Charity no: 801214 The Pushkin Trust Trustees, report and financial statements for the year ended 5 April 2024
The Pushkin Trust Annual report for the year ended 5 April 2024 Pages Trust infomtIOn Trustees, report Independent examiner's report to th¢ trustees Statement of comprehensive income Statement of financial position Notes to the financial statements 9-12
The Pushkin Trust Trust Information Trustees Shiela Mccaul Nino Toradze Paul Seawright Neville O Greg Berry KC Derek Brown - resigned 1410312024 Pearl Stewart Nicholas Hamilton Robert David Bolton - appointed 2010212023 Chairperson United Kingdom charity number 801214 Registered office Baronscourt Newtownstewart Co Tyrone BT78 4EZ Independent examiner Des Reid & Co 30 Clooney Terace Londondery BT47 6AR Solieitors Wrigleys Solicitors LLP 3rd Floor 3 Wellington Place Leeds LSI 4AP Bankers Bank of Ireland Ballybofey Co Donegal Republic Ireland Bank of Ireland Abercorn Square Strabane Co Tyrone BT82 8AG Coutts & Co 440 Strand London WC2R OQS Page I
The Pushkin Trust Trustees, report for the year ended 5 April 2024 The trustees, present their report and the financial statements for the year ended 5 April 2024. Organisational structure The organisational structure of the Charity TS as set out in the Trust Deed. The Trustees who have served during the year and since the year end are set out on page l. Charitable objects The Charity is a Trust governed by its deed, dated 21 February 1989. The objectives of the Trust are:_ To bring together people (children, teachers aT]d other adult5) frotn both Northern Ireland and the Republic of Ireland and from different backgrounds. experience and traditions, in the coTDmon goal of exploring and expressing their creative energy" To develop the full potential of children by making use of their creative energies and to help them express these energies through creative arts; To encourage children and teachers to draw upon the inspiration of the natural world as a source of artistic expression- To affinn teachers and pupils in their joint ¢r¢ative expression; To devise programmes for student teachers that will help them develop their own creativity and imagination and that of their future pupils. and To develop Pushkin House as a centre of excellence and as a resource for the creative arts in an environmental context. The Charity aims to achieve its objectives by the granting of awards in Northern Ireland, the Republic of Ireland and elsewhere in the world when applicable, for successfvlly completing the Trust's School's Prograrnrne involving the environment and the reative arts. The Trustees confirni they have referred to the Charity Commission's general guidance on public benefit when reviewing ihe Trust's aims and objectives and in planning futhre activities and setting the grant making policy for the year. The Trust carried out these object5 in the COUTse of the 2023-2024 year through the following activities'.- Baronscourt days 22 Baronscourt days took place at the Stableyard Conference Centre, Baronscourt Estate, Co. Tyrone during the year ended 5 April 2024. Approximately 2,028 teachers, children and student teachers drawn from the Counties of Tyrone, Derry, Antrim, Armagh. Fermanagh, Greater Belfast, Donegal, Dublin. Monaghan, Sligo, Longford, Wexford and Cavan attended. Both children and adults participated in various creative workshops with professional facilitators in music, creative writing, art and movement. Each adult and child also took part in an environmental workshop in the grounds of Baronscourt Estate with professional nature guides. They all worked on ihe theme 'Hitch the Sails., Achievements and performance (i) Facilitator days All of the schools which attended the Baronscourt days were provided with two facilitator days. This meaT]t the Trust paid for an artist and an enviTonrnentalist to visit a participating school and work with the pupils in their classroom. They worked on the theme 'Hitch the Sails. (li) Celebration days Celebration days were held in schools thToughout Northem Ireland and the Republic of Ireland. At the Celebration days, schools displayed the work they had created on the Trnst's annual theme 'Hitch the Sails,. The TTU5t contributed to each school to enable them to pay for this c¢l¢bration. They also awarded plaques and certificates to all those that were involved. In addition, books were presented to each school by Scholastic Ireland. Page 2
The Pushkin Trust Trustees, report for the year ended 5 April 2024 (continued) Achievements and performance (continued) Pushkin Pathway programme The Pushkin Paihway is the Pushkin Trust's Secondary Schools, Programme. It follows the Pushkin principles of creativity as the key to unlocking young people's voices. Christian Brothers Grammar School, Omagh. Co. Tyrone and Omagh High School, Co. Tyrone participated in the programme this year. The Pushkin Pathway Progratnme wa5 delivered over a three-day experience at Baronscourt, where the young people from each of these Schools participated in an environmental exploration in the morning led by a different environmental facilitator each day. In the afternoon, three groups rotate through. creative writing, dance and a creative media