**Charity registration number 328476** 

**Company registration number 02348556 (England and Wales)** 

## **Mind The Gap** 

**Annual Report And Financial Statements For The Year Ended 31 March 2024** 



## **MIND THE GAP** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

|**Trustees**|J Whaley||
|---|---|---|
||L Carter|(Co Chair)|
||E Gee|(Co Chair)|
||J Haines|(Resigned 23 August 2024)|
||L Jones||
||R Mason||
||R Walker|(Resigned 18 September 2024)|
||J Coulthard||
||K Mir|(Resigned 7 October 2024)|
||S Khadim||
|**Secretary**|J Skelton||
|**Charity number**|328476||
|**Company number**|02348556||
|**Registered office**|Mind the Gap Studios||
||Silk Warehouse||
||Patent Street||
||Bradford||
||BD9 4SA||
|**Auditor**|Azets Audit Services Limited||
||12 King Street||
||Leeds||
||LS1 2HL||
|**Bankers**|Lloyds Bank Plc||
||45 Hustlergate||
||Bradford||
||BD1 1NT||





MIND THE GAP
CONTENTS
Page
Trustees, report
Statement of Trustees, responsibilities
12
Independent auditorfs report
13-15
Statement of financial activities
16
Balance sheet
17
statement of cash flows
18
Notes to the financial statements
19-32

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also Directors for the purposes of company law, present their annual report together with
the financial statements for the year ended 31 March 2024 which are also prepared to meet the requirements for
a Directors, report and accounts for Companies Act purposes. 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).
The Legal and Administrative infomiation page fomis part of this Trustees, report.
Objectives and activities
Mind the Gap is England's largest leaming disability and autism focused arts charity. We work locally, regionally,
nationally and internationally to further the charity's aims.
In this past year we undertook a review of ourvision, Mission and Values. This involved learning disabled and
autistic artists, staff and freelance colleagues, and the Board. The culmination ofthese discussions is a refreshed
way of expressing what we do. and why and how we do it..
Vision
We want to live in a world where learning disabled and autistic people are seen, heard and represented
everywhere. Where leaming disabled and autistic voices lead the way in building a more inclusive world.
Mission
We use art to shift power away from where it's been for t¢)0 long.
We test new creative ways of working that get rid of barriers and ￿lebrate people for who they are.
We find power in peoples, stories.
We make new narratives that challenge ideas about who gets to do vthat.
We reframed the company's values, restating our focus on being Creative. Inclusive, Collaborative and
Welcoming. Our discussions reviewed how Mind the Gap affects change in society, and we captured this in new
values. These state our commitment to operate in ways that promote Alyship be￿een leaming disabled and
non-disabled people, are Activist in non-partisan ways, and afvrfays remaining open to Learning.
These updated Vision, Mission and Values w￿11 underpin Mind the Gap's approach. Our main areas of operation
remain unchanged in the short and medium term.
Mind the Gap will continue to deliver a wide-ranging programme that embraces three key activity areas..
Perfonnance & Live Art." creating bold, cutting edge, worfd-class perfomiance and live art events and
experiences. Our approach puts leaming disabled and autistic artists at the heart of the artistic process=
as perfomiers and creatives, and in the making. devising and delivery stages.
Talent Development.. Alongside our artistic projects and productions we run our acclaimed Academy
which, through a programme of different courses. nurtures and develops the talents and skills of
leaming-disabled creatives.
Leadership & Change: Integral to the company's approach is collaboration and working in partnership
with other organisations so that there is a more indusive and accessible creative sector in which
learning disabled and autistic artists can thrive. Our expanding Engagement programme, particulatly
focused on local communities, will play an important role in this objective over the next three years and
beyond.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
These three key activity areas are inextricably linked and interdependent, with each strengthening and
supporting the other.
Mind the Gap Studios in Manningham. Bradford, provides the company with high quality equipment and fully
accessible facilities that are the physical hub of the organisation's operation. This is a key strength, providing
excellent, accessible facilities through which to demonstrate the company's principles and practice.
The artistic programme evolves year on year, with a continuous focus on opportunities to develop new work. and
at the same time refreshing existing work for new audiences and contexts.
The aims, objectives and activities of the charity are reviewed annually by trustees and staff. and achievements
and learning are assessed and evaluated. This helps infomi fvture plans. IM)en reviewing the aims and
objectives of the charity, and in planning future activities. the trustees have complied with the duty in section 17
of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
Overview & highlights of the year
In 2023124 Mind the Gap was able to retum to more typical ways of working following several years that saw the
arts and wider society severely impacted by the Covid pandemic.
It must be noted that the effects of the pandemic remain widespread and significant. For Mind the Gap, this is
particularly evident in fierce competition for increasingly wrce financial resources, the financial pressures facing
local authorities that in turn impact leaming disabled and autistic people in widespread ways, and more evidence
of mental and physical health difficulties among our nthorks.
In spite of these pressures Mind the Gap enjoyed another creatively successful and active year.
Highlights of the year:
Perfomiance & Live Art:
Using our climate action research developed over several years, we created a new small-scale touring show
called Birdie. Aimed at younger children and families the piece is a non-verbal movement piece led by Artistic
Director Joyce Nga Yu Lee with Movement Director Karen Bartholomew, and music composed by Jez Colbome.
It incorporates an ingenious moving cart set created by our design partners Eye of the Newt, and is delivered by
three performers. The piece explores the impact of climate change on central character Birdie (Charlotte Jonesl
and the relationship she forms with traveller Homie {Lorraine Brown) and calls for positive action to protect our
wildlife and planet. The show is supported by a third character (Alan Clay) who performs and animates the multi-
functioning cart that forms the backdrop and houses props and costumes.
Birdie was enjoyed by 2,000+ people through 26 perfomiances at 13 locations including several in Bradford to
reach local audiences.
Mind the Gap artists also took part in Bradford's annual Lantem Parade led by locally based puppetry company
Cecil Green Arts. We created a short performance piece that was performed several times as part of the lead up
to the main parade. An estimated 1500 encountered the piece as part of the event.
Talent Development:
Our Academy programme continues to develop and support skills development of aspiring and experienced
learning disabled and autistic people. Across the seven different programmes. plus ourArtists' Continuous
Professional Development activity, 117 individuals participated regularty over the year.
To celebrate the talents of these hard-working students Mind the Gap presents annual showcases focused on
Performance Academy and One-Day courses. Enthusiastic audien￿$ composed of family, friends and
stakeholders enjoy these events.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
We continued to support our core team of learning disabled and autisticArb'sts in their professional development
work, including supporting individuals to apply for project ￿ndIng through Arts Council England, Bradford
Producing Hub and Unlimited. We are delighted that JoAnne Haines (Dancing wth Colours), Jez Colbome
(Lighthouse project), Charlotte Jones & Lorraine Brown (Knotted), and Alan Clay (In Mind) are among those with
projects in active development.
Leadership & Change:
In 2023124 Mind the Gap was fortunate to secure a PioneerAward of £50,000 through the Arts Council England
co-funded initiative The Leap. This has enabled us to consolidate the creative engagement work we've been
doing with local people and partners through a sustained programme of activity that responds to local
communities, needs and interests.
This investment from The Leap also provided vital match funding that enabled Mind the Gap to secure a
substantial National Lottery Reaching Communities grant spanning three years from February 2024. After a
lengthy application process we were delighted to be awarded £318,000 for a programme of activity, events and
partnership working that will lay firm foundations for ground-breaking collaborative local work. Thanks to several
key local partnerships including Bradford Stronger Together parents. network, disability sector neighbours
Equality Together, and local hubs including Fardiffe Family Centre we are excrted about the potential to create
real and lasting change locally.
Slightly further afield our successful collaborative relationship with York St John Universty IYSJU) has been
strengthened this year. Led by Professor Matthew Reason Director of the Institute for Social Justice YSJU was
successful in securing an Arts & Humanities Research Council grant to explore Identify, Representation and
Voice through a project called I'm Me. Seven national learning disability and autism focused organisations are
involved. Mind the Gap is fortunate to be a lead partner, and ourArtists have worked with Matthew and his team
including illustrator Brian Haruey to make three 'Doodle Books" that support creative thinking. As part of this
project Mind the Gap will play a key role in curating and producing a Festival in June 2025 that will present the
culmination of the I'm Me research. This will take the fo￿ of performances, exhibitions and presentations
created by the participating partners in response to the research findings.
Nationally, Mind the Gap has been part of the Collaborative Touring Ne￿Ork this year. We were part of a network
of seven organisations, led by Square Chapel Arts Centre in Halifax. We hosted the latest production by the
brilliant Tourettes Hero, and enjoyed working wth ccFArtistic Director Jess Thom including wider discussions
about disability rights and activism. We also supported local disabled artist Maggie Morris who created a platform
perfornian￿ as part of the hosted event.
Intemationally, we participated in regular online discussions with European colleagues working in the leaming
disability and autism arts arena. We continue to look for collaboration and presentation opportunities. Next year,
we will work with Poland's Teatr 21 to share skills and ccFcreate a choreography project funded by the British
Council.
Returning to local interests, Mind the Gap continues to be part of the Consortium group that oversees Bradford
Creative People & Places project The Leap. We also continue to be involved with Bradford Producing Hub as an
active project partner, including collaborating with them to deliver part of their Empowered programme for local
artists.
We are excited that Bradford is UK City of Culture 2025 and look fomard to being part of the celebrations.
We thank all our investors for continuing to back the company and our work. This includes Arts Council England,
Bradford MD Council, Calderdale Council and other local authorities, The Leap, The National Lottery Reaching
Communities and York St John University (thanks toArts & Humanities Research Council investment).

