## **Trustees’ Annual Report for the period** ## **From: 17 May 2023 Period start date To: 31st July 2024 Period end date** ## **Charity name: Stacked Wonky Foundation Limited** ## **Charity registration number: 1203106** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the charity are, for the public
benefit, the promotion of the performing arts,
in particular but not exclusively by:
● the presentation of site-specific dance
productions
● facilitating and providing opportunities
for people to participate in site-specific
dance theatre workshops and
performances
● promoting public education in the
performing arts
● enabling and encouraging the use of
art and performing art skills in
communityengagement activities.| |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|The charity had a successful year with regard to
productions.
It was able to present**4 Minutes**, a ground-
breaking duet for two 17-year-olds, at
6 festivals across the country, which was
received to critical acclaim.
A further production,**You Don’t Know Either**,
directed by an 18-year-old from West
Somerset, was performed at Sadler’s Wells, in
London, in July 2024, the only production of its
kind selected for**Making Moves**, a national
choreographic platform, devised by a young
director.
The charity was also invited to stage a unique
performance of**We Come Before You, To**
**Stand Behind You**for staff, creatives and the
National Youth Dance Company at Sadler’s
Wells in June 2023, as an example of best
practice.| All three performances provided opportunities for young performers, directors, sound artists, designers and technicians from West Somerset, aged 10 to 18, to excel. One of the performers of **4 Minutes** delivered parkour/dance workshops related to the production at a local school over the course of 6 weeks during the summer of 2023. Less formal site-specific performances were devised and presented at Nettlecombe Court as part of the Exmoor Festival of Nature in May 2024, providing an opportunity for some of the charity’s youngest attendees (aged 6 to 10) to perform for the first time. Inclusive weekly Academy sessions offering high quality education in the performing arts were delivered in two locations in West Somerset, Porlock and Old Cleeve, welcoming over 60 children and young people. For exceptionally talented youngsters aged 13+, the charity expanded its Young Associates Programme designed to “super-charge” futures by co-creating bespoke packages of support in the performing arts. Since July 2024, 13 Young Associates have been enrolled, 7 more than the original 6 anticipated. The charity developed a highly successful, nationally recognised partnership with Somerset Wildlife Trust, designed to empower a group of local young people to take creative, authentic action in relation to the climate and environmental crisis. The group, **While We Still Can** , came up with the idea of an unorthodox pop-up shop for Porlock High Street called **Down To Zero** , which opened for 6 weeks successfully exchanging single-use plastics for 350 pledges to make behavioural change. Our weekly Open Practice dance sessions for adults in Porlock Village Hall have become an important fixture of village life for many. Community engagement was driven via the charity’s HQ on Porlock High Street, which offered an open door and resources to families, businesses and local organisations. In a village with a population of 1,400, we welcomed an average of 60 visitors/month. Our HQ housed community-led initiatives such as a weekly art club, book club, music club, women’s circle, creative workshops and script read-throughs. We provided community |||organisations and events with expertise and
equipment, such as the Village Fete, Late Night
Shopping,Traders of Porlock etc.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have referred to the guidance
issued by the Charity Commission on public
benefit when reviewing our aims and
objectives, and in planning our future
activities.| |**Additional information (optional)**
You may choose to include further statements where relevant about:||| ||SORP reference|| |Policy on grant making|Para 1.38|Not applicable.| |Policy on social investment
including program related
investment|Para 1.38|Not applicable.| |Contribution made by
volunteers|Para 1.38|The charity has developed its volunteer
programme to welcome 5 regular volunteers.
Activities undertaken include stewarding at
performances, acting as chaperones for young
performers, assisting with event planning,
supporting marketing initiatives, and
organising fundraising events.
We estimate our volunteers contributed
approximately 100 hours during the reporting
period, alongside sourcing donations of props,
equipment and office furniture.| |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|The charity achieved national acclaim for its duet**4**
**Minutes**, championing the explosive talent and lived
experiences of two 17-year-old boys from our West
Somerset Academies, both of whom were
intrinsically involved in creating the production.
