ARTS WELL UK CIC

Company limited by guarantee

Company Registration Number:
10510853 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 1 April 2021

End date: 31 March 2022

ARTS WELL UK CIC

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ARTS WELL UK CIC

Balance sheet

As at 31 March 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 2,321 3,095
Total fixed assets: 2,321 3,095
Current assets
Debtors: 4 880 715
Cash at bank and in hand: 33,367 8,224
Total current assets: 34,247 8,939
Creditors: amounts falling due within one year: 5 ( 28,113 ) ( 1,446 )
Net current assets (liabilities): 6,134 7,493
Total assets less current liabilities: 8,455 10,588
Creditors: amounts falling due after more than one year: 6 ( 1,235 ) ( 4,250 )
Total net assets (liabilities): 7,220 6,338
Members' funds
Profit and loss account: 7,220 6,338
Total members' funds: 7,220 6,338

The notes form part of these financial statements

ARTS WELL UK CIC

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 September 2022
and signed on behalf of the board by:

Name: Jayne Howard
Status: Director

The notes form part of these financial statements

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grantsreceived, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciationand any provision for impairment. Depreciation is provided at rates calculated to write off the costor valuation of fixed assets, less their estimated residual value, over their expected useful lives onthe following basis:Fixtures and Fittings - 25% Reducing Balance

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 0

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2021 3,095 3,095
Additions
Disposals
Revaluations
Transfers
At 31 March 2022 3,095 3,095
Depreciation
At 1 April 2021 0 0
Charge for year 774 774
On disposals
Other adjustments
At 31 March 2022 774 774
Net book value
At 31 March 2022 2,321 2,321
At 31 March 2021 3,095 3,095

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Debtors

2022 2021
£ £
Prepayments and accrued income 301 136
Other debtors 579 579
Total 880 715

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 432
Taxation and social security 471 752
Accruals and deferred income 27,066 694
Other creditors 144
Total 28,113 1,446

ARTS WELL UK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 1,235 4,000
Other creditors 250
Total 1,235 4,250

COMMUNITY INTEREST ANNUAL REPORT

ARTS WELL UK CIC

Company Number: 10510853 (England and Wales)

Year Ending: 31 March 2022

Company activities and impact

Arts Well is a social enterprise with the aim of championing the role of the arts, culture and creativity in improving health and wellbeing. It provides programmes of participatory creative activities, supports organisations and freelance practitioners with training, professional development and networking opportunities, provides consultancy and evaluation support to creative projects and collaborates with others to add creativity and value to their work. The year from April 2021 to end March 2022 continued to see interruptions to work because of the Covid pandemic, but gradually projects and activities have begun to return to what was happening pre-pandemic. In this year we: - Ran 19 online and two in-person professional development workshops, with a total of 125 participants covering topics such as Improving Mental Health through Creativity, Creativity and Dementia, Creativity and Social Prescribing. These are provided at a range of price points, including a donation so that no-one is excluded on financial grounds. We have had very positive feedback from our workshops with an average score of 4.8 out of 5 for usefulness and 100% would recommend them to others. These enhance people’s knowledge and skills so that they can improve their delivery and support to others. - We held 10 online networking sessions attended by 56 unique attendees, free of charge. These provided opportunities for peer support and learning. - Sent out a monthly newsletter with information, resources, opportunities and links to other organisations and sources of support to a mailing list that grew from 377 in April 2021 to 426 by March 2022. - Provided consultancy support, creative engagement and evaluation activities to 3 community organisations and delivered presentations on the value of creativity to health and wellbeing to two doctors’ awaydays and to the Health and Wellbeing Board for Cornwall. - Provided writing for wellbeing sessions as part of Mental Health Awareness week. - Began delivery of a programme – Arts Lab – in partnership with Headstart Kernow and Feast for which we delivered (by end July 2022) 40 creative activity projects for young people aged 10-16 focused on improving mental and emotional health and wellbeing. - Developed a campaign Creativity – It’s good for you! – aimed at raising awareness of the valuable role that everyday creativity plays in maintaining and improving health and wellbeing. The campaign includes a digital leaflet, printed leaflet and poster, social media assets and ideas for creative activities one can do at home. It also involved mapping opportunities to get creative across Cornwall which are shared in a regularly updated directory. - Supported the delivery of 22 creative projects with enablement funding aimed at people who have been most impacted by the pandemic. These include a creative outdoor project with adults with learning disabilities, a music project for young women who are experiencing poor mental health, an arts and crafts group for older isolated people, creative activity sessions for families in insecure or temporary accommodation and arts and crafts sessions for carers. These sessions have reached over 450 people by the end of March (due to complete by end June 2022) - Continued to develop a strategic partnership approach to creative, health and wellbeing work so that more people understand and can benefit from the links between being creative and improving their health and wellbeing. We see this work as having long-term benefits.

Consultation with stakeholders

Our stakeholders are primarily the creative and health and social care practitioners who are directly supporting people in the community. Through our newsletters and networking events we were regularly listening to their needs and concerns and tailoring our offer accordingly. We also held two events with creative practitioners focusing on their development and support needs; the output from these was then circulated for wider input and the final output is being used to develop our practitioner support programme in 2022/23. The Arts Lab programme was specifically designed with co-creation with the young people at its heart. The post-Covid community projects we enabled followed a period of engagement by 14 local ambassadors – our ‘eyes and ears’ on the ground – with their local communities to identify what was most needed in their area. Our newsletter invites people to let us know what would be useful to them and if there are other ways in which we can support them.

Directors' remuneration

Directors’ remuneration is included in the accounts at £12,000 (salary). There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 September 2022

And signed on behalf of the board by:
Name: Jayne Howard
Status: Director