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2025-03-31-accounts

WYLDWOOD ARTS ANNUAL REPORT 2024-25

April 24

April was a period of recovery post the pilot of the FOD Fringe alongside an in-depth evaluation. It was also an opportunity to regroup after some staff changes, Sally who was Access and Communities lead left the organisation and Sarah Wyatt took over covering communities. This refocused our attention and gave some space for development work within the organisation.

May - July 24

In the last week of school term, we co-produced with Create Gloucestershire the National Gallery Art Road Trip in the Forest of Dean . Celebrating the National Gallery’s 200th Anniversary (NG200), giving students of SGS Forest High School an incredible opportunity to participate in creative workshops. Led by the gallery and Wyldwood Arts alongside talented artists, using the amazing artworks on the mobile art studio. NG200 experimented with

drawing contraptions in small groups. Wyldwood Arts explored a large-scale collaborative evolving artwork reclaiming language and landscape in an inclusive way. The event spread over three days, the first two and a half days were exclusively for students to explore and create, and the third afternoon was open to the public to join in and see what we had been up to. It was a fantastic opportunity for students and the public to explore expanded notions of self, identity and landscape through art, creativity and community. The Wyldwood Wagon was present alongside the NG200 bus. During the public event on the last afternoon we

transformed the Wagon into a selfie-station to allow participants to explore modern day selfies in comparison to the older style “selfie” (portrait paintings).

Through the summer months we ran a series of ‘Ideas Lab’ - collective dreaming sessions - with 32 community leads, 3rd sector orgs, change makers, activists and allies in the FoD. The aim was to catalyse new and unlikely partnerships and innovate impactful projects using an asset-based approach to help groups and individuals experiencing barriers to access routes into arts and culture, and to inform the development of FOD Fringe 25.

August - September 24

August and September focused on FOD Fringe 25 development, having conversations and making plans scheduling the festival. It was also a time of recruitment and expansion with the appointment of two new staff members: Jenny Cashmore in the newly created Programme Producer role (Arts Council funded) and Aimee Blease-Bourn as the FOD Fringe Festival Co-ordinator.

Autumn Equinox

To continue our work of developing the Orchard site in Steam Mills, we invited residents alongside Cinderford Grows members, to come and gather in the Orchard for the Autumn Equinox. A welcoming event to let local communities know that the space is available to use and come together in. A light touch opportunity to build community

relationships and connections. Those attending enjoyed eating corn and drinking spiced apple

juice to celebrate the autumn equinox and the changing of seasons around a fire. Music was performed by Spinsta Folk Duo to create a relaxed atmosphere. It was a fantastic turn out, with approximately 60 people of various nationalities and backgrounds coming together from the Steam Mills Community who lived in and close by to the Community Orchard.

This year our Access offer has become more deeply integrated across all Wyldwood Arts’ work. Access is now embedded in how we plan, make decisions, evaluate outcomes, and deliver projects, with the Access & Community Lead role a cornerstone of Wyldwood’s future. Recognition of this commitment came with the Dementia Action Alliance Award for Access and Inclusion at FVAF’s 2024 Awards in September.

Oct - Dec 2024

As part of our Artists Support Programme Wyldwood Arts offered a series of one hour 1-to1 creative chats in October, November and December 2024 for Forest of Dean based creatives working in any discipline and at any level of their career to explore a question, idea or problem. These sessions with our core team were offered free of charge, focusing on a variety of subjects including fundraising, producing & strategy, site specific practice and production, asset-based ways of working, collaboration/co-production, access and inclusion, creative community development, community outreach and education and FOD Fringe 25 and how to be a part of it. We met with seven creatives, building on existing relations and creating new ones. We have since worked with four artists through this open invitation.

We held a Procrastination Party in November, based on body doubling, a chance to bring ideas you are stuck with, share helpful ideas to progress, and spend some time moving on from the procrastination. In December we held a Festive Gather , a lunchtime Christmas party for artists, producers and people we work with. An opportunity to gather and connect as cultural workers and freelancers who often miss out on festive celebrations.

Strategically and operationally this was a handover period as Lucy Ellis-Howell, outgoing Company Producer, planned to leave Wyldwood in December. We agreed a temporary restructure with the Board and found a replacement in Katie Henry for the period January - June 2025. For the Programme Producer and Access & Community Lead and Fringe coordinator this was a busy period of planning and producing for the upcoming FOD Fringe.

Jan-March 2025

January was focussed on firming up FOD Fringe Delivery and integrating new Company Producer.

