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2025-04-30-accounts

Trustees’ Annual Report for the period

From 1 May 2024 To 30 April 2025

Charity name:

Charity registration number:

1099266

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The Charity's objects are to “advance the
education of the public in the arts in
particular by the provision of such
assistance as shall be deemed to be
charitable in furtherance of these purposes
towards the work of the Edington Festival”.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
The key activities of the Edington Music
Festival Association (EMFA) are to raise
funds and provide grants.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees carry out the charity’s objects
by raising funds from membership fees and
donations, and providing benefits in the
form of grants.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 EMFA provides grants to support the
Edington Music Festival.
Policy on social investment
including program related
investment
Para 1.38 EMFA’s investment policy is aligned with
the Church of England’s policy
Contribution made by
volunteers
Contribution made by
volunteers
Para 1.38 The key contributions of volunteers are:

the trustees who run EMFA

the volunteers who manage the
Edington Festival

the musicians who sing and play in

the festival at no cost the Festival supporters. Other n/a

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The main achievements for this period
were providing grants of:

£17,000 for the 2024 Festval

£3,000 for the Edington Festval
Award 2024-2025.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41

EMFA achieved its annual objectives of
supporting the Edington Music Festival and
raising funds
Performance of fundraising
activities against objectives
set
Para 1.41 EMFA continued to raise sufficient funds
from membership and donations
Investment performance
against objectives
Para 1.41 EMFA has established an investment policy
and has set up long term investments.
Other n/a

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Treasurer’s report is provided below
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 EMFA holds a reserves fund of £10,000 to
protect Edington Music Festival from any
unexpected financial loss
Amount of reserves held Para 1.22 £10,000
Reasons for holding zero
reserves
Para 1.22 n/a
Details of fund materially in
deficit
Para 1.24 n/a
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 n/a

Treasurer’s Report for the year 2024-2025

The financial year 1 May 2024 to 30 April 2025 has been another solid year for the Edington Music Festival Association. We started the year with £131,560 in the bank and finished the year with funds of £140,185 – a net income over expenditure of £8,625 as we have benefitted from a ‘catch up’ of gift aid claims from the last couple of years which had brought in £8,455. Please note this covers around three years, so we should not expect these additional funds each year.

We continue to experience lower income from the Festival than we had pre-pandemic; this has now been consistent over the last few Festivals. With increased Festival running costs, and lower income, it should be noted that the grant needed to put on the Festival now exceeds the income received during the week. The net deficit for the 2025 Festival was £3,220 which is currently met from the general EMFA fund and gifts. It should be noted that whilst there is a Festival Grant deficit, EMFA overall remains in profit owing to membership subscriptions, gift aid and donations.

The Association notes the strong efforts that the Society has made in controlling costs and the increase in collection plate income in the 2024 Festival. In order to address this financial deficit we recommend that additional efforts are made to increase the marketing of the Festival in order to increase the attendance figures and therefore improve income. The Association is carefully monitoring this situation and considering the approach moving forward.

We have attracted some new members to the Association and currently have 136 members in good standing which is four more than last year. There are some subscriptions outstanding we would be grateful if you could make any outstanding payments as soon as possible. Unfortunately, some of our members have passed away over the last year or have given up driving and are no longer able to attend, so if you have friends or acquaintances who have an interest in choral music, please encourage them to support the Festival and join the Association.

With the increases in interest rates the Association is now receiving a little income from bank account interest. However, we now incur bank charges on some of our accounts and for some cheque deposits, so we would be grateful if members would consider paying subscriptions and donations, by standing order, or by electronic payment or transfer (bank mandate and electronic payment details and methods are available on request). We also welcome collections paid by card or bank transfer.

We continue to review our banking arrangements regularly and despite incurring these small bank charges we feel our arrangements remain appropriate. We have moved all our ‘spare’ funds into an Investment Fund which will ensure that we gain maximum benefit from all funds.

