## **Take A Part CIO**
**Charity No. 1192298**
**Company No. CE023324**
**Trustees' Report and Unaudited Accounts**
**31 March 2024**
**Take A Part CIO Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Summary Income and Expenditure Account|8|
|Balance Sheet|9|
|Statement of Cash flows|10|
|Notes to the Accounts|11 to 18|
|Detailed Statement of Financial Activities|19 to 20|
Page 1
**Take A Part CIO Trustees Annual Report**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. CE023324**
## **Charity No. 1192298**
## **Registered Office**
C/O Karst 22 George Place Plymouth Devon PL1 3NY
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
S. Bowden C.S. Hope G.M. Leahy Z. Li J. Miller (Resigned 8 February 2024) J.C. Moreton K.M. Pilkington J. Puleston (Resigned 8 February 2024)
## **Key Management Personnel**
Chair Dr Gerard Mark Leahy CEO Kim Wide
## **Accountants**
Precise Accountants Ltd Unit 6, Brooklands Budshead Road Plymouth Devon PL6 5XR
Page 2
**Take A Part CIO Trustees Annual Report**
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document is to promote, maintain, improve and advance education and appreciation of the arts in all forms in particular, but not limited to, the provision of community arts projects led by community engagement in Plymouth and the wider South West region.
The main activities undertaken in relation to those purposes are below:
## Community Arts Projects and Commissions
Working with communities that have historically and systemically had less, we use creativity as a catalyst for change - supporting the development of more agency and activism from the ground up.
## Creative Education Programmes
Using creativity as another way ‘in’, we support teachers, parents, early years education etc to use creativity to engage children in learning and to increase educational attainment and appreciation of the arts for young people at the earliest stages of life.
Creative Programmes for Young People
We work with CYP of all age ranges in projects that are devised and delivered by them. They set the ambitions, the budgets and the briefs for all the work and then work alongside of us to monitor and develop projects that support YP across the city (such as asset based community development mapping projects, social enterprise work, creating art in the public realm etc).
Supporting the Sector: Advice, Guidance, Talent Development and Mentoring
We support those interested in community arts to upskill via a range of activities such as our flagship Social Making symposium, mentoring and advice support, Social Learning (Learn As You Go and Pay What You Can online sessions) and via placements and smaller commissions.
## **ACHIEVEMENTS AND PERFORMANCE**
Community Arts Projects and Commissions:
East End Arts Action Group - convening community members and local agencies (police, education, health, local authority, youth services) to work collectively to map the local ambitions and create a vision together.
Happier Blue Spaces - A programme to support environmental literacy and stewardship in the East End bringing science, art and community training together.
Creative Education Programmes:
Crazy Glue - a series of after school art clubs for parents and children from vulnerable families in Efford, East End and Whitleigh to engage together creatively to find ways to support one another and get signposted to services and support in their area that address wider needs such as energy crisis support, employment services et al.
Max Literacy - a programme supporting literacy and creative writing through arts and creative activities with children and their families.
Page 3
**Take A Part CIO Trustees Annual Report**
Creative Programmes for Young People:
Drift Kicks - Building on our Young Creatives (PRIME) project working with the skating community of Plymouth in partnership with PRIME Skatepark, exploring social enterprise models and DIY approaches for making with creativity (ie designing skateboards and logos, repeat patterns etc). With commissioning from Plymouth Culture we worked with the skate community to develop 2 public art pieces - a mural by Chris Alton, and skateable sculptures titled ‘Drift Tricks’ developed through workshops led by artists and skateboarders Dani Abulhawa and Bedir Bekar.
## Sector Support Development:
Partnership Projects and Advisory Support work with Royal Academy of Dance, Canals and Rivers Trust, Local Trust, Birmingham Museums Trust
Talent Development via Art Encounters:
Year 1 of a 3-year national programme in partnership with Engage (the National organisation for Gallery Education) offering peer-learning for emerging artists and smaller-scale cultural organisations wishing to develop talents and learn to measure impacts around engagement with schools and children and young people.
