Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 (also known as All Souls Music) Trustees’ annual report (including Directors’ report) for the year ended 31st December 2024 LANGHAM ARTS TRUST Charity number: 1059611, Company number: 3281520 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 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 2024 |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|| Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 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 2024. ## 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** During 2024, Langham Arts Trust built on the momentum of previous years to deliver an exciting and impactful programme of activity that remained true to our core mission: to advance the Christian faith through music. With new growth in reach, depth and creativity, our events brought people together across the UK and beyond to experience the transforming power of the gospel through music. A highlight of the year was **Prom Praise: Chariots of Fire** , our major Royal Albert Hall event celebrating the Olympic year and the legacy of Eric Liddell. Partnering with Christians in Sport and Searchlight Theatre Company, we shared the story of Liddell’s faith in a powerful fusion of orchestral music, narration and video. The concert was attended in person by thousands and the free livestream has been viewed by over 120,000 people across the world. Christmas 2024 saw a beautiful new production: **‘A Long Time Ago in Bethlehem’** , exploring 2,000 years of Christmas music from the earliest known hymn – the Oxyrhynchus Hymn – to beloved carols and the 1990 Christmas Number 1 ‘Saviour’s Day’. Once again, thousands came through the doors of All Souls, Langham Place for this unique and moving event and the carol services throughout December. **Prom Praise for Schools** returned to the Royal Albert Hall in March, with 62 schools and over 5,000 children, parents and teachers singing their hearts out to the theme of **King David: A Hero’s Journey** . The entire experience was a joyful celebration and a vivid reminder that it really is ‘all about Jesus’. In 2024, we also got the All Souls Orchestra back on the road with a visit to **Crowborough** and relaunched the **Langham Arts Big Band** at **Big Church Festival** . We were proud to support **All Souls, Langham Place** in celebrating their **200th anniversary** – a milestone year for the church and a joy for the music ministry to help mark it musically. The **Langham Arts Youth Orchestra** launched to great excitement. Over a dozen young musicians gathered to learn about God’s Creation through music, rehearse and perform together and grow in faith and fellowship. Their evening showcase at All Souls was an uplifting testament to what’s possible when young people are encouraged to grow in excellence, confidence and purpose. The vision for the Youth Orchestra is to nurture future generations of musicians who will play skilfully and serve faithfully. We hosted dozens of supporters at the Royal College of Music for a reception to thank them and share plans for the future. We also launched new initiatives for our growing **Membership** scheme, including our first **online ‘Meet the Director’** event and an **in-person reception** . 1 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 **Planning for 2025** is already well underway: - **Prom Praise: Wonder** returns to the Royal Albert Hall in May - The All Souls Orchestra prepares for a **spring tour to Austria** - We begin work to **extend Prom Praise for Schools beyond London** , with eyes set on 2026 at the Royal Albert Hall and beyond Our programme of regular training and gathering opportunities continued. Musicians meet weekly to rehearse and study the Bible, complemented by termly **Music Ministry Gatherings** and **New Musicians’ Evenings** . These sessions are at the heart of the community we’re building – one that’s musically excellent, spiritually rooted and relationally strong. 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 £763 compared with the surplus £1678 for the previous reporting period to December 2023. ## **Reserves** This brought the charity reserves to £33358 (of which £31626 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 continued support of committed partners, including the All Souls Music Partnership. - Many generous individuals contributed, with our 2024 **Big Give Christmas Challenge** raising over **£20,000** – our most successful yet. - **Membership** continues to grow, helping foster a deeper connection with supporters. - We also remain thankful for our suppliers who have discounted services, particularly our technical teams. - The Trustees acknowledge with gratitude the continuing support of **All Souls Church PCC** , including the provision of office facilities. 