Company registration number.. 04056093 Charity regislratK)n Trumber". 1083903 Clonter Farm Music Trust Unau¢Jited Financial Statements Ihe Year Eled 31 Dè¢8mter 2023 Bright Partnership Limited 1 Park Street Ma¢clesfield Cheshire SK11 6SR
Clonter Fami Muslc Trust Contents Reftrrence and Administrative Details Tnjstees, Report 2to18 Indèp&rènl Examinerfs Report 19to20 ststement of Financial h£tiwbes 21 Balance Sheet 22to23 Notes to the FinancAal Statements 24to31 Detaile(I Ststwnent of Financial Activities 32to33
Clonter Farni Music Trust Reference and Administrative Details Trustees N Mathias. Chainian Lady A K Pilkington MBE S Farmer J J Meadmore EJBlwd D Billings N Mathias. Chain)an S•cretary Charity Reglstralion Numl) 10839)3 Company Registration Number 04056093 R¢gi$lèrÈd Offic• Clonter Farm Swettenham Healh Congleton Cheshire CW12 2LR Independent Examiner Bright Pathetship Lwnited 1 Park Streel Macclesfield Cheshire SK11 6SR Bank•rs Barclay5 Bank PIC 22 London Road Akledey E(Jge Cheshire SK9 7EA Page 1
Clonter Farni Music Trust Trustees. Report Clonter Op•ra Theatre was fgundèd in 1974 gaining charilablè status as Clont•r Fam) Mus•c Trust ICFMTI and a company limited by guarantee in 2000. Clonterfs education ou11h programm• for s¢hools in the Northwest first gained charitable status in1990. The Trustees, who are also directOTS of the charity lor the purposes of th• Companies Act 2006. pseTht thèir rèport with the financial statements of the Charity for the year ended 31 Decembèr 2023. The Trustees have adoptèd the provisions of Accountlng and Rtportlng by Charities.. Statement of Recommended Practic• applicable to charilies preparing their a¢¢ount$ in aceordance with the Financial Réporting Stsndard appllcable in thè UK and Republic of Ireland IFRS 1021 {èffective 1 January 20191. The Trust operates Irom Clonter Opera Theatre. Swettenham Heath. Congleton. Cheshire. and 15 the only rural venuè-basèd op•ra company in the Northwest of England dedicated to emerging artists. 08JECTIVES. AIMS AND ACTMTIES 1. Objeetives and Alms of Clontew Farn) MusSc Trust {CFMT) Charitablè ObltiveS and Aims 1.1. To prowde high quality trainiry and experience of pertorming pubticly for persons embarking on prolessional opera careers in ihe United Kingdom. eslatslish such courses ol training and tuition, and such public concert slage and olher perforniances, as Ihe Trustees shall see fit. 1.2. To make courses accessible 1h tNJrsaries. Pang all part of Ihe expenses of persons incurred in the attending ol such courses. 1.3. When appropriate. professiona developmtrnt opwrtthtties are offered to more established artists. 1.4. To bridge the gap beeen conseNatoire and professional work offering cast member5 an environmenl in which to nelwcKk. develop their craft. and share an artysts"c experience vrith olhers who enjoy and support Ihe Arts. 1.5. To extend prolèssional development opportunities to emerging professh)nal designers and technicians vthenever possible. 1.6. To provide performance opportunibes for emerging wtists from other musical genres. 1.7. To advance and promote the appreciation and enjoyment of the art of music and drama to the general public. induding Ihe eldwty arKJ other marginalised groups. as wdl as and colleges. 1.8. To offer free workshops to sdM)ols within post-industrial and rural "Cold SKK)ts' ol the Northwest of Englan¢Y introducing them to artfomis and creattve skblls they may never olherwise experience or have the ¢Jpporiunity lo develop, wilh the telief thal every chikl shwkl have &sS lo high-quality rnusic making. Page 2
Clonter Farni Music Trust Trustees, Report 2. Activities Thg Tnjst achieS the above objectives thrcKJgh the fomowry actitieS.. 2.1. With the staging of tts ¢Jwn annual prtyjuction wilh specialty reduced (xchestrations and without choruses. focussing sOurceS of shoKasing artists rf0M)I3 prinapal rdes. The awarding of an annual opera prize Iwhere 6 singers. nominated by the UK'S leading conservatoires. come head to head, for a singing competition at Clonler). Ihe provisK•n of two opera studios. culminating in showcase oncerts. and delivery of workshops and perforniance opportunities lor sthoo& and musical teas for the eerty. 2.2. Each year CFMT historically has audilioned 140- 200 singers from music cdleges around the UK as well as holding indèpendent audrtions lor singers just starting their professional careers in London and at Clonter. This year 200 singers were auditioned ijigitalty and 60 shortlisted for live auditions in London in November for thè 2023 summer Opera prJuction, opera studM)s in May and November. For those selècted, aftec these comprehensive audilions. ihe benefits of re5identsal faolities, and a supporting slaff of exceptional calibre. ensure that these emergirwJ Singers achieve maxwnum potential during the opera studi95 and th8reaftar. CFMT is an equal opportunities OrganaOn offèring free auditions. Travel expenses are paid for those travellirwJ bng distsn¢es removing obstacles of cost. 2.3. Clonter is a registereij Arls Award Centre enaf)ling Yn9 peOe to gain progressive, nationally recogni5ed Arts Award Qualifications. Arts Award 15 also an Approved ACtIty Provider offering recognised activities as part of the skills Secti of The Duke of Edinbur9h's Award. 2.4. Clonler makes its facilities availthle at reduced costs to otlw arts organisalKJns with similar aims. to nurture emerging talent, and provide access to hwjh quality live music. 2.S. Clonter is 8 cultural deslination prowding a rich and diverse progrdmme of music218vents throughout the year Iluding.. Folk, jazz, gospel and chamber music, as wdl as opera. aiming to make hh quality live musical entertainment as accessible as possible to Ihe widest audience demowaphir possible. as well as offering performance opportunits.es lo emergirig artists in all genres. 3. Activilies in 2023 3.1. General notè - Recognising that flebIlIty and agilty wwe key to surviwng after the Arts Council Cultural recovery funding ended in 31 Mar¢h 2021. CFMT has continued to diversify and adapt lo thè new ultural and e¢onomic climate post-covid still keepirvJ its focus on provKJing opportuntties lo artists and technicians. 3.2. Collaborations - Post cod, CFKff identified the importance of o)Ilakwalion vth other lotal arts orgaftisations mixe than ever, and in 2023 Cknter presented 4 chamber Music concerts whh incILed a member of the Kanneh-mason family, continving on the work of the fomer Holmes Chapel Music SIetY. In add'On Clonter has Ic*med a ¢CAL4tr>rth"o wlh kxal arts organIsat Goosefest. who run a fests"v31 every October, hiring the theatre for one of their events. wthich is publicised on our websile. and Ihey reciprocate wlh OUT September events. Page 3
