2024-03-31-accounts - Jazz North-East Limited

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Annual Report 2023 - 2024

2023 - 2024 once again saw an enthused and committed audience engaging with live jazz and improvised music, feeling truly secure to experience event environments post-pandemic. As an organisation Jazz North East do still remain aware of ongoing potential threats, not just through potential threats from illness, but also with concern for global finance, and as such we have continued to ensure that artists are well paid for their work, and ticket prices remain accessible for all persons.

During this period we were delighted to see a number of sell out concerts, affirming the excitement and demand for the art-form in Tyneside and the North of England, and also the thirst for artists from outside the area, and internationally, wanting to perform in the region.

Building on existing framework, working in conjunction with local promoters and educators, through our programme of work Jazz North East successfully supported and developed musicians, audiences, promoters and grassroots venues in Tyne and Wear.

We continued to use spaces that regularly promote jazz but also employed new performance environments to engage new diverse untapped audiences and provide a wider venue network for artists from and coming to the region.

With this in mind we were delighted to include silent films with live soundtracking and also in partnership with Newcastle Festival of Jazz and Improvised Music the use of the historic Edith Adamson Carillon at Newcastle Civic Centre.

Our project featured concerts, workshops, film screenings, jazz socials, group meetings and discussion platforms.

Partnerships continued to grow which also saw us achieve some great coverage through BBC Radio including participation in the BBC Proms at Glasshouse International Centre for Music.

We are proud that Jazz North East continues to enhance Tyne and Wear as a great place to live and reinforce the reputation of North England as a culturally vibrant centre for the arts.

Amongst others, our key venues throughout this time frame included The Globe, The Literary and Philosophical Society, Gosforth Civic Theatre, Bobiks and Jesmond United Reformed Church.

Alongside venues, partners organisations included the South Asian GemArts with whom we staged a number of concerts for their annual Masala festival, we continued to show support for the regional New Jazz and Improvised Music Recordings label, and remained lead partner for the forward thinking Newcastle Festival of Jazz and Improvised Music.

We were delighted to work in partnership with Jazz.Coop at The Globe throughout the year and also on International Jazz Day presenting the Corrie Dick ‘Sun Swells’ Band.

Other concerts of note included the contemporary Scottish folk fusion of Fraser Fifield’s ‘Secret Path’ for International Bagpipe Day, and Scottish folkie James Yorkson with Jon Thorne and the South Asian vocalist Ranjana Ghatak. We continue to promote and celebrate diversity and inclusion across our field of work.

Whilst the lockdown period of 2020 - 2021 presented a question of the ongoing existence of Jazz North East and what the future could look like, with funding support and the vital enthusiasm from our board and audiences we feel we have managed to return stronger than ever, and continued to build this momentum throughout 2023 into 2024.

Our project manager and administrator was allowed to continue steering the ship, managing the required elements of the regular workload whilst attending many Zoom sector sessions and in person meetings planning for the future. Notably this includes regular contact with the Northern development agency Jazz North, and the nationwide Jazz Promotion Network.

We continued to promote with our ‘Women Make Music’ concert series ever present, showing commitment to the Keychange initiative. We also maintained membership with Black Lives in Music continuing to promote diversity through our programme and action. Embodying the values of Music Declares Emergency we continue to evolve our strategies for ecological sustainability.

Jazz North East continues in its determination to sustain the high quality of programming that has been its hallmark since the organisation’s inception in 1966. Whilst we fully appreciate the importance of the jazz tradition, we believe that jazz as a creative art form is constantly moving forward and that it is our responsibility to reflect and celebrate this dynamism. Thus presentation of new artists, collaboration with other promoters and further development of international links remain crucial to our work, alongside the development of new concepts and ideas to inspire creative practise, artists and audiences.

The Jazz North East mission is that of reflecting the diversity of jazz and improvised music. The future is exciting and our commitment to being a forward-looking organisation involves a degree of financial risk. Jazz North East, our audiences, and the artists that we support are immensely grateful to Arts Council England for their continued funding, and to all other supporting organisations.

We very much look forward to celebrating the 60th anniversary of Jazz North East in 2026.

We have remained conscious that there should be no compromise on quality, ensuring that we sustain our mantra “the Best in Jazz since 1966”. We continue to maintain a programme that covers a wide spectrum of jazz styles from performances, rooted in both the ‘mainstream’ jazz tradition through to highly experimental concerts of free improvisation. We support established artists, alongside young newcomers and recent graduates just beginning to emerge onto the scene.

