## **Cambridge Community Arts**
A company limited by guarantee
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 July 2023
_Empowering People Creatively_
Company Number: 08934371 Charity Number: 1187718
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023**
**Page** Trustees’ Report 2 Statement of Financial Activities 11 Balance Sheet 12 Notes to the Financial Statements 13 Administrative Information 17 Independent Review 18
_“ I have both mental and physical health challenges and CCA gives me a really positive experience of something to look forward to each week ”_
1
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
The Trustees of Cambridge Community Arts (the Charity) present their annual report together with the unaudited financial statements of the charitable company for the year ended 31 July 2023. The administrative information on page 17 forms part of this report.
## **Objects & Objectives for the public benefit**
The charitable object of Cambridge Community Arts (CCA) is to promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society, particularly but not exclusively, through the provision of arts-based activities.
For the purpose of this clause ‘socially excluded’ means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards); crime (either as a victim of crime or as an offender rehabilitating into society). CCA also considers those with caring responsibilities to be at risk of social exclusion.
CCAs’ vision is of healthier communities empowered by their own creativity.
Our mission is supporting adults to overcome barriers to social inclusion through creative participation and learning.
Our values encompass everything we do. These are: Welcoming, Empathetic, Inclusive, Respectful & Empowering.
Our guiding principles underpin everything we do:
- The quality and integrity of our work are paramount.
- Creativity and wellbeing are central to all we do.
- Collaboration (with team members, trustees, learners, creative practitioners, funders, and all partners) is key to our success
The Trustees have referred to the guidance in the Charity Commission’s general guidance on Public Benefit when reviewing our aims and objectives and in planning the Charity’s future activities and believe that the activities of the Charity clearly demonstrate a direct public benefit. Our main activities and who we try to help are described below. All our charitable activities focus on the promotion of social inclusion and assisting those who are socially excluded to integrate into society and are undertaken to further our charitable purposes for the public benefit.
2
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
## **Review of the year**
Equality, diversity and inclusion are integral to our work as we reach out to minoritized communities and give them a voice through their creative expression.
## COURSES
CCA ran the following programme of creative arts activities for adults at risk of social exclusion in a variety of community centres across Cambridge and Fenland:
**6 x year-long programmes** in Creative Writing, Drama, Music for Performance, Music Production, Photography and Visual Arts. These programmes were each divided into three courses.
## **32 x 8-week (in-person) courses** in:
Art in Nature Drawing + Colour (Fenland) x 2 Art Journalling (Fenland) x 2 Impressions in Paint (Fenland) x 2 Beginners Guitar Introduction to Digital Animation Block Print & Stitch Introduction to Stop Motion Animation Blues Guitar Latin American Dances Bookbinding Music Performance (Fenland) Conversations With Clay x 3 Nature Writing x 2 Creative Writing: Experimenting with Nature Writing (Fenland) Words & Stories Pencil + Watercolour (Fenland) Creative Writing: How to Tell a Story Relief Printmaking (Fenland) Digital Illustration x 2 Selling Your Work Discover Oil Pastels Singing for Wellbeing x 2
## **6 x 8-week (live online) courses** in:
Expressive Painting Fun with Illustration Nature Sketchbook
Screenwriting for Beginners x 2 Writing Prose Fiction
## PROJECTS
## **Next Steps**
Funding by National Lottery Community Fund and the European Social Fund through the Building Better Opportunities for the Next Steps project ended in March 2023. Between 2018-2023 the project held 22 events, had 92 employer engagements, and provided support to 102 people enabling them to continue their journey towards employment. Outcomes included 21 moving into employment, 43 taking steps towards self-employment of making money from their creative practice, 42 into training or further education and 17 moved into volunteering.
3
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
**Creative Fenland** – a two-year project using public funding from the National Lottery through Arts Council England. Providing opportunities for Creative Practitioners in Fenland for employment, skills development, and networking and creative arts courses for adults at risk of social exclusion due to their health, developed with local partners and communities. Further support was provided by the Know Your Neighbourhood fund for enhancement by developing volunteering opportunities and activities to reduce loneliness.
