lawl, you are responsible for the prÈparation
of the financial st3temÈnts in accordance with the requirements of the Comp3nie5 Att 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the
Cornpanies Act 2006 and are eligible for independent examination, I report in respect of my exarninati¢N of the charity's
financial ststement5 carried out under section 145 of the Charitie5 Art 2011. In carryin8 Out My examination I have followed
the Direttions given bythe Charity Commission under section 1451Sllbl of the Charities Act 2011.
Independent examiner's statement
Since the ch3rity'$ 8ros5 income exceeded £250,DOO, the independent examiner must be a rnember of a body listed in settion
145 of the Ch8Tlties Act 2011. 1 confirm th3t l am qu81ified to undertake the examinarion because i am a mÈmber of ICAEW,
which is tsne of the listed bodies.
I have Completed my examination. I confirm that no matters have come to my attention in connection wtth the exarnination
givin8 rne causÈ to believe that in any material respett..
ecounting records were not kept in respètt of the charity a5 required by sÈction 386 of the Companies Act 2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting ￿qUIrementS of settion 396 of the Companies Att 2006
other than any reqU1￿ment that the financial statements give a true and fair view, which is not a matter considered as
part Df an independent examination., or
the finan¢ial statements have not been prepared in accordance with the methods and principles of the Statement of
Fiecommended Practice for attounting and reporting by charities applicable to charitiès prèparing their financial
statements in accordance with the Fin3nci31 Reporting Stand3rd applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connettion with the ￿￿minatIOn to which attention should be
drdwn in thi5 report in order to enable 3 proper understanding of the financial statements to be reach￿.
Thomas Mayfield BA F
Mayfield & Co
2 Merus Court
Meridian Business Park
Leicester
LE19 1
14July 2025

ARTREACH (TRUST) LTD
STATEMEW OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YE4R ENDED 31 MARCH 2025
Un￿strICted
funds
2025
Restrtrted
funds
2025
Total
Unrestricted
funds
2024
Restricted
fvnds
2024
Total
202S
2024
Notes
Income and endowments frorn:
Donations and legacies
Charitable activities
Investments
Othèr income
356.440
151,817
1.157
118
94,610
451,050
151,817
1,157
118
356,440
136,382
290
5,574
64,472
420,912
136.382
290
5,574
Total income
509.532
94,610
604,142
498.68S
64,472
563,158
Expenditure on=
Charitable activities
414,212
73,299
487.sll
631,410
64.472
695,882
Total expenditure
414.212
73,299
487,511
631,410
64,472
695,882
Net incomellexpÈnditurel and
movement in funds
95,320
21.311
116,631
1132,7241
1132.7241
ReconciliatioTh of funds:
Fund bal8nces at l April 2024
128,0461
128,0461
104.678
104,678
Fund balances at 31 March 2025
67.274
21,311
88,585
128,0461
128,0461
The statement of financia1 activities includes 3118ains and losses recognised in the year. All income and expenditure derive
from continuing attivitie5.
10

ARTREACH (TRUST) LTD
BALANCE SHE
ASAT31 MARCH 2025
2025
2024
Notss
Fixed assets
Tangible a55Èts
Investments
12
5.948
1,156
13
S,948
1.157
Current assets
Debtors
Cash at bank and in hand
82,102
53,010
52,329
98
135.112
152.4751
52,427
181,6301
Creditors= amounts falling due within orttyear
16
Net current assetsllliabtlitiesl
82.637
129.2031
Total 35spts less current liabilities
88,585
128,0461
The tunds of the tharity
Restricted in¢omÈ funds
UnrÈstricted funds
20
19
21,311
67,274
128,D461
88,585
128,0461
The company is entitled to the exemption from the audit ￿QuI￿rnent contained in s&ction 477 of the Companies Act 2006, for
the year ended 31 March 2025.
The direttors acknowledge their responsibilities for c<>mplying with the ￿qUirementS of the Companies Act 2006 with re5pe¢t
to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financ4al statements for the year in question in
accordantr with settion 476.
These financial statemÈnts have been prepared in accordance with the provisions appIl￿ble to companies subject to the small
companies re8ime.
The f1nancial statements werè approved by the trustees on 14July 2025
E Hooper-smith
Trustee
Company registration number 06669673 IEngland and Wales)
11

