**Charity registration number 1181254 (England and Wales)**
## **HADDON CHARITY FOR PERFORMING ARTS**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **HADDON CHARITY FOR PERFORMING ARTS**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mrs E Senter Mrs S Bayliss Ms S Haddon **Charity number (England and Wales)** 1181254 **Company number** CE015974 **Registered office** Former United Reformed Church HCPA Studios 73 Coleshill Road Nuneaton Warwickshire CV10 0NZ **Independent examiner** Burgis & Bullock 23-25 Waterloo Place Leamington Spa Warwickshire CV32 5LA
## **HADDON CHARITY FOR PERFORMING ARTS**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 14|
## **HADDON CHARITY FOR PERFORMING ARTS**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in October 2019.
## **Objectives and activities**
- The charity's primary objective is to advance the education of the public and in particular, but not exclusively, children and young people in the appreciation and practice of performing arts (drama, music and dance) through the provision of classes, workshops and opportunities to participate in artistic performances.
- To advance and help young people through:
- a. The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;
- b. Providing support and activities which develop their skills, capabilities to enable them to participate in society as mature and responsible individuals.
## _Public benefit_
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
## _Significant activities and achievements against objectives_
The year has been overall very successful and is certainly all heading towards a steady growth. We were nominated for Educator of the Year with specific focus on diversity and inclusion, we are an arts award accredited organisation and now beginning to role this out across the organisation allowing us to offer real world qualifications to our young people. We are an outstanding safe space awarded by safe space alliance and we have completed a renovation of our recreational space.
## **Financial review**
We have had some disappointment in that we weren't able to launch our college project for the second consecutive year however we feel we were aligned with a project partner who didn’t have the same core ethos as us so it made the launch very challenging. We are currently looking for a more aligned partner however until we have secured this and ensured that everything is fully aligned we won’t be revisiting the college side.
We have successfully put on our whole school show at the Abbey Theatre Nuneaton July 2025 and this is the first show where the charity has made surplus from putting on the performance which shows a growth in support.
Overall we are happy with the successes of the year and feel that the previous year losses were ones we have learnt and grown from.
In terms of this year, total receipts reached £125,718. This comprised of £37,546 unrestricted and £88,172 restricted funds. Total expenditure was £111,047 which comprised of £18,177 unrestricted and £92,870 restricted. Total assets as at 31 March 2025 stood at £25,198 (2024: £10,527).
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## _Reserves policy_
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. Whilst the charity has currently not achieved this target for unrestricted reserves the Trustees nevertheless feel confident that the steps they have taken will enable the charity to attain this level in the short term.
## **Structure, governance and management**
The charity is a charitable incorporated organisation established under a constitution first signed on 23 June 2018 and re-signed annually.
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs E Senter Mrs S Bayliss Ms S Haddon
## _Recruitment and appointment of trustees_
Nominated individuals elected by existing Trustees, unanimous vote required for appointment. We are currently looking to appoint a 4[th] trustee and this will be completed over the next couple of months.
None of the trustees has any beneficial interest in the charity, except for Sandra Haddon who does receive payment for managing accounts and finances. Mrs. Haddon has declared this before the committee and signed a waiver declaring that she will relinquish her right to vote over any and all issues concerning herself or her daughter Eleanor Haddon who also works for the charity. All of the trustees are members of the charity and guarantee to contribute £1 in the event of a winding up.
## _Organisational structure_
The Charity has a “bible” containing all active policy documents. Said document is reviewed on an annual basis to ensure fitness for purpose.
To support the Trustees there is a general committee with members tasked with specific roles within the organisation, including, but not limited to; Lead Safeguarding Manager, Business Manager, Restraint Reduction Manager. Trustees are automatically members of this committee.
Currently the Trustees meet quarterly, plus an additional quarterly meeting with the general committee.
Day to day running of the Charity is delegated to the named Trustees equally, with specific tasks assigned at each AGM & reviewed to ensure acceptance of outcomes.
As a Children’s Charity, the safety and wellbeing of the target audience is of paramount importance – as such all committee members must undertake Local Authority approved/provided safeguarding training, be DBS checked and hold County council approved Chaperone licences for children in entertainment.
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees' report was approved by the Board of Trustees.
