CARTWHEEL ARTS LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 2025 Company number 2161995 Charlty number $19394
CARTWHEEL ARTS LTD CONTENT Pages Administrative informatlon Trustees. and Directors, annual report 2-11 Independent examinerfs report 12 Statement of financial activities 13 Summary Income and Expenditure Account 14 Balance sheet 15 Notes to the Accounts 16-25
CARTWHEEL ARTS LTD ADMINISTRATIVE INFORMATION DIRECTORS Namo Alyson Malach James Carey Gareth Davies Laura Broome Lauren INing Victoria Liu Victoria Greer Position AppointmentlResignation as Trustee Chair Vice Chair Treasurer Appointed July 2024 COMPANY SECRETARY Hebe Reilly KEY STAFF Sonlor staff Hebe Reilly Kan Beal Creative DirectorlCEO Managlng Dlrector Appointed November 2024 Other stsff Becky Smyllle Sue Shaw Stacey Coughlin Molly Stedman Steve Beal Bailey Leonard Ruth Flanagan Operations & Development Manager Finance Officer Project Cfrordinator, Art for Wellbeing Project Co-ordinator, Art for Wellbeing Project Co-ordinator, Stronger Communities Project Co-ordinator, Digital & Creative Health Project Co-ordinator. You Live & Learn Resigned November 2024 Resigned March 2025 OBSERVERS In their capacity as "non-voting observers" the following representatives of th8 funding bodies indicated here were entitled to attend Catherine Lee meetings of the Board Nikki Harrlson-Davles Marie-claire Daly & Hafiz Khokhar Arts Councll England Greater Manchest8r Combin8d Authority The National Lottery Community Fund REGISTERED OFFICE AND 110 Manchester Street PRINCIPAL PLACE OF BUSINESS Heywood OL10 1DW INDEPENDENT EXAMINER & ACCOUNTANTS Anaellka Gac8k MAAT Pennine Accounting Limited 109A Church Street Littleborough OL15 8AA BANKERS Co-operative Bank p5c Business Customer Services PO Box 250 Skelmersdale WN8 6WT COMPANY NUMBER CHARITY NUMBER 2161995 519394
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT The trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present their report with th& unaudited financial statements of the charity for the year ended 31 March 2025. REPORTING FRAMEWORK The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Associalion, and Accounling and Reporting by Charities.. Slatement of Recommended Praclice applicable to charities preparing their accounts in accordanc8 With th8 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition - October 2019). 08JECTIVES AND ACTIVITIES Charltable objects to promote, maintain, improve, and advance education particularly by the encouragement of the Arts; to formulate, prepare and establish schemes therefor8 and to Co-operate with other charitable organisatlons having similar objects and to establish, promote or assist such charitable organisabons. Alms Cartwheel Arts is an organisation with an impressive Irack record in devising and delivering projects whlch brlng communities together, break down barriers, and build capacity, promoting a sense of ownership and pride. Cartwheel Arts slaff and the Board of Trustees are passionate about the role Ihe organisation plays in providing opportunlties for participants who live in low-income n8ighbourhoods or belong to marginalised groups at risk of exclusion. Misslon & Vision: 'We co-create inclusive artlstic opportunities with diverse communities that enhance well-being and celebrate culture and heritag8. We call this Art for 8 Raason. Cre8tivity & culture are fundamental parts of wh81 it means to be human. Our vision is for a world Whe everyone h8s access to cr8ative, participate 8nd b81ong." Our Values are: Creativlty Integrity Resillence Collaboratlon Leadership Excellence Uslng imaglnatlon to open up new opportunities Fostering fairness and respect Buildlng sustainability through a strong, flexible and entr8pr8neurial approach Working Wlth partnero to reali¥e ahared g091s and aolutions Making a mark; visible, invigorating and confident Delivering high quality and inspiring experiences for participants, practitioners and partners Our core aim is the delivery of high-quality participatory arts projects, delivering soci81 objectives. We seek to: Share power and ownership of projects through communily engagement and collaboration with diverse participanis. Be widely known for our work around improved wellbeing, community cohesion, social inclusion and regeneration within disadvantaged communities and recognised for changing people's lives. Be recognised for our role as opinion leaders in the arts sector, uniting communities and sharing good arts practice. Demonstrate commitment to both quantitative and qualitative evaluation and provide depth and understanding of what it is we do and achieve. Reflect on our current practice and devise robust and focused strategies for engaging groups, individuals and organisations within Ih05e communities in our sphere of influence which we are not yet accessing. Embed and demonstrate equality, diversity and inclusion in all that we do We use a wide range of media to initiate, and respond to, project opportunities in Rochdale and surrounding areas, as well as promoting the development of Ihe arts and examples of good practice across the North West.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT ActSvltles Stron er Communities Collaborative and place-based, this programme uses a hyper-local approach, driven by LSOA data to engage communities in high quality cultural experiences that take place on their doorsteps. Art for Wellbeln Previously 'AII Well & Good,, Art for Wellbeing delivers creative activities that support heallh and wellbeing with all ages from 2- 102. This includes regular visual arts and creatlve courses for adults in Heywood & Deeplish. alongside work with young people in schools across GM. and within Rochdale with schools and Early Years & Help. You Live & Learn Our learning programme emphasises leaming by doing, improving skills and employability. We now offer a growing range of training opportunities, particularly in arts and health contexts. These are all underpinned by 3 core commitments to: Antl-Dl3crlmlnatlon Ensuring all activity is designed, planned and delivered through an anti-dlscrimlnation lens, with the aim to Increasing access and inclusion, including. but not exclusive to the Equality Act 2010 protected characterlstics and socloeconomic status. Environmental Res onsibillt Reflecting on the environmental impact of projects with a view to reducing our over811 environment81 Impact, alongside promotlng environmental themes through a range of creative outputs. DI Ital Incluslon Providing opportunlties for communltles to develop new digital skills. 