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2024-03-31-accounts

T����ee�� A���al Re���� and Fi�a�cial S�a�eme��� f���he �ea�ended ��[��] Ma�ch ����

Soundcastle Ltd

Charity Registration Number�11�4�55

Company Registration Number�08210076

C���e���

���e���
Administrative Information 1
Trustees Annual Report 2
Trustees�Responsibilities in Relation to the Financial Statements 17
Independent Examiner�s Report to the Trustees of Soundcastle 18
Statement of Financial Activities for the Financial Year Ended 31 March 2024 1�
Balance Sheet as at 31 March 2024 20
Notes to the accounts 21

Admi�i���a�i�e I�f��ma�i��

T����ee��
Cha�i��Add�e���
Banke���
Acc��n�an�and
Inde�enden�E�amine��		 S Drake�Pullin �Co�Chair�
L Becko�Vasiliadis �Co�Chair �Treasurer��resigned 27th Apr 2023
A Krishnan
C Rubin�resigned 24th Sep 2024
R Jarratt
H Collisson
A Bhonagiri
S Bell�appointed 3rd May 2024
B Reid�appointed 3rd May 2024
Unit 1�2nd Floor�Rock House
4��51 Cambridge Road
Hastings
East Sussex
TN34 1DT
The Co�operative Bank p�l�c�
P�O Box 101
1 Balloon Street
Manchester
M60 4EP
Metro Bank p�l�c�
One Southampton Row
London
WC1B 5HA
Manningtons
3�High Street�Battle�East Sussex TN33 0EE

1

2023�24

T����ee�A���al Re����

March 2024�Included within the trustees�report is the directors report as required by company law�

The reference and administrative information set out on page 1 forms part of this report�The financial statements comply with current statutory requirements�the memorandum and articles of association and the Statement of Recommended Practice �Accounting and Reporting by Charities �SORP�applicable to charities preparing their accounts in accordance with FRS 102�

S���c���e�G��e��a�ce a�d Ma�ageme��

Soundcastle Ltd is a registered charity and a Company Limited by Guarantee with the Charity Registration Number 11�4�55�The governing document of Soundcastle Ltd is a memorandum and articles of association dated 16th March 2021�

The Trustees�who are also directors under company law�are appointed by ordinary resolution passed at a general meeting�One third of the members of the Trustees must retire by rotation but may stand for re�election�Trustees met every three months during the financial year in question�

Members of the charity guarantee to contribute an amount not exceeding �10 to the assets of the charity in the event of winding up�The total number of such guarantees at 31[st] March 2024 was five�

Objec�i�e�a�d Ac�i�i�ie�f���he P�blic Be�e��

So�ndca��le i�an a�a�d��inning��omen�led cha�i���ba�ed in Ha��ing��Ea��S���e�and �o�king ac�o��London and So��h Ea��England��We ����o���he men�al heal�h of �eo�le facing �ocial ine��ali���along�ide b�ilding �ec�o��e�ilience in �he a���na�ionall��

For the purpose of this clause �socially excluded�means being excluded from society�or part of society�as a result of being a member of a socially and economically deprived community� The Trustees confirm that they have referred to the guidance contained in the Charity Commission�s general guidance on public benefit when reviewing the charity�s aims and objectives and in planning future activities and setting the grant making policy for the period�

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and enhance wellbeing�We work within communities�widening access and increasing opportunities for those who are under�served by traditional publicly funded arts and culture�

Our wider impact comes through community music sector development�We are a leading voice in community music in the UK and advocate for better mental health awareness�delivering Mental Health First Aid �MHFA�training and creative consultancy to cultural and community organisations nationally�Our highly successful MHFA training programme attracted attendees from local arts� voluntary�care�charity�and education sectors�

Our long�term music programmes �Musical Beacons and People�s Music �are embedded in communities in Sussex and East London�providing deep and sustained creative engagement and mental health support for targeted groups�

All Soundcastle programmes are delivered in collaboration with community partners�combining our creative expertise with their knowledge of each community�This ensures we identify gaps in provision and design our programmes to meet this need�in areas of low cultural engagement�

The people that Soundcastle support are all directly impacted upon by reduced NHS services and the Cost of Living Crisis�The majority of our attendees experience socioeconomic disadvantage and are on the front line of rising costs�We provide targeted support for�

O��A����ach

Everyone is creative�This belief is at the centre of our methodology for engaging with communities� We help people to find their creative spark through transformational creative programmes�

We use creative play as a tool to support connection�We create open�inclusive spaces that promote fun�exploration and imagination�We hear laughter�we see connection�we listen as people find their voices�

worlds of community members�Self�belief comes from close�positive interaction and we help people to play and sing together�Whilst each project is individual and unique�our focus is always on a collaborative approach to creativity�

3

Ke�S�a���Reach a�d Im�ac�

W��ked di�ec�l��i�h ���c�mm�ni��membe���

Deli�e�ed ���c�ea�i�e �e��i�n��

Sec���De�el��men��

4

C��e Ac�i�i�ie�

M��ical Beac��� i�o����og�amme fo�familie�facing �ocial ine��ali���We ��o�ide �eg�la� m��ic �e��ion�in comm�ni����ace���he�e familie�can lea�n�c�ea�e and e��lo�e m��ic �oge�he�in a �afe and ����o��ed en�i�onmen��In ��������e deli�e�ed ���M��ical Beacon��e��ion�ac�o�� London and S���e��engaging ���child�en and �o�ng �eo�le ������ and 333 parents and caregivers�

Thi�incl�ded�

� ���e��ion��i�hin ����o��ed ho��ing �e��ing� ��comm�ni��famil�f�n da�� � ��m��ical �alkabo���

The ��eci�c need fo�each ��og�amme ha�been e��abli�hed �h�o�gh o��co���od�c�ion ��oce���We co�c�ea�e be��oke ��og�amme��i�h familie��o ��o�ide �he be��acce��and ����o���he�need�

In London�familie��i�h di�abled child�en �old ���he�faced m�l�i�le ba��ie���o acce��ing ��o�i�ion in �hei�comm�ni���incl�ding �ocioeconomic fac�o���The�fel��ha�ac�i�i�ie�in gene�al �e�en�� incl��i�e�Man�familie�did no�acce��an�ac�i�i�ie�o���ide �chool and �e�e e���emel�i�ola�ed�We no��o�k �i�h familie��i�h di�abled child�en in m�l�i�le comm�ni����ace���h�o�gh indi�id�al and g�o��famil��e��ion�� We have built a new partnership with the Newham SEND hub and Altmore Children�s Centre in Newham who host 1 to 1 sessions and refer families into the programme�We have also undertaken 2 pilot group sessions with Newham Music�the borough music education hub with further pilot sessions planned with Newham Music and Waltham Forest Music Service in summer 2024�These are the first steps towards building an inclusive pathway into local music provision that begins in early childhood�

