This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

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ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 24

Charity No. 1168749

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Legal and Administrative Information	2
Chair’s Review	3-4
Trustees’ Report	5-6
Social Change Workstream	6-11
Grassroots Talent Development Workstream	11-13
Fairer Industries and World of Work Workstream	14-16
Geographical Breakdown of Performance and Annual Highlights	17-18
Plans for the Future	18-20
Financial Review	20-22
Structure, Governance and Management	23
Statement of Trustees’ Responsibilities	24-25
Independent Auditors’ Report on the Financial Statements	26-29
Statement of Financial Activities	30
Balance Sheet	31
Statement of Cash Flows	32
Notes to the Financial Statements	33-49

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Legal and Administrative Information

Charity Name:	AudioActive
Charity Number:	1168749
Registered Address:	Unit A 85-87 Montague Street, Worthing. BN11 3BN
Office Address:	Unit A 85-87 Montague Street, Worthing. BN11 3BN
Trustees:	Arjo Ghosh (Chair) Aurelia Butler-Ball Damian Cataldo (Treasurer) Bronya Curwen Josephine Simonon Jasmine Marshall-Fraser James Stringfellow (Resigned 16/05/23) Lambros Fatsis (Resigned 17/05/23) Kriss Thakrar Marilina Reina
CEO	Adam Joolia
Patrons:	Rag’n’Bone Man Rizzle Kicks
Bankers:	Metro Bank. 82 North Street, Brighton. BN1 1ZA Triodos Bank. Deanery Road, Bristol. BS1 5AS
Independent Auditor:	Kreston Reeves LLP. Plus X Innovation Hub, Lewes Road, Brighton. BN2 4GL

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Chair’s Review

AudioActive has continued to build on the remarkable growth achieved in 2022-23 and we are confident that our continued expansion of funded programmes is well supported. Core funding from Arts Council England has enabled us to develop more sustainable systems, ensuring better data and financial accountability to support our operations into the future.

Our impact has been significant. This year, we delivered music sessions across East and West Sussex. Through outreach programs, we reached many vulnerable young people, offering essential support during school holidays and addressing critical issues such as youth violence, school exclusions, mental health and substance misuse.

Key Programmes and Achievements

Our SHIFT programme, designed to mentor at-risk youth, delivered personalised sessions across five locations. By helping young people build trusted adult relationships, resilience and redirect their lives positively, this initiative continues to create meaningful change.

Vocalise, a space designed to empower young women and gender-variant individuals, encouraged self-expression, creativity, and improved mental well-being through songwriting and performance.

Room to Rant, which combines rap and spoken word with mental health support, has been lifechanging for many participants. Despite the conclusion of Comic Relief funding, the continuing impact led to a showcase at the European Congress of Psychology, underlining its contribution to improving mental health outcomes.

Our Grassroots Talent Development workstream provided performances at the Brighton Dome and the production of original tracks that are now available on streaming platforms. Additionally, Full Circle, our leadership training program, prepared 11 young music leaders, with 8 graduates completing the rigorous 12-session course.

Throughout the year our public music events were outstanding in helping to build wider audiences and recognition of our work, which helps build our foundations for the years ahead.

Sustainability

Our work would not be possible without the support of our partners and funders. With a total income of £1,103,774, we expanded our programs despite a challenging funding landscape. Investments in initiatives such as the Worthing Hub—a three-story facility housing a 100capacity music venue and project spaces—have allowed us to create vibrant community spaces that serve as a model for the future of the High Street.

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We are grateful to Arts Council England, Youth Music, and local councils and organisations for their continued support, as well as the inspiring collaboration with schools, businesses, and cultural institutions across Sussex.

Looking Ahead

As we enter a new chapter, we are focused on consolidating and expanding our programs, particularly in underserved areas such as Eastbourne and in Crawley, where in the coming year we aim to trial the potential for a future hub and studios to host and further develop our work in the town. Strengthening evidence-based initiatives like SHIFT and securing funding to revive vital projects such as Room to Rant. We will also focus on finding a new Brighton base after developers finally reclaimed Bottega Rooms, our multi-functional performance, workshop, band practice and recording studios in Brighton. During this time we will also begin to consider how we raise capital that enables a secure long-term location in Brighton and Hove.

Thank you to our dedicated, compassionate and brilliant team, trustees, and supporters. The experiences that we create for young people enable them to believe in themselves, often for the first time. We are certainly transforming lives and communities through music, and I have never been prouder to be a trustee.

Sincerely, Arjo Ghosh

Chair of Trustees

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Trustees’ Report

The Trustees present their annual report together with the audited financial statements of the Charity for the year 1 April 2023 to 31 March 2024.

The Annual report serves the purposes of both a Trustees' report and a Directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives

The objectives of the charity are to encourage and promote the development of children and young people of all backgrounds living in the South East of England by:

Providing music, music technology and cross art form collaboration projects that support personal and social development
Creating high-quality music making and performance opportunities to support career and artistic development
Collaborating with educational establishments to provide innovative and creative ways of teaching and learning
Promoting and encouraging youth participation ownership and influences over the direction and work of the organisation
Aiming to be an equal opportunity service provider, actively combating discrimination and marginalisation, and promoting a welcoming, inclusive and creative environment

This year has seen a steady growth in the programmes delivered by the organisation, with a scaling up of delivery of existing projects into different areas. We document some of this growth here with performance figures from this year and we use this as a backdrop for the highlights across the various programmes.

Activities undertaken to meet objectives

Overall, this year, we delivered 1,398 music sessions to young people with 1,762 attendances.

We put on 28 music events which drew in roughly 4,900 people. We also worked on several collaborations and partnerships, which are outside of these numbers, these are outlined below.

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Under our Fairer Industries and World of Work workstream, we have also trained and mentored 11 young adults through Full Circle, our young leadership training programme, these sit outside of the engagement figures outlined, however we have touched the lives of these young adults in a meaningful way and changed their trajectories for the better. 8 of the cohort of 11 completed all 12 three- hour sessions.

The breakdown for each programme and project is given below under the three workstreams (Social Change, Grassroots Talent Development and Fairer Industries & World of Work). The performance figures are given alongside other relevant updates in the text below. A geographical breakdown is provided at the end with relevant highlights.

Social Change Workstream

Our Social Change workstream comprises a number of innovative cross-sector partnerships, programmes and projects that use music and creativity as the agent for change for tackling difficult problems in the lives of some of the most vulnerable young people in our communities.

Overall performance on this workstream

This workstream saw delivery of 1,077 sessions, which racked up 1,341 attendances. These figures are broken down by programme and location in Table 1. below and these are set out below under each programme, alongside the highlights throughout the year and feedback from stakeholders.

