2021-12-30-accounts - Langham Arts Trust

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(also known as All Souls Music)

Trustees’ annual report (including Directors’ report) for the year ended 31st December 2021

LANGHAM ARTS TRUST Charily number: 1059611, Company number: 3281520

LANGHAM ARTS TRUST Charity number: 1059611, Company number: 3281520

(also known as All Souls Music)

Trustees’ annual report (including Directors’ report) for the year ended 31st December 2021

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LANGHAM ARTS TRUST Charity number: 1059611, Company number: 3281520 Trustees’ annual report (including Directors’ report) for the period

The directors (who also act as trustees for the charitable activities of Langham Arts Trust) have the pleasure in presenting their report and financial statements of the charity for the year ended 31st December 2021.

ACHIEVEMENTS AND PERFORMANCE Summary of the main achievements of the charity this year During the year the Trust was able to support a wide variety of activities in line with its aims and objectives. Objectives set for the year

As 2021 objectives were being set conditions were uncertain as UK lockdown rules were still in place prior to the Government's Roadmap for reopening. As a result every area of the charity's activity was attempting to navigate the uncertainty and constantly assessing and reassessing how much could be achieved with each step forward in the Roadmap. In response to this continuing situation where previous funding sources have been limited, a development plan to seek new funding sources to support the ministry was built. Through this the charity’s principle objective of advancing the Christian religion underpins all activity, which include plans:

e To support and lead the All Souls Church family in sung worship with a rich diet of hymns and songs, combining musical excellence and words which communicate the message of Christ,
e To provide music of high quality and strong content for the activities of All Souls Church and through that to encourage All Souls musicians giving their time by offering opportunities to share their skills. During this time particularly, to seek out new ways to connect and build relationships amongst the musicians to support them through these challenging times.
@ To continue to maintain close relationships for the Trust with All Souls Church charity
e To progress the targets set in the Development plan: 0 Prom Praise Together - online event in July - find a way to bring this to the public (subject to Roadmap restrictions at the time). Use the opportunity to make funding ask.
o Christmas - find a way to bring a good Christmas events to the public (exact format subject to restrictions at the time)
Improve tools (create new promotional video & upgrade ASM website)
0 Increase partner numbers & develop new relationship to build funding opportunities
e To continue to develop the Prom Praise for Schools project to fulfil the charity's overall objectives and All Souls strategy to support the community and the wider church. To bring to completion the Virtual Mega Choir project begun in 2020.

Despite the continuing challenges, the All Souls Music team worked to continue to provide an excellence of music support to All Souls Church - in fact as church services became possible the team’s work doubled as they sought to support services onsite as well as online. During this time they also continued to make efforts to support the well-being of the musicians, while partially in lockdown, through a variety of online activities. The team also reached out with social media projects, such as a Lent Playlist.

The Production team's efforts culminated in Prom Praise Together in July at which point a number of objectives converged - with a substantial livestream concert that combined musicians live in All Souls Church alongside several outstanding pre-recorded elements including items from guest artists Matt Redman and Rend Collective; the first showing of the newly created All Souls Music fundraising video; the exciting first showing of the PP4S Virtual Mega Choir song which had been written by the team and built over many hours of working with schools and finally put together by Mark Ratcliff into an unique outstanding virtual stadium. The event also included a memorial video for Peter Hart, the member of the Orchestra who died during Covid, and gave the opportunity to respect the mood of the nation.

In the second half of the year the attention turned to plans for how best to reach out through Christmas activities. In the Autumn this took the form of collaborating with the All Souls Evangelism team to create the massively high quality production that came together in the ‘Christmas Film’, which as well as All Souls Orchestra and Choir, also included London Community Gospel Choir, readers and a gospel talk.

LANGHAM ARTS TRUST Trustees’ annual report (continued) STRUCTURE, GOVERNANCE AND MANAGEMENT Langham Arts Trust is a company limited by guarantee, incorporated on 20 November 1996. It is registered with the UK Charity Commission. The company was established under its Memorandum of Association which established the objects and powers of the charitable company and governed its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Appointment and induction of Trustees

Trustees are appointed by the Board and at each Annual General Meeting one third of Board Members will retire from office. On retirement Trustees are eligible for re-election. The Articles of Association provides that the number of Trustees shall not be less than three and shall not be subject to any maximum. Trustees are also responsible for the appointment of new members, in line with their understanding of the best interests of All Souls Church. With this In mind, the addendum to the Articles includes agreement that roles of Rector (or Rector’s representative) and Churchwardens (or Churchwardens’ representatives) will always be included.