Clonter Fami Muslc Trust Trustees. Report 3.3. P•rfomianc• Opportunities - Ck)nter offered perfcrfming opportunitie5 to 216 creative artists and practitionèrs, ol which 28 were emerging or earfy career opèr8 singers. vh)0 all CeNed bursaries. free accommodation and lood during their stay at Clonter. 16 techniaans were also engaged in 2023, of which 3 We offered paid apprenticeships free accommodation. travel expenses and food duiing their stay. Clonter also provided a stagiThJ opportunity to a total of approximately 600. with all Ihe participants of the Love Music Twst Spring showcase, the Sylk Dance School, and Ihe Great British Music Camp. 3.4. Subsidis•d External Hires CFMT conshjers the provision ol subsmlised extefnal hire as an extension of its collatM)ration poly. CFMT continued to subsidise the Sk Dance Academy showcase, the Great Bnts'sh Mu5iG Camp, and The Love MUS Trust held annual (%lebratory weekend concerts at Clonter. 3.5. Opera Prize - 6 emerging opera singers. nominated by 6 ading ¢onservat¢ires. performed before a panel of judges. Represenlats"ves from leadirvJ opera companies such as Opera North. Scottish Opera. Glyndebourne and The Royal Opera House %bEre invited to sit on the judges. panel as well as managing agents. This event invites Ihe audience lo vote. acting as one member of the panel. The prize money was £1.500 cash and a fikred Cital worth £1,500 and the runner up pnze was £1.000. 3.6. Musical Teas for the Elderty Two teas were performed on consecutive days. tK4h in arvj then again in December. This event offers an exlra performing opp(xtunity for emerging singers, who have recently performed eithèr in the workshop proyramme or opera productions al Clonter to experiment with. and broaden their repertOlTe. at the same lime as providing 8n event that is accessible to marginalised groups ¢)n Tuesdays in Ihe fom) of a 'relaxed perfomance, for care home residents. and Ihose been ¢ared for at home, and on Wednesdays for those caring for Iheir bved onès at home. or who pfer not to go out at night. Both events also tKovide an opw>rtunity to ng al. 3.7. Rams•y Room Sessions - Davè Ital and Xantone Blacq introduced jazz. funk. and soul lo Clonter. attracting a more diverse audien in the intimate.club style- selb"TrJ of th8 Ramsey Room. 3.8. Masterclass Opera Studio & Spring Opera Showcase - This annual event offered an opportunity for 5 singers to work with a director and rnusic director on rertOlre of their own choice as well as ensembles chosen by Ckjnter. One Masterclass was open to the PU4C and was followed by Thè Spring Opern Showcase, from which extremely posiltve lÈÈilback was ceiVed from the participants, 8n(J continues to forTn a Pivotal comer stone in the core aims and objective5 of the Iwst - brK19ing a gap between conservatoire and the wOfess. 3.9. Jazz in June - This year James Pearson's and Friends included a yotjng and lo¢al emerging saxophonist. Alex Clarke. who played alongsKle singerlsonwter Polly Gibbons. who featured one of her own songs. fr(Mn her album As It Is,. 3.10. Summer Opera Production - Clontw commissioned a new Inrale perfomiing edition. English translation, and dialogue for Mozart's The Magic Flute. and utilised projedions. all of which enabled Clonler lo produce this opera lor the first lime. Membèrs of the cast played multiple parts, instruments. sang all the choruses. puppeteer and mime parts on-stage. Page 4
Clonter Farni Music Trust Trustees. Report 3.11. Magic Flute-2023 Review and evaluation$ sumrn•ry Engagement Stats - 30 Creative pract.(mrS. 12 Technicians. 8 Products"on team members, 14 local suppliefs & 30 vdunteers. Tolal 97 peoKAe were eryaged to delivei this w>je¢t and work front of house. Audlènce Stats- 1581 audience members". 569 were newcomers. 103 were uThJer Ihe ag8 of 26, IUding groups the local YMCA receiving free bckets. A New Translation - Clonler commissioned internationally renowned Director Michael Mccaffery to cre8t8 a nèw English translation of the libretto and d(althJue of this great wort enabling Clonler to create its own production of The Magic Flute for the firsl rne wth singers performing mullie parts. Journalistic Reviews Clonler's avowed aim is to be a plarform for emerging artists and a bridge from conservatoire training lo thè professional world. and its track record in achievirKJ that for nearly 50 years is impressive. This summer pr<xluction in the theatre-on-lhe-farm brgught 10 ywng singers together. bursting Wth talenl. and entertained its audience well. The are lew with such invenlive powers as those ol Ctonter Opera in Cheshire. Director MiGhael Mccaffery has put maginab"on and invention into every detail of it- Robert Beale . theartsdesk.com & Theatre Reviews North 3.12. Clontèr Fair- As part of our commitment to providing accessible entertainment to our local communty. CFMT held our annu4 clter Fair in September providing live musul entertainment. c(Hnplete wth a sp)rts day. dog S)W and classic car display. 3.13. Drop me off in Harlem - Cter wekomed back this wbrant youn9 jazz band called the Easy Rollers, led by a vocalist who had prevuSIY laken part in Clonlerfs Education programrne, master¢lasses and Spnng Opera Showcase, and Opera Gala. 3.14..Betty Bannerman Awaril for Fren¢hong - Winner lt31 - The winner ol this award gave a live recital, as per pre-covid. tn addition lo the Prize money- which was endowed by Clonter's Founder, Jéfféry Lockett, in honour of his mother. Betty Bannemian. for Royal Northem College of Music students. 3.15.Novembèr Opera Gala - This popular event is the culmination of a week's opera studB) offered to the very best singers seen al audition or %rked wth in recent years. 3.l6.D•e•mr Gospel Choir- This continued ow long association with the Lmdon Affventisl Corale and conductor Ken Burton. This event gives a platform for the thorale to perfomi new works lor the first lime as well as well-loved dassic Gospel songs. Page 5
Clonter Farni Music Trust Trustees, Report 3.17.EduGation Outreach - Catch up wilh Cullurg projects 2,178 children and teachers from 60 year gr(wJps from 38 schools from posl-industrial and rural areas of Cheshire. Warnngton. Staffordshire and St Hdens in Merseyside. Theatre Arts Days at Clonter ènabled teachers to use crèatsve arts to enhance temi topics and Ihe manifestation of creative thinkirng through de51gn. song-wrilirbg . comtx>sirbg and ca.9 recordings ol their songs, full sized set config¢Jralions and IhlIng projections. wth the assistance of professtonal creative practitioners. lechnicians and musicians. 224 children who took part in Performance projects wrote their own scripts and received addrtional design and song-writing workshops in school prior to visiting Clonler lo pèrform in. stage manage. and Itght for thèii (Iwn show, in front of other perf0rrnan prqèct parb"cipants. as wèll as their parenls. Free workshops and contributions io coach fares were offered to with a high proportion ol children eligible for free school meals and pupil premtum. Free workshops and Arts Award Log5 were also offered to primary sGh¢)ols in cultural c(Ad-5PQts lisled in the indices of muth.ple deprivation. The leacher5 wh brought thildren to Ctonter remarked on the added value of wsibrKJ and working in a large real-lrfe theatre in a rural localion, whwe children, most affected by the Pandemic, could see animals and trees they had never seen in real lifè belore. They enjoye(I the novel experience of collectirKJ conkers al Clonter and driving through the Cheshire counlry5ide which rnany had never 8XFAored wew¢ytsly. Wè increased Ihè roll-out of our HW)rid Musical Thea1 workshops for schools who are unable to come out to Clonter. These include set design workshops in Scho delivered by two wofessional designers, enabling Ghildren to cfeale1.'50 miniature sets lor 3 shakespea plays in model boxes. Aft materials, inspirab"¢Jn sheets, and Arts Award Logs are provKJed by Clonter. The design workshops are com eMnted by a virtual, interactive workshop and show called Puck's Adventure, with live on-line support and a Q&A session with 8 Cast member for schools who were unable lo rxjme to Ck)nter. 180 pupils have achieved Arts Award Discover qualrfKations Ir(¥n Trinity Co]le9e in London. Page 6
