OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

originalprojects;

A charitable incorporated organisation (CIO)

Annual Report and Unaudited Financial Statements for the Year Ended 31 December 2023

1

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Contents
Reference and Administrative Details 3
Trustees’ Report 4-9
Independent Examiner’s Report 10-11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Financial Statements 13-21

2

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Charity Name:

originalprojects

Charity Registration Number:

1181297

Registered Address:

1 Saint John’s Terrace, Great Yarmouth, Norfolk NR30 2NF

Trustees:

Chair: Katherine Wood

Jane Bhoyroo Holly Notcutt Cara Keen Robert Gregory Marián Arribas-Tomé Alan Kane

Objects

originalprojects;’ charity objects are to promote and encourage public participation in and appreciation of the arts in Great Yarmouth and the surrounding area in particular but not exclusively by the production of public art projects, events and workshops.

Structure and Management:

originalprojects; is governed by the Trustees who meet at least 4 times a year for planning, progress and financial updates and at other times for additional monitoring,

Trustees are invited to join the board from proposals from existing board members and officers. A shadowing period is followed by an invitation to join if both sides feel appropriate,

3

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

2023 Projects and Review

Financials Overview

Grants and Sponsorship

4

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Activities Summary

Projects

Lifting the Horizon

Lifting the Horizon was an innovative 18-month programme that began in January 2023 and is due to complete in June 2024. It comprises four core developmental strands devised to propel the organisation into an enhanced position within the visual arts ecology.

The strands included:

This work was supported using public funding by the National Lottery through Arts Council England, additional support from Great Yarmouth Borough Council, University of East Anglia(Creative UEA and Civic University), Norwich University of the Arts and CVAN(Contemporary Visual Arts Network England).

YarMakers

Yarmakers is a dynamic 12-month program centred on creativity and resilience,

5

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

drawing inspiration from Great Yarmouth's rich tradition of skilled craftsmanship, its history of productive industry, and a commitment to ongoing innovation.

Our goal is to foster an environment where ideas thrive and lasting social connections are forged. From November 2023 to September 2024 we are providing a diverse range of FREE enriching experiences, including:

This work was made possible through support from the Creative Lives Know Your Neighbourhood project funded by the Department of Media & Sport (DCMS) and Arts Council England (ACE).

2023 activity in chronological order of delivery:

YARMONICS

2023 was a fallow year for YARMONICS in order to focus on developing a new approach for 2024 in response to audience feedback, which will include commissioned residencies.

6

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Designing the Real World

Designing the Real World continued as a programme of activity supported by The Ranworth Trust, providing design education , and was rolled into the delivery of Lifting the Horizon and later on merged with the delivery of YarMakers,

Finding Emerson Photo Festival

We continued our collaboration with Utter Nonsense (Mark Cator) to support the exploration of photographic culture in Great Yarmouth. Utter Nonsense made an application to Arts Council England for an ambitious second iteration of the Finding Emerson Photo Festival, which was unfortunately unsuccessful. We continued with the delivery of our planned elements (exhibitions of work by Tommy Lee Grimmer nd Barbara Laws), and also supported the delivery of the ongoing FOTO/SOCIAL events,

MdZ ESTATE and ADP RIOT by Jimmy Cauty

We were contacted by L-13 Light Industrial Workshop to host ADP RIOT - a second shipping container containing the work of Jimmy Cauty - support the hosting and presentation of MdZ ESTATE/

We received support of £1,800 from the Great Yarmouth Tourism and Business Improvement Area to transport the work, and Albert Jones of the Great Yarmouth Pleasure Beach provided space to install it along with electricity provision to run it. The installation was again open over the Summer period and received close to 4,000 visitors.

Workshop, Talk and Miscellaneous Events Programme

A workshop programme was delivered through various funds including the Hot Spot fund, Holiday Activity Fun fund and a variety of other sources. Some the workshops delivered included:

Exhibitions:

We continued to host a series of exhibitions that provided education in relation to art and design, including:

7

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Other Supported Projects :

8

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Infrastructure

PrimeYarc

PrimeYarc continued to operate on a meanwhile lease basis, with the space being provided for a peppercorn rent by the landlord and the cost of services being covered by rental income from artists studios, a community supporting kick-boxing space, and venue hire for community activities and events. It also provides space for regular exhibitions, talks, events and workshops. In 2023 a community recording studio was established in the space by local musicians.

Artist Studios

The artists studios at PrimeYarc continue to provide space for artists to work and develop projects to engage with the local communities. Around 20 artists occupy 16 spaces, helping develop a community of mutually supportive artists, growing critical mass and potential for additional activity in Great Yarmouth.

Supporting Community Organisations

PRIMEYARC is regularly used by local community groups and organisations including: ● GYROS (who run 2 weekly sessions providing support for migrant communities)

Studios at Stonecutters Way

We negotiated the lease of 2-3 Stonecutters Way for the provision of space for Magic Acorns to provide early years workshops as part of their Arts Council Funded Project, and to develop further artists studios.