Table 1. Shows the outputs by location, for programmes in the Social Change workstream

Programmes ~~eee~~	Location ~~eee~~	No. of Sessions delivered ~~eee~~	No. of YP engaged ~~eee~~ ~~ee~~
Room 2 Rant		59	46 ~~ee~~
	Worthing	13	13
	Brighton	22	25
	Eastbourne	11	2
	Crawley	13	6
SHIFT		846	281
	Brighton	211	51
	Crawley	158	111
	Worthing	209	39
	Horsham	172	53
	Mid Sussex	96	27
Vocalise		56	34
	Brighton	33	28
	Crawley	23	6
Outreach and others		84	844

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Cyphers	Mid and West Sussex	19	300
	Worthing	11	200
	Eastbourne	4	42
	Brighton	2	12
VRU	Worthing / Crawley	6	220
Strike days	Worthing / Crawley	2	13
Bewbush	Crawley	20	25
APC	Crawley	8	12
	Worthing	8	12
Others	West Sussex	4	8
HAF		32	136
	Crawley	8	32
	Eastbourne	8	41
	Worthing	12	55
	Newhaven	4	8

TOTALS		1,077	1,341

Room to Rant

Room To Rant is a Sussex-wide project for young men and gender variant individuals who want to get things off their chest using rap and spoken word. The programme provides a safe and supportive space for participants to channel their creativity to express feelings in a positive way. Sessions are led by professional rap artists and supported by mental health professionals.

The programme aims to improve mental health, confidence, self-expression and social connections. Its intended outcomes are to reduce the risk of suicide, substance misuse and self-harm among the participants.

“R2R is a family of hurt and broken people it’s a brotherhood all there for each other and the sessions and events give people like us hope and tell us we ain't alone it finally gives us a reason to fight against mental health” SD (Brighton)
“I would describe it as a family I never had before and the events I’ve been through with Room to Rant have been life-changing to me. We can give each other hope and courage even when some may feel like they can’t achieve “ MS (Brighton)

This project has achieved a range of impactful milestones, creating opportunities for participants to shine through performance showcases, including events with established artists and social media campaigns like EOTT.

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Notable accomplishments include the creation of a community mural ‘AudioActive Saved my Life’ at Bagel Man, collaborative films produced with university students, and a significant increase in participant numbers. The project garnered press coverage and further enhanced participants' growth through signposting and progression pathways across various initiatives.

A finished mixtape, distributed physically and added to Spotify, highlights the creative output, alongside films documenting key "Room to Rant" events. The team presented their work at the European Congress of Psychology and participated in the Baton of Hope tour, building recognition on a broader national stage.

The project concluded successfully with celebrations and future opportunities for participants, marking a fulfilling journey of growth and connection.

Unfortunately the 3 year grant funding from Comic Relief came to an end in the autumn of 2023 and although securing continuation funding has so far been unsuccessful we continue to seek funding to revive this important work as an ongoing part of our core programme.

SHIFT

The SHIFT mentoring programme provides one-to-one and group mentoring for young people at risk of violence, substance misuse, or involvement in the criminal justice system. With over 20 trained music mentors, the programme uses music to build self-efficacy, resilience, and social relationships; aiming to prevent criminal involvement. It also supports mental health, education engagement, and musical development; building long-lasting relationships and participation in group projects.

The programme aims to positively engage young people who are at risk of being excluded from school and/or getting involved in criminal activity. Case studies and wellbeing scales are used to evaluate the programme's impact. Participants gain digital badges to celebrate achievements. Signposting connects them to further opportunities and support.

This year SHIFT ran across 5 areas - Brighton, Crawley, Worthing, Horsham, and Mid Sussex. The project supported 281 young people over the course of 846 group or one-to-one sessions.

“I had to manage school better , I felt calmer being able to talk about my feelings and stuff so it helped in other ways and definitely calmed me down in lessons as I was thinking more about what might happen if I kicked off or walked out” SHIFT participant

St Wilfrids Group Sessions mentor feedback:

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“Three young men were referred who each had different levels of need and experience. There were common themes of challenges for the group, largely centred around family and peer relationships, and low self-esteem and confidence.
“By the end of the 12 weeks the group were supported to explore topics that were important to them - including local crime, mental health and teenage vaping. They wrote and recorded a song together, and supported each other with words of encouragement if they made any mistakes. It became a really good group dynamic and quite a change from session 1.”

Since its launch in 2018, SHIFT has evolved into our largest and most impactful project, attracting investment from Public Health, trusts, foundations, and Violence Reduction Partnerships across Sussex. Despite this success, strengthening the programme’s evidence base remains critical to securing sustainable long-term funding.

To address this, we applied to the Youth Endowment Fund (YEF) to support a large-scale efficacy study of SHIFT. This study aims to set a new benchmark for impact evaluation through a rigorous randomised control trial.

We are proud to have advanced to the final stages of YEF’s funding process. Following a fourmonth co-design process with evaluators, we have submitted our final proposal and anticipate a decision by May 2024. This opportunity could position SHIFT as a national leader in demonstrating effective violence reduction strategies.

Vocalise

This project is running in Brighton and Crawley and delivers weekly wellbeing focused sessions for young women and gender variant individuals who want to express themselves through singing and song-writing. Sessions are led by female musicians, alongside an embedded mental health practitioner. This alternative to traditional therapy raises mental health awareness and reduces stigma.

The project aims to empower young people and improve mental wellbeing, confidence, creativity and resilience and develop musical skills & networks by providing a non-judgmental, safe and supportive space.

Between Brighton and Crawley, 56 sessions were delivered to 34 individuals.

"So friendly and welcoming, always such a bubbly group. Honestly, been going for a few years now and they're all like family. I never wanna leave haha”

"I enjoy Vocalise because it is an empowering and encouraging environment to practise writing and singing. I find writing with others motivates me and pushes me to not be too precious with my writing. Through attending Vocalise, I have been able to

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practise writing, sharing with the group, giving and receiving feedback. The focus on wellbeing within Vocalise means the sessions feel grounded and comforting."

Vocalise has built a supportive community: participants have shown resilience and commitment, overcoming challenges such as anxiety, bullying, ADHD and discrimination, to find confidence and express themselves through songwriting and performance. Young women from further afield have attended and flourished through their involvement, initially exploring our other projects across Sussex. A standout moment for the project in 2023 was the powerful performance by longtime Vocalise participants Shifa and Bessy Again on International Women's Day at Brighton Dome.

AudioActive plans to expand opportunities for its participants by featuring more of their original music on upcoming AudioActive mixtapes and securing additional performance slots to showcase their talents. To ensure the project continues to support young people’s wellbeing through creativity, a focused recruitment drive will be launched to welcome new, younger members who could benefit from the positive and inclusive environment that Vocalise has provided for others in their situation.

