Saxmundham Art Slalion REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 STATEMENT OF ACCOUNTS AMENDED For the year ended 30 June 2023 Saxmundham Art Slation ESTABLISHED BY DEED REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 Registered Address.. 48 High Street Saxmundham Suffolk IP17 1AB Trustees.. Paul Richards Susan Barnet Lucy Holmes Amy Stein Catherine Thorpe Independent Examiners.. Triple Bottom Line Accounting Ltd The Enterprise Centre University of East Anglia Norfolk NR4 7JT Saxmundham Art Station REGISTERED NUMBER10227051 CHARITY NUMBER 1197450 STATEMENT OF ACCOUNTS For the ear ended 30 June 2023 INDEX Page TRUSTEE'S REPORT 1to13 INDEPENDENT EXAMINER'S REPORT 14to15 STATEMENT OF FINANCIAL ACTIVITIES 16 BALANCE SHEET 17to 18 NOTES TO THE ACCOUNTS 19to24 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 The Irustees, who are also the directors for the purposes of wmpany law, present their report and the unaudited financial slatements of the charity forthe year ended 30th June 2023. The financial statemerrts have been prepared in accordan￿ with Ihe accounting policies sel OLrt in Ihe notes lo the accounts and Comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practi applicable lo charities preparing their acwunts in accordance with the Financial Repjffjng Standard applicable in the UK and Republic of Ireland published in October 2019. Saxmundham Art Station is governed by its Memorandum and Articles of Association incorporated 11 th June 2016, as amended by a special resolution registered al Companies House on 18th December 2021. Reference and administrative details Registered charity name Charity registration number Company registration number Principal office Registered offi Saxmundham Art Slalion 1197450 1022 7051 48 High Street, Saxmundham, Suffolk, IP17 1AB 48 High Street, Saxmundham, Suffolk, IP17 1AB Trustees The trustees who served us during the year and at the date of approval were as follows.. Susan Barnel Lauren￿ Edwards Iresigned Slh De￿mber 20231 Lucy Holmes lappoinled 4th September 20231 Paul Richards Amy Stein lappoinled 5, December 20231 Catherine Thorpe (appointed 6th March 20231 Established by Deed Senior Management Clare Palmier, Director Verity Slade, Programme Manager until 13 December 2023 Emily Cannell Programme Manager from 1. February 2023 Bank Triodos Bank, Deanery Road, Bristol, BS15AS Independent Examlner Peter Ellington. Triple Bottom Line Accounting, The Enterprise Cenlre, University of East Anglia. Nomch, Norfolk, NR4 7TJ Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Ob'ectives and Activities The charity's objectives I"Objecls"l are speGifiGally restricted to the following.. 1. To advance Ihe arts and culture for the benefrt of Ihe public, parti￿larty but not exclusively, by promob'ng and facilrtating access to, creation of and exhibitions of the visual arts and other art forms., 2. To advan￿ education for the public benefit, particulady (bLrt not exdusivelyl in relation to the visual arts 3. To provide for the recreation of children, young people and adults for the benefit of the public by providirKJ facili(ies, Spa￿ and services to them in Ihe inleresl of social we￿are wtth the objecl of improving their conditions of life., and 4. To promote so(aal indusK)n forthe public benefit by preventing people from becoming socially excluded, relieving the needs of those [￿Ople who are socialty excluded and promding actwities to assist their integration into society. For the purpose of this clause 'socially excluded, means being excluded from society, or part of society, as a resutt of one or more of the following.. ill health (mental or physical); disability., unemployment., financial hardship., poor educational or skills attainmenl. About Saxmundham Art Station known as The Art station The Art Station is a dynamic, inclusive, arts organisation, offering an engaging free high-quality Art and Learning Programme - exhibitions, events, talks, screenings, tours and creative sessions and workshops for all ages in our community- Our activities bring people together around creativity, offering enjoyable new creative experiences; providing volunteering, work placEments, work experience for a community that has little access to recreation, local facilities or cultural opportunities. Our presence and activities increase the development of the creative industries and the cultural and creative economy l(Thlly and supports access to creative careers for young people. We developing a supportive ne￿0￿{ that develops (xeatwe practicR as well as sustainable ca￿erS through offering affordable workspa￿, an engaging art and leaming programme which gives access lo and encourages discourse about contemporary practice, creative mentoring, local freelance employmenl, careers support, peer crits, and support in making applications. Our programme supports Ihe development of creative digital technology and making this ac￿Ssible lo audiences and participants. