Company number: 11633729 Charity number: 1189387 Create Sheffield Annual Report and Unaudited Financial Statements for the year ended 31 March 2025
Create Sheffield Contents Page Legal and administrative information Trustees, annual report Independent Examinerfs report Statement of financial activities Balance Sheet io Notes to the financial statements 11-15
Create Sheffleld Legal and administrative information forthe year ended 31 March 2025 The Board of Trustee5 Stephen Betts Patricia Cochrane Paul Duffus Matthew Goodland Rehneesa Inez Edward Mackay lan Naylor Chekere William Alexandra Woodall Gordon Young Appointed 2810112025 Appointed 2810112025 Appointed 2810112025 Key management and Company Secretary Programme Manager Laura Travis Management accountant Samantha Dunker Company secretary from 11 july 2024 Company secretary until 11 July 2024 Registered office Clo Learn Sheffield Suite 6 Albion House Savile Street Sheffield 54 7UD Company Number 11633729 Charity number 1189387 Accountants Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH
Create Sheffleld Trustees, annual report forthe year ended 31 March 2025 The trustees are pleased to present their annual directors, report together with the financial statements of the charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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 1021 issued in October 2019. Structure, Governance and Management Create Sheffield is a company limited by guarantee governed by its Articles of Association registered in England and Wales. The company adopted wholly charitable Articles of Association with effect from 26 November 2019 and was recognised by HMRC as a charity for tax purposes with effect from that date. The company became re8lStered with the Charity Commission in England and Wales on 6 May 2020. The Trustees also act as Directors for the purposes of company law and hold no share capital. There are currently 7 members and the liability of each in the event of a winding-up is £1. The entity is now governed by a Board of ten Trustees following the recruitment of three new trustees during the period. Our Sheffield City Council observer is now Sarah Sharpe, Service Manager Culture although this may be reviewed in the future as roles change at SCC. Objertlves and artlvities Create Sheffield is Sheffield's Local Cultural Education Partnership ILCEPI. Create Sheffield aims to engage all children and young people across Sheffield with the arts and cultural industries, working to remove barriers to engagement where they exist. We work strategically with a range of organisations and are here to facilitate and celebrate young people's participation in arts and culture. In shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, includinE the Euidance 'public benefit- running a charity IPB21'. The charity's vision is for "All children and young people in Sheffield to have the some access to creative expression, no mutter their bockground."
Create Sheffleld Trustees, annual report- continued forthe year ended 31 March 2025 Achievements and Performance In the year from April 1, 2024 to March 31, 2025, Create Sheffield focused on embedding new working practices, establishing strategic direction, and engaging with partners after several years of significant change. The organisation worked to balance internal development with outward-facinE activities in collaboration with its partners. Business and Fundraisin Strate Develo ment In November we received Cultural Pipeline Funding ICPFI from Sheffield City Council that allowed us to focus on our aims and objectives, engage our board more effectivelyi deepen partnerships, and have meaningful dialogues with current and prospective funders. Using the CPF, we collaborated intensively with a consultant, Mathew Russell, to develop a comprehensive business and fundraising strategy. In recent years, the organisation has undergone substantial changes at both the board and staff levels. Working with an external expert has enabled us to dedicate time and space to thoughtfully consider our future. As a partnership organisation, this process allowed us to facilitate a wide range of interviews and consultations with our partners, stakeholders, and potential funders. The resulting business and fundraising strategy reflects the insights gained from our conversations. Developing this comprehensive plan enabled us to engage our funders and secure three years of fundinE from several organisations, and we are continuing conversations with others. Having this multi-year funding secured will allow us to focus on building relationships, making connections, and further embedding our work in the city to benefit all children and young people. The strategy also identifies additional potential funding sources as part of our future plans. Activatin Sheffield Culture for Children and Youn Peo le Event In March 2025, we collaborated with the Culture Sheffield team to curate an event to help launch the city's new culture strategy and how it relates to children and young people's lives. The event, attended by over 100 people, featured performances, panel discussions, and networking opportunities. The Culture Sheffield team both funded the event and commissioned a freelance Event Producer who assisted in the curation process and helped attract a diverse audience. The event was well-received and effectively highlighted the importance of arts and culture for children and young people across Sheffield. It underscored the value of bringing together stakeholders from different sectors to network, share information, and explore collaborative opportunities a core function of Create Sheffield within the city's cultural ecosystem. Future events need to directly engage children and young people, listen to their perspectives, and incorporate their input when developing cultural initiatives.