Support was received from the D & J Lloyd Foundation, High Sheriff’s Fund and Cambridge City Council to support a programme of short courses.
## **Achievements and performance**
CCA provided 1560 guided learning hours; 371 learners directly benefited from the courses and projects. Our overall achievement average was 90% in comparison with a national achievement of 96%. Overall retention of learners was 94.6%. These high achievement levels testify to the quality of delivery and commitment of our adult learners who face many barriers to learning.
External quality inspection reported on a “highly values-led organisation – all staff contribute to a culture of ‘learners first’. Learners are extremely positive about their experiences at CCA. Learners develop their confidence, often from very low starting points, and they feel well-supported by all staff at CCA”
2
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
Our learners have complex health conditions: _Of the 22-23 learner cohort,_ 49% had a physical health condition. 16% had a learning difficulty, difference, or disability. 10% had an unpaid caring responsibility.
66% had a mental health condition with 83% experiencing anxiety or depression. Other disclosed diagnoses include post-traumatic stress disorder, personality disorder, obsessive compulsive disorder, schizophrenia, bipolar disorder, clinical depression, psychosis and eating disorder.
The top reasons for coming on a course were: to improve mental wellbeing (32%), to improve art form skills (39%) and to improve confidence (12%).
## _**“After decades lost in illness and isolation, I have found a part of myself that I had lost. Before my illness performance art was my life, my passion. I forgot the value of that. Through this course and the opportunities and inspiration offered I have been able to reconnect with skills I had long forgotten about”**_ . R.M., Photography
## **Outcomes reported by Learners:**
- 83% had improved art-form skills
- 79% improved their confidence
- 64% had an improved sense of wellbeing
- 58% improved their mental health and 34% said they were managing their mental health better
- 59% felt less isolated
- 40% were taking part in more community activities as a result of the course
- 13% had gained employability skills
Data from the Short Warwick & Edinburgh Wellbeing Scale showed a statistically significant positive increase in wellbeing. The number of people with low wellbeing before the course was reduced after the course CCA filled a gap in provision in geographical areas of extreme deprivation including North Cambridge and Fenland delivering in a range of community centres.
3
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
## **During the year, the charity worked towards achieving its strategic aims:**
1. To become more financially sustainable by diversifying income streams and holding more strong financial partnerships.
- _A Development Officer was employed to focus on fundraising. Funding partnerships were pursued for future projects._
_2._ To communicate who we are to our communities by reviewing and creating a strong brand and identity that expands our reputation as a leader in the field of creativity and wellbeing.
_The post of Marketing Assistant was promoted to Marketing and Communications Officer to improve communications and provide support for fundraising._
3. To maintain and develop our excellent quality by supporting the development of Creative Practitioners to develop shared good practices and by improving our evaluation processes to measure impact.
- _The development of a training programme for creative practitioners. . A best practice log was developed and shared with Creative Tutors._
4. To continue to manage and resource growth by ensuing we have enough people with the right support and skills to deliver our services; finding a home based in Cambridge; increasing delivery locations throughout the region and increasing our use of good IT. _Creative Fenland are delivering in more Fenland locations including Whittlesey and Chatteris._
5. To respond to the needs of our community by identifying and engaging with those who need us most and to work with our learners to consider their next steps. _CCA continues to listen to feedback from Learners and is developing Creative Futures a project to support people into employment, with a focus on the Creative Industries._
CCA held an exhibition as part of the Cambridge Open Studios providing an opportunity to raise funds from public. The Cambridge Business and Professionals Network chose CCA as their chosen charity raising funds through their networking events.
The strategy to increase resources invested in future development to diversify income included applications to both public and private funding sources.
## **Contributions made by volunteers**
The creative learning programme was run by professional creative tutors who were supported by volunteers. This role offers valuable experience and volunteers included past learners (beneficiaries) and artists wishing to develop careers in Community Arts for Health.
Two previous learners voluntarily provided the role of Learner Rep, receiving peer feedback from all long courses and reflecting this to the Community Advisory Panel.
