Sticky Fingers Arts
company lirnited by guarantee. nol having a share capital)
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2024
John Macmahon & Co
Chartered Accountants and Registered Auditors
112 Camlough Road
N&wry
Co. Down
BT35 7EE
Northern I￿land
Company Number: N1044255
Charity Number: 101275

Sticky Fingers Arts
(A company limited by guarantee, not having a share capltall
CONTENTS
Page
Reference and Administrative Infomiation
Trustees, Annual Report
Slatemenl of Trustees, Responsibilities
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
10
Notes lo the Financial Statements

Sticky Fingers Arts
IA company limited by guarantee. not having a share capttall
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
David Hanna
Helena Young
Alffie Magill (Appointed 16 September 20231
Stephen Anthony Mcclelland IAppointed 14 Decembei
20231
Cathal King (Appointed 14 December 20231
Brian Cleland (Appointed 14 December 20231
Tracey Caroline Crossan (Appointed 16 September
2023, ResKJned 10 December 20241
Daniel Gebski (Appointed 14 December 20231
Anne Marie McGourty (Appointed 14 December 20231
Company Secretary
Helena Young (Appointed 14 DecembeT 2023}
Grainne Powell (Resigned 14 December 20231
Charity Number in Northern Ireland
101275
Company Registration Number
N1044255
Registered Office and Principal Address
The Imaginarium
10 Upper Edward Street
Newry
Co. Down
BT35 6AX
Northern Ireland
Independent Examiner
John Macmahon & Co
Chartered Accountants
112 Camlough Road
Newry
Co. Down
BT35 7EE
Northern Ireland
Principal Bankers
Ulster Bank Limited
86 Hill Street
Newry
Co. Down
BT34 1 BT
Northern Ireland

Sticky Fingers Arts
IA Company I1￿[ted by guarantee. not having a share capliall
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
The trustees present their Tiustees, Annual Report, combining the Directors, Report and Trustees, Report, and the
unaudited financial slalements for the financial year ended 31 March 2024.
The financial slalements are prepared in accordan￿ with the Companies Act 2006, FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilps..
Statement of Recorllmended Practi￿ applicable lo charities prepaTing their financial statements in accordance wf(h
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the
Statement of Recommended Practi￿ (SORPI guidelines. The Iruslees of the company are also charity trustees for
the purpose of charity law and under the compan￿$ constitution are known as members of the board of trustees.
In this report the trustees of Sticky Fingers Arts present a summary of its purpose. governan￿, adivities,
achievements and fInan￿S for the financial financial year 31 March 2024.
The company is a registered Charity and hen￿ the report and results are presented in a fomi which complies with the
requirements of the Companies Act 2006.
Misslon, Objectives and Stratsgy
Objectives
Aims-
To advan￿ education and promote the arts for the benefit of children, the beneficiartes primarily, but not exclusively
in Northern Ireland.
- Advance education and promote the arts for the benefit of the wider community across Northem Ireland.
Promote and assist others in the promotion of educational and re¢￿ational PTogrammes designed to engage
children and the wider community in the arts, and especially those in need as Tesult of adverse social, economic
geographical or cultural circumstances and conflict as a result of disabilrty or infirmity.
Promote and provide quality environmental arts projects and to provide the opportunity and support for chiklien lo
lake the lead in the development of their cities and COFnmunities by working with local government, business and the
art lo create positive regeneration of theiT local area by engaging in creatNe and arts-based activity and events.
Foster international Telationships and thildren's and young people'5 lights to promote and lobby for stslulory
agencies at all ￿velS and adhere lo UNICEF policies.
The key aim of the organizalion is lo promote and provide qualty arts and culbjral experiences and opportunities for
young children and the wider community. Ensuring our work delivers OUT aims, objectives and activities each year.
This reV￿W look5 al what we achieved and the oulcornes of our work in the Pfevious 12 months. The review looks at
the success of projects and the program and the outcomes of each element. The review also helps us to ensure OUT
aims, objectives and activtties are focused on our slated purpose.
Compliance with Public Benefit
The Charrty Trustees have had regard to the Charity Commission for Northern Ireland's statutory public bènefit
guidan￿ lo ensure that activ((ies entered into during the year have helped to achieve the charitys aims and objectives
as well as providing public benefft.
Structure, Governance and Management
structure
Sticky Fingers Arts has a Board of Trustees not less than 2. All strategic and operational management decisions are
the re5ponsibilily of the Iruslees.
Governance
Sticky Fingers Arts is a private company limited by guarantee and does not have share capital. 11 is governed by a
memorandum and articles of association.
Appointment of Trustees
The Trustees of the u)mpany are also charity trustees for the purposes of charity law. Under the requirements of the
Memorandum and Arti¢les of Association the trustees are elected to serve for a period from one Annual General
Meeting lo the next.
Review of Activitie5. Achievements and Perfom7ance
Sticky Fingers Arts are now an established children's arts organisaliDn with a ieputstion for producing and creating
high quality professional arts projects locally, nationally and inleinationally.
Ouring the financial year ended 31st March 2024, the organisalion expellen￿d a change in the funding offered which