We continue to remain in close contact with many regional festivals in planning future events. These include the South Asian ‘Masala’ Festival working the with regional GemArts, Tyneside Irish Festival, and the Newcastle Festival of Jazz and Improvised Music.

A significant strand in our past programme has been our PRSF supported ‘Women Make Music’ project to highlight female musicians as composers, performers and instructors. We continue to

develop this project and have discussed at great length the need to further support diversity within our work, to bring more people of colour into our activity, and to also find more representation for those with disabilities working alongside Attitude is Everything.

As an organisation we continue to step further into the position of a developmental body, as well as maintaining a reputation as a highly regarded promoter. Our involvement with musicians is apparent with frequent approaches in an advisory role to artists career development, requests to deliver presentations, appearing as panel members at forums and writing references and letters of support for local and international artists.

Venues and Partnerships

We were delighted to continue working with the award winning Globe. In doing so this has given us access to a well equipped venue following refurbishment, the venue is also fully accessible.

We also continued to work with Gosforth Civic Theatre. As an arts venue Gosforth Civic Theatre is home to, and run by, Liberdade Community Development Trust, a charity that works with people with learning disabilities and autism, giving them a place to belong, work and get involved in the arts and their community. As a truly inclusive space for performance, music, cinema, and events aimed at the heart of the community Gosforth Civic Theatre is a socially conscious and responsible space that prioritises the health, safety and wellbeing of its audiences, participants and performers. The Theatre acts as a live performance space with cinema projection facilities. The venue is also fully accessible, in a prime location for green transport links and benefits from on site free parking.

A third venue was the prestigious and historical Literary and Philosophical Society, which benefits from one of the finest grand pianos in the North of England, and a highly supportive team of staff and volunteers. The Lit and Phil continues to remain the central hub for Newcastle Festival of Jazz and Improvised Music, and a venue celebrated by all musicians who perform there.

A new venue to us has been Jesmond United Reformed Church which also benefits a beautiful grand piano and a fantastic and enthusiastic staff body.

Sadly we saw the closure of the venue Bobiks with which we had established a strong partnership including three sell out concerts, the venue had allowed access to new audiences in Jesmond on the outskirts beyond the city centre. With this loss we have employed other spaces such as Cluny in Ouseburn Valley, again allowing access to newer audiences.

With a new production team in place at Glasshouse International Centre for Music (formerly know as Sage Gateshead) we were delighted to see our partnerships developing further where we worked in conjunction on promotions at BBC Proms.

International Partnerships

Jazz North East’s reputation as a significant presence on the international jazz scene continues. Artists and organisations continue to grapple with the fallout from Brexit and Covid, but we continue to maintain relations with Dutch Performing Arts and Jazz Danmark, whilst also maintaining a commitment to artists from many overseas countries including Luxembourg, Italy, Switzerland, Germany, Australia, Canada and the USA, and many many more.

Finance

The adventurous nature of Jazz North East’s programming would not be possible without the support of public funding, which enables us to maintain a creatively vibrant and forward-looking approach. Continued assistance from Arts Council England, who provide the largest share of our funding provided ongoing and gratefully received financial stability for the organisation. We received an Arts Council grant of £29,996 to support the calendar year period October 2022 - December 2023 followed by an additional grant of £29,959 to support January 2024 - December 2024. We also benefit from a small amount of public donations alongside ticket sales, our online Discogs CD shop and contributions from our lead partner organisations.

The Board

The Board has continued to benefit from the services of our paid admin assistant and project manager Wesley Stephenson, whose work in co-ordinating our concert programme and in liaison with the artists, concept and organisational development, alongside fundraising and marketing, has proved absolutely invaluable.

The Board members for 2023 - 2024 were:

John Pope (Chair) Melanie Grundy (Secretary) Stewart Smith (Treasurer) Ken Drew Charlie McGovern Toshitaka Zenimoto

Concert Schedule: 2023 - 2024 (Financial Year)

Friday 7th April: Abbie Finn's 'Finntet' + Zoë Gilby with Andy Champion

Saturday 8th April: Me Lost Me + Ceitidh Mac + Heather Ferrier

Sunday 30th April: Corrie Dick ‘Sun Swells’ Album Tour (International Jazz Day)

Friday 12th May: Taking The Dog For A Walk (Film Screening)

Sunday 14th May: Eternal Triangle (Trevor Watts / Veryan Weston / Jamie Harris) + Andy Champion