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 We offer activty in our base at the telephone exchange, our new Spa￿ at the old bank and in other venues bcalty in the town and in other venues as appropriate to the programme. We w(xk with partner organisations to insure the impad ofour work is effertwe and that we reach people might experien￿ more chalknges to accessing culture and ueatwity. Public Benefit In shaping our objectives for the year and planning our aclivilies, the Iruslees have considered the Charity Commission's guidan￿ on Public Benefit including, The Public Benefit Requirement IPB11, Runniro a Charty IPB2} and Reporting {PB3). Trustees Re ort The Art Station's work over the last year has grown and developed as we o)ntinue to develop our programme and presence in Saxmundham and East Suffolk. Our organisalion and activities are a valued and appreciated feature of the local cultural ecolwy and our impact is LEing aCkno￿edged by partner organisations, funders and our communty and our work acknowledged and highlighted in East Suffolk's new cultural strategy- (Feb 2023). AJI Station launched the new Sax Arts Fest in June 2023 which was a great suC￿S and wll now become an annual event- bringing in over 2500 people into town- I(￿1 (x)mmunity and new Msitors- (xealing a warm and wel(x)ming atmosphere and launching the museum quality exhibib'on Heads and Tails which brought audien￿ from across the UK and visitors from Europe. Art Station cx)ntinues to champion our local creatives and cultural community as well as bringing artists from across the UK and this year from other countries across the wortd so there is an opportunty for people in Suffolk to see high quality work from a wide range of both emerging and estsblished artists. The finanaal challenges for small charities including The Art station have continued this year with the conlinuing Ukraine war, energy crisis. infflation, ￿$t of living increases and across the charity sector there has been much doom and glix)m. Desprte this challenge Art Station is engaging its )mmunities and growing its audien￿ and participants by delivering a higlFquality programme. We are grateful to all our funders who have invested in our activilies during this year, some for the first time and acknowledge their wtal support and rect)gnition. Securing longer term and multi-year funding remains a priority. Increasing potential income streams and developing new partnerships over the next year Mrill enable us to grow our programme and offer more lo our community and lo achieve some financial security and build necessary reserves. Negotiations securing ground floor Spa￿ for our programme remains a priority. Meanwhile we have been offering activities in other venues and at partner sites lo ensure ac￿ssibl11tY and this has offered an opportunity and an advantage, enabling us lo connect with people in other buildings who might not venture into the Art Station. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Director's Re ort Clare Palmier What a brilliant year we've hadl Art Station has built on the work achieved since we relaunGhed our programme in May 2021 and delivered another exciting programme across the year, working with new partner organisations, engaging with our cornmunity and extending the reach of our audience and participants and further increasing our profile. The team has developed skills and experience together in order to effectively plan, develop and deliver the programme and we've been delighted to welcome Emily Cannell to the team in Feb 2023. We've supported volunteers and work experience students within our team who have been a great asset and who've enjoyed and gained from their experience. We have developed our initial partnerships with Saxmundham Museum, Saxmundham Library, Cornmunity Fridge, Britten Pears Arts, First Light Festival and Saxmundham Town Council in order that we can mosl effectively deliver our programme and increase our impact. Our Flag Project began the year wilh a display of community and artisl flags along the high street transforming the lown with Iheir colour and vibrance. When Ihey came down it was clear how naked and bare the street looked! Our Flag Project exhibition showed work by local and established artists including a beautiful archive video work "Here is a Gale Warning" by the late Rose Finn-Kelcey. Our programme has included two high profile exhibitions.. Dity Work Part One and Part Two co- curaled with William Cobbing, a UK ceramicisl showing internationally and Heads and Tales, our first big solo show. by artist Abigail Lane. Dirty Work was our first experience of working with high profile artists showing internationally and importing work from Europe. Thanks go to Mtec for their support with this complicated posl-Brexit process and for the kind donation from their corporate trust. Heads and Tails was a huge show of an extensive body of work. Both these shows brought in audience from Europe, cities across the UK and were an opportunity to show museum-quality work here in Saxmundham for our local community. With both Dirty Work and Heads & Tails, the Art Station approach has been integral - how can we offer communication of the ideas and preoccupations of the work through other related activities which expand, enhance, and offer access to the work. We offered talks with the artists- Clare Twomey in conversation