## Keighley Creative
Charity number 1190497
## Annual Report and Financial Statements
for the period ended 31 March 2023
## Keighley Creative
Annual Report and Financial Statements for the period ended 31 March 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 to 12|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Keighley Creative
## Trustees' report for the period ended 31 March 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial period and up to and including the date the report was approved were: **Name Position Dates**
**Name Position Dates** Susan Mendoza Chair Resigned 16 December 2022 Georgina Webster Vice Chair Charles Oxtoby Treasurer Bob Smith Riaz Meer Fiona Sherburn Damian Kearns Resigned 20 December 2022 Janet Smithies Rachel Rickards **Charity number** 1190497 Registered in England and Wales **Registered and principal address Bankers** 3-7 Cooke Lane Virgin Money Keighley BD21 3PF
## **Independent examiner**
Rhys North ACA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 21 July 2020 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
2
## Keighley Creative
## Trustees' report (continued) for the period ended 31 March 2023
## **Objectives and activities**
## **The charity's objects**
To promote and advance the visual arts in all their forms in particular but not exclusively by:
- a) exhibiting works of artistic excellence
- b) providing gallery and studio space and other facilities to enable the public to engage with the arts and the public display of artwork
To advance the education of the public in the arts and crafts in particular but not exclusively by the provision of a community arts centre, a community library, workshops, classes and art sessions.
## **The charity's main activities**
Running a community arts centre hosting start-up artists’ studios, exhibitions, community arts engagement and events and activities in the building and in the town in various venues; arts education.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular both the promotion and advancement of the visual arts and the advancement of education in the arts and crafts.
## **Achievements and performance**
“Excellent sense of community and joy. Really good for Keighley.” _Visitor Quote about Keighley Creative_
We engage with people in distinct ways - through our workshop programmes; gallery and exhibition programme; our festival and events programme; and general drop-in sessions to find out about community needs.
The Open Gallery at KC was a great example of audience engagement and participation. In August we had nearly 400 visitors come to see the ever growing collection of over 80 local artists work (we re-curated the show and added new work in each week!) Our gallery has always been an active experience for visitors, and the process of curation is often active too, designed to open new avenues of exploration up to visitors. The real magic begins as you start to speak to visitors and uncover local stories, and personal experiences of art, craft and making. It is incredible the depth and breadth of talent this part of the district has, and still isn't fully aware of! It is our job to help people recognise and develop their talents, and we linked this programme to a set of free drop-in workshops.
We hold an annual festival each year and in 2022 we put on 46 events across 11 venues, reaching 2,000 people in the community. 100% of the people interviewed said they want more work like this to take place, and felt encouraged to visit the town centre again. 93% said they had increased pride in place and felt more a part of the community, a great achievement.
Our Festival and Events programme regularly puts on work for diverse audiences to engage with. Recent highlights have been the Qawwali and Peace Meal. We ran our first Qawwali evening, which attracted over 100 people from our South Asian communities, bringing in visitors from across Yorkshire. For many local residents this was their first opportunity to attend a Qawwali which was fantastic. Our first Peace Meal was another highlight, bringing together different faith and community groups and individuals to share stories and experiences of their Journeys into Keighley, and share a meal at Keighley Shared Church. The success of this event has led to future Peace Meals being planned.
3
## Keighley Creative
## Trustees' report (continued) for the period ended 31 March 2023
## **Achievements and performance continued**
The studio holder programme, which has had 23 artists/makers directly benefit from subsidised, low-cost studio spaces, and 156 benefit through artist meet ups, events, and work opportunities for early career and established creatives, and support bid-writing. By far our largest live audience numbers this year were in the traditional sense - we had over 30,000 visitors across the year visit our Following Threads exhibition at Bradford Industrial Museum. Following Threads was an exhibition of new studio holder work inspired by the Bradford Museum and Gallery Collections on the theme of Industry and Environment. This gave us access to much larger audience numbers, and has led to studio holders getting freelance employment opportunities, and schools using work made for the exhibition as starting points for new schemes of work. The launch event was one of the first post-Covid and high numbers were in attendance. It did highlight the need to continue to do safe distancing previews though in future, so as not to isolate an already vulnerable group.
