## 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**