Friday 19th May: Kira Kira (Satoko Fujii / Alister Spence / Natsuki Tamura / Tom Bancroft)

Friday 16th June: Steve Beresford / Hannah Marshall / John Butcher

Sunday 18th June: Graham Costello's STRATA

Sunday 9th July: Spaces Unfolding + Alex Ward and Dominic Lash

Wednesday 19th July: Michael Messer’s Mitra (GemArts Masala Festival)

Friday 21st July: Yazz Ahmed and Arun Ghosh (GemArts Masala Festival: BBC Proms at Sage Gateshead)

Friday 22nd September - Sunday 8th October

Newcastle Festival of Jazz and Improvised Music 2023

Jon Bradley (The Edith Adamson Carillon) Three Tsuru Origami + Paul Edis and Graeme Wilson Zoe Rahman Octet John Pope Quintet + Late Girl + Shapeshifters Sarah Gail Brand / Cath Roberts / Andy Champion / Emil Karlsen Alcyona Mick Balo: Manon McCoy / Will Shaw Sebastian Lexer / Michael Mayes / Steve Noble + Semay Wu + Miman Maja Bugge and Sarah Nicolls + Olivia Moore and Adam Fairhall Rie Nakajima Samuel Blaser Trio + Laura Toxværd with Jeppe Zeeberg + Atzi Muramatsu Zoë Gilby Quintet w/ Tony Kofi + Ubunye

Friday 20th October: Get The Blessing + Power Out

Friday 27th October: Paul G.Smyth / John Edwards / Mark Sanders

Sunday 5th November: Greg Abate with Dean Stockdale / John Pope / Abbie Finn

Sunday 12th November: Han-earl Park / Lara Jones / Pat Thomas

Friday 17th November: James Yorkston / Jon Thorne / Ranjana Ghatak

Sunday 10th December: Tele-Port (Zhenya Strigalev / Jérôme Klein / Pol Belardi / Jeff Herr) Sunday 28th January: SENTIENT BEINGS with John O’Gallagher, Faith Brackenbury, John Pope, Tony Bianco

Saturday 17th February: The Family Band + Abbie Finn Trio

Sunday 25th February: Bex Burch + Rachel Musson

Sunday 10th March: Fraser Fifield - Secret Path Trio

COMPANY REGISTRATION NUMBER: 01357300 CHARITY REGISTRATION NUMBER: 507509 Jazz North East Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2024

Jazz North East Limited Company Limiled by Guarantee Flnanclal Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account> Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statemenl of financial activities 13

Jazz North East Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees. who are also the directors for the purposes of company law, present their report and the unaudiled financial statements of the charity for the year ended 31 March 2024. Reference and admlnlstratlve details Registered charily name Jazz North East Limtted Charlty reglstratlon number 507509 Company registration number 01357300 Prlnclpal offlce and reglstered 14 Kirkstone Gardens offlce Newcastle upon Tyne NE7 7AN The trustees Melanie Grundy Stewart Smith John Charles McGovern Kenneth Drew Richard John Pope Jamie Matyn Toms Toshitaka Zenimoto Secretary Treasurer Independenl examiner JFS Torbitt Chartered Certrfied Accountants 58 Durham Road Birtley Co Durham DH3 2QJ Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 1811212024 and signed on behalf of the board of trustees by: John charles M¢Govern Trustee

Jazz North East Limited Company Llmlted by Guarantee Independent Examlner's Report to the Trustees of Jazz North East Limited Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Jazz North East Limited ('the charity.) for the year ended 31 March 2024. Responslbllllles and basis of report As the trustees of the company (and also its directors for Ihe purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Act.). Having satisfied myself that the accounls of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charty's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Chariiy Commission under section 145(5)(b) of the 2011 Act. Independent examiner's staiement I have completed my examinalion. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kepl in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records" or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Yrue and fairf view which is not a matter considered as part of an independent examination; or the financial slatements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting StarKlard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this pOrt in order to enable a proper understanding of Ihe accounts to be reached. Jane Freeman FCCA Independent Examiner 58 Durham Road Birtley Co Durham DH3 2QJ

Jazz North East Limited Company Llmlted by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Resiricted funds Totsl funds Total funds 2023 Unrestricted funds Note Income Grants Other trading activities Investment income 29,963 29,963 21,864 28,496 6,126 21,864 Total Income 21.868 29,963 51,831 34,623 Expendilure Expenditure on raising funds.. Cosls of raising grants and funds Totsl expendilure 11.787 33,159 33,159 44,946 44,946 30,453 30,453 11,787 Net Income and net movement In funds 10.081 (3,196) 6.885 4,170 Reconclllatlon of funds Total funds brought forward Toial funds Carried forward 1.757 17,422 19.179 15,009 11,838 14,226 26.064 19,179 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 5 10 1110rn) part of thèse linanclal stalements.