.............................. Mrs S Bayliss **Trustee** Date: .............................................
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF HADDON CHARITY FOR PERFORMING ARTS**
I report to the trustees on my examination of the financial statements of Haddon Charity For Performing Arts (the charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Wende Hubbard FCCA
## **Burgis & Bullock**
23-25 Waterloo Place Leamington Spa Warwickshire CV32 5LA Date: ............................
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**2**
1,510
-
Charitable activities
**3**
36,036
88,172
**Total income**
37,546
88,172
**Expenditure on:**
Charitable activities
**4**
18,177
92,870
**Total expenditure**
18,177
92,870
**Net income/(expenditure)**
19,369
(4,698)
Transfers between
funds
**8**
(274)
274
**Net movement in**
**funds**
19,095
(4,424)
**Reconciliation of funds:**
Fund balances at 1 April 2024
(5,088)
15,615
**Fund balances at 31 March**
**2025**
14,007
11,191|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
1,510
98
-
124,208
29,443
38,460
125,718
29,541
38,460
111,047
39,013
47,146
111,047
39,013
47,146
14,671
(9,472)
(8,686)
-
124
(124)
14,671
(9,348)
(8,810)
10,527
4,260
24,425
25,198
(5,088)
15,615|**Total**
**2024**
**£**
98
67,903
68,001
86,159
86,159
(18,158)
-
(18,158)
28,685
10,527|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|**Notes**
**Current assets**
Cash at bank and in hand
**Net current assets**
**The funds of the charity**
Restricted income funds
**9**
Unrestricted funds
**10**|**2025**
**£**
25,198|**£**
25,198
11,191
14,007
25,198|**2024**
**£**
10,527|**£**
10,527
15,615
(5,088)
10,527|
|---|---|---|---|---|
The financial statements were approved by the trustees on .........................
..............................
Mrs S Bayliss
## **Trustee**
- 6 -
## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## **1.2 Receipts and Payments Account**
Donations and other income are credited in the period in which they are received. These are analysed between restricted and unrestricted funds.
Expenditure paid out in the year is also analysed between restricted and unrestricted funds.
## **1.3 Statement of Assets and Liabilities**
Cash funds are listed in detail with amounts at 31st March 2025 which are in agreement with the balance carried forward on the Receipts and Payments Account.
## **2 Income from donations and legacies**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Donations and gifts|1,510|98|
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**3**
**Income from charitable activities**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Grant income**
Receipts
-
88,172
**Ticket sales**
Receipts
36,036
-
36,036
88,172|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
88,172
2,033
38,460
36,036
27,410
-
124,208
29,443
38,460|**Total**
**2024**
**£**
40,493
27,410|
|---|---|---|
|||67,903|
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **4 Expenditure on charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**activities**|**activities**|
||**2025**|**2024**|
||**£**|**£**|
|**Direct costs**|||
|Purchase of equipment|3,741|2,177|
|Performance and fesitival costs|3,911|4,972|
|Rent|27,518|23,545|
|Teacher fees|13,882|13,328|
|Repairs and maintenance|14,898|2,439|
|Postage and stationary|1,877|1,659|
|Travelling expenses|519|80|
|Legal and professional|8,107|8,102|
|SEN Co-ordinator|5,995|4,561|
|Sundry expenses|3,694|6,709|
|Subscriptions|431|399|
|Consultancy|18,585|18,188|
|Advertising|7,889|-|
||111,047|86,159|
|**Analysis by fund**|||
|Unrestricted funds|18,177|39,013|
|Restricted funds|92,870|47,146|
||111,047|86,159|
## **5 Trustees**
One trustee received remuneration during the year of £5,760 for their services provided (2024: £6,210), and none were reimbursed in respect of expenses incurred during the year (2024: Reimbursements within year totalled £NIL)
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **6 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2025**|**2024**|
||**Number**|**Number**|
|Total|-|-|
|There were no employees whose annual remuneration was more than £60,000.|||
