flegtered Number.. 03623974 Registered Charity Number= 1188725 HEADS TOGETHER PRODucfioNS LIMrfED Atompaw1Smrted bvRu•rnntee DIRECTORS, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AEGR016Y 0511212tr25 COMPANIES I+OUSE 111 A14
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Hezds Toxethef Productions Limtted Lkreclors, Report and Unaudited FKWlal 51atements Forthe Year Ended JI Mah ZOZ5 Contents Comparry Information Report of the Tvustees Independent Examiner5 Report Balance Sheet io Statement of Flnancial A(tNlties li Notes to the Financial Statemeffls 12-17
Heads Together Productions Umlted Company Information For the Year Ended 31 March 2025 Dirirt¢W5 aml Tntstee5 MT G Pope MsKttye M5 N Kweyama Mr 8 Williams [Re5wd 161101241 Mr J Toolan 5 1 Walkef Mr J Oixon Ms L5mickersgill Ms M 8ending IAppointed 16/IOn41 Ms L Graham (Appointed 161101241 Mr T Bending (Appoinied 161101241 M5 C Turton (Appointed 161101241 Mr N Billingham (Appointed 161101241 Mr A Sindair Conwany Numb 03623974 Rl$lered Owity 1188725 Registered Ollke Chapel FM Arts Centre Old Seacroft Chapel 1081 York Road Leed5 West yOshiTe L514 6J8 Independent EMamln¢r 8urrow & Crowe Acmuntants & Business Advt5ers Ltd 61-65 PeRholme. Wharfebank MAIS Ilkley Road Otky West yo$hirt L5213JP Pa8e I
Head5 Towher Productions Lirnited Report ol the Board of TNstee5 For the Year Énded 31 Marth 2025 The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 M3rch 2025. Thetrustee5 have adopted the prow5ion5 of the 5taiement of Recommended Practice ISORPI-Accounting and Reportin8 by Charities- in prepaTin8 the annual report and finanoal staiements ofthe tharity. Tru5tee5 of the Charity The director5 of the charitable company are itStruslee5 forthe purposes of tharity law. The trustees who have servtd durirethe year and sino the yearend are as detaded on page l of the accounts. Objrtivesand Activities The Objects of the Charity are stated in in its ArtKles ol A$)ciatIOn from 28th August 1998 and last arnended by special resolution on 16th Marth 2020. The four keyobiects can be summarised as follow5.. - For the pU1t beneffit advancing the education in the arts - The proMlon of social inclusion ihrou£h ihe arts - To help young people to develop their capabilr(ies - Providing or assistin8 in the prowsion of facilsties forthe benefit of the inhabitants of Eam Leeds An annual business plan identifiesthe work that the Chanty wll undertake. Progre55 15 monitored and reported to trustee meetings throughoul the year. During the year 2024125 there were two mzin areas of actNity for the Charity.. Chapel FM Art5 Centre in E35t Leeds.. and UNION.. The orthern Sthool ol Creativity and Artivism. UNION has now provided extended professional development pro8rarnmes to ¢)ver 140 artists and attrwsts across the north of England and Chapel FM celebrated 10 yeais of operations Sin li was opened as the first_ever art5 ¥entse in East Leeds. Pubfic Benefit Stern¢rt The Trustees confirrn that thry have complied with their duty to have due regard tothe guidan on public benefft published bythe Charity Coffjmi5sion in exercising their powers and duties. The Trustees tonsider that all the activities of Heads T¢¥ether Produtlions Limited are carried out for the public benefit. Strategic Report Athievernents and performante (including priThcipal risks and vncertaintie5. developmentand perforrnawKe and key performance indicator51 Chapel FM Arts Centre Head5 Together Productions, long-term projett Chapel FM Arts Centre based in Seacroft, East Leed5. continued to fu111 its mission and theory of rhange during the 2024-2025 fiscal yearihrough delivering the followir¢five core rtrands of auivity: Pale 2
