Cinemagic Limited Company Limlted by Guarant99 Trustees. Annual Report (Incorporating the Directors Report) Year ended 31 March 2024 The truslees, are also the dlrectors for the purposes of cOmpY low. present Iher report and Ihe financlal 81atements of the chwity for the year erbded 31 March 2024. Reference and adThinlstralive details Rogls1gr•d charfty name Onemagic LiTnlted Charlty r•qlstratlon numbw XR28542 Company registration number N1033497 49 8otanlcAv8nue Belfast BT7 1JL PrinGlpal offiGe R•gislerèd offiGè Glo FEB Charteréd knountants LineTthall Exchang8 26 Linenh811 Streel Belfa5l BT2 8BG The Irustees Ms M Haffield Mr A O'Neill M5 K Smith Ms G Muween Mr M Lennox Mr P SrK)dden Audltor FEB Ch8rtered Accountgrbts Chartered ac¢ountsnts & statutory auditor Linenhall Exchange 1 st Floor. 26 Linenhall Street Belfast Northern Ireland BT2 8BG Bank•rn k of Iraland 4-8 High Street Belfast BT12BA
Cinemagic Limited Company Limited by Guaraffttee Trusteas. Annual Report (Incorporating the Dlrector's Report) (contlnu•dJ Year ended 31 March 2024 Stiu¢tur• govarnae and managemont Clnemagic Llmited Is COn8tled as a conwny Ilmlted by guarantee and is govemad by MeMadUm and Artlcles of AssocAatlrkn. The Board of Trustee5 are responsible for th8 Strateg management ol the charfty. The Board of Trustees alld name5 of wincipal advisers are sei out on page l. The Board appolnls 41 new Iruslees based on sdectK)n crileria. W1ch eri5ures that collectively it maintains a broad range of relevant skills and experience. An In10 programme Is offered io all n8W tru51e8s lo ensure that they aTE briefed on the charitys objects. strategy and activities. The Ifustees have the overall responsibility fu the system of Inlern81 conlrol for Ihe charily. which Includes ensuring thal there are reasoriable procedures in place for the wevenlion and delection ol fraud and olher irre9ularilies, kh)wever. such a system can provide only reasonab, bul not absolule. assurance ag8lnst errors and fraud. Slgnifi¢ant risks aro hhlIghted for corbsiderduon and monitored by the Board. These InclLKI8: - Ihe risk of cuts in ftjnding beyond 2023-2024 funding aeeMents. and the risk of failing to build sufficient cash reserves; All major rlsks to whlch Ihe chty is exp058d, which have been entIfIed by these procedure8, have been reviéwed. Systems have been irrlplemented to miligate these risks and are Continually developed or enhanced. Risk asse5srnenl 15 trArri8d out on an annual basis, Financlal systems for selting, contrtslling and monitoring bLKl9èts have bw) immenl8d and are continually monltored. Ob]•¢tlves and actlvhl•8 ObjeGtive5 and activities Clnemagic Ls a youth arts organisaiton thal seek5 to use film exhibition production as a vehlcla to nspire and engage young people. Its misslon statement is lo maximi5e the impact and reach cf film. telèvision and dlgltal technologie5 lo educate, motivate and inspire chlldren and yOLmg people, with an ernpha515 on those al d15advantage and from disadvantaged backgrounds, through the medlum of ffilm educatlon programmes. film screenings and 5kllls (knelowent mastercla5se5 and Inltiatives. Clnemaglc dellvers agèlnst thls mlssion through a number of wayE', The Clnernagic B8lfasl Film Festival is tha largesl 111m feslival for Chddren, Families and Youn9 P80pl8 in thè UK arJ Ireland. Now ehl8ring ils 35lh yèar and lyplcalty laklng placè @h October, thé festival provldes a monlh40ng pro9rarnrr made-up of film screenings. work8hop6, Q&AS, m881erclas88s, fikm juries and lilm UCatIon event8. The programme is spllt inlo three main sections public film screenings. public workshopg & masterclasses (focused on skills development), and aducation evenls for schools anrj colleges. The festival seeks to promote and celebrate a diverse and varied range of Intern81ional rim8 and fllm relaled opportunities, provKling young audiences a high quality of fllm choice and access to new independent wld cinema.
