2024-03-31-accounts

Trustees’ Annual Report for the period

From Period start date 23/01/23 Period end date 31/03/24

Charity name: Good Mood Creative

Charity registration number: 1201681

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote health and advance the arts for the public beneft, in particular, but not exclusively by arts and health programmes for: 1.The relief of sickness and the improvement of mental health and wellbeing 2.Promoting participation in high quality performing arts activity 3.Supporting research into the health benefts of arts activity
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	1. Deliver workshops to young people that used Theatre techniques to improve their mental health. 2. Establish digital newsletter and resources that support young people with their mental health. 3. Develop new contacts across NHS, mental health referral partners and University partners. 4. Carry out fundraising to benefit more people and ensure the sustainability of the organisation.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Not applicable Para 1.38 Policy on grant making

Policy on social investment including program related investment	Para 1.38	Not relevant
Contribution made by volunteers	Para 1.38	All our Trustees are volunteers and advise the Artistic Director on all matters as well as ensuring the public benefit is the primary ai in all projects.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Since the inception of the charity, the Trustees have worked with the Artistic Director to secure funding for 2 projects. Good Mood Club: 2 groups of 14-16 year olds in Colchester, Essex with mental health issues and excluded from school. We worked for 8 weeks, once a week delivering engaging sessions. Methodology: Rhythm and Breathe work for well-being. Results: 80% engagement. This is a high rate as these young people face multiple barriers to access for the Arts and Mental health support. 70% reported reduction in stress Staff at their PRU reported that the young people engaged more in classes after this arts engagement. Good Mood Day: Essex We successfully ran a Good Mood Day in conjunction with the ARU science Festival. The rolling event aimed at families, used rhythm and percussion games to improve well-being and highlight the need for families to discuss mental health with their children. The event was attended by over 500 people throughout the day with attendees ranging in age from 1-75.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of this period, key personnel relocated to the Midlands. It was agreed by the Trustees to not further Essex or east of England activities in the interim and to focus on building new contacts in the Midlands, before expanding further.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Remaining funds are for the completion of the agreed project
Amount of reserves held	Para 1.22	£953
Reasons for holding zero reserves	Para 1.22	M/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Due to the relocation mentioned above,

Additional information (optional)

You may choose to include further statements where relevant about:

Catalyst Foundation The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted Lack of funds: We are currently focusing on fundraising A description of the principal Para 1.46 with new bids due in shortly. risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Election to post

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51	n/a
Other

Reference and Administrative details

Charity name	Good Mood Creative
Other name the charity uses
Registered charity number	1201681
Charity’s principal address	7 BELL YARD LONDON WC2A 2JR

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Tom Doggett
	Caroline Dixon
	AmyMitchel
	Ka Wai Wu
	Meryyn Macnamara

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Thomas Peter Doggett Position (eg Secretary, Trustee Chair, etc)

Date 29 / 01 / 2025

Charity Registration No. 1201681

GOOD MOOD CREATIVE CIO

ANNUAL REPORT AND UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Ms C Dixon
(during the period or at date of	Mr T Doggett
approval)	Ms M Macnamara
	Ms A Mitchell
	Ms Ka Wai Wu
Charity number	1201681
Principal address	7 Bell Yard
	London
	WC2A 2JR
Registered office	7 Bell Yard
	London
	WC2 A 2JR
Accountant	Jon Harris, ACMA,
	CGMA
	Suite LP61812
	20 Wenlock Road
	London N1 7GU
Bankers	Metro Bank PLC

CONTENTS

	Page
Trustees' report		1
Statement of financial activities		3
Balance sheet		4
Notes to the financial statements		6

TRUSTEES' REPORT FOR THE PERIOD ENDED 31 March 2024

The Trustees present their report and financial statements for the period ended 31March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association and "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

The charity is a Charitable Incorporated Organisation and its objects are specifically restricted to the following:

A. THE PROMOTION OF THE MENTAL HEALTH OF THE PUBLIC BY PROVIDING PERFORMING ARTS PROGRAMMES DESIGNED TO IMPROVE MENTAL HEALTH AND SUPPORTING RESEARCH INTO THE HEALTH BENEFITS OF ARTS ACTIVITY AND PUBLISHING THE USEFUL RESULTS OF THAT RESEARCH. B. THE ADVANCEMENT OF THE ARTS BY PROMOTING PARTICIPATION IN HIGH QUALITY PERFORMING ARTS ACTIVITY THROUGH WORKSHOPS, PROJECTS AND PERFORMANCES.

Statement of Trustees' responsibilities

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

The Trustees prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that year.

In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping adequate accounting records that 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 relevant Acts. 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.

1

Structure, governance and management

Governing Document: Good Mood Creative is governed by its constitution. b. The Charity functions at our registered office as well as in schools, theatres and other locations across the UK. d. Appointment Organisation: of The trustees board of is conducted trustees administers in accordance the Charity. with the The constitution.day-to-day running of the company is managed by a small professional staff.

