Charity registrabon nuTnbor 1190073 Crmnwy r•gibtratlon numb•r 123v1 IEngL4nd •nd wa$} THE UNE ART WALK ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE LINE ART WALK LEGAL AND AOMINISTRATIVE INFORMATION Gharlty numbèr (England and WakS} 11913 C(vThpany nuwnbvr 12392899 Barty nda ChamtW5 (Treasurer) Siladevi Chawda Hcmard JaKts. Fabll 'Gw} (Aptj 18 Marcth 20241 (Appwtel 23 July 20241 Iw8n [Ap[leY 23 July 20241 Nabi.-I 31 Henry TW[rS Pf Jace% LLthi9 Sc Ser9 Farr Wasr IApwLwJ 23 July 20241 (Apwted 18 klaych 24) Appwby 18 March 20241 Pr¢1paI athJresE Pkp¥81 Press Centre. Here East 14 Easi Bay Lane Lorth E20 3BS 4glstAr•d offic• Third Ro 104-1r Slreel W1J1LP DSG AwJ 43 Ca streei L2 9TL Bank&rs Baday5 Bank rd¢ LE87 2B8
THE LINE ART WALK CONTENTS A from trchair A EsSa[¢ from our CrOU Trus. Tewt 4-10 TtraS rèvw Statoment ofTwsts' r&sS•11 Indèpwdent rwrt 16- 18 ststement offinanu BaiarKe s SiatemBnt OfCa 21 22-39
THE LINE ART WALK A MESSAGE FRChM OUR CHAIR FOR Th7E YEAR ENDED 310ECEMBER 2024 l am delighted to share you aur2024 knnual ReFxxL In 2024 our Purpose lo dwTwalise lowl. 4wNluiMty8rKI drm(wlft)iil in g rgng9 of elweries w". IAye dèkils are Irl the-IhlrIr CfyFouYJ¥- th81 hyluws. but 8t I would like call wi here Megan anu the-.eam sfThe Li del'4weJ 3 rtmter of in the >tar inGU(&r¥ our first CO-coThmissws de¥ek wrth k1 reSets in Newha. tre fi1 of Ra5heed aeer'S SCosaIhg ITry n88rly SW 10 •xpww arf In ¥ ¥wy diif4JWt and aThJ #ur first trxpwierttr 8rl youlh pment pragrAmmes. The ne 0lsL)wred tsf1StErf. EVE Rrfhs&ihfs Liviw Spnry. whlch has Instdled an Line ntÈ 2021. f&iowino aVeryyer1s dalLy) a kjnktum swKMter. Chfists2n Ltt. vve estim that to1 on ThÈ L was 5.5 rndion n 2024. uridÈrfirdrJ its sNC4nt plt iryacL Ltsokry ahea. as enter uurtenth annNer5ary yE?r w 2025. we are excited by the (p125 fofurther devdop The LIDes impxt ID Ea51 11$ w$ilion as an innava'.or ¥nd in lh¥ PLÈA art $P8¢9. Al gslng timg, Ihe ntinUed wesswe 0 furkdry for Ihearts l YAJkl liket0th thank all ofttK)se'Hha h8¢e sJpported our work In 2(Y24 Ihrough donatknns orby hdF and athrt. As The Llne conlknllÈs la w. Éo does its anrLa core cost base and 1115 MnForfanl thatwe to Crease sustaali by deeg axl droerstyro Irwme streams aswell as buiPJ ng our reservgs. you re oftha M8hy po(Wo It walk&lTho Lir cd in of(wrmanyw8k$ orèNnts. twk you In partlar l ¢•¢JuIJ like lo ffgne those the U>.coml>sl0fti briefs frr t# new works In 2024.. Helen carn14¢.$ Qn Katie Schw¥b's a + a fenGe. bal9Ja wl. Wl aspeth Ip Th¢ ¥wrk Al Th8 Line. l arn ID be SUPI by a hswd-MMkiD9 atKI dilpJeDI P4)ard (rfTrUs3 &e last we welcomed a fvdher Ihreelntslee5. Arn32 Charnbet& Thomas Kathx. and Tom P. I vI1d Ike lo eypress my gratitude to Ihe whole &Jard for IhErrAJntinue¢ hdp and Of course, all (rflhe trMtWJ5 llTal will sge sol1 tls rerKwi¢kiThA happsn Withtdear ¥iOn a hu9e gmount of èfffvfrNn Ihè Ta8m alTh& Liry•.tOWWth ourfre¥¥rters and &JAs. tottkgnkth¥m. ThE ye8f. ijh. l rant lo dose slvt r(¥wwitria t¥Ag Woundgr. Mggw) Piper. E¥ly 2025 w8 anrnured that. after 10 year3 a11 Tre Line. Megan 11 step rnKts2025 Ihal she rill be succ88ded ty Sorai Garringion. Deplry Direcic. aftw 3 B03rd knj yocess The B03rd 6 excl by &rah s troughls on developing funher The Line's acbvity Vhisl true to rf5 TKhse HowevEr, l %%aDtw closethis reiry£w by Ihkiny MtyaD feVErything shtr has delivered noi tdy 2024 Du1 LiTr8$ fitsi de¢E by her all Ihe bsst for the futvre. Ili¢h•lo Faul Chair 22 May 2025
THE LINE ART WALK
A MESSAGE FRChM OUR CO-FOUNDER
FOR Th7E YEAR ENDED 310ECEM8ER 2024
IntrodLK11on fvom the tsFound¢rotTh• Une
welCe lo annu4 repNIfrK2024. The ne Artwdk {reteryl to inllM5 rep(xt as The Line) ha5 an importarrt year in
which we he delivered s(wne of ([ trwJ51aTnL¥liJLs and ex-brg I)75 ID date oui eDgagPtTrnI WL¥k ws
conllTru8d Its 8xp8fKI In IKAh ils tx¥adlh d8pth k) al ofwhaivrt) do. Th r8Wrtf8at9S Njhlights from
our Èxhibitson aDd ewagement progranmÈs.
Th8 Line delwers a >1 Dutdoor exhibiknn pr(NJrammBv4here eNwyone can expkye art. Tralure and Irita95 for free. Vve
knus on (x)I(al8 engymevl pro1ts thal andI8aTnW. as as pId1 OPPElrtutMknBs frr y
peCP to develop thlls ar iryrttve effl1..
Thts year rEali5alioD fitEt two C(r)rb5 thalThrye dE¥Ek)LvJ ilh ie5idEDts. 5UPPUrted by NEthm
Counfyl Trinity Buoy wharfT$l. It hai twn 3 proc and lerful to parbcyanis tske
¢wJn8Tship oflh&$& and ie¥ wtl8¢ 8-.011 8vrffitr8ntin Ih8y •XI$I 1 C8mmock S Pl.
On WndT.'des. mrnec tr cornr$ ryovemeniw mgBih)Tr. cwr wnection with waler3 the tran90 3nd
Iransformation places. TIE res11 wk. 5pannvvJ a ra-12 L¥vJgp overtr RiwerL¢a. itrrélly fiEu-abvdy wn%ts
e lo¢sl rse¥pe K81ie S¢aM¥b'$ • ¢iwd- rty. iaurKgW Ir lY #nd is 8 seri olinsi¥i81ion8 Thai help gui10
visllars Stsr Lane statAin lo Coty Dor y%rsal. iwriro peOPt0 knk up and reeroagewrfh Ihelr
surrrAJnoirys.
In aldillon to these Installatns, we werethr tofwiierwrcdlataIKin thp Phasp Z and kn w(¥k lor# group5
and tnembers of the public lu presen". Rash8ed Ata8en s SEmnal wtx% Dj8c0sry. A llet or, Walw Co[elY@ In 1910.
W8s tho fir?1 ihaffjsi. 8g$d 89. had Itn#$ trus nWitali4 ewotalth) ol Y4at8r. fgui8s fft08li
OD dS on thaWaleppK¢k5 Riwer. vAlh the LCdOn Aqllabr Centre as Ihor brOp. wa5 an LntorgettaNe eXpsTwe lor
partciFani$. audierte members. and the peope WI came 8t$ fv rtOM)8ns on a str)11 IhroJgh Queen
Elizabeth aynpic Park. Itserrfed as an le11¥ o-. L% pryer of urExpeGkd encnter$ as ciJlen•rg trE
iKyJndary Ihal 5eparale5 frorn Dfeveryday hfe
v¥È are kqpased lo Thavè ncIled Maht HUSSa'S Please Takè a SÈat inthè (knen 1zabeth Otymrxc park in AQrfl 202&
A Comms¥jI Ihal s IhE cukrmain Df With/ln'KsN8. our iyJfo-yEarco1knaln wflh the National Porftait Gallery and
LO1 COle of FaiOil. that be in yth edlece STMI expk)res representalK)n In
Ihe duital and public rea1TnSthrgh a wTrteTwetar ofa Vicr(¥ian patk befKh a5 a potrdilure The commIss
as been Pner{ElY SLFKthed ty Fredarts F131 ana for Ftsknre Ltndon.
Other regularewagerrnl twarnmes akjw Th8 Line (x)TrtitM to gofrom strength kn $tr8nglh Our learning
program brw3hl hured5 of I1 tr) Thp Lir and yofeSslal dÈvèk)ent ICPDI
workshop5tratwe ¢divered in Ociow 2023 resuted ID 92 learhe% Walk The e- in a d3y.- In February. I'm
ddvJryled Ihal w h3 bEen awarded mu &year fun¢JiTrg I[(Tr Pau Hamlw FouTrJal todewlop our wk ¥Alh ihrge IOLXI
pri¥9 s¢hool$ Ihrough ¥ pro ce Sp8¢8 io5xK4ty¥." PwssK, Crg8kn8
OurvRIlI wak5 to serve those 5e1Pthd. asy11 a5 those ref[ed Ihrcugh GP5 and 50cHI pre5Eribing li
%vorkers. and engagefflet with lacal Mrrts refimw Ihr(xNJh Prax. helping lMdUalsfel rre c{ridet
and lo'.h81rl(Ka to eath. We a50 dee (Trkx>sl8d wdks with pather5 CDr
Crearive. WandÈrersafCdour. IFS Ck
C4b Car.
