KING LEAR ARTS
Charity Registration Number: 1194519
CHAIR’S STATEMENT OF ANNUAL ACTIVITIES
For the year ending 31 March 2025
I am writing in my capacity as Chair of Trustees of King Lear Arts to provide a statement of the charity’s activities for the year ending 31 March 2025.
No core charitable activities were undertaken during this period. The charity did not run the King Lear Prizes competition or any other programme of active participation in the creative arts.
The principal activity during the year was the production of King Lear Prizes books, comprising the drafting, editing, and printing of a publication showcasing the work of prizewinners from the King Lear Prizes competition. Copies of the book were sent to:
-
His Majesty The King;
-
Her Majesty The Queen; and
-
prizewinners from the King Lear Prizes competition.
The Private Secretary to His Majesty The King and the Private Secretary to Her Majesty The Queen each wrote to acknowledge receipt of the books and to convey thanks.
The only other expenditure during the year related to routine administrative costs, principally website hosting and accounting fees.
The charity did not generate any income during the year.
............................................
Andrew Browning Chair of Trustees King Lear Arts
KING LEAR ARTS CIO
RECEIPTS AND PAYMENTS ACCOUNT FOR YEAR ENDING 31 MARCH 2025
| Receipts and payments | |
|---|---|
| Receipts Fundraising (gross) Competition entry fees Sale of merchandise Total gross Income Increase in loans to the charity Total receipts Payments Charitable Payments Accountancy fees Advertising & marketing Consultancy fees IT & software Printing Sundry expenses Sub total Fundraising expenses Competition prizes Other competition expenses Sub total Repayment of loans Total payments Net receipts/(payments) Cash funds at end of last period Cash funds at end of this period |
01/04/2024 01/04/2023 31/03/2025 31/03/2024 Unrestricted funds Unrestricted funds £ £ - 31,741 - 2 |
| - 31,743 | |
| - 9,734 |
|
| - 41,477 |
|
| 900 1,000 7,000 1,100 13,322 3,137 9,697 1,045 51 |
|
| 6,182 31,070 132 3,300 5,344 |
|
| 132 8,644 773 |
|
| 7,087 39,714 | |
| (7,087) 1,763 |
|
| 12,518 10,755 |
|
| 5,431 12,518 |
| Statement of assets and liabilities at end of the period | Statement of assets and liabilities at end of the period |
|---|---|
| Cash Funds Current account Deposit account Liabilites Loan from trustee Net cash liabilites Approved by the Trustees on |
31/03/2025 31/03/2024 £ 5,431 12,518 - - |
| 5,431 12,518 (31,953) (32,726) |
|
| (26,522) (20,208) |
|
Andrew Browning Chair