REGISTERED COMPANY NUMBER: N1646300 (Nortbern Ireland) REGISTERED CHARITY NUMBER: 107926 Report of the Trusteej And Fillanelal StAtements For the Year ended 30 Jan 2023 For Plaee to Wonder (A company limlted by guarantee) Janet Jensen, ACMA, CGMA Independent Examiners Ekstra A¢¢ounting Solutlons Ltd 2 Beechill Park South Belfast, Co Antrim BT8 6PB
PLACE TO WONDER Contents of the Financlal Statements For the Year Ended 30 Jan 2023 Page Report of the Trustees Independenl Examiners Report Statement of Ffinanclal Actlvltle8 Balance Sheet Notes to the Flnaneial Statements
PLACE TO WONDER Report of the Trustees For the Year Ended 30 JAnuAry 2023 The trustees who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30January 2023. The trustees have adopted the provisions of the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). OBJECTIVES AND ACTIVITIES The Charitsls objectives are to: Celebrate and promote the art of storytelling and related arts in Northern Ireland (the"area of beneflv) by: {1) hosting storytelling events. activities and workshops in diverse venues; (li) engaging new audiences,. (iii) organising related recreational and leisure-time activities with the object of improving the conditions of life for members of the public. Advancing the education of people of all ages, backgrounds and cultures in the area of beneflt in the appreciatlon, knowledge and practice of storytelling and raising awareness of Its value in enhancing wellbeing and healing and in stimulating creativity and a sense of wonder. The direct benefits of these objectives are: Creating cornmunlty events and programmes that brlng storles to Ilfe In outdoor immerslve storytelling experiences. We brlng these arts events to accessible locations in local parks and community centres ensuring there are no barriers for communities from all backgrounds to access the arts. Brlnging stories to life in thls way supports children and young people to develop speech and language skills, build confidence and foster a love of reading and creating thelr own stories. Using the arts and stowelling in communltles as a tool to translate mindfulness techniques to help partlclpants lower anxiety and Increase their capacity to self-regulate. Each story we create weaves In calm-down techniques that support families to breathe and safely process emotions. These activities empower parents and carers to use storytelling In their daily lives to breathe, connect and co-regulate with their chlld. Our interactive arts experiences bring communities together from all backgrounds to be connetted in the wonder and awe our stories create. Increasing community connectlon and well-belng. These beneflts can be demonstrated through direct feedback from participants. Evaluations are conducted at the end of each project and indlvidual workshop. Feedback recorded that after taking part in our programmes 100% of our participants felt inspired and more confident to tske part In arts activities in arts venues in their areas.100% of our participants said they felt a surge of joy and uplifted after participating in our workshops. These benefits can also be demonstrated through our projert outcomes. At the end of our latest project we adapted one of our storytelllng experiences into a children's relaxation book ensuring parents and carers could continue using storytelling as a tool to promote well being in their daily lives. 100% of the parentslcarers sald they felt more empowered and confident to use storytelling as a tool to lower anxiety with their children after our project. We commit to producing an annual impact report as part of our annual reporting. STRUCTURE, GOVERNANCE, AND MANAGEMENT The charity is constituted as a company limited by guarantee and is governed by its constitutlon. The charity is managed by a committee of trustees, which must have a chairperson, secretary, and treasurer.All trustees must be members of the charity. Trustees are appointed at the Annual General Meeting (AGM); however, during the