## **7 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **8 Transfers**
The transfer between funds during the reporting period relates to expenditure exceeding the original grant allocations. Certain grant-funded activities required additional resources beyond the initial budgets, resulting in a reallocation from unrestricted
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **9 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
||**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|BBC Children in Need|185|-|(210)|25|-|
|Harry Payne Fund|346|-|(312)|-|34|
|Hoe Wesleyan Small Grant|1,897|-|(1,700)|-|197|
|Groundwork Tesco|656|-|(600)|-|56|
|Sport England|5,000|-|(4,590)|-|410|
|Foyle Foundation|5,356|-|(5,402)|46|-|
|True Colours|26|-|-|(26)|-|
|Think Active|1,000|-|(1,000)|-|-|
|Energy Fund|51|-|-|-|51|
|HOE Grant|155|-|(150)|(5)|-|
|Groundworks|771|-|(561)|-|210|
|Main Grant Mayors Appeal|172|-|-|-|172|
|The Lottery Main Grant|-|63,920|(61,809)|-|2,111|
|HOE Alan Higgs & Torrington|-|2,852|(2,248)|-|604|
|BBC Children in Need - Core|-|13,000|(9,315)|-|3,685|
|HOE Community Foundation|-|3,000|(1,139)|-|1,861|
|HOE Solihull|-|2,540|(2,532)|(8)|-|
|HOE Energy|-|1,800|-|-|1,800|
|WCC|-|1,060|(1,302)|242|-|
||15,615|88,172|(92,870)|274|11,191|
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**9**|**Restricted funds**|||||**(Continued)**|
|---|---|---|---|---|---|---|
||**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|||**2023**|**resources**|**expended**||**2024**|
|||**£**|**£**|**£**|**£**|**£**|
||BBC Children in Need|1,630|-|(1,445)|-|185|
||Harry Payne Fund|610|-|-|(264)|346|
||Hoe Wesleyan Small Grant|1,897|-|-|-|1,897|
||Warwick CC Fund|1,076|-|(420)|-|656|
||Groundwork Tesco|3,675|-|(3,741)|66|-|
||Sport England|5,000|-|-|-|5,000|
||Foyle Foundation|5,356|-|-|-|5,356|
||Think Active|695|-|(412)|(257)|26|
||Together Fund|1,000|-|-|-|1,000|
||Energy Fund|3,435|-|(3,443)|8|-|
||HOE Grant|51|-|-|-|51|
||Groundworks|-|4,000|(3,845)|-|155|
||Main Grant Mayors Appeal|-|1,000|(229)|-|771|
||Warwick CC|-|1,250|(1,078)|-|172|
||The Lottery Main Grant|-|250|(294)|44|-|
|||-|31,960|(32,240)|280|-|
|||24,425|38,460|(47,146)|(124)|15,615|
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **9 Restricted funds**
## **(Continued)**
The National Lottery Community Fund was awarded to provide support with the charity's core costs, to enable the charity to develop and grow.
The BBC Children in Need - Core grant was awarded to support young people that are experiencing Mental Health difficulties, staffing costs and core costs.
The HOE Alan Higgs & Torrington grant was awarded to purchase SEN equipment, PA system, SEN Teachers and % core costs
The HOE Community Foundation grant was awarded for operations assistance, provide assistance with media, Facebook, website updates and staffing costs to support student teachers.
The HOE Solihull grant was awarded for capital expenditure and refurbishment for example painting, changing pods and flooring.
The HOE Community Energy was awarded to purchase electric radiators for the studio.
## **10 Unrestricted funds**
The unrestricted 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 may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|(5,088)|37,546|(18,177)|(274)|14,007|
|**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
||**2023**|**resources**|**expended**||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|4,260|29,541|(39,013)|124|(5,088)|
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## **HADDON CHARITY FOR PERFORMING ARTS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **11 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Current assets/(liabilities)
14,007
11,191
14,007
11,191
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Current assets/(liabilities)
(5,088)
15,615
(5,088)
15,615|**Total**
**2025**
**£**
25,198|
|---|---|
||25,198|
||**Total**
**2024**
**£**
10,527|
||10,527|
## **12 Capital commitments**
Amounts contracted for but not provided in the financial statements:
A lease commitment of £18,000 per annum was agreed on 21st January 2020 with a term of 15 years. The annual amount is subject to periodic review.
## **13 Related party transactions**
Three close family member's of trustee Sandra Haddon provided services of £19,678 (2024: £20,877) to the charity in the year.
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