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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1197715

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS OF GREEN SHOES ARTS C.I.O

FOR YEAR ENDING 31 MARCH 2024

Green Shoes Arts C.I.O

Chadwell Heath Community Centre

255 High Road RM6 6AS

GREEN SHOES ARTS C.I.O FOR THE YEAR ENDED 31 MARCH 2024 CHAIRS REPORT

We have made significant achievements over the past year, expanding and diversifying our young people’s offer, staging a theatre production with our youth theatre, developing our Board of Trustees, and building a number of significant partnerships that will increase our ability to reach more of our community. Chadwell Heath, where GSA is based, has the fastest growing young population in the Borough; and Barking & Dagenham is the youngest local authority in the country. With new projects focused on children and young people, we are more responsive to the specific needs of our community. Additionally, our work with adults now reaches across the Borough and builds on our learning over the past two years, allowing us to respond to the growing needs of our adult and long-term participants in a more focused and effective way.

With large grants from Children in Need and Comic Relief reaching their conclusion in October 2024, the need to attract significant funds has been a priority. We were successful in gaining project funds from the North Central East London CAMHS Provider Collaborative 2023/24 Grant Scheme through Compass Wellbeing, and a project grant from Arts Council England. Both of these grants are aimed towards supporting our work with children and young people. We were also named as a partner in an ACE-funded Place Partnership grant in partnership with Inspiring Futures, Barking & Dagenham’s CEP, to develop and provide creative alternative provision. These funds will support work over the coming years and will be covered in detail in next year’s annual report.

We recruited two new Trustees, Adam Njenga and Joseph Quartson. Adam brings a deep understanding of the application of creativity to wellbeing, and experience of diverse income streams and approaching private sector funders. Joseph is an actor and former solicitor, who is able to advise the Board both on creative practice and legal matters. Both are members of Global Majority communities and help to increase our understanding of how best to work with participants and partner organisations from less represented backgrounds. We also appointed a Young Trustee, a member of our youth theatre who ensures participant representation at Board level and provides invaluable insights as to the needs of young people from our community. Combined with a series of specialised sub-committees, GSA is now more able to respond to the current charitable climate quickly and effectively.

With an Away Day for both staff and Trustees planned towards the end of 2024 and a more focused and responsive strategy in development, GSA continues to act both as a significant support to our community and to step increasingly into a position of leadership amongst the Borough’s 3rd Sector organisations.

Daniel Martin Chair

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their report with the financial statements of the charitable organisation for the period ended 31 March 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice: Accounting and reporting by Charities, 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) issued in October 2019 by the Charity Commission.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Name

Green Shoes Arts C.I.O

Registered Charity number

1197715

Registered office

Chadwell Heath Community Centre 255 High Road Dagenham RM6 6AS Trustees

Ruqaiya Asim Mark Hill (Treasurer) Rebecca Laughton Daniel Martin (Chair) Adam Njenga (appointed 24 October 2023) Ingrid Robinson Joseph Robert Kobina Siripi Quartson (appointed 24 October 2023)

Kelly Jones (resigned 27 July 2023) Michael Paulin (appointed & resigned (27 April 2023) Kevin Walton (resigned 27 April 2023)

Staff

Kirsty Cherrett Creative Programmes Manager Liz Gorman Creative 4 Life Project Coordinator Sam Miller Artistic Director Lotte Sartain Creative 4 Life Project Manager Verona Smith Administrator & Youth Theatre Leader

Independent Examiner

Holy Brook Associates Ltd Curious Lounge, 20 Tudor Road Reading RG1 1NH

Bankers

Co-operative Bank PLC Business Direct, P.O. Box 250 Skelmersdale WN8 6WT

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Registration

Green Shoes Arts C.I.O (GSA) was registered as a charitable organisation on the 31 January 2022. All assets and reserves were transferred from Green Shoes Arts C.I.C on this date. Green Shoes Arts C.I.C has now ceased to trade.

Objectives and Activities

The objects of Green Shoes Arts (GSA) as set out in its governing document are:

(1) To advance, improve, develop and maintain public education in, and appreciation of, the arts in all its aspects by any means the Trustees see fit, including through workshops and the provision of a youth theatre.

(2) To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society through the use of art therapy and art-based projects.

For the purpose of this clause 'socially excluded' means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards); crime (either as a victim of crime or as an offender rehabilitating into society).

Summary of the main activities in relation to those purposes for the public benefit

GSA delivers high quality arts projects for the community of Barking & Dagenham and the surrounding areas, enabling people of all ages and backgrounds to access and engage with a wide range of creative and artistic activities. Our aims through this work are to benefit the physical and mental well-being of our participants; and to improve access to and engagement in the arts, with a focus on those who might not usually have the opportunity. We believe that artistic and creative activity provides huge benefits to well-being and personal development.

This activity takes the form of weekly workshops, one-off projects, and ongoing projects in conjunction with partner organisations.

We focus on offering opportunities to disadvantaged and vulnerable young people and adults with lived experience of mental health issues, physical and learning disabilities, and social deprivation. All our services are free of charge. We aim, where possible, to work with facilitators who represent the Borough’s diverse communities and who have lived experience of the challenges faced by our participants.

We listen to, respond to, and support the needs of our community, working to see positive change through participation in the arts and adapting our activity in response to our participants’ changing needs. Our primary aims are to improve access to and interest in the arts, finding creative ways to nurture the artistic potential of our community, and to increase the wellbeing of the people we work with. We endeavour to combine these aims through positive, holistic creative activity that improves the wellbeing and happiness of our stakeholders and participants. To achieve this, we continually improve our knowledge base of what areas of practice are most effective at combating the challenges faced by our participants, and what impact our work is having. We also collate data to learn who we are reaching in terms of the diverse communities of Barking & Dagenham, improving our ability to reach less represented groups. We collect ethnographic and social deprivation data from our participants and compare this to the cultural/ethnic makeup of the

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Borough as a whole. GSA uses the knowledge gained to inform outreach and engagement strategies, ensuring that we are reaching those with greatest need and finding innovative ways to include less represented communities. All findings are added to our existing knowledge base, discussed in staff and Board meetings, and used to inform future decisions. Every project is created in response to a specified need through consultation with participants and stakeholders.

We use marketing and engagement to ensure that we are reaching as diverse a demographic as possible, analysing our attendance data and adapting our approach to reach less represented communities. We combine this with an extensive programme of outreach workshops and external events, providing positive creative activity far beyond our base in Chadwell Heath. This approach has led to a significant increase in our number of participants over the past three years, with notable increases in participants from less represented communities; and to a number of new projects that enable us to work with a greater number and range of people than previously.

