NORTHERN STEEL NETWORK (Charity No 1167154) TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER, 2023
NORTHERN STEEL NETWORK (Charity No 11671541 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER, 2023 Reference and Admlnistration Detslls Charity name.. Northem Steel Network Registered ¢harity no.. 1167154 Address: cjo Mike Gilberg, 23 Chiltem Road, North Shields, NE29 9QG Names of chariiy trustees {acting at any time between 1 st January, 2023, and 15th October, 2024}'. Karina Atkinson Michael Darling Louise Drewitumoran (Secretary) Paul Fletcher Mike Gilberg (Chairman and Treasurer) Jenny Gilberglmcconnell Julie Robinson Rachel Farah Louise Brydon Ellie McGrady Yasmin McGrady Musical Director {Northern Steel Orchestra).. Jenny Gilberglmcconnell Structure, Governance and Management Description.. a 'foundation' charitable incorporated organisation govemed by a constitution and managed by tNstees, with the first trustees named in the constitution and new trustees appointed by Gurrenl trustees Management decisions are taken by a committee of all trustees, which normally meets six times per year. Objectives and Activities Summary of objects: The advancement of education of the public by the encouragement of the arts Wlth particular reference to steel pan music, by particularfy but not exclusively.. the teaching, practice, promotion and presentation of concerts and other activities of a charitable nature which will promote this art. Summary of activitiès.. Northern Steel Nelwork (NSN) was fomied as an indepèndent charty on 1 st March, 2016, to lake on the work of the Sleelbands North project of North Tyneside Steelband, with trustees drawn from several steel bands in the region. The charity became registered with the Charity Commission on 17th May, 2016. NSN does not have a pemianent base, and operat8s in thè North of England. mainly in North Tyneside. Newcastle-upon-Tyne and Northumberland.
NORTHERN STEEL NETWORK (Charity No 1167154) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER, 2023 ObJectiv•s and Activities (continued) Summary of activities {continued)'. Northern Steel Network INSNI organises regional steel pan activities.. Northern Steel Orchestra, an annual Festival of Steelbands, steel pan workshops, C¢>ordination of steel pan tuning visits and the provision of networking and infomiation. NSN also owns and maintains three sets of instruments for use by sGhools and education authorities throughout the North of England. The flagship activity is Northern Steel Orchestra (NSO}, which gives talented young 51eel pan musicians across the Northern region the opportunity to play at an adVand level and have wider performancE opportunities, particularly at a nalional level. NSN promotes its activilies via its website, www.northemsteelnetwork.org, and via its fabook pages, Northern Steel Netrk and Northern Steel OrGhestra. Trustees have considered the guidan issued by the Charity Commission wth regard to public benefit. including the guidance on fee charging. The charity relies on a mixture of subscriptions, donations, grants, workshop fees and ¢ost recharges to support its activities. The subscriplion for players in the orchestra1£30 per annum) covers a very small proportion of the orchestra's costs, and trustees consider that this level of subscription is appropriate and does not discourage potenlial players. Small charges are also made to attend steel pan workshops. Achievements and Perfomiance NSN'S regular activÉiies came to a halt in March 2020 as a result of the Covid-19 pandemic and subsequent govemment restrictions. NSN was unable to organise any activities throughout the rernainder of 2020 and for most of 2021 and 2022, as it had no access to inslruments and venues remained closed or unavailable for use. Even after venues began to reopen in September 2021, NSN was unable to resume most of its regular activities as a result of restriGlions by venues. These restrictions were eased in September 2022 and NSN resumed its work with the region's steel pan musicians in 2023. In March, NSN organised a workshop weekend, giving players of all ages and abilities in North- East bands access to high quality tuition from a leading nalional tutor. The intensive sessions, spread over days, were attended by 82 players. In October, NSN organised another successful workshop weekend, this time attended by 108 players. NSN'S outreach instruments remained in use in schools throughout 2023. NSN still has ambitious plans to expand its aclivities, with an extended Festival of Steelbands and an intention for 8 re-formed NSO to play at Junior Panorama again. Fortunately, NSN'S key funders have agreed to support postponed activities, and NSN is looking fOard to putting its plans into practice with a full programme of events. Encouragingly, a total of 137 individuals participated in NSN activities during thè year. NSN is a member of Making Music and Sound Sense and the British Association of Steelbands, has links wilh North Tyneside VODA and works closely with local steel bands in the North-East.