After premiering for local audiences at East Quay in
Watchet in 2023, the performance gained
momentum, culminating in an invitation to the
prestigious Greenwich & Docklands International
Festival (GDIF) in September 2023. This marked an
important milestone for the company and wider
dance sector, as the boys became the youngest
performers to participate professionally in the
festival, breaking the glass ceiling for young artists to
be seen and treated as professionals.
_“The production was immensely powerful, receiving_
_extensive positive feedback from programmers,_
_producers and Festival audiences. Stacked Wonky and_
_its young artists are advocates for excellence and_
_originality.”_
_Bradley Hemmings MBE, Artistic Director, GDIF_
The performance delivered high-quality artistic
experiences to local audiences in Somerset and
Devon. It has also made visible career pathways for
other local, aspiring young artists.
Through partnerships with GDIF, Strike A Light in
Gloucester and Out There Arts in Great Yarmouth, all
leaders in the field of outdoor arts, the boys'
achievements also spotlighted the artistic excellence
emerging from rural West Somerset, raising
awareness of the region’s creative contributions.
For the two teenage boys involved, the journey has
been life changing. Both are neurodivergent and had
to overcome personal challenges related to ADHD
and high sensitivity, thereby demonstrating
neurodiversity might not be a bar to artistic success.
_“Everyone deserves a Stacked Wonky in their life.”_
_Stuart Pelling, aged 17_
The success of**You Don’t Know Either**, the
production devised by an 18-year-old director as part
of a Sadler’s Wells national choreographic
programme called**Making Moves**_,_signified another
keyachievement for the charity. It wasperformed by| 14 dancers, aged 10 to 16, supported by two designers, aged 14 and 16. Despite being the only production in the programme with a young director, it was selected from 48 groups across the country to represent the South West on Sadler’s Wells main stage in July 2024 alongside 8 other groups. This wonderful achievement led to a huge undertaking: the charity was committed to getting all 17 young people, access support workers and family members to London for 3 days to rehearse and perform. It constituted an opportunity of a lifetime for many, some of whom had never been to London before, let alone performed on the biggest dance stage in Europe. For our young director, it marked a critical moment of self-belief in his journey to take up a place studying Drama and Film at Kent University. _“It’s honestly been amazing. I’ve gained a massive amount of confidence! When my group did their performance, the amount of pride, energy and excitement I had at the end was immeasurable.” Benjamin Johnson, aged 18_ The project also galvanised and diversified our fundraising capability: we set up a crowdfunding appeal for the first time to raise money to support travel, accommodation and staff time. We hit and surpassed our target of £5,000 within just 5 days, thereby discovering new supporters. Once again, 5 of those in the group were neurodivergent. As an organisation, we have gained valuable insights into supporting young artists with additional access needs, and have applied these learnings to make performance opportunities and educational programmes increasingly inclusive. **Academies** Our Academies went from strength to strength. They serve any young person wishing to cross our path, from coastal and inland communities from Porlock to Bridgwater, as well as along the A358 corridor and into Exmoor. Sharing our performing arts learning has remained in high demand, with an average of 60 children and young people, aged 6 to 18, attending weekly sessions at our Old Cleeve and Porlock Academies. Of these youngsters, 25% are aged 13+, most of whom have been engaged with us for over three years, allowing us to closely track and support their development. We have a particular focus on reaching hard-to-reach communities, with over 50% of participants being boys, who often struggle with traditional school structures and academic expectations. Additionally, around 30% of participants self-define as neurodivergent, reflecting our commitment to inclusivity and tailored support for those with different learning and social needs. Within each Academy, we have created a nurturing environment, empowering each individual to recognise and deploy their unique talent. This often leads to personal growth, a strong sense of artistic relatedness, and ultimately connection with one another, audiences and community. We often say our young people defy expectations! _“Stacked Wonky is an amazing creative space for quirky young minds.” Luca Gasperini, aged 13_ **Young Associates** Our Young Associates programme has been expanded to provide tailored support to 13 dancers, directors, designers, musicians and filmmakers aged 13+. Through Hinkley Point C (HPC) funding, we have