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
Ka￿n 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 On￿oIng.
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
ne￿ork, 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
SUPPC*rt 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 d￿r$e and
¢Jlffer•ntvty¢
Stron9•r
Communltl
HyperlrKal approach
f05tering Positivè
xrlal ¢ohesign
Envlrom•nt*l
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•￿1￿￿t 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 Ca￿heel, 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 He￿Ood 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 ne￿ork, including in-person ne￿OrkIng 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 ne￿ork. 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 Fo￿ard
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

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