R•gl#t•r•d nvmbtrr: 11307517 Charlty number: 1185771 CHAPEL ARTS STUDIOS (A Company Llmhed by Guaranlee) UNAUDrrED TRUSTEES. REPORT AND FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2024
CHAPEL AKrs sruDIOS (A Company Umltsd by Gu•ro) Page R01er8nee •nd Admlnlslrnllve D•t•ll* of tho Chwlty. hs Trust •nd Advlw• Tn608. Report Indopondont Examln•rfs Roport St•t•mont of Fln•n¢lal Actlvltlès 27 28 B•lance Sheet Noles to thg Flnanclal Stalamw
CHAPEL Awfs STUDIOS {A Comp•ny Lhnlt•d by Gu•r•nt••) REFERENCE AND ADMINISTRAnVE DEfAILS OF THE CHARITY. rrs TrUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Yinnon Ezra MBE, Trusteg Kay May, Chwr Tony ncer, Trusiee (resign1 t3 November 2023} Chartotte Marcharrt. Trustee Toby Benjamin Michael, Trustee {re5fvjrd 23 November 20231 Jonalhon Adams. Tnjstee Dr Ronda GoY4lan¢Pryd6. Trust89 Ruth RoMe-Tarrant, TnJ5tee CravJ Wadman, Trustse lèpwinled 23 JanuAry 21241 Comp•ny r•glst•r•d numbor 11307517 Charfty rnglstsr•d number 1185771 Regl8tor•d offl¢e P8liGan Court New Stroel Andover Hampshiro SP10 1DR Indepondont Examln•r Xoina¢thn Soulh East Llmiled Suite 2 He6Y House D6ne Road Andover Hampshlre SP10 2A4 Banker CAF 8ank 25 lfjngs Hill Avenuo ros Hill Wost Malliry Kent ME19 Page I
Annual Report Ist April 2023 - 31st March 2024 Creating opportunity & community through art
CHAPEL AR TUDIOS chapel Arts Studios (CAS) is a socially engaged contemporary visual arts charity based in Andover, Hampshire. We are one ol Arts Council England's National Portfolio Organi5ations (NPO)- The advancement and promotion of the arts and in particular the social, economic and cultural contribution of visual arts for the public benefit The advancement of education and the furtherance of public knowledge, understanding and appreciation of the arts and in particular the visual arts. 41 chapel Arts Studios c/0 KHams Bookkeeping office 5, Pelican Court New Street Andover, Hampshire SPIO IDR
CHAIR'S INTRODUCTION l am delighted to introduce this chapèl Arts, Trustees, report. It contains a huge amount ol information, capably compiled For me and my Fellow Trustees by our hard-working staff. The i nlormation, of course, illustrates the overwhelming achievernents accomplished over the past year. The feedback I have seen from members of th8 community demonstrates how valuable these aehi8vements are to Andover. CAS Community offers art cours8s and community engagement events in the centre of Andover many of which are either free or subsidised, to make them accessible to all. CAS also runs a range of outreach art programme5 in the communities of Test Valley and North Hampshire, supporting the dovèlopment of youn people and Ludgershall and Smannell skate Park Youth Summer Camps, whitchurch children's Festival and The National Saturday club. ESDA (Emerging Sculptor D8velopment Award) 15 a pro9ramme for up and coming sculptors. 2023/24 was our first year and pilot for this programme. It was supported through an exhibition at Sir Harold Hillier Gardens in Rornsey. We are committed to the cultural transformation of Andover and will continue to contribute as we have done over the past year, as well as providing an increasingly stimulating and nurturing environment for our Associate Artlsts. Since 2018 CAS has established itself as a force of its own in the cultural life of Andover, the Tast Valley and North Hampshire. It has grown from an (rti5ts' community to so much more. Today CAS inspires and develops th8 next generation of artists and engag8S With communitios in creativity and high quality visual arts. We inspire childr8n, grow their skills and passion for art and sv port them through their art ucation, frorn junior to senior, until the join us on our graduate programme an op into young professional artists who in turn can mentor and dévelop the younger generation. Sev8ral programmes are belng developed to ensure CAS'S 50cially- engaged priorities permeat8 our courses, events and exhibitions. These include our neurodivorgent creatives, environment. social prascribin9 and vulnerabl8 yovng people's programmes. Our Associate Artists are an irnportant part of CAS. We have now introduced the Artist Takeover which involves our Associate Artists takin space at The chapel P over our gallery orawéa exploring their practice, offering communi engagernent activities or Curating t eir own exhibition. CAS is now in it5 second round of NPO Arts Council Funding. The original home at The chapol now hosts artists, residencies and hi h quality exhibitions comrnunities. With th8 help of the local Council we hove also been able to expand into an additional venue on the High street. 2023/24 has seen much change at CAS. Establishing itself as an organisation with good governance has been our locus. To that end we have had to make difficult decisions and the Board has led the charity through a full restructur8 in line with it5 Strategy.
CHAIR'S INTRODUCTION We are now confident that we hav8 the ri ht management structure and systems In place to grow and develop the organisation in tEe future. l am delighted to welcome Craig Wadman, from Winchester School of Art as one of our Trustees and would like to thank Toby Michaels who stood down as a Trustee during 23/24. I would a150 lik8 to thank CAS, staff. my patient fellow Trustees, stakeholders and the increasing number of valiant volunt8ers. who make chapel Arts such a happy, productive and vibrant organisation. Chair Of th• Board a Trwt••s chapel Arts Studios ARTISTIC VENUES FORANDOVER FREE AND PAID ACTIVITIES/EVENTS DELIVERED MISSION AND PURPOSE W8 w¢t to create opportunity and community through art becaus8 we believe that art and culture can fundamentally transform lives. Through art we con enga98, explorè, challenge and create a landscape where people and communities communicate on the same lèvel, thus creating a cvlture of possibility and community eohesion. We believe that a culture of inclusion In art Can create a level playing field for all and will create a home for everyone to enjoy, and with the right18adership, we can build a cultvral and inspiring Andovar. We are part of the cultural transformation of Andover by championing inclusion and by creating possibilities. We create communities of artists and creatives, offering a home to them all, improving the health and wellbeing of the most disadvantaged. We are pvtting Andover on the cultural map. It is our mission to inspire creativity and by working With our local communities we 9IV8 a sense of belonging to everyone engaging with us. We develop and nurture artists of all ages to maximise their potential and inspire our communities by sharing high quality art with them. During 2023/24 chapel Arts Studios (CAS) continued its journey, following its strategy and dèlivering its Arts Council NPO (National Portfolio Organisation) targets which are closely aligned with CAS, strategic aims. 2023/24 was the first of three NPO knnding year
STRUCTURE, GOVERNANCE AN MANAGEMENT CAS underwent a full restructure in 2023/24 which has resulted in a more strategically aligned staff structure: EXECUTIVE DIRECTOR CREATIVE ADMINISTRATIVE Cr•aliv• Comrnuniti Pro rarnme Exhibition & Events Curatorid pport Contractor5 6 Consukants ork¢tiTh9 6 Comrnunlcallons Lead Lead Croattvo PpIe office Manager Saturda As5iStan Technician Sotvrday clvb Tutors Buildin9 Contractors Commissioned Artist5 Cornmissiorbed Artists Chapel Intém Volunteors CAS Cornmunty Volvntè•rs choptsl Volunt8ers 2023/24 has s88n a full restnJ¢ture of CAS operations with staff roles red8fined and structured to enable an alignment to CAS, strategic objectives and NPO targets. The Executive Dirèctor is ov8rseeing both th8 creative and administrative teams. The creative team has been divided into three individual roles, each looking aft8r distinct areas within our strategy - exhibitions and events at the Chapel, operations at CAS Community, and the Outreach programmes. Every member of staff has rec6iv8d a Personal Development Review, with everyone receiving individual tar9ets and staff budgets. We implemented a training programrné with all staff receiving induction training. In addition, all staff received Level 3 safeguarding training in 2023/24 with further First Aid training.