Create Sheffleld Trustees, annual report- continued forthe year ended 31 March 2025 Achievements and Performance (continued) Teacher Professional Develo ment ro ramme 'Know our Place, Throughout the year, we collaborated with Historic England, Sheffield Museums, Sheffield Manor Lodge, the National Emergenry Services Museum, and Wessex Archaeology to host a series of training sessions for primary school teachers from approximately 20 local schools. The teachers toured various heritage sites across the city. including an exclusive visit to the ongoing Castlegate excavations, to better understand what is significant to their students. One teacher used some of the resources and told us It was one of those lessons you actually wanted to be observed on. The mops were (J genius tool. The conversations the children hod made this one of the most enriching teaching experiences this year. The children took the conversations, ran with them ond explored themselves. ortin Care-Ex erienced Families- Green Gardens Our Green Gardens project delved into the realities of life in care through the eyes of young people, workers. families, and friends living in Sheffield. The project was initiated in response to the 'Art Creativit Culture - Sheffield's Children and Youn Peo le S eak Out" report to amplify the voices of this seldom-heard group. Working in partnership with the Virtual School, Create Sheffield provided opportunities for care-experienced youth to engage in various artistic pursuits - from painting and singing to drawing and Djing, culminating in an exhibition at Millennium Gallery. Creative Careers November saw us work with partners to organise events for Discover Creative Careers Week 2024 including the inaugural Sheffield Creative Industries Showcase. Over 100 young people and 35 creative professionals braved the icy conditions to meet and talk about different jobs, different pathways and different creative options. The young people told us Absolutely lovely event, loved meeting (yll these new people (yndfelt innovoted (ynd inspired by their stories Brilliunt atmosphere And a teacher commented that To be honest, l actually came backfrom the event and told the Head ofArt it wos one of the best everjts I'd ever t(Jken students out of schoolforll I'm not even sure I've got any suggestions as to how the event could hove run ony better.
Create Sheffleld Trustees, annual report- continued forthe year ended 31 March 2025 Achievements and Performance (continued) Sector Su ort Activities Create Sheffield has provided support, advice, and training to those working with children and young people, including teachers, artists, creatives, and community youth service providers. The goal has been to enhance the efficiency and effectiveness of services for young people. We have also worked to foster collaboration among organisations and individuals. This has created opportunities for sharing knowledge and understanding each other's needs, ultimately improving the quality of offerinES for children and young people. Feedback demonstrates that these efforts have made a positive difference in how the sector operates. The support provided helps those working directly with young people create more opportunities to ensure that every child or young person in the city has equitable access to creative expression, no matter their background. Future Plans Core Sector Su ort In October 2024, Sheffield launched its new Culture Strategy, with Create Sheffield playing an integral role in driving the strategy forward into action. We will continue to setve as a pivotal hub, improving communication and networking for all individuals across the city who work with children and young people and have an interest in culture. Collaborating closely with our board and partners, both locally and regionally, we will work to secure additional funding to ensure the organisation's long-term sustainability enabling us to fulfil our ambitious mission. Pro ect Work We are currently pursuing funding to implement our strategic initiatives, including a project to establish a collective, city-wide platform for children and young people to influence cultural programming in Sheffield. To ensure the success of this city-wide endeavor, we are collaborating with partners durinE the development stage of the funding proposal. Recent studies reveal that arts and creativity are being marginalised within the school timetables, despite their continued inclusion. As we look forward to the 2025 curriculum review, our sector recognises the need for stronger collaboration with Sheffield schools. We will develop pilot projects that advocate more effectively for the value of cultural education across the city's schools.