Alongside this�we received a commission from the Lloyd Park Children�s Charity to work with families with disabled and neurodivergent early years children in Grow Wild�an outdoor forest play space in Waltham Forest�This programme called �Musical Climbers and Creators�will run to July 2024�

In S���e���e �o�k �i�h �o�ng �a�en���ho ha�e faced ��a�ma d�e �o com�le�challenge�incl�ding homele��ne����ocial i�ola�ion ��eeing �iolen��ab��i�e �ela�ion�hi���The�ha�e had li��le acce���o ����o��and feel i�ola�ed f�om local comm�ni��ac�i�i�ie��Th�o�gho�����������e �an �e��ion� �i�hin �h�ee �afeho��e������o��ing ea�l��ea��child�en��o�ng �a�en��and ��ojec��o�ke���The �afeho��e�a�e no�looking fo����o ����o���hei��e�iden��in engaging �i�h e��e�nal e�en��in �hei� local comm�ni�ie��In �he S�Leona�d��afeho��e one of �he A��i��an�P�ojec�Wo�ke��ha�no� beg�n �o �ake a ��ee�on �eg�la��eekl�m��ic �e��ion�fo��e�iden����hich i�o�ening ��f���he� legac��o��ibili�ie��o e��lo�e in �e�m�of engagemen�be�ond So�ndca��le�

Be��een Se��embe������Ma�ch ������e deli�e�ed a �ilo�a���and c�ea�i�i����og�amme fo�ea�l� �ea��child�en in B�oomg�o�e�an a�ea �i�h high le�el�of de��i�a�ion and e���emel�lo�c�l���al

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engagemen��i�hin Ha��ing��The �ilo�ha�been deli�e�ed in �a��ne��hi��i�h Ac�i�e Ha��ing�and In�Pla��f�nded b�Ha��ing�Bo�o�gh Co�ncil �h�o�gh �he Sha�ed P�o��e�i��F�nd�

With a high level of local families previously not engaging in creative activities�we work in a deep and embedded way�ensuring we build trust by being present in the community�Through regular creative sessions at the Broomgrove Community Centre�and attendance at local community spaces including In2Play Outdoor Preschool�we are bringing the community together through conversation� creative play and collaboration�

Pe��le��M��ic �PM�celebrates the creativity�resilience and voice of people with a mental health diagnosis�We use collaborative music�making to strengthen mental health recovery�reduce social isolation and bring our community together through inspiring creative experiences�

The PM programme has developed in Adur�West Sussex through a process of consultation and co�production with over 200 adults with lived experience of mental ill health�We continue to work closely with sector partners Sussex Recovery College�West Sussex Mind�NHS Sussex Partnership and Going Local Social Prescribing�

Our London team consulted with a variety of stakeholders at local community spaces throughout the year to establish a new branch of the PM programme�This resulted in pilot sessions throughout 2023�24�engaging 25 adults in a programme of mental health aware music making for adults over 50 with lived experience of mental ill health �November �December 2023��

In 2023�24�we have engaged 8�community members on a journey of mental health recovery as well as performing and sharing a message about positive mental health to a combined audience of 5�5 members of the public�We co�produced four music for mental health recovery courses�

records and performs their own brand new music�

The People�s Music Collective were delighted to be invited to perform at the Walk the Chalk Festival at Seaford Head Nature Reserve�It was the band�s first ever festival performance to a large public crowd and they were able to show resilience�teamwork and confidence as they embraced this opportunity to send out a positive message about mental health�

In 2024�we are building a new partnership with the London Philharmonic Orchestra �LPO� supporting the developing skills and ambition of PMC community members�with LPO players taking part in rehearsals and workshops leading up to the launch of their new EP in the Worthing Festival�

6

P��g�amme L�ca�i���

MUSICAL BEACONS

PEOPLE�S MUSIC

Pa��ne��hi��

All Soundcastle programmes are co�created in partnership with communities�We are delighted to have worked with a wide range of strategic partners throughout 2023�24�including�

Im�ac�

We monitor our impact using a streamlined evaluation framework based on our three core outcomes�increased confidence�reduced social isolation and enhanced wellbeing�We conduct evaluation processes involving all voices �community members�partners�facilitators�audiences and Soundcastle programme leads�

Our 2023�24 monitoring and evaluation demonstrates that we are consistently meeting all of our intended outcomes��Data based on 128 feedback survey responses received in 2023�24

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I�c�ea�ed C���de�ce

������f �e���nden���e����ed feeling an inc�ea�e in c�n�dence�

8

Red�ced S�cial I��la�i��

�����f �e���nden���e����ed feeling an inc�ea�e in c�nnec�edne�����hei�c�mm�ni���

E�ha�ced Wellbei�g

������f �e���nden���e����ed feeling enhanced �ellbeing�

2023�24 community member EDI monitoring�

�

Ca�e S��die�

PEOPLE�S MUSIC�La�i��a�li�e��i�h bi��la��ha�high ��cial an�ie��and l��c�n�dence�She had bec�me e���emel���ciall�i��la�ed f�ll��ing �he �andemic�

Collective and attends weekly�She formed new friendships and started socialising outside of the sessions�After a sustained period of regular attendance�her confidence increased su�ciently to apply for a job and she is now a carer for 2 young autistic people�Significantly�she negotiated working days so that she would always have Tuesdays free to attend People�s Music Collective which she says �keep me well enough to function in my daily life and to hold down this job��

MUSICAL BEACONS�Y��ng �a�en��Kell��and he�child K�bi��a��ended f��m �hen he �a�a ne�b��n ���he age �f �m�n�h��

�and voiced as such��felt embarrassed and didn�t want to get involved��I didn�t see the point in doing music��Kelly���Kelly sat there in that first session�whispering things to another young parent� She didn�t want to make eye contact�She didn�t know us or trust us���Soundcastle Facilitator��In that first session�Kelly didn�t know how to play or interact with Kobi and refused to engage�

little bell in Kobi�s hand�helping him to shake it and also shaking another instrument herself�Then after around four sessions�very suddenly�A started singing along for the first time�She joined in and sang directly to Kobi �You are my sunshine��Kobi was smiling at her and interacting��It was amazing to see Kelly singing directly to her baby�it was such a special interaction moment� �Soundcastle Facilitator��

