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2024-03-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 1 APRIL 2023 31 MARCH 2024 From To

Section A Reference and administration details

Charity name THE SITAR MUSIC SOCIETY ~~PO~~ Other names charity is known by

Registered charity number (if any) 1170299 ~~———~~

Registered charity number (if any) 1170299

Charity's principal address 93 EMPINGHAM DRIVE, LEICESTER

Postcode LE7 2DL ~~—~~

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for
whole year
Name of person (or body) entitled
to appoint trustee (if any)
D. S. Dhadyalla Chairman
Atul Patel Treasurer
Anita Mistry

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year NONE ~~ee~~

Names and addresses of advisers (Optional information) Type of adviser Name Address NONE ~~a a~~ Name of chief executive or names of senior staff members (Optional information) NONE – VOLUNTEERS ONLY ~~OO~~ Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document CONSTITUTION (eg. trust deed, constitution)

How the charity is constituted (eg. trust, association, company) CHARITABLE INCORPORATED ORGANISATION (CIO)

Trustee selection methods

(eg. appointed by, elected by) Appointed By Governing Body

CC Reg# 1170299

Page 1 of 4

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

All Trustees give their time voluntarily and can receive reasonable expenses incurred in the course of their duties but do not receive any remuneration.

A number of Volunteers help to programme, promote and run our events. Volunteers can receive reasonable expenses incurred in the course of their duties and may receive token honoraria for services rendered.

Declarations of Interests are made by Trustees and Volunteers, as applicable, and maintained in a register. Payments to one related party have been previously cleared with the Charity Commission.

SMS is a member of Making Music through which it has access to training resources, policies, and various insurances.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

SMS has no staff or premises but relies on volunteers, and
partnerships with established institutions. The programme is
carried out in hired premises, or volunteers’ homes, or the
Summary of the main premises of partner organisations.
activities undertaken for the
public benefit in relation to
these objects (include within
In devising our programme of activities, we have had regard to the
Charity Commission’s guidance on public benefit. Our events are
this section the statutory open to the general public, and some are free. Partner
declaration that trustees have organisations are public bodies or charities or non-profits.
had regard to the guidance
issued by the Charity
Commission on public
benefit)
We have an Artistic Policy and Strategy that informs each year’s
programme of events and performances. The Trustees have an
important role in maintaining artistic excellence. The Chairman is a
professional artist and educator of high standing. Other Trustees
and volunteers are also artists or have considerable knowledge,
experience and networks in their arts field.

CC Reg# 1170299

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Section D Achievements and performance Summary of the main We are very pleased to note the significant increase in activity this year achievements of the charity after a slow start coming out of the pandemic close-down. We held 10 during the year public events: • 5 Sitar Open Sessions – innovative sessions where participants could try out holding and playing a sitar, or bring your own and get some initial tutoring and mentoring, or find out more about how to string and maintain your instrument. • Yuva Kala, Concert presenting three very promising young musicians. • Annual Guru Purnima event showcasing a range of student abilities with lots of proud audience support from families, friends and SMS supporters. • A Sitar Recital by Mehboob Nadeem accompanied by Hanif Khan, two high-calibre performers based in UK. • Revival of our annual Diwali Concert at The Guildhall in partnership with Leicester Museums and Leicester Cathedral – featuring Guru and disciple, Ustad Dharambir Singh with Roopa Panesar, accompanied by Shahbaz Hussain; and • Our Annual Tribute to Ustad Vilayat Khan. Seven out of the 10 were sold-out events, indicating how popular our events have become. In total we attracted an audience of 398 people representing 91% of capacity. Nine of the 10 events were held at the Attenborough Arts Centre - we benefit greatly from their unstinting support, and we are most grateful to them for being our much-valued partner. Congratulations to all our volunteers and musicians for their enormous support too! It puts us in a very good position for head towards 2025 as our 10th year anniversary.

