OXFORD CHAMBER MUSIC SOCIErY REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 CHARITY REGISTRATION NUMBER 1084539
OXFORD CHAMBER MUSIC SOCIErY INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Pages Trustees, Annual Report Statement of Financial Activities Balance Sheet Notes to the Accounts Independent Examinerfs Report 10
OXFORD CHAMBER MUSIC SOCIErY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2024 The Trustees have pleasure in presenting their annual report and the unaudited financial statements for the year ended 31 July 2024. l. Admlnlstrative InformatSon Charity Number: 1084539 Trustees: John Dunston (Chairman) Jeremy Goulding (Honorary Secretary) Caroline Simmonds {Honorary Treasurer} Jennifer Hay Malcolm Pearce Tim Kennedv Gael Decoudu Erlca Kendall 2. Structure, Governance and Management Oxford Chamber Music Society is an unincorporated association which 15 governed by its Constitution as approved at the AGM on 10 October 2000 and amended at the AGM on 16 October 2001. Management of the Society is in the hands of a Committee consisting of a Chairman, an Honorary Secretary, an Honorary Treasurer and not fewer than four or more than eight other members. They are elected by and out of the Society's members at the Annual General Meeting. New trustees attend a briefing with the Chairman and other officers. Oxford Chamber Music Society is a member of the Making Music organisation which provides information and advice to amateur music groups. Information updates are also received from the Charity Commission, which help trustees keep abreast of changes in regulations.
- Objectives and Activlties The objects of the Society are to promote, improve, develop and maintain public education in and appreciation of the art and science of chamber music in all its aspects by the presentation of public professional ConrtS. The trustees confirm that they have complied with the duty in Section 17{5) of the 2011 Charities Act to have due regard to public benefit guidance published by the Charity Commission.
- Achlevements and Performan The Society continues to promote a broad range of chamber music providing education and enjoyment to members and to the general public. The 2023-2024 season saw a return in audience numbers to pre-pandemic levels and concert revenue increased accordingly. However, the costs of promoting and running concerts has also increased. Nevertheless, the Society realised a small surplus in the year. FINANCIAL REVIEW Flnanclal Posltlon The financial position at the end of the period is satisfactory and the Society has sufficient funds to finance future activities. Reserves Pollcy The Socievs policy is to hold reserves at at least a sufficient level to meet the costs of cancelling one concert. Reserves held at 31 July 2024 amounted to £9,956 {2023 £9,633). The trustees declare that they have approved the trustees, report alx)ve. Slgned on behalf of the charlWs trustees Signatures Full Names: JOHN HERBERT DUNsfoN CAROUNE REBECCA SIMMONDS Position Chairman Treasurer Date Zo K)orf£trtkn
CHAR y COMM15510N FOR ENGLAYQ AND WAL 1084539 Annual accounts for the eriod Period end date Period stsrtd 2023 3110712024 Section A Statement of financial activ ities R•s1rlct•d iknr•rfcd Incom• End0t nds fvnds funds Re¢xmm•nd•d Gal>gorl•s by athlty parY••r nds Totsl fvnd> In¢oning r•soure•s (Nots 3) Inc¢fft• •nd •ndowmerts fr•m: ard F01 F02 F03 F04 F05 6,667 23,839 6.667 7,488 17,290 24.778 R•sourc•s •xp•nd•d (Not• 4) E<p•ndltur• )rn' 30.184 25.399 Slo Qhqr S11 Total $12 1,184 30.184 N•t in¢oThl(•xp•nditiir•) b•for• inv•slffnt gainsl(lossesl S13 S14 gansllbJss8s1 N•t in¢omol(•xp•nditur•) Extraordinary items Transf•rs bet•n funds Olher r•cognis•d yinsl(loss•s): ard on re¥aWkn of fts•d Issats forlhB ¢lwtys In[• S1S S16 S17 S18 S19 N•t mov•m•nt In fund4 ROne111on ollund•.' TctslfLThts ITwJhtforw8rd Total fund• ¢•m"•d fmv•rd S21 9.633 9.956 9.633 10.253 9.633