We have expanded our pool of volunteers from 11 to 39 between 22/23 and 23/24. CAS Community has attracted many more volunte6rs. However, we are still not well equipped and resovrced to offer volunteers a rewarding and structured experience. This is something we need to work on and is part of our lundrai5ing elfort. In 2023/24 we hosted a curatorial intern from Winchester School of Art. she assisted with our Open Open exhibition and our graduate programme exhibition. Durin9 2023/24 the Board reviewed it5 Conflict of Interest Policy. The Register of Interest is updated annually by Trustees and th8 register is presented as a reminder at every meeting. The 8oard reviewed its environmental policy and action plan, os well as its purchasing process and finance policy during the year. As part of the Arts Council annual reporting conditions we have carried ovt an equality and diversity survey. EQUALITY, DIVERSITY AND INCLUSION Th8 CAS team is committed to improving access to the arts for all people. Responses from our annual survey showfjd that staff, contractors and volunteers come from a mix of backgrounds. In March 2023 our records show a majority of female staK. contractors and volunte•rs in th• ag• brack•t ts•twn 18-74. 40% of staff w•r• from a non White/British background, with n•arly 40X of staff and contractors id•ntifying nourod•v•rg•nt We have a rnix of able and disablèd voluntègrs with a rang8 of different sexual orientations. We will continue to work with our staff, contractors, volunt88rs and visitors in developing pro9rammes that reflect their needs and offer an inclusive environment where everyone can feel safe and comfortable. Since 2022 CAS has developod its offerin9 for neurodivergent creative& It ran several workshops with n6urodivèrgent P80ple in partn8rship with Jon Adams and Flow Obseryatorium to identify the need and draft a policy which was d8v8Iop8d and adopted in 2022. An 8asy road version has been available on the website since 2023.
The first stage in our programme implementation was the inknsion of the support of neurodivergent people throughout CAS, existing programmes and projects. This has resulted in focusing our National Saturday club Programme on neurodivergent young people and our offer to parents of neurodivergent children for places in our Kid5 club and Home Ed programme. Andover has some of the m05t deprived nei9hbourhoods in Hampshire (lowest 20-30'A nationally). As a socially-engaged arts organisation this creates many opportunities for CAS to have a positive impacL Despite being a relatively wealthy borough, there are pockets of high deprivation in Andover, surrounded by wealthy villages and suburbs. The Andov8r Cultvral Forum is a group of people from diverse backgrounds who come together to learn from and celebrate different cultures. Or9anis6d by Test Valley Borough Council it emerged from the Finding Friends report and the Arts Council and Test Valley Arts Foundation-knnded Jubilee multi-cultural arts festival. The group meets monthly and CAS attends regularly and supports th8ir arts initiatives and creative activities. Jll dl 11111
EXECUTIVE DIRECTOR S PROGRESS SUMMARY 2023/24 was mark•d by ehango. I would liko to thank our rtaff, Board of Trust5. volunteers and stakohold•rs for working with us and showing support and understanding during turbul•nt timo5. It is with 9reat pl•asur• that I can r•port huge progrnss in th• d•liv•ry Of our plans despot• much ¢hang• in our staffing and v•nu•s and aMo¢•at•d pr•uur•s. In 2022 the Board. staff, stakeholders and our artists all contributed to our Strategy (2022-2027) which is based on three themes.. place, people and programmes. Place The chap81 _ our moin exhibition venue whore we host6d solo and group Oxhibitions. as well as a number of Art15ts' Takeovers in 2023/24. This was the first year ol our planned exhibition programme with a number of new innovations. We held our first ever Open exhibition which was a great succ6ss with the winner OF the lirst prize having a 5010 exhibition at Th8 chapel Gallery the naxt yoar. For the first time, we also introduced Artists Takeovers at The Chapel with our Associate Artists occupyin9 the space for experimentation, exhibitions and ev8nt& This is a wonderful way to brin9 back a more experimental feel to the chapol. By excelling as a centre for cont8mporary visval arts in Andover, Test Valley and North Hampshire we ofFer people within our communities the opportunity to engage in high quality CAS Cornmunity- much of our effort this year has gone into opèning and dèveloping our naw High stra&t venu8. workshop cmd offic85. We have begun to curate this as a place to engag8 With tho community, develop skills and provide a homo for all ereatiV8s. as well a5 our socially engaged programmes. creative activities and great art. We have njn art residencies and have been working Wlth partners to creat8 OPPOrtunities to engage in cfft and creativity around the area.. EPR (Educational Project Residency) workin9 Wlth Anton Junior School- Andover College hosting our joint National Saturday club pilot,. and wa have been working with Yellow Brick Road Proje¢ts on our vulnarablo young people'5 programme,. as well as workin9 Wlth R¢xhe Court and Sir Harold Hillier Gardens to deliver our ESDA (emergin9 sculptor development award) pilot programme. CAS also led the creation and development of ANCO {Andov8r NeIOrk of Cultural Organisations) in 5VPPOrt ol Andoverfs culturat r8ganoration.
People Childr•n: in 2023/24 we started offering art education through our Kids club and Home Ed groups at CAS Community, as well as free creative sessions and skills-building coursès for children of all agas at the venue. These included our free monthly family creative sessions, the Free activities we offér durin9 opening times includin9 PAW (Publi¢ Art Window) at CAS Community and our Street Art Lab durin9 school holidays. We have responded to the need of our communities and the demand for creative developm8nt, skills building, professional training, networking and collaborative project opportuniti65 through a variety of activities which support the creative development of young and old. Young P•opl•: we ran our Nationat Saturday club pilot year in 2023/24. It ofler8d skills-building and exposure to a range of practices for 13-16 year-olds. In addition, our t?enag&-focused summer camps, ArtBlast, targeted young people between ages 11 to18 and explored youth culturo by workin9 Wlth a local 9raffiti artist. m•ryin9 Artists: our graduate programmts offer5 Q studio space and a chance to teach Year 4 children at a local prirnary school over10 se10n5. Both our graduates and tho Year 4 children then had the opportunity to put on ajoint exhibition at our chapel gallery. Our ESDA programrne, which ran as a pilot in 2025/24, target8d emergin9 sculptors. It offered both mentoring and a residential development cosJrse, as w811 as a final show at Sir Harold Hillier Gardens in Romsey. Professi•nal Artists.. our Associates Programme and K4embership is offering a growing range of opportunities, from natworking and Chopel Takeovers. to gfoL*P exhibitions and professional development. Ji Programmes Art for w•llb•lry: we ran two social pres¢ribin9 courses in 2023/24. A free ¢ourse and a course pilotiftg a subsidised lee- based 6 weak programme. As we develop our offering for social prescribin9 and ¢2rt for wellb8ing, we are working c105ely with our local Primary Care Network (PCN) & are dev&loping different yyS in which we can hjnd and offer a safe creative SF>ace for those in need. 2025/24 gave us a chanee to develop our thr88 main programm8S through individual projects, but also through integration into our doy- to-day activities. We have learned and fine- tuned our approach. N•urodiv•ry•nee Programme: developed over 2023/24 by building neurodivergent themes into some of our Gourse5, thus Using existing stru¢tvres and funds to moet our aim. Our National Saturday Club tar9ets neurodivergent young people and we have now 8Stablished a Homo Ed group which 8nables those in home oducation, many of whom aro neurodiver9ant, access to art education outside their hom&.
. Vuln•rabl• y•ung p•opl•: The CAS National Saturday cILsb targets those who ara neurodivergent and/or from disadvantagad baekgrounds, often with high anxiety. Our pilot in 2023/24 proved to be extremely successful and we are therelore planning to doliver extondad Se10n5 (21 in total) in 2024/25. By working with Andover College, which hosts the club, it allows the yovng people to familiarise themselves with the College and w& hope that this will allow them to mana98 the transition to Sixth Form much more easily. In 2025 we ran a summer camp at Smannell skatepark in Andover and at the skatepark in Ludgershall. This was an opportunity lor young peopl& to come together and work with a graffiti artist. creating some wond8rful pieces of art. The key to this programma is that we go where the most vulnerable young people are. We also work with a local charity, Yellow Brick Road Projects, who work with the most vulnerable young people, offering mentoring schemes. They provide youth workers and safe9uardin9 oversi9ht for these projects. Wa engage the young people in exGiting creative activitie5 whilst the youth workers build r8lationships which last beyond the summer camp. Our Impact We are committed to measuring our success by using the following outeomes.. Improved health and wellbeing Increased skills for artists of all ¢4as Inerèased acc$ to art in Andover CAS measures impaet through a range of systems. Attendanc& r6¢ords are kept and participants ore asked for feedback W• also run surveys to analyse our local audience in more detail. is report highlights the progr855 and the great work CAS, staff, its artists and a growing number ol volunteers, as well as our trustees, have delivered during 2023/24. Wa would like to thank them all, as well as our partners. lor enablin9 U5 to deliver our mission. Our Audience In 2023/24 we have been able to engage many more people in creative activities, both at our spaces and in the community, through town ¢entre events- especially throu9h our new CAS Community venue, which opened in S8ptemb8r 2023 - spannin9 990 people & running 68 individual events and cour58s in 2023/24. Our exhibitions have also st8adily shown an increase in attendance with 1.141 over 23 waeks of 6xhibitions and 37,990 visitors to our exhibition at Hillier&
Our Facebook metrics. compared to the previous y8ar, have significantly diversified - with a 261.2A increase in reach, and a 133.7Y• increase in content intoractions. On Instagram w8 hav8 also seen a positive 19.1% increase in reach a5 well as a IO0% increase in content interaGtion& We aro expeGting our marketing and promotions to be significantly improved as Y actively curate a regular printed programme for events and exhibitions. Our Marketing and Communications Lead ha5 developed an intuitive what's On Galendar on our w8bsite for the first time, listing dl the activities CAS 15 either running, or has involvement in. Fundraising As a result of the changes and staff shortages, our fundraising efforts suffered. Howover, we were able, throu9h Careful financial manag&ment, to keep our costs down and still successfiJlly deliver our NPO and CAS strategic objectives. 2024/25 will requirè a r8new6d effort to raise fiJnd& We have a fvndraising plan and have targeted a number of grant-making bodies for applications. In addition we will start to raise more income through art and product 5al05. workshop bookn'ngs, sponsorship ¢d donations. W6 have r6c8ived the third tranche of funding from Garfield Weston. In addition we hove worked with a number of partners and have bean succossknl in b,'ds for funding to dolivèr holiday activities in Ludg8rshall (Yellow Brick Road Projects) and other creatlve activities lor families, children and young people with funding Irom Hampshir8 County Covncil. Test Vallèy Borough Council and vthitchurch Childr8ns Festival. Wo also received lunding for a youth worker for the National Soturday club from Andover Rotary Club. ACTIVITIES IN 2023/24 Th• Chap•l Gallery - Exhibition Programmo: The chapel has now become our main rasideney and exhibition venue, bringin9 high quality exhibitions and events to Andover. Exhibition entry remains fre& to everyone and. as it is no longer a mixed use space, we are able to open it more often to the public to engage in great art. The most recent addition to our exhibitiorb schedule is our Artist Takeover series where Associate Artists are able to use the space for experimenting or exhibiting with only one condition.. they open to th6 public for a couple of days durinq their tokeover period.
