**Arts For Life Project (UK) Report and Financial Statements for the Year Ended 31 March 2024** **Charity number 1182882** **Arts For Life Project (UK) Report of the Management Committee for the year ended 31 March 2024** The Management Committee presents its directors' report and audited financial statements for the year ended 31 March 2024. ## **Reference and Administrative Information** ## **Charity Name:** Arts For Life project **Charity registration** (UK) 1182882 **number: Registered** 8 Rickmansworth Road, Pinner HA5 2ST **Office:** Forge House, Forge Lane, Northwood, Middx **Operational Address:** HA6 1DP ## **Board of Trustees:** Penny Ericson Chair Jonathon Grosskopf Treasurer Emma Matthews Secretary Dahlia Basrawi John Cadman Jeff Rollason ## **Senior Management Team:** Beth Gevell Director ## **Bankers** Barclays Bank Plc, WEMBLEY & PARK ROYAL 2, LEICESTERSHIRE, LE87 2BB The Cooperative Bank, PO Box 250, Skelmersdale, WN8 6TW ## **Our Aims and Objectives** ## Purposes and Aims Our charity's purpose, as set out in the objectives contained in the charity’s constitution, is to facilitate relief and support for challenged children and young people between the ages of 8 — 25 years old, including their families, carers and support networks. We do this primarily through using the integrative arts in therapy and education. ## We aim to: - Provide specialised combined arts and mental health based services - Relieve the pressures of day to day life for children with challenges, as well as their families/carers - Help young people – especially, but not exclusively - through art based activities and therapy, by providing a safe environment for them to relax, learn and benefit - Ensure affordable access to proactive mental health support for the wider community. - Encourage proactive mental health development and support through an arts-based approach - Develop and create opportunities for open communication for young people and their parents/carers - Create opportunities for partnership with other agencies and support services, providing information, advice and raising awareness to develop a whole new approach to youth and mental health - Be all inclusive, accepting children and their families from every walk of life within the Greater London area Our aims fully reflect the purposes that the charity was set up for. ## Ensuring our work delivers our aims We review our aims, objectives and activities each year. This review looks at what we have achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aims, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. ## The focus of our work A great many young people suffer from poor mental health and experience problems such as social isolation, depression and anxiety. Therefore, our objective is to continue to help these vulnerable young people and their families to feel more engaged and less isolated. Arts for Life continues to support families experiencing a mental health crisis, helping to prevent community disengagement, anti-social behavior and co-morbid conditions. The strategies we use to meet these objectives include: - Providing a range of programmes which are reflective of our participants’ needs and address the potential problems related to special educational needs and mental wellbeing. Within a nurturing group setting, each session provides young people with a safe space to explore and benefit from the therapeutic impact of artistic expression. Through an array of enjoyable, relaxed activities, participants build emotional intelligence and develop proactive mental health skills—gently guided, yet subtly interwoven into every moment of fun and discovery. - Limiting the potential for isolation which comes with complex needs, not only for the individual but also their family, friends and support network. - Working in partnership with other agencies to secure the widest range of services to best match the needs of its participants. How our activities deliver public beneft Our main activities and who we try to help are described below. All our charitable activities focus on the reduction in social isolation & community disengagement, and the risks of mental health crisis in young people aged 8 — 25 years. Our activities are undertaken to further our charitable purposes for the public benefit. Who uses and benefted from our services? Participants are 8-25 year olds who have social, emotional, behavioural & communication challenges. Our participant numbers over the period 2023 – 2024 continued to grow. This, as well as the increased needs of participants, has lead us to further expand our staff and volunteers, as well as our service days. In 2023 – 2024, the charity continued to support the families and siblings of participants. This was through our "stay and chat" cafe where we have a parent/carer support worker, as well as through talks and parent/family well-being sessions. Our services and beneft Our services