8kning wmplel$d its f
THE LINE ART WALK A MESSAGE FRChM OUR CO-FOUNDER FOR Th7E YEAR ENDED 310ECEM8ER 2024 Our re5earrh partner5tW25 ¢x)nlrue 10 strenglhen. ITr alit)l0£<3batr wblh Lon Metropc4rtan uSty on a $5TllpU$lU for LUrKj SoJlplure Wjeek. we also 1b during the SPARKI festiv4 ID Hong Koig fDr an knspying rI devwts around publi- -rf ¥ThJ w limy. 1x1j th)reAper1e Nl the fkl to rnewwntiients. In digilal r88im, ourr8th 6xpenD41y, èiiww knè its 8n9a98 w8 do. CIO$8rto our route. we are continuing 10 cc4labor•e wlh UCL Easi.-th s yeEir tsr MS¢ ITr craVE Healh aswe l as wrth Ule0t volunteers to undertake eihntyr4bi- rese21th trrLgh on The Le. tra¥e also eStsbli&h partittship Wilh tr)8 Univwsily ofEasi Lon0 and (Th oltrwr FThD Si101$ io pbaSed r•soarth Inio walking. 2Q25 matksour Iljth amrversary. l Can'iquilp LWI8Y8 fvJw knnB has gr(rwn Ihg past Tbe Line Is now established as a tsa1215tfLv change. 8 C¥et a CLlknal Co[w. As I prepare lo pHss Ihe boton lo SaraTr Carrin9loD. I Iik£klo lakg IFknaDk alldthg peowe have h81F3d u&to reach Ihi5 estone. Vwe our sLcss to all cllhe artL%ls. parans. pther5 sUrters.?5e cortMEnt enaNes our ambitions to bectxne a re7AIty. Thp Line's Sutr undernnEG by yOwgerS suwt I want si5n off with a hugeand hgNeH thank . Mog•n Pipor CotyJndÈr & Dlr¢t•r. Thè Une 22 May 2025
THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) FOR Th7E YEAR ENDED 310ECEM8ER 2024 The TStS we5ent rU31 rep¢xi and finaThial aterrwts knlbe yEendEd 31 Daer2D24. The fiian?al 5taterrents been prepzred ac07rdarewh ie amtilY Set In note 1 lo kne fina ststcmtnts comyy %•ith the charrty's ofAssttatic¥). tre C4JmpaDics At: 20 and"Atnting Reporting ty Charilits Stawnl of aFli¢le IG chari1$ kw8iing thsii acttNJnts In o)r¢8rK with I Firbancial Rewrfitvj StaarnA apIcable In I UK ad Republ ol Irf4arwJ IFRS 1C2I:eYectNe 1 Janua? 20191.. Our tharrtabk oec15 ihE diheats aTyJ ttU[ antl ts adEnt ITr lh¢(6. We Iransiate Ihs Inio a PLYpose rg dwn(watise axess ar. ethanciig OWLunity and wellbng. g ¢eliver OL¥ Fljrpose r(wh o¥r All97 io 11 inspi. and MunI$S. through an a05 oulCth)r exhib tson arwj ewagemeni wogamme expiN?artar nature forfree alow Easi Lo,$ Val$t set Ihe w in th¢h we vhy all Of0S1#ehokJe a. We vlue an ar nuthnro IDwoThThJle c(Ibbcntson. 0)Vity and tIlbeIry'. We118t8rb 10 leam frtyn Ihè pèoplè % wth." We believe ihe transfomtivè IM of art anrt fftaurè and ae cthnmiiied to attss$ thrOh our programm and challwg ng banwStoparbopats. our415 conliDue lo fuj5 our Exhlbitlon Programm4." up of IDans 01wkS frKxn ab5L5 galleries. coNHyJlssKL¥ll5 olsilwcifie proj$¢i$ al to lh uTwue ty)it¥AI ofTrY8 Liw. ¢ts¢omm¢s¥iO Iliai ar¥ $i.'(9p8¢ifi¢ PTOi¢ts. develowj me[re[S Df thp W cortwruryty, IPat re5pJTJ ID thB uriqueconlExl ofThe L. Thr6 year. follo44ryng a very generixts d(alKIn. we (rfirst Liwg Swrvj by Eba Rothsthikl. EtYgeMt ProyrammÈ". INS have hJrtttrdebtlOFee OLYefVJEwemeMyograrfMne aP)w tthe sepafa strands. Wrhin L#amlngwe have hekl s(4 a5 wdl a53lrKo The Lme. provhling an InspiriThu ¢uldoor dassroorn for cros$-u1ar1etrrr. Throuyh our Ileallh and WeJlbdny r.its. have SUprK local resthwts lo eSS The for mpmed ht8Nh tsui¢omès. Our Yotyih Wl0y1rl ba8 Wpgotsd FOF4t ¢•$5 1 ty¥ining w£¥k as Youth Guesdln9 Ihe sufflrtw rwnths L9 WwJel. ClabOrs'. We irntiale calatlMsl1h CLdtLral. and ttThrnnitypartners to dE¥eW nD¥Ale 8n9a9ng prolrtL% lo th6 r88¢h Imw ofow prcgam. Pub&c benefit The Twsi885 h8ve thJo rtyaffl anCe iS8LJ byllCharfty CtsMliSh)n iné•)dr which acb¥ili88 Ihe thfirity shoLld undert•ke. Th8 Lirn8's ou£)r Ins11$ provije fw¢tr¥s ty art yeai-rtyJrwJ d erwaagl with known lo benelh Wellng. partKxAarty uban ETrJwnl FWOtrTh to increase througli 2024.
THE LINE ART WALK
TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED)
FOR Th7E YEAR ENDED 310ECEM8ER 2024
A¢hlevement$ aDd perfirnD¢o
WigNightsfroTD proyrarnm8sttrb8t h<yw we l4qv8d81v ourcharita48 are88t (rtrt iEbw".
. The bun¢h ofwr firsl
SuFVtpd by Newham cou1 arbj Tty80Y Whaf we ¢pJrfir5tmCLcOmrn95 in 2024
On WndT.'rles Is a text-)ased work by Helen Cammock thal 15 insta a &¥metre rANe bridge spannlng Ihe tlver Lea.
of Ctyjy Dock CrÈ8wd ietts I Cast nwrwj Shath)ws. teaos Oursee$ a(xoss Ine tiOÈS', Whl
Ihe ol%r disp ays IhE IExl.'ITP 511 lo lar¥J 5(YneIr we Iiv-as ty{ satvj.
Cammod( expkr&J the areas hle. wtttrb.the atéYs aré b(Jes Eec<>miry a r)etaPh for hutran b8havwr and
Ihe rnoverrBnl 91 peOe. A n8arby dptsy calmrL..ure3 rota'.rg 18xl-bBsed bWDrKsoTr pap8raealed by c4)mtnJnity
rnember5 durrg wad
THE LINE ART WALK
TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED)
FOR Th7E YEAR ENDED 310ECEM8ER 2024
SuFwted by Paul Hamlyn Foundknn. aTr irrwrtzrrtw INbativethye5 the Lch of ourlvst rnthb-yearprLiEd th
Ihree Igcal prThary scFth8. SpaG9S to Pows in Learning will rr4olve atbsis wotk cos&ly with
le4Yth¢rs and lo shape a ¢olaixKatr wts-base¢J (¥(4rWnt thal is th&SIg lo t swjfioto t% needs ofeach
sd)001.
ye3r Jso savi Ihity YEar8 5bJd2nls Atup avd Interna BEING IBlI En&inEe in tre Next
G&inwaiKml 10 t0[a ¢AÉbr81 IF pMx¥rofrJe¥ir 81 arfiwcthinkws si?en(È 8ntl In•snn9. inyghl$
knto STEALI csreer paI¥3y5 for5tudents conskleriwtsr GCeE-pbDns Takw SheeC en.5 work as a stang FM)Inl
È evÈnittsJktiÈ fonr ol a Thand>on ervJinÈÈrirvJ tratÈxVtred scntsf tyMItiPles¢xn Inlom, and are often
cpnlral to. aTtisLc practiTr. JartiGip8bng sItniS as'fbD 8n1Brlal IDlisign ID art ervJinepring link,
gnd thal rt'hdped lo und8rS1a [rert[wlneerir s1 it help&us in rdalty liv85. wlh ottrS 5a>in9 that it
tne iDspirBd my fthre
4. Our Health and W8llb•ln9
( in their thir¢ year, Thp W8llb•rwJ W8lks•th8 (lYoNe1 or11r kir J¥1 promole COnn)n
IhroJgb a r.othinalion ol art. k)cal knerrtje. wgagewent With nature Devp.l(yd in cnnsullalon ¥tyilh
ple5[berS and bGal GPS, thp walkswrnknnp gendp MitNlfulrss exeiGisp5 and nalUrlspIred aGli¥ilies. In 2024,
e delivered &) walks and have Wekxled ne) totLoi'ts n PWK)d_ ParncirTrantS 12n either seif-reler
01 be referred by their GP& Ihrowh social presCDtrfV9 a-d we sa a 95% iTrGrease in the latterg.oup this year. ThDse
InvOIVÈd benefl thrtsu tnectIff0 wilh n-.re. a de_perah8reiÈss of Ihè ¥)c81 Laidst2FÈ. and devèloping trèalNe
$kJlls. In 8dJiban, the walks re(luce loThYire55 through SQCiai mteracbon ar muease Inllr(IduJs rfidce In Ihern5plves
and ovwnership Df thr surp)uDdirros.