Jazz North East Limited Company Llmlted by Guarantee Statement of Financial Positlon 31 March 2024 2024 2023 Note Flxed assets Tangible fixed assets 13 91 Currenl assets Debtors Cash at bank and in hand 14 392 25,884 20.084 26,276 20,084 Credilors: amounts falling due wlthin one year Net currenl assets 15 1280) 25,996 (996) 19.088 Tolal assets less Currenl Ilabllitles 26.064 19.179 Nei assels 26,064 19.179 Funds of the charlty Restricted funds Unrestricted funds 14,226 11,838 26,064 17,422 1,757 Total charlty funds 16 19,179 For the year ending 31 March 2024 the charity was enlitled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company io obtain an audit of its financial statemenls for Ihe year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparats'on of financial statements. These financial statements have been pr8pared in accordance with the provisions applicable to companies subjecl to the small companies, regime. These financial statemenis were approved by the board of trustees and authorised for issue on 1811212024, and are signed on behalf of the board by: John Charles McGovern Trustee The noles on pages S to 111orni part ot these flnancial 8tatsm8nts.

Jazz North East Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General informatlon The charty is a public benefit entiiy and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 14 Kirkstone Gardens, Newcastle upon Tyne, NE7 7AN. siaiemeni of compllan¢e These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in Ihe UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 1021) and the Companies Act 2006. A¢¢ounting pollcl8s Basls of preparatlon The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going Concorn There are no material uncertainties about the charity's ability to continue. Dlsclosure exemption8 The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: {a) No cash flow statement has been presented for the company. {bl Disclosures in respect of financial instruments have not been presented. Fund accounting Unrestricted funds are available for use at Ihe discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricied funds earmarked by the trustees for particular future project or commitment. Reslricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.

Jazz North East Limited Company Limited by Guarantee Notes to the Flnanclal Statements (contlnu•d) Year ended 31 March 2024 Accounllng polleles {contlnued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity. it is probable that the economic benetits associated with the transaction will flow lo the charty and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or granls is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entillement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in Ihe accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of seThices is recognised with the delivery of the ¢ontra¢ted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed rf unspenl, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable Irading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its Charitable aims for the benelit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that aclivity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Jazz North East Limited Company Limited by Guarantee Notes to the Financial Slatements (contlnued) Year ended 31 March 2024 Accounting pollcles (continued) Tanglble assets Tangible assets are initially recorded at cost. and subsequently staled at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. An increase in the carying amount of an asset as a result of a revaluation. is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within Ihe statement of financial activities. A decrease in the carying amount of an asset as a resutt of revaluation. is recognised in other recognised gains and losses. except to which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Deprecialion Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Plant and machinery 25 /• reducing balance Impairnent ol fixed asseis A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being eslimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the pUOSe$ of impaimient testing. when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable aTnount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill. the goodwill acquired in a business combination is. from the acquisition date, allocated to each of the cashrfjeneraling units that are expecled lo benefit from the synergies of the combinalion. irrespective of whether other assels or liabilities of the charily are assigned to those units. Llmlted by guarantee Jazz North Easl Limiled is a company limited by guarantee and accordingly does nol have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the Charitable company in the evenl of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

Jazz North East Limited Company Limited by Guarantee Notes to the Financlal Statements (conthiued) Year ended 31 March 2024 Grants Restricted Total Funds Funds 2024 Restrict8d Total Funds Funds 2023 Grants Arts Council 29.963 29,963 28,496 28,496 Othor tradlng actlvltles Unrestricted Totsi Funds Unrestricted Total Funds Funds 2024 Funds 2023 Concert Receipts Sundry income 20,542 1,322 20,542 1.322 5,906 220 5,906 220 21,864 21,864 6,126 6,126 Investment income Unrestricted Total Funds Unreslricted Total Funds Funds 2024 Funds 2023 Bank interest receivable Costs of ralslng grant8 and funds Unrestricted Funds Restricled Total Funds Funds 2024 Artisls Fee Artisls Expens85 Hall & Instrument Costs Newcastle Fesiival of Jazz and Improvised Music Accountancy Printing, postage and stalionery Depreciation Subscriptions Bank charges Advertising and PR 3,661 12,991 1,696 2,040 10,254 16,652 1,696 4,985 10,254 390 39 23 1,145 15 9,747 44,946 2,945 390 39 23 1,145 3,569 11,787 6,178 33,159

