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2022-03-31-accounts

COMA (Contemporary Music for All (A company limited by guarantee)

UNAUDITED FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

CHARITY NO: 1067282 COMPANY NO: 3429608

CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] 2022

CONTENTS

Page 1. Reference and administrative information 2. Structure, governance and management 3. Objectives and activities 3 - 4 4. Achievements and performance 4 - 5 5. Reserves policy 6. Designated funds 7. Statement of Trustees’ responsibilities in relation to the accounts

REPORT OF THE TRUSTEES

FINANCIAL STATEMENTS

  1. Statement of financial activities 2. Balance sheet 3. Notes forming part of the financial statements 9 - 13

INDEPENDENT EXAMINER’S REPORT

14

1

CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] March 2022

REPORT OF THE TRUSTEES

The trustees are pleased to present their report together with the unaudited financial statements of the company for the period ended 31 March 2022. This report and financial statement cover a 15 month period 1 January 2021 to 31 March 2022.

Reference and Administrative Details

Name of the charity: CoMA (Contemporary Music for All)

Registered Charity: 1067282

Company Number : 3429608

Registered Office: 56 Downham Road, London, England, N1 5AY

Principal Office: Queen Mary University of London, Mile Road, London E1 4NS

Principal Bankers: Barclays Bank PLC Mile End and Bow Business Centre 240 Whitechapel Road London E1 ILS Accountant: Clark Page 32 Milton Court Chadwell Heath RM6 4JP

Company Secretary: Chris Shurety MBE (resigned 13 January 2021), Mick Kahn (appointed 13 January 2021)

Directors and Trustees

The Directors of the charitable company (“CoMA” or “the charity”) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees or the Board of Directors.

The members of the Board of Directors serving during the year were as follows:

Marc Dooley Dr Antony Harris Dr Janet Oates Laurence Rose (retired 15 November 2021) Tom Service (Chair) Ruta Vitkauskaite Alex Wright (appointed 21 July 2021) Vijaya Govindan (appointed 21 July 2021) Roisin Hughes (appointed 21 July 2021)

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CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] March 2022

Structure, Governance and Management

Governing document

CoMA is registered as a Company Limited by Guarantee governed by its Memorandum & Articles of Association dated 5 August 1997, as amended.

Appointment of Trustees

Trustees are appointed in accordance with the provisions of the Memorandum & Articles of Association. At each Annual General Meeting one third of the trustees are subject to retirement by rotation. The trustees may at any time co-opt any duly qualified person to be a trustee but co-opted trustees hold office only until the next AGM when they may stand for election as trustees. Retiring trustees are eligible for re-election. Trustees are required to familiarise themselves with the Charity Commission publication “The essential trustee: what you need to know, what you need to do”.

Organisation

CoMA’s Board of Directors meets four times each year to oversee CoMA's strategic purpose, plans and finances.

During 2021 CoMA was staffed by a core volunteer team alongside one paid employee (Festival Director), covering the roles of executive/artistic director, festival director, music librarian, communications, and bookkeeping. Two short-contract staff were also employed to support delivery of the 2022 CoMA Festival. The team was primarily home-based, before moving into CoMA’s new office at Queen Mary University of London in November 2021. The core team is responsible for CoMA's networking, developmental and advocacy roles and for organising a national programme of music activities that includes commissioning, educational residencies and workshops. The team is also responsible for project management, membership and information services, the website and an online contemporary music library.

On 19 January 2022, CoMA’s Board of Directors formally voted Tamara Kohler as the successor to the Director of CoMA (Chris Shurety). Tamara commenced this appointment on 20 April 2022.

CoMA’s commitment to nationwide music making provision continued to be organised through regional branches in the UK and associate ensembles abroad. The branches are organised as contemporary music ensembles, each managed by a volunteer committee comprising a chair, treasurer, membership secretary and task-oriented committee members. These ensembles serve as ambassadors for contemporary music, determining, organising and promoting artistic activities in accordance with CoMA’s charitable objects. Network meetings attended by representatives of CoMA branches and associate ensembles provide an opportunity to review CoMA’s overall aims and plans. Whilst the COVID19 pandemic continued for much of the reporting period, quarterly meetings were still able to take place via Zoom.