Kelly told the facilitators that they�ve been singing Baby Beluga�another song�together outside of sessions��It�s his favourite one �it always makes him smile���Kelly��Kelly started to realise that music was something Kobi enjoyed and a way they could feel close to each other�It was a sure way to get him smiling�From then on�A started regularly taking part in the actions and movement aspects of the sessions�She engaged Kobi and called his name�looking into his eyes��She always comes to sessions every week���She is becoming an extremely attentive and communicative Mum�cooing� singing�and praising���Partner Representative�ESYPS��

Sec���De�el��me��

C����l�a�c��T�ai�i�g

Throughout 2023�24�Soundcastle has continued to deliver training and consultancy in support of the community arts sector�By delivering consultancy�we continue to expand our sector�s understanding of high�quality co�production in community practice�

We have continued our training relationship with the Royal College of Music�providing a bi�yearly creative music class for all second year undergraduate students which introduces the principles of inclusive creative practice�We presented our work and theory of practice at the University of Aberdeen in November 2023�

We have continued to develop our Mental Health First Aid training o�er in a mission to improve wellbeing�resilience and understanding of mental health across the sector�We have delivered MHFA training for organisations including Hastings Museum and Arts Gallery�Guildhall School of Music and Drama�The Hammond and Britten Pears Arts�

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We have since been commissioned to create a youth manifesto with Aldeburgh Young Musicians�the training programme for young musicians �18 �25�within Britten Pears Arts�This will conclude in October 2024�

S�a�ki�g Cha�ge

Between September 23 �March 24�we delivered a 6 month Sparking Change programme for emerging music leaders facing barriers in the sector�This involved�

improved connections with people across the community arts sector and feelings of enhanced wellbeing by the end of the programme�

----- Start of picture text -----
Inc�ea�ed C�n�dence� Red�ced S�cial I��la�i�n�
----- End of picture text -----

Enhanced Wellbeing�

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Re�ea�ch

We are in the process of building a new research partnership with Birmingham City University �BCU� as part of our current Youth Music fund�The Musical Beacons facilitation team will be undertaking training to embark on a research project in Autumn 2024�This will explore creative agency within Musical Beacons sessions in di�erent spaces�The teams will be mentored by academics throughout the process�culminating in a public facing report and presentation�

We have continued to develop our research relationship with the University of Brighton�s MA in Comm�ni��P��cholog���og�amme�In Ma�ch ������e �elcomed ��o �e�ea�che���i�h a foc��on Social Re�ea�ch P�ac�ice�J�lia Gon�ale�and G�ace C���e��o �he Peo�le��M��ic ��og�amme in Sho�eham�Thi��e��l�ed in a ��bli�hed �e�o��in Ma������hich ��e�en�ed �nding�on ho� collabo�a�i�e com�o�i�ion and c�ea�i�e deci�ion�making can im�ac�men�al heal�h �eco�e���The Uni�e��i��of B�igh�on ha�e indica�ed �ha��he��o�ld like �he �e�ea�ch �a��ne��hi��o con�in�e in�o �he ne��academic �ea��

In February 2023 Ryan Humphrey submitted his PhD which included research into the People�s Music Collective alongside interviews with Soundcatle directors exploring the values of ownership� transformation and ownership�

I��e��al De�el��me��

Wellbei�g Age�da

proud to have�

In �������������f S��ndca��le �eam membe���h�di�cl��ed ����men�al heal�h �a��hei� �ellbeing a����k im����e�

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Ad�i�����a�el

The Soundcastle Advisory Panel has met twice during 2023�24�in July and January�The group is made up of representatives from across Soundcastle�s programmes and community including partners�trustees�community members�team members and critical friends�In July the main theme of the conversation was around Wellbeing at Work�with the panel supporting and challenging Soundcastle�s initial wellbeing consultation explorations and findings�In January the focus was around how to champion and advocate for Soundcastle�s co�production process�during a challenging fundraising climate�The panel continues to grow and diversify and aims to meet three times in 24�25�It forms a critical part of Soundcastle�s decision making process and a hugely valuable resource in steering our thinking and development�

T�ai�i�g

Over 23�24 the whole Soundcastle sta�met for 2 cross regional development days exploring part�time working�programme developments and team connection�

The facilitators took part in further internal training sessions on co�design and co�creation with early years children�reflective practice�whole group leadership and wider community engagement�One facilitator completed Makaton�level 1 and is using this to refresh our inclusive signing within our Musical Beacons sessions�

We began a new training partnership with New Note�Wishing Well and Brighton Music for Connection�This allows our facilitators to practise with larger groups and explore ideas with a wider pool�Soundcastle facilitators led the initial meeting on large group leadership skills�This was followed by a full day of trauma�informed practice inJanuary 2024�

All members of sta�working in community settings and those managing others now have compulsory termly supervisions with the Orange Collective�This is a proactive action to support our team as they process the complex challenges we face when delivering our programmes and supporting collegiate mental health in a constructive way�

G��e��a�ce

There have been some changes to our Trustee Board�with one resignation and three new trustees recruited�Lawrence Becko stepped down in Summer 2023 and Soundcastle would like to thank him for his wonderful contribution to the charity as one of our first trustees�His expertise in organisational development supported our early steps as a charity and his support in developing a resilient and creative board has been hugely appreciated�

In Summer 2023 Aditi Bhonagiri joined Soundcastle�s board of trustees�bringing a wealth of experience in mental health�Sophie Bell and Blair Reid joined us in Spring 2024�bringing specialisms in law and finance respectively�

E��i���Di�e��i��a�d I�cl��i��

We value high levels of representation across the charity�In 2023�24�86�of our sta�team and board identify as female�43�identify as primary �or equal�carer of a child or children under 18�2�� identify as from global majority backgrounds�24�identify as disabled�1��identify as LGBTQ��10� identify as neurodivergent�100�of our sta�team have lived experience of mental health challenges�

We have continued to develop our approach to diversity and inclusion and have made some significant developments in terms of our sta�ng and practice�These include�

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Digi�al Reach �����������

YouTube views�70�016 Facebook Reach�22�438 Instagram Reach�4�700 Total Facebook followers��8���4�� Total Instagram followers�83���141� Total Linkedin followers�376 Total X followers�1��41 Total Youtube subscribers�477 ��223� SoundCloud�630

