ar Re*trailon No 1160159 Anrtu•l Report and Accounts for the 12 MI$ 31st Decwnber 2023 Pag•s I to 3 Annual Report of theTrustees Pai• 4 knd•pendent Examlnees Report P•g• 5 Rec•lpts & Payment Account Pale 6 ststement ol A55ets & iiabllltles
SUSSEX STEEL Trustees Annual Report and A(xfwnts lor the 12 Months Ended 31 Oecember 2023 mlnlstrailo Sussex Steel 5fRuclliRE The organisation is a tharitsble InCPOrated OrglS•t10n, registered on 26th January 2015. Charity Numb¢r 1160159 The charity e5tsbli$hed under • constitution whKh •stsblished the objects and powers of the tharitsble incorpored 8IsatIOn. TRusfEES Trustees who served office duriw the year were J. Acott M. Klan¢zkowskl S. Allen C. Hawes L Acott The trustees 4re all unpald positlon PRINCIPAL BANKERS The Co-operative Ban INDEPENDEKf EXAMINER Pauline FarrACMA Page I
SUSSEX sfEEI Truste Annual Report Ac(ounts lorthe 12 Months Ended 11 December 2023 ves&a Sussex Steel provldes educatThi in the art of steelpan for all. Activities include running workshops and 8iViW tuition both in h(jOI5 and viithin the wlder comrnuntty. We provide the loan of free pan5 for schools to stsrttheir groups goirvd. We prOde opportuniti'es for steelpan pkyers of all a8es to perform in public. We provide opportunities for all mefflbws of to rtICIPate In musk We have continued to work with sthools across the region, and have Invlted other Chlldren to join our youth band. Our largest growth thls year has been wlthln th¢ •dult bands. Th•re are two ndS in Brl8hton for adults and three at AngmeTlw. pre$S betwe•n the different bands has been encouraged with several of the beginne band havin8 moved to the Intsrmedlate band and some of the intermedtyt¢ play¢fS th• communlty b•nd. The Communlty band w•re once agaln inwted to pl•y at the snal• carni1, whkh was very suc¢e5sful and l•d to further bL)kings. All the Su55ex Steel b•nds played at the Clwlstms event held at • loal Church. A successfvl fund rnising sponsored walk was ¢x8anlsed goiw from Brighton to Littlehampton with the pro¢eeds goin¢ to¥vards new equlprneDt Members of the Community band have succcessfvlly arrKvaed a plece of musk for the band to plav. We wll continue to work with schools and the cofflmunlty, wovlding free access to stéelpans where nec¢ssary. The Community &nd wlll play again overtvM doys at the Sw•we CarnwallRegatta. We ryll continue to build links wlth other comrnuimtygroups and or¥ani5ations. Page 2
SUSSEX STEEL Trnstees Annual Réwt and Accwnts for the 12 MMths Ended 31 Dec•nber 2023 re Probtyde further opportunltles for players to perforni in publlo allcyw¥¥ them to build up their tonfidence and galn perfommnce experiences at differenttype50f events Continue with fund raising We wlll introduce a Mlnis Band for Pthnary School thlldren We will introduce and promote a function band that can provlde smallef ¢roups for private partie5 and weddiws etc. when requested. A revlew of our tutr¥ing activity across the rnany Schools In EJ5t Jnd West Sussex has resulted in In improvement In our financial stsbility. The Ch4rty can report an operating surplus of £ 8.7k in the year Ther• was £ 1.3k spent on Captsl, specla115t nIng and new equipmenL Th• Trust••s r•coqnise the need to invest In new and replacement pans and other musical equlpment. The Restrlced fund has been Increased to £ sk to meet these demand5. le•vin8 £ 19.4k of unrestric¢d funds at the year end. Th• Tru$t••s are sttisfied w•th th¢ ffinancial posltion of the charity atth• period*nd, and are confhd•nt that the current level of fundlnq wlll be suffic••nt to •nable the crIty to contlnue ID accordance with Its obiffilves. The tru5tee$ declare that they have appr¢r4ed the Iwustee5 report above. Signed behalf of the ¢haiity's trustees:. Colln Hawes Treasurer 2glqJ2o 14 Page 3
