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2023-03-31-accounts

Company Number: 2036083 Charity Number: 517887

High Peak Community Arts

Report and financial statements For the year ended 31 March 2023

High Peak Community Arts

Reference and administrative information

for the year ended 31 March 2023

Company number 2036083

Charity number 517887

Registered office and operational address New Mills Adult Community Education Centre, Spring Bank, New Mills, High Peak, SK22 4AZ

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Dawn Bryan Chair Lucy Rennie Treasurer Pam Garside Secretary Ann Lyon Andrew Worrall Barbara Walmsley Jean Rushby Caroline Storr Katherine Maia Preston Sarah Males (resigned 11/2022)

Staff

Alison Bowry Arts, Health and Wellbeing Programme Manager Sophie Mackreth Youth Arts Programme Manager Susie Bennett Finance and Admin Manager Lidija McKnight Fundraising and Development Manager

Bankers

National Westminster Bank plc 180 London Road, Hazel Grove, Stockport, SK7 4DH The Co-operative Bank Delf House, Southway, Skelmersdale, WN8 6WT

Independent Jennifer Daniel FCCA DChA, Slade & Cooper Limited examiner Beehive Mill, Jersey Street, Manchester, M4 6JG

1

High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

The trustees present their report and the unaudited financial statements for the year ended 2023. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

As set out in HPCA's constitution, the objects for which the Company is registered are: 'To promote, maintain, improve and advance the education of the inhabitants of the Borough of the High Peak and neighbourhood through the medium of Community Arts including the art of drama, ballet, opera, singing, literature, sculpture and painting'.

In 2022-2023 we continued to deliver our Arts and Health programme of activities for adults through our Project eARTh workshops, delivered in New Mills and Buxton. We also provided a programme of activities, workshops, summer schools and mentoring for children and young people. Commissioning local artists and/ or youth workers to work with our participants, we were able to facilitate our participants working in a wide range of art forms, from book sculpture to filmmaking.

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Achievements and performance

The charity's main activities and who it tries to help are described below. All its charitable activities focus on Community Arts, and are undertaken to further High Peak Community Arts charitable purposes for the public benefit.

Our activities have focussed on two strands, one involving adults (Arts and Health, below) and one involving young people, via our Youth Programme.

Arts and Health

Project eARTh is a community creative health project operating in the High Peak area. It has been running for over 13 years. The project’s usual format is to run two weekly groups, one each in New Mills and Buxton. Inevitably, the Covid 19 pandemic altered Project eARTh’s ability to run its planned programme, and many changes had to be made. From June 22 to the end of July 22, we were still running with smaller groups to be more covid secure, running two groups per week in each town, with additional increases in costs incurred.

2

High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

Projects June 2022 – May 2023

1.Seed Exchange. The Buxton group completed its Seed Exchange, started in the previous year. Participants worked with artist Roisin O’ Connor to make ceramic vegetables, fruit and flowers for a ‘Seed Exchange’ structure, for Buxton’s Serpentine Community Garden project. The Celebratory Event planned for September, had to be postponed due to the funeral of Queen Elizabeth, and was held in December 2022. The Seed Exchange has a wonderful indoor location in The Pavilion Gardens in Buxton, with its large footfall of residents and visitors. The group also made come ceramic bilberry bumble bees for the Friends of Buxton Station.

2.Cyanotypes – Framed Collages

The New Mills group worked with artist Lucie Maycock on a project to make cyanotypes and then use them to create framed collages for Arden House GP surgery in New Mills. This is the surgery attend by some of the group, who were keen to make artwork for the setting.

  1. Shadow Puppets. In late June and through July, the Buxton group worked with artist Tara Saunders from ‘Babbling Vagabonds Theatre Company’ on a shadow puppet project. This was for fun amongst ourselves than sharing in the wider community – and was thoroughly enjoyable making up stories, puppets, and sound effects, and then acting them out. Outside some people’s comfort zones, but all got involved and surprised themselves!

  2. High Peak ABC. New Mills Project eARTh got involved in High Peak Community Arts’ ‘The High Peak ABC’ book project, in July 22, by writing acrostic poems for the High Peak places and names chosen for the book. The group wrote poems in a session led by artist Carl Harris. The project grew out of HPCA’s early year’s programme, ‘For The Love of Books’ and created an ABC with collage illustrations by local artist Andrea Joseph using paper painted on by babies and toddlers in early years’ workshops. The book was launched in April 2023 with poet Helen Mort and is for sale online and in local bookshops, as well as being given to libraries and schools.