11 Core CommunityArts& Sotial chaTr Chapel FM serves a5 a key anchor organi5ation in workirew((h kxal residenis to help shape the future of our community of Seacroft. East Leeds and surroundine areas. As part of this worl we completed the second year of our 3-year core comrnunity arts projett-Home From Home- exploring the places in Seacroft and across Leeds where people tome tOEetherto create and develop projects for Social change. We played an increasingly significani role engaging with the rnanyasylum seekers living in Seacroft. reducing political tensions. and developing projects designed to foster dialogue around growing di¥er5ity during the past year. 21 Trainin8 Pwramm•s We delivered courses and workshops where people developed 5ki115 and gained practical experience STh radio broadcastin& Ofal history, treatN&writin& MUSK. theatre. cooking. cornmunity artivlsm campaign orBoniiinL and herartS for more than 3,4 people from our comrnunity and the wider city thrOh 17 different regular courses. aswell as pathways for progression. 31 Comrnunlty Ratho 8roadcast5 and Po*$ We expanded the work of our radio station. East Leeds Communityftadbo. for whth morethan 230 community Members produced 7c broadcasts of rnore than three doien drffereni shows for +26,5C4] li5tener5 on a wide range of topics all of which are acce55ible in ow digital archives.. htt Ilm.to.u elfm la 41 Li¥e Arts E¥ents We presented +160 perforniances and other eventsfor +5.8(rJattendees Talg from local productions to national tourin8 shows. brineine a diverse spertrum ol art foms, topits and artists to our local community. In addf(ion. we produced a number of majorlestivals and special arts event projects described below. 51 Hostin¢ ComTrvJnityArti¥ities Our venue hosted 454 other art5 and third 5ectororganisations-in-residence during the pa5l year. prowdin8 them with space. morketin& media coverage. community connections and other resources. Amon8 those hosted at Chapel FM on a regular basis were.. And(5 Man Club. Food Cycle, 1514Trust, Performance Ensemble. Red FlaETheatre, Seasun Well. sOh Asian Art5-UK. Through Our Eyes music ensemble, WestYork5hi Darbce, and manyothers. During the period covered by this report Chapel FM Arts Centre progressed in significant ways, most nOtaV through strengthening wtal core 5UPPgrt from mulii-year grants from key funder5 such as The National lottery, Arts Council England. Leeds City Council. leeds Community Foundation which provide essential operating 5UPPOrting enabling Chapel FM to engage in long- terrn strategic planning and ensure our community of Seacroft and wider East Leed5 that we wll continue to a presence. Pa8e 3
In addition. Chapel FM evolved a number core. loog-term projects and partnerships. filled Several essential Staff Positions, expanded the Tole of the board of trusttes. most notably through the addition of 6 new bDard members th a ranee of irnportant skills and experience, and increased participation and audienie numbers_ During this period. Chapel FM Art5 Centre venue had 25.400 in-person visitors and 208,(JJO dieiral en8agemeniS for our nurnerous radio broadcasts. podcasts. streamed performances and communityevents. Key ¥thlevernents by Owpel FM Ans Centre thJrth£ffisc•l Vear 20ZZ025 itKluded: Oeepening Impact ol Arts & Media TralnlngproKrffles During the year we conducted 604 form31 and informal arts trainirrf sessions uslty radio. musi4 writing, theatre. citizen journalism and other arts. engaging 8.800 participants with a stron8 focus on local youth. In additn. Chapel FM staff developed a nurnber of new and expanded output project5 to showcase the result5 of training ranging from Music ensembles such as GreyRaven5 and Through Our Eyes to radio shows such as RedKite3nd events such as the 8lue Owl Youth Performurtce loft. In 2024-2025 we a150 Significant 5trenyhened ourtraining w¢Yk wrth awum seekers and refugee5 a5 well as traini prograrnmes designed to counter lar-right extremism opposed to immigration with projects such a5 the new radio Show and podc35t Bridges Not 8orders. Deli¥erlnzCoreCammunltyArts Projoct orne From Hom During 2024-202S we completed Year Two of otsr 3-year-Home From Home- projed whith culminated in a site-specific, interactive performance and soundscape installation explorati¢)n explore three types of spaces in Leed5 where people come together.. urban