Our work reduces social isolation and combats social anxiety and loneliness. This has been highlighted through our Arts for Brain Health Programme linked to Social Prescribing. Monday Creative continues to run as a part of this programme, a weekly group benefitting local people living with dementia and other long term neurological conditions. It is being recognised as a programme of excellence across the district, with several agencies now referring into it.
We build a sense of community pride and celebration. Regular events linked to holidays and our festival are cementing relationships with community organisations and partners, and local families. There are regular requests for us to coordinate future events like these and drop-in activities designed to boost retail footfall across the town and give access to families on low income to participate in the arts. We have recently worked with the Bradford Markets team to deliver workshops for families in Keighley and Oastler Market, and are working with local small-business collectives to design future programmes including Makers Markets.
Walkabout acts like the Bradford Belles, Sloths and stilt-walkers are also very popular. Local teenage audiences are interested in these pop-up events, and we would like to put more on in the future as entertainment, participation opportunities, and conversation starters for some of our young people, who currently have very little they can access in Keighley by way of leisure and relaxation activities. Music is also really important in this our festival and events work, and we're looking to showcase more local talent in the future. Recent audiences drawn together to watch West Riding perform in the shopping centre were moved to see local performers of such a high quality. One person said proudly, "So I could be like that one day!"
## **Financial review**
The net expenditure for the period was £28,392, including net income of £9,867 on unrestricted funds and net expenditure of £38,259 on restricted funds, after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £31,298.
The charity moved premises in November 2022 and the minimum unrestricted reserves required to fund unplanned closure of the charity based on these premises is estimated at £15,550. The Board therefore always plan to maintain unrestricted funds of at least this amount.
Plans are still being pursued to develop a building in Keighley Town Centre for use by Keighley Creative as part of the Government’s Town’s Fund grant scheme. Consequently, retaining a slightly higher level of unrestricted reserves is considered prudent by the Board given possible future spend in relation to the building development.
The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
Approved by the board of trustees on 6/11/2023
Charles Oxtoby (Trustee)
4
## Keighley Creative
## Independent examiner's report to the trustees of Keighley Creative
I report to the charity trustees on my examination of the accounts of the CIO for the period ended 31 March 2023, which are set out on pages 6 to 12.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Rhys North ACA
9/11/2023
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Keighley Creative
## Statement of Financial Activities
## (including summary income and expenditure account) for the period ended 31 March 2023
|Notes
1.8.22 to
31.3.23
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
29,250
Contract income
-
Studio fees
5,169
Art sales
-
Venue hire
8,250
Bank interest
5
Ticket sales and commissions
2,280
**Total income**
44,954
**Expenditure on:**
Salaries NI and pensions
(3)
10,800
Payroll fees
238
Freelance fees
214
Project delivery costs
1,932
Repairs, cleaning and maintenance
1,119
Rates and service charges
6,324
Professional fees
150
Office and postage costs
171
Telephone and IT
257
Utilities
11,530
Insurance
1,796
Website
864
Membership and subscription fees
180
Travel costs
-
Bad Debts
103
Independent examination
1,134
**Total expenditure**
36,812
**Net income / (expenditure)**
8,142
**Transfers between funds**
(4)
1,725
**Net movement in funds**
9,867
**Fund balances brought forward**
21,431
**Fund balances carried forward**
(4)
31,298|1.8.22 to
31.3.23
Restricted
funds
£
110,588
-
-
-
-
-
571
111,159
38,267
-
9,537
31,623
17,672
-
49,139
79
14
1,362
-
-
-
-
-
-
147,693
(36,534)
(1,725)
(38,259)
119,565
81,306|1.8.22 to
Year ending
31.3.23
31.7.22
Total
Total
funds
funds
£
£
139,838
222,812
-
24,999
5,169
11,305
-
509
8,250
1,405
5
2
2,851
1,309
156,113
262,341
49,067
46,309
238
324
9,751
61,265
33,555
58,564
18,791
5,853
6,324
-
49,289
11,400
250
924
271
422
12,892
6,976
1,796
586
864
828
180
23
-
108
103
-
1,134
1,080
184,505
194,662
(28,392)
67,679
-
-
(28,392)
67,679
140,996
73,317
112,604
140,996|
|---|---|---|
All incoming resources and resources expended derive from continuing activities.