2 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## **Legal status** 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. The Senior Leadership Team – made up of the Director (Senior Music Minister), Director of Development & Operations, Executive Producer, Head of Community and Outreach Projects and Head of Church Family Music Projects – remains the delegated authority for operational matters including finance, employment, events and production. The Board is very appreciative of the work done by the small dedicated staff team who not only manage large-scale events at the Royal Albert Hall and across the UK, but also lead worship at All Souls, Langham Place every week, serve at parish services and support training and pastoral care for musicians throughout the year. 3 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## LANGHAM ARTS TRUST **Trustees’ annual report (continued)** ## 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 number: 1059611 Company number: 3281520 Registered and principal address: **All Souls Clubhouse, 141 Cleveland Street, London W1T 6QG** ## **Directors** The following served as Trustees from 1st January 2023 to the date of this report unless otherwise stated: J Twiss (Chairman) (resigned 4 July 2024) Stephen James (Chairman) (appointed 4 July 2024) J Payne (Secretary) (resigned as Director 4 July 2024) L Gibson ( resigned as Trustee 30 Jun 2024) - Y Ibbett - S Gawley Max William Dining (Treasurer) (appointed 19 Sept 2024) Ian Philip Johnson (Trustee) (appointed 19 Sept 2024) None of the above hold title to property belonging to the charity, or held any assets as custodian trustees on behalf of others ## **Independent Examiner** Equiom (Scotland), 15a Harbour Road, Inverness, Scotland, IV1 1SY ## **Bankers at December 2024** The Co-operative Bank, 1 Balloon Street, Manchester, M60 4EP ## **DECLARATIONS** The company has taken advantage of the small companies’ exemption in preparing the report above. The trustees declare that they have approved the Trustees’ report (including directors’ report) above. ## **Signed on behalf of the charity’s trustees/directors:** ||||stevejames2| |---|---|---|---| |**Signature**
**Full name**
D42630FC211E473...|||| |**Position **
**Date**
Chair LAT|||9/30/2025| |*****
**Signature**
**Full name**
~~|=~~|||Max Dinning| ||Treasurer||9/30/2025| |**Position **
**Date**|||| ***** 4 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## LANGHAM ARTS TRUST Charity number: 1059611, Company number: 3281520 ## INDEPENDENT EXAMINER’S REPORT To the Trustees & Members of Langham Arts Trust (‘the Company’); I report on the accounts of the charity for the year ended 31 December 2024, which are set out on the pages below. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. The trustees consider that the audit requirement of section 144 of the Charities Act 2011 does not apply and that an independent examination is required. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act 2011; - Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; - State whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect: - The accounting records were not kept in accordance with section 130 of the Charities Act 2011; or - The accounts do not accord with those records; or - The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair” view. 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. Name: Emily Smith Head of Statutory Accounting & Tax The Chartered Institute of Management Accountants Equiom (Scotland) 15a Harbour Road Inverness IV1 1SY Date: 23/09/2025 5 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 6 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## LANGHAM ARTS TRUST ## **Annual accounts for the year ended 31st December 2024** Charity No: 1059611 Company No: 3281520 ## Statement of Financial Activities (including summary income and expenditure account) ||**Unrestricted**
**Income**
**funds**
**Restricted**
**income**
**funds**
**2024**
**2024**
**2024**
**_Total_**
**_funds_**
**_£_**
**_£_**
**_£_**|**Unrestricted**
**Income**
**funds**
**Restricted**
**income**
**funds**
**_2023_**
**_2023_**
**_2023_**
**_£_**
**_£_**
**_£_**
**_Total funds_**| |---|---|---| |**Income**
**Total Income**
**Total Expenditure**
**Net movement in Funds**
**Total Funds brought forward**
**Total Funds Carried Forward**
**Expenditure**
Donations and Legacies
Other Income
Charitable Activities
Raising Funds
Charitable Activities
(Note 3)
(Note 4)||| ||429,100
71,222
500,322
8,730
0
8,730
141,980
103,943
245,923|253,373
93,166
346,539
