Charity registrabon nuTnbor 1190073 Crmnwy r•gibtratlon numb•r 123v1￿ IEngL4nd •nd wa￿$} THE UNE ART WALK ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 THE LINE ART WALK LEGAL AND AOMINISTRATIVE INFORMATION Gharlty numbèr (England and WakS} 119￿13 C(vThpany nuwnbvr 12392899 Barty nda ChamtW5 (Treasurer) Siladevi Chawda Hcmard JaKts. Fabll 'Gw} (Ap￿t￿j 18 Marcth 20241 (Appwtel 23 July 20241 Iw8n [Ap[￿leY 23 July 20241 Nabi.-I ￿￿￿31 Henry TW[r￿S Pf Jace% LLthi9 Sc S￿*￿er9 Farr* Wasr IApwLwJ 23 July 20241 (Apwted 18 klaych 2￿4) Appwby 18 March 20241 Pr￿¢1paI athJresE Pkp¥81 Press Centre. Here East 14 Easi Bay Lane Lorth E20 3BS 4glstAr•d offic• Third Ro 104-1r￿ Slreel W1J1LP DSG AwJ* 43 Ca* streei L2 9TL Bank&rs Baday5 Bank rd¢ LE87 2B8 THE LINE ART WALK CONTENTS A from t￿rchair A ￿EsSa[¢ from our C￿rOU Trus*. Tewt 4-10 T￿t￿ra￿S rèv*w Statoment ofTwst*s' r&s￿S•￿￿1￿1 Indèpwdent rwrt 16- 18 ststement offinanu* BaiarKe s SiatemBnt OfCa￿ 21 22-39 THE LINE ART WALK A MESSAGE FRChM OUR CHAIR FOR Th7E YEAR ENDED 310ECEMBER 2024 l am delighted to share you aur2024 knnual ReFxxL In 2024 our Purpose lo dwTwalise lowl. 4wNluiMty8rKI drm(wlft)ii￿l in g rgng9 of elweries w". IAye dèkils are Irl the-Ihlr￿￿￿Ir CfyFouYJ¥- th81 hyluws. but 8t* I would like ￿ call wi here Megan anu the-.eam sfThe Li* del'4weJ 3 rtmter of in the >tar inGU(&r¥ our first CO-coThmissws de¥ek￿￿ wrth k￿1 reS￿e￿ts in Newha￿. tre fi￿1 of Ra5heed ￿aeer'S ￿SCosaIh￿g *I￿￿Try n88rly SW 10 •xpww* arf In ¥ ¥wy diif4JWt and aThJ #ur first trxpwierttr 8rl youlh p￿￿ment pragrAmmes. The ￿ne 0lsL)w￿red tsf1StErf￿. EVE Rrfhs&ihfs Liviw Spnry. whlch has Instdled an Line *ntÈ 2021. f&iowino aVeryye￿r￿￿1s d￿alLy) a kjnktum swKMter. Chfists2n L￿tt. vve estim* that to￿￿1 on ThÈ L￿￿ was 5.5 rndion n 2024. uridÈrfirdr*J its s￿N￿C4nt p￿lt iryacL Ltsokry ahea. as enter uurtenth annNer5ary yE?r w 2025. we are excited by the (p￿￿1￿25 fofurther devdop The LIDes impxt ID Ea51 11$ w$ilion as an innava'.or ¥nd in lh¥ PLÈA￿ art $P8¢9. Al gslng timg, Ihe ￿ntinUed wesswe 0￿ furkdry for Ihearts l *YAJkl liket0th￿ thank all ofttK)se'Hha h8¢e sJpported our work In 2(Y24 Ihrough donatknns orby hdF and athrt￿. As The Llne conlknllÈs la w. Éo does its anrLa core cost base and 1115 MnForfanl thatwe to ￿Crease susta￿a￿li￿ by dee￿￿g axl droerstyro Irwme streams aswell as buiPJ ng our reservgs. you ￿re oftha M8hy po(Wo I￿t walk&lTho Lir* cd in ￿ of(wrmanyw8k$ orèN*nts. twk you In part￿lar l ¢•¢JuIJ like lo ff￿gn￿e those the U>.com￿l>sl0fti￿ briefs frr t#￿ new works In 2024.. Helen carn￿￿14¢.$ Qn Katie Schw¥b's a + a fenGe. bal9￿Ja wl. Wl aspeth Ip Th¢ ¥wrk Al Th8 Line. l arn ID be SUPI￿￿ by a hswd-MMkiD9 atKI dilpJeDI P4)ard (rfTrUs￿3 &￿e last we welcomed a fvdher Ihreelntslee5. Arn3￿2 Charnbet& Thomas Kathx. and Tom P￿. I vI￿1d Ike lo eypress my gratitude to Ihe whole &Jard for IhErrAJntinue¢ hdp and Of course, all (rflhe trMtWJ5 llTal will sge sol￿1 ￿ tl*s rerKwi¢kiThA happsn With￿tdear ¥i￿On ￿ a hu9e gmount of èff*fvfrNn Ihè Ta8m alTh& Liry•.tOWWth ourfre¥¥rters and &JA*s. tottkgnkth¥m. ThE ye8f. i￿￿jh. l *rant lo dose slvt r(*¥wwitria t¥Ag Woundgr. Mggw) Piper. E¥ly 2025 w8 anrnur￿ed that. after 10 year3 a￿11￿ 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 V*hisl true to rf5 ￿TKhse HowevEr, l %%aDtw closethis reiry£w by Ih*kiny MtyaD f￿eVErything 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 welC￿e lo annu4 repNIfrK2024. The ￿ne Artwdk {reteryl to inllM5 rep(xt as The Line) ha5 an importarrt year in which we h￿e delivered s(wne of (￿[ trwJ51aTnL¥liJLs and ex-brg I￿￿￿￿)75 ID date oui eDgagPtTr￿nI WL¥k ws conllTru8d Its 8xp8fKI In IKAh ils tx¥adlh d8pth ￿k) al ofwhaivrt) do. Th￿ r8Wrtf8at￿9S Njhlights from our Èxhibitson aDd ewagement progranmÈs. Th8 Line delwers a ￿>￿￿1￿ Dutdoor exhibiknn pr(NJrammBv4here eNwyone can expkye art. Tralure and I￿rita95 for free. Vve knus on (x)I*(￿al￿8 engymevl pro1￿ts thal andI8aTnW￿. as as p￿Id1￿ OPPElrtutMknBs frr y peCP￿ to develop thlls ar￿ iryrttve effl￿￿￿1￿.. 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¥ wt*l8¢ 8-.011 8*vrffitr8ntin Ih8y •XI$I ￿*1￿￿ C8mmock S Pl**. On WndT.'des. *mrnec tr￿ corn*r$￿￿ ryovemeniw￿ mgBih)Tr. cwr wnection with waler3￿ the tran9￿0￿ 3nd Iransformation places. TIE res￿11￿ wk. 5pannvvJ a ra-12 L¥vJgp overtr RiwerL¢a. itrrélly ￿ fiEu-abvdy wn%ts e lo¢sl ￿r￿se¥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 peOP￿t0 knk up and reeroagewrfh Ihelr surrrAJnoirys. In aldillon to these Installat￿ns, we werethr￿￿ tofwiierwrcdlat￿aIKin thp Phasp Z and kn w(¥k lor# group5 and tnembers of the public lu presen". Rash8ed Ata8en s SEmnal wtx% Dj8c0s￿ry. A ￿llet or, Walw Co[￿elY@￿ In 1910. W8s tho fir?1 ih*affjsi. 8g$d 89. had *Itn#$￿ trus nWitali4* ewotalth) ol Y4at8r. fgui8s fft08li OD d￿S on thaWaleppK¢k5 Riwer. vAlh the LC￿dOn Aqllabr￿ Centre as Ihor b￿rOp. wa5 an LntorgettaNe eXpsTw￿e lor partciFani$. audierte members. and the peope WI￿ came 8t￿$ fv ￿rtOM)8n￿s on a str)11 IhroJgh Queen Elizabeth aynpic Park. Itserrfed as an le1￿1¥ o-. L% pry*er of urExpeGkd enc￿nter$ 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 Comm￿s¥jI Ihal s IhE cukrm￿ai￿n Df With/ln'KsN8. our iyJfo-yEarco1knal￿n wflh the National Porftait Gallery and LO￿1￿ COl￿e of Fa*iOil. that be￿ in y￿th edlec￿e STMI expk)res representalK)n In Ihe duital and public rea1TnSthr￿gh a wTrteTweta￿r ofa Vicr(¥ian patk befKh a5 a potrdilure The commIss￿￿ as been Pner{￿ElY SLFKthed ty Fredarts F￿￿131￿ ana for Ftsknre Ltndon. Other regularewagerr*nl twarnmes akjw Th8 Line (x)TrtitM￿ to gofrom strength kn $tr8nglh Our learning program￿ brw3hl hu￿red5 of I￿1 tr) Thp Lir* and yofeSs￿l￿al dÈvèk)￿ent ICPDI workshop5tratwe ¢divered in Ociow 2023 resuted ID 92 learhe% Walk￿ The ￿￿e- in a d3y.