**REGISTERED COMPANY NUMBER: CE028817 (England and Wales) REGISTERED CHARITY NUMBER: 1198668** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025** **for** **Barrel Organ CIO** Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW **Barrel Organ CIO** ## **Contents of the Financial Statements for the Year Ended 31 March 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 3| |**Independent Examiner's Report**|4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6| |**Notes to the Financial Statements**|7 to 12| |**Detailed Statement of Financial Activities**|13| ## **Barrel Organ CIO** ## **Report of the Trustees for the Year Ended 31 March 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives, aims and future plans** The Objects of Barrel Organ CIO, as logged with the Charities Commission, are to advance the arts for the public benefit by the promotion in particular, but not exclusively, of the art of drama by providing educational performances for hard to reach audiences. Barrel Organ is a theatre company led by collaboration. We make daring and generous work with under-represented groups across the UK. By building meaningful relationships, we support collaborators to shape a process that empowers everyone involved to take an imaginative leap and give voice to the stories they want told. This means that we make live theatre work with & for groups of people who may not normally have easy access to the arts. It also means that we hold participation programmes to promote and offer engagement in creativity, with a view to how this engagement has a positive impact on health and wellbeing. We also offer a comprehensive Artist Development programme for under-represented artists & those beginning their careers. Barrel Organ seeks to deliver these three strands of their work: making & sharing productions; delivering participation programmes to increase arts engagement; and offering artistic development support so that they all interconnect & support one another more closely. We seek to grow our income streams and increase our revenue so that we can more effectively support the work we do. ## **Significant activities** In 2024-25, the organisation continued our highly successful Youth Advisory Panel, supporting young people currently underrepresented in the arts to develop their skills, experience & confidence in arts leadership and governance. This programme included 1-2-1 mentorship, groups masterclasses & financial support. We also supported the new theatre company Three Compost Bins to work towards the creation of their first show, and learn about the process of establishing a theatre company & creating an autobiographical show. Three work-in-progress events of their show were presented throughout the year, including one hosted by Barrel Organ at NSDF. Our Heritage Lottery-funded project Jilo began in Bradford in September, working with a group of Roma women to discuss and record their stories and ideas, working towards a public exhibition in the second half of 2025. Town Squared: Dover began in the summer of 2024 and ran through to the end of the year, with a sharing event scheduled for later in 2025. We worked with 40+ participants over the course of the year, imagining different versions of Dover's past, present and future. In collaboration with Future Foundry, we established Dover Theatre Club as a vital and playful alternative to other local youth theatres. We continued working with the people of Doncaster in this time period, including in the development of The View From Up Here, which was commissioned by City of Doncaster Council at Cusworth Hall, and also working with our long-term partners Doncaster Mind on the delivery of their Settle Programme, supporting Refugees and Asylum Seekers in the Doncaster area, to develop skills, confidence and language competence through creative activity. Overall, this year, we worked in a number of places across the country - Doncaster, Bradford & Dover - to incorporate participants and audiences into the creative acts of theatre creation and place-making. We continue to deliver excellent, meaningful projects for stakeholders and participants, and build on strong relationships to see us into 2025-26. ## **Public benefit** The charity trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Page 1 ## **Barrel Organ CIO** ## **Report of the Trustees for the Year Ended 31 March 2025** ## **FINANCIAL REVIEW** ## **Finance Review** Although Barrel Organ remains primarily funded on a project-by-project basis, the CIO ended the year 24/25 in good financial health in cash-in-hand terms, with a substantial amount of Heritage Lottery funding remaining for the rest of the Jilo project. As in previous years, the majority of funds are restricted. For the year ended 31 March 2025 total income was £77,536 (2024: £164,549) and total expenditure £99,020 (2024: £88,335). An in year deficit of £21,484 was reported (2024: £76,214 surplus). At 31 March 2025 closing reserves was £106,971, £93,204 was restricted reserves and £13,767 was the unrestricted reserve. In this financial year, Barrel Organ raised £35,000 in income from grant funding to deliver projects across the country. Additionally, Barrel Organ continued a successful relationship with major funder Arts Council England, raising over £30,000, and continued a relationship with the National Lottery Heritage Fund. Barrel Organ continues to seek longer-term and more stable income streams for future years. It remains the Board's intended policy