s Communitv Arts Network alRe rt *nd Flnanclal Statements ed 31° Jul 2025
Leeds Communi Arts Neh'ork CONTEN'TS Page Legal and Athninistra¢iv¢ Infonnation Report of the Trust¢¢s Report of the IndLyendeni Exarnin Staiemeni of Finan¢ial A¢iiviti¢s Balance Sheei Note% forniing part of Financial Staents
Ied5 Communi Art5 Network al and administrative inforniation Trustee5: Sw¥hcn r'ryatt Gillian Mye Maiihew Stirk Anith Adams James Sidgm'ick Diane McHale FartnoD Scoti Pennw(MNJ Addy tTran1 TrSrer. Gillian Myers Seeretxry: James Sidgwiek Chilr: Maithew Siirk Chirlty Offlee: Carriageworks Theatre 3 Millenium Square Lttds LS2 3AD Ch*rli)' Number: 1183694 Jndependeni Ex#mlner: Rob¢rt Smith FC'A Smiih Turn¢r CILthered Accounlants Unli 7. Courtyard 31 Pontefracl Road Norn]anlon Wtri Yorkthi WF6 IJU Bankeri: National weSttni$Ier Bank PIC Ltt(L%. City Office 8 Park Row LSI 5HD
Leeds Commu . Arts Network rt of the trustees for the ear ended 31" Jul 2025 The injsiees present their rert along with the r]nancial statements of the charity for the yeor ended 31, July 7025. The flnancial statemen15 hai'e been prepared in acconlance with the aceounting policies set out on page 7 and comply wilh ihe charity's tru deed and applicable law. Trustees The imsitts named on page I have served thmughoui the yeoT. Appointmeni of trustecs is governed by the Trust Deed of the charity. The t&Mrd of injsitts iq auihorised to appoxni new thjsitts fill vacancies arising through re4ignaiion or death of an exisiing injsitt. Constltutlon. Objects Polleles The Tru%t 1% constituted by tNst deed daied June 2019. and is a regisiered charity number 1183694. The objec14 aTe the advancemeni of the arts such as theatre, opera. musical theth. dance and creaiive writing for ihe public benefit in Leed% by.. ¢oordinaiin¥ the work of local e(mimunity arLs providers providin¥ prnclical ak%i51anee to ihe deliv¢ry of ¢ommunily arts wtivity provision of affordable access to the art¥ prgvision of WOTkthops panicipoling xiivitivb The ¢hyrily is organised so that the trusiees mtti regularly lo manage ILS affairs. To a&si51 Ihe trusiee% Ihey have appoinied a lregsurer and se¢retsry who manage the day to day adrnini51ralion of the charity. Developmenl. A¢tlvltle& Aehlevem¢tsi$ •ttd FIna¢11 Revl¢w When planning the aeiivities for the year ihe iru%iees have ¢onsidered the Commis4ion's 8uidan¢e on publi¢ benefit. The consider that ihe perfornjanee of the eharity Co1nueS io b¢ S81isf¥¢iory. Reserves Pollcy The preseni level of fundin¥ and unre¥tricied fund* is adequate to SUPPL)rt ihe cotttinuation of the charilies activitie% in ihe long iern]. The rleeS policy And IL% adequxy are reviewed annually. Rlsk Management The Iru.%lee% ll¢iively review Ihe major risk. tch the charity faces on a regular basiq and believe lha¢ maintaining re¢5 at ¢urrent levels. combined wilh an annual review of ihe conirols over key financial yStems. will provide %utYJ¢ieni rewuwes in ihe ei'eni of adverse condiiions. The lee5 have also examined other operalional and businebs risks faced by the Chariiy and confinn thai they have a%b]iShed %ysiems lo mitib¥ate the 4ignifi¢ant risks.