As per the below statistics Barking and Dagenham is one of the most disadvantaged local authorities in the country and is especially vulnerable to the cost-of-living crisis, ranking first most vulnerable in London and fourth most vulnerable in the UK. On Census Day, Barking and Dagenham were ranked as having the most deprived households in England and Wales (LBBD State of the Borough 2022).

Children & young people in Barking and Dagenham are some of the most disadvantaged in the country, facing multiple & complex disadvantages. Child poverty is one of the highest among the London boroughs, where 46% of the children live in households within poverty (Trust for London 2021).

The proportion of the working-aged population receiving out-of-work benefits in Barking and Dagenham is the highest in London at 16.7% (Trust for London 2021).

Barking and Dagenham had the highest rate of domestic abuse offences in London in 2016/17 at 16.1 per 1,000. This is higher than the London average of 12.1 per 1,000 (LBBD.gov.uk, 2022).

6.0% of respondents in Barking and Dagenham reported having a long-term mental health condition; this could include both ‘common’ and ‘serious’ mental illnesses (GP patient survey 2018). There is an ongoing mental health crisis in the Borough, with an ‘8.1% increase in mental distress in 2020’ (Equality Challenges in Barking & Dagenham 2020/21).

Acknowledging and responding to this deprivation, we use creative activity to improve the community of Barking and Dagenham’s condition of life in the following ways:

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Current Green Shoes Arts participants have said:

“Arts sessions I attended were special because I got to know and care for many of the other participants in the group and felt wanted, that I belonged somewhere.” (Participant A)

‘I can't imagine where I would be without Green Shoes Arts. I never used to go out and have made loads of great friends from the sessions, and through volunteering have been given a chance to improve my skills and feel more useful.’ (Participant B)

‘[Arts sessions are a] natural healing process, just being yourself and interacting with others who get where you’re at’. (Participant C)

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Guidance on Public Benefit and Decision Making

We regularly review our aims, objectives and activities. This review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

GSA’s governing document lays out the parameters for who the organisation will work to benefit, and the work it delivers to do this. This information forms the basis for strategy documents, outlined by senior management and approved by the board. This document is referred to before project proposals are suggested.

In determining whether GSA should carry out a project or work with a group of people, the staff discuss each opportunity in consultation with existing participants. These findings are then presented to the Board of Trustees during quarterly meetings.

These decisions are framed through a series of questions and criteria, all in regard to the public benefit and the ability of GSA to continue to operate effectively:

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Achievements and Performance

GSA has expanded its activities over this year, working with an increased number of community members across more areas of the Borough, and diversifying the demographics of our participant base through targeted outreach with less represented communities. This is indicative of a year on year increase in our activity and the number of people we work with. This has been achieved through increased partnership work, a more flexible and dynamic approach to seeking funding, and involvement in a number of initiatives across local VCFSE providers and statutory agencies. At the same time, we continue to factor future proofing and long-term plans into our work, building connections that we will develop over the coming years to ensure that we continue to increase the scope of our activity.

The charity ecosystem in Barking & Dagenham has shifted, with a number of larger organisations either reducing their activities significantly or closing permanently. At the same time, our local authority was obliged to take strong action in order to avoid bankruptcy, reducing available support for third sector organisations and shrinking the statutory support available to our community. These challenges - less available funds, combined with an increased need - have led to an adapted approach to ensure that the charity continues to survive, thrive, and continue to find new ways to support our community.

We face a funding cliff-edge in October 2024, as two large, multi-year grants from Children in Need and Comic Relief will reach their finish. Both funders communicated their inability to continue to fund the charity as a result of reduced income, necessitating a more flexible approach focused on multiple smaller funders without over-reliance on any one source. This approach has led to funding success from the North Central East London CAMHS Provider Collaborative 2023/24 Grant Scheme through Compass Wellbeing, Arts Council England, National Community Infrastructure Levy, and NELFT Social Prescribing Community Chest. We also accepted a commission from Valence House Museum to provide creative work with young people to support their ‘Beyond the Easel’ exhibition; and are a partner on a three-year ACE Place-based Partnership grant from ACE to develop and deliver a creative alternative provision with Inspiring Futures. This approach means that, while significant work is still needed to continue to develop a sustainable fundraising strategy, the charity is in a far stronger position than previously, with the benefit of improved knowledge and understanding of how to ensure the charity’s existence over the coming years. We are now well placed to consolidate and expand our activities, reaching less represented members of our community and focusing our efforts more effectively where they are most needed.

We have adapted our activity and fundraising strategy to focus to a greater extent on children and young people, while ensuring that we continue to support adult participants through Creative 4 Life. This is in response to the needs of our community; Barking & Dagenham has the greatest proportion of young people of any local authority in the country, while lacking sufficient opportunities and support, especially for more vulnerable young people and those from less represented communities. A strong focus has been to find increased ways for our projects to work together, a need which comes as a result of both a larger number of individual smaller grants; and an understanding of the interconnectedness of the different sectors of our community.

Our Board of Trustees has become more diverse, with members of the Black Caribbean, Black African, and Muslim communities. We also now have a range of ages, with our youngest full Trustee aged 21 and who is also visually impaired, providing valuable knowledge in terms of reaching and supporting people who live with a disability. We have also appointed a Young Trustee, a member of the Young Actors Club who is able to provide insight into the needs of young people from our community and who can ensure that young people have appropriate representation at Board level. At this time, more than half of our Board is from a Global Majority background. We created sub-committees in Fundraising, Finance, and Disability & Inclusion. This allows Trustees to respond more flexibly and quickly between Board meetings, improving

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our ability to strategise effectively and to advise Trustees and staff on pertinent developments in these areas.

We have implemented a charity-wide Participant’s Agreement, which outlines a clear code of conduct that all participants and staff must adhere to. This helps to ensure participant safety both during and externally to workshops, with clear delineation of appropriate behaviour between participants, and between participants and staff. The Participant’s Agreement is available in both written and video/audio formats to ensure that it is accessible to all.

GSA is currently based at Chadwell Heath Community Centre (CHCC). GSA and CHCC have a positive working relationship, sharing resources and skills, and there is a recognition that GSA is the resident arts organisation. We have built positive reciprocal relationships with all other organisations that use the building, offering workshops to support their activity and to further achieve our charitable objectives by reaching a wider cross-section of our community.

We rigorously evaluate all activity, ensuring that our projects are having the maximum impact for our participants and stakeholders. We do this in a number of ways:

GSA works closely with a wide range of organisations across the borough to ensure both that we reach as wide a variety of people as possible, and that we positively impact the conversation surrounding the needs of our community to as great an extent as we are able. We are strongly embedded in the Borough’s cultural life with a well-developed network of collaborative partnerships.