year, the trustees may appoint up to three additional trustees. All trustees must stand down at the next AGM but are eligible to stand for re-election. FINANCL4L REVIEW The results for the year 202212023 are set out on page 6 and the trustees consider these result5 to be satisfattory. Place to Wonderfs total incoming resources for the year were £30,832 ( of which £19,880 is restricted income). Net movement of funds for the year amounted to an increase of £21,331 . Restricted funds representing income received for projects but not yet expended increased by £19,880. An increase in unrestricted funds totaled £1,451. Total funds carried forward as set out on page 10 are £29,003 (Restricted - £19,980) and ( Unrestricted - £9,023) Trustees Report Over the past financial year Place to Wonder has generated fundlng and commissions to execute 4 major pieces of work: We delivered our Dream a Little Dream Childrens Emotional Health and Wellbeing Workshops to Schools across Belfast working wlth 114 children. The workshop has also been adapted into a Dream a Little Dream Childrens Relaxation book each child received a book after the workshop @ £10 per book generating passive income for the organisation. We were commissioned by Arts Ekta and the British Council to create a site specific intercultural immersive piece of theatre for the Belfast Mela. Working with artisits from India and Ireland to bring traditional myths and legends to life. We secured funding to create another Chlldrens Emotional Health and Wellbelng programme that will be adapted into a childrens relaxation book. This programme is specifically for early years children to support self regulation and speech and language development post pandemic. This programme was delivered to children across Sure Starts in Belfast. We pitched our Luna and the Land of Dreams Childrens Animation (a series that will explore chlldrens anxieties using storytelling through animation) to broadcasters across Ireland and Northern Ireland and secured 50% of the funding. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company Number N164300 (Northern Ireland) The company is a charlty at law and is registered with the Charity Commission for Northern Ireland Reglstered Offlce 33 Wynchurch Road Belfast Co Antrlm BT6 OJH
Trustees Ryan Dohety Catherine McArthur Shauneen Mccusker Grainne McHugh Independent Eiamlner Janetjensen, ACMA, CGMA Ekstra Accounting Solutions Ltd 2 Beechill Park South Belfast Co Antrim BT8 6PB Approved by order of the board oftrustees on ILLL and signed on its behalf by: of Trustee Date G¢L4ihJfiJe ML 44(A& 19101113
PLACE TO WONDER Independenl Examiner's Report to the Trustees For tbe YeY4r Ended 30 January 2023 I report on the accounts of the company for the year ended 30January 2023, which are set out on pages 5 to 9, Respective responslbllltles of charlty trustees and examiner As the charitys trustees (and also the director for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination it is my responsibility to Examine the accounts under section 65{2) of the Charities Act (Northern Ireland) 2008 Follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act (Northern Ireland) 2008 State whether particular matters have come to my attention Basls of the Independent examlnerfs report I have examined your charity accounts as required under Section 65 of the Charlties Act and my examinatlon was carried out In accordance with the general directors given by the Charity Commission for Northern Ireland under Section 65{91(b) of the Charities Act. The examination Included a review of the accounting records 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. My role Is to state whether any material matters have come to my attention glving me cause to believe: 1, That accounting records were not kept in accordance with sectlon 386 of the Companies Act 2006. 2. That the accounts do not accord wlth those accounting records. 3. That the accounts do not comply with accounting requirements of section 396 of the Companies Att 2006 and with the methods and principles of the Charites Statement of Recommended Practice 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 further information needed for a proper understanding of the accounts to be reached. Independent examlnerfs statement I have completed my examination and have no concern In respect of matters (1) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Janet Jensen, ACMA CGMA Independent Examiners, Chartered Institute of Management Accountsnts Ekstra Accounting Solutions 2 Beechill Park South Belfast, Co Antrim.B T8 6PB 9" May 2023
PLACE TO WONDER Statement of Financlal Activities For the Year Ended 30 January 2023 31.01.2023 Tot•1 Funds 31.01.2022 Tot•1 Funds Note Unre$trlrt Funth Restrlcted Funds INCOME AND ENDOWMENTS FROM: Income from charitable activities Income from other tradin8 activities 19,880 19,880 10,952 10,000 22,999 10,952 TOTALINCOME 10.952 19.880 30,832 32.999 EXPENDITURE ON . Expenditure on charitable activities Other expenditure TOTAL RESOURCES EXPENDED 9,901 16,160 26.061 9,501 9.501 9.501 9,501 NET INCOMEI(EXPENDrruRE) Transfer between funds 1,451 19,880 21.331 6,938 NEf MOVEMENT IN FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 1,451 7,572 19,880 100 21.331 7,672 6,938 733 9,023 19,980 29,003 7,672