4
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
## **Financial Review**
Most of the Charity’s income comes from an annual contract. Overall CCA achieved a growth in delivery of courses, reaching more people whilst successfully covering day to day running costs during the period and obtaining additional grants to fund specific projects. The Charity has continued to build good reputation, trust, and return on investment for current funders putting it in a strong position for continued funding.
The charity started the year with unrestricted funds of £63,397 and restricted £7,325. Resources were committed to growth and funds invested in income generation and diversifying sources of income to ensure long term sustainability and resilience for the future of the charity. In particular, reserves were invested in a full-time salaried post to achieve this aim and to become less dependent on government’s Adult Education Budget funding through service provision after level 2 qualifications was discontinued. The charity did not see a financial return on this investment during the year as anticipated in budgeted income, resulting in a net loss of £47,422. The Trustees recognise that there has been a drop in the carry forward reserves but that this is not severe enough to threaten the Charity’s ability to continue its work.
How the incoming resources are spent is laid out in note 5.
## **Reserves policy**
CCA’s reserves policy is to retain 3 month’s essential operational costs and 1 month’s delivery costs in reserve. This includes staff salaries and committed monthly payments. The purpose of the reserves policy is;
- To identify possible unplanned circumstances that require finance outside the planned budget.
- To identify the risks to CCA.
- To identify the target amounts to hold in reserve.
In normal circumstances the reserve funds will not be used for the charity’s day to day expenditure. The Trustees may by exception allocate reserve funding to:
- special projects requiring material financial commitment greater than the normal revenue income may support; and
- any other purpose which is appropriate for the maintenance and or growth of the organisation and for which a business case is presented to the trustees.
In accordance with the Charity Commission’s guidance (Charity Commissioners Booklet CC19 ‘Charity Reserves’), reviews its reserves on an annual basis. The Trustees and senior leadership are working towards ensuring that target reserves are met.
The Charity had set aside £15,000 in a **designated fund** to allow resources to be available for the planning and development of future projects; this fund was utilised in the year.
Grants received for specific projects are held in a **restricted fund** : the balance at the end of the year was £16,241 (2022: £7,325). It is anticipated that these resources will be spent in the coming year.
5
**Cambridge Community Arts Trustees’ Annual Report for the year ended 31 July 2023 continued)**
## **Going Concern**
The Trustees have considered possible events or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of these financial statements.
In particular, the Trustees have considered the Charity's forecasts and projections and have taken account of pressures on reserves. After making enquiries the Trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operation for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing these financial statements.
## **Risk Review**
The Trustees have worked with senior leadership to conduct their own review of the major risks, financial, physical and operational to which the Charity is exposed, and systems have, if necessary, been modified to mitigate those risks. Procedures have been put in place to minimise both external and internal risks and these procedures are reviewed annually to ensure that they still meet the needs of the Charity.
The Board recognises that maintaining healthy reserves enables the charity to take calculated risks to help generate future investment and demonstrates good stewardship of financial management to future potential funders. Rebuilding of reserves is therefore a priority for 2024.
## **Structure, Governance and Management**
The organisation is a charitable company limited by guarantee incorporated in England and Wales, on 11 March 2014 and registered as a Charity with the Charity Commission on 3rd February 2020. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association, amended by special resolution on 4 July 2019.
Trustees meet as a full Board at least four times a year. There is in addition a finance subcommittee which meets no less than three times a year.
Trustees have delegated day to day management to senior staff.
6
Cambridge Community Arts
Tru9tees' Annual Report for the year ended 31 July 2023 continu
statement of Trustges, Responsibllltles
The Trustees (who are also directors of Cambridge Community Arts for the purposes
of company law} are responsible for preparing the Trustees, Report and the financial
statements in accordan with applicable law and United Klngdam Accounting
standards (Uniled Kingdom Generally Accepted Accounting PraGtl).
Company law requires Trustees to prepare financial statetryents for each financlal
year which give 8 true and fair view of the State oflhe affairs of the charitable
company and of the incoming reSoUrS and application of re8ource8, Includlng the
income and expenditure, of the charitable company for that period. In preparing
Ihese financial staternents, the Trustees are r8quired to:
select SLtitable accounting pollcles and then apply them con8i8tently'
observe the methods and principles in the Charities SORP (FRS 102);
• make judgements and estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards have been followed, subject
to any materlal departures disclosed and explained in the financlal statements.,
prepare the financial statement5 on the going concern basis unless it 18
inappropriate to presume that the charitable company will continue In business.