8ngag8 With new t8chnology and onlin8 platforms. Publlc beneflt Everythlng we do Is deslgned lo achleve posltlve outcomes for local communities and partlclpants. Every project must deliver outcomes under one or more of these headings.. O More Cohesive Communities rf Improved Health and Wellbeing rf Greater skills and employability rf More Involved and Engaged Young People In shapSng our oblectlves for the year and plannlng our actlvlties. the Trustees have consldered th8 Charlty Commlssion's guldance on public benefit, including the guidance 'public benefit: running a charity IPB2>'. Cathheel Arts relies princlpally on grants to cover ils operating costs, but because of the continued erosion of local authority funding and the pressure on grants from charltable trusts. we are looking lo Increase the income from contracts, fees and charges. The overwhelming majority of the work we do is fro0 at thè point of dolivory and will romain so, and will continue to be provlded for. and In partnership with, beneficiaries who experience poverty. mental ill-health, racial inegualities. forced migration and other marginalised groups. Contrlbutlon of volunteers Volunteers will continue to make a significant contribution to our project work. This year we engaged 18 volunteers, who contributed a total of 302 hours. Some volunteers supported 1-day events such as the Darnhill Festival and the Impact Conference whilst others worked alongside the Craftlng Heritage and Zinda Dll projects, regularty attendlng sessions. as well supporting with office administration. The incluslon of 0.5 hours per week dedicated time by the You Live & Learn Coordinator has supported the development and retainment of volunleers. We thank and recognise our volunteers on an ongoing basis, issuing vouchers and Certificates of Achievement when milestones such as 25, 50 or 100 volunteering hours are reached. Staff team We continue to employ a core team of 7 sLgff members. and this year we said goodbye to 2 of our longest serving team members: Operations & Development Manager, Becky Smyllie resigned in November 2024 Finance Officer Sue Shaw retired in March 2025. We had support from long-serving freelancer Jo Edmondson whllst we recruit8d for a new Finance Officer
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT We welcomed a new Managing Director, Karen Beal in November 2024, a new senior leadership role with more strategic responsibility, to increase the capacity of senior leadership. ACHIEVEMENTS AND PERFORMANCE In 2024125 we delivered 28 projects {2023124- 35, 2022123 - 40) and contracted 89 artists and arts organisations (2022123 80, 2021122- 52). We delivered 244 sessions (2023124 - 127, 2022-23- 180) to 4,358 participants with 5.336 attendances. This includes: 28 participatory projects, reaching 2.056 participants and 3,021 attendances 7 public events or exhibitions, including th8 Darnhill Festival and our 40th Birthday IMPACT Conference, reaching a total of 18.436 audience members We distributed 98 Little Artists Packs to early years and families with experience of forced migration We delivered 19 volunleer, practitioner and staff training or networking events, including 6 Rochdale Borough Culture Network Artists Socials, reaching 406 people We collaborated with a range of partners including the Feel Good Family Picnics, Royal Exchange Theatre and Heywood Christmas Light Switch On to reach 1,827 people through one-off creative outreach workshops. Income increased from £399,827 to £488,889. while the charlty reported a surplus of £50,327 of Unrestricted Funds. This is our second year as part of the Arts Council England National Portfolio (since 2008), which has contributed lo our sustainability, along with funding from, amongst others, the Greater Manchest8r Combined Authority, National Lottery Know Your Nelghbourhood & Heritage Lottery funds and Rochdale Borough Council. ARTISTIC PROGRAMME 2024125 Stronger Communltles Darnhill Festival returned to its full-scale celebration, wilh 'Sea4rching for Safer Planets, inviting attendees to travel through space via our parade and 'land' in Damhill lo explore safe and sustainable new habitats. Pre- festival workshops took place at Heap Bridge Primary (50 participants), St Margaret's Prlmary (59 participants), Our Ladies & Sl Paul's Primary School (60 participants), Brownhill Learning Community Centre (12 participants), Rochdale Connections Trust (12 participants) and Rochdale Youth Service (14 participants). You can vi8w the film here.. htt s'.Ilwww. oulube.comlwalch?v= 6blSQ1 bifo 'Reclaim the Space, {RtS}- a hyperlocal project aimed at improving spaces and plac8s via creativ8 consultation and activity reached 250 people across 33 sessions & 2 Cel8bration Events In Milkstone & Deepllsh, Spotland & Falinge and Damhill (all areas that rank in the top 100/0 most deprlved nationally). You can view the Evaluation Film created here.. hlt s.'Ilwww. outube.comlwatch?v-Z03ZCPCzrRM&t-473s F881 Good Family Picnics- we supported RBC'S 4-cross borough free family festivals, engaging 1,688 participants across 4 dlfferent participatory arts activltles. Violence Reduction Unit- we partnered with the new Active & Creatives Damhlll Communities Alllance to deliver an ongoing Artist in Residence provision at their weekly Youth Drop-ln, and run rnonthly Young Producers activities. A total of 87 young people engaged across 19 sessions. Art for Wellbelng 'Zinda Dil l Lively Heart, group for women aged 50+ predominately of Pakistani, Bangladeshi and other South Asian h8ritag8 in partnership with Deepllsh Community Centre. We began work on an Art Almanac, observing th8 seasons and natural environment, in partnership with the Deeplish Playscheme- this project Is expected to finish in Summer 2025. Art & Soul- ongoing, weekly provision for adults in Heywood who experience mild to severe mental health conditions such as schizophrenia, bi-polar & OCD. This year their work focused on the themes of 'Reminiscence' and collectively they created a series of postcards celebrating Wellbeing that were shared across Heywood. A collection of the groups, artworks were shared as part of Ihe Culture Co-op's Outdoor Gallery on the hoardings outside the Heywood Civic Centre. attracting over 8,000 visitors. Little Artists- early years Grealive sessions & resource pack for refugee & asylum-seeking families, cared for children & Gypsy Roma Traveller communities in Rochdale & for 8arly years in Bury in partnership with Eagles Wing's. 8 sessions delivered with 80 children and families. Art2 Coffee mornings - in partnership with Rochdale Borough Council we dellver creative activities for people with experience of forced migration Our Wellbeing Dominoes bridges our Art for Wellbeing and You Live and Leam strands. Wellbeing Dominoes is a co- produced well-being intervention that uses a variety of visual arts activities to explore the 5-ways-tfywell-being.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT In 2024125 we trained 17 delegates across 2 Wellbeing Dominoes sessions in partnership with Ro¢hdale Borough Council. You Llve & Learn Crafting Heritage- we supported 5 individuals with experience of forced migration through a pald traineeship. developing their unique heritage craft skills. and disseminating learning to 60 children in partnership with Rochdale Borough Council and 4 local primary schools We delivered a range of training events including Transitions., Storytelling & Communication in partnership with the LCEP; Culturally Sensitive Practice in partnership with the University of Manchester and Art for Wellbeing: The Practice Tralning with Z-Arts and Myriad Impact Conference To celebrale Cartwheel's 401h Birthday we delivered an IMPACT.. Reflect and Respond Conference. 