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENTS AND PERFORMANCE
Impacts 2023124
Mind the Gap has continued to gather data so that we can evidence our achievements and impacts. This
includes capturing audience figures and profile information. gathering information about participants, and inviting
feedback through surveys and social media.
This year we have recorded the following..
Performance and Live Arts- including digital broadcast and online dissemination:
"Really fun and enjoyable. Loved the music, the perfon￿an￿$ and the humour."
Audience member
Birdie a national touring production reaching audiences of 2,000+ people at 13 locations across
England, approx. 500/0 of whom were Bradford local attenders.
Lantern parade performance was part of a major event in Lister Park, Manningham reaching an
estimated 1,500 people, mostly children and families from the local area.
Alongside production activity this year we have begun exploring the potential of collaborating with brilliant Lung
theatre company, who make work based on true stories wth national impact. We deepend our relationship
through research and development collaboration in 2023124. INe hope this will culminate in co-production in
2026.
Talent Development through pKfG Academy:
"What I like about going to Mind the Gap is that I can leam new things at ease and a good pace. Classes a
always fun and we leam a lot because it is not boring ordull. Everyone is very friendly and if we do have a
problem there is someone always there to go to.
Mind the Gap Academy Student
Seven different courses fomi the MTG Academy programme. induding the 4day Performance Academy
course, partner courses led by Totally Inclusive People, and a Youth Academy scheme run in partnership
with Bradford's Specialist Indusion Project.
Our student cohort 2023124 numbered 104 individuals, induding our new Calderdale satellite course.
who participated with us between one and five days each week, over 35 weeks.
The programme numbered 1.140 sessions, and delivered 13,000 attendances.
Additionally, we supported our Artists, ensemble wth continuous professional development training
through 264 sessions delivering 4,700 attendances.
Showcase events enabled family and friends to celebrate students, achievements and successes in July
2024.
Leadership & Change through collaborative working:
°My daughter has had the most enriching expellen￿ at her Saturday gmup. She leaves the sessions
very happy, relaxed and more confident. It is clear when she is with you she is totally at ease,
empowered to be herself and open to new friends and leaming. We know this is due to you lovely staff
and voluntee￿, you all personrfy the very essence of celebration of dive￿ty. Thank you for your support,
encouragement, compassion, Unde￿tandIng and care."
pa￿nt of Youth Academy participant
Through our creative engagement programme we've worked regularly with 30 young leaming disabled
and autistic people, and launched a new Saturday moming activity which is proving popular and
successful.
We've got a growing nthork of strong partnerships through our engagement programme., currently nine
active partnerships are helping drive our plans forward.
We hosted a very successful Vlfinter Social film and social event wth City of Sanctuary, and plan to run
at least more community events in 2024125.
In the year we hosted 10 local and national artists. either as part of our Open Space initiative or events.
We worked with Bradford Producing Hub to deliver training for disabled artists.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Fundraising activities
Building on previous years Mind the Gap's income generation and fundraising strategy has focused on attracting
investment from several key stakeholders. These include Arts Council England, Local Authorities like Bradford,
Calderdale and Leeds. a collaboration with The Leap. and securing funding for a 3-year programme called My
Creative Local through The National Lottery Reaching Communities fvnd.
It has been evident this year that grant makers and donors are facing immense demand for their resources.
Funders have reported that they are experiencing unprecedented demand. with one recently saying in a rejection
email that they have seen a 3,0000/o increase in applications. Additionally, while some funders {e.g. local
authorities) are applying inflationary increases to some areas of income, this is not keeping pace with rapidly
rising costs e.g. salaries and overheads.
This makes for a challenging economic climate, and creates Un￿rtaInty for the future. Vbfvile Mind the Gap
remains optimistic our high quality work wll attract investment, we are planning for the future with some
additional caution around income targets and success rates. As we report later under Plans for the Future the
company will be restructuring in 2024125. and as part of this aims to reduce salary overhead expenditure.
Arts Council England (ACE) provided core investment via the National Portfolio Programme (NPO} of £310,864,
approximately +£60,000 on previous year thanks to an uplift for Mind the Gap for 2023-2026. Mind the Gap also
manages programme funds and employs staff for theArts Council England Creative People & Places project The
Leap. Bradford MD Council invested around £61,500 in our work through the Arts Investment Programme and
other project grants- which while valued and essential. is significantly less than 2022123 and previous years.
We have continued to deepen our working relationship viith York St John University, including their pioneering
Institute for Social Justice. We are delighted that the Arts & Humanities Research Council have agreed to invest
in our partnership project I'm Me, led by Professor Matthew Reason, Direclor of the University s Institute. This
flagship project developing ground-breaking methodologies in leaming disability inclusive research project
started in May 2023 and will run over 26 months, yielding approx. £100,000 investment in Mind the Gap's
elements of the project, of the total project grant £468,000.
We have invested unrestricted reserves in the development of local creative engagement work, to strengthen our
community focused work and positioning for future funding and collaboration opportunities.
Mind the Gap is grateful to all its investors- large and small - for their support this year.
Fundraising in the current climate continues to be challenging. While Mind the Gap's successful track record puts
the charity in a strong position to attract investment. we know compets'tion for scarce reSoUr￿S will be fierce in
the coming year and beyond.
England's theatre sector continues to adjust following the impacts of the pandemic. We know that like Mind the
Gap colleagues in venues and other touring companies are having to negotiate very difficult conditions, which
hampers long-term decision-making.
As one of Bradford's longest established and largest arts organisations, we aim to play a big role in the District's
UK City of Culture celebrations in 2025. 2023124 has been an important year to lay the groundwork, and we hope
that the Bradford 2025 team will commit to investing in our offer in autumn 2024.
Despite the new challenges for international collaboration caused by Brexit, Mind the Gap continues to foster
European connections and opportunities through the informal Crossing the Line Network, which we have helped
develop since 2010.
Our successful Academy programme generates substantial income through the fees paid by participants through
Individual Budgets and Direct Payments. We need cross-subsidy in addition to fees income to develop and
thrive. We know that adult social care budgets are already under extreme pressures so we will need to work
collaboratively with local authority partners and other investors to ensure our work remains relevant, impactful
and sustainable.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
We have successfully increased eamed income this year from services, training and partnerships compared to
previous year, but we are not yet at pre-pandemic levels. We hope that 2024125 will improve the market
conditions will improve so Mind the Gap can maximise retum from its knowledge and expertise.
Mind the Gap does not hold material investments.
Mind the Gap occasionally seeks and receives individual donations to support our work, usually through project
campaigns, and our ongoing individual giving programme. We strive to achieve the highest standard fundraising
standards and value our supportive funders and donors. We stay up to date with charity regulations, data
protection and the Fundraising Preference SetN1￿ (FPS) to make sure we are legally compliant and adhering to
all guidelines and best practice.
Financial review
The charity manages a complex financial portfolio of grants, commissions, donations and eamed income in order
to deliver its artistic programme and meet its chantable objectives. The company works to a written business plan
spanning three years that is updated annually.
The company's Business Plan is underpinned by 3 financial aims=
Income directly benefits MTG artistic programme. goals and audiences.
Making strong and sustainable relationships vlith stakeholders from diverse sources.. public, lottery,
private, corporate and individual sectors.
3. Reducing reliance on ad-hoc funding by generating sustainable income streams and longer-term
investment by stakeholders.
Mind the Gap's main sources of income are". Arts Council England (ACE) National Portfolio Organisation (NPO)
and earned income through MTG Academy services.
Mind the Gap is also eligible for and has daimed rebate income totalling £39.500 through HMRC'S Theatre Tax
Relief scheme.
The charity has suc￿SsfUllY negotiated this year's many financial challenges, remaining financially sustainable,
and sowing seeds for investment towards future activities.
The Statement of Financial Activities shows net movement in funds for the year of £144,886 {2023.' outgoing
£140,260) and total reserves of £622.139 (2023.. £477.253).
The trustees have established a written Reserves Policy to ensure the stability of the mission, programmes,
employment and ongoing operations of the charity. The tsrget minimum reserves policy is equal to Ihree-months
average operating costs. The Reserve Policy value indudes all recurring, predictable expenses such as salaries
and benefits, core artists. administration and overheads. ongoing professional services.
The Reserves target is cU￿entlY £160,000. The trustees refer to this as the Board Designated Operating
Reserve.
The free reserves at 31 March 2024 were £359.641 (2023: £386,201) which is currently above this amount