- In February. I'm ddvJryled Ihal w h3￿ bEen awarded mu &year fun¢JiTrg I[(￿Tr Pau Hamlw FouTrJal￿￿ todewlop our wk ¥Alh ihrge IOLXI pri￿¥9 s¢hool$ Ihrough ¥ pro￿ c￿e￿ Sp8¢8 io5xK4ty¥." PwssK, Crg8kn8 OurvRIl￿I￿￿ wak5 to serve those 5e1Pth￿d. asy￿11 a5 those ref￿[ed Ihrcugh GP5 and 50cHI pre5Eribing li %vorkers. and engageffle￿t with lacal M￿r￿rts refimw Ihr(xNJh Prax￿. helping l￿MdUalsfe￿l r￿re c{￿ride￿t and lo'.h81rl(Ka to eath. We a50 de￿e￿￿ (Trkx>sl8d wdks with pather5 CDr Crearive. WandÈrersafCdour. IFS Ck C4b* Car. 8kning wmplel$d its fcal 1& t¢ 21.Year￿lIS Ttris years rnh0rtengag￿ Krylh tPO￿SandS0f Vlsliors 10 The Line and. ftr the firsi bme. thew th¥n guKJed I￿1$. We ha¥e gy)è on K frire wny oftt*m to suppon our wellJeing and WOr¢￿p$ This yea.: * al￿O￿￿e- ¢vr fvst elW￿GeoP￿rthIfy lo Year 10 slvdty)ts and eryknyÈd d trreÈ-yw velerdD of the YoJtr Gth Nugarnffje as ￿[•￿￿jgura1 pawj Youih Pl*yMni. i ¥rn you will enioy reading more ab)ut fvxpwi8rK8in thi% report. THE LINE ART WALK A MESSAGE FRChM OUR CO-FOUNDER FOR Th7E YEAR ENDED 310ECEM8ER 2024 Our re5earrh partner5tW25 ¢x)nlrue 10 strenglhen. ITr a￿lit￿)￿l0£<￿3b￿atr￿ wblh Lon￿ Metropc4rtan u￿￿Sty 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￿. 1x1￿j th)￿reAper1￿e Nl the f*kl to rnewwntiients. In digilal r88im, ourr*8th 6xp￿enD41y, èiiww knè its 8n9a98 w8 do. CIO$8rto our route. we are continuing 10 cc4labor•e wlh UCL Easi.-th s yeEir tsr MS¢ ITr cr￿a￿VE Healh aswe l as wrth ￿Ule0t volunteers to undertake eihntyr4bi- rese21th trrLgh on The L￿e. tra¥e also eStsbli&h partittship Wilh tr)8 Univwsily ofEasi Lon0￿ and (Th oltrwr FThD Si￿10￿1$ io p￿￿baSed 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 tsa1215￿tfLv 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 h81F￿3d u&to reach Ihi5 estone. Vwe our sLc￿ss to all cllhe artL%ls. parans. pther5 sU￿rters.￿￿?5e co￿rtMEnt enaNes our ambitions to bectxne a re7AIty. Thp Line's Sutr￿ ￿ under￿nnEG by yOwger￿￿￿S suwt ￿ I want ￿ si5n off with a hugeand hg*NeH thank ￿. Mog•n Pipor Co*tyJndÈr & Dlr*¢t•r. Thè Une 22 May 2025 THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) FOR Th7E YEAR ENDED 310ECEM8ER 2024 The T￿St*S we5ent ￿r￿U31 rep¢xi and finaThial *aterrwts knlbe yE￿endEd 31 Da￿￿er2D24. The fiian?al 5taterrents been prepzred ￿ ac07rdar￿ew￿h i*e am￿￿tilY￿ ￿￿Set In note 1 lo kne fina￿￿ ststcmtnts comyy %•ith the charrty's ofAssttatic¥). tre C4JmpaDics At: 20￿ and"A￿t￿nting Reporting ty Charilits Staw*nl of aF*li¢*le IG chari1￿$ kw8iing thsii acttNJnts In *o)r¢8rK* with I Firbancial Rewrfitvj Sta￿arnA ap￿Icable In I￿ UK a￿d Republ￿ ol Irf4arwJ IFRS 1C2I:eYectNe 1 Janua? 20191.. Our tharrtabk o*ec15 ihE diheats aTyJ ￿ttU[￿ antl ts ad￿￿Ent ITr lh¢￿(6. We Iransiate Ihs Inio a PLYpose rg dwn(watise axess ￿ ar. ethanciig OWLunity and wellb*ng. g ¢eliver OL¥ Fljrpose ￿r(wh o¥r All9￿￿7 io ￿1￿1 inspi￿. and ￿MunI￿$S. through an a￿￿￿0￿5 oulCth)r exhib tson arwj ewagemeni wogamme expiN?artar￿ nature forfree alow Easi Lo￿￿,$ Val￿$t￿ set Ihe w in *th¢h we vhy* all Of0￿S1#ehokJe￿ a￿. We vlue an ar￿ nuthnro IDwoThThJle c(Ibbcntson. ￿0)Vity and ￿tIlbeIry'. We118t8rb 10 leam frtyn Ihè pèoplè %* wth." We believe ￿ ihe transfom*tivè IM￿ of art anrt fftaurè and ae cthnmiiied to attss$ thrO￿h our programm￿ and challwg ng banwStoparbopats￿. our4￿￿1￿5 conliDue lo fu￿j5 our Exhlbitlon Programm4." up of IDans 01w￿kS frKxn ab5L5 ￿ galleries. coNHyJlssKL¥ll5 olsilwcifie proj$¢i$ ￿al to lh* uTwue ty)it¥AI ofTrY8 Liw. ¢ts¢omm¢s¥iO￿ Iliai ar¥ $i.'(9*p8¢ifi¢ PTOi*¢ts. develowj me[r￿e[S Df thp W cortwruryty, IPat re5pJTJ ID thB uriqueconlExl ofThe L￿￿. Thr6 year. follo44ryng a very generixts d(￿alKIn. we (￿rfirst Liwg Swrvj by Eba Rothsthikl. EtYgeM￿t ProyrammÈ". INS have hJrtttrdebtlOFee OLYefVJEwemeMyograrfMne aP)w tthe sepafa strands. Wrhin L#amlngwe have hekl s(*￿￿4 a5 wdl a53lrKo The Lme. provhling an InspiriThu ¢uldoor dassroorn for cros$-u￿￿1ar1etrr*r￿. Throuyh our Ileallh and WeJlbdny r￿.i￿ts. have SUprK￿ local resthwts lo ￿￿eSS The for *mpmed ht8Nh tsui¢omès. Our Yotyih W￿l0y￿1**r￿l ba8 Wpgotsd F*OF4t ￿ ￿¢•$5 ￿1￿ ty¥ining w£¥k as Youth Gu￿esd￿ln9 Ihe sufflrtw rwnths L￿9 WwJel. C￿labOr￿￿s'. We irntiale calat￿l￿Ms￿l1h CLdtLral. and ttThrnnitypartners to dE¥eW ￿nD¥Al￿e 8n9a9ng prolrtL% lo th6 r88¢h Imw ofow prcgam*. Pub&c benefit The Twsi885 h8ve thJo rtyaffl ￿￿anCe iS8L*J byll*Charfty CtsMli*Sh)n iné•)dr￿ which acb¥ili88 Ihe thfirity shoLld undert•ke. Th8 Lirn8's ou￿£￿)r Ins￿11*￿￿$ provije fw*¢tr¥s ty art yeai-rtyJrwJ *d erwaag￿l with known lo benelh Well￿ng. 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 hmiry a r)etaPh￿ for hutran b8havwr and Ihe rnoverrBnl 91 peOe. A n8arby d￿ptsy calmr￿L.￿.ure3 rota'.rg 18xl-bBsed bWDrKsoTr pap8raealed by c4)mtnJnity rnember5 durrg wadttrs a7 xcorwanyih) ￿￿ry path feaiLresiw)sawJlke shapes pr¢npis for engaging with tre Workar￿ landsc3Fe. The cosa￿L￿. A B&ll61 on WètErby RÈswed ArÈeÈn. ThÈ Line 2 nwrbÈr ofkKal pathtipate In Ihe PErfrm)anLÈs- kncluoing D￿. Glyn Hopkn AbDey Hub. V8A E8sI- as as wDers clthe wblc. In each pertornar￿. nine participan15 fkjaled on di￿ a￿d WO￿ sai5 in Lthurs tral eL*1)￿lAraEen's bdd ￿lPtU￿￿ aThJ painted works. Six 3￿[ninut8 perf(ytnawe5 w8rF hdd C¥￿ iho coJr5B ultre day. adieDres to fjypeTrenc8 Ib￿ unique. tn8ditaliv8 part cipalory Womiants on Ihe Walerthxks in Qjèer El￿eth otyrn￿c Park. SessirKs were ￿lty tM)oked. wrth partiipan15 describing it as a very eyperriBr￿e. thal'pu57ed my bDurNjar￿s'. Onp ye￿rc0[rfftented that it was a rernin(Èrrj.￿ In)JrtantTre ijre Is aThJ ￿al a.aiwx le50L￿ l- Is 10 ts local are?.. To develop the disc5. The Line worw cbse y With hageD'5 at* wwliss al Arup. B￿nI was Ihe first li￿e *rti*l had wth*)$8ed thi$ r*Ji(*l ofit in 1970. 3. Our L¢arnlng prggr•mffl¢ In J)24. our L￿nIng wwrarrwne soughl io knzl stLthnls' arKI tead￿T5. with and benefit fvorn Th LIDB. Vltreryg8d 447 $ludeDL4. 