F����e Pla�����������

P��g�amme De�el��me��

Musical Beacons will move into a research phase in Autumn 2024�Soundcastle facilitators will gather additional data from the London 1 to 1�s�the Sussex safe houses and Broomgrove in Hastings to co�produce a report on creative agency�

In London�Musical Beacons will continue to support communities in Chingford and Cathall while in Hastings�Broomgrove delivery has been secured until December 2024�Our partnership with East Sussex Young Parents Service is ongoing in the Eastbourne and Newhaven safehouses and we continue to o�er signposting to progression routes for the young parents involved�

People�s Music Sussex will provide a rotation of New Rhythms�the Ukulele Crew and Singing for Wellbeing courses in partnership with Sussex Recovery College in Shoreham�The People�s Music Collective will continue on a weekly basis�

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In London�People�s Music �Join the Band�will move into a development phase in Summer 2024 with Age UK�We are looking to settle into termly delivery providing a creative musical space for adults over 50 who wish to use music to support their mental health�

T�ai�i�g a�d C����l�a�c�

We will continue to build our sector presence as advocates and consultants for mental health in the arts alongside our training o�er�We will present our approach to mental health and wellbeing at the Music Mark conference and a Sound Connections event in Autumn 2024�We are currently building a specific training website and looking into further conferences and networking events to attend in 2024�25�

I��e��al Skill�De�el��me��

We will continue to foster leadership skills across the whole sta�team to enhance our dynamism and responsiveness as an organisation�Within the leadership team we are looking to refresh our evaluation knowledge in line with the latest best practice after establishing a streamlined system in 2022�

confident and proactive on the ground�We have had the opportunity to bring facilitators together from di�erent regions this year which has enabled us to share knowledge and build positive team relationships�We will build in more skills sharing opportunities in the year to come�

Fi�a�cial Re�ie�

March 2024�

Incoming resources for the year totalled �350�044 of which �25��633 were for restricted purposes� Outgoing resources for the year were �282�1��of which �251�254 were attributable to restricted funds�Restricted funds carried forward at the year end totalled �57���8 and unrestricted funds totalled �127�7�7��30�000 remaining grant funds from Postcode Community Trust have been designated by the Trustees to support programme and core operating costs during the 2024�25 financial year and will not be held for reserves�

Our earned income was �37�351�representing approximately 11�of our total income through sales� commissions�coaching�consultancy and Mental Health First Aid training�

We are grateful for the ongoing support we have received from a wide variety of charitable funders including The National Foundation for Youth Music�Arts Council England�The National Lottery Community Fund�London Community Foundation�Sussex Community Foundation�Arts Award Access Fund�The Rayne Foundation�Postcode Society Trust�Children in Need�The Ernest Kleinwort Charitable Trust�The Souter Charitable Trust�City Bridge Foundation�Heads On VCSE Collaborative� The Sir Bernard and Lady Schreier Foundation�The Shared Prosperity Fund �through Hastings Borough Council��The London Borough of Waltham Forest Adult Learning Fund�Postcode Community Trust and The Chalk Cli�Trust�

We would like to extend our thanks to all our funders for their generous support of the charity�s work in the 2023�24 financial year�

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Re�e��e�P�lic�

The trustees have considered the Soundcastle�s need for reserves with reference to the level of risk it faces�They have concluded that it is important for the charity to always hold in financial reserves�as a minimum�the funds that would be required to ensure an ordered and proper closure of Soundcastle Ltd�

This level of reserves will fund�

This initial reserves position assumes that no immediate withdrawal of funding will occur�To mitigate the risks arising in the event of an immediate loss of funds�the trustees have established a policy whereby the charity holds unrestricted reserves at a level equivalent to three to six months�running costs�The trustees consider that this level of reserves should be maintained on an ongoing basis in order to ensure the future financial resilience of the charity�

As per the enclosed accounts�expenditure on running costs in 2023�24 was �282�1��and therefore the target level of reserves is between �70�550 and �141�100 in general funds�

the charity is maintaining su�cient reserves in line with the reserves policy�

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T����ee��Re�����ibili�ie�i�Rela�i�����he Fi�a�cial S�a�eme���

The trustees �who are also directors of Soundcastle Ltd for the purposes of company law�are responsible for preparing the trustees annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards �United Kingdom Generally Accepted Accounting Practice��

give a true and fair view of the state of a�airs of the charitable company and of the incoming resources and application of resources�including the income and expenditure�of the charitable company for that period�In preparing these financial statements�the trustees are required to�

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006�They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities�

information included on the charitable company�s website�Legislation in the United Kingdom governing the preparation and dissemination of financial statements may di�er from legislation in other jurisdictions�

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies�regime of the Companies Act 2006�

Approved by the trustees on 11/10/2024 and signed on their behalf by�

Sarah Drake�Pullin CHAIR of the BOARD of TRUSTEES

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I�de�e�de��e�ami�e����e�������he �����ee��f S���dca��le L�d f�� �he �ea�e�ded ��Ma�ch ����

Re���n�ibili�ie�and ba�i��f �e����

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 1�to 2��

As the charity trustees of the company �and also its directors for the purposes of company law�you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 �the 2006 Act��

16 of the 2006 Act and are eligible for independent examination�I report in respect of my examination of your company�s accounts as carried out under section 145 of the Charities Act 2011 ��the 2011 Act���In carrying out my examination I have followed the Directions given by the Charity Commission under section 145�5��b�of the 2011 Act�

Inde�enden�e�amine�����a�emen�

connection with the examination giving me cause to believe that in any material respect�

1�accounting records were not kept in respect of the company as required by section 386 of the 2006 Act�or

2�the accounts do not accord with those records�or 3�the accounts do not comply with the accounting requirements of section 3�6 of the 2006 Act other than any requirement that the accounts give a �true and fair view�which is not a matter considered as part of an independent examination�or

4�the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland �FRS 102��

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached�

Manningtons Chartered Accountants
3�High Street
Battle
East Sussex
TN33 0EE
R��ena T K Wal�h �FCCA� Date� 09.10.2024

