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2023-03-31-annual-report

Sticky Fingers Arts IA company limited by guarants& nol havlng a sh¥• capllal) TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 The trustees present their Tru8tees' Annual Report. coffl)ining the Diredors, Report and Trustees, Rèport, and the unaudited financtal statements for Ihe ￿an￿al year ended 31 March 2022. The financial statements are prepared in a￿ordaftCe with the COmpan￿S Act 20f, FRS 102 The Finan¢Fal 'ReporUng Standard applicable in the UK and RepUb￿C of Irekn(r and Acojunting and Reporting by Charities.. . Siatement of Recommended Practi￿ appIl￿ble to charities p￿paring Ihetr finandal statemenls in accordance wlh the Financial Reporting standa￿ applicable in the UK and RepubliG of Ireland IFRS 1021. The Tnjstsés, Report contalns the information reqvired to be provlded in the Twstee5' Annual Report under th& Slalement of Recommended Pra￿1￿ (SORP) guidelines. The Iruslees ol the c￿npanY are also tharity trustees for the purpose of charity law and under the ￿panY'S constitu￿n aR known aB member5 ofth& board of trustees. In this repurt the trustees of Stlcky Fingers Arts ptesenl a summary of it8 pu￿0$e. governan￿, aGrtivilies, aGhievemenls and finan￿$ for Ihe financial financial year 31 March 2023. The company is a registered tharity and hence the reporl and results ale presented in a fom whi¢h c¢mplies wlh the requlrements ofthe Colnpanies Act 2006. Mission, Objectlve8 and Stratsgy ObJ8ctlvo8 Aims- To advan￿ education and prcmote the arts for the benefit of chkllren, the be￿￿clane$ prfmarily, bul nol exclusiv&ly In Northem Ireland. Advan￿ education and pr￿ole the arts for the b￿fft of the wder community a￿o$S Northern Ireland. Promote and assist otlEr5 in the promotion of educalonal and rEueational prograrnmes desKJned to engage children and the ￿der cJJmmunlty in the arts, and especially those in need as resull of adverse gocial, e(y)nomic geogr8phical or cultural circumstances and Confl￿ as a result of dis&)i'lty or infjThily. Promote and provide quality enVi￿n￿ental arts projects and to provide the opportunity and support for children to take the lead in the developmenf of their ctties aTrJ (xKnrr]unib'es by w0￿1ng with local govemmen( business and the art lo create positive regener8tion of their locxl area by engaging in creative and arts-based adlvlly and events. Fosler Intema1Jonal relationships and children's and young people's ryhts lo promote and lobby for slatulory agencies at all levels and adhere to UNICEF pofKie8. The key aim of the organiialion is to pr(ffiote and provide quality ats and culiuTal experiences and opportunities for .young children and the wider cornmunity. Ensuring our work delivers our aims, objective5 and a¢tivilies each year. ThB review looks at what we achièved and the outcomes of ourwoth in the Previous 12 months. The reV￿W looks at the succe88 of projects and Ihe prQNJ￿m and the outcomes of eath eknent The review also helps us lo ensure our aims. objectives and aGtivils are foGused on our ststed purp08e. Compliance with Publi¢ Benefit T￿.e Charity Truslees have had regard to the Charity Commission kn Norfhem Ireland's slatutDry public beneftt guidan￿ to ensure Ihat activities entered into during Ihe year have helFxd lo achieve the charitys aims and objectives as well as providing public benefiL Structhre, Governance and Management Stru¢lurp Stid<y Fingers Arts has a Board of Trustees not less Ihan 2. A]18trategic yralional management deGisions are Ihe responsibility of the twstee& Governance sticky Fingers Arts is a ptT¥ale company limrted by guarantee and does not have share capital. 1115 governed by a memorandum and articles of association. Appolntmènt of Trustees Thè Trdstees of the co￿PanY are 8150 tharity tru8tees for th8 purposes ol charity law. Underlhe requirements of Ihe Memorandum and Articles of Association the tr￿teeS are elected lo ser¥8 for a period from one Annual General Meeting to Ihe next. Review of Actlvltles, AchEevements 2nd Perforniance sti(*y Fingers Arts are now an established chikjren's arts organisalion wrfh a repulation for produrAng and creating high quality professional arts proiects locally, nalionally and intemationalty.