6
## Keighley Creative
## Balance sheet
|as at 31 March 2023
2023
Unrestricted
£
**Current assets**
Debtors and prepayments
(5)
3,192
Cash at bank
38,893
**Total current assets**
42,085
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(6)
10,787
**Total current liabilities**
10,787
**Net current assets / (liabilities)**
31,298
**Net assets**
31,298
**Funds**
Unrestricted funds
31,298
Restricted funds
-
**Total funds**
31,298|2023
Restricted
£
-
81,720
81,720
414
414
81,306
81,306
-
81,306
81,306|2023
Total
£
3,192
120,613
123,805
11,201
11,201
112,604
112,604
31,298
81,306
112,604|31.7.22
Total
£
197
142,922
143,119
2,123
2,123
140,996
140,996
21,431
119,565
140,996|
|---|---|---|---|
The financial statements were approved by the board of trustees on 6/11/2023
Charles Oxtoby (Trustee)
7
## Keighley Creative
## Notes to the accounts
## for the period ended 31 March 2023
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**2 Grants and donations**
Bradford Culture Company Limited (BCCL)
Bradford District Community Foundation (BDCF)
Bradford Metropolitan District Council (BMDC)
Bradford Producing Hub (BPH)
Keighley Town Council (KTC)
Leeds Community Foundation (LCF)
Marsh Christian Trust (MCT)
University of Bradford
Intercultural Fund
Keighley Business Improvement District (BID)
National Lottery Community Fund (NLCF)
National Lottery Heritage Fund (NLHF)
Sir George Martin Trust
The Leap
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|1.8.22 to
31.3.23
Unrestricted
funds
£
-
-
17,500
-
500
-
-
-
-
-
-
-
-
-
11,250
29,250|1.8.22 to
31.3.23
Restricted
funds
£
2,656
10,000
78,253
3,700
-
14,980
500
-
-
-
-
-
-
-
499
110,588|1.8.22 to
31.3.23
Total
funds
£
2,656
10,000
95,753
3,700
500
14,980
500
-
-
-
-
-
-
-
11,749
139,838
2023
£
47,000
3,592
(2,475)
950
49,067|Year ending
31.7.22
Total
funds
£
-
-
178,828
-
4,000
10,000
-
750
300
5,000
9,900
9,920
2,588
1,500
26
222,812
2022
£
45,418
3,633
(3,633)
891
46,309|
|---|---|---|---|---|
The average number of employees during the year was 2.5, being an average of 2 full time equivalent (2022: 2.3, 1.4 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2023|2022|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|950|891|
|Amount of any contributions outstanding at the year end|-|147|
9
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**4 Restricted funds**
LCF - Arts for Brain Health
NLCF - BAME Engagement
BPH - Away Day
BMDC - Video Camera
BMDC - Transformation Fund
BCCL - Mini Seed Commission
BDCF - Local Access Fund
BMDC - Industrial Museum
BPH - Transforming Spaces
LCF - Keighley Health
MCT - Drawing Box Project
Sir George Martin Trust
Other KAFF
BMDC - Towns Fund Building
BMDC - KAFF
KTC - Youth Art
BDMC - Premises support|Balance b/f
£
-
8,989
-
250
800
-
-
700
-
4,013
-
2,588
1,059
98,853
921
1,392
-
119,565|Incoming
£
14,980
-
1,200
-
-
1,656
10,000
-
2,500
-
500
-
2,070
-
70,253
-
8,000
111,159|Outgoing
£
2,200
8,989
1,200
-
800
-
-
500
2,120
3,474
-
2,588
-
59,451
57,161
1,210
8,000
147,693|Transfers
£
-
-
-
-
-
-
-
(200)
-
(539)
-
-
-
-
(804)
(182)
-
(1,725)|Balance c/f
£
12,780
-
-
250
-
1,656
10,000
-
380
-
500
-
3,129
39,402
13,209
-
-
81,306|
|---|---|---|---|---|---|
## **Fund name**
LCF - Arts for Brain Health NLCF - BAME Engagement
BPH - Away Day BMDC - Video Camera BMDC - Transformation Fund BCCL - Mini Seed Commission BDCF - Local Access Fund
BMDC - Industrial Museum
BPH - Transforming Spaces LCF - Keighley Health
MCT - Drawing Box Project Sir George Martin Trust Other KAFF
BMDC - Towns Fund Building BMDC - KAFF
KTC - Youth Art
BDMC - Premises support
## **Purpose of restriction**
To support a dementia arts project.
To support and enable the engagement of BAME communities in arts and cultural activities.