forests & gardens. teen creative places. and buses. We also began Vear Three ofthe projttt whKh shifted to a elobal forus through gatherine and creativety reshapTn8 storFes obout connertions between SeKTvft and the widerwDrld. includin8 through several of Leeds. twin cities (Lille, France.. Dortmund, Germany.. Ourban. Souih Affica; Louisville, the Llnf(ed Staie5.' and KharkN. Ukraine). These "Home From Homrf oral histor wwe made available in digitalty for our wider cornmunitv here.. htt www.tha Ifm.co.u effm shows ome.frorn-h me- creatively reinterpreted by artis15 35 part of live events, included in radio and podcast broadcasts. 5entto the 8rit15h Library to be stored in their permanentSound5 Archive. EXpIng ArtSsiic plTaMMl Key events included majorfe5tivals suth as our annual Vlriling on Air Festival- of tyiginal Voikshife vrritine on the radio whith took the theme of-Rtttverf and inVoed morethan 260 writers and other artists creaiing 80 unique events. ovr 24-hour-Musitathon.- our summeryouth radio and arts camp-sound rt Out,- and hosiNig arts partners fmm oui twin community of Moulins in Lille, France. 5trencthenlnE Radio and Podc•st Peoduttion Among the key Easi Leeds Community Radio achievements HI 202ty2025we launched a number of key new flagship 5how5 including proBramme50n leeds history. women's voices. LGBTQ+ per5Ptrtives, and arts 3cr055 West Yorkshire., implemented a major brandin8 and rnarketin8 overhaul for the station,. and used our radio resource5 to en8aee in a major national social justice campaign wth Citizens IJK that induding interviewinethe Mayor of West Yorkshire and other key northern UK metro mayofs. Pag2 4
le Are 5ea¢rt NetwwkofThlrd 5e¢torOryaThisation5 & Other Cornfflty Partnership Work Chapel FM tontinued to serve as a lead mernber of this innovatNe collaboration between nine her organisations in our community of Seacroft which grew out of work that beÉan during the Covid pandemic. We Are 5eacroft irnplernents Joint training for staff and participants, IoFig-term strateEiC community plannin& advocatyforsocial change. Joint fundi arKI many other formsof sharing resources. Experimenting wilh the forrnat 50ciabchan8e value ofour evoknng Community Forurns was another key a£hievefTrenl in 2022025. These events are a unique hybrid of a kind oltown hall discussion of a key social i$5ue. combined with artlst performarKes, a Ir¥e radv and video broadcast (that is also archr¥ed to create a record and sharin81. a chance to speak dirertly with those in positions of power. and a potential (atalyst for difect soual action. During the year Chapel FM worked with 21 orgonisaiions to present 6 forums on the following tOPKS'. International Wornen's Day. migration and asylum seekers, literatvre in Leed5. political extremtsm and hate crimes. youih and technology, savin8 and strenRthenin¥ loral community spaces. and bcal responses to ihe climate emergenc¥. Finally+ three specific examples of new partnerships and achievements that expand our capacity for the future ihat we initiated in 2024-2025. Chapel FM formed a new knng-temi relationship with Nidderdale National landscape which will ernale us to bring resident5 from Seacroft to wild. green, rural spaces to between understsnd i55ue5 around food production and the Clirnate Emergency and we have beRun to work closely with a pair of furthcorning new major Leeds cultural anchor organi5ations the British b"bfary and ihe National Poetrycentre. both of which are dve to open in the coming years and with whom Chapel FM and ovr participants are already crezting innovative radiolsoundscape projects and other projectswith potential to ewand in the future. UNIOM was set up by Head5 Togeiher Produuions in 2019wth support from the Paul Hamfyn Foundation and Art5 Council of England. The aim w35 to irnprove the supporr Provided for people wanting to develop careers in participatoryart5 and actiVi5rn. particulady people from disadvantaged backerounds. More than 140 artists and artivists have now taken part in one of LINION'sextended programmes of professional development. Duringtht year we completed a S-year evaluation of the original cohort from 2019. 