co-created personalised development plans for each by listening to aspirations, organising professional work experiences, hands-on training, performance opportunities and access to professional mentors. Key outcomes included: - **Ernie** became the first ever dancer from Somerset to successfully audition for the National Youth Dance Company. He also was awarded the Pride of Somerset Youth Award for Arts & Culture – both achievements were a source of great pride and aspiration for his Stacked Wonky peers. - ● **Stuart** , another young dancer, successfully acquired a grant from Somerset Community Foundation to further his parkour training and buy valuable equipment. - ● **Arthur** and **Isaac** received one-to-one lighting design mentorship and were given the autonomy to make critical lighting decisions for **You Don’t Know Either** at Sadler’s Wells. ● **Mia** became a costume design assistant for Stacked Wonky’s next production, **Are You Here For The Meeting** , having struggled with social anxiety and isolation. She is now an integral part of our design team. ● Work experience and workshop opportunities were secured with partner organisations such as Tacchi-Morris Arts Centre, Taunton Brewhouse, and Pavilion Dance South West. ● Key relationships were built and knowledge shared with local careers advisers in schools unable to provide specialist performing arts insight and guidance for students. We attended West Somerset College’s Careers Fair in March 2024 and were the only artsbased organisation in attendance. The success of these Young Associates has inspired the wider Academy community, with the message that all participants can become change-makers. As a result, we have doubled our Academy Assistant positions, creating more opportunities for young people to step into leadership roles. Overall, our efforts have made visible the potential of young West Somerset creatives and highlighted the challenges they face in accessing equal opportunities in the arts compared to other fields, such as STEM. **While We Still Can** In partnership with Somerset Wildlife Trust, Stacked Wonky has empowered young people to take creative action against climate and ecological destruction through the project **While We Still Can** . This dynamic group of 8 to 18-year-olds, supported by experts, was encouraged to devise a personal, authentic response to an issue of their choice. In November 2023, the group launched their first initiative, a pop-up shop called **Down To Zero** on Porlock High Street. Rather than selling items, the shop displayed 350 pieces of single-use plastic donated by locals. Visitors were encouraged to make personal pledges to reduce plastic use, with one piece of plastic removed for every pledge. After six weeks, on the very last day of opening (Christmas Late Night Shopping) the group achieved its goal of receiving 350 pledges, making the shop "plastic free". 350 signified just over half the households in Porlock, a vital tipping point in terms of a majority committing to behavioural change. The project went viral! It received coverage via BBC radio and local newspapers and had thousands of views online. It created an influential talking place in the village to air views and worries about the climate crisis. Meaningful partnerships were built with local organisations such as Plastic Free Exmoor, Repair Cafes, and Our Precious Earth, a shop selling sustainable goods in Minehead – the project directed over 60 customers there via one of its pledges. Currently, the project is being celebrated as an example of best practice for youth-led creative activism. Having been evaluated by research fellows at Exeter University, a playbook for the project has been distributed via the Wildlife Trust and National Trust. Needless to say, the group has grown in stature, confidence and ambition. _“Stacked Wonky has been like the soil for us to grow in.” Joshi Newberry, aged 14_ **Stacked Wonky HQ** We are humbled and proud of the way in which our HQ has ignited ideas and been appropriated by our community. It acts as a vibrant hub for those interested in the arts, spawning various initiatives such as a weekly group for local artists to share practice, and a women’s circle offering peer-led support. We regularly lend equipment and pre-loved instruments to organisations and individuals. We have spent considerable time upskilling those working in other organisations, such as the Parish Council, Traders of Porlock, and a local community agriculture scheme, in relation to event planning, safeguarding and fundraising. We remain deeply committed to the community we serve. ## **Additional information (optional)** You may choose to include further statements where relevant about: ||Achievements against
objectives set|Para 1.41|● Presentation of 3 dance theatre
productions both locally and nationally
– being able to tour these to other
parts of the UK and perform at venues
such as Sadler’s Wells surpassed all
objectives set.
