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2025-03-31-accounts

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Jackdaws Educational Trust

Contents of the Financial Statements for the Year Ended 31 March 2025

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||||||||| |---|---|---|---|---|---|---|---| |Page| |Report|of the|Trustees|1|to|4| |Independent|Examiner's|Report|5| |Statement|of Financial|Activities|6| |Balance|Sheet|7|to|8| |Notes|to|the|Financial|Statements|9|to|15| |Detailed|Statement|of Financial|Activities|16|to|17|

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Jackdaws Educational Trust

Report of the Trustees

for the Year Ended 31 March 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)

OBJECTIVES AND ACTIVITIES

Objectives and Activities Core Values Access, Inclusion and Inspiration. Mission Statement To enable creative expression by Bringing Music to Life.

Jackdaws is dedicated to improving and extending participation in and the enjoyment of, music and the arts, through active, innovative projects, believing that this can positively change people's lives.

Significant activities

WEEKEND MUSIC COURSES

During the year Jackdaws offered a programme of weekend music courses for adult amateur and professional musicians at every level of attainment. The weekends featured courses for pianists, singers, string and wind players, together with some ensemble courses. They were led by eminent musicians and teachers from across the industry. In total Jackdaws offered 47 courses which attracted enthusiastic participants both young and old, new and regular attendees. The overwhelming feedback from participants praised the quality of the courses and teaching, provided in the supportive and friendly atmosphere of Jackdaws as well as the beautiful location and the fantastic food!

EDUCATION AND OUTREACH PROGRAMME

In addition to the year ~~-~~ round programme for adult musicians, Jackdaws ran a wide ~~-r~~ anging roster of educational and outreach events for young people throughout Somerset. Jackdaws is a lead partner for Sound Foundation Somerset, the Somerset music hub and specialises in running large scale projects to inspire children and young people, through the opportunity of performing with talented young professionals in art forms that may be new to them, such as opera. The full programme of projects took place this year involving over 3000 young Somerset residents. These projects received funding from the Somerset music hub ~~-~~ Sound Foundation Somerset (from September 2024 Octagon Music Hub ~~-~~ the combined music hub for Somerset and Dorset) , the Arts Council of England and a number of private Trusts.

Opera Plus

April 2024

Opera Plus is a project designed to introduce children to opera and it is often their first experience of the art form. Directed by Jackdaws’ Artistic Director, Saffron Van Zwanenberg, the company of young professional singers plus a pianist create a production of a well known opera. They then run workshops in schools about the work and rehearse the children in their role which they perform as part of a performance for parents later in the term. This year’s production was the Barber of Seville, renamed The Stylist of Somerset and was a final outing for this piece (for a while at least) having been all over the county in the last three years. Performances took place with pupils from 10 schools in Frome, Castle Cary, Yeovil and Sedgemoor engaging with around 1,000 people.

Song Story

July 2024

Brilliant Beethoven!

Song Story is a project for Somerset SEND schools and a team of director, musician, singer and actor work with the schools to develop and perform a work for their fellow school pupils and parents. This year’s project involved around 100 children with very wide ranging abilities from 4 SEN schools across Somerset on the Beethoven project.

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Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2025

OBJECTIVES AND ACTIVITIES

Summer Production

August 2024

The Summer Production is a week ~~-l~~ ong project for 20 teenagers at the start of the summer who create a show from scratch which they perform on the Friday. They are given a choice of works by a range of authors, designers and composers and then choose three to use as the basis of the production. This year they created and performed a production of The Tempest, with music inspired by Mahler and art inspired by Grayson Perry which was a great success with the audience of watching friends and parents.

Year of the Recorder

March 2025

The Year of ... project is designed to build on children’s experience of whole class music tuition by introducing them to a specific instrument. Following last year’s very popular Year of the Recorder with Anna Stegmann and Tabea Debus in the Frome area we took it to Chard and Yeovil and the surrounding towns and villages, The duo visited 14 schools, giving a performance to the whole school and running a workshop for those pupils at the school who were learning an instrument. A thousand children took part, with two large concerts at Holyrood school involving all the schools who took part.

