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 Organi￿tIOnS 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