Sticky Fingers Arts
IA ¢ompany limited by guarantee, not having a Sha￿ capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2024
sulted in the organisation taking time to regroup and carefully devise a new strategic way fonNard. The organisation
made a decision to take time out from the normal programming lo carry out community consultations and explore how
the organisation can continue lo grow with clear and concise priorities and vision for the future.
The year was very productive as new partnerships were established wilh a renewed focus on the income generated
Ihrough the social enterprise element of the organisation, working towards becoming self-sufficient and less reliant on
Government Funding.
Although the income during the financial year was considerably less than previous years, due to a reduction in
programming costs, the organisation took this time to focus on creating a new plan for 2025-2030 and spent less time
fundraising and on service delivery. 2023-24 provided essential space and time to evaluate the work to date and
develop new ways of working., setting new targets and developing a new plan to take the organi5ation forward.
bui5ding on the Suc￿sS of the organisation to date and preparing for the next chapter.
Sticky fingers continues lo create and provide quality, age appropriate arts, cultufftl and creative play eXperIen￿S for
young children across Northern Ireland and the border counties. Sticky Fingers will a150 continue lo provide a frontline
service to a specific audience (children from O to 18 years). We will continue to deliver a Servi￿ that no other
organisation delivers arTrd provide5 a service in an area where no other organisation provides a similar Se￿ICe. We will
build on the success of the Imaginarium as il continues to grow, attracting more visitors and offering more activities
and services at a regional level.
The organisation has continued to provide a front-line Servi￿ to children and young people in the Newry and border
area, ensuring that the work with special needs groups continued throughout the year uninterrupted. During the
financial year, the charity continued lo provide one lo one support programs and educalion initiatives for children with
additional needs, both in the Centre and within school settings. These activities aim to support children and young
people who are struggling with mental health, development delays or family crIS￿s,. they were delivered in partnership
with both health and educab'on agencies.
The board wish to convey their sincere thanks to all who contiibuted their wonderful efforts and generosity to the
organisat￿On.
Flnanclal Revlew
The results for the financial year are set out on page 9 and additional notes are provided showing income and
expenditure in greater detail.
Income
The charity had total income of £200,160 in 2024 compared to £381,657 in 2023.
Expendlture
During the financial year £219,16312023'. £360,490) was spent on charitable activities.
Flnan¢lal Rosults
At the end of the financial year the company has assets of £194,190 12023 - £230,810) and liabilities of £76,736
12023 - £94,353). The net assets of the company have decreased by £{19.0031
Reserv05 Position and Policy
The reserves policy was agreed following an analysis of the following four factors
-Forecasls for levels of income in future years taking into account the reliability of each Sour￿ of income and the
prospects for opening up new sources.
-Forecasls for expenditure in futuro years on the basis of planned activty.,
-Analysis of any future needs, opportunities, contingencies or risks, the effects of which are not likely to be met out ol
income if and when they arise., and
-Assessment of the likelihood of each of those needs and risks matèrialising and the potents'al consequen￿8 of the
charity not boing able lo meet th8m.
The charity's policy is to maintain a level of free reseNes which meets the needs of the Charity both at the current
time and for the foreseeable future. Free reserves are ils total funds excluding restricted funds. designated funds. or
income fund5 which can only be released by disposing of fixed assets held for charity use. Total resetves at the end
of the financial year were £117,454 of which restricted was £57,662 and unrestricted of £59,792.