Risk management

The Board of Directors monitors the risks to which CoMA is exposed in carrying out its activities. As part of this process, it operates a risk management strategy that comprises:

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CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] March 2022

Objectives and Activities

Objects of the charity

CoMA’s objects, as set out in the Memorandum & Articles of Association, are to ‘advance the education of the general public in the art of music, in particular to encourage amateur musicians to take an active part in contemporary music-making’. In July 2021, CoMA core staff and Board of Directors redeveloped the organisation’s current vision and mission statement.

CoMA’s Vision: Open contemporary classical music to everyone, and to celebrate participation in new musicmaking as a meaningful and essential part of our lives.

CoMA’s Mission is to create a culture of musical participation and collaboration. We create environments for amateur, emerging and established music-makers and creators of all backgrounds and abilities to build musical communities and new repertoires. CoMA exists to share those unique experiences and practices as widely as possible across its networks, from audiences to institutions, from music education providers to professional performers and creators.

Public Benefit

The Board of Directors has complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. In pursuing its aims for the public benefit, CoMA offers:

CoMA’s on-going commitment to generating new repertoire through commissions, calls for pieces and student composition projects aims to create a unique legacy of high-quality music of benefit to players and audiences for years to come. In addition to the public educational benefits to participants and audiences mentioned above, CoMA is committed to open access, encouraging participation by musicians with varied skills, experience and expectations, and concessionary rates for both its membership and audiences.

Activities

CoMA’s core practice is underpinned by three pillars:

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CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] March 2022

In addition, CoMA has a wide range of on-going partnerships, with

Contribution of volunteers

CoMA benefits from volunteer input to the development and day-to-day running of its regional ensembles (estimated in the region of £35,000) and the management of CoMA by its central office staff (estimated at £45,000) In addition Board members have given generous amounts of time to specific projects, including, for example, editing the partsong publication. This together with professional musicians offering services at reduced (in some instances no fees) contributed another estimated £20,000 of in-kind support for CoMA activities

Achievements during 2021- 2022

Contemporary Music Ensembles

The backbone of CoMA’s performing activity, the regional ensembles, offer musicians regular rehearsals, workshops and public performances of commissions, works submitted by local composers and other contemporary works. Whilst the Covid-19 Pandemic has meant that most ensembles were unable to meet until mid 2021, many ensembles continued activity online. Throughout 2021 ensembles operated in Bristol, East Midlands, Glasgow, Leeds, London, Manchester, Sheffield and Sussex, CoMA Singers (in London) and associated ensembles in (CoMA Limerick), the Netherlands (CoMA Maastricht and CoMA Eindhoven), France (MusEA), Belgium (as part of the MATRIX centre’s participative activities) and in Germany (KNM Campus ensemble).

International Contemporary Music Festival

CoMA’s fourth Festival of Contemporary Music for All took place from 4-6 March 2022.

As a result of the Festival, new ensembles are being developed Birmingham, Isle of Wight and partnerships were either born or strengthened with soundfestival (Aberdeen), Huddersfield Contemporary Music Festival, BSO Resound (Bournemouth), Nonesuch Orchestra & Queen Mary University of London.

The Festival included an online digital platform, providing access to amateur musicians across the world. The platform included live-streamed performances, online workshops, talks and social spaces.

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CoMA (Contemporary Music for All) (A company limited by guarantee)

Report and Financial Statements for the 15 Months to 31[st] March 2022

Repertoire

CoMA’s most recent vocal and instrumental commissions were premiered during the Festival in March, including a work for allcomers orchestra by Oliver Leith. In all there were five instrumental Open Score works Héloïse Werner, Xia Leon Sloane, Amy Bryce and Yshani Perinpanayagam, plus three by Simon Knighton, Atefeh Einali and Emily Abdy, the result of an ongoing collaboration with nonclassical and its associate composers. The festival also included the launch of CoMA’s chorale partsong edition with new works commissioned by Paul Burnell, Alexander Campkin, Jürg Frey, Hollie Harding, Joel Järventausta, Hannah Kendall, Catherine Lamb, Janet Oates, Yshani Perinpanayagam, Shirley Thompson, Andrew Toovey and James Weeks.