73 delegates attended the day, which included presentations from Cartwheel's Director Hebe Reilly, Chair Alyson Malach, and partner Sohail Ahmad IDe6plish Community Centre). Workshops on Sustainability & Self Care, Culturally Sensitive Practice, Environmental Responsibility and Collaborative Music approaches wer8 delivered by our Art for Wellbeing team and partners. Thanks to funding from Creative Manchester, we offered a series of short academic presentations, and the event was closed by a brilliant performance from poet Tony Walsh. The delivery of this conference, at the People's History Museum, with funding secured from the Universlty of Manchester, and with artists such as Tony Walsh - all nationally recognised inslitutions, is a huge stride forward in our ambitions to be known as sector leaders in Arts, Health & Partlcipation. Attend8es all recognis8d the contribution Cathheel has made, both the profound difference on a hyperlocal scale with the individuals and communities we work with. but also our contribution lo the community and participatory arts developments over the past 40 years. Antl-Dlscrfmlnatlon Our Antl-Dlscrlminatlon statement is available on our website, and our Anti-Discrfminatlon Action Plan Is updated r6gularly at bi-monthly team meetings and reviewed quarterly at Board task groups and full Board Meetings. In 2024125 we comp181ed 12 of our 16 overall action headings of our plan in full or in part leach action has several points listed as part of the complete aclionl. This included Personal learning {2), Staffing13}, Marketing (1), funding141, Networks14), Training151. We held two Safe Space Plus sessions an opportunity for freelance practitioners to connect with our Trustees, without staff present, to gather leaming and inform our Anti-Discrimination Action Plan. The full slaff team, plus freelancers, attended Anti-Racism Training in 2025.Recognising thal our learning and commitmenl to Anti- Discrimination is on-going, other actions have been carried over into our updaled plan for 2025126. This includes our commitment lo staff taking the Harvard IAT Implicit Bias Tasls ovary quarter, and continuing our journey in Gultural compelency. In lotal 9 Actlon Polnts have been recognised as needing to be progressed with 26 OnoIng. Envlronmentsl Responslblllty Our Environmental Action plan is updated regularly at bl-monthly team meetings and reviewed quarterly at Board task groups and full Board Meetings. In 2024125, we strengthened our governance and training around environmental responsibility. We continue to employ Molly Stedman, Art for Wellbeing Coordinator for an extra 3 hours per week as our Environment Officer, embedding suslainability across the organisation. Trustee, Vicki Greer, became our Arts Council Environmental Represenlalive on the board. Vicki and Molly delivered environmental training to staff and trustees at our annual away day. Molly facilitated an environmental Iraining s8ssion for our freelance artists, 8mb8dding sustalnable practices across our wlder network. We started to measure our organisational carbon footprint using Julie's Bicycle Creative Climate tools, creating a baseline for future carbon reductions. We developed an environmental risk assessment for projects which was shared with freelancer staff. We have provided Green Travel guides to ttvo Cathheel Arts events. We have continued involvement in environmental networks GMAST and th8 Fit for Future neork, and Molly attends environmental events where possible, including Rochdale Creates, Environmental Responsibility Day and the Greater Manchester Green Summit. Our commilment to sustainability is ongoing, and we aim lo integrate environmental awareness into all areas of our work - from our premises management to our programme and project delivery. We will continue to develop and refine our environmental strategy, with updates to our environmental action plan and public-facing materials (including web pages) in progress.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT The artists - u dat•d 30105125 Cartwheel worked with 89 artists and arts organisations during 2024125. This included.. A Brilliant Thing CIC; Abdur Rehman Hussain., Afrocats. Alx Creations. Amina S. Art & Design., Anjum Malik; Anna Harrison., Ben Tumer.. Bilal Zafar Ranjha., Blessing Wheto Ogunjimi. Brave Day Productions., Breaking Barriers. Cara Looij,. Caroline Daly; Creative in Nature. Danie51e Lovett., Danny Henry,. David McFarlane' Debbie Goldsmith. Deepa Parmer; Designidge,. DIY Theatre Company; Dundas Digital., Elaine Fox., Ex Pix,. Fools Paradise., Gemma Hemmingway.. Gemma Lees.. Gemma Wrigley., Gil Burns; Gloria Saya; Howley Creative Development" Jo Foley., Josephine Hepplewhite,. Judy Alderson; Karen Rogers,. Laura Sutcliffe-Tasker,' Lauren Ellis-Str8tch' Liane Lees., Liz Mytton.. Lubna Ali: Lucy Holland. M6 Theatre Company; Mahboobeh Rajabi; Manchester School of Samba,. Mandy Beck-McKim' Narissa Cargill Thompson. Nazia Sultana,. Nick Farrimond; Nicola Schofield; Oliver Bishop (Yan Tan Tethera); Paige Steers. Rahela Khan; Razwan Ul-Haq', Robin Lyons.. Rosanne Goh" Rosheen O'Hanlon', Salma Khalid., Samiyah Fiaz; Sarah Keeler Dawson,. Seamus M Kelly., Seamus M K811y', Shamila Irim., Skylight Circus Arts.. Sue Fletcher. Tony Walsh., The League of Curiosity; TIPP., Travelling Light Circus- Ushiku Crisafulli., Vanina Yanez.. Valeriia Lukianels and Vixfacepainling. Supported through Rochdale Borough Culture Network and Llve Well Make Art We administered funding and small grants schemes for Rochdale Borough Culture Network. We supported 4 artists or organisations to receive Match Funding for Arts Council England Project Grants applications, and 10 artists, cultural and voluntary organisations received funding from Small Granls Pot (maximum of £800 each). We administered 2 x rounds of GM Arts Bursaries, supporting 12 artists with a bursary of £250 to increase access to artistic development and opportunities. and supported 7 freelancers to access Carbon Literacy Training. We Conlinued adminisl8ring the Live Well Make Art network, hosting a new web-page and blog on our website, and curating regular newsletters to 357 subscribers (310 in 23124). Student Plac6rn•nts 1 student, Jasmine Bamber joined us from Pinc College, supporting us with the Crafting Heritage project, as w8118S general office admini5tralion and dats entry. Academlc Research Cartwheel's work, and the volces ofsom6 of our Art for Wellbeing freelance term were Included Sn the 'Explorlng Arts-Based Participatory Research