CITY OF4 CAMBRtDGL SYM.PTrIONY ORC14E5"fRA
riNANCIAL STATEqMEN'I'S fOR THE YI-,AR ENDED 31 ST AUGU8T 2024
CONTENTS AND CIIARITY INFORMA'I'ION
CONF£,NTS:
Trustees Report
Independent Lxaminers Report
Stalemeiit of Financial Activities
Balance She¢l
Notes I'o the Financial Statements
TRUSTEL7S.,
David Bartlelt (Chair)
John Pctter
Alexander Rcid
S'heila Jlimscl)a
l)aul 14ammL)nd
CFIAEUI'Y ori",ICES..
62 Fligh Street
Bouni
Cainbridge
CB23 2TR
CI4ARI'I'Y REC'JlS"fiMTION NUMBLIll'.
1096457
INDEPENDENT EXANttNE'R..
W Shipley fccA
for <uid on behalf or,
PreDtis & Co l.LP
Chartercd AGcountanls & IndLpLndent r.xaminers
115c Millon Iload
Cambridg
C￿4 Ixr
13ANI(FIS.'
CAI" Baiik Ltd
25 Kings Ilall Avcnve
Kings Flall Wcsl Malling
Kciit
Ml.-.19 4JQ
I'he Cambridge Building Society
51 Ncwmarket Iload
Cainbridg"e
CB5 8FF

ci'ry or CAMBRII)(iE SYMPHONY OIICIIESTRA
,INANCIAL S'IATEMLIN'I'S FOlI'fIip YEAR fNDED 31 SI AUGUSI. 2024
'riiusTELS RBPORT
rhe 'I'rustees present th¢ll' tmnual roport and fill￿rial 5tateinentb of the charily for thc year ended 3 1st August 2024.
Th¢ financial 8tateineiits Iiave boen pi'¢Pdred in accordallcc widi thc accounling policies set out in note I
to the accounts and comply with the Lharitvs cO￿titL711011, the ch}￿ltIeS Act 2011 aiid AcGouiiling &iid Rcporting by
by Charitics: Stht¢in¢nl of R¢LuiDmcndcd Practibe applicablc to cbarities prcpaTing tlieir (tccounts in accordanco
itl accordance wilh the Finallcidl Reporting Slitndard applicabl¢ in tlic UK and R¢publiL oflrcland (fRS 102)
second editTon (cffective 1st January 2019).
%TRIJCTIJRE AND Govf:RANCF. AND MANCJr,Mc,bri- or TI.IE CI.IARI'rY
'I'he Lharity is constitutcd by a constilulion daled 3rd fi ebruary 2003 and is regi5lered with the Ch￿ilY Commission
No.. 1096457.
TTUStees arL' Usildlly elected at the A(iM altlioiigh may be appoii)tod at othei. tllncs as rcqiiiied. 'fhe Tiust¢¢s manage
the day to clay responsibilities of charily, 1'rusiees also ineLt to rnake policy dccisions dnd Slipcrvise the developinenl
ofthe charity,
'rhe I'rLlStecs endeavour to maintaiii their kllowledg'e of chariiy regul<tliollS by i-eadillg Jnaterial &5 It becorncs available.
In the event of the appoinlment of new truste¢s, suitable steps are talcen to ensLire th<it they (Ire awarc of their
obligations. 'fhcy ￿'C given a 'welcomc puclc ofdocumentatioii aiid giiidaiice document's, and are inlonnally
llL¢ntO￿,d by the more cxpcriLnccd Tiustecs until familiar wilh tlieir roles (iiid responsibililies.
OBJLC'I'IVES AND ACI'IVII'ILS
The charity was set up for the advajcemL￿t of mUSiCdl educati()n promolion of public appreciat'ion and study o'l
music, 'for exuinpIe by aiiy of the following in¢ans:
By holding conceris and lectures about mu,qic to wliich the publiG sh¢ill be admitted whelher on payincnt or olhcnvisc.
