(also known as All Souls Music) Trustees’ annual report (including Directors’ report) for the year ended 31st December 2023 LANGHAM ARTS TRUST Charity 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 2023 |Index|Page| |---|---| |Trustees’ Report|1| |Independent Examiner’s Report|5| |Statement of Financial Activities|7| |Balance Sheet|9| |Statement of cash flows|11| |Notes on the Accounts|13-20| 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 2023. ## 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** 2023 saw a surge in activity for Langham Arts, with new development plans and objectives. The ‘Coronation Prom’ in May was a huge success, celebrating King Charles III’s coronation on 6 May 2023 at the Royal Albert Hall. The event was all but sold out with thousands gathering together including many ambassadors from countries who had attended the coronation earlier in the day. The charity’s principle objective of advancing the Christian religion through music continues to underpin all activity, which include ongoing plans: - ●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, - ●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. Also, to seek out new ways to connect and build relationships amongst the musicians to support them. - ●To continue to maintain close relationships for the Trust with All Souls Church charity - ●To progress plans for outreach events already planned: - Prom Praise - returning to the Royal Albert Hall for the ‘Coronation Prom’ - Supporting planned conferences and events. - Christmas - rebranding as ‘Christmas Unwrapped’ looking at the Biblical message running through Christmas movies - ●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 - at this point particularly to develop themes and plans for the return to the Royal Albert Hall in 2024. - ●To build on the development discussion with Stewardship Philanthropy department All Souls Music team worked to continue to provide an excellence of music support to All Souls Church and the wider community. This included providing a high quality music provision for the significant moments in the year including Easter, Christmas and the Cornerstone week away. The Coronation Prom was a highlight of the start of 2023, with a packed venue and a Livestream which at time of writing has already had well over 200,000 views. Our Summer concert was well attended and we also launched our brand new website, helping people engage more easily with the charity. In the Autumn, we hosted many of our supporters at our Inaugural Vision Dinner, sharing our vision for the coming season and asking people to get involved. Christmas at the Movies and the All Souls Music carol services were a wonderful way to end the year, seeing thousands come through the doors of All Souls Langham Place. Planning for 2024, we are getting ready to celebrate the Olympics and the life of Eric Liddell at Prom Praise: Chariots of Fire in May as well as making plans to get the All Souls Orchestra back out on the road at Festivals and on location at local Churches. We also hope to help All Souls Langham Place celebrate their 200th Anniversary and launch a Youth Orchestra in the Summer. 1 Trustees’ annual report (continued) ## LANGHAM ARTS TRUST _Prom Praise for Schools_ plans are gathering momentum with registrations ongoing and the curriculum being distributed to participating schools around the theme of _King David: A Hero’s Journey_ , due to culminate at the Royal Albert Hall in March 2024. Our programme of regular training and gathering opportunities continued, where musicians join the Choir on Thursday evenings for bible study and practical training, in addition to the now established Music Ministry Gatherings and New Musicians evenings. The development work with Stewardship progressed and a new Director of Development and Operations was appointed in February. In every part of this activity, the Trustees are very conscious of and grateful for the massive commitment of time and gifts given freely by so many from the players and singers to the unseen support behind the scenes in roles as diverse as operating cameras, catering support, loading equipment and more. In preparing their