REEL CREATIVE (CIO)
Charity number: 1204624 Annual Report and Accounts For the year ended 31 March 2025
Contents
-
Trustees’ Annual Report
-
Receipts & Payments Accounts
-
Notes to the Accounts
-
Bank Reconciliation Note
-
Restricted Funds Note
-
Trustee Approval and Signature
1. Trustees’ Annual Report
1.1 Administrative Details
Charity name: REEL Creative (CIO) Charity number: 1204624
Principal address: 28 South Lane, Hessle. HU13 0RR
Trustees during the year:
-
Amelia Rose Budworth
-
Jessica Mary Storch
-
Hannah Rose Brown
1.2 Structure, Governance and Management
REEL Creative is a Charitable Incorporated Organisation (CIO), governed by its constitution dated 7 September 2023. Trustees are appointed according to the procedures set out in
‑ the constitution. The charity is supported by volunteers and self employed creative practitioners who deliver workshops and community projects.
1.3 Objectives and Activities
The charity’s objects are to advance education and promote the arts for the benefit of the public, particularly through creative digital media, filmmaking, and community arts engagement. Activities include workshops, digital inclusion programmes, and communityled creative initiatives.
A public benefit statement is included in accordance with Charity Commission guidance and the trustees confirm they have complied with their duty under section 17 of the Charities Act 2011.
1.4 Achievements and Performance
During the year the charity delivered a range of creative media workshops, supported digital inclusion initiatives, and collaborated with community partners to deliver filmmaking and storytelling activities. The trustees are pleased with the reach and engagement achieved despite financial pressures.
1.5 Financial Review
Total income for the year was £15,703, made up of £7,203 from workshops and services and £8,500 of restricted grant income. Total expenditure was £23,884. This higher level of ‑ spending reflects the planned delivery of a multi period digital inclusion and filmmaking project, for which £17,560 of restricted funding had been received in the previous financial year. During 2024–25 the charity used £18,014 of restricted funds towards this work, leaving £8,046 of restricted funds to carry forward at the year end. Unrestricted expenditure of £5,870 was met from available unrestricted income. The trustees consider the charity to be in a stable financial position, with restricted funds fully committed to project delivery in 2025–26 and modest unrestricted reserves retained for day‑to‑day activity.
1.6 Reserves Policy
The trustees aim to maintain modest unrestricted reserves sufficient to manage cashflow and meet essential operational commitments. At year end unrestricted reserves were £4,832.55.
1.7 Plans for Future Periods
The charity intends to complete delivery of the digital inclusion project during 2025–26 and continue developing partnerships, workshops, and creative opportunities for communities.
1.8 Trustee Responsibilities
The trustees are responsible for keeping proper accounting records, safeguarding the assets of the charity, and preparing an Annual Report and Accounts that comply with the Charities Act 2011.
2. Receipts & Payments Accounts
For the year ended 31 March 2025
2.1 Statement of Receipts
| Receipts | Unrestricted (£) | Restricted (£) | Total (£) |
|---|---|---|---|
| Workshops & | 7,203.01 | – | 7,203.01 |
| services | |||
| Grants received | – | 8,500.00 | 8,500.00 |
| Total receipts | 7,203.01 | 8,500.00 | 15,703.01 |
2.2 Statement of Payments
| Payments | Total (£) |
|---|---|
| Insurance | 926.55 |
| Staffing & workshops | 9,170.65 |
| Consumables | 1,285.33 |
| Bid writing | 600.00 |
| Equipment | 7,544.58 |
| Studio rental | 2,880.00 |
| Workshop food | 953.91 |
| DBS | 129.60 |
| Subscriptions & fees | 393.57 |
Payments Total (£) Total payments 23,884.19
2.3 Statement of Assets and Liabilities
Assets at 31 March 2025 Amount (£)
| Assets at 31 March 2025 | Amount (£) |
|---|---|
| Cash at bank – Unrestricted | 4,832.55 |
| Cash at bank – Restricted | 8,046.27 |
| Total cash at bank | 12,878.82 |
The charity had no other significant assets or liabilities at year end.
3. Notes to the Accounts
3.1 Basis of Accounting
These accounts have been prepared on a receipts and payments basis in accordance with section 133 of the Charities Act 2011.
3.2 Restricted Funds
Restricted income relates to grant funding awarded for specific project delivery. Unspent balances are carried forward and applied solely for the purposes for which they were given.
3.3 Trustees’ Remuneration and Benefits
No trustee received any remuneration or benefits during the year. No expenses were claimed.
3.4 Employees
The charity had no employees during the year. All workshop leaders and facilitators were ‑ engaged on a self employed basis.
3.5 Bank Reconciliation Note
The opening bank balance at 1 April 2024 was £21,060.00. Total receipts during the year amounted to £15,703.01 and total payments amounted to £23,884.19, resulting in a closing balance of £12,878.82. This agrees to the balance shown on the 31 March 2025 bank statement. Of the closing balance, £8,046.27 relates to restricted funds and £4,832.55 to unrestricted funds.
4. Restricted Funds Note
| Restricted Fund | Opening (£) | Income (£) | Expenditure (£) | Closing (£) |
|---|---|---|---|---|
| Project grants | 17,560.00 | 8,500.00 | (18,013.73) | 8,046.27 |
The charity received restricted funding of £17,560 in the previous year to support delivery of a multi‑period digital inclusion and filmmaking project. Additional restricted income of £8,500 was received in 2024–25. Expenditure of £18,013.73 was applied to the project during the year. Remaining restricted funds of £8,046.27 are committed to project delivery in 2025–26.
5. Trustee Approval and Signature
These Annual Report and Accounts were approved by the trustees on 08/12/2025.
Signed on behalf of the trustees:
Trustee – Amelia Rose Budworth
Date: 08/12/2025
Trustee – Jessica Mary Storch
Date: 08/12/2025