REGISTERED COMPANY NUMBER: CE024777 (England and Wales) REGISTERED CHARITY NUMBER: 1193350
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Seed Sedgemoor
Maxwells Chartered Accountants
4 King Square Bridgwater Somerset TA6 3YF
Seed Sedgemoor
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
Seed Sedgemoor
Report of the Trustees for the Year Ended 31 March 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
THE OBJECT OF SEED SEDGEMOOR IS TO CARRY OUT ACTIVITIES WHICH ADVANCE PARTICIPATION IN ARTS, CULTURE AND HERITAGE TO THE BENEFIT OF COMMUNITIES WE WORK WITH.
We aim to enable more people in our region to actively engage in the creative arts, particularly those who don't usually do so. We seek to remove barriers to participation, offer opportunities for people to engage with the arts, and for the arts to become a part of their everyday life. We believe everyone is creative and can benefit from opportunities to explore and develop their creativity.
We believe that arts, culture and creativity are not elite activities, but should be an ordinary part of everyday life, created by, with and for the people, responding to their imagination and reflecting the things that are important to the communities of Sedgemoor.
All of the activities undertaken by Seed will contribute to the overall purpose of growing new opportunities for people living or working in Sedgemoor to participate, create and celebrate through creative arts, culture and heritage activities. Our methodology comprises four overlapping business development stages.
Plough - This is our meeting, listening and research phase. We recruit Sowers and Growers from local communities, who take on the joint roles of representing their communities, connecting us to others and advocating for creative arts and culture.
Sow - This is where we catch and store energy. This phase is about inspiration, with participants having the opportunity to share and make the most of the knowledge and skills they will often have in abundance. We commission artists to work with the community in direct response to the needs, issues and interests identified in the plough stage. Sowers and Growers assess the proposals with us.
Grow - Commissioned activities from the plough stage take root and take on new, sustainable forms. Events may be restaged or even become annual, but they will always evolve and change in response to the communities we partner with as they increase their level of co-creation and ownership of them.
Yield - In this final development stage, we will see a realisation of creative arts and cultural life moved to the centre of community life, the learning and legacy created, the social enterprises established and a plan for future sustainability in place.
We also Value the Margins where we recognize that many things that contribute to the creative and cultural life of Sedgemoor take place beyond the focus, reach and scope of our activities. Where possible we will contribute to enabling conditions that enable them to thrive and develop further, and encouraging awareness and engagement with them across the community.
The charity website www.seedsedgemoor.com is regularly updated with past work including the most recent projects.
Public benefit
The trustees confirm that they have complied with the requirements of Section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
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Seed Sedgemoor
for the Year Ended 31 March 2022
Report of the Trustees
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We are two years into delivering our ten-year strategic plan. We are on target with the aims set out in that plan, despite having our activities significantly curtailed by the Coronavirus Pandemic in that period. We have demonstrated considerable agility, adapting our plans and commencing with online delivery in 2020, and achieved greater success through this approach than we expected.
In 2021/22 we have built on that success and rolled out a mixture of online and real-world social arts activities. During the year, we offered 17 different projects in a range of locations. Over the year we engaged with more than 3,300 participants, reaching an in person and on-line audience of over 50,000 with significant audience growth coming primarily from our successful ArtFirst project.
ArtFirst - We teamed up with four local artists and Buses of Somerset to create an opportunity for members of the community to get creative on the bus! Artists Fiona Campbell, Karl Bevis,
Jem Dick and Sharon Jacksties worked on three projects which produced art- works co-created with Buses of Somerset passengers and staff and other members of the community. The finished works were then displayed on buses on routes across Sedgemoor.
Blues in the Pews - In September, we started Blues in the Pews, a monthly open mic and jam night at St. John's Church in Highbridge. Featuring house band Mossflower, members of the public were invited to come along and enjoy the music, either in the audience or by joining in with the band on stage. With regular audiences of around 80 people and up to 12 participants, Blues in the Pews continues into 2022.
Come Together - Bringing together people from Burnham-on-Sea and Highbridge for a celebration to mark being able to gather again after 18 months of lockdowns and other social restrictions.
Create the Future - During October half-term, Seed ran a series of creative arts activity days in Bridgwater, Cheddar, Cossington and Highbridge. These pop-up events, offered local people the opportunity to have a go at some circus skills, make a badge or try some poetry writing. We also found out about local creative and cultural strengths and interests, and where we might create more impact.
Front Garden Music Festival - In June we ran the Front Garden Music Festival. Local performers were invited to come out into their gardens and perform for their neighbours and members of the community. In total, 25 artists played in 15 different locations throughout the day.
Glow Lanterns - Following the success of GlowHome in 2020, we worked with Create You again to organise a creative activity alongside the Christmas lights switch-on events in Highbridge and Burnham-on-Sea. Again, free kits to make a paper bag lantern were distributed prior to the event, and Create You also ran a series of free drop-in workshops.