Outreach

Engaging ‘hard-to-reach’ young people in their own neighbourhoods is a powerful way to build their confidence and encourage them to take the next step—whether that’s attending an open-access session or accessing other forms of support. By working with skilled, trained music leaders, we create organic and impactful interactions, showcasing our commitment to music and creating connections with young people. This approach allows us to better understand their relationships with their communities and shared spaces.

Our outreach efforts focused primarily on engaging young people during school holidays to divert them from anti-social behaviour, violence, criminality, and substance misuse.

Key highlights from this strand of work include:

36 Cyphers held in outdoor community spaces across Mid and West Sussex, Worthing, Eastbourne, and Brighton, with an approximate total attendance of 554 young people.
6 sessions delivered in response to serious incidents of violence in Worthing and Crawley, engaging 220 young people.
20 sessions in Bewbush, Crawley, with 25 attendees, building trust and providing consistent support.
During a school strike day in May, we ran sessions in Crawley and Worthing, supporting 13 young people, and helping minimise disruption for them and their families.

In total, we delivered 68 outreach sessions, reaching 820 young people, successfully creating safe, creative spaces that support and inspire vulnerable young people in their communities.

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HAF

HAF is a central government initiative that stands for "Holiday, Activities and Food" and is funded by the Department for Education. It provides free music sessions for young people aged 12-16 who are in receipt of benefits-related free school meals (FSM). This year the programme was delivered in Crawley, Eastbourne and Worthing.

The sessions are led by professional artists and include rap, singing, production and recording. The participants receive a free balanced lunch and learn about nutrition and creativity. Activities involve music production, singing, instrumental performances, radio interviews, and healthy food discussions. We delivered 28 sessions in total across the 3 areas.

Case study from the Programme Manager:

B had moved schools after experiencing bullying which knocked their confidence. Initially B seemed shy and hung back a little but soon got into their stride as the programme developed and excelled in the tasks laid out in front of them. They pushed through any anxieties they had and were open to trying all aspects of music making.

B was supported by the mentors to write a piece about a specific activity that they loved and wanted to share. They were given guidance on writing techniques, delivery style and recording. They worked with another yp on a piece that they recorded together. B performed the piece live at the event which was astounding.

“I never thought I could do that it felt good I can feel my confidence growing and it was really fun as well”

By the end of the third day they were a lead figurehead in the big group, even helping others with their work. B wrote a handful of powerful pieces about identity and performed these in front of the crowd on New Year’s Eve. I feel like this was an empowering experience for B and they have since signed up for and attended open access sessions and our Truth to Power project.

Grassroots Talent Development Workstream

This workstream includes several programmes which come under the umbrella brand "SESSIONS". Programme strands are all recognisable by being year-round, open access, dropin sessions (Music Production, Rap, Beats & Bars, Equaliser, recording sessions and one-off small projects).

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These projects cater for young people and emerging artists from entry to advanced and semiprofessional levels and so provide support and opportunities for young people at any point in their journey from participant to (should they wish) professional.

Overall performance on this workstream

This workstream saw delivery of 269 sessions which engaged 385 young people. These figures are broken down by programme and location in Table 2 below, and a description of each programme is provided below.

Table 2. Shows the outputs, by location, in the Grassroots Talent Development workstream

Programmes ~~ee~~	Location ~~ee~~	No. of sessions delivered ~~ee~~	No. of YP engaged ~~ee~~
SESSIONS(Music Production, Rap, Beats & Bars)		180	297
	Brighton	67	143
	Crawley	39	39
	Worthing	74	115

Equaliser		69	70
	Brighton	35	39
	Worthing	34	31

TOTAL		249	367

SESSIONS

This programme is a weekly music-making drop in which focuses on music production and performance; this includes lyric writing, freestyling, recording etc and it is led by experienced music leaders and artists.

The project aims to increase young people's motivation, confidence, creativity, connectivity and musical talent, develop musical networks and opportunities, and build currency for further musical progression beyond the project.

This year we delivered 180 drop-in sessions in total across Sussex with 297 attendees.

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"I’m learning all the time about music but also about myself - my production skills have got much better. I feel so much more confident and am finding that this is helping me at school as well."
"Good place for me to progress in my rap and get things off my chest in a safe place."

“It’s been really good - I’m learning new stuff and Giz and Louie are really cool. I feel more confident and there is a lot of time to try out new things and I’ve had a chance to do some performances.”

Equaliser

This project is a series of music production workshops for young people identifying as women or gender variant, led by female musicians who offer guidance & support, and expertise in music production. This project helps promote gender equality in the music industries from the bottom up, addresses the lack of female representation in music production and sound engineering. It aims to strengthen confidence, promote collaboration and establish connections whilst developing a community of self-sufficient female identifying digital music creators.

This year we delivered 69 regular workshop sessions including 34 in Worthing and 35 in Brighton. Through these sessions we reached 70 young people including 39 in Brighton and 31 in Worthing.

"Access to programs and equipment, helpful tutors, performance opportunities, friendly environment, freedom to work on whatever you want."

“Love the atmosphere, great to have access to recording so much better than school. I’ve made loads of new friends and the mentors are so helpful, friendly, easy to talk to”

“Been coming to AA for 6 months, there is a friendly atmosphere and I love the vibe. There are very encouraging mentors that are actually interested in us. The space feels really set up to work at your own pace but with support”

A is a young woman who lives in care and has struggled with self-doubt and lack of confidence. When she first came to the sessions she would sit and observe, barely saying a word. However, through the guidance of AudioActive’s music leaders, A has shared her talent as a singer and has blossomed into a confident performer. She will be supported in the future to perform and record to further explore her abilities. Her story underscores the transformative impact that music can have on young womens’ lives.

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Fairer Industries and World of Work Workstream

This workstream brings together projects for young adults who want to focus on a career in the music industries, either as creators and artists or in the many other professions in the industries.

Overall performance on this workstream

This workstream saw delivery of 40 sessions which engaged 24 young people and produced one event.

Full Circle

Full Circle is our internal young music leadership training programme nurturing the next generation of inspirational music leaders and mentors. The aim is to increase prospects and employability of young adults and talented emerging artists and increase the resilience and relevance of our workforce. A significant proportion of our large pool of paid music leaders are alumni of Full Circle which has been delivered annually since 2011. 11 young adults started the course, with 8 completing the full programme of 12 half-day sessions.

This year’s Full Circle was one of the best ever. A really exciting and diverse range of applicants have trained to take AudioActive in new directions and continue the expected excellent levels of delivery AudioActive is known for. We covered Rap, Beatmaking, Project Case Studies, Safeguarding and an overview of different settings with a lot more as well. Now over ten years into this work, Full Circle continues to set a sector wide model of practice inspiring CPD and workforce development at other projects and music hubs whilst pushing AudioActive delivery forward as it expands. This years’ highlights were (once again) seeing the successful integration of new trainees to the Audioactive workforce.