To support the organisational development of the charity. To part fund a video camera.
To fund HR and Social Media support. To support the development of an outdoor exhibition.
To support the development of the charity's business plan and funding and promotion strategies.
To create a bespoke art exhibition at the Bradford Industrial Museum. The transfer is for a contribution towards overhead costs.
To enable the development of studio, gallery and performance spaces. To support a dementia arts project. The transfer is for a contribution towards overhead costs.
To support 'Yorkshire Roses' family workshops.
To support summer holiday family creativity workshops.
Donations, ticket sales and commissions to support the Keighley Arts and Film Festival (KAFF).
To support the purchase and redevelopment of a new premises.
To support the Keighley Arts and Film Festival (KAFF). The transfer is for a contribution towards overhead costs.
To support a youth arts project. The transfer is for a contribution towards overhead costs.
To contribute towards the occupancy costs of the Bradford Film Hub.
10
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**5 Debtors and prepayments**
Debtors
Prepayments
Other debtors
**6 Creditors and accruals**
Creditors
Accruals
Other creditors|2023
£
360
582
2,250
3,192
2023
£
10,067
1,134
-
11,201|31.7.22
£
-
197
-
197
2022
£
699
1,080
344
2,123|
|---|---|---|
## **7 Related party transactions**
## **Donations from trustees and related parties**
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £9,000 (2021: £nil).
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
|**Trustee remuneration and benefits**
Stephen Manthrop
Janet Smithies
Trustee
Freelance fees
Trustee
Freelance fees
**Name of trustee**
**or related party**
**Relationship to**
**charity**
**Description of transaction**|2023
£
-
-
-|2022
£
100
100
200|
|---|---|---|
No other trustee received any remuneration or benefit during this or the previous year.
11
## Keighley Creative
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the period ended 31 March 2023
|1.8.22 to Year ending
31.3.23
31.7.22
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
29,250
10,026
Contract income
-
24,999
Studio fees
5,169
11,305
Art sales
-
509
Venue hire
8,250
1,405
Bank interest
5
2
Ticket sales and commissions
2,280
1,249
**Total income**
44,954
49,495
**Expenditure**
Salaries NI and pensions
10,800
17,826
Payroll fees
238
324
Freelance fees
214
6,651
Project delivery costs
1,932
19,564
Repairs, cleaning and maintenance
1,119
5,353
Rates and service charges
6,324
-
Professional fees
150
-
Office and postage costs
171
323
Telephone and IT
257
249
Utilities
11,530
3,876
Insurance
1,796
508
Website
864
828
Membership and subscription fees
180
23
Travel costs
-
-
Bad Debts
103
-
Independent examination
1,134
1,080
**Total expenditure**
36,812
56,605
**Net income / (expenditure)**
8,142
(7,110)
**Transfers between funds**
1,725
3,443
**Net movement in funds**
9,867
(3,667)
**Fund balances brought forward**
21,431
25,098
**Fund balances carried forward**
31,298
21,431|1.8.22 to Year ending
31.3.23
31.7.22
Restricted
Restricted
funds
funds
£
£
110,588
212,786
-
-
-
-
-
-
-
-
-
-
571
60
111,159
212,846
38,267
28,483
-
-
9,537
54,614
31,623
39,000
17,672
500
-
-
49,139
11,400
79
601
14
173
1,362
3,100
-
78
-
-
-
-
-
108
-
-
-
-
147,693
138,057
(36,534)
74,789
(1,725)
(3,443)
(38,259)
71,346
119,565
48,219
81,306
119,565|1.8.22 to Year ending
31.3.23
31.7.22
Total
Total
funds
funds
£
£
139,838
222,812
-
24,999
5,169
11,305
-
509
8,250
1,405
5
2
2,851
1,309
156,113
262,341
49,067
46,309
238
324
9,751
61,265
33,555
58,564
18,791
5,853
6,324
-
49,289
11,400
250
924
271
422
12,892
6,976
1,796
586
864
828
180
23
-
108
103
-
1,134
1,080
184,505
194,662
(28,392)
67,679
-
-
(28,392)
67,679
140,996
73,317
112,604
140,996|
|---|---|---|
12
## Keighley Creative
Charity number 1190497
## Annual Report and Financial Statements
for the period ended 31 March 2023
## Keighley Creative
Annual Report and Financial Statements for the period ended 31 March 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 to 12|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Keighley Creative
## Trustees' report for the period ended 31 March 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial period and up to and including the date the report was approved were: **Name Position Dates**
**Name Position Dates** Susan Mendoza Chair Resigned 16 December 2022 Georgina Webster Vice Chair Charles Oxtoby Treasurer Bob Smith Riaz Meer Fiona Sherburn Damian Kearns Resigned 20 December 2022 Janet Smithies Rachel Rickards **Charity number** 1190497 Registered in England and Wales **Registered and principal address Bankers** 3-7 Cooke Lane Virgin Money Keighley BD21 3PF
## **Independent examiner**
Rhys North ACA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 21 July 2020 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
2
## Keighley Creative
## Trustees' report (continued) for the period ended 31 March 2023
## **Objectives and activities**
## **The charity's objects**
To promote and advance the visual arts in all their forms in particular but not exclusively by:
- a) exhibiting works of artistic excellence
- b) providing gallery and studio space and other facilities to enable the public to engage with the arts and the public display of artwork
To advance the education of the public in the arts and crafts in particular but not exclusively by the provision of a community arts centre, a community library, workshops, classes and art sessions.