208280
23,306
231,586| ||579,810
175,165
754,975|461,653
116,472
578,125| |||| |||| ||7,683
5,000
12,683
557,550
183,979
741,529|6,856
5,000
11,856
467,037
97,554
564,591| ||565,233
188,979
754,212|473,893
102,554
576,447| ||14,577
(13,814)
763|(12,240)
13,918
1,678| ||17,049
15,546
32,595|29,289
1,628
30,917| ||**31,626**
**1,732**
**33,358**|17,049
15,546
32,595| |||7| Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 8 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## LANGHAM ARTS TRUST ## **Annual accounts for the year ended 31st December 2024** Charity No: 1059611 Company No: 3281520 ## Balance Sheet |||**Unrestricted**|**Restricted**|||**Unrestricted**|**Restricted**|| |---|---|---|---|---|---|---|---|---| |||**income**|**income**|||**income**|**income**|**_Total_**| |||**funds**|**funds**|**_Total funds_**||**funds**|**funds**|**_funds_**| |||**2024**|**2024**|**2024**||**2023**|**2023**|**2023**| |||**_£_**|**_£_**|**_£_**||**_£_**|**_£_**|**_£_**| |**Fixed Assets**||||||||| |Tangible Assets|(Note 10)|2,088|-|2,088||1,531|-|1,531| |Investments|(Note 16)|5|-|5||5|-|5| |**Total Fixed Assets**||2,093|0|2,093||1,536|0|1,536| |**Current Assets**||||||||| |Debtors|(Note 11)|31,441||31,441||33,269|11,148|44,417| |Cash at bank & in hand|(Note 13)|46,764|1,732|48,496||42,626|11,899|54,525| |**Total current assets**||78,205|1,732|79,937||75,895|23,047|98,942| |**Creditors**
falling due||||||||| |within one year|(Note 12)|48,672||48,672||51,653|7,500|59,153| |**Net current assets(liabilities)**||29,533|1,732|31,265||24,242|15,547|39,789| |**Creditors**
falling due||||||||| |after one year||0||0||8,730|-|8,730| |**Total Net Assets (liabilities)**||31,626|1,732|33,358||17,048|15,547|32,595| |**Funds of the Charity**||||||||| |Unrestricted Income funds||31,626||31,626||17,049||17,049| |Restricted Income funds|(Note 14)||1,732|1,732|||15,546|15,546| |||**31,626**|**1,732**|**33,358**||17,049|15,546|32,595| _The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies._ _The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006._ _The Directors acknowledge their responsibility for complying with the requirements of the Conmpanies Act with respect to accounting records and the preparation of accounts._ _These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with the Charities SORP(FRS102)_ ## **Signed by one or two trustees/directors on behalf of all the trustees/directors** **----- Start of picture text -----**
Signature Signed by: Print full name stevejames2
Position [SICD42630FC211E473... Su. Date 9/30/2025
Chair LAT
Signature Print full name Max Dinning
Position (=1446C2A74AD74DD... Date 9/30/2025
Treasurer
Signature of director authenticating accounts being sent to Companies House
Signature Print full name Max Dinning
Position (=1446C2A74AD74DD... Date 9/30/2025
Treasurer
**----- End of picture text -----**
9 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 10 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## **Annual accounts for the year ended 31st December 2024** Charity No: 1059611 Company No: 3281520 ## Statement of cash flow |**Cash flows from operating activities:**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**£**
Previous
year Total
funds
**_2024_**
**_2024_**
**_2024_**
**_2023_**
**_£_**
**_£_**
**_£_**| |---|---| |**Cash flows from investing activities:**
Net cash provided by (used in) operating activities
Net Cash provided by (used in) investing activities - purchase of equipment
Net Cash provided by (used in) financing activities|5,575
(10,166)
(4,591)
31,154
(1,438)
0
(1,438)
(1,950)
0
0
0
0| |**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the end of 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|4,137
(10,166)
(6,029)
29,204| ||42,627
11,898
54,525
25,321
0
0
0
0| ||46,764
1,732
48,497
54,525| ||| ||| |**Reconciliation of net income/(expenditure) to net cash flow fro**
Depreciation charges
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net income/(expenditure) for the reporting period (as per the**
**statment of financial activities)**
**Adjustments for:**|**m operating activities**
14,577
(13,814)
763
1,678
881
881
660
1,828
11,148
12,976
(9,914)
(11,711)
(7,500)
(19,211)
38,729| |**Net cash provided by (used in) operating activities**
**Total cash and cash equivalents**
**Analysis of total cash and cash equivalents:**
Cash in hand
Other|5,575
(10,166)
(4,591)
31,153| ||38,220
1,732
39,952
54,525
8,544
0
8,544| ||46,764
1,732
48,496