provide a vital role within the community, supporting young people between 6-25 years and their families who find themselves on the margins of society due to mental health challenges, learning challenges and special educational needs. Our services offer both grant-funded spaces and paid-for spaces, and are means-tested to offer the service to the wider community. Through the therapeutic value of the creative arts, Arts for Life has made a significant difference in the lives of many challenged youngsters. What our users say: ## _**Age 10**_ _I really enjoy arts 4 life because I feel safe around everyone there. Everyone tries to make it enjoyable for me. I have a lot of friends there._ _I have a lot of anxiety and being in the centre with you all has been great as you have all helped me and supported me in trying to conquer my anxiety._ _This has really helped me a lot and I want it to stay this way. I have a lot of good times and have made a lot of happy memories._ _I have a lot of trust in the adults that take care of me and others whilst we are together. I would be lost without Arts 4 Life and the lovely humans who make it fun and awesome._ ## **Age 12** _Hi, my name is Freya and on a Wednesday I go to arts for life. I love arts for life it defiantly helps me with a lot of things. I feel safe at arts for life. It helps me calm down and relax. When I am at arts for life I feel like all of the weight is taken of my shoulders. When I was in year 4 I was diagnosed with autism spectrum disorder. When I am at arts for life I feel safe to talk about it and tell the staff there about things that maybe I don’t feel I can talk to with my friends. At arts for life I have made many pieces of art I feel really proud of myself. All this art has told me that even with dyslexia anything is possible. The staff are really kind and so are all the children._ _At arts for life, I have made art with paint, glue, pens, pencils and even a special mixture involving hand gel! I am soooooooo glad I found arts for life, and now I hope to stay and make more amazing work and art._ ## _**Age 17**_ **- Creative Crew & Volunteer** _“Before I joined arts for life I felt lost and thought I had no direction and no one to talk to. I struggled with my feelings and emotions so much that it was affecting my social life and my mental health. I was scared to express myself and wasn’t sure how to. At arts for life Beth and others helped me realise that my feelings were perfectly normal and that arts for life was a safe space to express them, they also helped me understand why I was feeling a certain way and what I could do to make me feel better or what a safe way to express myself could look like. I have suffered so many awful things and being adopted has been something that I have never been able to understand. In my new family I then had to deal with my Dad being an alcoholic and abusing me and my mum and now I don’t get on with her well. I did try to go to CAHMS but it didn’t work for me, then I started Therapy with Debbie as well as going to Creative Crew and this really has helped me grow in so many ways. I am now back at school, I got 4 GCSE’s which is mad as I thought I was going to end up in jail at one point as the police were always called to come to find me when I ran away._ _Now I’m nearly 18 and have a much better understanding of my feelings and emotions than I did when I first started. I can now safely express my emotions and understand_ _why I felt the way I did. It has helped me a lot mentally, emotionally and has had a very positive impact on my social life too. I know it sounds lame but arts for life have literally saved my life. Now I help out once a week and sometimes I see myself in some of the children and I can support them because I was like them too a few years ago.”_ ## _**PARENT**_ _Our family have been involved with Arts for Life for two years. I write our family because, although it’s our daughter who attends weekly sessions, the support reaches beyond a weekly art session. Beth and the team are undoubtedly always with us to support us and to make us feel heard, seen, and most importantly, not judged. It has been a lifeline at some difficult moments._ _Our daughter has been able to navigate burnout through the gentle, caring environment of Arts for Life. She looks forward to the hour per week when she can be herself and is accepted for that. She is made to feel welcome, valued and part of the team. Her strengths are seen. She has produced some fabulous pieces of art which allow her a sense of success and the feeling of achievement._ _For many families like ours, it can be a frightening and lonely journey to navigate the challenges of managing a child with a neurodiverse presentation. Arts for Life is such an incredible resource in enabling families to feel supported and reassured and we are very grateful to have had this support for the past few years_ ## **Financial Review** Arts For Life Project continued to see an increase in the demand for services and an extension of services to the community. The charity continues to grow and source additional funds to cover the increase in need and our developing services. With the aid of sound financial management and the support of its board, staff and volunteers, the charity has had a very good year. Net surplus after operating expenses dipped slightly from £76,434 to £68,988. However, this still leaves the charity in a strong financial position with total equity increasing from £127,164 in 2023 to £196,152 in 2024 ## Reserves Policy The Management Committee has examined the charity's requirements for reserves in light of its main risks. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure. The reserves are needed to meet the working capital requirements of the charity and the Board of Trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding. ## Structure, Governance and Management Governing Document The organisation is a charitable incorporated organisation, incorporated on 9 April 2019. The charity was established under a constitution which established the objects and powers of the charity. ## **Recruitment and Appointment of Board of Trustees** The Board of Trustees are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting. All members of the Board of Trustees give their time voluntarily and receive no benefits from the charity. ## Trustee Induction and Training Most trustees are already familiar with the practical work of the charity through volunteering at activities and fundraising events. New trustees are invited and encouraged to attend an induction session to familiarise themselves with the charity and the context within which it operates. ## Risk Management The Board of Trustees continues to review of the major risks to which the charity is exposed. This forms part of our strategy plan and the risk register is reviewed at every trustee board meeting. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures and policies are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. These are periodically reviewed to ensure that they continue to meet the needs of the charity. ## Organisational Structure The Arts For Life Project has a Board of Trustees of 6 members who meet quarterly and are responsible for the strategic direction and policy of the charity. At present the board has members from a variety of professional backgrounds relevant to the work of the charity. A scheme of delegation is in place and day to day responsibility for the provision of the services rests with the Chair of Trustees along with the Directors. The Directors are responsible for ensuring that the charity delivers the services specified and that key performance indicators are met, along with the responsibility for the day to day operational management of the Centre, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice. Responsibilities of the Management Committee Company law requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date, and of its incoming resources and application of resources, including income and expenditure, for the financial year. This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities. Approved and signed off electronically by the Board of Trustees on 8[th] August 2024 and signed on its behalf by: Mrs P Ericson ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** S & E ACCOUNTING KEEPING IT SIMPLE AND EFFICIENT 2sth (ktoi*r 2024 Arts For Life PTr)ject IIIK) Forge Hou Forge Ianc Norfhwo(MJ HA6 IDP Rt A¢e•••ts•ts Reth Report tor 2•23 2024 Arf• For IAf¢ ProJe¢i {UK) Cknrlts. No: 1182882 We write vou in amnection to your instnxlion to in(kwdent revivw of tl% fim the Cl*rit% Tru5tr¢S of the TrusL you are TE5wmsible for the FYepw*ion of the Tn Mith the requitements of th¢ Chariiies Act 2011. e ￿ in Te*¥rth of the cxamination of th¢ TnLsVs ￿)Unts iarried out under seaion 145 of the ?01 l Aa a￿1 in carr¥'ing out the examination. we have followed the appli¢able Direaions gtven bi" the ClwNty Commtssion under seclion 14515Xb) of th¢ Act. e have ¢omplered the examination and Can confim) that no m￿¢￿181 matters have ciqne lo our atteniion tn c(mneaion with the examination which give u5 to irlieve a *•** AL¢oLwing re￿￿d5 were th)t kept in XC0rda￿ with s¢ction 130 of the Ath or YouT5 5inraely /•L Sieve Phillir6 88A HENWICK ROAD RT Ir)HNJ ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** |**Note**
**Incoming resources**
Income from Charitable Services
2
_Activities for generating funds_
Operations
Investment income
4
**Total Income and endowments**
**Expenditure**
_Cost of generating funds_
Fund raising costs
5
Sub total cost of generating funds
_Charitable activities_
Cost of charitable activities
5
Governance costs
5
Exceptional Item
5
**Total Expenditure**
**Net income / (expenditure)**
**Reconcilliation of Funds**
Fund balances at 1 April 2023
**Transfer between funds**
.