statements on public benefit, contained within this trustees annual report, the Trustees have had regard to the guidance issued by the Charity Commission on public benefit ## FINANCIAL REVIEW ## **Financial position at end of the period** The company experienced a surplus of £1,678 compared with the deficit of £2,895 for the previous reporting period to December 2022. ## **Reserves** This brought the charity reserves to £32,595 (of which £17,048 is unrestricted). The Trustees policy is to aim to hold in unrestricted reserves three months working capital. ## **Risk assessment policy** The systems of internal control are designed to identify risk. They include: - a strategic plan and an annual budget approved by the board; - regular consideration by the board of financial results and variance from budgets; - segregation of duties and identification and management of risk. The major risks to which the charity is exposed, as identified by the trustees, are reviewed on a regular basis. The board seeks to ensure that appropriate systems, controls and procedures are put in place to minimise all risks. The principal risk of the present time concerns the on-going challenges of post-pandemic recovery and on-going uncertainty about the return of live events. The Board is continuing to monitor this area and seeking new funding options. ## **Principal Sources of funds** The charity continues to be dependent on the following sources: The Trustees were extraordinarily grateful for the continuing support of many committed supporters - including those in the All Souls Music Partnership who continued their regular contributions. In addition a number of generous individuals made increased donations and particularly responded generously to the Big Give Christmas Challenge at the end of the year. We also launched a new Membership scheme, which had a good initial uptake and will continue to be invested in, in 2024. The Trustees are also grateful to a number of supportive suppliers who have discounted their services, particularly the technical teams who are committed to seeing our ministry survive these difficult times. The Trustees would also like to acknowledge the continuing support of All Souls Church PCC in a number of areas including the provision of office facilities. 2 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: - select suitable accounting policies and then apply them consistently; - make judgments and estimates that are reasonable and prudent; and - 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 his Senior Leadership Team. With the appointment of a Director of Development & Operations, a new Senior Leadership Team was formed, consisting of the Director of Development & Operations, Executive Producer, Head of Outreach Projects, Head of Church Family Music Projects and led by the Director (Senior Music Minister). To facilitate effective operations, the Senior Leadership Team 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. 3 LANGHAM ARTS TRUST Truste8s' annual report (contlnued) REFERENCE AND ADMINISTRATIVE INFORMATION Langham Arts Trust (also known as All Souls Music} is a registered charity and a company limited by guarantee with no share capital. Charity r¢umber.' 1059611. Company number. 3281520 Registered address.. 2 All Souls Place, London W1 N 3DB Principal address.. St Paul's Church, Robert Adam Street, London W1 U 3HW Dlre¢tors The following seThed as Trustees from 1st January 2023 to the date of this report unless otherwise stated- J Twiss {Chairmanl (resigned 4 July 2024} J Payne {Secrelaryl (resigned as Director 4 July 2024} L Glbson Y Ibbett S Leeds A Sebastian {resigned September 20231 stephen James (appointed 4 July 20241 None of the above hold tille lo property belonging to the charfty. or held any assets as custodian trustees on behalf of others Independent Examlner The Company does not meet the requirement for the Flnancial Stalemenls to be avdiled. David Ryan (Leathes Cottage. Borrowdale, Keswick, Cumbria CA12 5UYI has taken the appointment to examine our records and Financial Statements. Bankers at December 2023 Barclays Bank plc. 819 Hanover Square, London W1A 4ZW DECLARATIONS The company has taken advantage of the small companie5. exemption in preparin9 the report above. The trustees declare that they have approved the Trustees. report (including directors. report) above. Signed on behalf of the charity's trustoesldlrectors: Slgnature Full name Posltlon CLLQLr- i LAI Date 17, **** Slgnatura Full name ff QLAKtD4 168fi Posltlon Date LANGHAM ARTS TRUST Charity nurnber.. 