54,525| ||11| Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 12 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## 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 2026 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**|No insurance claims in the reporting period| |**claims**|| 13 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## 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| |**performance conditions**|avoid 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**|The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7| |**instruments**|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| |**use by charity**|and 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 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## Note 3. ANALYSIS OF INCOME ||**Unrestricted**
**Income**
**Restricted**
**Income**
**_Total_**
**_Income_**
**_2024_**
**_2024_**
**_2024_**
**_£_**
**_£_**
**_£_**|**Unrestricted**
**Income**
**Restricted**
**Income**
**_2023_**
**_2023_**
**_2023_**
**_£_**
**_£_**
**_£_**
**_Total Income_**| |---|---|---| |||| |**Donations & Legacies**
Donations and Gifts
Other Income
Gift Aid|411,594
482,816
8,730
71,222
8,730
17,506
17,506|244,315
90,450
334,765
9,058
2,716
11,774| |Note 4. ANALYSIS OF EXPEN
**Total donations and legacies**
**Total Expenditure**
**Charitable activities**
**Total Income**
**Expenditure on raising funds**
**Expenditure on charitable act**
Christian Music Ministry
Incurred seeking funds
Operating a trading subsidiary
Advertising, marketing,
direct mailing and publicity
Christian Music ministry|437,830
71,222
509,052|253,373
93,166
346,539| ||141,980
103,943
245,923|208,280
23,306
231,586| ||579,810
175,165
754,975|461,653
116,472
578,125| ||DITURE
**Unrestricted**
**Expenditure**
**Restricted**
**Expenditure**
**_2024_**
**_2024_**
**_2024_**
**_£_**
**_£_**
**_£_**
**_Total_**
**_Expenditure_**
**_s_**|**Unrestricted**
**Expenditure**
**Restricted**
**Expenditure**
**_Total_**
**_Expenditures_**
**_2023_**
**_2023_**
**_2023_**
**_£_**
**_£_**
**_£_**| ||2,785
5,000
7,785|1,957
5000
6,957| ||1,350
1,350
1,579
1,579
1,969
1,969|1,350
1,350| |||1,579
1,579
1,969
1,969| ||7,683
5,000
12,683|6,855
5,000
11,855| ||**ivities**
557,550
183,979
741,529|467,037
97,554
564,591| ||565,233
188,979
754,212|473,892
102,554
576,446| 15 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 16 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## 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| |---|---|---|---|---|---|---|---|---| ||**2024**|**2024**|**2024**||**2023**|**2023**|**2023**|| ||**£**|**£**|**£**||**£**|**£**|**£**|| |Governance||600|600|||600|600|| |Staff Costs|7,785|447,510|455,295||6,957|344,987|351,944|by time spent| |Production costs||298,318|298,318|||141,528|141,528|by direct cost| |Other||||||82,375|82,375|by usage
(PPS etc)| |**Total support costs**|**7,785**|**746,428**|754,213||**6,957**|**569,490**|**576,447**|| ## 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**|**2024**|**2023**|| ||**£**|**£**|| |Independent examiner’s fees|600|500|| |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**|**2024**|**2023**|| ||**£**|**£**|| |Salaries and wages|370,629|270,408|| |Social security costs|30,974|20,481|| |Pension costs (defined contribution pension plan)|26,818|24,958|| |Other employee Costs|26,874|36,097|| |**Total staff costs**|**455,295**|**351,944**|| No employees received employee benefits (excl. employer pension costs) for reporting period of more than £60,000 ||**2024**
**Number**|**2023**
**Number**| |---|---|---| |Fundraising|-|-| |Charitable Activities|10|10| |Governance|-|-| |Other|-|-| |**Total number**
**employees**|

**10**|**10**| ## **7.2 Average head count in the year** ## **The parts of the charity in which the employees work** ## ) - None **7.4 Redundancy payments** - no redundancy payments in the period 17 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## Notes to the accounts contd. ## Note 11. DEBTORS & PREPAYMENTS |Note 11. DEBTORS & PREPAYMENTS|||| |---|---|---|---| ||||| |**11. Analysis of debtors**||**2024**|**2023**| |||**£**|**£**| |Trade debtors||4,238|6,538| |Prepayments and accrued income||12,591|25,113| |Other debtors||14,612|12766| ||**Total**|**31,441**|**44,417**| ||||| |**11. Analysis of debtors**||||**2024**|**2023**| |---|---|---|---|---|---| |||||**£**|**£**| |Trade debtors||||4,238|6,538| |Prepayments and accrued income||||12,591|25,113| |Other debtors||||14,612|12766| ||||**Total**|**31,441**|**44,417**| |Note 12. CREDITORS & ACCRUALS|||||| |**12.1 Analysis of creditors**||**Amounts falling due within one**
**year**||**Amounts falling due after more**
**than one year**|| |||**2024**|**2023**|**2024**|**2023**| |||**£**|**£**|**£**|**£**| |Accruals for grants payable|||-|-|-| |Bank loans and overdrafts|||-|-|-| |Trade creditors||5,832|21,858||| |Payments received on account for contracts