18

S�a�eme���f Fi�a�cial Ac�i�i�ie�f���he Fi�a�cial Yea�E�ded �� Ma�ch ����

Notes Notes Unrestricted
f�nds		 Restricted
f�nds		 Total f�nds
��March
����		 Unrestricted
f�nds		 Restricted
f�nds		 Total f�nds
to ��March
����
� � � � � �
Income and endo�men��f�om�
Donations and legacies 2 2,501 � 2,501 8,153 � 8,153
Charitable activities 2 87,351 259,633 346,983 59,941 147,905 207,846
Interest Received 2 560 � 560 � � �
To�al ������ ������� ������� ������ ������� �������
Expenditure on:
Raising funds 310 310 42 � 42
Charitable activities 3 30,635 251,254 281,889 29,491 209,103 238,594
To�al ������ ������� ������� ������ ������� �������
Ne�income��e�pendi���e�befo�e ��an�fe�� ������ ����� ������ ������ �������� ��������
T�an�fe�be��een f�nd� � � � ������ ����� �
Ne�mo�emen�in f�nd� ������ ����� ������ ������ �������� ��������
Reconcilia�ion of f�nd��
Total funds brought forward 68,330 49,619 117,949 31,224 109,362 140,586
To�al f�nd�ca��ied fo��a�d ������� ������ ������� ������ ������ �������
The statement of fnancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

1�

Bala�ce Shee�a��f ����Ma�ch ����

Notes ��March ���� ��March ����
� �
Fi�ed a��e��
Tangible asse�s �� ��� ���
To�al ��ed asse�s ��� ���
C���en�a��e��
Deb�ors � ������ �����
Cash a�bank and in hand � ������� �������
To�al c���en�a��e�� ������� �������
Credi�ors�amo�n�s falling d�e �i�hin one �ear � ����� �����
Ne�c���en�a��e����liabili�ie�� ������� �������
To�al a��e��le��c���en�liabili�ie� ������� �������
Credi�ors�amo�n�s falling d�e af�er one �ear ��
To�al ne�a��e����liabili�ie�� ������� �������
F�nd�of �he Cha�i��
Res�ric�ed f�nds �� ������ ������
Unres�ric�ed f�nds �� ������� ������
To�al f�nd� ������� �������
For �he �ear in q�es�ion��he compan��as en�i�led �o e�emp�ion from an a�di��nder sec�ion ���of �he
Companies Ac�����rela�ing �o small companies�
Direc�ors�responsibili�ies�
The members ha�e no�req�ired �he compan��o ob�ain an a�di�of i�s acco�n�s for �he �ear in q�es�ion in
accordance �i�h sec�ion ����
The direc�ors ackno�ledge �heir responsibili�ies for compl�ing �i�h �he req�iremen�s of �he Ac��i�h respec��o
acco�n�ing records and �he prepara�ion of acco�n�s�
These acco�n�s are prepared in accordance �i�h �he special pro�isions of par���of �he Companies Ac�����
rela�ing �o small companies and cons�i���e �he ann�al acco�n�s req�ired b��he Companies Ac�����and are
for circ�la�ion �o �he members of �he compan��
The no�es on pages ���o ��form an in�egral par�of �he �nancial s�a�emen�s�

Appro�ed b��he �r�s�ees on 11/10/2024 and signed on �heir behalf b��

Sarah Drake�P�llin CHAIR of �he BOARD of TRUSTEES

20

N��e����he acc�����

Note ��Acco�nting Policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a�Basis of preparation The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland �FRS 102�, second edition �October 2019 �Charities SORP �FRS 102��,the Financial Reporting Standard applicable in the UK and Republic of Ireland �FRS 102�pplicable in the UK and Republic of Ireland �FRS 102�licable in the UK and Republic of Ireland �FRS 102�public of Ireland �FRS 102�ublic of Ireland �FRS 102��FRS 102�FRS 102�� and the Companies Act 2016.panies Act 2016.anies Act 2016. The charity has applied the exemption available to small charities in the Charities SORP �FRS 102�and does not include a Statement of Cash Flows in these Financial Statements. Soundcastle Ltd 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 notes.g notes. notes. b�� Preparation of the accounts on a going concern basisparation of the accounts on a going concern basisaration of the accounts on a going concern basisgoing concern basisoing concern basisg concern basis concern basis The trustees consider that there are no material uncertainties about the charitable company�s ability to continue as a going concern.pany�s ability to continue as a going concern.any�s ability to continue as a going concern.y�s ability to continue as a going concern.�s ability to continue as a going concern.y to continue as a going concern. to continue as a going concern.going concern.oing concern.g concern. concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reportingg a material adjustment to the carrying amount of assets and liabilities within the next reporting a material adjustment to the carrying amount of assets and liabilities within the next reportingjustment to the carrying amount of assets and liabilities within the next reportingustment to the carrying amount of assets and liabilities within the next reportingying amount of assets and liabilities within the next reportinging amount of assets and liabilities within the next reportingg amount of assets and liabilities within the next reporting amount of assets and liabilities within the next reportingportingortingg period.eriod. c�Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item�s�of income have been met, it is probable that the income will be received and the amount can be reliably measured.probable that the income will be received and the amount can be reliably measured.robable that the income will be received and the amount can be reliably measured.y measured. measured. Income for government and other grants, whether �capital�grants or �revenue�grants, is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received the account can be measured reliably and is not deferred. Donations are recognised when the charity receives the funds.gnised when the charity receives the funds.nised when the charity receives the funds.y receives the funds. receives the funds. Legacies are recognised on receipted or otherwise if the charity has been notified of an impending distribution, the amount is known and the receipt is expected. If the amount is not known the legacy is treated as a contingent asset.pt is expected. If the amount is not known the legacy is treated as a contingent asset.t is expected. If the amount is not known the legacy is treated as a contingent asset.pected. If the amount is not known the legacy is treated as a contingent asset.ected. If the amount is not known the legacy is treated as a contingent asset.gacy is treated as a contingent asset.acy is treated as a contingent asset.y is treated as a contingent asset. is treated as a contingent asset.gent asset.ent asset. d�Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity.pend on activities that further any of the purposes of the charity.end on activities that further any of the purposes of the charity.y of the purposes of the charity. of the purposes of the charity.purposes of the charity.urposes of the charity.poses of the charity.oses of the charity.y.. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.pecific purpose.ecific purpose.purpose.urpose.pose.ose. Restricted funds are funds which the donor has specified are solely to be used for particular activities. e�� Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity�this is normally upon notification of the interest paid or payable by the Bank. f�� Expenditurependitureenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be recognised reliably.quired and the amount of the obligation can be recognised reliably.uired and the amount of the obligation can be recognised reliably.gation can be recognised reliably.ation can be recognised reliably.gnised reliably.nised reliably.y.. Grants o�ered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.penditure.enditure. All expenditure is shown inclusive of VAT.