Our partnerships with other third sector organisations include Barking & Dagenham Youth Dance, Radiant Ambitions, True Cadence, Queens Theatre Hornchurch, the Broadway Theatre, New Direction, Thames Life, Tawhid Academy, and the Serpentine Gallery. We signpost participants to these organisations’ activities and exhibition/performance opportunities.

Our partners in working with people with mental health issues include Havering Mind, Imagine Mental Health, Richmond Fellowship, North East London Foundation Trust (NELFT), Talking Therapies, Help Us Bounce Back (Hubb) Support Group, LBBD Social Prescribing Network, Progress Project, and Inspirited Minds. We receive referrals from these partners, offering a creative complement to the work they are doing with their clients; and signpost participants where appropriate.

We have close relationships with Sydney Russell School, Warren School, Dagenham Park School, All Saints School, Robert Clack School, Eastbrook School, Greatfields School, Jo Richardson School and Trinity School (SEND), while maintaining positive working relationships with a variety of schools across the borough.

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GSA core staff are highly active in a variety of external partner and stakeholder groups, including the Social Prescribing Network, BD Collective, and the Cultural Partnership Group. The Artistic Director is part of the BD Collective Leadership Team and a member of the Social Prescribing Community Chest Steering Group, and is currently leading the BD Collective Children and Young People’s Network with Nathan Singleton from Lifeline Projects.

Here follows a summary of GSA’s projects, with a brief overview of their history and significant developments and achievements over the past year.

Speak Up

Speak Up was a project aimed at providing positive mental health support for young Black and Asian men, funded by the National Lottery Community Fund and ACE. This project has now been completed, after successfully working with a large number of young men from less represented communities, and culminating in a trip to see Now, I See at Theatre Royal Stratford East.

Performance Academy (ages 8-12)

We deliver a range of performance-based workshops for children aged 8-12 under the title Performance Academy, improving confidence, empathy, and social skills. An increasingly large number of the children we engage with have additional needs, and a target is to create a session that specifically works with these children, incorporating drama and art therapists to ensure that the needs of participants are effectively met. We deliver a large number of outreach activities to external groups including Barking & Dagenham Young Carers, Love Literacy, a local Black Caribbean group supporting literacy with young people; and Tawhid Academy, an Islamic madrasa that works across the borough. We aim to signpost participants to our other projects as they reach an appropriate age, including them in Creative Minds and the Young Actors Club.

The majority of participants have challenges including economic deprivation, SEND or learning difficulties, and 80% of participants report an improvement in their mental health from taking part in our workshops.

Performance Academy will be funded by Children in Need until October 2024, following which it will be funded by an ACE project grant. We also received funding from the NELFT Social Prescribing Community Chest to carry out a series of workshops supported by a dramatherapist in training, which achieved strong results indicating that this approach would be effective going forward.

Young Actor’s Club (ages 13-18)

The Young Actor’s Club is GSA’s youth theatre. This is designed to teach young people the skills they need to focus on potential careers as performers, with a strong emphasis on building skills for both performance and life. YAC is led by a staff member who is a young mixed-ethnicity woman from the local area and is steered primarily by the views and ideas of young participants. We frequently bring in guest tutors who work professionally in West End theatre and at drama schools, organise field trips to see theatre performances, and delivered a highly successful Summer Intensive Workshop series funded by London Youth.

YAC participants are recruited through a series of outreach workshops with local schools and other third sector organisations. Participant demographics are very diverse, with a wide range of ethnic and cultural backgrounds, neurodiversity, additional needs, and gender identities represented. We aim to signpost participants from Creative Minds and Our House to the YAC, which will provide both positive activity and improve participant empathy and understanding.

The YAC took part in National Theatre Connections this year, staging performances of Replica by Titas Halder at the Galleon Centre and Queens Theatre Hornchurch. Replica is the first full scale production for

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

the YAC, and it received tremendous feedback from audiences, partner organisations, and from the National Theatre team.

In our most recent evaluation, 66.7% of participants said that their self-perception of worthiness had increased, 33.3% said that their self-perception of happiness had increased, and 66.7% said that their self-perception of anxiety had decreased.

YAC was initially funded by the National Community Infrastructure Levy, with additional funds from the NHS Social Prescribing Community Chest, the Jack Petchey Foundation, and Children in Need. Going forward, it will be funded by an ACE project grant.

Creative 4 Life

The Creative 4 Life (C4L) programme provides a range of multi-arts opportunities to adults experiencing mental health issues, including participatory workshops, performances and events.

Following the completion of our National Lottery Community Fund project, we were successful in achieving funds to continue and develop the project from the Comic Relief Walkers Smiles Fund. This allowed us to employ two staff members, a Project Manager and a Project Coordinator; and to continue to expand our activity. This now comprises sessions not only at our studio in Chadwell Heath, but also at Thames Community Hub, allowing us to reach people who have not previously been able to access our services. While we continue to offer specific sessions in a wide range of activities including ceramics, henna art, African drumming, music, and visual arts to name but a few - both in person and online - we also hold a session called Creative Cafe every Monday which provides a wide range of activities in a positive social space, acting as an introduction to our wider sessions for participants who might otherwise be unwilling to participate. This session has been a huge success and is now our most popular workshop.

As a result of this learning, we have adapted our activity to focus to a greater extent on Creative Cafe, the project workshop that achieves the most effective results in terms of improving participant wellbeing. This allows us to deliver more Creative Cafe sessions in new areas across the Borough, aiming to hold these in wards that are subject to the greatest amount of deprivation. We learned that the primary benefit of Creative Cafe is improved social interaction and a resultant decrease in social isolation, which participants tell us is their most significant challenge in terms of mental wellbeing.

Creative 4 Life is designed as an early intervention programme for people with mental health issues, and a challenge we have experienced in this area is as a result of the recent reduction in statutory support services. We have seen an increase in participants who need clinical intervention and professional mental health support, and a consequent increase in the self-reported, referred, and perceived needs of participants. While we are not mental health professionals, we aim to provide support where possible in terms of increasing confidence and social interaction, and signpost participants to mental health partners such as Havering Mind where possible, leveraging our strong partnerships to facilitate this combined picture of holistic support.

