Charity registration number.. 1180658 Superstar Arts CIO Annudl Repurt and I'inancidl Staternents for the Ycar Ended 31 DeccmbcT 2024 Hod%oii & Co Wiston Iloi I Wi5ton Aveiiue Wllrthin BN14 7QL
Superstar Arts CIO Reference and Administrative Dctaiis Trustee$ C R Nuble -[ J Hai'l A l) R Diikin$(>ii M J Tzylor K J3urke Principal 01¢¢ 61 Kingsl8nd Road Wesi Sus5CX BN149ED Charitv Registration Number IlbUb5 Independent Ex#rniner Ho(l%on & Co Wisron House I Wision Avenue WonlJin8 We.41 Su&sex BN14 7QL pge I
Superstar Arts CIO Trustees, Report The Irusiees of Supersiar Art% CIO pre%eni Iheir annu4?I repon foi. Ihe year eDd¢d 31 DeL¢nibcr 2024. Supersiar Arts CIO iq dedicated Ei) %iiPPOrtin¥ Jdulls wilh le3minb disahililieq io enbiJsiL' Iii a wide dri &nd w'orkcd based leaming projects, fositriiig crealii'ity. confidencc. and comrnunity iiiclusion. This year lias been iiiarked by si¥iiifiiaiil ULlii¥v¥iii¥iilS. Iiew pariii¢Fsli¢p8. aiid Ili¢ conlii)ued 8rowih ot'our servicLs and irnpacl. Strueture. gov¢rngn¢¢ and man9gement N4ture ofgoverniNg ilocunienl Superstdr Arts is a chtable In¢uFpurat¢d Oryinisdlioii ICIOI and was coijveried froni a Coinlnuwty Intcrest Company ICICI in 2018. Our charity thumber 1.% 1180658_ Thu board has tlie powei. 10 appoint additional iru51ee5 a5 It consider5 fit to do so. Nvne of lh¢ tIUStt¢s has any beneficial lilrei in Ilie Lh2rily. Indué'lion oNd¥roiniNg oftruslees Pulellliiil ttUSTces 5¢1¢Ltd vn Ihe bdsis vf Ih¢ir p¢[sol qualities, collunilmenl and faniiliarity with the issues involved. New Irusiees arc made faimiliar willi ihe charitv Vi5Eon, op¢raiion and goa15 by dialogue with existirt8 perbonncl and provi4ion lirerdiurL' pindiiiin¥k IL) ¢harily activity. AII tN%te&s are alreadv familiar with ihe pra¢ti¢al work of the charity. New Ims1$ encoura8ed 10 aiiend all Inanabyeineni LL)rnill1cL nieeiinbTS. Shc?FE IFdllllllbF %L%lVllS lif Irquir) Iv faiTiiliurisL Ii¢M lThsiecs with IhL chaTITy and ihe contexi wiihin which it operates are provided inienially. Supcrsiai" Art< wclcoiiied Lucy Keefte as a netv trustee in April 9024. Lucy resigned in January ?025 due to family and oiher coinrnilinenls. GoveiJttitLeond P¥rfiter%hip. Supersiai. Ans LIO continues 10 benefii froin siron8 bTroveiManc¢ aiid collabDI'aiive pannerships. Our inN'olvenicni in tlic W()ril)in¥ A(IuT C'viinc¢l.% parinLr%hip li&% ¥ndblLd us 10 SLXUI'e a ihrcL-yLar L(?nirnii willi Wcsl Su.KLX Couniy Council IWSCCI Lifelong Scrvicts, Lll5urinE the susiginability and gTOWth ot-uui. services. Thc expertise of oui. partncrs. particullY in legtal dnd LontraLt In(ttILrs. lias b¢¢n invaluabl¢. The Lhdiity trustL'CS dTe i"espoiisible foi the ¥wierdl ¥untrol and manaR¢nieni of the Charity, howev¢r ro en$ure smooih Thniiingy ufday iu ddy seri'ice5, deleqaie 10 CEO Joaune SLillivan aiid Sei'viLL ManabTLr Lloyd Davies wlio havc the riyuired knowledgc and skills to makc opcraiional dlsiOnS. All niajor stwctural cliange% arc presciited to tlie trustccs tor approval. As SUr5thr Arts lias a ¢onirdCI willi West Sussex Couniy Council IIVSCCI as dn dPPI'OVLd Day Stiwice provider, Ihc nidnd¥trs u¥c their cxpcrt knowlcdgc 10 suppon leamiiig disabled adults, ljajsjiiu willi %ocial worke. pareiils uiid carers. Pa¥e 2
Superstar Arts CIO Trustees, Report RespuN.sibililie5 ofilie Mqiiuger,¥ TimetsbliiikT aciivIIiE5 and providing appTopriaie conleni ihai Itiifils EtrsoTr cenlred creative and work-bad activitics. including rLview.s diid pldnnin¥. Financial planning and day 10 day Ink)na¥emenL community. Nqana8ing giaff and volunteers, cnsiiring they are contorniing to approved 'ork practices and are aware ot the vuln¢rJble nature ot service users. ManabNinbT any sdfv¥u#r(fin&, h¥#lth & bafffly ur oiher coiicerns Ihat may arise RcponiDg to tru$ie¢s quartcrly z5 well a% Working wilh Ih¢in on i%sue5 relaiing to their $pe¢ifie .spccialism. R¢vi•vs wilh social workcTparIs1earCrs. Overseeing day tv duy L)pLraiiun vf 5ervicc ReLruiiing serviLe users VIJ SOLial sei"viies Iv ensure maximum possièle ftt inLY)me ljndertaking staff siipervisions and appi?isal% ineluding pastoral %upport RccruiiinFJinreivicwing poicnlial siatl. 4 ReLruilinb7 and sup¢rvisinbT v()lunlE¢TS Wriiin¥ grani applicdiions & oi%anising fuiidrnisinb) aciiviiies l.iai8iii8 ivilb WSCC ColnrnissioninPlircha£inslCoImunIlY TeaM¥(Kial workerOplacen]¢nl teams Fnsuring uuinplianLL w'iih the temis vf cvnirarls. Aiiendtnb WSCC arke1 Enb7&gLn¥ni Events regwtirdinb? I"¢Lvmtni%siuninb* servILE Nqanaging service requtrernenis . hlceiin¥ with Worthin¥ AduT Conn¢Lls IW ACI parn¢ FErrin¥ Country C¢ntre, Guild¢Jre and Wvrthing Mcocilp. Nqainiainin¥ and mDniiorin¥ of Pdymll and stdl'fcunlraLI<. EngogiKg in community collaboraiions Truste¢5 and officers riic Iruslees and ofiicers serving during the year and since the year ciid were as follows.. TNsiees', C R Noble TJHart A D R Dickinson M J Tdylur L KctffL IdppvinlLd 15 April 2024 dnd rcsigncd 19 January 20251 K Burke lappoinicd ¥ April 20251 Pase 3