Clonter Fami Muslc Trust TTUStees' Report 4. Public B•n•flt 5.600 audience members attended Cknnter events, and 2,178 thildren and teachers booked in lo take part in Clonler workshops and an additional 750 people attending Love Musi¢ Trust. Great Britssh Music cafflp, Goosefest and Sylk dancè. events. 191 Free b"ckets were taken up by people aged 26 or under. We donated 134 comps to Tickets Good., who offer free tithels for NHS. charity sector workers and eost-of-living payynent r6cipiènts. Blue Light 8&1ge Hdders lèmergency semcesl. NHS workers. refugees, and Ih05e attendiro fcKKI bank5. were also offered free tickets. Many of those who took up this offer havè signed up to our digital mailing lisl and now receNe regular updates from Clonter. Digital reach... We have managed lo increase our youtu channel from 25,469 in 2022 to 33,000 in 2023. 498 new subscribers to our Dot mailer list 98.495 unique opens. Facebook page visits have grown by over 40ts/0 comparèd with 2022 wtth a page reath of 203,646. We have become more ackn.ve on Instagram with 100 p)sts this year and our reach has grown by more than 25¥• to 1.761 followers with an averagè number ol views per video growny by 140% wlh 653 views per id80. We have 260 new Instagram followers whereas our Twitter follower count has dropped by 35% leading us to believe that Twitter may no k)nger be a valuable promotion plattorn for our events. The numbeT of page views for ¢)ur website has grown by 30°/o to 148K wth 25K users whose bcrtjnce rate has dropped by approx. 30% showing that users havè b8èn spending moré b.me interactsrwJ wth our site. The average user rK)w dicks on approx. 6 pages during their session compared wth 4-5 pages in 2022. The newcorner stats for 2023 are mixed. 15% of this year's Opera PrrLe audience wero newcorners, and we saw 320/0 newcomers at the Spring Opera Showcase and 36% lor The Magic Flule. We saw 24% increase in newcomers attending Chamber M¢Jsic concerts. The most notable surge in ts'ckets Sales was Drop Me Off in Hadem with 55% increase in attendancè. The Opera Gala saw 24% and the spe1 concert saw 26% newcomers. 5. People The 2023 season gave perfomiance opportunits to 216 artists and ¢reab"ve practitioners (dèsigners, directors and musKians. audio visual deSne(SI of vthich 28 were emerging opera sirngers. resulting from audib"oning ovèr 200 singers. We prowded work and professional dèvelopment opportunities to 16 technicians Iltghting, siage managernent. wardrobe mainlenarTrce and sound engineers) and have 35 vduntéers and 32 regular 5eNce providers. Pap7
Clonter Farm Muslc Trust
Trustees. Report
6. Financial review
Overview
The charity has defiut unrestricted fund5 for the year of £35.421 {2022 £18,755 def11)
The Trusts f5nances were supmed by subordinated h)ans of £35.000_ &"nce ihe year end. the term of all
the subofdinated loans have been exterbdèd to the 31 March 2024. Increased efforts lo secure future
funding is a high priority and a new fundraising manager has been appointed to maximise the fvndraising
potential of new solfv4are and customer relats.)S management system.
Reserve policy
The Trust ulilises Its unreslricted funds to prowde working capital. fund capital replacements and to cover
any deftcits. The nStricted reserves sland'at £101.281 12022 £136,702) The trustees have previously
set a reserve policy lo buikl up free reserves to equate to six months of operating costs which has not
been achieved this year. The trustees are working on slrategies to buikj the necessary lèv81 of reserves in
the future.
Investmènt policy and obJ•ctives
When investing surplus funds the Trust seeks appropriate prolass advi. At the present lime surplus
funds are placed on deposit
Going concern
There are no material uncert3inb.es about the charitrfs ability lo continue to operate for a twel month
period fr
Clonler Fami Music Trust Trustees. Report 6.1 Philanthroplc support - We extend our deepèst gralitude to our indi*idual donors. ¥those gènèrous financial support has beèn primarily instrumenial in ènabling Cbnler to continue nurturing emerging artisls. allowing thern to gain valuable training and perforniing experiencé through Clonter's productions and other showcase opFx)rtunitiÈS. In 2023 Clonter Launched ils -Let us be 50 IWpeal' resulting in sleady flow ol donations and edge5 of malGh funding for the 50th Anniversary Appeal in 2024. The match fund appeal will be launched with an endorsement Irom Sir Mark Elder. CH,CBE who has graciously agreed to serve as Clonlerfs new Patron. We remain committed to keeping Funders and Clonter Friends and Patrons engaged with our work through regular updates, evaluations, newsletters and digital mailers. These efforts ensure Clonler remains in the forefront of people's minds detnonstrating how effectively we alun wth the goals ol our funding partners. Clonter conlinued to work with over 20 funding partners. During every Clonter perfomiance appeals were made from Iht sta9e. for ntw Friends. Patrons and charitable support, and additional income was raised fr( the sale of raffle tickets during suppèr inteNals. 6.2 Ticket Pricing - We are pleased 10 report an irKrease in ticket revenue compared lo 2022. wilh The Magtc Flute exceeding its budget projections. In line with our commilmenl lo broadeniThJ accessibility, we introduced 3 new pricing band at every event in 2023. makirvJ ts"ckets MO affordable to a wider audience. We thank everyone vtho attended our pwtom)ances and knk forward to welcoming them bad( in the future. 6.3 Frlends and Patrons of Clonter - The supwxt from Friend5 arKI Patrons continues to be vilal in ensuring the financial stability ol Clonter Farm MUS Tnjst. We express our sincere thanks lo those who renewed theii memberships and offer a wèmi welcome to those rew mernbers who responded lo our"Let us be SO Appeal". We repeated the new Friend5 and Patrons. evening fomiat to entertain the Friends. Patrorts major donors of CFMT in the Ramsey Room and foyer area of the theatre instead of on the main stage, thus retaining a more intimate atmosphere and alloweil the perfomiers lo d1ctlY express to the Friends how ValUae their experiences 81 Clonter had been lo them. 6.4 Charitable Grants whi charitable wanls and donation revels 2023 werè down on 2022 when we had two extraordinary grants, one of which was not renewed and the other being reduced by 500A. Arts Council England an Chèshire East did not rengw PreOU$ SUPPOrt for the second running. The TrL¢Stees of CFMT would like to thank all the trusls and foundations who increased their support for our"Let us be 50 Appeal" was crucial in enaIng Clonler to conlinue as a cultural destsnatson. aThJ benefith'ng emerging lalent, regional audiences. artists. schools. arhd the dderfy in (xjr local coMmlty. 6.5 Corporate Sponsorship- We retained our main corForate Opera sponsor forthe opefa. Page 9
Clonter Farm Muslc Trust Trustees. Report 7. Continuing our quest to gain an Environmental Quality Mark Clonter proposed to continue to: . Maintain Solar panels lo generate electricity Continue a Plastic iK>ttle free pc4&cy - We use Crag Spmg Water from The Peak District and milk from the Bidlea Dairy. They supply, collect and reuse glass bottles. . Contract ASH Wasle- to collect and recyc18 as much as possible. . Use compostable plastic and coffee cups . Switch tts low-énèrgy btjlbs throtjghoul the theatre therever possible. Prohibil the use of wet wipes in the theatre Insisl that any external hirers Use Enviro Skip, recydabbe w comFx>stable receptacle5, and reusable festival glasses. . Request that caterers use I1 suppliers Use sustainable photocopiers . Reuse printed matter as scrap paper . Ask cornpanies not to send us unwanted printed matter OT magazines by post . Targel mailers and print only the number of leafiels needed for those mailers to reduce landfill . Use email and social media rather Ihan printed matter a$ mtA¢h as possible Reuse banners and advertiwng boards with patches Buy hand wash in bulk and top up exisb.ng dispensers Use non-plasb"c tea bags and composting coffee beans in soil Use 100 /0 recycled toilet paper Use e¢0 versions of cleaning materials Use local suppliers as much as possible . Recommend local businesses and tfwrism lo ¢)ur custome(s Raise funds to insulate ihe roof Page 10