95% of the or4ginal cohort of eartycareer social activist5 and participatory artists continue to develop their work and tareets in this area of work. They were able to point to a range of benefits and impacts of the trnining prognmme. i*)th in terms of skills developrnent and the subsequeni community of practice_ Fweyeors on UNIONIS still wlth n. Steph Shields". artist and disability activist. Sunderland. Participant in UNION 2019 Duri the year we alsoworked with three other UNION cohons.. Paee 5
. UNION 14: We retTUtted 22 participants forthe 2024 tohor¢ a range of Èarly- to mid-career 3rt15t5 and actlV15t5. Their training journey ended with a final residential weekend in Birkenhead in January 2025 and they started a range of five different collaboratNe leaming projectswhich will be completed by Dettrnber 2025. - Leed$ 2023 Nel8hbtyJthood Hosts.. We continued au* work with 8 ofthe original Neighbourhood Hosts, developing Participatory Researth techniques wtlh them with support from the University of Leeds Centre for Cultural Value. - Bradford 2025 Our P•tth- We 5taned WDrkin£ vth the comrnunity producers and lead commtsnbty artisisvtho were plannin8towork acr0$5 the Bradlord Di5tritt as part of the Bradford 2025 Festival. With 140 alumni frorn the ¥¥i04tS training programmes across the north of En8land, UNION is now a strong network olartists and activists and has an impau across the sector ès well as forthe individua15 who have taken part in the training. UNION has been bringing organisations in¥olved in training initiatNes together to create a Communityof Practice. again with an aim to strengthen the quality of the profession31 development across the sector and to ensure diversity ¢n approach and with respert to the partKipants who take part in the different programmes. F5nancial Review Total income in Z024125was E372.308 a small InCaSe onthe previo year. At the end of the financial year ihefe was a 5% increase in tsnrestricted feseryesio £l30.125.Vl.nthe optlmum ralbge 1dentrfd by the Board. Plans for Future Periods The tompttition for charrtable and public fd$ is exlrernetycornpetffiwe intht Current financial climate. In 2025126we are due lo re-èppty for several of our rnufti-annuèl fuNls and that creates uncertainty for our financial predirtions. We are working hard on those application5 and must be prepared io cut CO5 if sorne of that fundine doesn't come through so that we don't have to use Significant proportion of our resetrves to offset a reductton in iorne. Re5ewve5 Policy The 8oard has agreed to maintain reserve funds at sufficient levels in order to alhjw the smooth continuatlon of all activtties and mitl8ate risk. Its policy is to hold free re5erve5 unTestricted fvThds not comrnitted or invested in tangible fixed assets) of between 6 and 9 months of core running Costs Iwhich equates to £ll.0C to 1S0.((¥JI. The TtUStees are committed to m31rttaining a broad range of sources of income fof the Charrty from both restricted and unrestricted sources an¢J that Contribe5 to the abIlitY of the organisatlon going forward. Full details of ITome are in Notes 2 and 3 of the accounts. The Charlty completed a second phase of caprtal development on Chapel FM Arts Centre with Final CoMpl10n back i)n 241h Marth 2022. The fvll cost ofthe M phases of developmentwas over £1.6m. The cost is eovered by grant income which is being depreciated over 20 years.. Note 11 details the capital Rrants received and Note 6 the capitalisation of the eypenditure. Page 6