International Research:
Research trips: into new/different models of socially engaged arts practice in Borneo and India.
## **FINANCIAL REVIEW**
## Free Reserve Policy
Take a Part CIO’s free reserves policy states that the organisation's free reserves should be higher or equal to the amount of months owed to the team should redundancy take effect plus £5K for legal expenses related to a redundancy process.
The free reserve total for redundancy and legal costs was £28,586 at the year end. The charity had unrestricted funds of £81,662 at the 31 March 2024 which is adequate funding to support the free reserve target sum. The free reserve target is regularly reviewed to ensure that it meets the organisation’s changing staffing needs.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006.
The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
Gerard Mark Leahy
Page 4
**Take A Part CIO Trustees Annual Report**
G.M. Leahy Trustee 05 August 2024
Page 5
Take A Part CIO
Independent Examlners Re
Independent Examlner's Report to the tnthes ol Take A Part ao
I report to the charlty trustees on my examination of the finandal statements of Take A Part cio for the year
ended 31 March 2024.
Responslbllftles and basls of report
As the charitys trustees of the company land also Its dlrettors for the purposes of company lawl you are
responsilAe for the preparation of the finanaal Statements in xcordance wlth the requlrements of the
Companies Act 2{ I'the 2(M)6 ACL
HavSn8 Satlsfied mysell that the finanaal statements of the Charlty are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respert of my examination of
your charity's financial statements as carried out under sectlon 145 of the Charities Act 20111.the 2011 Act'l.
In carrylng out my examination I have followed the Dlrectlons 8lven by the Charity Commission under section
145151 Ib) of the 2011 Art.
Ind•pendent ex•mlnees stal•m•nt
A5 the charlty's gross Income exceeded £250.(W your examiner must be a member of a body listed In
Section 145 of the 2011 Art. l ¢onflrm that l am qualified to undertake the examination becaust l am a
member of FCCA, which is one of the11sted bodle
I havè tompleted my examlnatlon. I can confirm that no materlal matters have come to my attentSon In
connèrtlon with the examSnètlon glving me cause to belleve:
accountlng records were not kept in accordance with section 386 of the 2006 Act , or
• the financial statements do not accord with those recwds: or
• the financial statements do not comply wlth the actountln8 requirements under sectlon 396 of the 2006
A¢t other than any requlrement that the flnanclal statements glve a *rue and falrf ¥lew whlch Is not
matter considered as part of an independent examination,. or
the financlal statements have not been prepared in accordance with the methods and prlnclples of the
Statement of Recommended Practice for accountin8 and reportin8 by charities applicable to charities
preparin8 their accounts in accordance with the Finantlal Reporting Stsndard appllcable in the UK and
Republlc of Ireland IFRS 1021.
I have no concerns and have come across no other matters In connection wlth the examlnatlon to whlch
attentlon should be drawn in thls report In order to enatAe a proper understsndin8 of the financial
ststements to be reached.