94% af this artS3ttenes rep(Mted IhatattetKliry wdltHngwdlks had a sustained posrtive impad OTr the1[11belng. Mryth
1Q(w Yeptrty1g that Il rrade them rrcrfe brrt Outsideand cfy)nett lIh Wl green spaws. Aryerdees also shared thai
Ih¥y ¥pprwi¥twl LJ¥iry kwvl ¢>[ Jll ¥rKI barn¥, th#1thg w4lk¥ Ix¥¥lwl a sen¥¥ vf IwWin9. kVrtilWIY
Ihrough being in 8 gioup ID 2024 th8 of fifty Wellbeiry Walks andforty tr[5 èqU8ta to 1 470 tn18 walked
S. Our work th youny pPoB
In 2024. we corned knTth year of ouw annual Youth GuKs trytamffle. local Ung p80p 18 to 21
trom Ntwham. Tor Hamlets. Grtenwci. Haekw. and Watth8m F£e$l We br?ned rc3c. thrwgh Socia m18.
oUrwet6te. scttcds. new partnersh ps anatS 11
THE LINE ART WALK
TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED)
FOR Th7E YEAR ENDED 310ECEM8ER 2024
6. Publlc Programmo
In the surnmer we delivered a ofw(xk5Trx)p5 pra5. a London chaty wortirg nurant5 and refugee5. With
funEirg proi'Ked by Keois ATey. Thp Liie's Inise¢l5 DL4 sial5 51arJrg PQinl hdp Pa.GIp?l%
devE4op c[len( wilh aiNI aY[l1[ Lyea1 acl1v1besa TreC{ln9 ¥vILh grt n&ture
In Septembe.. for thiro edition of _ondcffj 5cJioJre'4veeK. The Line was agair one of 1he Youl key p2rtners. ¥Ing
aknng5ide Fre Sculptjre Fourh Plinlh 3nd Sculthxe ITr City tr>ddir a wbwtpro9iamffle ofE¥ents. lnitsave
engaged cv8r2.eoo paTbcipanl3 thrryjgh tIKirs. and pthirTrarK55. Blc4Jrnberg C(mi1ts ser4ed as th8 ofticial
dlt31 parfnerfor th2 second year. unityns al parmersthruuTr their apps dynamK dignal gE A hhlIght olthe weekwas
Ihe sold-out pJblic deidoped IbrawJh-hD Line 5 tesearch partnehIPwr. CRL4TURE ITtre CenlrefDr cativ2
Art3. CullutE5 and EnemBlI at L(0 Iktropclitan Uniwwwty. Tyi5 year's eweni >Dh1 rewBsenlali¥eE fro
811 fwr LS'N partne1¥, as as parti•patw artiys. in a Par-s0 eApkir9 diffeient tteX1910- new approa¢hE
nd ch8ll•n5es of s¢uI)tsir8 (11$ 1¢.== SUtveyeJ th ttri8y agr88d N 8bcsryty 8sreeO Ihst
6ttwding th> sgmposium W Ihem fedirvJ exriied artht wtA¢ art. The evertwas turred Intoa wdcastthat18unched to
oinrAde wth the openiry DfFrieze. over 850 YJ dw.
In October. The Line's Dewty tlirethra1d En9aceI PrtsILef fr£¥dd to Kow to pACate In SPARK. a festival
of iaeas staye¢J by Colncil In HtrVJ K(KVJ lo Fro excratyje bttween Hong Keng the UK Their
ovenl. enli1d.lSldf Obt" FbilAl..5 Wfj lth ng. fealutyj ¢ wkskoos tyr a ]Uta)le ekntni through which
part cipanls exDlorl ho%v Wb1 art ctaty) rCeI5 Lrfenv fLYts. enha wellbeing atyj contnbul8 to a more
fDerdly indusvtr èXperiw of cili&s
We dvédoped a numberof tsALaLKstabYe Èvents to b aUdts$ arvj ts SUpPt9jpS to P&ilitate thwr ovm misrx)s.
Thi¥ inGlud&l
A walk deYeknpÈo in pa.The1p ith Reya MusewMs G-eÈDwch art ar{t. an organisttion aimirng to
1C8Se diverw Wiihin the fekl-l arthaeology.. whth Empbred maTillnE Iinksto c>n Tre Line around
Peninsula. kll(K¥ed by obieEI handlin9 Sess al Ihe Nakn0n Mafilitne MseuM.
A session wth delegates tre FAwryBeyand conferen. an event brirli -coether leadErs trom business
govcntvenl. itrkqrity volunlary sect(Y5 toaccelerate tie UKS cjimale chanse.
A walk co.hos18d with the Lonely Gvls CIL. a Co5Unity olMY>rnen Lormkn seekry to cOnneCtF5.
attÈndÈc by 70 panKirtS.
A cTrh05ted gUKIBd IDui of The LIDefrurn io North Greenwch VlarNJwet8 ofc(r 3
mmilw to WCi81 Igh i)Tprowng by 41 rtlp•nt$.
Two Yicl bcing walk5 with IFS C ca Car aTourvJ lkncrvwK Pcnin5Lla fcw MunOBy. dL4ivcrcd bya ITaint
m1ndlu1esS practiiv)ner. alLeThded by 25 paniwar4s
The Lkne £lsL)fartrÉd partthe re far tkÈ Rn1r thd olfiW Cate Rday.
lkv&contirMi io wsilh $¢ad$nN¢ partftws In a of ways io b8tt8i und81an¢j Inip8ct ol Lmir fft)rk 8s well 8$
offering The Line as a rn(Kl and 511E researth These ile an [Ary parheTShip with UCLS MSC Creali¥e Health
piogromm? Ib3sed at East Bank). w.hnoararth iesewth Uci EastStLthni voILnI8e ano a fomial p8rtr*tship wilh the
Universily ol Easi Lon
THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 RlsktactQf5 The mDSt %Wilt rtsk fAng u5 a5 an are.. Fundraislw and 8 failur8 10 rn891 fLndraskno larg8ls. Vffilst In 2D24 %Wsucuissfulty ou" fundlng fJrtr. th is pressu ffl arts fuDdirrfJ genera a1 es?D a d[Se aTrd sust2iDable fLDdiTrJ base rernal a prftKIty. As W do ncl for ourenyaGeTEnl proyanwe5CreXthib1knn$. tr neeo to swjrefunds k5 Iikdyro remain a top risk lactor lor The Le. Slaff GaltyartI a mi5matth bet¥Aeth resrAJrtEs and anknlts.' We ve exwded ¢)urteam to Increa capacrfy. and we c3refuly reW an all new Flnanclal swnmary thjndralsing Jpproxh In the yearwe ralsed Lxsh grants and of £821k(2.. £915kl we recognlsèJ £1.D76k12023: £T2akl.' Tolal In(le was £1.434k12023 £937kl. the crflhe d(sted ath)rk. thnatÈd seNpAs and o higher-th3rFnnal OllAeLD & GaIr Tax Rel. Totsl expendilu'e in Ihe E1.0SSL12023.. £871. oran irwiancx recovwy relHted to an evgnt of £31k in Ihe year{223". rn11I", We therefte booked a the yearof £379k il)23 £58ki. HI)bYE[thE inrluded Ihp artwk wh hag twi &)Ixt¥lisod tyf£90k 8nd * xOn1 Ve1 IALtseun &GalW T¥x R¥lipf. 11 $0 £100k of fundrg for firturo w9S not in thg Of[ricA9 ts. AdssuTrBtgd has 9Stablishgd lor t5 anount to ring.fencetrefun0slits rev. ett$. The wdetyiiy surFAus befve tax ÉSk12023". of£36k The desijnaled Resirntt Fund h2s TrJeased to £110rf12023 £1(XM(laTrd Free ReserbEs sland at£319k 12023.. £134kl. FundTr) for uworning. tl¥ned W4ÈCtsrf£lL¥Jk ts hekl m a separate designated fund. delails theraal PD&tion are set0 in Ihe Far1 Revw Axh 0W5. We have an established trad¢ record of develop¥w ar d21Neriw arnbitjs and engagement progrdmrnes, V4hich has supparted Ihe charilys fv[ra effcrts gr(rwth. In 2Q24. Ir]rais actitrrues were caUGled by Th8 Llno'$ $laff support$d by gxl¥mal c¢1nlIS Al w.rAl1èS thè Codg ol FunC1r¥I9 Pr8clic No complaints were recew¥ed recarding fJrKtrai5irKJ, Ihe chagty I5 wo(xxJwe5 in to ensure tttfundr2ising 15 etfwcai. Wilh Ihe ap[M)tr8nl of a Head of DevekyrnI and Devek)FwrTrl C4wdIn(H in 202). th8 chty will re(kn3 &xp8nditur8 on exlwn•l fu•Jraisiry ¢tr6uNants lo estabSsh a su#8nabè wrosch to irwne 9enersti(ffi. supwrtiry 9)od stew8rdship and renship development Inkn the future.
THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 Reserves and Reserves Pol Ovr re5epre5 wlicythroughrArt 2024wasto hjltt reser lexdudiry bnce5 on restrted and dewHted lund51 tyual to betYRen 2.5 and 6 dbudgeled ex{rueXth4JE xoiecL. thrwgh [ts. A5 end of 2024 Frgè Rr¥S IG8n&ral R898r¥8si 0'£315K I2Q23. £13éK! 7 'S ¥¥rfor 2025 t991$¢ cosl And 90 Sit Slighuy above this range. Howev the T[lte&- rsertrat s(xne cllEse T5errfes are to be ulili5ed in 2025 aTKI not exrE(12(f25year erKJ reseNesto be at)ve raroe. DurYvJ 224 p5er¥esEre ma1nraredthn mis pclicy. As of31 tb8[2024. Idal fur3 w8r8 all were f626k13)2i". £247kl kn1=h an iDCtFas8 01 £379k overtTre year12023'. £58kl. Wilhin nre<l fts. the Trustees have d¥nated £11Dk12023'. E100kl tD a F¢eslien Fund lo Safeard the tuture activitEs of Ttre Lwie and £1(xt?tsd u(1g pry4ects whh 4Yere subpctto spetrfir bul urwestrirLed (hJnalDn5 In 2024 £9Th rs ndg of E a55els. PlaM forfviure perlods VV$ atrbibou$ plans for 202) boy( wll M-8cw)t SLttesss c£llthra".1. lo in¢re¥$8 th$ posth p1 we r¢ke l(Kally IUgh actrietyprwotin9 erJageerl art (Mrtélvs. Key higmghtsof the 3025 prO&r vKlude. On trd April. Ihe launch ol K4Bhtab (xxNnissK)n. Rease Takea SeaL in lkn&n Biza ctye Park I51[ne trom 20231.. The laJnch ul a scltur CL¥[0 by Rasheed aen (TrcJJraied AJup Pha2. The laurch of a new phokn9raph ConrrA5si by HèeAJrrt. CrCLale WI Anjp Phase 2 structurè, governance ManagenlI Th8 tarity 15 a COMpY Tlled by ywarrtee. Thp Ts, who are 31so Ihe diretr.ors ftxthp wvposeof UhTpany law. and who erEd during the year and upto the dale of signaturEof Ihtr financial staitynents we &J5an Bart¥ Arnanda Ctrkatnbers (TrUm1 &18devi Chem4 Ho7r¢ DawJer Mthle Faul (Charl Ivan Harbaur Thtymas Kath)r Ngvy)t Mangal HeNy Thonas Pn Ja-Ek Luth9 5carso Diana Sp¥Egelberg Farh Washash {@Jwxthd 18 March 2024 IApwMnted 23 JY 20241 IApp(Arntsd 23 Jlty 20241 p(¥rnted 23 20241 IApwrnted 18 Mart 2024 {Apprrnted 18 Marth 2Q241 ReGYuilrnentag app(¥nlnTenl uftru51885 QU81rfy0 Tru8es areaprKx)ted by &dirwy Resolutth. Supd to earlr lermiTratK)n. Trustees IK1 offKE for a penLKloflhree ye¥s arvj ttrM5tErm may be[eneI.
THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 The TStS ha¥e txrtaldthe charity31 ts w¢¥)ety atKlfurKI5. During yegr we ourarlhyes thi that Th1?Llea$1 atxl than tweKp Iprewu4y d9VgTr1 Twstéès 8nO 8t le8th on6 Trust88 rfrtjst te 8 h8twai pwgth. None of the Twstees has any benefual rrterest in Ih2 company. Al Léts TnTt are mernbws of Ihe cumpary H 9118ni8& towninlia r1 Ihe v8ni oraww7d¥ wb. 0Tgani$8tr[éff slwctij During the year. The Line's 8eniOrrnanauw tean fvE rrtbr5OIStafr. Fwnder & Director Suskwnetslily ano DKecic Deputy Direcl Head ofEDgajnI Fin8n¢o 8nd Qper¥lior6 tlir¥ty In Juary2025 we enrKnC>j thai the CtrFoundera Lile(i¢ill SW frun in m.2025 ar t $u¢rknJ#d by tho) Dwty Dif9C. Audltar DSG 18Sn& as wdilor on 15 jaary 25. DSC AudittAfxe pted ¢Jn 15 JanUY 2tr2S trpthe >nY &nd É(coanCe wth sectK)n 485 of theCornFaD5 £t2(. a pT(wwg thatty be ppointed will be al netsl Mng. Dis¢lo¥ure of information to 3udiror Eac? of the Trustees has ClrIrd is inrc¥rna ofwhth tw a¥rare isrelevanl lo the BuilL butof which Ihe 8Ydrt * unaw8rfr Try h8Ye f(••wtxnfm>l they tskw apwoth slep¥ i) Inity SLKh rd6v8nl knformalKfft and to eslablish ttt audrftt L5 aware of such IThfrTh3n. SnMII ¢ompany proTrA$lons report has been PEd li wilh la1 proFiDnsrebbrvJ cunpanieswitttin Part 15 ofthp curn)anI kl 2W6. The Tw8taes' w8S ¥WOVJ by lh& B(wd of rtuste&8. Arnanda Chambers (Trarer} klthde F11 (Chairl Trustfje 22 2Q25 10-
THE LINE ART WALK TREASURER'S FINANCIAL REVIEW FOR Th7E YEAR ENDED 310ECEM8ER 2024 seGkn key 3¥ELts of1helul rts CA)nt31r Lter th rerth. If mDre dEtaI arp ne2ded: tAe35e rpfer &> Ihe fv l a¢. This 5edw)n sets I[[01)i jtK>)rn8 and WP 5JBDI il.ll S05 (Yl kn |ow)k at(pur balaKe sheet iewves wsit#)n. Ml 8re tKewied lo Itki nwesl [x)U l£kl.
THE LINE ART WALK TREASURER'S FINANCIAL REVIEW ICOTr¥nNUEOI FOR Th7E YEAR ENDED 310ECEM8ER 2024 12-
THE LINE ART WALK TREASURER'S FINANCIAL REVIEW ICOTr¥nNUEOI FOR Th7E YEAR ENDED 310ECEM8ER 2024 Exhitwtion costs we £348k120ZI". £256kl and iUde arKt anlI¥j rAsSts. the E05t Df Irdn5Wtation. Instal1>, and iD5urance, and aY arri51 IBP5. The extribrtw co¥i net Df£3-k [Ecp1 fgr ar Insurar ¢18im rStOfa tsncdlwl trven'_ Th rdects wea8&J Vity 2024 wth thre$ i151allatsons IpIete and a furfher Ihre ttJmmerirg duriry tt rf08t. Within costs fDrbJndraisitWJ. SUPPWt * g>¥ernae of £137k12023 £139kl. the bwest costs are prDfess¥Jnal fees of £64k 12023.. f57kl. oflthitth E38k 12023 f47kl [dd98. Ifarmy offK £4((2023". £39kl". and rang costsof £19112023. £8kl Dor1• Se1 During 2.?24, we [Ece1h donaknl Serv6 ftutD B PUTthr ofwalued 1tDrfjXary I1 atKJ ahrt8GLu[al 6eNcesl. The havè reduced tre èxtent to we hae neetsl lo eNe8 kn fund 0rattie In line With the TUl[erents ofThe Charit5 SORP. rarrIs asse55fTth ofllE valup of Ihese incIle ¥iithin 1 incoTne tpditU1& rewrted thve. The Lint h8s ¥dso ft(Nr g0fterts SL¥Vrt 018 sroupolathstys. iniivi0u81$ lith¢ on our site supwrf th8 organis3tion kn an Inform& cyry. on proRtts aspects cl The Lbie'5 Wcrt. Howwe manage the rnoffley We b5e budcet5 tD allocate Expend¢.urp Swfi(xlty eXFwdlu furoed by re5triE8J grants spem ID arXordanIth budgst$ as •sreÈd Lwth th fund8r 9XncltLré s s)nl In vnh x xnmal bthywl A¥8gd th thè 8o•rd of TNstees. EXFnditure15 reVd rrKJntrty by MaageTrI ad quarterly Dythe BDatd DI Tr. In 2024 ¥¥e IMPMent(l a 1TrNBstt to n)gxwise terest 1hrgh ¥S9 in A pr%rfokts cash Savin aecx)unt. CasP investrnent5 atE held ID FSCS PTDtectEd ban£axow15 arwj aPD¥ed by FrAfKE. In¥thrta Risk CrxTrmittee b) ensure they Meet ethtal Uitèria Lad In the prAw.. maximise trums and are accessible to short4erm a11 reouiremeni& 13-
THE LINE ART WALK TREASURER'S FINANCIAL REVIEW ICOTr¥nNUEOI FOR Th7E YEAR ENDED 310ECEM8ER 2024 Amanda Charnb•rs Trea5urtr 22 May 202S
THE LINE ART WALK STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR Th7E YEAR ENDED 310ECEM8ER 2024 The Tsts, who awe akn Ihe direc ofThe LI ArtWalkf(Ytt purw>se ccornpany law. are for weparir¥J Ihe Trusiees, Repurt the ¥late[rts in ¢ar atzi4e law aT Ut¥lBd KInD[ ACcting Slatyjards Iuii ted Ggner8lky A¢(ptwl A(XnJ Pr3wel. Corn)any Law reqt¥es Ihe Tntses 10 Ffeoare fir>?1 e&h fyi•cKel ye3rhKti gve 8 tnje and fairview of Ihe state of affairs of Ihe chanty and ofthe I[Ker resources aation of resources. wlcknd9 Ihe CoMe and &XpdI1U. ofih& ch8riiab ¢ompany It thK41 . In yÈparing thfirnth1 statemènts. wue(I to". . s1 5Ultable 4wxounbry pdKxes ¥¥KI the 8tW )s.. - observe the methrts and princw in the CharitEs S(WlP. - Thake1jg0Mnt3 and 8¥timalpylhai ¥ie 8tKJ wudBt¢ - statèwhetrr applicthle UK AccJ)Jnliw StaThJards hawe bfOlk)yrtd. subt0 any materfa tkpaftrjS dtscb)sÉé aThl explained In the finarri Slatsnts'. antr . prepare Ihp flrarthl Sr8ten)ts orlthe g(¥J (J)rw 1$ Fiaprw01e lo prewwt 1hat Ihe chwity contiryue In aaer31K>n. Tru$is ar re¥ky)gtAtr for a¢¢wrty th81 di% ty8sonabl a¢wraty ai any tim Ihe traral af the chariLy enab lo ensure".tAt Ihe finarKa slatee9ts cfjtrply lh8 CompSA 2QC6. They are akn reswn>Ne low sattgJ¥din9 tre 3>sels clthÈ Chity aro trfOrt3ku reason8blÈ slÈp>for I errents kiearh finaK¥o1 year vhich gwe a twe and faf vthv of ihe sraie of affair$ Ollhe ¢h8rty and ofth& in¢n9 1¢$jr¢8&3ThJ ¥P¥0n (4 r&>)ur¢es. Ihe and expenditure. of the Chantsb compony fNlhal Ye. In preparing the5efinancial statemen15. the TrJ5tees are reqtjred >).. - seled suitable coUnng pdicies th the Ihpti cor•.. - obsatye lh$ mdh(s¥j prints¥¥ i) ChiwJ8 SP". - rnakejudgements and eslimales Ihal ale a( wudenL . gtatwtter applicthle UK Acwnliry StaJards hwe folk?. sub any merf departures dkck>sÈd aThJ explained In the finw31 siaLements', and . prepar8 Ihe firatKYal slatements (Ybthe go¥vJ L¥JWll Lwi5 Utkn rtis lu prBsutne 1hal Ihe thlyll Conrne operKH). Tha Tw&tÈes a re¥P9e for •Jequ accwnbrvJ rwords ihat disc with reasonat4o atturacyat any time Ihe far1a1 ol thetharity er enable.them EO h31 fin8fial $blgrtYts comply 1h ihe Compt$ A 20(6 Th&y are also resptfie foi £éftrJu¥din9 tre the ¢h¥ity art herffor iakry ¥son8ble Slepsfor thè preliOn and detecltm of fraud And olher Irreguiarlks. 15-
THE LINE ART WALK
INDEPENOENT AUDITOR'S REPORT
TO THE MEMBERS OF THE LIME ART WALK
Ownlon
We b3ve aucited lfIarKl sratemenls olThe L ne Ar111181k jthe'yarilv If[ tre year enc& 31 Decernber 2024 thich
COMP8 Ihe 81alem8rrt Trffinancial activrfes. sbeet. ts staT olc3&h IkThsaThJ nu18S to the fnaDual
st3tÈrnents. iiduding signfficant EtcnI ng pahces. ff_rtng Ihal has been appied in lie
preparation 15 a1(ale Urwted Knwkxn A(XAXJ[ri[ financ4al ReFDttsng Strndatd 102 The
Finantral ReFvrtNTg St$.wrfytl Jn UKand RgpJknTG GI118[11¢ (Unibd Genor¥ly A¢£ptèd A¢cwntir¥
Practice)
In Dnn, Ihe financial Statents..