Approaches in Cultural Partnerships with Creative Manchester. publication, written by Prof John McAultffe, Dr Leandro V81iali, Dr Henry McPherson and Dr Tessa Harrls.. hlt s'.Ildocurnents.manchester.ac.ukldis la .as x?DoclD-75233 We produGed 'A Hopoful Day. a Summary of the work conduetèd through th@ UKRI funded Unlverslty of Manchester led Organisalions of Hope project, of which Hebe Reilly was a Co-lnvesligator, and Cartwh881 a lead partner.. hlt s'.Ilwww.cathheelarts.or .uklarticlela-ho eful-da Hebe Reilly has joined the Creative Manchester Advisory Board FINANCIAL REVIEW Overvlew Income increased from £399,827 to £488,889 and the company recorded a surplus on unreslricted funds of £50,327. We hold £105,000 in Designated ReseNes, which includes £15,000 of core funding received from Garfield Weston Foundation for Ihe period January 2024 - December 2025; £20.000 for the Office Relocation, scheduled for 25126., and £70,000 which represents 3 months running costs. This was our second year as a National Portfolio Organisation with the Arts Councll England (since 2008), and we continue lo receive core funding as part of the GMCA Culture Portfolio. Other funders include the National Lottery Know Your Neighbourhood Fund, funding 2 years of Reclaim the Space, Guinness Partnership. National Lottery Heritage Fund Rochdale Borough Council. Garfield Weston, Aclion Together and Bury Council. We generated £73,680 in sales and earned income, including our partnerships with the University of Manchester and Rochdale Borough Council. Rlsk management The charity maintains a Rlsk R8gister which covers matters including govemance, 18gislation and compllance. succession planning, finance and funding, operational matters, partnerships. reputational risk, and premises. The Risk Register is reviewed at each Board meeting and updated accordingly.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT Staff wellbeing and retention are a high priorily for Ihe organisation. as is the need lo secure future funding remains high risk for the organisation, though 2 multi-year funds secured until 2026, along with the proposed extension of NPO funding to 2027 or 2028, reduces the pressure slightly. Trustees must however ensure that the charity accesses adequate sources of funding and is looking ahead. General Data Protection Regulations We continue to refine our approach to GDPR, with locked filing cabinets and the steady destruction of sensilive materlal according to our document destruction schedule, part of our Informalion Governance procedures. We have a contract with Emerge Recycling for confidential shredding and made great strides this year in filing and destroying documents from the office. The Ninox datsbase has reduced the need for additional paperwork. There were no data breaches requiring action in the year. Invastment policy and revl8W The charity does not have investments as such. We have two bank accounts. Our current account is with the Cooperative Bank. We have a deposil account with Virgin, though interest rates are now negligible. We separate our funds to take advantsge of the £85,000 governmenl Insurance policy in the event of either bank failing. Reserves The Trustees would1Ske the charity to hold Designated Reserves equivalent to three months of the core running costs, which equates to approximately £70,000. The trustees consider that this level would provide sufficient funds to maintain the Ofganisalion if it lost its core funding. For prudence reasons, they consider that this amount should be held as designated to ensure that it will be available if needed. The Designated Reserves this year stand at £105,000, with includes £70,000 representing 3 months running costs. £20,000 for the office relocalion, and £15,000 of Garfield Weston funding to be used for core activities in 25126. The free reserves stand at £29.952. The trustees conslder having this cushion as reasonable considerlng the current cllmate. In line with our risk mitigation strategy, these unrestrlcted funds may be allocated to shortfalls in funding to safe-guard and support the organisalion to build resilience in changing circumstances. This will ensure that we can con-tinue to provide consistent and impactful activity for our beneficiaries. Our reserve levels and policy will be reviewed by the management committee on a quarterly basis. Golng concern We are fortunate in having a broad spread of income sources. We have recorded a surplus in each of the 5 previous financial years (2021-2025) which is a welcome change from the losses recorded prior to Ihls. Whilst this years, surplus is small, we are in a strong position wlth £25,000 secured in Deslgnaled Reserves. Our status as both a National Portfolio Organisalion with Arts Council England, and Cullure Portfolio with Greater Manch8sler Combined Authority contribute5 sionificantly lo our core costs. coverin9 0 portion of staff salaries and overheads. Other funds are raised through our mixed mo¢Jel approach - through fixed cost recovery on project funding as well as earned income and some donations. We generated £73,680 In Earned Income with commissions from Rochdale Borough Council for a range of projects supporting children's wellbeing including Wellbeing Dominoes, Feel Good Family Picnics and Flux Resources, our new partnership with the University of Manchest8r's Creative Manchester provision and work in partnership with the Local Cultural Education Partnership {Create Rochdale). Business sustainability is key for the organisation, and we recognise the pressures that the current inflation and cost of living crisis are having on funders. as well as staff and participants. With approximately 400A of our core costs covered by the NPO & GMCA funding, we will continue to look for funding opportunities, seeking replication of existing products and delivery approaches where possible, and to invest in developing our Eamed Income strand to ensure we are resilient and self-suslainable into the future. FUTURE PLANS In 2024125 we published a new, 6-year Business Strategy, which outlines our vision and plans for the period 2024 2030. The annual Action Plan has been updated to set detailed targets for each year. An overview of our new business strategy can be found below:
