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2024-12-31-accounts

Annual Report Wallingford Chameleon Arts Year ended 31 December 2024

1. Status

Wallingford Chameleon Arts, registered charity no. 1021045, is an unincorporated association governed by a Memorandum of Association dated 6 May 1993. It promotes a series of concerts in Wallingford, Oxfordshire under the name “Wallingford Chamber Music”

The contact address for the association is The Firs, Reading Road, Wallingford OX10 9DT.

2. Trustees

During the year, the Trustees of the Association, who also constitute its management committee, were:

Laurence Attewill (Chairman) Jeremy Boughton Elinor Carter (Secretary) - appointed 4 March 2024 Julia Cottee Julian Gallop - resigned 13 December 2024 Amanda Hines Carol Heaton - appointed 4 March 2024 Roger Morgan Kate Spence (Treasurer)

Additional or replacement Trustees are elected by the existing Trustees.

3. Charitable Purposes and Public Benefit

The primary activity of the Association is the promotion of public education in and appreciation of music by the presentation of public concerts of a high quality. These concerts are open to any member of the public; an admission charge is made, but the Trustees endeavour to set this at an affordable level representing the minimum necessary to cover the costs of operation and to maintain prudent reserves. Wallingford Chamber Music also provides free admission to under-25s. The artists employed include young professional musicians, giving them a valuable opportunity to develop their careers. In making decisions during the year, the Trustees have had regard to the public benefit guidance issued by the Charity Commission.

Wallingford Chamber Music is presented by Wallingford Chameleon Arts, a registered charity (no. 1021045)

info@wcm.org.uk | wcm.org.uk

Registered office: The Firs, Reading Road, Wallingford, Oxfordshire OX10 9DT

4. Activities during the year

Nine concerts were held during the year at the church of St Mary-le-More, Wallingford.

Concert attendance was:

Date Performance Attendance Of which,
U25
Gross
Sales
19-May Coull Quartet 104 5 £1,880
01-Jun Flutes & Frets Duo 84 1 £1,620
22-Jun D'Attellis and Miletic 119 4 £2,140
20-Jul Lipatti Piano Quartet 96 - £1,760
10-Aug Kyan Quartet 98 1 £1,880
24-Aug Excalibur Voices 133 8 £2,360
07-Sep Sacconi Quartet with Neary 133 2 £2,420
28-Sep Thames Consort 123 1 £2,460
12-Oct Ashwell with Fadina 79 - £1,560
969 22 £18,080

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5. Financial Report

The aim of the Trustees is normally to break even each year, and budgets and ticket prices are set with that objective. The continued support of the Friends, together with a generous one-off donation, were major elements in a total income.

5.1. Income

For the year 2024 £ 2023 £
Gross ticket sales 18,080 15,399
Sponsorship 2,600 1,000
Programme sales 1,077 505
Audience donations 1,023 1,054
Friends' annual subscriptions 2,290 2,335
Gift Aid: PY 787 1,202
CY 1,228 -
Other miscellaneous income 41 152
Bank interest 241 176
27,367 21,823

5.2. Expenditure

For the year 2024 £ 2023 £
Concert artist fees and expenditure 17,062 14,850
Performing Rights Society royalties 716 218
Venue hire, licensing and preparation 1,901 2,322
Printing programmes 1,004 -
Refreshments 376 594
Payment processing fees 627 515
Provision of Friends' events, ofset by contributions 71 337
Making Music fee and insurance - 449
Website redesign 700 -
Website hosting and domain fees 257 69
Publicity: design 400 650
printing 1,223 1,063
email marketing 97 -
24,434 21,067

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5.3. Financial summary, including Assets and Liabilities

As at 31 December 2024 £ 2023 £
Current Assets
Cash foat 70
-
Bank accounts: current 13,462 12,757
savings 20,436 20,195
Prepayments 709 -
Accrued income 1,228 -
Wine stocks 25 -
35,930 32,952
Current Liabilities
Creditors -45 -
Net Current Assets 35,885 32,952
Cash reserves brought forward 32,952 32,196
Income for the year 27,367 21,823
Expenditure for the year -24,434 -21,067
Reserves 35,885 32,952

The net operating income for the year was £2,933 (2023: £756). Ticket sales from the concert season were up by 17.4% from 2023 and audience attendance up by 18.5% (under-25s by 144.4%).

Current assets include prepayments for software licences which extend into 2026, and Making Music fees and insurance for 2025. Accrued income is represented by the 2024 Gift Aid claim from HMRC.

Current liabilities include an invoice for 2024 charges received post-year-end. The Trustees believe that there are no other outstanding liabilities; all amounts due having been paid.

5.4 Policy on Reserves

The policy of the Trustees has been to retain as reserves funds equivalent to at least half of the expected expenditure for the year.

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5.5 Payments to Trustees

Apart from reimbursement of actual costs incurred by Trustees on behalf of the Association, only one Trustee, Jeremy Boughton, received a payment from the Association during the year. This was a fee for professional services as Musical Director for the Thames Consort event, which was approved by the other Trustees at the AGM.

5.6 Independent Examiner's Report

"I have examined the financial records, without completing an audit, of Wallingford Chameleon Arts for the year ended 31st December 2024 and certify that the Financial Statements are in agreement therewith." - G R Hobbins, 28th February 2025

6. Friends of Wallingford Chamber Music

The Association is heavily dependent on the annual donations made by the Friends to support its activities, together with Gift Aid recovered from HMRC on these donations, and is grateful to its Friends for their continuing support. The number of Friends fell to 55 from last year's 68, although of those, 17 had not paid their annual subscription and so technically, their membership had lapsed.

Benefits to Friends' during the year were as follows:

7. Subsidies

A donation of £1,000 was received from Grundon Business Waste Management as sponsorship for the 2024 season.

Donations from individuals to sponsor two concerts in the season were received, totalling £1,600, plus Gift Aid recovery from HMRC.

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8. General meetings and changes in Officers

The Annual General Meeting for 2023 was held on 4 March 2024, at which the Annual Report for 2023 was formally adopted and the Accounts for 2023 (which had been endorsed by the Independent Examiner of Accounts) were formally received, and the Officers and Committee for 2024 elected.

David Pick stood down as Trustee and Treasurer on 31 December 2023.

Elinor Carter and Carol Heaton were appointed as Trustees.

Kate Spence was elected to the office of Treasurer.

Elinor Carter was elected to the office of Secretary.

Graham Hobbins was re-appointed as the Independent Examiner of Accounts for 2024.

Subsequently, Julian Gallop stood down as Trustee on 13 December 2024.

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