Clonter Fami Muslc Trust Trustees. Report 7. Achi•v•m•nt and Perfornmnce In acknowledgement of its benefi(xal contritxjt to Ihe perf(ing arts. the Trust ¥egulady receives testimonials from artists. teachers, heads of the UK Conservatoires. rev from critics and fvnders endorsing the value of this work. 7.1. "1 learned a k)t and am grateful for the platform which was my first attempt at an optrra which has sin¢e taken me all over the woAd" Sir Simon Keenlyside {Clorbterfs President) 7.2. "1 first sang for Clonter as Tatyana in Eugene Onegin as a stu¢Yenl. I was in a vicious circle of rot getting roles because I didn't havè enough experience and Clontei took a chance on me. It was a fantastic learning experience. working wth staff who wanted the best for the singers and the show. This year I sany for Clonler again. taking the risk ol singing a rde that I would not otheMise have had the courage to sing in a different enwronmenl. Ifioletta in La traviats. Once again it was a sharp learnM)g curve f(x me, bui again the conductor and director re fantast. I realty bdieve that what Ch)nter do nurturing and promoting your¥J talenl is unique. Next year I will make my debut in a lead role in a major house in the UK. Wthout my exrienCe on stage ihere {Clonterl. and the conla¢t I made, I would nol have taken the path I have done"Lèe Bisset 20QO 7.3. "1 am grateful to Ckjnler albwing me to find my strengihs in one of Donizetti's mosl challenging roles Lucia di Lammemoor whith is a rolè l am sure I wll perfom again and again. Clonter is an extremdy friendly and fun atmosphere lo work in... providing much hospitality and support for the young singèrs they nurture during their b.me there. I would rècommend rt to any young singer with very h(qh regard" Natslya Romaniw 2010 7.4. 'There isn'l any othef company that I can Ihink of Ihat bridges the gap behveen student and professional as well as Clonter. I was fortunate to work for three c(NnpaleS this summer all offering opportunities for young talent or young arlislsl Clonterfs casl was the only one with a full student emerging company. The others say Ihey offei optKxtunity"es to 'young artists, bui m05t ol them have been working professionally for atojt >10 years...Clonter is doing something urjique in our field. The level of guidance from the diwtof was ouistanding clearfy an incredible director but above all. an eduGator. I've never leamed so much Irom doing a rde- stsnding on your two feet to do Ihe live performance- it was like a professional tvr$e and performance. Amaing whal can achieve in such a short time of rehearsals...Being able to perfwm a challengtrkg rde in a safe space - I now have this under my bell 8n ready lor a contract to do it again. The pssUre of tloing a role h.ke this straight aw8y would be a scary thought- but at Clonter they guided me Ihrough it wth plenty of one to one coachings and support. The teaffl at Clonter are infftdibly generous. and providè a hard to top environmenl to work in... The ma#i ijiffèrence is the workirvJ environment. Liwng on srte alkjws us to really gel deep into the process and alk)ws us to focu5 entirely...I love Ihat it's a northem company Ihere aren't manyl I love the living site. .you can see how much care and time gjes into cieating this opportunity for us. It offers a professional opportunity for ng singers.Alexandra Lowè 2019 (eXandra gwned a place on the Jetto Parker Young Ast Programmè at The Royal Opera H$* in 20201 7.5. Yhe secret of Ckjnterfs ¢onlinuirwJ suecess is that it is bom and maintained out of 8 9enuine love for the art fomi. its origin5. history and future. 11 is a very special place. The rewards a the for all lo see, not only in the splendrd er results in each pr(x1uclion. but in the seeds planted in Ihe fertile ground ol young artist's professh)nal experience. The ROH recently asked me to cover a couple of smaller roles in the new Tumage commission. I've also got an au¢Jition th them at the end of this month wilh a wew lo further possible Yrk. Thi5 all came after Elaine Padmore's attendance al the Bntten Theat performance. and so l owe a debt of atitLKle Paul Carey Jonos - La C¢ner•ntola 2010 Page 11
Clonter Fam) Music Trust Trustees. Report 7.6. 'The regular drip ol {on-linel material frcn Clonter has exceeded many larw arts companies, kept in close touch with its audience and kept faith wth ils performers as well as given new work lo the free-lance film rnaking community- That's all a massive achievèment. I think Ck)nter has SpOnde quicker than most to the new cir¢umstances...V4yn Davies - Conductor- 2020 7.7. 'We appreciate all Ck)nter is doing fcy the stLKlents here at the Rordl Northem College of Music. To have opporttJnitie5 aVailaLe for otjr w)ung singews. to bring them frorn C(Alege-level to profeSsical engagemenl, is hugely important. It gives Ihem confidence, employment encouragement. Your generosity arKJ high standards ol both care and training. over many year5, arè ol immense valuè to them" Lynne Daw50n Head ot Vo¢al Studi•s RNCM 7.8. I've directe(I produclions, for all the major UK conservatoires. Irish eollegès and youth opera programmes BYO and for young arb'sts. programmes in opera houses intemationally. The on-site residential climension of Clonter pla a key-role in quickty forming an ensemble atmosphère which yields huge dividends in the linal prodLKtion. Clonter's setting and situation play an important role here. No stars, no special favourites, no pecking order. Remarkable. .It's a raie-if not unw4ue-ethos and one that should be encouraged and SUPP¢Nted. The small. integrated team made for a highly cohesive and effective line-management which. with excellent communirab"on. contributes lo an atmosphere of "can do'.....First-class Colleagues a¢ross the Ixwd. PraCtal. sensibk. réaIrst and professional. Michael McCaffery- Direetor 7.9. 'We have worked Vth the organisahon lor more than five years and each #r our partnership working glows stronger. During that time, we are pleased to have particulady supported their education programme, which provides high qualtty experiences and pathwa inlo arts ¢areers for young people...This comprises a series of arts and education workshops. resulting in the particlfitS receiwng their Arts Award Discover. The programme nol onty provide5 unique arts experienGes, also helps young people leam new skills and gain qualrficatK)ns. The oiganisation supports delivery of our Cultural Framework which will be implemented from April 2017... Clonter Fami Music Trust is succeeding in providing Cheshire East residents with high qualty arts progiammin9 and engagemenl.- Amy Lewi$. Cultural Eeonomy Development Manager Cultur•. Vlsitor Economy and Tatton Park. CheshlTe East Council. 7.10. "Jeffery Lockett has d6 me for opera in Britain than many better known nam•s" An indefatigable and conscientious auditioner, he has slarted rnany a singerfs career ar Clonter remains thè place to see tomorrtsws top talenl make its first appearance" Robert Thicknesst - Opera Now 7.11. "For those who like lo keep an ear on risiThJ Brilish operatic talent. periodic visits to Clonler Opera are essential. The list of those who have sung thefe since 1974 reads like a Who's Who of CUTreTrt casts in our {and Europe's) leading GompaniÈs"Mlchael Kennedy -The Sunday Telegraph 7.12. "Clonter's track record speakS rts Skill at talenl 5poUing and the value of its away-from-lhe-hothouse enwronment in building skills for future stsr performers... This year's La bohème is no excepbon.... Director Harry Fehr presents Ihe story as Rod(Afo. reluming to the attice in which great formatNe experien¢és of his youlh took IAace ..The set strikes you as S¢X as you sit down...Grace Venning s set striking and evokative_ At Clcnler vors are thing and this year they struck 901d. Robert Beale Manchester Theatre Awards 2018 Page 12
