xECOLi Rye Wurlitzer Academy Rye College The Grove Rye East Sussex TN317NQ RYE WURLITZER ACADEMY The Rye Wurlttzer A¢adorny IB * Ro918t•r•d Chavlty. Number 1161821 Bank D•tails Barclays Pk. Sort Cod• 20.27.94 Account No. 83498891 CHAIRMANS REPORT FOR THE PERIOD 11t SEPTEMBER 2023 to 31•t AUGUST 2024 Our year started with a very successful arKI ￿Joyable Rye Proms event, whith n(rw seems to be a regular fjxiure in the local social calendar. All ourfurKI-raising 8venirKJs were profitable and much enjoyed by those who attended. Funding ha$ been harder to find and achieve due to oversubscribed applications for the trusts that were canvassed but we are pleased with our support from the Sussex Communty Foundabon. Numbers attending events have still not retumed to prtrcovid 19 levels but we endeavour to Create enjoyable evenings. whilst giving go(¥J value for mow. It is lovety lo see our students not onty playing at some of the events bui taking an active part in heEping. Since ￿ began in 21))9. we have created a family wlthin the R WA, and it is plea￿ng to hear from som8 of al year. Our Chairman was given infomiation from an address list of Friends of Rye )h￿rIlIZer members from 2014: it made for grlm r8ading. a8 most of the members at that time were known to have now pa8s&J on or to be of an age or incapacty where unable to drive to tho coiKerts. Thi8 expw*nce confirmed that we are very much 'st8rting again. in attrncting an audiervx the Sunday concets. so. on that basi8, we are doing welll Regular and donwJ were thinner on the gro￿K1 this year, as you will see from ow ffinancial report. Vve are most grateful to those who continue to support our Sponsor a St￿￿ent Scheme. W8 are also dellghted wlth the continued support of local esL* agency, Rush V¥fjtt IAfjlson, for continuing to sponsor the hire of the hall. A private loan of £2,000 was required to a8SiSt with running and tea¢hirKJ costs during t￿ summer months, which we hope to repay before too lorYJ. We continued to enjoy good relations thr(whout the with the Aquinas Trust, who run Rye College, and we much appreciate the continuing supwt of Prin(apal, Mr Dom Dthvns, arvj the Senior Leadership Team. It is anticipated that our 'nom)af racruitinent wesentati(xts will continue in the new college year. The time between recruitment sessions has led to us paying m￿e than ￿ would have Ilked for storing Instruments this year. Once again, the proj8Ct could not be the success it is withrAJt the continued prOfesS￿nalIsrn and commitment of Principal Tutor Michael v14￿kIndge, who gives muth of his personal time to support the whole project and who, in his professional capaaty. has continued to work wonders wilh the students in their168sons. Our e￿n￿￿letter5 ¢ontinu8d dumg the year. when we had suffiaent newsto tell. To conclude 2023124 will be rernernb￿ed as a year in which ￿ survived and continued doing whatwe do best in bringing hwh qualty leaming to our &udents togett)er with some memorable fund-raising evenings. Rlchard Moorn- Chalmian & Founder www.RyeWurlilzer.co.uk TREASURER'S REPORT FOR YEAR ENDED 31ST AUGUST 2024 RYE WURLITZER ACADEMY ReR15tered Chariiv No: 1161821 Review of Year to 31° August 2024 Thls year Income and eXpeTrdl￿re are both up on the prevlous year. Income Is up due to increased event income alon8 wlth a cash flow loan and Expenditure is up on most Ilnes of spend, see detall below. Income and Expendlture Income for the year totalled £14.5k compared to £11.8k the prevlous year. This represents a 22.3% increase in Income. Income from events was £8.Ik, up by £2.6k Howevef, donatlons were down by £0.7K at £3.6k and Sponsor-a-student Income by £350, at £0.8k, this was due to problems wlth the bank account during the year. Due to cash flow problems a loan of £2.Ok was given by a trustee, which still needs to be repald at the end of the financlal year. Expenditure for the year totalled £14.4k compared to £12.2k in 2022123. There was an Increase In most Ilnes of expense, except caterin& where a small savln8 was made. There was a sll8ht Increase in Tuition costs alon8 With an increase in Artist fees of £l.Ik. The other main Increase was In the storage costsof organ5 at £2.Ik. up by £420. Th15 wlll no longer be the case as the organs have been moved or disposed of. Summary Wlth an Income of £14.5k and expendlture of £14.4k. there Is no major movement In the end of year Bank Balance of £591. INCOME & EXPENDrruRE BALANCE SHEET FOR YEAR ENDED 31ST AUGUST 2024 RYE WURLITZER ACADEMY Reglstered CharltyNo.' 1161821 INCOME Donations Rye Mayor's Fund Donations Sponsor-A-Student Show - Door Admlsslons Raffle Catering Donations Other Donations Gift Aid Reclaim Sale of Instruments Loan Other TOTAL INCOME: 3,574.75 0.00 784.00 7,081.00 1,024.00 1.00 0.00 0.00 0.00 2,000.00 5.00 14,469.75 EXPENDrruRE Tu5tion Artlsts Fees Hall Hire Accommodation Printingjstationery Organ Removals/Purchases/Storage Organ Repalrs Catering Music Books Other TOTAL EXPENDITURE: 8,100.00 2,025.00 750.00 0.00 259.94 2,100,00 320.00 892.75 0.00 0,00 14,447.69 Opening Balance: 0110912023 Plus Income Less Expendrture Closing Balan￿. 3110812024 568.66 14,469.75 114,447.691 590.72 Barclays Bank Balance: 3110812024 Uncleared Cheques Funds Avallable: 3110812024 590.72 590.72 Declarations The trustees declare that they have appn)vod tho In￿. report abov•. Slgned on behalf of the Slgnaturels) Full namels) Position (eg Secretary. Chair. etc)