We worked with Evaluation Consultant Jessica Tyler to improve the project’s evaluation procedures during October 2023. This new procedure focuses on collecting more qualitative data through the use of individual participant ‘Wellbeing Maps’ and quarterly longitudinal questionnaires. It also allows participants to reflect on how each individual workshop has impacted them in a much more accessible way. Through this ongoing evaluation, we recorded the following impacts:

72% of participants reported a reduction in isolation and loneliness, an increased ability to socialise and improved social interaction

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

“I feel like I'm interacting in person more than I used to. Made really good friends as well and getting to know people has been really nice and unexpected.”

“This workshop is the only time I get to socialise with other people in the week otherwise I’m just stuck at home.”

“It's nice to spend time with each other and meet new people”

81% of participants reported improved self-esteem and ability to express themselves and engage in other activities

“It has been lovely to see R form friendships in Creative Cafe and feel confident enough to now go up to his peers and offer to teach them how to make origami flowers.”

83% of participants report a reduction in anxiety

'I have learned to worry less when things go wrong; it's part of the creative process.'

“I love doing the breathing exercises at the beginning of the workshop as I never normally stop as I am always on the go.”

62% of participants report an improvement in their mental wellbeing and levels of happiness

“The most obvious change I noticed was an increase in joy! I felt that what they took away after each workshop was not just a new way of making art but also a sense of joy and contentment.”

We have recorded a significant increase in people from previously under-represented groups such as people from the Global Majority and participants under 30. Of the participants who have registered with us since January 2024, 34% of people identify as white and 66% of people identify as Global Majority, primarily from South Asian, Black African, and Black Caribbean communities. We are planning outreach to target under-represented groups including Men, with a majority of our participants identifying as female; in contrast to this, Women from Black African & Black Caribbean communities; and members of the LGBTQIA+ community, who while they do have some representation in our activity are a group at increased risk of mental health issues. We aim to employ artists from diverse backgrounds, so that participants see staff who share their experience. When participants see their own identity reflected in staff and other participants, they are more likely to feel that C4L is a safe place for them, and to have confidence that GSA is able to empathise with and respond to their challenges.

The largest age group is now participants aged 18-35 at 37.6%, which is an increase of 5.8% from a year ago. Participants aged 56+, which at the start of the funding represented our largest age group, is now our smallest group at 25.8%. We believe this increase in younger adult participants is in part due to the lack of provision for young adults who age out of children’s services.

There have also been changes to key staff working on the project following the resignation of the Project Manager David Paulin in November 2023. Project Coordinator Lotte Sartain was then appointed as the new Project Manager in December 2023 and shortly after, we recruited Liz Gorman as Project Coordinator. We also appointed a freelance member of staff as a Support Facilitator to assist Creative Cafe.

C4L will need a significant grant to continue this vital work over the coming years. However, at the time of writing we have determined the most effective way to maximise the available funds, ensuring that we will achieve the greatest possible impact on the largest and most diverse amount of people.

Arts Award Transitions

GSA was employed by the London Borough of Barking & Dagenham (LBBD), through Inspiring Futures, to oversee and moderate the delivery of Discover Arts Awards to the Year 7 intake across 8 schools in LBBD. The aims of Transitions were to help pupils adjust to their new school environment, and to introduce an interest in arts and culture.

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

GSA staff supported teachers to deliver Discover Arts Awards to their Year 7 cohort through online meetings, in person meetings and phone calls. Discover Arts Awards are accredited by Trinity College London and successful students received a certificate. These were awarded in a series of celebration assemblies led by school partners and facilitated by GSA staff. LBBD funded the programme, charging schools £3.50 per pupil to take part in the project, which contributed to assessment, coordination, and certification fees. Trinity College London offered a mass discount of £2.20 per pupil due to the large number of pupils put through the award by the Borough.

In total, 1,341 Discover Arts Awards were successfully delivered across LBBD in 2023/24. In addition to supporting the delivery of the Transitions programme, GSA carries out a large amount of school engagement, leveraging the project to improve relationships with school partners. This has led to a large number of positive relationships with local schools, which has proven to be very helpful in terms of publicising our children and young people’s programmes. Through this approach, we deliver multiple outreach workshops on a regular basis, aiding recruitment for our children and young people’s programmes.

RAFTS

The Serpentine Gallery, in conjunction with New Town Culture, commissioned Radio Ballads, four bodies of work created through collaboration with social workers, carers, organisers, and residents. These explored stories of labour, and who cares for who and in what way.

Over three years, artists Sonia Boyce, Helen Cammock, Rory Pilgrim and Ilona Sagar were embedded in social care services and community settings in the London Borough of Barking and Dagenham. This exhibition, shown simultaneously at Serpentine North (31 March – 29 May 2022) and Barking Town Hall and Learning Centre (2-17 April 2022), presented new film commissions alongside paintings, drawings and contextual materials that shared each project’s collaborative research process. During this period, artist Rory Pilgrim worked with GSA participants collaboratively to create artwork, with their work being included as part of the final exhibition. The positive impact on the wellbeing of GSA participants was immense, with those who took part experiencing a considerable boost in their confidence; while other participants expressed a perception that their limits had been increased and that more things were open to them than they had previously believed.

RAFTS continued to develop as a project with an international tour and a live event, with GSA participants involved, performing, and exhibiting at every stage. RAFTS was nominated for the Turner Prize, and the awards ceremony was attended by GSA staff and participants. Currently, a book containing exhibition images is under development.

Jack Petchey

GSA is proud to receive funding from the Jack Petchey Foundation, which we use to provide positive experiences for the children and young people we work with. We use these funds to support our children and young people’s activity through resources, field trips, and external expert practitioner workshops, which hugely improves our ability to provide positive drama tuition at a high level for our young participants. Participants have told us that these offer a unique opportunity for them to have enriching experiences that they would not normally have access to.

Co-op Community Fund

GSA is a Co-op Community Fund Local Cause, which means that local residents who shop in Co-op stores are able to nominate us as a good cause and donate a portion of their shopping cost. This has provided us with the opportunity to build a local choir called The Valence Singers, a group of local mothers who meet once a week for singing tuition, carrying out performances as part of celebrations associated with Valence Primary School. Through this, we have successfully engaged with a part of the community who frequently

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GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

suffer social isolation, in some cases incorporating participants and their families into our wider activities. This project was completed in June 2024.

Structure, Governance and Management

Remuneration

The company operates a remuneration policy whereby salaries for all directly employed staff are benchmarked against salary levels in the sector on an annual basis and any increases are calculated to account for the financial performance of the organisation.

The average employee headcount during the financial year was five and the average number of employees (full-time equivalent) was three. No employees earned in excess of £60,000 and the total remuneration paid to the key management personnel during the year was £78,213 (2023: £96,071). During the period the Trustees received no remuneration.