glyp a truF ar tsiw vie%v ofth9 stste ofthE thartsblB cumpatrfS¥ffai as a131 LIetw[Fr2o24 and uf ts
resour(s and ap1[Xti(r of res
THE LINE ART WALK INDEPENOENT AUDITOR'S REPORT ICOKllNUEO) TO THE MEMBERS OF THE LIME ART VIALK Ilatter9 on whkh we ¥e rqU¢ lo report by ¢x¢epllon In the IvJhl ofthe knowedje and tHndj irftke thlty aTh1 ils en¥1roThi(thtr n&J In the fAxYseofthe a1¢ w8 hav8 rA Id8ntir tDalerial rni&ststfwnenl& ID Ihed t8dcx3' r8sxMt the Tw8ipes' repixt. e have nOthg to report n resp nTBtth In the cornpan Aci 2006 rtyuir8s us to portio you rf. in our opirlty)". adequate axUun9 re(uds have rv)t bEen retLWll5uatef(fOLY ajdit have nulbeen Fdc8Ned fru branches nol vwled by us, or Ihe finawal swements are Thji li reement ¥ViL1 Lhexo)unthig IOrdS retLrnS'. or certain (th'sGbsur850'lTuslees' rernurbe¥alKn by Lav mwje". or WÈ haVÈ not ieceved all thè aThJ rEquifOr (xji auorf". or Ihe Trustees were entitled prepare Slaternts r aLa witr small comp3ryps regime arwj L4ke Jvantaye ofihe $m811 exen¥YYts in KveDanr9 trt TrLwees' 8nd from Ihe ieqiJitNt 10 epsre a Strateg ierth. Rwponsib4iti•s of Trusl••s A5 eK?lained rnore fulty in the ststwTrtof Trustee5' reSSlI115, the Trust. are akn the directors ofthE charity hy tt purw9eof1yY law, ale wparsitAe the e)ra1 oftt finan¢i81 stsiement$ 8nd for betrig satisfJ Ihal Ih6y qr¥e a fairvi&w. IEf asth8 TrJ5t8esdeletrnine is ne to 8nabl&th8 ar8paration of flnÈncial stalements Mat a free m8lenal wisst£pw)t. etw cueto'r2ud Exrar. In preparlrKJ tr flnEncLg st3t2rnents. ttreTNstee5 are reSp(ble a59essry Ihe charty s atNlrty Ic contitwe as a cOnTh disdcsiryy. applicable terS rdated to goin9 and the s(4r5 CCYKErn b5 ofaccouilin9 unlesE the TruEleps eith8r 10 liqudale the ¢haiilaNe cornpwry 10 (%k88e(wratiws. or rwe tiC lwnafve bul lodo $0. AudIt0S vgspofbsibllitiBs forthe dIE of tho frla1 stat¢Thents OuroDjecli¥£S are to c&tain roas(nabkiaSs[a aboul finaiaal stalemBnts as a ar&free from mRterwl mlsstatennL therdue".ofoud aThJ to an a)r.0-S retscrtmat opiNc•. ReaTrable asrance is a high kvel ol Jssurarce bui i% a W¥rane thai an auan condJued r ar£ordancwith ISAS (UK) wll 8lays delta rnateiial misstalernenl ¥y it exisls. MisslateenS can are frorn earaTh ale c¥x)sidered malerial If. Indi¥.UallY or r th8 899rw.ts. Ihpy COU re8$84Y 8xrd&110 taymd(l8K Ofuse ten on ts basts of Ihese fin3nci81 ststernents. The eent lo w)Ich our [wre5 are capable of¢eteclvig vreguLHriW InCIJ1r¥ fraud. k4detrIE telow. Capability of thv audil in detKtin5 irregularl1. fwawj Based on di0S Wilh tre (arty'5 fflaneThen".a[KI thp TrLSIp85. W thst the ft4ltMing and rUl¥tiOnS e $ignifKsnt lo the enlity". Tb05e law5 and regulation5 ConsEd io IaeLe1fe1t(theaTVia 51aleThe dude UK financHI repOrtg stat¥tsxt$ and Cyrity Law. Those laws and rulatMS lor nortrccffilpkr fjwbefvpd8meMd to 1he or£raring a¥Ètts ofthe thonty snd therefore may have a material efftcfi the 5ta..eerts hidude ComFla? wrth Ihp chailaNe objecbves. Denefil, fvrdra51ng 5ategLaidry atyj hethh awj safety g.sbakn. These mallers yre discussed theerKpaerttearn at the tlanThrvJ skge atxltt tegJn rernaiTr2d artfr) ncthcompliance throUgttr* 3rt 17-
THE LINE ART WALK INDEPENOENT AUDITOR'S REPORT ICOKllNUEO) TO THE MEMBERS OF THE LIME ART VIALK Au(t prou[e5 undthaken rE5PDn5e tu the relairyto wregularths Iwhmth inElu( fraud and D¢Trp)mpliarKe wilh lav regulatvTh) 0J[npi of." iryuwi85 Ihe a5 io whethp- the onlity ¢ompli Yth Such I and rwjAatv)'. thesarkTr aTry athal wlertial litwJalion or dainE' sperthon of ravant iegtl totr&spon<Jerte". wewof TnJste8 niiw Trinth8$,'.eStry th& 8ppropri•l8$s thfiouèl entres. and Ihe perforyrorKe ofardyknl 10 nm)verrwtsin acctyJni )alarLs whKh rry t Iave olfraud. No Sntts of rnoterial norlIAr Ere hÈnb. HO¥lEI. the likd11 ofdeleclhig SrrEwL¥rtEs. Inthdiry fvaud, 15 Iimilel by Ihe Inherent crfrU1ty n dÈtÈLtirg IrrEwiarbes. drptbvÈrss Èntitysthntr$, am the naiure, tsming ano &xtsDI Dfts audH ptccetturEs P8rfDrtnpd. I[rBguIwVs thal res Trth". bp i-thEtFnlly rnure d ff cu I ID dplBcI Iha tagulaiibes that result frwi error. As eW8itd atxwe. th is an LoIabe risk IhatmaEria mtsstatsments ffl8y not be elected. hough IFe al11 has been ?larwJ ISAS IUKI A tstherdescdpvon olour responslbiltties Is OTh the Fin21 Reptrtiw C(YJKlI'S Websi at.. hltPS."ilww cry.uklabditysresrslll1I. Th6 onlIn Icffl part of(wr a110$ [. Use ol our repcri report is ade s<Aely to Ihe axryarrfs t[rnt[s. as a tKMly. Chapter 31rf Part 16 oflhe Com)8ni A¢1 2CQ6. Quraudd has U•d•18k $0 tNg'. mishl stp.lfr 10 Its ch8ffi $ members 05e rnatter5 we are requred l- slate tc thn ai alto<S reFUt and i- olhLY 2urwse. To Ihe 1151 extent perm tted by kiw, we iJ nul accept ar5je re¥Yythkn' lu ane (thEr the thaitable (Lryany ar¥J the chantrblE company's mwmbgrs as g body. for0urgli wo. lor lor191n)ns forn1 J•8n Ellls BA FCA CTA Isonlor StatthoryAudoII F(K and on half0f DSG AudiL Stsiutory AlL0. Chartered AccounnL$ Cas118 Cbatrtsrs 43 Casue sireet LrrA) L2 9TL 22 May 202S 18-
THE LINE ART WALK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEM8ER 2024 Total funds 2024 lurnds 2D23 2024 2023 2023 kncom• from: DoDationE and lewc Charitsble tIvItieS other tradiw activrt Inv8$lrnwl$ $98 180 184. 26.322 5.049 1.218.614 289.655 130.303 20.282 1.137 495.953 788.608 130.303 20.282 1.137 .372 s.9 Toial incDrnp 813.620 820.434 1.434.OY 441.i77 495.959 937.330 ndltur• on= R21Sing funds 18.740 18.740 S,OTI 8.071 Chwit8blo fKtiwIi8s 38Q.552 676.020 1.0.572 374.132 496.785 870.917 Totsl •xp•ndltsr• 379.2W2 676.020 1.055.312 382.203 496.785 878.988 Nèt IncominlotI resirreS beforetransl?rn 434.328 155.5861 378.742 &1.1T4 18321 58.342 TrnsFers funrjs 155.i861 18331 832 Met Income fortheyoarl Net movBmenl in fur 378.742 3T8.742 58.i42 58.342 FU baLirrts6 al 1 Jarw 2024 247.328 247.328 188.9e6 188.986 Fund bolAn¢•S 0131 Da¢ber 2014 626.070 626.070 247.328 ?47.328 The stalefflenl of finEncFI aciwibes ylL5311 gaSad kEses tewrMGed in ts year The stalemeni fjronch¥ acwD"es 1jeS all gains and b$8es rttcgrised in trE year. Al rthme ar eWerte derive from actiti$. The slalpnent of fina31 *) (¢xlES reqUireEnts fry and expendflwe acwunt under Ihe CoaleS A¢# 20
THE LINE ART WALK BALANCE SHEET AS A T 31 DEGEMBER 2024 ZD14 zo2J Flxed assets InLgngl)la Tong18 assots Henlage a5SBts 15 3.473 3.432 6.946 6.108 17 13,054 Curront8S84ts Debtors Cash at ba In hand 19 337.654 142,377 553.801 746.542 6%.1T8 Cr•dltorA'. Amountsf4lln9 dU•th1Th o yvar 217.377 461. Net tutrÈnlasselS 529.165 234.274 To assèts current ifjabllths 247.328 ThA fund5 of thA charlty UDre6trrAEd lurKIs 626.070 247.328 626.070 247.328 SfJfinan¢ial wepaiwj to Ix¥np8nw wb11 lot small cornpanE5 reyMYie. The Iarla1 Statent5Were aprm4ed ty tr Tnjstees on 22 klay2025 Arnanda Chambers reaSUrer> Trust•• Fa11 Ichairl Cowany re4stroi number 12392896 IEnLlarKI W4esl
THE LINE ART WALK STATEMENT OF CASH FLOWS FOR Th7E YEAR ENDED 310ECEMBER 2024 ZD14 zo2J Cash labwbe¢ byyggngrat9d frDffl <wabon¥ 1148.3951 192,932 kn¥tIng xelNiti•s Purchase of InlDngk a5se15 Pur¢hA$$ 0ft591b19 ffix Assets InvesThTrl rcorw reWv1 111.3661 2.9221 1.137 11.5671 5.049 N•t cash g•n•ratsdfromlluq•d Inling activkn•B N•t cash g•n•rat•dfrom fkn•nckng acthlll Not Ido¢ws•Vln¢Yoaso In Cash and ¢•th•wWonts 1144.9131 173.781 Cash and cash equivants at bEgni Df year 553,801 380.020 Cash and cash equhTalprts al End DI year 4Cfj.888 553.801 21
THE LINE ART WALK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEM8ER 2024
A¢¢wntlDg wlkle$
Charfty infJrmalion
The knne tr. Walk is a orrrfare wrpany linitJ by rwcfat8d In Enfvd and Wales. The regthred offic&
1$ Third Fk)or. 104-108 Oxfwd SW. L0. W1D ILP.