Section E Financial review Brief statement of the Income is sourced from charges for events, which are kept charity’s policy on reserves reasonable and affordable, and donations from companies and individuals. Some donations qualify for Gift Aid. SMS is registered with the HMRC for this purpose. We have a prudent financial strategy to ensure each event covers its costs and makes a small contribution to the overall surplus. We do not receive any other grants or public funding. At the end of the year, SMS has £14,662 in unrestricted reserves. Reserves are presently maintained as a risk-buffer and for cashflow management. Our aim was to grow it to £10k for these purposes, and to be able to provide match-funding in grant applications that we may choose to make in future. We are pleased to have achieved this goal. Details of any funds materially Not applicable. in deficit

CC Reg# 1170299

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Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

We had a good year financially thanks to a donation of £7,142.72 from Ms Basanti Chatterjee of Mrritika Arts Coventry. Her organisation was being dissolved and the surplus funds were to be a given to a similar charity. Thanks to her previous contacts with our Chairman and positive references from others, they decided to give all the surplus funds to SMS. Our grateful thanks are acknowledged on our website.

All the income, and some of the artistic fees expenditure, relating to the 15 March 24 Tribute to Ustad Vilayat Khan Concert will fall into the following year due to invoice processing times by University of Leicester.

The Society ends the year with a very healthy balance of £14,462 the highest it has ever been as we go into our 10[th] Anniversary year in 2025.

~~eee~~ Section F Other optional information

None ~~pT~~ Section G Declaration ~~ee~~

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Dharambir S. Dhadyalla, MBE Atul Patel, MBE ~~ee~~ Position (eg Secretary, Chairman Treasurer Chair, etc) ~~ee~~ Date 26 June 2024 ~~|~~

CC Reg# 1170299

Page 4 of 4

Charity Name No (if any)
THE SITAR MUSIC SOCIETY 1170299
Receipts andpayments accounts CC16a
For the period
from
01 April 2023
Period start date
To 31 March 2024
Period end date
Section A Receipts and payments
Unrestricted
funds
Restricted funds
Endowment
funds
Total funds
Last year
to the nearest £
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
DONATIONS
7,293
-
BOX OFFICE
2,963
-
GIFT AID
-
-
PARTNERSHIP FUNDING
-
-
OTHER
-
-
Transfer from reserves atyear end
-
-
-
-
Sub total(Gross income for AR)10,255
-
~~=== ~~
-
7,293
21
-
2,963
-
-
-
5
-
-
-
-
-
-
-
-
608
-
-
-
-
10,255
634
~~===~~
A2 Asset and investment sales,
(see table).
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
10,255
-
-
10,255
634
~~——————~~
A3 Payments
VENUE HIRE,PR & TECH FEES
187
-
-
187
-
ARTISTS FEES
2,103
-
-
2,103
-
ARTISTS T&S
67
-
-
67
-
INSURANCES
158
-
-
158
417
OTHER/WEBSITE COSTS
-
-
-
-
-
Marketing& Printing
65
-
-
65
0
Bank Charges
-
-
-
-
23
-
-
-
-
-
-
-
-
-
-
Sub total 2,580
-
-
2,580
440
~~22-5~~
A4 Asset and investment
purchases, (see table)
-
-
-
-
Sub total -
-
-
-
-
Total payments
2,580
-
-
2,580
440
~~———————~~
Net of receipts/(payments)
7,676
-
-
7,676
194
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
6,986
- -
6,986
6,792
Cash funds this year end
14,662
-
- 14,662
6,986
Section B Statement of assets and liabilities at the end of the period
~~—_~~
194
-
6,792
6,986
Unrestricted
Restricted funds
Endowment
Categories
Details
funds
funds
to nearest £
to nearest £
to nearest £
14,662
-
-
-
-
-
-
-
-
14,662
-
-
BANK ACCOUNT
Petty Cash
B1 Cash funds
Total cash funds
~~<==~~
(agree balances with receipts and payments account(s)) OK
OK
OK

CC Reg# 1170299

21/08/2024

1

Unrestricted Restricted funds Endowment funds funds Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets - - - - - - - - - - - - - - - - - - ~~—=—=~~ Fund to which asset Current value Cost (optional) Details belongs (optional) B3 Investment assets - - - - - - - - - - ~~ne~~ Fund to which asset Current value Cost (optional) Details belongs (optional) B4 Assets retained for the - - charity’s own use - - - - - - - - - - - - - - - - ~~ese~~ Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities - - - - - Signed by one or two trustees on behalf of all the trustees Signature Print Name Date of approval ATUL PATEL, TREASURER 26-Jun-24_ ~~——~~ 2 21/08/2024

CC Reg# 1170299