The organisation was originally established as a Community Interest Company, incorporated on 5 January 2009. In order to more closely reflect the nature of the organisation’s work, it was registered as a Charitable Incorporated Organisation on 31 January 2022. The charity was established under a Memorandum of Association which established the objects and powers of the CIO and is governed under its Articles of Association. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

Trustee selection methods

Trustees are recruited in regard to their position in the local community, their specific skill set, and/or their direct knowledge and experience of the CIO’s work. Two Trustees are current participants. Trustees are required to supply a list of their skills and experience and are assigned to sub-committees in order to focus on specific areas of concern, for e.g. Finance, Safeguarding, or Health & Safety. We have introduced three-year terms for Trustees, with voting in place both for new Trustees’ appointment and to make decisions on continuation of those Trustees who wish to continue after their term.

Organisational structure and management

The Trustees delegate the day-to-day management of the company to the key management personnel, currently the Artistic Director and Creative Programmes Manager. The Trustees are responsible for ensuring that management staff’s decisions are in accordance with the company's objects and legal framework. Long-term organisational strategy is the joint responsibility of the Trustees and the management staff. Trustees are responsible for ensuring that this strategy is in accordance with the company's objects, and for overseeing the effectiveness of this strategy. Trustees may be appointed at any time. New Trustees are provided with an induction pack outlining their roles and responsibilities as Trustees of the charity. They are provided with and are required to read the company’s governing documents and policy documents. Trustees meet on a quarterly basis.

Related Parties

Green Shoes Arts uses CHCC to deliver workshop activities and as office space. CHCC is owned by LBBD. While LBBD have funded GSA in the past for specific projects, they hold no controlling interest in the charity. GSA pays rent to LBBD to use studio and office space at CHCC. The charity has a commercial rolling three year lease contract with CHCC, which was renewed in October 2021, and all transactions are carried out at arm’s length.

Financial Review

Principal funding sources:

Green Shoes Arts C.I.O received income of £188,676 (2023: £228,558) in the period, of which £169,146

14

GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

(2023: £226,676) represented restricted funding, relating to the Children in Need £31,209, Arts Council England Speak Up £2,181, London Borough of Barking & Dagenham Arts Award Transitions £19,814, Serpentine Gallery RAFTS £500, Jack Petchey Foundation £1,200, Co-Op C4L £1,762, Comic Relief C4L Fund £91,180, Comic Relief BA Fund £950, NCIL Diverse Communities £10,000, National Lottery Community Fund Big Weekend £1,500, Albert Hunt Foundation £2,000, Youth Theatre fund £5,500 and the GLA Civic Duty fund £750. Expenditure in the year totalled £182,947 (2023: £231,272) of which £156,850 (2023: £215,489) related to restricted project funding.

Funds available:

The reserves held at 31 March 2024 are £91,548 (2023: £85,819). This includes unrestricted funds of £33,855 (2023: £31,972).

The Trustees are confident that the charitable organisation can continue to meet its liabilities as they fall due for the foreseeable future and that the accounts should be prepared on a going concern basis.

Reserves policy

The Reserves Policy aims to maintain reserves at the minimum level required to manage risk, support organisational resilience and enable investment in development. This supports strategic financial management and accountability. The reserves policy is reviewed at least annually by the Board of Trustees.

The charity’s reserves will ensure that the charity has the ability to manage unforeseen events that affect its financial health and not to fall below the level that would put the charity at risk of demise, or breach of the law or its obligations. The Trustees have set a target reserve level with a minimum target of three months’ expenditure and an additional three months’ salary for the Artistic Director to be used to secure funds to continue the operation of the charity should the charity be near insolvency, or to be used should the charity be required to wind-up in a legally responsible manner. This level has been calculated at £33,000. As of 31 March 2024, unrestricted reserves were in line with the reserves policy.

Risk management

The Board of Trustees, with the Artistic Director and the staff team, keep organisational risk under review and mitigate risk with a range of measures including: insurance, planning, performance monitoring, policies and procedures. A Corporate Risk Register for the monitoring of strategic risk is being prepared by the Board and will be reviewed annually. Programmes are mainly run with funding secured in advance to ensure that any income risk is well managed. Residual risk is assessed and informs the Reserves Policy, which includes financial and non-financial risks. To meet contractual and legal obligations and deliver operational objectives, the Board agrees the broad annual programme, plans and budget, and monitors performance during the year. The Trustees have identified the following to be the key risks to the organisation along with the mitigating actions to be undertaken:

Risk Mitigating Action
Funding of the Organisation GSA will continue to develop the programme in a
way that diversifies its income from a range of
funders
including
trusts & foundations, statutory
funders and earned income from consultancy. We
aim for all project funding to contain an element to
cover core costs. Close monitoring of reserves by the
Board and a clear Reserves Policy helps to build
investment potential with targets for building reserves
for key purposes. The Board have appointed a
Treasurer
(Trustee
role)
to
support
the
Artistic
Director in managing funds including close cost
control.
The
Business
Plan
is
currently
being

15

GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

developed
and
will
incorporate
an
Income
Generation Strategy for continual securing of funds.
Loss of Key Staff GSA will aim to invest in its staff and consider
succession planning and resilience in its policies and
processes including a Business Continuity Plan. We
offer an appropriate level of salary and flexible
working arrangements. Salaries are benchmarked
across the sector and staff receive above statutory
minimum annual leave entitlements. Annual training
budgets
provide
continual
CPD.
Role
design
considers
succession
planning
and
legacy.
Documentation of processes and projects enable
smooth
transition
between
staff
for
successful
handover/team working. Clear recruitment processes
and
a
recruitment
policy
ensures
quality
replacements when required.
Safeguarding and Health & Safety The
organisation
has
appropriate
Safeguarding
Policies and highly experienced, well-trained staff.
Using advice from other local experts including the
CVS, local Council and Board members in highly
skilled professions such as law, finance, marketing,
and
local Council, the policy incorporates safer
recruitment processes for staff, volunteers, trustees
and
contractors.
Training
and DBS checking is
repeated every 3 years at a minimum. All core staff
receive
appropriate
Safeguarding, Mental Health
First Aid, and Trauma-informed Practice training. All
activities
are
risk
assessed
and
appropriate
mitigating actions are incorporated in line with the
organisation’s Health & Safety Policy
Staff wellbeing & management of remote
working		 The organisation has office premises at Chadwell
Heath Community Centre and staff work from home
or in remote locations in the community with limited
supervision. GSA holds a Flexible Working Policy
that guides staff in safe working practices which
includes regular daily contact with team members to
ensure their location & safety is known. The Board
plans to issue an annual Staff Wellbeing Survey that
enables
staff
to
anonymously
report
on
their
wellbeing
and
job
satisfaction.
The
Board
and
Executive discuss results in order to implement
additional measures to support staff. The Board &
Artistic Director continue to monitor staff performance
through regular staff supervision. Staff are able to
receive clinical supervision with a qualified suitable
therapist, or to be reimbursed for external sessions
with a therapist.