Superstar Arts CIO Tru$teel Repnrt Objectives and aclivÉties Objt'LYS T() promvie solial inLIubion for Ilie piibliL benefii by preveiiiing people with leaming Ili%abiliiie% froin becorning yocially excluded. Kelievin¥ the needs ol any such peoplL who are socially cxelud¢i1 and it%s1siing Ihein lo Integrate iiilo ¥iiciely, paniLularly bui iivi exLILisively by the provision of.. I I I cdu¢ation in th¢ drt.%, {21 recrealional faLililies and Lipporiuniiie5. dnd (31 %vork hdsed l¥dmiii¥ dttd dLlivilie% ObjeL'iive.s,-sirot¢gi¢.1 4¢1iviiié.I In thi8 fiiiancial year Slipersr plrt8 adapted well with oiigoinbi ¢112ngcs & coniinued to provide impurtartt LtL'dtJvL' Jnd woik based l¢aminbT vppvnunilics fL)r adulib with l¢dminb diSdbJlitics. It is our mission to.. Deliver iniiovaiive. expressive & artistic experiences. as well ag work-based learning aiid social opporniiities fo¥ Uiili%e voluiiieers who are an iinportanl resource in deliirering proje¢is and actiiitie%. Volunl¢er5 give their lime frccly but are eligiblc foT Tcmuncration of c0515 incurrcd foi. ITavellfood ct¢. The stalTigi ratio we air tuiided loi does noi always alloiv for the suppt>n needLd tor scrvice LlScrs io eii¥age fully in scs%ions. Voluntccr5 play an imponani rol¢ in providing a(Jdilional.%uppon for 8e%5ions & social evenl.g. U%e LoinnierLidl JLlivilies. ¥rdnt applications and liiiidi'aisinbk opwniinTlIL% 10 wc>rk IL)wdrdi fiiidnLial %eLuriiy. This It)elude iDeotnÈ ¥enerited froin our onliiie £hop. cotfi* bar. ch21.iiy qhop aTKi garden. Adapi and review uftei ID tlie li6hi vl. LhJnbT¥S in adLilI dJ}' services, speLitILally lu expdnd the 'work based learning. empliasis of service user's experience. This will be achjeved mainly by pi'oviding tiiining and praciicJl work cxpcriencc irt: designing and printing Superstar producis in our d¢signatcd Print Studio, our ¢oHee shop. chai'iiy %hup. ¥aTdenin¥ prujeLI aiid in Ilie opeTalioii of oiir onlinc 41iop. Ln&blc aduli% wtih leatniii4 disiibiliiies 10 explore soLiJI emotiondl in li Pobltive. cr¢alive way. Proviije Lreaiive i)pporiunili¢S f01. adiilis willi learning disabiliiiLS lo Jevelvp Iheir om'n ideas and response$ 10 ditY¥r¢ht Idc¥.s and %ituaiioii Pruimute the heJlih, well-beinb) tind enLuuiJge serviLe users 10 be independeni possible. whilst sidyinbl S[¢. Flelp people devel(>p friendsliips, itnprove .s()cial skills and grow po4itiv¢, productive rclationships Ihat ivill Provide suppon Pdnieularly through ¢hallenging limes. Qrcal¢ litikq wilh local 8roiips aiid organi%atioiis 10 promLlte pisitive imabies Or0P1e with ltyarninbw disabililies. Page 4
Superstar Arts CIO Trustees, Report Achievernents and p¢rltsrm#n¢e Monthly Ilei'icw of Activitie.4 aiid Achiev¢Tn¢nts January 2024 Wc held 11)e tirsi me¢iingi w'illi iend¢r writing panners Ferring Country Cenire. Guildcarc. and Worthirtg Mencap to begin Ihc applicaiiDn proc¢55 for rlie West Sussex Couniy Council IWSCCI Loi I contrdct as part of the Worthiiig Adiir Conne¢15 IIIIACI pJNnLIEhip. rcbruary 2V24 KLY Sidff ijicii115 Ll)IIIFilV.d fiTs1 Aid irdilllTlb el)hoIiLillb safciy for 11 5cfvicL users. • D¢liveied a presL'nialion io th¢ Wonien'% Inglilute. iaising awarcncss of Olir werk. Su¢LLssfully Submitted the IITSCC Lot I tindLI' as pan of W.QC on 291h February. Mairh 2024 Ho8iL,d our 'Flord und Fauna" therned exliibilioii at Ci>loi)nad¢ HuLise I I1- 17 March). showc&%ing (he i&leiil.