## **The charity's main activities**
Running a community arts centre hosting start-up artists’ studios, exhibitions, community arts engagement and events and activities in the building and in the town in various venues; arts education.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular both the promotion and advancement of the visual arts and the advancement of education in the arts and crafts.
## **Achievements and performance**
“Excellent sense of community and joy. Really good for Keighley.” _Visitor Quote about Keighley Creative_
We engage with people in distinct ways - through our workshop programmes; gallery and exhibition programme; our festival and events programme; and general drop-in sessions to find out about community needs.
The Open Gallery at KC was a great example of audience engagement and participation. In August we had nearly 400 visitors come to see the ever growing collection of over 80 local artists work (we re-curated the show and added new work in each week!) Our gallery has always been an active experience for visitors, and the process of curation is often active too, designed to open new avenues of exploration up to visitors. The real magic begins as you start to speak to visitors and uncover local stories, and personal experiences of art, craft and making. It is incredible the depth and breadth of talent this part of the district has, and still isn't fully aware of! It is our job to help people recognise and develop their talents, and we linked this programme to a set of free drop-in workshops.
We hold an annual festival each year and in 2022 we put on 46 events across 11 venues, reaching 2,000 people in the community. 100% of the people interviewed said they want more work like this to take place, and felt encouraged to visit the town centre again. 93% said they had increased pride in place and felt more a part of the community, a great achievement.
Our Festival and Events programme regularly puts on work for diverse audiences to engage with. Recent highlights have been the Qawwali and Peace Meal. We ran our first Qawwali evening, which attracted over 100 people from our South Asian communities, bringing in visitors from across Yorkshire. For many local residents this was their first opportunity to attend a Qawwali which was fantastic. Our first Peace Meal was another highlight, bringing together different faith and community groups and individuals to share stories and experiences of their Journeys into Keighley, and share a meal at Keighley Shared Church. The success of this event has led to future Peace Meals being planned.
3
## Keighley Creative
## Trustees' report (continued) for the period ended 31 March 2023
## **Achievements and performance continued**
The studio holder programme, which has had 23 artists/makers directly benefit from subsidised, low-cost studio spaces, and 156 benefit through artist meet ups, events, and work opportunities for early career and established creatives, and support bid-writing. By far our largest live audience numbers this year were in the traditional sense - we had over 30,000 visitors across the year visit our Following Threads exhibition at Bradford Industrial Museum. Following Threads was an exhibition of new studio holder work inspired by the Bradford Museum and Gallery Collections on the theme of Industry and Environment. This gave us access to much larger audience numbers, and has led to studio holders getting freelance employment opportunities, and schools using work made for the exhibition as starting points for new schemes of work. The launch event was one of the first post-Covid and high numbers were in attendance. It did highlight the need to continue to do safe distancing previews though in future, so as not to isolate an already vulnerable group.
Our work reduces social isolation and combats social anxiety and loneliness. This has been highlighted through our Arts for Brain Health Programme linked to Social Prescribing. Monday Creative continues to run as a part of this programme, a weekly group benefitting local people living with dementia and other long term neurological conditions. It is being recognised as a programme of excellence across the district, with several agencies now referring into it.