Cinemagic Limited Company Limited by Guaranté• Trustees, Annual Report Ilncorporatlng the Dlrecto¢s Report) (clIV91 Year ended 31 MarGh 2024 Objectives and activities (condnuad) Objecllvos and acllvltl06 (¢MNnuedJ The annual Cinemagic -on Tho Pulse. Festival celebrates and showcases sh(wl films. Taking place in March and targeted al children. lamilies. 5clw)ols. yowg a4Jults and young filmmaker¥. the yogramme includes films and fflm review programmes. masterclasses and Q&A opwJrtunities for aSPiTing film. television and medi8 crealois. A collection of films ffom Ihe Cinemagic Young Filmmaker Compeltrlio are exhlbited along wfth contemporary international short films. Young PeOe have the opportunlty lo partlclpate in workshops. tutorials and talks covering many aspects of ihe filmmaklng process. illustrating the Imp(yian of short filmmakirYJ in the dwrfelopment of practical skills suslairwble caTeers in the creative industries. Throughout the year a Key Stage 3 programme Is dellveTed by Cinemagic in up 10 10 post-prlmary schools In Northern Ireland. The aim of Ihe project is to encourage young people lo consider MoviThJ Image Art as a GCSE and to provlde them with an inslghl to Ihe careers available post education. Workshops and maslerclasses are delivered erther face-t&face in schools or online by local screen industry professlonals. A 4-week animatl(In Program bs deliverEd by Cinemagic to e Specrdl Eall0naI Needs Sch(K)1s. Working alongsid& a digital ar1151, workBIKJPS wll bÉ delivered In schools to youtsg people attd cOdif18d with th8 sch¢)oI SEN Gwdinator, Cln8rnagic also offer5 a free tsS section to the festival prowamffles lo cater for IndivU315 and communilies that would not otherwise be able to afford to attend the film. To 5UPPOrt local Foodbanks. Clnemagic ha5 dedlcated film 5creening5 working in partnership wtlh Trussell Trust Instead of paying for a Tegular ticket to a film screening, audiences are asked to donale an essential Ilem on the day as ithndfled by the Fijod Bank. Cinem•gi¢ Alms and Objectiprns Thé airns and oblective5 of Cinemagic are as follows: Alm 1- To be recognized Intematiortalty as thè leading young peoplé's fftm fÈstival. 1, To Go-design a culturally diverse annual festival programme with and for young people, 2. To develop arml malntain 5trategiG partnorshlps in the UK and Ireland, USA and Middle Ea8t, wllh showcases to highlighl Ihe work of Ihe tharity. 3, To monitor media and markeling activities to evkknca the engagemenl and f8ach of feslival activities. 4. To galh•r Informatlon from 18slival participants that sf#)ws Ihe Mrjpact and outcomes that lh8 lestival has achièved, inciudlng 1hroh casè studies and f8Stival aluffffll succwa 8loriès. Aim 2 - To give young peopJ8 froffl all backgourK15 opportunty to access and engag8 wilh fllm. 1. To offer a prograrnme of activille5 that e acSsible to all sedions of society. including free to accÈFS OPPOrtunlties. 2. To larget outieach aGtivttie5 4n areas that have b8en identifd as being 50CiOveconomically disadvantaged or that have harder to reach In the past, irKludlng rural areas. 3. To prloritise groups that have been tradltlonally underropre5enled In the Scfeen Industr5. Includlng young peoplo, women, minorily ethnic. disabllity and those Ihat have not had the opportunlly to ngage in screen as a part of Ihelr leaming. 4. To ratsè awarenéss amonosi young audierKes of current Sle1a1 Issues Ihnxjgh film, including provlding support lo local Food Banks.
