Cryny number. 11633729
Create Sheffield
Annual Rep(Kt and Unaudlted Flnandal Statements
for the year ended 31 Marth 2024

Contents
Le8al and administratlve Infomi*ion
Twustees. anrmwl report
Independent Examlnerfs Tewrt
Slatement of financial actwities
Balance Sheet
Notes to the financial ￿aternents
10-14

CJeatr Sheffield
tor the year ended 31 2024
Amy Bannister
Slephen Betts
E(Pward Mackay
lan Naylof
James Smythe
Margot Wa*er
Paul Duffus
R(¥er Bateman
Alexandrn Woodall
Patricla Cochrane
Matthew Goodland
ResI￿d 30 April 2023
Resjned 8 June 2023
Re518ned 31 March 2024
Re$w￿d 14 ¥ember 2023
Appointed 8 June 2023
Pioyamme Manager
Laura Travls (from Marth 2023)
Management acC￿ntartt Samantha [￿fiker
Clo Learn sheff￿ld
Sulte 6 Albbon H•)use
Savile Street
Shefflekl
S4 7UD
C4)mpany Number
11633729
Ch*iity number
1189387
Seven Hi115 Accountants Limited
57 Burton Slreet
Sheffield
S6 2HH

for the ￿ar ended 31 Mwth 2024
The trustees are pleased to present their annual dwe(ty5' reixyt t{W￿rWIth ihe financi•l
Statements of the charlty forthe yearend1￿2 31 Marth 2024 whKh are a150 prepared to meet the
requirements for a dlrectors, report and a(rountsfor Companies Art purposes.
The finantial statements tompty wlth the Charities Art 201L the Companies Act 2(K16. the
MemoTrndum and Artth of AssociatM)n. and the charities Statement of Recommended Practice
lappllcable to charttles weparln8 iheir accounts in a[a￿dance with the Financial Report¥￿ Standard
awknble In ihe UK and Rewbllc of Ireland: FRS 1021 tssued In October 2019.
Create Sheffield Is a c(mpany liniied ￿ ￿arantee governed Iy Its Artkles of Awdatlon reBlslered In
En8land and Wales. The company adopted wholly charttable Artlths of ASSOCI￿ with effect from
26 November 2019 and was reC￿nIsed by HMRC as a dmrityfortax purw15e5 wlth effect from that
date. The a)mpany became wlstered with the Charity Commission in E￿land and Wales on 6 Mav
2020. The T￿￿tee$ also art as Directots forthe purp(tses of company law and hohl no share
capltal. There are currentty 7 members and the li•bility of each in the event of a w1ndl￿-uP is £1.
The entity is now govemed by a Board of seven Trustees follwlng the recruitment of one new trustee
and the resi8natk)n of fourtrustees durfng the period. Folkrwir¥ the retlrement of our Sheffiekl aty
Council obseNer we are wailing for thelr ￿placeMent lo start in the role. We plan to recrult new
trustees In 2024. we are looking for truslee5 With lived experlence of faciTra barTiers to WOTkin8 In the
creatfve Indu5tr*s as well as those with senky *Wlerexper￿l￿e in education.
Oble¢llv¢s and acthltles
Create Sheffiekl 15 Sheffiews Local Cultural Educatlon Partnershlp ILCEPI. Create Sheffield alms to
enga8e all children and people acwoss Sheffiekl with the arts and cUl￿ra1 industries. worklng to
rem(Ne barrlers to engagement where thry exist. We work strategicalty with a ran8e of organlsatk>ns
and are here to facilitate and celebrate youry people'5 participation in arts and culture.
In shaplng our obiertives forthe year and Plann1￿ our acti¥itie5. the Trustees have considered the
Charity Commisslon's BUIdan￿ on public benefft. Incklding the guidance'wblic benefft: Tunnlng a
charity IPB21'. The charl￿$ visK*n ts for"Allchildren ond people in Sl￿ff￿ld to have thesome