Jacks Music Club

Year Round

Jackdaws’ weekly music club for teenagers meets every Friday during term time and participants have the opportunity to work with a diverse range of local tutors and also with those tutors visiting Jackdaws to lead the weekend music courses. The weekly sessions encourage ensemble playing in an informal and social setting.

Singing Strategy

Through its Artistic Director, Saffron van Zwanenberg, Jackdaws is part of the team leading on the singing strategy for Somerset music hub and this year created a choir competition for all maintained schools which was a great success, alongside many other events.

FINANCIAL REVIEW

Financial position

We would like to thank the Trusts and individuals who have donated funds for projects this year, which has supported the funding received from the Arts Council and Sound Foundation Somerset, including The Chelsea Square 1994 Trust, the Rosemary Bugden Charitable Trust, the D’Oyly Carte Charitable Trust and Scops Arts Trust.

A new water treatment plant was installed in April 2024, funded almost entirely by donations from our supporters, to improve our wastewater management. We are extremely grateful for this support.

Investment policy and objectives

The trustees consult with the professional advisors of the Trust where appropriate to ensure maximum growth in capital on any investments, which the trust holds.

Reserves policy

The trustees are aiming towards retaining reserves which will underwrite the operation of Jackdaws for six months.

The Trust continued to run courses in the year from Jackdaws. It plans to run further such courses during the forthcoming year.

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Jackdaws Educational Trust

Report of the Trustees

for the Year Ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees submit their report for the year ended 31st March 2025. This report is prepared in accordance with the Trust Deed and the recommendation of the Statement of Recommended Practice 2005 ~~-~~ Accounting and reporting by charities and complies with the applicable law.

Jackdaws was incorporated as a limited company on 19 April 1994

It is governed by a trust deed. Jackdaws is governed by a Board of Trustees (Currently 6 in number) to whom the Artistic Director and Development Manager report on a regular basis at Trustee meetings which are held at Jackdaws at least twice a year and more frequently if required. The Trustees take advice from professionals and other advisers when required.

Recruitment and appointment of new trustees

The board of trustees appoints new trustees as appropriate. New trustees receive induction and training for their role by meeting with the Chairman, current trustees, senior staff and Jackdaws' accountant who advises on the role of the trustees and legal requirements.

Risk management

The trustees have assessed the major risks to which the charity is exposed, in particular to those related to the operations and finance of the Trust and are satisfied that systems are in place to mitigate our exposure to major risk.

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Independent Examiner's Report to the Trustees of Jackdaws Educational Trust

Independent examiner's report to the trustees of Jackdaws Educational Trust ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's 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’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity'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.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member ofa listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  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

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts givea true and fair view which is not a matter considered as part of an independent examination; or

  3. 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.

Niall O'Driscoll

The Chartered Institute of Management Accountants

Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BAS 2PQ

Date: oo. eeeeescecesceeeseeeeseeeseaeeeneeees

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Jackdaws Educational Trust

Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations, Legacies and Grants 2 64,762 2,501 67,263 38,009
Charitable activities
Courses 129,080 ~~-~~ 129,080 129,181
Concerts and Events ~~-~~ 44,848 44,848 51,849
Outreach Ticket Sales - - - 394
Maureen Lehane Vocal Awards ~~-~~ 1,000 1,000 3,470
Hire ofBuilding 3,466 ~~-~~ 3,466 4,529
Jacks ~~-~~ 175 175 ~~-~~
Investment income
Total
EXPENDITURE ON
Charitable activities
Concerts and Events
Maureen Lehane Vocal Awards
3 9,346
206,654
~~-~~
-
~~-~~
48,524
43,010
-
9,346
255,178
43,010
-
9,489
236,921
36,917
8,231
Courses 70,607 ~~-~~ 70,607 73,256
Wages 35,754 19,252 55,006 52,918
Other 64,550 20,207 84,757 67,560
Total 170,911 82,469 253,380 238,882
NET INCOME/(EXPENDITURE) 35,743 (33,945) 1,798 (1,961)
RECONCILIATION OF FUNDS
Total funds brought forward 138,567 351,037 489,604 491,565
TOTAL FUNDS CARRIED
FORWARD
174,310 317,092 491,402 489,604
CONTINUINGOPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