Create Sheffleld Trustees, annual report- continued forthe year ended 31 March 2025 Flnanclal Review In 2024-25, the charity continues to attract a significant amount of its funding from its members, this makes up 43% of overall income and allows the charity to promote the importance of arts and culture for young people across Sheffield. This has been supplemented by a small grant from Sheffield City Council as part of the Cultural Pipeline fund to enable work to go ahead within the charity to build a sustainable business and fundraising Strategy for future Erowth. There has also been funding support from Historic England and Sheffield City Council to support specific projects and events. Reserves The general running costs of the charity remain consistent with previous years, and this ensures that unrestricted reserves are maintained at a level supportive of the charities aim to maintain funds as working capital to a level that represents at least 3 months of running costs Icalculated at £13,6WI. Maintaining this level of reserves aids cash flow and would provide for an orderly wind down in the event of an unexpected reduction in funding. The charity is currently exceeding this aim while continuing to be mindful of the future challenge5 that one-off funding provides to sustainability. Whilst member funding has been secured to fund the day to day runninE of the organisation beyond this financial year, the Trustees and staff team continue to seek new funding opportunities beyond its members. At the end of the current financial year the level of free reserves is £35,80612024= £38,722). Trustees, responsibilities in relation to the financial statements The charity trustees (who are also the directors of the charity for the purposes of company lawl are responsible for preparing a Trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have been prepared in accordance with the provisions in the Companies Art 2CX)6 relating to small companies. Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the Eroup and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently,. Observe the methods and principles in the Charities SORP,. Make judgements and estimates that are reasonable and prudent,. State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
Create Sheffleld Trustees, annual report- continued forthe year ended 31 March 2025 Trustees, responsibilities in relation to the financial statements (continued) The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Small company provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. For the financial year ended 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The trustees declare that they have approved the trustees, report above on 22 July 2025 Signed on behalf of the trustees: 2J Cool P Cochrane Trustee
Independent examinerfs report to the dlrertors of Create Sheffield ('the Companrfl I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of Your charity's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; 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 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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 accounts to be reached. Signed: Susan Cochrane, FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH Date: 04 Aug 2025
Create Sheffield Statement of financlal actlvltles Ilncorporatlng the Income and expendlture accountl For the year ended 31 March 2025 Unrestricted Restricted funds fvnds Total Unrestricted Restricted 2025 funds funds Total 2024 Notes Income from: Grants and donations 30,010 32,718 62,728 38,804 38,804 Charitable activitie5 7,440 14,667 16,000 30,667 Total income 37,450 32,718 70,168 53,471 16,( 69,471 Expendlture on: Charitable activities 48,980 35,963 84,943 29,971 73,637 103,608 Total expenditure 48,980 35,963 84,943 29,971 73,637 103,608 Net incomellexpenditurel 111,5301 13,2451 114,7751 23,500 157,6371 134,1371 Transfers between funds 12 8,929 18,9291 1,675 11,6751 Net movement In funds 12.6011 112.1741 114,7751 25,175 159.3121 134.1371 Total funds brought forward 38,722 15,174 53,896 13,547 74,486 88,033 Total funds carried forward 36,121 39,121 38,722 15,174 53,896