Th• Open_Op•n 2025 This was our lirst ever open 8xhibition. Tha Open Open 2023 exhibition ran for six weeks, with 305 visitors attending in total throughout the six weeks. Visitors •n9ag8d enthu5iasticatly with voting lor their favourite work A solo award wa5 given to artist Emily Jane Campbell who exhibited in February 2024. The People's award 01 £300, kindly donated by TVAF, was won by Richard Barnlather. We also gave a graduate award to Wanlin Jiang who received a yearfs fr8e associate membership. The Open proved to b6 a great success and has now becom6 a staple in our programme. Conv•rsation with Ald•rshot This was a one-off event to celebrate and share the high successful. multicultural and twice ACE-knnd6d participatory art project. initioted and delivered by our ¢2S50ciate artist Susan Merrick throughout lockdown. The chapel space was transformed with artworl film and poetry from the participants which now remains in an archive in the Women's Library, London. This gav8 not just the general public the opportunity to see the worl but artists and ossociates the opportunity to question andloarn from Susan about how to design, Knd and deliver a successful participatory art project. and in particular address sensitiviti85 around trauma and culturol difFerence Shap• b Contaxt - Hampshir• Open Studios This was our annual Associate Artists Exhibition curated to coincide with Hampshire Open Studios. Tha combination of both ensured that w8 rnaximised visitor numbers. This year we had 19 Associate Artists exhibiting. With over 50 peoplé at the Private Vi8w and nearly 250 people visiting over the course ol the oxhibition. Fund•rdom• The exhibition opened on 14th October and ran for neady 6 weeks, after which CAS continued to keep the show open on an adhoc basi5 until 3rd January 2024. It featured work by Stuart Robinson and Kialy Thin9ang (simultaneously exhibiting at Gods House Tower in Southarnpton lor Black History Month). This was a playFvl, tongue-in-cheek installation, which challen98d the viewer to think more deeply about our throw-away society and the power of memory inspired by such things as seoside arcades and what is termed as 'low culture,. A day of public engagement workshops took place on 27th October (half term}. helped through lunding by Test Valley Borough Council. We held two worhoP$ at CAS Community following a visit to the exhibition. Families were encovraged to build their own useless machines from electronic waste.
A Stubl>ornly Porsist•nt Illusion: Emily Jane Campbell was awardèd 1st prize from the OPEN OPEN 2023 Her exhibition opened on 3rd February with a Private View. Emily Jane Campbg11 is an artist whose fundamental concerns are the concepts of personal mythology,"genius loci", loss and alternative realities. she investigates both tho deeply personal experience5 of remembrance and storytelling, and the underlyin9 Strvcture of the physical wodd. Th& exhibition ran between 8th February to 9th March 2024. Workshops and Crnativ• Aetivits During Easter 2023, Marta Lichiocinska worked with the Andover community to create beautiful clay art at th8 chapel. This was the last workshop we ran at tha chapel before moving into CAS Cornmunity at 65 Hi9h Street. our new workshop and off ice space. After much decorating and DIY we finally opened 65 High Street und8r a licence in September 2023. Since then we have been able to develop our range of courses according to need by trialling different course times, day5 and lengths with different audiences. We now have a good core of courses which wo are set to build upon in the next couple of quarter Our Kids, club on Friday afternoons is very 5uccessfiJl. Parents are increasingly signing up for the wholè term. This allows us to focus on incremental skills-building for the 5-11 yeor olds who attend, not only creatively motivated, but also vduable life skills to work together and independently. Our adult life drawing classes are developing from weekly to half day or day courses, following requests from participants. We have been building ovr bank of life models from across Hompshire and beyond, and we are also incrgasing our varièty of t8achers allowing participants to build thair expertise and knowledge from diverse sources.
We started triallin9 Home Ed Classes one mornin9 every other week. Att6ndance has grown steadily and w8 hop8 that this will allow those outside rnainstream schooling to access art 18ssons. We have been offering fr8e activity tables in the front of the shop at all times, Wednesdays to Saturdays,10.00 am to 4.00 pm. Those are often linked to our monthly theme and window display as well as our monthly'Fomily Art Fun, activity. Activities range from origami trees ¢2nd birds to Welcoming Summerf, where visitors w8re abl8 to draw flowers and spring images on the window with chalk pens, to 'plan8t versus plastics,, whère the community created a whale and coral reef from old plastic bottles in the shop window. The artwork was then transferred to the church at Upper clatFord to play a major part in their art fair, an annual fundraiser for the church in Jun8 2024. All of these activities are free of charge to the community. Our Family Art Fun monthly se55ions typically attract behveen 50 and 150 participants. We have had extremely suc¢essful sèssions with 'Neon Night SW which involved immersive painting in UV,'Friedas Flowers,, a free workshop for all the family celebrating Frida Kahlo with paper flowers, and 'Block Art Fun,, involving the use of an overhead projector and painting on walls with projections. We explored Martin Luther King Day through mark makin9 '1 have a Dream,. During school holidays and sunny days we ofFer our'street Art Lab, on the High street, just outside th8 shop. This is a free activity where children are able to draw and pin their work on a large board. They are olso able to draw on the pavement, using chalk This activity is very popular and some days over 100 children have participated. We are in close contact with Test Valley Borough Council who continue to allow us a peppercorn rent as part of the licenca for 65 High street. We expect the conclusion to any lease ne9Otiations to take place by the end of 2024. In September 2023 we worked with our local wi group called 'Dragonfli95' to create colovrful flowers and dragonflies, which were add8d to a Unique artwork that was subsequently transformed into a beautiful scarf design. Participants wore giv8n the option of ordering their own scarf afterwards, taking away memories of the day and a unique design lor their local Wl group.
Ovtrna¢h Programm• With the move to CAS Community on the High street. our need for additional workshop space has decreased. We are still workin9 Wlth our partners on strata9i¢ projects which at times require oth8r venues to be utilised. National Saturday club In 2023/ 24 we piloted our first National Saturday club. ov8r 15 sessions at Andover College. The club focused on the most vulnerable young people by working with partner organisations such as Yellow Brick Road Projects and Kids On Track By locating this club at Andover College we ensure that the young people get used to the college environment and therefor8 transition to Sixth Form more easily. ESDA (Emerging Sculptor D•v•lopm•nt ProgYamm•) Eight artists were selected for the CAS Emerging Sculptors Developmént Award. It consisted of a residential professional dev81opment course in S8Ptember 2023, followed by months ol preparation and mentoring through CAS, culminating in an outdoor scvlpture exhibition at Sir Harold Hillier Gardens between Saturday 24th February and Sunday14th April. Nearly 40,000 visitors were recorded at Sir Harold Hillier Gardens during that time. This ground-breaking project aimed to support the development of scvlptors who are in the early stages of establishin9 their careers. The open call criteria focussed on sculptors based in the South and London, with 1-5 years of professional practlC8, and those who could demonstrate a commitment to outdoor work. More than 50 applications were received and eight sculptors were selected for this bi-annual award.. Sandra Camargo, Beatrice Galletley, Harry chodwicl Srabani Ghosh, Alice sheppard Fidler, olana Light, Tony Spencer and Nicola Turner. 4111111 I Natur• Naturally CAS d81iv8red two Nature Naturally social prescribing courses in 2023/24. One ol these covrses was fundod by Hampshire County Council and was targeted at adults who felt isolated with low level mental health challenges. The othér course was a pilot programme which was paid for by participants but subsidised by CAS in order to be more affordable.