The Trustees are responsible for keeping proper accounting records that disclose
with reasonable accuracy at any time the fi'nanclal pOSiOn of the charitable company
and enable them to ensure that the financial statements comply with the Companie5
2006. They are also responslble for safeguarding the asset8 of the charitable
company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Tha Trustees are responslble for the maintenance and inlegrity of the corporate and
financial inft>rmation included in th& Charity's webslte, Leglslation In the United
Klngdom governing the preparation and dissemination of the financial statements
may dlffer from legislation in other jurisdidions.
This report has been prepared in accordance with the special provisions of Part 15 of
the Companies Act 2006 relating to small companies.
Signed on behalf of the Trustees
All Newton, Chair
dat&J: l3 ¢&b .202kk
## **Cambridge Community Arts**
## **Statement of Financial Activities (incorporating an Income & Expenditure Account) for the year ended 31 July 2023**
|**Unrestricted**
**Funds**
**Notes**
**2023**
**£**
**Income from**
Grants
2
7,000
Charitable activities
3
171,364
Donations
4,299
Other
436
**Total income**
183,099
**Expenditure on**
Raising funds:
4
4,687
Charitable activities:
5
234,750
**Total expenditure**
239,437
7
(56,338)
**Net movement in funds**
(56,338)
**Balances at 1 August**
63,397
**Balances at 31 July**
**7,059**
**Net (expenditure)/income**
**for the year**|**Restricted**
**Funds**
**2023**
**£**
136,301
-
-
-
136,301
-
127,385
127,385
8,916
8,916
7,325
**16,241**|**Total**
**Funds**
**2023**
**£**
143,301
171,364
4,299
436
319,400
4,687
362,135
366,822
(47,422)
(47,422)
70,722
**23,300**|**_Unrestricted_**
**_Funds_**
**_2022_**
**_£_**
_12,800_
_208,871_
_3,434_
_405_
_225,510_
_3,965_
_227,190_
_231,155_
(5,645)
(5,645)
69,042
**63,397**|**_Restricted_**
**_Funds_**
**_2022_**
**_£_**
_70,517_
_-_
_-_
_-_
_70,517_
_-_
70,692
_70,692_
(175)
(175)
_7,500_
**7,325**|**_Total_**
**_Funds_**
**_2022_**
**_£_**
_83,317_
_208,871_
_3,434_
_405_
_296,027_
_3,965_
_297,882_
_301,847_
(5,820)
(5,820)
_76,542_
**70,722**|
|---|---|---|---|---|---|
All amounts relate to continuing activities. There were no recognised gains or losses other than those included above.
The notes on pages 13 to 17 form a part of these financial statements.
11
C3n71Kldge Communlty Arts
Balancé Sheet as at31July2023
Unrestrlcted
Fvnth
2023
Rèstrkted
Funds
2023
Total
Fund5
2023
Unre$trict4d
Funds
2012
Resirktod
Funds
Total
Fynd5
2022
Noies
2022
Fixed As$et$
Tan8ible fixed *sels
CurY*nt A55ets
Debtors
3,054
17.513
3,Q54
33,754
45,389
54,211
45,389
61,536
C85h Wt bink and in hand
16.241
7,325
20.S67
16.241
36,808
99.6(MJ
7A25
106,925
Cfedltorn: amounis falllni
due wlthln one year
113.S081
113.5081
136,2031
136.2031
Net Crrent
7,059
IE,241
23,300
63,397
7,325
70,722
Totll Not Aswts
7,059
16,241
29,300
63,397
7,Y25
70,722
Funds
General re$¢rve
De51KnJted fund5
Total unre5trlcted funds
7,059
7,059
48,397
15,000
63,397
48,397
15,000
63,397
7,059
7,OS9
Restrlcted fund5
L6,241
16,241
7,325
7,325
LO
7,059
16,241
23,300
63.397
7,325
70,722
These account5 have been p¢tred In accordance wlth the 5peci&l provision5 )f Part 15 of thè thmpanlos Act 21Y)S relatlng to
SMBII cornponles •nd in 4cEordance wlth the FSn4n¢lal ReportJnE Standard 102.