Marketing for FOD Fringe ramped up and we issued printed brochures alongside a new interactive website www.fodfringe.co.uk. This was a significant development of the previous year's FOD Fringe pilot and allowed us to reach more people. Expanding the FOD Fringe into a community-led festival aligned with our long-term vision of sustained engagement and local creative celebration. Building on relationships from previous years, we amplified existing community activities while introducing new participatory elements through our "Gathering" model—bringing people together around shared creative experiences and food. FOD Fringe 25 took place across the Forest of Dean throughout March, engaging over 6,000 participants, audience members, and visitors.

The addition of a Programme Producer strengthened our capacity to deliver a more inclusive, continuous, and community-led festival programme. We developed a three-strand approach, using the festival format as a way of sharing outcomes of Wyldwood Arts work alongside offering support to enable community-led activity to happen, platforming other

events and activities already happening during the festival month that fitted our theme. This approach can be broken down into the following:

Core Projects : curated projects supporting wellbeing and inclusion

Bursary & Partnership Events : support for local creatives and organisations Independent Events : community-led programming added to the official schedule

From L to R : FOD Fringe Manifesto Flyer, Cinderford Gather, Round Tables, Seconds? A Sharing. (Photos: Jenny Cashmore, Drabble & Co)

Core Projects:

Queer Nature Cabaret FOD Fringe 25 (Photo: Drabble &

Co)

Bursary & Partnership Events (selected events)

Pop Up /Light Touch Workshops delivered across the year:

We were funded by the Arts Council to deliver light touch workshops that encourage participants to cross the threshold into experiencing art and culture. These were a combination of our roaming creative hub the Wyldwood Wagon and pop-up workshops.

Colours of the Forest - pop up nail bar offering nail polishes colours that reflect aspects of the area.

Steam Mills Equinox - land, culture, access to growing/public space Selfie Station NG200 - identity / coming together / new landscapes

Pompom making at Newent Community Kitchen Recording our Manifesto in Coleford Town Centre Community Decor with Candi Cinderford

Access and Inclusion

Led by Sarah Wyatt, our access work has forged stronger, more meaningful relationships across communities. Collaborating with organisations such as Forest Sensory Services, Orchard Trust, Inclusion Gloucestershire, Two Rivers Housing, and the Forest of Dean District Council, Sarah has taken a community-rooted approach - meeting people in everyday spaces and creating tangible outcomes.

The What’s On Wagon exemplifies this ethos, taking resources into the community and supporting digital skills through FVAF Digi Hub pop-ups in Cinderford, Coleford, and Sedbury, with more planned in 2025/26.

We have deepened connections with neurodiverse, disabled, and learning-disabled communities through co-created projects like Zine Club and Discover Drama. We also piloted the Gather model with Orchard Trust to reduce isolation among marginalised groups. At our Autumn Equinox celebration, we welcomed newly arrived Romanian families, providing translation and a culturally inclusive experience.

To tackle barriers, we supported transport to events, introduced Access Riders to help artists communicate needs, and strengthened practice through inclusive marketing, accessible communication training, and partnerships with organisations such as Voices Gloucester and Let’s Talk Race VSC. Our involvement in the Disability Climate Action Group ensures inclusion is at the heart of climate-focused action.

To add in:

What’s On FOD , our user generated listings site www.whatsonfod.co.uk has been running for two years and has become an established port for what is on in the Forest of Dean. It has listed 819 events and attracted 14K users since its launch with on average 620 hits per month. This year we worked with a web developer to refine the usage of What's on FOD, to be more user friendly and accessible. This is a work in progress and whilst there is more to do, during our DigiHub pop-ups it became clear that it is much easier to navigate for those searching what's on. We have been exploring options to expand usage and impact of the site. We joined the steering group for the Cultural Strategy for the Forest of Dean and discussed expanding the site to include a calendar of cultural events and potentially handed over to the FoDDC to run.

What’s On FOD

Engagement Figures Annual Summary

Total engagement across all activity: 14,988 (participants + audience)

Project/Event Participants Audience/Visitors Volunteers
What’s On FOD 450 7461 -
Ideas Labs 32 - -
NG200 workshops 250
Artist Support 1-to-1s 7 - -
Peer 30 - -
Support/Networking
Digi Pop Ups 81 - -
Light Touch Workshops 18 - -
Wagon Popups (multiple)
~180		 - 2
FOD Fringe + FLOW + 967 5512 53
post party
TOTAL 2,015 12,973 55

Staff team: We had a significant staff change when Company Producer Lucy Ellis-Howell left the organisation in December, Katie Henry stepped in as interim company producer until June 2025. Jenny Cashmore was recruited as Programme Producer in August 2024 and works alongside Sarah Wyatt as Access and Community Lead. Lia Morgan was Marketing Officer. We employed Aimee Blease-Bourne as FOD Fringe Coordinator to deliver the FOD Fringe alongside core staff.