Cinemagic Limited company Limited by Guarantoe Trustees. Annual Report (Incorporating the Dlrectorfs Report) (cofttlnu•dJ Year ended 31 March 2024 Objoctlves and activlti¢s (¢onlthudJ Cln•mag1¢ Alms and ObJectlv•s (conunuerf) Am 3 To ullli88 fdm to educate, inspire and nvate young people. Informing thelr catrer Pfogresslon. 1. To provide a comprehensive programme ol educelional worf(shops, film discussions. and Industry maslerclasses thBt wlll enhance opporlunilles for young people to expeflènce and learn about fllm. 2. To develop skills that contribute to luture education ff)Utes and enhance potenll81 employ8blllty prospects. 3. To increase access to hands•on filmmakirwJ training and inslghts from industry professlorbals from ompanies acfOSS screen indusiry sectors. 4. To r8ise Ihe espif8tions of young people as lo whal they can a¢hlw4e in their future cwegrs in the screen sectors. 5. To increase awareness of lob roles availa In the 5 screen sectsys In Nl. Alm 4 - To produce hlgh-qualily 18slivaJ film prograrrmnlng for youn9 p8ople Ihal cèlébrates 111m cullure. 1, To org8nlse annual f8slival progr8mm8s that exhibll ihe cultural a8pecl8 of screen, providing opportunlties to viéw dlverse and exclusivè film cont8nL both int8rnational and homè grown. 2, To provid8 OPPOrtunllies lor your¥J P8OF48 to curat8 a cullural film programme as Young Consultants. 3. To provide opportunllles for young people to view and dlscuss a wlder range of mving Image material, Including as Young Jury Members. 4. To deliver a Young Film Makers compelilion each year, screeniThJ films rnle by youn9 people eklebrating and nurturln9 young filmmaking181. 5. To engage wlth a range o( stakeholders {dlstributors. exfAbilk>n venuos, cx)mmunlty groups, charlties, media. etc.) lo develop and deliver ? ders8 and alble feslival pr(MJramme. Alm 5 - To bè a financiaiiy sÉcwe end sustain&b c9an18aiK wllh a prof8sslonal, ¢OnWèt8nl and mollvatèd workforce. 1. To secvre fundlng from bt)th publlc and prfval& Secl 80urces lo ensure Cln8fflagic remains viable. 2. To incréase annual box office by 5%. 3. To provide opporttsnitses for slaff dèv81opxnenl Ihrough training in areas sch as funding, sponsorshlp, èxhSbition, marke9 and produciion. 4. To support staff Ihrough the del&v8ry ol perkth appraisals. CCEA Clnemagic have produced resources for CCEA for the lasl 6 years. We produte short fAm5 that aè reflective of issues Ihal ar8 being taught in the curriculum. This partnership work5 Incredibly w811 as CGEA have Ihe expertlse in the wrlling the resources and our scriptsl short riFms bring Ihese to light. Much of OLff feedback Irorn teachers will refer lo how we allow them to bng lhose more challenging 155ues Into Ihe classroom and dI5$S thBm wilh cuffideftt8. We rec8nlly produced resoLwces wound Period Dlgrw and Consenl. These WMI all go live on Ihe CCEA webslte In the nexl few weeks and we be delivering some PR around these educational resources. You can view examples of work on CCEA'S websit8 on their Active Citizenship with Drama page hll %=Ilr,ce.i?.lJ .ukll8gmln -fe.qthJrcIrl[ve-t)¢I7e$ttl IIF8tii -rilm-and•ratn.i#.' .'te.xl-'CCEA°120Ar '/421)dp.li hlpd'/ 2111n'<l,2(1 ravicle Ip..2r.he.r¥o2n li1dar.P."&2nt?Iid'K21 '.211trJtskl81s.