with William Cobbing., or with other connected creatives as with the Julia Blackburn conversation with Professor Freddie Robins in relation to Heads and Tails, embroidery, and Julia's book on John Craske. We also offered creative ceramics sessions (Dirty Work) and bird- making sessions (Heads & Tails) for different age groups- adults with learning disabilities, children and families. secondary school sludents. older women. We supported digital work and younger artists through the exhibition Player Piano - curated by Bob Bicknell-Knight. Work by six young artists.. Kara Chin. Kumbirai Makumbe. Catinca Malaimare. Emily Mulenga, Petra Szeman and Rafal Zajko- all showing internationally. was curated in a show which offered our audience access lo conlemporary digilal work and technology in a slunning, mesmerising work. It was fascinating and enriching io have Ihis energetic work in our building offering audiences engagement in practice and ideas currently within creative lechnology. Super awesome exhibition and innovative work to be shown in a rural spacel Such an exciting range of work- the video pieces felt so immersive and hypnotic. Thank youl Fantastic and diverse work- great to see it in Saxmundham- Well done lo everyone involved. Interesting and thought-provoking work...great to see challenging art works in East Suffolk. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 After an open submission and recruitment, we offered a residency to composer Theo Alexander in partnership with Britten Pears Arts. Theo worked at both sites and was supported with mentoring and lech help from across the two organisations. The new work in progress was installed and performed in the project space and offered as part of the Winter Celebration. An inspired composition and combination of old-style tape players and live music created a mesmerising and hypnotic experience. Through live performance we engaged audience in innovative work which develops art practice- here in Saxmundham. We continued to offer weekly enrichment sessions for SET Saxmundham across the year {20 half day sessions) engaging a group of students Years 7 to 10 in different practices and ideas. This is an opportunity they don't have in school to work directly with professional creatives and to understand how they might progress to a career in the crealive industries. Developmenl of the East Suffolk LCEP continued and a consultation focusing on secondary school students and teachers l¢)ok place resulting in dala which showed clearly the need for more creative activities for young people and CPD for art leachers locally and a supportive creative nelwork for art teachers in a climale where the arts in many schools are felt to be devalued and budgels greatly reduced. The next step is to fund, recruit and support an LCEP co-ordinator to start putting in pla activities and communicalions - the initial needs of the network. Art Station is developing our support for younger and emerging artists. We hosted the first Art Station Graduate Award exhibition for I￿0 recent graduates Melisa Novotna and Patrisiya Banova from BAIHonsl Fine Art at University of Suffolk - in partnership with the University. The young artists were selected from their degree show and this was an opportunity to create their first professional show outside of further education and to a new audience. Our focus on the environment and our local natural heritage has engaged many different groups of people, through nature walks with artists and Grealives both locally in and around Saxmundham and through bringing people into the AONB area, improving access by increasing people's confidence with walking and a familiarity and ownership of our natural heritage. Through supporting contact with nature and creativity, we are offering inclusive recreation and social connection for local people. An environmental survey led by artists Emily Knock and Liz Waugh mapped species along the path of the River Fromus- with support from artists Anna Ilsley and Jevan Watkins Jones leading nature walks and participants. Our aim is to increase our focus on creativity and our local natural heritage - in order lo provide further opportunities for community recreation, social connections and engage our community in both enjoying and preserving habitats and species and acknowledging the presence and historical relevance of River Fromus. Our regular activities- Art Station Film {monthly} and Wiggly Weds (weekly) continue lo engage inclusively and develop relationships with children and families and older people. Art Station has been integral to the success of the Winter Celebration in December- delivered for a second time in Dec 2022. Both the performance by Theo Alexander and the opening of Animal, Vegetable, Mineral curated by Annabel Dover and Karen Densham were integral to the success of the evenl and offering engagement to a wide audience. Animal, Vegetable Mineral was a huge show of hundreds of artists. works and collecled artefacts using the building and many cabinets. Many artists and groups from the communily were included and the works were brought logether in a skillful curation. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 In June 2023 we delivered the inaugural Sax Arts Fest- a day of art, music, food and free activities. We received unanimous positive feedback from the event which broughl in over 2500 people and created a warm welcome to our community and visitors. These annual events really characterise Saxmundham as a creative, cultural. and exciting town where things happen and also inlroduce people to different sites and buildings in the town. They are also an opportunity to work with partner organisalions across the lown. creating a strong sense of communily and enjoyable purpose. We continue to support our 8 creatives in their affordable workspace sludios and because of demand we have the ambition to lake on more space to offer more studios, and sludios of different sizes. Artists were pleased to be able to offer open studios at both our annual events, which introduced new people and buyers lo their work. We have offered links to business advice which have led to funding and offered support on funding applications. We need long-term core funding going fotwards to ensure the organisation can continue to grow and thrive and that the team and venue is adequately resourced. Art Station is currently negotiating in order to lake on permanent accessible ground floor space in Saxmundham to ensure we can offer a fully accessible programme here in our town. Our profile and presence is growing through effective use of our website and social media channels, promoting through partner networks as well as ensuring that hard copy assets are used as appropriate for our community. Our impact in offering inclusive access lo creativity this year has increased through our growing reach within our community and increase in participation as our profile has grown. We have increased our overall audience through offering a high-quality programme which has brought in new audience and visitors who in turn have increased spend on the high street, a positive and essential impact of the cultural economy in East Suffolk. We have supported access to innovative pradice enabling practice to thrive and develop here. Our free, exciting programme has introduced people to new ideas, art, artists, and Greatives, right here in Saxmundham. I would like to thank all our brilliant staff, trustees, freelance artist educators, volunteers, audience and participants and our funders for making The Art Station happen in the best possible way and our combined forces for creating positive cultural experiences here in East Suffolk. Looking forward to our next yearl Clare Palmler Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Achièvèments & Perfomiance Art and Learning Programme Participation Numbers Year End June 2023- summary Overall audiencelparticipation 7088 Breakdown: Exhibitions.. 3550 Enrichment sessions for young people,. 60 students120 half day sessions) Creative workshopslsessions.. 120 people Wiggly Weds after school for children and families: 60 {30 sessions) Nature Walks= 120 people {children and families) Holiday sessions for children., 80 children {12 days of activities) Volunteers.. 15 (50 person days) Summer Art Tour.. 25 participants Talks live.. 45 people Talks Online.. 250 Online audience- video and website participation.. 5(K) interadions of significant duration Art Station Film.. 250 participants Mentoring Session.. 10 artists mentored Supported creatwes in workSpa￿S.. 8 Annual festivals not induding exhibition audien￿.. 2000 Freelancers employed: 61 Art Station achievements Year End June 2023 Children and young people After School Sessions: We've run 30 free creative after school weekly Wiggly Wednesdays sessions for children 4- 11 and their families at Saxmundham Library. These free inclusive sessions bring together local children and families for enjoyment and creative leaming with professional artists. We￿e provided 12 cwb've actDiity days during Easter, Summer, and Half-tenn Holidays for Ghildren 8-13 with a packed schedule of fun activities and a cooked healthy lunch provided. It's really imtK)rtant that people can a(xess free aclivities as families have no budget at all for exlras and this is an effective way of including families who have socio-economic challenges. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Young people, training and work We offered support to six work experience students across the summer for 1 and 2 week periods. We're currenlly seeking funding to support Iwo paid work placements and one paid intem from September 2023. We supporied 10 volunteers and offered advi￿ with careers and job applications. This is crucial support which enables young people lo access new skills and experience for their Cvs and gives them confidence and aspiration for their fulure as well as practical skills. They have direct contact with people working in the creative industries and also gain Iransferable skills needed across sectors. Wellbeing and Creativity Our nature walks led by artists Jevan Watkins Jones and Anna Ilsley for families and children and adults have engaged people with local natural heritage, local species, and our nearesl nalural waterway the River Fromus. In partnership wilh