Note ��Acco�nting Policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a�Basis of preparation The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland �FRS 102�, second edition �October 2019 �Charities SORP �FRS 102��,the Financial Reporting Standard applicable in the UK and Republic of Ireland �FRS 102�pplicable in the UK and Republic of Ireland �FRS 102�licable in the UK and Republic of Ireland �FRS 102�public of Ireland �FRS 102�ublic of Ireland �FRS 102��FRS 102�FRS 102�� and the Companies Act 2016.panies Act 2016.anies Act 2016. The charity has applied the exemption available to small charities in the Charities SORP �FRS 102�and does not include a Statement of Cash Flows in these Financial Statements. Soundcastle Ltd 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 notes.g notes. notes. b�� Preparation of the accounts on a going concern basisparation of the accounts on a going concern basisaration of the accounts on a going concern basisgoing concern basisoing concern basisg concern basis concern basis The trustees consider that there are no material uncertainties about the charitable company�s ability to continue as a going concern.pany�s ability to continue as a going concern.any�s ability to continue as a going concern.y�s ability to continue as a going concern.�s ability to continue as a going concern.y to continue as a going concern. to continue as a going concern.going concern.oing concern.g concern. concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reportingg a material adjustment to the carrying amount of assets and liabilities within the next reporting a material adjustment to the carrying amount of assets and liabilities within the next reportingjustment to the carrying amount of assets and liabilities within the next reportingustment to the carrying amount of assets and liabilities within the next reportingying amount of assets and liabilities within the next reportinging amount of assets and liabilities within the next reportingg amount of assets and liabilities within the next reporting amount of assets and liabilities within the next reportingportingortingg period.eriod. c�Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item�s�of income have been met, it is probable that the income will be received and the amount can be reliably measured.probable that the income will be received and the amount can be reliably measured.robable that the income will be received and the amount can be reliably measured.y measured. measured. Income for government and other grants, whether �capital�grants or �revenue�grants, is recognised when the charity has entitlement to the funds, any performance conditions have been met, it is probable that the income will be received the account can be measured reliably and is not deferred. Donations are recognised when the charity receives the funds.gnised when the charity receives the funds.nised when the charity receives the funds.y receives the funds. receives the funds. Legacies are recognised on receipted or otherwise if the charity has been notified of an impending distribution, the amount is known and the receipt is expected. If the amount is not known the legacy is treated as a contingent asset.pt is expected. If the amount is not known the legacy is treated as a contingent asset.t is expected. If the amount is not known the legacy is treated as a contingent asset.pected. If the amount is not known the legacy is treated as a contingent asset.ected. If the amount is not known the legacy is treated as a contingent asset.gacy is treated as a contingent asset.acy is treated as a contingent asset.y is treated as a contingent asset. is treated as a contingent asset.gent asset.ent asset. d�Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity.pend on activities that further any of the purposes of the charity.end on activities that further any of the purposes of the charity.y of the purposes of the charity. of the purposes of the charity.purposes of the charity.urposes of the charity.poses of the charity.oses of the charity.y.. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.pecific purpose.ecific purpose.purpose.urpose.pose.ose. Restricted funds are funds which the donor has specified are solely to be used for particular activities. e�� Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity�this is normally upon notification of the interest paid or payable by the Bank. f�� Expenditurependitureenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be recognised reliably.quired and the amount of the obligation can be recognised reliably.uired and the amount of the obligation can be recognised reliably.gation can be recognised reliably.ation can be recognised reliably.gnised reliably.nised reliably.y.. Grants o�ered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.penditure.enditure. All expenditure is shown inclusive of VAT.

21

g� Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back o�ce costs, finance, personnel, payroll and governance costs. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. h�Tangible Fixed Assets Individual assets costing �550 or more are capitalised at cost and are depreciated evenly over their estimated useful economic lives, as follows: Plant and machinery 15�reducing balance Computer equipment 25�reducing balance Tangible fixed assets are initially measured at cost and subsequently measure at cost or valuation, net of depreciation and any impairment losses. The gain or less arising on the disposal of an asset is determined as the di�erence between the sale proceeds and the carrying value of the assets, and is recognised in net income��expenditure�for the year. i� Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have su�ered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss�if any�. j� Debtors Debtors �including trade debtors and loans receivable�are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. k�Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision are normally recognised at their settlement amount after allowing for any trade discounts due. l�Corporation Tax The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. m�Key estimates and accounting judgements In applying the charity�s accounting policies, the Trustees are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The Trustees�judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may di�er. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to the accounting estimates are recognised in the period in which the estimate is revised, if the revision a�ects only that period, or in the period of revision and future periods, if the revision a�ects both current and future periods.

22

Note ��Anal�sis of income Note ��Anal�sis of income Note ��Anal�sis of income Note ��Anal�sis of income Note ��Anal�sis of income Note ��Anal�sis of income Note ��Anal�sis of income
���� ����
Un�e���ic�ed
f�nd�		 Re���ic�ed
f�nd�		 To�al f�nd� To�al f�nd�
� � � �
Dona�ion�and legacie��
Donations and gifts 2,501 � 2,501 8,153
To�al ����� � ����� �����
In�e�e��Recei�ed
Bank Interest Received 560 560 �
�
To�al ��� � ��� �
Cha�i�able ac�i�i�ie��
Grants 50,000 259,633 309,633 160,260
Earned Income 37,351 � 37,351 47,586
To�al ������ ������� ������� �������
To�al income ������ ������� ������� �������
Duringtheperiod Soundcastle received the followingamounts from Governmentgrants:
�
Arts Council England 47,910
The National LotteryCommunityFund 20,000
London Borough of Waltham Forest 2,980
Hastings Borough Council 18,750
������

23

Note ��Anal�sis of e�pendit�re Note ��Anal�sis of e�pendit�re Note ��Anal�sis of e�pendit�re Note ��Anal�sis of e�pendit�re
���� ����
� �
Direct project costs 35,174 48,103
Depreciation 119 156
Salaries and wages 225,562 176,984
Travel 1,632 293
Sta�training � 125
Insurance 927 683
Rent 9,911 6,781
Other expenses 2,047 1,185
������� �������
Share of support costs �see note 4� 3,828 1,884
Share of governance costs �see note 5� 2,998 2,444
������� �������
Analysis by fund
Unrestricted funds 30,945 29,533
Restricted funds 251,254 209,103
������� �������
Note ��Go�ernance and Other S�pport Costs Note ��Go�ernance and Other S�pport Costs Note ��Go�ernance and Other S�pport Costs Note ��Go�ernance and Other S�pport Costs
The total support costs and overheads attributable to charitable activity is apportioned as shown below:
���� ����
S�ppo��Co��� To�al To�al
� � �
Website 140 140 95
Subscriptions 2,838 2,838 1,748
Advertisingand Marketing 112 112 �
Postage and stationery 738 738 40
����� ����� �����
Go�e�nance Co��� ��Ma�ch ���� ��Ma�ch ����
� �
Independent Examination 1,200 720
AccountancyFees 1,200 1,200
Payroll Fees 598 524
����� �����

