2022-07-31-accounts - Conservatoires UK

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CONSERVATOIRES UK

(a company limited by guarantee without share capital)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2021 – 31 JULY 2022 Company Number: 5005423 Registered Charity Number: 1108731 (registered 24 March 2005) Company Registered: 5 January 2004 in England and Wales Registered Office: Woburn House 20 Tavistock Square London WC1H 9HQ Directors: Professor Anthony Bowne Professor Jonathan Freeman-Attwood CBE Josette Bushell-Mingo Professor Helena Gaunt Professor Joe Wilson Professor Colin Lawson CBE Professor Linda Merrick Dr. Shirley Thompson Jill Leigh Jeffrey Sharkey Jonathan Vaughan Chair: Professor Linda Merrick Secretary: Nadine Patel Bankers: Lloyds TSB 31-32 Park Row Leeds LS1 5JD Solicitors: Wrigleys Solicitors 19 Cookridge Street Leeds LS2 3AG

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

REPORT OF THE DIRECTORS

for the period ended 31 JULY 2022

Directors’ Report

The directors present their annual report and the financial statements covering the period from 1 August 2021 to 31 July 2022.

Constitution

Conservatoires UK (CUK) was established as a company limited by guarantee on 5 January 2004 and was registered as a charity on 24 March 2005. The subscribing members are:

Birmingham City University on behalf of the Birmingham Conservatoire Conservatoire for Dance and Drama Guildhall School of Music & Drama Leeds Conservatoire Royal Academy of Music Royal Central School of Speech and Drama Royal College of Music Royal Conservatoire of Scotland Royal Northern College of Music Royal Welsh College of Music & Drama Trinity Laban Conservatoire of Music and Dance

Objects

The objects of the CUK are:

To advance and assist in the advancement of higher or further education in the United Kingdom in the fields of music and performing arts (in so far as such advancement and assistance shall be of an exclusively charitable nature) and in particular, but without prejudice to the foregoing, by providing and maintaining an organisation to facilitate applications for admission to such higher or further education establishments and to assist applicants in gaining access to such education establishments.

Directors and Trustees

The Directors are ex officio the Principals/Directors of the member organisations; the holders of these positions throughout the period are listed below:

Conservatoire for Dance and Drama Jill Leigh Guildhall School of Music & Drama Jonathan Vaughan Leeds Conservatoire Prof. Joe Wilson Royal Academy of Music Prof. Jonathan Freeman-Attwood Royal Birmingham Conservatoire Dr. Shirley Thompson Royal Central School of Speech and Drama Josette Bushell-Mingo Royal College of Music Prof. Colin.Lawson Royal Conservatoire of Scotland Jeffrey Sharkey

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

Royal Northern College of Music Royal Welsh College of Music & Drama Trinity Laban Conservatoire of Music and Dance

Prof. Linda Merrick Prof. Helena Gaunt Prof. Anthony Bowne

Principal Activities and Review

The activities of CUK during this accounting period continued to be catalysed and expedited through a Service Level Agreement with Universities UK for the services of a Policy Researcher for two days per week, employed through Universities UK and based at Woburn House, Tavistock Square, London, WC1H 9HQ. Activities included:

The operation of a number of sub-committees covering a range of academic, professional, musical and pedagogical matters relevant to the objects of CUK and its member organisations.
Activities of the CUK Student Network (CUKSN) continued to be facilitated by a part-time chair/coordinator funded by CUK. The Network remains a valuable resource for SU presidents as a source of good practice across conservatoire student unions. The CUKSN has during this period has been invited to join the CUK EDI sub-forum ensuring a more diverse range of committee members with lived experiences.
Alignment with the Specialist Institutions’ Forum of UUK has continued to bring cohesion in policy and access to data gathering and analysis in areas such higher education funding and regulation.
The CUK Chair has held regular meetings and written to various key stakeholders to highlight the current challenges and issues facing conservatoires, this includes members of opposition parties, the Department for Education, UKRI and the OfS
CUK continues to support the Healthy Conservatoires network. The HCN provides its members with news and updates on health needs of performing artists; access peer support, resources, and expertise in creating and maintaining a healthy conservatoire; and engage with the latest research and evidence-informed practice.
CUK supported a cohort of senior leaders to participate in a ‘Leadership Transitions at the Top in Conservatoires’ programme.
CUK engaged a Research Consultant, to support the membership’s need to better track students from under-represented groups who are accessing their junior facilities to help CUK design a data collection framework to be applied by all appropriate members to ensure that the membership can better show how participant’s experiences within a Junior Conservatoire has supported their transition into higher education and what areas do members need to improve to ensure access and participation from underrepresented groups is maintained and increased.