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
PLANS FOR FUTURE PERIODS
Mind the Gap looks forward to another busy and productive year in 2024125. Currently, our priorities include..
We will remount Birdie for national touring. and tske our family friendly dimate action show to festivals.
arts venues and schools across England.
As we look towards UK City of Culture 2025, Mind the Gap has been successful in securing a Research
and Development Commission. This will enable us to advan￿ our plans to create a new show exploring
identity, representation and Vol￿ of leaming disabled and autistic people. We hope this will lead to our
project being greenlit to go fO￿ard as part of the BD25 artistic programme.
We will continue our research collaboration with York St John University called I'm Me. Working with six
partners across the UK we will work towards a Festival presentation in June 2025.
We will continue to discuss a joint project wth our fn'ends at verbatim theatre specialists LUNG - and
hope that this will culminate in a new Cowproduction for 2026.
Our creative engagement activities will be progressed through our Leap collaboration project Activate,
and our Reaching Communities funded programme My Creative Local. We will continue to build local
partnerships and use the arts to explore and find solutions to issues that are important and pressing for
families living with learning disability- This will indude further development of our Youth Academy, and
connecting our engagement activity with creative plans for Bradford 2025.
Our thriving Academy will continue to offer a varied programme of different offers for aspiring leaming
disabled and aulistic adults. In 2024125 our first cohorl of Perfomiance Academy programme students
will graduate with a formal qualification at Certificate of Education Level 4. thanks to our validation
partnership with York St John University. A new cohort will start their thre&year Performance Academy
journey, the only course at this level in the UK.
We will continue to support our ensemble of leaming disabled and autistic Artists, creating performance,
devising, engagement, independent project and skills development opportunities to meet individuals,
goals and the objectives of the charity.
In 2024125 the Consortium arrangements for The Leap project wll change, and Mind the Gap will no
longer be the employer or distributor of programme funds. We expect to continue to be an active
collaborator and part of The Leap project ne￿ork, but may step down from the Consortium group.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
The charity is constituted as a company limited by guarantee. and is therefore governed by a Memorandum and
Articles of Association.
All the directors of the company are also trustees of the charity. and there are no other trustees. The trustees
who served during the year are set out on the Legal and Administration infomiation page. In accordance with the
Articles of Association one third of the twstees will retire by rotstion at the annual general meeting, and where
eligible, may offer themselves for re-election.
Ten directors served for all or part of the year on the Board, bringing a wide range of skills and expertise
including knowledge of finance, business development, marketing and social services sectors as well as creative
arts, equalities, diversity & indusion.
Executive Director Julia Skelton MBE is appointed by the Board as chief executive officer to manage Mind the
Gap's operation and the smooth-running of the company. Senior management roles ensure that artistic
programme, Academy and creative engagement work are all overseen by qualified personnel. The line
management structure identifies clear lines of responsibility to other members staff including the Management
Team and learning-disabled company members.
In 2024125 the charity will see some significant changes in the staff structure at Mind the Gap.
Julia Skelton and Joyce Nga Yu Lee have made separate decisions to leave their roles of Executive Director and
Artistic Director after 27 and 14 years respectively. They will step down from these roles in mid-November to
pursue new ventures. but wll continue to be available to Mind the Gap on a freelance and part-time basis.
This is part of an amicable succession plan led by the senior management team and Board, with support from
independent advisors and key stakeholders.
As part of this succession planning process Mind the Gap has undertaken a very detailed analysis of company
needs and explored different ways about how best to meet them. The Board considered several key factors
alongside deciding the best model for the fvture, including using ￿rrent staff skills and experience, protecting
incumbent staff jobs l avoiding redundancies as far as possible. and priorities for future work.
After looking at different options, the Board decided to pursue a new c¢>leadership model drawing on the skills,
knowledge and expertise of existing senior staff. This is based on two new full-time roles of Creative Director and
Executive Producer working in collaboration.
The Board has led an intemal recruitment process inviting existing senior staff to put themselves forward for
these roles, and undertaking a presentstion and Q&A interview process.
As a culmination of this process we are delighted to confirm that Charli Ward (currently Academy Director} will
take up the new post of Creative Director, working in collaboration with Maria Thelwell (currently Head of
Engagement) as Executive Producer. Lesley Davis will continue in the role of Finance Manager, and provide
continuity in financial management.
Charli and Maria are both experts in learning-disability and autism indusive practice.
Through this new co-leadership model the company wll strengthen the systems and support for learning-
disabled and autistic artists to sit at the heart of Mind the Gap's creative vision and decision-making processes.
There will be some other adjustments and job opportunities to account for these changes to enable smooth
running and business continuity.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustee Induction and Training
New directors are recruited through open recruitment, networking and invitation. and are elected at Board
meetings in accordance with the charity's Memorandum and Articles ofAssociation. There is a comprehensive
induction prO￿sS and written information for new members. Training is provided where required.
All trustees give their time voluntarily. Any expenses redaimed by twstees from the charity are set out in note 9
to the accounts.
Organisational structure
The Board meets five times each year to review the work of the company, discuss relevant issues and agree
action for the next phase. Stsff members and leaming-disabled representatives from supported employment and
training programmes make reports to the Directors to inform decision-making processes. The Board entrusts
senior staff with responsibility to ensure that decisions are implemented, and directors (particularly the Co-
Chairs) provide support, advice and direction as required belween meetings.
The Co-chair arrangements have been embedded since 2022123, with the positions currently held by Lynne
Carter and Emma Gee. The charity continues to review and develop its ways of working to be accessible and
inclusive for people from different backgrounds. Our current Priority is to effectively embed our new board
members, and continue to grow our team to indude new people V￿th different expertise and lived experiences.
Three action groups support the work of the Board, made up of Trustees and relevant staff members, including
learning disabled and autistic team members.
The Money & Partners Action Group meets 2-3 times each year alongside regular Ordinary Meetings. This group
scrutinises the ongoing financial health of the organisation. tests financial assumptions and monitors the
relationship between income and expenditure. Members provide support and ideas to ensure the charity's
fundraising strategy is robust and viable.
The People & Home Action Group meets 2-3 times each year providing practical support and advice on key
issues relating to people and resource matters. It reviews key policies including Health & Safety, Safeguarding
and Equal Opportunities, as well as providing support and scrutiny on specific HR issues.
The Art, Audiences & Reputation Action Group is now in its third year of operation. This creates space for Board
members to contribute to discussions and decisions relating to artistic policy. Working with the Creative Director
and members of the Artists, ensemble this new group will help shape future artistic programme plans.
This action-group structure helps to ensure that all directors are able to use their expertise and knowledge to
support the work of the charity. They are supported by input from time to time by COvOPted strategic advisors.
Mind the Gap is committed to supporting individual artists to pursue their own artistic goals, as well as performing
in productions created by the company. We continue to involve learning-disabled company members in decision-
making and planning as well as delivery through regular meetings, discussions, and representation as officers at
Board meetings.
We continue to develop our volunteer network and are currently supported by a team of around 6 active
volunteers. Mind the Gap is grateful to all volunteers for the skills and support they so willingly bring to the
charity.
The company also commissions additional artists and ProdU￿rS to maintain and strengthen the company's
reputation for creating bold, innovative and exciting work. We continue to grow our ne￿Ork of Associate Artists,
both learning-disabled and non-leaming-disabled, to ensure that the company remains at the forefront of
pioneering artistic practice.