Sticky Fingers Arts
IA cornpany limited by guarantee, not having a share capitall
TRUSTEES, ANNUAL REPORT
for the financial yeaT ended 31 March 2024
Trustees
The trustees who served throughout the financial year. except as noted, were as follows..
David Hanna
Helena YL)ung
Alifie Magill {Appoinled 16 September 20231
Stephen Anthony Mcclelland (Appointed 14 December 2023}
Cathal King IAppointed 14 De￿mber 20231
Brian Cleland (Appointed 14 December 20231
Tra￿Y Caroline Crossan (Appointed 16 September 2023, Resigned 10 De￿rnber 20241
Daniel Gebski (Appointed 14 December 20231
Anne Maiie McGourty IAppointed 14 De￿mbe1 20231
The secretaries who served during the financial yea¥ were..
Helena Young (Appointed 14 December 20231
Grainne Powell (Resigned 14 December 20231
Compliance with Sector-wide Leglslatlon and Standards
The company engages pro-actively with legislation, standards and codes which are developed for the sector. Sticky
Fingers Arts subscribes to and is compliant wrth the following".
The Companies Act 2006
The Charities SORP IFRS 1021
Approved by the Board of Trustees on 28 January 2025 and signed on its behalf by:
David Hanna
Trustee

Sticky Fingers Arts
IA company limited by guarantee, not having a share capitall
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year ended 31 March 2024
The trustees, who are also directors of Stid(y Fingers Arts for the purposes of company law, are responsible for
preparing the financial statements in accordance with applicable law and regulations.
Company law requires the trustees as the directors lo prepare financial statements for each financial year. Under that
law the trustees have elected lo prepare the financial slalemenls in accordan￿ wf(h United Kingdom Generally
Accepted Accounting Practi￿ (United Kingdom Accounting Standards and applicable lawl including FRS 102 'The
Financial Reporting Standard appli(able in the UK and Republic of Sreland" Section 1A (Small Enliliesl. Under
company law the trustees musl not approve the financial slalements unless they are satlsfied that they give a true and
fair view of the slate of affairs of the company and of the surplus or deficit of the company for that period.
In preparillg these financial statements, the Iru51ees are required lo..
select suitable accounting policie5 and apply them consislenlly.,
make judgements and estimates that are reasonable and prudent..
state whether the finanaal slalements have been prepared in acco{dan￿ with the relevant financial reporting
framework. identify those standards, and note the effect and the reasons for any material departure from those
standards., and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the
mpany will continue in operation.
The trustees confirm that they have Complied wrth the above requirements in preparing the financial slalemenls.
The trustees are responsible for keeping adequate accounting records that are sufficieril to show and explain the
company's transactions and disclose with reasonable accuracy al any lime the financial position of the company and
enable them to ensure that the financial statements comply with the Companies Aci 2006. They a￿ also responsible
for safeguarding the assets of the company and hen￿ for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by the Board of Trustee5 on 28 January 2025 and signed on its behalf by:
LIL
David Hanna
Trustee