NORTHERN STEEL NETWORK (Charity No 1167154) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER, 2023 Financial Revlew TrLSStees consider that it is appropriate to hold cash reserves equivalent in value to one year's expenditure, to meet fluctuations in income and expenditure and to provide funds to replace assets as necessary. The total amount of reserves carried forward at the end of the year was £20,481.85, which consisted of £3,002.03 in restricted income funds and £17,459.82 in unrestrtcted funds. The financial performance during the year was satisfactory, given the gradual return to no81 activities. In March 2020, as a result of the Covid-19 pandemic and subsequent government restrictions, the harity became unable to carry out almost all of its normal activities. The Gharity was able to resume some activities in September 2021 and these were expanded during 2023. Trustees gratefully acknowledge the donations of £4,000.00 from the Freemasons of Northumberland and £14.00 from Dave Edwards and also the continuing support from th6 Readman Family Grassroots Fund at the Community Foundation SeNing Tyne & Wear and Northumberland, The D'oyly Carte Charitable Trust and the Freemasons of Northumberland, who have all agreed to support postponed activilies. As a result of this, the charity remains in a strong short-term financial position. The chartty is heavily reliant on income from donations and grants, without which it would be unable to carry out most of its main activities. Truslees have reviewed the charity's operations and plan to offer as full a range of activities as possible within the constraints of the grant funding available and donations received. Signed on behalf of the Trustees by= l.m. Gilberg Chairman and Treasurer 15th October, 2024 M. Darling Trustee 15th October, 2024
NORTHERN STEEL NETWORK (Charity No 1167154> FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER. 2023 Responsibilities and Basis of Report I report to the Trustees of Northem Steel Network (Charity No 1167154) {the Charity) on the financial statements for the year ended 31 st December, 2023, set OLrt on pages 5 to 8. As charity trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Char¢ties Act 2011 {the Charities Act). I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charty Commission under section 14515}{b} of the Charities Act. Independent Exarninerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that, in any matérial respect, {1 } accounting records were not kept in respect of the Charity as required by section 130 of the Charities Act- or {2} the accounts do not accord with those records., or (3) the accounts do not comply wth the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008, 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. 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. Signed= R.G.F. Garrard 22 Northcote Street South Shields NE33 4BY 29th October, 2024
NORTHERN STEEL NETWORK (Charity No 1167154) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER, 2023 Statement of Financial Activities for the year ended 31st December, 2023 Unrestricted Restricted funds funds Total 2023 Total 2022 Notè INCOME Grants Donations Subscriptions Workshops Outreach Pans Hire Trailer Hire Sundry Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,014.00 0.00 1,190.00 1,700.00 0.00 0.00 6,904.00 2,500.00 32.80 0.00 0.00 2,000.00 0.00 0.00 4,532.80 4.014.00 0.00 1,190.00 1.700.00 0.00 0.00 6,904.00 EXPENDITURE TuitionlSupeTvision Rehearsals Costs Perforniances Costs Festival Costs Workshops Costs Arts Award S¢heme Costs Use of Instruments Instrument Tuninglmaintenance Trailer Repairslmaintenance Insurance Premises Promotion Stationery Grant for NASSO Sundry Expenses Depreciation 1,060.48 0.00 0.00 0.00 129.52 0.00 0.00 -67.96 383.41 188.57 0.00 0.00 6.00 0.00 115.70 0.00 1,815.72 1,112.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,112.91 2,173.39 0.00 0.00 0.00 129.52 0.00 0.00 -67.96 383.41 188.57 0.00 0.00 6.00 0.00 115.70 0.00 2,928.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 443.74 0.00 184.60 0.00 0.00 2.20 2,500.00 117.78 0.00 3,248.32 NET INCOMEI{EXPENDITURE} TOTAL FUNDS brought foNiard TOTAL FUNDS carried fomrd 5,088.28 -1,112.91 3,975.37 1,284.48 12,371.54 4,114.94 18,486.48 15,202.00 17,459.82 3,002.03 20,461.85 16,486.48