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Pay policy for senior staff
The pay of the charity's key personnel is reviewed annually.
Up to 2023124 Mind the Gap voluntarily aligned its salary review policy and practice with the grading scale of the
National Joint Council {NJC). However, it was not financially prudent for the charity to maintain strict adherence
to this, because of rapid and significant rises in wages inflation. So, while NJC grading scale rates were adopted,
this was not implemented until De￿mber 2023, rather than at the start of the financial year in April.
The Money & Partners Action Group have met and undertaken a delailed review of salary policy, and the Board
has agreed that from 2024125 Mind the Gap will decouple from the NJC grading scale.
In future, any decisions about salary increases for senior and other staff will be made based on prevailing market
conditions and affordability. Board and senior staff will take into account extemal indicators like the Retail Prices
Index (RPI) and bench-mark company wages wth charities of a similar size and activity. This will ensure that the
remuneration is fair and in line with what is generally paid for similar roles. This wll enable the Board to agree
any pay increases at the start of the financial year.
Risk Management
The directors actively review the financial risks that the charity faces annually at the regular ordinary meetings
and the SU￿groups, meetings, including the ongoing and future funding of the organisation. Awritten Risk
Register documenl that summarises key risks is regularly reviewed by the Executive Director and updated
annually by the Money & PartnersAction Group.
Key risks include..
UK'S theatre sector remains in a financially fragile state. vthich is creating uncertainties around
programming, funding and staffing models. This means medium and long-term planning is more
challenging, as venues and touring companies endeavour to remain solvent, and anticipate future
trends.
Local authorities face extreme financial pressures. and there is a threat that some areas of work
including arts and culture investment may be redU￿d or cut, so that funds can be deployed in other
essential seNices. This means ourAcademy and creative engagement activities will need to attract and
support those who may be at particular risk of being marginalised from mainstream activities. Making the
case for cross subsidy investment to support the core functions of the Charity (overhead staff, space,
running costs) is essential for the programmes to run sustainably.
The fundraising environment is extremely competitive wth many organisations competing for scarce
resources. Future investment strategy ￿ll11 need to negotiate this context. Mind the Gap will continue to
adapt and flex its programme plans to meet changing needs and demands.
Staff and Board member chum creates the risk that company kno￿edge and expertise is lost. and it
may be challenging to replace outgoing staff and board members. The Charity will remain proactive in
Board recruitment and development, and ensure all staff work to clear job descriptions to enable Mind
the Gap to transition smoothly iflwhen Board Trustees or key staff choose to leave.
The directors confirm that they have developed systems to monitor and control these risks, and one of the
functions of the Action Groups is to provide scrutiny and support around any issues that might arise.
Funds Held as Custodian Trustee
In 2023-24, Mind the Gap acted as Custodian Trustee for fvnding awards to support artistic activities for learning
disabled artists. This included income from Arts Council England (ACE), and Bradford Producing Hub (clo
University of Bradford). The artists for whom the charity acted as Custodian Trustee in the year were.. Alan Clay
(DYCP- My Next Stepl, JoAnne Haines (Make Work-your Idea Your Way), Jez Colbome (DYCP- Lighthouse
Project) and Paul Bates (DYCP- Judgement). The total value of the income on these awards in the year was
£31,283 (2023.. £65,571) and the total amount held for these awards at the year end was £15.27912023'.
£46,562). The safe custody and segregation of this income and the relevant expenditure was achieved by
creating a separate 'class' {project) in the computerised book-keeping system so that all income and expenditure
can be clearly accounted for and audited.
10-