% of ovr %cr¥'ict I1L'r¥_ Fl'atuied on The BBC'5 .818 G£iy Wedding" TV progr4in)m¢ celebrating Adain and Dani¢l'5 Iveddin& LaunLh¢d new ¢oll&bor&iive designs I'l ,kni What l n, and 'Loye Is Love") as part of thi% event protnoled by .4dam & Ddniel Lin Iheii. sviial media pages. April 2024 Hild # TrustLL Mee11ng un I I Ili April. * Welcoiiied Wendy klarratt, Sky Arts. Portr&it Arttsl of thc Ycar, for an inspiring visii. May 2024 Trusiecs met to discuss th¢ itPUTposing of th¢ charity Shop inro rhe SSA Shop and lo give rtolice on tli¢ siu(lio Cvmmented the redundancy proc¢ss for Abigail Corcoran. our shop m2na8er, as PaTt of ihe shop's transiiion. Organised a 'Siipcr%lar Singcrs choir oonccri aTrd a fiiiidraisinu t¢1 #t F¢nJaiidos. Staff Kiran and Ellic attcndcd hcalth and wcllbeing training. Submiiied an appliiati()n l(1 the PostLode Louery for n¥0 new sheds for rhe garden in rear of the prini srudto properly. H¢ld meetings with WAC partncr5 and WSCC cotDniissioncrs to prcparc for rhc mubilisation vf Ihc llew conwdcL June 2024 Closcd the shop for refurbi5111nenl,' Indnag¢r Abigiiil's employm¢nt Cndcd al the end ofjune 2024. Coniinued meetings ivitli WAC partllers and WSCC conimi&sioncrs in prcpardiioii for the new. contract stirting I st July. Won 'Charily ofihe Year" lL the WortliinbTr Communiiy Awards. Hosicd Ihe SSA Sunirncr Piirty and a Pridc Party. both %ucc¢ssful communiiy fundraising cvcn Page 5
Superslar Arts CIO Trustees, Report Jiily 2U24 FLrriiigT Counirv Ccnire placed d SlbinifiLJnily lar¥¢ Drder flir our piDducts. lo scll in their on sile shop. lo 11¢¢1 ih¢ 8rowiiig den)and ftsr OUT IeTChandiSe. • Begkan slOLkiiik pois and ¢drJb at a luLal tIoTiSI aRd initiated di$LU55ion$ wilh a galler), owner in Ferriiig. 'Duke Str¢¢i D¢ntal Ccnire. iii E3ribhTort Contactcd a5 th¢y w¢rc Jni¢resi¢d in dip1&yrS ond o¢llirJs art. Out work is now ditsplaycd with QR ¢5 50 ¥li¢il(i ¥aii vid¢1 IlJ¥iJi viiljiiv. Au¥u%l 2024 Eilb?db?e¢J HR ioillvdlly 'AspiTlIlb HR, lu upddiL' dll biarrLuiiiraLts, policii'%, pTuL¥durL. and joh de*cTipiionq. This tvork will continu¢d uiilil the end of October, after which ,Ispirin¥ HR will pi'ovidL 01180inB %upporE ab need¢d. September 2024 Succcsslully con)plciL.d IhL. fiist 4uail¥T unJ¢r Ihc D¥W WSCC conlract as pan of ihe WorthLllbT Adur Connccts prtnership. Rcsolvcd iniiial disagrcements 1th WSCC I'egarding ih¢ new ¢onlracl. with invaluable suppon frutn GuildLt and FerringT'5 Icgal IcaiM%, Entered intu a Co-operation Agrenent with WAC panners. Began subinitring quartcrly rcpons 10 WSCC. inLludinb KPTS 4nd Pciion Cenired Plans The new sliup is perfomiinq wcll, meeting predicted thrb?ei$ prvviJiiigp a wclLoniiJig workspace. Th¢ Oui uf IIouT5 scrvice has been well rcceivcd, wilh Jn¢irdsed aiiLnd¢incL fui (IIIci-PlUjLLI SC55ions and SatUTday mi)rnitt¥ wvrk%licTrp&_ 'Danceailion' fundi'3iser rJis¢d appToxim8tely £1,300. O¢iober 20?4 Tlie IrdIis1livn lu lh¢ nlw Shop Siudio bee]] a Te50undillg sucicss. wilh iiioi)thly inLoin¢ tripling projection%. Divci%ificd pr(Kliici and e%iablished a Tegular cu5tomcr basc,. UP to six diffcrcni scrviee users ulilise the PdLe Lidily. 13 iji Ihe Inorninbl 41]d J ill ili¢ aft¢v(}l . Out of Hours servic¢ aild SatUTdav WOTkshop5 coiitiiiue to be fully bogked. C01npILiied uur fir%1 priniiii¥ ci)IMn15511)n fiiT W()rthinbT KfenLap I 100 iowelsl. l)ariicipaiLd in thL Highdown (iardens Gallery cxliibilion. raisiiiB £360 2nd SLYUI-illg an invitation for Spring 2025. • Roben Sniiili's soLial ii)¢dia 5UPPI)It l¢d t() a.%urg¢ ot i 1.111111 iii onlinL orders. Cornmissioned lo design Ilie fionieover tor t)ecember s Inside Mawine. A local Wurtliing niayazine. Ni)v¢znbLr 2024 * The Winier Market and Choir Siancrs concen Iwiih seTh'ice llser parti¢ipaiionl raiscd £1,400. Coininissioiicd by VPI EIiLtgy C(Tr11)pany iv d¢si&Tn and prini C-linsifflas cards for Ilicir powLr siaiions. gcncnling £l.O(K> in iiicoine. Launclicd a n¥w range of Christmag caTdE and"Mi84 Mash" d¢sibn t shirts, whJ'¥h prov¢d v¢ry pvpulaT. De¢¢mb¢r 2024 Ci)minis%Loni i(1 LrL'atc Tlic C'nrnLr House Chi'i%lllla% Wlliduw di%pldy. Thc"Cdrol% round the Piano" event ai Tlic CornLrhouqc 011 23rd December raised £880. Our Chrislmils LOll¢ert. pJriy. Jiid T4ffle5 IJ15L(J JPproximlIcIY £500. Succcsstully conipleicd a tlirec-monih projcct with Aspiring FIR. resulijng in iipdated stBff conirae19, job descriptions. alld p31ieies. P2bie 6