Cinemagic Lirnited Company Limited by Guarantee Trustees. Annual Report {Incorporaling the Directorfs Report) (ctrndnugd) Year ended 31 MarGh 2024 Oblo¢tlve$ and activltlos (¢ontlnu¢d) SEN Educallonal Piogrammes Clnemagic corn8ted the dellvery ol an OCN Level 1 In Creative Dlgltal Praetlces al Cedaf Lodge Special School. Th(oughout 20224 Clnèmagic worked wlth the school to support thls achiev8ment using animation as Ihe vehicle lo dekver Ihe key components of the accreditatir)n. The YOU pe¢)ple learned the lolbwing sklll& Uslng tèchnology (IPADS) N8w applications ' ConfldentÉ Skills ' How lo work as a "Gre Deadllne5 ' Cthnmunlcation Skils Following Ihls we Gontlnued our work with 6 schools to dellvei an animation prryJramme. Over 4 weeks schools across the province had acce55 to a 2-hr weekly workshop where agaln th8y learnad new animation tèchniques using ipad5. Thls academlc year we are deverIng 6 x 4-week Gaming workshops. Using the app SCRATCH the young people will be create their characters and develop a game. We will also be ¢)ffering 5 St8nd8lone Cieative Days for SEN groups. cin8magiC 18 managed by a Chief Ex8CUtP18 who reports lo a Board of Diréctors and 88 a chari4y, ClnemagiC'8 fundralslng model includes a comblnatson ol publlc funding. prSvaté sponsorship. and Selfer&raI8d incOff from evenl lickel sales. Establi8h8d In Belfasl in 1989, durnig the Troubles,, clnemagic's alm was to bring together young Catholic antj Protestant ¢hlldren in a safe environmenl, where Ihey could meet each olher. learn about their respective cultwes and Iradilions and develop new skills and confidence. Cinema9lG believes that lilm arKI le1510n provlde mLYe inclusive and 8ccessible ways to womote le8rnlNJ, MOVation, sklls developmeni and stimulating Cross-conLltY engagemeni arno young people. Dlscussion *)d Intéraction bet¥V88n young people from different backgrounds entourages and Promotes rÈspecl and facilitates shared eduealion ahd lèaming and social intègration in a posillve way b8twe8n communities, Cinemagic has worked on num8rous communily filmmakSng projÉcI8 ov8r thè last 34 years, with hundreds of schools cross communily peac& and reconcltiOn projècts and Ihè production of Northem Irèland's and Ireland's Ilrst ChrSstrnas featu film 'A Christmas Star. and In 2017, Cinemaglc's second featurè fthr Graeé and Goliaih. The organisation ¢uff8ntly dev8lop8 film Irair)Ing prole¢ts and educalional oulr8ach films Ihroughtsut Norlhèm Ireland, Ireland, LA and Mfrddl8S East, providirtg skills tspportunilies and aCtICal 8xwlèn¢• yrking on fllm séls. CinemagK has developed a worldwide repUtalK fol exc4llenGe in children'5 programming and I creative and innovative approaches to strengthening and txjilding skius for the future In creative InduB1riè8. It 15 Gurr8nlty the largest film 8vent for young pBople in Ireland and the UK, now allracting over 40,000 peoplé annually. To dale Cinemasqc is focuséd on the cultural, social and educational benefi'ts Ihat film can bring to lackling povety and social exduBton and has foGused these values on all of Its activities.