forthe year ended 31 Marth 2024
The pefknd l Awll 2023- 31 March 2024 has seen conshjerable chan8e at C￿lte Sheffield. Until
March 2023. thate Sheff*ld. like all LCEPS in Yorkshire arnl Humber was supported by the regional
Brfdge oryanlsation. We afe IVE. Ten re8*)nal Brl*e oryanlsatlons had been funded by the Arts
Councl En8land (A￿) to work In a bmkerage fole between schools and arts organlsatk•n slnce 2012.
Thls fundln8 ceased kn Marth 2023. and We Are IVE also k)st A￿ contlnuatic•n fiM)din&
The end of thi5 SUPPOrt from We awt IVE, as well as a in slaff at Create Sheffield, offered the
opportunity to rellect. review ar￿ consult with partners as well as with thildren and YOU￿ people
ross Sheffield. Resldual Income from ACE pioiect grants, as well as matth fundlng from the Virtual
School. allowed pleces of researth into city-wide stMe8k tssues to be commis5￿￿e￿.
The first commi55K)n focused on what people and organisatK)ns would want. and need, fmm a
partnershlp wlth Create Sheffield. ItMJ% of participatin8 partner O￿anIsatIOnS 5aSd tly found the
network helpfvl. Thry experienced better actess to trnininB or inforniatw)n. hryher wblic awareness of
Ihelr work and found that people had more tnth In their or8anbatlon. The researth h18hI￿ted that
partners needed to be from bryond the arts & cultural sector. A5 a result. Create Sheffield have been
rtfvely recrnltlrg partner5 frorn strategic, community and educatlon sector5. By bulldlng a stron8ef.
more connected netrwork of people who work wlth chlldren and youn8 people and are enthuslastlc
alxwt the positive knpact that engagement wilh arts & cuhural have. we are better positioned to
achie¥e Our charltable aims.
A second commtsslon. Creallvlty for All. w•5 researcl￿d lry the Vokn & Infiuenceteam. The team are
all carfrexperlenced young people from Sheffield aThJ are emerglry experts In gatherfng the vokes of
seldom-heard YOU￿ people. The team consulted wlth chIld￿n and youry people In the more
deprlved areas of Sheff*kl abLXrt wh* theythought arts & oJllurÈ was. what It meant to them and
what they would Ilke to see more of In the fvture and where. The reFK)rt, as well as forrnlng the bas15
forihe Create sheffield 5trateBic plan has been used by other provide￿ in the city to inform their
Addltk>nalfy. Create Sheffleld has offered 5upk￿rt. athe. and tTrknirvx for people and oryanlsatlons.
who work wlth chlldren and younE &wle- Includlr* tead*rs. arttsts. creatNes and those working in
community youth ser4ices In ihe dty- to as5iSt with the efficiew and effectiveness of thelr offer for
young people. Create Sheff*ld has worked to Iwing oryanlsatknns t(Wher. to create spaces where
people can leam tcgether with the common goal of leamiTra about each otherfs need5. and to improve
and incr￿se the quality of the offers available to children and young people.

Try￿et$. annual report.tontln￿l
for the year ended 31 M¥th a124
Future Plans
The commissloned research carried out thls year has strtn8thened bellef that every chlhj and
young person in Sheffield deserves the same attess to creative exwession. no mattertheir
background. Create Sheff￿ld'S Strategy and ww)ritie5. for the next year and beyond, are being
redeveloped in line wlth the11Thll￿ of the research. We are dofj￿ thls at a tkne when creatlve
expresslon 15 rapidly di5appeariry from our educatlon estsbl•shments and so the need to flnd dlfferent
ways to ensure equltaL4e acces5 Is 8reater. The Create Sheffiell team are worklr* wlth strateglc
partners to ensure that chlhjren. YOU￿ people and ethcatknn are all firnity embeikled in the ciivs
forthcomi￿& new cultural strate8V.
We are worklng wilh partnefs. In¢k￿Ing Sheffield CAY Council, to submh fundlng appIl￿tIOnS for
various project grants. These proietts wll lund actlvlty in lkne wlth our charltsb* objectb￿S as well as
contribute lo the core costs of funningthe or8anisation. We know that our current funding model 15
not 5ustsinable and are v•orking on a local regional and natlonal level to demonstrate the Importance
of local cultural education partnerships wlth the alm of hav1￿ a more sustshwlJe fvndin8 model ID
Flnanclal Revlew
Throu8h 2023-24 the charlty h•$ Contlnued to on the Arts C￿jncll E￿nd Partnershlp
Investment projects th* It wa5 SUCCtssful In secuth lowards the end of the 2022-23 fi￿nCI•l ye•r.
The charity Iwht a sl8nlknnt restrlrted rese￿ foTh¥ard from the 2022-23 yearto support thls.
Resldual Income was also recetr￿1 In year as Ilnal settlemeni for the Partnershlp Investment projects.
These projects have been used to enable the tharity to dr4ersify with the alm of treatlrlq a sustainable
Model to support the charws ow11￿ work The charity was notified * the start of the perkxl that
there would be no TewbrtI￿ requirements follow1￿ the end of We are IVE. brM*e activitywith the
Arts Councll.
Uniestflrted reserves have increased $18nlfkath dur1￿ the pefiod. This 15 reflection of an inuEa5e In
fvrKlin8 Sources and a conttrwath)n of membef contrilxrtmjns to cowthe day to day runn1￿ costs of
the charlty.
The charitys aim is to maintsin unreStr￿ted funds as wCKkA￿ capltsl to a that represents * least
3 months of runniry costs Icaknlated at £17.(MXII to a*J cash fkvw and pr(Y4ide foran orderty wlnd
down In the event of an U￿ed reduction in fundi