  3. Light Within. The New Mills groups worked with photographer Josh Tomalin and dancer Courtenay Cruse on a photography project in July. Participants photographed Courtenay as she danced, using 35mm film, and suggesting moods, emotions and ideas for the dance; and also wrote some short pieces inspired by the dance. Everyone found it a most relaxing and uplifting day. The negatives and b/w photos printed onto clear film were then used to create light box style sculptures, and a celebratory event held in September as part of New Mills Festival in which Courtenay performed a specially choreographed dance amongst the sculptures and read a poem using participants’ words.

  4. Cyanotype Cushions. In September /October, the Buxton group worked with artist Ruth Flanagan to make cyanotype collages, printed onto cushions. The group created 10 lovely cushions, which the steering group had chosen to give the Befriending Serve at Connex in Buxton, as gifts for World Kindness Day for elderly and /or disabled Buxton residents. They also created individual cards to go with each gift.

  5. Book Sculptures. In September/October, the New Mills group worked with artist Kate Freeborough to create book sculptures through folding, and cutting pages of old hardback books. The final result was a fantastic and large collection of book sculptures shown at a Saturday event at Spring Bank Arts and then displayed in the widows of a local Insurance firm.

  6. The Nature of Hope. Both groups worked with writer Leanne Moden on creative writing on the nature of hope. (Buxton in October/ November; New Mills in January/February). Leanne then collated writing

3

High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

from the participants into two group poems, and together with illustrations by the groups, two sets of A3 poetry posters were created and printed. Participants have each taken home posters, and distributed others to GP surgeries and community venues in their own neighbourhoods.

  1. Drawing From Nature. The New Mills groups worked with artist Naomi Kendrick in November/ December on a project using a variety of drawing, painting and collage techniques to draw objects from nature. Each person chose their favourite artwork to make into a set of 12 cards, each with 2 images. Each pupil in Yr 5 of New Mills Primary School was given a set of 12 cards to use as they chose. The group received a lovely set of thank you cards from the children, in return.

  2. Silk Painted Banners and Flags. Both groups worked with artist Sara Blackburn to create silk painted banner and flags for local organisations – Buxton in January to March for Buxton Festival Fringe, Buxton Pride Picnic and Poole’s Cavern and Country Park; and New Mills in March – May for the Rock Mill Centre and the One World Festival – resulting in an array of brightly painted artwork to celebrate in early June! The banners were much appreciated by the organisations.

  3. Mosaics for TownEnd Community Garden.In March, the Buxton group started working with artist Tracey Cartledge on making two 750 mm circular mosaics for Townend Community Garden in Chapel en le Frith – on the gardening theme of flowers, fruit and vegetables. The group started with drawing, moved to collages and designs, then practised with soft mosaics, before starting with glass tesserae for the final pieces. The project will continue into July 2023.

  4. Sounds that Soothe .The New Mills group have started working with artist Ian Pringle to create soundscapes of relaxing sounds. This project will continue into July 2023.

Youth Arts Programme:

A busy year

Film Cuts Club:

An extension grant from BBC Children in Need allowed us to run this club for another year for young people aged 8+ with additional needs. We ran twelve weeks per term for 3 terms, with 15 – 20 young people attending on average. From September we introduced a ‘short workshops’ format to help structure activities. This increased our productivity, whilst still supporting plenty of social time for members to relax with their peers. During this year the group have produced a lots of animations and short films (including The Crown Jewels, to be released for the Coronation, available on our website and Youtube channel), sketches and an audio play.

Social Arts Exchange:

This programme of one-to-one creative mentoring for young people was also funded for another year by the BBC Children in Need extension grant. The programme continued to work with partners such as primary and secondary schools to offer face-to-face mentoring with young people identified by the partner referrers. Most of these sessions happened in school, with some using community settings or at home sessions for the increasing numbers of secondary age pupils who are not able to attend school settings following Covid. We also signposted participants into out of school activity. Despite the increasing demand for this work, it is unlikely we will find alternative funding sources beyond the end of this financial year.