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT Our Mlsslon Our Operatlng Prlnclpl•s Our Commltments Our vlslon Programm•s We meer peoplo Art Faf W•llb•lng CrèatNlty to support mental health and wellbeing We co-create Inclusive arti¥ci pportunities wi dlver ommunities th enhance well-being and celebrate culture and herltage. We use creariwty to SUPPCrt wèSlb•iw and •xpand horiz?n5 And. Dh¢rlmlnatlon Our vision is for a world where everyone has access and opportunities to create, participate and belong. We Ilsten. iefloa and respond to dr$e and ¢Jlffer•ntvty¢ Stron9•r Communltl HyperlrKal approach f05tering Positivè xrlal ¢ohesign Envlrom•ntl R•sponslblllty W• call thls Art for a Reason. the plaMI W• •oknat• for t•rt In p•rtKWtory• You Uv• And L••m Life-long learnlw & skills development W• arg • I•1t and sustainJbl• Cartwheel Olglt•l Ineluslon Our Anti-Discrirnination Statement and an accompanying Action Plan highlights all the initiatives we intend to take in terms of governance and the artistic programme to actively combat systemic inequality. It is a living document whlch is constantly developing. Any project musl be assessed in terms of the benefit it will bring to the struggle against discrimination. We will also be reviewing all our activities and those we commission in the light of the ongoing climate emergency. The climale crijia is of urgent GonGem, and we continue to employ Molly Stodman, Art for Wallbèing Coordinator for an extra 3 hours per week as our Environment Officer, embedding sustainability across the organisatlon. Our long-term asplratlon is to emerge as a leader In arts, health and participation, across the North W8St and nationally. Our 40 blrthday celebrations and Impact Conference was a chance to reflect on the changes in arts. health and participation, and reflect on how w8 may move forward. in partnership wlth peers, partlclpants and communities. STRUCTURE GOVERNANCE AND MANAGEMENT Governlng document The charity is a company Ilmlted by guarantee govemed by its memorandum and articles of associalion dated September 7 1987, as amended by special resolutions dated November 23 2010 and November 21 $1 2017. It is a registered charity with the Charity Commlssion. The Trust88s of th8 Charity land Directors of the company) are also the members of the company. Appolntment of trustees One-third of Ihe Board of Trustees retires each year. (those who have been longest in office), but retlring Trustees are eligible for reolection, for a maximum of three terms, or nine years. After that, Trustees may still be elected on an annual basis, providing 75Q/o of their fellow Trustees support the application. The Board may appoint Direclors to fill casual vacancies. The Directors have no beneficial interest in the Company and are not usually rernunerated for any of the services they provide as Directors of the Company.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT The Directors who served during the year logether with any changes are listed on page one of the Annual Rep)rt. Our Chair, a Trustee since 2007, and Chair since 2018 was re-elected at the AGM in November 2024, for an additional 12-month term, in line with Article 18.3 of our Constitution. Trustee induction and trainlng New directors are provided with an infomiation pack and briefing on the work of the organisation and attend an information session ellher online or at Cathheel's offices. We feel that it is important that Trustees understand the nature of the work we do and our extremely modest circumstances. New trustees are briefed on Iheir legal obligations under charity and company law, the Charity Commission guldance on public benefit, the content of the Memorandum and Articles of Association, the Task Group structure, the business plan, funding, etc. They are presented with recent publications, reports and publicity materials. Trustees are encouraged to attend external training events to enhance their understanding of their role, such as those provided by local voluntary sector organisations. Organlsatlon The Board ofTrustees has a maximum complement of 12, though we have never had more than 9 Trustees. The Board meets 4 limes per year, plus an annual Awayday and the AGM. This year, we had our four USLJal Task Groups - HRIPolicies, Financ8, Engagement & Communication and Premises. Trustees ar& expected lo serve on at least one Task Group, which are composed ofa comblnation ofTrustees and staff. Task Groups meet in between Board meelings to consider relevant matters and make recommendations to the full Board. The Director is appointed by the Board and has some delegated authority for operational matters within strict frameworks, such as the scheme of financial delegation. Pay and remuneratlon for $8nlor staff The salaries of all staff are set with regard lo the going rate in the sector at any given time and all are currently Ilnked to points on the JNC scale. The core team consisted of the Director, Operalions & Developmenl Manager (until November 2024) and then a new Managing Director (since Nov 2024), Finance Officer, and Admin & Comms Officer (until D8cember 2023). During the year there were five project focused posts (including 1 job share) Art for Wellbeing Coordinator held by Stacey Coughlin & Molly Stedman O'ob share. fixed term until the end of the GMCA funding - 2026). Stronger Communities Coordinator Steve Beal (fixed term. unlil the end of NPO funding - 2026) Project Worker held by Bailey Leonard (pemianent) and You Llve & Leam Coordlnator, Ruth Flanagan (flxed tenn, until th8 and of HLF funding 20251. Prior to 2023 all staff were on permanent contracts. however, in 2023124 it was agreed that new staff members would be conlracted until the end of Ihe relevant funding was secured, which is now reflected in new staff contracts. This will be reviewed on an on-going basis and further funding for the full company will continue to be sought. Staff salaries in 2024125 w8re reviewed by ihe Board in April & a 40/0 pay rise awarded. Thls decision was made in light of bolh th8 core funding success and the Cost-of-living crisis. Salary18v8ls in general are reviewed by the Finance Task Group and any recommendations must be approved by the Board. Related partles We maintain a register of interests which lists all the relevant interests of our Trustees. including other directorships, membership of Boards ofTrustee5 or Management Committees of other voluntary organisations, school governorships elc. Any connection between a Trustee of the charity with a contractor engaged by Cartwheel must be disclosed to the board of trustees in th8 same way as any other contractual relationship with a related party. A Trustee was pald a totsl of £813 to deliver a one-off training session in 23124. This work was approved by the remaining Trustees. in line with Article 6 of our Constitution. The fee paid was in line with standard rates for equivalent training. Collaboration with our Communities and Partners Cartwheel works closely with a wide variety of other charities. arts groups. educational bodies, community organisations and social enterprises. Somatimes this cooperation is formal and guided by contracts or memoranda of understanding, but often it is more informal. Our longest association is with Darnhlll Fostlval Assoclatlon, themselves a registered charity, with whom we jointly organise Darnhill Festival. The DFA own the title to the festival and contract Cartwheel so far on an annual basis to proj8Ct manage the event and the educational programme leading up to it. They also organise on thelr own account a series of smaller events through the year which ar8 essentially fundraising events.