ARTREACH {TRUST} LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flowsfrom opemting artivities
Cash geneTrted from/labsorbed byl oper?tions
23
88.126
136.7001
Investing a¢tivities
Purch3se of tangible fixed assets
Proceeds from disposal of subsidiaries
Investrnent income received
15.9481
1,157
290
Net cash (used inll8enerated from in¥esting activities
14,7901
290
Net ¢ash generated fr¢*m financing activities
Net increase/lde¢reasel tn cash and cash equivalents
83,336
136.4101
Cash and tssh equivalents at beginning of year
130,3261
6.084
Cash and ¢ash equivalÈnts at end of year
53,010
130,3261
Relat¢nE to:
Cash at bank and in hand
ank overdrafts included in creditors payable
within one year
53,010
98
130,4241
12-

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢countin8 policies
Charity information
ArtRe3ch (Trustl Ltd is a private ¢omp3ny lirnited by guarantee without share capital incorparated in England and Wales.
The registered office is LCB Depot, 31 Rutland Street, Leicester, LEL IRE.
1.1 Accounting convention
The fin3nci315tatements have been prepared in accordance with the Companies Act 2006, FR5 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland- I'FRS 102"13nd the CharitiÈ5 50RP 'Accountin8 and
Reporting by Charities.. St3￿Ment of Recommended Practice applicable to charitie5 preparing their accounts in
a¢cord3nce with thÈ Financial Reporting Standard applicable in the UK Bnd Republic of Ireland IFRS 1021" (effective I
January 20191. The charity is a Public Benefit Entity a5 defined by FRS 102.
The financial statements bre p￿Pared in sterling, which is the functional currency of the charity- Monetrdry amounts in
these financial statements are rounded to the nearest £.
The financial statemÈnts have been prepared under the historical cost convention, Imodified to include the revaluation
of frÈehold properties and to include investment properties and certain financial inttruments at fair valuel. The
printipal accounting policies adopted arÉ set out below.
1.2 Going con¢¢rn
At the time of approving the financial statements. the trustees have 3 reasonable expectation that thÈ ¢harity has
adequate resources to continue in operation?1 existence for the foresee8ble future. Thus the trustee5 continue to adopt
the 8oin8 concern basis of accounting in preparing the fin3nci31 statements.
1.3 CharitsblÈfunds
Unrestricted funds are available for use at the discretion of thÈ trustees in furtherance of their chantable objettives.
R&stricted funds are subject to specific conditions by donors or grantors as to how they rnay be used. The purposes and
uses of the restricted funds are sÈt out in the notes to the financi31 statements.
Endowment funds are subjett to specific conditions by donors th8t the capitsl must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance condition5 have been met, the
amounts can be measured reliably. and it is probable th3t income will be received.
Cash donations are recognised on receipt. OthÈr donations are recognised once the charity has been notified of the
don3tion, unless performance conditions requirÈ deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deed5 of tovÈnant is recoenised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has bÈen notified of an impending distribution, the
èmount is known. and receipt Is expected. If the amount 15 not known, the leg3Cy IS treated as a contingent a55et.
13