Paid Opportunities

We employed 37 associate artists and producers, and 40+ creatives, performers and technical staff directly linked to our core events.

Our numerous partnerships and bursaries further supported local voluntary organisations, businesses and creative people within the Forest of Dean to participate within our wider work - as people we work with and people in receipt of bursaries.

Finances & Funders

Wyldwood Arts was funded by The Barnwood Trust, National Lottery Community Fund, Arts Council, Gloucester Community Fund and we fundraised £1300 from the Big Give campaign.

2023/24

Income £162,987

Expenditure £146,742 Total Reserves £ 39,190 Unrestricted Reserves: £ 24,019 Restricted funds carried forward: £ 15,171

2024/25

Income £ 136,148.44 Expenditure £ 146,461.89

Total Reserves £ 39,373 (TBC) Unrestricted Reserves: £ 24,202.32 (TBC) Restricted funds carried forward: £ 15,171 (TBC)

Charity Registration Number: 1189046

Wyldwood Arts CIO Unaudited Financial Statements 31 March 2025

CURRENT ACCOUNTANCY LIMITED

19a Singleton Court Business Park Wonastow Road Industrial Estate (West) Monmouth NP25 5JA

Wyldwood Arts CIO Financial Statements Year Ended 31 March 2025

Page
Trustees’ annual report 1
Independent examiner's report to the trustees 2
Statement of financial activities (including income and expenditure 3
account)
Statement of financial position 4
Statement of cash flows 5
Notes to the financial statements 6-13

Wyldwood Arts CIO Trustees’ Annual Report (Incorporating the Directors' Report) Year Ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name Wyldwood ArtsCIO
Charity registration number 1189046
Principal office and registered office Belle Vue Centre
St. Annals House
6 Belle Vue Road
Cinderford
Gloucestershire
GL14 2AB
The trustees R Chapman
T Allison
J C Moran
D J Cook
K J Gueye (appointed 22.01.2025)
J E Dale (appointed 26.03.2025)
Independent examiner Current Accountancy Ltd
19a Singleton Court Business Park
Wonastow Road Industrial Estate (West)
Monmouth
NP25 5JA

Strategic report

The Trustees' Annual Report is appended as a separate document using the Charity Commission template.

5/12/25

The trustees’ annual report were approved on ….............................................. and signed on behalf of the board of trustees by:

R Chapman Trustee

1

Wyldwood Arts CIO Independent Examiner's Report to the Trustees of Wyldwood Arts CIO Year Ended 31 March 2025

I report to the trustees on my examination of the financial statements of Wyldwood Arts CIO ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (’the Act’).

I report in respect of my examination of the CIO's accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept as required by section 130 of the Act; or

  2. The accounts do not accord with those records.

I confirm that there are no matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Hannah Winman MAAT Current Accountancy Limited

Independent Examiner

19a Singleton Court Business Park Wonastow Road Industrial Estate Monmouth NP25 5JA

31 October 2025

2

Wyldwood Arts CIO

Statement of Financial Activities (including income and expenditure account) Year Ended 31 March 2025

----- Start of picture text -----
2025 2024
Unrestricted Restricted
Note Funds Funds Total Funds Total Funds
£ £ £ £
Income and endowments
Donations, grants and legacies 4 1,358 143,540 144,898 162,987
Income from charitable activities 2,300 - 2,300 1,000
Investment income 5 561 - 561 609
Total income 4,219 143,540 147,759 164,596
Expenditure
Expenditure on charitable activities 7 - 131,804 131,804 140,791
Expenditure on support costs 8 - 5,897 5,897 5,951
-
Total expenditure 137,701 137,701 146,742
Net income and net movement in funds 4,219 5,839 10,058 17,854
Reconciliation of funds
Total funds brought forward 24,019 15,171 39,190 21,336
Transfers between funds 21,010 (21,010) - -
Total funds carried forward 49,248 - 49,248 39,190
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 6 to 13 form part of these financial statements

3

Wyldwood Arts CIO Statement of Financial Position Year Ended 31 March 2025

----- Start of picture text -----
Note 2025 2024
£ £
Fixed assets
Tangible assets 11 862 158
Current assets
Debtors 12 1,144 9,585
Cash at bank and in hand 72,103 55,351
73,247 64,936
Creditors: amounts falling due within one year 13 24,861 25,904
Net current assets 48,386 39,032
Total assets less current liabilities 49,248 39,190
Net assets 49,248 39,190
Funds of the charity
Restricted funds - 15,171
Unrestricted funds 49,248 24,019
Total charity funds 16 49,248 39,190
----- End of picture text -----

For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

5/12/25

These financial statements were approved by the board of trustees and authorised for issue on.....................and are signed on behalf of the board by:

R Chapman

Trustee

The notes on pages 6 to 13 form part of these financial statements.

