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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company Registration No. 01161029 (England and Wales)
Charity Registration No. 503238

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Julian Rodriguez
Emma Cheshire
Sophie Gerrard
Kevin Docherty
Sarah Evans
Usmaan Ashard
Secretary
Anne McNeill
Charity number
503238
Company number
01161029
Principal address
Centenary Square
Bradford
BD1 1SD
Registered office
Impressions Gallery
Centenary Square
Bradford
BDI 1SD
Independent examiner
Alison Whalley FCA
Azets Audit Services Ltd
Carlton House
Grammar School Street
Bradford
BD14NS
Bankers
Virgin Money
46 Coney Street
York
Y019NQ

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
CONTENTS
Page
Trustees, report
Statement of Trustees, responsibilities
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the accounts
10-23

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in accordance wth the accounting policies set out in note 1 to tFE accounts
and comply with the Charity's Memorandum and Articles of Association, Ihe 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 Legal and Administration page fom)s part of this report.
Objectives and activities
The Charity's objects are..
To further and advance photography as an art and to promote public knowledge, appreciation and
understanding thereof.,
To organise and conduct public exhibitions of photographs and photographic art and apparatus-
To acquire, collect and preserve for the public benefit examples of photography and photography
apparatus of historic and artistic interest or importance-
By means of research, instruction, infomiation advice. lectures. publications. sources of reference and
otherwise to increase and to make publicly available information conceming photography and
photographic art apparatus and history.
This is achieved through the presentation of high quality exhibitions. to offer a selection of these to other galleries
and arts organisations both nationally and intemationally, and to offer the public a range of educational events,
activities and leaming opportunities.
In setting our objectives and planning our activities our trustees have given serious consideration lo the Charity
commission's general guidance on public benefit and in particular the advancement of education, arts and
culture. and consider they comply with the duty in section 4 of the 2011 Charities Act.
The Board of Trustees take reasonable steps to ensure that Impressions Gallery operates policies thi¢h ensures
the following..
The Gallery is operating efficiently and effectively in accordan￿ with the Gallery's stated purpose and
objectives
Gallery assets are safeguarded against unauthorised use or disposition
Proper records, including financial records, are mainlained
Financial information used within the charity or for publication is reliable
The gallery complies with relevant laws and regulations
An annual budget is approved and any variance is reported and subsequently agreed
Artistic policies are approved, with key performance indicators reviewed and evaluated
Delegation of authority and segregation of duties to the director and the staff team are appropriate for
the size and nature of the organisation.
Impressions Gallery works to its Equal Opportunity Policy. this policy is supported by our EqualityAction Plan.
Impressions Gallery works to its Environmental Sustainability Policy. This policy is supported by our
Environmental Action Plan.
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of
the applicant concerned. In the event of members of stsff becoming disabled, every effort is made to ensure that
their employment within the Charity continues and that the appropriate training is arranged. It is the policy of the
Charity that the training, career development and promotion of disabled persons should, as far as possible, be
identical to that of other employees.