107 ¢dr¥fw4pJ 18 ofoulthK A5 y￿11 as continuing ID frost groy, ￿ éelwerEdthe ￿arOf txvtTuing professK)nal d2v2lDprybEnl ICPDI workshopy lor 108¢hor8. ￿￿th lethts svbsetyenuy '￿ ng IF￿r tsw) ol T* Lin8 ¥Jtlh thoir stUde￿ts, ￿￿h￿y7￿g Ihe wnpacl cfour eff-rts expweTrtialy. We alsa hosted Year los￿ents exp2[ er pl2￿Ment￿¢1he flrsl In*. alltrt*Arg them lo IvldeffsiarAJ W an organl¥tkn *￿s. iowrtto ttyÈmystyueatNe career pal￿ways. THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 SuFwted by Paul Hamlyn Foundknn. aTr irrwrtzrrtw￿ INbativeth￿ye￿￿￿5 the L￿ch of ourlvst rnthb-yearprLiEd ￿th Ihree Igcal prThary scFth8. SpaG9S to Pows in Learning will rr4olve atbsis wotk cos&ly with le4Yth¢rs and lo shape a ¢olaixKatr* wts-base¢J (¥(4rWnt￿ thal is th&SIg￿ lo t* swjfioto t% needs ofeach sd)001. ye3r Jso savi Ihity YEar8 5bJd2nls Atup avd Interna BEING IBl*I En&inEe￿ in tre Next G&inwaiKml 10 t￿￿0[￿a￿ ¢AÉbr81* IF* pMx¥*rofrJe¥ir* 8*1 arfiwcthinkws si?en(È 8ntl *￿In•snn9. inyghl$ knto STEALI csreer paI￿￿¥3y5 for5tudents conskleriwtsr GCeE-pbDns Takw ￿SheeC ￿￿en.5 work as a sta￿ng FM)Inl È evÈnittsJktiÈ fonr ol a Thand>on ervJinÈÈrirvJ tratÈxVtred sc*ntsf* tyMItiPles¢xn Inlom, and are often cpnlral to. aTtisLc practiTr. JartiGip8bng sI￿t￿niS as'fbD 8n1Brla￿l￿ IDlisign ID art ervJinepring link, gnd thal rt'hdped lo und8rS1a￿ [r￿￿e￿rt[wlneerir￿ s￿1 it help&us in ￿rdalty liv85. wlh ottr￿S 5a>in9 that it tne iDspirBd my fthre 4. Our Health and W8llb•ln9 ￿(￿￿ in their thir¢ year, Thp W8llb•rwJ W8lks*•th8 (￿lYoNe1 or1￿1r kir￿ ￿ ￿￿J￿￿¥1 promole COnn￿￿)n IhroJgb a r.othinalion ol art. k)cal knerrt￿je. wgagewent With nature Devp.l(yd in cnnsullalon ¥tyilh ple5[￿berS and bGal GPS, thp walkswrnknnp gendp MitNlfulr*ss exeiGisp5 and nalUr￿l￿spIred aGli¥ilies. In 2024, e delivered &) walks and have Wekxl￿ed ne￿) totLo*i'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* t￿nectIff0 wilh n￿-.￿re. a de*_perah8reiÈss of Ihè ¥)c81 Laidst2FÈ. and devèloping trèalNe $kJlls. In 8dJiban, the walks re(luce loThYire55 through SQCiai mteracbon ar* muease Inllr(IduJs r￿fid￿ce In Ihern5plves and ovwnership Df th￿r surp)uDdirros. 94% af this ￿artS3tten￿es rep(Mted IhatattetKliry wdltHngwdlks had a sustained posrtive impad OTr the1[￿￿11belng. Mryth 1Q(w￿ Yeptrty1g that Il rrade them rrcrfe brrt Outsideand cfy)nett ￿lIh Wl green spaws. Aryerdees also shared thai Ih¥y ¥pprwi¥twl LJ¥iry kwvl* ¢>[ Jll ¥rKI ba￿r￿n￿¥, th#1thg w4lk¥ Ix¥¥lwl a sen¥¥ vf IwWin9. kVrti￿￿lWIY Ihrough being in 8 gioup ID 2024 th8 of fifty Wellbeiry Walks andforty tr￿[5 èqU8ta to 1 470 tn1￿8 walked S. Our work ￿th youny pPo￿B In 2024. we corn￿￿ed knTth year of ouw annual Youth GuK*s trytamffle. local ￿Ung p80p￿ 18 to 21 trom Ntwham. To*r Hamlets. Grtenwci. Haekw. and Watth8m F£￿e$l We br￿?￿ned rc3c*. thrwgh Socia m￿18. oUrwet6￿te. scttcds. new partnersh ps ￿￿an￿at￿S 11￿t0 The Line ￿ cnn*er5atix thè on d￿ky. V4'othiro in pairs next to (fifFereni kn51a lations. Ycw.h Gude5 a150 54JPOrt wayfirwjing act¥S5 kn ity. cO￿U¢l SLwvey5. aTrJ dI￿J55 ILrAI nalure herilagÈ th the public. YO￿ ￿￿je5 recw*d 3.290 1rier￿ti￿￿ rs and they also I￿ iwrs of the route lie fit51 lime n 2024. Olier(vtyomJnitses rdLwJed as351w th1t￿ tre ol Ka￿ sGh￿ab'￿ (¥mTn1s￿l￿. a Gbud * a rhce. suppthing ￿.￿￿-0$Y l(A] slKs of FiastrÈed Awr s DfisLosAllr6. ￿ a ¢reatlbEfram buldiry day with s¢JJor Adam vWiliam5toex￿￿e Collab￿alive￿￿ ofwcX￿ GMles akn attenced three haff-days oftraining on fir5taid, pu￿ speakiw, nav4aknng wublemabc behawxr5 In the tBaltr. Go￿ Safe9Ja￿￿g. arwj ￿Sta￿lShi￿9 sbargd mmUn￿l￿)nS beharnr swolotxts. Thts year. we akn real sed %)urfist pahl Youth PLacemert. wr I*￿￿mnmernt ￿ 5uppothry bcal ycLng pets￿e in Ihwr employrrwrt￿VrneY$. Lvee rywkns. a forrrw Youth G￿e aThl Svpepffjor lth) fKstioinetl the vok¥amffle ITr 20211 gained valja￿e I￿ Line's (ffKEerv1r￿tt￿. s-thiny waruJus".eam tnenber6. Throuth hiE Iwne with u5. hB 8L%o d&Ve1r￿ LYNK (The Lin8 Youth N&tw(Kk knw•k>Jgg'. v.1 be thmni young who h8V riixpaiÈd li tsury￿rth prts)*mmÈs. 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 pra￿5. a London cha￿ty wortirg nurant5 and refugee5. With funEirg proi'Ked by Keois ATey. Thp Liie's Ini￿se¢l￿5 DL4 sial￿￿5 51arJrg PQinl ￿ hdp Pa.￿GIp?￿l% devE4op c￿[￿len(* wilh aiNI ￿aY[l￿1[￿ 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 Fr￿e Sculptjre Fourh Plinlh 3nd Sculthxe ITr ￿ City tr>ddi￿r a wbwtpro9iamffle ofE¥ents. lnitsa￿ve engaged cv8r2.eoo paTbcipanl3 thrryjgh tIKirs. and pthirTrarK55. Blc4Jrnberg C(mi1￿ts ser4ed as th8 ofticial d￿lt31 parfnerfor th2 second year. unityns al parmersthruuTr their apps dynamK dignal g￿￿E A h￿hlIght olthe weekwas Ihe sold-out pJblic deidoped IbrawJh-hD Line 5 tesearch partne￿hIPwr.￿ CRL4TURE ITtre CenlrefDr c￿ativ2 Art3. CullutE5 and En￿￿￿emB￿lI at L(￿0￿ Iktropclitan Uniwwwty. Tyi5 year's eweni >D￿h1 rewBsenlali¥eE fro 811 fwr LS'N partne1¥, as as parti•patw artiys. in a Par￿-￿s0￿￿ eApk*ir9 diffeient t￿teX1910- 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 En9ace￿I PrtsIL￿ef fr£¥d￿d to Kow to pA￿C￿ate In SPARK. a festival of iaeas staye¢J by Colncil In HtrVJ K(KVJ lo Fro￿￿ excratyje bttween Hong Keng the UK Their ovenl. enli1￿d.l￿Sldf Obt" Fbil￿Al..5 Wfj lth ng. fealutyj ¢ wkskoos tyr￿ a ￿]U￿ta)le ekntni through which part cipanls exDlor￿l ho%v Wb1￿ art ctaty) ￿rCe￿I￿5 Lrfenv fLY￿￿ts. enha￿￿ wellbeing atyj contnbul8 to a more fDerdly indusvtr èXperiw￿ of cili&s We dvédoped a numberof tsALaLKstabYe Èvents to b￿￿ aUd￿ts$ arvj ts SUpP￿t9￿jpS to P&ilitate thwr ovm mis*rx)s. Thi¥ inGlud&l A walk deYeknpÈo in pa￿.The￿￿1p *ith Reya MusewMs G-eÈDwch art ￿ar￿￿{*￿t￿. an organisttion aimirng to 1￿C￿8Se 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 M￿seuM. 