1.1 Accountlng con¥enti
The fina(la1 statetrEnts IL3vÈ bÈern in trÈ thariVsAsttlÈsolAsso¢iation. thtr C•mpaniÈs
Act 21i16 and"Accounkng and ReponrG by Ctraitie&' S12teTrenl of Reccffiriended PraC1e applicable lo ch3ntie5
rpparn9 Ihar aEcountS IP With hB FInar( ReWrY4 Starmlard app.icthe Ir. the JK and Republic of
IFRS 1021 l•YtiYe 1 J8nu8iy 20191". cbarity is ¥ PLlc BBnefft Enlitya$ d¢fin8d by FRS 102.
The finarrcKI staternents are ryep3red in sterfiry. tAich is the functional cfftncmof th2 charity. MDneWarmunls In
Ihe>efinancral staternent5 arE ruuneed tothe rEmt£
The finarKKal staterEnts have beeTr prEpaW uryJertrE trdstorKal cosl conwtoi. The prrKipal awxnliTrJ p)lryes
adoplBd are sel (xrt bekn¥.
The finaCial statements ¢kn Trjt Ir$ale-the r5. a55ets arK of1 i)arity5 wholty owned subsidry.
The Line PLkn1 kArt CIC was durry thB CotwJ i¢ated acKuurts havo nDtLen weparBd as
s&wouk1 not be m81grialy ditfwt frw enlrf¥ finw¥ sialetrew.s as pre$anled.
1.2 Goin9 concetn
Atlh8 11Th 018pproMw st810rYwts. frustses ha a r•8swbl pa9n th81th8 th8rity t
adequate re31&9..0
THE LINE ART WALK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 310ECEM8ER 2024
ACctiNg polKi•s
Iconmuadl
Income tax reCovWae in rdabon tothat reca¥td or deed5 ofcO¥enI rewLsed in lurth
dms made lor recovery.
On rept. dona18d wofessK>na SfAVKX5 ad ¢knatEd faolits ale fWtMsed on the basis (rflhe of the gdt lo
Ihe tthaity whKtr IsthE atr. trE dtyWOUj beEV wiIfjTvJ to payts}otla orfAl5 ofequNalent
economic benefit the open mar
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 ACctiNg polKi•s Iconmuadl 1.9 FIMed asset InvestTrnts Inl8r8sts in wbsi4iies 8re initlly me8sur8d Subseq11y •1 COSI 5$ 8n>' auxJmuldd Irnparment losses. The veSJnents e as5e5sed for 1rrpaYTrI al rewrtmg date and any iryairment losses ar reVealS of paI[reI bsse5 e rEcogtwsed in r1 irKY)Tn2llexpetvJiiwel forthe ye. A jbE1th entity ¢yMlrdknJ by ¢Wty. ¢trol E> tho tr>g)vwn tho and 4)8fatDg pdicao¥ of Ihe 8ntrty so a5 to obtr1 fr(xn its acTrrili25. asset invesurwtsare initiyly wasured at tran17 twe exclLKJiThJ transactiLW t8. and 8r( sthsequerrtty measured at13ir value at Eh date. iTrfawvaue are rerA)JniS rEt InCom&'leendtseI for the yw. Transacts)n afe eywtsec as inoJThed. 1.10 lrnpaivThrrt Df fixgd Ate&h 'ewiirvJ end dale. the djarty1 (3rryirvJ atrowts imangibl8 assels lo delewmine 4¥h81h8r thei& 18 8ny.n(11¢81Kn IN91 8s91$ ha¥e Yed •) ThPOimiert k)ss. If¥ny iThJtstion 8xi$l$, Iho co¥er2trAÈ armuit rlhÈ asset Is estrnated fft er lo detefrnine the extEffiI of ttie mparrnent1O5s Irf any). 1.11 ¢a$h and ea$h equivaTrI$ Cash anc rAsh equrvAlsnls In hgrd. d8Fot5 hgkl atf£l th tsks. otrrslK)rt.tgrm %(WKJ Investmgnts With ortginai maiurllti kYththsLless. atVJ overarafts. ovethfts are borrtrhiws in cwrent liab1h.0$. 1.12 Finan6ial instrumty)ts The chalY h88 811 10 apY t p[ov¥sic of 11 IrtslfumEtrf8' s)n 12'01her Financial Inthments IsSS. of FRS 1tY2 to 311of its finanDal rstmrnent Finanriel in5uumeDls Bre thFith3tiV5 slwtwhBD party lo IhB wntTpcbJal provibions of Ihe nslnmnent Financwl a5setsarKI labqibe5 a oftsel wlh the n2t anTrts $eSeThted in Ihe finaicAI staternents, when re a legally eiforceab rightto sel off the recognised amountsarwj there isan Intefthn la setlle a nel or Ip teali tt)e 8nd th•11th1Sly &mularwwty. Basic financ1 a55ets Basic finarKial a56ets. whvth and cash aTrJ bank baarKe8. are inrfk4ly tnea5Lred at transaGLDn pri Induding tran8a¢b cosL% and are at ttbsl IhA eftedrTr. intw&i melhod unknss Ihe arraryement corismutes a fiTran?twJttaD5atr.K)n. where tr2nsaLtin Is ffeaswed al the pent value ofthe futu dIscnIed * a market ra of irrfft¥k. Firtar.c4¥ assets dasgfjetl as £1¥3b within e yew are arnorkn$O. Dere¢ognlllon offftJwKlalassets Financial a5setsa'e dereed then Ights lo eca$ trE asset eIre w are setded, v th)en IhB charity traislers the falK1a asseiar¢ subslarialy al risps and ithards of Iwirership to anthhgr £tty. rf8oTne sKJnrfi3DI [kS aj aTB relangd butntrol oflh8 asset h8 translerd t¢ anolher paty Ihal i5atrAe ro sell the asset its enbty ta an unrdated Ihird F4arty. -24-
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 ACctiNg polKi•s Iconmuadl B3sK financial Iiabilibes. IrJIng Cre(St0 a recogni at twsactiw prKe unless the ¥ranMent nsblules a finan(xry transgtr. where the thbl truLent is nsued al the Fesent oftt fure pBym8nls diswu11ed at8 nL4ei of Inreresi. F11 IlablilescJ•ssMed 8$ fk9yaJèffih ye8r 8re rnt •nortise Debl iTh¥Jutszie 5ubsequ8nlly(zrri8d ala¥Se CLrt Usry Ih2 effecli¥e inierest rate eth. Trade creditcfs ar&Ol9ationS lo payfrx 9d5 cs¥151ttat have been Ured in tre orthnary courEeof opèrationÉ frthr sutyhets. Amufits P¢fut4e are CdsyfiÈd 8$ rre liable5 rf Is dLÈWthin orÈ year or less. 11 nffi. thvrf are preSend as ron-cwreni i Trade credrtor5 arp nised In,J3lWal transaacf, pnce and sthsequently meaSUj at atised cost u&twJ effp¢the ter&3. [nethl. Flnan¢i¥l Iisblitses are dere¢owised rws expire crf are O&¢he¢ (K p&n¢4ied. 1.13 R•tir•m•nl bAnéfils P8yments 10 de[n <x)lrtJkw) befil ¥dwTse 8s ¥n ews¥ 85 Ihèy 1
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 1¢81 a¢19 ¢stknates Ad90 In the apP1j0 dthe thaiws rIe5. the TTstees afeTeryMred to makentheMents. eslirnates aTr assunWnS about tr trarry9 amuntofasstts ard Iklrtes Ih¥. are rK)t readly ¥parcni ftom othtt sources. The 8$bmates 8SgOCk8"AJ 81 D8sJ w ttiswKal 8xpeiwcs otner laciots thal 10 b8 rele4?nl. Acttial resulls may drfFer eSeestIte5. The estmte$ and assumpknwe an cwg ba5¢5. RevEi0rn5to acrwntyw esb.fftes are recDJnised in the PEtiDd I Ihe e51ifftale B respd reys afierts lY that pwx)d. or ul i$K)n and pèri$ tho curwi ¥'JIre p8(iod$. Museurn& GalleS & E¥hithSXKJS Tax RelWrnAGEfR)- 8ndRecyiit The chaty has exercised delerryIg thal 115 extwtx1TrsreI Ihe diyiblitycrikna for MGEfR in accordance wllh HMRC gUance. Ths assess cansAlerÈd.' F4JblK accw&5 to the eXtrbitKTh.. The ctharikn arKI ed31?al natLWP ofthe The I1n9 nalU ol •IrrJ ts. The r81418d ¢¥im 11 besutrThtl•J lo HhlRC posl to fin4 aA)r¢v4. H8ri1&ge AssE15- VarLvn Re(ogrw¢ The recxNJnoll of Iwritage 8ssetS In a keyiWMI as to the fair value of an ss&l rneasured relAy. whe heritagp assets have been recryThsed. esaleS ha¥e de detennine far ¥alue. i resp? ofdDDatsd itern8 Suth e¥.imal85 Je based [rrket data. WDfession4 Vauatio5, and m[Aris( With simiL4r itfnswhere P¢bssI)le. Many heritage assets a UDIqL In naDJre. have rn acDve rtheL and we iardy sdd. As In sOe c3se5, the trusl$e$ haveiudg9d that rdiablg yJa..# ar$ i¢A avad4)18 Wt1 IwfTirwJ (xbsl gWIS 8re trore not rats)yn6éd M the sh8t tat> In tht f¥)188 10tr 8CCJUThI$. DgPRCIalK Hentage Asseis Th? tyusts h8Trj1 If¥AI fl 1$ awopn¥ r". 10 dtOW¥ts C8tsiD asts on th&groU$ ihai t111 reSa vallle Ls not exped be MaterldtereI frcpm thrcarryirQaln( the assetrs are niainAined In condition mat VÈgéfyÈS IhÈ ¥ali. TThS1 bs reasses rww. lynpavFnentofHertyAssetS H8ri189@ as3els twe fur 1tTrFa'. 8ypnls in OTcuTnstsrHE suwB IhB cryIng amount may ncl be recover. The IrUS exerusefvdgemenl in assEssiTrJ Ihe rA)ndrt(Jn ar pMIued LEe of IN2se as%ts d2tetrninirvJ whptTher wlP Is rlied. In th• oflh& TnJ8le6s. n08sp4JmFthr6ccThry tha fuknrèoresthm8lhyi utort31fy 8fiothng ¥s86ty 8 liali15 at the b813ncesl* dale are likely b) rewm In a mawi aYiusbTrni 10 thwr carryrs arrwnls In Ihe next finanrial year