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
Impressions Gallery is a charity that helps people understand through photography and acts as an agent for
change. We believe pholography is for all and our mission is to get people looking, thinking, doing, and talking
about photography. We do this by collaborating with photographers. other charities, and organisations locally and
nationally to commission. exhibit and publish photography. We work in partnership to present the best of
contemporary photography to wide and culturally diverse audiences.
Our artistic, learning, engagement. audience development. community and event programmes are devised to
help people see things differently, andlor empower them to reach their potential through photography. We stage
our activities because we believe photography is for everyone and should be open to all.
The charity had another successful year attracting 17,810 visitors into the gallery, and reaching more than 1
million people through our outdoor, digital and touring programmes.
We presented four exhibitions in our main gallery spa￿, two addressed themes of cultural identity, gender, race,
and class, while one bore witness to The Holocaust. and one shone a spodight on human stories behind war.
In spring we staged Zaibunnisa {Urdu work meaning the beauty of women) an exhibition of photographs by
award winning artist Maryam Wahid who uses photography to convey her identity as a British Pakistani Muslim
woman. This emotional exhibition traced V4Èhid's joumey to her mother's childhood home in Lahore. On tour
from Midland Arts Centre
"Crying while seeing it. l am from Pakistan, just came here 3 months ago .Love everything about this exhibition."
Initiated by Sedachius Museum, Finland. and toured as a partnership with Impressions and Photo Museum,
Ireland, our summer exhibition Trish Mo￿lSseY.. Autofictions was the UK premier of Morrissey's major survey
show featuring 20 years of photography and film. Morrissey artworks use 'perfomiance and wt as tools to
investigate feminism. the exhibition brought back to the gallery Morrissey's seminal photographic series Seven
Years and Front both commissioned by Impressions in the earfy 2000s.
"One of the best imme￿1Ve art eXperien￿S I've seen here. Thanks ImpreSs￿nS for being here in the heart ol
Bradford."
Our autumn exhibition Marc Wilson's A Wounded Landscape." Bearing ￿nesS to the Holocaust. was a poignant
reminder of the atrocities committed by the Nazis and their collaborators across a vast and varied landscape.
Instigated by his own family history Wilson embarked on a profound six-year joumey from 2015 to 2021,
documenting 130 locations across 20 countries.
"Incredibly touching accounts fn)m all Ihe many people's lives here. Their stories are some that have been both
heartbreaking and inspiiing into showing the pe￿eve(a￿￿ and spirit of some people despite the tragic events
that had taken place."
In winter we launched the exhibition We Are Here. Because You Were There.. Afghan Interpreters in the UK a
collaborative project by photographer Andy Bamham and University of York researcher Dr. Sara de Jong, which
documented the experiences of Afghan interpreters who were employed by the British Amiy in Afghanistan and
resettled in the UK in 2021. This exhibition told the interpreters, experiences of employment and resettlement
through portraiture and quotes, and photographs from Afghanistan.
"A very moving exhibition, I've leamed things I didn't know beft)￿ about ￿￿nt history."

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Commissioned by Historic England and Bradford Council. Picturing Bradford was an outdoor photography
exhibition celebrating Bradford's high streets. During the summer months large-scale photographs animating the
city centre were presented on shopfronts and windows, in City Park, Kirkgate Shopping centre, Darley St and
Godwin Street. This exhibition was launched as part of the BD.'FESTIVAL weekend., with an estimated 25,000
visitors, and foolfall of 700,000 at Kirkgate Centre, Darley St and G0dV￿n St,. 300,000 at City Park for the duration
of the exhibition.
We presented four interactive 3D virtual digital exhibitions, which provided high-quality online walkthroughs of our
'real life, exhibitions. Viewed online via our website, on mobile and in virtual reality, these were accessed by
2.200+ people worldwide.
Two of our touring exhibitions travelled throughout the UK. The internationally acclaimed Our Plastic Ocean by
award-wnning Mandy Barker addressed the cu￿ent global crisis of marine plastic pollution, exhibited at
Dunfemline Carnegie Library and Galleries. Being Inbelween by photographer Carolyn Mendelsohn, a series of
powerful photographic portraits of girfs exploring the complex transition between childhood and young adulthood
was shown at Bishop Auckland Town Hall, County Durham.
This touring programme reached and engaged 14,000+ visitors, meaning that more people had the oppcrtunity
to experience high quality photography exhibitions. This helped us maintain our reputation as a centre of
excellence, beyond Yorkshire and England. Our touring portfolio supported non-specialist venues,
equipping them with contemporary photographic knowledge and expertise.
New Focus, is the charity's young people's collective consisting of talented and committed individuals, aged 18
to 25 who live in Bradford. Vmth our support eight young people who had previously little access to the arts
gained professional skills to become the creatives. artists and cultural leaders of the future. Following a series of
mentoring sessions from our curatorial team, New Focus presented Belongings photographs and stories in a
series of concertina books within a specially designed exhibition space in the gallery's bookshop. Their stories
ranged from a celebration of Northern Soul and a shared belonging to a subculture, through to honouring family
members who escaped war. This project was funded by Bradford Community SOUP and Bradford council.
People are at the heart of what we do. Wle created and delivered multiple opportunities that widened and actively
supported people, of all ages, and ￿lturallY diverse bad(grounds, to express their creativity in various ways. A
wide range of 160 events and sessions took pla￿ to accompany our exhibitions, with 2,885 children, young
people and adults taking part.
Our Look, Think, Talk & Do learning and education programme provided a year round offer of workshops and
resources to schools, colleges, universities and community groups. We worked wth 29 groups from across
Bradford, the north and the wider UK, and 582 people took parl, wth a teacher feeding back that "Many students
poinled out that they have never seen art in gallery befo￿, so our visrt has tnjly developed the Cultu￿ of our
students..
Our artistic and community programmes received positive press and reviews in local (Telegraph & Argus).,
regional (Yorkshire Post)- national rfhe Guardian) media, and specialised journals (Royal Photographic Society,
British Journal of Photography) both in print and online. This coverage converts into an equivalent advertising
spend of £35,400 which translates as a PR value of £106,200.
We continue to value greatly the year-on-year financial contribution of Arts Council England, Bradford Council
and in-kind support from Spectrum Photographic.
Fundraising
Section 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising activities.
The legislation defines fundraising as 'soliciting or otherwise procuring money or other property f(K charitable
purposes,. The charity does not actively raise funds from the public either directly or via use of an agent,
accordingly no such amounts are presented in the financial statements for the year under review. The charity
has received no complaints in relation to fundraising adivty for the year under review.
Given the nature of the funding of the charity the Trustees consider that it remains appropriate not to be
voluntarily bound to be regulated by the Fundraising Regulator.