Structu. zownante and m•n4ement Heads TrJ8ether Productions was iniorpoTrted as a Company Limited by Guarantee gn the 28th Atyaust 1988. The Company was entered onto the Re8lSterof Charities on 24th Marth 2020. The trustee5 of the charity a50 art as dirertors forihe pUrrSe50f company law. There were eight trustees at the beginning of the year and Brian Williams Stepped down in October 2024 due to ill health. Following an open recruitment prote55 we were able to recruit five new trustees with a broad range of experience and Skills. rneaning wefinished the yearwth a strong 8oard of trustee5. Fvll trustee meeting5 take place four times a year to take key deci5)nsfor the charity and to hear reportsfrorn their constited sub-youps whKh look at specifi.c issues such as finance and funding.. participation activities: venue and communications- and staffi. On a day-to4oy basis. management ol the organisation 15 delegated to the two senior staff, Tory Macaluso and Adrian 5ifictsir. Tony is lead on all operational actNities ai Chapel FM Arts Centre, and Adrian sinclair is responsible for Bu51ne55 Mana8ernent of the company. and the UNION trainin8 programme. There was a staff team of seven. Trustee5 are appointed on a rolling basis and the char perfomis a skills audit to identify need. The posts are advertised. and applicants asked to submit a cv and letter of intereM outlining their skills and reasons fDrwanting lo join the 8oard. They are then inter¥iewed and subsequently invited to attend an It)itial session a5 an ob5er¥er. If approved by a quorate majority. they a invited to join the Board and underKo a Trustee induction proce55. R15k Managefflent Thetrustee5 identify and as5essthe key risks facing the charity and maintain a risk regrster. The feeister is reviewed regular1 lat least on an annual basis) and the systems. pgliries and procedures are put in plate in order to manage the identified risks. Trustees. ResponsThi ilities The irustees (who are a150 director5 of the cornpafryfor the purposes of comparry lawl are responsible for prepafing the Trusiee5' Annual Rewrt lincluding the Strategic Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generaly Accepied Accovntin8 Pratti£el_ Company law requires the trustees to prepare financial yatements fof eath financial year. which give a true ané fairview of the state of affairs of the ch3rf(able cornpany and of the incoming resources and application of re50urce5. induding the incoffle and expenditure. of the charitable company fijrthat period. In preparing these financial statements. the trusteesare required to.. 5eleu svitable a¢eounting polities and then applythern con515tently.' obserye the methods and principles in ihe ChaTrties SORP 2015 IFRS 1021.. make judEemeAts ènd estimates that are reasonable and prudent- state whether applicable UK Accounting Standards have been loll¢)wed. 5ubjertto any material departures disclosed and explained in the financial statements. prepare the linancial statements on the 8oin8 concem bays unless it is inappropriate to presume that the charitable companywill continue in operat)n. The trustees are responsiNe for keeping adequate accounting records that distlose with reasonable accvraey at any time the financial position of the charitable company and enablÈ them to ensure that the financial staternents cornply with the Companies Act 2(6. They are zlso responsible for safeguarding the a55et50f the charitable company and hence for taking re350nable steps for the prevention and detection of fraud and other irregularities. Pa8e 7
Di5dosure of Information to Independent Examlrw5 In 50 far as the trustee5 are aware.. there 15 no velevant informatiOFb la5 defined by Sertion 418 of the Companies Act 2(*)61 of which the Independent Examiner is unaware.. and the trustees have taken all sleps that they ought to have taken to make themselvesaware of any relevant information and to establish that the cofflpan5 Independent Examiner is aware of that information. On behalf of the board Date 20 Nov 2025 Page 8