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Jackdaws Educational Trust

Balance Sheet

31 March 2025

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |31.3.25|31.3.24| |Unrestricted|Restricted|Total|Total| |funds|fund|funds|funds| |Notes|£|£|£|£| |FIXED|ASSETS| |Tangible|assets|9|122,194|74,306|196,500|207,522| |CURRENT|ASSETS| |Debtors|10|141,659|253,241|394,900|405,275| |Cash|at|bank|43,053|104|43,157|37,361| |184,712|253,345|438,057|442,636| |CREDITORS| |Amounts|falling|due|within|one|year|11|(40,946)|(10,559)|(51,505)|(64,693)| |NET CURRENT|ASSETS|143,766|242,786|386,552|377,943| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|265,960|317,092|583,052|585,465| |CREDITORS| |Amounts|falling|due|after more|than|one|year|12|(91,650)|-|(91,650)|(95,861)| |NET ASSETS|174,310|317,092|491,402|489,604| |FUNDS|14| |Unrestricted|funds:| |General|fund|154,310|118,567| |Property|Repairs|and Maintenance|20,000|20,000| |174,310|138,567| |Restricted|funds|317,092|351,037| |TOTAL FUNDS|491,402|489,604|

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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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Jackdaws Educational Trust

Notes to the Financial Statements for the Year Ended 31 March 2025

ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, other are apportioned on an appropriate basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

~~-~~ 15% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post ~~-~~ retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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Jackdaws Educational Trust

Notes to the Financial Statements ~~-~~ continued for the Year Ended 31 March 2025

  1. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

STAFF COSTS

The average monthlynumber ofemployees during the yearwas:~~-~~ 31/03/25 31/03/24 31/03/24
3 3
No employees received emoluments in excess of£60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
£ £ £
INCOMEAND ENDOWMENTS FROM
Donations, Legacies and Grants 33,260 4,749 38,009
Charitable activities
Courses 129,181 ~~-~~ 129,181
Concerts and Events ~~-~~ 51,849 51,849
Outreach Ticket Sales ~~-~~ 394 394
Maureen Lehane Vocal Awards ~~-~~ 3,470 3,470
Hire ofBuilding 4,529 ~~-~~ 4,529
Investment income 9,489 ~~-~~ 9,489
Total 176,459 60,462 236,921
EXPENDITURE ON
Charitable activities
Concerts and Events ~~-~~ 36,917 36,917
Maureen Lehane Vocal Awards ~~-~~ 8,231 8,231
Courses 73,256 ~~-~~ 73,256
Wages 34,397 18,521 52,918
Other 51,880 15,680 67,560
Total 159,533 79,349 238,882
NETINCOME/(EXPENDITURE) 16,926 (18,887) (1,961)
RECONCILIATION OF FUNDS
Total funds brought forward 121,641 369,924 491,565
TOTALFUNDSCARRIEDFORWARD 138,567 351,037 489,604

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Jackdaws Educational Trust

Notes to the Financial Statements ~~-~~ continued for the Year Ended 31 March 2025

9. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£ £ £
COST
At April 2024 and 31 March 2025 268,830 31,110
DEPRECIATION
At April 2024 63,100 29,318
Charge foryear 10,753 269 11,022
At 31 March 2025 73,853 29,587 103,440
NETBOOKVALUE
At 31 March 2025 194,977 1,523 196,500
At 31 March 2024 205,730 1,792 207,522
10. DEBTORS
Amounts falling due within one year: 31.3.25
£
31.3.24
£
Other debtors 2,106 21,659
Amounts falling due aftermore than one year:
Jackdaws (Coach House) Limited 392,794 383,616
Aggregate amounts 394,900 405,275
The debtor relates to moneyowedbyJackdaws (Coach House) Limited in relation to The Coach House building.
11. CREDITORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 13) 31.3.25
£
4,836
31.3.24
£
4,533
Social security and other taxes (315) 754
Accrued expenses 1,800 1,800
Deferred Income 45,184 57,606
51,505 64,693