SUSSEX STEEL Independent ExIne1.$ Rewt to the Trusthes on the accounts the twelve months eAMled 315t December 2023 as set(xrt on pays 5 and 6. The thaiity's tNstees are re5ponsiblefor the PretIOn of the accounts. The haritys trustees CrSIder thatan audit15 not required for this year under seclion 144{21 of the Charities Act 20111the 2011 Act) and that an independent examination is needed. It is my responsibilty to". examine the accounts urmler Sertion 145 of the 2011 Act. to follow the procedures laid down in the general directlons given by the Charity Commission lunder section 14515){b) of the Charities Act, and to st•t• whether partlcuhr mattffs have come to my attentlon. My examlnatlon was carried out in accordance Mrfth general dlrections glven by th• Charlty Commisslon. An examination includes a reviwl of the accounting records kept by the charity ind a Comparison of the accounts presented those records. It also includes consideration of any unus1 Items or disdosures In the accounts, and seeking explanations from the trustees coDc•rninq •fty sh matters. Thg procedures undertaken do not provide all the evidence that would be required In in audit, and consequently no opinion is w'ven as to whether the accounts presènt a 'tru• and falrf vlew and the report 15 limited to thom matters set out in the statsment bel¢)w. In connection with my examln4tlon, no matter has come to my attentlon which lives me reasonable cause to believe that in. •ny materlal r¢$pert, the requlr•ments: to keep accounting records in acwrdance wlth section 130 of the Chailtles A¢ and to prepare accounts whKh accord with the 4c¢Y)untlng records and Cornp wlth the accountln8 requirements cf the 2011 ChJTitie5 kt. have not b¢¢n met; or 2. to which, In my opinkjn, attentton should be in order to enable a proper understsndin8 of the accounts to be reached. Pauline Farr Examiner Page 4
SUSSEX STEEL Fryrended 3tst Dember 2023 2023 T(rta 2022 Totsl T<al Totsl INCOME FROM Donathns arKI Grar FunrtlOn5 U75 1613 L085 10,285 17,495 952 7505 TultloTr 5kkn4 Workshops ¢&ft Fund Ralsln¢ & oih•r In¢om¢ Annualconcerts Trlps Ind tours 3377 3377 L449 1149 1314 4.667 l.C67 L211 L149 1314 i.0 TOTALIIKOME 292? 5.417 34,939 37.261 EXPENLXTiIIE ON Tra¥ St41knn¢ry. tr& Genernl •dmln Unrforrns S•1•f & p•yrdl wxns•S Vehlcle Exp•ns•s V•nue Hlre Tunkn8& mlnor •qulpmwrt Annu•l Con¢¢rts Insurance Other E¥t Costs nten•nu & rwl Tdp5 & tours 2.298 187 285 33,120 1,766 3.192 429 37 16,412 L039 429 37 16.412 L039 3.054 L229 L229 L034 812 240 1391 TOTAL EXPEIIIXIUAE 321 43,655 NEf IKOMVIEXPE14t¥lUllEI 16,3941 164 164 2,915 TAANSFER gEIWEEN FUNDS 13,3681 NEf MOVEMEKf111 FiV4DS 19,3791 C•$h fuftds brOu8htfoThrd 11782 782 21161 TOTAL FUN05C•JIRIED FCThARD 281 2L202 12.782 Page 5
sussex STEEL For)tarended 31st De(enkn 2023 2022 Current Valtse Cufftnt Vae Pan5 and Instyuments Gazebo IT and Other Equlpmnl 12,133 1.173 9.531 740 2A)2 433 125 3,469 414 166 TOTAL FIXED ASSETS 10.7PJ) 3.160 4.049 Unr*stkned Totsl 2023 Total 2022 Total Totsl C•sh F Cash ai Bank ExpensesAdvan¢• 16,281 21.282 11532 TOTALCASH FUNDS 14281 21.282 12.782 stock of CD'5 for s•1• U¥lAlld•s HMRC & Peh4on$ 5uppllers 632 632 Nrf >MEIS LESS UABILrnE5 CHa TNstee