PLACE TO WONDER Balydnce sheet as at 30 January 2023 31.01.2023 31.01.2022 Total Tot•1 Fund$ Funds Not• Unr•$trlrt•d Funds R•Jtrlrt•d Funds FIXED ASSErs Tan8ible assets CURREiif ASS Cash at bank Debtors 9,493 5,775 15.268 19,980 29.473 5,775 35.248 11,156 2,121 13,277 19.980 CRE Amounts fallin8 due within one year 5.596 4,956 NET CURRENT ASSErs 9,672 19,980 29.652 8,321 CREDITORS Amounts falling due greater than one year 649 649 649 TOTAL ASSEfs LÉSS CURRENT LIA8ILmES 9.023 19.980 29.003 7,672 NET ASSEfs 9.023 19,980 29,003 7.672 FUNDS Unrestricted Funds Restricted Funds 9,023 19,980 7,572 100 TOTAL FUNDS 29,003 7,672 For the financial year ending 30January 2023 the charity was entitled to exemption from audit under section 477 of the Companies Att 2006 relating to small companies Director Responsibilitles The members have not required the charity to obtain an audlt of its accounts for the year in question in accordance with section 476 and The Direttors acknowledge their responsibilities for complying with the requlrements of the Act with respect to accounting records and preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved and authorised for Issue by the board of trustees on DD MM YYYY and were signed on its behalf by Name of Trnstee Date Name of Trustee Date l0[7 /2S fAy&rt TJO
PLACE TO WONDER Notes to the Financial Statements For the Ye¥dr ended 30 January 2023 I. ACCOUNTING POLICIES Statement of compliance The financial statement of the charitable company, which is a public benefit entity under FRS 102, has been prepared in accordance with the Charities SORP (FRS 102), Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2015), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the Uk and Republic of Ireland Companies Act 2006." The Financial statements have been prepared using the historlcal cost convention, Basis of Preparntlon Place to Wonder meets the definition of a public benefit entlty under FRS 102. Assets and liabilities are inltially recognlsed at hlstorlcal cost or transaction value unless otherwise dated In the relevant accounting policy notes. Going Concern The trustees consider that there are no material uncertainties about the charit5ls ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of any assets held by the charity Income and endowments All income is recognised in the Statement of Financlal Actlvltles once the charity has an entitlement to the funds, the income will probably be recelved and the amount can be measured reliably. ExpeDditure Liabilities are recognised as expenditure as soon as there Is a legal or constructive obligation committing the charity to that expenditure, a transfer of economic benefits will probably be required in settlement and the amount of obligation can be measured reliably. Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs relating to that category. Where costs cannot be directly attributed to particular headings, they have been allocated to actlvities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable actlvlties. Charitable Aetivities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated dlrectly to such activities and those costs of an indirect nature necessary to support them. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for particular restricted purposes. Further explanation of the nature of and purpose of each fund is included in the notes to the financial statements.
PLACE TO WONDER Notes to the financial statements . .eontinued For the Year Ended 30 January 2023 31.01.2023 Total Unrestricted 31.01.2023 Total Restricted Total 2. INCOME FROM CHARmA8LE ACTIVrnES Belfast City Council Halifax Foundation National Lottery Players Community Fund S,500 4,500 9,880 19.880 5.500 19,880 3. INCOME FROM TRADING ACTivmES Commissioned Projects Book Sales 10,302 6SO 10,302 650 10.952 10,952 4. EXPENDITURE ON TRADING ACTivmES Freelance Costs Administration & Finance Costs Sundry Expenses 8,882 362 257 8.882 362 257 9.501 9,501 5. CftEDITORS:AMOUNTSFALUNG DUEWIThIN ONE YEAR Corporation tax pre charitable status award Accounts Payable 464 5,132 5.596 464 5,132 5.596 6. CREDITORS: AMOUNTS FAIUNG DUE GREATER ThAN ONE YEAR Loan 649 649 fA9
PLACE TO WONDER Notes to the financial statements . .continued For the Year Ended 30 January 2023 7. Movement In Fund$ Net At movement 31.01.2022 In funds Transler between At funds 30.01.2023 Unrestrlcted Funds General Fund 7,572 1,451 9,023 Restrlcted Funds Arts Council Nl Belfast City Council Halifax Foundation National Lottery Players Community Fund 100 100 5.500 4.500 9.880 5,500 4,500 9,880 Total restrlcted funds 100 19.880 19,980 TOTAL FUNDS 7.672 21.331 29.003 10 I Page