or|||||| |performance-related grants|||||| |Accruals and deferred income||28,655|31,142||| |Taxation and social security||8,544|4,829||| |Other creditors||5,641|1,324||8,730| ||**Total**|**48,672**|**59,153**|**0**|**8,730**| ||**Total**|**48,672**|**59,153**|**0**|**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 2024)|||**2024**|**2023**|| |||||**£**|**£**|| |Short term cash investments (less than 3 months maturity||date)|||-|| |Short term deposits|||||-|| |Cash at bank and on hand||||39,952|48,431|| |Other||||8,544|6,094|| ||||**Total cash**|**48,496**|**54,525**|| |||||||18| Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## Notes to the accounts contd. ## Note 8. DEFINED CONTRIBUTION TO PENSION SCHEME (or defined benefit scheme accounted for as a defined contribution scheme) ||**2024**|**2023**| |---|---|---| |**_8.1 Defined contribution pension scheme_**|**£**|**£**| |Amount of contributions recognised in the SOFA as an expense|**£26,818**|£24,958| |||| |**Basis for allocating the liability and expense of defined contribution pension scheme**|Pension scheme is allocated as|| |**between activities and between restricted and unrestricted funds:**|unrestricted expense|| |||| ## Note 9. GRANTMAKING ## **9.1 Analysis of all grants paid (included in cost of charitable activities)** |**_8.1 Defined contribution pension scheme_**
Amount of contributions recognised in the SOFA as an expense|**_8.1 Defined contribution pension scheme_**
Amount of contributions recognised in the SOFA as an expense|**_8.1 Defined contribution pension scheme_**
Amount of contributions recognised in the SOFA as an expense|**2024**
**£**|**2023**
**£**| |---|---|---|---|---| ||||**£26,818**|£24,958| |||||| |**Basis for allocating the liability and expense of defined contribution pension scheme**
**between activities and between restricted and unrestricted funds:**|||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**| ||||**£**|**£**| ||||-|-| |Note 10. TANGIBLE FIXED ASSETS
**10.1 Cost or valuation**
**Total grantmaking**|**-**|**-**|**-**|**-**| |||||| ||**Fixtures, fittings and equipment**||**2024**|**2023**| |At beginning of the year
Additions
Revaluations
Disposals
Transfers *|**£**||**£**|**£**| ||56,318||**56,318**|54,368| ||1,438||**1,438**|1,950| ||||**-**|-| ||-||-|-| ||-||-|-| |**10.2 Depreciation and impairments**
**2024**
**2023**
**10.3 Net book value**
**Net book value at the beginning of the year**
**Net book value at the end of the year**
**At end of the year**
**£**
**£**
****Basis**
**** Rate**
**At end of the year**
**1,531**
**1,531**
**241**
**2,088**
**2,088**
**1,531**
At beginning of the year
54,787
54,787
54,127
Disposals
-
-
-
Depreciation
881
881
660
Impairment
-
-
-
Transfers*
-
-
-
**57,756**
**57,756**
**56,318**
_(Straight Line ("SL") or Reducing Balance ("RB")_
25%
SL
SL or RB
SL or RB
**55,668**
**55,668**
**54,787**|**57,756**||**57,756**|**56,318**| ||||**2024**
**£**|**2023**
**£**| ||SL||SL or RB|SL or RB| ||25%|||| |||||| ||54,787||54,787|54,127| ||-||-|-| ||881||881|660| ||-||-|-| ||-||-|-| ||**55,668**||**55,668**|**54,787**| |||||| ||**1,531**||**1,531**|**241**| ||**2,088**||**2,088**|**1,531**| 19 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## 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**_ |**_of the charity; and U -_**|**_unrestricted funds_**||||||| |---|---|---|---|---|---|---|---| |**Fund names**|**Type**
**PE, EE**
**R or**
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund**
**balances**
**carried**| ||**UR ***|**£**|**£**|**£**|**£**|**£**|**£**| |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|||||288| |Publishing|R
For publishing project|289|||||289| |Prom Praise for
Schools|R
For PP4S special education
project|13,908|103,943|117,851|||0| |Other funds|R
Dev Fund|0|71,222|71,128|||94| ||**Total Funds as per balance sheet**|**15,547**|**175,165**|**188,979**|**0**|**0**|**1,732**| ## **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|1,061|||||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**||**1,628**|**116,472**|**102,554**|**0**|**0**|**15,546**| ## **14.3 Transfers between funds** There were no transfers between funds during the reporting period 20 Docusign Envelope ID: C451E70E-DAFE-4E89-A300-F61BE4DA53A0 ## 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||244|-| |Other (please specify):||0|0| ||**Total Trustee expenses**|-|**-**| ||||| |**Number of trustees reimbursed for expenses**
**or who had expenses paid by the charity**||1|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|14742|7933|5000|-| |||||||| |**_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|50,558|6,213|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. 21