workshop partnership with the Nerve Centre from Dery/Londonderry. By the end of their three Pushkin Pathway Days, all pupils and their teachers have experienced all three different environmental workshop5 and all three arts-based workshops on a theme dered by the Trust. The unique element of this project is the involvement of the 'Nerve Centre. Ireland's leading Creative Media Arts Centre. This provides a means through which the natUTal world, the arts and technology can merge so that today's teenagers can communicate in a medium which is familiar to them. The Nerve Centre staff have fallen in love with the setting and purposes of the project. As Sharon Tosh. the Education Manager Wrltes: 'Bringingyoungpeople together through ihe ofnew ond epnerging digitalfabricalign technologies where the emphasis is on the lechnology bul thg up7derlying subscript is cross-commup7ity interaction and the searGhfor one s voice ihrough creative aypressiopt. is at ihe heart of gur involvemep71 with this project. Having ihe backdrop of the magical BaroF7scotsrl Eslale and being able to turn it into a digital Ganvas is an experience not eafily replicated anywhere else. The Pushkin Pathway Programme concluded with a celebration day hosted in the Stableyard at Baronscourt Estate, Co. Tyrone. This day is a showcase of all that these young people have experienced during their days at Baronscourt. This includes, pupils reading or singing their pieces produced at their Creative Writing Workshop and perfomJing a dance routTne. There is also a film which documents magical moments from their three days at Baronscourt. The day is celebrated with family members. teachers and the wider community. The Pushkin Pathway Co-ordinator and the Chair and Trustees of the Pushkin Trust acknowledge these young people's achievements and thank them and their teachers. (iv) Partners in Education Partners in Education Zoom session5 were hosted in April 2024 to introduce a new generation of LectUTers and Student teachers from Teacher Training Colleges (North and South) to Pushkin. The aim was to incorpoTate Pushkin into Connected Learning through their expeTiences of the environment and the creative arts. The participants were told the story of how the Pushkin Trust came about and has evolved in to what it is today. Everyone experienced an environmental workshop, an art workshop and a creative writing Workshop via Zoom. There was plenty of opportunity for Tnteraction between participants during these workshops and through a reflective discussion at the end. Page 3
The Pushkin Trust Trustees, report for the year ended S April 2024 (continued) Achievements and performance (continued) (v) The Inspiring Educators programme In the year 2023124 the main aspect to the Inspiring Educators programme was creative partnerships A total of 42 schools participated in this aspect of the programme drawn from Northern Ireland and the Republic of Ireland. Representative teachers frorn all participating schools took part in resideT]tial induction sessions to work alongside Pushkin environmentalists and creative facilitators to gain insight and inspiration. Facilitators also worked wilh each participating class, with a further day of workshops for children based at Baronscourt Estate. All work undertaken was based on the theme for the year, 'Hitch the Sails.. Pushkin Trustees see the importance of continuiT]g to promote the vision and work of our Founder, the Duchess of Abercorn, in seeking to inspire our Pushkin teacher5 and Principals who will in turn pass on the legacy of Pushkin to their pupils. The workshops provided by our talented facilitators will help build capacity for creativity and the pupil's voice and enrich our resource pool at a time when teachers need it Most. Governance and internal control The system of internal control is designed to provide reasonable, but not absolute &ssurance against material misstatement or loss. They include.. A strategic business plan and an annual budget approved by the Trustees. Regular consideration by the Trustees of financial results. variance from budgets, non-financial perfonrlance indicators and benchmarking reviews. Delegation of authority and segregation of duties. Identification and management of risks. The Trustees have introduced a fonnal risk management process to assess business risks and to implement risk management strategies. This involves identifying the types of risk the Charity faces, prioritising them in ternis of potential impact and likelihood of occurrence, and identifying means of mitigating the risks. As part of this process the Trustees have reviewed the adequacy of the Charity'5 current internal controls. The Trustees are pleased to report that the Charity's internal fmancial controls, in particular. conforni with guideline5 issued by the Charity Commission. Financial review During the year ended 5 April 2024, the Charity received iotal income of £ 110,055 (2023: £118,179) and had an overall deficit of £41,241 (2023.. £2,118). Income from donations showed a decrease of £8.416 (2023.. increase £46,170) during the year. Capital expenditure of £Nil was incurred OT] IT equipment during the year {2023.. £Nil). Plans for the future The Trust plans to continue the work undertaken to date by continuing the Facilitstor Days and classes provided to children, teachers and other adults. Page 4