Leeds Communi Arts NehTr"ork rt of the trustees for the ear ended 31" Jul 2025 Trustees. responsibility for the ceoMnts Charity law requires ihe trust io prepare stalemenLS of account foT each fmancial year. which give a e and fair view of the qiaie of atTaiYs of the charity and of ILS incoming rwurces and applicaiion of resources for ihai period. In preparing iho%e financial st8iem¢nLs. the misiees are required to: select suitable accouniing polici and apply them cothsiqenily. ak¢ judgements and eslim85 thai rea9)nable and prudeni. prepare the financial siatements in accordance with the methods. and principles sei oul in the Sthiemeni of Recommended Praciiee Accouniing and Reportin8 by Chariiits and to qthte whdher or not the 8¢¢ount5' have been prepared in aCCordaee with ihat stameni and applieable accouniing standards. Prepare the financial sthtem¢nts on ihe 8oin8 COtM basis unl$ li is inappropriate io presume that the charity will coniinue in ormiion. The irn%iees are re%pon%iblL for keepin¥ prq)eT accouniin¥ records which are w(ficieni 10 %how and explain ihe charity's trdn5actions and to dixlose wilh reasonable accuracy al any lime ihe financial p0511ion of the Chariiy. nd io enable ihem io enure ihai any Alalemen of accouni comply wilh ihe requirement4 of Ihe Chariiy IAccouni% and Report41 Regulatio¥ 2008. They are allo rryon4ible for 4feguardin&i the ak%eL4 of the charity And iakingp rea¥4)nable %iep% for ihe peil0 and ddeciion of fraud and oiher irrektrularitie¥. Approv*1 Thi4 rtport approved by ihe Trusiees Ort 19 Febru¥ry 2026 and signed ort their behalf. .( LVLJQ ty- ' Gillian Myers Trustee
Leeds Communi Arts Network Independent Exminer'$ Report to the Trustees of Ikeds Community Arts Network I rq)ort on the accounts of the Charity for the year ended 31° July 2025 which are set out on page5 5 to 8. Respeetive respon$ibilitles of ¢ru$tees Thd eX•mIer The charity irnstees are responsible for ihe preparation of the accounts. The charity's trnstees consider that an audit 15 noi required for ihis year under seciion 144 of the Chariiies Act 2011 (the 2011 Act) and ihai an independeni examinaiion 18 nttded. It is my resporsibility io: examine the accounts under &eciiort 145 of the 2011 Aci; io follow ihe predUreS laid down in the Genernl Direaions given by the Charity Commission under seciion 14515llbl of Ihe 2011 Aci.. and tts s¢at¢ wh¢th¢r porti¢ular m#t¢ers hov¢ ¢ome io my 41tertliort. Basls of Independent ex8mlthers' report My examinaiion was carried oui in accordance with ihe Generdl Dire¢iion4 gii'en by Ihe Charity Con)mi%%ion. An examination Includ 8 review of the acc(ni]ng records kepi by Ihe ch&riiy and a compari.4on of the account pre%enied wilh tho re¢ord%. It al include4 cotL%iderniion of any unu%u81 iiem% or dilti%urtr in the ac¢ouni.4. nd Ihe %eekin8 of explanaiion% from you iTh.sietr concerning any such matte. The pr(edureS undertaken do noi provide all the evidence ihai would be required in an audii and. consequenily. no opinion 14 given as io whether Ihe accounls presenl a 'true and fair view. and ihe Teport is limiied to ihose matters sel out in the .siaiemeni below. Independent ex*mlners' $toteThJent In the couThe of my examinaiion. no matter come lo my attenlion.. I I I which giv me reawnable lo believe. Ihat. in any material respect. the requiremenl8.' io keep accouniing recorts in accordance with seciion 130 of the 2011 Aci; and io prepare acLounL% whilh accord with the acc(MJniing records and to comply Wilh the a¥¢oun1iD requirenKiiis of the Chariiitr A¢1 have noi been met,. or 121 to which. in my opinion, aiteniion should be drnwn in order io enable a proper Understandi of the accoun¢& to be reached. Robert Smith FCA, Smiih Tumer Chanered Accounthnts. Unli 7, Courtyard J l. Poniefraci Road, Nornianlon, WF6 IJU. Daied 19° Febnwy 2026