● Enabling at least 20 young performers,
musicians and designers to take part in
professional productions – again, this
number surpassed our objectives given
the unprecedented success of**4**
**Minutes**and**You Don’t Know Either**.
● Additional funding from Somerset
Community Foundation focused on
access support, enabled us to expand
provision for those with learning and
social needs to the extent that at least| |---|---|---|---| |||40% of those attending our Academies
as of July 2024 were neurodivergent or
have an acute learning need (up from
30%).
● Increased use of our HQ – including at
least 5 newly formed creative/support
groups and engagement with 10 other
community organisations seeking one-
off use or requesting support or
expertise.
● Unexpected diversification of funding
via crowdfunding related to the
**Making Moves**performance in London
increased our donor base and ability to
raise funds via Gift Aid.| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|•
Academies have become financially
sustainable and viable through a mixed
model of fees raised and grants.
•
Increased revenue for touring
productions from programmers from
50% to 80% of total costs.
•
Increased funding pledged by HPC
Community Fund for our Young
Associates programme due to
exceptional outcomes achieved.
•
Successfully applied for commissioning
funds to create a new work,**Are You**
**Here For The Meeting**, which included
a first successful bid to Arts Council
England.
•
HQ and operational costs increasingly
met via grant funding with the aim we
might fully meet this cost by December
2024.
•
Diversifying income streams to include
new funders, commissions,
crowdfunding and donations etc –
revenue generated from
donations/other trading activities rose
from 12% to 21% of total income.| |Investment performance
against objectives|Para 1.41|Not applicable.| |Other||| ## **Financial Review** Review of the charity’s financial position at the end of the period Para 1.21 The charity’s financial position is stable. Its unrestricted funds are similar to last year. We have a large volume of restricted funding as |||grants for the development, rehearsal and
performance of**Are You Here For The**
**Meeting?**arrived not long before the financial
year end.
Generally, in a difficult funding environment,
we have been successful at raising funds and
have diversified our income streams.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held often in relation to grants or
commissions yet to be spent on projects.
Unrestricted reserves provide us with a buffer
allowing us to maintain our HQ presence on
Porlock High Street. They also allow us to
support the administration of Stacked Wonky.
Funders have been willing to support our
various projects, but finding funding for core
costs remains challenging.| |Amount of reserves held|Para 1.22|The charity had reserves of £38,482, of which
£4,000 were unrestricted.
£34,482 were designated to be spent on
projects such as**Are You Here For The**
**Meeting?**or**While We Still Can**by end March
2025.| |Reasons for holding zero
reserves|Para 1.22|Not applicable.| |Details of fund materially in
deficit|Para 1.24|Not applicable.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity’s main sources of funding are the
grants and commissions applied for (79%),
alongside fees charged for Academies (13%).
Donations and other fundraising accounted for
8% of income. Our main funders were Arts
Council England, HPC Community Fund,
Somerset Community Foundation, The Fairfield
Charitable Trust, Clark Foundation and
Somerset Wildlife Trust.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Not applicable.| |A description of the principal
risks facing the charity|Para 1.46|Like most small charities, funding the core
costs of running the organisation is the most
difficult challenge we face, and thus is our
biggest risk.| To mitigate this, we are now employing an arts sector accountant, and we hope to be eligible for Theatre Tax Relief for some of our performance projects in future. All of the fundraising activity rests on the shoulders of our Artistic Director, taking her away from her main role of developing new projects, training young performers and working with our community. We are actively seeking a new Trustee with an interest and expertise in fundraising. Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Articles of Association| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The organisation is a charitable company
limited by guarantee, incorporated on 26 May
2021 and registered as a charity on 17 May
2023.| |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|In selecting individuals for appointment as
Trustees, the Trustees have regard to the skills,
knowledge and experience needed for the
effective administration of the Charity.