Cinemagic Limited Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Dlrectorfs Report) (conilnwdj Year ended 31 March 2024 ObJe¢tiv¢s and activltles (¢•nilrn* Clnemagic dellvers creative programmes whth address sodal exduslon and as80¢iat8d problems ol bullying, drug8. Qthar addicllons, sectarlanism - i.e., hard hilung Issues Ihat young people are dealing wlih daily, particularly In areas ol soclal and ecommic disadvange. Th6 organi8atlon works wilh hundreds ol schools and community groups at gT8SS roots level through¢)ul Northern Ireland, Ireland. and Ihe USA. Building on this work the (xganisation delivers LYQSS community projects whlch engage wilh similar projects on an interconllnental basis to bring young people Irom across Ireland, and from vaiious backgrounds and 8bilities. tOgetr with intemational peers lo learn and share ideas. Cinemrfic lo dévelop thè 8ki115 and eapabllltles of thè n8xt gèheration of young pèopl8, partlcularly those frtm disadvanlaged arèas and backgr(nds. by exposing ihem to Intérnational xpertise to h8lp devek)p skllls for the fulure. Alongside Ihls the organSsation Seeks to bulld powerful intemational political and corporale netWOTk5 Ihal can be leveraged to help to grow the Creative industries locally, natlonally. and internationally anLI seala up a5 Outstarlg (xeative and Innovative approaches to tackle povwty and social exGluslon. Ow ethos is underpinned by ihe belief that experwcing film and encouraging filmmakirig helps young people bec(Nne critlcal thinkers, allows Ihem to examlne the wd around Ihem and discover cujltures beyond Iheir own. Cinemagic prograrnr are designed lo inspire. motivate, and educate young people, conlribullng to Iheir cultur¥l, creative personal developrrEnt. Cinemagi¢ hosts annual film feslivals 8nd programrnes in Bexast, Dublin. LorKton. Boston. and L05 Angeles. 0r Ihe last number of years Cinemagic has been proud to welcome guests such as Brian Go Danny Boyle, Slr Alan Parker, Colln H8nks, TrAark Kernde, Surann8 Jones, H81en Mirren, Ralph Fiennes, Lindy Hemming. Danny Boyle. Stephen Wafbeck, The Henson Company, Roy Disnpy, Hamlsh Hamlllon, Dermot O'Leary. Saolrse Rortran. Liam Neeson arid mary more induslry prolessionals lo Ihe festival where they have 9fven thetr time lo share knowledge and skills wllh young people. HOW OUR ACTIVITIES DELIVER PUBUC BENEFIT ClnemagiG dellvers edwational and outreach evenl¥ thr(ghout the year and with Ihousand8 of young people from very marginali5ed areas. Cinwnagi¢ is a vehicle which can bring young people togelher irr&spective of their race, coiour ecomIC backgroLmd to engage In intercullural dialogue and breakdown barriers in a posilive and educational (xeatiV8 enwrornnent. Cinemagic Fxojects nol only develops yourvJ people's confidence. sblls, perspecliv6s bul helps how they conlribLhte to Iheir MMUnitieS and those 8foLmd them. Cinemagic can facilitate cultural exch8ngp between young people from differerbl communities and countries and provide unique opportunities inspiring and supporting entry into Ihe lilm and televisi( sectors and the wider Cfealive Induslries. CInemac focuses on d8veloplng W80nal Skills and asslsting In findlng way8 for young p6opl• lo gain v8luabl8 training and aaslsl with closing Ihe sklll8 gaps which currently èxist In Northem Irèland. Ginémagic is a mod81 of excèlence In uslng the cr8ative industries to inspir8 scKial ar 8conomlc change, We believe thal Cinemagic has a rcAe to play in helping Northem Ireland build a peaceful. fair and prosperou5 soclety, which promotes eqLAI OppilleS and tackles SOGial excluslon for young people Irom area5 of extreFne dlsadvantsge.