13y providing opport'unities for t'he practiLe of music by mteui. pl£1yei's of sts'llig instnimcnts.
By is,¥uiiig publicatioiis ¢ondu¢tiv¢ I"0 thv ddvanceLnenl of musical cduc¢lLiun.
By undertaking and executing ￿Y Charitable Tiust established or constituted wholly foi. promoting the dppr¢ciation,
study ui. practlCL of musiv.
I"he Ch￿'itY has also been set lip to promolc tlic art and scieiicc Dfmusic by assisting. young inusicians, being persons
o'Fmoderate or limited means, in such a way as to enable them to becojne self-supportitig.
The'frustees have refeLTed to the guidance coiitained in th¢ Lharity Commission geiicral guidai)cc on public bon¢fit
and colllinue to do so when revicwiiig our fulurc objectives.
Acillf.VEMF.NTS Atw PEIIFORMANCF.
During thc fin[￿claI period 1st Septejnber 2023 - 31 st August 2024, the Charily oper£ited an cllliic tew 01-chesti'a Iitiving
the saine n¢iin¢. "rhe orcheslra is tlie inain Ineaiis used by diL chdrily to deliver on it's objcctives, During tliis period
s¢ven public conccirtE were org1( nised iii. whicli th¢ orch¢slr¢l pLrfonned in Wcsl Road Conccri l-Tall Cambridge (one
of which IL shorter afteilloon event tailored to a f'dmily dudicnce), logether wilh 36 rel)carsals. (;L'SO bad over 60
subs-payillg membei's, ficlded on-stage oi-chestrd.4 of up io 90 plciyers, and liad tlie serviLes of a pi-<>fcssional Inusical
directoib dnd <i professional le(ider. Inforinalion ab<)ui C.CS()'S EtctLVlties was madc pul)liL on tlio illtcnjct at
WWW cc50-online.oi
uk aiid throiigli otli¢r SOLi<LI incdiiL chdflliLIs, IL nd publicity around tho city Ltunbi'idge. Early
carcer soloists wcre cngagcd for four of ihe six eveiiing concerts.
I,'INANCIAL IiE4VIEW
For the year ended 3 1st Augiist 2024, a surplus of£4,836 arose (2023- £10,592) Total income reeeivablc fi'om all sources
was £39,73 9 (2a23.' £48,154). Ticlcet sales contributed to £27,229 of tlie income (2023.. £34,075).
City Orc￿nbrIdg¢ Syiiipliony Orcbestra's tol&l annu&l cxpLnditure was £34,903 (2023.. £3 7,562). 780/0 re11( tes du'cctly to
the production company fees, the reinaining 22 % of expenditure covered costs associciled wilh unrestricted cosls and
alld governallce.

CITY QF LAMLIRIDG>. SYMPFKONY OIICL.IPSI'RA
PAGI? 2
FINANCIAL SI'A'L'EMENTS FOR'I'HL? YEAR L¥NDL7D 3 Is'r .AUfjUSI' 2024
I'iItJS'l'F.ES IUIPORT .,,.
.,JCON'I'INUED
RLISEHVES
At 3 1st August 2024 the G'h￿'11Y hold tho following r¢¥ei'v¢8:
Unrestrlotod r¢s¢i'voS:
Il¢ytrictcd i"eserves',
£49,07S
£500
Unr¢striGt¢d reser¥ps ftr¢ not dcsignatod for a 3pccific putpo8¢, Tho lTrust¢os havo sot a policy mointuiiiin8 a minimiim
loyel of unr¢$lrithd roserv¢2 of£30,000,
IIISIC ASSCSSMENT
The Trusto¢s hovo consider¢d tho inaior risks ￿¢¢d by the oharity and rovlow risl<s Ye8ularlyJ makkng Aui"o 3y¥t¢ms are in
pla0¢ to mitigato th¢5¢.
KEY MANAGEMENT AND PlsRSQNNEL REMUNERATIQN
The charlty cunsldors the Bowd of Tru8log1 to b¢ its kay maM8¢ingnt.