The Pushkin Trust Trustees, report for the year ended 5 April 2024 (continued) Statement of Trustees, responslbllities Charity law requires the Trustees to prepare financial stalements for each financial year which give a true and fair view c f the state of affairs of the Charity at the year end &nd its incoming r¢sour¢es and resources expended during that year. In prejaring those fman¢ial statements, the TNst¢es are required to.. Select 8uitsble accounting policies 2nd then apply them consistently- Make judgements and estimates that aTe reasonable and prudent. State whether applicable accounting standards and statements of recommended practice have becn followed subject to any d.Tarturcs disclosed and explained in the fillancial statements,. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the ChaTitry will COTJtinue its activities. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Acl -, 01 l. They are also responsible for safeguarding the ass¢ls of the Charity and hence for taking reasonable steps for the PTevenlii)n and de¢¢ction of fraud and other irregularities. Auditor An audit is not required by the charity. In lieu of thi8 an independent examiner's r¢port will be prepared by Des Reid & Co. la Mccaul Chairperson Neville O Trustee 16 December 2024 Page S
The Pushkin Trust Independent Examiner's Report to the Charity Trustees of The Pushkin Trust Year ended 5 April 2024 We report solely to the charity trustees on our examinalion of the accounts for the year ended 5 April 2024. To the fullest extent pern)itted by law, we do not accept or assume responsibility to anyone other than The Pushkin Trust and its truslees as a body for our work or foT this report. As a practising member finn of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements. Respeetive re5ponsibilitie$ of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirelnents of the Charities Act (Northern Ireland) 2008. Having sat15fied ourselves that the charity is not subject to an audit and is eligible for independent examination, it is our responsibility to examine the accounts under section 65 of the Charities Act ' follow the procedures laid dowv] in general Directions given by the Charity CoTnmission for Northern Ireland under section 65(9)(b) of the Charities Act . and state whether particular matters have COTne to our attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was caled out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to out attention giving us concern to believe: l.that accounting records were not kept as required by section 63 of the Charities Act. 2.that the accounts do not accord with those accounting records. 3.that the accounts do not comply with the accounting requirements of the Charities Act and with methods and principles of the Charities Statement of Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. 4.that there is rther inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters ( l ) to (4) above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. J. ¢Aid/ Des Reid & Co Chartered Accountants 16 December 2024 Page 6
The Pushkin Trust Statement of comprehensive income for the year ended 5 April 2024 Unrestricted Restrieted funds funds 2024 2023 Notes Incoming resourees: Donations Income from investment5 105,150 375 4,530 109.680 375 18,096 83 Total incomin resource5 105,525 4.530 110,055 18.179 Resources expended: Costs of generating voluntary income: Fundraising (4,784) (4,784) (4.411) Net incornin2 resources available for charitable a lication 100,741 4,530 105,271 13.768 Cost of charitable activities: In furtherance of the Charity's objectives Governance costs (87,025) (54,942) (4.530) (15) {91555) (54,957) (68,946) (46,940) Total resources ex ended {141,967) (4,545) {146,512) (115.886) Net outgoing resources before transfers (41,226) (15) (41241) (2,118) Gross transfers between funds Ne¢ outgoing resources after transfers (41,226) (15) (41,241) (2,118) Fund bal8n¢es at 6 April 2023 174,697 69.019 243,716 245,834 Fund balances at 5 A ril 2024 133,471 69,004 202,475 243,716 The notes on pages 9 to l2 forn] an integTal part of these financial statements. Page 7
The Pushkin Trust Statement of financial position as at 5 April 2024 2024 2023 Notes Fixed assets ible assets 84,432 98.682 Current assets Debtors Cash at bank and in hand 23,967 122,898 146,865 24.654 144,129 168,783 Creditors.. amounts falllng due wlthln one year (28,822) (23,749) Net current setS 118,043 14:,034 Net assets 202,475 243,716 Funds Unr¢stri¢ted ndS Restricted funds io io 133,471 69,004 174.697 Total funds 202,475 243,716 The financial statements on pages 7 to 12 were appTov¢d by the Trust¢es on 16 December 2024 and were signed on their behalf by: Shtela Mccaul Chairper50n Neville Orr Trustee The notes on pages 9 to 12 form an integral part of these financial statements. Page 8