that the reserves held will be three months of operating costs (£15,120) over the coming financial years. Closing reserves at 31 March 2025 was in excess of this target, but did include restricted funds which are allocated to future projects. ## **FUTURE PLANS** Early summer 2025 will be an incredibly busy time for the organisation, with NSDF in Leicester working with young artists, and the culmination of our Youth Advisory Panel, View From Up Here and Town Squared projects. We expect to reach hundreds of audience members during this time period, and hope to find ways of continuing to work with these participants into the future. We will continue to deliver a major project; 'Jilo: An Exhibition of the Senses'. This project is a £90,000 project, funded by the Heritage Fund and sees us working with a group of women from the Roma community in Bradford, to create a visual exhibition that will educate a broad audience on Roma culture and heritage. This project will culminate in a public exhibition in Bradford later in 2025. We will begin work on a new show, incorporating learnings and questions from years working with participants across the country. The project will reestablish Barrel Organ as a maker of high-quality theatre, helping us to reconnect with industry partners, engage with current and past participants in a really meaningful, creative way and - crucially - to start reaching broader public audiences once again. 2025-26 will mark a period of change and opportunity for Barrel Organ, continuing our excellent participatory work and reaching an even wider audience with brand-new work. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** CE028817 (England and Wales) ## **Registered Charity number** 1198668 ## **Registered office** 44 Club Garden Road Sheffield South Yorkshire S11 8BU Page 2 **Barrel Organ CIO** ## **Report of the Trustees for the Year Ended 31 March 2025** **Trustees** Mr J O R Perkins Ms K E Wasserberg Ms E Maqeda Ms E Rose ## **Independent Examiner** Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW ## **FUNDS HELD AS CUSTODIAN FOR OTHERS** The charity does not hold any funds as custodian trustee for other persons or organisations. Approved by order of the board of trustees on 28 January 2026 and signed on its behalf by: Page 3 **Independent Examiner's Report to the Trustees of Barrel Organ CIO** ## **Independent examiner's report to the trustees of Barrel Organ CIO ('the charity')** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Charity's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Your attention is to drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention which gives me reasonable cause to believe that, in any material respect: 1. accounting records were not kept in respect of the charity as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and 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 of the accounts to be reached. Ian Bragger FCA Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW Date: 28 January 2026 Page 4 ## **Barrel Organ CIO** ## **Statement of Financial Activities** ## **for the Year Ended 31 March 2025** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
6,058
**Charitable activities**
4
Charitable activities
2,962
Other trading activities
3
6,424
**Total**
15,444
**EXPENDITURE ON**
**Charitable activities**
5
Charitable activities
27,122
**NET INCOME/(EXPENDITURE)**
(11,678)
**RECONCILIATION OF FUNDS**
Total funds brought forward
25,445
**TOTAL FUNDS CARRIED FORWARD**
13,767|Restricted
fund
£
1
62,091
-
62,092
71,898
(9,806)
103,010
93,204|2025
Total
funds
£
6,059
65,053
6,424
77,536
99,020
(21,484)
128,455
106,971|2024
Total
funds
£
473
163,126
950
164,549
88,335
76,214
52,241
128,455| |---|---|---|---| The notes form part of these financial statements Page 5 ## **Barrel Organ CIO** |**Balance Sheet**
**31 March 2025**
Notes
**CURRENT ASSETS**
Debtors
10
Cash at bank
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
13
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2025
£
52,942
61,122
114,064
(7,093)
106,971
106,971
106,971
13,767
93,204
106,971|2024
£
53,192
80,634
133,826
(5,371)
128,455
128,455
128,455
25,445
103,010
128,455| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2026 and were signed on its behalf by: The notes form part of these financial statements Page 6 **Barrel Organ CIO** ## **Notes to the Financial Statements for the Year Ended 31 March 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements have been prepared on a going concern basis under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective from 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Account and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. ## **Critical accounting judgements and key sources of estimation uncertainty** No significant judgements or estimates have had to be made by the trustees in preparing these financial statements other than as described in the following accounting policies. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid relating to prior years at the balance sheet date. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **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 charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 7 continued... **Barrel Organ CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**2.**
**DONATIONS AND LEGACIES**
Gifts
Donations
**3.**
**OTHER TRADING ACTIVITIES**
Commission
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Charitable activities