81'AI'hMPNT OF TRUSTEES, IICSPONSI131LII'IES
I￿aW applic4blo to Gho.rltios In Englaiid ond Wales requir0& tlie Trusteos to ￿,￿paig thG flnan¥tal st&toinents foi. each
finan¢ial yaar whlch gAv¢ a truo and fair view of the incoming re$ourc08 appliaatlon$ of the r¢gouroo8 oftho
Cl)arity durin8 tho yoAr of its St4t¢ of %iffaii% at the end of the yoor, In prop4¥ing fin￿￿1&[ atateinents giving a
ti'ue and fair view, the I'rustQ¢8 8liould follow bo&L PlWti¢o aiid In preparln8 tlie financial statements th2 Truslor
are requir¢d to:
(i)
(li)
S¢l¢ot suitablo accounLing poliLy aad then apply thom romsi&tei)11.y.
Obs£*rv¢ th¢ methods and prliioiplgs uf th¢ chari.llos SOKP.
Mako Judgements and ¢Mllmat¢s thal Aro reasonably prudeiit,
State whethei. applicable accounting standardg an.d st4tem¢nts of r¢¢ommondod prdctico hsAve bo¢n
YollowG(I, $ubjoot to any departures disclosed aiid explainEd ￿ Lhg fin4nci#l Btatgmellts,
l4'¢parc tho fu]anoial stat¢menls on a golng ￿The¢Tn ba$is unless it 13 inappropiiato to prosum¢ Ilie ¢b4rily
wlll ¢ontinu¢ In op¢ration,
(iv)
(v)
I'ho Ti'usto¢s arg rospon$ible for ke¢piiig aooountlng ILLQI'd8 whioli disoloso With reAsoiiahl¢ 8rcuro¢y the
rin£wcii¥l po51tion of the clwity and whiGh on4ble thein io iscortalii il)¢ t]Iioncial poslLlon of th¢ oh8rlly ir
onablo tkjgni to 8ll8uro that tjie fmonolol 9tatomeiitg aoillply wilh Ihe Charit1¢8 Aot 2Ql I, thfj CliaL'ity (Ar¢oiLnlo
and Reports) Rpgulqllong ond th¢ pr4)vlJion8 of the Qonsritution, They aro also r£spon8lble for saf0%u￿.d1￿8 Ilio
assets of the chaiity aiid hencg foi. laliing I'oasonable stops for Iho proy¢nllon aiid d¢l¢¢tion offraud 411d othor
iu¢gularltles,
APPROVAL,
Thls Iwport WAS approv¢d by tho Truskes orA
and sigiicd oll thelr b¢half,
PAUL HAhfjMONJ), Ttws'rEL

CITY OF CAMBRIDGE SYMPIIONY ORCFIESTIIA
PAGE 3
FINANCIAL STATEMEN rs foR"fHE YLAEi ENDED 3 Is'r AUGUS1" 2024
INDEPENDENT fxAhllNEJI'S RLP()IIT T() TIIE TRUSTLLS or ci'ry ()r CAMBRIDGLI %YMPIIONY
ORCFIESI"RA
I report on the financidl statelnents of City of Cambridge Symphony Orchestra for the yeai. ellded 3 1st Aiigust 2024
which Lire set out on pages 4 to 8.
RE8PONSIBILLTIE%' AND BASI.s or REP()IIT
As Charity Truslecs of th¢ ¢h&Tity you aro responsible for the prep¢wation. of the accounts in ¢lCCOTdance with th¢
requireinents of the Chttrities Act 2011 ('the ALI?.
I report in respect of iny ex&mination of the charity's accounts carried out. undttr s.145 of the 201 l Act Lind in caLTying
out my ex¢uninalion I have followed all applicable directions given by the ch￿ltY com￿lS810n linder s.145(5)(b) of
the2011 Act.