This year we have been experimenting with different formats for the program to make it more inclusive and more successful at recruiting a range of applicants who better reflect the broader audioactive community. A lot of new ideas have been generated which will really improve the training going forward. Ever since its origin the point of the training has to be reflexive and iterative and to develop with the needs of the organisation and the young leaders. Also looking at ways to use the training to increase buy-in to the AA philosophy across all delivery and from all practitioners, new and established. Hopefully this evolving development of the project will just keep rolling into the future.

Emerge

Emerge is AudioActive's professional level artist development programme, providing two exciting emerging artists per year with the support, guidance and funding needed to springboard them onto the next stage of their careers. The programme is funded by PRSF.

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This year we worked with 13 young artists in Brighton and Worthing. In addition to 14 regular sessions, there were two photo days, four songwriting days, one live show, and one videography day. Emerge artists were treated to masterclass sessions from Sophie Faith, Believe Digital, PAT, Jigsaw Music, and T. Williams.

“The Emerge course has equipped me with fundamental knowledge, tools and expertise from a wide range of industry professionals and further experienced artists/creatives, as well as connecting me with new collaborators, friends and like-minded individuals. The course has also opened new doors and led to exciting opportunities such as filming a live session with MXTR, supporting Sophie Faith, photoshoots and radio play on BBC 1Xtra by DJ Target. Emerge has played a significant role in my development and progression as an artist and writer over the past few months and I’m excited to see what the future holds!”

Orla Rae

“Emerge has put me in the same room as a wide range of music industry professionals. The value of this cannot be overstated. The ability to directly ask as many questions as I want, and to engage in open dialogue with those who are already doing what I’d like to do is like having a cheat code to a game. The knowledge I’ve gained from these sessions alone has already proven to be hugely impactful on my career and will no doubt guide all my decisions moving

forward within the industry.” Jaebo

“Emerge has helped me come out of my shell with my music and help me connect with other artists my age. As a young mother I almost felt like I had lost the drive for my art. Emerge has helped me come back with a vengeance.” Lori Asha

Some key achievements from Emerge artists in 2023/24 have been: radio play on BBC Radio 6 Music and 1Xtra; two support slots on local gigs of international artists (Sophie Faith and Blue lab Beats); numerous paid performance slots; three live sessions and one signed deal with MXTR; a scholarship with WaterBear university; a successful bid for funding from Youth Music; BBC Sussex report and various radio plays; two releases on label Graduation Records; and many cross collaborations between Emerge artists.

Plans are in place to recruit for the next Emerge cohort. Following feedback from artists we will restructure the chronology of the masterclasses, and put more resource into supporting artists with their solo material (over group songwriting days).

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MXTR

Launched in May 2024, MXTR is an ambitious artist accelerator, platform and label aiming to support the most exciting emerging artists to launch their commercial careers. In addition to supporting artists with small but radically artist centred recording deals, MXTR will launch a platform spotlighting emerging talent through tastefully shot live sessions.

This year in preparation for the launch of the platform we have run ‘More than Content’ a development programme for up and coming videographers and content creators in order to grow our future content team from the bottom up. With support from Youth Music Incubator Fund, a cohort of 6 videographers (19 - 23 y.o.) were mentored by established industry professionals including Olivia Emes and Crawley Film Initiative.

The cohort were all paid for the time spent on the programme so that they could evidence paid work on their CVs and start to pull in additional freelance work. They were also given access to our industry standard videography equipment so that they could nurture relationships with new clients and take on professional commissions if access to expensive equipment was previously a barrier.

Throughout the year, the team shot 20 live sessions with 16 different artists creating an archive of content ready to be rolled out following the platform launch at The Great Escape festival in May 2024

“AudioActive has catapulted my career by allowing me access to equipment that I couldn’t then afford. Coming from a lower socio-economic background I was always competing with people from privileged backgrounds. I’ve been able to use the equipment to secure clients with big budgets and now I own my own equipment, so thank you guys for that!”

AudioActive x Waterbear Scholarship

WaterBear College of Music and AudioActive have forged a strong partnership to create lifechanging opportunities for young people from marginalized communities. Together, we offer a fully funded, three-year scholarship designed to break down barriers and provide access to further music education. For the 2023/24 academic year, the scholarship was awarded to Summer Rose, a talented and driven young musician. Summer’s journey highlights the transformative power of collaboration between WaterBear and AudioActive, opening doors for the next generation of creative talent to thrive.

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Geographical Breakdown of Performance and Annual Highlights

In Brighton we delivered 402 sessions in total this year, through our flagship programmes; Room to Rant, SHIFT, Sessions, Vocalise and Equaliser, and in addition to this work we organised nine key events attended by over 3,000 people. Through the main sessions we have reached approximately 132 young people; with really meaningful interventions, not just about music but other aspects of their lives.

In Crawley we delivered 272 sessions this year with 609 attendances, and organised seven events which were attended by 790 people. Through our work this year we have reached approximately 300 young people, improving their lives in a meaningful way. In Worthing we delivered 385 sessions in total this year, through Room to Rant, Outreach, Beats and Bars, Equaliser and HAF; and we organised 12 events, attended by 738 people.

The Worthing Hub has gone from strength to strength and is establishing itself as a key player in the local music scene.

In Eastbourne we delivered 23 sessions in total; through HAF, SHIFT and Outreach activity. In expanding delivery of SHIFT into Eastbourne, we are establishing connections with local schools and services and gauging the needs of young people in the area. We engaged 85 young people over the year.

In Horsham we delivered 172 SHIFT sessions to 53 young people. As a new area for delivery, we’ve been establishing connections with schools and services and assessing local need.

Mid Sussex is also an area we have newly expanded into and developed connections within. We delivered 96 SHIFT sessions to 27 young people, and undertook outreach work in the form of 19 cypher sessions (across Mid Sussex and other West Sussex districts outside our main target areas) which were attended by a staggering 300 young people - evidence that there is a need for the sort of musical provision that AudioActive provides.

Notable Achievements

We were thrilled to have our work recognised by Ezra Collective who’s band leader Femi Koleoso gave an impassioned speech in front of 30,000+ people during their main stage performance at Glastonbury Festival.

The band again used their platform to shout about the importance of community music work during their acceptance speech when picking up the coveted Mercury Prize, where they paid tribute to AudioActive and other music organisations that supported them in their formative years.

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Emerge Alumni Eva Lewis made history at the Youth Music awards at London’s Troxy venue where she became the first artist to bag 3 awards in one night at this prestigious annual event.

Plans for the Future

Following another year of significant growth of the organisation and further growth projected in the future, our focus for the next few years will be to consolidate and professionalise our programme into a more sustainable and scalable model. This will involve working to ensure better parity of offer to young people living across the breadth of our geographic footprint so that fewer young people are at a disadvantage in terms of reaching their potential because of where they live.