New Trustees undergo an induction to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the Council and the decision making processes and the recent performance of the charity. They meet key employees and the other Trustees.

Trustees’ & directors’ responsibilities in the preparation of financial statements

The trustees and directors are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and regulations.

The provisions of charity and company law require the trustees and directors to prepare financial statements for each financial year. Under that law, the trustees and directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Standards and applicable law). The financial statements are required by law to give a true and fair view in accordance with the United Kingdom Generally Accepted Accounting Practice of the state of affairs of the charity as at the balance sheet date, and of the incoming resources and application of resources, including income and expenditure, for that period. In preparing those financial statements, the trustees and directors are required to:

e select suitable accounting policies and then apply them consistently;
@ make judgments and estimates that are reasonable and prudent; and

e@ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue on that basis. The trustees and directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements comply with the requirements of the Charities Act 2011 and the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees and directors are responsible for the maintenance and integrity of the corporate and financial information on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Organisational structure The trustees meet approximately every quarter to manage the affairs of the charity and instruct the Senior Music Minister and General Manager. The day-to-day coordination of the charity's affairs is in the hands of the General Manager who heads the small staff team. To facilitate effective operations, the General Manager has delegated authority, within the terms of delegation approved by the Trustees, for operational matters including finance, employment, approved events and production of products produced by the company’s subsidiary. The Board is very appreciative of the work done by the small dedicated staff team who not only manage huge events in the Royal Albert Hall and support the events around the country and overseas, but also the music groups who play at three services every Sunday at All Souls and the various other services required by the Parish.

LANGHAM ARTS TRUST Charity number: 1059611, Company number: 3281520

INDEPENDENT EXAMINER’S REPORT

To the Trustees & Members of Langham Arts Trust (charity no. 1059611);

| report on the accounts of the company for the year ended 31 December 2021 as set out on pages 7 - 20.

Responsibilities and basis of report

As the charity's trustees of the Company (who are also the directors of the company 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 for this year under Part 16 of the 2006 Act and are eligible for independent examination, | 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, | have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

The company’s gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England & Wales. | have completed my examination. | confirm that no material matters have come to my attention which gives me cause to believe that, in any material respect,:

@ accounting records were not kept in accordance with section 386 of the Companies Act 2006; or e the accounts do not accord with such records; or
e the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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
e the accounts have not been prepared in accordance with the Charities SORP (FRS102).

| 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.

David E Ryan FCA Leathes Cottage Borrowdale, Keswick Cumbria CA12 5UY

De sune 2022

LANGHAM ARTS TRUST

Annual accounts for the year ended 31st December 2021

Charity No: 1059611 Company No: 3281520

Statement of Financial Activities

(including summary income and expenditure account)

		Unrestricted Income funds	Restricted income funds	Total funds		Unrestricted income funds	Restricted income funds	Restricted income funds	Totalprior year funds
		2021	2021	2021		2020		2020	2020
		£	£	-		£		£	£
Income	(Note 3)
Donations and Legacies		285,081	26,305	311,386		334,087		9,057	343,144
Charitable Activities		§3,240	-	53,240				-	-
Total Income
Expenditure	(Note4)
Raising Funds		12,425	10,290	22,715		12,822		-	12,822
Charitable Activities		322,723	43,095	365,818		311,028		17,125	328,153
Total Expenditure		1335448 53,385 388.533
Netmovement in Funds		3,173	(27,080)	(23,907)		10,237		(8,068)	2,169
Total Funds broughtforward		28,809	28,910	57,719		18,572		36,978	55,550
TotalFundsCarriedForward		531,982	1,830:	33,812	M.	-28,809.	.	28.910	91719;

LANGHAM ARTS TRUST Annual accounts for the year ended 31st December 2021 Charity No: 1059611 Company No: 3281520