Sharing expertise and consultancy and Growing Relationships

We have been invited to share our experience and knowledge with a number of HE and FE institutions. These have mostly been hosted over Zoom. Institutions have included University of Malta, Norwich University of the Arts, Sheffield Hallam University and Access Creative College.

Relationships with the University of East Anglia continue to develop, with Julia Devonshire sitting on the Board of the AHRC Impact Accelerator Account, and meetings with Creative UEA ongoing to discuss potential exhibitions and collaborations.

9

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Independent Examiner’s Report to the Trustees on the unaudited accounts of originalprojects; for the Year Ended 31 December 2023

We report to the Trustees on our examination of the accounts of the Charity for the year ended 31 December 2023.

Responsibilities and basis of report

As the Charity’s Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). We report in respect of my examination of the accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner’s report

Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, as well as seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees for my examination work.

Independent examiner’s statement

We have completed our examination. We confirm that no material matters have come to my attention in connection with the examination which gives us cause to believe that in, any material respect:

We 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 accounts to be reached.

10

originalprojects; Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023 Signed K Gregory

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Statement of financial activities for year ended 31 December 2023

Unrestricted Restricted
Funds
Funds
2023
2023
£
£
INCOME AND ENDOWMENTS:
FROM:
Charitable activities
1
33,090
92,434
Investments
-
TOTAL INCOME
33,090
92,434
EXPENDITURE ON:
Charitable activities
2
(41,041)
(69,931)
TOTAL EXPENDITURE
(41,041)
(69,931)
NET INCOME/(EXPENDITURE)
BEFORE OTHER RECOGNISED
GAINS AND LOSSES
(7,952)
22,503
Transfers between funds
-
-
NET MOVEMENT IN FUNDS
(7,952)
22,503
RECONCILIATION OF FUNDS:
Fund balances brought forward
44,632
959
TOTAL FUNDS CARRIED
FORWARD
36,680
23,462		 Unrestricted Restricted
Funds
Funds
2023
2023
£
£
INCOME AND ENDOWMENTS:
FROM:
Charitable activities
1
33,090
92,434
Investments
-
TOTAL INCOME
33,090
92,434
EXPENDITURE ON:
Charitable activities
2
(41,041)
(69,931)
TOTAL EXPENDITURE
(41,041)
(69,931)
NET INCOME/(EXPENDITURE)
BEFORE OTHER RECOGNISED
GAINS AND LOSSES
(7,952)
22,503
Transfers between funds
-
-
NET MOVEMENT IN FUNDS
(7,952)
22,503
RECONCILIATION OF FUNDS:
Fund balances brought forward
44,632
959
TOTAL FUNDS CARRIED
FORWARD
36,680
23,462		 Unrestricted Restricted
Funds
Funds
2023
2023
£
£
INCOME AND ENDOWMENTS:
FROM:
Charitable activities
1
33,090
92,434
Investments
-
TOTAL INCOME
33,090
92,434
EXPENDITURE ON:
Charitable activities
2
(41,041)
(69,931)
TOTAL EXPENDITURE
(41,041)
(69,931)
NET INCOME/(EXPENDITURE)
BEFORE OTHER RECOGNISED
GAINS AND LOSSES
(7,952)
22,503
Transfers between funds
-
-
NET MOVEMENT IN FUNDS
(7,952)
22,503
RECONCILIATION OF FUNDS:
Fund balances brought forward
44,632
959
TOTAL FUNDS CARRIED
FORWARD
36,680
23,462		 Total
Funds
2023
£
125,523
-		 Total
Funds
2022
£
62,506
-
33,090 92,434 125,523 62,506
(41,041) (69,931) (110,972) 85,374
(41,041) (69,931) (110,972) 85,374
(7,952)
-		 22,503
-		 14,551
-		 (22,867)
-
(7,952) 22,503 14,551 (22,868)
44,632 959 45,591 68,457
36,680 23,462 60,142 45,590

12

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

Balance Sheet for the year ended 31 December 2023

Note
FIXED ASSETS
Fixed Assets
7
CURRENT ASSETS
Debtors
5
Cash at bank and in hand
CREDITORS: amounts falling due
within one year
6
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted
10
Unrestricted
10
TOTAL FUNDS		 2023
£
£
1,409
380
62,017
62,397
(3,664)
58,733
60,142
23,462
36,680
60,142
-		 2022
£
£
1,980
3,122
41,338
44,460
(850)
43,610
45,590
959
44,632
45,590		 2022
£
£
1,980
3,122
41,338
44,460
(850)
43,610
45,590
959
44,632
45,590
380
62,017		 3,122
41,338
45,590
959
44,632
45,590

For the year ended 31 December the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director’s responsibilities:

(ii) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

13

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. They were approved, and authorised for issue, by the directors on 10 October 2024 and signed on their behalf by:

____ K Wood

14

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

1. Accounting Policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with tthe Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015. The Charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Fund accounting policy

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise of restricted funds that have been set aside by the Trustees for particular purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund.