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 In¢wne fr(rfD dtxtallong Ind leg>¢$ Total Unrp5tricted Reslrfcled funds funds 2023 2023 Tolal 2024 2024 2023 DMati¢ns ar•J Gran151or CO ActMbe5 Granls fDr Pfoi£Kts 598.180 598.1TIJ 153Q24 466.510 289.655 289.655 93.566 402.387 153.924 466.510 93,566 402,387 598.130 620.434 1.2-8.614 289.655 785.608 DIx)81i¢ns 8rxI gfts irKludes man¥4w?l"$ oflhtr DrJ)8W Swit8s 01 £51.059 12023. £56,903) In Ine the chaleS SORP. 50 irdudl Is th8 valuo olgiw athork of£w.CMyJ12023.. £nql ¥vthJded Lhe ba&ncstr Induded In ()natOrd 9ifL% We t111$ £184.619 o¢Mw)r has £wventhe d¢nabon in ConatiOn ot specrfic propcts scn2 ofwhirh ¥ril t rA3ce in Liter yexs. InLt)m& fr(Jm trtradINj Act UnrestrlGt¢d 1lnrestrled fur$ funds 2024 2023 Fu[$9 èven 26.322 20.282 Inwme from Inv*sbn¢nts UnYtStsi¢ted Unre¥tricted lunds nds 2024 2023 InlereEI [lable 5.049 1.137
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 In¢wne fr(rfD ¢haTrllaWe acllYlli¢s Unr•strfctd lunds 2024 Unr•strlctd funds 2023 sa ofgD Museurrns & Tax Rdik¥ Th8 tin8 PLl¢ Art Walk CIC r&th8r9 1.255 94.433 34.615 164.9 164.C69 130.303 The credit ror Museum aTrJ GaTSTa reikf aF(sto an estimared £lalm for2024. DMng the year. the chawily 3V[8 Drt30.841 in respBth of th8 D18rDsalirvJ 8¥enl and Dffsel this amount againsl the raated exF£trAlhlfft O)sts Thi£ treab71 a5 Io ryErSt a far and nr Mead1)Y eW of the resuA. Exp•ndltur• on ralqlny ILmd¥ Unf¢te0 Unrestrfcted funds nds 2024 2023 Fundraising and publicrty omÉrfurtdraising ca¥&S 8.OTI
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Expendiwre ¢harltstyle o¢lfvllles Total 2023 2014 Dlrectcosts Staff ¢cts Elhibilion oJ515 Vorkshops and events 481.795 347.206 13.6D8 57.166 423,647 256.834 28.472 22.748 899.777 731.701 Sharn ofsupprKt and glance erJsts Isee nots91 StsKyo Govern)ce 129.275 7.520 133.766 5.450 .036.512 870.917 ArTralysis by fund Unrestrcted luThJs Restricted lllnds 36Q552 676,020 374.132 4g6.785 1.036.572 870.917 The atx)ve 8xpendilwe Indudes rnapag8tneTrl's asse55rw'. 1h2 ¥'ue0,fknaIed seMc8s of£51.05912023". £5S.#031in lirne with Ihe Clbariti&s tORP. These seftiii*s tsrodkled by and firms al no charge. The as5etl51 atewotks af art9ftl lottcharIty a It1 in ffix assets onthe bakin sfreet. Dunng the year, t0 Chaiily r8WVgd 5ra7¢£I ofry.841 in rfrspe¢l 91 Ihe Discosaliry 9ntand oifsel this atnounl agaD81 the rdatsd eXtte exiibikn (osts This trealrrwl was Idered 10 we8enta fair and mt mlealf3 ol the fin0n rfrwl. Sw)port a1 uoYvrrwi¢e rosts 2023 Depreaats)n Professiona fees IT crffice Gosts Slaff Iraifing r8tyuitw Acvert swig 3n¢ rn¥keti costs Gov8rn oJs15 7.716 14.612 63.661 40.9 3.787 1.7f 12276 7.520 S6.608 39.397 3.fj65 658 18.826 5.450 136.795 139.216
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 SLVPOrt and Yo¥•man c4sts Iconmuadl 2024 2023 Go¥erTr3ncp costs comwiBO: Auditfees Legal kYofeSsnal 6.625 5.450 7.5 5450 11J Mfyt in fvnds 2024 202$ The net rn¥emanl is stated allÈr C&Einglluedn9)'. Fees payabt0 th2 tharitys auttitor. - lorih8 8udil Jf Ihtr ¢hiilys Inar1 . fortay adlS0ry DepreCiatn ofowned tangts-xed assets knVjrttiun of 1nlangkn a%ets 6.625 895 4243 3.4n 5.450 4.192 10.420 11 Audknfs r8munratk•n Fees payab lo ihB aUditorj a55tKial 2024 2023 Fw audlt 88NI¢o8 Audit of the fnancral skiernertsoflhe dThty 6.625 5.450 For other sYi¢r¥ Taxalion Cornplian services 895 12 T8Xatlon The ch8ty Is exerytfrfth tsxation on al tts 1$ appw fOr¢h8ntsfr PLrwss$ 13 Trustees Nw• ofth8 Iw any ttrnI gny r•rnunwgtKM) CY b8n*fits g r. and rKJ ITu$ioes were txpwsÈ$12023"
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 14 Employe¢s The zver4e rnc•thly nunts af employees theyearwas". 2024 NLmber 2023 Nuner D•t1(ar m8n89•) In addikn. 2612023 281 tiTnE Youth (13 ¥veR eTTrpW forthree tr Ern¢YTht ¢08ts 2024 2023 Wages sala8 cial securty cc6ts Other penskin costs 437.088 31348 11.359 386.983 26.811 9.853 481.795 423.647 Indudl thp pa<1 costs aLVe31 fredaThrEfeesofÉ2ts.&fj412023 r252591 The nunerof ery)kiyees arwal remuneralion #rds more thzn £.D[) is as fc4bws'. 21124 2Q23 £60.001 k>É70.(YJD Thp salay bading iaee5 gD55 sary bulex(Jdpsoprys1 * Nl ltItyJbonS. Remune0 olkey rnxogemEnt pev50nnpl The remnallOn lincdIng EM[eVer$ NIC (X1) of key maThagent PESld is as folk5 2024 2023 71434 69.616 31
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 15 Intsn9ble flKed ass¢lg Oth Ttital At l January 3)24 * 31 Cembw 2024 11.366 6,0 17.366 Arnorti$atIr and impoirm•nt At 1 Januory 2Q24 Jnortwb¢Jn chSJTI frlrthe 6.820 2.273 3,6LXI 1,2(Kl 10.420 3.473 At 31 Dettmtser 2024 9,093 4,8C 13,893 Carryln# amoun¢ At 31 December 2024 2,273 1,2(N) 3.473 At 31 DecemDer 2023 4.546 2,4 6.946 16 7anglbkn flx•d a•s•ls Flxtur•B. ffttlng J¢gUlpr At 1 January 2024 Addl)n$ 13.885 1.567 At310•rAJmber 2024 16.452 D&pv•clallon and Impalmni At 1 January 2024 Depre(Aaln rharged In the year 7.T17 4.243 Al 31 Dt¢ember J)24 12.020 ¢arryin9 amount At 31 DecerTrber YJ24 3.432 At31 De*mber 2023 6.108
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 17 Herltage o$set8 Ariworks Valuatio Ai 1 JanJary 2024 Additsons YO.0 At 31 December 2024 90.000 The chafftty Is gtsteftA me gfftretew yearofthe abkn)tK imrwj spfin Dy bsI Eva Rottischi. This scuioure Is hePJ and m81nIned fN rfs cuttLwal ar$grIfCe arKJ Irn$ part ofthe nty'S fflron protrth Publ eng8Mt wlh the wis. The vtwotk is Interthl to bew pwmenity is aLfPSStAe lo bllc. Flxed asset InvE5tmerts T)tal cost or atIOn Al 1 January 2024 & 31 Dec8mb8r2024 Carrylng amouni At 31 Detse[ 2024 At 31 December )23 The ch3vtywa5 Gffted 1(Kl% oflhe slwe of The ne put1 &nWalk CIC in 2023. The hive5trEnt is IrKIe¢ ai Yalue. rknrth8r detai15 are iOWTr tNyie 27. 19 Debtors 2024 2023 AmowM9 lalllng du wlthln •r yew. Tr¥de dablO¢S unls ed by wbsid&?ry rtertakryS Olher deblcxs PrepayrrbBnts and aErAued in(x)ffle 112.975 63.755 8,925 63.496 6.201 211,479 337,654 142.377 Other debtrs IdeS t211.47912cr23.. È63.2961 in re5rodot PAu5eufft. Ga*rie5 and Exhibitions Tax Relef.