Heads To8ether Produrtions Llmited Independent Examiners Report For the Year Ended 31 Marth 2025 I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 8 to 15. Responsibilities and basls of report As the charity trustees of the company land also tts dirertors forthe purposes of company lawl you are responsible for the preparation Of the a¢counts in accordance with the requirements of the Companies Art 20061'the 2LY)6 Arfl. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2C()6 Att and are eligible for independent examination. I report in respect of my examination of your company's accounts as cafrietd out under section 145 of the Charilies Act 20111'the 2011 Act'l. In carrying out rny examination I have followed the directions given by the Charity Commission under section 1451511bl of the 2011 Act. Independent examinerfs statement l Confirm that l am qualified to tlndertake the examination because l arn a member of the Association of Chartered Certified Accountants, which 15 one of the listed bodie5. I have compleied my examination. I confirm that no matters have come to my attention in connection with the examinaiion giving me cause to believe that in any material respect". l. accounting retords were not kept in respect of the tornpany as repuired by section 386 of the 2006 Att,. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Aci other than any requirement that the accounts Éive a 'tfue and fair Vie which is not a matter considered as part of an Independent examination- or 4. the accounts have not been prepared in ac¢ordan¢e with the methods and principles of the Statement of Recommended Practice fgr accounting and reporting by tharities, applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republit of Ireland IFR51021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accovnts to be reached. Oavid Pollitt FCCA 8urrow & Crowe Accountants & Business Advisers Ltd 61-65 Pegholme. Wharfebank Mills Ilkley Road Otley West Yorkshire LS213JP li.L/is... Page 9
Heads Together Production5 Limlted Balan¢ Sheet A5 * 31 Mar¢h 2025 2014 FIXED ASSETS TanKible A55ets 867,055 CURRENT A55Ef5 Debtor5 Cash at bank and in hand 2,702 170.502 173.204 23.133 17Z,336 195.469 Cwedltor& Amownts within one year 116,4741 I26.8> NETCURRENT ASSETS 156,730 168.669 TOTALASSEfs LE55 CURRENT LIABIUTIÉS 953.670 1.035.724 Creditors: Arnounts due afterone ye•r P95.0451 1865.9941 NET ASSEf5 IS8.625 169.730 FUNDS Unrestrirted lunds Restricted fund5 TOTAL FUNDS 130.125 28.5(A) 158.625 123.730 46.0 169.730 io For the year endine 31 March 2024 the tompanywas entrded to exemption from audit under Section 477 of the Companies Act 21J)6 relating to small companies Dirertors, ITfusttt51 re5p¢>n5ibililies: il The members have not reguiretl the ¢ompanyto obtaift an audit in a¢¢ordah¢e with setti¢)n 476 of the Compznie5 Act 2{. ill The dirertors acknowledge their responsibilthes for complyinewith the reouirements of the Acl with respecl to accounting Tecord5 and the preparation of accounts. lill These accounts have been prepafed in accordance with the provisions applKable to tompanies subject to the small COMPans. regime. On behall of the board m.n* (DAe t, ama Director 01 Dec 2025 Date.............................. Reg15ttred COTWY Plumber: 03623974 PaBe 10
Heads Together Produrtion5 knmited Statement of Finala1 Aitiviiies lin¢ludlffti In¢ome & ExpeThdltw¢Aryounll Folthe Year Ended 31 Mar¢h 2025 Umestrirted Restritt Total Trf•l Fund5 Fund5 nd5 2025 2024 ZOZ5 Inc•mlnz Resourtos from Charitable Artivilies Grant income Earned income Donation5 65.IXWJ 264.793 329.793 329,180 38.136 38,136 32,859 1,098 1.098 151 Investment Inmme Interest income 3.281 3.281 2,893 TOTAL INCOMING RE50URCE5 107.515 Z64.793 372.308 365.113 Resourte5 Expended Charitable expenditure.. Projects & allocated Sup[ services Govemance costs 169.751 280.247 449.998 427,609 4.364 4.364 4.109 TOTAL RE50VRCES EXPENDED 174.115 280.247 454.362 431.718 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE OTHER RECOGNISED GAIN5IIL055ESI 166.FAYJl 115.4541 182.OS41 166.6051 OTHER RECOGNISED fjAIN5IILOSSfS} Captstal grants released 70,949 70.949 68.448 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE TRANSFERS 4.349 115.4541 111.1051 1,843 Trarthrs between lund5 12,0461 Total funds brght forw3rd 123,730 46,LIXI 169,730 167.887 Total fvnd5 ¢arri•d forward 130.125 285ty) 158.625 169,730 Pa8e 11