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 Co5￿Unity olMY>rnen ￿ Lormkn seekry to cOnneCtF￿5. attÈndÈc by 70 panKi￿rtS. A cTrh05ted gUKIBd IDui of The LIDefrurn io North Greenwch VlarNJwet8 ofc(￿r 3 mmilw to WCi81 I￿gh i)Tprowng by 41 ￿rt￿lp•nt$. Two Yicl bcing walk5 with IFS C ca￿￿ Car aTourvJ lkncrvwK* Pcnin5Lla fcw MunOBy. dL4ivcrcd bya ITaint m1ndlu1￿esS practiiv)ner. alLeThded by 25 paniwar4s The Lkne £lsL)fartrÉd part￿the r￿￿e far tkÈ R￿n1r* thd olfiW* C￿ate Rday. lkv&contirMi￿ io wsilh $¢ad$nN¢ partftws In a of ways io b8tt8i und81￿an¢j Inip8ct ol Lmir fft)rk 8s well 8$ offering The Line as a rn(Kl* and 511E researth These i￿￿le 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 Lonr c.rEa:IvP. inspirat￿￿ and wellbeing. Over the course ot 5everd ￿￿eKs. IK)5-Ed ses5KK￿ LCF 5￿CentS and wrtia￿nts the local CDtDnunily In Poplar. The grwp ewoted The Lirbe3 twteand CTEated ￿lai￿￿atIVe altwork5 InsF41gJ by o4Dlhe5. comw.unily. kinc Ca1￿ctiveski[les. THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 RlsktactQf5 The mDSt %Wil￿t rtsk f￿Ang u5 a5 an are.. Fundraislw and 8 failur8 10 rn891 fLndraskno larg8ls. Vffilst In 2D24 %W*sucuissfulty ou" fundlng fJrt*r. th￿ is pressu￿ ffl arts fuDdirrfJ genera a￿1 es?D a d￿￿[Se aTrd sust2iDable fLDdiTrJ base rernal￿ a prftKIty. As W￿ do ncl for ourenyaGeTEnl proyanw￿e5CreXthib1kn￿n$. tr* neeo to swjrefunds k5 Iikdyro remain a top risk lactor lor The L￿e. Slaff Ga￿ltyartI a mi5matth bet¥Aeth resrAJrtEs and anknlts￿.' We ￿ve exwded ¢)urteam to Increa* capacrfy. and we c3refuly r￿￿eW ￿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-th3rFn￿nal OllA￿eL￿D & GaI￿r￿ Tax Rel￿. Totsl expendilu'e in Ihe E1.0SSL12023.. £87￿1.￿ oran irwiancx* recovwy relHted to an evgnt of £31k in Ihe year{2￿23". rn11I", We thereft￿e booked a the yearof £379k il)23 £58ki. HI)bYE￿[thE inrluded Ihp artwk wh hag twi &)Ixt¥lisod tyf£90k 8nd * *x￿￿￿On*1 ￿Ve1 IALtseun &GalW* T¥x R¥lipf. 11 ￿$0 £100k of fundrg for firturo w9￿S not in thg Of[￿ricA9￿ ￿ts. AdssuTrBtgd has 9Stablishgd lor t￿5 anount to ring.fencetrefun0sl￿its re*v￿. ￿ett$. The wdetyiiy surFAus befve tax ÉSk12023". of£36k The desijnaled Resir￿ntt 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 ther￿a￿al PD&tion are set0￿ in Ihe F￿ar￿1 Revw *Axh ￿0W5. We have an established trad¢ record of develop¥w ar￿ d21Neriw arnbit￿￿js and engagement progrdmrnes, V4hich has supparted Ihe charilys fv[￿ra effcrts gr(rwth. In 2Q24. I￿r￿]rais￿ actitrrues were ca￿UGled by Th8 Llno'$ $laff support$d by gxl¥mal c¢1￿￿n￿lIS Al w.rAl1èS thè Codg ol FunC1r¥￿I￿9 Pr8clic No complaints were recew¥ed recarding fJrKtrai5irKJ, Ihe chagty I￿5 wo(xxJwe5 in to ensure tt*tfundr2ising 15 etfwcai. Wilh Ihe ap[M)￿tr￿8nl of a Head of Devekyr￿nI and Devek)Fwr*Trl C4wdIn￿(H in 202). th8 ch￿ty 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 re￿￿nship 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 b*nce5 on restr￿ted and dewHted lund51 tyual to betYRen 2.5 and 6 dbudgeled ex￿￿{￿ru￿eXth4J￿E xoiecL. thrwgh ￿[￿ts. A5 end of 2024 Frgè R￿r¥￿S IG8n&ral R898r¥8si 0'£315K I2Q23. £13éK! 7 ￿￿￿'S ￿¥¥rfor 2025 t￿￿991$¢ cosl And 90 Sit Slighuy above this range. Howev￿ the T[l￿te&- ￿rs￿ertrat s(xne cllEse T5errfes are to be ulili5ed in 2025 aTKI not exrE(12(f25year erKJ reseNesto be at*)ve raroe. DurYvJ 2￿24 p5er¥es*Ere ma1nrared￿thn mis pclicy. As of31 ￿t￿b8[2024. Idal fur￿3 w8r8 all were f626k13)2i". £247kl ￿kn1=h ￿ an iDCtFas8 01 £379k overtTre year12023'. £58kl. Wilhin ￿nre&l￿t￿l f￿￿ts. the Trustees have d¥nated £11Dk12023'. E100kl tD a F¢eslien Fund lo Safe￿ard the tuture activitEs of Ttre Lwie and £1(x*t?ts￿d u￿(￿1￿￿g pry4ects wh￿h 4Yere subpctto spetrfir bul urwestrirLed (hJnalDn5 In 2024 £9Th rs ￿nd￿g of ￿E￿ a55els. PlaM forfviure perlods VV$ atrbibou$ plans for 202) ￿ boy(￿￿ wll M-8cw)t SLttess*s ￿ c£llthra".1￿. lo in¢re¥$8 th$ posth p￿1 we r¢*ke l(Kally I￿￿Ugh actrietyprwotin9 er￿Jage￿erl 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￿￿ cty￿￿e Park I￿51[￿ne￿ trom 20231.. The laJnch ul a sc￿l￿tur￿ CL¥￿[￿￿0￿ by Rasheed ￿a￿en (TrcJJraied AJup Pha￿2. The laurch of a new phokn9raph￿ ConrrA5si￿ by H￿è￿eAJr￿rt￿￿. Cr￿CL￿ale￿ WI￿ Anjp Phase 2 structurè, governance Managen￿lI Th8 t*arity 15 a COMp￿Y ￿T￿lled by ywarrtee. Thp T￿￿￿s, who are 31so Ihe diretr.ors ftxthp wvposeof UhTpany law. and who ￿er￿Ed during the year and upto the dale of signaturEof Ihtr financial staitynents we &J5an Bart¥ Arnanda Ctrkatnbers (Tr￿Um1 &18devi Chem￿4 Ho￿7r¢ DawJer Mthle Faul (Charl Ivan Harbaur Thtymas Kath)r Ngvy)t Mangal HeNy Thonas Pn Ja-Ek Luth￿9 5carso Diana Sp¥Egelberg Far￿h Washash {@Jwxthd 18 March 2024 IApwMnted 23 J￿Y 20241 IApp(Arntsd 23 Jlty 20241 p(¥rnted 23 20241 IApwrnted 18 Mart* 2024 {Appr￿rnted 18 Marth 2Q241 ReGYuilrnenta￿g app(¥nlnTenl uftru51885 QU81rfy￿0 Tru*8es areaprKx)ted by &dirwy Resolutth. Su*pd to earl￿r lermiTratK)n. Trustees IK￿1 offKE for a penLKloflhree ye¥s arvj ttrM5tErm may be[ene￿I. THE LINE ART WALK TRUSTEES. REPORT {INCLUOING DIRECTORS, REPORT) ICONTINUED) FOR Th7E YEAR ENDED 310ECEM8ER 2024 The T￿St*S ha¥e txrtaldthe charity3￿1 ts w¢¥)ety atKlfurKI5. During yegr we ourarlhyes thi that Th￿￿1￿?￿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 TnT￿t￿ are mernbws of Ihe cumpary H 911*8ni8& townin￿lia r1 ￿ Ihe *v8ni oraww7d¥￿ wb. 0Tgani$8tr[￿éff slwctij During the year. The Line's 8eniOrrnanauw￿ tean fvE rr￿t￿b￿r5OIStafr. Fwnder & Director Suskwnetslily ano DKecic* Deputy Direcl Head ofEDgaj￿nI Fin8n¢o 8nd Qper¥lior6 tlir¥ty In J*uary2025 we enrK￿nC>j thai the CtrFoundera￿ Lile(i¢*￿ill SW frun in m￿.2025 ar* t $u¢r*knJ#d by tho) Dwty Dif9C￿. Audltar DSG 18S￿n& as wdilor on 15 ja￿ary 2￿5. DSC AudittAfxe ￿p￿*￿ted ¢Jn 15 JanU￿Y 2tr2S trpthe ￿>￿nY &nd É(co￿anCe wth sectK)n 485 of theCornFaD￿5 ￿£t2(￿. a pT(wwg thatt*y be ￿ppointed will be al netsl M￿ng. Dis¢lo¥ure of information to 3udiror Eac? of the Trustees has Cl￿rIr￿￿d is inrc¥rna￿ ofwhth tw a¥rare isrelevanl lo the BuilL butof which Ihe 8Ydrt￿ * unaw8rfr Tr*y h8Ye f(••wtxnfm>l they tskw apwo￿th slep¥ i) I￿nity SLKh rd6v8nl knformalKfft and to eslablish t￿tt* audrftt L5 aware of such IThfrTh3￿n. SnMII ¢ompany proTrA$lons report has been P￿￿Ed li wilh ￿￿￿la1 pro*FiDnsrebbrvJ cunpanieswitttin Part 15 ofthp curn)anI￿ kl 2W6. The Tw8taes' w8S ¥WOV*J by lh& B(wd of rtuste&8. Arnanda Chambers (Tra￿￿rer} klthde F￿11 (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￿ L￿ter￿ 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 ￿S0￿5 (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 w￿e £348k120ZI". £256kl and i￿Ude arKt ￿an￿lI¥j rAsSts. the E05t Df Irdn5Wtation. Instal￿1￿>￿, and iD5urance, and a￿Y