MIND THE GAP
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Disclosure of infomiation to auditor
Each of the Trustees has confirmed that there is no infonnation of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confimied that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such information.
Auditors
In accordance with the company's articles, a resolution proposing that Azets Audit Services Limited be
reappointed as auditor of the company will be put at a General Meeting.
Small company rules
This report has been prepared in accordan￿ with the special provisions of Part 15 of the Companies Act 2006
relating to small companies. It was approved by the Board of Trustees and signed on its behalf by..
LA
L Carter
C￿chaIr of Trustees
Dated:0911012024
11

MIND THE GAP
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also the directors of Mind the Gap 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 Practi￿}.
Company Law requires the Trustees to prepare finanaal statements for each financial year which give a true and
fair view of the slate of affairs of the charity and of the incoming reSoUr￿S and application of resources, including
the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Twstees are required to..
select suitable accounting policies and then apply them consistently-
obseNe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity
11 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.
12-

MIND THE GAP
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MIND THE GAP
Opinion
We have audited the financial statements of Mind the Gap (the 'charity') for the year ended 31 March 2024 which
comprise the statement of financial activities, the balan￿ sheet. the statement of cash flows and the notes to the
financial statements, including a summary of significant accounting policies. The financial reporting framework that
has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting standa￿ applicable in the UK and Republic of I￿land
{United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements-
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its income
and expenditure, for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKI) and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is suffiaent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have conduded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going
concem for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees wth respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information induded in the annual report other than the financial statements
and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other infomiation and, except to the extent
otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Our
responsibility is to read the other infomiation and, in doing so. consider whether the other infomiation is materially
inconsistent with the financial statements or our kno￿edge obtained in the Course of the audit, or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial statements themselves. If.
based on the work we have perfomed, we conclude that there is a material misstatement of this other infomation,
we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Trustees, report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent wth the
financial statements., and
the directors, report included Trmthin the Trustees, report has been prepared in accordance wth applicable legal
requirements.
13-

MIND THE GAP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MIND THE GAP
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the
audit, we have not identified material misststements in the directors, report included within the Trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion-
adequate accounting records have not been kept. or returns adequate for our audit have not been re￿iVed
from branches not visited by us- or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosures of trustees. remuneration specified by law are not made" or
we have not received all the infom)ation and explanations we require for our audit., or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies. exemptions in preparing the Trustees, report and from the
requirement to prepare a strategic report.
Responsibilities of Trustees for the financial statements
As explained more fully in the statement of Trustees, responsibilities, the Trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view. and for such internal control as the Trustees determine is necessary to
enable the preparation of financial statements that are free from malerial misstalement, whether due to fraud or
error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concem and using the going
concem basis of accounting unless the Trustees either intend to liquidate the Charitable company or to cease
operations, or have no realistic altemative but to do so.
Auditorfs responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
th ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
14-