ARTREACH (TRusn LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting poltcies
Icontinuedl
1.5 Expenditure
Expenditure is recognised oncÈ there is a legal or constructive obligation to transfer economic benefit to a third party, it
is prob3ble thÈt a transfer of etonornic benefits will be required in settlement, and the amount of the obli8ation cèn be
measured reliably.
Expenditure is classified by attivity. The ¢0sts of each attivity a￿ made up of the total of direct costs and shared costs.
including support costs involved in tsndertsking each activity. Dirett costs attributsble to a single activity are allo￿ted
directly to that activity. Shared costs which contribute to more than one activity and support costs which arÈ not
attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff ¢0sts 3re allocated on the basis of tirne spent, and depreci?tion charges are allocared on the portion of the
asset's USÈ.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured èt cost and subsequently measU￿d at cosi or valuation, net of depreciztion
and any impairrnent losses.
Depreeiation is recognised so as to write off the wst or vzluation of assets less their ￿sidU￿1 value5 over their useful
lives on the following bases..
Computer Equipment
25% Straight line basi5
The 83in or IDSS arising on the disposal of an 85set is determined as the difference between the sale proceeds and the
carrying value tsf the a55et, and is recognised in the statement of financial activities.
1.7 Fixed asset investments
Fixed èsset investments are initially measured at tronsaction price excluding tr3ns2CtiDn costs, and are subsequently
measured at fair value ?t each reporting date. Changes in fair value are recognised in net income/lexpenditurel for the
year. Transaction cost5 are expensed as irtcur￿d.
A subsidiary is an entity ¢ontrolled by the parent. Crjntrol is thè power to govern the fin8n£ial and Ope￿ting policies of
the entity so as to obtain benefits from its attivities.
1.8 Impairnlent of fixed assets
At e3ch reptsrting end date, the charity reviews the Carrying amounts of its tsn8ible Jssets to determine whether there
is any indication that those assets have suffÈrèd an impairment loss. If any such inditstion exists, the recover8ble
amount of the a55et is estirnated in Drder to deterrnine the extent of the irnpairment loss lif any).
1.9 Cash and tash equivalents
C8sh and ¢¥sh equivalents include cash in hand, deposits held at call with ban￿, other short_term liquid investments
with Original maturitie5 of three rnonths or less. 2nd bank overdrydfts. Bank overdrafts a￿ shown within borrowings in
1.10 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualifv a5 basic fin3ncial instrurnents. 8a51C
financial instruments are iftitially recognised at transaction value and subsequently measures at their settlement value
with the exception of bank loans, which are subsequently measured at amortised cost uslng the effective interest
method.
14-

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting polities
(Continued)
Btssiefinclnciol us5et&
Basic financi31 assets, which include debtors and cash and bank b31ènces, are initially measured at transaction price
including transaction costs ènd are subsequently ￿rrIed at amortised ¢ott using the effective interest method unle55
the arrangernent Constitutes 3 financin8 transartion, where the transaction is measured at the present value of the
future receipts discounted at a market rate of intÈrest. Financial assets classified as receivable within one year are not
amortised.
80siefinonciolliabilities
Basic financial liabilitiÈs, Including creditor5 and bank loans are initially reeoBnised at t￿nsaCtIon price unless the
arrangement constitutes a financing transartion, where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortlsed.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obliydtions to pay for 8ood5 or serwites that have been acquired in the ordinary course of opeotions
from suppliers. Amount5 paydble 3re classified as current liabilities if payment is due within one year or le55. If not, thev
are presented as non-¢urrent li3bilities. Trade creditors are recognised initially èt t￿nSaCtIon price and sub5equentlv
easured at amorti5ed cost usingthe effective interest method.
Derecognition offinanciul liubilitse5
Financial liabilities are dereco8nised when the ch2ritWs contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cosr of any unused holiday entitlement is recognised in the period in which the employee's service5 are received.
Termination benefits are recognisÈd immediately as an expense when the charity is dernon5trably Commtied to
terminate the employment of an employee or to provide termination benefits.
1.12 Retirement benefits
Paytnents to defined c(>rttribution retirement benefit schemes are charged as an expense as they fall due.
Critical ¥¢¢ounting estimate5 and judgemer
In the application of the charity's accounting PDlicies, the trustees are requI￿d to make judgernents. estimates and
assumptitsns about the carrying amount of a55ets and li3bilitie5 that Bre not rèadily apparent from other Sources. The
estimates and associated assumptions are ba5Èd on historical experience and other factors that are considered to be
relevant. Actual results may differfrom these estimates.
The estimate5 and underlying a55umptions are reviewed on an on8oin8 basis. Revisions to accounting estimates are
recogni5ed in the period in which the estimate is revised where the revision affetts only that period. or in the period of
the revision and future periods wherÈ the revision 3ffe¢ts both current and future periods.
15-

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
In¢ome from donations and lerdcies
Unrestricted
funds
2025
Restricted
fvnds
2025
Total
Unrestritted
Restricted
fund5
2024
funds
2024
2025
2024
Grants
356,440
94,610
451,050
356,440
64,472
420,912
GTants
Arts Council England INPOI
Nation31 Lottery Funders
Other Public Bodies
Other fjr8nt Funding
356.440
356,440
41.710
49,900
3,000
356,440
356,440
10,000
51.500
2,972
41,710
49,900
3,000
10,000
51,500
2,972
356,440
94,610
451,050
356,440
64,472
420.912
Income from charitable a¢tivities
Unrestricted
funds
2025
Unrestricted
funds
2024
Income from charitable activities
151,817
136,382
Income from investments
Unrestricted
funds
2025
Unrestrirted
funds
2024
Interest receivable
1,157
290
Other income
UnTestri¢ted
fvnds
2025
Unrestri¢ted
funds
2024
Other income
118
5.574
16-