arri51 IBP5. The extribrtw co¥i net Df£3-k [Ecp1￿ fgr ar Insurar ¢18im r￿￿StOfa tsncdlwl trven'_ Th* rdects wea8&J ￿Vity ￿ 2024 wth thre$ i151allatsons I￿pIete￿ and a furfher Ihr*e ttJmmer*irg duriry tt* rf08t. Within costs fDrbJndraisitWJ. SUPPWt * g>¥erna￿e of £137k12023 £139kl. the bwest costs are prDfess¥Jnal fees of £64k 12023.. f57kl. oflthitth E38k 12023 f47kl [￿dd￿98. Ifarmy offK* ￿£4(￿(2023". £39kl". and ra￿ng costsof £19112023. £8kl Dor￿1•￿ Se￿1 During 2.?24, we [Ece1h￿ donaknl Serv￿￿6 ftutD B PUTthr ofwalued 1tDrfjXary￿ I￿1 atKJ a￿hrt8GLu[al 6eNcesl. The￿ havè reduced tre èxtent to we ha*e neetsl lo ￿eNe8 kn fund 0￿rat￿￿tie￿ In line With the T￿Ul[er￿ents ofThe Charit￿5 SORP. r￿ar￿rI￿￿￿s asse55fTth ofllE valup of Ihese ￿ incI￿le￿ ¥iithin ￿1￿ incoTne t￿p￿ditU1& rewrted thve. The Lint h8s ¥dso ft(Nr g0fter￿ts 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 re5triE*8J grants spem ID arXordan￿￿Ith budgst$ as •sreÈd Lwth th* fund8r 9X￿ncltLré s s)*nl In *vnh x xnmal bthywl A¥8gd th thè 8o•rd of TNstees. EXF￿nditure15 reV￿d rrKJntrty by Ma￿age￿￿TrI a￿d quarterly Dythe BDatd DI Tr￿. In 2024 ¥¥e IMP￿Ment(￿l a 1TrNBst￿t to n)gxwise ￿terest 1hr￿gh ￿¥￿S￿9 in A pr%rfokts cash Savin￿ aecx)unt. CasP investrnent5 atE held ID FSCS PTDtectEd ban£axow15 arwj aP￿D¥ed by FrAfKE. In¥￿th￿r￿ta￿ Risk CrxTrmittee b) ensure they Meet ethtal Uitèria Lad In the prAw.. maximise ￿trums and are accessible to short4erm a￿1￿1 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 T￿st*s, who awe akn Ihe direc￿ ofThe LI￿ ArtWalkf(Ytt* purw>se c*cornpany law. are for weparir¥J Ihe Trusiees, Repurt the ¥late[r￿ts in ￿￿￿¢ar￿￿ at*zi4e law aT￿ Ut¥lBd KIn￿D[￿ ACc￿￿ting Slatyjards Iuii ted Ggner8lky A¢(*ptwl A(X￿nJ￿ Pr3wel. Corn)any Law reqt¥es Ihe Tnts*es 10 Ffeoare fi￿r￿>?1 e&h fyi•cKel ye3r*hKti gve 8 tnje and fairview of Ihe state of affairs of Ihe chanty and ofthe I[Ker￿ resources a￿￿￿ation of resources. wlcknd￿9 Ihe ￿CoMe and &Xp￿dI1U￿. ofih& ch8riiab￿ ¢ompany It* thK41 ￿. In yÈparing th￿fir￿nth1 statemènts. wu*e(I to". . s￿￿1 5Ultable 4wxounbry pdKxes ¥¥KI the￿ 8tW ￿)￿s￿.. - observe the methr*ts and princw in the CharitEs S(WlP. - Thake1￿jg0M￿nt3 and 8¥timalpylhai ¥ie 8tKJ wudBt¢ - statèwhetr*r applicthle UK AccJ)Jnliw StaThJards hawe b￿fOlk)yrtd. sub￿t0 any materfa tkpaftrj￿S dtscb)sÉé aThl explained In the finarri* Slats￿nts'. antr . prepare Ihp flrarthl Sr8ten￿)ts orlthe g(*¥J (J)rw 1$ Fiaprw01e lo prewwt 1hat Ihe chwity contiryue In aaer31K>n. Tru$i*s ar* re¥ky)gtAtr for a¢¢wr￿ty th81 di%￿ ty8sonabl* a¢wraty ai any tim Ihe trar￿al af the chariLy enab￿ lo ensure".tAt Ihe finarKa slate￿e9ts cfjtrply lh8 Comp￿￿SA￿ 2QC6. They are akn reswn>Ne low sattgJ¥din9 tre 3>sels clthÈ Ch*ity aro t￿r￿fOrt3k￿u reason8blÈ slÈp>for I errents kiearh finaK¥o1 year vhich gwe a twe and faf vthv of ihe sraie of affair$ Ollhe ¢h8rty and ofth& in¢*n￿9 1¢$￿jr¢8&3ThJ ¥P￿￿¥￿0n (4 r&>)ur¢es. Ihe and expenditure. of the Chantsb￿ compony fNlhal Ye￿. In preparing the5efinancial statemen15. the TrJ5tees are reqtjred >).. - seled suitable ￿coUn￿ng pdicies th the￿ Ihpti cor•.. - obsatye lh$ mdh(￿s¥￿j prints￿¥¥ i) Ch*iwJ8 S￿P". - rnakejudgements and eslimales Ihal ale a(￿ wudenL . gtat*wtte￿r applicthle UK Acwnliry Sta￿Jards hwe ￿￿folk?￿￿. sub￿￿ any m*erf* 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 th￿ly*ll Con￿rn￿e oper*KH). Tha Tw&tÈes a￿ re¥P￿9￿￿e for •Jequ* accwnbrvJ rwords ihat disc￿* with reasonat4o atturacyat any time Ihe f￿ar￿1a1 ol thetharity er￿ enable.them EO h31 fin8f*ial $blgrtYts comply ￿1h ihe Comp￿t$ A 20(6 Th&y are also resptfi*￿e foi £éftrJu¥din9 tre ￿the ¢h¥ity art herf*for iakry *¥son8ble Slepsfor thè pre￿￿liOn 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 l￿fI￿arK￿l sratemenls olThe L ne Ar111181k jthe'yarilv If[￿ tre year enc& 31 Decernber 2024 *thich COMP￿￿8 Ihe 81alem8rrt Trffinancial activrfes. sbeet. ts sta*￿T￿ olc3&h IkThsaThJ nu18S to the fnaDual st3tÈrnents. iiduding signfficant Etc￿nI ng pahces. ff￿_rtng Ihal has been appied in lie preparation 15 a￿￿1(a￿le Urwted Knwkxn A(XAXJ[ri[￿ financ4al ReFDttsng Strndatd 102 The Finantral ReFvrtNTg St$.wrf*ytl Jn UKand RgpJknTG GI1￿18[11¢ (Unibd Genor¥ly A¢£*ptèd A¢cwntir¥ Practice) In D￿n￿n, Ihe financial Stat￿ents.. glyp a truF ar￿ tsiw vie%v ofth9 stste ofthE thartsblB cumpatrfS¥ffai￿ as a131 LIetw[￿Fr2o24 and uf ts resour(*s and ap￿1[Xti(r of resOililts$ forihs&udk orth$ finfvno ststemen15 sedion of our repart We a￿ Irdwknl ot ￿Ectory ￿ a(xordance ¥%rylh Ihe ethcal requirwxen15 that are relevrdnt to Ou"aL￿1t0fI￿e nar￿al 5taterTr2rt5 Ir the UK. the FRC 5 Ei*Kal StsrKard, YR have fum111￿ our other ethical resKV)ngt4libes in acco￿￿ tlw rwwifw7Wts. We Ilkat the athlii evidence we have obtaine(l is surric48nl ar￿ apprEJtYia18 to pro￿de a basis ￿OL[-puI￿￿. Conclusions relatiny tog￿n9 conurn In audiJns the fnancra ststements *e have co￿L￿e￿Ihal the Tw5tees' use oFtrE ba$E ofacrounbng in the piep3ralion DI th8 finawal Stale￿￿13 is awKwaie Based on Ihe wark we performed. we have kIe￿e£ material ￿￿tal￿tieS relatry to 2vent50r cond￿￿5 that 1￿MdUallY ￿ coll8￿1￿￿￿￿ may c251 SWI￿.. (bjbt un the thary's &lity lo as a QD ng c4JncBrn I￿a p8riod Dfat legst mwlh$ from when ttTefinarKaal ￿te￿)L￿are forissue. Our respOnS￿lI1￿eS and the reSkTr)nSi￿IthSo1 Ihe Tws*es*ffjh feswikn 9oin9 corttm are described •i Ihe ￿￿8Th1 sectv)Ds 0ftr￿ rep(rt Oth•r Infomia￿oTh The other Inforrnaiion CQfflpr￿es the infoinaw in IIE a￿al than Ihe finarrial Statements and our audiknrfs fftp)rt th￿￿0￿. Th8 Tr￿l￿e6 aTr r&SPL￿bI& furlh8 othEI wry1aiT￿d ￿th1T1 IhE annua r8pDrt Our opinion an fnancw slaieYN>nls nol the WKI. ¢￿p1 ti)Ihp e￿ent dhemise &X￿l¢ify slated vi rÈFrfKt. we do ml expres5 anylixfftdassu1ary(￿ CLr respcfsibilry is la read he IAher nforThabOD 8nd. so, ccthsider wheihertrt oir*r i1￿Mall￿ ￿ matwials. Irtwsieitmth Ihe finankniai smewents or our knowledge ¢*)￿1n￿d in th¢ ￿r$8 of th8 8udiL ¢y ¢0 be mai8rBlly Ifwe Oentily such rnaterBI on&$ien¢￿$ ￿ appèreni ffj8ts*al mr68tatertW)is. we are ryur￿l lo de*rrir* whether ihis giver* [￿e to 8 mèteritj mlsst4tém8nl i? the fin*)cts￿ slal¢rnon¥ It. Ihe v*)* ￿ have condLkl9 that IhÉre Is a rnaterial m15Statement of￿5 Other Inf￿110￿. ¥e requrnl J) rEW.Ihal f V¥e have nothiTg toreport n this regard. Opnion$ Olhor matw• pr￿rI￿0d by thè Caffphi•$ A¢t 2W6 In our ba5Ed un theYrtJ* utNkrtaken ￿ the cwr8e-fowa￿r. the given in IhÈ Trustees. r8w)rt finarr01 year'or th the ststwnents arÈ preparad. Indud8$ dir8dors' rewrt for Ihe pwpctses tsf)yn￿ry Iw. i4ty)sstentwith tsfinarno81 atst￿ents, gno dirE*lors' rewrt ¥idud&l the Trustees. retxxt has been Wep￿r￿1 in atxord￿W1th ap￿leat￿￿ Wal rewireTnents. 