4

High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

Young Writers’ Camp and Tall Tales:

We were awarded Holiday Activity & Food funds we were able to increase our offer at both Easter and in the Summer, with more days and packed lunches. At Easter we worked with a theme of ‘My Orbit’ to look at our important relationships and what we will do for our loved ones. Between Easter and July we delivered evening sessions from St Nick’s Adult Education building in Fairfield, and Gamesley Community Centre. Because of the difficulties of the last couple of years we were taking a large proportion of new participants and the lack of experience in collective working was noticeable.

Thanks to additional income from the Holiday Activity & Food fund we were able to extend our Summer School to 9 days, and return to live performance for the first time. On 15[th] August 2022 we presented Aunty’s Antidote at St Anne’s Parish Hall in Buxton. Guided by our usual team of expert artists, the young performers gave a show including live music, dance, drama, props, costumes and projected films and VR artwork - which transported us to the world of the Zmiry and Vovke who have to solve the mystery of an illness spreading through their communities. The full show is now available on our Youtube Channel.

13+ Young Writers’ Group:

The groups completed filming their comedy ideas at Easter 2022, however we have not been successful in securing further funds for this work, despite an extensive plan produced in consultation with the group.

Arts Award:

This continues to be embedded into projects, we achieved our first Gold Arts Award (level 3) in September 2022, and another 12 Explore and 1 Bronze award in March 2023.

Beneficiaries of our services

We focus on those with least access to the arts and culture, as we believe that the arts can be a tool for change in people's lives. Our programmes provide first and onwards opportunities for participants of all ages.

Financial review

2022-2023 was a more challenging year for High Peak Community Arts. This year saw the end of our funding from Derbyshire County Council, a double blow as it was unrestricted funding, which is extremely hard to find. Although it was a loss in common with all the other arts organisations in the County, it was still very disappointing that we couldn't manage to negotiate some kind of continuation. Our unrestricted reserves reduced again, although we ended the year with a reasonable cushion and enough to cover our reserves policy. This was useful, because at the time of filing accounts 2023-2024 is looking more challenging yet: in common with many voluntary organisations, we are finding funding much more restricted and with a great deal more competition. Currently we are adequately funded for next financial year, but in the current climate things look more uncertain than they have for a few years.

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High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

Reserves policy

High Peak Community Arts aims to hold sufficient reserves to cover redundancy costs for all our 4 staff, and sufficient running costs for 3 months. This is currently £55,000. Our total reserves at the end of 2023 are £169,946, comprising £87,496 unrestricted funds and £82,450 restricted funds.

Plans for the future

In the coming years, High Peak Community Arts is seeking funding to begin a new project supporting people who are neurodiverse, as well as continuing as far as possible with the successful, established projects it is already running. We are also intending to diversify our funding base and are looking into generating more and different types of earned income, and using social media to generate donations.

Currently we are adequately funded for next financial year and through to October 2024, but in the current climate things look more uncertain than they have for a few years; and if new, secure funding sources aren't found soon, the organisation may have real difficulties.

The organisation is moving to cheaper premises and restructuring staffing to assist with these challenges, and we will need to monitor finances carefully to determine a way forward beyond October 2024, and whether the charity is able to continue its work.

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 10th July 1986 and registered as a charity on 26th August 1986.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at March 23 was 9. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 10 to the accounts.

Funds held as custodian trustee on behalf of others

None

6

High Peak Community Arts

Trustees’ annual report

for the year ended 31 March 2023

Statement of responsibilities of the trustees

The trustees (who are also directors of High Peak Community Arts for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on //2023 and signed on their behalf by

Dawn Bryan

(Trustee & Chairperson)

7

Independent examiner’s report

to the trustees of

High Peak Community Arts

I report on the accounts of the company for the year ended 31 March 2023 which are set out on pages 9 to 22.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 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:

Basis of independent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

have not been met; or

Jennifer Daniel FCCA DChA Slade & Cooper Ltd. Chartered Certified Accountants Beehive Mill Jersey Street Manchester M4 6JG

Date ………………………………….

8

High Peak Community Arts Ltd.