Cinemaglc Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Dlrectof s Report) (Gonllnuodj Year ended 31 MarGh 2024 Achlev¢mgnl$ and performance Now in Its 35th year, Cinernaglc is an award-winnlng Mil8rnatlonal chldren's charlty that insplres. educates and Èmpowers youn9 people through the medium of fllm and lelevislon, We Nn Europe's largest chlldren's rim festival wllh ambitions to become the largest Ghlldren's Fllm Festival of its klnd, Founded in 1989, Cinemagic has touch8d lh8 lives of more than 5(KI,OCKI young people at home and abroad. The majority of young people we work with are from rnarginalised or disadvaniaged backgrounds. Vve dirÈclly louch the live8 of moro than 40,000 ytsuro pts0p around Iha world èach yéar wllh Plan8 to in¢f8ase thal figutÉ substanllally over the next th(8e yèafs. The focal PnI of our cultural outreach Is 'Feslhval' but in recent years have expanded our core product to in¢lLKJe differenl layers of oulreath social, edatIonal and vocational. This activity i delivered pn'marily through eduratsonal progranvnes. industry led initiatives and community-based pnijects. Clnemagic's Impact on the Ilves and CLfftural wenbeirw of indivithJals and commun6ties is profound. Our mission statement is to ignite the passion and potential of young people through the magic of movlng image and our pwpose to creale WOW through experier. Our legY wlll have been to 'change the lens Ihrough thIch young people see themsefves aThJ iheir surroundings,. KEY ACHIEVEMENTS o Cinernaglc recently won Best Creallve 8u51ne85 in th8 2019 Belfast 8usiness Award5 o In March 2019 Cinemagic was Honoured to be seleded aThJ vislted by The Duke arKI Du¢es5 of Cambrldge to Honour Ihe Work of Ihe chw&y. o C#)eh9ic18 rec&wnis•d lo( ils ability to énga wilh young p8oplo. to slimulal8 dlscussion ort soclal Issu88 and to in8Plfe and en¢owage chlldr8n and young people to thrfve armd be fully engaged in lh8 social and etot)omlc life ol their communlty. Cinemagic delNers cr8ative programme8 which addr8SS soci25 Éxdu81on and associal&d problèms of bullying, (ugs, olh8r addicllorts, seclarianlsm h¥d-hliilrng issués thal y(xJng pèople aré d8alirKJ Wilh on a daily bas[8, Wilcularfy In areas of 80clal and ecornmbc dlsadvantage. o All Cinemaglc aGtivSly such as screenings, Workshops. ma5teTcla55es and film Gamps provide cornpllmentsry places to young people from areas of social and economit disadvantagè. Cinemagk also proaLtively works with young people with v*lous levels of dlsability. o Clnemagic proacllvety t¥rgets young people aged 4 25 who would not nomialty have an pportunity to access creative initiatives thal can build confidence and enhance learning. Cinemagic activities also have a slrong Intergenerational Social Inclusion focus. o Clnemagic supports equallty ol opportunity young people frcxn dIs8dvla9ed areas and backgrounds by provlding opportunilies loloam from leadlng film and tebvision professlonals through Ihe festlval $ducation programme. The organisalion works with hundreds of 8chools communlty groups at a very grass r(x)ts level Ihroughout N¢xlheffl Ireland.