4

Wyldwood Arts CIO Statement of Cash Flows Year Ended 31 March 2025

----- Start of picture text -----
2025 2024
£ £
Cash flows from operating activities
Net income / (expenditure) 10,058 17,854
Adjustments for:
Other interest receivable and similar income (558) (609)
Depreciation of property, plant and equipment 296 22
Changes in:
Trade and other debtors 8,441 (6,788)
Trade and other creditors (1,043) (43,630)
Net cash from operating activities 17,194 (33,151)
Cash flows from investing activities
Purchases of property, plant and equipment (1,000) (180)
Interest received 558 609
Net cash from operating activities (442) 429
Net increase / (decrease) in cash and cash equivalents 16,752 (32,722)
Cash and cash equivalents at beginning of year 55,351 88,073
Cash and cash equivalents at end of year 72,103 55,351
----- End of picture text -----

The notes on pages 6 to 13 form part of these financial statements.

5

Wyldwood Arts CIO Notes to the Financial Statements Year Ended 31 March 2025

1 General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Belle Vue Centre, St. Annals House, 6 Belle Vue Road, Cinderford, Gloucestershire, GL14 2AB.

2 Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 Charities Act 2011.

3 Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life:-

Office equipment - 25% straight line

Equipment - 25% reducing balance

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

6

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2024

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Government grants

Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the Statement of Financial Activities in the same period as the related expenditue. The deferred element of grants is included in creditors as deferred income.

7

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

3 Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

8

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

----- Start of picture text -----
|||||| |---|---|---|---|---| |4|Donations, grants and legacies| |Unrestricted|Restricted| |Funds|Funds|Total 2025|Total 2024| |£|£|£|£| |Grants| |-| |Arts Council England|45,945|45,945|28,830| |Coleford Town Council|-|-|-|1,295| |-| |The National Lottery Community Fund|62,880|62,880|73,009| |Garfield Weston|-|-|-|10,000| |-|-|-| |Forest Voluntary Action Forum|2,320| |-|-|-| |Digital Innovation Fund|16,210| |-|-|-| |Ashley Family Foundation|3,447| |-|-|-| |Gloucester County Council|3,446| |-| |Gloucestershire Community Fund|5,000|5,000|5,000| |The Barnwood Trust|-|29,715|29,715|12,320| |-|-|-| |Other grants|7,105| |Donations| |Miscelleneous donations|1,358|-|1,358|5| |1,358|143,540|144,898|162,987| |5|Investment income| |Unrestricted|Restricted| |Funds|Funds|Total 2025|Total 2024| |£|£|£|£| |Bank interest receivable|558|-|558|579| |Other interest receivable|-|-|-|26| |Cashback receivable|3|-|3|4| |561|-|561|609|

----- End of picture text -----

6 Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

----- Start of picture text -----
||||| |---|---|---|---| |Unrestricted|Restricted| |Funds|Funds|Total 2025|Total 2024| |£|£|£|£| |Depreciation|295|- 295|22|

----- End of picture text -----

9

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

7 Expenditure on charitable activities by fund type

Unrestricted
Funds
Restricted
Funds
Total 2025
£
£
£
Charitable activities
-
131,804 131,804
Support costs
-
5,897 5,897
-
137,701
137,701
8
Analysis of support costs
Unrestricted
Funds
Restricted
Funds
Total 2025
£
£
£
Communications, IT and general office
-
2,521 2,521
Governance costs
-
3,376 3,376
-
5,897
5,897
9
Independent examination fees
2025
£
Fees payable to the independent examiner for:
Independent examination of the financial statements
240
Other fees
3,136
3,376
10
Employment costs and defined contribution pension scheme
During the period the charity had 2 employees (2024 - 1).
The trustees of the charity are not remunerated for their services.
2025
£
Salaries and wages
31,808
Pension costs (defined contribution scheme)
454
Statutory maternity pay reclaimed and NIC compensation
-
32,262		 Total 2024
£
140,791
5,951
146,742
Total 2024
£
3,842
3,973
7,815
2024
£
240
3,733
3,973
2024
£
8,500
68
(5,564)
3,004