16

GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Future Plans

GSA will build on the achievements of the past year, continuing to find ways to diversify our income streams to remain resilient in the current climate; while responding to the needs of our community by building a cohesive, holistic programme of activity that supports and elevates those most at need in our community.

Our upcoming plans include:

ON BEHALF OF THE BOARD:

Daniel Martin

Chair

22 October 2024

17

GREEN SHOES ARTS C.I.O REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Statement of Trustees Responsibilities

The Trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Principles) and applicable law and regulations.

Charity law requires the Trustees to prepare financial statements for each financial year. Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable organisation and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

18

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the trustees/ Green Shoes Arts CIO members of On accounts for the year 31[st] March 2024 Charity no 1197715 ended Set out on pages 1-2

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect,:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding

19

----- Start of picture text -----
of the accounts to be reached .
Date: 1 [st] October 2024
Signed:
Name: Rachel Eden
Relevant professional FCMA (Fellow of the Chartered Institute of Management Accountants)
qualification(s) or body
Address: Holy Brook Associates, Curious Lounge, 1st Floor, Pinnacle Building,
Tudor Road, Reading, England,
RG1 1NH
Section B Disclosure
----- End of picture text -----

NONE

20

GREEN SHOES ARTS C.I.O

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Note
INCOME
Donations
2
Charitable activities
3
Total income
EXPENDITURE
Charitable activities
4
Total expenditure
NET (EXPENDITURE)
/ INCOME
Transfers between
funds
NET MOVEMENT IN
FUNDS
RECONCILIATION OF
FUNDS
Funds Brought
forward
TOTAL FUNDS
CARRIED FORWARD		 31.3.24
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
-
1,762
1,762
19,530
167,384
186,914
19,530
169,146
188,676
26,097
156,850
182,947
26,097
156,850
182,947
(6,567)
12,296
5,729
8,450
(8,450)
-
1,883
3,846
5,729
31,972
53,847
85,819
33,855
57,693
91,548		 14month
period
ending
31.3.23
Total Funds
£
2,628
225,930
228,558
231,272
231,272
(2,714)
-
(2,714)
88,533
85,819

There are no recognised gains or losses other than those included above. The results shown above relate to continuing activities.

The income and expenditure are measured under the historical cost convention.

The accompanying notes form part of these financial statements

21

GREEN SHOES ARTS C.I.O

BALANCE SHEET FOR THE PERIOD ENDED 31 MARCH 2024

REGISTERED CHARITY NUMBER: 1197715

Not
es
FIXED ASSETS
Tangible Assets
8
CURRENT ASSETS
Amounts owed within
one year
9
Cash at bank and in
hand
CURRENT
LIABILITIES
Amounts falling due
within one year
10
NET CURRENT
ASSETS
TOTAL ASSETS LESS
CURRENT
LIABILITIES
NET ASSETS
FUNDS
12
Unrestricted Funds
Restricted Funds
TOTAL FUNDS		 2024
2024
Unrestricted
Funds
Restricted
Funds
£
458
-
1,226
-
33,379
94,831
34,605
94,831
(1,208)
(37,138)
33,397
57,693
33,855
57,693
33,855
57,693		 2024
Total
Funds
£
458
1,226
128,210
129,436
(38,346)
91,090
91,548
91,548
33,855
57,693
91,548		 2023
Total
Funds
£
5,681
2,846
80,643
83,489
(3,351)
80,138
85,819
85,819
31,972
53,847
85,819

The Trustees acknowledge their responsibilities for

(a) ensuring that the charity keeps accounting records that comply with the Charities Act (2011) and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of the Charities Act relating to financial statements, so far as applicable to the charity.

22

GREEN SHOES ARTS C.I.O

BALANCE SHEET FOR THE PERIOD ENDED 31 MARCH 2024

These financial statements have been prepared in accordance with the provisions of the Statement of Recommended Practice ‘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) issued in October 2019 by the Charity Commission;

The financial statements were approved by the Board of Trustees on 22 October 2024 and were signed on its behalf by:

Daniel Martin Chair

The accompanying notes form part of these financial statements

23

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. CHARITY INFORMATION AND ACCOUNTING POLICIES

Charity Information

The charity is a charitable incorporated organisation and is registered with the Charities Commission in England and Wales.

Registered charity number 1197715

Registered Office: Chadwell Heath Community Centre 255 High Road RM6 6AS

Basis of preparing the financial statements

The Trustees believe that the charitable organisation can operate in the foreseeable future. The charity continues to be supported by funders including the National Lottery Community Fund, Comic Relief and Children in Need and as such considers it appropriate to prepare the accounts on a going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the requirements of Charities Statement of Recommended Practice (FRS102). The presentation currency used in the accounts is pounds sterling.

Cash flow statement

The Trustees have taken advantage of the exemption in Charities SORP (FRS102) from including a cash flow statement in the financial statements on the grounds that the charitable organisation is small.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charitable organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary Income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Income is only deferred when the donor specifies that the grant or donation must only be used in future accounting periods or the donor has imposed conditions which must be met before the charity has unconditional entitlement.

Government Grants

Grants, including government grants, are accounted for under the accruals model as permitted by FRS102. Grants of a revenue nature are recognised in the Statement of Financial Activities in the same period as the related expenditure.

Resources expended

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. The pension costs charged against income represent the amount of contributions payable to the scheme in respect of the accounting period.

Costs charged to a restricted fund relate to the activities undertaken to further the specific charitable purposes the fund was established to support. These costs include both direct and support costs associated with the activities undertaken by the restricted funds. Support costs are allocated based on agreed allowances from funders.

Expenditure attributable to the restricted fund may still be charged to it even if there is an insufficient balance on that fund at the time. However, expenditure should only be charged to a restricted fund in deficit when there is a realistic expectation that future income will be received to cover the shortfall, for example when a decision has been made to invite donations to that restricted fund.

Operating Leases: the charitable organisation as lessee

Rentals under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term.

24

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1. COMPANY INFORMATION AND ACCOUNTING POLICIES continued

Tangible fixed assets

The company’s threshold for capitalisation is £200. Expenditure below this value, on items that may be considered fixed assets, is written off to revenue account as the Trustees consider that the administration cost of capitalisation outweighs any benefit to the user of these accounts.

