2025-08-31-accounts - Wye Valley Chamber Music Festival

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Wye Valley Chamber Music Festival Ltd

Registered Company Number 04762005 Registered Charity Number 1100171

Report and Accounts

Year ended 31 August 2025 Wye Valley Chamber Music Festival Ltd

Contents of the Report and Accounts for the year ended 31 August 2025

Director's report	3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the accounts	7-8

Wye Valley Chamber Music Festival Ltd

Director's Report

The director presents his report and accounts for the period ended 31 August 2025

Principal activities

The company's principal activity during the year continued to be organizing the Wye Valley Chamber Music Festival.

Director

The following person served as director during the year: Daniel Tong

Directors responsibilities

The director is responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the director to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company and of the incoming resources and the application of resource, including income and expenditure, of the company for that period. In preparing these accounts the director is required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charity SORP;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will
continue in business.

The director is responsible for keeping adequate records that disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the accounts comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions in part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on …..................................

Daniel Tong Director

Independent Examiner’s Report to the Trustees of

Wye Valley Chamber Music Festival

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 August 2025 set out on pages 5 to 8.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act")

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Wheelock 23rd May 2026

Wye Valley Chamber Music Festival Ltd

Statement of Financial Activities for the year ended 31 August 2025

Income (Note 2) Income from: Donations Charitable activities Investment income Other income Total Expenditure Expenditure on: Raising funds Charitable activities Total Net income/(expenditure) Reconciliation of funds Total funds brought forward Total funds carried forward	2024 Unrestricted funds Total funds Total funds £ £ £ 47,301 47,301 34,730 15,336 15,336 22,950 - - 934 4,800 4,800 529 67,437 67,437 59,142 7,458 7,458 3,094 54,672 54,672 57,772 62,129 62,129 60,866 5,307 5,307 (1,724) 22,863 22,863 24,587 28,170 28,170 22,863 2025

Wye Valley Chamber Music Festival Ltd

Balance Sheet

as at 31 August 2025

Current assets Debtors (Note 3) Cash at bank and in hand (Note 4) Creditors: amounts falling due within on year (Note 5) Net current assets Total net assets Funds of the charity 0 Unresticted funds	2024 Unrestricted funds Total funds Total funds £ £ £ 9,909 9,909 7,571 18,261 18,261 15,292 28,170 28,170 22,863 - - - 28,170 28,170 22,863 28,170 28,170 22,863 28,170 28,170 22,863 2025

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that the member has not required the company to obtain an audit in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies' regime.

Daniel Tong Director

Approved by the board on …..........................

Wye Valley Chamber Music Festival Ltd

Notes to the accounts

for the year ended 31 August 2025

Note 1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting andReporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

Note 2 Income Donations Donations and gifts Gift aid Grants provided by other charities Total Charitable activities Income from investments Other income Total income Note 3 Debtors Analysis of debtors Prepayments and accrued income Total debtors Note 4 Cash at bank and on hand Short term deposits Cash at bank and on hand Total	2024 Unrestricted funds Total funds Total funds £ £ £ 40,540 40,540 25,415 6,760 6,760 9,315 0 0 0 47,301 47,301 34,730 15,336 15,336 22,950 0 0 934 4800 4,800 529 67,437 67,437 59,142 2025 2024 £ £ 9,909 7,571 9,909 7,571 2025 2024 £ £ 11,031 11,031 7,230 4,261 18,261 8,687 2025

Note 5 Creditors and accruals Accruals for grants payable Accruals and deferred income Total	2025 2024 £ £ - - - -

Note 6 Related party transactions

During the year purchases of wine were made from Fingal Rock, which is the business of sole trader Tom Innes, who is also a Trustee.

Premises for charitable events are hired from R.A. & J.P. Wheelock, a partnership of which the Independent Examiner, John Wheelock, is a member.