Twelve school students wrote new works for the Nonesuch ensemble which were also premiered at the 2022 Festival. CoMA also commissioned a digital collaborative work developed by Danny Clay & Michiko Theurer and CoMA musicians.

Education

The pilot of CoMA’s youth scheme mysounds took place across 6 months, concluding with a self-devised performance at QMUL. 5 participants from the scheme have now joined CoMA ensembles or have continued engaging with fellow CoMA members and projects.

Reserves Policy

It is the policy of the Board of Trustees that reserves be held of an amount equal to a minimum of 6 months' operational expenditure, currently equating to £8,000. This target has been achieved during 2022 and allows the establishment of a designated fund for Organisational development to be drawn upon at the Trustees' discretion, in order to respond dynamically to changes in the environment in which CoMA operates and secure its future sustainability.

CoMA ensembles based in England and Wales continue to be responsible for creating and managing their own reserves, with a cap of £2,000 per ensemble; funds in excess of this are apportioned to CoMA’s Commissions account.

Designated funds

The Commissions fund has a separate bank account and is solely for the use of commissioning new works in accordance with CoMA’s commissioning policy. As of 31 March 2022 there was £532 held in this account.

COMA (Conlemporary Muilc for All) IA company Ilmlted by guarant••) R•port and Flnanclal Ststements for th• 15 Month• tg 31•t March 2022 Stat•mont of Trusts•8' R•spon•lblllU•s In r•latlon to th• account• Th8 trust888 are responslble lor préparing the rep)rt and accounts In aG￿rdIne0 wlth thè ap￿1¢*bre law and Uniied Klngdom Generalty Accepted AttounUng Pr8etlce, Company law rnqulres the trusta85 to prepor8 a¢￿￿nts thal gfve a tru• and falr vlow of th8 Slate olaffairn of the company at the end of each finandal year And of th8 8urplu8 and defidl or1058 for that pèrtod. In dolng so tha trust888 arè roqulred to: select sull8bl8 accountlng pollcl8S ond then apply them conslst8ntly, make ludgements and esllmat8s that are rea80nable and prudent, follow applicablo acajuntlng 8tandarf8. subject to any maierS0l departures dlsdos8d and explalned In the acwunts. and prepare the accounts on o golna concém ba818 unlas¥1118 Inappffjprfate lo presume that Ihe company wlll contlnuo In bu$Ine￿. Th& trustees are r8sponslble for malntslnlng proper a¢￿untIn0 records which disclos8, with reason8ble 8(xuracy at any ￿rna. tha finandal posluon of the company and to enable them to ensuio that the acmunts comply wlth the Companles A¢t 2006. The trustees aro also rgsp)nslblè lor 88fèyuarding tho gssets of the company and h8nco for taking reasonable 8teP8 for the prevontlon and doledlon ol fraud and othor irrngularitles. Tho réport of tho trustees has bean prepared taktng adventsge of tho 8mall c4ynpanles exemption In Secllon 415A of tho Companle8 Ad 2008. Thls report wa8 8pprov8d by the 808fd of Dlrectors on 13th July 2022 and 81gned on it$ ￿hall by.. Tom 8•rvle• Ch8ir

7

COMA (Contemporary Music for All) (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) for the 15 Months to 31[st] March 2022

Unrestricted Restricte
d
Notes
Funds
Funds
£
£
Incoming resources
Incoming resources from generated funds
Voluntary income: Donations
788
-
Subscriptions
23,547
-
Gift Aid 3
-
Investment income: Bank interest
-
24.335
-
Incoming resources from charitable activities
Income from educational activities 2
4,322
-
Grants for educational activities 3
-
81,328
Repertoire Development, including music sales
2,627
-
Income from regional events
9,904
-
16,853
81,328
Total incoming resources
41,188
81,328
Resources expended
Charitable activities
Education 4
2,503
62,798
Regional Ensembles 5
18,189
-
Library/Commissions
125
-
20,817
62,798
Governance costs
Management and administration 6
17,513
-
Total resources expended
38,330
62,798
Net income/(expenditure) for the period
before transfers
2,858
18,530
Gross transfers between funds
-
-
Net movement in funds
2,858)
18,530
Total funds brought forward
27,564
4,534
Total funds carried forward
30,422
23,064		 Total
Funds
2022
£
788
23,547
-
-
24,335
4,322
81,328
2,627
9.904
98,181
122,516
65,301
18,189
125
83,615
17,513
101,128
21,388
-
21,388
32,098
53,486		 Total
Funds
2020
£
645
17,975
-
3
18,623
14,654
65,582
505
1,196
81,937
100,560
83,006
10,596
1,225
94,827
7,629
102,456
(1,896)
-
(1,896)
33,994
32,098

All incoming resources and resources expended derive from continuing activities.