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT Connected with this is a relationship of equal length with Gulnness Partnershlp, the social landlord on the Darnhill estate. who continues lo support our work. more recently focusing on our Young Producers offer in partnership with Rochdale Youth Service. Thanks to funding from the Violence Reduction Unity, the Active Creative Darnhill Communities alliance was formed in 2024 b&een Caheel, Your Trust, Culture Co-op, Rochdale Conneclions Trust, Maverick Lab CIC and Theatre in Flow, with the aim of reducing violence and improving quality of life for young people on tha 8stste. Art for Wellbeing began as a fomal written partnership between Cathheel. YourTrust (formerly Llnk4Llfe) and Rochdale Mind. We contlnue to work regularly with both organisations and through Art for Wellbeing we have gone on to develop working relationships with over a dozen organisations, notably Motiv8, Pennine Care NHS Foundation Trust and Turning Point. We continue lo partner with Deepllsh Community Centrè with whom we have delivered weekly Art for Wellbeing sessions with their group for women aged 50+ of diverse South Asian heritage, now called 'Zinda Dil.; a series of workshops and a Celebration Event for Reclaim the Space, and partnered wilh Deeplish to celebrate their 251h anniversary through a Heritage project. This year we have also worked closely with Maverlck Lab CIC with whom we have jointly delivered the Reclaim the Spac8 project in Spotland & Falinge. Networks Rochdale Borough Culture Network We continue to lead the RBCN and to administer the RBCN pots of funding. Thanks to additional funding leveraged through the Rochdale Development Agency, and some strategic developmenl work on our part, the network has expanded over the past year and now consists of a Capacity Circle, comprised of NPO'S and larger arts organisations; a Steering Group off8ring 6 fr881ance or independent crealives a stipend for attending. 6 x bi-monthly Artist Soclal events each year, 1 x freelance Coordinator to add capacity and dlsseminated 3 x grants pots including the Arts Council Project Grant Match Fund. a Small Grants pot, and 2 x GM Arts Bursaries. Hebe, as Chair of RBCN continues to slt on the Rochdale Borough Councll Cultural Compact, connectlng with other partners in the borough and across GM. Heywood Town's Board Hebe sits on the HeOod Town's Board - which acts as the governing body for the £20 million of central government funding intended to supporl the communities of Heywood over the nexl 10 years. Creative Manchester Hebe Reilly has joined the Creative Manchester Advisory Board. partnering with a range of GM-Arts organlsations. and the University of Manchester, and we have a formal partnership agreement with Creative Manchester. who supported our 401h Annlversary Conference In October 2024. Llve Well Make Art We continue to administ8r Live Well Make Art, and, thanks to a successful partnership funding application from GMCA & NHS GM, we have secured a contract lo continue to deliver this neork, including in-person neOrkIng and training events until 2027, albeit wilh a new name and re-brand change scheduled for early 2025126. Artschaln Following the departure of volunteer Gerri Moriaty from Ihis voluntary neork. the decision was made in 2024 to pause the regular meet ups. We continue to slay closely connected to many of the arts and cultural partners. Staff also attend the Action Togeth8r's networks including Refugee and Asylum Seeker Network {Ruthl, the Health & Wellbeing Network (Staceylmolly), Create Rochdale (the Local Cultural Education Partnership) (Steve) and the Action Together Heywood networking events {various staffj. We are part of the following Gm-wide networks: Greater Manchester Arts Sustainability Team (Molly). TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The truslees (who are also directors of Cartwheel Arts Ltd for the purposes of company law) are responsible for preparing the Truslees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {Unit8d Kingdom Generally Accepted Accounting Practice). 10
CARTWHEEL ARTS LTD TRUSTEES ANNUAL REPORT Company law requires the trustees to prepare financial statements for 6ach 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, oflhe charitable company forlhat period. In preparing these financial slatements, the trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charilies SORP (FRS 102) (second edition - October 2019): make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Stsndards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in operation. The Twstees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of th@ charity and to enable them to ensure that Ihe financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable Steps for the prevention and d8tection of fraud and other irregularities. SMALL COMPANY PROVISIONS AND APPROVAL The above report has been prepared in accordance with the provisions appllcable lo companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance wlth the Charities SORP (FRS 102). Approved by the Board of Trustees and slgned on its behalf by: Alyson R Molach signed on 1011212025, 09'.56'.24 GMT Ajyson Malach- Chalr 1011212025 Date: 11
CARTWHEEL ARTS LTD INDEPENDENT EXAMINERS REPORT Independent Examlnerfs Report to the trustees of CARTWHEEL ARTS LTD I report to the charity trustees on my examination of the financial statements of CARTWHEEL ARTS LTD for the year ended 31 March 2025. Responsibilities and basls of report As the charity's trustees of the company (and also its dlrectors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20061'lhe 2006 Act). Having satisfied myself that the financial statements of the Charity 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 your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying oul my examination I have followed the Directions given by the Charity Commission under section 145{5) {bl of the 2011 Act. Indep•ndent examln•r's statemont As the Charity's gross income exceeded £250,000 your examiner must be a member of a body Ilsted In section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member of The Association of Accounting Technicians, which is one of the listed bodies. I hav8 compl8ted my examination. I can confirm that no material matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in accordance with 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 under section 396 of the 2008 Act other than any requirement that the financial statements give a 'true and fair, view which is not a matter considered as part of an ind8pendent examination; or th8 financial stat8ments have not b8en prepared in accordance with the methods and principles of th8 Statem8nt of R8commend8d Practice for accounting and reporting by charities applicab18 to chariti85 preparing their accounts in accordance with the Financial Reporting Standard 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 report in order to enable a proper understanding of the financial statements to be reached. Angelika Gacek MAAT Pennine Accounting Limited 109A Church Street Littleborough Lancashire OL15 8A4 Date..