Recruitment is undertaken by advertising
Trustee vacancies locally and nationally,
supported by an open and inclusive selection
process undertaken bycurrent Trustees.| ## **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 has adopted a “Trustee Induction
Checklist and Timeline” for the induction and
training of new Trustees.
This covers issues such as organisational
overview, strategic planning, governance and
legal responsibilities (including policies),
financial overview, board operations, charity
culture and values, training and
resources/support.
The charity works closely with Spark Somerset
to access requisite training and networking
opportunities for Trustees.
A training review for Trustees is conducted
annually.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity’s artistic, educational and
community engagement strategy is delivered
by the Artistic Director, Sarah Shorten.
The Artistic Director is responsible for the day-
to-day running of operations and the HQ
supported by a Project and Engagement Lead,
Angela Newbold.
Responsibility for contracting and managing
freelance artists is delegated to the Artistic
Director.
Artistic and project-led decisions are taken by
the Artistic Director in conjunction with the
Project and Engagement Lead and project
teams. The Artistic Director confers with| |||Trustees where support is needed regarding
safeguarding, financial and operational issues.
Business planning and devising a fundraising
strategy is undertaken by Trustees supported
by the Artistic Director.
The Artistic Director is remunerated on a
project-by-project basis. All other
responsibilities are undertaken on a voluntary
basis.
The Artistic Director’s remuneration is
benchmarked by Trustees with regard to
Equity guidelines.
All freelance artist/personnel assignments and
rates of pay follow Equity guidelines.
The charity is a member of One Dance UK and
supported by Spark Somerset. Both
organisations provide guidance regarding
financial governance, operating policies, best
practice etc.| |---|---|---| |Relationship with any related
parties|Para 1.51|Not applicable.| |Other||| ## **Reference and Administrative details** |Charityname|Stacked WonkyFoundation Limited| |---|---| |Other name the charityuses|Stacked Wonky| |Registered charitynumber|1203106| |Charity’s principal address|1, Lowerbourne House High Street, Porlock, Minehead, England,
TA24 8PT| ||| ## **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of**
**person (or**
**body)**
**entitled to**
**appoint**
**trustee (if**
**any)**| |---|---|---|---|---| ||Penelope Jane Kelham|Chair||| ||Ian Kelham|Treasurer||| ||David Edward Shorten|||| 4 Jane Elizabeth Allsopp 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable. held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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 adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---|---| ||||| ||||| ||||| ||||| ||**Name of chief executive or names of senior staff members (Optional information)**||| ||**Artistic Director:**Sarah Shorten||| ## **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** **----- Start of picture text -----**
Signature(s)
Full name(s) Penelope Jane Kelham
Position (eg Chair
Secretary, Chair, etc)
Date
19.04.2025
**----- End of picture text -----**
**Charity Registration No. 1203106** **Company Registration No. 13422054 (England and Wales)** **STACKED WONKY FOUNDATION LTD** **ANNUAL REPORT AND UNAUDITED** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 JULY 2024** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Dr Jane Allsopp| |---|---| ||Maya Clayden| ||Dr Ian Kelham| ||Penelope Kelham (Chair)| ||David Shorten| |**Secretary**|Angela Newbold| |**Charity number**|1203106| |**Company number**|13422054| |**Principal address**|1 Lowerbourne House, High Street| ||Porlock, Minehead, TA24 8PT| |**Registered office**|1 Lowerbourne House, High Street| ||Porlock, Minehead, TA24 8PT| |**Independent examiner**|J Harris, ACMA,| ||CGMA, MA, FRSA| ||Suite LP61812, 20| ||Wenlock Road,| ||London N1 7GU| |**Bankers**|HSBC UK PLC| ## **CONTENTS** ||**Page**|| |---|---|---| |Trustees' report||1| |Independent examiner's report||4| |Statement of financial activities||5| |Balance sheet||6| |Notes