Create Sheffield Balante sheet As at 31 March 2025 Notes 2025 2024 Flxed Ass$ Tangible Assets 315 Current assets Debtors Cash at bank and in hand Total current assets 964 39.373 40.337 5.751 49.770 55.521 Creditors.. amounts falling due within one year io 11,5311 11,6251 Net current as5et5 38,806 53,896 Total assets less current liabilities 39,121 53,896 Creditors.. amounts falling due after more than one year T¢xal net assets 39,121 53,896 Funds of the Charity Gener31 funds Designated funds Total unrestricted funds Restricted income funcjs 36,121 38,722 36,121 3,000 38,722 15,174 12 Total funds 13 39,121 53,896 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Att 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director's acknowledge their responsibilities for complying with the requirement5 of the Act with respect to accounting records and forthe preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to cornpanie5 subject to small cornpanie5' re8iffle. Approved by the board on 22 July 2025 and signed on their behalf by.. }) COJ P Cochrane Trustee io
Create Sheffield Notesto the Accounts For the year ended 31 March 2025 l Accounting Policies a Basls of preparatlon Create Sheffield is a charitable company in the United Kingdom limited by guarantee. In the event that the charity is wound up the liability in respect of the Eurantee 15 limited to £1 per member of the ch4rity. The address of the registered office is given in the companv information on page l of these finincial 5tstements. Thè finantia1 statements have beèn prepared in 3£tordante with the Ststement of RetommÈndÈd Practice.. Actounting and Rèporting by Charlties preparing their accounts in accordance the Financial Reportlng Standard applicable In the UK and Republic of Ireland IFRS 1021 (second edition), the Financial Reporting Standard applicable In the United Kingdom and Republic of Ireland IFR51021 and with the Charities Act 2011. The financial statements h4ve taken advantage of the exemption to prepare a Statement of Qsh Flows. The charity meets the definition of a public benefit entity under FRS 102. The financial Statements are prepared under the historical cost onvention with item5 recognised at C05t or transaction value unless otherwise 5t3ted in the relevant notel51 to the account5. The financial statements are presented in 5teding whiih 15 the functional iurrency of the charity and are rounded to the nearest £. b Income Income is recoEnised in the SOFA when the charity h85 entitlement to the funds. any performance conditions attached to the monies h4ve been met, the receipt of the income is probHble and its amount can be reliably melsured. Donation5 include receipt of membership 5ub5cription5 by member organigation5 where these are, in substance, donations rather than paytnÈnt for gtrods or servicÉ5, and grants of a genÈral, non-contrattual nature providÈd by government and charitable found8tion5. Income from othÈr trading attiwties includes incomÈ from sponsorships which cannot be considÈred pure donations and is togniSed when a legal entltlement exists. c Expenditure and liabilities Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it 15 probHble that settlement will be required and the amount of the obligation can be measured reliably. Support costs intludÈ tentral funttions and ¥ovem3nte costs. Irrecoverable VAT is charged as a cost aEainst the 4ctivity for which the expenditure was incurred. d Tanglble flxed assets Tangible fixed assets are capitalisÈd at cost and depreciatÈd on a straight-line basis overtheir estimat useful livÈs as follows'.- Equipment 3 years The Eain or1055 on the disposal of on a55et 15 determined a5 the difference between the sale proceeds and the c8rrying value of the 355et, nd is credited or char8ed to the income Statement. e Financial instruments As per the definition of FRS 102, the charity makes use of only basic financial instruments which are Initially recognised at transaction value and subsequently measured at settlement value. Financial instrument5 held by the entity comprise debtors, creditor5 and cash. f Fund accountlnE UnrÉstrirted funds arÈ donations and other incoming resources receivablÈ or gÈnerated for the objetts of the charity without further specified purpose and are available as general