Suffolk Mind, we promoted the adult walks to people who might be feeling isolated because of mental health issues. All our staff have now trained with Suffolk Mind to undersland mental health issues belter. Our aim is to focus more on the environment and providing access and support lo engage with nature - which research now highlights as being crucial to health and wellbeing and an effective pathway to improved wellbeing. Through our creative sessions with Leading Lives- a group of adulls with learning disabilities and Top Times- a group of women aged 65 to 92 years old we are inclusive in our approach to creativity and a wider group of people have the opportunity to engage in creative learning and work with professional artists. Feedback Leading Lives: At the end of the session the participants are happier, sense of achievement proud and will talk about it with home, family, and other users during the week. One participant is so happy she laughs during the session and is so engaged where normally she would do her own thing. Exhibition and events highlights In Conversation- We conlinued our Art Station talks series- both face to face to a live audience and online both as audio and texl and plan lo launch Ihese lalks as a Podcast series in the next year engaging a wider audien￿ digitally with contemporary practice and ideas. Summer 2022 we presented the Saxmundham Flags Project celebrating 750 years of the town and the Jubilee. A glorious project wilh flags by artists and the community lining ihe high street and within our building, enabling a collective celebration of Saxmundham, providing movement and colour to the high street over the summer months and to welcome visitors to the town and then transferring to East Point Pavilion, Lowestoft to offer a visual experience of the flags to that community. Art Station Art Tour Septernber 2022 Our second Art Tour- (this time by bus because of train strikes) around East Suffolk contemporary visual art venues led by Art Station team took a group to four venues- Dirty Work One at Art Station, Dirty Work Two at Old Theatre Framlingham, Lauren Edwards studio, Halesworth and Paul Dash showing at 303 projects in Lowestoft. Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Feedback: Really helpful to create a community Total surprise- no idea this all 8xisl8d Massive difference, I wouldn't have done it on my own Its terrific and good to promote contemporary art in the area DIRTY WORK One and Two DIRTY WORK Part ONE presented a diverse range of ceramic works, from sculpture to video, which push the boundaries of the medium in a subversive way. Curated by William Cobbing and featuring works by Salvatore Arancio, Caroline Achaintre, Anne Wenzel. Ryan Gander and Nicholas Pope. DIRTY WORK Part ONE presented a diverse range of ceramic works, from sculpture to video. which push the boundaries ofthe medium in a subversive way. We located DIRTY WORK Part TWO at the Old Theatre Framlingham which gave us scope to offer a large-scale participatory work by Clare Twomey, a leading contemporary ceramicist wilh a high profile and showing internationally and to engage with a different audience out of Framlingham. DIRTY WORK Part TWO artists drew the audience inlo various fomis of inlimacy either through direcl interaction or unspoken dialogue. Featuring a new participalory work by Clare Twomey and ceramic works by Karen Densham, Ali Hewson, and Richard Oliver. Feedback from Dirty Work exhibition.. "FANTASTIC - THRILLING - TOTALL Y YES YES YES YES - '1 loved it - thank you, spilling art into the street.. "Strong work, great hanging + SP8Ging- thank you art station." 'Excellent staff." "Bnlliant Show, wonderful to see in Sax." 'A joy to see some Greative GeramiGsl" 'Amazing show + building, well done." 'Inspiring me to get working again - so many ideas." "Really interesting, gorgeous building. My Iwo boys were inspired." "A really fresh, tactile and humorous perspective on ceramics - particularly loved the performance and video pieces!" Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Heads & Tails exhibition, artist Abigail Lane. A huge body of new fascinating works by Abigail Lane filled the Art Station's different spaces, featuring guest works by Glenn Brown, Gavin Turk. and Malhew Weir. This was Ihe first solo exhibition of Lane's work in iwenty years and therefore a significant opportunity lo view this new, exciting. and beauliful work. This show has opened up new opportunities for Abigail. Art Slation sees it as significant lo be supporting women artists of all ages including artists whose caring responsibilities have created challenges lo a viable career and opportunities in order to be aulhentically offering equalily of opportunity. Heads & Tails feedback: "Fabulous exhibition, very inspiring, thank you.. "Fantastic show- beautiful workl" "Wonderful, loved itl" "Lovely work- thought provoking." "Wonderful to see such a range of thoughtful works. Great show." "Very enjoyable exhibition, w811 done." "Thank you, really interesting show, great to see the work across the spaces." "Great show, thanksl" "Love the show, especially Doing Time," "Thank you so much for all your