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the Charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the Charity and it is probable that they will be fulfilled. The Charity receives government grants in respect of furthering its charitable objectives. Income from government and other grants are recognised at fair value when the Charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably.

Expenditure recognition

15

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is categorised under the following headings:

categories above.

Support cost allocation

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs and governance costs. They are incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to expenditure on charitable activities on a basis consistent with use of the resources. Governance costs are those incurred in connection with the running of the Charity and compliance with constitutional and statutory requirements.

Debtors and creditors receivable / payable within one year

Debtors are recognised when the Charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Creditors are recognised when the Charity has a present legal or constructive obligation resulting from a past event and the settlement is expected to result in an outflow of economic benefits.

Going concern

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.

16

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

1. Income from Charitable Activities

Restricted Unrestricted Total 2023 Total 2022
Consultancy Income 6,164 1,000 7,164 2,250
Corporate Sponsorship 3,100 - 3,100
Grants & Donations 74,426 148 74,574 39,072
Other Income 3,779 1,552 5,330 3,503
Project Income 4,965 - 4,965 1,430
Rental Income - 30,390 30,390 16,251
92,434 33,090 125,523 62,506
Prior Year
Restricted Unrestricted Total
Consultancy Income 2,250 - 2,250
Corporate Sponsorship - - -
Grants & Donations 32,493 6,580 39,073
Other Income 2,183 1,319 3,502
Project Income 1,430 - 1,430
Rental Income 350 15,901 16,251
38,706 23,800 62,506

All conditions relating to grants have been fulfilled during the year.

17

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

2. Expenditure

Direct **Restricted Funds ** **Unrestricted Funds ** **Unrestricted Funds ** **Total 2023 ** **Total 2023 ** Total 2022
Fees paid to artists 21,801 2,838 24,639 33,658
Health & Safety - 4 4 -
Maintenance & Cleaning - 764 764 22
Marketing 1,270 1,527 2,797 50
Materials 291 1,476 1,767 3,574
Printing 27 1,764 1,791 3,468
Project Accommodation 250 711 961 -
Project Sundry Expenses 976 355 1,331 221
Shop Sales - - 272
 - 272
 67
Transport 296 1,664 1,960 2,312
Venue Business Cost - 20,369 20,369 11,978
Accommodation 2,826 - 2,826 35
Support
Accountancy & Bookkeep - 1,830 1,830 2,576
Bank Charges - 15 15
Business Rates - 1,341 1,341
Fees paid to Co-Directors 39,765 2,218 41,983 22,675
Insurance - 600 600 754
IT Expenses 101 941 1,042 571
Other Consultants - 535 535 599
Postage - 86 86
Research & Development 158 - 158 48
Subscriptions & Affiliation 120 654 774 535
Subsistence 962 - 962 19
Travel 1,088 962 2,050
Depreciation 660 660 660
Training 19
Othe direct costs 1,531
Total Administrative Costs 69,931 41,041 110,972 85,374

18

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

3. Support costs

3. Support costs
Governance costs Total
Total
2023
2022
£
£
850
850
850
850

Governance costs are the independent review costs

4. Net Income (expenditure)

This is stated after charging:
Independent examiners remuneration		 2023
2022
£
£
850
850

During the year, no Trustees received any remuneration (2022 - £NIL) During the year, no Trustees received any benefits in kind (2022 - £NIL) During the year, no Trustee received reimbursement of expenditure (2022 - £NIL)

5. Debtors

5. Debtors
2023 2022
£ £
Trade debtors 380 3,122
380 3,122
6. Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors - 2,814
Accrued expenses - 850
 - 850
- -
- 3,664 - 850

19

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

7. Fixed Assets

7. Fixed Assets
2023 2022
Opening Balance 1980 1576
Additions 89 1064
Depreciation -660 -660
Closing Balance 1409 1980

8. Related Party transactions

There were no related party transactions

9. Staff transactions

There were no staff transactions more then £60,000 during the year

10. Statement of funds

Unrestricted
Restricted
Total of funds
Prior year
Unrestricted
Restricted
Total of funds		 Balance at
Transfers
Balance at
2022
Income
Expenditure
in/out
2023
£
£
£
£
£
44,632
33,090
41,041
36,680
959
92,434
69,931
23,462
45,590
125,523
110,972
-
60,142
Balance at
Transfers
Balance at
2021 Income
Expenditure
in/out
2022
£
£
£
£
£
64,672
23,800
33,840
10,000
-
44,632
3,786
38,706
51,533
10,000
959
68,458
62,506
85,373
-
45,591

20

originalprojects; - Charity registration number: 1181297 Financial statements and report for the year ended 31 December 2023

11. Analysis of net assets between funds

Current assets
Creditors due within one year
Prior year
Current assets
Creditors due within one year		 Unrestricted Restricted
Total
fund
funds
funds
2023
2023
2023
£
£
£
62,397
62,397
3,664
-
3,664
-
58,733
-
58,733
Unrestricted Restricted
Total
fund
funds
funds
2022
2022
2022
£
£
£
44,460
-
44,460
850
-
-
850
-
43,610
-
43,610

21