Highbridge Podcast - Artist, Mell Turford collected the stories and history of Highbridge by speaking to members of the community. Through a series of conversations with groups in local venues such as St John's Church and Highbridge Community Hub, and at events including the Highbridge Arts Festival, Mell gathered the history of the town through first hand accounts, poems and stories. Ten monthly podcast episodes featuring these stories are being released through to mid 2022.
Highbridge Youth Arts - This provided a weekly accessible and affordable opportunity for local young people of Highbridge to take part in and perform dance and drama. Highbridge Youth Arts offered two different groups covering an age range of 5-18 years, supported by a team of experienced artists and facilitators.
Highbridge Youth Theatre
Artist facilitator, Selina Keedwell led two, weekly youth theatre groups for 7-18 year olds. The Highbridge Youth Theatre team worked with primary school age children and aimed to introduce them to theatre. The older group of 12-18 year olds were given an opportunity to develop their skills alongside professional artists and theatre organisations.
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Seed Sedgemoor
Report of the Trustees for the Year Ended 31 March 2022
Journey Exchange - This inter-generational storytelling and performance project was undertaken in partnership with Take Art. A community devised performance was created with residents of Burnham- on-Sea and Highbridge and performed on the Morland Estate in October as the curtain raiser to performance of Pirate Taxi by Pirates of the Carabiner. Co-creation workshops were held over a number of weekends before working with visiting outdoor performance artists from across Europe taking part on the RIOTE Project, who took part in a sharing weekend in Highbridge.
Mind Art Group - Local artist, Rachel Gundry ran sessions with community members every fortnight, offering them the chance to create art together, learn new skills and meet new people over a cup of tea.
The Nornen Project - Local producer, Corrinne Curtis worked with local people, who felt a sense of connection and ownership of the story, to create a brand-new theatrical show based on the wrecking of the Nornen at Berrow in 1897. The first phase of the project saw
professional theatre makers working with the local community to devise the show from scratch.
These locally-generated ideas were worked up into a full script, ready for full production. The project included talks by local historian and workshops by professional artists. The project has received further funding.
Stepping Out - A project specifically funded by the Arts Council to target loneliness and social isolation, brought about by the pandemic. We devised two strings to this project - digital and non-digital elements - to ensure the largest reach across the community, aware than not everyone in the district has access to the internet or technology: Zoom Clubs and Creative Conversations.
Window Wonderland - This year, windows in Cheddar were again adorned with colourful Christmas displays made from free kits made by The Arts Quarter in Cheddar. After its success in Cheddar in 2020, the project was opened up to the whole of Cheddar Valley, encompassing the
smaller towns and villages in the area.
Clashmob - We celebrated Joe Strummer's connection with Bridgwater through a flashmob performance of the Clash song 'Should I Stay or Should I Go' in Fore street Bridgwater in February. 30 local amateur guitar and bass players took part in the project which received national and international radio coverage.
FINANCIAL REVIEW
Financial position
In 2022 the Seed management team secured £377,778 funding for the Creative People and Places programme from Arts Council England until 2025.
The Seed Sedgemoor lead consortium member Homes in Sedgemoor is the named recipient for these funds. Whilst the CIO was being established these funds were drawn down by and administered on behalf of the consortium by Somerset Film and Video Ltd, which has a management contract with the lead consortium member. Therefore these accounts do not reflect in full the projects' funds for 2021/22. From April 2022 these funds will be drawn down as required by the new CIO and will be fully reflected in its accounts moving forward.
Incoming resources were £63,923 of which £43,173 related to unrestricted funds and £20,750 to restricted funds. Resources expended amounted to £3 of which £3 was from unrestricted funds and £nil from restricted funds. The balance held on general unrestricted funds at the end of the year was £43,170 and the balance held on designated unrestricted funds was £nil. The balance held on restricted funds at the end of the year was £20,750.
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Seed Sedgemoor
for the Year Ended 31 March 2022
Report of the Trustees
PLANS FOR FUTURE PERIODS
Aims and key objectives for future periods
The charity is committed to consolidating its delivery in key areas and to growing engagement and audiences in Sedgemoor.
Our third 12 months of activity to the end of March 2023 will simultaneously focus on continuing our community consultation work and delivering projects in response to our findings. We will continue to deliver these four key services: Hub Development
We will focus our grass roots activity in four local hubs across the plan. Each of these hubs will be rooted in community, and established in partnership with local community organisations. In 2022 our previous focus area of Highbridge moves into the Grow phase.
We have commissioned further development of some Sow phase projects and we will explore other opportunities to enrich the ongoing artistic and cultural development of the communities we connected with in 2021 including commissioning activities at the new Burnham Book Festival and other potential new partners.