efforts." -The centre of arts in Suffolk. Amazing, Thank you." "Amazing exhibition- so thought provoking, thank you. 10 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Artist Re$iden¢ies'. We offered a Composer residency in partnership with Britten Pears Theo Alexander is a young British- Malaysian composer living in Prague. Theo spent a month working between Art Station and Britten Pears Arts site at Snape Maltings and created a composilion for inslallalion and perfomiance at the Art Station. Feedback from Theo: My work has developed in many ways, bul particulady in terms of being able to share my ideas with a wide range of people, incorporate diverse forms of feedback, and communicate my ideas more clearly to collaborators. A regular, thorough working routine uninternjpted by the need to do everyday things. But beyond this, l am grateful for the many people I met and the exchanges that we had, and I will continue to learn from them in the future. My experience ofworking with The Art Station and Britten Pears was eX￿lIent, I felt very taken care of and everyone was so nice. Art Station Film Our popular monthly Art Station film screenings - curated by Emily Richardson continued this year- Her skillfully curated programme has garnered a growing loyal regular audier)ce and also new visitors attracled by specific evenings. Emily draws on her own archive and her exlensive knowledge and contacts within artist film. Artist Support We continue to support 8 creatives in their workspaces here in Saxmundham and have offered connection to small business funding and support. Our open studios have brought in a new audience and also new buyers for several of the artists, work. We have offered menloring and advice around funding, artist statements and job applicalions. 11 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Finan¢ial Review The trustees review Art Station's finances at quarterfy board meelings. Senior management were supported by extemal accountants CRASL130 May 20231 and Triple Bottom Line Accounting (from 1, June 2023} lo manage day to day accounting. The board will priorilise in 202312024 recruiting a trustee with accountancy and finance skills to support the board and the Director. Reserves Poli¢ The Trustees, policy is to build adequale reseNes in 202312024 in orderlo cover three to six months. unrestricted expenditure. Because of the wider contexl of increased competition for funding and decreased amounts of funding - gathering reserves has proved too difficult since our relaunch in 2021. Structure Governance and Mana ement Saxmundham Art Station is a charitable company limited by guarantee incorporated on 11, June 2016 and registered as a charity on 11, January 2022. The company was established under a Memorandum of Association which established the ofy'ects and powers of the charitsble company and is governed under its Articles of Association amended by special resolution on 18, December 2021. In the event of the company being wound up members are required to contribute an amount not exceeding £5. The Trustees of the company are also directors for the purposes of company law. Under the Memorandum and Artides ofAssociation the Tnjstees are elected to seNe for a period of three years after which they must be re- elected at the next Annual General Meeting. The Trustees of the charitable company during the year are as described on the reference and administration details page of these financial statements. Princi al Fundin Sources The main SoUr￿S of income for the charity are from trading income.. studio li￿n￿ fees, space hire, and co-working fees and from grants from national organisations, local authorities and trusts and foundations. The charity currently has no investrnents. anisation Structure The Trustee Board compriges offive members who m&t quartedy and are restyjnsible for overall governance and policy of the charity. The Trustees are from a variety of backgrounds relevant to the work of the charity. The Board is supported by the Director, who leads and manages the organisalion day-lo-day and plans strategic direction, programming, fvndraising and a Programme Manager and Programme ordinator who supports delivery of the programme. Trustees are recruited through an open recruitment process and formal interview. Thè prO￿s$ includes an outline of the Trustees, roles and responsibilities. Training will be offered as required for each Trustee and may include training for specialist roles such as the Trustee safeguarding lead. 12 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 TRUSTEE'S REPORT FOR THE YEAR ENDED 30 June 2023 Pa and Remuneration The pay of the senior stsff is reviewed annually by the Trustees and where relevant normally increased in aC£AYdan￿ wth average inflab'onary increases for similar roles, in the same sector, in the locality. Small Com an rovisions This report has been prepared taking advantage of the small companies, exemption of section 415A of the Companies Act 2006 The trustees, annual report was approved on 21 sl March 2024 and signed on behalf of the board of Twstees by RichaA£ti Paul Richards ITrusteel 13 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAXMUNDHAM ART STATION For year ended 30 June 2023 I report on the accounts ofthe charity forlhe year ended 30 June 2023, which are set out on pages 16 to 23. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The tharty's trustees are responsible for the preparation of Ihe ac(x)unts. The trustees (x)nsider that an audi( is not ￿qUired forlhis year under sectK)n 144(21 of the Charities Act 2011 (The 2011 Act) and that an independent examinab'on is needed. 11 is my responsibility lo.. Examine the accounts under section 145 of the 2011 Act, To follow the procedures laid down in the General Directions given by the Charity Commission (under section 14515llbl of the 2011 Aci, and To stale whether particular mallers have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in am)rdance with the General Directions given by the Charity Commission. An examination includes a review of Ihe accounting records kept by Ihe c*)arity and a comparison of the accounts presented wth those records. 11 also includes consideration of any unusLJal items or disclosures in the accounts and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. 14 Saxmundham Art Slalion REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAXMUNDHAM ART STATION For year ended 30 June 2023 INDEPENDENT EXAMINER'S STATEMENT In connection with our examination, no matter has come to my attention.. which gives us reasonable causé lo believe that, in any material respect, the requirements.. lo keep accounting records in accordan￿ with section 130 of the 2011 Act,. and to prepare accounts which accord with the accounting records and lo comply with the accounting requirements of the 2011 Act have not been mel., or to which, in our opinion, attent￿)n should be drawn in order to enable a proper understanding of the accounts to be reached. Peter Ellington Triple Bottom Line Accounting Limited 15 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 STATEMENT OF FINANCIAL ACTIVITIES For the year ended 30 June 2023 2022 Restated Total 2023 Tolal Unrestricted Restricted Note Income and endowments from Voluntary Income.. Grants & Donations Acllvilies for generating fvnds.. Charitable activities MGETR 83,182 56,110 139,292 162,964 28,705 48,973 28.705 48.973 23.359 13,559 Total income and endowments 160,860 56,110 216,970 199882 Expenditure Cost of generating voluniary income Charitable activities 78,614 140,516 219,130 211,999 Total expenditure 78,614 140,516 219,130 211999 Transfers between funds 184,4061 84,406 Net movement in funds {2,1601 53,231 12,1601 53.231 {12,117) Balances brought forward 51,071 51.071 AJI of the Charity's activities are classed as continuing. The Charity has no recognised gains or losses other than those shown above. The notes on pages19 to 24 form part ofthese a￿Ounts. 16 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 BALANCE SHEET As of 30 June 2023 2023 2022 Restated Fixed Assets Leasehold Improvements Fixtures & Fillings Office Equipment 46,407 9,215 5,218 51,563 11,349 6,522 Current Assets Debtors Cash In Bank Cash in hand 53,851 27,299 299 81,449 15.342 2,658 172 18,172 Liabilities Amounts falling due in one year {77,1321 110,375) Net current assets Liabilities Amounts falling due after one year Net assets 51,071 53,231 Funds Unreslrioled Funds Restricted Funds 51,071 53,231 51,071 53,231 17 Saxmundham Art Station REGISTERED NUMBER10227051 CHARITY NUMBER 1197450 BALANCE SHEET CONTINUED As of 30 June 2023 For the financial year ending 30 June 2023 the cornpany was enlilled to exemption under section 477 of the Companies Act 2006 relating lo small companies. No members have required the company to obtain an audit of ils accounts for the year ending 30 June 2023 in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect lo accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject lo the small companies, regime. Approved by the Board of Trustees on 21 sl March 2024 and signed on ils behalf by: Pa& Paul Richards ITrusteel 18 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS For the year ended 30 June 2023 AMENDED BY REPLACEMENT The financial statements for the year ended 30 June 2023 have been amended. These finanaal statements: Replace the original financial statements., Are now the statutory finanaal statements., Have been prepared as at Ihe date of the oriJinal financial ststements, and not as at the date ofthe remsion and accordingly do not deal with events be￿een those dates. A revision has been made to note 3 Donations and Grants to identify individual funders. There are no significant amendments to the original accounts. ACCOUNTING POLICIES Basis of preparation The financial slalements have been prepared in accordan￿ wtth Accounling and Rewbng by Charities.. Statement of Recommended Practi￿ and in acAx)rdance with the Financial Reporting Standards for Smaller Entities {effeclive January 20151 and the Charities Act 2011. Assets and liabilities are inf(ially re￿nised at historical cost or transaction value unless otherwise stated in the ￿levant accounting policy note. The financial statements have been prepared to gDie and Irue and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'true and fair view. This departure has involved followng Accounting and Reporting by the Charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRSSEI issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of Rewmmended Practice effective from 1 April 2005 which has Sin￿ been wthdrawn. Prèparation of accounts on a going concern basis The assessment ol the Iruslees is Ihal the charity is a going concern. Income All incoming resour￿$ are included on the Statement of Financial Activ((ies when the charity has suffiaent certainty that receipt oflhe ino)me is probable, and Ihe amount can be measured reliably. 