Results

CUK had a loss of £8,319 for the year which decreases the general reserves.

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

Reserves

The balance shows the assets and liabilities attributable to the general fund by type and the Statement of Financial Affairs summarises the period’s movements on this fund. The Directors and Trustees endeavour to maintain a minimum level of free reserves adequate to provide sufficient funding to cover their expectations of CUK’s operating expenditure after taking account of its future known and anticipated income.

Risk management

The Directors and Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Statement of Directors’ Responsibilities

Law applicable to incorporated charities in England and Wales requires the directors of the company, to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity at the end of the period and of its financial activities during the period then ended. In preparing those accounts, the directors are required to:

select suitable accounting policies and the apply them consistently;
make judgments 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 operation.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the accounts comply with the Companies Act 1985. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

By order of the Directors and Trustees

Nadine Patel

Company Secretary

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

Independent examiner's report to the trustees of Conservatoires UK

I report on the accounts of the Trust for the year ended 31 July 2022, which are set out on pages 6 to 8.

Responsibilities and basis of report

As the charity trustees of the Trust 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 2011 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.Basis of independent examiner's report.

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 giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do 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.

Miss Julie Hardy (FCCA) Fellow of Association of Chartered Certified Accountants 13 Wyndale Drive Failsworth Manchester M35 0PY

09/03/2023

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

STATEMENT OF FINANCIAL ACTIVITIES

(including Income and Expenditure Account)

For the period 1 August 2021 to 31 July 2022

Incoming Resources Member Subscriptions Leadership Prog Fee Resources Expended Events and Marketing Consultancy Administration of the charity (inc. CUKSN) Miscellaneous Net (outgoing)/incoming resources for the period at 31 July	31-Jul-22 £ 71,610 11,340 82,950 6,948 75,180 9,063 78 91,269 (8,319)	31-Jul-21 £ 74,160 -
		74,160
		7,037 59,555 2,513 151
		69,256
		4,904

The company has no recognised gains or losses other than the net incoming resources for the period. All of the company’s activities are classed as continuing.

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

BALANCE SHEET as at 31 July 2022

CURRENT ASSETS Debtors Cash at Bank and in Hand CREDITORS - amounts falling due within one year Creditors Accruals NET CURRENT ASSETS FUNDED BY Unrestricted General Fund	31-Jul-22 £ £ 16,665 155,813 172,478 91,282 - 91,282 81,196 81,196	31-Jul-21 £ £ 8,230 98,239 106,469 2,500 14,455 16,955 89,515 89,515	31-Jul-21 £ £ 8,230 98,239 106,469 2,500 14,455 16,955 89,515 89,515
			89,515

These accounts were approved by the board of directors on 15/03/2023 and were signed on its behalf by:

Professor Linda Merrick Chair

Professor Anthony Bowne Director

CONSERVATOIRES UK

(a company limited by guarantee without share capital)

FINANCIAL STATEMENTS For the period ended 31 July 2022

Notes to the Financial Statements

Accounting Policies The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s accounts.
a) Basis of Preparation The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 1985 and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice issued in October 2000 and revised 2005.
b) Income and Expenditure Income and expenditure are recognised on an accruals basis.
c) Cashflow Statement The company is exempt from the requirement of Financial Reporting Standard No 1 to prepare a cashflow statement on the grounds of its size.

2. Staff Costs and Board of Directors

The Directors of the Board do not receive any remuneration for their services and no members of staff are employed directly by the Company.

The position of Policy Researcher was employed through a Service Level Agreement with Universities UK on a two-day per week basis throughout the period, based at Woburn House, Tavistock Square, London, WC1H 9HQ.