Our new focus areas for 2022, Cheddar, Axbridge and the Poldens is where we will recruit new sowers and growers and commission new activities in the Sow phase of our engagement and development model. In 2023 our focus will be Bridgwater, specifically on a summer programme of activities in a new festival concept, to be developed through consultation and in partnership with local residents.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Third party indemnity insurance policy
The charity maintains a third party indemnity insurance policy for the benefit of the Trustees. The policy was in force during the year and remains in force at the time of approval of this report.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE024777 (England and Wales)
Registered Charity number
1193350
Registered office
50 - 52 High Street Bridgwater Somerset TA6 3BL
Trustees
N E McDevitt M J Lerry A Buchanan S Isherwood
Company Secretary
Bankers
Co-Operative Bank Business Direct PO Box 250 Skelmerdale WN8 6WT
Approved by order of the board of trustees on ............................................. and signed on its behalf by: Tuesday 6th December 2022
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Seed Sedgemoor
Report of the Trustees for the Year Ended 31 March 2022
Ms N E McDevitt - Trustee
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Seed Sedgemoor
Statement of Financial Activities for the Year Ended 31 March 2022
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 43,173 20,750 EXPENDITURE ON Charitable activities 3 Bank charges 3 - NET INCOME 43,170 20,750 TOTAL FUNDS CARRIED FORWARD 43,170 20,750 |
Total funds £ 63,923 3 63,920 63,920 |
|---|---|
The notes form part of these financial statements
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Seed Sedgemoor
Balance Sheet 31 March 2022
| Unrestricted Restricted fund funds Notes £ £ CURRENT ASSETS Debtors 5 5,117 - Cash at bank 38,053 20,750 43,170 20,750 NET CURRENT ASSETS 43,170 20,750 TOTAL ASSETS LESS CURRENT LIABILITIES 43,170 20,750 NET ASSETS 43,170 20,750 FUNDS 6 Unrestricted funds Restricted funds TOTAL FUNDS |
Total funds £ 5,117 58,803 63,920 63,920 63,920 63,920 43,170 20,750 63,920 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: Tuesday 6th December 2022
............................................. N E McDevitt - Trustee
The notes form part of these financial statements
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Seed Sedgemoor
Notes to the Financial Statements for the Year Ended 31 March 2022
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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
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.
Taxation
The charity is exempt from corporation tax on its charitable activities.
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.
2. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: Homes in Sedgemoor Burnham-on-Sea & Highbridge Town Council Come Together Burnham-on-Sea & Highbridge Town Council Seafront Art Sedgemoor District Council, Clashmob Bridgwater Town Council, Clashmob Arts Council England, Creative People and Places |
£ 56 63,867 63,923 £ 38,000 1,500 17,000 500 1,750 5,117 63,867 |
|---|---|
continued...
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Seed Sedgemoor
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
3. CHARITABLE ACTIVITIES COSTS
| CHARITABLE ACTIVITIES COSTS | ||
|---|---|---|
| Direct | ||
| Costs | ||
| £ | ||
| Bank charges | 3 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022.
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£ Other debtors 5,117
6. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||
|---|---|---|
| Unrestricted funds | Net movement At in funds 31.3.22 £ £ |
|
| General fund | 43,170 43,170 |
|
| Restricted funds | ||
| Clashmob | 2,250 2,250 |
|
| BOSH Seawall | 17,000 17,000 |
|
| Come Together | 1,500 1,500 |
|
| 20,750 20,750 |
||
| TOTAL FUNDS | 63,920 63,920 |
|
| Net movement in funds, included in the above are as follows: | ||
| Unrestricted funds | Incoming resources £ |
Resources Movement expended in funds £ £ |
| General fund | 43,173 | (3) 43,170 |
| Restricted funds | ||
| Clashmob | 2,250 | - 2,250 |
| BOSH Seawall | 17,000 | - 17,000 |
| Come Together | 1,500 | - 1,500 |
| 20,750 | - 20,750 |
|
| TOTAL FUNDS | 63,923 | (3) 63,920 |
continued...
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Seed Sedgemoor
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
8. SOMERSET FILM & VIDEO LTD
During 21/22 and under the terms of a management contract with the Seed Sedgemoor lead consortium member, registered charity and consortium member Somerset Film and Video Ltd drew down and administered the funds for the Creative People and Places project. This was a temporary arrangement until Seed Sedgemoor could establish the CIO and set up bank accounts. This funding is reported in the annual accounts for Somerset Film and Video Ltd and lodged with Companies House and the Charity Commission.
The total amount of income drawn down for the financial year 2021/22 was £372,543.59.
All funds were dispersed across the following Charitable Activities:
Project Costs £215,384.84 Employment Costs £101,858.91 Management Costs £39,023.32 Legal and professional £292.16 Travel and subsistence £500.87 Office expenses £64.56 Printing, postage and stationary £1,720.32 Bank charges £0.27 Advertising and Promotion £8,581
Somerset Film held £5,117.34 of Seed funds at the end of March 2022.
From April 1st 2022 and moving forward all funding related to project expenditure and the employment of staff will be drawn down and dispersed directly by Seed Sedgemoor CIO.
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Seed Sedgemoor
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
£
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Total incoming resources EXPENDITURE Charitable activities Bank charges Total resources expended Net income |
56 63,867 63,923 63,923 3 3 63,920 |
|---|---|
This page does not form part of the statutory financial statements
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