Computer Equipment with a value in excess of £200 are depreciated over their anticipated useful life of 3 years.

Fixtures and Fittings with a value in excess of £200 are depreciated over their anticipated useful life of 4 years.

Taxation

The charitable company is exempt from corporation tax on its charitable activities.

Defined Contribution Pension

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in the Statement of Financial Activities when they fall due. Amounts that are not paid are shown in creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in an independently administered funds.

Debtors

Trade debtors, prepayments and other debtors are valued at the amount paid in respect of future accounting periods.

Cash at bank and in hand

Cash at bank and in hand include cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or openings of the deposit or similar account.

Creditors

Trade creditors, accruals and other creditors are recognised when there is an obligation at the year-end as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of settlement can be estimated reliably.

Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

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 charitable organisation. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Provision is made in the majority of restricted funding streams for management and administration costs. These costs are borne within unrestricted funds and then an appropriate allocation is made in accordance with the funding agreement.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

25

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

2. DONATIONS

DONATIONS
14 month
period
ending
31.3.24 31.3.23
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Individual Donations - - - 15 - 15
Co-Op Community
Scheme		 - 1,762 1,762 - 2,613 2,613
- 1,762 1,762 15 2,613 2,628
INCOME FROM CHARITABLE ACTIVITIES
14
month
period
ending
31.3.24 31.3.23
Unrestricted Restricted Total Unrestricte Restricted Total
d
£ £ £ £ £ £
- -
London Borough of
Barking & Dagenham 1,135 22,814 23,949 321 23,233 23,554
Arts Council England - 2,181 2,181 - 14,000 14,000
National Lottery
Community Fund - 1,500 1,500 - 27,247 27,247
Jack Petchey Foundation - 1,800 1,800 - 3,000 3,000
Serpentine Gallery 110 500 610 610 6,705 7,315
Children in Need - 33,709 33,709 - 50,701 50,701
Comic Relief 15,000 92,130 107,130 46 89,931 89,977

3. INCOME FROM CHARITABLE ACTIVITIES

26

GREEN SHOES ARTS C.I.O

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

Neighbourhood Fund
(NCIL)
Goldsmiths University
Thames Ward Community
Project
Community Resource
Social Change
Community Chest
Big Ideas Company
Albert Hunt Foundation
Workshop Fees		 -
10,000
10,000
-
8,333
8,333
-
-
-
750
-
750
-
-
-
-
703
703
-
-
-
140
210
350
2,760
-
2,760
-
-
-
-
750
750
-
-
-
-
2,000
2,000
-
-
-
525
-
525
-
-
-
19,530
167,384
186,914
1,867
224,063
225,930

4. ANALYSIS OF EXPENDITURE

27

GREEN SHOES ARTS C.I.O

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

Charitable
activities
Salary related
costs
Consultancy Costs
Rent and rates
Insurance
Artistic
Programme
Office cost and
admin
Staff Training
Recruitment
Independent
examiner’s fees
Accountancy,
payroll and HR
support costs
Trustee expenses
Depreciation of
tangible fixed
assets		 31.3.24
14 month
period ending
31.3.23
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
£
£
£
£
£
£
11,403
103,802
115,205
7,114
132,741
139,855
-
2,770
2,770
3,300
3,300
6,600
1,650
6,600
8,250
1,543
-
1,543
126
1,318
1,444
305
42,377
42,682
400
61,145
61,545
2,010
128
2,138
3
2,399
2,402
-
1,503
1,503
89
5,153
5,242
-
-
-
-
32
32
504
-
504
-
1,000
1,000
1,618
2,970
4,588
70
5,101
5,171
191
-
191
-
-
-
5,223
-
5,223
6,331
-
6,331
26,097
156,850
182,947
15,783
215,489
231,272

5. NET INCOMING/(OUTGOING) RESOURCES

Net resources are stated after charging:

31.3.24 31.3.23 £ £

28

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

Depreciation – owned assets 5,223 6,331
Operating Leases - property 6,600 8,250
Independent examiner’s fees 504 1,000

6. Trustees’ REMUNERATION AND BENEFITS

None of the Trustees received any remuneration or other benefits for the year ended 31 March 2024 (14 month period to 31 March 2023: nil). There were Trustee expenses totalling £191 paid during the period (2023: nil).

7. STAFF COSTS

Wages and salaries
Social security costs
Pension contributions		 31.3.24
£
108,252
3,768
3,185
115,205		 14
months
ending
31.3.23
£
130,749
5,826
3,280
139,855

The average number of full time equivalent employees during the year was 2.48 (2023: 3). The average head count of employees during the year was 4.75.

8. TANGIBLE FIXED ASSETS

COST
Opening Cost at 1 April 2023
At 31 March 2024		 Computer
Equipment
£
14,670
14,670		 Fixtures &
Fittings
and
Equipment
£
4,666
4,666		 Total
£
19,336
19,336

29

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

DEPRECIATION
Opening Depreciation at 1 April 2023
9,507
4,148
Charge for the year
4,705
518
14,212
4,666
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
458
-
At 31 March 2023
5,163
518
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
£
Trade debtors
-
Other debtors
1,226
1,226
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
£
Trade Creditors
693
Accruals
504
Other Creditors
704
Income in Advance
36,445
38,346		 DEPRECIATION
Opening Depreciation at 1 April 2023
9,507
4,148
Charge for the year
4,705
518
14,212
4,666
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
458
-
At 31 March 2023
5,163
518
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
£
Trade debtors
-
Other debtors
1,226
1,226
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
£
Trade Creditors
693
Accruals
504
Other Creditors
704
Income in Advance
36,445
38,346		 13,655
5,223
18,878
458
5,681
31.3.23
£
1,710
1,136
2,846
31.3.23
£
1,645
1,000
595
110
3,350

11. PENSION COMMITMENTS

GSA operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the organisation in an independently administered fund. The pension cost charge represents contributions payable by the charitable organisation to the fund and amounted £3,185 (2023: £3,280). Contributions totalling £704 (2023: £595) were payable to the fund at the reporting date and are included in other creditors.