We also want to develop our governance, culture, systems and use of data as we grow to enable deeper insights into our work and public benefit so that we can better manage and allocate our resources in response to the changing economic, political and social landscape in which we operate.

In the table below we have outlined our key goals for 2023-26 and our objectives against each goal for the coming year (2024-25).

MUSIC FOR SOCIAL CHANGE	MUSIC FOR SOCIAL CHANGE
Strategic Goals	Objectives
Innovation in music for social change	Following successful pilot of Truth to Power, explore and develop opportunities to scale up and further develop innovative and creative approaches to youth voice, co- production and power
	Revive Room to Rant (currently unfunded)
Increased parity of offer for young people across our main 'focus towns' and access for young people in other 'priority places' within our area of operation	Establish SHIFT in Worthing
	Develop further opportunities for music for social change in Eastbourne and Arun
Progression and Social Mobility	Further develop progression opportunities and outcomes for young people in Worthing & Crawley (and surrounding areas) to progress from our social change projects into our Grass Roots talent development projects and beyond
Stronger Evidence of Impact	Develop systems and software solutions to enable a better data framework and culture

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GRASSROOTS TALENT DEVELOPMENT

GRASSROOTS TALENT DEVELOPMENT	GRASSROOTS TALENT DEVELOPMENT
Strategic Goals	Objectives
Offer a broader range of activities in response to young peoples’ feedback	Re-introduce DJ workshop activities
	Develop additional live and band work sessions in Worthing
	Provide more career development and industry focused activities
	Improve promotion of existing opportunities (eg Emerge) to young people already attending AudioActive but unaware of some activities
Recovery and development of live scene and live performance opportunities	Scene building, including more consistent (venue- based) activations of Kustom Vibes
	Further development of our grassroots venue, promoter partnerships and gig programme at AudioActive Worthing
	Strategic facilitation and development of performance platforms for grass roots music in Crawley
FAIRER INDUSTRIES AND WORLD OF WORK
Strategic Goals	Objectives
Enabling emerging artists (with barriers to access) to launch their professional & commercial careers	Provide professional development, vocational and employment opportunities for young people and emerging artists who may otherwise not have the chance/prospects including through: i) Following successful pilot in 2023-24 establishing the new model of Emerge (artist development programme) with a broader more accessible programme for up to 12 emerging artists 17-25 y.o. (previously 2 per year)
	ii) Full Circle young music leadership training for 18-25 y.o.
	iii) Launching MXTR a socially responsible 'artist accelerator' label/platform to: • champion the most exciting emerging talent from the region • model a radically different approach to artist centred record deals & label 'duty of care'

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	• support artists to take the right first steps into the commercial music industries • help artists to reach & develop audiences worldwide and monetise their music
Creating accessible & sustainable talent development infrastructure in our region	Refine a viable operating and finance model for AudioActive Worthing Hub
	Realise a hub for socially engaged talent development in Crawley
	Secure an interim solution for delivery premises in Brighton & Hove, post-Bottega Rooms
	Develop a viable plan for permanent premises in Brighton & Hove (longer term)
Building a resilient organisation, fit for the future	Develop & implement an environmental responsibility strategy & plan
	Increase capacity to enable and facilitate youth co- production
	Further development of 'Youth Steering Group'
	Increase representation of 'young trustees' (U30) on the board
	Increase capacity for Data management, insights and impact demonstration
	Increase organisational dynamism & efficiency through the development of a robust data framework (CRM/software solutions) and culture

Financial Review

The total income for the year was £1,103,774 (2023: £803,911) and expenditure of £951,009 (2023: £888,375). The accounts show a surplus / (deficit) for the year of £152,765 (2023: (£84,464)).

At the year end the charity held unrestricted free reserves of £277,950 (2023: £153,959) and fixed assets with a value of £123,527 (2023: £136,643). Therefore, the charity's total unrestricted reserves at the year end totaled £424,299 (2023: £290,602). At the year end the charity held restricted funds of £100,636 (2023: £81,568).

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We have projected several cash flow risks in 2024-2027 which are over and above our normal liabilities. These include 2 potential capital projects to set up new premises in both Crawley and Brighton & Hove. In May 2024 we will also embark on a 2-year, £1.7m programme to conduct a full efficacy study on SHIFT. Although the research programme is fully funded, our payment terms with the funder are for quarterly payments, in arrears.

The Trustees have decided to increase the level of unrestricted reserves we hold during the period 2024-27 in order to mitigate the above risks. The current level of reserves reflects this decision. The Trustees will review the need for a formal revision in our Reserves Policy in the coming year.

Our main funders for the year:

Arts Council England
Brighton and Hove City Council
Comic Relief
Esmee Fairbairn
East Sussex County Council
Fonthill Foundation
Govia
Hyde Trust
Performing Rights Society Foundation
PCC Community Safety Fund
Safer Crawley Partnership
Safer Street 4 Crawley
The Trust for Developing Communities
Tarner Community Project
Youth Music
West Sussex County Council and District and Borough Councils

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Income and expenditure at a glance

Income £1,103,774

Expenditure £951,009

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Reserves policy

It is the Charity's aim that unrestricted funds which have not been designated for a specific use, should be maintained at a level equivalent to 4 months operating expenditure being £188,000. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. The charity will aim to maintain this level of reserves throughout the year.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the below financial review and the accounting policies in the accounts.

Structure, Governance and Management

Constitution

AudioActive is registered as a Charitable Incorporation Organisation and is constituted by a CIO Foundation dated 12 August 2016. Its registered charity number is 1168749.

Appointment of Trustees

At present the board consists of 8 trustees.

Trustees are appointed by a resolution passed at a convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, due consideration is given to the skills, knowledge and experience needed for the effective administration of the CIO.

Trustee Induction and Training

New Trustees are given a role description and orientation. Trustees are also given access to training relevant to their role.

Decision Making

Trustees are responsible for setting the strategy for the organisation. The day to day running of the charity is delegated by the Trustees to the CEO, Adam Joolia and his staff team consisting of Director of Programmes, Director of Finance & Operations, Programme Managers and a team of freelance artist practitioners.

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Staff remuneration

We are committed to Living Wage and ensuring that we pay our staff fairly. Trustees approve the annual percentage increase for all staff. Pay scale is determined by looking at similar roles within the local area. A pay-scale review was carried out by an external evaluator in 2019.

Risk Management

The Board of Trustees are satisfied that reasonable steps are being taken to limit the probability and the impact of risks.

Public Benefit

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their power or duties.

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources., including the income and expenditure, for that period.