Statement of Financial Activities (including Income and Expenditure account) for the Year ended 31 March 2023

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
3,807
Charitable activities:
Community Arts
4
21,167
5
8,275
Investments
6
1,430
Total income
34,679
Expenditure on:
Raising funds
-
-
Charitable activities:
7
54,663
Total expenditure
54,663
9
(19,984)
Transfer between funds
12,462
Net movement in funds for the year
(7,522)
Reconciliation of funds
Total funds brought forward
95,018
Total funds carried forward
87,496
Fees income
Net income/(expenditure) for the
year
Restricted
funds
£
-
187,208
-
-
187,208
-
203,556
203,556
(16,348)
(12,462)
(28,810)
111,260
82,450
Total funds
2023
£
3,807
208,375
8,275
1,430
221,887
-
258,219
258,219
(36,332)
-
(36,332)
206,278
169,946
Total funds
2022
£
1,444
267,118
15,562
19
284,143
-
292,002
292,002
(7,859)
-
(7,859)
214,137
206,278

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

9

High Peak Community Arts Ltd. Company number 2036083

Balance sheet as at 31 March 2023

Note
£
£
Fixed assets
Tangible assets
13
-
Total fixed assets
-
Current assets
Debtors
14
4,205
Cash at bank and in hand
15
209,196
Total current assets
213,401
Liabilities
Creditors: amounts falling
due in less than one year
16
(43,455)
Net current assets
169,946
Total assets less current liabilities
169,946
Net assets
169,946
The funds of the charity:
Restricted income funds
17
82,450
Unrestricted income funds
18
87,496
Total charity funds
169,946
2023
£
£
-
-
12,256
229,374
241,630
(35,352)
206,278
206,278
206,278
111,260
95,018
206,278
2022
£
£
-
-
12,256
229,374
241,630
(35,352)
206,278
206,278
206,278
111,260
95,018
206,278
2022
-
206,278
206,278
206,278
111,260
95,018
206,278

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 12 to 22 form part of these accounts.

Approved by the Trustees on and signed /_/2023 on their behalf by:

Dawn Bryan (Trustee & Chairperson)

Lucy Rennie (Trustee & Treasurer)

10

High Peak Community Arts Ltd.

Statement of Cash Flows for the Year ending 31 March 2023

Note
2023
£
Cash provided by/(used in) operating activities
-
(21,608)
Cash flows from investing activities:
Dividends, interest, and rents from investments
1,430
Cash provided by/(used in) investing activities
1,430
(20,178)
Cash and cash equivalents at the beginning of the year
229,374
Cash and cash equivalents at the end of the year
209,196
Increase/(decrease) in cash and cash
equivalents in the year
2022
£
4,171
19
19
4,190
225,184
229,374

11

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

High Peak Community Arts Ltd. meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis.

The Trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern for the rest of this financial year to the end of March 2024, and through to the end of October 2024.

The Trustees do not consider that there are sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

d Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

e Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

12

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

f Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

g Tangible fixed assets

Individual fixed assets costing £1000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows. over their estimated useful economic lives on a straight line basis as follows:

Asset Category Annual Rate
Leasehold Improvements 10%
Equipment 33%
Motor Vehicle 25%

h Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

i Cash at bank and in hand

Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

j Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

k Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 11. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 1h. The money purchase plan is managed by Aviva, following their purchase of Friends Life, and the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan. The pension fund is converted into a pension upon the employee's normal retirement age when the employee is eligible for a state pension. HPCA has no liability beyond making its contributions and paying across the deductions for the employee's contributions.

13

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from donations

Donations
Total
Total by fund 31 March 2022
Unrestricted
£
3,807
3,807
1,105
Restricted
£
-
-
339
Total 2023
£
3,807
3,807
1,444
Total 2022
£
1,444
1,444
Derbyshire County Council
High Peak Borough Council
Projects:
High Peak Borough Council
BBC Children in Need
National Foundation for Youth Music
National Lottery Heritage Fund
Arts Council
Erewash VoluntaryAction
High Peak CVS
Waitrose Charity
Total
National Lottery Community Fund
Derbyshire County Council Holiday
Activity Fund
Foyle Foundation
Bingham Trust
Unrestricted
£
18,006
1,507
-
-
-
-
-
-
-
-
1,654
-
-
-
21,167
Restricted
£
-
-
1,800
14,254
15,000
50,540
2,275
29,535
39,238
3,260
25,200
5,000
856
250
187,208
Total 2023
£
18,006
1,507
1,800
14,254
15,000
50,540
2,275
29,535
39,238
3,260
26,854
5,000
856
250
208,375