COPAA (Cont•mpornry Mu•lc lorAII) IA company Ilmlt•d by qumnt••) ALANCE SHEET a• •t 31•1 M•rch 2022 Not•• Total Fund• 2022 Total Funds 2020 Flx•d A•••ts - tanglble a8Bets 1.714 1,714 CuTr•nt u••l• DebtorB 21,075 Ca8h al bank and In hond 70,993 46,835 Cr•dltor•: amoun18 falllng due wlthln one year 10 N•t curT•nl a•Mts N•t u••ts Fund• R•Atrlct•d fund• 23,064 4.354 R•glonal R•••rv 19,528 13.829 Unr••trlet•d lunds: G•n•ral fund Total fund• The dlroclors arn $0118fflad Ihat th8 eonpany18 enlltied to audlt axompllon under Sedon 47T of th Compan188 A￿ 2we and Ihat no momb8r or membern hovo rnquutsd on audll pursuant to S￿l￿on 476 of tho Act. Tha dlrector8 ocknowledgè Ihelr m8p￿51b1l￿l88 for. nsuring that th6 compBny keeps proper I¢￿untIng record• whlch comply wtlh Sodon 386 of the CompAnl88 Art 2(Ki6: arKI prep8rfng finondal 8taiement8 whlch glve a true and 18lr vl6w of th• •tal8 of affalr8 01 the )mpany 88 at th& end of th• finandal yaar 8nd of rt8 results ft>r the flnandal y8ar In accordance thlth th8 requlTements of Section 398 of the Compan188 Act 2(J)6. end whlth olhoTh¥ls8 ￿)mplY wlth tho requlrèmants of thli Act rolalng ts flnondal slaloments. 80 lar as appllcablo lo the company. Tho financhl 8talernents havo b8en prèpared In 81￿rdance vAth the spedal provlslons In Part 15 of th8 Companies Acl 2006 relating to Small tt)mpan1è8 and in acttjrdanca wllh Iha FSnAndal Reporung Standard for Stnaller Entlties (offectiva Aprll 20081. The flnancial ststements wer8 approved by the 808rd of Dlreclorn on 13th July 2022 and slgned on it8 bahalf by: Tom Sorvl Chalr

9

COMA (Contemporary Music for All) (A company limited by guarantee)

NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

1. Principal accounting policies

The principal accounting policies, which have been applied consistently in dealing with items considered material in relation to the financial statements, are summarised below.

Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006, applicable accounting standards, the Financial Reporting Standard for Smaller Entities (effective April 2008) and the Statement of Recommended Practice ‘Accounting and Reporting by Charities issued in March 2005 (SORP 2005).

Fund accounting

Unrestricted funds comprise accumulated surpluses and deficits on general funds. They can be used in accordance with the charity’s objects at the discretion of the trustees.

Restricted funds are those which can be used only for specific purposes within the objects of the charity. Restrictions arise when funds are raised for a particular restricted purpose or if restrictions are specified by the donor.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income, it is certain that the income will be received and the amount can be quantified with reasonable accuracy. The value of donated services is included at the price which the trustees estimate they would otherwise have had to pay in the open market for such services and an equivalent amount is included as expenditure under the appropriate heading in the Statement of Financial Activities.

Incoming resources from charitable activities consist of fees received in respect of events organised by the charity and income from other national and regional activities, including box office and fees paid to ensembles in respect of appearances at festivals and other third party events.

Resources expended

Resources expended are included in the Statement of Financial Activities on an accruals basis and include any VAT which cannot be recovered.

Charitable expenditure comprises costs incurred by the charity in the delivery of its activities, including those costs which can be allocated directly to such activities and costs of an indirect nature necessary to support those activities.