In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP (FRS102);
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS102) have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

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The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulation 2008 and provisions of the CIO Foundation. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Arjo Ghosh 20 Jan 2025 17:52:07 GMT (UTC +0)

20 January 2025

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AudioActive

Independent auditors' report to the Members of AudioActive

Opinion

We have audited the financial statements of AudioActive (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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AudioActive

Independent auditors' report to the Members of AudioActive (continued)

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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AudioActive

Independent auditors' report to the Members of AudioActive (continued)

Capability of the audit in detecting irregularities, including fraud

Based on our understanding of the charitable incorporated organisation and the sector as a whole, and through discussion with the Trustees and other management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations. We considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities SORP (FRS 102) Second Edition (released October 2019), and other relevant legislation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated Trustees' and management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks related to posting inappropriate journal entries. Audit procedures performed by the engagement team included:

Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations and fraud, and review of the reports made by management; and
Assessment of identified fraud risk factors; and
Identifying and assessing the design effectiveness of controls that management has in place to prevent and detect fraud; and
Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and
Confirmation of related parties with management, and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the normal course of business; and
Performing analytical procedures with automated data analytics tools to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and
Reading minutes of meetings of those charged with governance and reviewing correspondence with relevant tax and regulatory authorities; and
Physical inspection of tangible fixed assets susceptible to fraud or irregularity; and
Review of significant and unusual transactions and evaluation of the underlying financial rationale supporting the transactions; and
Identifying and testing journal entries, in particular any manual entries made at the year end for financial statement preparation.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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AudioActive

Independent auditors' report to the Members of AudioActive (continued)

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the charitable company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees.
Conclude on the appropriateness of the Trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors' report. However, future events or conditions may cause the charitable company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Other matters

The comparative financials were not audited.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Lucy Hammond 23 Jan 2025 14:13:32 GMT (UTC +0)

Kreston Reeves LLP

Chartered Accountants Brighton

Date: 23 January 2025

Kreston Reeves LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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AudioActive

Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2024

Note Income from: Donations and legacies 3 Charitable activities 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net income/(expenditure) Transfers between funds 14 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Restricted funds 2024 £ 203,796 - 203,796 - 189,910 189,910 13,886 2,269 16,155 81,568 16,155 97,723	Unrestricted funds 2024 £ 436,945 463,033 899,978 26,841 734,258 761,099 138,879 (2,269) 136,610 290,602 136,610 427,212	Total funds 2024 £ 640,741 463,033 1,103,774 26,841 924,168 951,009 152,765 - 152,765 372,170 152,765 524,935	Total funds 2023 £ 387,909 416,002
				803,911 26,029 862,346
				888,375 (84,464) -
				(84,464) 456,634 (84,464)
				372,170

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 33 to 49 form part of these financial statements.

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AudioActive Registered number: CE008541

Balance sheet As at 31 March 2024

			2024		2023
	Note		£		£
Fixed assets
Tangible assets	11		123,527		136,643
			123,527		136,643
Current assets
Debtors	12	131,013		225,840
Cash at bank and in hand		509,809		262,829
		640,822		488,669
Creditors: amounts falling due within one
year	13	(239,414)		(253,142)
Net current assets			401,408		235,527
Total net assets			524,935		372,170
Charity funds
Restricted funds	14		97,723		81,568
Unrestricted funds	14		427,212		290,602
Total funds			524,935		372,170

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.

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

However, an audit is required in accordance with section 144 of the Charities Act 2011.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Arjo Ghosh 20 Jan 2025 17:52:07 GMT (UTC +0)

................................................

Arjo Ghosh (Chair of Trustees) Date: 20 January 2025

The notes on pages 33 to 49 form part of these financial statements.

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AudioActive

Statement of cash flows For the year ended 31 March 2024 Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	2024 £ 271,129 (24,149) (24,149) 246,980 262,829 509,809	2023 £ 100,439 (53,012)
		(53,012) 47,427 215,402
		262,829

The notes on pages 33 to 49 form part of these financial statements

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AudioActive

Notes to the financial statements For the year ended 31 March 2024

1. General information

The charity is a Charitable Incorporated Organisation registered at the Charities Commission in England and Wales. Its registered office and principal place of business is Unit A 85-87 Montague Street Worthing West Sussex BN13 3BN.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

AudioActive meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

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Notes to the financial statements For the year ended 31 March 2024

2. Accounting policies (continued)

2.5 Government grants

Government grants are credited to the Statement of financial activities as the related expenditure is incurred.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Office equipment Straight line over 5 years Leasehold improvements - Over the term of the lease

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Operating leases

Rentals paid under operating leases are charged to the Statement of financial activities on a straightline basis over the lease term.

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Notes to the financial statements For the year ended 31 March 2024

2. Accounting policies (continued)

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

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Notes to the financial statements For the year ended 31 March 2024

3. Income from donations and legacies

Donations Grants Donations Grants Government grants	Restricted funds 2024 Unrestricted funds 2024 £ £ - 48,825 203,796 388,120 203,796 436,945 Restricted funds 2023 Unrestricted funds 2023 £ £ - 9,239 277,354 87,175 14,141 - 291,495 96,414	Total funds 2024 £ 48,825 591,916
		640,741
		Total funds 2023 £ 9,239 364,529 14,141
		387,909

4. Income from charitable activities

Unrestricted funds 2024 £ Commissions 94,629 Contracts 307,859 Rental of rehearsal Studios/rooms 52,903 Other charitable income 4,093 Interest received 3,549 463,033	Total funds 2024 £ 94,629 307,859 52,903 4,093 3,549
	463,033

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Notes to the financial statements For the year ended 31 March 2024

4. Income from charitable activities (continued)

Commissions Contracts Rental of rehearsal Studios/rooms Interest received	Unrestricted funds 2023 £ 55,831 308,374 51,404 393 416,002	Total funds 2023 £ 55,831 308,374 51,404 393
		416,002

5. Expenditure on raising funds

Costs of raising voluntary income

Professional fees Wages and salaries Professional fees Wages and salaries	Unrestricted funds 2024 £ 7,906 18,935 26,841 Restricted funds 2023 Unrestricted funds 2023 £ £ 6,870 1,125 - 18,034 6,870 19,159	Total funds 2024 £ 7,906 18,935
		26,841
		Total funds 2023 £ 7,995 18,034
		26,029

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Notes to the financial statements For the year ended 31 March 2024

6. Analysis of expenditure on charitable activities

Summary by fund type

Support of young people Support of young people	Restricted funds 2024 Unrestricted funds 2024 £ £ 189,910 734,258 Restricted funds 2023 Unrestricted funds 2023 £ £ 329,951 532,395	Total 2024 £ 924,168
		Total 2023 £ 862,346

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Notes to the financial statements For the year ended 31 March 2024

7. Analysis of expenditure by activities

Support of young people Support of young people Analysis of direct costs Staff costs Tuition Bottega Room costs Montague Street Studio/Rooms Hire Project Partner Costs Participant Costs Equipment Sundries	Activities undertaken directly 2024 £ 667,338 Activities undertaken directly 2023 £ 554,680	Support costs 2024 £ 256,830 Support costs 2023 £ 307,666 Support of young people 2024 £ 119,298 283,005 49,180 135,588 22,049 16,008 26,670 6,317 9,223 667,338	Total funds 2024 £ 924,168
			Total funds 2023 £ 862,346
			Total funds 2024 £ 119,298 283,005 49,180 135,588 22,049 16,008 26,670 6,317 9,223
			667,338