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Balance Sheet
Unrestricted Restricted Unrestricted Restricted Total
income income income income prior year
funds funds Total funds funds funds funds
2021 2021 2021 2020 2020 2020
£ £ £ £ £ £
Fixed Assets
Tangible Assets (Note 10) 3,396 - 3,396 7,737 - 7,737
Investments (Note 18) 5 a 5 5 - ; 5
Current Assets
Debtors (Note 11) 38,809 38,809 32,672 - 32,672
Cash at bank & in hand (Note 13) 22,898 1,830 24,728 19,344 28,910 48,254
Creditors falling due
within one year (Note 12) 24,396 0 24,396 22,219 - 22,219
Net current assets(liabilities)
Creditors falling due
after one year 8,730 8,730 8,730 - 8,730
Funds of the Charity
Unrestricted Income funds 31,982 31,982 28,809 - 28,809
Restricted Income funds (Note 14) 1,830 1,830 28,910 28,910
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have members have have not required required the company company to obtain an audit in accordance with section 476 of the of the the Companies Act 2006. Act 2006. 2006.
The Directors acknowledge acknowledge their responsibility responsibility for complying complying with the requirements of the requirements of the of the the Conmpanies Act with Act with with respect to accounting records and the to accounting records and the accounting records and the and the the
preparation of accounts. accounts.
These accounts have been prepared in accounts have been prepared in have been prepared in been prepared in prepared in in accordance with the provisions the provisions provisions applicable to small companies subject small companies subject companies subject subject to the small companies regime and in small companies regime and in companies regime and in regime and in and in in
accordance with the Charities SORP(FRS102)
Signed by one or two trustees/directors on behalf of all the trustees/directors
Signature nn eeeee Print fullname = —a 4 —. —_
~ WAN 64 WARNES “WAL
Position COACALESLARS Date \ a\Or\2Qey > i
Signature AN Print full name ADUAW GERAST) Av)
Position “U¢EASU4 G ”d Date \ 4 4 | TL
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The members have members have have not required required the company company to obtain an audit in accordance with section 476 of the of the the Companies Act 2006. Act 2006. 2006. The Directors acknowledge acknowledge their responsibility responsibility for complying complying with the requirements of the requirements of the of the the Conmpanies Act with Act with with respect to accounting records and the to accounting records and the accounting records and the and the the preparation of accounts. accounts. These accounts have been prepared in accounts have been prepared in have been prepared in been prepared in prepared in in accordance with the provisions the provisions provisions applicable to small companies subject small companies subject companies subject subject to the small companies regime and in small companies regime and in companies regime and in regime and in and in in accordance with the Charities SORP(FRS102)

Signature of director authenticating accounts being sent to Companies House Signature Print full name

Position

Date

LANGHAM ARTS TRUST

Annual accounts for the year ended 31st December 2021 Charity No: 1059611 Company No: 3281520

Statement of cash flow

	Unrestricted	Unrestricted	Restricted	Restricted		Previous year	Previous year	Previous year
	funds		funds		Total funds		Total funds
	2021		2021		2021		2020
		£	£		£			£
Cash flows from operating activities:
Netcash provided by (used in) operating activities		3,554	(27,080)		(23,526)			16,588
Cash flowsfrom investing activities:
NetCash provided by (used in) investing activities -purchase ofequipment								(551.00)
Net Cash provided by (used in) financing activities		0		0	0			0
Change incash and cash equivalents in the reporting period	;	me 3,554		(27,080)		(23,526)	=	—-
Cash and cash equivalents atthe beginning ofthe reporting period		19,344		28,910	48,254			32,217
Change in cash and cash equivalents due to exchange rate movements		0		0	0			0
Cashand cash equivalents attheend ofthe reporting period	oe	22BOB me	hed	B29	_ 24,728		48,254
Reconciliation ofnetincome/(expenditure)to netcash flowfrom	operating activities
Net income/(expenditure) for the reporting period (as per the statment
offinancial activities)		3,173	(27,080)		(23,907)			2,169
Adjustments for:
Depreciation charges		4,341			4,341			4,341
(Increase)/decrease in debtors		(6,137)			(6,137)			7,929
Increase/(decrease) in creditors	=	2,177			2,177			2,149
Analysis oftotal cash and cash equivalents:
Cash in hand		22,898		1,830	24,728			48,254
Other		0	—_	0	ie)			0

Noles totheaccolints 8 ee Note 1. BASIS OF PREPARATION 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

~ the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with - the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and with - the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Going concern There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern 1.3 Change of accounting policy The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2. 1.4 Chanaes to accountina estimates There are no changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP),. 1.5 Material prior vear errors No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

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Note 2. ACCOUNTING POLICIES
2.1 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
: it is more likely than not that the trustees will receive the resources;
- the monetary value can be measured with sufficient reliability.
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the
FRS 102 SORP or FRS 102.
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to
5.12 FRS102 SORP),
Legacies Legacies will be included in the SOFA when receipt is probable, that is, when there has been grant of probate, the
executors have established that there are sufficient assets in the estate and any conditions attached to the legacy
are either within the control of the charity or have been met. No legacies recieved in the reporting period.
Tax reclaims on donations __ Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount
and gifts recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the
initial donation unless the donor or the terms of the appeal have specified otherwise.
Donated goods There were no donated goods, services or facilities in the reporting period
Support costs The charity has incurred expenditure on support costs.
Income from interest, There was no income from interest, royalties in the reporting period
royalties and dividends
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.
subscriptions
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as
income earned from the provision of goods and services as income from charitable activities.
Settlement of insurance No insurance claims in the reporting period
claims
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Noie 3. ANALYSIS OF INCOME