We continue to build a relationship with our local Primary Care Network (PCN] to deliver social prescribing and art lor Wellbeing OPPOrtunities in the futur6. Unity Arts Studios in the Chantry Centre hosted our commvnity exhibition for Nature Naturally in 2023, a cel8bration of our social prescribing course. This was curated by Elizabeth Hammond who also ran the course, together with participants. A-F•st l Andov•rfs youth f•stival During A-Fest in Andoverfs Market Square, CAS provided a free drop-in creative arts workshop for youn9 people and their lamilies. We recruited prof8ssional artist Tina Scahill, who delivered a graffiti-inspired stencil workshop support8d by Sophi8 Willoughby. The workshop gave access to visual art5 to children and their families by providing a free and engaging activity, which encouraged thém to find their voice through creativity and expre55ion. Seventy five participants attended the workshop during A-Fest, with 80/• ol the audience being from the target group 8-18 years. The majority of participants spent a significant amount of time at the worknhop and Several attendees returned to make more. The activity engaged a wider demographic than anticipated and we received positive verbal feedback on the day. • 5,u" Four Fun Frldays Every year CAS works in collaboration with Test Valley 8orough Council to provide free visual (xrts activities during Four Fun Fridays. In 2023/24 we participated in two Fridays. On 18 August CAS explored local marine life by creating wax r81ief and ink drawing or by making a jelloish out of recycled moterials. On 25th Augvst CAS headed into outer space at CAS Community by offering a free drop-in worknhop where young and old were inspired by the solar system, and drew with neon markers in the dark with uv lighting to create a collaborative immersive installation artwork Whitchvreh Childrnn's Foslival Tony Spencer, one of our Associate Artists, attended the Festival on CAS, behalf, offering creative workshops, building and decorating bee hotels. CAS is proud to support this ev8Jnt it rJrnw% over trha vanr%
Ludg•r¥hall Svmm•r Y•vth Proj•¢t: ArtBlast This was our second year of collaboratin9 Wlth Yellow Brick Road Projects, ofFering an excitin9 graffiti art activity in Ludgershall during the summer holidays. Onca again Kezia Hoffman worked with the young people to cr8ate some inspiring artwork These types of projects are important for our youth outreach programme, providing engaging crèative activities in places wher8 the youn9 people are. Our summer camps take place in the most d8prived communiti8s, working with young people at risk EPR {Edvcational Proj•¢t Resid•ncy) Programm• This year we offered the graduate residency to two artists.. Plollie OErien and Kiri Horikiri-white.They work8d in collaboration with each other and Anton Junior School in Andover to provide 10 sessions with Year 4 students. The theme this y6ar was Alfred th8 Great and Hollie and Kiri decided to explore storytelling through art with the children. Thi5 resulted in a wonderful series of painting& Kiri and Hollie worked with Xinyue zhangi our curatorid intern from Winchester School of Art, to put tO9ether an exciting oxhibition at the chap81 that showed both Hollie and Kiri's worl as well as that of the children. CAS Associat• Artists During 2023/24 we continued to build and put more structure into our Associates, Programme.. Continuation ol a montkly online meet-vp cdled the 'Self Preservation Society which was consistently attended by ttbout 7-9 0550ciates. We delivered regular email newsletter5 including events, opportunities and news for associates. Sev&ral associates appliad to the Open_Op8n which was free to enter for associates. Some associates took port in the neurodivergent subgroup which we trialled for a few sessions. 19 Associates ¢¢3me together to exhibit as part of Hampshira Open Studios in Au9USt 2023. in the chapel. In April our associates took part in the ¢2nnuaF associates, gallery trip to London. In July we hosted our annual a5$0ciata5' away day at Haz81 Hill Wood near FaAey in Wiltshire. This 15 a 5UStainable organisation with a stron9 environmental focus with no mobilg phone or Wi-Fi connection at the site. In total nine people ottondod tho day which was facilitated by Sophie Willoughby and Elizabeth Hammond, themselves ¢JSsociates. In early 2024 we started our'Artist Takeovers,. These are open to all CAS Associate Artists and involve a takeover of the Chapel space lor explorative projects and exhibitions for our artists.
CULTURAL DEVELOPMENT IN ANDOVER As an NPO, CAS has a responsibility to participate in and facilitate the cultural regeneration of Andover, as well as o strong wish to do so. We have o number of projects which we have developed in 2023/24 and which will become more important over the next year: Initiated in 2022, the network is developing into an Andover-wide collaborative ol cultural organi5ations and events. With representation from the Council, the theatre, the museum and CAS as a core grovp and with CAS, execvtive director chairing the group, ANCO has been driving a more coordinated approach to programme development across the organisations. resultin9 in various ev8nts, trails and projects. The neork meets every other month and discuss6S Potential joint projects. It is also an opportunity for CAS to brief other network members on knture activities and projects with options to collaborate. ,ENVIRONMENTAL ACTION DvrFng 2025/24 w• hav• b•gun to impl•m•nt our Environm•ntal A¢tion Man. At Tho chapel, and CAS Comrnunity, w8 are incorporatin9 ersvironmental awareness into our pro9ramming. For example, our exhibition Funderdome at The chapel created more awareness about electronic wastè. We linked this to a w0hOP at CAS Cornmunity, wh8re families created their own athorks from electronic waste. CAS Community usad a fr88 Creative a¢tivity-making a community origami forest - to communicat8 the importance of treas and issues of climate change. Another example is our environmentd resource spreadsheet which 15 available to our ossoeiato artists on the dedicat8d CAS Associates, driv& to explore nvironmentally mora 5UStainable materiols and processes.
chw arts thdw)s CAS PLAN FOR 2024-2025 With a new team in place, aligned to our strategic objectives, we are focused on delivery of our plans and NPO objectives. Our specific locus areas for 2024/45 are as follows.. Develop the rrogramme for CAS Community and make it inancially more sustainable. Work towards a lon9-term venue for our team, our community engagement activities and residencias. To deliver a high quality exhibition programme, free of char Increasingl work with ot e to our audiences. er cultural venues in over and the Test Volley to increase the impact of CAS on culture in the area. Learn from our pilot programmes - National Saturday club and ESDA - to establish a continuous programme for the future. Develop our fundraisin multifaceted approac lans into a more rom product sales to ticketin9 and grant funding. To allocate dedicated resources to our Associate Artists, Programme and develop it in collaboration with thern.
FINANCE We had anticipated openin9 the CAS Community Space during last year but negotiations around the lease and electricity connection delayed our progress. We finally opened the new site at the end of September 2023. Income remains heavily reliant on grant funding (98%), with 85/• of total income coming from Arts Council England (ACE), with whom we have National Portfolio status. This status guarantees CAS income to March 2026. W& wer8 also succ8ssful in obtaining additional fundin9 mainly unrestricted funds of £7577. This includes charitable activities and local authority grants. Restricted funds of £15,158 remain at the end of 2023/ 24. This is mad8 UP of th8 balanc8 of the Sculpture Fund as at 31st March 2024 (£12727) and Harrison Memorial Project cts at 51st March 2024 (£2A31). The Associates Scheme performed slightly worso in 2023/24 than in 2022/23. This is due to staff shortagas and concentration on other areas of the charity, including CAS Community. Programme Delivery - Workshops and ticketed evants have shown a significant increase of 265°A on the previous year. We anticipate growth within this area as the Community Space has now fully opened and a fvll events diary is available for the financial year 2024/25. Art sales have also increased by 785% from the previovs year. Staffing - The team has increased to 6 part-time members of staff in 2025/2024. Staff costs decreased in 2023/2024 from £108,068 in 2022/23 to £98h79 in 2023/24. We went down to one director and had gaps in staffing cover in the year. Staffing numbers a150 include our apprentice who started working at CAS in January 2023. IT costs - The IT cost increased from £6A7T in 2022/23 to £7A05 in 2023/24 due to increased staff and additional IT requirements. Legal fees - these relate to the costs incurred as part of the lease negotiations for the Community Space at 65 High street, Andover. The bulk of the current assets is the bank balance which remains buoyant mostly due to the retention of the Designated Fund and accvmulat6d reseNes. We ar8 expecting the Designated Funds to reduc8 rapidly over the naxt year as the CAS Commvnity fund will be drawn down. CAS, with its trust8es, have establish8d a reservas policy of building sufficient reserv8S to sustain the organisation for at least the next twalve months.
