REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
FOR |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
FOR |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
Page |
Report of the Trustees | 1 | to | 5 |
Independent Examiner's Report | 6 |
Statement of Financial Activities | 7 | to | 8 |
Balance Sheet | 9 | to | 10 |
Notes to the Financial Statements | 11 | to | 15 |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
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 30th September 2024. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019). |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The objects of the Company as set out in our Memorandum of Association are: The advancement of public education by fostering and promoting for the benefit of the public the improvement and development of artistic knowledge, taste, understanding and application of the arts, and in particular but not exclusively to promote and run an annual arts festival. |
Activity |
October 2023-September 2024 was focussed on delivery of 'The Man Who Planted Trees': A Community Arts Project, presented as part of Calderdale's Year of Culture in July. Inspired by a mid-century French short story by Jean Giono, our community arts programme included a brand new play, guided nature walks, creative workshops and community creative days delivered across Calderdale, an artist's lecture event, two community volunteering days and three art exhibitions, all delivered by our amazing team of artist facilitators and brought together by our team. |
A film of the stage play, together with an education pack aimed at Key Stage 2 pupils (those aged 7-11 years old and in school years 3-6), has been created and shared with Calderdale's 84 primary schools, providing an opportunity to up to 10,000 junior aged pupils in Calderdale to engage with our stage adaptation of the book and the messages shared within our performance. |
Environmental Awareness |
The project continued with our sharp focus on climate emergency and the environment. |
Engagement |
This project aimed to engage the local community, our Engaging Neighbourhood partners, and volunteers, through art and environmental themes. |
Community Cohesion |
Workshops, public events and exhibitions offered opportunities for sharing, and stage performances were created and co-curated with a small team of professional artists and facilitators. |
Key Activities |
Workshops & Walks |
Hands-on creative workshops were offered to all ages and abilities, fostering artistic skills and environmental awareness. 38 workshops and walks were produced and had 500 attendees. |
Community Days |
Community events were held in Todmorden and Rastrick to showcase the project's achievements, connect with local residents, and raise awareness. |
Art Exhibitions |
Our exhibitions were open to all and free to explore. 76 local, emerging and established artists submitted work to our open call for art. Our total estimated visitors across the 40 days of our three exhibitions being open is 8,650 people. |
Theatre Shows |
Original theatre productions explored environmental themes, engaging audiences through storytelling and performance. Co-created by Andy Barry, Amanda Dalton, and Alison Duddle working with individuals and communities across Calderdale. |
Collaborations |
Local Organisations |
We increased our creative network of partners working with local organisations and venues from the artistic, natural world, heritage and community arenas. These include: Todmorden College, Cromwell Bottom Nature Reserve, Curious Motion, Forus Tree and The Brooksbank School Elland. |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
Our work continued with 9 Engaging Neighbourhoods community groups across the Borough (4 groups supporting young people and 5 adult-focussed groups). St Augustine's Centre Halifax, Healthy Minds: Time Out, Todmorden Children's Centre & Halifax Opportunities Trust, Rastrick High School, Calder Community Cares, Project Colt, Field Lane Community Centre (The Space) in Rastrick, Women's Centre Halifax, Calderdale Young Carers. |
Artists |
- Collaboration with talented local artists enriched the project with diverse artistic perspectives and skills. |
- 12 freelancers worked on the theatre production in various skilled roles. |
- 14 creative facilitators worked on public creative workshops and walks or puppeteers at our community creative days. |
- 9 creative facilitators worked with our 9 Engaging Neighbourhoods community groups. |
- 7 freelancers provided specialised other work for Hebden Bridge Arts, such as filming, photography, exhibition installation support, mentoring students & BSL interpretation. |
Our team and volunteers |
5 freelancers were engaged to provide core team services to Hebden Bridge Arts (producer, project manager, exhibitions coordination, marketing, volunteer co-ordination, administration). |
Our ambitious 2024 project, The Man Who Planted Trees, would not have been possible without the invaluable support of 66 dedicated volunteers, spanning 12 different roles. Many volunteers generously gave their time across multiple areas. Our volunteers contributed in a variety of ways, including: |
- Assisting at workshops and community creative events |
- Distributing print marketing materials |
- Securing sponsorships |
- Ushering at performances and events |