INDEPENDENT LIXATvtlNIR'8 SI'A fEMENI'
I have completed my examinalion. I confiim that no ivatcrial malteys have come to my attenLion in conneLlion with
thc exaininatioii giving me cause to bGlieve tlial in aiiy matorial respoLt:
accounting records wcre not kept in respect of Ilie cliarity as required by seclion 13 0 of ihe Act,. or
the account's do not a¢cord with tliose records. oi.
Ihe accounts do E]Ot cornply wilh tlic applicable requireincnls conceiiiitLg ihe foi-m and conlont of
accounts s¢t out in the Charili¢s (Accounts and Reports) Ilegiilations 2008 other than any requiremttnt
Ih&t Ihe accounts givc a truL and fair vicw which is not a m(IttLr considercd pait of an iiidepenLlent
examilldlioll.
I l)av¢ no Concerns and bave come across iio nidtlers in LOLinection witli tlits Qxdinination I'o which all'ention should
be dr(Iwn in this report in Drder to enable a proper uiidcrst(Indiiig' of thL (ILcouiI(s to bc rL&chcd.
IAN W SHIPI.EY FCCA
I,'OR AND ON B T..:I-IAJ,r or..
PIiLN'I IS, & CO I.LI)
CI IAlI'fEIII=,D AC(:aiJN'I'AN'rs &
INDI-PENDENT EXAMINfR,8
115c Milton Ro<ld
Cajnbridge
CB4 IXV.

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Cn
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40 0
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CIIY OI" CAM13RID(ili SYMPHONY QRCIIES"I'LIA
FINANCIAL STA1'£MEN'I°S TIOR 1'14E Y13AR F,NDLID 3 1ST AUCIUST 2024
BALANCE SFIEET
Asat
31 St August 2024
A$at
316t August 2023
ote5
rixiD Assf.TS
'I'an%ibl$ ass¢ts
2,437
2,437
CURREVf ASSETS
Dobtois,.
amoullls fallittg du¢
wiLhln olio y¢￿.
Cash In banlc and in I￿1]d
TOTAL CUKRF.NT AS$E'rs
39,QQ
36,551
75,551
39,00
12,Q41
71,041
LIAF3ILIIIES
¢￿ditOrS. amounts falling due
within oli¢ ye￿,
28,413
28,739
N¢t C,iirrent A$￿t5
TOTAL NET ASSETS
47,138
49,575
42,302
Tl.IIi fuNDS 01-, -fllF. SOCIE'rY
R08tri¢tsd iiicuille fuiids
Ullr¢stl'i¢fy4 incoine funds
1'01'AL FUNDS
500
49,075
49,575
500
44,239
'Cho fintm¢ial st&teirAeUts wt>Ye appi￿vEd by tli¢ 'A'r￿sLO￿$ on
nd signed on thoir behalf,
.PAUL IIAMMOND
TRUSTL7E
Th¢ notos on pagos 6 to 8 foi-m pait ot th¢-se flnAI.i¢lal Jllltemoiil's..

CII'Y ori CAh(BRIDGE SYMPHONY ()RCHES'I'RA
PACyf, 6
FINANCIAL s'fA TEMENTS FOR I"FIE YEAR FNDID 31 SI, AUCYUSI" 2024
NOTE, s "ro "rFE I;INANCIAL STATLM]=,WtS
ACCOUNTING POLICIES
(a) TJASIS OF PIIE4PARAIION ()F I-,INANCIAL s fATfMLN r%
The financi&l statemcnts Ii<ive been prepared in a¢¢ordan¢e with Accounting and RepoTllng by Charities:
Statemcnl o'f Kocommended Practice applicable lo charities preparing iheir accounts iii accordanic willi
ie fi jiiancial Roporting sland￿-d applicdble in the UK and Rcpublic ol Ir¢land (I,-RS' I02) second cdilion
(effective 1st J(tnuai'y 2019) - (Charit1¢5 SORP (fRS 102)) and the firLancial RLporling Slandard
)plicable in the UIC ￿]d Republic of Ircland (fRS 102) and the Clwilies Act 2011.