Mr Lee Jame5 Hardacre FCCA
Pre¢lse Ac¢ountants Ltd
Unlt 6. Brooklands
Budshead Road
Plymouth
Devon
PL6 5XR
05 Au8115t 2024
Page 6
**Take A Part CIO Statement of Financial Activities**
## **for the year ended 31 March 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Other trading activities
6
**Total**
**Expenditure on:**
Raising funds
7
Other
8
**Total**
Net gains on investments
**Net income**
9
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
17,988
102,377
27,140|**Restricted**
**funds**
**2024**
**£**
-
157,377
-|**Total funds**
**2024**
**£**
17,988
259,754
27,140|**Total funds**
**2023**
**£**
65,178
170,727
28,511|
|---|---|---|---|---|
||147,505
-
101,771|157,377
4,600
159,128|304,882
4,600
260,899|264,416
1,500
258,137|
||101,771
-|163,728
-|265,499
-|259,637
-|
||45,734
-|(6,351)
-|39,383
-|4,779
-|
||45,734|(6,351)|39,383|4,779|
||45,734
35,928|(6,351)
20,156|39,383
56,084|4,779
51,305|
||81,662|13,805|95,467|56,084|
Page 7
**Take A Part CIO Summary Income and Expenditure Account**
## **for the year ended 31 March 2024**
|Income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2024**
**£**
304,882
304,882
264,730
1
768
265,499
39,383
39,383|**2023**
**£**
264,416|
|---|---|---|
|||264,416|
|||259,364
-
273|
|||259,637|
|||4,779|
|||4,779|
Page 8
**Take A Part CIO Balance Sheet**
## **at 31 March 2024**
|**Company No.**
**CE023324**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
11
2,575
Investments
12
1
2,576
**Current assets**
Debtors
13
24,675
Cash at bank and in hand
89,482
114,157
**Creditors:**Amount falling due within one year
14
(21,266)
**Net current assets**
92,891
**Total assets less current liabilities**
95,467
**Net assets excluding pension asset or liability**
95,467
**Total net assets**
95,467
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
13,805
13,805
**Unrestricted funds**
15
General funds
81,662
81,662
**Reserves**
15
**Total funds**
95,467|**2023**
**£**
2,118
1|
|---|---|
||2,119
27,352
49,065|
||76,417
(22,452)|
||53,965
56,084|
||56,084|
||56,084|
||20,156|
||20,156
35,928|
||35,928|
||56,084|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 05 August 2024
And signed on its behalf by:
G.M. Leahy Trustee 05 August 2024
Page 9
**Take A Part CIO Statement of Cash flows for the year ended 31 March 2024**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Decrease/(Increase) in trade and other receivables
Decrease in trade and other payables
**Net cash provided by/(used in) operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase/(decrease) in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2024**
**£**
39,383
768
2,677
(6,544)
36,284
(1,225)
(1,225)
-
35,059
49,065
84,124
89,482
89,482|**2023**
**£**
4,779
273
(17,336)
(14,497)|
|---|---|---|
|||(26,781)
(1,739)|
|||(1,739)|
||||
|||-|
||||
|||(28,520)|
|||77,586|
|||49,066|
||||
|||49,065|
||||
|||49,065|
Page 10
**Take A Part CIO Notes to the Accounts**
## **for the year ended 31 March 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 11
**Take A Part CIO Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and equipment 20% Straight line
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 12
**Take A Part CIO Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 13
**Take A Part CIO Notes to the Accounts**
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
**Total**
**Expenditure on:**
Raising funds
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Income from charitable activities**
Grants|**Unrestricted**
**£**
102,377
-
102,377|**Unrestricted**
**funds**
**2023**
**£**
65,178
115,594
28,511
209,283
1,500
223,160
224,660
(15,377)
(15,377)
(15,377)
51,305
35,928
**Unrestricted**
**£**
17,988
17,988
**Restricted**
**£**
157,377
-
157,377|**Restricted**
**funds**
**2023**
**£**
-
55,133
-
55,133
-
34,977
34,977
20,156
20,156
20,156
-
20,156
**Total**
**2024**
**£**
17,988
17,988
**Total**
**2024**
**£**
259,754
-
259,754|**Total funds**
**2023**
**£**
65,178
170,727
28,511|
|||||264,416
1,500
258,137|
|||||259,637|
|||||4,779|
|||||4,779|
|||||4,779
51,305|
|||||56,084|
|||||**Total**
**2023**
**£**
65,178|
|||||65,178|
|||||**Total**
**2023**
**£**
169,064
1,663|
|||||170,727|
Page 14
**Take A Part CIO Notes to the Accounts**
## 6 **Income from other trading activities**
|Fundraising activities
7
**Expenditure on raising funds**
_Fundraising trading costs_