Company number08934371
The dlreeters are sawsfied that the company Is entltled to exemptlon from the requSrement to obt41n an audlt
under sectlon 477 af the Companles Act 2006
ThE members have not requlred the company to obtaln an audSt In accordan¢e wlth sertlon 476 of th2 Act
The dlrertcrs acknovlledge thelr responslbllltle5 for complying the requlrements of the Companles Art
2006 wlth respect to accountlng ordS and th& preparnilDn of accounts
Appwèd by the TnJstee5, and authori5o.d for issue. on
Alice Newton (Chair
Tht notes cn pages 13 tu 17 a part of these flnandal statements.
12
**Cambridge Community Arts**
## **Notes to the Financial Statements**
## **for the year ended 31 July 2023**
- 1 **Accounting Policies**
## **Basis of preparation**
These financial statements are prepared on a going concern basis, as modified by the revaluation of investments, under the historical cost convention.
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 (FRS 102) (Charities SORP (FRS 102)), and the Companies Act 2006.
The Charity constitutes a public benefit entity as defined by FRS 102.
The presentation currency is the British £.
## **Going Concern**
The trustees have considered possible events or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of these financial statements. In particular, the trustees have considered the Charity's forecast and projections and have taken account of pressures on investments.
After making enquiries the trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operation for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing these financial statements.
## **Critical accounting estimates and areas of judgement**
The preparation of the financial statemenents requires the Trustees and management to make significant judgements and estimates.
The items in the financial statements where such judgements and estimates have been made include estimating the useful economic life of fixed assets.
## **Cash at bank and in hand**
Cash at bank and in hand is taken to mean cash and short term highly liquid investment deposits with a maturity date of three months or less.
## **2 Grants**
**Accounting policy** : Income from grants is recognised gross when notification of approval is received and treated as unrestricted unless they are specifically restricted by the donor.
|.
Cambridge City Council
ambs Community Foundation
Arts Council England
BBO
DWP - Kickstart
The Fore|**Unrestricted**
**2023**
**£**
-
7,000
-
-
-
7,000|**Restricted**
**2023**
**£**
8,000
18,948
69,240
38,620
1,493
-
136,301|**TOTAL**
**2023**
**£**
8,000
25,948
69,240
38,620
1,493
-
143,301|Unrestricted
_2022_
_£_
-
-
-
-
12,800
12,800|Restricted
_2022_
_£_
7,325
18,690
40,046
4,456
-
70,517|TOTAL
_2022_
_£_
7,325
18,690
40,046
4,456
12,800
83,317|
|---|---|---|---|---|---|---|
13
**for the year ended 31 July 2023**
## **Cambridge Community Arts**
## **Notes to the Financial Statements**
## **3 Income from charitable activities**
**Accounting policy** : Incoming resources from charitable activities is included gross when it is due.
**----- Start of picture text -----**
Unrestricted Restricted TOTAL Unrestricted Restricted TOTAL
2023 2023 2023 2022 2022 2022
£ £ £ £ £ £
Contracts 162,137 - 162,137 199,206 - 199,206
Learner fees 9,226 - 9,226 9,665 - 9,665
Club fees - - - - -
- -
171,363 171,363 208,871 208,871
**----- End of picture text -----**
## **4 Raising funds**
**Accounting policy:** expenditure on raising funds consists of cost of marketing the learner programme
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|TOTAL|Unrestricted|Restricted|TOTAL|
|2023|2023|2023|2022|2022|2022|
|£|£|£|£|£|£|
|-|-|
|Marketing|4,687|4,687|3,965|3,965|
**----- End of picture text -----**
## **5 Charitable activities costs**
**Accounting policy:** Resources expended are recognised in the period in which they are incurred and include irrecoverable VAT where applicable. Resources are allocated to the particular activity where the cost relates directly to an activity. Salary costs are allocated on the basis of hours worked. Support and governance costs are allocated based on an estimate of staff time.