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Notes to the financial statements For the year ended 31 March 2024

7. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Staff costs Tuition Bottega Room costs Montague Street Studio/Rooms Hire Project Partner Costs Participant Costs Equipment	Support of young people 2023 £ 78,395 267,907 56,616 87,019 7,413 35,079 17,406 4,845 554,680	Total funds 2023 £ 78,395 267,907 56,616 87,019 7,413 35,079 17,406 4,845
		554,680

Analysis of support costs

Staff costs Depreciation Staff Training & Development Professional Fees Office Rent Marketing and Print Phone, Internet and Photocopy Stationery Staff Motor and Travel expenses Insurance Subscriptions and Licenses Sundries Governance costs	Support of young people 2024 £ 139,438 37,265 3,967 23,452 10,760 4,895 744 392 2,848 3,723 2,895 10,915 15,536 256,830	Total funds 2024 £ 139,438 37,265 3,967 23,452 10,760 4,895 744 392 2,848 3,723 2,895 10,915 15,536
		256,830

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Notes to the financial statements For the year ended 31 March 2024

7. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Staff costs Depreciation Staff Training & Development Professional Fees Office Rent Marketing and Print Phone, Internet and Photocopy Stationery Staff Motor and Travel expenses Insurance Subscriptions and Licenses Sundries Governance costs 8. Auditor's remuneration Fees payable to the Company's auditor for the audit of the Company's annual accounts Fees payable to the Company's auditor in respect of: Independent examination of the Charity's annual accounts Accounting services	Support of young people 2023 £ 172,057 31,899 7,839 16,430 9,600 20,050 1,459 319 18,224 3,146 2,350 14,364 9,929 307,666 2024 £ 17,700 - 2,400	Total funds 2023 £ 172,057 31,899 7,839 16,430 9,600 20,050 1,459 319 18,224 3,146 2,350 14,364 9,929
		307,666
		2023 £ - 2,000 2,000

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Notes to the financial statements For the year ended 31 March 2024

9. Staff costs

Wages and salaries Social security costs Contribution to defined contribution pension schemes	2024 £ 231,464 19,896 7,376 258,736	2023 £ 242,041 18,726 7,719

		268,486

The average number of persons employed by the Company during the year was as follows:

	2024	2023
	No.	No.
Employees	11	11

No employee received remuneration amounting to more than £60,000 in either year.

The Charity considers its key management personnel comprises the trustees and its Senior Management Team. The total employee benefits of the key management personnel including employers pension contributions in the year amounted to £139,292 (2023: £136,099)

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 March 2024, expenses totalling £40 were reimbursed or paid directly to 1 Trustee (2023 - £NIL to Trustee). The expenses related to training.

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Notes to the financial statements For the year ended 31 March 2024

11. Tangible fixed assets

Cost At 1 April 2023 Additions At 31 March 2024 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 Debtors Trade debtors Other debtors Prepayments and accrued income	Office equipment £ 45,838 11,110 56,948 8,079 9,723 17,802 39,146 37,759	Leasehold improvements £ 124,605 13,039 137,644 25,721 27,542 53,263 84,381 98,884 2024 £ 79,310 1,620 50,083 131,013	Total £ 170,443 24,149
			194,592
			33,800 37,265
			71,065
			123,527
			136,643
			2023 £ 145,124 - 80,716 225,840

12. Debtors

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Notes to the financial statements For the year ended 31 March 2024

13. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Other creditors Accruals and deferred income Deferred income at 1 April 2023 Resources deferred during the year Amounts released from previous periods Deferred income at 31 March 2024	2024 £ 15,668 11,459 7,262 205,025 239,414 2024 £ 171,037 145,949 (171,037) 145,949	2023 £ 30,236 5,668 - 217,238 253,142 2023 £ 79,436 171,037 (79,436) 171,037

Deferred income relates to revenue received in advance for contracts entered into where the contract has not been fully complete.

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Notes to the financial statements For the year ended 31 March 2024

14. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds Restricted funds Arts Council England-Elevate Arts Council-Worthing Hub Devonshire West Big Local- E'bourne Comic Relief fund National Lottery-Equaliser PRS Foundation YM Incubator YM-Fund B (22-24) East Sussex Music Hub Co-op Hiller Trust Eastbourne & Lewes CSF Hyde Children In Need Tarner Community Project Esmee Foundation Fonthill National Lottery - Vocalise Million Hours Fund Other Restricted Funds Total of funds	Balance at 1 April 2023 £ 290,602 (5,000) (38,750) 3,296 49,143 8,502 (4,486) 27,000 26,526 4,375 5,962 5,000 - - - - - - - - - 81,568 372,170	Income £ 899,978 5,000 38,750 6,706 10,529 - 6,000 - 45,000 - - - 8,592 15,000 11,890 3,675 8,000 6,884 9,960 8,930 18,880 203,796 1,103,774	Expenditure £ (761,099) - - (10,002) (59,051) (3,779) (6,555) (20,152) (43,451) - (5,962) (5,000) - (4,194) - (3,864) - (3,351) (8,307) (4,362) (11,880) (189,910) (951,009)	Transfers in/out £ (2,269) - - - 2,080 - - - - - - - - - - 189 - - - - - 2,269 -	Balance at 31 March 2024 £ 427,212 - - - 2,701 4,723 (5,041) 6,848 28,075 4,375 - - 8,592 10,806 11,890 - 8,000 3,533 1,653 4,568 7,000
					97,723 524,935

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Notes to the financial statements For the year ended 31 March 2024

14. Statement of funds (continued)

Restricted Funds

Arts Council England Elevate - For use towards the development of organisation and Worthing site.

Arts Council Worthing Hub - For use towards the development of the Worthing site.

Devonshire West Big Local Eastbourne - Eastbourne Beats and Bars.

Comic Relief Fund - For use towards the Room to Rent project and Worthing Capital costs.

National Lottery Equaliser - Brighton Equaliser.

PRS Foundation - For talent development. The fund is showing a deficit of £5,041, income has been received post year end to bring the fund out of deficit.

YM Incubator - Developing talent - Music Video making.

YM-Fund B (22-24) - Provision of sessions in Brighton & Music Leader Training and Digital Master classes.

Co-op - For use towards the Worthing space.

Hiller Trust - For development of the Worthing space.

Eastbourne & Lewes CSF - Eastbourne Beats and Bars.

Hyde - Brighton Equaliser and Evolve and outreach work. This fund will run until October 2024.

Chalk Cliff - For use towards Radio Show.