_Incoming resources from_
_h_
_i_
_bl_
_i i i_
**Fund Balances at 31 March**
**2024**|**Unres**
**Fu**|**FOR YEAR ENDED 31 MARCH 2024**
**Total**
**Total**
**tricted**
**Restricted**
**Funds**
**Funds**
**nds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
125,403
157,813
**283,216**
149,328
147
-
**147**
27| |---|---|---| |||125,550
157,813
**283,363**
**149,355**| |||0
257
**257**
1,094| |||0
-
257
1,094
55,512
157,556
**213,068**
70,777
1,050
0
**1,050**
1,050
-
-
-
0| |||56,562
157,813
**214,375**
**72,921**| |||68,988
0
68,988
76,434
127,164
0
**127,164**
50,730| |||196,152
0
**196,152**
**127,164**| |||| These financial statements have been prepared in accordance with the financial reporting standards for smaller entities The Company is exempt from audit under CA 2006, s.477 (small companies) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with CA 2006, s 476 and The directors acknowledge their responsibilities for complying with the requirements of CA 2006 with respect to accounting records and preparation of the accounts. S. 472(2)-(3) These financial statements were approved by the members of the board of trustees on 8 August 2024 and are signed on their behalf by: ## **Penny Ericson** **Chair** ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **BALANCE SHEET** ## **(INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## **Consolidated and Charity Balance Sheets** ## **Year Ended 31st March 2024** |**Note**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors – amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Unrestricted funds**
General
12
**Restricted funds**
13
.|**Charity**
**2024**
**2023**
**£**
**£**
-
-| |---|---| ||-
-| ||17,029
41,044
217,214
145,246| ||234,243
186,290| ||(38,091)
(59,126)| ||196,152
127,164| ||| ||196,152
127,164| ||196,152
127,164
-
-| ||**196,152**
**127,164**| These financial statements have been prepared in accordance with the financial reporting standards for smaller entities The Company is exempt from audit under CA 2006, s.477 (small companies) q p y y q with CA 2006, s 476 and The directors acknowledge their responsibilities for complying with the requirements of CA 2006 with respect to accounting records and preparation of the accounts. S. 472(2)-(3) pp y g signed on their behalf by: **Penny Ericson Chair** **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **AS AT 31 MARCH 2024** ## **1. Accounting policies** The charity constitutes a public benefit entity as defined by FRS 102. 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102)). 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 trustees anticipate that there will be sufficient unrestricted reserves for the charity to continue as a going concern and therefore the financial statements are prepared on a going concern basis under the historical cost convention, modified to include the revaluation of investments. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. 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. The accounts have been prepared on the historic cost basis. ## **Funds** Funds held by the charity are either:  Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.  Designated funds - these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.  Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **Income** Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income has been met, it is probable that income will be received and the amount can be measured reliably. Such income is only deferred when:  The donor specifies that the grant or donation must be used in future accounting periods, or  The donor has imposed conditions which must be met before the charity has unconditional entitlement. Income from commercial trading activities is recognised as earned (as the related goods and services are provided). Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the trustees’ annual report for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. ## **Interest receivable** Interest is included when receivable by the charity. ## **Expenditure and irrecoverable VAT** Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of the proportion of time spent by staff on those activities. ## **Allocation of support costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources. Support costs include back office costs, personnel and payroll. **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **AS AT 31 MARCH 2024** ## **Pension costs** The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the income and expenditure account. ## **Redundancy costs** Following the accrual accounting methodology, liabilities for redundancy and termination payments are recognised when the obligation to make the payment arises and not when the payments are made. ## **Governance costs** Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory accounts and legal fees. ## **Operating leases** Rentals payable under operating leases are charged in the Statement of Financial Activities as incurred. ## **Tangible fixed assets** Tangible fixed assets are capitalised at cost and depreciated so as to write them off over their anticipated useful lives at the following annual rates, commencing in the year of acquisition: Fixtures and fittings 25% reducing balance Motor vehicles 25% straight line Computer and office equipment 25% straight line ## **Debtors and creditors receivable / payable within one year** Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. ## **Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account ## **Provisions** Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefit will be required in settlement and the amount can be reliably estimated. ## **Tax** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **Legal status** Arts for Life UK is a Charitable Incorporated Organisation and is registered with the charities comission ## **Judgements and key sources of estimation uncertainty** In the application of the charitable accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. AGE CONCERN WOLVERHAMPTON TRADING AS AGE UK WOLVERHAMPTON COMPANY NO: 03088739 CHARITY NO: 1051232 ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **2 Income from charitable services** |Grants and service level agreement receivable
National Lottery
Grants other than National Lottery
Income from donations and fundraising
Income from Projects
Income from Clients|**Total**
**Total**
**2024**
**2023**
**£**
**£**
**£**
**£**
-
98,238
98,238
30,783
3,174
35,978
39,152
29,349
26,117
26,117
10,515
18,380
23,597
41,977
54,897
77,732
77,732
23,784
**Unrestricted**
**Funds**
**Restricted**
**Funds**| |---|---| ||125,403
157,813
283,216
149,328| ## **3 Operations** Operations revenue consists of contributions towards operating costs from service users |**4 Investment Income**
Interest on fixed and notice bank accounts|**Total**
**Total**
**2024**
**2023**
**£**
**£**
**£**
**£**
147
-
**147**
**27**
**Unrestricted**
**Restricted**| |---|---| ||147
-
147
27| ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **Analysis of expenditure on charitable activities** Ths Charity undertakes direct charitable activities only and does not make grant payments. |Direct Charitable expenditure
Commercial trading operations
Cost of generating funds
Governance
Exceptional Items
Total resources expended|**Staff costs**
**Other Costs**
**2024**
**2023**
**Unrestricted**
**Restricted**
**Unrestricted**
**Restricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
40,893 111,116 12,025 46,440 210,474 56,390
- - - - - -
1,094 - - - 1,094 1,094
1,500 - -
1,500 1,500
---**-**- -| |---|---| ||43,487 111,116 12,025 46,440 213,068 58,984| ## **Other costs** |**Premises costs :**
Accommodation (Rent/Utilities/Cleaning)
**Communications costs :**
Telephone & internet
Printing, postage & stationery
**General office costs :**
Staff & volunteers travel
Staff & volunteers expenses
Professional fees & subscriptions
Insurance
Repairs, maintenance & support contracts
Publications, advertising & recruitment
Training costs
General office & miscellaneous expenses
Vehicle costs
Equipment
Depreciation
Bad Debts
**Total costs**
Charitable Activities
Fundraising Costs
Governance|**2024**
**Unrestricted**
**£**
4,744|**2024**
**Restricted**
**£**
15,031|**2024**
**Total**
**£**
19,775|**2023**
**Total**
**£**
10,168| |---|---|---|---|---| ||.
