**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
- 2 Pat Cochrane
- 3 Bev Stout
- 4 Carol Morton 5 Rachel M Until 9th August 2022 6 7 8 9
- 10 11 12 13 14 15 16 17 18 19 20
**Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year**
Olivia Bliss
1
> March **2012**
**TAR**
**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
- (eg. trust deed, constitution)
How the charity is constituted
- (eg. trust, association, company)
Appointed by other trustees
Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
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:
- Health and Safety – There are written procedures in place, to ensure safety in the studio. All members and volunteers are inducted, such that they are compliant with those procedures.
- Finances & Funding – As a small and newly established CIO, trustees are aware of the financial risks and therefore our financial position is closely managed and considered at both Board and Operational levels.
## **Section C Objectives and activities**
2
> March **2012**
**TAR**
|**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)**
3
> March **2012**
**TAR**
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.
- setting up the studio
- ● general day to day running of the print studio ● developing relationships with key arts and community organisations in the city and beyond ● publicity and marketing on social media and in relevant journals ● running open access activities at community events ● setting up exhibitions
## Section D Achievements and performance
4
> March **2012**
**TAR**
|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.|
> March **2012**
5
**TAR**
**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’s principal
- sources of funds (including any fundraising);
- how expenditure has
- supported the key objectives of the charity;
- investment policy and
- objectives including any ethical investment policy adopted.
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
6
> March **2012**
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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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