Brighton Youth Centre - Brighton Equaliser.

The Sussex Community Foundation - For use towards the Community Studio in Crawley.

Fonthill - Worthing Equaliser.

Worthing Borough Council - Worthing Equaliser.

Million Hours Fund - Outreach work in Sussex for various sessions.

National Lottery Vocalise - Brighton Vocalise.

Yorkshire BS - Vocalise.

Children In Need - Shift Worthing and used to match fund the YEF program which did not start until May 2024. The Children In Need grant will run for 3 years.

Tarner Community Project - Provision of sessions at the Level Brighton.

Esmee Foundation - Building an CRM.

HCF Grant Herefordshire - Radio Show.

YEF - pre bid - Funding for Bid.

Other restricted funds include - Chalk Cliff, Brighton Youth Centre, The Sussex Community Foundation, Worthing Borough Council, Yorkshire BS, HCF Grant Herefordshire, YEF - Pre bid.

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Notes to the financial statements For the year ended 31 March 2024

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds General Funds Restricted funds Arts Council England-Elevate Arts Council-Worthing Hub Chalk Cliff Trust Devonshire West Big Local- E'bourne Chris Bevington Foundation Comic Relief fund CCYS-Dormans Fonthill-Equaliser Ernest Kleinwort Foundation National Lottery-Equaliser PCC Comm Safety-Equaliser PRS Foundation Suicide Prevention Fund YM Incubator YM-Fund A YM-Fund B (22-24) YM-BHCC East Sussex Music Hub Sussex Comm Foundation Kickstart Grant Co-op Blagrave Trust Hiller Trust Total of funds	Balance at 1 April 2022 £ 295,617 - 34,947 2,200 - 449 65,509 - - 6,766 9,910 - - 5,292 - 2,330 - 8,549 4,375 3,702 - 5,962 6,026 5,000 161,017 456,634	Income £ 512,416 20,940 - - 8,424 - 94,752 9,709 2,980 - - 5,000 6,000 - 27,000 2,799 50,000 49,750 - - 14,141 - - - 291,495 803,911	Expenditure £ (551,554) (23,858) (67,616) (2,200) (3,927) (426) (103,816) (8,383) (2,980) (6,766) (1,229) (4,350) (10,486) (5,248) - (5,129) (22,277) (44,261) - (3,702) (14,141) - (6,026) - (336,821) (888,375)	Transfers in/out £ 34,123 (2,082) (6,081) - (1,200) (23) (7,302) (1,326) - - (180) (650) - (44) - - (1,197) (14,038) - - - - - - (34,123) -	Balance at 31 March 2023 £ 290,602 (5,000) (38,750) - 3,297 - 49,143 - - - 8,501 - (4,486) - 27,000 - 26,526 - 4,375 - - 5,962 - 5,000
					81,568 372,170

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Notes to the financial statements For the year ended 31 March 2024

15. Summary of funds

Summary of funds - current year

General funds Restricted funds	Balance at 1 April 2023 £ 290,602 81,568 372,170 Balance at 1 April 2022 £ 295,617 161,017 456,634	Income £ 899,978 203,796 1,103,774 Income £ 512,416 291,495 803,911	Expenditure £ (761,099) (189,910) (951,009) Expenditure £ (551,554) (336,821) (888,375)	Transfers in/out £ (2,269) 2,269 - Transfers in/out £ 34,123 (34,123) -	Balance at 31 March 2024 £ 427,212 97,723
					524,935
					Balance at 31 March 2023 £ 290,602 81,568
Summary of funds - prior year
General funds Restricted funds
					372,170

16. Analysis of net assets between funds

Analysis of net assets between funds - current period

Tangible fixed assets Current assets Creditors due within one year Total	Restricted funds 2024 Unrestricted funds 2024 £ £ - 123,527 98,564 542,258 (841) (238,573) 97,723 427,212	Total funds 2024 £ 123,527 640,822 (239,414)
		524,935

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Notes to the financial statements For the year ended 31 March 2024

16. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets Current assets Creditors due within one year Total	Restricted funds 2023 £ - 81,568 - 81,568	Unrestricted funds 2023 £ 136,643 407,101 (253,142) 290,602	Total funds 2023 £ 136,643 488,669 (253,142)
			372,170

17. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £7,376 (2023 - £7,719). At the balance sheet date, the amount payable to the fund was £2,622 (2023: £Nil).

18. Operating lease commitments

At 31 March 2024 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

			2024	2023
			£	£
Not later than	1	year	22,949	21,005

19. Related party transactions

Hillingdon Retail Limited

During the year, AudioActive entered into transactions with Hillington Retail Limited in which Michelle Hunter (a member of key management) was a director.

AudioActive purchased bagels from Hillingdon Retail Limited to provide to staff at projects and events. The total value of these transactions was £1,248 (2023: £320). No balances were outstanding at the year end (2023: £100).

Page 49

2024-03-31-accounts

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 24

Table of Contents

Legal and Administrative Information

Chair’s Review

Key Programmes and Achievements

Sustainability

Looking Ahead

Trustees’ Report

Objectives

Activities undertaken to meet objectives

Social Change Workstream

Overall performance on this workstream

Room to Rant

SHIFT

Vocalise

Outreach

HAF

Grassroots Talent Development Workstream

Overall performance on this workstream

SESSIONS

Equaliser

Fairer Industries and World of Work Workstream

Overall performance on this workstream

Full Circle

Emerge

MXTR

AudioActive x Waterbear Scholarship

Geographical Breakdown of Performance and Annual Highlights

Notable Achievements

Plans for the Future

GRASSROOTS TALENT DEVELOPMENT

Financial Review

Our main funders for the year:

Income and expenditure at a glance

Income £1,103,774

Expenditure £951,009

Reserves policy

Going concern

Structure, Governance and Management

Constitution

Appointment of Trustees

Trustee Induction and Training

Decision Making

Staff remuneration

Risk Management

Public Benefit

Statement of Trustees’ Responsibilities

AudioActive

Independent auditors' report to the Members of AudioActive

Opinion

Basis for opinion

Conclusions relating to going concern

Other information

AudioActive

Independent auditors' report to the Members of AudioActive (continued)

Matters on which we are required to report by exception

Responsibilities of trustees

Auditors' responsibilities for the audit of the financial statements

AudioActive

Independent auditors' report to the Members of AudioActive (continued)

AudioActive

Independent auditors' report to the Members of AudioActive (continued)

Other matters

Use of our report

Kreston Reeves LLP

AudioActive

Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2024

AudioActive Registered number: CE008541

Balance sheet As at 31 March 2024

AudioActive

AudioActive

Notes to the financial statements For the year ended 31 March 2024

1. General information

2. Accounting policies

2.1 Basis of preparation of financial statements

2.2 Going concern

2.3 Income

2.4 Expenditure

AudioActive