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
Income for the year amounted to £348,456 {2023 £305,016) with expenditure amounting to £377,106 (2023
£297,976) resulting in a net expense of £28,650 for the year (2023 £7,040 net income}.
It is the policy of the Charity that unrestricted funds which have not been designated for a specffic use should be
maintained at a level equivalent to three months. operating costs, equivalent to £95,000. This amount has been
designated by the Trustees in order that it is ring fenced. The Trustees considers that reserves at this level will
ensure that, in the event of a significant drop in funding, they wll be able to continue the Charity's current
activities while consideration is given to ways in which additional funds may be raised. Unrestricted,
undesignated funds at the year end amounted to £138,253 (2023 £163,704).
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are
in place to mitigate exposure to the major risks.
Structure, governance and management
The Charity is a company limited by guarantee and was incorporated in England and Wales on 22 February
1974, number 01161029, and registered as a charity on 7 June 1974, number 503238. The registered address is
Centenary Square. Bradford, BD11 SD. The charity is govemed by its articles of association.
The Trustees, who are also the directors for the purpose of company law, and vtho served during the year and to
the date of signing the accounts were=
Julian Rodriguez
Emma Cheshire
Sophie Gerrard
Kevin Dochety
Sarah Evans
Usmann Arshad
The recruitment and appointment of new trustees is the responsibility of the existing Board of Trustees. Potential
new trustees are initially interviewed by the Chaimian of the Board of Trustees and the Executive Director. The
second stage of the process is to attend the next Board of Trustees meeting as an observer and to meet all of the
trustees. The Board of Trustees appoint the new trustees by a simple vote.
This process ensures the right mix of artistic and commercial experience appropriate to the gallery's needs are
represented across the whole of the Board of Trustees.
Before being appointed as a trustee they have an informal meeting with the Chair and Executive Director. This is
followed up circulating Impressions Gallery s Business Plan, stralegies & policies and annual budget. They also
attend a board meeting as an obsetver. Once elected they received an induction from both the Chair and
Executive Director.
Once elected as a trustee, the Executive Director manages a simple prO￿sS of induction for new trustees to
ensure they are familiar with the staff, the gallery, the governing documents and the artistic aims and objectives.
The precise nature of the induction process varies depending upon the artistic or commercial background of the
new trustee and is tailored to the needs and interests of the new trustee.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
During the year costs of £822 were incurred for trustees indemnity Insuran￿ {2023- £822).