1059611. Company number.. 3281520 INDEPENDENT ￿MINERs REPORT To the Trustees & Members of Langham Arts Trust ('the Company,)., I report to the charity trustees on rny examination of the accounts of the Company for the year ended 31st of December 2023. Responsibllltles and basis of report As the charity's trustees of the Company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. {'the 2006 Aot'i. Having satisfied myself that the ac¢ounts 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 reS￿ct of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act'l. In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145{b) of the 2011 Act. Independent examlner's Statement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Walas, which is one of the listed bodies. I have completed my examination. I confirmed that no matt6rs have comè to my attention in connection with the examination giving me cause to believe.. 1. accounting records were not kept in respecl of the Company as required by section 386 of the 2006 Acl,. or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting requirements of section 396 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 independènt examination,. or 4. Ihe accounts have not been prepared in accordan￿ with the melhods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charsties preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. However, I draw attention to Nole 1.2 of the accounts which relates to the matsrial uncertainty on the level of unrestricted donations. I have no COn￿mS and have come across no other matters in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the account to be reached. Signed: Date: 24 Name.. David E. Ryan Fellow of the Institute of Chartered Accountants in England and Wales Leathes Cottage, Borrowdale, Keswick, Cumbria. CA12 SUY ## LANGHAM ARTS TRUST ## **Annual accounts for the year ended 31st December 2023** Charity No: 1059611 Company No: 3281520 ## Statement of Financial Activities (including summary income and expenditure account) ||**Unrestricted**
**Income**
**funds**
**Restricted**
**income**
**funds**
**_Total_**
**_funds_**
**2023**
**2023**
**2023**
**_£_**
**_£_**
**_£_**|**Unrestricted**
**income**
**funds**
**Restricted**
**income**
**funds**
**_Total prior_**
**_year funds_**
**_2022_**
**_2022_**
**_2022_**
**_£_**
**_£_**
**_£_**| |---|---|---| |**Income**
(Note 3)
Donations and Legacies
Charitable Activities
**Total Income**
**Expenditure**
(Note 4)
Raising Funds
Charitable Activities
**Total Expenditure**
**Net movement in Funds**
**Total Funds brought forward**
**Total Funds Carried Forward**||| ||253,373
93,166
346,539
208280
23,306
231,586|289,891
13,992
303,883
162,804
-
162,804| ||461,653
116,472
578,125|452,695
13,992
466,687| |||| |||| ||6,856
5,000
11,856
467,037
97,554
564,591|12,046
10,601
22,647
443,343
3,592
446,935| ||473,893
102,554
576,447|455,389
14,193
469,582| ||(12,240)
13,918
1,678|-2,694
-201
-2,895| ||29,288
1,629
30,917|31,982
1,830
33,812| ||**17,048**
**15,547**
**32,595**|29,288
1,629
30,917| |||7| LANGHAM ARTS TRUST Annual accounts for the year tndèd 31st De¢•mbgr 2023 Chafity No.. 1059611 C(xnpany NO." 3281620 Balance Sheet Unrestrlcted Rostrfct•d Ineomè Incomo nils funds 2023 2023 Unrestricted Restricted Incom• Incom• fundg fijnds 2022 2022 Total prloryear funds 2022 Total fvnds 2023 Flxgd Assets Tawit)￿A5sÈts Investments Total Flxgd Assets IN(th 101 1.531 1,531 241 241 (NrAe 161 1,536 1.536 246 246 CurrgntAssots DeblOIS IP*le 111 33.269 42.626 75,895 11.148 11,899 23,047 44.417 54.525 98.942 34.504 23,692 58.196 34.504 25.321 59.825 Cash at bank & in h￿d Totsl Currant assets (Noie 131 1,629 1,629 Crgdltors laRingdu¢ i￿￿eY 111¢10 121 51,6S3 59.153 20,424 20.424 Not current assetslliabllhtlesl 24.242 15.547 39,789 37.772 39.401 Crgdltorn