Clonler Farm Music Trust Truslees. Report 7.13. Clontsr travAs far and wde for its singers. The seven principals here came from six countries 8rKI four continents. no doubt also testimony to the magnèt that Britain sb"Il provKles for aspiring musicians astonishing success rale of Cknter's protegés since 1974. Nevertheless, Harry Fehr's production was proof of what can sbll be achieved on a b.ght budget. .The absence of ParpTrgnol's PiÈd Piper processKJn had an unÈxpècted benelil.. we were able to locus on Ihe byplay between Musetta and Marcello witholrt distraction...Clive Timms brovghl trus customary aulhority to bear on the Cbnter Sinfonia and it responded with discipline and enthusiasm. In the end, any bu¢Jgetsry privations faded before Fehr'5 successful evocation of nostalgia... Standards were extremely high...Martin Dreyer - Opera Magazine 2018 7.14. 1 believe thal the opportunity Clonter presents is neady singular. at bast in Ihe UK as it offers emerging artists thè chanGe to prepare principa roles withoLrt any Caats. [...] Numèrous professional development benefrts emil from this simple structure.. including notable CIV experience. connectK)ns with working profÈssKJnals in the IrKlustry. and photography ar Mdto that can be used on websrtes and psentatIonS to agencies etc not to menlion the working experience from pre-production prep. rehearsals. and then showrunnning. Thèse are things that other summer opera programs and even Conservatoire Opera Schools do not offer all of. Because of all these delai15. performing in Albert Heriing h85 been the most fomative stage opportunity I've had since I regularly performed prinapal roles during my bachelor's degree. I think Clonter is very much needed! Clonter is rare in that the produclion planning gives the wheel entirely over lo Ihe casi to ¢arry the show for a substanb.al run of performances. That is excepiionally rare for young prolessionals outside of schools. - Dani•l Kringef - Albèrt. Albert Herr5ng 2022 7.15. Whilst thefe arè other companies, this is one ol the few summer companies which cast all of the roles. including their biggest ones, from young singer5 right at the start of their career in a fully staged run of perfoTmaneÈs wrth an orchestra. arKJ this is sbl rather unU8. - Jack Roberts - Tamino. Magic Flute 2023 Page 13
Clonter Farni Music Trust Trustees. Report 8. Future Plans for 2024. 2024 marks thè 501h annlversary of Clonterfs existence. and we will present the most ambitiovs. diverse and accessible programffle to date. includiryj the commissKJning of a new play bwth music- Th• Butterfty House, and the inlroduclion of an extra jazz evenl. (dn9 a mini-jatt festival. Fundraising events will take place throughout the year in addrtKJn to our annual Friends and Patron's evening. 8.1. Clonler Farm Music Twsl remains committed to Mlenltyng and developing some of the most tslènt8d young opera singers in the UK thrwgh its Emerg4ng Artist pro9ramme which includes the Clont•r Opera Prize competition for 6 singers, nominaled by their colleges to be held in February and a fiITned recital offered to the wimer and runner ijp. Judges on the panel wll indude r8prèsentaiives ol Grove Ar.$1 Management. rhe Royal Opera H(Se, Glyndebc¥Jme and a fomier Music Director and establishe(l opera singer. A May opera studio and Showcase concert 11 be held for sing8rs on the cusp of baving col, as well as a Novefflber studTrts and h¥0 Golden Anniversary Gala concerts wth orcheslra for more experienced $gers. One of the Galas wll be a matinee to be performed on the Clonter stage. 8.2. For Clonter's %lth anniver$3ry surnmèr production Clonter has ryxnmissioned a rw bio-pic play with music about the dramatic life of Giacorno Puuini ¢2lled The Butterfly Hou$¢. The w'ece will include arias from 6 of his best k)ved operas and showcase emerging and earfy career singers of exceptional abilily. The show wll provide the basis ol our opera aUdnCe develtspmtnl strategy, making opera accessible for newcomèrs and Inlomative for seasoned opera lovers. A new percussion and piano arrangement has also been commis5Kned to accompany thÈ p"ece. This show wll be designed to be revived and tour in the future Ènabling cast members to be equally showcased, originale new 8¢ting roles and show their potential lo perfom iconic Pvwni operatic role5 for laiger h(KJses. The whole CatiVe process and performances wll be filmed and used to crèate a new interactive educational resource for secondary schools wishin9 to intr(xIU studenls ueati¥e arts careers. 8.3. Filiming Initiatives - Started during the Pandemic, wll be continued. offering singers Mat3[ to use for auditions and promotional purpose5 and give our audnCeS on-line access to selected performances and provide valuablè int&racb"ve educatK)nal resojrces. 8.4. Piaf to Pop- Christine Bowll's 5 star show from the Edinburgh Fringe. and well r8¢eivÈd Shows at the Wiltons in London. will be making its debut al Ck)nter in 2024. This follows on from previous well attended Edith Piaf shows at Clonter in the pasl. 8.S. Betty Bannernian Award for French4oTrg - IKinner recital - The wnner of this award is planned to continuè- this nlY èstablished tradition ol- giviTrJ a INe recilal, as per pre-covid. in addition to the Prize money- which was endowe(I by Clonlerfs F<xJndef. Jeffery Lrtkett, in honour of his mother, Betty Banneman, lor Royal Northem Cdlege of Music students. In 2024 we plan lo reccyd the recital. crèating extra online conlent as well as exlendirwJ the Val of Ihe ple by provisi(m of professionalty recorded and edited up-to-dale de0 material. Page 14
Clonter Farm Muslc Trust Truslees. Report .6. Jazz in June- Due to the popularity, and the pledge of spwsorshrp for the first kn'me. for this evenl. in 2024 we aim to dip our loe in the fèsth"val. by staging nights of Jazz. back to back. repeated the popular formula ol James Pearson and Frientjs on the Saturday night, but giving a platf(m to a Contemporary jazz singer and song writer. Polly Gibbon5. to pèrfomi her new album, 'As It is,, on the Friday night, promoting new wrib"ng, follow.ng launch at Ronnie Scotts. and her txrformance alongside Ronnie Scott's Artistic Director. James Pearson. w) 2022 to rapturous applause. thus paving the way for a receptive audience for her s)wn matefial. 8.7. Clont•r Fair- This event acts as a fund raising opp)rtunity bul also is attessible to people who would not otherwise datl(en our door. It also prowdes an opportunity to aff0m7 local musicrans to include orchestras wts) othemse wotJl¢J not bè showcased at Ck)nter currenty. 8.8. J•remy Sassoon's Mojo- Celebraling MUSlan$ of Jewsh Origin fr(xn Georye Gershwin to Barry Manilow. This local artist has been a regular in Ihe Goosefest pri¥Jramm•s over a number ol year. bul this evenl offers the artist an opportunity to reach his largest audience yet. 8.9. Tim Wonnatott- Arias and Anbques - of Bargain Hunt fame win be coming lo generously give a lecture. marking his own 50th anniversary. to aid Clonler in its fundraising pursuit. 8.10. Karine Polwart- Mulb" award winniThJ folk singeclsongwriter Will be coming back to Clornter wth a more inlimate show, accompanied by F*anisl Dave '9an. 8.11. Two Golden Annivèrsary Conc•rt$ with orchestra in Novernber One 11 be an evening perfomiance and the other a makn"neÈ show accessible for older audience members. Ck)nterfs new Patron. Sir Mark Elder CH. CBE Mll attend the evening show on 23 Novernber and promote Clonter's Match Fund Appeal. 8.12. Tea with...events- In our 5tth year, we Ihought we would add in onè extra tea in June. as we plan to have a non 'Songs from Ihe Shows, event in March - The Minslrel's Songbook., to offer a broader choicè to those that prefer day bme events. We wll also be rwab.ng A Christmas Special .by popular demand in December. which is also more partiupatory. 8.13. Clonter plans to continue to prowde a plaffomi for the Breaking Tradition wth a plalform for their Lock In 'Christmas Party,. We elhos of mixing different musul genres is both an inspiration and rn tune with Clonler's ethos. 8.14. Clonler plans to conlinue lo pwde a atrOlm for the London Ad¥erbtiSt Choralè wth Ken Burton's new arrangements. 8.15. 2 Ramsey Room Sessions are planned for 2024 - The Steve & Ben Somers Band (Ben Somers returning from pievious visits bolh as part of the Cross over Fesb"val. and a pVK)uS Ramsey Room Session. and Christina Aklen & Alex Patters(M). who We spotted at the Bromyard Folk Festival. 8.16. CFIrtT has taken on the fomier Holmes Chapel Music Society's provision of Chamber Music by adding 3 extra events to its annual calendar this year, to Include a young ènsemb from the Royal Northem College of Music- The Azalea Wind Quintèt Page 15