Our day-to-day expenses remain very low. Postage costs are significantly higher nowadays and we would urge all members, to let us have their email address so they can receive the newsletter by email.

During the financial year 2024-2025 grants were made for:

 £17,000 – for the 2024 Festival

Most of our ‘spare’ funds are invested in the CCLA investment fund which owing to market conditions delivered a loss of £1,438 this year. This may seem concerning but this was due to the market turmoil of the first part of 2025, and I am pleased to report that the fund has recovered to the levels of 1 year ago. It should be noted that we had budgeted on the return at least covering the £3,000/year Edington Festival Award. We have not yet had to draw on as the award has been covered from our day-to-day funds however we will soon need to draw on this investment fund if the Festival Grant continues to be in deficit.

The CCLA fund is ethical, is in line with the Church of England’s investment guidance and provides a good level of expected return within an acceptable risk profile. It is intended that the investment income from this fund will provide for grants for the annual Award and be able to support EMFA growth and other activities. We keep this investment under review and currently do not believe any changes to investment strategy are required.

The Edington Festival Award has been made possible from the generous legacy left to us by Nesta Raisey which has been supplemented by additional EMFA funds and we hope to be able to continue offering this. We would like to encourage everyone to consider EMFA in your wills, or make a lifetime donation to further strengthen the Association’s position and enable future developments.

The Association maintains a reserves policy as recommended by the Charity Commission and this has been maintained at £10,000. These funds are maintained within our CCLA Investment Fund so that they can assist our overall investment income.

Once again I, and all the EMFA trustees, would like to thank all members and donors for their generous contributions to the Association.

Justin Lowe, Treasurer.

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)

Para 1.47

Membership fees and donations
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 EMFA has established an investment policy
which is aligned to the Church of England’s
policy and is intended to make best use of
funds to ensure the longevity of the Festival
and to make more substantial donations.
A description of the principal
risks facing the charity
Para 1.46 No significant risks have been identified
Other n/a

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are elected at each AGM on a
rolling three year term basis

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51

Trustees are provided with a briefing on the
role of a trustee
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The charity consists of an Executive
Committee of around 10 trustees
Relationship with any
related parties
Para 1.51 EMFA is closely related and is the primary
supporter of the Edington Music Festival
Other n/a

Reference and Administrative details

Charity name Edington Music Festival Association
Other name the charity uses EMFA
Registered charity number 1099266
Charity’s principal address 127 Fifth Ave
London
W10 4DR

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Rev Andrew
Wickens
Chairman 19 August 2024 onwards
Mr Justin Lowe Treasurer
Mrs Susan Lowery Secretary
Mr Thomas
Bennett
Trustee
Mr Robert Quinney Festival Director
Mr Peter Roberts Festival
Administrator
Ms S Fleur Smith Trustee
Mr William
Thompson Hare
Trustee
Ms Billie E D
Hylton
Trustee

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Susan Lowery
Full name(s) Justin Lowe
ee
Position (eg Secretary, Treasurer
Chair, etc) ee
Date
3 February 2026
|
----- End of picture text -----

Edington Mu$l¢ Festival A8soclatlon 1099266 Receipts and payments accounts CC16a For th• perlod from 01-May-24 To 30-Apr-25 Section A Receipts and payments Unrèstrlcted Funds- EMFA Inv•stm•nt Fun(1 Total fvnds Last year thg near•8t tothe n@aresi£ to tho n•ar•*t£ to lh• noJr•5t£ to th• n8ar8$t£ A1 Ret•1 M8mb&rship Colleciion Pl¥ CD Sales Donation$ Gift Aid lers$Vln¥esltn8nl Olhtrr 4,620 9.180 4149 t3,329 10,825 4,358 8,455 <698 3,383 8.919 Sub total (Gross income for AR) 27,094 3,OSI 30.145 A2 Asset and investmènt sales, Isee table). Sub total Total rgcolpts 27,094 3.051 30,145 27,532 A3Pa ents Expens9S CD PurGh8SéS Grnntg 60 120 221 21,4 21AOO 23,000 Sub total 21.460 21.520 23221 A4 Asset and investment purchasès,188• tablèl Sub total 21.480 21,52CI 23.221 Net of reGeipts/(payments) A5 Tratr)sfers between funds A6 Ca$h fund$ last ￿81 Ind Cash funds this-year end 5.634 490 30,024 36.149 2.991 4.311 101.536 104.037 131.5611 140.185 127.249 131.560 CCXX R1 acDxnts ISSI 1010812025