10

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

----- Start of picture text -----
Office
11 Tangible fixed assets Equipment Equipment Total
£ £ £
Cost
At 1 April 2024 180 - 180
Additions - 1,000 1,000
At 31 March 2025 180 1,000 1,180
Depreciation
At 1 April 2024 22 - 22
Charge for year 46 250 296
At 31 March 2025 68 250 318
Net book value
At 31 March 2025 112 750 862
At 31 March 2024 158 - 158
12 Debtors
2025 2024
£ £
Accrued income and prepayments 1,144 4,014
Other debtors - 5,571
1,144 9,585
13 Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 2,942 3,364
Accruals and deferred income 21,559 22,531
Social security and other taxes 238 -
Pensions payable 122 -
Other creditors - 9
24,861 25,904
----- End of picture text -----

11

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

14 Deferred income

At 1 April 2024
Amount released to income
Amount deferred in year
At 31 March 2025		 2025
£
14,426
(14,426)
17,805
17,805		 2024
£
68,574
(68,574)
14,426
14,426

15 Analysis of charitable funds

Unrestricted funds
General funds
Designated funds
Restricted funds
Restricted funds		 At 1 April
2024
Income
Expenditure
Transfers
At 31 March
2025
£
£
£
£
£
8,267
4,219
-
21,365
33,851
15,752
-
-
(355)
15,397
15,171
143,540
(137,701)
(21,010)
-
39,190
147,759
(137,701)
-
49,248

16 Comparative analysis of charitable funds

Unrestricted funds
General funds
Designated funds
Restricted funds
Restricted funds		 At 1 April
2023
Income
Expenditure
Transfers
At 31 March
2024
£
£
£
£
£
4,954
15,614
(16,168)
3,867
8,267
15,554
-
-
198
15,752
828
148,982
(130,574)
(4,065)
15,171
21,336
164,596
(146,742)
-
39,190

12

Wyldwood Arts CIO Notes to the Financial Statements (continued) Year Ended 31 March 2025

17 Analysis of net assets between funds

£
£
£
Fixed assets
862
-
862
Current assets
55,442
17,805
73,247
Creditors less than 1 year
(7,056)
(17,805)
(24,861)
Net assets
49,248
-
49,248
Comparative analysis of net assets between funds
£
£
£
Fixed assets
158
-
158
Current assets
28,975
35,961
64,936
Creditors less than 1 year
(5,114)
(20,790)
(25,904)
Net assets
24,019
15,171
39,190
Total Funds
2024
Unrestricted
Funds
Restricted
Funds
Total Funds
2025
Unrestricted
Funds
Restricted
Funds		 £
158
64,936
(25,904)
39,190
£
-
90,870
(69,534)
21,336
Total Funds
2023
Total Funds
2024

18 Comparative analysis of net assets between funds

13

Wyldwood Arts CIO Detailed Statement of Financial Activities Year Ended 31 March 2025

This page does not form part of the statutory financial statements

Income and endowments
Donations, grants and legacies
Income from charitable activities
Investment income
Total income
Expenditure
Expenditure on charitable activities
Direct expenses
Direct wages
Direct wages to freelancers
Room and venue hire
Administrative wages
Employers pension costs
Statutory maternity pay reclaimed and NIC compensation
Advertising and marketing
Travel expenses
Staff and freelancer wellbeing costs
Storage
General expenses
Training costs
Insurance
Bank charges
Interest payable on overdue taxes
Charitable donations
Depreciation
Expenditure on support costs
Printing, postage and stationery
IT software, consumables and website expenses
Telephone and subscriptions
Accountancy fees
Total expenditure
Net income		 2025
£
144,898
2,300
561
147,759
12,342
21,425
75,594
2,848
10,383
454
-
1,801
2,557
90
120
225
3,027
604
36
3
-
295
22
2,024
475
3,376
137,701
10,058		 2024
£
162,987
1,000
609
164,596
6,999
-
123,180
1,462
8,500
68
(5,564)
1,356
1,360
486
-
460
-
503
70
-
25
22
1,335
1,864
643
3,973
146,742
17,854

Current Accountancy Ltd 19a Singleton Court Monmouth NP255 info@ca-ltd.co.uk 01594 800624 07803 065035

Additional notes from the independent examination of the financial statements dated 31 March 2025.

On completion of the independent examination, I would like to make the following disclosures to the Trustees of Wyldwood Arts. I do not deem these a matter of concern that should be reported to The Charity Commission.

Disclosures

Recommendations

The following points are offered for the Trustees’ consideration. These are advisory in nature and do not require reporting to the Charity Commission.

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