Test Valley Borough Covncil, Andover Museum, Yellow Brick Road Projects, Andover Primary Care Network, Andover Vision, Anton Jvnior School. Hampshire Covnty Council/sir Harold Hilliers Gardens and Arboretum and Roche Court. Rertri¢ted R•sorvos: Sculpture Fund Harrisor) Memorial Project (spént summer 2024 skate parks De519natsd Funds: Community Space Fund•r$ 2023/24: Arts Council England Garfield Weston Foundation T8St Valley Borough Council Andover Rotary Club Test Valley Arts Foundation Hampshire County Council RISKS Staff: With CAS Community opening in September 2023 staff arè feeling overstretched, in particular when both venues have to be staHed at the same time. In addition, constant staff chong8s have be8n disruptive but appear to be the norm in this industry. Constant review of roles and responsibilities, staH workload, stress levels. professional development opportunities, as well as CAS opening hours and further recruitment is 6SS8ntial to avoid burnout. Chapel Maintenan. The chapel is starting to show incréased need of maintenanc8. For example, the heating and kitehen ne&ds replacing and there are signs of potèntial issues with both the roof and th8 walls. We are currently in conversation with th8 landlord, Test Volley Borough Council, to agree how any repairs should b8 conducted and financed. CAS Community: The High street venu8 was funded for one year with a designated knnd provided by Arts Council England. This has enabled us to pilot various courses and creative activities for our local Community. We are now in a good position to refine our offer to our local community, but we will need to raise further funds to continue. Costs: Utilities and other costs ar8 still high. To minimise the financial risk CAS 15 continually reviewing its costs.
Fundralsing: CAS has made progress in developing a more d8tai18d plan for fundraising and writing its Case for Support. Howev8r, as a result of staH changes and the openin9 of CAS Community it has been diff icult to dedicate 8nough resources to this task We will need to make eoncertèd efforts in 2024/25. GOVERNANCE Charity numb•r 1185771 Llmited company numb•r. 11307517 TRUSTEES Kay May, chair (appointed 25/05/2021) Yinnon Ezra MBE, Trustèe (resigned and re-appointed in 2021) charlotte Marchant, Tnjstee (appointed 26/07/2022) Jon Adam5, Trustee (appointed 27/11/2022) Ronda Gowland - Pryde, Trustee (appointed 27/11/2022) Ruthie Rolfe Tarrant, Trustee and Treasur8r (appointed 22/11/2022) Craig Wadham, Tnjstee (appointed 23/01/2024) RESIGNAlloNS Tony Spencer, Truste8 (resigned 23/01/2024) Toby Benjamin Michael, Trustee (resigned 23/11/2023) RECRUITMEMf AND AppoIMfMENf OF TRUSTEES In accordance with the Governing Document, the tnjstees are responsible for appointing new trustees to the board. New trustees are appointed where they have the necessary skills to contribute to the ¢harity and the organisation 5 management and development. INDUCTION AND TRAINING OF NEW TRUSTEES There is a trustee role outline which each new trustee receives. An induction pack is sent to new trustees including conflicts of interest information and forms, as well as a confirmation ol suitability to be a tnjstee. Introductory calls are arranged for new trustees with members of staff and the chair. GOVERNING DOCUMENTS The charity is controll8d by its governing document, its mernorandum and articles of association, and constitutes a limited compony, limited by guarantee as defined by the Companies Act 2006. In the event of winding up the compony, the liability of tho members is limited to a sum not exceeding £1 each.
SENIOR MANAGEMENT TEAM Susanne Hasselmann, Executive Director (appointed May 2021} Kathryn Hams, Finance Manager (appointed July 2024] DECISION MAKING The tnjstees make all strategic decisions and support the staff to carry out these dècisions. The Board appoints the directors, and a Board member attends interviéws of all senior management positions. All other staff appointments are made internally. The Board also approves all major suppliers based on staff recommendations and market tested price comparisons unless they have been approved in the budget. In this case the decision is made by relevant staff m8mb8rs. There is a purchasing financ8 policy in place to ensure best valve for money and transparency in purchasing decisions. Comparative quotes should be sought for any expenditure above £500. All capital expenditure between £150 {net of VAT) and £]00 must be authorised by the Executive Director. All capital expénditure over £1500 to be approved by the Board or at least two trustees of the Board with notilication to the Board. All payments are add8d to the bank syst8m by the Financ8 Manager. Subsequently they are authorised and checked by the Executive Director and authoris8d by at least one trust8e. In most cas85 this is the chair, the vice chair or the treasurer. The day to day running of the organisation is d818gotgd to the executive director. Based on limited staff numbers th8re is no requirement for a formal structure for poy scales at chapel Arts Studios. The organi5ation is growing and salaries are set in line with market forces and local averages and are reviewed annually. RISK MANAGEMENT The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls ar6 in place to provide reasonable assurancè against fraud and èrror. The corporat8 risk rggister is revi8w8d formally every quarter as part of the Board meetings. FUNDRAISING AND FINANCIAL susfAINABIUTY Currently CAS is still reliant on NPO 9rant monies which Tftakes up the majority of its funding. This must change in the years to come to ensvre CAS Can become reliably financially sustainable. To achieve this, CAS has start6d to look at its fundin9 and has develop8d an overarching fundraising plan. Wlth the opening of CAS Commvnity, CAS is starting to raise funds through workshop and product sales. as well as donations and gr¢Jnt monies. CAS very much sees the diversilication of its fundraising as part of its future incom8 generation. Financial management of th8 business is the responsibility of the finance manager and the executive director. Individuol budget lines and staH budgets have been agreed. Every expenditure is being revi•w•d and tested and quartedy budget meatings were agr8od with stafF. A moré rigorous expenditure approval and Justification proces5 has been implgmented. Financial controls within the organisation will continue to be reviewed and improved where necessary.
TRUSTEES RESPONSIBILMES STATEMENT Th8 Trustees (who are also directors ol chapel Arts Studios for the purposes of cornpany law) are responsible for preparing the Trvstees'Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accept8d Accounting PractlC8 Company law requires the trustees to prepare financial statements for each financial year. Undgr company law the trustees must not approve the financial statèments unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the choritable company for that period. In preparing these financial statements. the trustees are required to- select suita618 accounting poIici8s and than apply them consistently* observe the methods and principles in the charities SORP 2019 (FRS 102). make judgements and estimat8S that are reasonable and prudent" prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trust88s are responsibl8 for keeping adequat8 accounting records that disclose with reasonable accuracy at any time the financial position of the charitable ¢ompany and enable them to ensur6 that th8 financial statements comply with the Companie5 Act 2006. They ore also responsible for safeguarding the assets of th8 charitable company and henc8 for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant information of which the charitable companls examiner is unaware,. and, th8 trustees have taken all steps that they ought to have taken to make therns8lves aware of any relevant information and to establish that the examiner is aware of that information. the Trv5tees hav8 given due consideration to 98n•ral guidancg published by the charity Commission relating to public benefit. including the guidance 39.. Public benefit.. running a charity SIGNED ON BEHALF OF THE BOARD OF TRUSTEES KAY MAY CHAIR OFTHE BOARD OF TRUSTEES CHAPEL ARTS STUDIOS DATE..
thapel arts st CREATING OPPORTUNITY AND COMMUNITY THROUGH ART chapel Arts Studios is a registered charity and company limited by guarantee in England and Wales, re9lStered at c/0 KHams Bookkeepin9, office 5, Pelican House, New St, Andover SPIO IDR. company registration no 11307517 and charity no 118577.