Accounting is managed by the professional staff and all financial documents are produced in accordance with applicable law and United Kingdom Accounting Standards.

Financial review

a. statement of Risk: The Trustees validate that all contracts, expenditures, financial plans, and business models used by the Charity are of sound financial sense and do not contravene any Health and Safety or vulnerable individuals' statues or common practice. b. The Trustees regularly review the charity's Reserve. At year end, there was a surplus in the reserves of E953. d. Detailed cash flow projections and line-item expenditures are kept at all times of all transactions. Trustees review and approve all accounting documents produced by staff. The Trustees are responsible for preparing the Trustees' Annual Report. g. An accountant is engaged to independently review and examine accounts at year end. h. This statement deals with the period from the date of the charity's inception, 23 January 2023, up to 31st March and future statements will deal with periods of one year thereafter.

Public benefit statement

During the year we fulfilled our objectives, to advance public appreciation of the arts, and have made a full report to the Charity Commission.

The Trustees h ve oved this report. MrTDo Trustee

24 January 2025

2

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2024

			Unrestricted		Restricted		**Total **	Unrestricted		Restricted	Restricted			Total
			funds		funds			funds		funds
			2024		2024		2024	-		-			-
Notes		£		£		£		£	£			£
Income and endowments from:
Donations and legacies			0		0		0	0			0			0
Charitable activities			10,024		0		10,024	0			0			0
Other trading activities			0		0		0	0			0			0
Investments			0		0		0	0			0			0
Other income			0		0		0	0			0			0
Total income			10,024		0		10,024	0			0			0
Expenditure on:
Charitable activities	3		9,071		0		9,071	0			0			0
Net income/(expenditure)
for the year/
Net movement in funds			953		0		953	0			0			0
Fund balances at
31 Mar 2023 (31 Mar 2022)			0		0		0	0			0			0
Fund balances at
31 Mar 2024 (2023)			953		0		953	0			0			0

The statement of financial activities includes all gains and losses recognised in the period.

All income and expenditure derive from continuing activities.

3

BALANCE SHEET as at 31 Mar 2024

----- Start of picture text -----
2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 0 0
Current assets
Debtors 0 0
Cash at bank and in hand 1,660 0
1,660 0
Creditors: amounts falling due within
one year 6 -707 0
Net current assets/(liabilities) 953 0
Total assets less current liabilities 953 0
Creditors: amounts falling due after
more than one year 0 0
Net assets/(liabilities) 953 0
Income funds
Unrestricted funds 953 0
Restricted funds 0 0
953 0
----- End of picture text -----

4

BALANCE SHEET (CONTINUED) AS AT 31 Mar 2024

The financial statements were a proved by the Trustees on 24 January 2025. MrT Dog ett Trustee

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NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 March 2024

1 Accounting policies

Charity information

Good Mood Creative is a Charitable Incorporated Organisation . The registered address is at 7 Bell Yard, London WC2.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Constitution and "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

1.3 Incoming resources

Donations, legacies, grants etc. are accounted for when due to the charity, where applicable, with their associated tax recoverable element.

Production income is credited to the statement of financial activities for the period in which the related production takes place. Fees received in advance of future produtions are deferred. All other income is recognised when it is receivable.

No income is recorded net of expenses except where these are beyond the control or knowledge of the trustees.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED

31 Mar 2024

(Continued)

1 Accounting policies

1.4 Resources expended

Resources expended are recognised in the period in which they are incurred except that production expenses are recognised in the period in which the production takes place.

Governance costs are those necessary for the charity to meet constitutional and statutory requirements and include any costs associated with the strategic management of the charity's activities.

1.5 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Furniture and office equipment 33% straight line Motor vehicles 33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Taxation

The charity is exempt from corporation tax since all its income is charitable and is applied for charitable purposes.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 Mar 2024

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Charitable activities

3 Charitable activities
Activity costs		2024 £ 6,870	2023 £ 0
Share of support costs (see note 4) Share of governance costs (see note 4)		6,870 1,494 707	0 0 0
		2,201	0
Analysis by fund Unrestricted funds Restricted funds		9,071 0	0 0
4 Support costs Sundry costs Accountancy Independent examination	Support Governance 2024 costs costs £ £ £ 1,494 1,494 707 707 0 0	9,071 2023 0 0 0	0 Basis of allocation Governance
Analysed between
Charitable activities	2,201 0 2,201	0

(2023: 0)

Governance costs include payments to the Independent Examiner of £707

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 Mar 2024

5 Trustees

Trustees remuneration for the year was 0. (2023: 0 )

6 Creditors: amounts falling due within one year

Notes Trade creditors Accruals HMRC	2024 2023 £ £ 0 0 707 0 0 0 707 0

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Employees

The average monthly number of employees was 0 (2023:0).

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