NORTHERN STEEL NETWORK (Charity No 1167154} FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER, 2023 Balance Sheet at 31st Decèmber, 2023 Total 2023 Total 2022 Note TANGIBLE FIXED ASSETS 0.00 0.00 CURRENT ASSETS Prepayments and Accrued Income Cash at Bank Cash in Hand 887.32 19,013.69 594.08 20,495.09 1,056.69 15,638.45 619.05 17,314.19 LIABILITIES- AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and Deferred Income 33.24 33.24 827.71 827.71 NET CURRENT ASSETS 20,461.85 16.486.48 TOTAL ASSETS less CURRENT LIABILITIES 20,461.85 16,486.48 NET ASSETS 20,461.85 16,486.48 Representing.. RESTRICTED INCOME FUNDS Player Development Fund The D'oyly Carte Charitable Trust Fund 0.00 3,002.03 3,002.03 414.94 3,700.00 4,114.94 UNRESTRICTED FUNDS AGGumulated Fund 17,459.82 17,459.82 12,371.54 12,371.54 TOTAL FUNDS 20,461.85 16,486.48 Signed on behalf of the TNstees by.. I.M. GILBERG Chairman and Treasurer 15th October, 2024 M. DARLING Trustee 15th October, 2024
NORTHERN STEEL NETWORK (Charity No 11671541 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER, 2023 Notes to the Financial Statemonts 1. éasis of preparation These financial statements have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP FRS 102) and the Charities Act 2011. There are no material uncertainties about the charity's ability to continue as a going concem. Income is recognised on the date of supply in respect of goods and 5etvices supplied and on the date of receipt in respect of donations and grants reived. Donated goods, facilities and servic85 are recognised as income on the date of receipt at their fair value. (See note 6.) Expenditure is recognised on the date Ihat an obligation to make a payment arises. There has been no change to the accounting policies since last year. No changes have been made to financial slatements for previous years. 2. Trustee payments In 2023, the following Trustee provided paid tuition and other seNices to the charity in accordan with the Charities Act 2011 and the charity s constitution.. Jenny Gilberg £848.75 {2022, NIL}, of which NIL was unpaid at the end of the year. 3. Trustee expenses In 2023, 2 trustees were reimbursed for travelling and other expenses totalling £46.25 (2022, 2 trustees, £51.47). 4. Fee for examination of the financial statements For 2023, a gift valued at £11.00 will be provided for the independent examiner {2022, gift, £10.00). 5. Staff No staff were employed during the period. 6. Donated goods, facilities and services In 2023, NIL was recognised as income (the free use of premises valued at NIL)12022, NIL (the free use of premises valued at NIL)). 7. Newcastle All Slars Stèel Orchestra In 2022, the charity acted as an intermediary to facilitate Ihe payment of £2,500.00 by The Gillian Dickinson Charitable Trust to Newcastle All Stars Steel Orchestra. The amoun* is shown in income as a restricted grant and in expenditure as a granl for NASSO.
NORTHERN STEEL NETWORK (Charity No 1167154) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER, 2023 Notes to the Financial Statements Icontlnuedl 8. Flxed assets Instruments Trailer Total COST I ACQUISITION VALUE Balance brought forward Additions (Disposals) Balance carried forward ACCUMULATED DEPRECIATION Balance brought foryvard DepCiatIon charge for year (Disposals) Balance carried forward NET BOOK VALUE Brought forward Carried fOard 20,000.00 1,000.00 21,000.00 0.00 0.00 0.00 0.00 0.00 0.00 20,000.00 1,OIJO.00 21,000.00 20,000.00 1,000.00 21,000.00 0.00 0.00 0.00 0,00 0.00 0.00 20,000.00 1,000.00 21.000.00 0.00 0.00 0.00 0.00 0.00 0.00 Depreciation is calculated on a straight line basis at 250h per annum.