(A Company Um11 by Giiir•nt#) INDEPENDEpif EXAIIINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Indopendent Examlnefg Report to the Twst•w ot Ch4J•l Arts Studlo• (Ih• Charl I r9PQrt to the charrty Twstees on my examlnallon of Ih8 a¢¢ourts of Iha Charity for the year ended 31 March 2024. RosponslbllJtl•J •nd B•$li of Roport As the Trustees of the Charlty larKI ib (lirector5 lor the wrFoses of comparry law) you are responslblè for the prepafallon ol the acc(MJnts In a¢xordaKe vAth the requirements of the Companies Act 20061lhe 2006 Artl. Hawng satisfied myself that the accounts ol the Chaffty aro not requlre(I to be authted urthr Part 16 01 the 2006 Act and are eligibte for Ind$pendent examination, I report in respect of my examlnation of tho Charitys accourrts carrled out under section 145 01 the Chartbes Act 2011 llhe 2011 Arfl. In carrylno out my examlnation I have folloWj the DIon5 glven by the Charity Commissw under section 14Sl5llb) of 2011 Act. Indewndent Ex•nlngrfs Siatommt I have completed my examina0. l ¢firM Ihat rK) matters have come to my attantioll In conngction wth the examination giving m8 cause lo believa.. accounlng records were kept in resPt of the Charity as wuirod by secuon 388 of the 2LWJ6 Act., or the accounts do Tr)t accord wlih ttk)se rKords', or the accounts do not comply 7Mlh the 8¢C4)untiry rwlrgments ol tiOn 398 of the 2006 Act other than any r¢quiremenl that the acxounts glvo a and view which is not a matter ¢onsidered as part of an InderEnd8nt examination: or the a¢wunls have not Lwn preptt In accordaThx the mothsjds prIpIeS of th8 Statement of Recommended Practw for a¢xountirwJ arxl rowrbry by tharities. I have no Ix)ncems and have Coma auoss no other mattots in conrrttion with Ihe examlnation lo which attention shoukj be drawn in this report in order to enab a proper undarstandiw of the accounts lo be reached. This report Is made solely to the Charrlls Trustees. as a b&. In accordance Yllh Part 4 01 the Charthos (Accounts and Reports) Flegulallons 2(X)8. My work has been urthrtaken so that I mhjhi state lo the Charftys Trustegs those mattors l am rgquirwj to stalo lo Iham In an Ir¥J8p8ndent Examinerfs Report and for no cther purpose. To the fullest extem p&itted by Lqw. I do not accept or assume respwsibltty to anyon8 0th8f than the Chartty and the ChariVs Trustees as a body. ftjr my T[k or for this rep)rt. Signed.. r..1 ik-4 Oat8d: 2g jii1202+ X8inadln S(xth Easl knmit Suh8 2 HeaY Hous D8n8 Road Andover Hampshlre SP10 2AA Pagg 27
(A Comp•ny Umltod by Gumlo•) STATEME1 OF RNANCIAL AcnvmES (INCORPORATING IIICOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 UARCH 2024 Tot lunds 2023 lund Ineome ITOM: Donations and aues Charitabl8 acllwtles Other traolng actlvllles Investments 164343 6.155 3.198 1fl,043 6,155 3,198 281 206,065 2,325 158 Total Income 1TJ,87T 176,671 211,893 Expendlture on: Ralslng funds Char4table aclivities 1&438 1814 188252 183,963 Tot•1 •xpondlturn 19,4 168,814 188,262 184,449 Net {gXPondlture)Ilncomo b•for• taxatlon Tation (1W) {11A75> 27,444 Net movom•nt In fvnds <16,6381 (11,575) Roeoncili•tlon of fvnd*: Total funds brought forwanj N81 movement In funds 31,796 (1Q638) 125N93 157289 (1175) 126,760 30,529 Total lund8 carrled tonmard 15,158 130,556 145,n4 157,289 The Statement of FinarKia5 Aclri1 IrKludes all pns aThJ bsses r8cognls•J In the year. The not68 on pages 30 10 45 form part of Ilnartlal sLqtem8nl& Page 28
CHAPEL ARTS STUDIOS (A Company Llmll•d by Guarantee) REGISTERED NUMBER: 11307517 BALANCE SHEET AS AT 31 MARCH 2trk4 T4rgNq 14 6,168 4168 Debtors Cash #t b*k haTrJ 15 f&g.810 168,L rothtor8'. Ilia rm¥y (16.947) 151,121 145.714 167289 144711 lJ7.285 140.714 157.2e9 cMrtiyfvn ReBtricleé 14158 31,796 12S499 Tot•lfund• 144n4 157.289 2006. pr8parath)n offltxrrlat stst8m8ntr. Chlr Daig.. .1,, |z4 Page 29
CHAPEL ARTS STUDIOS (A Company Um110d by Guarant••) NOTES TO THE FINANCIAL STATEMEMrs FOR TrIE YEAR ENDED 31 MARCH 2024 Genernl Inlorniatlon Th¢ ¢harrtable Company 1$ an lrnlivldL prfvate charlty Ilmited by gLwantee irwral&l In EnglarKI and consequently does not havg share capitl. Ea¢h of the Iru$l¢es is liable lo ¢ontribute an amount nol exceeding £1 lovrards the assets of the charitable company in the evgnt ol liquidation. Thg address of ils rogist8r•l office Is: Office 5. PelKan CWL Street, ArKlover. Hampshlro, SP10 1DR Ac¢ounllng poll¢l88 2.1 B•¥l¥ of proparaiion of flnanclal statom The linancid statsmerrts have been wepared in a(tordan¢e the Charies SORP IFRS 102} . AccounllrwJ and Reporting by Charrbes: Statement of Recommend9d Practice aFplicablg lo charrties preparing Ih61r accounts in accordaTKO %th the Finar1 Reporurbg Standard 8PF4icablg in the UK and Republic of Ireland IFRS 102) leffe¢ttve 1 January 20191, the Financial Reporling Standard akwllcable In the UK arKI Rewbllc of Ireland (FRS 1021 and the Companles Act 2006. Chapel Ats Studio$ moots tho d6rIOn of a pubuc neffl enoty under FRS 102. Assets and Ilabilitles are inthalty recogni8•J at htstorical cost or transxlon vu8 unless othorvlse staled Ihe relevant accountlNJ p)Iky. 22 Incom• All incorne is recognised onc8 the Charity has entittom8rrt to Income. rt 1$ probablo that the incorne wll be weived and amount of Income recwauo can bo measured rellably. Tho lollowng Spe¢M policies are aFpb'ed lo parbcular calggorios of irwmo: Incorne tax recoverable In rglauon lo Investmenl Ime Is rewisod at tha Imo thg inv061ment incorne is rocoivthe. Don•tlons and legacleg Donations. grants and gifts are ree(wlsed reedyab. In th8 event that a donallon Is subject to l¥Jthlling performance corKlttions before ts charrlthe compary 15 gntiued to tho fund5, tho income Is defgrred arKI not rec¢yanised until il is prcthble that those condilions vrill b8 futhlled In the r8POrting peri¢)J. Income from Grfl Abj redaims recroni for any thjnaiions with relevant Gwt Ald ceflificates re(xyJniJ in Irne for the year. Any amounts of (¥ft Akl not f1¥1 by th9 ygar-end are accounted lor in income aThJ In(x)ffle In deblors. Lk)nalgd servic8s facifilies are induded al the value to the eharitabte MpanY whère thls ¢an be quantified. The vdue of servlces WOVKled by volunteers has not Èeen induded In these accounts. IncomSThJ resources from grants, tere related to perfomian¢e and specmlc delwablos, are ar£ouni8d lor as the ch&rtt8t48 company èams the rfgtrt to consl¢JeraiJon by its FrformarKfj. 2J Exp•ndltuTh) eXperlIure Is Tecognlsed once there is a legal or constructive Oblaon to transler ewnomlo benelit to a th1 paty. It is probable thal a transfer of economlc beneffts will b8 requlred In 68ttlemont and th8 amount of th8 L*IWtion b8 m68surad rallthy. IJI expendtture 1$ attouniod for on an aTha1$ basis. Page 30