Jazz North East Limited Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 C08t8 of ra181ng grants and funds (conllnued) Unrestricted Funds Restricted Total Funds Funds 2023 Artists Fee Artists Expenses Hall & Instrumerrt Costs Newcastle Festival of Jazz and Improvised Music Accountancy Printing, postage and stalionery Depreciation Subscriptions Advertising and PR 197 9.115 270 3.646 6.483 1.323 6,680 10,438 270 3.646 372 372 60 30 1,055 5,006 19,379 30 1,055 7,902 30,453 2,896 11.074 Net income Net income is stated after chargingl(crediting): 2024 2023 Depreciation of tangible fixed assets 30 10. Independent examlnatlon fees 2024 2023 Fees payable to the independent examiner for: Independent examination of the financial statements 390 372 11. Staff costs The average head count of employees during the year was Nil12023.' Nill. No employee received employee benefits of more than £60,000 during the year (2023: Nil). 12. Trustee remuneratlon and expenses No remuneration or other benefits from employment with the charity or a related 8ntty were received by the trustees

Jazz North East Limited Company Llmited by Guarantee Notes to the Flnanclal Statements (conllnuodj Year ended 31 March 2024 13. Tanglble fixed assets Plant and machlnery Cost Al 1 Aprll 2023 and 31 March 2024 Depreclatlon At 1 April 2023 Charge for Ihe year At 31 March 2024 1,113 1,022 23 1,045 Carrying amount Al 31 March 2024 68 At 31 March 2023 91 14. Debiors 2024 2023 Prepayments and accrued income 392 15. Creditors: amounts falling due wlthln one year 2024 2023 Trade creditors Accruals and deferred income 716 280 280 280 996 16. Analysls of charilable funds Unrestricied funds At 1 April 2023 At Income Expenditure 31 March 2024 General tunds 1,757 21,868 {11 ,7871 11,838 At 1 April 2022 At Income Expenditure 31 March 2023 General funds 15,009 6,127 {19,3791 1,757 10

Jazz North East Limited Company Limited by Guarantee Notes to the Financial Statements (conllnu•d) Year ended 31 March 2024 15. Analysis of charitable funds (contlnued) Reslricted funds At 1 April 2023 At Income Expenditure 31 March 2024 Arts Council England 17.422 29.963 {33,1591 14,226 At 1 April 2022 At Income Expenditure 31 March 2023 Arts Council England 28,496 111,0741 17,422 16. Analysis of nel assels belween funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Nel assels 68 12,050 (280) 11,838 14,226 26,276 {280) 26,064 14,226 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Currenl assets Creditors less than 1 year Nei asseis 91 2,662 (996) 1,757 91 20,084 {996) 19,179 17,422 17,422 11

Jazz North East Limited Company Limited by Guarantee Management Information Year ended 31 March 2024 The followlng pages do not forni part of the financlal Statements. 12

Jazz North East Limited Company Limiled by Guarantee Detalled Ststement of Financial Activities Year ended 31 March 2024 2024 2023 Income Grants Grants 29,963 28,496 Other trading aclivitiès Concert Receipts Sundry income 20,542 1,322 5,906 220 21,864 6.126 Investment Income Bank interest receivable Total Income 51,831 34.623 Expendllure Costs of raising grants and funds Artists Fees Artisits Expenses Hall & Instrument Costs Newcastle Festival of Jazz and Improvised Music AuntanCY fees Printing, postage and stationery Depreciation Subscripiions Advertising and PR Bank charges 16,653 1,696 4,985 10,255 390 39 23 1.145 9.747 13 6,680 10,438 270 3,646 372 60 30 1.055 7,902 44,946 30,453 Total expendilure 44.946 30,453 Net Income 6.885 4.170 13

COMPANY REGISTRATION NUMBER: 01357300 CHARITY REGISTRATION NUMBER: 507509 Jazz North East Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2024

Jazz North East Limited Company Limited by Guarantee Management Information Year ended 31 March 2024 The followlng pages do not forni part of the financlal Statements. 12