16- THE LINE ART WALK INDEPENOENT AUDITOR'S REPORT ICOKllNUEO) TO THE MEMBERS OF THE LIME ART VIALK Ilatter9 on whkh we ¥e r￿qU￿¢ lo report by ¢x¢epllon In the IvJhl ofthe knowedje and ￿tH￿￿nd￿￿j irftke th￿lty aTh1 ils en¥1roTh￿￿i(thtr n&J In the fAxYseofthe a￿1¢ w8 hav8 ￿rA Id8ntir￿ tDalerial rni&ststfwnenl& ID Ihed t8dcx3' r8sxMt the Tw8ipes' repixt. e have nOth￿g to report n resp￿ nTBtth In the cornpan￿ Aci 2006 rtyuir8s us to portio you rf. in our opirlty)". adequate axUun￿9 re(uds have rv)t bEen retLWll5*uatef(fOLY ajdit have nulbeen Fdc8Ned fru branches nol vwled by us, or Ihe finawal swements are Thji li ￿reement ¥ViL1 Lhexo)unthig I￿OrdS ￿ retLrnS'. or certain (th'sGbsur850'lTuslees' rernurbe¥alKn by Lav mwje". or WÈ haVÈ not ieceved all thè aThJ rEqui￿fOr (xji auorf". or Ihe Trustees were entitled prepare Slater￿nts r aL￿￿a￿ witr small comp3ryps regime arwj L4ke *Jvantaye ofihe $m811 exen¥Y*Yts in KveDanr9 trt TrLwees' 8nd from Ihe ieqiJit￿Nt 10 epsre a Strateg￿ ierth. Rwponsib4iti•s of Trusl••s A5 eK?lained rnore fulty in the ststwT￿rtof Trustee5' reS￿￿S￿lI11￿5, the Trust￿. are akn the directors ofthE charity hy t￿t purw9eof1y￿*￿Y law, ale wparsitAe the ￿e)￿ra1￿￿ oftt* finan¢i81 stsiement$ 8nd for betrig satisf*J 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 cOn￿Th disdcsiryy. applicable ￿￿terS rdated to goin9 and the s(4r5 CCYKErn b￿5 ofaccouilin9 unlesE the TruEleps eith8r 10 liqudale the ¢haiilaNe cornpwry ￿ 10 (%k88e(wratiws. or rwe ￿￿tiC *lwnafve bul lodo $0. AudIt0￿S vgspofbsibllitiBs forthe ￿dIE of tho f￿r￿la1 stat¢Thents OuroDjecli¥£S are to c&tain roas(nabkiaSs￿[a￿ aboul finaiaal stalemBnts as a ar&free from mRterwl mlsstaten*nL ***therdue".ofoud aThJ to an a￿)r.0-S retscrtmat opiNc•. Rea￿Trable as￿rance is a high kvel ol Jssurarce bui i% a W¥ran￿e thai an auan condJued r ar£ordanc*with ISAS (UK) wll 8l*ays del￿ta rnateiial misstalernenl ¥y￿￿ it exisls. Misslate￿en￿S can ar￿e frorn e￿araTh￿ ale c¥x)sidered malerial If. Indi¥.￿UallY or r th8 899rw.ts. Ihpy COU￿ re8$￿8￿4Y 8xr*d&110 tay￿m￿d￿(l8K￿ Ofuse￿ t*en on ts basts of Ihese fin3nci81 ststernents. The e￿ent lo w)Ich our [w￿re5 are capable of¢eteclvig vreguLHriW InCI￿J1r¥ fraud. k4detrIE￿ telow. Capability of thv audil in detKtin5 irregularl1￿. fwawj Based on di￿￿0￿S Wilh tre (*arty'5 fflan￿eThen".a[KI thp TrLSIp85. W￿ thst the ft4ltMing and r￿Ul¥tiOnS *e $ignifKsnt lo the enlity". Tb05e law5 and regulation5 Cons￿￿Ed io I￿a￿￿eL￿e1fe1t(￿the￿￿aTVia 51aleThe￿ ￿dude UK financHI repOrt￿g stat¥tsxt$ and Cyrity Law. Those laws and r￿ulat￿MS lor nortrccffilpkr￿ fjwbefvpd8meMd to 1he or£raring a¥Ètts ofthe thonty snd therefore may have a material eff￿tcfi the 5ta..e￿erts hidude ComFla?￿ wrth Ihp chailaNe objecbves. Denefil, fvrdra51ng 5ategLaidry atyj hethh awj safety *g.sbakn. These mallers y￿re discussed theerKpae￿￿rttearn at the tlanThrvJ skge atxltt* tegJn rernaiTr2d a￿rtfr) ncthcompliance throUg￿￿ttr* 3￿rt 17- THE LINE ART WALK INDEPENOENT AUDITOR'S REPORT ICOKllNUEO) TO THE MEMBERS OF THE LIME ART VIALK Au(*t pro￿￿u[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 ra￿vant iegtl totr&spon Trust•• Fa￿11 Ichairl Cowany re4str*oi number 12392896 IEnLlarKI ￿ W4esl THE LINE ART WALK STATEMENT OF CASH FLOWS FOR Th7E YEAR ENDED 310ECEMBER 2024 ZD14 zo2J Cash labwbe¢ byyggngrat9d frDffl 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 fina￿Cial statements ¢kn Trjt I￿r$￿ale-the r￿￿5. a55ets arK of1￿ i*)arity5 wholty owned subsid￿ry. The Line PLkn1￿ ￿￿kArt CIC was durry thB CotwJ i¢ated acKuurts havo nDtL*en weparBd as s&wouk1 not be m81grialy ditfwt frw enlrf¥ finw¥ sialetrew.s as pre$anled. 1.2 Goin9 concetn Atlh8 11Th 018pproMw st810rYwts. frustses ha￿ a r•8swbl* ￿pa￿9￿n th81th8 th8rity t adequate re31￿￿&9..0 watioDal exisiÈrttr fort￿eth lrtwtr. Thus Ihè Trusièos (XX)t￿Utst0 adapl the wing concern of aCc￿ntI￿j n weparro the ststemÈnls. 1.3 Charftable funds Unrestrcied lurvjs ￿ availai4B kn us8at Ihe furttwance uf thEirchantable ￿"e￿[￿. De*orat¥d funds ale ￿_ iw set 8sde by Tru818es foran 6$¥*n￿81 ￿n￿ (*fuiure purpose no form pwtrof free reserves R8strict8d fthndg aro) *j￿.￿ io ¥xTrtsn¢¢na SfAVKX5 a￿d ¢knatEd faolit*s ale fWtMsed on the basis (rflhe of the gdt lo Ihe tthaity whKtr IsthE atr￿￿. trE d￿￿tyWOU￿j beEV wiIfjTvJ to payts}otla￿ orf￿Al￿￿5 ofequNalent economic benefit￿ the open mart8s to th8 finanty¥J ￿8t￿8ttts The chafftty does ro¢¢Épreoato h8ritageassetswher8 rt15 the chanty's pc* to fftaint8in at* kyeswvg such assets in p8rp6￿1ty and wh8re their residJa value Is(￿S1￿ to be al kn5t ￿U81 lo I￿e￿(alrying atmunt. The trL*ees candLKt regLdarrev*ws fr￿eVKIPn￿c* InVVTnpnl a(Ius1 the c3nyYgvalue rf necessary. EipondibJr8 for r￿nt￿alC•STha rw11￿ a$ *s8n asxtthj ar)￿l¢prOgr4r￿MO 1$ inc4￿￿ ufyler charitable Ècbyitiès state￿e￿I olfinaDco1 actr41 THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 ACc￿￿tiNg polKi•s Iconmuadl 1.9 FIMed asset InvestTr*nts Inl8r8sts in wbsi4i*ies 8re init*lly me8sur8d Subseq￿￿11y •1 COSI ￿5$ 8n>' auxJmuld*d Irnparment losses. The ￿veSJnents ￿e as5e5sed for 1rrpaYTr￿I al rewrtmg date and any iryairment losses ar reVe￿alS of ￿paI[r￿e￿I bsse5 ￿e rEcogtwsed in r￿1 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 ac*Trrili25. asset invesurwtsare initiyly wasured at tran￿1￿7 twe exclLKJiThJ transactiLW ￿t8. and 8r(* sthsequerrtty measured at13ir value at E￿h date. iTrfawvaue are rerA)JniS￿ ￿ rEt InCom&'le￿end￿tseI for the yw. Transacts)n afe eywtsec as inoJThed. 