14

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

Previous reporting period
Unrestricted
£
Derbyshire County Council
18,006
High Peak Borough Council
1,000
Projects:
High Peak Borough Council
Derbyshire County Council
-
-
BBC Children in Need
-
-
Music Arts Pod
-
National Foundation for Youth Music
-
-
Garfield Weston
21,000
Support Staffordshire grant
-
Arts Council
-
Junction Arts
-
Kickstart
-
Total
40,006
5
Income from other trading activities
Fees
Sales, Resources and Other Income
All income from other trading activities is unrestricted.
6
Investment income
Income from bank deposits
Derbyshire County Council Holiday
Activity Fund
National Lottery Community Fund
Derby and Derbyshire Music Partnership
Restricted
£
-
-
8,000
14,000
9,875
50,040
2,000
1,375
29,535
57,527
4,000
10,865
20,276
3,000
16,619
227,112
2023
£
2,826
5,449
8,275
2023
£
1,430
Total 2022
£
18,006
1,000
8,000
14,000
9,875
50,040
2,000
1,375
29,535
57,527
25,000
10,865
20,276
3,000
16,619
267,118
2022
£
14,391
1,171
15,562
2022
£
19

All income from investment is unrestricted.

15

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

7 Analysis of expenditure on charitable activities

Staff costs
Premises
Administration
Motor & Travel
Insurance
Bank Charges
Publicity
Artists Fees
Project Costs
Restricted expenditure
Unrestricted expenditure
Analysis of governance and support costs
AGM & Trustee Expenses
Governance
Accountancy Services
Governance
Governance costs (see note 8)
Total 2023
£
83,920
11,297
10,373
1,612
3,170
56
266
87,102
58,118
2,305
258,219
2023
£
203,556
54,663
258,219
2023
£
325
1,980
2,305
Total 2022
£
97,059
13,304
14,959
1,109
3,868
75
599
99,071
58,538
3,420
292,002
2022
£
204,964
87,038
292,002
2022
£
60
3,360
3,420

8 Analysis of governance and support costs

9 Net income/(expenditure) for the year

This is stated after charging/(crediting):

This is stated after charging/(crediting): 2023 2022
£ £
Independent examiner - accountancy fees 1,500 1,380
Independent examiner - grant audit fee - -
Independent examiner's fee 480 420

16

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

10 Staff costs,related party transactions and trustees expenses

Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs
2023
£
81,195
-
4,333
85,528
2022
£
90,094
-
4,916
95,010

No employees has employee benefits in excess of £60,000 (2022: Nil).

The average number of staff employed during the period was 6 (2022 : 7).

The key management personnel of the charity comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil (2022: £nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: nil).

11 Government grants

The government grants recognised in the accounts were as follows:

Derbyshire County Council
High Peak Borough Council
Kickstart
2023
£
32,260
3,307
-
35,567
2022
£
32,006
1,000
16,619
49,625

12 Corporation Tax

The company is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Axt 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

17

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

13 Fixed assets: tangible assets

Leasehold
improvements
Cost
£
12,848
Additions
-
12,848
Depreciation
12,848
Charge for the year
-
12,848
Net book value
-
-
14
Debtors
Fees receivable
Prepayments and accrued income
15
Cash at bank and in hand
Short term deposits
Cash at bank and on hand
At 1 April 2022
At 31 March 2023
At 31 March 2023
At 1 April 2022
At 31 March 2023
At 31 March 2022
Equipment
£
17,860
-
17,860
17,860
-
17,860
-
-
2023
£
2,365
1,840
4,205
2023
£
57,050
152,146
209,196
Motor
Vehicle
£
4,280
-
4,280
4,280
-
4,280
-
-
2022
£
10,293
1,963
12,256
2022
£
56,035
173,339
229,374
£
34,988
-
Total
34,988
34,988
-
34,988
-
-

