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2023-04-05-accounts

Trustees' Annual Report for the period From Period start date To[Period end date ] 15 02 2022 05 04 2023

Section A Reference and administration details

Charity name Carousel Print Studio

Other names charity is known by

Registered charity number (if any) 1197931

Charity's principal address Exchange Place Studios Exchange Street Sheffield Postcode S2 5TR

Names of the charity trustees who manage the charity

Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 Claire Crawshaw

Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year

Olivia Bliss

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Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Olivia Bliss

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Registered 15/02/2022 CIO FOUNDATION

How the charity is constituted

Appointed by other trustees

Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

New Trustees are inducted by existing members of the Board and by experienced operational volunteers.

New trustees are urged to read the governing document and the existing policies in place, as well as, visiting the studio and meeting members of the volunteer team.

All trustees are encouraged to attend available seminars and events led by ‘Getting on Board’ Company and NCVO to help improve their positions as trustees.

We work closely with Yorkshire Art Space who are a charity in which we sublet the premises from and collaborate with for local events.

The trustees consider the main risks to be:

Section C Objectives and activities

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Summary of the objects of the
charity set out in its governing
document
Summary of the main activities
undertaken for the public
benefit in relation to these
objects (include within this
section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit)
The advancement of visual arts in Sheffield and the surrounding region for
the public benefit mainly but not exclusively through workshops,
exhibitions, educational courses and events.
Our main activities are hosting workshops to promote different print
making techniques. We charge at a rate which is viable to cover costs, but
with the intention of making them affordable to those on a low income.
We also hold exhibitions and community events which are free and
located in easily accessible venues in the city centre.
Our studio includes regular open access free sessions, which enable us to
make contact with individuals, groups and communities who cannot afford
our fee-paying courses. Some events are heavily subsidised.
Trustees consider the issue of public benefit at every Board meeting, and
this informs decisions about how to prioritise activities.

Additional details of objectives and activities (Optional information)

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The charity benefit from a considerable investment of time from volunteers who support many of the key functions including:

You may choose to include further statements, where relevant, about: ● policy on grantmaking; ● policy programme related investment; ● contribution made by volunteers.

Section D Achievements and performance

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Section D Achievements andperformance
Summary of the main
achievements of the charity
during the year
Carousel has established itself as a valued contributor to the community
arts and cultural scene in the city in a very short period - since opening
its doors to the public in September 2022. Prior to this, Sheffield was the
only major city in the country without an open access print studio.
This has been achieved because of the dedication and commitment of a
team of volunteers who have worked tirelessly to set up a well organised
and welcoming space and programme of activities with appropriate
procedures to ensure the safety and well-being of volunteers, tutors, and
participants.
Care has been taken to ensure the procedures and practices regarding
equipment and materials are mindful of both of environmental issues
and sustainability.
A wide range of weekend workshops is on offer introducing beginners to
basic printing techniques and offering more sophisticated processes to
those with more experience. In this period, we have hosted 25
workshops with 102 people in attendance.
80 individuals have signed up as members giving people with some
experience of printmaking skills access to the studio facilities. This is
developing into a supportive community.
Carousel has led open access free sessions at the Open Studio public
events at Yorkshire Arts Space in November 2022 at the Castlegate
Festival and at several other events held in the Castlegate area of the city
and has been actively involved in consultation and regeneration plans for
this part of the city.
Workshops have been organised with partner organisations including
Sheffield and District African Caribbean Community Association
(SADACCA) Wagamama’s and Castlegate.
An exhibition at a pop-up arts venue in the city Soft Ground profiled
prints by tutors and volunteers working at Carousel and introduced the
public to the accessible nature of the art form. Hands-on activities and
explanations of different printing techniques were offered. Over 50
people attended, some going on to sign up for workshops.
Volunteers ensure a regular social media and publicity of the event and
opportunities.

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Section E Financial review

Brief statement of the charity’s policy on reserves

We aim to hold reserves of up to 3 month’s rent and costs to wind down the company, including equipment removal.

Details of any funds materially in deficit

n/a

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The charity has gratefully secured funding, which has enabled the purchase of assets and has been pivotal in bringing the Print Studio to life.

In addition to this, the hosting of workshops and events have funded our central costs.

All expenditures have been carefully considered to ensure they maximise the promotion of visual arts within Sheffield and be accessible for the benefit of the public.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) C.Crawshaw Full name(s) Claire Crawshaw

Position (eg Secretary, Chair, etc) Treasurer

Date 27/01/24

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Charity Name No (if any)
Carousel Print Studio 1197931
Receipts and payments accounts
Period start date Period end date
For the period from 15/02/2022 To 05/04/2023 CC16a
Section A Receipts and payments
Unrestricted funds Restricted funds Endowment funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations, legacies and grants £1,600.00 £5,000.00 £6,600.00 -
Trading activities (Workshops) £8,876.00 £8,876.00 -
Trading activities (Events) £5,809.00 £5,809.00 -
Members' subscriptions £1,504.00 £1,504.00 -
£0.00 -
£0.00 -
£0.00 -
£0.00 -
Sub total(Gross income for AR) £17,789.00 £5,000.00 £0.00 £22,789.00 £0.00
A2 Asset and investment sales, (see table).
Sub total £0.00 £0.00 £0.00 £0.00 £0.00
Total receipts £17,789.00 £5,000.00 £0.00 £22,789.00 £0.00
A3 Payments
Payments for freelance workers (trading activities) £4,729.00 £4,729.00 -
Equipment and supplies (trading activities) £9,609.00 £3,000.00 £12,609.00 -
Repairs and Maintenance £1,545.00 £1,545.00 -
Rent £658.00 £658.00 -
Utilities £173.00 £173.00 -
Insurance £0.00 £0.00 -
Internet and postage £34.00 £34.00 -
Printing, stationery and computer supplies £0.00 -
Bank interest and charges £0.00 £0.00 -
Sub total £16,748.00 £3,000.00 £0.00 £19,748.00 £0.00
A4 Asset and investment purchases, (see table)
Purchase of fixed assets £4,172.00 £2,000.00 £6,172.00
£0.00
Sub total £4,172.00 £2,000.00 £0.00 £6,172.00 £0.00
Total payments £20,920.00 £5,000.00 £0.00 £25,920.00 £0.00
Net of receipts/(payments) -£3,131.00 £0.00 £0.00 -£3,131.00 £0.00
A5 Transfers between funds £0.00
A6 Cash funds last year end £12,667.00 £12,667.00
Cash funds this year end £9,536.00 £0.00 £0.00 £9,536.00 £0.00
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted funds Restricted funds Endowment funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Cash in Bank £9,536.00 - -
- - -
- - -
Total cash funds £9,536.00 - -
(agree balances with receipts and payments account(s)) OK OK OK
Unrestricted funds Restricted funds Endowment funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Grants and charitable loans - -- --
- - -
- - -
- - -
- - -
Details Fund to which asset belongs Cost (optional) Current value (optional)
B3 Investment assets Government Stocks - -
Other Quoted securities - -
Properties - -
Other investments - -
- -
Details Fund to which asset belongs Cost (optional) Current value (optional)
B4 Assets retained for the charity’s own use Photo Specialist A2 Printer Silk Screening exposure Unit £4,056.00£966.00 --
Workshop Benches £750.00 -
Risograph £400.00 -
Etching Press £3,000.00 -
Screen Printing Vacuum Bed £1,000.00 -
- -
- -
- -
Details Fund to which liability relates Amount due (optional) When due (optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf of all the trustees Signature Print Name Date of approval
C.Crawshaw CLAIRE CRAWSHAW 27/01/2024
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