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The charitable company is governed by a Board of Trustees. supported by specialist sul>committees with
responsibility for finance and the artistic programme. The gallery is managed by an Executive Director
responsible to the Board and supported by the members of staff of the Gallery.
Day to day management of the charity has been delegated by the trustees to Anne M¢Neill, the Company
Secretary and Executive Director.
All staff are issued with the staff handbook that defines employees. rights and obligations whilst in employment
with Impressions Gallery. It is updated as and vthen statutory regulations and employees, conditions of
employment change.
Staff appraisals with the director and the relevant staff are conducted annually. This covers, an￿ngst others,
training and development.
Staff meetings are held weekly.
Artistic Sub Committee
The purpose for which the charity is established is 'to further and advance photography as an art and to promote
public knowledge, appreciation, and understanding thereof (Memorandum of Association}.
The artistic sub<ommittee made up of members of the Board of Trustees and programming team meet twce a
year to review the exhibition policy.
The staff programming team meets every six weeks to plan and evaluate the exhibition and education
programme. This is conducted using Partnerships for Leaming evaluation guidelines which are endorsed by Arts
Council of England.
Finance Sub Committee
Impressions Gallery produces timely, accurate and transparent financial infomiation resulting in effective
management control of expenditure.
The Finance Officer produces monthly management accounts.
The finance sub-committee of the Board of Trustees meets regularly throughout the year to ensure Impressions
Gallery is operating with appropriate systems and with proper accounting records which disdose with reasonable
accuracy, at any time, the financial position of the charity.
These records are discussed by the finance sub<ommittee and are presented at Board of Trustees meetings.
This report is prepared in accordance with the provisions applicable to companies entitled to the small
companies exemption.
The Trustees, report was approved by the Board of Trustees.
ned by..
hl¥w
92919
Julian
Trustee
Dated: 19 December 2024
FV
riguez

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also the directors of Impressions Gallery of Photography Limited for the purpose of company
law, are responsible for preparing the Trustees, Report and the financial statements in ac￿rdanCe wth 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 gwe 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., and
prepare the financial statements on the going ¢oncem basis unless it is inappropriate to presurre 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 statemerts comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and her￿e for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
I report on the financial statements of the Charity for the year ended 31 March 2024, which are set out on pages
8t023.
Respective responsibilities of Trustees and examiner
The Charity's Trustees, who are also the directors of Impressions Gallery of Photography Limited for the
purposes of company law, are responsible for the preparation of the financial statements. The Trustees consider
that an audit is not required for this year under section 144(2) of the Charilies Act 2011 (the 2011 Act) and thal an
independent examination is needed. The charity's gross income ex￿eded £250,000 and l am qualified to
undertake the examination being a qualified member of ICAEW.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to..
examine the financial statements under section 145 of the 2011 Act.,
(li) to follow the procedures laid down in the general Directions given by the Charity Commission under section
145{5){b) of the 2011 Act- and
(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's ￿port
My examination was carried out in accordan￿ wth the general Directions given by the Charity Comm ission. An
examination includes a review of the accounting records kept by the charity and a comparison of the financial
statements presented with those records. It also includes consideration of any unusual items or disdosures in the
financial statements, and seeking explanations from you as trustees con¢eming any such matters. The
procedures undertaken do not provide all the evidence that ￿￿Uld be required in an audit and consequently no
opinion is given as to whether the financial statements present a 'true and fair view and the report is limited to
those matters set out in the next statement.
Independent examinetrs statement
In connection with my examination, no matter has come to my attention"
(a) which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordan￿ with section 386 of the Companies Act 2006,. and
(li) to prepare financial statements which accord wth the accounting records, comply wth the accounting
requirements of section 396 of the Companies Act 2006 and wth the methods and principles of the
Statement of Recommended Practi￿.. Accounting and Reporting by Charities,.
have not been met or
(b) to which, in my opinion, attention should be dravm in order to enable a proper understanding of t
financial statements to be reached.
Svjned by..
Isonbthartey¥cA
Independent Examiner
Azets Audit servI￿s Ltd
Carlton House
Grammar School Street
Bradford
BD14NS
Dated: 19 December 2024