**----- Start of picture text -----**
||||||||
|---|---|---|---|---|---|---|
|Learner|Governance|Learner|Governance|
|programme|costs|TOTAL|programme|costs|TOTAL|
|2023|2023|2023|2022|2022|2022|
|£|£|£|£|£|£|
|Costs directly allocated to activities|
|Tutor fees|61,476|-|61,476|58,617|58,617|
|Course costs|29,159|-|29,159|24,987|24,987|
|Events|1,876|-|1,876|1,758|1,758|
|Exam fees|-|-|-|2,168|2,168|
|-|-|-|-|-|
|Hardship fund|
|Staff costs|224,515|-|224,515|174,104|2,437|176,541|
|Training|389|-|389|2,037|2,037|
|Support costs allocated to activities|
|Professional fees|13,753|-|13,753|1,504|1,504|
|Insurance|1,254|-|1,254|990|990|
|Premises costs|-|-|-|9,467|9,467|
|Office costs|10,879|-|10,879|13,079|13,079|
|Travel|2,791|-|2,791|888|888|
|IT|16,043|-|16,043|5,846|5,846|
|-|
|362,135|362,135|295,445|2,437|297,882|
**----- End of picture text -----**
14
## **Cambridge Community Arts**
## **Notes to the Financial Statements**
**for the year ended 31 July 2023**
- **6 Staff Costs and remuneration of key management personnel**
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|Staff Costs:|£|£|
|Wages and salaries|206,486|169,103|
|Social security|13,057|4,336|
|Other pension costs|4,094|3,102|
|223,637|176,541|
**----- End of picture text -----**
The Trust considers its key management personnel comprise the trustees and the Charity CEO. The total employment benefits including pension contributions of the key management personnel were £34,363 (2022: £24,375)
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|Average number of employees|11|12|
**----- End of picture text -----**
No member of staff was paid a salary in excess of £60,000.
The above numbers do not include Trustees who are not permitted to receive remuneration for their duties.
No Trustee was reimbursed travel expenses incurred on Charity business (2022: nil) .
## **7 Pensions**
**Accounting policy** : The Charity contributes to the personal pension policies of employees. Its commitment to these defined contribution schemes is limited to the contributions payable, which are accounted for as expenditure in the year in which they are incurred.
**----- Start of picture text -----**
2023 2022
£ £
Pension contribution 4,094 3,102
**----- End of picture text -----**
15
**Cambridge Community Arts Notes to the Financial Statements for the year ended 31 July 2023**
## **8 Debtors**
**Accounting policy** : other debtors are shown as the amount due. Prepayments are valued at the amount prepaid. Debtors are considered to be basic financial instruments under FRS 102.
|Other debtors|**2023**
**£**
3,054
3,054|_2022_
_£_
45,389
45,389|
|---|---|---|
All outstanding debtors were received in the first quarter of the following year.
## **9 Creditors: Amounts falling due within one year**
**Accounting policy** : creditors and provisions are recognised when the Charity has a present obligation resulting from a past event which will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement value. With the exception of accruals, creditors are considered to be basic financial instruments under FRS102 and are measured at fair value.
|Trade creditors
Tax and Social Security|**2023**
**£**
8,340
5,168
13,508|_2022_
_£_
33,534
2,669
36,203|
|---|---|---|
16
**Cambridge Community Arts Notes to the Financial Statements for the year ended 31 July 2023**
## **10 Funds**
**Accounting policy** : Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the objects of the charity. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subject to restrictions on their spending, imposed by the donor.
|**Unrestricted Funds**
General reserve
Designated Funds
**Restricted Funds**
**Total Funds**|**Balance at**
**1 August 2022**
**£**
48,397
15,000
63,397
7,325
70,722|
Incoming
Resources
£
183,099
183,099
136,301
319,400|Resources
Expended
£
(239,437)
( 239,437)
( 127,385)
( 366,822)|Transfers
£
15,000
( 15,000)
-
-
-|**Balance at**
**31 July**
**2023**
**£**
7,059
-
7,059
16,241
23,300|
|---|---|---|---|---|---|
Funds which were set aside for development of future projects utilised in the year.