(A Comwy Umlt•d by a4w•ntso} NOTES TO ThE FINCIAL 8TATEMEKrs FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (conllnued 2a Exyndituro {conllnu•d) Expandrturo on raislw lurKts indLKlos all gxpgndlbJr8 Irwrrod by Ihe CharY to Tse Ivnds IOT Its chartlable purposes and Indudes costs of dl fUrK11nQ a¢bthes events and noTrcharilabl8 Iradlna. Expendriure on ch&ritabte is IrMed on dir• uTrrt&king the aGtsvtbes which further Ihg Gr•nts payable Grants payable arg payTrents made to third parbes in Ihe lurthgrance of the charit#bF¢ objects of the Trust. In the casè of an uncoThJttlon grant offer. this is accru&J once the rwplenl has been notili8d ol the grant award. The notirrcation gves the reefit a re&sonatrAe expectatton that they vlll receive the granL Grant awarts Ihat are SLkniecr to Ihe recIent luir1Ing Performar CondiOn9 ar¢ onty accru1 when the re¢iF)ienl has been noified of the grant and any romnIrvj unfullllled condrtion attachlng to the grant is outsmle the o)ntrol ot the TrusL Ralslng lund Cost ol generalng Iw$ eompiise ts Costs as%Kiated lth attractrng voluntary ITwme, Ihe managemènt of invgstmerrts arnl the of trathrg lor lundrwsiry purpose$. CJwrltabl• •ctlvltl Charflab19 gxpendlture ¢omprisgs those costs In¢urrgd by th9 tharltablo company In the dollvery ol rts acliwJes and se¢ for its benefaries. It includgs tryjth costs Ihal can b8 allocalgd dlreclly lo such aGtlvliles and those costs of an Il1r8ct natu neGessary lo supEKJrt Ihem. Irrover•ble VAT Irrecoverable VAT is charged agalnst Iho exp8ndliure headirKJ lor It was Inwrréd. 14 Intsre81 re¢olv•blo Inlor8st on lunds heky on daposll bs Included tgn )10 and the amount can be moasurad reliabty by the Charity: this is nomially upon notlficatlon ol the Intorest pakl or payablg by the InstitLrtlon wlth whom the fLJnds ar8 depostted. 15 T•x•tloTr The Charity is consider&J lo pass th8 tests set out in Paragrh 1 Schedule 6 of th8 Finance Act 2010 and therefore it meets tha definftton of a charttth o)mpany lor UK corporation tax purposes. Accordlngly. the Charity i8 pOtsntsly exempt from tsxation in r8spt of irwme or ¢¥11 galn$ received wlhin categori8s ¢>)vei&J by Chapter 3 Part 11 of the Corporation Tax Act 2010 or S8cli¢)n 256 01 the Taxation of Charge8 Gwns Act 1992. to th8 extent that such irwme or gains are aFWi•J 8xcluspiety to charllatlg Pu. Pag9 31
CHAPEL Avrs snyDS (A Company LnI by Guarnntoe) NOTE8 TO ThE FI4ANCIAL 8TATEPIEKrs FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcl89 (contlnuod) 2.6 Tanglble flxed as*ots and d•pvgcknUon Tangle flxed assets o)sJno £100 or more are caF41aJised arKI recconised when ftJbJre economlc benefrt5 are probabb and the cost or value ol thg asset rAn be measuTed reli. Tangible fix1 assets arg inltlally rwnIS at ¢>)st. After r8¢03nibon, undpr the cosl mixlel. tsngltrje fixed &et¥ are measurwj at cost less acujmulated dgpr8clatlon and any a¢¢umulated impairment k18s. Al costs incurred to bring a tsngibl8 fixwj a•set Into tt8 Interthd worklng condition shoukl be includ8d in the measUment of cost. Deplation ts charged so as to kal0 th8 Cost ol lawlble lIx assets their resldual value over Ihelr estimated uselul INes,- Depredatton Is prOdj on the follu•thlrvJ basls: Long.tem basehokl propgty Fumiture. ffttings arKI wuipment- off ¢qurnet Art 4uipmont 33% straw Ilne 20% strabJht line 33% strafjghl Ilne straKJht line Z7 Debtors Trade arml other debrS are re¢ognis&J at th6 sotU8menl amount after ary trad• discount off8r8d. prepaentS are vdued al the amounl wepald nel ol any trade dlscounts due. Z8 Cash at and In h•nd Cash at bank and in hand incIL ¢ash arvj short-tgrm highty liquid investrnenls wrth a short maturity ol thrae months or less Irom the date ol aequislbon or openlng of the depos or slmilar a¢Un 2.9 Uabllld•# And provlthns Uabllitles are reetyJnisfftl when there * an ljatiOn at the Bance Sh9et date as a r•suf( ol a pa6t 8Vgrrt, it is probabb that a transfer ot econom benefrt bg requir8d in $otU8m1, aTrY thg amount ol the settlement Can be estimated relia. atllttles are reeognlsed at the amount Ihat tho Charrty anUdpal8s It 17 pay lo setue the dobt or tha amount h has e1Ved as than¢ payments for the goods or sorvices tt rnust prod8. Provislong are measured at the best estFmate ol Ihe amounts rewired to setu8 Ihe obllgatlon. Where th8 eff of the Ome value ot money Is maierkl. the prov&ion ts based on the pr95enl YU8 of those amounts, discount1 ai the pre-tax dlscount rate thai reffects the risks lo th8 liabl1. Tho Unnding of the discount is rwAonk8od In thg Stat8ment of Finanoal Actiwbes u a finance cost. 2.10 FlnanclAI In¥trum•nts The Charity On has ffinarKial assets and firwKial lith1e3 of a krnd that qualrfy as btt financl instruments. Basic financiai instruments ara IntliaFty recoJnis•J * transaction value and subs8quéniiy measur8d at their sottlgmgnt Ve WTth the ex(•b'on ol bank loans whh aro subsequenuy measured at amoTtisad cost Using the off8¢tfve Inter8s1 method. Page 32
CH ARTS STUD8 (A Company Umltod by Gu•rnnts•) IKITES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng poll¢l88 Icontlnuod) 2.11 nSIOnS The Chaty operate9 8 defined ¢ontribuUon penslon scheme and the PenOn charge TerKes¢nts the amounts payabb by the Charty to the fur In respgGI ol tt)0 year. 112 R•dundaney and t•milMth>n paym•nt• RedurKlancy and lermlnatk)n cosi$ are TnISed as an exponse in the Statement of Ananclal Aclimtres and a liabilty on the Bdance Sh881 imm&Jiatety al the Kolnl the Charity Is demonslra committed to èither.. 19rminate the employment of an •m0Yea or group of employees before normal reliremer*l dale: or provide termination beneffts as a result ol an offer made In order lo encourage voluntary redundan¢y. The Charlty is (x)nskleied lo be demonStrY commltted only when it has a detailed foal an for the temiination arKI is with(Art p0blty of wilhdfawal from the F4an. 2.13 Fund aeeountlng General lunds are unrestrKled lund5 wthich are av&lable for use al the thscretSon ol the Trustees In furtherance ot the gen9 obl¥8S ol the Ghartty and whlch hava not b88n dOSWdnated for olhor wrpo$8s. Desnated funds ¢omprlse unrestrfciwj lundg that have been set asKle by the Tru$tses lor partr'cular purposes. Tho alm and use ol each dat18tl luThY is set out in notes to the financial stalements. Reslricled lunds are lunds which are lo be used in aCrdanCe with spectfic re5triGtions imposed ty donors oi which have bèen raÉsed by the Charity for parbcular purposes. The costs of raising and admlnlslerfng sh funds ar¢ charggj against the spgcrfk furKI. The alm and use ol each re$tri¢led fund Is set out In the notes lo th6 linancial stalements. Imiesknent Incomg, gaIr and k)sses are akvlod to tho 84yoprlate furKI. Page 33
(A Compxry Umlled by Gu•rnnts•) NOTES TO THE FINANCIAL sfATEMEiirs FOR THE YEAR ENDED 31 MARCH 2024 Income Iroffl donatlons and l¢gacles Total lund• 2024 Total fvnds 2023 lund• lunds 2024 Donalior Grants 189 166,854 205,582 164,054 164.243 167,043 206,065 Tots12023 43,135 162.930 Incomo fvom charltable a¢tlvltlo1 Unrn8tslct lund8 T¢tAI lundg 2024 Tot fvnds 2023 Work5hop5 Event liGk8t sdes 8.054 101 1.000 1.325 101 6.155 6,155 2,325 Tota12023 2,325 2,325 Page 34
(A Comp•ny Umli•d by Guvant••) NOTES TO THE FIIANCIAL STATEMENTS FOR THE YEAR ENDED 81 IIARCH 2 Income from oth•r trndlng a¢lMU In¢om• Irom non eh•rlt•bl• tradlng •etlvl Unrostrldod lunds Tol•l fvnd¥ Total 2023 Associale fees Salg ol art 1414 2,414 3,245 100 3,198 3,198 8,$45 Tota12023 Investmont Inconki Unrutrfct•d nds 2024 Ti>tal tunds Total lunds 2023 Interest recod 281 281 YS9 Tot81207J 158 158 Paga 35