Superstar Arts CIO Trustees, Report Financial review Policy oil reseTVCS The {"'hArity C.nMTni7fi advige.% thai il iq good prdciTce In hiTrld six mthllih* re%er¥e%. We have ehi)%en In airn fnr this as a long goal. in ordeT 10 prokide a 6 nwnih grace pei'iod if we should need to 'ind doivn the charity. We have incrca%cd OUT Boal from 4 month5 10 6 Tnonilis in urd¢r 10 refleci our as J tjay s¢rvi¢¢ Jn(l in(aSEd financial %pon%ibilitio& lrnoro rtaff, mor¢ S¢TViC¢ uscrs cli3Tittr sliop aiid ¢oft¢¢ barl. Superstar Atts runniii¥ Lusts arc approxtmalely l28,(M)U per month. therefore our reserves tar¥el I 1168.OOU. At 31 Deceinbtr 2024 the free rescrvcs w¢rc £63,439 wliich rcprc%cnL8 2 moniKs running cosis. Tk chariry aims 10 inireasL Ilic Icvul Of frcti rnscrvcJ QV¢T Ihr ncxl 12 11)ynths. In)'e.Flmenlpoliry &ndobjective.s -I'he (IbjeLi8 ofihe Lotnpdny dulhdl'lsc it 10 Illveyt and deal witli tnoneys ImiiLdi8icly requircd for Itts purpuses In nd UPOD such investments seturitieg and PTopcrry.Tr% may he thoughi fit. PlaD5 for future periods AttiviTre.sploniiedio ocliieve 4iiii, 2024 hag beeii a year ot'li'anslonnalion, 8roivtli, celebraiion for Siiperslar Alls CIO. We are graieful 10 OUT Staff. voluntCCFS, Partners. and supporters for Iheii. dLdicJtion and crihusidsin. With ncw ¢oniTa¢is, expand¢d service5. and vibrani coimiiiunilyy we Ivok lornvard lo building on tlJi4 )ear'5 SUCLesseq iii 2025. Goin¥ c(knrcrn Tliere are no rnalerial uncertaiiitieg aboiil ilie cliarily's ability to coniinLIC. The IrLTblLLS have a rea%onable expectation thai ilic Lharilj will Loniinue in opernlional exisience for the foreseeable tur¢. Th¢ tinancial 5taieincnts Iiave Iherefore b¢¢n prcparcd on a going conccrn basis. Ackrtowltdgtments Tlie 'frusiees would like 10 thllllk everyvnr ivh(I has conlribulLd io our aLhicveineDi% this year. includingw OUT %ial'r. volunrccrs, 5eTvi¢e Piinfteis, suppoiier5. Your cDniiniiTneni enable5 U5 10 cotLtinuL eiiipowcring adults with leaming disahi1itie Ihraugh Ihe art%. The annual pOrt was approved by the Irusl¢¢s ot the chanty on...... and S1cd on Ils behall by.. A D R Dickinson 'rruslte MJ'r Tru%lee Tru%teL Page 7
Superstsr Arts CIO
Independent Examiner's Report to the trustees of Superstar Arts CIO
I repott ro ihe chaiiiy INsiees on my examination of thc dccounts ol thc Cbarity for the year ended 31 December
2U24.
ResP0115ibilities gnd basis Ibf r¢poM
A% Ihe Lhdrily IrLislees of SupersiJr Aris YOLI are resptsn%iblL lor the prepardtion ofihe accounis in accordance with
the requiremeiils of rhe Chai'i¢ics Act 2011 l-the Aci'l.
I report in respect ot iiiy examination of your chariry's account% as carried out undcr 5cclion 145 of the Charilies Act
201J I'ihe 2011 Aci'l. In can)'ing our my cxaminaiioll I havc followcd Ilie Dircciions &Ven by ihe Churiiy
nnnirni
Superstar Arts CIO Statement of Financial Aetivitics lor the Year Ended 31 December 2024 Unresiricted funds Re5tri¢ttd funds Tot¥l 2024 Not¢ Income and Endo*ments from.. Donaiiun4 diid lebydcie Chariiable aciiviiies Oiher Irading dciiviiies 31,316 267,424 46,606 31.386 167,424 46.606 Toial iiiconie 345,416 345,416 Expenditure on: Rai5illgy funds Charitable a¢iivities Qiher expendiiure 16331 1731,3251 16,096) 16.11) 1338,7291 16,6961 17.4D41 Tot41 ¢xp¢ndiiur¢ 1.138,654) 7 4a41 6,762 {7.4041 18681 346,058) Nei incom&le.xyendilurel Tratssf¢T5 between fiinds 1642) Nei mvv¢rn¢ni in funds 7,630 {82721 1642) Reconciliation of lund$ Toial fuiids. broughi forwdrd ToLqI tllnds ¢arriLd ftirward 55,809 8,272 64,081 63,43Y 63.439 'rhe note5 Qn pagcs 12 to 25 fonm an inicgr)I pa11 of th¢s¢ financial %titlciiicnt& Pab)e 9
Superstar Art5 CIO Statcmcnt of Financial A¢tivitl¢s for the Year Ended 31 Dcccmbcr 2024 iinrestritied funds Re$tritted fwnds Ttal 202.1 InLOffl¢ #nd Elld(iiimcn15 froM- Doiiativn4 and leyci¢5 22,813 200,%56 57,963 14,363 37,176 200,556 57,963 Other trading activities Tvldl income 281,332 14,)63 295.695 Expendlture Raising fullds Chariiablc activities Oiher expendilure 1327,7191 16,4421 16.7591 1334.4781 6.44? T(iial L¥Snditure 1335,1221 16,7591 -341.881 Nei l¢KpendiiuiEllineome Tnnsfers between fiind 153.7901 14,033 7,604 (14.0331 146.1861 Net movemeiii in funds 139,7571 (6.4291 146.186) Reconciliation of funds Toial funds broitbiht lorward 'rolal I'iinds carriLd lOard 95.566 14.701 I la.267 5),809 8,272 64,081 All ot Ihc charity's aeiiviiies derive from continuiiig 0.ratIn5 during th¢ alK)ve two PCTIDds. The funds breakdown for 7023 Is sliown in noie 18. The nota% on puges 12 to 25 tomi an ini¢gral pgrt of thtte financial 8ialetiienis. Pit¥r 10
