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2023-10-31-accounts

REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1192000

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CULTURE SHIFT

Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

CULTURE SHIFT

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

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Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 22
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CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

The trustees present their report with the financial statements of the charity for the year ended 31 October 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

This is the third report for Culture Shift which became a CIO after 10 years of operating as a Community Interest Company.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Culture Shift aims to create positive change in our communities through activities led by professional creatives.

We believe that through working with people with lived experience, we can curate programmes that are meaningful and have impact. We support marginalised adults, children and young people to achieve their potential through programmes delivered with education, health and community partners.

Key themes that underpin our programmes are:

These activities are based in our charitable aims which are to develop arts and creative activity with and for the community which:

  1. Support socially and economically disadvantaged communities in Sussex in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

  2. Promote social inclusion by preventing people from becoming socially isolated and assisting people to integrate into society.

  3. Promote equality and diversity for the public benefit by, for example: (a) advancing education and raising awareness in equality and diversity; (b) promoting activities to foster understanding between people from diverse backgrounds; (c) cultivating a sentiment in favour of equality and diversity

Culture Shift trustees monitor performance on a quarterly basis and measure this against key performance indicators, budget allocation and spend. As trustees we have due regard to ensuring that the charity's activities are clearly delivered with public benefit and are in accord with the Charity Commission's guidance on public benefit.

Page 1

CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

OBJECTIVES AND ACTIVITIES

Significant activities

This has been a period of significant internal change for the organisation.

Since June 2023 the organisation has been led by a Chief Executive Officer, having previously been co-led by two Directors. The trustees have also appointed a Chief Operating Officer and have approved the appointment of a Data and Communications Assistant and a Programme Assistant.

These internal changes have offered an opportunity for the organisation to reflect carefully on the most effective model and strategic approach, particularly in the context of current external economic and social challenges.

The financial year has ended with a deficit, but the trustees are focused on the learning that has been gained this year and are confident that the changes that have been made with ongoing developments moving into the year ahead, are building a strong foundation for future sustainability and growth.

Significant funding developments during this period include;

2022/23: THE YEAR IN NUMBERS

Between Nov 2022 to October 2023, Culture Shift has:

Page 2

CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

ACHIEVEMENT AND PERFORMANCE

Chichester College Worthing College Northbrook College East Sussex College Group Coastal Schools Partnership The Eastbourne Academy The Turing School

Page 3

CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

And in October 2023 a total of 17 organisations came together for The Every Sort of People Party in Newhaven. Funded by Chalk Cliff Trust and Newhaven Town Council, this free event was managed by Culture Shift in partnership with Sanctuary Festival and included; singing workshops for young people led by Glyndebourne Opera, live performances by Best Foot Music and storytelling by local artist Jamie Crawford.

"A wonderful inclusive event capturing and celebrating the generous spirit of many in Sussex"

"It is the organisation of events like this that help to create communities by bringing together people who need input positivity and love"

FINANCIAL REVIEW

Financial position

Culture Shift received revenue of £345,549 throughout the year. Grants provided totalled £232,992 with remaining income was made up from commissioned services of £96,345 and sundry other income of £14,955.

Expenditure throughout the year amounted to £361,458 and after deducting this from the income the result was a net deficit of £15,909. This deficit consisted of £(25,341) within unrestricted funds which was principally related to the spend down of designated funds from £45,717 at the beginning of the year to £21,690 closing balance. The balance of £(1,314) was incurred in our core operations.

As at 31 October 2023 the Charity held total reserves of £214,233 of which £110,959 was held in unrestricted funds and £103,274 in restricted funds. None of the individual funds are in deficit.

Culture Shift has been successful in generating income from a range of sources (see table below), including national and local agencies, as well as through commissioned services and consultancy activity.

Reserves policy

Like many small charities, Culture Shift has limited opportunities to generate unrestricted income. Through careful budget forecasting, strict management of expenditure and adopting full cost recovery where possible,

Culture Shift aims to build a reserves fund which will cover 6 months operational costs in the event of the Charity's closure and a free reserves fund to support contingency needs such as IT replacement as well as development funds for piloting new work.