Sticky Fingers Arts
IA company lim￿e￿ by guarantee. nol having a sha￿ ¢apttall
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF STICKY FINGERS ARTS
We have examined the financial statements of the company for the financial year ended 31 March 2024, which
comprise the Statement of Financial Activities lincorporaling an Inc￿Me and Expenditure Account), the Balance Sheet
and the related notes.
Thi5 report is made solely to the ￿MpanY'S members, as a body, in accordan￿ with Chapter 3 of Part 16 of the
Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have
been engaged lo compile, report lo the Board of Trustees Ihal we have done so, and slate those matters that we have
agreed to slate lo them in this report and for no other purpose. To the fullest extent pemiitted by law, we do not
accept or assume responsibility lo anyone other than the company and the company's members, as a body, for our
woik, or for this report.
Respecti￿ responsTbiltties of trustees and examiner
The companls trustees Iwho are also the directors of the company for the purposes of company lawl are responsible
for the p￿paratiOn of the financial ststements in accordance with the requiremen15 of the Companies Act 2006. The
companls tTuslees consider that an audit Is not requiTed for this financial year under Chapter 3 of Part 16 Df the
Companies Act 2006 and that an independent examination is requiTed.
It is our responsibility lo..
examine the financial statements under section 65 of the Chaiilie5 Act",
follow the pro￿U￿5 laid down by the general Directions gwen by the Charity Commission for Northem Ireland
under section 65{9llb) of the Charilies Act,. and
state whether particular mallers have come to our attention.
Basis of independent examlnefs report
We have examined your company financial slalemenls as required under sedion 65 of the Charities Act 8rKI our
examination was carried out in accordan￿ with the general Directions given by the Charity Commission for Northem
Ireland undei section 651gllbl of the Charities Act. An examinalion includes a ieview of the accounting records kept
by the company and a compaiison of the financxal statements presented with those records. It also includes
consrderation of any unusual f(ems or disdosures in the financial statements and seeking explanations from the
trustees cOn￿rning any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is given as lo whether the accounts p¥esenl a 'true and fair. view
and the report Is limited lo those matters sel out in the statement below.
In connection with our examination, no matier has come to our attention whith gives us cause lo believe that in. any
material respect."
accounting records were not kept in accordan￿ with section 386 of the Companv&s Ad 2006
the financial statement5 do not accord with those accounting records
the financial slalemenls have not been prepared in acLordance with the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles of the Statement of Recommended Pra¢li¢e
applicable to charities preparing their accounts in aCQfjrdan￿ with the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS1021
there is further information needed for a proper unde￿landing of the accounts to be reached.
Independent examinerfs statement
We have no ¢onGerns and have come across no other matters in connection with the examination to whith attention
should be drawn in this report in order lo enable a proper understsnding of the financial slalemenls lo be reached.
John
cmahon FC
JOHN MACMAHON & CO
Charte￿d Accountants and Registered Auditors
112 Camlough RoatJ
Newry
Co. Down
BT35 7EE
Northern Ireland
Date.. 28 January 2025

Sticky Fingers Arts
IA company Irmtted by guarantee. not having a share capital)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Incomo and Expendtture Account)
for the financial year ended 31 March 2024
Unrestricted Restrlcted
Funds
Fund5
2024
2024
Total Unrestricted Reslricled
Funds
Funds
Funds
2024
2023
2023
Total
Funds
2023
Notes
Incoming Resources
Voluntary Income
Charitable activitps
Other income
8,816
67,638
6.000
76.306
85.122
67.638
47.400
273,787
273.787
106,070
1,800
106,070
41.400
1,800
Total incoming resources
82.454
117,706
200.160
106,070
275,587
381,657
Resou￿¢$ Expended
Charitable activitEs
104.388
114,775
219.163
75,346
285,144
360,490
Nat incomingloutgoing
resource5 before transfers
121,9341
2,931
119,003)
30,724
{9,5571
21,167
Gross transfers between
funds
Net movement in funds for
the financial year
121.9341
2,931
(19,003)
30,724
19,5571
21,167
Reconciliation of funds:
Total fvnds beginning of the
year
18
81,726
54,731
136.457
51,002
64,288
115,290
Total funds at the end of
the year
59,792
57.662
117A54
81,726
54,731
136.457
The Statement of Financial Acttvi(ies include5 all gains and losses recognised in the financial year.
All income and expendituie relate lo continuing adlvrties.
The notes on pages 11 to 18 form part ofthe finarrial 5tat8rnents