CARTWHEEL ARTS LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Funds Restrlcted Funds Total Funds Income and Endowments Notes 2025 2024 2025 2024 2025 2024 Donations and Legacies 213,250 200.518 213,250 200,548 Charitable Activities 73,680 60,095 200,445 138,354 274,125 198,449 Investment Income 860 1,514 860 Total Income 288 444 261,473 200,445 138 354 488,889 399 827 Expendllure Expenditure on Charitable Activities 238,118 241,083 203,807 77,884 441,925 318,967 Total Expendlture 238 118 241,083 203 807 441925 318 967 N•t Incomel{Expendlturo) Transfers behveen Funds Net Movement In Funds Reconclllatlon of Funds Total Funds Brought Forward 87 652 27 182 172277 Total Funds Brought Forward 64,235 87 652 27 182 172 277 Total Funds Carrlod Foard 219 241 172 277 13
CARTWHEEL ARTS LTD SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Income 487,375 398,967 Interest and investment income 1,514 860 Gross Income for tho year 488 889 399,827 Expenditure 441.925 318,967 Total oxpendlture for the yoar 318,967 Net income before lax for th8 year 46,964 80,860 Net Income for the year 46,964 80,860 14
CARTWHEEL ARTS LTD BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 202S Company No. 02161995 Fixed Assets Tangible Fixed Assets Note3 10 2025 2024 Current A88ets Debtors 11 30,023 1,687 Cash and Cash Equivalents 12 266 216 221,152 296,239 222,839 Creditors amounts falling due within one year 13 76,998 50,562 Net Current As8et81(Liabilltie8) 219 241 172 277 Total Assets less Current Llabllltles 219,241 172,277 Creditors: amounts falling due after more than on8 year 14 Net Assets 219 241 172 277 Funds of the Charlty Restricted Funds 84.289 87,652 Designated Funds Unrestricted Funds 105,000 29,952 10,000 74,625 Total Charlty Funds 219 241 172,277 These accounts have Oeen prepared In accordance wlth the speclal provlslons of Part 15 of the Gompanles Act 2006 relating to small companies. For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 01 November 2025 And signed on its behalf by.. Alyson R Malach 6fv1RIIUèk09.56.24 GMT Chair 1011212025 Date........................ 15
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies Basls of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities prepaflng their accounts in accordance with the Financial Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2015) - (Charilies SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Changa In basis of accounting or to prevlous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accountlng Unrestricted funds These are available for use al Ihg discretion of the trustees in furtherance of the general objects of Ihe charity. Designated funds Revaluation funds These are unrestricted funds 8armarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Incomg Recognltion of income Income is included in the Statement of Financial Activities (SOFA) when the charlty becomes entitled to, and virtually certain to receive, the income ancl the amount of the income can be measured with sufficient reliability. Where income has related expenditure the income and related expenditure is reported gross in the SOFA. Voluntary income received by way of granls, donations and gifts is included in the the SOFA when reGelvable and only when the Charlty has uncondlllonal entitl8m8nt to the income. Income from tax reclaims is included In the SOFA at the same time as th8 giftldonalion to which it relates. These are only included in income {with an 8quivalent amount in expenditure) where the benefit to the Charity is reasonably quanlifiable, measurable and material. The value of any volunteer help received is not included in the accounts. This is included in the accounts when receivable. This includes any gain or loss resulting from revaluing investmenls lo market value at the end of the year. ncome with related axpenditure Donations and 1ogaGle3 Tax reclaims on donations and glfts Donated services and facilities Volunteer help Investment income Gainsl(lossesl on revalualion of fixed assets Gainslllosses) on investment assets This includes any gain or loss on the sale of investments. 16
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Expendlture Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. These comprise the costs associat@d with attracting voluntsry Income, fundraising trading costs and investment management Costs. These comprise the costs incurred by the Charlty in the dellvery of its activltles and services in the furtherance of its objects, includlng the making of grants and govemance costs. All granl expenditure is accounted for on an actual paid basis plus an accrual for grants that have be8n approved by the trustees at the and of the year but not yet paid. Th8se include those costs associated with meeting the constitutional and statutory requirements of Ihe Charity, including any audivindependent examination fees, costs linked to the strategic management of the Charity. together with a share of other administration costs. These are support costs not allocated to a particular activty. Expenditur8 on raising funds Expenditure on charitable activities Grants payable Governance costs Other expenditure Taxatlon The charity is exempt from corporation tax on its charitable activities. Tanglblo flxed assets and depreclatlon Ass8ts costing less than £500 Iprevlously £1,000 until 3113123> are not capitallsed but wrltten off to revenue In the year of acquisition. Depreciation is provided at the following annual rat6s in order to write off each asset over its 8Stimat8d US8ful life.. Fumlture and office equipment Projecl and computer equipment 25°A Stfaight line 25°/o Straight line Intanglbla flxed a$$et8 Intsngible assets costing more than £500 are capitalised. The charity's webslte Is ciasslfled as an Intangible fixed assel and the cost5 of its development have been c8pilali3ed. Website depreciation (5 years) 200/0 Straight line Trade and other debtors Trade and other debtors are recognised at the settlemenl amount due after any Irade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Cash and cash equlvalents Cash and cash equival8nts comprise cash at bank and on hand, demand d8POSlts with banks and other short-lerm highly liquid investments with original maturities of three months or less and bank overdrafts. In th8 Stalement of financial position, bank overdrafts are shown within borrowings or Gurrent liabilities. In the Statement of Cash Flows, cash and cash equivalenls are shown net of bank overdrafts that ar8 repayable on demand and form an integral part of the company's cash management. 17
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Trade and other credltors Short temi creditors are measured at the transaction price. Other 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 b8 m8asured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the rlsks and rewards of ownership to charity are classified as operating leases. Assels held under financ818as8s are Initlally recognised as assets of the charity at their fair value al the inception of the lease or, if lower. at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease paymenls are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constanl rale of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, In which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operatlng lease payments are recognlsed as an expense on a straight-line basls over the lease temi. In the event that lease incentives are receiv8d to enter into operating leases, such Incentives are recognised as a liability. The aggregate benefit of incentives Is recognised as a reduction of rentsl expense on a straight-line basis. Penslon costs The charity operates a defined contribution plan for Its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Onc8 the contributions have been paid the company has no further payments obligations. The contributions ar8 recognlsed as exp8ns8s when they fall dug. Amounts not paltj are shown in accruals In Ihe balanc& sh89t. The assets of the plan are held separately from the company in independently administered funds. Recelpt of donated goods, facllltles and servlces All donated goods, facilities and services received are recognlsed wlthin Incomlng resources and expenditure at an estimate of the value lo the chaflty. Company stalus The company is a private company limited by guarantee and consequently does nol have share capltal. 18