Head5 Together ProductK>ns UfflSted Note5 to Ihe Flnan¢lal statements Forthe Year Ended 31 Marth 2025 l. Accounliry Pdires Basls of attountin¢ The principal accounting policies which are adopted Consistentty in the preparation of the financval statements are Set out below. al A¢¢ouffitln8 nVentIOn and rharItal status The accounts have been prepared under the histNi(al c05t convention and are in accordance wrf(h 50RP FR5102 and applicable Accounting Standards and include ihe $Its of the company's operations described in the report of the board tsf management and all of which are continuing. The Company is a Registered Charity. No. 1188725. Exemption has been taken from pièparin6 a Cash flow statement asthe company qualifies •s a srnall company. bl Incornini resourtes: Revenue 8rafits Grants are tOgl$ed in the income and expenditure account in an apprgpriate manner that matches thern with the expenditljfe towards whh they are intended to contribute. Grants for immediate financial SUPPDrt or to cover costs alrea(ty incurred are recoRnised imrnediately in the income and eypenditure account. Gfants tuw3rd$ 8eneral actr¥ibe5 of the enttty over a specific period are recognised in the intome and expenditure COUnt over that period. Grant5 loward5 fixed assets are recogni5ed over the expetted useful Ir¥es of the rela assets and are treated as defefred irrne abld released to the intome and expenditure atcount overthe useful life ol the a55et Concerned. All grants in the inc(Kne and expefid1tu account a recoKnised when all condrtions for receipt have been complied with. Cl Unrestricted and Support eosts Unrestricted funds are grants, donation5. and other incorne recerrfed orgerated for the charity's main activrties. Unrestricted funds a designated ai ihe dis¢retwJn of the board of mènagement. Support C05t5 relating to the 3drninistration of the charity have been allocated to unrestricted funds. Those relating to artistic project delivery have been alkncated to restritted fvnds. DI Taiwble Fixed Assets Depreciation is provided at the folbwine annual rates in order to wrIff each asset over Its estimated useful lrfe.. Freehold Flxture & Fittings S%stra line 20% and 25% Stravéht line Membefs The company has no share catytal and is limited by 8uarantEe. In the event of the winding up ol the ompany. the liability of the members is limited to a rnaximum of f l each. Page 12
Trustees. Rerhwneration The trustee5 neither eNe nor waived any remunerawrffi during the year. The tru51ee5 did not have any expenses reimbursed durine the year. Pensions The company operates a defined pension tontributivn srhem?. Contr*10n5 are charged to the income and expenditu account as they become payzble in accrydance with the rules of the Averzge Nurnberof Ernployees A¥era8e number of employees. incl11 directors. duri the yearwas as follows.. 812024.. 81 Page 13
Mead5 Togethef Produrtions limited Noies to the FInala1 statements {rontinued) Forthe Year ErKled 31 Marth 2025 2. Grant Umtsthded R5trirthd Total Funds Funds 20 2025 Total Funth 2024 2025 Arts Councll of En8land IGEN Trust Leeds City Coun¢il- Arts@Leed5 Leeds City Council- Hou5ingAdvisory Panel Leeds Crty CourKiI- Leeds Inspid LEeds City Council- Shared Prosperity Fund Leeds Crty C0c11- Cultufal In¥e5Ment Prryaramme leeds Culture Trust Leeds Communrty Fwndation Leeds Mencap L514 Trust National lottery Community Fund Paul Hamlyn Foundati Rotary Club of Roundhav Welcome Spaces West Riding Illa50nic Charity Allia)z Foundation 50.000 37.900 11.000 2,OC(I 9.745 28.783 28,783 io,o)o io,(Ko 1S.(IXI 15.(U) 25.IXXI 25.(XJO 34.750 2.010 149.5CKI 49.SLXI 2.010 149,5 49.51x1 IiO.SLTh) 49.5 50) 1.0 2.5fA) 6.785 65.L*XI 264.793 329.793 329.180 Chapel Development Phase 2 grant released a8ainst revenue costs Total Grartt IncomÈ 65.CKI) 264,793 329.793 329.180 3. E•med inrome Ufft5tricted Re5triEted Total nds Funds Funds 1025 2025 2025 Total 2024 Sales Fee income Ory hire ind irainin8 Food sales 673 18.892 12,309 1.015 21.123 12,670 3.459 21.123 12,670 3.459 Total Eamed In¢omi 38.136 38,136 32,889 Page 14