Superstar Arts CIO (Registration number: l 1806$8 } Balancc Shcct as at 31 December 2024 21)24 2023 Iyoie rix¢d a55rt5 Tangibl¢ asseis 172U4 22.012 Current 9ssets Stock5 Debtors I,Iboo 205 62.055 1,000 29? 86.745 15 Cash ai blink diid in hand 63,860 88,037 Creditors: Amounts falling due within One vear 17,6251 145,9681 Net current assets 46.235 42,069 Net assets 63,439 64.081 Funds of Ihe chority: Restrleted income funds Rcstricled fLind% Ix 8.273 Unresiricled iniome funds li3.43 55.808 Ttal funds 64.081 The finsn¢ial stat¢m¢nis on pages 9 to 25 were appwved by tIiE trustees. and auihoTis¢d for issue on and 5ioncd oi) Ihcir bLliaifby'. R Ni?blL LLJc_ .rkJO0, A D R L)Tckinson TTU5tte Tay Trustec or The n(tt¥s on pages 12 to 25 form an integrnl part of Ihcs¢ fin8ncial stalctnenis. PIble I I
Superstar Arls CIO Notes to the financial Statements for the Year Ended 31 December 2024 I Charity S(#tus Th¢ Cliarity Ts A ChAriiablc Incorpoi?Icd Organi5arion ICIOI and consequciitly does not liave a share capiLqI. "I he addL'e#% of It% registered office is.. 61 Kiiigslaiid Road Worihiiis WLst Sussex BN149ED 2 A¢¢ounting poli¢ie$ Summary of SignificTrt accounting pDlieie5 kev 4ccounting estimates -I'he principal dCLiiiiniin8 poIiLILq appliLd in IhL pfLparatinn DI- IliL%L fTrM&ncial %tatemcnts are sel oui below. These policies have been consislwtly applied io all the year5 presented. unless otherwise 5taied. Statement of compliance 'rhe financial si&ieinent% have been PTepared in ttctordancL Wlth rhe sLcoiid cdilion of ihe Chariiies Sialenieni L)f RLL()mmeTided PraciiLe i%.%iied iii OLlubLr 2019. Ilie F?naiiital Reportin qlandard .?pplicqhlE in the iiiiiied Kiiig(Ir)rn and Republic Df Irelaiid IFRS 1021 and tlie Lharirics Act ?01 l. Ba8is ofprepgr9tion Supe1#r Art% CIO Ineeis the detiniiion of a public benefit enliry under FRS 102. Asqei% and liabilities are initially recugnise¢J dl hislL>rJLal Lobt ur iransaLiion value uiilisy L)IhLrwibe slated in lh# r¥l¥vani d¢¢ounlin¥ policy noles. Guing Loncer ThL IruslLL.% iunsidLr Ihai IliLre aTe no Inal¥rial iiiiLurtalllliLs abuLlt Ihe charity's ahilily 10 coiilinue ¥i)in¥ concern t)or aiiy significani area% of uncerrainty rhat affect rhe carying value of assets held bj Ihe charitv. The In151LLS have o rcasonable c.¥pL'ciaiion Ihui Ihc Lharily will coniiniic iii opLrdi1oal <xisiL'ncc for tlie foTC5Eeabl¢ fUre. Thc fiiiancial 5tat¢niciits hav¢ tli¢r¢forc b¢eii prcpai-cd oil a soili¥ ¢onc¢rn bas15. IDcome and eidowments All inconic 15 rccogniscd oiicc ihc chariry ha5 Ctjriilcnicni to ihc income, it 15 probable thai ihe income will be reLeived cind Ilie IlillOEinl of the income reLeivthble ian be measured reliably Donation5 aTC I"c£ogiiised when the charily h3% been nolilied in ThTilins of boih IhE arnOnt and Settlement date. In Ihts Lvl'ni Ihal a duT)aiii)n ib %ubjecl l() Loiiditiuns Ih41 rcquire a levcl of ptTforrnaiiLL by Ihe Lh8rsiy before the eh2rily 1% eniitled 10 Ihe funds, Ihe in¢oine is def¢Fred diid noi retognised unlil either those Conditions are fully mei. or the fulfilrn¢iil Df Iliuse LondilioD5 is wholly wiiliin th¢ control ot the chaiity Jnd il ig probubl: Ihat these Londilioiis will be fulfilled in the reporting period. Pa¥e 12
Superstar Arts CIO Iyotes to th¢ Financial Statements for th¢ Year Ended 31 December 2024 Gruiii.¥ receiv(4blé Grdnls are reLiignised when the charity h#s an eniiilernenl 10 the liinds dnd any ioiiditjQD% linked li) Ili¢ ¥rai)l% h(IV¢ bc¢n tncr. Whcrc pcrfomiance condttions arc ariachcd to the grani and arc yct io be rn¢t. Ihe income is re¢ogttised as a lidbilily dnd IiiLluded c)n Ihe balanLe 4heet defened InLI)Ine lu be relea%ed. Deferrediiiconie Dcfcn'cd inLumL' rcpresenls amounls r¢Leived foi. fiIluTC pci'iod5 and is released IL) incoming rcsollrLC$ in the pLriod IOT whicli. li has been received. SLILh InLorne is only deferred ivhen.. The donor specifies Ihai Ihe grai)i or donation musl only be used in fiilure accountiiig periods.. or hc donor ha5 Jn)posed conditions which miist be met beforc Ihc chariiy has uncondilional ¢ntillenieiii. Expenditure All expendimre is retogttised once there 1£ a Icgal or constnLCliVC obliby2rion io Ih?i exptndilurt, il is probable seiiieinent 18 requirLd and ihL amouni Lan b¢ mea.4ureii reli<ibly. All cos18 are all(Laled lo Ihe dppliLable expLndiiur¢ h¢adiiig thar aggregatc siinilar co.sts to Ihal category. WhL'rL LO1 Lannoi be dirccily aiiributcd to pariiculaT he3din¥s they have been alloeaicd on a basis Lonsisicnt wilh thc usc of rcsourc¢s, with Lentral sraff costs alloeaied on ihe basi% of lime spent, and depreci#iioTr eharge% allated oil ihe poriiL)n of Ihe a%s¢i's 115e. Uther 5iipporl cost% are allo¢ate(l trdsed on the spirad vf