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES Unrestricted Funds Restricted Funds 2025 2024 Total Funds 2025 2024 2025 2024 Grants and Donatlons Garfield Weston 20,000 5,000 20.000 5.000 GMCA- Culture Portfolio Rochdale Bomugh Council Arts Council- National Portfolio Organisation Guinnass 33,000 33,000 33,000 33,000 450 450 157,930 157,930 157,930 157,930 4.500 4,500 Donations- General 88 1,870 88 213 250 200 518 213,250 200 518 CHARITABLE ACTIVITIES Stronger Communities Arts for Wellbeing 4a 93,449 65,505 93,449 65,505 4b 54,700 26,679 54.700 26,679 You Live and Learn Earned Income 4c 52.296 46.170 52,296 46,170 4d 73 680 60,095 73,680 60,095 200445 138354 274125 198449 4a Slronger Communltles Partner Match Income {ACEI National Lottery 27,947 30,853 35,506 19,892 Bolton CVS 15,000 Guinness Partnership 10,000 g,000 Rochdale BC 4,996 4,500 Others 1,260 19
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Funds Restricted Funds Total Funds 2025 2024 2025 2024 2025 2024 4b Art for Wellbeing Partner Match Income {ACE} Baring Foundation 21,688 24,564 Historic England 5,600 Big Lottery - Awards for All Peter Kershaw Trust Others" 9,964 2,098 750 16,715 You Llve & Learn Fat Beehive Foundation Good Things Foundation Heritage Lottery 2,500 6.000 36,936 46,170 Others Earned Income Deferred Income - Release from prior year Local Authority 20,497 2,506 16,951 22,492 Wellbeing Dominoes Others 25,976 7,254 10,256 INVESTMENT INCOME Bank Interest Earned 1,514 860 1,514 860 860 860 20
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Funds Restrlcted Funds Total Funds 2024 EXPENDITURE ON CHARITABLE ACTIVITIES 2025 2024 2025 2024 2025 Staff Cost Direct Project Cost Premises and Insurance 140,375 39,197 16,981 574 174,858 102,574 15,838 777 64.180 138,019 204,555 174,858 177.216 102,574 16,981 15,838 602 777 Travel and Subsist8nce 28 Publicity and Marketing Charged to Restricted Funds. Support Costs Govemance Cost 2,833 2.100 177,8841 15,119 7,701 2,833 2,100 77.884 68 6b 31,294 6,864 1,580 32.874 15.119 6,864 7.701 238 118 241083 203 807 77884 441925 318967 6a SUPPORT COSTS Staff Board and Training 6,321 5,349 5,349 Loan interest 660 660 Office costs and other costs 24,973 1,580 9,110 1.580 15,119 6b GOVERNANCE COSTS Professional Fees 2,401 2,692 2,692 Board Costs 4,463 4,529 4,529 Offic8 costs and other costs 480 480 TRANSFER BETWEEN FUNDS From Unrestricted Funds to Restricted Funds 21
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF FUNDS- Funds Brought Forward Unrestrlcted Funds Designated Funds R8Strlcted Funds Total Funds 2024 2024 2024 2024 Reconclliatlon of Funds Total Funds Brought Forward as previously stated Net Movement in Funds Total Funds Carrled Forward 64,235 27,182 91,417 10,390 60,470 80,860 16 74,625 87,652 172,277 RECONCILIATION OF FUNDS- Funds Carrl•d FoThYard Unrestrlctod Funds Deslgnatod Funds Restrlcted Funds Total Funds 2025 2025 2025 2025 Reconclllatlon of Funds Total Funds Brought Forward Net Movement in Funds Total Funds Carrled Forward 74,625 10,000 87,652 172,277 44,674 95,000 3,362 105 000 84,290 219,241 Design8t&d funds of £105,000 Gomprises the following.. Garfield Weston 15,000 20,000 70,000 Office Relocation 3 months runnlng cost 105,000 Further details have been provided in the financial review paragraph in the trustees report 22
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 10 TANGIBLE FIXED ASSETS 11 DEBTORS Income Receivable 30,023 1,687 Prepayments and Other debtors 30,023 1,687 12 CASH AT BANK AND IN HAND Cash in Hand Cash at Bank 266,216 221,152 266,216 221,152 Included within Cash at bank and in hand is an amount of £27,119 which the charily holds in its capacity as custodlan trustee. This amount represents funds held on behalf of Rochdale Borough Culture Network under a formal custodian arrangement. The charity does not have beneficial ownership of these funds and Ihey are not available for its general use. Thè corresponding b818nce as at year end March 2024 was £19.148, also held under the same custodlan arrangement. 13 CREDITORS FALLING DUE WITHIN ONE YEAR Trade Creditors 13,848 3,809 Funds in Tfust 27,119 19,148 Social Security and Other Taxes 3.688 3,369 Income in Advance 30,363 20,497 Accruals 1,980 3,739 76,998 50,562 23
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 14 STAFF COSTS No employee received emoluments in excess of £60,000. 15 RELATED PARTY DISCLOSURES Controlllng party The company is limited by guarantee and has no share capltsl., Ihus no single party controls the company. 16 RECLASSIFICATION OF FUND MOVEMENTS During the financial year ended 31 March 2025, the movement in funds has been reclassified to reflect thr88 strateglc themes Introduced by the organisation: Stronger Communit16S Arts for Wellbeing You Live and Learn This reclassification has been applied retrospectively where appropriate. to ensure consistency and comparability across reporting periods. The revised categorisation provides clearer insight into the organisation's funding priorities and programme delivery. The reclassification d08s not affect the overall finan¢i81 posillon but enhances transparency and elignment with internal strateglc oblectlves. A breakdown of the reclasslfication applied to the year ended 31 March 2024 is shown below to aid comparabillty. 24
CARTWHEEL ARTS LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctedlcore Stronger Communities Art for You Wellbeing Llve & Learn Total Balance BIF - 1 Aprll 2024 84,625 20,001 26,824 40,827 172,277 Income - Refer to Notes 3 to 5 for further breakdown Project Expenses - Freelance fees. Materials, Refreshments, Venue Hire and Others 288,444 93,449 54,700 52,296 488,889 39,252 75.941 20.479 41,599 177,271 Other Project Expenses Staff Cost - Salaries, National In- surance and Pension Other staff cots - Travel, Staff Welfare. Training, Specialists 26 742 1.608 204,555 204,555 19,649 19,649 Utilities 3,398 3,398 Audit and A¢¢ountancy 2,401 2,401 Advertlslng and Promotion 2,833 2.833 Insurance 2,795 2,795 IT Costs 3,281 3,281 Rent 11,500 11,500 Othèr eom 8xponso8 12,834 12.634 Balanco CIF - 1 Aprll 2025 61019 50782 219,241 25
Signatures, technical details Signatures alyson@malach. co. uk 1011212025, 09: 56..24 GMT Flngerprint f Oaaa875e4f 362e6d93d79dcOf 1122e91f 425Oe4 Event log 10.50.11.38 0911212025, 09.. 47: 02 GMT Signing request created. 09/12/2025, 09:47:05 GMT Notif ication sent to aly$on@Thalach.co.uk. 09/1212025, 10: 13: 16 GMT Signing page opened by signee alyson@rnalach. co.uk. 1011212025, 09.50: 10 GMT Reminder sent to alyson@rnalach.co. uk. 10/1212025, 09: 54: 41 GMT Signlng page opened by slgnee alyson@malach.co.uk. 10112/2025, 09:56:24 GMT Signee alyson@malach.co.uk signed docutnent. 1011212025, 09:56:24 GMT Signing process completed. System System System System System System Suranary Env•lop•' s ID: Docum•nt' s haah: 5km441ap 252767f 55d3cbda0813aS5e9e4e663f 77429b371ac236a86aef fd7b9e83c43b6 1011212025, 09:56:26 GMT Final 8tamp: Verieicatlon QR Code •) MyDocSafe