Clonter Fami Muslc Trust Trustees. Report .17. Clonter will eontinuè to F*owde ils facilikn'es al subsKJised charrtable rates for The Great British Music C¥mp. Sylk Danee Academy, and the Love Music Trust. .18. To conkn.nuè to provide its facilities al subshlised charrtable rates for The Great British Music Camp. Sylk Danc• Academy, and the Love Music Tryst. .19. P•rforniance Opportunities- It is estimated thal Cfonter be offering 26 perfom)ing opportunith"es, through Its various programmes. providing a plafft)rm for approximately 200 emerging artists, as well as providsng a staging opportunity to a lotal of approximalely 600. with all the participanis of the Love Music Tmst Spring showcase. the Sylk Dance School. and the Great British MusTrc Camp, all of whom are booked to retum. 8.20. Free Tickets- Clonter will conkn.nue to ofler Ie tickets to 26 year olds and under. and Blue Light Card Hohfjers (Emergency Services and NHS workers), refugees. and Ihose attènding Food Banks. 9. Educatlon programme 9.1. This programme will conts.nue lo be Sinked to core curriculum subjects such as lrteracy and history. Following the hugè success ol the virtual interaclive workshop and sht)w wrth live on-liine support we created- Puck's Adventure, t"5 will continue lo be Told oul as and education resource to more sGhiM)I$ and indude a INe set desTgn workshop deled by fv40 designers in sch(KA. Spècialty adapted Theatre Arts Days lor sch(iols and Home Educating families will be ¢onb"nued. Pr(yJressive Perfom)ance Projects wsll be offered to schools who have taken part in our Theaire Arts Days offering children opportunities to progress lo Explore Arts Award qualificab"ons. A new projeGt lor secondary schools wll be created in 2024 linked to The Bulterfy House produckn. 10. Pèrsonnel t)evelopment, Financial Management and Summary 10.1 Clonter wms lo continue to work Trustees with experience in busines5 and teGhrKAogy transformation - to help build a business model lo increase the Gharity's agility and ability to react lo the ever-changing events. The Trustees Gontinue to plan to hold monthly finance meeting5 to monitor all spending judiciously and to exerase due diligence. In addition senK)r management will work to optimise the use of our CRM $tern to irnprove the development and efficiency of managing current 5UPPOrters as well as monitorin9 Other and fundraising inilialives. A new Fundraising DirÈctorlCcM)sultanl. with experience of working with Trusts and Foun¢Jations. has beèn èngaged to maximise the fundraising polential of our Spekth"x Customer and furwjraising management system. Page 16
Clonter Farm Music Trust Trustees. Report 10.2 In Summary - Clonter plans to continue to adapt to the changing needs of its audien¢es, emergM)g and recently emerged artists.. create innovab.ve high qualty productions to lead newcomer.s as well as Clonter's diverse audiences. on an Operat journey of discovery. securing adierS for op8(3 and Iwe music and work creative professionals, MUS125 and technan5 in the future- to continue lo make Clonter's proscenium theatre, with addilional flèxiblè Ferfom)ance and dining, available at subsidised rates lor local perf(Ym5ng arts organisalions.. providiry prjreSSive oppgrtunities and free tickets to Clonter events for the young people they support". whilsl continuing to develop and prode flexiblè. hybr"KJ education rèsources to be used in conjunction wth INe perforniance and workshop opportunilies lor both primary and seconolary schools.. to provide accessible and enjoYae entertainment for the elderly and their carers., whilst continuing to make the theatre and (ts grounds avaiiHble and ac¢essible to the local community; as an eXtenSn of the counws other cuttural amenities,. and maximise the use and hire of the théatre. capitalisiThJ on Ckjnter's rural settiro to attracl Ih05e l¢))kir*J for a unique venue for special celebrations., Clonter has proved Ihat it has the ability to adapt. evofve and provide h'MJh quality music entert8inmènt and communty outreach work under extrne condits.ons frixn thè ground up. piovin9 Its rasilience. viability lor the fulure and value for money lor thosè wshing to make a wtal contribution to the cultural ecslern of our rÉgi 8nd the creative aris industy in the UK. Structure. gov•mance and management Governing document The ¢haiity is ¢ontrdled by its goveming document. a deed of trust, and consb"tutès a limited company. limited by guarantee. as defined by the Companies Act 2006. It is a registered charity wlh the Charity Commi1. Reeruitm•nt and appointment of trustees The Directors, who are ihe Trustees, are appointe(I by the membws in general meebng and are collectively known as the Board. At each AGM, one third of Ihe Directors relire by rotstion. bèing the longesl in office and a eligie for re-eleclion. The Board has Ihe power to Co-opt Iruslees, but such people only hold office unkn"I the next AGM, do not ctyjnt in detem)ining those retiring by rotath"on, but are èligible lor election. The Trustees served durry the year art1 up to the date ol aPprovg this report are listed on page 1. Inductlon and tralning of trustees Trustees are recruited for their commthent the skill and knowkdge they can brin9 to the organisation. All trustees receive induction information and Iraining as 8pwopriatè to their nèeds and there is an OPFQrtunity to access orwir¥J Irainirvj for personal d1ment Organisational $tructure The Board. whiGh must not be S than three members and t more than eh[ 8¢Jministers the Charity and meets as necessary, but must meet at leasl 4 bmes a year. The day to day OperatnS of the Chwity are the responsibility of the joint Chef Execubves, to whom the Trustees delegate aLthority for operational matters induding finance. empksyment and development,. within the overall strategy agreed by the Board. Page 17
Clonter Farni Muslc Tn Trustees. Report Relalad partl•s Trustees a requwBd Io c4%net¢ a f(Ym on apwnlment ch is UFJated annually. regislerirtsJ Iheir Interest, incbJding the membèrship of otyr vcauntary cwganisal$. The Board proCedUS ensu Ihat Trustees do not partripate in decision$ in TAhich thèy an ller&s1 in the notes lo the financial statements. •mbern of the ¢ompany Thè Directors haw thè power to admit any persc) or organtsalion to memberslup and may establish diffèrént dass8s of m8mbWSp and prescAibe thwr respective pThis and dutiey. A member may be removed from membershÈp by Ihe resduri. of the Trustees on the ground that in their rea50nabJe oynion Ihe rnernb8ts cLtind m•mborsN) Iwmfvl to lh• Chanty (but lY aft•r Th)tify#k9 tho mombor in wribng and cortsidefin9 tmitlen rerffeseDtaI fr(¥n the membw r•txNed wilh"n 14 dayg of the notieel. Thè annual report was approved ty Ihe cl the chwity C ..19.Il4-and Sigrd on its behalf amias Trustae Pffje 18