Sticky Fingers Arts
IA company limited by gLJarantee, not having a Share capital)
Company Number.. N1044255
BALANCE SHEET
as 8131 March 2024
2024
2023
Notes
FSxed Assets
Tangible assets
175,044
215,259
Current Assets
Debtors
Cash and cash equivalents
12
18,295
851
15,000
551
19.146
15,551
Creditors- Amounts falling due wlthln one year
13
176,7361
{39,1851
Net Current Liabilities
157.5901
123,6341
Total Assets Ivss Current Liabilitie$
117,454
191.825
Creditors
Amounts falling due after more than one year
14
113,7681
Grants receivable
16
141,4001
Total Net Asset5
117.454
136.457
Funds
Restricted funds
General fund lunreslrictedl
57,662
59.792
54.731
81,726
Total fund5
18
117,454
136,457
These finanoal statements have been prepared in accordance with the speaal provisions relating lo small companies
WTthin Part 15 of the Companies Act 2006.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006.. and no notice has been deposited under section 476.
The trustees confirm that the members have not required the company to obtsin an audit of its financial statements for
the financial year in question in acLordance with section 476 of the Companies Act 2006.
The Iruslees acknowledge their responsibilities for ensuring that the company keeps accounting ￿e0rd$ which
comply with section 386 and for preparing financial statements which give a true and fair view of the slate of affairs of
the company as at the end of the financial year and of f(s profit and loss for the financial year in accordance with the
requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companie5 Act 2006
relating lo financial statements, so far as applicable lo the company.
The financial statements have been prepared in a¢(x)rdano with the provisions appIl￿ble lo companies subject to
the small Companies, regime and in accordanco with FRS 102 'The Financial Reporting Stsndard applicable in the UK
and Republic of Iieland" applying Section 1A of that Standard.
Approved by the Board of Truste&s and authorfsed for issue on 28 January 202S and slgned on its behalf by
David Hanna
Trustge
The notes on p8g8s 11 to 78 form part of the finanoal st8t8menls
10

Sticky Fingers Arts
IA company limited by guarantee. noi ha¥lng a sharè eapslall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
GENERAL INFORMATION
Sticky Fingers Arts is a private company limited by guarantee incorporated in Northein Ireland. The registered
office of the company is The Imaginarium, 10 Upper Edward Street, Newry, Co. Down, BT35 6AX, Northem
Ireland which is also the principal pla￿ of business of the company. The financial statements have been
presented in Pound Slefling 1£) which is also the functional currency of the ¢ompany_
The fi'nancial statements cover the individual entity Sticky Fingers Arts for the year ended 31 March 2024.
The Charity is a public benefit enlily.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting polictes have been applied consistently in dealing with items which are considered
material in relation to the charity's financial stalemenls.
Basis of preparation
The financial statements have been prepared on the going concern basis under the historical cost convention,
modifEd to include ￿rtain items at fair value. The financial statements have been prepared in accordance
with the Slalernenl of Recommended Practice ISORPI 120191 "Accounting and Reporting by Charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland FRS 102" applyillg Section 1A of Ihal Standard.
Statomant of compliance
The financial stalernenls of the company for the financial year 31 March 2024 have been prepared on the
going concern basis and in accordance with the Slalement of Recommended Practice ISORPI Accounting
and Reporting by Charities prepartng their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard.
Fund accounting
The following are the categorises of fijnds maintained".
Restricted funds
Restricted funds represent income retxived which can only be used foi particulai purposes, as specffied by
the donors. Such puiposes are within the overall objectives of the company.
Unrestrictsd funds
General fvnds aTe unreslrictsd funds wh¢ch are available for use at the discretion of the Trustees in
furtherance of the general objective5 of the company and which have not been designated fof Other purposes.
Incoming Resources
Voluntary income or capital is inciuded in the Statement of Financial Activities when the company is legally
entitled lo it. its financial value can be quantified with reasonable ￿rtaInty and there is reasonable ￿rtaInty of
its ultimate receipt. Entitlement lo legacies is considered established when the company has been notrfied ot a
distribution to be made by the executors. InC￿me re￿iVed in advance of due perfomiance undef a contract IS
accounted for as deferred income until eamed. Grants for activities are reo)gnised as incorne when the
related conditions for legal enIrt￿ment have been met. All other income is accounted for on an accruals basis.
Incomg from charitable activities
Income from charitable activities include income earned from the supply of servi￿$ under conlraclual
ariangements and from performan￿ related gran15 which have condi(ions that specify the provision of
particular serVI￿S lo be provKJed by the company. Income from government and other co-funders is
recognised when the company is legally entitled to the income ￿caUse it is fulfilling the condf(ions contained
in the related funding agreernents. Vvhere a grant is re￿1Ve￿ in advance, its reeognrtion is deferred and
included in credf(ors. Where enlittemenl occurs before income is receNed, il is accrued in debtors.
Grants from governments and other co-funders typically include one of Ihe following types of conditions..
Perfom)ance based conditions.. whereby the company is contractu8lly entitled to fvnding only to the extent
that the ¢ore objectives of the grant agreement are achieved. Where the company is meeting the core
objectives of a grant agreement, it recognises the related expenditure. to the extent that il is reimbursable by
the donr)r, as income.
-Time based conditions.. whereby the company is contractually enlilled lo funding on the condi(ion that il is
11