to the financial statements||8| ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 July 2024** The Trustees present their report and financial statements for the year ended 31 July 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, the Companies Act 2006 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's objects are specifically restricted to the following: For the public benefit, the promotion of the performing arts, in particular but not exclusively by: (a) the presentation of site-specific dance productions; (b) facilitating and providing opportunities for people to participate in site-specific dance theatre workshops and performances; (c) promoting public education in the performing arts; and (d) enabling and encouraging the use of art and performing art skills in community engagement activities. The Trustees note a further successful year in the furtherance of the Objectives and have made a full report to the Charity Commission which can be viewed in the Commission's public record. ## **Statement of Trustees' responsibilities** The Trustees, who are also the directors of the charity for the purpose of company law, 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). Company Law requires the Trustees to 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 charitable company 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 Companies Act 2006. 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 a. Governing Document: Stacked Wonky Foundation is a company limited by guarantee governed by its Memorandum and Articles of Association. b. The Charity functions at our registered office as well as in public places, schools and theatres across the UK. c. Appointment of trustees: As set out in the Articles of Association, the chair of the trustees is nominated by vote of the trustees. Trustees are nominated by any members and elected by a vote of the Trustees at the AGM and serve for three years. All members are circulated with invitations to nominate trustees prior to the AGM advising them of the retiring trustees and requesting nominations for the AGM. d. Trustee Induction and Training: New trustees undergo orientation to brief them on their legal obligations under charity and company law, the Charity Commission guidance on public benefit, content of the Memorandum and Articles of Association, the business plan, and recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. e. Organisation: The board of trustees administers the Charity. The day-to-day running of the company is managed by a small professional staff. f. Accounting is managed by the 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 charity's Reserves policy is presently subject to regular review by the Trustees. At year end, there was a surplus in the reserves of £38,482 of which £4,000 were unrestricted funds. c. Detailed cash flow projections and line-item expenditures are kept at all times of all transactions. d. Trustees review and approve all accounting documents produced by staff. f. The Trustees are responsible for preparing the Trustees' Annual Report. g. Accountants are engaged to independently review and examine accounts at year end. 2 Public benefit statement The Trustees have made a full statement about public benefit to the Charity Commission and this can be viewed in the Commission's public record. The Trustees have approved this report. P Kelham Trustee 8 April 2025 3 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STACKED WONKY FOUNDATION** I report to the Trustees on my examination of the financial statements of Stacked Wonky Foundation for the year ended 31 July 2024. ## **Responsibilities and basis of report** As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I confirm that I am qualified to undertake the examination because I am a member of CIMA, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for 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). 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 financial statements to be reached. J Harris ACMA, CGMA, MA, FRSA Dated: 8 April 2025 4 ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2024** ||||**Unrestricted**
**funds**|
**Restricted**
**funds**||**Total**|Unrestricted
funds||Restricted