Create Sheffield
farthe y2ar ended 31 Marth 2024
Reserves (contlnued)
The charity is (Jjrrentty exceed1￿ thls alm whlle contInul￿A to be mlndfvl of the future challenge5 that
onfroff fundi￿ pr(wldes to SUStalnablllty. Whllsl meMberfund1￿ has been secured to fund the day to
day runnlng of the organlsatlon beyoThl thls Ilnanclal year. the Tntslees and stsff team contlnue to
seek newfvndln8 OPlX>rtunltles Its membets.
At ihe end ofthe current finandal yearthe Iv4el of fm leserts￿ 15 £38.722121Y23: £13.5471
The charlty truslees (who are also the dlrectors of the chathy for the purposes of company lawl are
responslble for preparing a Trustee￿ annual report and financial ststemerrts In accordance with
applicable law and Unlted Kln8dom AccouffllNd Standards {Unlted ￿ngdoM Generally Atteoed
Account1￿ Practke). The report and accounts hwe been prepared In accordance wlth the provlslons
In the Companles Ac12(Th rel*•￿t0 small companle5.
Company law requlres the charltytntstees to prepare finandal Stateme￿ foi each wrwhkh glve a
true and fair view of the stste of affairs of the dwritsble company and the group and of the incomir
resources and appllc*knn of resources, incWin8 the vKoffle and expenditure. of the chariLible 8fOUP
forih•t perkxl. In prepari￿ the flnancial slatements. thetrustees are requlred to:
Select suitable account1￿ polkles and then apply them cons15tent
Obser¥e the methods and prlndples In the Charltles 50RP:
Makejudgements and estinates that are reasonable and prudent:
State whether applkable UK accounllng stsnd•rds have been folkY*ed, subject to any m•terlal
departures dlsckised and eyplalrthl In the fiThond•l sLitements; and
Prepare the financial statements on the goi￿ concern basls unless It Is Inapwoprlate to
presume that the charity will continue in kwsiness.
The truslees ￿ responsible for keeping adequate accoun11￿ reco￿ th* dlsclose w6th reasonab
accuracy at any time the finandal posltlon of the chaflty and to enable them to ethsure thai the
financial statements compty with the Companies Act 2(K6. They are a150 reswnsiNe for safe8uardlng
the assets of the tharity aThJ the 8n)up and hence takln8 reasonable steps for the prevention and
detection of frnud and other Irregulari￿5.
The tru5tee5 are responsible forthe mairrtenance arrtl Integrlty of the char5ty and financsal infomiatign
induded on the charitvs **bsite in accordance with legislation in the United ￿ngdoM £0vemi￿the
preparation and dissemination of financial staternerrts.

for the year ended 31 2024
Thts report has been prepared in acconlance with the special Pro￿￿)n5 forsmall tompanles under
Part 15 of the Companies Art 21￿.
For the fvmnclal year ended 31 March 2022 the Company was entit￿ to exemptlon from audit under
sertion 477 of the coM￿nieS Art 2(￿ rehtiry to Small compbnies.
The tn￿tee5 declare that they hwe apyry4ed the truste￿ report al￿ on.....
Syed on behall of the trustees:
Name".
Position:

I rewrt lo ihe tharity twstees OD my examination ofthe accounts of the Cornpary for the year ended
31 March 2024.
Respry￿lbIlltles and bxis of ieport
As the tharitrfs trustees of the Company land akn fts directo￿ for the puryK>ses of company law) you
are responsible for the preparatK*n of the accounts in ar£ordance with the requirements of the
Companies Act 21XKp {Ihe 2rJ)6 ALf).
Havlng satisfied myselfthat the act￿nts ofthe Company are not required to be audited urthr Part 16
of the 2￿6 Act and are elwdible for Inde￿ examinatk)D. I rewrt in respect of my examlnation of
your ch•riVs accounts as carr￿d under seclK>n 145 of the Charities Att 20111.the 2011 ACYI. In
carryin8 Out my examhHtion I h￿e fOl￿wed the DlrectM>ns 8wen ￿ the Charlty Cornmbs￿n under
sectlon 145151 (bl of the 2011 Acl.
I have compkned my eX￿1n•t￿)n. I confimi ih•t no matters hwe come to my attentlon In conneclm
w￿h the examlnatlon me cause to bel*¥e".
l. accounting records were not kept in wespect of the Ctxnpanyas wequiwed by sertK>n 386of the 2(X16
2. the accounts do not accord with those records: or
3. the accounts do not compty wlth the accounting requlrements ofsertlon 396 ofthe 2006 Art other
than any requlrement that Ihe accounts ghe a't￿￿ and fairvw whlch ts not a matter consldered
part of an independent examination. or 4. the acc(￿nts have not been prepared In accordance
with the methods and prfnciples of ihe Slalement of Recornrnended Prnrtke for accountln8 and
reportlng try charbtles applicable to charitles preparY* their accounts in accordance wllh the
Flnanclal Reportlry 514nd4rd applkalAe In the UK and RepuNk of Ireknd IFRS 102).
I have no tontorns and have cm across no other matters In connectkn) wlth the examlnatlon to whkh
attention should be drawn in ihis Tew)rt In onler to enable a Fwoper Understandi￿ of the accounts to
be reached.
Susan Cochrane. FCA D(hA
Seven Hll& Acry>unt•nts Llmlted
57 Burton Street
Sheffleld
S62HH
Date:
ioQi