funds. Oesignated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set èside to use for a specific purpose. Restricted fund5 are to be used for specific purposes as laid down by the donor. g Tax The charity 15 exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or sertion 252 of the Taxation of Chargeable Gains Att 1992 to thÈ extÈnt that these are applied ttr its charitable objècts. h Pensions Create Sheffield's Pension Scheme is run by NEST. It Is a defined contribution scheme, open to all employees, and meets the requirements of 3uto-enrolment. The employer contributions are recognised in expenditure for the year, 3nd there 3re no li3bilitie5 resulting from the siheme. li
Create Sheffield Notesto the Accounts- tontlnued For the year ended 31 March 2025 l Accounting Policies- continued Going concert) These financial Statements have been prepared on the going concern basis. In making this a55essrnent, the chariws Tru5tee5 have considered all availablÈ information about the future for èt least, but not limited to, 12 months from the date the financial statements are approved. There are no material uncertainties re8ardin8 the charitws ability to continue. SiEnificant judgements and estimations The Tru5tee5 have given consideration to the signifitant jud8etnents and estimates made in tompiling thè financial statemènts. The Trustees do not consider estimates or judgements made to be material to the financial statements. Accruals are made when 8Ctlvity hès occurred for which a cash outflow is expected, but for which no invoice has been received. Estimates are based on prior experience and knowledge. 2 Income from grant5 and donation5 Unrestrfjcted Restrlcted funds funds Total Unrestricted 2025 fund5 Restricted fund5 Total 2024 Membership subsiription5 Grants.. Sheffield City Council Historlc En8lènd Other donations 30,000 30,WO 28,500 28,500 27.718 5,000 27,718 5,000 io io 10,304 10,304 30,010 32,718 62,7Z8 38,804 38,804 As subscribing Member OrganitIOnS do not receive any goods or serwces In return for their subscription payment which are not also avail4ble to non-sub5cribing Member org8nis4tion5. there is no contractU31 obligation for payment to be made, and no performanctrrelated ondition5 attsched to the pHyment, the 5ub5cription payment 15, in 5ub5tance, a donation to the charity. 3 Inwme from rharitable artivities Unrestrfjtted Restrlcted fund5 funds Total Unrestricted 2025 fund5 Restricted fund5 Total 2024 Partnership Investment 8rant from'we Are IVE, Other 16,000 16,000 14,667 7,440 7,440 14,667 7,440 7,440 14,667 16,000 30,667 4 Expenditure on charitable activitie5 Unrestrfjtted Restrided fund5 funds Total Unrestricted 2025 fund5 Restricted fund5 Total 2024 Note DirÈct project costs staff costs Financial/ Strategic leadership 5UPPQrt Payroll processing ITICommunications costs General office Costs Insurance Other personnel costs Oepreciation Accountancy cost5 Independent examinatlon Legal fees Board meeting tosts 2,485 35,465 6,783 223 1,850 482 772 233 39 27,182 7,903 29,667 43,368 6,783 223 1,940 670 772 233 39 43,284 26,622 2,499 43,284 41,518 10,557 216 5,768 224 766 155 14,896 8,058 216 4,588 179 766 155 90 188 1,180 45 150 630 137 196 150 630 137 203 648 648 600 600 48.980 84.943 29,971 73,637 103,608 12
Create Sheffield Notesto the Accounts- tontlnued For the year ended 31 March 2025 S Fees to independent examiner's organisalion 2025 2024 Fee for independent examination 648 630 No otherfees were pay3ble to the independent examiner's organisation. 6 Analysis of Staff costs, trustee remuneratlon and expenses, and the cost of key management personnel 2025 2024 42,475 3,319 13,3191 893 40,679 3,072 13,0721 839 Employer's National In5ur4nce EmployÈr's allowante Pension costs 43,368 41,518 No employeÈ recèiv Èmolun)ènts of morÈ than £60,000. The average number of ÈmployÈes during the period was 212024.. 21. The charity trustees were not paid or rÈceivÈd any other direct benÈfits from Èmployment with the charity in thÈ year12024.. £nill. No trustees were reimbursed expenses during the year12024'. £nill. No trustees received payment for professional or other services supplied to Rerlluneration for the key mHnageYnent personnel role of Programme Manager wa5 £29,233 including employer pension contributions and employer5, Nl12024.. £27,152 frotn etnploymentl and £nil for freelanie work separate to contrait5 of etnployment12024.. £20.0731. Other key management and indirett trustee remuneration is noted in note 7 below. 