1.10 lrnpaivThrrt Df fixgd Ate&h 'ewiirvJ end dale. the djarty￿1￿￿ (3rryirvJ atrowts imangibl8 assels lo delewmine 4¥h81h8r thei& 18 8ny.n(11¢81Kn IN91 8s9*1$ ha¥e ￿Y￿ed •) ThPOimiert k)ss. If¥ny iThJtstion 8xi$l$, Iho co¥er2trAÈ armuit r*lhÈ asset Is estrnated fft ￿￿er lo detefrnine the extEffiI of ttie mparrnent1O5s Irf any). 1.11 ¢a$h and ea$h equiva￿TrI$ Cash anc rAsh equrvAlsnls In hgrd. d8Fo￿t5 hgkl atf£l th ts￿ks. otr*rslK)rt.tgrm %(WKJ Investmgnts With ortginai maiurllti kYththsL*less. atVJ overarafts. ovethfts are borrtrhiws in cwrent liab1h.￿0$. 1.12 Finan6ial instrumty)ts The cha￿lY h88 81￿1￿ 10 ap￿Y t￿ p[ov¥sic￿ of 11 IrtslfumEtrf8' s￿)n 12'01her Financial Inthments IsS￿S. 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 an￿￿￿Trts $￿eSeThted in Ihe finaicAI staternents, when ￿re ￿ a legally eiforceab* rightto sel off the recognised amountsarwj there isan Intefthn la setlle￿ a nel or Ip teali tt)e 8nd th•11th1Sly &mularwwty. Basic financ￿1 a55ets Basic finarKial a56ets. whvth and cash aTrJ bank baarKe8. are inrfk4ly tnea5Lred at transaGLDn pri Induding tran8a¢b￿ cosL% and are at ttbsl IhA eftedrTr. intw&i melhod unknss Ihe arraryement corismutes a fiTran?twJttaD5atr.K)n. where tr2nsaLtin Is ffeaswed al the p￿ent value ofthe futu￿ dIsc￿nIed * a market ra* of irrfft¥k. Firtar.c4¥ assets dasgfjetl as ￿£1¥3b* within ￿e yew are arnorkn$O. Dere¢ognlllon offftJwKlalassets Financial a5setsa'e dere￿￿ed *then Ights lo ￿eca$￿ trE asset e￿Ire w are setded, v th*)en IhB charity traislers the f￿alK1a asseiar¢ subslarialy al risps and ithards of Iwirership to anthhgr £￿tty. ￿ rf8oTne sKJnrfi3DI [￿kS a￿j aTB relangd but￿ntrol oflh8 asset h8 transler￿d t¢ anolher paty Ihal i5atrAe ro sell the asset￿ its enb￿ty ta an unrdated Ihird F4arty. -24- THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 ACc￿￿tiNg polKi•s Iconmuadl B3sK financial Iiabilibes. Ir￿￿JIng Cre(St0￿ a￿ recogni￿ at twsactiw prKe unless the ¥ran￿Ment nsblules a finan(xry transgtr.￿ where the thbl ￿tru￿Lent is n￿su￿ed al the F￿esent oftt￿ fu￿re pBym8nls diswu11ed at8 nL4*ei of Inreresi. F￿￿1￿1 IlablilescJ•ssMed 8$ fk9yaJèffih* ￿ ye8r 8re rnt •nortise Debl iTh¥Ju￿￿tszie 5ubsequ8nlly(zrri8d ala￿￿¥￿Se￿ CLrt Usry Ih2 effecli¥e inierest rate ￿eth￿￿. Trade creditcfs ar&O￿l9ationS lo payfrx 9￿d5 c￿s￿¥1￿51ttat have been ￿Ured in tre orthnary courEeof opèrationÉ frthr sutyhets. Amufits P¢fut4e are CdsyfiÈd 8$ ￿rre￿ liabl￿e5 rf Is dLÈWthin orÈ year or less. 11 nffi. thvrf are preSen￿d as ron-cwreni i Trade credrtor5 arp ￿nised In,J3lWal transaacf, pnce and sthsequently meaSU￿j at a￿￿tised cost u&twJ effp¢the ￿ter&3. [neth￿l. Flnan¢i¥l Iisblitses are dere¢owised rws expire crf are O&¢h￿e¢ (K p&n¢4ied. 1.13 R•tir•m•nl bAnéfils P8yments 10 de[n￿ In tht f¥)188 10tr* 8CC*JUThI$. DgPRCIalK￿ Hentage Asseis Th? tyust*s h8Trj*1￿￿ If¥AI fl 1$ awopn¥￿ r￿". 10 dtOW¥ts C8tsiD as*ts on th&groU￿$ ihai t1￿11 reS￿￿a vallle Ls not exp￿￿ed* be Mater￿l￿d￿tere￿I frcpm th￿rcarryirQa￿ln( the assetrs are niainAined In condition mat VÈgéfyÈS IhÈ* ¥ali*. TThS1￿ bs reasses￿ rww. lynpavFnentofHertyAssetS H8ri189@ as3els twe fur 1tTrFa￿'. 8ypnls in OTcuTnstsrH￿E suwB￿ IhB c￿ryIng amount may ncl be recover*. The IrUS￿ exerusefvdgemenl in assEssiTrJ Ihe rA)ndrt(Jn ar￿ pMI￿ued LEe of IN2se as%ts d2tetrninirvJ whptTher￿ w￿lP￿ Is r￿￿lied. In th• oflh& TnJ8le6s. n08sp4JmFthr6cc￿￿Thry tha fuknrèoresthm8lhyi u￿tort31￿fy 8fiothng ¥s86ty 8 lia*li1￿5 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 cha￿leS SORP. 50 irdud*l Is th8 valuo olgiw athork of£w.CMyJ12023.. £nql ¥vthJded ￿ Lhe ba&nc*str** Induded In (*)nat￿￿Ord 9ifL% We t￿￿111$ £184.619 o¢Mw)r has £wventhe d¢nabon in Con￿￿atiOn ot specrfic propcts sc*n2 ofwhirh ¥ril t* rA3ce in Liter yexs. InLt)m& fr(Jm ￿t￿rtradINj Act￿ UnrestrlGt¢d 1lnrestrl￿ed 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 [￿l￿able 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•strfct*d lunds 2024 Unr•strlct*d funds 2023 sa￿ ofgD Museurrns & Tax Rdik¥ Th8 tin8 PL*l¢ Art Walk CIC r&th8r9 1.255 94.433 34.615 164.￿9 164.C69 130.303 The credit ror Museum aTrJ Ga￿T￿STa￿ 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£￿trA￿*￿lhlfft O)sts Thi£ treab7￿1 *a5 Io ryErS￿t a far and nr M￿ead1)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 ¢c*ts 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 g￿l￿ance 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 art9ft￿l lott￿charIty a￿ It￿￿1 in ffix￿ assets onthe bakin￿ sfreet. Dunng the year, t￿0 Chaiily r8WVgd ￿5￿ra7¢£I ofry.841 in rfrspe¢l 91 Ihe Discosaliry 9￿ntand oifsel this atnounl agaD81 the rdatsd eX￿tt￿e exiibikn (osts This trealrrwl was I￿￿dered 10 we8enta fair and mt m￿lea￿lf￿3 ol the fin0n￿ rfrwl. Sw)port a￿1 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 kYofeSs￿nal 6.625 5.450 7.5 5450 11J Mfyt in fvnds 2024 202$ The net rn¥emanl is stated allÈr C*&Eingllued￿n9)'. Fees payab￿t0 th2 tharitys auttitor. - lorih8 8udil Jf Ihtr ¢h*iilys Inar￿1 . fortay ad￿lS0ry DepreCiat￿n ofowned tangts￿-xed assets knVjrt￿tiun of 1nlangkn￿ a%ets 6.625 895 4243 3.4n 5.450 4.192 10.420 11 Audknfs r8mun*ratk•n Fees payab￿ lo ihB aUditor￿￿j a55tKial 2024 2023 Fw audlt 88NI¢o8 Audit of the fnancral skiernertsoflhe d￿Thty 6.625 5.450 For other s*Yi¢r¥ Taxalion Cornplian￿ services 895 12 T8Xatlon The ch8￿ty Is exerytfrfth tsxation on al tts 1$ appw fOr¢h8nts￿fr PLrwss$ 13 Trustees Nw• ofth8 Iw any tt￿rnI gny r•rnunwgtKM) CY b8n*fits ￿￿g ￿r. and rKJ ITu$ioes were txpwsÈ$12023" THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 14 Employe¢s The zver4e rnc•thly nunts af employees theyearwas". 2024 NLmber 2023 Nun*er D￿•t1(￿ar￿ m8n89•) In addikn. 2612023 281 tiTnE Youth (￿￿1￿3 ¥veR eTTrpW forthree t￿r Ern￿¢Y￿*Tht ¢08ts 2024 2023 Wages sala￿8 cial securty cc6ts Other penskin costs 437.088 31348 11.359 386.983 26.811 9.853 481.795 423.647 Indud￿l thp pa￿<￿1 costs aL￿Ve31￿ fredaThrEfeesofÉ2ts.