- Invigilating art exhibitions |
- Helping with cleaning, decorating, and setting up exhibitions and venues |
- Serving as theatre production assistants |
- Acting as youth cast and chorus chaperones |
- Performing in the community youth cast or chorus |
Funders and Supporters |
- Calderdale Council for Culturedale grant |
- Hebden Royd Town Council grant |
- Arts Council England grant |
- Art Fund grant |
- Postcode Neighbourhood Trust grant |
- Donors: Local Giving and via the ticket website |
- Earned income via ticket sales |
- Private sponsorship |
STRATEGIC REPORT |
Financial review |
Reserves policy |
It is the Trustees' view that not less than £7,000 of reserves will provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing documents: the memorandum and articles of association, and constitutes a company, limited by guarantee, as defined by the Companies Act 2006 |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Recruitment and appointment of Management Committee |
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are required to stand down every three years but they can be re-elected at the Annual General Meeting should they wish. Trustees do not receive remuneration for their services. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A detailed risk matrix is subject to regular review. |
Strategic and Governance Development |
- Strategic plan. We will be developing a new strategy for 2025 and beyond. |
- Roles. All freelancers are issued with contracts. |
- Composition. We have conducted a skills audit of all current trustees. |
- Planning. All sub-committees work to a timeline that feeds into an action plan. |
- Capacity. The Board cover considerable operational areas as well as fulfilling their strategic role. |
- Meetings. Our board meetings are well attended. The agenda is tethered to the activity schedule and business plan, and outputs and outcomes are checked and measured. We also have bi-annual creative meetings, which enables board members to offer input into the creative content and direction of projects and the creative direction of the organisation. |
- Strategic partnerships. This is an area we are excelling in; in addition to forging partnerships with local groups working with communities, we are building strong links with other arts, cultural, heritage and environmental organisations in Calderdale. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Independent Examiner |
Cresswells |
12 Market Street |
Hebden Bridge |
West Yorkshire |
HX7 6AD |
MARKETING AND COMMUNICATION |
Top level stats: |
- Total number of people who saw a social post (including paid ads): 108,542 |
- Total clicks from social to our website (including paid ads): 1,795 |
- Average email open rate and Click through rate = 53% and 2.7% |
- New social followers = 469 (+5.6%) |
Offline channels: |
- Thousands of flyers and posters were handed out at events like the Todmorden Carnival and cafes and community spaces throughout Calderdale, including a special flyer for Rastrick, Brighouse and Elland promoting the creative day, exhibition and performances happening in their area. Thanks to trustee Sally for her distribution efforts here! |
- Word of mouth drove ticket sales, especially after the first show in Hebden Bridge. While this primarily reached audiences who were already likely to attend a play, it provided a welcome ticket boost. |
- Community outreach: We emailed invites for workshops and classes to dozens of community groups in Hebden Bridge and Elland, focusing on creative and youth groups. Responses were low, a handy learning for next time is to start this outreach much further out from the event. |
Emails sent: |
- Total net subscriber growth = 48 (+2.69%) |
- Date Range = Dec 17th 23 - Jul 30th 24 |
- Emails sent = 17 |
- Total recipients = 24,988 |
- Open rate = 53% |
- Click rate = 2.7% |
- Unsubscribe rate = 0.20% |
Paid social media campaigns summary: |
We spent £200 across four campaigns, reaching 26,894 people and driving 1,240 targeted clicks (average cost per click: £0.16). |
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
Independent examiner's report to the trustees of Hebden Bridge Arts Festival Ltd ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th September 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
John Dakin |
Cresswells |
12 Market Street |
Hebden Bridge |
West Yorkshire |
HX7 6AD |
1st April 2025 |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
Unrestricted | Designated | Reserve |
fund | Funds | Fund |
Notes | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 | 3,351 | - | 45 |
Investment income | 3 | - | - | 111 |
Total | 3,351 | - | 156 |
EXPENDITURE ON |
Raising funds | 4 | - | - | - |
Charitable activities |
2,300 | - | - |
Total | 2,300 | - | - |
NET INCOME | 1,051 | - | 156 |
Transfers between funds | 10 | (10,933 | ) | (24,410 | ) | 278 |
Net movement in funds | (9,882 | ) | (24,410 | ) | 434 |
RECONCILIATION OF FUNDS |
Total funds brought forward | 15,794 | 24,410 | 7,117 |
TOTAL FUNDS CARRIED FORWARD | 5,912 | - | 7,551 |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
Period |
1.1.23 |
Year ended | to |
30.9.24 | 30.9.23 |
Restricted | Total | Total |
funds | funds | funds |
Notes | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Raising funds | 4 |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 10 | 35,065 | - | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 47,321 |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