Iw due ¥fterMeyear 8.730 8.730 Total Net Assets Illabllltlgs) 17,048 15,547 32,595 29.288 1.629 30,917 Funds of thg Charlty Unrestricted In(x)me funds 17.048 17.048 15.547 32,595 29.288 1.e29 30.917 Restricted Income fvnd5 (Note 141 15,547 15,547 1,629 1.629 17.048 29.288 Th8 companywas ¢ntrf6dto exempfit>n from audil unders477 oflhe C(¥npaniesAd 2006 rttslirtg to $M￿l¢oMpa￿es. rije memlwshtrvé nOt￿l￿redthe¢0m￿anY lo oblainan euditin sedlon 476ofthe Copw￿￿$ACl 2￿. The 0￿¢10158¢knoW1ed￿e lfveJrrespDR5Wforcomplyry vnlh Ihe requirenKntsof&)p cortnpan￿sA¢r ￿ ièspectto 8ccounbngrecordsandthe prepaFtrbtsn of8ccounls. These 8ccounlshave bèen pw8fftdin 8ccorf8nce thewvish￿S8ppli￿tsl8 10 smallcompaTh?5 sutyecl to b)e smallaYIJJP8XNesi8gim8 8ndln ¢¢￿dance with V)9 Ch8ntles SORP(FRS102) Slgn•d by ong or two trusts951dlroCtor8 on behalf of all tha trusteesldirectors Slgnature Print lull name S IL**funds**
**Restricted**
**funds**
**Total funds**
Previous
year Total
funds
**_2023_**
**_2023_**
**_2023_**
**_2022_**
**_£_**
**_£_**
**_£_**
**£**| |Net cash provided by (used in) operating activities
**Cash flows from investing activities:**
Net Cash provided by (used in) investing activities - purchase of equipment
Net Cash provided by (used in) financing activities
**Change in cash and cash equivalents in the reporting period**
Cash and cash equivalents at the beginning of the reporting period
Change in cash and cash equivalents due to exchange rate movements
**Cash and cash equivalents at the end of the reporting period**|20,884
10,270
31,154
731| ||(1,950)
(1,950)
(138)
0
0
0
0| ||18,934
10,270
29,204
593| ||23,692
1,629
25,321
24,728
0
0
0
0| ||42,626
11,899
54,525
25,321| ||| ||| |**Reconciliation of net income/(expenditure) to net cash flow from**
**Net income/(expenditure) for the reporting period (as per the statment**
**of financial activities)**
**Adjustments for:**
Depreciation charges
(Increase)/decrease in debtors
Increase/(decrease) in creditors|**operating activities**
(12,240)
13,918
1,678
(2,895)
660
660
3,293
1,235
(11,148)
(9,913)
4,305
31,229
7,500
38,729
(3,972)| |**Net cash provided by (used in) operating activities**
**Analysis of total cash and cash equivalents:**
Cash in hand
Other
**Total cash and cash equivalents**|20,884
10,270
31,154
731| ||42,626
11,899
54,525
25,321
0| ||42,626
11,899
54,525
25,321| ||11| Notes to the accounts ## 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 (FRS102) issued on 16 July 2014, and with - the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), and with - the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS102. ## **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. In terms of the charity’s development plan there is material uncertainty on the level of unrestricted donations to cover the cost of additional personnel for those developments. The trustees have not yet finally agreed a budget for 2025 as regards those development plans pending further clarity of income. ## **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 Changes to accounting estimates** There are no changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). ## Note 2. ACCOUNTING POLICIES ## **2.1 INCOME** |**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 claims** No insurance claims in the reporting period 13 Notes to the accounts contd. ## Note 2 ACCOUNTING POLICIES contd. ## **2.2 Expenditure and Liabilities** |**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation| |---|---| ||committing the charity to pay out resources and the amount of the obligation can be measured with| ||reasonable certainty.| |**Governance and support**|Support costs have been allocated between governance costs and other support. Governance costs| |**costs**|comprise all costs involving public accountability of the charity and its compliance with regulation and| ||good practice.| ||Support costs include central functions and have been allocated to activity cost categories on a basis| ||consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff| ||costs by the time spent and other costs by their usage.