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL ¥fATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure o# charitable artivities
Unrestricted
Funds
Z025
Restricted
Funds
2025
Total
Unrestricted
Funds
2024
Rertrirted
Funds
20Z4
Total
2025
2024
Direct costs
Staff costs
Creative Programme
Consultancy Projetts
M3rketing
Loss on disposal of
subsidiary
236,804
107,779
33,547
5,320
19.277
54.022
256,081
161,801
33,547
5,320
292,023
227,926
24,580
37,755
292.023
292.398
24,580
37.755
64,472
383,451
73,299
456,750
582,284
64,472
646,7S6
Share of supptsrt and governance costslsee ttote 81
Support
25,503
Governan
5,258
25,503
5,258
42.926
6,200
42,926
6,200
414,212
73,299
487,5LI
631,410
$4.472
695.882
Analysis byfund
Unrestricted funds
Restritted funds
414,212
414,212
73,299
631,410
631,410
64,472
73,299
64,472
414.212
73,299
487,511
631,410
64,472
695.882
Support tosts allocated to artivities
2025
2024
Rent, rates, insurance and light and heat
Motor 3nd travel
Maintenance, equipment and sundry costs
Printing and office costs
Telephonè and computer costs
Events marketing and development
Legal, profession31, cornputer and subscriptions
Finance costs
Depreciation
Governance costs
11,073
13,159
1,551
354
2,174
3,332
11,266
6,934
2,745
1.411
6.200
2,525
1,306
2,334
2.872
2.272
477
1,156
5,258
30,761
49,126
Analysed between..
Unrestritted Fund5
30,761
49,126
17-

ARTREACH (TRUST) LTD
NOTESTO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of the Trustees lor Èny person5 connected with them) received any ￿M￿neratIOn or benefits from the ch8ritv
duringthe year.
io
Employees
ThÈ aver3ge rnonthly number of employees during the year was=
2Q25
Number
2024
Number
Aéministrative and support
Project Management
Total
17
Émployment costs
202S
2024
Wages and salaries
Social security costs
Other pension costs
230,538
19.587
S,9S6
266,835
19,557
5,631
2S6.081
292,023
The￿ were no employees whose annual remuneration was rnore than £60,000.
Remuneration of key management perwnnel
The remuneration of key rn8nBgernent personnel was as follows:
2025
2024
Ag8rÈgate cornpensation
s9.1￿7
49,204
The remunerztion of key management personnel includès Èmolurnents from Èmployment. employer pension
contributions and employer national insurance.
li
Taxation
The charity is exempt from taxation on its activities be￿use all it5 intome is applied for ¢haritable purposes.
18-

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12
Tangible fixed assets
Computer
Equipment
Cost
At l April 2024
Additions
11,929
5.948
At 31 March 2025
17,877
Depreciation and impairment
At l April 2024
Depreciation charged in the year
10,773
1,156
At 31 March 2025
11,929
Cèrrying omount
At 31 March 2025
5.948
At 31 March 2024
1.156
Fixed asset investments
Other
irtvestmènts
Cost orvaluation
At l April 2024
Disposals
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
The subsidi3ry company, ArtRea¢h IEvÈntsl Ltd wès dissolved during the year on IS July 2024. The shares held in the
subsidiary undertaking was in ￿SpeCt of L Ordinary Share of £1. The subsidiary undertaking of £1 has now been
disposed of within the accounts.
2025
2024
Other investments comprise-
Notes
Investments in 5ubsidi3ries
19

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH2025
14
Debtors
202S
2OZ4
Amtsuntsfalling due within one year:
T￿de debtors
Prepayments and accrued income
79,277
2.82S
31,105
21,224
82,102
52,329
15 Loans and overdvdfts
202S
2024
Bank overdrafts
30,424
Payable within Dne year
30,424
16 CreditoYs= amounts falling due within one year
2025
2024
Notes
Bank overdrafts
Other taxation 4nd social security
Government grants
T￿de creditors
Other creditDrs
Accrua15 and deferred income
15
30,424
14,290
2,000
27,859
2,258
4,799
14,680
17
15,075
1,942
20.r18
52.475
81,630
17
Government grants
Deferred income is included in the financi31 statements as follows..
2025
2024
Deferred income is included within..
Movements in the year..
-20-