	Unrestricted	Restricted	Total	Unrestricted	Restricted
	Income	Income	Income	Income	Income	TotalIncome
	2021	2021	2021	2020	2020	2020
	£	£	£	F	£	£
Donations & Legacies
Donations and Gifts	277,604	26,168	303,772	325,967	8,607	334,574
GiftAid	7,477	137	7,614	8,120	450	8,570
Total donations and legacies
Charitable activities
Christian Music Ministry	53,240		53,240	-	-	-
Total Income
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	Expenditure	Expenditure	Expenditures	Expenditure	Expenditure	Expenditure
	2021	2021	2021	2020	2020	2020
	£	£	£.	£	£	£
Note4.ANALYSISOFEXPENDITURE
Expenditure on raising funds
Incurred seeking funds	33	10,290	10,323	76		76
Incurred seeking legacies				«
Incurred seeking grants	8,000		8,000	8,000	3	8,000
Operating a trading subsidiary	1,350		1,350	1,350		1,350
Advertising, marketing,	184		184	-
direct mailingand publicity	2,858		2,858	3,396		3,396
		,
Expenditure on charitable activities
Christian Musicministry	322,723	43,095	365,818	311,028	17,125	328,153
TotalExpenditure

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Note 8. DEFINED CONTRIBUTION TO PENSION SCHEME
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(or defined benefit scheme accounted for as a defined contribution scheme)

8.1 Defined contribution pension scheme

Amount of contributions recognised in the SOFA as an expense Basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds:

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2020
£
£17,845
Pension scheme is allocated as
unrestricted expense
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Note 9. GRANTMAKING

9.1 Analysis of all grants paid (included in cost of charitable activities)

: Grants to Grants to

Note 10. TANGIBLE FIXED ASSETS

10.1 Cost or valuation

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At Fixtures, fittings and equipment . 2 ioe
Additions beginning of the year |423054230 679
Revaluations a
TransfersDisposals eseebeeshrs Seeae)
rr ee | eee
10.2 Depreciation and impairments (Straight Line ("SL") or Reducing Balance ("RB")
“Basis SLorRB |
At beginning of the year 46,493 46,493 42 152
Disposals Eee ee 0 ee ee
Depreciation 4,341
TransfersImpairment aee ee
At end of the yearee50,834 re50,834 ee
10.3 Net book value
Net book value at the beginning of the year 7,737 11,527
Netbook
value atthe end ofthe year = [S398 SSSSC~YSCSC=i Sr
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ANGTeSHO INE ACCOUNIScontd. te alee ern ot rein siete AEs ie

14. CHARITY FUNDS

14.1 Details of restricted funds held and movements during the CURRENT reporting period

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|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| | Key: PE|- permanent endowment funds; EE|- expendable endowment funds; R|- restricted income|funds,|including special trusts,|of| |the|charity;|and U|-|unrestricted|funds| |Type|b fund|Gains|5 tes| |Fund|PE, EE|Purpose|and|alances|and|alances| |names|Ror|Restrictions|brought|Expenditure|||Transfers ||losses|||carried| |UR||£|£|£|£|£| |All|Souls|Orchestra|For support|of the|orchestra| |International|po international activity|1,646|1,646| |Prom|Praise|for|For|PP4S|special|education| |Total|Funds as per balance sheet Y 28,9|LOC|26;305%2|e253|38 ba|||Ouse pe|Oe)|4,829-73°|| |14.2|Details|of|restricted|funds|held|and|movements|during|the|PREVIOUS|reporting|period| |TypePE,|Purpose and|balancesFund|Gainsa|balancesFund| |EE,R|RestrictionsParr|brought|.|and|carried| |or UR*|forward|Expenditure||Transfers||losses|||forward| |£|£|£|£|£| |All|Souls|Orchestra|For|support|of the orchestra| |Total|Funds as per balance sheet]|36 978|:|||9,057||)|(47,125)|S||;|u|0|ik|0|Mbit|2838|oO.|

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14.3 Transfers between funds

There were no transfers between funds during the reporting period