Leeds Communitv Arts Network Statement of Financi*l AltieS for the ear ended 31" Jul 2025 Unrestriet Fund Restricted Fund 2025 Tothl 2024 Totol In¢omlng Resourees: Tickei Income Iniere%l received Grani inLome Room hire Croyden House Summer School Sublcripiions Workshop 30.176 152 30.176 152 57.010 169 10.907 4,81A) 2.0 350 210 10,907 4.860 2,060 350 210 16,800 ?,985 2.518 650 TotAI Jneomlng Rewurees 48.721 48,721 80,132 Resourew Expended: Chirltable expendllure Soiieiy di%lribulion.s Grani% paid out SummLr cost Miscellaneous expen Award% evenin8 Reni & Uiiliiie8- Croyden House Room Hire F.xpendiiure Siagie F.lectriL% & Piano Workshop co¥1% 31.365 31.365 56.605 .053 2.893 2.893 337 71 4,137 11.752 9,378 244 4,160 15.233 244 4.160 15.233 192 54.087 192 54.087 Govertt#n¢¢ Co$ IinCr s remunerJlion Insurance Admini.%irative expen¢Ls 250 471 250 471 109 830 471 721 721 Net Incomlnglloutgolng) rewur¢¢¥ for th¢ year (6.0871 16.087) 14,031) Recon¢ili•lion of Fundj Total Funds Brought Forward Total Fund5 Carrled Forward 31.80? 25.715 31.802 ?5.715 35,1¢33 31.802 The notes on pa8e 8 fonn tArt of these financial statements
Le¢ds Communi Arts Nehvork B#lnee Sheet 31" Jul 2025 2025 Total Fund 2024 Total Fund Unrestricted Restrici Fund Fund Notes Curr¢n¢ Assets: C&%h at bonk 25.965 25.965 32.052 Credltors: Amounis folling du¢ wiihin one y¢or 250 250 250 Net Current Asyet81{LIabllltl) 25.715 25.715 31.802 Tot1 Assets Less Current Ll•bllItl. 25.715 25.715 31.802 Funds: Uttr¢slri¢ied fund Restricl¢d fund$ 25,715 31.802 Tothl fumls 25.715 31,802 Approved by the TNsttt$ on 28th Febjw 2026 artd 518ned on their behalf by: MsGMym The noies on page 8 fom) pan of financial ststements
Leeds Communi Arts Network Notts to the Flnancial Statemtnts for the er ended 311¢ Jul 2025 AccDllnting Policies In preparing lh¢ accounts the following ac¢¢)unting policies have been complied wiih. Bas1$ of preparation of etlMIDts The flnancial statements have b¢en prepared ynder the historical wst convention as modifled by th¢ revaluation of invesiments. in a¢¢ordarKe wilh Ihe provi%ion% of ihe Charity (Accounts and ReporLs1 Regulations ?(M)8. the Sthtement of Rwommended Prdclice Accounting and RqK>rting by Charities Irevised ?0051 and the Financial RetnIng Standanl for Smaller Entitics leffective ApTiI 21M)8). Income Income is ae¢ount¢d for ort an ¥¢ru4ls b05is far 45 it is prudeni io do so. Cpifts in kind The Chariiy receives the benefii of work carried out by voluntttrs. Taxation As a regi%iered Chariiy li is generally exempt from Incomc Tax and Capital Gain5 Tax but not V AT. Irrecoverable VAT is included in the cosi of ihose iiems to which it relates. Govf rnjnfe costs Expenditu on rnon8gem¢ni and administraiion of ihe charsry comprises costs of nning the charity ilself and this include5 5ecreiary s h[orariuM and examiner's fee Siaff tO8t No remuneration paid io the trusitts in the curreni yeaT and no Tru51tts' expense5 We reimbuts¢d in the year. Credltor8: Amounts Falllng Due Wllbln One Yer 31.07.25 AccThed expenses 250