Section B Balance sheet Restrlctsd Unrestrlcted Income Endowment Tolal thls Totsl last funds funds funds year year F01 F F03 F04 F05 Current assets Debtors (Note 5) Cash at bank and in hand (Not8 6) Total current assets BIO 1,972 11,984 13,956 1,972 11,984 13,956 75 14,311 14,386 Creditors: anunts falling due within one year (Note 7) B11 4,000 4,754 Net current assetsl(liabilities) 812 9,956 9,956 9,633 Total assets less current liabilities B13 9,956 9,956 9,633 Total net assets or liabilities Funds ofthe Charity Unrestricted funds B16 9,956 9,956 9,633 B19 9,956 9,956 9,956 9,956 9,633 9,633 Total fvnds B21 Signed by one or tnjstees on tehalf of all the Irustees dte of appro1 chjlmmlyyyy 3ts1111 2911112 Swjnature Print Name J [nStan C Simmonds 61 Page
OXFORD CHAMBER MUSIC SOCIErY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024 l. Basls of preparation These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordan with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The Society constitutes a public benefit entity as defined by FRS 102. 2. Accounting pollcies Recognltlon of Income Income is 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; and the monetary value can be measured with sufficient reliability. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount 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. The value of any voluntary help received is not included in the accounts but is described in the trustees, annual report. Membership subscriptions which give a member the right to services or other benefits are recognised as income from charitable activities. Expenditure and Liabilities 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.
OXFORD CHAMBER MUSIC SOCIErY NOTES TO THE ACCOUNTS (Contlnued) FOR THE YEAR ENDED 31 JULY 2024 Assets 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. 3. Analysis of Income Nots3 Anaty818 of Income RMtrkied t lund• Totslfund• Prk>r Donallon• and lega¢lo8: Donations and rfts Glft A'd ac General rants other Char6$ mtership Subscripts'orts aTrJ spjnsorships whh are in Sltstarte donalions Donated ocrfls. facilitw and services Other Totsl 6,667 6,667 Charltabl• •cllvlll•8: Subscription sath to concerts Sin ticket sales lo concerts Total 23,840 IncoTh from Investrnnts: knte$t income Dividend income Rental and s1 Other irorne Totsl TOTPL INCOME 4. Analysls of Expenditure Expenditure on eharitsble actlvltles Costs of CcertS Prcffiotion and adli81r3 dministrati 5.747 3,1 756 1,671 1,671 Total expenditure on charltabl• activities 1,184 25,399
OXFORD CHAMBER MUSIC SOCIErY NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 31 JULY 2024 5. Debtors and Prepayments alyals of debtors Thls >ar Last ar Prepaynwnts and accrued Inco 1,972 1,972 75 Total 75 6. Cash at Bank and In Hand Th18 >ar Last >ar Short terni cash Inve8tnnts1less than 3 nnthO ftwturfty date) Short tèmi depo81ts Cash at bank and on hand Other Total 11,934 14,261 11.984 14.31 7. Creditors and Accruals Anunt8 falllng d thln one ar Thls year Last >*ar knunts falllng due after nre than one ar Thls year Last ar Sub8crlpiion8 In advance crual8 and deferred Incon 374 4,754 Totsl
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OXFORD CHAMBER MUSIC SOCIErY I report on the accounts of Oxford Chamber Music Society for the year ended 31 July 2024 as set out on pages 5 to 9. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The chariws trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Acv) and that an independent examination is needed. It Is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to State whether particular matters have come to my attention. Basls of Independent examlnerfs ststement My examinatlon was carried out in accordance with general Directlons glven by the Charlty Commission. An examination includes a review of the accounting records kept by the charlty 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 any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit, and consequently no opinion is given as to whether the accounts present 'true and falrf vlew and the report is limited to those matters set out in the statement below. Independent examiner's statement In connettion with my examination, no matter has come to my attention l. which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting record5 in accordance with section 130 of the Charities Act- and to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Slgned Name è-L£y Date ai. io. J 101 Page