ARTREACH {TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE Y&4R ENDED 31 MARCH 2025
17
Governmentgrants
Icorttinuedl
Deferred inttsme at l April 2024
Released from previous pÈriods
Resources deferred in the Year
2,000
12.OQIDI
ID,Doo
iio,0001
2,000
Defer￿d income at 31 March 2025
2.000
18
Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined Contribution schernes
5,956
5.631
The ¢h2rity operates è defined contribution pension scheme for all qualifying employees. The assets of the scheme are
held sep3rÈtÈly from those of the charity in an independently administered fund.
19 Unrestrieted funds
The unrestritted funds of the charity comprise the unexpended balances of donations and grants which are not subject
to specific conditions by donors and grantors as to how they rn4y be used. These include designated funds which have
been set aside out of un￿Stricted funds by the trustees for specifi¢ purposes.
At l April 2024
In¢c¥rniftg
resources
Resources
expended
At 31 March
2025
Unrestri¢ted projerts
ACE NPO G￿nt
128,0461
153,092
356,440
IS7,7721
1356,4401
67,274
128.0461
509,532
14L4,2121
67,274
PTevious year-
At l April 2023
Incoming
resources
Resources
expended
At 31 Mar£h
2024
un￿StriCted projerts
ACE NPO Grant
104,678
142,246
3S6,440
1274,9701
1356,4401
128.0461
104,678
498,686
1631,4101
128.0461
21

ARTREACH (TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
Restricted funds
The restricted funds of the charity comprisÈ the unexpended balances of donations and grants held on trust 5ubjert to
specific conditions by donors as to how they may be used.
At l April 2024
IncDmtnz
resour*s
Resources
expended
At 31 Mar¢h
2025
Other Public Bodies
Other Restricted Funds
Nationzl Lottery Funding
49,900
3,000
41,710
149.9001
3.000
18,311
123,3991
94,610
173.2991
21,311
PrÈviou5 year:
At l Aprsl 2023
In¢omin8
resources
Resources
expended
At 31 Mèrch
2024
Other Public Bodies
Other Restricted Funds
National Lottery Funding
si.soo
2.972
10,000
151,5001
12.9721
110,ooDI
64,472
64,4721
21
Analysis of net assets between funds
Un￿stricted
fLtthds
20Z5
Restritted
funds
2025
Totsl
2025
At 31 March 2025..
Tangible assets
5,948
61,326
5,948
82,637
21,311
67.274
21,311
88,585
-22-

ARTREACH {TRUST) LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
21
Analysis of net assets between funds
Icontlnuedl
Unrestrirted
funds
20Z4
Rèstrirtèd
funds
2024
Total
2024
At 31 March 2024..
T3Dgible assets
Investments
Current a55etsll1iabilitiesl
1,156
1.156
129,2031
129,2031
128,0461
128.0461
Subsidiaries
Name of undertakit)g
Registered
offi¢e
Nature olbusiness
Class of
sha￿S held
% Held
Dirert IndirÈtt
Artre8¢h (Eventsl Ltd
UK
Trading subsidiary
Ordinary
loo.00
The subsidiary ctsmpany. ArtReach (Events) Ltd was dissolved during the year on 16 July 2024. The shar&s held in the
subsidiary undÈrt3king was in respect of l ordinary Sha￿ of £1. The subsidiary undertaking of £1 has now been
disposed ol within the acc(>unts.
Cash Kenerated frorn/labsoTbed by) operations
2025
2024
Surplus/ldefititl forthe year
116,631
1132.7241
Adjustrnerttsfor
Investment income recognised in statement of financial activities
Deprec13tion and impairment of tangible fixed assets
11,1571
1.156
12901
1,411
Movemerts in working rapital:
Ilncreasel/decreasÈ in debtors
Incre3se/ldec￿3sel in creditors
(Decrease) in deferred income
129,7731
3,269
12,0001
213,161
1110.2581
18,0001
Cash generated frtsm/labsorbed by) operations
88.126
136,7001
24
Analysis of changes in netfunds/ldebtl
The charity had no debt during the year.
-23-