Going concern

Ongoing Viability

Culture Shift has proved itself agile and able to mitigate many of the potential impacts of the past few years. Despite a challenging funding environment which has seen some funding coming to an end in 23/24, the trustees have considered the more positive outlook for 24/25 and with the prospect of renewed funding have a reasonable expectation that the charity will have adequate resources to continue in operational existence for the foreseeable future, and for at least a minimum of 12 months. On that basis the trustees consider the charity to be a going concern..

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Culture Shift set up as a Charitable Incorporated Organisation on October 28 2020 having operated as a CIC for 9 years previously. The charity has a written constitution that establishes the objects and powers of the charity.

Page 4

CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The Board of Trustees acts in the best interests of Culture Shift with reasonable care & skill to ensure that they

Culture Shift trustees are working towards a Trustees Code of Governance which sets out clearly the commitment of the Board to the principles, rationale & expected outcomes of the work of our trustees. The Code of Governance includes the following principles: purpose, leadership, integrity, decision making, risk & control, effectiveness, equality diversity & inclusion, openness & accountability.

New trustees are recruited through personal recommendation, open calls and informed by an audit of current trustee skills to inform recruitment of new trustees. Prospective trustees meet with the Charity's Co-Directors and on the basis of a good fit for the organisation go on to have an informal interview with two of our trustees. We are working towards a governance pack for new trustees which will include everything a new trustee needs to know and access from strategic plan, to policies and programme information.

Organisational structure

Our full Board meets on a quarterly basis. We have Trustee subgroups which focus on HR, finance & marketing. We hold an annual Away Day which gives us the opportunity to review our progress & focus on specific topics as required. Extraordinary Board meetings are held when needed. Regular line management sessions are held between the Board Chair, the Chief Executive(s) and Chief Operating Officer. Full Board meetings are attended by the CEO/COO & our Finance & Operations Manager.

Trustees are involved in development and approval of the Charity's business plan and we have robust systems for quarterly progress reporting against Key Performance Indicators (KPIs). Standing agenda items at trustee meetings include reporting on progress against our KPIs, review of our current financial position, future budgets & income targets together with cashflow, policy review & risk management. We have full financial regulations in place, including procurement policies, controls for sign off limits for expenditure. We have separate remuneration meetings, 1-2-1 support for our Finance & Operations Manager & support from our accountants.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

(England and Wales)

Registered Charity number

1192000

Registered office

East Sussex College Lewes 1 Mountfield Road Lewes BN7 2XH

Trustees

Barbara Pratt (resigned 30/4/2023) Lorna Palmer Linda Salway Andrew Green Anna Louise Savage (appointed 8/3/2023) Anna Testar (appointed 14/9/22) Joshua Pipe Simon Bottrell (appointed 13/9/2023)

Page 5

CULTURE SHIFT

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner Dr Shona F Wardrop C.A Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

Approved by order of the board of trustees on 19[th] August 2024.. and signed on its behalf by:

........................................................................ Andrew Green - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CULTURE SHIFT

Independent examiner's report to the trustees of Culture Shift ('the charity')

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2023.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Acct 2011

I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAS which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in accordance with section 130 of the Charities Act; or

  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 the 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Dr Shona F Wardrop C.A The Institute of Chartered Accountants of Scotland

Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

Date: ...20[th] August 2024.............

Page 7

CULTURE SHIFT

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
-
Charitable activities
5
General Charitable
96,345
Other trading activities
3
-
Investment income
4
1,257
Other income
13,814
Total
111,416
EXPENDITURE ON
Charitable activities
General Charitable
134,479
NET INCOME/(EXPENDITURE)
(23,063)
Transfers between funds
15
(2,278)
Net movement in funds
(25,341)
RECONCILIATION OF FUNDS
Total funds brought forward
136,300
TOTAL FUNDS CARRIED FORWARD
110,959
Restricted
funds
£
232,992
-
-
-
1,141
234,133
226,979
7,154
2,278
9,432
93,842
103,274
2023
Total
funds
£
232,992
96,345
-
1,257
14,955
345,549
361,458
(15,909)
-
(15,909)
230,142
214,233
2022
Total
funds
£
249,379
90,797
20
19
1,211
341,426
310,826
30,600
-
30,600
199,542
230,142

The notes form part of these financial statements

Page 8

CULTURE SHIFT

BALANCE SHEET 31 OCTOBER 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
11
-
CURRENT ASSETS
Debtors
12
21,052
Cash at bank and in hand
109,482
130,534
CREDITORS
Amounts falling due within one year
13
(19,575)
NET CURRENT ASSETS
110,959
TOTAL ASSETS LESS CURRENT
LIABILITIES
110,959
NET ASSETS
110,959
Restricted
funds
£
-
-
103,274
103,274
-
103,274
103,274
103,274
2023
Total
funds
£
-
21,052
212,756
233,808
(19,575)
214,233
214,233
214,233
2022
Total
funds
£
200
41,760
202,931
244,691
(14,749)
229,942
230,142
230,142

The notes form part of these financial statements

continued...