siaft-eosis. Rai5ingfitHds -I'hest are costs incurred iii diiraclin&¥ vtsluniary income, lh¢ management of- invE%t1¢1lls and th05e in¢urrcd iii Ipading ?ctiyitie5 thgt rai£c tunds. Charit4ble octivilies Lhariiablc expendiiure compri8es Ih05e co%t% incurrcd by tbc charity in thc dcliv¢ry of its acliviiics and services foT I15 bcneficiaries. li include% boih Losis ihai be (Ill()¢aied dirLLIIy To $ueh aciiviiic5 Ihoqe eosis of an indir¢cl namrc n¢cessary to support th¢in. Support Costs Suppon co%is inLlude CLntrdl funciion% dnd have be¢n allucaled lo activity cosi catcgories on a b3%is consi5tenl with thc usc Df resoiirces. for exainple. allocaring pi-OPL'rfy cusls by fl()or areas. or per CdPItJ. 51aff ¢O*l¥ by th¢ iiine spertl and other costs by their usgge. Governante eost5 These include the coRl% allTibuiablE to IhL Lharity s compliance wtth con51itutioiial and 5tstutory reouirenienis, inLludinbJ audil, siraie¥TiL man&bMe1)I and IrusleL'S mL'LIiii¥s dnd rLiinbiirsed expen&¢i. Goi'ernrnemt grgnts Government bprants are reco¥niscd based vn Ilie £iCLfLial Mje1 aiid are measurcd ai ihL faiT valuc of the 2ssei received or receii'able. Grants are classified as relalin&T either to Iterte oi. io as%cis. Grants relating to revenue are IrLu¥iij)d iii iiiiuiiir vvri Ilir lIVE1 iii wliiLlI tlir IElaicd LuStJ art T¢co¥nised. Grants rclating 10 asset9 are Tc¢Dgnised over thc expc¢i¢d u5etul lile ol. the as5cI. Wl)crc part ol. a grani r¢laiing lo an &s5ci is deferrcd, It is rL'cDgnis¢d as dotcrrcd incoinc. Pa¥¢ 13
Superstar Arts CIO Notes to the Financial Statements for the Year Ended 31 December 2024 Taxatio The cl)ariN is considered 10 pass the iesig sei oiil in Prn¥nph I Schedule 6 of the Financc Act ?010 and thcrcfore it In¢Cl4 IIIL dLtiiiilic?n of charitabl¢ cnii)paiiy tor UK COorali0n lax piirposcs. ALLordiDglv, the chariiy 1% potenlially exempi fri)m iaxaiicjn in rtiptct nf intomt or thpital ¥&in4 reteivtd within categories covered by Ch4Lpler 3 Pan I of rht Corpurdlion Tax ALI 2010 OT Section 256 of the Taxlltion of Chargrdble Gains ALI 1992. to Ilie extent rIt such incoiiie ur giiins are dpplied exclusively to cliarilable purposes. Tangible fixed assets Indiv)dual fiA¢d a5SCt5 W5ting £IOQ.00 OT more are initially record¢d al cost. Deprociation and amortisation Dcprcciaiion is provided on taD¥ibl¢ fixed as%et.% %0 a% t(¥ write off the ¢o%i or valuation, Icss any estimaicd rcsidual valiiL, over Iheir cxpecied useful eLonomiL life as follows.. Asset class Plaiit and machinery Depreciation method and rate 0er4 years 150/11 TrdiiLin¥ balance bctween 2 and 5 yeaES OffiLe quipincnt Stock SiLKk is valuvd ai rhL lowcr of c05r and cs111¢d sl'lling pricL Ics5 CU5rs 10 complEt¢ Jnd wll. aftci. due regard for Trade dcbtors Trade debior5 dre arnounL% due froni Lu%lomers for IiieTLhandi%e sold or SCfvice5 perfonned in ihe ordiiiitry course of bu11ns. Trade deb1015 are Tecognised initially at the transaction PTice. Thev are Subsequently rncasured al aniortiscd co%L Iisinby Ihc ¢ffLLlive TnleTes1 Ineiliod. le$s provisiuii for itnpaimi¢nt. A provision for ihe impaimi¢nl of ii'ad¢ d¢biors is esiabli%hcd wlien Iheiy Ib vbjL'clive evidence tlial tlie cliurily will not be able to collect all aniounls due accordin8 to tho origingl t¢nns of th¢ receivables. Ca4h nd eash equiialents CJsh and Lash eqiiivalenis ¢ompris¢ vash on lJand and ull d¢posits. and other short-tem) highly liquid invcsimcnls thai are readily convertible 10 a known #mount of cash and are subject to an 11)Si8iiificanl risk of ¢liange In value. Page 14
Superstar Arts CIO Notes to the Financial Statements Cor the Year Ended 31 D¢¢embcr 2024 Trade creditorg Trade ¢reditois #re obli8gtions to pay for goods or s¢rvic¢s th8t hav¢ b¢cii acguired ii) Ihc ordinary course of bii&iiies% froiii suppli¢rs. Aicoiiiils paydE?le dre Llu%%ifiLd d5 lUen1 lidbililics if lh¢ ¢haiiiy does noi liavc an uiicojidiiional i'iglil, ai Ili¢ rIi(J vf lh¢ F¥puiiillK PLI'iud, iu def¢r s¢ttlemcnt of tht cr¢ditoi tor at least Iwelvc niunrhs aftcr the rcponing datc. If Ilicr¢ is an unionditional rib7ht to dcfer settlcmcnt for at least twelNt rnonths after the reporting date, Ihey are PTe5ented as non-current liabilities. Trade crcdiiors are recobinised Inilidlly at thc transaclion price aiid sub%cquenily measured dl amonised cosl usin Ihc effe¢tiv¢ intcresi rncihod. Borrowings Inier¢si-bLaring bl)QWIng5 arc initially rccorded at fair valu¢, net