MIND THE GAP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MIND THE GAP
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance wth laws and regulations. We design procedures in
line with our responsibilities, outlined above and on the Financial Reporting Council's website, to deted material
misstatements in respect of irregularities, including fraud.
We obtain and updale our understanding of the entity, its activities, its control environment, and likely future
developments, including in relation to the legal and regulatory framework applicable and how the entity is complying
th that framework. Based on this understanding. we identify and assess the risks of material misstatement of the
financial statements, whether due to fraud or error, design and perform audit procedures responsive lo those risks,
and obtain audit eviden￿ that is sufficient and appropriate to provide a basis for our opinion. This includes
consideration of the risk of acts by the entity that were contrary to applicable laws and regulations. including fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed
procedures which included..
Enquiry of management and those charged with govemance around actual and potential litigation and
claims as well as actual. suspected and alleged fraud-
Reviewing minutes of meetings of those charged wth governance.,
Assessing the extent of Complian￿ with the laws and regulations considered to have a direct material
effect on the financial statements or the operations of the company through enquiry and inspection..
Reviewing financial statement disclosures and testing to supporting documentstion to assess compliance
with applicable laws and regulations.,
Performing audit work over the risk of management bias and override of controls, including testing of
journal entries and other adjustments for appropriateness, evaluating the business rationale of significant
transactions outside the normal course of business and reviewng accounting estimates for indicators of
potential bias.,
Performing audit work over the timing and recognition of income and in particular whether it has been
recorded in the correct accounting period.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases
the more that compliance wth a law or regulation is removed from the events and transactions reflected in the
financial statements, as we will be less likely to become aware of instan￿5 of non-compliance. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentstions, or the override of intemal control.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditorfs report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable
company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we
have formed.
Jesiic67 La￿le0Ce
Jessica Lawrence (Senior Statutory Auditor)
for and on behalf of Azets Audit Services Limited
0911012024
Chartered Accountants
ststutory Auditor
12 King Street
Leeds
LS12HL
15-

MIND THE GAP
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
Total
Total
2024
2023
Notes
Income and endowments from:
Donations and non-performan￿ grants
Charitsble activities
Investments
other income
14,959
940,037
8,327
116,184
14,959
1.827,942
8,327
116,184
28.233
1,335.834
1.829
73,889
887.905
Total income
1,079,507
887,905
1,967,412
1,439,785
enditure on:
Charitable activities
1,116,398
706,126
1,822,524
1,579,955
Net incomingl(outgoing) for the year
(36,891)
181,779
144,888
{140,170)
Other recognised gains and losses
other gains or losses
12
(2)
(2)
(90)
Net movement in funds
(36,893)
181,779
144,886
(140,260)
Fund balan￿S at 1 April 2023
412,832
64,421
477,253
617,513
Fund balances at 31 March 2024
375,939
246,200
622,139
477,253
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
The statement of financial activities indudes all gains and losses recognised in the year.
The notes on pages 19 - 32 form part of these financial statemens.
A fully detailed Statement of Financial Activities for the year ending 31 March 2023 is shown at note 22.
All income and expenditure derive from continuing activities.
16-

MIND THE GAP
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
13
16.298
27.017
Current assets
Debtors
Cash at bank and in hand
14
121,744
628,682
134,417
476,011
750,426
610,428
Creditors: amounts falling due within
one year
15
(144.585)
1160.192)
Net current assets
605.841
450.236
Total assets less current liabilities
622.139
477.253
Funds of the charity
Restricted funds
Unrestricted funds
19
246,200
375,939
64,421
412,832
622,139
477,253
The directors acknowledge their responsibilities for complying wth the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
These financial statements are prepared in accordance wth the special provisions of Part 15 of the Companies Act
relating to small companies and constitute the annual accounts required by the CompaniesAct 2006 and are for the
circulation to members of the Company. They were approved by the board of Trustees on 091.1012024..................
and signed on its behalf by..
LAGk
L Carter
Co-chair
Company Registration No. 02348556
17-

MIND THE GAP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flov￿ from operating activities
Cash generated froml(absorbed by)
operations
21
145,794
(175,0231
Investing activities
Purchase of tangible fixed assets
Proceeds on disposal of tangible fixed
assets
Investment income received
{1,450)
(13,504)
2,894
1,829
8.327
Net cash generated froml(used in)
investing activities
6,877
(8,7811
Net increasel(decrease) in cash and cash
equivalents
152.671
(183,8041
Cash and cash equivalents at beginning of year
476,011
659,815
Cash and cash equivalents at end of year
628,682
476,011
18-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
The principal accounting policies adopted. judgements and key sources of estimation uncertainty
in the preparation of the financial statements are as follows..
Charity infomiation
Mind the Gap is a private company limited by guarantee incorporated in England and Wales. The registered
office is Mind the Gap Studios, Silk Vl*arehouse, Patent Street, Bradford, BD9 4SA.
Each member of the Company has undertaken to contribute such amount as may be required not exceeding
£1 to the assets of the charitable company in the event of its being wound up while helshellhey are a
member. or within one year after helshelthey cease to be a member.
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 financial ststements are prepared in sterling. which is the ￿nCtIOnal currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under Ihe historical cost convention, modified to include certain
financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concem
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specifi¢ Conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entided to it after any performance conditions have been met,
the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid is recognised at the time of the donation.
Govemment and other grants are recognised in fijll in the statement of financial activities in the period in
which they are receivable.
19-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make payment to a third paty, it
is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings=
Charitable expenditure.. comprises those costs incurred by the charty in the deliverance of its activities and
services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those
costs of an indirect nature necessary to support them.
Support Costs.. are those functions that assist the work of the charity but do not directly undertake charitable
activities. Support costs include back office costs, finance, personnel, payroll and governance costs which
support the Trust's activities. These costs have been allocated be￿een cost of raising funds and expenditure
on charitable activities. The basis on which support costs have been allocated are set out in note 8.
All costs are allocated be￿een the expenditure categories of the SOFA on a basis designed to reflect the use
of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an
appropriate basis as set out in notes 7 and 8.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequerrtly measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases=
Fixtures and fittings
Computers
250A Reducing balance or 250A straight line
330h Reducing balance or 33Vo Straight line
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale
proceeds and the carrying value of the asset. and is recognised in the statement of financial activities.
Individual fixed assets costing £500 or more are capitalised.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call wth 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.
-20-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continued)
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Sedion 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assels and liabilities are offset, wth the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a finanang transaction, where the transaction is
measured at the present value of the future receipts di$￿Unted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Impainnent of financial assets
Financial assets, other than those held at fair value through income and expenditure, are assessed for
indicators of impairment at each reporting date. Financial assets are impaired where there is objective
evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset,
the estimated future cash flows have been affected.
If an asset is impaired, the impaimient loss is the difference be￿een the carrying amount and the present
value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss
is recognised in net in¢omel(expenditure) for the year.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was
recognised, the impairment is reversed. The reversal is such that the current ¢arying amount does not
exceed what the carrying amount would have been, had the impaimient not previously been recognised. The
impairment reversal is recognised in net incomel(expenditure) for the year.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or
are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of
ownership to another entity, or if some significant risks and rewards of ownership are retained but control of
the asset has transferred to another paty that is able to sell the asset in its entirety to an unrelated third party.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or sepiices that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction pri￿ and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised vthen the charity's contractual obligations expire or are discharged or
cancelled.
21