Page 9

CULTURE SHIFT

BALANCE SHEET - continued 31 OCTOBER 2023

Unrestricted
Restricted
funds
funds
Notes
£
£
FUNDS
15
Unrestricted funds:
General fund
Space to create (ED)
Creative Cafe (ED)
Micro Cafes (ED)
BOBS Education
Consultancy (ED)
DOBS Education
Restricted funds:
Creative Cafe
Space to Create
Young carers
Bobs
Carers O'clock
Telling Your Story
Delta 7
Discovery College
Holiday Activities and Food
Circus of Sound
Small Programmes
Travel Time
TOTAL FUNDS
2023
Total
funds
£
89,269
-
20,219
879
-
-
592
110,959
7,362
5,606
1,351
18,060
13,992
6,335
2,001
-
5,780
-
368
42,419
103,274
214,233
2022
Total
funds
£
90,263
320
24,199
1,152
18,116
2,250
-
136,300
5,776
35,448
(1,105)
22,793
5,733
10,513
2,911
10,773
-
1,000
-
-
93,842
230,142

The financial statements were approved by the Board of Trustees and authorised for issue on 19[th] August 2024 and were signed on its behalf by:

............................................. Andrew Green - Trustee

The notes form part of these financial statements

Page 10

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The functional currency of the charity is pounds sterling and all figures have been rounded to the nearest pound.

Going Concern

Culture Shift has proved itself agile and able to mitigate many of the potential impacts of the past few years. Despite a challenging funding environment which has seen some funding coming to an end in 23/24, the trustees have considered the more positive outlook for 24/25 and with the prospect of renewed funding have a reasonable expectation that the charity will have adequate resources to continue in operational existence for the foreseeable future, and for at least a minimum of 12 months. On that basis the trustees consider the charity to be a going concern..

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations

Donations are accounted for as received. In the event that a donation is subject to fulfilling performance conditions before the charity is entitled to the funds, the income is deferred until either those conditions are met in full, or their fulfilment is wholly within the control of the charity and it is probable that those conditions will be fulfilled by the reporting period.

Grant income; Income from charitable activities

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific conditions and is recognised as earned. Grant funding included in this category provides funding to support activities and is recognised where there is entitlement, probability of receipt, and the amount can be measured with sufficient reliability

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Expenditure is capitalised only where the item costs in excess of £1,000 or the item has been funded by restricted income. All previously capitalised assets have now been written down to nil.

Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corporation Tax purposes. Accordingly the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

continued...

Page 11

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions abut the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates.

continued...

Page 12

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

2. DONATIONS AND LEGACIES

Grants
Grants received, included in the above, are as follows:
Arts Council England
East Sussex County Council
East Sussex Generation
Rother Voluntary Action
Small Grants
BBC Children in Need
Schools and Academies
John Jackson Charitable Trust
National Lottery
Care for the Carers
People's Health Trust
PRS Foundation
Sussex Community Foundation
The Ragdoll Foundation
National Lottery Heritage Fund
Newhaven Town Council
Hastings City
Chalk Cliff Trust
The Arts Society
Heart of Sidley Community Association
3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INVESTMENT INCOME
Deposit account interest
2023
£
232,992
2023
£
-
24,480
10,980
-
-
10,000
3,350
-
42,355
41,614
15,876
-
10,000
-
46,513
2,000
3,000
5,000
3,000
14,824
232,992
2023
£
-
2023
£
1,257
2022
£
249,379
2022
£
38,440
44,286
16,200
8,376
160
62,606
3,800
1,000
41,585
13,760
9,526
4,490
5,000
150
-
-
-
-
-
-
249,379
2022
£
20
2022
£
19

continued...

Page 13

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

5. INCOME FROM CHARITABLE ACTIVITIES

Activity
Contract fees for services
General Charitable
2023
£
96,345
2022
£
90,797

6. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
General Charitable 3,517

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Independent exam 3,000 3,162
Depreciation - owned assets 200 60

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 October 2022.