We build a sense of community pride and celebration. Regular events linked to holidays and our festival are cementing relationships with community organisations and partners, and local families. There are regular requests for us to coordinate future events like these and drop-in activities designed to boost retail footfall across the town and give access to families on low income to participate in the arts. We have recently worked with the Bradford Markets team to deliver workshops for families in Keighley and Oastler Market, and are working with local small-business collectives to design future programmes including Makers Markets.
Walkabout acts like the Bradford Belles, Sloths and stilt-walkers are also very popular. Local teenage audiences are interested in these pop-up events, and we would like to put more on in the future as entertainment, participation opportunities, and conversation starters for some of our young people, who currently have very little they can access in Keighley by way of leisure and relaxation activities. Music is also really important in this our festival and events work, and we're looking to showcase more local talent in the future. Recent audiences drawn together to watch West Riding perform in the shopping centre were moved to see local performers of such a high quality. One person said proudly, "So I could be like that one day!"
## **Financial review**
The net expenditure for the period was £28,392, including net income of £9,867 on unrestricted funds and net expenditure of £38,259 on restricted funds, after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £31,298.
The charity moved premises in November 2022 and the minimum unrestricted reserves required to fund unplanned closure of the charity based on these premises is estimated at £15,550. The Board therefore always plan to maintain unrestricted funds of at least this amount.
Plans are still being pursued to develop a building in Keighley Town Centre for use by Keighley Creative as part of the Government’s Town’s Fund grant scheme. Consequently, retaining a slightly higher level of unrestricted reserves is considered prudent by the Board given possible future spend in relation to the building development.
The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
Approved by the board of trustees on 6/11/2023
Charles Oxtoby (Trustee)
4
## Keighley Creative
## Independent examiner's report to the trustees of Keighley Creative
I report to the charity trustees on my examination of the accounts of the CIO for the period ended 31 March 2023, which are set out on pages 6 to 12.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Rhys North ACA
9/11/2023
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Keighley Creative
## Statement of Financial Activities
## (including summary income and expenditure account) for the period ended 31 March 2023
|Notes
1.8.22 to
31.3.23
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
29,250
Contract income
-
Studio fees
5,169
Art sales
-
Venue hire
8,250
Bank interest
5
Ticket sales and commissions
2,280
**Total income**
44,954
**Expenditure on:**
Salaries NI and pensions
(3)
10,800
Payroll fees
238
Freelance fees
214
Project delivery costs
1,932
Repairs, cleaning and maintenance
1,119
Rates and service charges
6,324
Professional fees
150
Office and postage costs
171
Telephone and IT
257
Utilities
11,530
Insurance
1,796
Website
864
Membership and subscription fees
180
Travel costs
-
Bad Debts
103
Independent examination
1,134
**Total expenditure**
36,812
**Net income / (expenditure)**
8,142
**Transfers between funds**
(4)
1,725
**Net movement in funds**
9,867
**Fund balances brought forward**
21,431
**Fund balances carried forward**
(4)
31,298|1.8.22 to
31.3.23
Restricted
funds
£
110,588
-
-
-
-
-
571
111,159
38,267
-
9,537
31,623
17,672
-
49,139
79
14
1,362
-
-
-
-
-
-
147,693
(36,534)
(1,725)
(38,259)
119,565
81,306|1.8.22 to
Year ending
31.3.23
31.7.22
Total
Total
funds
funds
£
£
139,838
222,812
-
24,999
5,169
11,305
-
509
8,250
1,405
5
2
2,851
1,309
156,113
262,341
49,067
46,309
238
324
9,751
61,265
33,555
58,564
18,791
5,853
6,324
-
49,289
11,400
250
924
271
422
12,892
6,976
1,796
586
864
828
180
23
-
108
103
-
1,134
1,080
184,505
194,662
(28,392)
67,679
-
-
(28,392)
67,679
140,996
73,317
112,604
140,996|
|---|---|---|
All incoming resources and resources expended derive from continuing activities.