24

Note ��Details of certain items of e�pendit�re Note ��Details of certain items of e�pendit�re Note ��Details of certain items of e�pendit�re Note ��Details of certain items of e�pendit�re
���� ����
� �
Independent examiner�s fees 1,200 720
Other accountancy fees 1,798 1,724
To�al ����� �����
Note ��Emplo�ees Note ��Emplo�ees Note ��Emplo�ees
���� ����
� �
Salaries and wages 216,874 169,407
Social securitycosts 8,141 6,781
Pension costs �defned contribution scheme� 7,619 6,168
Other � �2,546�
To�al ��a�co��� ������� �������
No employees received employee benefts �excluding employer pension costs�for the reporting period of more than �60,000
���A�e�age head co�n�in �he�ea�
���� ����
15 12
To�al �� ��
���Ke�Managemen�Pe��onnel
The remuneration of the keymanagementpersonnel is:
���� ����
� �
Salaries and wages 101,008 110,130
Social security costs 8,709 9,438
Pension costs �defned contribution scheme� 4,041 4,406
To�al ��a�co��� ������� �������
No employee received remuneration over �60,000.
Note ��Debtors Note ��Debtors Note ��Debtors Note ��Debtors
Amo�n��falling d�e �i�hin one�ea�
��Ma�ch ���� ��Ma�ch ����
� �
Accrued income 16,730 1,455
Accrued Interest 560
Salaries Payable �
Gift Aid Debtor 226 1,848
Accounts Receivable 5,408 2,277
To�al ������ �����

25

Note ��Creditors �Accr�als Note ��Creditors �Accr�als Note ��Creditors �Accr�als Note ��Creditors �Accr�als
Anal��i�of c�edi�o���falling d�e �i�hin one�ea�
��Ma�ch ���� ��Ma�ch ����
� �
Accruals and deferred income 1,194 1,920
Accounts Payable 2,559 268
PAYE Payable 1,599 1,132
Earnings Orders Payable 154 �
Other creditors 1,356 536
To�al ����� �����
Deferred income comprises of income received by the charity in 2023 for activities taking place in 2024.
�
Balance at 31 March 2023 �
Amounts released to income earned from charitable activities �
Amount deferred inperiod �
Balance at 31 March 2024 �
Note ��Cash at bank and in hand Note ��Cash at bank and in hand Note ��Cash at bank and in hand Note ��Cash at bank and in hand
��Ma�ch ���� ��Ma�ch ����
� �
Current Account 11,734 113,050
PayPal 2,591 2,647
Soundcastle Ltd �Deposit 65,001 �
The Co�Operative Savings Account 90,000 �
To�al ������� �������
Note ���Tangible Fi�ed Assets Note ���Tangible Fi�ed Assets Note ���Tangible Fi�ed Assets Note ���Tangible Fi�ed Assets
Plan�and
machine��		 Comp��e�
Eq�ipmen�		 To�al
� � �
Co��
At 1 April 2023 868 3,922 4,790
Additions � � �
A���Ma�ch ���� ��� ����� �����
Dep�ecia�ion
At 1 April 2023 735 3,525 4,261
Charge for theyear 20 99 119
A���Ma�ch ���� ��� ����� �����
Net book value at 1 April 2023 133 397 529
Ne�book �al�e a���Ma�ch ���� ��� ��� ���

26

Note ���Charit�f�nds Note ���Charit�f�nds Note ���Charit�f�nds Note ���Charit�f�nds Note ���Charit�f�nds Note ���Charit�f�nds
Balance a�
�Ap�il
����		 Income E�pendi���e T�an�fe�
be��een
f�nd�		 Balance a���
Ma�ch ����
� � � �
Re���ic�ed F�nd�
National Foundation for Youth Music 2,164 87,600 �81,359� � 8,405
Arts Council England � 47,910 �47,910� � �
The National LotteryCommunityFund 7,000 20,000 �7,000� � 20,000
London Community Foundation 6,455 15,000 �16,455� � 5,000
Sussex Community Foundation 7,000 2,000 �9,000� � �
Arts Award Access Fund � 740 � � 740
The Rayne Foundation 4,000 12,000 �10,733� � 5,267
Postcode Society Trust 7,000 � �7,000� � �
Children in Need 10,000 � �9,896� � 104
The Ernest Kleinwort Charitable Trust 3,000 � �3,000� � �
The Souter Charitable Trust 3,000 � �3,000� � �
City Bridge Foundation � 30,653 �25,336� � 5,317
Heads On � 20,000 �10,000� � 10,000
The Sir Bernard and LadySchreier Foundation 2,000 �2,000� �
Hastings Borough Council�Shared Prosperity Fund � 18,750 �15,585� � 3,165
London Borough of Waltham Forest �Adult Learning
Fund		 � 2,980 �2,980� �
������ ������� ��������� � ������
Un�e���ic�ed F�nd�
Postcode CommunityTrust � 50,000 �20,000� 30,000
The Chalk Cli�Trust 5,000 � �5,000� � �
General Funds 63,330 40,412 �5,945� � 97,797
68,330 90,412 �30,945� � 127,797
To�al F�nd� ������� ������� ��������� � �������
����Compa�a�i�e�� Balance a�
�Ap�il
����		 Income E�pendi���e T�an�fe�
be��een
f�nd�		 Balance a���
Ma�ch ����
� � � �
Restricted Funds
National Foundation for Youth Music 33,785 33,988 �65,609� � 2,164
Arts Council England � 27,000 �27,000� � �
The National Lottery Community Fund 6,169 10,000 �9,169� � 7,000
London Community Foundation 11,629 15,000 �21,629� 1,455 6,455
Sussex CommunityFoundation 5,000 15,000 �13,000� 7,000
Arts Award Access Fund 68 � �68� � �
Trusthouse Community Foundation 9,500 � �9,500� � �
Arts Council England: Cultural Recovery Fund 8,481 � �8,481� � �
The Rayne Foundation 3,649 12,000 �11,649� � 4,000
Postcode SocietyTrust 20,997 � �13,997� � 7,000
Jessie�s Fund 2,084 � �2,084� � �
The Nisbet Trust 5,000 � �5,000� � �
Government KickStarter trainingelement 3,000 3,181 �6,181� � �
Children In Need � 20,000 �10,000� � 10,000
The Ernest Kleinwort Charitable Trust � 3,000 � 3,000
The Foreshore Trust � 1,000 �1,000� �
Skipton Charitable Foundation � 1,000 �1,000� �
The Souther Charitable Trust � 3,000 � 3,000
Worthing Community Trust � 1,500 �1,500� �
Waltham Forest Community In Fellowship Fund � 2,236 �2,236� �
������� ������� ��������� ����� ������

27

Unrestricted Funds
The Chalk Cli�Trust 3,000 5,000 �3,000� � 5,000
Children In Need � 500 �500� � �
London Borough of Waltham Forest 1,500 1,455 �1,500� �1,455� �
General Funds 26,724 61,139 �24,532� � 63,330
������ ������ �������� ������� ������
To�al F�nd� ������� ������� ��������� � �������
Re���ic�ed F�nd��
F�nde� De�c�ip�ion of F�nd
National Foundation for Youth Music Multi year grant funding received in 2022�23 and 2023�24 fnancial years
in support of the cross�regional Musical Beacons and Sparking Change
programmes, and development of the Soundcastle Health and Wellbeing
Agenda.
Arts Council England Grant funding received in 2022�23 and 2023�24 to support People�s Music
Sussexprogramme delivery.
The National Lottery Community Fund Grant funding received in 2022�23 and 2023�24 to support People�s Music
Sussex programme delivery.
London Community Foundation Multi year grant received in 2022�23 and 2023�24 fnancial years for
Musical Beacons London and People�s Music London programme delivery.
Sussex Community Foundation Grant funding received in 2022�23 and 2023�24 for the People�s Music
Sussexprogramme,and the continuation of essential services.
Arts Award Access Fund Grant funding received in 2021�22 and 2023�24 fnancial years for delivery
of Arts Awardqualifcations through Musical Beacons Sussex.
Trusthouse Community Foundation Grant Funding received in 2021�22 fnancial year for delivery of Musical
Beacons Hastings sessions.
Arts Council England: Cultural Recovery Fund Grant funding received in 2021�22 to support Soundcastle�s post pandemic
recovery and core development.
The Rayne Foundation Multi year grant supporting the People�s Music Sussex programme,
instalments received in 2022�23 and 2023�24.
Postcode Society Trust Grant funding received in 2021�22 fnancial year for People�s Music
programme delivery.
Jessie�s Fund Grant funding received in 2021�22 fnancial year for Musical Beacons
Bristol programme delivery.
The Nisbet Trust Grant funding received in 2021�22 fnancial year for Musical Beacons
Bristol programme delivery.
Government KickStarter training element Grant funding received in 2022�23 fnancial year for Musical Beacons
London traineeplacement.
Children in Need First two instalments of multi year grant received in 2022�23 fnancial year
for Musical Beacons Sussexprogramme delivery.
The Ernest Kleinwort Charitable Trust Grant funding received in 2022�23 fnancial year for People�s Music Sussex
programme delivery.
The Foreshore Trust Grant funding received in 2022�23 fnancial year for Musical Beacons
Hastings instruments.
Skipton Charitable Foundation Grant funding received in 2022�23 fnancial year for Musical Beacons
Bristol instruments.
The Souter Charitable Trust Grant funding received in 2022�23 fnancial year for People�s Music Sussex
programme delivery.
City Bridge Foundation First instalments of multi year grant received in 2023�24 fnancial year for
Musical Beacons London and People�s Music London programme delivery.
The Sir Bernard and Lady Schreier Foundation Grant funding received in 2023�24 for People�s Music Sussex programme
delivery.
Hastings Borough Council �Shared Prosperity Fund Grant funding received in 2023�24 fnancial year for Musical Beacons
Broomgroveprogramme delivery.
London Borough of Waltham Forest �Adult Learning
Fund		 Grant funding received in 2023�24 to support People�s Music London
programme delivery.
Worthing Community Trust Grant funding received in 2022�23 fnancial year for People�s Music Sussex
programme delivery.
Waltham Forest Community in Fellowship Fund Grant funding received in 2022�23 fnancial year for Musical Beacons
London programme delivery.
Un�e���ic�ed F�nd��
F�nde� De�c�ip�ion of F�nd
Postcode Community Trust Grant funding received in 2023�24 to support Soundcastle�s charitable
objectives and core operations.
The Chalk Cli�Trust Donation received in 2022�23 fnancial year in support of the Musical
Beacons Sussexprogramme.
Children in Need Grant funding uplift received in 2022�23 fnancial year in support of
increased core costs duringcost of livingcrisis.
London Borough of Waltham Forest Donation received in 2022�23 fnancial year in support of the Musical
Beacons London programme.

28

Note ���Anal�sis of net assets bet�een f�nds Note ���Anal�sis of net assets bet�een f�nds Note ���Anal�sis of net assets bet�een f�nds Note ���Anal�sis of net assets bet�een f�nds
Un�e���ic�ed
f�nd�		 Re���ic�ed
f�nd�		 To�al
Fund balances at��Ma�ch ����represented by:
Tangible assets 410 � 410
Current assets��liabilities� 127,388 57,998 185,386
������� ������ �������
Un�e���ic�ed
f�nd�		 Re���ic�ed
f�nd�		 To�al
Fund balances at��Ma�ch ����represented by:
Tangible assets 529 � 529
Current assets��liabilities� 67,801 49,619 117,420
������ ������ �������

Note ���Tr�stees rem�neration and e�penses

The trustees, nor any persons connected with them received no remuneration or benefits for the performance of their duties. Akhila Krishnan paid Soundcastle a monthly fee of �200 for a desk space at the Soundcastle o�ces for the period April 2023 to March 2024. Trustee Indemnity insurance was purchased on 27 March 2024.

Note ���Related part�transactions

During the period in question there were the following related party transactions:

Rachael Perrin, Co�Founder and Strategic Development Lead Gareth Wildig was paid �1,630 for website design, build and accessibility work plan photography and film work. He also received payment �288.64 as reimbursement of related expenses incurred. He is married to Rachael Perrin. From July 2023, Gareth Wildig became an employee of Soundcastle so no longer works for the charity on a freelance basis All these services were reviewed and approved by the Board in advance of the work taking place.

2