Clonter Farni Music Trust Independent Examinerfs Report to the trustees of Clonter Farm Music Trust ('the Company) I report to thè charity trustees on my examinabon of the acunt$ of the C(xnpany for the year ended 31 December 2023. Re$ponsibilitlès and basls of report As the charity's trustees of the Company land also lis directors for Ihe wrp05es ol wmpany law} you are responsible lor the preparation of Ihe actuntS in aGrdance wth the requirements of the Companies Act 20061'the 2006 Acri. Having sakn'sfied rnyself that the a¢counts of the Company are not requi lo be audited under Part 16 of the 2006 Act and are eligible independent examination. I report In respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In Carrying out my examination I have folh)wed the Direciions given by the Charity Commission uThJer section 1451Sllbl of the 2011 Act An independent examination does not involve galhering all Ihe evidence thal would be required in an audit and consequently does not cover al the matters that an audttor cts)SKlers in giwng their opinion on the accounts. The planniry and c(Indud of an audit goes teyond the limited assurance that an indepèndènt Èxamination can promde. Consequently l express no opinion as to whether the accounts present a 'true and fair, view and my re&K)rt is limrted to those ScIfiC matters set out in the independent examiner's statement. Indop•ndent examiner's statement Since the Company's gross income exceede¢J £250.000 y(r examiner must be a member of a body listèd in section 145 of the 2011 Act. I confirni that l am qualfvd to undertake the examination because I am a member of Bright Partnership Limited. lCh is ol the listed bcrt1ies. I have completed my examinatbjn. I confirm thai rK) matters have me to my attention in connection wlh the examination gwing rne Cause to belièvè." 1. accounting records were not kept in respect of Clonler Farm MUS Trusi as required by sect*Jn 386 ol ihe 2006 Acl; 2. the accounts do not accord with Ihose records,. or 3. th8 accounts th) not comply with the accounting requirements of se¢tson 396 of ihe 2006 Act oiher than any requirement that the accounts give a 'irue and fair vievl wch is not a mattèr considered as part of an independènt examinatn., or 4. the accounts have not been prepared in ac(xYdance with Ihe methods and principles of the Stalemerhl of Re¢ommÈndèd Practice fof acccwJnting and repc%ting by ch8rib.es lappli&able to charities p¥eparing their accounts in acccKdance with the Firhan(xal Reporting Standard applicable in the UK and Republ of Irdand IFRS 10211. I have no concems and have come across other matters in with the examination to which - attention should be drawn in thi5 report irt ord8r to enable a proper understanding of the accounts lo be reached. Page 19
Clonter Fam) Music Trust Independent Examiner's Report to the trustees of Clonter Farni Music Trust ('the Compan) Mr Neil Kennington FCA For and on behalf ol Bright Partnership limited Chartered Ae¢ountsnts 1 Park St1 Macclesfield Cheshire SK11 6SR Date.. 2gl9l2+ Page 20
Clonter Fami Muslc Trust Statement of Financial Activities for the Year Ended 31 December 2023 Urbrestricted funds R•stfict8d Total 2023 Total 2022 Incomè and Endowments from: Donati(S and legacies Charilable activities Other trading activities Investmenl irKome 200.932 230.704 12,720 1.017 200,932 317.704 12,720 1,017 137,104 326,435 8.602 169 87.000 Total income 445.373 87.(KJO 532.373 472,310 Exp•nditure on: Raisin9 funds Charitable activities 11.130) 477,062 480.794 84.873 565.667 Total expenditure 480,794 84.8731 565.667 478,192 Ntt18xpenditure)fincome 35.421 2,127 33.294 5.882 Net movemenl in fuThJs 135.421) 2,127 {33.2941 15.8821 Reconciliation of funds Total funds brought forward 136.702 12.873 149.575 155.457 Total lunds carried fowdrd 11 101.281 Is.0 116.281 149,575 All of the charity's athwties derive from conbrnjing opetabons the above periods. The lunds breakdowm lor 2022 is shovm in note 11. The tY)tes on pages 24 to 31 form an integral part of these finanoal stslernenls. Page 21
Clonter Fami Music Trust (Registration number: 04056093) Balance Sheet as at 31 December 2023 2023 2022 Note Fixed assets Tangible assets 1,528 2.400 Current ass•ts Debtors Cash at bank and In hand 43,080 134,187 61,614 132.449 177.267 194,063 Crèditors= Amounts falllng due within one year 62,514 46,888 Net current assets 114.753 147.175 Net assets 116,281 149,575 Funds of the eharity= Rèstrictèd incam• funds Restricted ftjnds 15,000 12.873 Unrestricted income fund$ Unrestricted funds 101,281 136.702 Total funds 11 116.281 149,575 The notes on page5 24 to 31 f(*m an integral part of Ihese finala1 stalements. Page 22
Clonter Farni Muslc Trust
(Reglstration number. 040560931
Balance Sheet as at 31 December 2023
Fty the finan¢Fal >ar andiTrJ 31 tkcember 2023 the charity S enlitSed to exempbon frcTh audit der
section 47T of the compa Act 20C6 r8batirvJ to small ¢Panie
Trustee s, resF)nslbKitses'.
The members he¥e not requiwed Ihe ch•wity to tibtan èudit of its aecounts fortr ye•r IN question
accty
Clonter Fami Music Trust Notes to the Financial Stalements for the Year Ended 31 December 2023 1 Accountlng polScles Basis of preparing the financial statements The financial statemenls of the charitable company. which is a PL*Jlic benefit entity under FRS 102. have bè8n prepar in accordance wrth the Charities SORP IFRS 1021'AcLounting and Reporting by Charities.. Statement of Recommended Practice appliGable lo Gharities parIng their accounls in accordance with the Financial Reporting Stan(J3rd applicable in the UK and Republic of Ireland IFRS 1021 leffecbve 1 January 20191.. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Irèland, and the Companies Act 2(#. The financ¢al statements havè been prepared under the historical cost convenI_ Prin¢iple a¢ti¥ity Clonter Fami Music Trust is an Opera Thea1 which supports acbwties for perfomiing arts. Income and endowments l income 15 recognised once the charty has entj'ljement to ihe irthme. it is probable that the in¢om¢ wll be received and the amcwit of the income receivat4e can be rneasud h"aty. Income from donations and grants. induding capital grants and donations. and any (elatèd gift aid. is included in Incoming resources vh)en these are receivable. except when they relate to fulure accounts.ng perithl$ 01 when the donor Igrantors impose prnditionS that have not been met. In these cases the income is deferred Unl the futwe penod andl(x the Gondth"ons havè met. Wherè conditions are imposed which restrict the use of income lo a specth¢ purpose Ihen it is included in incoming resources under reslriGt fvJnd5 when rt is due. Exp&ndtr• Liabilities are recognised as expenthture as soon as there is a lega or construcb.ve obligation committing the charity to thal expenditiJrÈ. it Is piobabbe that a Iransfer ol economic benefits WAI be required in settlement and the amount of the obligation can be measure£l reli8iAy. Expenditure is accounted for on an accwals basi5 and has been ¢lassified under headin9S that aggregate all cost related lo the category. Where sts cannot be d1CY attributed lo particular headings they have been allocale(I lo activities on a basis consislent with the use of resources. Remaining reslricted perfc¥mance funds have been appNtiCWd between produeb.on artists costs and production other direct Costs based on the totsl expenditure put tcgelher. Governance costs These Include the costs alth"bttsble to the tharivs compliance with constitLrtional and stalulory requiremgnts, IndUdu audit. stratogic management and Irustees meetirvJ5 rehrnburse(l expenses. Page 24