Clnemagic Limited Company Limlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) (ctmtlnugdl Year ended 31 MarGh 2024 Flnancial r&vloW Results lor the yoar ended 31 March 2024 are given in the Statement ol Financial Acilvllles on page 15. The assets and liabllltles as al 31 March 2024 are en on Ihe Statemenl of Financial Posltion on page 16. The flnandal statemenls should be read In ClUnCtIOn wllh th8lr relatèd notes, whlch app8ar on pages 17 to 27. In sumrnary.. total incoming reS0CeS dècroasèd by 3.31% (2023: Increasé of 3.16%) to £609.364 12023-. £630,)4) total resourGes expended decreased by 0.75% (2023: irreaSe of 0.22%) to £607,293 12023: £611,868) . nel surplus lof the year on restricted lurKls v8 £2.071 (2023 net surOUS of £18,336) The charity'g key fderS In 2023r24 w9 NoTlknem Irela1 Screen and 8elfasl City Council currently contrlbute funding towards its core aGlivitles 1h addllional major funders of Dep3rlment for ju8ce, CCEA, Sklllset, BFI, Bank of Ireland, Lottery, Ignite. Arts Councll. Community Art Foundation & Creauwe Industries & Dlgital TÈ¢hndog5 Fuf¥J provi(kng major furtdg for othor spÈclfflc pro182ts urKl8rlakon by Cinemagic Limited. DESIGNATED RESERVES The Boaid has examined Ihe charivs requifernents for reserves in light of the main risks to Ihe organisallon. 11 has e51ablished a policy whereby the unreslricted fiJrKls rM)t committed or Invested In tanglble fed assets held by the chlty should be between 3 and 6 months of the eXpendIre. The resers are needed lo meet workir¥J Capit requirements of the charily and the Board a nfident that Ot the lev4 agre¢d Ihey woukj be ablo to conbnue the Current activities of the charity in the evenl of a signrfic8nl drop in fundirrfJ. Th8 prenI 18véI of r8serves avallabl8 10 thè charlly f* iusl over Ihe 3 mMih largel18v81. Th stralegy Is io continu8 to build r8ser¥8S throu9h plarnièd op8rabn9 8urplus8S.
Cinemagic Limited Company Limited by Guarantee Trustees. An nual Report {Incorporatlng Ihe Dlrectorfs Report) (contlnug¢lJ Year ended 31 March 2024 Plans for futur• periods KEY STRATEGIC GOALS STRA TEGIC TARGETS for 2022025. Secure funding of £600,000 in 2024, to enable Cinemagic to defiver all projects. In 2024, we alm lo produc8 a rich and diverse festival progtamm8, InCreaSg engagemenl with sch(K)Is and wmrnunilies by 5% per year. Thè 2024 Cirtèrhagic Belfast Film and Telévlskjn festival will inthjde a thlnlmum 01218 8vents Iha wlll providè 8n Èvèrt bigger platform for learrtlng and d8vek)pmènl. ' Tts dèvèlop the Young Consultants programming panel. Cirtéffla Film Jury prograffi. BFI Fllm Academy and additlonal outreach programmes and projocts, grtswlng audience participailon by 5% p year. ' Grow Ihè Young Fllm Maker Cornpèlition. 'On the Pul. into a 81andalone 8vÈrtI whlch happéns as 88parale tim8 of th8 yéar to thfr leslival, s8curlng ovèr 600 èntriès per yéar. The objéclives are to grow lh• evenl 'On th8 Pu188' inlo an annual cullural and film making ¢omp8litK)n and festival whlch attracts hundred8 of local and iniérnalional p8rtitipanls 8ech year. To delivèr 2 Intefnatiortal rM making projects per year. To devèlop th8 Cinemagic Alumni network arKJ a franMvor lor peer lo peer learnlng, thal support8 wlder industry talent developmert. . To grow fUj1nglSP0SorShlP reveNes by al least 5% over the nexl 3 years. ' To deliver mIn1wrn x 5 short filmsJl)ehind the scenes (kncumentwies per year. Internatlonal Grnwth In March 2022 CiTr8magic and The Brlti5h C(m5ulatè Los Angeles launched a creative and Inrtovative new film productkjn Ihat will st1Ulat@ debale aThJ di8CU551on on efivironmental and climatè change155ues using film and media as Ihe vehide. The film wlll be prod4Jced wilh young people fronl margin8li88d arèa8 In LA to rai88 aware83 of Ihe i&8ue artd to build skills. In May 2022 ¢inemagiG