continued
Sticky Fingers Arts
IA company Itmited by guarant8e, not having a share capitsll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
utilised in a particular period. In these cases the company recognises the income lo the extent it is ulilised
within the period specified in the agreement.
In the absencE of such conditions, assuming that receipt IS Probable and the amount can be reliably
measured, giant income is recognised On￿ the company is notffied of enlillement.
Giants received towards capital expenditure are credited to the Slalement of Financial Activrtie5 when
re￿iVed or receivable, whichever is earl￿r.
Resources Expended
All resources expended are accounted for on an accruals basi5. Charitable activities indude costs of services
and grants, support costs and depreciation on related assets_ Costs of generating funds similarly include
fundraising activib"es. Non-slaff costs not attributed to one category of actThity are allocated or apportioned
pro-rala to the slafting of the ielevanl service_ Finance, HR, IT and administrative staff costs are directly
attributable to individual activities by objective. Govemance costs are those associated with constilulional and
statutory requirements.
Going Concern
Al the date of approving the financial statements, the trustees have a reasonab￿ expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future.
Tangible fixed assets and d8preclatÉon
Tangible fixed assets are slated at cost OF at valuation, less accumulated depreciation. The charge lo
depreualion is calculated to write off the original cost or valuation of tsngible fixed assets. less their eslimaled
residu31 value. over their expected useful lives as follows".
Plant and machinery
Fixtures, fitbngs and equipment
40A Straight line
200h Straight line
Leaslng
Rentals payable under operating leases are dealt wf(h in the income and expendfÉure account as incurred
over the period of the rental agreement.
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at
the amount prepaid nel of any trade discounts due. Income recogni5ed by the company from govemnEnl
agencies and other co-fvnders, bul not yet received al year end, is inclLtded in debtors.
Creditors
Creditors and provisions are Tecognised where the charity has a present obligation resultin9 from a past
event, which will probably result in the transler of economic value lo a third party, ar*d the amount due to
settle the obligation can be reliably measured or estimated. Creditors and provisions a￿ normally recognised
at their sett￿Ment amount after allowing for any trade discounts due and al their present value where the lime
value of money is deemed significant. Funds already received from government agencies and other
co-founders that do not meet the criteria for recognition as income, are shown in creditors.
Cash at bank and in hand
Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of
withdrawal.
Taxation
No current or deferred laxatron arises as the company has been granted charitable exemption. Irrecoverable
valued added tsx is expensed as incurred.
The charity is a registered charty. and as SLbch is entitled to certain tax exemptions on incorne and profits from
investrnents and surpluses on any trading activities carried out in the furtherance of the charity's PTIFnary
obhectkves, if these profits and surpluses are applied solely for charitable purposes.
The charity is not registered fof VAT and. accordingly, all their expenditure is indusive of any VAT incurred.
Pensions
The company operates a defined contribution pension scheme for employees. The assets of the scheme are
held separately from those of the company_ Annual ¢onlributions payable to the company's pension scheme
aTe charged to the incorre and expenditure account in the period to which they relate
12