Section B Statement of assets and liabilities at the end of the period Unrestricted funds to ngarestÉ Investment fvnd$ trj neawt£ Endowment funds to Marn8t £ Cat•gorles Detalls B1 Cash funds Bard S￿59 CAF Cash IEMFA a(yA. & In¥e Attti 539 5,127 CAF IEMFA 8C¢t. & Inv8StAccLI 22,752 132 CCLA lIn￿l A￿.) 96,781 Totsl cash funds 36.149 fQ4.039 {agt•bBLqn￿￿￿rnedptsa￿d ACWUMl811 Unr•strlct•d R￿trICI•d funds funds to wr•st£ Endowment funds t( ￿•T￿t£ Details NA to nMr•it £ Fuodto whl¢h Detai15 CoBt loptlonill Ctsrr•nt valup lonal Fund to whl¢h ass•t be Unrtsththd Curr•nt valu on81 Details CD Slot* CoBtIWlon•ll B4 Assets rgtaln•d for tho harltys own use 100 100 Fund to whSch ntdu Detalls NA Wh•n du• 85 Liabilities .117a2 Signed by one or twsts88 on behalf of all lh8 trustees Slgnaturè Print Name Date of oval CCXX R2 w)unts ISSI 1010812025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees É EgirJ(rYthJ f£>YivA u AssociATi& On accounts for the year ended 30 AlniL 10￿5 Charity no (if any) IOf92gl Set out on pagos I report to the twstees on my exam￿allon of ￿ accounts of the above charrty (Ihe TNsf) for the year ended 4 Q o * Ko I¥ Responsibilities and basis of ￿port As the tharitys trustees, you are responsible for the preparation of the accounts in accordan￿ with the requirements of the CharÈties Acl 2011 (7he Acr). I report in respect of my examination of the Trusys accounts carried out under section 145 of the 2011 Acl and in carrying out my examination, I have followed all the applicable Diredions given by the Chartty Commission under section 145(5){b) of the A Independent ross incxjme ex(xled £250,0(M) an examiner's statement undertake the exami member of linsert name of y]]. Delete l ] rfno I have completed my examination. I confirm that no material matters hav8 come to my attention in connection with the examination (other than that disclosed below.) vthich gives me cause to believe that in. any material respect.. the accountiThJ records were not kept in accordance wtth section 130 of the Charities A¢t" or the accounts dKI not accord with U)e accounting ￿rdS,. or the accounts did not ￿mplY with the applicable requirements con￿mIng the fonn and content of accounts set out in the Chartties (AGwunts and Reports} Regulations 2008 other than any requirement that the accounls give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection th the examination to whiGh attention should be drawn in this report in order to enabte a proper understanding of the accounts to be reached. . Please delete Ihe w0￿S in the b￿ckets rflhey do not apply. Signed: Name: Relevant professional qual1r￿ation(sI or b¢)dy -fA /rfrr IER Oct 2018

(if any): Address: io t>￿￿￿&£ IJlArJon *1 1(3A Section B Disclosure Only complete if the examiner needs to highlight material matters of con￿rn (see CC32, Independent examination of charity accounts: directions and guidan￿ for examiners). Glve here brlef detalls of any items that the examiner wishes to disclose. IER Oct 2018