CHAPEL JKrs STUDIOS (A Company Llmllod by Gu•rnnto0) NOTES TO THE FINANC STATEMEPUS FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on rnlslng lunds Fundralslng tradlng exponMs Unr•slrl¢tod tunds Tatal lund• 21Y24 Total fvn(ts 20 Art for resalg Tota12023 Analy818 Ot •xp•ndllur• on elwllth actlvllb•• Summary by lund typ• ndg funds 2024 Total 2024 Total S¢Jdally engag&J art workstrK>PS afKI axhibittons 19.438 168.814 188,252 183,963 Total a)z3 17.519 166.444 183,963 Page 36
CHAPEL ARTS STUWS (A Compony Lknlt•d by Gumnl••) NOTES TO ThE FINANCIAL STATEIIErirs FOR THE YEAA ENDED 31 IIJAACH 2tr24 Analy818 of frxp8ndlr• by aetlvltt umlwlaken PpOrt dlroctty Tot•1 funds 2024 Total 2024 2023 Socially engaged art YrkShopS arml exhibltlons 168.650 19,602 188,252 183,968 Tota12023 161.317 ia3.963 An•lysl8 of dlr•cl co•ts 80¢lty •ngagod art workhop• Totsl lund# 2024 Total lunds 2Q23 exhlbltlons 2024 Staff costs Depreclallon Project costs CAS communlty 65 Bad debl write off Rent and ratss ghl, heat ar s>)w6r Enlertainrnent Repr5 maintenance Computer software aThJ rnwntenance (¥)sts Cleanlng Adv8rt15ing Bank charg85 98.679 3.327 36,981 11,915 908 114 94679 1327 36,981 11,915 108,068 2.267 28,790 6.502 879 114 3,696 393 3.696 393 360 140 7,465 151 4445 0 6,871 Y14 854 157 4.445 210 168,650 168,650 161,317 rotsl 161.317 161.317 Page 37
CHJPEL ARTS STUDKIS (A Comp•ny Lhnli•d by Gu•ffankn) NOTES TO THE FINANCIAL STATEMEPUS FOR THE YEAR ENDED 31 MARCH 2024 Anal1$ ol expwdltur• by actlvttlu (¢ontlnuod) Analy818 01 •upport costs Soclally eng•yd ort workshops Total fund8 2024 Total •xhlbttlon• 2024 2023 Subscriptions Finance manager lees Recrurtment expens8$ Training costs InsurydnGg Rawrs and mantenancg Broadband, Inlemel and fax Printing, wstage and statioi Sundry 8xwns¢s Trav81 and sut6isten¢o Governance costs 15,047 378 784 1,529 140 1.529 395 1,303 1,485 176 78 4096 172 570 118 4277 178 19.602 19,602 22,646 Total 20ZJ 10. Independonl examlneva r•muneratlon 2023 Fees payable to Ihe C5 InI examln8r lor Irwvvjent examInaon of th8 CwiiYs annual ¥¢ounts Fees payabl¢ lo the Chariiys Indyrrtlgnt 0xamtrr In roSP9Gt of: All olhgr setvlceg not i1je0 atA)v 1,210 1,140 Pagg 38
CHAPEL ARTS sfuD108 (A Company Umll•d by Guarnnt•o) NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MJSICH %)24 11. 2024 2023 Wages salaries Sodal costs Contribution to defin•J contribution ponwon schgmes 95.321 924 103,254 1,989 2,825 98,679 108.068 Durfng the , the ¢harty mad8 r&Jundw arKVor termlnatfon pa>Th9nts 1¢h lotdled £nll 12023.. £8.956}. The average numter of perts(K ern05 by Chwity dwtr¥J year was as follows: 2024 No. 2023 No empbyee r1¥1 reMution arrtouno to more than £60.000 In either ygar. Th8 key management personnel of the charitable company comprise the trustees and the management team. The total employ¢e b8nelrls of the key management Fonna1 of the charttable oompany werè £28,9131202'. £56,7941. 12. Trn8t•o8' remunor•llon and •xpon• Durfng thè ar, one or more Trustè8s hos been pak4 rnmunorzljon or has I0[ved olh8r boneffts from an employThent ¥th tha Charity. One or Tnjstees vRre W lor Technioan work and Arbsl resldenaes. No TNst8es were remuneratad sdety for thr rLth a8 Tnttsts. The valu8 ol Twslg•s' remuneration and other beneffts wa8 as tollovts: 2024 2023 Tony Spencer Foes F*ld 2,797 During the erthy 31st March 2024. geal expenses I0rI £NIL wdre re1mlF5ed or dredy to Tru$l¢&s (2023- £NIL lo Trustfje). 13. T•xatlon The Charitable Company Is a reglst8re4J charltth tyjnpany ar#J 1$ therefore exempt frnm taxaknn. Page 39
CHAPEL ARTS STUDIOS IA Company Umlt•d by Guirww) NOTES TO ThE FINANCIAL STATEMEtirs FOR THE YEAR ENDED 31 MARCH 2tr 14. Tanglble flxed asset8 leasehold Flxlurns and Off1 Oth•r flxed proprty fftYn •qulpmont Tot•1 Cost or v•luon Al 1 A4)rf12023 AddOnS Transters bets¥een classes 618 15,1rf)7 2.1S1 (1029) At 31 March 2024 3.180 6,913 18.416 DreCIatIon Al 1 Aprfl 2023 Charg8 for the 4.741 8,839 3.327 Al 31 March 224 3.845 OJ14 12,166 Net book ¥alu8 Al 31 March 2024 1774 At 31 March 2023 1.619 2,377 2,172 6,768 15. Debtors 20 Duo wlthln one yo Trade dgbtors Prgpayments arHI accrued irne 5,352 2,760 4,258 Page 40
IA COmY Llmltod by iknts•) NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2024 16. Crgdltors: thounts lalllng du• wlthln on• y•ar 2024 2023 Trade creditors Pension fund loan pable Other taxation and sc¢ial security A¢cruals and deferred ir*ome 6,257 519 12.300 782 1,385 2,500 10,360 16,947 17. The charity operates a d8fin8d ntriV)n pension scheme. Durlffj the Jwr the chadty contrtbuled £2.43412023. £2.8251. Paoo 41
CHAPEL ARTS STUDIOS (A Company Llmlt•d by Gu•rnnts8) NOTES TO THE FINATrKIJL sfATEMEpirs FOR THE YEAR ENDED 31 MARCH 2ff24 18. Ststement ot fvndg Statement ot lund*- cuvr•nt y•w Bal¢0 at 31 March 2024 Balanc8 at 1 Apru 2023 In¢omo Exwndltur• Unrastrl¢lod lund8 Doslgfi•t•d lunds Communlty space fuTrJ (32,6Tn 10021 Gener•1 funds General Funds - all funds 6195 1rJ.677 (136,137) 119,735 Total Unr•strletad lund• 125N93 ITJM {16814) 13OW6 Ro8trtetod funds Sculpluro lund Harrison Momorlal Prolect 31,79J (19.069) 11727 431 31,796 119,438 15,158 Totsl of lunds 157289 176.67T (181252) 145,fT4 Page 42
CHAPEL AFrrs STUDIOS (A Company Umlted by Guarnnts8) IIOTES TO THE FINANCIAL STATEMENTS FOA THE YEAR ENDED 31 MARCH 2024 1& Statement of funds {rtInuj) Stat•m•nt 01 fund¥- prfor y••r B818 at 91 March 2023 Balar8 al l Apn12022 Im8 EKpendityr8 Unr•strlct•d lunds Deslgn•t•d lunds Communty SP lund {6,502} 43.498 Gonornl lund8 General Funds- all funds 168.758 (157,343) 81,995 T11 Unrestrlcted fund• 120.580 168,758 f163,845J 125,493 Rogtrlct•d funds So¢ond nature fund Jubllee18stiv R*lugè8 SUFPOrt Scxlpture lund HCC . Soryal prgscribing 6.180 $50 2,789 f6,530) (2.789) (1,900) 31. 31,796 (6,300) 6.780 43. 135 (17,519) 31,796 Total ot tund• f26,760 211.893 fl81,364) 157,289 Page 43
(A Comp•ry Umlled by Gutnnlee) NOTES TO THE FINANfJAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2 19. Summary of funds Sumrnwy of lund8- curnont y•ar Balane• at 31 March 2023 Aprll 2023 Incomo Exp8ndftur8 Oesignatod funds General lu Restricted fund¥ 132,67n (130,13n 119,436) 10W21 119,73J 15.15B 61,995 173077 157 176 (188,252) 145,714 Summ•ry ol funds- prfor 1r Bal8ne• al 31 March Deslgnated lunds General funds Restrlcted funds (&502) (157,343) (17,579) 164758 43.135 81,995 31,796 6.180 126.760 211,893 (181,364) 157.289 Analysla ot net as•ets fvnds R••trlctod Unrnstrlct8d fund• fund8 2024 Total fund¥ 2024 Tangibl8 fixod assets Cufrent assets crlitOrS due tfvlthkn one year 6.250 134,686 {10,380} 6,250 149,844 (10,380) 15.158 Tot•1 15,158 130.556 145,714 Page 44
CHAPEL ARTS STUDKIS (A Company Lhnltod by Gu•rnnto•) NOTES TO THE FIN4ClAL STATEMEPtrs FOR THE YEAR ENDED 31 MARCH 2024 Analy81# ot •M•t¥ betwo•n lund• (eontlnu•d) Analyd• ol not as80ts bthve•n fvnd•. prfor pwfod Resfrid80 Unrestrk18a Tot81 fvr 2023 2023 2023 Tangib59 ed assets Current assets Creditors du9 *ithin one J 6.168 136.272 {16,947) 6,168 f68,068 (16,947) 31,796 Totsl 31,796 125,493 f57,289 21. Controlllng party The Company was ntrOl1j throughout the p8rbJ and the pre0$ by the Tnte0. by vlrtufr of tho pow¢rs afforded tt> them by the MamoraThJum arnl Artkkn of Associalknn. Page 45