Governance costs are those costs associated with the general running of the charity, including the costs of constitutional and statutory requirements.

Depreciation

Depreciation is provided on tangible assets at the following rates, based on the estimated useful life of these fixed assets and their anticipated residual value:

Furniture, equipment and musical instruments: in equal instalments over 3 years Computers: in equal instalments over 2 years

10

COMA (Contemporary Music for All) (A company limited by guarantee)

NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

2. Income from Educational activities

Midwinter Composers Masterclass
National Festival
Online Summer School
Lethe Project – Greece
Total		 Total
2022
£
2,245
777
-
1,300
4,322		 Total
2020
£
11,361
1,708
1,585
-
14,654

3. Grants

Arts Council England
PRS for Music Foundation
Gift Aid
Britten Pears Festival 2020
Foyle Foundation Festival 2020
MBF RVW
National Foundation
Samuel Gardner
D’Oyly Carte
Total grants		 Total
2022
£
49,665
9,550
-
-
-
2,000
13,613
1,500
5,000
81,328		 Total
2020
£
42,039
-
8,543
5,000
10,000
-
-
-
-
65,582

11

COMA (Contemporary Music for All) (A company limited by guarantee)

NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

4. Education – cost of activities

Mid Winter Composers
Central office costs apportionment
National Festival
My Sounds
Online Summer School
Lethe Project Costs
Nature Unwrapped
Total		 Total
2022

£
1,755
-
1,755
55,366
5,007
670
2,503
-
65,301		 Total
2020
£
12,653
-
18,018
67,632
-
2,121
-
600
84,231
5. Regional ensembles
Artistic costs
Marketing and publicity
Administration
Total
6. Management and Administration of main office
Office rent and other overheads
Accountant's fees
Statutory charges
Donations
Professional fees
Total
Less Apportioned to specific events:

This year no centrally organised events
 2022
£
15,911
1,282
996
18,189

2022
£
9,565
2,400
48
2,500
3,000
17,513
-

-
 2020
£
9,251
192
1,153
10,596
2020
£
3,281
800
48
-
3,500
7,269
839
6,790

12

COMA (Contemporary Music for All) (A company limited by guarantee)

NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

7. Fixed Assets – tangible assets

Computers
Furniture, office
equipment &
musical
instruments
£
£
Cost
Balance brought forward
3,880
4,426
Additions (disposals)
-
-
Balance at 31 December 2020
3,880
4,426
Depreciation
Balance brought forward
3,880
2,141
Less re disposals
-
-
Charge for the year
-
571
Balance at 31 December 2020
3,880
2,712
Net book value at 31 March 2022
-
1,714
Net book value at 31 December 2020
-
1,714
ebtors
2022
£
String Course
Arts Council Grant received in July
426
19,998
Travel costs to Greece
614
Prepayments Mid Winter
37
Total
21,075
ash at banks and in hand
2022
£
Central office
30,390

Regional ensembles
19,528

Total
49,918

Creditors: amounts falling due within one year
2022
£
East Midlands balance
2,710
Regional Credit
443
Maastricht travel
1,458
Accruals National Festival
14,610

Total
19,221
 Total
£
8,306
-
8,306
6,021
-
571
6,592
1,714
1,714
2020
£
426
-
614
-
1,040
2020
£
31,880
13,915
45,795
2020
£
2,710
443
1,458
11,840
16,451

8. Debtors

9. Cash at banks and in hand

10. Creditors: amounts falling due within one year

13

COMA (Contemporary Music for All) (A company limited by guarantee)

NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the 15 Months to 31[st] March 2022

11. Restricted Funds

The restricted fund balance represents the Commissions Fund £533 as at 31 March 2022 ( 2020: £4,354) . The fund is to be used to fund new commissions of works for CoMA.

12. Unrestricted Funds

Unrestricted funds are the general funds of the charity which may be used for any of its activities.

13. Taxation

COMA is a registered charity and, therefore, is not liable to income tax or corporation tax on income or gains derived from its charitable activities as they fall within the various exemptions available to registered charities.

14. Liability of members

CoMA is constituted as a company limited by guarantee and has no share capital. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10 each.