| |**Grants with performance**|No grants with performance conditions received in the reporting period| |**conditions**|| |**Grants payable without**|Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid| |**performance conditions**|the commitment, a liability for the full funding obligation is recognised.| |**Redundancy cost**|The charity made no redundancy payments during the reporting period.| |**Deferred income**|No material item of deferred income has been included in the accounts.| |**Creditors**|The charity has no creditors measured at settlement amounts less any trade discounts| |**Basic financial instruments**|The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102| ||SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.| |**2.3 Assets**|| |**Tangible fixed assets for**|Tangible fixed assets for use by charity are capitalised if they can be used for more than one year and| |**use by charity**|valued at cost. The depreciation rates and methods used are disclosed in note 10.| |**Intangible fixed assets**|The charity has no intangible fixed assets (that is, non-monetary assets that do not have physical| ||substance but are identifiable and are controlled by the charity through custody or legal rights.)| |**Heritage assets**|The charity has no heritage assets| |**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are valued| ||at initially at cost and subsequently at fair value (their market value) at the year end.| |**Stocks and work in**|There are no stocks held for sale as part of non-charitable trade.| |**progress**|| |**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.| 14 ## Note 3. ANALYSIS OF INCOME ||**Unrestricted**
**Income**
**Restricted**
**Income**
**_Total_**
**_Income_**
**_2023_**
**_2023_**
**_2023_**
**_£_**
**_£_**
**_£_**|**Unrestricted**
**Income**
**Restricted**
**Income**
**_Total Income_**
**_2022_**
**_2022_**
**_2022_**
**_£_**
**_£_**
**_£_**| |---|---|---| |||| |**Donations & Legacies**
Donations and Gifts
Gift Aid|244,315
90,450
334,765
9,058
2,716
11,774|274,208
12,992
287,200
15,683
1,000
16,683| |**Total donations and legacies**
**Charitable activities**
Christian Music Ministry
**Total Income**
Note 4. ANALYSIS OF EXPEND
**Expenditure on raising funds**
Incurred seeking funds
Operating a trading subsidiary
Advertising, marketing,
direct mailing and publicity
**Expenditure on charitable acti**
Christian Music ministry
**Total Expenditure**|253,373
93,166
346,539|289,891
13,992
303,883| ||208,280
23,306
231,586|162,804
162,804| ||461,653
116,472
578,125|452,695
13,992
466,687| ||**Unrestricted**
**Expenditure**
**Restricted**
**Expenditure**
**_Total_**
**_Expenditures_**
**_2023_**
**_2023_**
**_2023_**
**_£_**
**_£_**
**_£_**
ITURE|**Unrestricted**
**Expenditure**
**Restricted**
**Expenditure**
**_Total_**
**_Expenditures_**
**_2022_**
**_2022_**
**_2022_**
**_£_**
**_£_**
**_£_**| ||1,957
5000
6,957
1,350
1,350|7,000
10,601
17,601| |||1,350
1,350| ||1,579
1,579
1,969
1,969|228
228
3,468
3,468| ||6,856
5,000
11,856|12,046
10,601
22,647| ||**vities**
467,037
97,554
564,591|443,343
3,592
446,935| ||473,893
102,554
576,447|455,389
14,193
469,582| 15 Notes to the accounts contd. ## Note 5. SUPPORT COSTS |**Support costs**|**Raising**
**funds**|**Christian**
**Music Ministry**|**Total**||**Raising**
**funds**|**Christian**
**Music Ministry**|**Total**|Basic of
allocation| |---|---|---|---|---|---|---|---|---| ||**2023**|**2023**|**2023**||**2022**|**2022**|**2022**|| ||**£**|**£**|**£**||**£**|**£**|**£**|| |Governance||600|600|||600|600|| |Staff Costs|6,957|344,987|351,944||8,000|252,776|260,776|by time spent| |Production costs||141,528|141,528|||208,206|208,206|by direct cost| |Other||82,375|82,375|||||by usage
(PPS etc)| |**Total support costs**|**6,957**|**569,490**|576,447||**8,000**|**461,582**|**469,582**|| ## Note 6. DETAILS OF CERTAIN TYPES OF EXPENDITURE |Note 6. DETAILS OF CERTAIN TYPES OF EXPENDITURE|||| |---|---|---|---| |**Note 6.1 Fees for examination of the accounts**|**2023**|**2022**|| ||**£**|**£**|| |Independent examiner’s fees|500|404|| |Assurance services other than independent examination|-|-|| |Tax advisory fees|-|-|| |Other fees (financial advice, consultancy, accountancy services) paid to the independent|-|-|| |examiner|||| |Note 7 PAID EMPLOYEES|||| |**7.1 Staff Costs**|**2023**|**2022**|| ||**£**|**£**|| |Salaries and wages|270,408|203,009|| |Social security costs|20,481|8,163|| |Pension costs (defined contribution pension plan)|24,958|17,992|| |Other employee Costs|36,097|31,612|| |**Total staff costs**|**351,944**|**260,776**|| No employees received employee benefits (excl. employer pension costs) for reporting period of more than £60,000 ## **7.2 Average head count in the year** **The parts of the charity in which the employees work** ||**2023**