funds||Total| |---|---|---|---|---|---|---|---|---|---|---|---| ||||**2024**|**2024**||**2024**|2023||2023||2023| |**Notes**||**£**||**£**|**£**||**£**|**£**||**£**|| |**Income and endowments from:**|||||||||||| |Donations and legacies|||6,376|0||6,376|0||0||0| |Charitable activities|||0|63,338||63,338|0||0||0| |Other trading activities|||10,416|0||10,416|7,556||54,736||62,292| |Investments|||0|0||0|0||0||0| |Other income|||318|0||318|0||0||0| |**Total income**|||17,110|63,338||80,448|7,556||54,736||62,292| |**Expenditure on:**|||||||||||| |**Charitable activities**|**3**||17,110|42,431||59,541|3,556||43,442||46,998| |**Net income/(expenditure)**|||||||||||| |**for the year/**|||||||||||| |**Net movement in funds**|||**0**|**20,907**||**20,907**|**4,000**||**11,294**||**15,294**| |Fund balances at 1 Aug|||||||||||| |2023 (2022)|||4,000|13,575||17,575|0||2,281||2,281| |**Fund balances at 31**|||||||||||| |**July 2024 (2023)**|||**4,000**|**34,482**||**38,482**|**4,000**||**13,575**||**17,575**| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 5 **BALANCE SHEET as at 31 July 2024** |**Notes**
**Fixed assets**
Tangible assets
**6**
**Current assets**
Debtors
**7**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**8**
Net current assets/(liabilities)
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**9**
**Other long-term liabilities**
**11**
**Net assets/(liabilities)**
**Income funds**
Unrestricted funds
**10**
Restricted funds|**2024**
**£**
**£**
0
1,183
38,136
39,319
-837
38,482
38,482
0
0
38,482
4,000
34,482
38,482|**2023**
**£**
**£**
0
0
18,325
18,325
-750
17,575
17,575
0
0
17,575
4,000
13,575
17,575|**2023**
**£**
**£**
0
0
18,325
18,325
-750
17,575
17,575
0
0
17,575
4,000
13,575
17,575| |---|---|---|---| ||||| ||||17,575
0
0| ||||17,575| ||||4,000
13,575| ||||17,575| 6 BALANCE SHEET (CONTINUED) AS AT 31 JULY 2024 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2024. The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 8 April 2025. .............................. P Kelham **Trustee** **Company Registration No. 13422054** 7 **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024** ## **1 Accounting policies** ## **Charity information** Stacked Wonky Foundation Ltdis a private company limited by guarantee incorporated in England and Wales. The registered office is at 1 Lowerbourne House, High Street, Porlock, Minehead, TA24 8PT. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 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 a mounts 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. The Charity seeks to benefit from investment income where cashflow permits. 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. 8 **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED** **31 JULY 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 20% reducing balance Motor vehicles 20% reducing balance 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 charitable company is exempt from corporation tax because all its income is charitable and is applied for charitable purposes. 9 **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 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 ## **3 Charitable activities** |**3 Charitable activities**|||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||||**2024**|**2023**|| ||||||||**£**|**£**|| |Production costs|||||||10,207|15,017|| |Freelance fees|||||||27,410|20,567|| |Other costs|||||||11,485|2,280|| ||||||||49,102|37,864|| |Share of support costs (see note 4)|||||||10,189|9,134|| |Share of governance costs (see note||4)|||||250|0|| ||||||||59,541|46,998|| |**Analysis by fund**|||||||||| |Unrestricted funds|||||||17,110|3,556|| |Restricted funds|||||||42,431|43,442|| ||||||||59,541|46,998|| |**4 Support costs**|||||||||| ||**Support**||**Governance**||**2024**||**2023**||**Basis of**| ||**costs**||**costs**||||||**allocation**| ||**£**||**£**|**£**||**£**|||| |Depreciation||0|||0||0||| |Office costs|9,604||||9,604||8,549||Support| |Travel|510||||510||510||Support| |Bank charges|75||||75||75||Support| |Independent examination|||250||250||0||Governance| |Analysed between|10,189||250||10,439||9,134||| |Charitable activities|10,189||250||10,439||9,134||| Governance costs include payments to the Independent Examiner of £250 10 **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024** ## **5 Trustees** Trustees' remuneration for the year was £0 (2022: £0). No Trustee was paid to act as a Trustee. |**6 Debtors**