The charity h¢lS also taken advantsge ofexeinpiiolls available for smaller ciitities Ulld¢i Section IA O'F
rRS 102 and the ChaTities SORP (FRS 102) updal¢d Bull¢tin 12nd fiebru£Wy 2016. In particuliir have
talcen advanlage of the exeinption lo preparc & Slatemeiit ofcash Flows.
The Financial ,Itatemeiils have bceii preparLd under ihe Iiistoi'ical cost. convention witli ilen]S Tc¢ogi)i8ed
at cost or tr￿saCtIon vajue w]less otherwise statcd in the i-elevant notLs to these fiiianci<tl slalcmcnts.
The c]wity's f￿ancIaL statements are prep￿.ed Ullder the going conccrji basis. "I'his is &ppropi'iate and
the trustees are of the view that Ihei'e (ire no l(Iclors that affeGt going ¢on¢ern in t]ie following 12 inontl)s.
(b) fuND ACCOUNI'INCJ
"I"he charity inalllt￿S d geiieral uiiresl'ricl'cd .Fund which is expenddble at ihe discrel'ion ofthL 'I'rustees
in fi￿heranee of Ihe objects of ihc cliarily.
lestricted fullds are fLLnds which are to be used in accordanLL Witli spccific relsrictions imposod by donors
wliicli have bccn r¢iised by the charity 'for particular purpos¥s. Tli¢ ¢osl' ofjraising alld adtninistering such
funds are c]wged against tbo qpccfiL fund. 'I'hc aiin dLid use of eucli rcstrictcd fund 15 set out iii tlic nol¢,%'
to the ful(￿¢1￿1 stdl¥monts.
(c) INCOMr,
All inco]ne IS Tecogllised in the Slalemellt of14'inaLICl£il ActLVltitts wliLn Ihc conditions fur receipt have
beer] met and there 18 reasonJblo aSsW￿L¢ of receipt, Where a claini for i'CPdyrnLnt ol income tax h£1S
or will bc made such irlcome is glossed lip for tlje tax t'ccoverdbl¢. TIIL following policies circ applied
to incoinc.
- DONATIONS
Inwiiic is accounted for whell receivablL'. Any lax re¢ovei'able relalinu to the donations is a¢counl'od for wheii
r¢¢civLd.
- 8IJBCRIPI'ION tNCOMI-,
Subscription incoine is accounted for ￿lid covei'% the period of subscription comiii¢nciiig thcrcfTQm.
(d) CIMRII'ABLI=,
4XPLNDI'IURLI
Direct Cli￿Ltable oxponditurc includcs all expeiiditUTe diiectly rel<lted to tLi¢ objects of the chai'ily Ic nd
i.s accounted foi. wben the Trustetts hdvc a¢oopted a legal or moral obligatioll to meet thc Lxpendilure.
Suppoit and governance cosls are included within cliaTiLJlilc cxpenditure.
(e) FJXED A8%'bTS
¢ixed asset arc stat¢d at cost less accuinulated depreciation. 'fhe Losts of minor addilion,q i.e, tho.ie
costingy less than £1,000 ai'c iiot capitalised. Depi'cciation is provided ut rates c&lculutLd to writc of£ th
cost of each asset over its expected usi'ful li'f¢.
Music is depr¢Giated at O % diie to tlie nature of tlie asset.

CITY OF CAMBRTDGE SYMPFIONY ORCFIESTRA
PACJB 7
FINANCIAI. STATEMENTS FOR ITIE YEAR ENDED 31 ST AUCJUST 2024
NOTE, S I'O T14E FINANCIAL s'fA TEMLNI'.8
CHARII"ABLE ACTIVII"IES
DIRF.CT COSTS
Box Office cliargcs
Charity donalions
Cost of progr¢unmLs
Insurance
IT softvai'e
Miscellalleous expenses
Music storage
Production coinpany fees
Advertisiiig
SubscTlPtions
Bank charges
2024
2023
1,743
1,145
1,230
151
144
362
464
27,242
994
392
196
2,445
L,645
924
143
302
1,245
569
28,584
1,172
385
148
34,063
37,562
GovfRNANCE COSTS
Independent Examinei's Fce
'I'OI'AL CI4AIIITABLL LO.81'S'
840
34,903
37,562
rRUSTEE TIiANSAC'I'IONS
The following. paymeiits were made I'o the Trugtees for thL reimburscillent of eKpens¢s paid on bLhdlf
ufthc charity, or for servicos provided but not related to the offi¢¢ or WOTIC done in the Tole of I"rustee.'