continued
Sticky Fingers Arts
IA Company limited by guarantee. not having a share capilall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMA TION UNCERTAINTY
In the application of the Charity's ac¢ountirÈg policies, the Trustees are required to make judgements,
eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other Sour￿$. The eslimales and as%icialed assumptions are based on histortcal experience and other
factors that are considered to be relevant. Adual results may differ frorn these estim8les.
The estimates and undertying assumptions are reviewed on an ongoing basis.
Revisions to accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the peiiod of the revision and future periods where the revision affects both current and future
periods.
Depreciation and amortisation
The trustees eX￿rcISe judgement in the delemiination of the useful economic INes and residual values of all
classes of fixed assets. These asset5 are then depreciated over their useful economic live5 to their residual
value.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2024
2023
ACNI
Newry Moume & Down District Council
BBC Children in Need
Foyle Foundation
Other
484
3.332
45.433
15,480
45.917
18,812
131,319
47,397
23,600
18,000
53,471
5,000
15,393
20,393
B.816
76.306
85.122
273,787
CHARITABLE ACTIVITIES
Unrestricted Restrictsd
Funds
Funds
2024
2023
Earned Income
67,638
67,638
106,070
OTHER INCOME
Unrestricted Restricted
Funds
Funds
2024
2023
Other incoming resources
6,000
41.400
47,400
1,800
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
other
Costs
Support
Costs
2024
2023
Opeialion of theatre and arts ￿ntre
Governan¢e Costs
Art House
Productitsns
Depreuation
118.286
29.624
997
19,445
8.892
167,355
9.889
1.704
171,460
71,600
2.650
99,678
15,102
1.704
40.215
40,215
119,990
70.836
28,337
219,163
360,490

continued
Sticky Fingers Arts
IA company IFmited by guarantee. not having a share capitsll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
SUPPORT COSTS
Charitable
Activities
2024
2023
Legal and other professional fees
Telephone
General offi
Rates
Insurance
Light & Heat
9,768
4.031
232
714
4.525
9.067
9.768
4.031
232
714
4,525
9.067
664
2.096
324
596
4,163
10.089
28,337
28,337
17,932
ANALYSIS OF SUPPORT COSTS
2024
2023
Legal and other professional fees
Telephone
General offi
Rates
Insurance
Light & Heat
9,768
4,031
232
714
4.525
9,067
664
2,096
324
596
4,163
10,089
28.337
17,932
NET INCOMING RESOURCES
2024
2023
Net Incoming Resources a￿ stated after chargin9llcreditingl:
Depreciation of tangible assets
Operating lease rentals
Motor vehides
Independent Examine￿5 remuneration..
independent examination services
Amortisalion of grants iec*ivable
40.215
15,102
4.836
4.836
3,000
141,4001
5,113
{1,8001
INVESTMENT AND OTHER INCOME
2024
2023
Rontsl Income
Amortisalion of capital grants rec*wed
6,000
41.400
1.800
47,400
1,800
INTEREST PAYABLE AND SIMILAR CHARGES
2024
2023
On bank loans and overdrafts
4,580
2,129
14

Continued
Sticky Fingers Arts
{A compatry lTrmited by guarantee. not having a share capitall
NOTES TO THE FINANCIAL STATEMENTS
for the financial yeai ended 31 March 2024
10.
EMPLOYEES AND REMUNERATION
Numbgr of employees
The average number of persons employed (including executive tfustees} duiing the financial year was..
2024
Number
2023
Number
Employees
The staff costs comprise..
2024
2023
Wages and salaries
Social secuiily costs
Pension costs
78,620
1,680
1,704
133,335
5,383
2.650
82,004
141,368
None of the individuals employed by the charity earn a yearly salary above £60.000.
The lolal amount of employee benefits re￿iVed by key managetrEnt personnel is £48.300.
11.
TANGIBLE FIXED ASSETS
Plant and
Fixtures.
machinery fittings and
equipment
Total
Cost
Al 31 March 2024
166.745
228.597
395,342
Depreciation
At 1 April 2023
Charge for the finanaal year
50,505
6,670
129,578
33.545
180,D83
40,215
At 31 March 2024
57,175
163,123
220.298
Net book value
Al 31 March 2024
109,570
65,474
175,044
At 31 March 2023
116,240
99,019
215,259
12.
DEBTORS
2024
2023
P￿paYMents and accwed income
18,295
15,000
15