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continued)
1.10 Taxation
The charitable company is considered to pass the tests set OLrt in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore meets the definition of a charitable company for UK corporation tax purposes. Accordingly,
the company is potentially exempt from taxation in respect of income or capital gains received wthin
categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of
Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable
purposes.
The charity benefits significantly from Theatre Tax Credit taxation reliefs based on the eligible production
costs incurred. The calculation of the tax credit involves significant uncertainties and it is not possible to apply
a reasonable point estimate based on historic agreements Trmth tax authorities. Therefore the Trustees do not
recognise any potential tax rebate on an accruals basis and instead recognise the rebate on a cash received
basis.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide temiination benefits.
1.12 Retirement benefits
Payments to defined contribution rets"rement benefit schemes are charged as an expense as they fall due.
1.13 Leases
Rentals payable under operating leases, induding any lease incentives re￿ived, are charged as an expense
on a straight line basis over the temi of the relevant lease.
1.14 Custodian Funds
Funds held by the charity as a custodian trustee are excluded from the income and expenditure of the charity
and the balance held recognised as a liability wthin the financial statements.
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.
The Trustees are of the opinion that there are no estimates and assumptions that have a significant risk of
causing a material adjustment to the carying amount of assets and liabilities.

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donations and non-perforniance grants
Unrestricted Restricted
funds
funds
Total Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Donations
14.959
14.959
28,233
28,233
14.959
14.959
28,233
28,233
The Charity benefits greatly from the involvement and enthusiastic support of a number of volunteers, details
of which are given in our annual report. In accordance with FRS102 the economic contribution of volunteers is
not recognised in the accounts.
-23-

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MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
8,327
1,829
Other income
Unrestricted Restricted
funds
funds
Totsl Unrestricted Restricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Net gain on disposal of
tangible fixed assets
Other income
2,894
70.995
2.894
70.995
116.184
116.184
116,184
116.184
73,889
73.889
Other income indudes £39,842 (2023.. £40,810) relating to Theatre Tax Relief claims.
Charitable activities
2024
2023
staff costs
Depreciation
Direct production costs
Premises costs and insuran
General administration
Travel, accommodation and subsistence
Marketing
Artists and freelance costs
LEAP Award payments
Venue hire
822,836
12,169
33,094
60,268
45,631
31,755
61,491
131,596
476,074
689,025
12,441
49,347
61,381
33,271
42,332
29,294
160,893
353,558
8,073
1.674,914 1,439.615
Share of support costs (see note 8)
Share of governan￿ costs (see note 8)
138,260
9,350
131,340
9,000
Total expenditure on charitable activities
1,822,524
1,579,955
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MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance Total 2024
costs
costs
2024
2024
Support Governance Total 2023
costs
costs
2023
2023
staff costs
Premises costs and
insurance
General administration
Professional fees
Bank charges
Audit fees
Accountancy
101,005
101,005
81,160
81,160
20.089
12.768
4.040
358
20.089
12.768
4.040
358
7.250
2.100
20,460
24,792
4.540
388
20,460
24,792
4.540
388
7.000
2.000
7.250
2.100
7,000
2,000
138,260
9,350
147,610
131,340
9,000
140,340
Trustees
JoAnna Haines, a Trustee of the charity, received a salary of £2,400 for temporary employment during the
year {2023= Nil).
During the year, there were no travel expenses reimbursed to the Trustees (2023.. one Trustee was
reimbursed £470).
10 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
41
37
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
835,360
70,825
17,656
686,498
70,747
12,940
923,841
770,185
No employee eamed £60.000 or more during the year {2023: no employee).
The key management personnel of Mind the Gap are the Executive Director, Artistic Director, Academy
Director, Head of Engagement, Finan￿ Manager and Head of Creative Engagement. The total employee
benefits of the key management personnel of the charity were £196,927 (2023: £214,333).
-26-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the TaxesAct 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
12 Other gains or losses
Unrestricted Unrestricted
funds
funds
2024
2023
Foreign exchange losses
90
13 Tangible fixed assets
Fixtures and
fittings
Computers
Total
Cost
At 1 April 2023
Additions
337,929
220,133
1,450
558,062
1,450
At 31 March 2024
337,929
221,583
559,512
Depreciation and impaimient
At 1 April 2023
Depreciation charged in the year
317,499
7,872
213.546
4.297
531.045
12.169
At 31 March 2024
325,371
217.843
543.214
Carrying amount
At 31 March 2024
12,558
3,740
16,298
At 31 March 2023
20,430
6,587
27,017
14 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
55,973
65,771
58.930
75,487
121,744
134,417
-27-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Creditors: amounts falling due within one year
2024
2023
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
20,332
47,575
18,913
15,279
42,486
21.063
15.219
46.812
46,562
30,536
16
144,585
160,192
In 2023-24 Mind the Gap acted as Custodian Trustee for funding awards to support artistic activities for
learning disabled artists. This induded income from Arts Council England {ACE), and Bradford Producing Hub
(clo University of Bradford). The artists for whom the charity acted as Custodian Trustee in the year were..
Daniel Foulds {DYCP), JoAnne Haines (Make Work Your Idea Your Way) and Paul Bates (DYCP
Judgement). The total value of the income on these awards in the year was £31,283 (2023.. £65,571} and the
total amount held for these awards at the year end was £15,279 {2023. £46,562) was included within other
creditors.
16 Deferred Income
2024
2023
Brought forward
Released in the year
Deferred in the year
15,219
(15,219)
47,575
23,649
{23,649)
15,219
ca￿led forward
47,575
15.219
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MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Operating lease commitments
At the reporting end date the charity had outstanding commitments for fijture minimum lease payments under
non-cancellable operating leases. which fall due as follows=
As restated
2023
2024
Within one year
Be￿een and five years
In over five years
14,094
55,346
49,299
14,094
55,941
62,766
118,739
132,801
18 Related party transactions
Other than as listed in note 9, there are no disclosable related party transactions in the current or prior year.
-29-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Restricted funds
The income funds of the charity include restricted fvnds comprising the following unexpended balances of
donations and grants held on trust for specific purposes..
Movement in funds
Income Expenditure Balance at
1 April 2023
Movement in funds
Income Expenditure
Balance at
1 April
2022
Balance at
31 March
2024
Academy Fund
Capital assets
The LEAP
Leave the Light On For
30,000
(30,000)
2,126
(1.740)
386
101,883 421.306 (463.930) 59,259
30,000
(30,000)
(386}
743,935 {593,385} 209,809
33,265
86.925 (120.190)
Collaborative Touring
Network
Historic England
Manningham Stories
Transforming Leadership
Perform Europe
My Creative Local
Activate
I'm Me
The Clore Fellowship
3,429
3,429
8,820
(12,249)
3,500
2,098
6,032
(3.181)
(1.070)
(6.032)
319
1.028
3,500
7.552
(3.819}
(7.500}
1.080
17.292
18,529
48,277
10,000
(7.537)
(14,050)
{27,200}
(10,000}
9.755
4,479
21,077
137,274
553,290 (626.143) 64,421
887,905 (706,126)
246,200
Purposes of restricted funds:
Academy
The fund was set up in 2002103 to run the annual vocational training programme for adults with a learning
disability. In the current year it includes funding from the following source= City of Bradford Metropolitan
District Council.
Capital Assets
Mind the Gap has previously received funds to purchase capital items to further the work of the charity from
investors including Arts Council England, ERDF, ESF. the Clothworkers Foundation and the Garfield Weston
Trust. This fund represents the value of undepreciated assets.
Collaborative Touring Network
This fund was set up in 2022123 to run Mind the Gap's involvement in this national touring initiative. In this
year it includes funding from the following source.. The Old Courts (lead partner).
Manningham Stories
This fund was set up to in 2022123 to run a creative engagement project exploring hidden stories in the local
area, and to create a unique place marker to celebrate these. In this year it includes funding from the following
source.. Historic England.
-30-