Film Festival delivered a ground-breaking prograrrme in Amman. JordaD, partnership wilh Generalions for Peace. founded by HRH Prince FeBal Al Hussein of Jordan. The progtamrne supported by Ihe Irish Department of Foreign Affalrs and Irish Ernbassy Jordan, Included online fllm masterclasses dellveTed by Cinemaglc for young people in Amman who have been collaborallng to iaise awareness of issues they are passionate about. The culmlnalion of the piolect Is a Short Fikn Acadgmy with 20 Jordaniall and Syrian youth irbduding Palestinian and Syrian refuge&s. In May 2022 the project was endorsed by HRH Princess Rym Mi, Commissioner al thg Royal Fllm Commlssion Amman, and In Septembèr 28 2022- Undèr the palronage of HIS Royal Highne55 {HRH) Prlnce Feisal Al Hu55ein, HRH Princes5 Aisha Blnt FÈisal. and HRH Princ055 Sara Bint Feisal, and In the presence ol Hi5 Excellency the Mayor of Amman, Dr Yousef A Shawarbeh, Her Excellency the Ambassador Ireland to Jordan, Marianne Bolg8r, and CEO of Clnemagic, JO Bumey Keatings MBE, Generallons For Peace (GFPI hekl Ihe first screening of ihÈ short film. Abia, at its headquarters In AIHusseln Youih City In Amman. D8liv8ring Intèmalional 8ducaLlonal film and tralnlng projècis ol this kind wlll happèn on an annual basis. The same format was repeated agakn In May 2023 wrth Ihe productlon of Clnemaglc's second film producbon 'An Olive Branch. in Amman. thjrdan, in partn8rship wlth Generations for Peace. Trustees, responslbllltles $tstem•nt Thé trusl8es, who are also d*8ctors for the purposès of cc¥npaty law, are rèsponsible for prèparing thè trust88s' rÈwrt and thè financial statements in accordancè wilh appFicable law and Unlted KingOrn A¢Cjnt1Trg StandÉrds (Unit8d Klngdom Generally Accepted Accouftting Practic8).
Cinemagic Limited Company Limited by Guarant•• Trustees. Annual Report (Incorporating the Dirèctors Report) (contlnu•dl Year ended 31 March 2024 Company law requires the charity trustees to wepare finan1 slalemenls for each year which gbve a Iwe and falr view of the slate of affairs of the charitable company aThJ the incomlng resources and 8ppllcation of resources, Incluthng the Incle and exper)dilure. for that perlod. In prepaN"ng these financlal statentS. Ihe trustees are r8qui(ed to: selecl sultable accounting p(4ic4es arKI then apply them c(SIstelly. observe the methods and principles in the applicable CharilEs SORP. mak&Judgmènis and &(nrt9 eslimatÈ8 thal 8fe rèasonab and pnJdÉnt: prepare the financial slaternents on the goir¥J concern basis url8SS it is knapproprialo to presume thai the charity will continue in business. The Irustees are responsible for keeping adequate ac£ounting records Ihat are sufficient to show and explaln the charStYs transactions and disdose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial slalernerbts comply wlth ltr Companies Act 2006. They are also reswnsible for safeguardiNJ the assets of the charity hence for ta(ing reasonable *eps for Ihe preventwjn arml detection ol fraud and olher irregularilies. Audltoy Each of the persons who Is a trustee at the date of approval of tIw5 reFkYt cOnfiM thaL $0 lar as Ihey are aware. Itrwe 18 no relevant a111 infomiallon ol whlch the chsrftys audltof Is unaware; arKI Ihey have laken all steps that they ought lo have taken as a lrusl8e to mak8 themselves aware of any mlevant audlt irrfomation and kj 8Stabtish that charitls auditor is aware of Ihal Inlormalion, The audltor is deemed to have been re-appointed in accordance wlth section 487 of the COmpanS Acl 2006. Small company provlslons Th18 r8port has béan prepared in accordarlcè with thé proyisiofts applicablè to compani08 entitlèd to lh8 Small companlas exampln. The trustees, arU81 Tewrt was approved on 31 October 2024 and signed on behalf of the board of trustees by: Ms M Hatfield Truslee 10