ontinued
sticky Fingers Arts
{A company limited by guarantee, not ha¥lng a share capttèll
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
13.
CREDITORS
Amounts falling due within one year
2024
2023
Bank overdrafts
Bank loan
Taxation and social security costs
Other creditors
Accruals and deferred income..
Pension accrual
Other a¢¢ruals
28,804
12,145
24,301
3.462
1,507
12,836
15,201
4.893
324
7.700
248
4,700
76.736
39,185
14.
CREDITORS
Amounts falling due after more than one year
2024
2023
Bank loan
13,768
Repayable in one year or less, or on demand (Note 131
Repayable be￿een one and years
Repayable between and fThre years
40,949
14,143
13,498
270
40,949
27,911
The total secured liabilities as al 31 March 2024 are £40,949 {2023". £27,911>. The Bank hold a f￿ed and
floating charge over property and a negative pledge.
15.
PENSION COSTS - DEFINED CONTRIBUTION
The company operates a defined contribution pension scheme.
The assets of the scherne are held
separately from those of the company in an independently administered fund. Pension costs amounted to
£1,70412023 - £2,650)
At the balan￿ sheet date there was an outstanding liabilty of £324 12023.. £2481 due to the fund, IhFS is
included in creditors amounts falling due within one year.
16.
GRANTS RECEIVABLE
2024
2023
Capitsl grants received and receivable
At 1 April 2023
48,077
48.077
Amortisation
Al 1 April 2023
Amortised in financial year
16,677)
141,400)
14,877)
11,8001
Al 31 March 2024
148.0771
16.6771
Net book value
At 31 March 2024
41,400
Al 1 April 2023
41,400
43,200
16

continued
Sticky Fingers Arts
IA company limited by guarantee. not having 8 $hare capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
17.
RESERVES
2024
2023
Al the beginning of the year
{Delicit}ISurplus for the financial year
136,457
119.0031
115,290
21,167
Al the and of the year
117,454
136,457
18.
FUNDS
18.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
Al 1 April 2022
Movement during the financial year
51.002
30,724
64,288
19,5571
115,290
21,167
Al 31 March 2023
Movement during the financial year
81,726
121,9341
54,731
2,931
136,457
{19,0031
Al 31 March 2024
59.792
57.662
117,454
18.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 April
2023
Income Expenditurg
Transfers
betwee
funds
Balance
31 March
2024
Restricted funds
Restricted funds
Unrestricted fund5
Unresthded funds
54,731
117,706
114.775
57,662
81,726
82,454
104,388
59,792
Totsl funds
136,457
200,160
219,163
117.454
18.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charity use
Current
assets
Current
liabilities
Totsl
Restr￿ed funds
54,847
2,815
57,662
Unrestricted general funds
120,197
16.331
{76,7361
59.792
175,044
19,146
176,7361
117,454
19.
STATUS
The company is limited by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of its being
wtsund up while they are members. or within one year thereafter. for the payment of the debts and liabilities of
the company contracted before they ceased to be members. and the costs, charges and expenses of winding
up, and for the adjustment of the rights of the contributors among themselves, such amount as may be
required, not exceeding £1.
17

continued
Sticky Fingers Arts
IA company limited by guarantO0, not having a share capilall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2024
20.
TRUSTEES, REMUNERATION
The trustees did not re￿$ve a remune¥alion during the financial yeai. The t¥U5tees dKI not have any expenses
reimbursed during thè financial year.
21.
RELATED PARTY TRANSACTIONS
No trustees or other person ￿lated to the charity had any personal interest in any contract or transaction
entered into by the charity during the financial year.
18