THE LINE ART WALK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 310ECEM8ER 2024
Zfj ¢redlW¥.' amoun¢$ falllng oneyear
2023
NDteS
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THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z3 Rests1¢tedfiJnds The restr fuN150flhe chaiity compT£the t)kn ofdrmatWSAnd gfznts held on trust subiecl lo SFecffic conditions by as to htsw tho.rw be At 1 laUary Transfers4t 31 Dpcembpv ZQ24 Oth Philanihrow Lld London BoTiwh of Newha London Legary DevdoprtI Ctn) Freelands FrAJndal)Dn s CwncJl E9[4(j R¢)Ih$ch Paul HAmtyn Othwfunds 103.923 301.489 1103.9231 1342.7451 412 16.982 25.664 50.195 116.9821 136.JUI 150.1951 150.(YX)) (18.873j 156.3581 11 18.873 62C.4 1676.0201 55. POu5 y•ir'. At l January 2023 InTra Tr51*r%t 31 Dty9r 2023 •xpendqd Oak Phlanlhropy Ltd London Btrixmjh of Newha London Leoacy DevdopnMI COTP Fr8dand8 F(xJndation OVB l&mon FatrhfLIII 93.566 118.513 193.5661 139.4641 138.8681 32259 1322591 Ms Ctyjncil England ITDbLrtatiesl .831 129.&311 FLrture LorKIDn (V111nYlSItd?l FOudat0 Future Lonthn (y1h Gubjesl St William Homes LLP Èrfunds 10.593 110h931 14.6 16.457 101.782 (14.6201 116.4571 1102.ti141 495.953 1496.7851
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 23 R•strictAdfiJnd Iconmuadl Funds for CorgA¢tlvltleg Oak Philanthropy Ltd represents trÈ aDnt olgant rwised fft respect of a r-year antIC¥3rS saLary. dirertaTrJ Indiretl rA>sts fix tx4ets. Funds for Proj8¢ LoThlon Bortwh of Ntt¥haTh Ls a Level[ Up FMd paenttrcn Bor(wh ofNewhan frxthree ctr(xynmissKX)S. London Legaw DevdOpt[tCorP a Wdntfor aleS Dfinthatiyes (DeTthce plSpaCES In ts LLDC area. Indudiry instEJlalK>ns, wDrkslKJps arKI Btxl 9uid8J IryJT3. Fredands FWndatil isa w.forvThxkwith youTrJ PEok4e iscJNyols Yuulh Guje513d Ihe esta)li5hrnpnl of 4 now Ymih coll. leading 10 8 pu¢ (Vi$i J Inviile M$ Ccwncil Engrtd to D119 p8rttymYs anJ 1[0 instJlaliorn 48$gnL>J by Rash8ed Ara RLthschild rewEseIsthe of granl IwJmE tecoyn15ed Ill reSP2Ltofa It¥Pveaf9rd1tQWdS salary. dire 8nd IfK1 rect for its pr(¥TaMTrK>of Wjrs c¢Mrrii¢MKq ¥vd txMYruThty en989weNI its E8s1 L(Thlon. Paul represents tre )L[ct #Kome rewised respectofa tweargranl ftthe Spaces Exre yoie¢t lo ¢wn8Ct sthcd5 to Lin8. oitwfrjnds fiJndirvJ froma nvmbw styJr¢es tr6'ds va1 byThe LiThe and fvther deta1& can befounc in Ihe Intdud)IS aTrd Tru5ree5'Anua Repul 35EII 350n Our bSitE. Tran5fArs These were made tc al$s"JJ1Wgas not nEt ty eIer restricted r<ore bas1 plected CO515. The traSferred arro hawe been treated as resthdEJ fvrKs P&Kkng firltiOn of tre projects
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z4 Umestrlcted luNI Deslgn•W lunds These desn31¥TeffieC11he tharnty"s tTnnMerttO financia IrAn and forward pL4nring. I d8$&nal fund# romain UrerI# elVeS J 81 truste6s' dwrntion. Transfor5 & rwla5slflcJo During Ihe ye8r. te charily Ir8nsFerrd ¥ t1 01£165.4(b urtyslri¢4l fu¥ to txxh r¥strKx8d¥nd funLts Thi5 In the tab beth4. Into thsiwatsd.. £10.(KM) alkxal8d to I1 Resilièn(E Furxl. ID Pthe dwity's firwKxal stabililyaTKI C(.ingenCY Oanniig". • Into designated.. £g9.820 alkx3ted ro 4)comiry. [Aard prr4ecls,' 3 Inlo rethrted ftr. £i5.586 In rdakn toexpe¢led $hyrfalls in th pro by restrftsed ld$ ss set oul in note 23. The donatiw of a hge assel lo fvchanty wrEIIK81 ltte reyewled by rell a5$9ts we no IDfwJ8r D8 ar8 th8f0 reThd ftom gwal fUrS {fr88 re5et¥esl. Tolal untestrictsd lund5 have IrKrea%e¢ £247 J29 to £62fj.070 as setThrf In Ihe follryiry ts tsbk. OfihB5e £319.345 rewEsBnts tree Er0% gEnef* w5&. At l January Tr•Mtorn &4t 31 Oocémboi 2024 RlOn¢& Jlotsbd Plect$ Flxed assets 1C4),( 110.000 99.820 56.905 99.820 96W5 fund5 "47.i28 813.620 13792921 1262.3111 319.345 247.328 813.6>) 1379.2921 ISS.Y561 626.070 pleOuS year.. At 1 January 2023 Transfers4t 31 December pendgd 2023 ReIK8n(¥ Fwd funds 88.212 1¢J),774 11.788 112.&201 100.000 147.328 441.377 1382.%>31 441.377 IS82203j 1832y 247.328 -37-
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z5 AlY$ ol net 0$8et$ fvnds untr1ded Degyna)l Reskncted 2D24 2024 2024 2024 FU tsalar al 31 DKerthr2024 are 18presenlEO by Intangible fixed aSts Tangiblt asge Heritage a5sels Cwrenl assetsll1la1lbe) 3.473 3.432 90.L 00.820 3.473 3.432 go.0 529.165 319.345 319.345 3Cf.725 626.070 UnrEstricted 0oignayJ fu Restyicts furts 2023 2D23 2023 Fur ba13wes al 31 tleLVTbei20YJ ar& 1apwsw) by. Ton9ible 355ets ¢wrenl ass11111bP5l 6.108 124.274 6.108 234.274 1W,CMyJ 147.328 1QC.(MYJ ?47,328 RalAd party trartsactlon5 Tran5aGIIon5 wllh related partie5 Dthng the 8fth tharity eni6rl wth feL4ied rt.. In the yearThe Art Wak rnie knnel d1ald itsthKlary PLbKMWak CIC (ttMI'c') £nl12023.. 4.31518TrJ bva$ r43thged £nil 12¢23" £25.618I ID-8wt aleXpeditu irtuff8d. the yearthe CIC thnaied £6.357 120ZI.. c7.1x) to ttEdwTity. Dmng the artwOtrUees donated a tcrfai £2.(x)012o23.. cffle (knatea £10.CO)I to the ctArhy. In a0. a donalb)i of £1,gK) 12023.. E10.WQi aThY Serye$ o, e5.125,'2023.. £9.)re received in ihe year frun a charitable founda a%(•aled *ith a firm a Lrustee IS a Fathr. Theia were M other par)ns1n The .
THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z7 Subgldkrlo¥ These finanuzl statements ale sepxatecarty ststernentsfof LineArf Wal D•tsi18 olts thariVsguttsMjryaI 31 2124 arB as fdkTWS". N8me of uTrd•rtskin9 Règr4tor 14¥bJts ol bu$ine4$ hekj DirBrt Indirv ThB Line PulAicArt Walk CIC Ejr1 8tKI IbWal darts Ile> Ordin&y loo.) The aggregate eaptt81 r8gyes 8fhJ the resull fw ts year ¢1 ltte subsJl8ry edjed frtyr ¢cv)solbJèth)n re as frAIow5.' ol Undorta9 ProfiVILo&¥l and The Line Public Walk CIC 1(K) The invesknernl in thB VAS transferred to the (riLY at£r¥l c05t li 2QZJ. ZU Cash labsorf>¢<l byllgen¢rated from Z023 SurrAus lhe year 378.742 58.342 AdJ"usknénts for.. Invp.stment iamE re¢oJrused in ¥alemepiOff¥rlal acD%ilts Gift In kind ¢f hag$ gss8t rttsOn Irwa wmenl ofvrtaryibl2 assets and IrmnOftIèffixfjd assots 15.0491 3.473 4243 10.420 4.192 MovoNwts In worklng ¢opItsI: IlnGreasel in deb15 Irease in credrtor5 D¢¢ra8seYincr88 •7 dthTed IrKJ)Y 1195.2771 10.637 1255.1641 48.750 187.146 8$h 18lJsothd byll9AnArAI fiwn 1148.3951 192.932
This d(l]ment was deliwered iising elecrronic communications and authenticated in accordaiice 11th tlie rcoistrar's rnlcs relatiiig to clectronic fonn, authcntication and mannlr of dcliN'iry undci. scctinn 1072 Df thc C'ompanics Act 2006.