## **Trustees’ Annual Report for the period** ## **From 1st April 2023 Period start date To 31st March 2024 Period end date** ## **Charity name: Creative Pulse** ## **Charity registration number:** 1202476 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|_For the public benefit to advance the_
_education of children and people who are in_
_socially and financially disadvantaged_
_circumstances, by providing them with_
_instrumental music lessons and other_
_musical, artistic and creative opportunities_
_free of charge._| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and 1.19|Creative Pulse provide free instrumental
music lessons, band and poetry club for
children from Woolwich and surrounding
areas. This provision is called Woolwich
Creative Club. The club takes place weekly,
but with additional trips and activities at
weekends and during school holidays.
Creative Pulse could potentially provide
additional but similar free music and arts
provision in the future.| |Statement confirming whether
the trustees have had regard
to the guidance issued by the
Charity Commission on public
benefit|Para 1.18|The trustees are in agreement that Creative
Pulse is run for public benefit.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: SORP reference Creative Pulse does not make grants. Para 1.38 Policy on grant making |Policy on social investment
including program related
investment|Para 1.38|Creative Pulse does not make social
investments.| |---|---|---| |Contribution made by
volunteers|Para 1.38|Creative Pulse has one volunteer who helps
to teach keyboard to the children at the
Woolwich Creative Club during each weekly
2 hour session.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|During this year, we had an average of 18
children attending Woolwich Creative Club
each week, with a total of 30 children
attending at least 3 times.
Our regularly attendees have performed
three times to audiences of friends and
families. They are able to learn:
piano/keyboard, drum kit, trumpet, flute,
guitar and bass guitar.
We have a website for information:
https://creativepulse.org.uk/
And an instagram post illustrating some of
our achievements
@_woolwich_creative_club_| ## **Financial Review** |Review of the charity’s
financial position at the end of
the period|Para 1.21|Creative Pulse ended the financial year April
2023 - March 2024 with a cash balance of
£10,470.28. This equates to approximately
an ability to run for a further three months
(quarter of a year) delivering Woolwich
Creative Club on a weekly basis.
This balance is unrestricted funds. However,
Creative Pulse does not consider them
reserves as we will utilise them in the first
quarter of the new financial year.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|As a new charity, running for eight months
Creative Pulse focused on ensuring that we
were able to continue our core delivery of
Woolwich Creative Club. As a board of
trustees we were actively looking 3 - 12
months ahead to ensure we could continue
delivering our charitable objectives and
maintain consistent support for our young
beneficiaries.
Now, after a positive first year of delivery, the
board will agree a reserve level and finalise a
policy for holding reserves.| |Amount of reserves held|Para 1.22|At the end of March 2024 Creative Pulse held
£10,470 in unrestricted and unallocated
funds.| |Reasons for holding zero
reserves|Para 1.22|To date, we have not had reserves as we do
not have any overheads to pay which would
be at risk if we run out of funds. For example,
all of the staff are freelance and rent a venue
on a week by week basis.
However, going forward it has been agreed
by trustees that we will hold reserves of
£2000. This will allow us to give the children
two weeks notice if we need to pause our
provision in the event of insufficient funds to
pay our freelance tutors.| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|We are determined to continue the charity as
a going concern, applying for any relevant
funding when we become aware of it.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||||| |---|---|---|---|---| ||||Our principal sources of funding for the year|| ||||2023 - 2024 were:|| ||||two unrestricted grants: one of £10,000 from|| ||The charity’s principal|Para 1.47|the John & Penelope Lebus Trust, and a|| ||sources of funds (including||Youth Music award of £3,784. Creative Pulse|| ||any fundraising)||also received restricted fund grants of|| ||||£6,000 ( £5,400 of it received in 2023-24)|| ||||from Black History Month 365 - a Royal|| ||||Borough of Greenwich fund, and a Royal|| ||||Borough of Greenwich Community &|| ||||Voluntary Sector grant of £4,500|| ||Investment policy and|||| ||objectives including any|Para 1.46||| ||social investment policy|||| ||adopted|||| ||A description of the principal||The principal risks for Creative Pulse in|| ||risks facing the charity||relation to expenditure are potential rises in|| |||Para 1.46|costs for venue hire, tutor fees, and|| ||||refreshments, as well as cost of instruments|| ||||and instrument repairs.|| ||||On the income side major risks are continued|| ||||access to varied grant streams. Currently we|| ||||have reliance on John and Penelope Lebus|| ||||Trust who have agreed to fund us £15,000|| ||||per year over the period 2024 - 2027. We|| ||||need to raise a further £20,000 per year in|| ||||order to produce a full programme of|| ||||educational events for the children.|| ||Other|||| |||||| ## **Structure, Governance and Management** |Description of charity’s trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution for a CIO whose only voting**
**members are its charity trustees**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Charitable Incorporated Organisation**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|(1)
Apart from the first charity
trustees, every trustee must
be appointed [for a term of
three years] by a resolution
passed at a properly
convened meeting of the
charity trustees.
(2)
In selecting individuals for
appointment as charity
trustees, the charity
trustees must have regard
to the skills, knowledge
and experience needed for
the effective administration
of the CIO.| ## **Reference and Administrative details** |Charity name|Creative Pulse| |---|---| |Other name the charity uses|None| |Registered charity number|1202476| |Charity’s principal address|C/o Tramshed
51-53 Woolwich New Road
Woolwich
SE18 6ES| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20||**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name**
**of**
**perso**
**n (or**
**body)**
**entitl**
**ed to**
**appoi**
**nt**
**truste**
**e (if**
**any)**| |---|---|---|---|---|---| |||Samantha Steele|Chair||| |||Precious Jeffers|Treasurer||| |||Maria Taylor|Designated
Safeguarding Lead||| |||Sophie Nicol|||| |||Roger Wilson|||| |||Adrian Reid|||| |||Jai Patel|||| |||Richard Gray|||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| Corporate trustees – names of the directors at the date the report was approved **Director name NONE** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**NONE**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets held
in this capacity|NONE| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|| |Details of arrangements for
safe custody and segregation
of such assets from the
charity’s own assets|| ## **Additional information (optional)** **Names and addresses of advisers (Optional information)** |**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**| |---|---|---|---| ||||| ||||| ||||| ||||| |**Name of chief executive or names of senior staff members (Optional information)**|||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
**----- End of picture text -----**
|Grants
Unrestricted income|**RBG VCS**|**BH365**|**External Delivery**|**Unrestricted**|**Total funds**| |---|---|---|---|---|---| ||**Actual**
**Budget**
£4,500
£0|**Actual**
**Budget**
£5,400
£0|**Actual**
**Budget**
£750
£0|**Actual**
**Budget**
0
£13,784|**Actual**
**Budget**
£10,650
£13,784| |**Total income**|**£4,500**|**£5,400**|**£750**|**£13,784**|**£24,434**| |Exp on salaries
Exp on overheads
Exp on projects|£4,283
£0
£353|£5,250
£11.75
£387|£600|£2,750
£0
£329|£12,883
£12
£1,069| |**Total expenditure**|**£4,636.26**|**£5,648.37**|**£600**|**£3,079**|**£13,963.92**| ||||||| |**Net income / (expenditure)**|**-£136.26**|**-£248.37**|**£150**|**£10,705**|**£10,470.28**| |Transfer
Total funds brought forward from last year|£0|£0|£0|£0|£0
£0| |**Total funds carried forward to next year**|**-£136.26**|**-£248.37**|**£150**|**£10,705**|**£10,470.28**|