Grants received, included in the above, are as follows:
Other grants
**5.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs (see
note 6)
£
Charitable activities
97,502
**6.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Insurance
Postage and stationery
Advertising
Sundries
Freelance fees
Access Fees
Equipment Costs
Venue Hire
Travel Costs
Accommodation
IT Costs
Staff Training
Meals & Hospitality
Workshop Fees
Participant Fees||2025
£
-
6,059
6,059
2025
£
6,424
2025
£
65,053
2025
£
65,053
Support
costs
£
1,518
2025
£
59,997
405
245
1,964
14
12,690
8,996
124
960
6,170
462
244
400
631
-
4,200
97,502|2024
£
(1)
474
473
2024
£
950
2024
£
163,126
2024
£
163,126
Totals
£
99,020
2024
£
59,095
137
198
1,349
-
14,288
1,170
119
1,149
5,013
1,836
463
-
934
87
-
85,838| |---|---|---|---| ||||| ||||| Page 8 continued... **Barrel Organ CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **7. TRUSTEES' REMUNERATION AND BENEFITS** One trustee, Ms E Maqeda. received payment of £280 for assisting the facilitation of a workshop during the year ended 31 March 2025. The payment was made in line with charities constitution document and in line with sections 185 to 188 of the Charities Act 2011. There were no trustees' remuneration or other benefits for the year ended 31 March 2024. ## **Trustees' expenses** One trustee received travel expenses of £37 during the year ended 31 March 2025. There were no trustees expenses for the year ended 31 March 2024. |**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
473
**Charitable activities**
Charitable activities
37,786
Other trading activities
950
**Total**
39,209
**EXPENDITURE ON**
**Charitable activities**
Charitable activities
66,005
**NET INCOME/(EXPENDITURE)**
(26,796)
**RECONCILIATION OF FUNDS**
Total funds brought forward
52,241
**TOTAL FUNDS CARRIED FORWARD**
25,445|Restricted
fund
£
-
125,340
-
125,340
22,330
103,010
-
103,010|Total
funds
£
473
163,126
950
164,549
88,335
76,214
52,241
128,455| |---|---|---| ## **9. INDEPENDENT EXAMINERS REMUNERATION** The trustees have decided an independent examination should be undertaken and not an audit. The charges for the independent examination during the year was £1,225 (2024: £1,188). Page 9 continued... **Barrel Organ CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** |**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
There is no deferred income at the year end.
**12.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
Restricted
funds
fund
£
£
Current assets
20,860
93,204
Current liabilities
(7,093)
-
13,767
93,204
**13.**
**MOVEMENT IN FUNDS**
At 1/4/24
£
**Unrestricted funds**
General fund
25,445
**Restricted funds**
Restricted Funds
103,010
**TOTAL FUNDS**
128,455
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
15,444
**Restricted funds**
Restricted Funds
62,092
**TOTAL FUNDS**
77,536|2025
2024
£
£
52,942
53,192
2025
2024
£
£
6,093
3,163
1,000
2,208
7,093
5,371
2025
2024
Total
Total
funds
funds
£
£
114,064
133,826
(7,093)
(5,371)
106,971
128,455
Net
movement
At
in funds
31/3/25
£
£
(11,678)
13,767
(9,806)
93,204
(21,484)
106,971
Resources
Movement
expended
in funds
£
£
(27,122)
(11,678)
(71,898)
(9,806)
(99,020)
(21,484)| |---|---| Page 10 continued... ## **Barrel Organ CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **13. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1/4/23
£
**Unrestricted funds**
General fund
52,241
**Restricted funds**
Restricted Funds
-
**TOTAL FUNDS**
52,241
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
39,209
**Restricted funds**
Restricted Funds
125,340
**TOTAL FUNDS**
164,549
A current year 12 months and prior year 12 months combined position is as
At 1/4/23
£
**Unrestricted funds**
General fund
52,241
**Restricted funds**
Restricted Funds
-
**TOTAL FUNDS**
52,241|Net
movement
At
in funds
31/3/24
£
£
(26,796)
25,445
103,010
103,010
76,214
128,455

Resources
Movement
expended
in funds
£
£
(66,005)
(26,796)
(22,330)
103,010
(88,335)
76,214
follows:
Net
movement
At
in funds
31/3/25
£
£
(38,474)
13,767
93,204
93,204
54,730
106,971| |---|---| Page 11 continued... **Barrel Organ CIO** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** ## **13. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|54,653|(93,127)|(38,474)| |**Restricted funds**|||| |Restricted Funds|187,432|(94,228)|93,204| |**TOTAL FUNDS**|242,085|(187,355)|54,730| Restricted income has come from a number of grant providers such as Arts Council England and The National Lottery Heritage Fund, the projects covered by the restricted grants are commented on in the Significant Activities section of the Trustees Report. ## **14. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 12 ## **Barrel Organ CIO** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
**Other trading activities**
Commission
**Charitable activities**
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Insurance
Postage and stationery
Advertising
Sundries
Freelance fees
Access Fees
Equipment Costs
Venue Hire
Travel Costs
Accommodation
IT Costs
Staff Training
Meals & Hospitality
Workshop Fees
Participant Fees
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net (expenditure)/income**|2025
£
-
6,059
6,059
6,424
65,053
77,536
59,997
405
245
1,964
14
12,690
8,996
124
960
6,170
462
244
400
631
-
4,200
97,502
104
1,414
99,020
(21,484)|2024
£
(1)
474
473
950
163,126
164,549
59,095
137
198
1,349
-
14,288
1,170
119
1,149
5,013
1,836
463
-
934
87
-
85,838
108
2,389
88,335
76,214| |---|---|---| This page does not form part of the statutory financial statements Page 13