12. MOVEMENT IN FUNDS

30

GREEN SHOES ARTS C.I.O

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

Unrestricted funds
General fund
Comic Relief Core
Restricted funds
Children in Need
NCIL Youth Theatre
Global Fund for
Children
Jack Petchey
Foundation
LBBD Arts Award
RAFTs Serpentine
Gallery
ACE Speak Up
Comic Relief C4L
Fund
NCIL Diverse
Communities
Co-Op C4L Fund
Comic Relief BA
Fund
National Lottery
Community
Foundation - Big
Weekend
GLA Civic Duty
HAF
Albert Hunt
Foundation		 At
Conversion
1.04.2023
Incoming
Resource
Resources
Expended
Net
movement
in funds
£
£
£
£
35,418
4,530
(14,543)
(10,013)
(3,446)
15,000
(11,554)
3,446
31,972
19,530
(26,097)
(6,567)
12,626
31,209
(32,974)
(1,765)
2,095
5,500
(5,779)
(279)
3,835
-
-
-
1,208
1,800
(1,799)
1
3,073
19,814
(13,463)
6,351
1
500
(501)
(1)
4,753
2,181
(5,117)
(2,936)
26,357
91,180
(87,225)
3,955
(1,934)
10,000
(4,659)
5,341
1,833
1,762
(2,869)
(1,107)
-
950
(950)
-
-
1,500
(1,075)
425
-
750
(430)
320
-
-
(9)
(9)
–
2,000
-
2,000		 Transfer
between
funds
£
8,450
-
8,450
(350)
(1,000)
-
-
(4,000)
-
(1,817)
(388)
(150)
-
-
(425)
(320)
-
-		 At 31.3.24
£
33,855
-
33,855
10,511
816
3,835
1,209
5,424
-
-
29,924
3,257
726
-
-
-
(9)
2,000

31

GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

TOTAL FUNDS 53,847
169,146
(156,850)
12,296
85,819
188,676
182,947
5,729		 (8,450)
-		 57,693
91,548

All transfers between funds relate to approved project administration and unrestricted reserve contributions.

12. MOVEMENT IN FUNDS - continued

Transfers from Restricted Funds

Provision is made in the majority of restricted funding streams for management and administration costs. These costs are borne within unrestricted funds and then an appropriate transfer is made in accordance with the funding agreement on an annual basis.

Purpose of Restricted Funds

Children in Need Fund:

This fund works with a wide variety of children and young people aged up to 18 including a number of participants with a range of additional needs, providing dance and drama activities along with opportunities for socialisation.

NCIL Youth Theatre Fund:

The youth theatre provides a creative space for young people from the age of 12+ who are interested in developing their skills in theatre and performing arts in a vocational, professional setting.

Global Fund for Children:

This fund provided emergency funding to develop the charity’s infrastructure in response to COVID-19, providing the means to purchase needed equipment and items, allowing us to continue to operate while remaining within government regulations.

Jack Petchey Foundation:

This fund allowed the children and young people we work with to choose a suitable and appropriate experience or equipment purchase to support their activity, including cinema/theatre tickets, VR headsets, and art supplies.

LBBD Arts Award Transitions

Commissioned by Inspiring Futures for LBBD, GSA moderated 1614 Arts Award Discover certificates for pupils across the Borough’s schools.

RAFTs Serpentine Gallery

Working alongside the Serpentine Gallery and artist Rory Pilgrim, GSA participants took part in a film and provided artwork, all of which was displayed at the Serpentine North Gallery in an exhibition.

Arts Council England Speak Up:

This was designed to build on the work of LCRF Speak Up, expanding the project to include young South Asian men and creating a virtual reality asset through a series of workshops that would later be toured to schools partners alongside peer-led workshops.

Comic Relief C4L Fund:

Creative 4 Life provides mixed creative arts activities for adults with mental health issues, as well as external trips, opportunities to engage with partner organisations, and outreach activities.

Co-Op C4L Fund:

This fund has built and maintains a choir called the Valence Singers, working with a group of local mothers and providing positive social activity and performances.

Comic Relief Core Fund

This fund was awarded to assist GSA in combating the rising cost of living, providing the means to offer remuneration to salaried and freelance employees that responds to increased costs and helps to support employment of vital workers in the arts and third sectors.

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GREEN SHOES ARTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

NCIL Diverse Communities Fund:

This is intended to give GSA the capacity to effectively engage with a wider range of diverse communities from across the borough, researching the best practice for effective engagement and delivery, recruiting focus groups to advise on this process, and delivering a combined arts festival, using findings from the project to adapt GSA’s ongoing activity and make it a stronger offer that will reach a wider range of communities and cultures.

Comic Relief BA Fund:

Working in association with Comic Relief, GSA delivered a series of creative workshops for BA staff members as part of the Flying Start project, focusing on team building and creative collaboration.

National Lottery Community Fund - Big Weekend:

GSA worked with a series of local community organisations including Tawhid Academy, Love Literacy, and Young at Heart, to deliver a weekend of workshops focusing on building community collaboration through artistic activity. This was held to celebrate the Mayor’s Weekend and was highly successful in bringing people who had previously not engaged with us both into the community centre and in contact with GSA’s activities.

GLA Civic Duties

GSA worked in collaboration with Big Ideas to deliver a creative wellbeing origami workshop, bringing together adult, child, and young person participants from across our projects and other partners in positive artistic activity. The focus of this was to improve civic engagement and community collaboration. The final outcome of an origami village was exhibited at Chadwell Heath Community Centre.

Albert Hunt Foundation:

GSA carried out a pilot project to determine the best practice for a larger project focusing on early intervention for young people with mental health issues under the title Creative Minds . This will be used to achieve funding and deliver a larger project in the next year.

13. RELATED PARTIES

Green Shoes Arts uses CHCC to deliver workshop activities and as office space. CHCC is owned by LBBD. While LBBD have funded GSA in the past for specific projects, they hold no controlling interest in the charity. GSA pays rent to LBBD to use studio and office space at CHCC. The charity has a commercial rolling three year lease contract with CHCC, which was renewed in October 2021, and all transactions are carried out at arm’s length.

14. OPERATING LEASE

31.3.24 31.3.23
The total of future minimum lease payments under non-cancellable operating
leases are: £ £
Due within one year 3,300 6,600
Due after one year and before five years - 3,300

15. Prior Year Net Asset Funds

Notes Unrestricted
Funds		 Restricted Funds 2023
Total Funds
£ £ £
FIXED ASSETS
Tangible Assets 10 5,681 - 5,681
CURRENT ASSETS
Debtors 11 1,136 1,710 2,846

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GREEN SHOES ARTS C.I.O

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTINUED

Cash at Bank & In Hand 27,751 52,892 80,643
CREDITORS
Amounts Falling Due Within
One Year		 12 (2,596) (755) (3,351)
NET CURRENT ASSETS 26,292 53,847 80,139
TOTAL ASSETS LESS
CURRENT LIABILITIES		 31,972 53,847 85,819
NET ASSETS
FUNDS
Unrestricted Funds 13 31,972
Restricted Funds 13 53,847
TOTAL FUNDS 85,819

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