579
108|
539
2,347|1,118
2,455|-
1,195| ||687|2,886|3,573|1,195| ||524
100
3,270
1,831
13
2
854
-
-|540
56
2,799

4,421
440
392



19,875
-
-|1,064
156
6,069
-
6,252
440
405
2
-
20,729
-
-|366
37
580
-
2,001
-
40
-
-
-
-
-| ||6,594|28,523|35,117|3,024| |||||| ||12,025|46,440|58,465|14,387| ||12,025
1,050|46,440
257

|58,465
257
1,050|14,387
1,094
1,050| ||13,075|46,697|59,772|16,531| **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **7 Analysis of staff costs** |Salaries & wages
Social security costs
Pension Costs - Stakeholder Pension
Redundancy||**2024**
**Total**
**£**
146,348
5,926
2,329
-|**2023**
**Total**
**£**
45,299
2,671
2,680
-| |---|---|---|---| |||154,603|50,650| No employees had benefits in excess of £60,000 (2023 - no employees had employee benefits) . The average number of staff employed by the group during the financial year amounted to : 7 No trustees received any remuneration ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **8 Movement in total funds for the year** |**Operating surplus/deficit is stated after charging :**
Staff Pension Contributions
Depreciation
Accountancy Fees|**2024**
**£**
**2,329**
**-**
**4,320**
**6,649**|**2023**
**£**
**2,680**
**-**
**1,948**| |---|---|---| |||**4,628**| **9 Tangible fixed assets** ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **10 Debtors** |**Debtors**|| |---|---| |Trade debtors
Rent Deposit
Prepayments|**Charity**
**Charity**
**2024**
**2023**
**£**
**£**
10,129
33,794
2,900
2,900
4,000
4,350| ||17,029
41,044| ## **11 Creditors - amounts falling due within one year** |Trade creditors
Other creditors
Pensions Payable
Taxation & Social Security
Net Wages
Accruals & deferred income (*)|**Charity**
**2024**
**2023**
**£**
**£**
1,231
408
373
1,380
1,421
2,957
35
9,421
23,925
56,066| |---|---| ||**38,091**
**59,126**| . ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **12 Reserves** |**Fund movements:-**
General fund :
Balance 01 April 2023:
Movement in fund for the year
Balance at 31 March 2024:|**2024**
**£**
-
127,164
68,988
196,152|**2023**
**£**
-
76,434
50,730| |---|---|---| |||127,164| ## **13 Restricted Funds** |The National Lottery
Nhs Cafe
Young Harrow Foundation
Hillingdon Council
John Lyons
Tesco
Frustrated Communication
Heathrow Community Trust
Jack Petchey|**Balance b/f**
**Movement in Resources**
**Balance**
**01.04.2023**
**Incoming**
**Outgoing**
**Transfers**
**31.03.2024**
**£**
**£**
**£**
**£**
**£**
24,328
97,835
(98,238)
-
23,925
6,597
(6,597)
-
0
20,000
(20,000)
0
17,000
(17,000)
0
3,000
(3,000)
0
500
(500)
0
4,150
(4,150)
0
188
(188)
-
0
4,040
4,100
(8,140)
-
0| |---|---| ||34,965
146,773
(157,813)
-
23,925| The balance of these grants is showed in deferred income in the creditors note and showed in note 16 ## **Arts for Life Project (UK) COMPANY NO: CE017121 CHARITY NO: 1182882** ## **NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2024** ## **14 Pensions** The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in independantly administered funds. The pension charge represents contributions payable by the company to the funds within the year. At the year end £1380, (2023 £1,421) were owing to the pension companies. The pension charge of £2,329 (2023 £2,680) was made in respect of contributions made by the company to funds within the year. ## **15 Financial commitments** As at 31 March 2024 the charity has annual commitments under non-cancellable leases as follows |Land and Buildings
2024
£
Within 1 year
-
1 - 2 years
-
2 - 5 years
-
-|Office Equipment
2024
£
-
-
-| |---|---| ||-| ## **16 Analysis of Charity net assets between funds** |**Tangible**
**Cash at bank**
**Other net**|**Unrestricted**
**Restricted**
**2024**
**Funds**
**Fund**
**Total**
**£**
**£**
**£**
217,214
-
**217,214**
(1,137)
(23,925)
**(25,062)**
| |---|---| ||216,077
(23,925)
**192,152**| ## **17 Taxation** The company is a registered charity and no provison is considered necessary for taxation ## **18 Related Party Transactions** There were no transactions with related parties during the year and no balances outstanding with any related parties ## **19 Events after the balance sheet date** The trustees are monitoring the ever changing situation. The trustees are confident they have enough funds going forward