Fundraising activities
8
**Other expenditure**
Advertising and marketing
costs
Project, Workshop and event
costs
Bank loan and overdraft
interest payable
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
9
**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
-
27,829
1
60,690
3,774
-
768
4,108
4,601
101,771|**Unrestricted**
**£**
27,140
27,140
**Restricted**
**£**
4,600
4,600
**Restricted**
**£**
9,974
44,511
-
97,643
6,000
-
-
1,000
-
159,128
**2024**
**£**
768|**Total**
**2024**
**£**
27,140
27,140
**Total**
**2024**
**£**
4,600
4,600
**Total**
**2024**
**£**
9,974
72,340
1
158,333
9,774
-
768
5,108
4,601
260,899|**Total**
**2023**
**£**
28,511|
|---|---|---|---|---|
|||||28,511|
|||||**Total**
**2023**
**£**
1,500|
|||||1,500|
|||||**Total**
**2023**
**£**
8,478
57,277
-
171,639
7,673
1,035
273
3,651
8,111|
|||||258,137|
|||||**2023**
**£**
273|
Page 15
**Take A Part CIO Notes to the Accounts**
## 10 **Staff costs**
|Salaries and wages
Social security costs
Pension costs
No employee received emoluments in excess of £60,000.
11 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation and**
**impairment**
At 1 April 2023
Depreciation charge for the
year
At 31 March 2024
**Net book values**
At 31 March 2024
At 31 March 2023
12 **Investments**
**Cost or revaluation**
At 1 April 2023
At 31 March 2024
**Net book values**
At 31 March 2024
At 31 March 2023
**Investment in Subsidiaries**
The company has the following subsidiary undertakings:
**Name of company**
**Country of**
**incorporation**
**(if not UK)**
**Class of**
**shares held**
Take a Part Trading Limited
Ordinary|**2024**
141,690
6,439
2,474
150,603
**% age of**
**shares held**
**%**
100|**Fixtures and**
**equipment**
**£**
2,658
1,225
3,883
540
768
1,308
2,575
2,118
**Investment**
**in**
**Subsidiaries**
**£**
1
1
1
1
**Capital and**
**reserves at**
**end of the**
**relevant**
**year**
**£**
1|**2023**
140,644
4,030
2,717|
|---|---|---|---|
||||147,391|
||||**Total**
**£**
2,658
1,225|
||||3,883|
||||540
768|
||||1,308|
||||2,575|
||||2,118|
||||**Total**
**£**
1|
||||1|
||||1|
||||1|
||||**Profit/(loss**
**) for the**
**relevant**
**year**
**£**
6|
Page 16
**Take A Part CIO Notes to the Accounts**
## 13 **Debtors**
|Other debtors
Prepayments and accrued income
14 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred income
15 **Movement in funds**
**Restricted funds:**
**Restricted income funds:**
Arts Council
Happier Blue Spaces
Happier Green Spaces
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 1 April**
**2023**
-
20,156
-
20,156
35,928
56,084|**2024**
**£**
79
24,596
24,675
**2024**
**£**
5,583
141
4,813
6,359
4,370
21,266
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
91,641
40,536
25,200
157,377
147,505
304,882|**Resources**
**expended**
**£**
(89,164)
(60,692)
(13,872)
(163,728)
(101,771)
(265,499)|**2023**
**£**
236
27,116|
|---|---|---|---|---|
|||||27,352|
|||||**2023**
**£**
647
1,801
12,070
1,001
6,933|
|||||22,452|
|||||**At 31**
**March**
**2024**
**£**
2,477
-
11,328|
|||||13,805|
|||||81,662|
|||||95,467|
Purposes and restrictions in relation to the funds:
Restricted funds: Arts Council Covering project and staffing costs Happier Blue Spaces Covering project and staffing costs Happier Green Spaces Covering project and staffing costs
Page 17
**Take A Part CIO Notes to the Accounts**
## 16 **Analysis of net assets between funds**
|Fixed assets
Investments
Net current assets
**Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 April**
**2023**
**£**|**Unrestricted**
**funds**
**£**
2,575
1
92,891
95,467
**Cash flows**
**£**|**Total**
**£**
2,575
1
92,891|
|---|---|---|---|
||||95,467|
||||**At 31**
**March**
**2024**
**£**|
||49,065|40,417|89,482|
||49,065
49,065|40,417
40,417|89,482|
||||89,482|
|||||
|**Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2024**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the company
amounted to:|are as follows:
**2024**
**Other**
**£**
**2024**
**£**
2,474|**2023**
**Land and**
**buildings**
**£**|**2023**
**Other**
**£**
**2023**
**£**
2,717|
## 17 **Reconciliation of net debt**
## 18 **Commitments**
## 19 **Related party disclosures**
## _**Controlling party**_
The company is a charitable incorporated organisation (CIO) and has no share capital; thus no single party controls the company.