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Un￿striCted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
259,483
12,032
4.824
16.997
28.380
26,740
286,223
12,032
4,824
16,997
28,380
240,809
9,742
4,619
3,450
18,596
27,800
268,609
9,742
4,619
3,450
18.596
Total income
321.716
26.740
348,456
277,216
27,800
305.016
Raising funds
3,417
3,417
1,119
1,119
Charitable activities
346,949
26,740
373,689
255,544
41,313
296,857
Total resources
expended
350.366
26.740
377,106
256,663
41,313
297.976
Net (expenditure)lin¢ome for
the yearl
Net movement in funds
{28,650)
(28,650)
20,553
(13,513)
7,040
Fund balances at 1 April
2023
325,300
325,300
304,747
13,513
318,260
Fund balances at 31
March 2024
296.650
296,650
325,300
325,300
The statement of financial activities indudes 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.

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
14
3,397
6,596
Current assets
Debtors
Cash at bank and in hand
15
38,488
383.429
36,917
380,557
421.917
417,474
Creditors: amounts falling due within
one year
16
(128,664)
(98,770)
Net current assets
293,253
318,704
Total assets less current liabilities
296,650
325,300
Income funds
Unrestricted funds
Designated funds
General unrestricted funds
19
158.397
138.253
161.596
163.704
296.650
325.300
296,650
325,300
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 March 2024.
The directors acknowledge their responsibilities for cornplying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
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 accordan￿ wth the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trustees on 19 December 2024
Svjned by..
Mr
829
Julian
Trustee
F44tKJ..
riguez
Company registration number 01161029

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Impressions Gallery of Photography Limrted is a private company limited by guarantee incorporated in
England and Wales. The registered office is Impressions Gallery, Centenary Square, Bradford, BD1 1SD.
1.1 Accounting convention
The accounts 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). (as amended for accounting periods commencing
from 1 January 2019). The Charity is a Public Benefit Enlity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
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 Tru%tees
continue to adopt the going cOn￿M 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 fvnds are subject to specific 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 entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it is probable that income wll be received.
Cash donations are recognised on re￿ipt. 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 or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
10-

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IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
1.5 Expenditure
Liabilities are recognised as soon as there is a legal or constructive obligats-on committing the charity to the
expenditure.
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to the category.
Raising funds are the costs of goods for re-sale.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It indudes both costs that can be allocated directly to such actiwties and those
costs of an indirect nature ne￿SSary to support them.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaimient 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
3 years straight line
3 years straight line
The gain or loss arising on the disposal of an asset is detennined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
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 impaimient loss. If any such ind￿tIOn
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 indude 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.
1.9 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Chartys balan￿ sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with 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.
11