6
## Keighley Creative
## Balance sheet
|as at 31 March 2023
2023
Unrestricted
£
**Current assets**
Debtors and prepayments
(5)
3,192
Cash at bank
38,893
**Total current assets**
42,085
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(6)
10,787
**Total current liabilities**
10,787
**Net current assets / (liabilities)**
31,298
**Net assets**
31,298
**Funds**
Unrestricted funds
31,298
Restricted funds
-
**Total funds**
31,298|2023
Restricted
£
-
81,720
81,720
414
414
81,306
81,306
-
81,306
81,306|2023
Total
£
3,192
120,613
123,805
11,201
11,201
112,604
112,604
31,298
81,306
112,604|31.7.22
Total
£
197
142,922
143,119
2,123
2,123
140,996
140,996
21,431
119,565
140,996|
|---|---|---|---|
The financial statements were approved by the board of trustees on 6/11/2023
Charles Oxtoby (Trustee)
7
## Keighley Creative
## Notes to the accounts
## for the period ended 31 March 2023
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**2 Grants and donations**
Bradford Culture Company Limited (BCCL)
Bradford District Community Foundation (BDCF)
Bradford Metropolitan District Council (BMDC)
Bradford Producing Hub (BPH)
Keighley Town Council (KTC)
Leeds Community Foundation (LCF)
Marsh Christian Trust (MCT)
University of Bradford
Intercultural Fund
Keighley Business Improvement District (BID)
National Lottery Community Fund (NLCF)
National Lottery Heritage Fund (NLHF)
Sir George Martin Trust
The Leap
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|1.8.22 to
31.3.23
Unrestricted
funds
£
-
-
17,500
-
500
-
-
-
-
-
-
-
-
-
11,250
29,250|1.8.22 to
31.3.23
Restricted
funds
£
2,656
10,000
78,253
3,700
-
14,980
500
-
-
-
-
-
-
-
499
110,588|1.8.22 to
31.3.23
Total
funds
£
2,656
10,000
95,753
3,700
500
14,980
500
-
-
-
-
-
-
-
11,749
139,838
2023
£
47,000
3,592
(2,475)
950
49,067|Year ending
31.7.22
Total
funds
£
-
-
178,828
-
4,000
10,000
-
750
300
5,000
9,900
9,920
2,588
1,500
26
222,812
2022
£
45,418
3,633
(3,633)
891
46,309|
|---|---|---|---|---|
The average number of employees during the year was 2.5, being an average of 2 full time equivalent (2022: 2.3, 1.4 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2023|2022|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|950|891|
|Amount of any contributions outstanding at the year end|-|147|
9
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**4 Restricted funds**
LCF - Arts for Brain Health
NLCF - BAME Engagement
BPH - Away Day
BMDC - Video Camera
BMDC - Transformation Fund
BCCL - Mini Seed Commission
BDCF - Local Access Fund
BMDC - Industrial Museum
BPH - Transforming Spaces
LCF - Keighley Health
MCT - Drawing Box Project
Sir George Martin Trust
Other KAFF
BMDC - Towns Fund Building
BMDC - KAFF
KTC - Youth Art
BDMC - Premises support|Balance b/f
£
-
8,989
-
250
800
-
-
700
-
4,013
-
2,588
1,059
98,853
921
1,392
-
119,565|Incoming
£
14,980
-
1,200
-
-
1,656
10,000
-
2,500
-
500
-
2,070
-
70,253
-
8,000
111,159|Outgoing
£
2,200
8,989
1,200
-
800
-
-
500
2,120
3,474
-
2,588
-
59,451
57,161
1,210
8,000
147,693|Transfers
£
-
-
-
-
-
-
-
(200)
-
(539)
-
-
-
-
(804)
(182)
-
(1,725)|Balance c/f
£
12,780
-
-
250
-
1,656
10,000
-
380
-
500
-
3,129
39,402
13,209
-
-
81,306|
|---|---|---|---|---|---|
## **Fund name**
LCF - Arts for Brain Health NLCF - BAME Engagement
BPH - Away Day BMDC - Video Camera BMDC - Transformation Fund BCCL - Mini Seed Commission BDCF - Local Access Fund
BMDC - Industrial Museum
BPH - Transforming Spaces LCF - Keighley Health
MCT - Drawing Box Project Sir George Martin Trust Other KAFF
BMDC - Towns Fund Building BMDC - KAFF
KTC - Youth Art
BDMC - Premises support
## **Purpose of restriction**
To support a dementia arts project.
To support and enable the engagement of BAME communities in arts and cultural activities.
To support the organisational development of the charity. To part fund a video camera.
To fund HR and Social Media support. To support the development of an outdoor exhibition.
To support the development of the charity's business plan and funding and promotion strategies.