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Restricted funds
{Continued)
The Leap
This fund was set up in 2020121 to record income and expenditure connected with this Consortium project, led
by Bradford Teaching Hospitals NHS Foundation Trust (the NHS Trust). The Leap project's overall budget is
managed by the NHS Trust, who receive all income on behalf of the project, including grant funds from the
majority stakeholder Arts Council England Creative People & Places programme. MTG is a Consortium
member, and the charity's responsibilities include the employment of The Leap project staff, and the
dissemination of fvnds to other organisations, as detemiined by agreed application processes and
pr0￿dUreS. The funds managed by MTG on behalf of the project as shown in these accounts have been
re￿iVed from the NHS Trust.
Transforming Leadership
This fund was set up in 2022123 to participate in a nationally significant project that aims to reshape England's
cultural leadership to include learning disabled and autistic voices. In this year it includes funding from the
following source: Access Al Areas (lead partner).
y c￿atiVe Local
This fund was set up in 2023124 to run a creative engagement programme in collaboration with local
communities and artistic partners in Manningham, Bradford. In this year it indudes ￿ndIng from the following
source.. The National Lottery Reaching Communities.
Activate
This fund was set up in 2023124 to run a creative engagement programme in collaboration with Bradford's
Creative People & Places project The Leap. This involves local communities and artistic partners in
Manningham, Bradford. In this year it indudes fvnding from the following source= The Leap PioneerAwards.
I'm Me
This fund was set up in 2023124 for an indusive research collaboration led by YSJU exploring themes of
identity, representation, and voice of LDA people
20 Analysis of net assets between funds
Unrestricted Restricted
Funds
funds
2024
2024
Total Unrestricted Restricted
Funds
funds
2023
2023
Total
2024
2023
Fund balances at 31
March 2024 are
represented by..
Tangible assets
Current assetsl{liabilities)
16,298
359.641
16,298
605.841
26,631
386,201
386
64,035
27,017
450,236
246,200
375.939
246,200
622.139
412,832
64,421
477.253
31

MIND THE GAP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Cash generated from operations
2024
2023
Surplusl(deficit) for the year
144.888
{140.170)
Adjustments for:
Investment income
Foreign exchange losses
Profit on disposal of tangible fixed assets
Depreciation of tangible fixed assets
(8,327)
(2)
{1,829)
(90)
{2,894)
12,441
12,169
Movements in working capital:
Decreasel(increasel in debtors
(Decreasellincrease in creditors
12,673
(15,607)
{47,647)
5,166
Cash generated fromllabsorbed by) operations
145.794
{175.023)
The charity had no debt during the current or prior year.
22 Comparative Statement of Financial Activities
Unrestricted Restricted
funds
funds
Total
2023
Income and endowments from:
Donations and gifts
Charitable activities
Investments
Other income
62,797
765,967
1,829
41,502
62,797
1,319,257
1,829
41,502
553,290
Total income
886,495
553,290
1,439,785
Ex
enditure on:
Charitable activities
953,812
626.143 1,579.955
Net outgoing resources
Other gains or losses
(67,317)
(90)
(72,853) {140,170)
(90)
Net movement in funds
(67,407)
(72,853) {140,260)
Fund balances at 1 April 2022
480,239
137,274
617,513
Fund balances at 31 March 2023
412,832
64,421
477,253
-32-