2024
2023
J) J3artlett
J l)etter
l) Ilatmnond
S Ilimscha
£1,486 - cost olpi'ognmme5 £ldvertiSiLig'
£0 niisLclldiieous expenses
£65 iniSGellaneoiis expenscs
£75 miscellancous ttxpeiisL8
£0
£0
Any services the trustee5 (￿d related Pdrties receive fi'ojn the chtLrity ¢ire on thc s2trnc basis (
otlier members of the oharily and membcr8 of tlie public,
During the year t]Ib Gh<WAty made a loan to a production company CCSO I)roductions Ltd whicli is jointly
owiied by two trustees, P l-lammond and A Reid for tl)c solc pui'pose OL. obtaiiiing Oi'chL8tril lax credit
i'elicf on produclions. The tax Gr¢dit obldinod and loaiis pussed back to the charity, The n¢l
outEtanding sutn at 3 R st August 2024 was £1 1,758 whitih was rcpaid on 8th November 2024.
TANGIBLE FIXF,D ASSET8 - CURREN'I, YbAR
cos'i,
At 15l Septejnber 2023 and 31st August 2024
DEPIiECIAI'ION
At I st S'eptcinbei. 2023 aiid 31 yl August 2024
NET BOOK VALUL AI. 3 1ST AIJGUS'I, 2024
Music
2,437
2,437
TANGIBLL FIXE,D AssfTS - PIUOR YfAR
cosi,
At 1st Seplernba- 2022 and 31 st August 2023
DEPRECIATON
At 1st Scpiember 2022 and 31 si Augiist 2023
NEI. 1300K VALUE AT 3 Ls'f AlJ(ilJST 2023
Miisic
2,437
2,437

ci'ry OF CAMBRIDGE SYMPFIONY OIICHESI'IIA
PACJE 8
FINANLJAL STATLMLqN rs i-, OR I'14Li YFAR 318'r AIJGUS'f 2024
NOI'ES TO I'I.[E4 l-, INANCIAL SI'ATEMFNT
DEB TOIIS - DIJE WI'I'HIN ONL YLIAR
2024
2023
Loan to CCSO Productions I.td
39.000
39,000
CRLDIT()II8 - DUL WII'FIIN ONE, YFAR
2024
2023
Accruals ￿]d de1¢￿ed income
Du¢ lo CCSO Productions Ltd
1,171
27,242
28,413
28,739
28,739
STATEMLNf OF fuNDS - 2024
bllwd
1.8l 8cptsmber
2023
cllwd
3 Ist August
2024
Income
]￿xp(Thd]tLlre
lJnrcstictLd funds
Rests'iclcd fulld5
44,239
500
39,739
(34,903)
49,075
500
Total fiLn(ts
44,739
39,739
(34,903)
49,575
STATEMENT Of I,"IJNDS - 2023
cifwd
31 st August
2023
1st Scptembei.
2022
Tncoine
Expcnditure
Unresti'icl'ed funds
RestiiLtcd funds
33,647
500
48,154
(37,562)
44,239
500
'I'oLol funds
34,147
48,154
{37,562)
44,739
Restricted fund - You1￿ Lornposers project. 'fhc pui'p05e of tlic fund is to enable the orcheltrd lo provide
opportunities foi. yout)g coinposers lo develop their ski Ils t11rou￿ h¢iving ih¢ir coinpositions workshopped,
rcliearsed oi- publicly performed.
S'I'ATrF COSTS
None of the trugtees reccived romuncration or (illy other benLfiL% frojn dio charity during 2024 or 2023.