18

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

16 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Other creditors and accruals
Taxation and social security costs
2023
£
43,455
-
43,455
2022
£
32,565
2,787
35,352
17
Analysis of movements in restricted funds
Balance at
1 April
2022
Income
£
£
Project eARTh
46,145
80,894
40th Anniversary
(1,448)
3,260
Film Cuts Club
11,404
50,540
Creative Wellbeing
7,055
-
For the love of Books
17,035
990
Music Arts Pod
6,939
5,210
Tall Tales
3,919
20,924
16,248
15,470
Young Writers' Camp
1,200
9,920
Kickstart
2,763
-
Total
111,260
187,208
Youth Arts Programme & Arts
Award
Expenditure
£
(93,815)
(7,113)
(46,661)
(883)
(15,974)
(8,377)
(19,923)
(2,741)
(8,069)
-
(203,556)
Transfers
£
-
5,301
-
-
-
-
-
(15,000)
-
(2,763)
(12,462)
Balance at
31 March
2023
£
33,224
-
15,283
6,172
2,051
3,772
4,920
13,977
3,051
-
82,450

19

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

Project eARTh
40th Anniversary
Film Cuts Club
Creative Wellbeing
For the love of Books
Music Arts Pod
Tall Tales
Young Writers' Camp
Kickstart
Total
Youth Arts Programme & Arts
Award
Previous reporting period
Balance at
1 April
2021
£
33,973
5,807
1,816
12,181
1,934
-
5,840
17,151
2,706
-
98,228
Income
£
91,803
-
9,950
5,030
6,585
25,129
9,380
4,915
16,619
227,451
Expenditure
£
(79,631)
(7,255)
(4,711)
(176)
(1,580)
(27,050)
(828)
(6,421)
(13,856)
(204,964)
Transfers
£
-
-
-
-
-
-
-
(9,455)
-
-
(9,455)
Balance at
31 March
2022
£
46,145
(1,448)
7,055
17,035
6,939
-
3,919
16,248
1,200
2,763
111,260

Name of restricted fund

Description, nature and purposes of the fund

Project eARTh

Film Cuts Club Creative Wellbeing

For the love of Books

Music Arts Pod

Tall Tales

Youth Arts Programme & Arts Award Young Writers' Camp

40th Anniversary Project

Other projects

Environmental arts and health project providing an arts programme for local people experiencing mental distress and other long term conditions.

Youth filmmaking project for young people with additional needs. Arts programme for homeless women, including women escaping from domestic violence; and women recovering from drug and alcohol problems.

Early years and families programme to support literacy and creativity in the home.

Funding from the National Foundation for Youth Music 'Fund B' for alternative curriculum music activity in a school and a pupil referral unit.

Youth performing arts programme on Gamesley and Fairfield leading to a joint Summer School and public performance. Core management and progression activities for members of the youth programme, including Trinity College accreditation, Arts Award. School holiday activity for members of the youth programme to generate creative ideas and material for use throughout the year. Commemorating our 40th year in 2019, a grant from Lottery Heritage Fund allowing us to create an archive at Derbyshire Record Office and a series of events, training and links to other projects.

Small grants for arts projects in the High Peak.

Transfers in respect of sales income earned, management and other costs agreed with funders.

20

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

18 Analysis of movement in unrestricted funds

Fund
General fund
Current reporting period
Previous reporting period
General fund
Balance
at 1 April
2022
Income
Expenditure
Transfers
£
£
£
£
95,018
34,679
(54,663)
12,462
95,018
34,679
(54,663)
12,462
Balance
at 1 April
2021
Income
Expenditure
Transfers
£
£
£
£
115,909
56,692
(87,038)
9,455
115,909
56,692
(87,038)
9,455
Description, nature and purposes of the fund
As at 31
March 2023
£
87,496
87,496
As at 31
April 2022
£
95,018
95,018

General fund The free reserves of the charity after allowing for all designated funds.

19 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Creditors of more than one year
Total
General
fund
£
-
87,496
-
87,496
Designated
funds
£
-
-
-
-
Restricted
funds
£
-
82,450
-
82,450
Total
£
-
169,946
-
169,946

21

High Peak Community Arts Ltd.

Notes to the accounts for the Year ended 31 March 2023 (continued)

20 Operating lease commitments

Operating lease commitments
Property
2023 2022
£ £
Less than one year 2,500 2,500

21 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Loss/(profit) on sale of fixed assets
(Gains)/losses on investments
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
2023
£
(36,332)
-
-
-
(1,430)
8,051
8,103
(21,608)
2022
£
(7,859)
-
-
-
(19)
2,671
9,378
4,171

22