To create a bespoke art exhibition at the Bradford Industrial Museum. The transfer is for a contribution towards overhead costs.
To enable the development of studio, gallery and performance spaces. To support a dementia arts project. The transfer is for a contribution towards overhead costs.
To support 'Yorkshire Roses' family workshops.
To support summer holiday family creativity workshops.
Donations, ticket sales and commissions to support the Keighley Arts and Film Festival (KAFF).
To support the purchase and redevelopment of a new premises.
To support the Keighley Arts and Film Festival (KAFF). The transfer is for a contribution towards overhead costs.
To support a youth arts project. The transfer is for a contribution towards overhead costs.
To contribute towards the occupancy costs of the Bradford Film Hub.
10
## Keighley Creative
## Notes to the accounts continued
## for the period ended 31 March 2023
|**5 Debtors and prepayments**
Debtors
Prepayments
Other debtors
**6 Creditors and accruals**
Creditors
Accruals
Other creditors|2023
£
360
582
2,250
3,192
2023
£
10,067
1,134
-
11,201|31.7.22
£
-
197
-
197
2022
£
699
1,080
344
2,123|
|---|---|---|
## **7 Related party transactions**
## **Donations from trustees and related parties**
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £9,000 (2021: £nil).
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
|**Trustee remuneration and benefits**
Stephen Manthrop
Janet Smithies
Trustee
Freelance fees
Trustee
Freelance fees
**Name of trustee**
**or related party**
**Relationship to**
**charity**
**Description of transaction**|2023
£
-
-
-|2022
£
100
100
200|
|---|---|---|
No other trustee received any remuneration or benefit during this or the previous year.
11
## Keighley Creative
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the period ended 31 March 2023
|1.8.22 to Year ending
31.3.23
31.7.22
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
29,250
10,026
Contract income
-
24,999
Studio fees
5,169
11,305
Art sales
-
509
Venue hire
8,250
1,405
Bank interest
5
2
Ticket sales and commissions
2,280
1,249
**Total income**
44,954
49,495
**Expenditure**
Salaries NI and pensions
10,800
17,826
Payroll fees
238
324
Freelance fees
214
6,651
Project delivery costs
1,932
19,564
Repairs, cleaning and maintenance
1,119
5,353
Rates and service charges
6,324
-
Professional fees
150
-
Office and postage costs
171
323
Telephone and IT
257
249
Utilities
11,530
3,876
Insurance
1,796
508
Website
864
828
Membership and subscription fees
180
23
Travel costs
-
-
Bad Debts
103
-
Independent examination
1,134
1,080
**Total expenditure**
36,812
56,605
**Net income / (expenditure)**
8,142
(7,110)
**Transfers between funds**
1,725
3,443
**Net movement in funds**
9,867
(3,667)
**Fund balances brought forward**
21,431
25,098
**Fund balances carried forward**
31,298
21,431|1.8.22 to Year ending
31.3.23
31.7.22
Restricted
Restricted
funds
funds
£
£
110,588
212,786
-
-
-
-
-
-
-
-
-
-
571
60
111,159
212,846
38,267
28,483
-
-
9,537
54,614
31,623
39,000
17,672
500
-
-
49,139
11,400
79
601
14
173
1,362
3,100
-
78
-
-
-
-
-
108
-
-
-
-
147,693
138,057
(36,534)
74,789
(1,725)
(3,443)
(38,259)
71,346
119,565
48,219
81,306
119,565|1.8.22 to Year ending
31.3.23
31.7.22
Total
Total
funds
funds
£
£
139,838
222,812
-
24,999
5,169
11,305
-
509
8,250
1,405
5
2
2,851
1,309
156,113
262,341
49,067
46,309
238
324
9,751
61,265
33,555
58,564
18,791
5,853
6,324
-
49,289
11,400
250
924
271
422
12,892
6,976
1,796
586
864
828
180
23
-
108
103
-
1,134
1,080
184,505
194,662
(28,392)
67,679
-
-
(28,392)
67,679
140,996
73,317
112,604
140,996|
|---|---|---|
12
## Keighley Creative
## Independent examiner's report to the trustees of Keighley Creative
I report to the charity trustees on my examination of the accounts of the CIO for the period ended 31 March 2023, which are set out on pages 6 to 12.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: …………………………………… Name: Rhys North ACA
9/11/2023
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
1