**Number**|**2022**
**Number**| |---|---|---| |Fundraising|-|-| |Charitable Activities|10|8| |Governance|-|-| |Other|-|-| |**Total number**
**employees**|

**10**|**8**| **7.3 Ex-gratia payments to employees and others (excluding trustees** ) - None **7.4 Redundancy payments** - no redundancy payments in the period 16 Notes to the accounts contd. ## Note 8. DEFINED CONTRIBUTION TO PENSION SCHEME (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:** ||**2023**|**2022**| |---|---|---| ||**£**|**£**| ||**£24,958**|£17,992| Pension scheme is allocated as unrestricted expense ## Note 9. GRANTMAKING ## **9.1 Analysis of all grants paid (included in cost of charitable activities)** |**Analysis**|||**Grants to**
**institutions**||**Grants to**
**individuals**||**Support**|**costs**||**Total**|| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||| ||||||||**£**|||**£**|| ||||||||-|||-|| ||**Total grantmaking **|**-**|**--**|**-**|**--**|**-**||**--**|**-**||**--**| ## Note 10. TANGIBLE FIXED ASSETS ## **10.1 Cost or valuation** |**10.1 Cost or valuation**||||| |---|---|---|---|---| |||**Fixtures, fittings and equipment**|**2023**|**2022**| |||**£**|**£**|**£**| |At beginning of the year||54,368|**54,368**|54,230| |Additions||1,950|**1,950**|138| |Revaluations|||**-**|| |Disposals||-|-|-| |Transfers *||-|-|-| ||**At end of the year**|**56,318**|**56,318**|**54,368**| ## **10.2 Depreciation and impairments** ## |**10.2 Depreciation and impairments**_(St_|_raight Li_|_ne ("SL_|_") or Reducing Balance ("RB")_|||| |---|---|---|---|---|---|---| ||||||**2023**|**2022**| ||||||**£**|**£**| ||****Basis**||SL||SL or RB|| ||**** Rate**||25%|||| |||||||| |At beginning of the year|||54,127||54,127|50,834| |Disposals|||-||-|-| |Depreciation|||660||660|3,293| |Impairment|||-||-|-| |Transfers*|||-||-|-| |**At end of**|**the year**||**54,787**||**54,787**|**54,127**| |**10.3 Net book value**||||||| |**Net book value at the beginning of the**|**year**||**241**||**241**|**3,396**| |**Net book value at the end of the year**|||**1,531**||**1,531**|**241**| 17 Notes to the accounts contd. ## Note 11. DEBTORS & PREPAYMENTS |Note 11. DEBTORS & PREPAYMENTS|||| |---|---|---|---| ||||| |**11. Analysis of debtors**||**2023**|**2022**| |||**£**|**£**| |Trade debtors||6,538|7,161| |Prepayments and accrued income||25,113|10,863| |Other debtors||12766|16,480| ||**Total**|**44,417**|**34,504**| ||||| |**11. Analysis of debtors**||||**2023**|**2022**| |---|---|---|---|---|---| |||||**£**|**£**| |Trade debtors||||6,538|7,161| |Prepayments and accrued income||||25,113|10,863| |Other debtors||||12766|16,480| ||||**Total**|**44,417**|**34,504**| |Note 12. CREDITORS & ACCRUALS|||||| |**12.1 Analysis of creditors**||**Amounts falling due within one**
**year**||**Amounts falling due after more**
**than one year**|| |||**2023**|**2022**|**2023**|**2022**| |||**£**|**£**|**£**|**£**| |Accruals for grants payable||-|-|-|-| |Bank loans and overdrafts||-|-|-|-| |Trade creditors||21,858|11,915||| |Payments received on account for contracts or|||||| |performance-related grants|||||| |Accruals and deferred income||31,142|2,900||| |Taxation and social security||4,829|3,491||| |Other creditors||1,324|2,118|8,730|8,730| ||**Total**|**59,153**|**20,424**|**8,730**|**8,730**| |Note 11. DEBTORS & PREPAYMENTS||||| |---|---|---|---|---| |||||| |**11. Analysis of debtors**
Trade debtors
Prepayments and accrued income
Other debtors|**Total**||**2023**
**£**|**2022**
**£**| ||||6,538|7,161| ||||25,113|10,863| ||||12766|16,480| ||||**44,417**|**34,504**| |||||| |Note 12. CREDITORS & ACCRUALS||||| |**12.1 Analysis of creditors**
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