BALANCE SHEET |
30TH SEPTEMBER 2024 |
Unrestricted | Designated | Reserve |
fund | Funds | Fund |
Notes | £ | £ | £ |
CURRENT ASSETS |
Debtors | 9 | 141 | - | - |
Cash at bank and in hand | 5,771 | - | 7,551 |
5,912 | - | 7,551 |
NET CURRENT ASSETS | 5,912 | - | 7,551 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
5,912 |
- |
7,551 |
NET ASSETS | 5,912 | - | 7,551 |
HEBDEN BRIDGE ARTS FESTIVAL LTD (REGISTERED NUMBER: 03520619) |
BALANCE SHEET - continued |
30TH SEPTEMBER 2024 |
2024 | 2023 |
Restricted | Total | Total |
funds | funds | funds |
Notes | £ | £ | £ |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank and in hand |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 10 |
Unrestricted funds: |
General fund | 5,912 | 15,794 |
Designated Funds | - | 24,410 |
Reserve Fund | 7,551 | 7,117 |
47,321 |
Restricted funds | - |
TOTAL FUNDS | 47,321 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have 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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
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 funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
2. | DONATIONS AND LEGACIES |
Period |
1.1.23 |
Year ended | to |
30.9.24 | 30.9.23 |
£ | £ |
Donations |
Grants |
Admissions | 4,796 | 8,068 |
Donated services and facilities |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
2. | DONATIONS AND LEGACIES - continued |
Grants received, included in the above, are as follows: |
Period |
1.1.23 |
Year ended | to |
30.9.24 | 30.9.23 |
£ | £ |
Hebden Royd Town Council | 4,900 | - |
Arts Council | 26,550 | - |
Calderdale Council | - | 19,860 |
Platinum Jubilee | - | 9,970 |
Art Fund | 5,106 | 9,821 |
Rotary Club | - | 750 |
St George Martin Trust | - | 2,500 |
Postcode Neighbourhood Trust | - | 23,904 |
Environment Agency | - | 2,000 |
Calderdale Council: Culturedale Fund | 50,000 | - |
Calderdale Council: Engaging Neighbourhoods | 14,000 | - |
100,556 | 68,805 |
3. | INVESTMENT INCOME |
Period |
1.1.23 |
Year ended | to |
30.9.24 | 30.9.23 |
£ | £ |
Deposit account interest |
4. | RAISING FUNDS |
Raising donations and legacies |
Period |
1.1.23 |
Year ended | to |
30.9.24 | 30.9.23 |
£ | £ |
Marketing | 2,214 | 5,634 |
Artists | 58,994 | 32,588 |
Venue hire | 7,262 | 2,256 |
Creative Producer & PM | 43,254 | 31,070 |
Festival freelancers | 14,597 | 20,987 |
126,321 | 92,535 |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the period ended 30th September 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 30th September 2024 nor for the period ended 30th September 2023. |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Designated | Reserve | Restricted | Total |
fund | Funds | Fund | funds | funds |
£ | £ | £ | £ | £ |
INCOME AND | ENDOWMENTS FROM |
Donations and legacies | 1,251 | 76,874 | - |
Investment income | - | - | 40 |
Total | 1,251 | 76,874 | 40 |
EXPENDITURE ON |
Raising funds | 84 | 92,451 | - |
Charitable activities |
2,273 | 10,676 | - |
Total | 2,357 | 103,127 | - |
NET INCOME/(EXPENDITURE) |
(1,106 |
) |
(26,253 |
) |
40 |
( |
) |
RECONCILIATION OF | FUNDS |
Total funds brought forward |
16,900 |
50,663 |
7,077 |
- |
TOTAL FUNDS CARRIED FORWARD |
15,794 |
24,410 |
7,117 |
- |
47,321 |
7. | DONATED SERVICES AND FACULTIES |
The donated services are accountancy. |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
8. | RESTRICTED FUNDS |
The amounts included in restricted funds are the funds received from funders that relate to the 2024 & 2025 creative events. |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Prepayments |
10. | MOVEMENT IN FUNDS |
Net | Transfers |
At | movement | between | At |
1.10.23 | in funds | funds | 30.9.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 15,794 | 1,051 | (10,933 | ) | 5,912 |
Designated Funds | 24,410 | - | (24,410 | ) | - |
Reserve Fund | 7,117 | 156 | 278 | 7,551 |
1,207 | ( |
) |
Restricted funds |
Restricted Fund | - | (31,402 | ) | 35,065 | 3,663 |
TOTAL FUNDS | (30,195 | ) | 17,126 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 3,351 | (2,300 | ) | 1,051 |
Reserve Fund | 156 | - | 156 |
( |
) | 1,207 |
Restricted funds |
Restricted Fund | 105,351 | (136,753 | ) | (31,402 | ) |
TOTAL FUNDS | ( |
) | (30,195 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1.1.23 | in funds | 30.9.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 16,900 | (1,106 | ) | 15,794 |
Designated Funds | 50,663 | (26,253 | ) | 24,410 |
Reserve Fund | 7,077 | 40 | 7,117 |
74,640 | (27,319 | ) | 47,321 |
TOTAL FUNDS | 74,640 | (27,319 | ) | 47,321 |
HEBDEN BRIDGE ARTS FESTIVAL LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH SEPTEMBER 2024 |
10. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 1,251 | (2,357 | ) | (1,106 | ) |
Designated Funds | 76,874 | (103,127 | ) | (26,253 | ) |
Reserve Fund | 40 | - | 40 |
78,165 | (105,484 | ) | (27,319 | ) |
TOTAL FUNDS | 78,165 | (105,484 | ) | (27,319 | ) |
Restricted Funds |
This is restricted income received for the following years festival. |
Reserve Fund |
£7,551 is held in a separate bank account as a designated fund as the trustees believe that this is the amount that the charity needs to meet is charitable objectives. |
11. | RELATED PARTY DISCLOSURES |