fur*ls
fi￿d$
2023
175(
25NI
42￿0
14.667
￿.667
1667 7YJKO
82,667
T(tsl
5.167
Ch•rTt•ble•thr47b
73.637 103.f
31264
45y7
76111
23JrA p4u7) W53
IL6751
25,175
Totslfur•Js t￿￿tfr*r*I
13y7
74N86
23.644
,033
39.677

Ball￿e$heel
Asat31 IA•vth2•24
T•wble
5.751
49.7X)
5,614
724
Ca5hat bankand kn h3r*l
Cred￿ty$.. amountsf•llrythJe Witt￿ oneyear
IL6251
{143051
5JJ96
cred1￿. 4mountsfaiftythx4fter moreth•n
Trf•l net•sxts
SJ
Ger*fal fuThts
DeW8toJ fuThls
Total unrestrthd fuTh15
Reslwkted IrKome fund5
34722
13,547
34722
11174
13.547
74,486
53
For tre ye•r er#*ni 31 M•r¢h 2024 tr* ctynp•ry er4ithd to e¥en#1¢￿ frThn wltt uTh1er secthin 4T1 olthe Co￿￿￿•¢$ kt 2(
reWryt05m•ll Conw•￿¢%
fortr* Lrflccr￿l&
Apwoved bythe l>xrd on
Prlrt Mnx..
P. Cocrf-Q
Arf

Futhe￿r￿mIQd3l Mwdb2024
Crèate Slthhl is a tharitat4e the Ilh*tÈd thèt the charfly bw¢wr¥J ￿thE f￿1X.￿ly
in respert of ￿ Ruwtee is Imnited to membtr d thE d¥ity. of tr* f*siued oif*¢ $ the cmparty
Chawltles thw ac((*rt kn X¢￿d*￿e stsThlard aptlkable in tr* UK of IrdèTh1 IFRS 1021
(second *thtionk the FIna￿lI1 sI￿d awkable kn thè L￿1￿1 R4x*lk of Irelar*J IFR5W21 and Twlth the
when •1¢8a errtlll¢mrt•lsik
puryw.
io

2023
i?x•)
27.5Tr)
lo.x
3L
.(¥X)
4l5CiI
fvnd5
rth
2023
PartMrsNp 1rh*slTr￿lRTrt Imm We*n Nr
69XW 69AJ)
11667
3,667
3.667
82,fj67
rds
2023
43284
43204
4UI8
16A17
16517
7,4%
Slaff costs
675
Admirlstratb￿ swp
FIna￿layStral* leadusllp
Payroll prLxessinR
J0357
216
s.?
124
766
3A55
17ml
78
216
L6n
1212
G•wal offite costs
Irtsuran
179
781
L175
171
781
L175
116
75
678
Le6al fees
45547
76AII
li

Ftytheyt•r¥¥led YI It¥¢h
2023
Sakiie5
7,322
519
15191
134
3J)72
13A1721
Emptyrfs alk)￿ce
Pen¥on costs
tt* thivbty12023.. &￿1>.
A ccffjlthllon of £10.557 ftmde 10 Learn g*lfiehl I￿r of 5trwic leaderslmp 1202*"

As at i Wl 2023
•t31 2ts24
As at l Arrtd 2023
ch•￿ thls ptrltsj
Al •131 Marth2023
2023
Tr•de debir
751
614
Trade rTrd610rs
616
4￿5
616
lo￿rd
Rde35ed in
16,6661
13J33
1&667)

Pi637)
TAP wojfft
15,174
are NE, t￿se￿ to be a BthJ8e *Jts EWarAI Marth lo￿. the 5haU wem*n showlr¥ as
TAP kwo
72.811
675
547
Tar*Wt Issets
4J347
15.174
S5￿21
IL6251
Credltorsdue wyt
20Z3
27A52
74416 101338
I14.￿51
14