**Total**|**Amounts falling due within one**
**year**||**Amounts falling due after more**
**than one year**|| ||**2023**
**£**|**2022**
**£**|**2023**
**£**|**2022**
**£**| ||-|-|-|-| ||-|-|-|-| ||21,858|11,915||| |||||| ||31,142|2,900||| ||4,829|3,491||| ||1,324|2,118|8,730|8,730| ||**59,153**|**20,424**|**8,730**|**8,730**| |**12.2 Deferred income**
There was no deferred income in the reporting period
Note 13. CASH AT BANK AND IN HAND
(at 31 December 2023)
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
**Total cash**
18|mber 2023)|||| ||||**2023**
**£**|**2022**
**£**| ||date)
**Total cash**||-|-| ||||-|-| ||||48,431|25,321| ||||6,094|-| ||||
**54,525**|**25,321**| |||||| ## 14. CHARITY FUNDS ## **14.1 Details of restricted funds held and movements during the CURRENT reporting period** _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**Fund names**|**Type**
**PE, EE**
**R or**
**UR ***
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**f**
**d**
**£**|**Fund**
**balances**
**brought**
**f**
**d**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains**
**and**
**losses**
**£**|**Fund**
**balances**
**carried**
**f**
**d**
**£**| |---|---|---|---|---|---|---|---|---| |All Souls Orchestra
International|R
For support of the orchestra
international activity||1,061|||||1,061| |All Souls Choir|R
For support of choir||288||0|||288| |Publishing|R
For publishing project||289||0|||289| |Prom Praise for
Schools|R
For PP4S special education
project||-10|65,683|51,765|||13,908| |Other funds|R
Dev Fund||0|50,789|50,789|||0| ||**Total Funds as per balance sheet**||**1,629**|**116,472**|**102,554**|**0**|**0**|**15,547**| ## **14.2 Details of restricted funds held and movements during the PREVIOUS reporting period** |**Fund names**|**Type**
**PE,**
**EE, R**
**or UR ***
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund**
**balances**
**carried**
**forward**| |---|---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**|**£**| |All Souls Orchestra
International|R
For support of the orchestra
international activity|1,646|176|761|||1,061| |All Souls Choir|R
For support of choir|0|650|362|||288| |Publishing|R
For publishing projects|0|1,459|1,170|||289| |Prom Praise for School|R
For PP4S special education
project|183|11,707|11,900|||-10| |Other funds|R
Promotion Video|0|||||0| ||**Total Funds as per balance sheet**|**1,830**|**13,992**|**14,193**|**0**|**0**|**1,629**| ## **14.3 Transfers between funds** There were no transfers between funds during the reporting period 19 Notes to the accounts contd. ## Note 15. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES ## **15.1 Trustee remuneration and benefits** None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity ## **15.2 Trustee expenses** |**15.2 Trustee expenses**|||| |---|---|---|---| |**Type of expenses reimbursed**||**This year**|**Last year**| |||**£**|**£**| |Travel||-|-| |Other (please specify):||0|0| ||**Total Trustee expenses**|-|**-**| ||||| |**Number of trustees reimbursed for expenses**
**or who had expenses paid by the charity**||0|0| ## **15.3a Transaction(s) with related parties - Current Reporting Period** |**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for**
**bad debts at**
**period end**|**Amounts written**
**off during**
**reporting period**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| |**Langham**
**Promotions Ltd**|Subsidiary|Current Account|50,558|6,213|5,000|-| |||||||| |**_Terms and conditions of the transactions above:_**||||||| ## **15.3b Transaction(s) with related parties - Previous Reporting Period** |**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for**
**bad debts at**
**period end**|**Amounts written**
**off during**
**reporting period**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| |**Langham**
**Promotions Ltd**|Subsidiary|Current Account|41,619|6,406|5,000|-| |**_Terms and conditions of the transactions above:_**|||Active account.|No security||| ## Note 16 ADDITIONAL DISCLOSURES Investment of £5 on Balance Sheet refers to shares held in Langham Promotions Ltd, a 100% owned subsidiary of the charity. There are no additional significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. 20