Page 18
**Take A Part CIO Detailed Statement of Financial Activities**
## **for the year ended 31 March 2024**
|**Income and endowments from:**
Donations and legacies
Donations
Charitable activities
Grants
Other trading activities
Fundraising activities
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
Fundraising activities
**Total of expenditure on raising**
**funds**
Other expenditure
Advertising and marketing
costs
Project, Workshop and event
costs
Bank loan and overdraft
interest payable
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff entertainment
Staff training
Staff welfare
Motor and travel costs
Travel and subsistence
Rent|**Unrestricted**
**funds**
**2024**
**£**
17,988
17,988
102,377
-
102,377
27,140
27,140
147,505
-
-
-
-
27,829
1
27,830
49,554
6,439
2,474
-
-
2,223
60,690
3,774
3,774
-
-|**Restricted**
**funds**
**2024**
**£**
-
-
157,377
-
157,377
-
-
157,377
4,600
4,600
4,600
9,974
44,511
-
54,485
92,136
-
-
-
5,507
-
97,643
6,000
6,000
-
-|**Total funds**
**2024**
**£**
17,988
17,988
259,754
-
259,754
27,140
27,140
304,882
4,600
4,600
4,600
9,974
72,340
1
82,315
141,690
6,439
2,474
-
5,507
2,223
158,333
9,774
9,774
-
-|**Total funds**
**2023**
**£**
65,178|
|---|---|---|---|---|
|||||65,178|
|||||169,064
1,663|
|||||170,727|
|||||28,511|
|||||28,511|
|||||264,416
1,500|
|||||1,500|
|||||1,500
8,478
57,277
-|
|||||65,755|
|||||140,644
4,030
2,717
105
24,143
-|
|||||171,639|
|||||7,673|
|||||7,673|
|||||1,035|
|||||1,035|
Page 19
**Take A Part CIO**
## **Detailed Statement of Financial Activities**
General administrative costs,
|including depreciation and
amortisation
Depreciation of Fixtures and
equipment
Bank charges
Equipment leasing and hire
charges
General insurances
Software, IT support and
related costs
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
**Total of expenditure of other**
**costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|768
319
874
776
1,303
179
87
570
4,876
1,901
2,400
300
4,601
101,771
101,771
-
45,734
45,734
-
45,734
35,928
81,662|-
-
1,000
-
-
-
-
-
1,000
-
-
-
-
159,128
163,728
-
(6,351)
(6,351)
-
(6,351)
20,156
13,805|768
319
1,874
776
1,303
179
87
570
5,876
1,901
2,400
300
4,601
260,899
265,499
-
39,383
39,383
-
39,383
56,084
95,467|273
321
-
704
1,030
689
273
634|
|---|---|---|---|---|
|||||3,924|
|||||6,852
-
1,259|
|||||8,111|
||||||
|||||258,137|
|||||259,637
-|
|||||4,779|
|||||4,779
-|
|||||4,779|
|||||51,305|
|||||56,084|
Page 20