**Notes**
**Amounts falling due within one year:**
Trade Debtors
Other Debtors
**7 Creditors: amounts falling due within one year**
Trade creditors
**8 Analysis of net assets between funds**
Fund balances at 30 June 2024 are represented
by:
Tangible assets
Current assets/(liabilities)
Long term liabilities|**2024**
**£**
0
1,183
1,183
**Notes**
**General fund**
**£**
0
4,000
0
4,000|**2023**
**£**
-
-
0
**2024**
**2023**
**£**
**£**
837
750| |---|---|---| |||837
750| |||**Restricted**
**Total**
**fund**
**£**
**£**
0
0
34,482
38,482
0
0| |||34,482
38,482| ## **9 Employees** During the year the average number of employees was 0 (2023: 0). ## **10 Limited by guarantee** The charitable company is constituted as a company limited by guarantee. In the event of winding up the liability of the guarantors is limited to £1 each. 11 ## **Stacked Wonky Foundation Ltd** Registered Charity No. 1203106 ## **Unaudited Receipts and Payments Account** 17 May 2023 to 31 July 2023 Accountants: Accounting4Actors Ltd ## **CHARITY INFORMATION** Trustees Dr Jane Allsopp Maya Clayden Dr Ian Kelham Penelope Kelham (Chair) David Shorten Charitable status A charitable company - registered as a company in England company no. 13422054 Charity no. 1203106 Address 1 Lowerbourne House, High Street Porlock, Minehead, TA24 8PT Accountants Accounting4Actors Ltd Jon Harris, ACMA, CGMA, MA, FRSA Suite LP61812, 20 Wenlock Road, London N1 7GU Bankers HSBC UK ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STACKED WONKY FOUNDATION LTD** I report to the Trustees on my examination of the financial records of Stacked Wonky Foundation in the period 17 May to 31 July 2023. ## **Responsibilities and basis of report** As the Trustees of the charity you are responsible for the preparation of the records in accordance with the relevant legislation. Having satisfied myself that the financial statements of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I confirm that I am qualified to undertake the examination because I am a member of CIMA, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1.accounting records were not kept in respect of the charity as required; or 2.the financial statements do not accord with those records; or 3.the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts 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 financial statements to be reached. Jon Harris, ACMA, CGMA, MA (Cantab.), FRSA Suite LP61812, 20 Wenlock Road, London N1 7GU 31 March 2025 ## **STACKED WONKY FOUNDATION LTD** ## 17 May to 31 July 2023 |**Summary of Receipts and Payments**
Note
1
**RECEIPTS**
Donations
Grants
Sales
Sundry income
**PAYMENTS**
Staff costs
Rent and utilities
Artist fees and production costs
Sundry expenses
**Surplus of Receipts over Payments**|**In The Period**
£
3,200
9,675
2,272
712
15,859
2,100
1,331
7,905
426
11,762
**4,097**| |---|---| ## As at 31 July 2023 |**Statement of Assets and Liabilities**
Current Assets
Cash at bank
Current liabilities
**TOTAL ASSETS**
Reserves
brought forward from 2022
2
Surplus in the year
3
**RESERVES CARRIED FORWARD**|**2023**| |---|---| ||18,325
-750
**17,575**| ||2,281
15,294| ||**17,575**| ## **Notes to the Receipts and Payments Account** 1 A Receipts and Payments account has been drawn up for this period because it is the period in which the Charity became a registered Charity although it filed accounts as a Charitable company limited by Guarantee at Companies House (company number 13422054) for the whole year including that part of the year in which it was not yet a Registered Charity. The Commissioners require this Receipts and Payments account in specific relation to the part of the Company's year in which it was a Charity. From 1 August 2023 the company files a regular year as a Charitable company in accordance with SORP and FRS102. 2 As stated in the Charitable company accounts as at 31 July 2023 3 This is the surplus for the whole year as stated in the Charitable company accounts to 31 July 2023 The surplus for the part of the year analysed in this account was £4,097 as stated.