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
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 financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
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 ServI￿S 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 price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
1.10 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 termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
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 carying 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 (￿lY that
period, or in the period of the revision and future periods where the revision affects both current and fvture
periods.
12-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
Unrestricted Unrestricted
2024
2023
Touring
Gallery workshops and events
11,440
592
9,071
671
12,032
9,742
Donations and legacies
Unrestricted Restricted
funds
funds
Total Unrestricted Restricted
nds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Grants listed below
Donated in kind services
2.900
221,183
35.400
3,010
23,730
5,910
244,913
35.400
4,056
221,003
15,750
4,056
248,803
15,750
27,800
259.483
26,740
286.223
240,809
27,800
268,609
Grants receivable for
core activities
ACE NPO
Photoworks
Bradford Culture Co
Bradford Council
HLF {Bradford Live)
206,183
2CE,183
22,070
206,003
206,003
22,070
1,800
1,000
25,000
1,800
16,000
25,000
15.000
1,660
16.660
15,000
221.183
23,730
244.913
221,003
27,800
248,803
Donated in kind services
Print and on-line press coverage for our Y￿rk converted into a marketing value of £35,400 (2023 £15,750).
Equivalent PR value amounts to £106,200 (2023 £47,250).
13-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Other trading activities
Unrestricted Unrestricted
funds
funds
2024
2023
Sales of purchased goods
4,824
4,619
Investments
un￿strICted Unrestricted
funds
funds
2024
2023
Interest receivable
16,997
3.450
other income
Unrestricted Unrestricted
funds
funds
2024
2023
HMRC Museums Relief Refund
28,380
18.596
Raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Tradin
costs
Purchased goods
3,417
1,119
3,417
1,119
14-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
2024
2023
Staff costs
Touring and exhibition costs
Marketing and audience development
Marketing re￿iVed in kind
Research
145,001
65,811
5,786
35,400
4,790
109,088
54,042
3,952
15,750
4,181
256,788
187.013
Share of support costs {see note 10)
Share of governance costs (see note 10)
112,889
4,012
106,062
3,782
373,689
296,857
Analysis by fund
Unrestricted funds
Restricted ￿ndS
346,949
26,740
255,544
41,313
373,689
296,857
15-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Support costs
Support Governance
costs
costs
2024
Support Governance
Costs
costs
2023
Staff costs
Depreciation
Premises costs
Insurance
Telephone
Computer and IT
Printing, postage and
stationery
Book keeping and payroll
Bank charges
Travel and subsistence
Sundry expenses
Taxation services
51.435
3.823
32.258
5.217
1.965
534
51,435
3.823
32.258
5.217
1.965
534
46.849
3,823
32,249
5,269
2,084
3.033
46,849
3,823
32,249
5,269
2.084
3.033
1,560
4,596
144
4,643
3,499
3,215
1,560
4,596
144
4,643
3,499
3,215
1,209
2,433
89
3,849
1,740
3,435
1,209
2,433
89
3,849
1,740
3,435
Independent examiner's
fee
Indemnity insuran
3,190
822
3,190
822
2,960
822
2,960
822
112,889
4,012
116,901
106,062
3,782
109,844
Analysed be￿een
Charitable activities
112,889
4,012
116,901
106,062
3,782
109,844
Support and govemance costs are allocated to the only charitable activity.
11 Trustees
None of the Trustees (or any persons connected with them) re￿iVed any remuneration or benefits fr¢Jn the
Charity during the year.
Induded in the board administration costs are travel costs reimbursed amounting to £nil paid out, {2023 -£nil).
During the year costs of £822 were incurred for indemnity insurance for the trustees (2023- £822).
12 Taxation
As a charity the company is exempt from tsx on income falling within part 11 of the Corporation Tax Act 2010
and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objectives. No tax charges have arisen in the charty.
16-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Employees
Number of employees
The average monthly number employees during the year was:
2024
Number
2023
Number
Charitable activities
Management and administration
Employment costs
2024
2023
Vwdges and salaries
Social security costs
Other pension costs
180,439
11,814
4,183
144,642
7,895
3,400
196,436
155,937
The number of employees whose annual remuneration VMS £60.000 or more
were..
2024
Number
2023
Number
£60,000- £70,000
14 Tangible fixed assets
Fixtures and
r￿IngS
Compute
Total
Cost
At 1 April 2023
Additions
22,626
624
15.869
38.495
624
At 31 March 2024
23.250
15.869
39,119
Depreciation and impaimient
At 1 April 2023
Depreciation charged in the year
17,501
2,843
14,398
980
31,899
3,823
At 31 March 2024
20,344
15,378
35,722
Carrying amount
At 31 March 2024
2,906
491
3,397
At 31 March 2023
5,125
1,471
6,596
17-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
other debtors
Prepayments and accrued income
2,400
28,259
7,829
200
20,181
16,536
38,488
36,917
16 Creditors: amounts falling due within one year
2024
2023
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
715
17
296
8,608
947
88,919
2,790
1,720
123,439
128,664
98,770
17 Deferred income
2024
2023
Other deferred income
296
Deferred income is included in the financial ststements as follows..
2024
2023
Brought forward
Re￿iVed in year
Released in year
296
296
(296)
Deferred income carried forward
296
18-

Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
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Docusign Envelope ID.. EBFDC106-A79641 D7-B2S&FBE5CF8B￿E4
IMPRESSIONS GALLERY OF PHOTOGRAPHY LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Related party transactions
Remuneration of key management personnel
2024
2023
Aggregate compensation
99,985
91,215
Transactions with related parties
There were no transactions with related parties in the current or prior period.
-23-