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Jackdaws Educational Trust

Notes to the Financial Statements ~~-~~ continued for the Year Ended 31 March 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |12.|CREDITORS:|AMOUNTS|FALLING|DUE|AFTER MORE|THAN|ONE|YEAR| |31.3.25|31.3.24| |£|£| |Bank|loans|(see|note|13)|91,650|95,861| |13.|LOANS| |An|analysis|of the|maturity|of loans|is|given|below:| |31.3.25|31.3.24| |£|£| |Amounts|falling|due|within|one|year on demand:| |Bank|loans|4,836|4,533| |Amounts|falling|between|one|and|two|years:| |Bank|loans|-|1|-|2|years|5,212|4,885| |Amounts|falling|due|between two|and|five|years:| |Bank|loans|-|2|-|5|years|18,191|17,050| |Amounts|falling|due|in more|than|five|years:| |Repayable|by|instalments:| |Bank|loans|more|5|yr by|instal|68,247|73,926| |14,|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1.4.24|in|funds|31.3.25| |£|£|£| |Unrestricted|funds| |General|fund|118,567|35,743|154,310| |Property|Repairs|and|Maintenance|20,000|-|20,000| |138,567|35,743|174,310| |Restricted|funds| |Restricted|Fund|351,037|(33,945)|317,092| |TOTAL FUNDS|489,604|1,798|491,402| |Net movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|206,654|(170,911)|35,743| |Restricted|funds| |Restricted|Fund|48,524|(82,469)|(33,945)| |TOTAL FUNDS|255,178|(253,380)|1,798|

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Jackdaws Educational Trust

Notes to the Financial Statements ~~-~~ continued for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS ~~-~~ continued

Comparatives for movement in funds

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Net| |movement|At| |At|1.4.23|in|funds|31.3.24| |£|£|£| |Unrestricted|funds| |General|fund|101,641|16,926|118,567| |Property|Repairs|and|Maintenance|20,000|-|20,000| |121,641|16,926|138,567| |Restricted|funds| |Restricted Fund|369,924|(18,887)|351,037| |TOTAL FUNDS|491,565|(1,961)|489,604| |Comparative|net movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|176,459|(159,533)|16,926| |Restricted|funds| |Restricted Fund|60,462|(79,349)|(18,887)| |TOTAL FUNDS|236,921|(238,882)|(1,961)| |A|current|year|12|months|and prior|year|12|months|combined|position|is|as|follows:| |Net| |movement|At| |At|1.4.23|in|funds|31.3.25| |£|£|£| |Unrestricted|funds| |General|fund|101,641|52,669|154,310| |Property|Repairs|and|Maintenance|20,000|-|20,000| |121,641|52,669|174,310| |Restricted|funds| |Restricted Fund|369,924|(52,832)|317,092| |TOTAL FUNDS|491,565|(163)|491,402|

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Jackdaws Educational Trust

Detailed Statement ofFinancial Activities
for the Year Ended 31 March 2025
31.3.25 31.3.24
£ £
INCOME AND ENDOWMENTS
Donations, Legacies and Grants
Friends Subscriptions 6,364 6,614
Donations 34,521 4,145
Gift aid 1,378 ~~-~~
Grant Income
Investment income
Deposit account interest
Loan Interest
Charitable activities
Concerts and Events
Outreach Ticket Sales
25,000
67,263
168
9,178
9,346
44,848
~~-~~
27,250
38,009
311
9,178
9,489
51,849
394
Maureen Lehane Vocal Awards 1,000 3,470
Courses 129,080 129,181
Hire ofBuilding 3,466 4,529
Jacks 175 ~~-~~
178,569 189,423
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Courses
Maureen Lehane Vocal Awards
255,178
44,005
69,311
~~-~~
236,921
42,335
72,789
8,231
Concerts and Events 43,010 36,917
Refunds 1,296 467
157,622 160,739
Other
Bank loan interest 7,855 8,777
Support costs
Management
Wages 11,001 10,583
Pensions 1,650 1,588
Insurance 11,341 10,775
Light and heat 5,068 4,424
Telephone 2,571 2,293
Carriedforward 31,631 29,663

This page does not form part of the statutory financial statements

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