vf trJn%J¢iioD ¢051s. Intcre5t-bcaring botrowingys TL %ubb-¢qu¢nily 14rriLd at uinvniscd Lvsl, witli ilie dilTerenie beiw¢¢ii th¢ Protyttds, nel of tran5aciiDn costs, an(1 Ilie amouiil due on red¢IptIOi7 bcing rccogniscd as a charge 10 th¢ Statement of finaiicial Aclivities over the p¢riod or Ih¥ r¢levant bui-ri)win¥. IntLJrst cxpcn5c is Iccogni5cd on the basis of Ihc ¢ffe¢(iv¢ iniLresi meihod and 15 includcd in inlcr¢51 payablc and siinildr chdles. Borr()wing% ar¢ Lla%%ifIed as Lurrenl liabilitie5 uiiless IhL chariiy lias an uncondiiional right kn dcfcr 5etilcmcnl of the liability for ar least rnvelve n)oiiths after the Teporting date. Foreign exchanRe TrdIlSdvliun% in fureibpn ¥utr¢n¢i¢% yrc t¢cvr(Icd at tlie rdl¢ of cxchange ai the dale of thc tTansa¢tion. Monetury 0%sers and liabililiLs Jciit>ininuicd in forci¥n 4urrLn¢i¢s al Ill balanLi sh¢¢1 dule are repL)rled ol ihe rates of exLhange prcvailing ai thai dat¢. -rhe Irsii115 of overseas operations are Iranslaied ai Ilie avcra8t r21e.4 thf exchange during Ihe period and Iheir balance 5h¢e15 ai thL' ratc5 ruling at ihe balancc slieci daiL. ExLliangL diCf¢N'n¢¢8 JTi%in¥ on tran%larion of Ihe opcning ncr a$s¢15 and rvulis of Iiv¢rs¢as operdliDns are reporled in oiher Loiiiprehen51v¢ InLom¢ and dLcumulai¢d iii equity Idttriburcd io non-controlling interc%is as appropriaicl. Other exchange ditTerenccs are recognised in Ihe Slaiemeni of FI[nCIal Aclivitics in the period in wliich ihey arise except for. I l exchange dilleTences on ti?nsaclions eniered into to hedg¢ ccrtain foreign currency risks [e above),. 21 cxchaiigc diff¢rences ai'isiiig on gains or losse5 on noii-nionclary iretns ivhich ar¢ r¢cognis¢d in i)Iher ornprehensivc income., 31 in the vasc uf th¢ Lonsi)lidai¢d rtnanLiJl siai¢iMenis. ¢xiliJnge diffei¢nL¢s Lin monetary iieins rLcivable from or P5Jy21?le to 8 fLireiLpn operatioti for ihle17 5eiilenieRI is neiiher plaiiiied n(Ir likely 10 occur Iiherelore forming part ol. the net invcsiment in the foTeign 0ra110n1, which are re¢ognised in uther comprthensive incornl 8iid rcponcd PaLTe 15
Superstar Arts CIO Notes to the Financial Statements for the Year Ended 31 December 2024 bund structure Unresiricted income funds are generdl fuiids that arc available for ugc It thc tNst¢e5 di5¢reiion in fvrthernnce of the objL'LIIvL.% i>fihc thanly. Regtri¢t¢d Iiieoin¢ funds arc thos¢ don&i¢d for us¢ in a pariiiular ov fpi" spccific PUTPOJ¢J. Ihc usc of which is r¢slrirl¢d 10 ihat ar¢d vr PUTPOSe. Financial in5trumeRts The chaTily oiily has financial a4sel% and Itabiliies of a k'ind tliai 4lldlify b¥siL financidl insinimenis. Basic findnciJl instrument5 are initially recogniscd ar transaction valuc and subscqucnrly iCaured at iheir seiilcmLni valuL wilh tlie LXL¢Ptioii vfbank loJns whicli ar¢ biibs¢qu¢nily [n¢aSu(l alaThorti4td cost usinb Ilie Lffeclive int¢r¢51 nictliod. Page 16
Superstar Arts CIO INotes to the Financial Statements for the Year Ended 31 December 2024 3 In¢orn¢ frorn donations and legacies Unrtstricted funds General Restrieted runds Total runds Doiiations aiid legacies. Siiperfriet]ds Donations from individuals Gift aid reclaimed Grants. including capital grants., Government grants Grants from companies Otl)er inconie from donations and legacies 840 22,905 2,329 840 22,905 2,329 2.670 1,000 1.6Ai 2,670 1,000 1,643 Total for 2024 31,387 31,387 Total for 2023 22,813 14,363 37,176 4 Incorne frorn charitable activities Unrestricted funds Gentral Total funds Courses 267,424 267,424 Total for 2024 267,424 267,424 Total for 2023 200,556 200,i56 Pgge 17
Superstar Arts CIO Notes to the Financial Statements for the Y¢ar Ended 3] December 2024 S Illton from other tradSng actfiwltles Unr¢strict¢d fund5 Gener&1 Tntsl rund$ Tradin8 income.. Sales ufbwoods and services 46,606 46,606 Totgl for 2024 46.6V() 46.606 TotAI for 2023 57,963 57.963 6 Expenditure raising fund$ al Costs ofirading gCtivitÈe5 Unrestricted fu5 General fuDd$ Note Co%t% of goods sold TotAI for 2024 633 633 633 633 Total for 2023 961 961 Page 18
Super51ar Art5 CIO otes to the Fln4nclal Statements for the Year EndL.d 31 December 2024 7 Expellditure OD charitable acttvittes Unresirieted funds Gener81 RestriLted Tot21 fund5 Triote colleS AllvcatLd support Li)sts Gov¢rnan¢e costs 285.353 42,251 3,721 7.404 292.757 42,?51 3,721 Total ffrr 2024 -131.325 7.404 338.729 Total for 2023 327.719 6,759 334.478 In addilion to th¢ cxpcndiliire analyscd 8bok¢, Ih¢rc are J15(i ¥overnance cos15 vf £3.721 12023 £3.4951 which lalc dircctly to chaTitsLblc aclivitics. Scc notc 9 for further dctails. 11 Uiher expenditure Vnre5tri¢trd rulld5 GL?#¢r Total fund5 Note Markdinbl Jnd publicity Oihtr rt%ource% expended 584 6.112 584 Tvt#l ftsr 2024 6.696 6.696 Tut1 fLTrr 2023 6,442 6.442 Pagc 19