The Pushkin Trust Notes to the financial statements Year ended 5 April 2024 Statement of compliance The financial statements of The Pushkin Trust have been prepared on the going concern basis in compliance with United Kingdom Accounting Standards, including FinaT]cial Reporting Standard l O, 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland. ("FRS 102") under the historical cost convention, and in accordance with applicable accounting standards in the United Kingdom and Statement of Recommended Practice for AccouT]ting and Reporting by Charities and with the Charities Act 2011. Summary of significant aeeounting policies The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unles5 otherwise stated. Incoming resources All incoming resources are included in the Statement of Financial Activities when the Trust is entitled to the income and the amount C8n be quantified with reasonable accuracy. Funds Restricted funds are to be used for specified purposes a5 laid down by the donor. Expenditure which falls within the criteria laid down by the donor is identified with the fund, together with a fair allocation of support costs. Unrestricted funds are donations and other income received or generated for the objects of the Trust without further specific purpose and are available as general funds. Resources expended Expenditure is recognised on the accruals basis as a liability is incurred. Costs of generating funds comprise the costs associated with attracting voluntary income. Charitable expenditure cornprises those costs incurred by the Trust in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governanee costs Governance costs relate to the costs of governance arrangements which relate to the general running of the Trust as opposed to the direct management fvnctions. These include the activities which allow the Trust to operate and generate the infornlation required for public accountability, including the strdtegic planning process that contributes to the tUre development of the Trust. Tangible fixed assets The cost of tangible fixed assets is their purchase cost. together with any incidental costs of acquisition. Depreciation is calculated so as to write off the cosl or revaluation, of tangible fixed assets. less their estirnated residual values. over the expected useful economic lives of the assets concerned. The principal annual rates used are as follows.. Land and buildings Fixtures. fittings and equipTnent 4 % straight line basis 250/0 reducing balance basis Foreign currevcies Transactions denominated in foreign Currencies are translated at the exchange rate at the date of the transaction. All assets and liabilities denominated in foreign currency are translated at the rate of exchange ruling at the balance sheet date or the exchange rate of a related exchange contract where appropriate. The resulting gain or loss is taken to the Statement of Financial Activities. Page 9
The Pushkin Trust Notes to the financial statements Year ended 5 April 2024 (continued) DonatlODS Unrestricted funds Restricted funds 2024 2023 Individuals Charitable foundations artment of Education and Skills (ROI) 67,624 14,792 22,734 105,150 67,624 19,322 22,734 109,680 17,619 76,678 23,799 118,096 4,530 4,530 Investment income Unre5trieted Restricted funds funds 2024 2023 Interest receivable 375 375 83 Cost of activities in furtberance of the objects of the charity 2024 2023 Barons¢ourt days Pushkin Pathway Inspire programme Insurance Online video channel Stationery, postage and printing Com uter and website costs 42,853 7,547 37,188 3,026 27,929 8,379 28,138 2,519 608 362 1,01 I 68,946 317 S41 91,555 Page 10
The Pushkin Trust Notes to the financial statements Year ended 5 April 2024 (continued) Governance costs 2024 2023 Office rent Rate5 Light and heat Repairs and maintenance Stationery. printing and postage Telephone Consultancy and office administration Audit and accountancy fees Legal and Professional fees Lossl(gain) on exchange Sundry Motor and travel Depreciation Bank cha es 2,000 21 1.554 1,889 952 2,059 21,280 4,040 3,808 2.554 155 200 14250 195 54,957 2.000 61 ,928 ,108 724 2,500 22.615 3.700 480 (3.625) 893 14.371 185 46.940 Tangible fixed assets Land and buildings Fixtures and rittings Total Cost At 6 April 2023 Additions 347.142 36,044 383,186 At S April 2024 347,142 36,044 383.186 Accumulated depreciation At 6 April 2023 Charge for the year At 5 April 2024 249,916 13,886 263.802 34.588 364 284,504 14,250 298,754 34.952 Net book value At 5 April 2024 At 5 April 2023 83 J40 1.092 84.432 97,226 1.456 98.682 Page 11
The Pushkin Trust Notes to the financial statements Year ended 5 April 2024 (continued) Debtors 2024 202i Prepayments and other debtors Grant due - Department of Education and Skills (ROI) 855 855 23,112 23,967 23,799 24,654 Creditors: amounts falling due within one year 2024 2023 Creditors and accruals 28,822 23,749 10 Analysis of net assets between funds Unrestrieted funds Restrieted funds Tolal Funds Fund balances at 5 April 2024 are represented by: Tangible fixed assets Current assets 84,388 77,905 {28,822) 133,471 44 84,432 146,865 (28,822) 202,475 68,960 Current liabilities 69,004 I l Restricted funds Balance at 5 April 2023 Restricted incoming Restricted Total outgoing transfers Balance at S April 2024 Schools programme Summer school Baronscourt days Paulsen programme Book 59 16.450 (15) 44 16,450 4.530 (4,530) 52,288 222 69,019 52,288 222 69,004 4,530 4,545 Page 12