19 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS ICONTINUEDI Expenditure Expendilure is recognised once there is a legal or constructive obligation lo make a payment to a third paty. It has been classffied under headings Ihal aggregate all (x)sts related to that category. Where costs cannot be direcdy atbibuted to particular headings, they have been allocated on a bass consistent with the use of reSoUr￿s. Grants offered subject to conditions which have not been met at the year*nd date are noted as cornmitment but not accrued as expenditure. Voluntary Income All donated income is induded in income on receipt where the donor requires that the sum is to be treated as income in future accounting periods. 20 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS ICONTINUEDI For the year ended 30 June 2023 Investment Income Interest reoeived is induded when re￿1Vable. Fixed Assets Depreciation is provided on fixed assets al rates calculated to write off the costs, less estimated residual value, or each asset over f(s expected useful life as follows= _ Furniture, Fixtures and Fittings - 20010 on reducing balance Leasehold Improvements- 10 % on reducing balance OfficE Equipment- 200/0 on reducing balan Stock Stock is valued at a lower of cost and nel realisable value 21 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS ICONTINUEDI For the year ended 30 June 2023 Unrestricted Restricted 2023 2022R 3 Donations and Grants East Suffolk CDvid Grant East Anglian Art Fund East Suffolk Council Kickslart Work Placement Suffolk CC (Cultural Continuity Fund) Arts Council Grant Suffolk Community Foundation National Lollery Community Fund Foyle Foundation The D'oyly Carte Charitable Trust Other Grants Donations 21,641 1,000 10,473 1,493 1,000 13,929 1,493 27,167 21,568 30,000 42,100 4,320 10,000 15,000 3,000 48,102 28,393 12,148 22,094 139 292 162 964 3,456 30,000 4,320 10,000 15,000 3,000 5,824 42,578 12,148 83,182 56,110 4 Charitsble adivities Space Hire & License Fees Interest Received 28,681 24 28,705 28,681 24 28 705 23 359 23,359 5 Charitable activities Bank Charges & Interest Payable Wages Costs utilities Repairs & Maintenance Insurance Telephone and Communications Accountancy & Professional SeNices Depreciation Advertising Subscriptions Art & Learning Programme Travel & Subsistence Staffing Costs Office Expenses Small Equipment Purchased Donations 1,403 20,291 6,659 7,818 2,520 8,765 9,401 8,764 1,971 951 1,403 1,176 81,164 99,413 6,659 6,766 7,818 5,769 2,520 999 8,765 10,947 9,401 8,327 8,764 10,457 1,971 2,249 951 3,932 79,643 54,513 5,472 2,154 701 2,064 2,783 2,217 953 1,016 162 219 130 211999 60,873 79,643 5,472 701 2,783 953 162 78,614 140,516 22 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS ICONTINUEDI For the year ended 30 June 2023 6 Fixed Assets Leasehold Fixtures & Improvements Fittings Office Equipment Total Cost Al 1 July 2022 Additions Less.. Grants 57,292 15,221 170 8,669 81,182 170 AI 30 June 2023 57,292 15,391 8,669 Depreciation Al 1 July 2022 Charge for the year 5,729 5,156 3,872 2,304 2,147 1,304 11,748 8,764 AI 30 June 2023 10,885 6,176 3,451 Nèt book Value At 30 June 2023 46,407 9,215 5,218 At 1 July 2022 51,563 11,349 6,522 7 Debtors and prèpayments Debtors Prepayments Accrued Income Other Debtors 825 1,750 48,983 8 Liabilities: Amounts falling due within one year Creditors Other tsxes & Social Security Accruals and deferred income Other Creditors 11.987 6.492 45,600 23 Saxmundham Art Station REGISTERED NUMBER 10227051 CHARITY NUMBER 1197450 NOTES TO THE ACCOUNTS ICONTINUEDI For the year ended 30 June 2023 9 Liabilities.. Amounts falling due after one year other Creditors 10 Grants recelved East Suffolk Council. Kickstsrt Work Placement Suffolk County Council. Ms Council Grant. D'oyly Carte Charitable Trust Suffolk Community Foundation Groundwork UK East Anglian Art Fund Henry Moore Foundation PoslGode Places Trust Foyle Foundation Saxmundham Town Council. National Lollery Community Fund Adrian Swire Charitable Trust Simon Gibson Charitable Trust Wailrose Community Fund 13,929 1,493 700 30,000 3,000 4,320 1,125 1,000 4,000 24,900 15,000 2.250 10.000 12,000 3.000 428 127 145 Grants and donations marked . are government grant income. Income is only recognised where the income recognition criteria set out in the accounting policies are met. 11 Avèrage number of employees The average number of employees during the year was 312022.. 5). Amendments lo note 3 have been approved by the Board of Trustees on 12th July 2024 and signed on ils behalf by.. Paul RichoA£ti Paul Richards (Trusteel 24