Superstar Arts CIO Nntey to the Fin3neial Statements lor the Year EJJOed 31 Deeemher 2n24 9 Analys15 of goi'ernall¢e 8nd support costs Govern#nte to$ts Unrestricted funds General Total ruTrd5 Staff c051S Oih¢r costs Independenl exaniinLT ftcs Exaininaiion of IhL fiiianLial Sidiements Legdl f¢e% 443 443 1.806 1,472 1.806 1.472 Total for 2024 i,721 3.721 Tolal lor 2023 3,49) 3,495 10 Staff costs Tlie aggregate payroll co5 were as follows.. 2024 2023 Staf( cost5 during the year were.. Inslruciors ILes Staff Salaries Othcr saff cosi% 12.627 231.944 443 14.504 217,075 488 245,014 232,067 The mi)nthly avera¥e nuinr of p¢rson8 linLluding scniur rndna8einenl / leader%hip teainl employed by the chai'ity duriiig the ycar exprc%%cd as full lim¢ equiwalcnt.% was as follow%'. 2024 No 21)23 Full Tiine Employees No ¢inpli)y¢e rLc¢ived Liiioluincnls of niorL Ihdii £(iO.ooa durinb* Lhe year. Pabye 20
Superstar Arts CIO Notes to the FinAncial Statements for the Year Ended 31 December 2024 I I Indepettdent eK2m]ner's remuner#tlon 2024 Cx2mination of Ihe linanci81 staiemenLS 1.806 1,650 12 1'gxi)¢ion Th¢ charity is a Teg1%1¢ chariiy and is th¢refoTe ex¢mpr fiDrn iaxarion. 13 Tgnsiblo fixed gs$ots Furniture equipmeDt Motor vehi¢le$ Tolal Cost Al l January 2024 Addilitsns 27,8?0 3,352 5_1.X14 Al 31 Decemb¢r 2024 57.167 DepreerAtion Al l JiiQYdry 2024 Chargc for Ihc ycar At 31 Decenibcr 2024 .-Ivx 31.803 S.160 14.997 Net book value AI 31 DccLmbcr 2024 l O.g98 17.204 Ai 31 DeLeniber 2023 1 (?,497 22.01? 14 Stv¢k 2024 Siocks I,vo 1,000 14 Debtors 2024 21123 PT¢paymeAIS 205 292 Page21
Superstar Arts CIO ,Yotes to the Financial Statements for the Year Ended 31 December 2024 16 Cash and cash equiv%l¢nts 2024 202.1 Cubh Cash ai bank 1.482 61.173 2.706 R4,039 62.655 86.745 PagTe 22
Superstar Arts CIO Notes to the Financial Statements for the Year Ended 31 December 2024 17 Creditors., 8nN)IlDts falling due wlthin year 2024 202.1 TriiJi ircditors Oihcr Itxdtic?n and %vcial secui'ity Tiustee% curreni a¢¢ounis' (hlier ci¢diiois 335 3.128 761) 999 1,734 39.003 20 769 1,427 2,055 13,354 D¢forred incunic 17.1125 45.968 18 B#l#n¢e at Balance ai January 2(b24 Intomtng Resource5 expcnded December 'rrAn$fers 2024 UthrcstTlCtcd ftsnd5 Grfiierul Unresiricted Funds 45.808 345.415 1338,6541 De.sixnul¥d FuluTe Projects K¢5erve Toial unrestrieied fund5 10,vixJ 10.00 55,RO% -145,415 33X,654 87U 63,4.19 R¢sirr¢t¢d fund$ Nalional Loiicry Cuop LvLal C(irninunily Fiind Total re$tricted futtds 15.5981 7.4031 Total funds 64.081 345,415 1346.0571 63,439 Page ?3
Superstar Arts CIO Iyotes lo the Financial Si*tements for the Year Ended.31 December 2024 Balance at 31 De¢emb¢r 2023 Il#lance at I Januar}. Z023 lllcoming re50urce5 Re5011r¢es Èxpended Transfers tiThrestricted Unr¢s¢iicied Funds 85.567 281.332 1335,124 14.033 45.808 esi%n4led FiitUTe Projects Reserve i 0.001 10,OOf) TntAI unrestricted )5.567 ?81..33? 1335,1241 14,03.3 55,80 Rcstriet¢d Susscx Community Ch¢%t National Lottery Coop Local Cutninunity fund B&Q Gardeii Grant Susscx Coiiitnunity Fvundativn Su55ex Masonic Clwilable Trust 17801 (1,3791 {1..1971 13.2011 Y,999 3.202 6,468 1.805 3.201 3.5()U 8,0(M) 13,51H)I 18,0001 Total resirleted 14.701 14.362 16,7571 114.0331 8,?73 'lotal funds 110.268 295,6Y4 64.081 The Specific puryoses for whicli the fund% are to be applied are as follows= National Loittry fund- Printing cxpenditure Coop Local Coinmuniry Fund- GaTdcn cxpcndirure 19 Analysis vf nel asset5 between I'uDds Unrr5trlit¢d funds Gener21 'Jotg1 fund$ at 31 December 2024 Tanbviblc fixed 2bgeis Curreiii as8eis Currenr liabilitics 17,tr04 63.86( 7,(?? j 17,?D4 63,81?0 117.0251 T(Jtal nei asset 63.439 Page 24
Superstar Arts CIO Notes to the Financial Statements for the Year Ended 31 December 2024 Unrestricted funds CieDer#l Total fytlds ai 31 Decetrtber 2023 R¢$tricied fund5 Tanuible fixed a55cIs Currenl assets Current liabilitie5 22.012 79,764 145.96SI 22.012 88.037 145.968) Toial nei dssets 55,808 64.081 20 Rel#ted party tr&n5actllbt15 Thcrc were iio related pariy iransaciions in ilie year. Pabie 25