Clonter Farni Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 Taxation The charity is exempt from corporalion tax on its charitsble actits. The charity is registered for VAT and is only able to recover some of the input tax if is charged. Costs a stated net of VAT were it is charged and irrecoverable VAT is iluded in expendiiure under charitable actiwties. Tangible fixed assets Depreciation is provided at the foNowing annu* rates in order to writè tsff Èach asset over its estimated uselul life. D•pr•clatOon and amortisation Depfeciation is provided on tangible red asseis so as to write off the cost valuation. less any estsmated iesidual valtje. over Iheir expted Usef ecOrM lrfe as foll()ws: Asset class Fixture and fitting Depreciation mèthod and rato 20.kn on cost and 10Q/o on cost 50% cost. 33% on cost and 20% on cost Computer equipment Fund structure Unrestricted in¢tNne funds s 9ener81 funds that are availabk use at the trustees discretion in furtherance of the objectives ol the charity. Restricted income funds are th)se donated for use in a particular area or for specific purposes. the use of which is reslricled lo that aa or t)ur. Page 25
Clonter Fami Muslc Trust Notes to the Financial Slatemenls for the Year Ended 31 December 2023 2 Income from other tradlng acti¥it•e5 Total 2023 Total 2022 Fundraising events Sponsorships 6.180 6,540 3.077 5,525 12,720 8.602 3 Investment income Total 2023 Totsl 2022 Interest ceiVed 1,017 169 4 Analysis of govtmance and $upport ¢osts Support costs Total 2023 Total 2022 Theatrè and workshop Other acb'vitses 60,519 73.470 54.087 48.535 133,989 102.622 Other aclivities inckjdes Govemance costs of £23.22712022- £23.159). Support costs are Ihose functions which a5Si5t work of the charity etther by supporting tho ¢JelNery of th8 charitable activities OT by supporting Ihe generalicn of funds. They indude back office functions. freelance staff costs and prolessional fees. Page 26
Clonter Farni Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 S Net incominout90in9 rg$ources Net outyoing resources for the vKlude'. 2023 2022 Depreciation of fixed assets 1.621 1,577 6 Trustees remuneration and expen5e5 No injstees, nor any persons CTrected vthh them. have re¢wved any remuneraticffl from the charity during the year. No trustees have received any reimbuw5ed exrenses or arry othw inefitS from the charity during the year. 7 Tanglble fixed assets Long leasehold improvemènt Furniture anql rffting Computer equipment Total Cost Al 1 January 2023 A¢Jdib"ons 201.163 42.247 23.31X) 749 266,710 749 At 31 December 2023 201,163 42.247 24.049 267,459 D¢pr•¢iation At 1 January 2023 Charge for the year At 31 December 2023 201.163 42.247 20.900 1,621 264,310 1.621 201.163 42.247 22.521 265,931 Net book value Al 31 December 2023 1,528 1,528 At 31 December 2022 2.400 2.400 Page 27
Clonter Fami Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 8 Debtors 2023 2022 Prepayments Other debtors 1,557 60.057 43.080 43,080 61.614 9 Creditors: amounts falltng due within onè ar 2023 2022 Trade Creditors Other loans Other taxation and SOCFal securty VAT Other ueditors A¢¢rual$ Deferred income 9,896 35.000 9.477 {7671 3.496 3,466 1,946 6,085 35.000 130 3.706 1,967 46.888 62.514 Page 28
Clonter Fami Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 111 Loans An anatysis of the maturity of loans ts given l)el(sw 2023 2022 Amoun15 fallir4J due vthin or yar on demand.. other loans 35,000 35.000 Assets held unqler finane• 3S•S The lenders have agrèèd that their rights to repaymènt should be subordinated to those ol any oiher creditor of the charity. The monie5 have been deposited in a separate interest bearing account and may be drawn doym to support the cashflow needs of Ihe tharty as required. During the year repayments of £Nil were made uMIng in a balance (3ffled forward of £35.(KK) In the evenl Ihal all the b)an is repaid. interest will be Payab lo Ihe lender computod on the folowing basis= lal Any interest eamed by the charity in the separate Interesl*earing account shall be due. Ibl Interes1 at 2°k per annum on any balan transferred from the separate interest-bearing account unbl it is retumed. or until the whole of the loan is repaKI, vthichever is the later date. In Ihe event th81 the wh(Ae loan is not rep8KJ lo wther lern1er. inlerest entement 11 be waived. Page 29
Clonter Fami Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 11 Fund$ Balancè at 31 December 2023 Balance at 1 January 2023 Ineoming resources Resources oxpended UnstriCted funds General General furKI 136.702 445.373 1480.7941 101,281 Restricted funds Workshops Performances 12.873 40.500 46.500 {53,3731 31.500 15.000 12,873 87.000 84.873 15,000 Totsl funds 149.575 532.373 565.667 116,281 Balance at 31 December 2022 Balance at 1 January 2022 In¢omin9 r•sourc•s Rt$our¢•$ expended Unr•strict•d funds Geneial General fund 155.457 361,810 1380.5651 136,702 Restricted funds Workshiys Perfomiances 84.500 26.000 {71.627} 26,000 12.873 97.627 12.873 Total funds 155.457 472.310 478.192 149,575 P4e 30
Clonter Farm Music Trust Notes to the Financial Statements for the Year Ended 31 December 2023 12 Related party disclos•rs Chief Exèeutiv•s: AddItnallY. the wmpany ha5 entgred inlo transacti5 with Lockett Partners of which A Harman and I Lockeit are partners and sisters of S Farmer. l Lockett is rtow an employee as Joint Ctruef ExecutN8 and General Man890r. One close family member of S Farmer has made loans availaNe lo the ¢harty. as set out in the loan mte [35.{ was outstanding at the year end. S Fam7er has financial interest in any of the above transac5 and doe5 nol play any part in Board decisions affecting her famity membws arK1 the charty. The trustees believe that all of these arrangements are in Ihe best interest of the charity and allow il io operate effectivdy. Donations= As far as the tslee$ art able to determinè thè aggregate vaÈ of unrèstricted donab.ons to the charity madè by trustees and olher related parties was £NIL12022 NIL). 13 Restricted Fund The Gharity received restre1 funds of £46.500 during the year12022 £26,CoI from Trvsts and grants for Ihe charitable activitses. They aso received resln.cted funds of £ 40.500 durirKJ the year12022 £84.5001 from Trusts and grants for the edu¢ab"onal workshops Page 31
Clonter Farni Music Trust Delailed Ststement of Financial Activities for the Year Ended 31 December 2023 Total 2023 Total 2022 Donations and legaciès Donations Grants 170.052 30.880 127,197 9,907 200,932 137.104 Charitabla a¢tlvltlès Ticket Sales Charitable trust performances- Reslricted Charilable trust perforrnanGes Eitucation workshops-Restricted Education workshops 8ar and ¢atorin9 Programme sales and advertising Theatre hire Theatre Tax rdief Other income 134.562 46,500 32,861 40.500 82,704 26.000 17,897 84,500 17.708 8.517 842 49.353 37,106 1,808 13.935 2.828 18,418 23.071 5,029 317.704 326.435 Other trading activities Sponsorship Fundraising event 6,540 6,180 5,525 3.077 12.720 8,602 InvÈstment Income Interest on 5h deposits 1.017 169 1.017 169 Raising funds Bad debts wrttten Dff 1,130 1.130 Charitable activities Advertising Bank charges Bank intèrèst payab Fundraisin9 expenses Depreciation of office equipment (54.424) {5.6951 161 {3.6001 11,6211 (19,7401 (4,632 1141 (3.9001 (2.8571 This page doès mt fomi part of the statutory financial stslements. Page 32
Clonter Farm Music Trust Detailed Ststement of Financial Actlvities for the Year Ended 31 December 2023 Total 2023 Total 2022 Irrecoverable VAT ProduclKins - arb'sts and free1are-ReStritted Productions - artisls and freelance-Restrrted Productions - artist5 and freelance ProduclK)ns - other direct Workshop- artists freelance-Restricted Workshop- artlsts and freelance Workshop- other direct Bar and catèring Front ol house costs Opera prize-Restricted Opera prize Theatre & premises-Restricted Theatre & premises Audition Fundraising wages P&M Cost expenses Freelance siaff costs Office and other (x)sts Accountancy fees Bookkeeping {19,201) I30,0)) 125.0001 144,3791 162.1751 123.5001 114.8101 16.8181 116.1001 14.3331 129,5Crt)I (103.4421 168,3561 153,3731 4.778 16,1231 112,9681 12,8241 12.0001 11.6411 13,0001 18,1271 172,4721 13.6851 18.7021 139.2421 13,5521 19,2061 119.6821 160,5191 150.2431 13.3601 19.867 $4,087} 125,376) 13,850} 19.309 565.667 477,062 This page ths rK)t fcffih part of Ihe ststutory h)ancial ststements. Page 33