Trustees' and meeting expenses

Trustees' and meeting expenses
2023 2022
£ £
Trustees' and meeting expenses 517 -

9. STAFF COSTS

Wages and Salaries
Social Security costs (excluding NI allowance)
Pension costs
Year ended
31/10/23
£
149,357
13,273
12,692
175,322
Year ended
31/10/22
£
127,982
11,882
13,517
153,381

The total benefits/remuneration of key management personnel, including employers pension contributions and national insurance was £87,125 (2022; £75,974).

The average monthly number of employees during the year was as follows:

Management and Project 2023
6
2022
5

No employees received emoluments in excess of £60,000.

continued...

Page 14

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
20,451
Charitable activities
General Charitable
90,797
Other trading activities
20
Investment income
19
Other income
1,211
Total
112,498
EXPENDITURE ON
Charitable activities
General Charitable
138,061
NET INCOME/(EXPENDITURE)
(25,563)
RECONCILIATION OF FUNDS
Total funds brought forward
161,863
TOTAL FUNDS CARRIED FORWARD
136,300
11.
TANGIBLE FIXED ASSETS
COST
At 1 November 2022 and 31 October 2023
DEPRECIATION
At 1 November 2022
Charge for year
At 31 October 2023
NET BOOK VALUE
At 31 October 2023
At 31 October 2022
Restricted
Total
funds
funds
£
£
228,928
249,379
-
90,797
-
20
-
19
-
1,211
228,928
341,426
172,765
310,826
56,163
30,600
37,679
199,542
93,842
230,142
Computer
equipment
£
642
442
200
642
-
200

continued...

Page 15

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses
2023
£
20,602
450
21,052
2023
£
10,586
3,607
5,382
19,575
2022
£
38,343
3,417
41,760
2022
£
7,698
794
6,257
14,749

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

continued...

Page 16

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Space to create (ED)
Creative Cafe (ED)
Micro Cafes (ED)
BOBS Education
Consultancy (ED)
DOBS Education
Development Education
Restricted funds
Creative Cafe
Space to Create
Young carers
Bobs
Carers O'clock
Telling Your Story
Delta 7
Discovery College
Holiday Activities and Food
Circus of Sound
Small Programmes
Travel Time
TOTAL FUNDS
At
1/11/22
£
90,263
320
24,199
1,152
18,116
2,250
-
-
136,300
5,776
35,448
(1,105)
22,793
5,733
10,513
2,911
10,773
-
1,000
-
-
93,842
230,142
Net
movement
in funds
£
(17,077)
(840)
1,809
(273)
(823)
(2,250)
592
(4,201)
(23,063)
1,586
(29,842)
2,456
(4,733)
8,259
(4,178)
(910)
(13,051)
5,780
(1,000)
368
42,419
7,154
(15,909)
Transfers
between
funds
£
16,083
520
(5,789)
-
(17,293)
-
-
4,201
(2,278)
-
-
-
-
-
-
-
2,278
-
-
-
-
2,278
-
At
31/10/23
£
89,269
-
20,219
879
-
-
592
-
110,959
7,362
5,606
1,351
18,060
13,992
6,335
2,001
-
5,780
-
368
42,419
103,274
214,233

continued...

Page 17

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Space to create (ED)
Creative Cafe (ED)
Micro Cafes (ED)
BOBS Education
Consultancy (ED)
DOBS Education
Development Education
Restricted funds
Creative Cafe
Space to Create
Young carers
BOBS
Carers O'clock
Telling Your Story
Delta 7
Discovery College
Holiday Activities and Food
Circus of Sound
ESOP
Small Programmes
Travel Time
TOTAL FUNDS
Incoming
resources
£
32,334
-
15,165
350
55,867
4,700
3,000
-
111,416
10,000
2,860
4,350
42,355
40,264
11,050
15,876
507
50,294
-
5,060
5,004
46,513
234,133
345,549
Resources
Movement
expended
in funds
£
£
(49,411)
(17,077)
(840)
(840)
(13,356)
1,809
(623)
(273)
(56,690)
(823)
(6,950)
(2,250)
(2,408)
592
(4,201)
(4,201)
(134,479)
(23,063)
(8,414)
1,586
(32,702)
(29,842)
(1,894)
2,456
(47,088)
(4,733)
(32,005)
8,259
(15,228)
(4,178)
(16,786)
(910)
(13,558)
(13,051)
(44,514)
5,780
(1,000)
(1,000)
(5,060)
-
(4,636)
368
(4,094)
42,419
(226,979)
7,154
(361,458)
(15,909)

continued...