Sticky Fingers Arts (A Company 11m￿ed by guarantge, not having a #harg capttal) TRUSTEES, ANNUAL REPORT for the finanaal year ended 31 March 2023 In 2022-23, Slicky Fingers rKnlinued to devekp the Imaginar1￿ Arts Centre and work with communitie8 acros5 Newry, Mourne end Down a8 well as establish new partne￿hipS and wopcts in the Republic of Ireland. The organiBation has ￿ntIThued to thrNe a full program srA days per ￿ek. ' stlcky Fingers aims to Greate and provide quality and 8ge approwiate arts. culiural and CTeative play e>periences for Y￿ng children across Northern Ireland. Stid(y FIVJe￿ Y•411 also Continue lo provide a frontline se￿1￿ lo a specific audien￿ Ichildten f￿M O 10 18 years). We will ￿ntInUe lo deliver a Servi￿ that no oltw organi5aknon delivers. pro¥lde a Servi￿ in an area where no other organisatton provides a smlllar servTr. The organi88tion has continued lo provtde a fron14ine Servi￿ to children and young people in the Newry and border area, ensuring that the work special needs groups continued Ihroughout the year uninterruple(l. One lo one support program for chIld￿n wth additional needs, educalK)n initiatives the Centre and wthin 5thooL8' settlngs and aGtivily to support thildren and young people are struggling with mentsl health, development delays or family crisls were delivered in partnership with both health and educaoon agenc4es. Thank￿llY 2022 and 2023 was MO￿ normal with Ihe venue ￿t￿rnIng to operating 81 full capaaty. The reimBged Imaginarium and new extended space has made a considerable difference to the programs that be offered with more space lo delivei rnore and better arts programs for a wider age range. By eady 2023. we ,had completed Ihe remvation of the new lobby and 1h8 additional new f6alur85 whtth brought a comple;ety new Ghapter lo the Imaginarium, indthjlng a sensory fulty inteTadive feature for Ghildtell Df mixed ability- As part of the renovalive work. a new work¥hop was created. 7he Adventure lab. a new arts spa¢e that has doubled the cap8(Aty for both Intsmal and exlemal workshops and has been used by both the Stid(y Fingers artlsllc team and local group810 host a¢Aivities for all ages. The additional new features have cornplimented a new open pL9n k)bby area with an inforrnation desk, box office area and a new dedI￿ted entranc4 to the Imaginarium, allowirwJ ease for fflow of visitors to both the imaginarlum and cafè, The impart of this work, has created greater flexibility in the range of the program8 ￿ ar8 now providing and has opened the do0￿ to many new possibililies In 2022, we ako launched a new youth program, to enyower young peDplg through CJEative activity, RESET 2020 is a thre&year project and has uealed twj new part time positions funded by the national lottery. 2022 was yeor of new opportunity a8 we launched our new strategic pkgn, working al a rool?a level wilhill thB communty, building new parine￿hlpS whi18 also enhanixng existng relationships amss differenl ¢ornmunity sector8. Tre Inlemational Children's feslival relumed ￿th a full prugram and was the first full edlknon sincÈ Covwj where we wel(xJmed intemafional comp8nies baek lo Newry for a magical program of live Ihealre. music, puppety and much rr,ore. A key part of the festival was a One￿aY cross border conference 'lnvlsbk borde￿. on the arts, children and life in the border counties. The Conferen￿ was a stJcLess and brought organizations and professional8 from both sides of the border to join leading cultural leadets, MPS, ML4s and f￿1 government together to explore how colle(vely Ccrfnmunibes within the bjrder can work together to inspire change through a creative procss. 2022-23 ￿VaS a Su￿8$[U1 year where the organizalh)n bult on exislirwj streNJths and explored rw opportunibe5 10 create new worf( reaching a l￿der aUdier￿e. The charity continues lo be Ihanktul for peoples, wonderful efforts and generosity. Financial Review The results for the financial year are set out on page 9 and additional noles are provided showing inccim8 and expenditure in grealer detail. Income The chaiity had total Income of £381,657 in 2023 compared lo £460.318 li 2022. Expendlthre Durfng the finanaal year £380.490 {2022.'£425.3101 Wds Stent on tharitajle aca1vit￿ts. Finanrial Results At the end of thè finanaal year the company has assets of £230.810 (2022 - £220,801) and liabililvèB of £94,353 (2022- £105,511). The net assets of Ihe ￿)rnpaThy have increased by £21,167. Reserves Posltlon and Pollcy

stlcky Flngers Arts IA company limllad by guaranlg•. not having a share capkall TRUSTEES, ANNUAL REPORT for th8 flnanual ear ended 31 March 2023 The reserves pD IGY WdS agreed foll(Jwng an anatysi8 of the following four factors -Forecasts for levels of Income in fijlure years taking into a￿Ount the [e￿.abl1ty of eath sourc£ ol incom8 and thè prospecls for op8nlng up new SoU￿s. -Fore(asts for expeTrdiiure in ￿tUre year8 on the basis of planned actTrvity'. -Analy5is of any future needs, opportunities, ￿ltir¥Jen￿eS or risks, the efkn ofwhith are nol like￿ to be met Dut of incx)me Sf and w￿n they arise. and -Assessment of the likelihood of each Df those needs and risks malerialising and Ihe polentSal consequenTr5 of the charity nol beiry able lo meel th￿. The charitls polcy is lo mainlain a kvel of free reserves meets the needs of the Cha￿ty both at the ourrent time and for the foreseeable future. Free reserves are ils lolal funds exduding fe8lricted funds, designated funds, or incomè fijnds which can only be released by disposing of frAed assets hehj for chartty use. Total resetves al the end of the financial year were £136,457 of which restricted was £54.731 and unrestricted of £81,726. Tru8tee8 The trustees who served throughout the financlal year. excepl as noled, w￿e as fr)Ilows'. Mr Davkl Hanna Mrs. Helena Young Mr5. Tracey Mcverry IRegmJ￿d 9 Marth 20231 Ms. Hilary Good IRe5igneil 9 March 20231 The secretsry 4gho served during the financial year was: Mr5 Grainne Po￿￿11 Compliance wrfh 8ector-Yfide Leglslalion and Standards The company engages prwctNely with legislation, standards and ¢ode$ are developed fDr Ihe seclor. Sticky Fingers Arts subsmbes to and is ¢cffipliant the followi)g: The cOrnpan￿8 Act 2006 The Charities SORP IFRS 1021 Apyruvvd by Board of T￿￿tse5 31 January 2024 and 51gned on Its behalf by: Mr Davld Hanna Trustee