He3d5 Together Produc1MS Lirnited Notes to the Finan¢ial Slatemerts Icortilwedl Forthe Year Ended 31 Marth 2025 Charltable eMndIture Totsl Fund5 2014 Fun 2025 Fund5 Funds 2025 Projtcis: staff wages & salaries linc Nl & pension costsl Artists fee5 Venue costs 25,470 196.386 221,856 2OJ.255 55.209 61.69B 62.119 19,307 34,584 27.275 15.277 AIIKated support ser¥lces: DÈsiKn materials Equipment Hire Print & production Vehicle hire & project Travel Staff train*n8 Travel & subsistence expenses Light & heat Rates Cleaning Vehicle fuel costs Computer software. consumables & maintenante Repairs. renewa15 & maintenarlce Insurance PriThtin& postage & stationery Advertising & marketing Costs Telecommunications & data Subscriptions Sundry linc donations) Depreciaticffi of fixtures & ffftings Deprttiation of freehold land & property 212 558 770 4,153 6.882 450 1,942 1.262 2.784 1.037 8,824 1,712 2.784 1.789 7.603 729 5.974 181 1.438 14.433 8.211 1.193 1.028 2.168 2,031 43 11.970 58.979 4.026 2,333 2.433 12,423 902 5.829 752 7.603 729 5.974 112 950 14.433 8.211 1.073 198 2.168 1.776 43 11.970 58.979 907 8,928 8,152 619 2,841 2.241 120 830 255 427 11,970 58.979 Tgtal (harltawe expendltsl 169.751 280.Z47 449.998 42?.609 5. Governance ¢0sts Unremriaed Restrl¢ted Fund5 Funds 2025 Total Funds 2025 Totsl Fund5 2024 Accountancy fees Legal fees Banktharges &-terest 3.997 3.997 34 333 3.783 13 313 "333 4.364 4.364 4.109 Page IS
N¢ads Toeeth8r Productlons Umlted Not to the Financial Statemerrts leontlnued) FNthe Yar Ended 31 2025 6. Tangible Assets Fixtures. fittiny & equipmert Frelhold Land & Property Totsl Cost As at l April 2024 Addition5 Disposals As at 31 March 2025 1,179581 176.622 1,356,203 833 833 I,l79,581 177.455 1.357.036 Deprttiation As at l April 2024 CharEe for thE year On disposals Its at ai Marrh 202S 337.601 58.979 151,547 11.969 489.148 70.948 396.580 163,516 560.096 Net 8ook Value As at 31 March 2025 783.COI 841.980 13.939 25.075 796,940 867.055 As at 31 March 2024 7. Debto 2025 2024 Trade debtors Other debtors Other taxe5 and social security 2.452 250 22,8B3 Z50 VAT 2,702 23.133 & Credltors: Anwunts due wbthin ¢b Tftar 2025 Trade creditors Other creditors Accruals Deferred Income OthEr taxe5 and social security VAT 6,514 928 3,890 5.902 897 4,571 9.500 3,941 1,989 26.8 4,671 471 16.474 9. (Tlter5. Arnounts dut afttr offteytar 20 2024 Capital srènts Isee Note 111 795.04S 86S.994 Balance Blfwd 865.994 Capital $rar Capital ¢rants Capital grants received e¥pe05ed relE35ed 831an£e hvd 795.045 Summwy ol Capitsl grants 1?0.9491 Page 16
flthStoth¢NDan¢kl siatefflwts Fwtht Y+•rÉndod 1015 IGENTrust LeeOsCtyC4uK4-HOuwAthisorypaMI L¥edscnwCaunc•. ProspoffltyFur Leed$crntyFOUThJats0fj LS147ru51 N3tlW41 LotteryCornrnniryFU Paul Hamfynndal1tifi 1156) IL(tsJ iiomi 25.0)J 125. i.oio 12.017) 149.Sf•J 1149JB41 49 163.7911 7.SLIJ 1116> 291 2irK loc 164.TY3 IIW,1471 215 Al. ¢aphalGrnnts CelDevethI PhasEI ¢hapèiOtrprneTrlphaseI Ch3vlOe¥ekprneniphasel apdOE¥Yprn1 Phase I ChapdljekprnenI Phasej l41.390 21.595 15.IIB 32.393 43,192 21.59& 36.415 3.436 315.167 IIB.945 81.033 76.415 33.732 35.4CII 15.058 6.401 2.381 479,374 7Y.541 504 795.045 15S.466 13.716 1&61J 35.611 17.491 21746 IQ054 ¥knd TheTyOwTni MonWrTrvtt thapdoewkprnent Phasel aDePmeht Phas i 9JTO1a1thépel Ot4elopr¢Tht Phase I Art5C•JKilalEW TheTOrTrS1 346.545 235.916 U7.314 03.755 36.Y6 3A15Z 27.1 6.89 apelOe¥ek)Ment PhosE 2 CThapdDEvelapment Phas@2 aW0lopment Phase 2 thapeltknlDpment Phase 2 awowelopmertt Pha2 ChapelOEvelDpmeftt Phase 2 Chapel0thrneITrI Phase 2 thaP0PfftETr1 Pha5E 2 LEEd5fjty 517.YY 864.492 I.S02 865.994 Wu¢pidin8MasOnk(harhty.ÉoeTatGl¥tt ¢omptedli ZOII. Fiomth¢Chapd p¥to1tt5&arllslA bhu10rchldP ¢qUiprnenta 156einE reasedt0lh¢IrrOrnand Èxpenrfitwe4rytymt¢wthethblifeof ttrea5setk Theeypendituttontheknriklib3sbEOtètafd èrtd in th)t¢6tha[¢VjDts.ThtrrtO ra15edtofundthe5eworksha5bEenmatthed4yirottro ha5tseeTrdthrreO(see rase olthedeferied 1CE0theInC0Ir exppndilurÈatcivJrt. 17