**Designated Funds** year. The Charity receives occasional grants and donations for specific charitable purposes. Any **Restricted Funds** balances will be spent in the coming year to complete the projects.
## **11 Administrative information**
**Company number** 8934371 **Charity number** 1187718 **Registered Office** 16-18 Arbury Court Cambridge CB4 2JQ
**Trustees** who are also directors under company law, who served during the year and up to the date of this report were as follows:
Umaima Ahmad(resigned 14 May 2023) Qazi Arsalan (appointed 15 March 2023) Sophie Baillie Matthew Bryan Katharine Collins (appointed 15 March 2023) Kim Cridland Olivia Downs (resigned 14 December 2022 Rupa Grahame (resigned 14 June 2023) Alice Newton (Chair) Bassey Orok Okon (appointed 23 April 2023) Anne Taylor (resigned 14 December 2022) Michael Thelwall
**Key management personnel** Jane Rich CEO & Company Secretary **Independent Reviewer** Rahim Uddin Artifin Accountants Docklands Business Centre Suite 12/3D. 10-16 Tiller Road, London
**Bankers** Co-op Bank PO Box 250 Skelmersdale WN8 6WT
17
Artifin
• w (0) 207 185 6288
+44 (0) 207 093 2S44
•rt1finaccctsnE>Co.k
Irbfoo*rtlfinbceountsnt&eo.uk
Docki•nds BuslTh•ss ¢•Thtr•, Sult• 1¥30
10-16 fill•r Road, Do¢kl•nds. London E14 BPX
ACCOUNTANTS
TERED IIA14AGE¥EIIT ACCOUIITANTS
Cambridge CommunityArts
Independent Examiners Report
Independent Examiner's Report to the tnjstees of Cambridge Community Arts
I report lo the charity trustees on my examination ol the financial statements ol Cambridge Communrty Arts for the year
ended 31 July 2023 which comprise the Statement ol Financial Activities. the Summary Income and Expenditure Account.
the 8alance Sheet and the reialed notes.
Responsibilities and basis of report
A5 the Iru51ees ol the charily land also ils directors for the purtNJses ol company lawl you are re5pon5ible lor the preparation
of the financial statements in accordancewith the requirements ol the Companies Act 20061'ihe 2006 Act.
Having satisfied myself that the financial slalemenls ol the charity are not Tequired to beaudiled under Part 16 01 the 2006
Ad and are eli&ble lor independent examination. l oport in respe¢t ol my examination of your charity's linancial statements
as carried out under section 145 of the Charities Act 20111.lhe 2011 Acl'l. In cairyingout my examination I have followed
the Oireclion5 given by the Charity CoMmi10n undersection 1451511bl of the 2011 Act.
Independent examiner's statement
As the charity's gross income exceeded £250.OLKI your examiner musl bea member ol a body listed in section 145 01 the
2011 Act. I confirm that l am qualified to undertake the examinalion because l am a member ol Chartered Management
A¢countanl.
I have completed my examination. I can conlim that no material matters ha cc¥))e to myattenlion in connKlion with the
examination Wving me cause to believe that:
. accounting records were not kepl in accordance with section 386 of the 21x16 Act: or
. the financial statements do not accord with Ihose records: or
• the financial statements do not complywith the accountingrequiremenls under section 396 otthe 2006 Act other than
any requirement that the linawal statements wve a'liue and lairf view which is not a matter considered a5 part ol an
independent examination; or
• the financial 5talemenls have not teen ppared in accordance with the Charities SORP IFRS 102}
I have no concerns and have come across no other matter5 in connection with the examination to whi¢h attention should be
drawn in this report in order lo enable a proper undetstandingol the financial statements to be reached.
Rahim Uddin
Chartered Management Accounlant
Artifin Accountants
Oocklands Business Centre
Suite1213D,10-16 Tiller Road
London
E14 8PX
06 February 2024
CGMA,
P(6
18
Artifin Accountants is trading name ol Artffin Accountants Limited. registe1 in Enand & Wales
under the Companies Act 2006 as a prNate company. RegislTation No. 07430682