&fj412023 r252591 The nun*erof ery)kiyees arwal remuneralion #rds more thzn £￿.D[￿) is as fc4bws'. 21124 2Q23 £60.001 k>É70.(YJD Thp salay ba￿ding i￿a￿ee5 gD55 sa￿ry bulex(*Jdps￿￿o￿p￿rys1￿ * Nl ￿ltItyJbonS. Remune￿0￿ olkey rnxogemEnt pev50nnpl The rem￿n￿allOn linc￿dIng EM[￿eVer$ NIC (X￿￿1￿) of key maThage￿nt PE￿S￿l￿d is as folk￿5 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 C*embw 2024 11.366 6,0 17.366 Arnorti$atIr￿ and impoirm•nt At 1 Januory 2Q24 Jnortwb¢Jn chSJT￿I frlrthe 6.820 2.273 3,6LXI 1,2(Kl 10.420 3.473 At 31 Dettmtser 2024 9,093 4,8C 13,893 Carryln# amoun¢ At 31 December 2024 2,273 1,2(N) 3.473 At 31 DecemDer 2023 4.546 2,4 6.946 16 7anglbkn flx•d a•s•ls Flxtur•B. ffttlng J¢gUlp￿r At 1 January 2024 Addl￿)n$ 13.885 1.567 At310•rAJmber 2024 16.452 D&pv•clallon and Impalm*ni At 1 January 2024 Depre(Aal￿n 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$set8 Ariworks Valuatio Ai 1 JanJary 2024 Additsons YO.￿0 At 31 December 2024 90.000 The chafftty Is gtsteftA me gfftretew yearofthe abkn)tK imrwj spfin￿ Dy *bsI Eva Rottischi￿. This scuioure Is hePJ and m81n￿Ined fN rfs cuttLwal ar￿$￿￿grIf￿Ce arKJ I￿rn$ part ofthe ￿nty'S fflr￿on protrth Publ￿ eng8￿M￿￿t wlh the wis. The vtwotk is Interthl to bew pwm￿enity is aLfPSStAe lo bllc. Flxed asset InvE5tmerts T*)tal cost or ￿￿atIOn Al 1 January 2024 & 31 Dec8mb8r2024 Carrylng amouni At 31 De￿￿tse[ 2024 At 31 December ￿)23 The ch3vtywa5 Gffted 1(Kl% oflhe slwe of The ￿ne put1￿ &nWalk CIC in 2023. The hive5trEnt is IrKI￿e¢ 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 debtr*s I￿￿deS 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 Other tgx8lion and 8sub51diaiy utvJErt*it Acuusls 14.447 217.377 461.gm Z1 Deferred Incom 2024 2023 Ofvr defe[￿ inwme 143 *4 399.088 DefeffÈ¢ intome s InclLthd w7 the sktemeTrts 3sloll(YllS." 2024 2023 Defeffed Inc*pme is Induded cy￿ent liatxlitiE5 143.924 399.08$ Mtyw7*nis in the y*)r'. CWeThed inccfftè 311 January 2024 R&￿￿ed frorD prthicw petK ResoJrrE5defetred in IhB ye 39g.i)88 1362.7941 107.6)) 211.942 1176.7881 363.934 Dof8rred IrKX￿ 8131 De¢wb8r 2tr24 143.924 399.088 22 R•tlromsni $c1w￿￿ 2023 Definpd contribulloTh schemes Charye to profit or in reS￿ct 0fder￿ed tontribu1￿ 1. 359 9.853 The Chaty opefates a ￿e￿ed tsjnirtithn pÈnsK)i scr￿*￿ra1 quafyfig empws. Thè assetsd IhÈ schème arè held separalety Irum of the (￿lY irteppTrJpnltyarfv151ETEd lund. THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z3 Rests1¢tedfiJnds The restr￿￿ fuN150flhe chaiity compT£the t)kn ofdrmatWSAnd gfznts held on trust subiecl lo SFecffic conditions by as to htsw tho.rw be At 1 la￿Uary Transfers4t 31 Dpcembpv ZQ24 Oth Philanihrow Lld London BoTiwh of Newha London Legary Devdoprt￿￿I Ctn) Freelands FrAJndal)Dn s CwncJl E￿9[4￿(j R¢)Ih$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. P￿￿Ou5 y•ir'. At l January 2023 In￿￿Tra Tr￿51*r%￿t 31 D￿￿￿ty9r 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 (V￿1￿￿11nYlSItd?l FOu￿dat0￿ Future Lonthn (y￿1h 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 a￿D￿nt olgant rwised fft respect of a ￿r-year ￿antIC￿¥3r￿S saLary. dirertaTrJ Indiretl rA>sts fix tx4ets. Funds for Proj8¢ LoThlon Bortwh of Ntt¥haTh Ls a Level[￿ Up FMd pa￿￿enttrc*n Bor(wh ofNewhan frxthree ctr(xynmissKX)S. London Legaw DevdOpt[*￿tCorP a Wdntfor a￿leS Dfinthatiyes (DeTth￿ce p￿l￿SpaCES In ts LLDC area. Indudiry instEJlalK>ns, wDrkslKJps arKI Btxl 9uid8J IryJT3. Fredands FWndatil￿ isa w.forvThxkwith youTrJ PEok4e iscJNyols Yuulh Gu￿je513￿d Ihe esta)li5hrnpnl of 4 now Ymih coll￿￿￿. leading 10 8 pu￿¢ (Vi$i* J Invi*ile M$ Ccwncil Eng￿rtd to D￿11￿9 p8rttym*Y*s anJ ￿1[￿0 instJlaliorn 48$gnL>J by Rash8ed Ara RLthschild rewEse￿Isthe of granl IwJmE tecoyn15ed Ill reSP2Ltofa It¥P￿veaf9rd￿1tQW￿dS salary. dire 8nd IfK1 rect for its pr(¥TaMTrK>of Wjrs c¢Mrrii*¢MKq ¥vd txMY*ruThty en989weNI its E8s1 L(Thlon. Paul represents tre ￿)L￿[c￿￿t #Kome rewised ￿ respectofa t*weargranl ft*the Spaces Ex￿￿re yoie¢t lo ¢wn8Ct sthcd5 to ￿ Lin8. oitwfrjnds fiJndirvJ froma nvmbw ￿ styJr¢es tr6'*ds** va￿1 byThe LiThe and fvther deta1& can befounc in Ihe Int￿dud￿)IS aTrd Tru5ree5'A￿nua Repul 35*EII 350n Our ￿bSitE. Tran5fArs These were made tc a￿l￿$s"J￿J1Wga￿s not nEt ty e￿Ier￿ restricted r) 1379.2921 ISS.Y561 626.070 ple￿OuS year.. At 1 January 2023 Transfers4t 31 December pendgd 2023 Re￿IK8n(¥ 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 A￿lY$￿￿ ol net 0$8et$ fvnds un￿tr1ded Degyna)￿l Reskncted 2D24 2024 2024 2024 FU￿ tsalar￿ al 31 DKerthr2024 are 18presenlEO by Intangible fixed aS￿ts Tangiblt asge Heritage a5sels Cwrenl assetsll1la￿1lbe￿) 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 0o*ignayJ fu￿ Restyicts furts 2023 2D23 2023 Fur* ba13wes al 31 tleLVTbei20YJ ar& 1apwsw)￿ by. Ton9ible 355ets ¢wrenl ass￿￿111￿￿11bP5l 6.108 124.274 6.108 234.274 1W,CMyJ 147.328 1QC.(MYJ ?47,328 R￿alAd party trartsactlon5 Tran5aGIIon5 wllh related partie5 Dthng the ￿8fth￿ tharity eni6r*l wth feL4ied ￿￿rt￿.. In the yearThe Art Wak rnie knnel d1al￿d itsthKlary PLbKMWak CIC (ttMI'c￿') £nl12023.. 4.31518TrJ bva$ r43th*ged £nil 12¢23" £25.618I ID-8w*t aleXpe*ditu￿ irtuff8d. the yearthe CIC thnaied £6.357 120ZI.. c7.1x￿) to ttEdwTity. Dmng the ￿artwOtrU￿ees donated a tcrfai ￿£2.(x)012o23.. cffle (knatea £10.CO)I to the ctArhy. In a￿￿0￿. a donalb)i of £1,gK) 12023.. E10.WQi aThY Sery￿e$ 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 pa￿￿r￿￿)ns1n The ￿. THE LINE ART WALK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2024 Z7 Subgldkrlo¥ These finanuzl statements ale sepxatec*arty ststernentsfof LineArf Wal D•tsi18 olts thariVsguttsMj￿ryaI 31 2124 arB as fdkTWS". N8me of uTrd•rtskin9 Règr4tor 14¥bJts ol bu$ine4$ hekj DirBrt Indirv ThB Line PulAicArt Walk CIC E￿j￿r￿1 8tKI IbWal￿ darts I￿l￿e> Ordin&y loo.￿) The aggregate eaptt81 r8g*yes 8fhJ the resull fw ts year ¢1 ltte subs*Jl8ry e*d￿jed frtyr ¢cv)solbJèth)n ￿re as frAIow5.' ol Undorta￿￿9 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>¢