7 Related party transaction5 The charity enjoys c105e working relationships with its member organi5ations, in particular with Learn Sheffield, a not for profit limited bv guarantee. Stephen Bett5, trustee, 15 Chief Executive of Learn Sheffield. During the year, member organi5ation5 Wlth nominated or shared Director5nrustees lincluding virtue of employment) collectively donated £2s,oI2024.. £30.5001. This Intludès agrÈÈd matched funding which has beÈn rÈstrittd. Learn Sheffield donated £15,00012024.. £17,500]. In addition, Learn Sheffield has tontratted Create Sheffield to dÈliver servitÈs, of which £nil was earned towards service delivery in the ¥ear12024'. £6,667). A contribution of £6,782 was mède to Learn Sheffield during the year for prowsion of Financiall 5trate8ic leadership support 12024.. £10,557 for Financiall Strategic leadership support). This was a contribution towards financial support Iprovided by key management of the management accountant and their team) 8nd strategic le3der5hip provided by Stephen Bett5 ,CEO of Leèm Shetrielcl and trustee of the Iharity. There were no outstandlng balances with related parties as at the ye8r end. TherÈ wÈre no other relatÈd party transactions to report in eitherthe turrent or prior rÈporting period. 13
Create Sheffield Notesto the Accounts- tontlnued For the year ended 31 March 2025 8 Tangible Fixed A55et5 Ofllce Equipment Totsl Cost or Valuatlon A5 at l April 2024 Additions 1,598 354 1.598 354 As at 31 March 2025 1.952 1,952 Depreciation As at l April 2024 Charge this period 1,598 39 1,598 39 As at 31 March 2025 1,637 1,637 Net Book Value As at 31 March 2025 315 315 As at 31 March 2024 9 Debtors 2025 2024 Prepayments Other debtors 954 io 751 5,0 964 5,751 10 Creditors- amounts falling due within ome year 2025 2024 Note Trlde creditors Accruals Other creditors 616 1,009 1,377 154 1,531 1,625 11 Income recelved In advance 2025 2024 Note 8rou8ht forward Released in the year Deferred in the year 16,6661 6,666 14
Create Sheffield Notesto the Accounts- tontlnued For the year ended 31 March 2025 12 Restricted fund5 Balance at 01-Apr-24 Balance at Transfers 31-M8r-25 Income Expenditure Partnership Investment Project 15,174 16,2411 112,7181 115,0001 I2,4) 18,9331 12,718 15,000 2,000 3,000 Creative Family Events Prolett Sheffield Heritage Heritage Sthools 3.000 32.718 35.963 8,929 Partnership Investment Project The 'Partner5hip Investment Project, with 'We are IVE, land elements of agreed matched funding) is ring-fenced in a regtricted fund. 'We are IVE. ceased to a Bridge organisation with Arts Countil England at the end of Marth 2023 and the transfer represÉnt5 the ttsh bÈin8 made availèble to match fund other projects as agreed by the funder. Funding provided by Sheffield City Council to develop a strong written Strategy and bu5ine55 plan with guidance from experienced consultants. Creative Farnily Events Projeit A project funded by Sheffield City Council to work with cartrexperienced families across Sheffield to make creative family events in the city more accessible to a wider rHnge of fèmilies Sheffield Heritage Fundingto toordinatè a joinÈd up CPD offerfor teathers to lÈam morÈ èbout SheffiÈld Heritage. Heritage Sihoo15 Fundin8 to support a pro8ramme to ensure all school chlldren develop an understanding of their local heritage and its signlflcance. Prioryeor compttrotive Btslonce ot 01-Apr-23 Bolonce ttt Tronsfers 31-MJr-24 Income Expenditure P¢Trtner5hip inve5tmentprgject TAPproject 72,811 1,675 16,000 173,637) 15,174 11,675) 74,486 16,0(10 73,6371 1,6751 15,174 13 Net assets by fvnd General Designated funds fund5 Restrlcted lunds Total 2025 Tangible asset5 Current assets Creditors due within one year 315 37,337 11,5311 315 40,337 11,5311 3,000 36,121 3,000 39,121 Prior yeor comporotive General Designoted fvnd5 funds Restricted fvnd5 Ttrtol 2024 Tongible assets Currenr ossets Creditor5 due within one yeJr 40,347 11,625) 25,174 55,521 11,6251 38,722 15,174 15