Page 18

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Space to create (ED)
Creative Cafe (ED)
Micro Cafes (ED)
BOBS Education
Consultancy (ED)
Restricted funds
Creative Cafe
Space to Create
Young carers
BOBS
Carers O'clock
Telling Your Story
Delta 7
Discovery College
Circus of Sound
TOTAL FUNDS
At
1/11/21
£
134,442
320
27,101
-
-
-
161,863
5,776
11,397
5
3,140
7,027
7,112
-
3,222
-
37,679
199,542
Net
movement
in funds
£
(44,179)
-
(2,902)
1,152
18,116
2,250
(25,563)
-
24,051
(1,110)
19,653
(1,294)
3,401
2,911
7,551
1,000
56,163
30,600
At
31/10/22
£
90,263
320
24,199
1,152
18,116
2,250
136,300
5,776
35,448
(1,105)
22,793
5,733
10,513
2,911
10,773
1,000
93,842
230,142

continued...

Page 19

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Creative Cafe (ED)
Micro Cafes (ED)
BOBS Education
Consultancy (ED)
Small Programmes (ED)
Restricted funds
Space to Create
Young carers
BOBS
Carers O'clock
Telling Your Story
Delta 7
Discovery College
Holiday Activities and Food
Circus of Sound
TOTAL FUNDS
Incoming
resources
£
18,533
23,330
14,700
52,935
2,700
300
112,498
54,406
150
41,585
13,760
17,090
14,016
43,762
43,159
1,000
228,928
341,426
Resources
Movement
expended
in funds
£
£
(62,712)
(44,179)
(26,232)
(2,902)
(13,548)
1,152
(34,819)
18,116
(450)
2,250
(300)
-
(138,061)
(25,563)
(30,355)
24,051
(1,260)
(1,110)
(21,932)
19,653
(15,054)
(1,294)
(13,689)
3,401
(11,105)
2,911
(36,211)
7,551
(43,159)
-
-
1,000
(172,765)
56,163
(310,826)
30,600

continued...

Page 20

CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

15. MOVEMENT IN FUNDS - continued

Purposes of funds

BOBS (Being our best selves) in Sussex is a creative wellbeing programme supporting learning disabled adults to meet new people while building self confidence and wellbeing together through creative activities.

Delta 7 is a seven-piece rock band of learning disabled adults, supported and managed by Culture Shift since 2014. The band writes, records and performs all their own, original music, thereby advocating for themselves and other disabled people in the community in a powerful and positive way.

Circus of Sound Cabaret is a live performance event, which showcases diversity in the community and aspires to live up to the motto, "Everyone is welcome, everyone is included.

Holiday Activities and Food (HAF) is an extension of our Space to Create programme connecting with children and families over the holidays as part of government's Holiday and Food programme (HAF),aiming to make sure children and young people eligible for free school meals have access to food and quality activity over the holidays.

Space to Create is a programme of after-school creativity and wellbeing clubs for primary school children

Telling Your Story is a programme of after-school creativity and wellbeing clubs for secondary school children.

Young Carers expands on Culture Shift's Carers O'clock programme, delivering workshops to support young carers between the ages of 5 and 17

Carers O'Clock is a programme of activity sessions for carers across East Sussex designed to provide opportunities to meet with other carers, and engage in creative activities together in a safe and supportive environment.

Discovery College : Culture Shift supports the Discovery College programme managed by Sussex Partnership NHS Foundation Trust. In particular bringing on board new arts partners , expanding the reach of activity across the county, and supporting training and networking for the programme delivery team.

Creative Cafe is a programme of events and resources designed and delivered to support schools and colleges to provide clear, dynamic career insight, information and interaction across a number of sectors. We bring together young people and professionals to explore the different worlds of work in a lively, creative and informal environment.

16. EMPLOYEE BENEFIT OBLIGATIONS

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge for the year for employers contributions was £12,692 (2022; £13,517).

continued...

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CULTURE SHIFT

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2023.

Page 22