Thames Youth Orchestra
Annual Report and Financial Statements for the year ended 31 August 2022
Thames Youth Orchestra
Contents
Reference and administrative details ........................................................................ 2 Report of the trustees for the year ended 31 August 2021 ..................................... 3
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Thames Youth Orchestra
Reference and administrative details
Charity name Thames Youth Orchestra Registered charity number 1121177 Address Tiffin Girls’ School Richmond Road Kingston Surrey KT2 5PL Web site www.thamesyouthorchestra.co.uk Trustees Simon Ferris – Musical Director Rebecca Bevan Andrew Lenon Matthew O’Malley Ben Porter Philip Viveash Independent Examiner Devarajen Singah FCCA 26 Hampton Court Ave East Molesey KT8 0BQ Bankers Lloyds Bank 83 High Street Walton-on-Thames Surrey KT12 1DU
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Thames Youth Orchestra
Report of the trustees for the year ended 31 August 2022
Objectives and Activities
The purpose of Thames Youth Orchestra (“the Charity”) continues to be to advance the musical education of young persons by providing a unique musical experience, particularly those resident in the Royal Borough of Kingston upon Thames or the surrounding areas, by the provision of training in orchestral playing and the presentation of public concerts. The orchestra has a sister ensemble, the Thames Youth Jazz Orchestra, which also join them on their annual tour.
The Orchestra rehearses each week during school term time and generally performs one concert at the end of each term. Each summer the Orchestra organises a tour abroad lasting around one week. The Orchestra owns a small number of instruments which are used in rehearsals and performances, and for providing training to young musicians on instruments which are difficult to access or less popular.
Achievements and performance
During the year the Orchestra had around 60 playing members from more than 20 different schools. Due to the ongoing impact of Covid-19, the orchestra’s activities were still somewhat curtailed in the first part of the year, though were able to resume concerts and the annual tour in the second part of the year. Concerts included the following:
18[th] December 2021 at All Saints Church, Kingston Join Christmas concert with All Saints Parish Church Choir
19[th] March 2022 at St. Matthias Church, Richmond Walton Prelude to Richard III Alwyn Symphony No. 1 Arnold Horn Concerto No. 2 [guest soloist: Alexei Watkins]
24[th] July 2022 at Cadogan Hall, Sloane Square Kabalevsky Overture to Colas Breugnon Shostakovich Symphony No. 9 Prokofiev Sympony No. 5
During August 2022, current and previous playing members of the Orchestra – 40 musicians in total - undertook a tour to Salamanca in Spain performing a varied programme ranging from Gershwin’s An American In Paris to jazz band concerts.
Financial review
Receipts for the year returned to higher than pre-pandemic levels, totalling £79,290 (2021: £16,753). This was in part due to a number of generous donations, though also increased income from subscriptions following a boost in membership.
Similarly, payments during the year were higher than pre-pandemic levels, totalling £74,448 (2021: £12,780). Costs were significantly higher in part due to the uncertainty regarding the pandemic (particularly impacting the annual tour), and also due to the cost of the gala celebration concert at Cadogan Hall, which acted as a way to bring the community together again.
In addition, there were a total of £2,904 of delayed payments due to delayed invoices from the staff team as well as additional expenses for the summer tour. The orchestra’s reserves increased at the end of the year to £16,039 (2021: £11,197), all of which represent unrestricted funds. There is not currently any policy regarding reserves.
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Thames Youth Orchestra
Structure, governance and management
Thames Youth Orchestra is an unincorporated association governed by a constitution adopted 9 September 2007 and modified 23 February 2014.
The Trustees generally meet once a term to set strategy and oversee the day-to-day operations of the Charity which are managed by the Musical Director (who is a Trustee) supported by a part-time Executive Director.
The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.
Approved by the Trustees on 18[th] April 2023 and signed on their behalf by
S Ferris
………………………………… Trustee
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Thames Youth Orchestra
Receipts and payments for the year ended 31 August 2022
| Receipts and payments for the year ended 31 August 2022 | |||
|---|---|---|---|
| 2022 | 2021 | 2020 | |
| Income | |||
| Subscriptions - Thames Youth Orchestra | 19,022 | 7,800 | 13,836 |
| Subscriptions for upcoming year | - | 480 | - |
| TYJO Income | 3,095 | 700 | 1804 |
| Subscriptions - TYJO upcoming year | - | 60 - | |
| Subscriptions - Friends | 385 | 135 | 1750 |
| Donations - collections | - | 2,896 | - |
| Donations - general & sponsorship | 1,852 | 69 | 858 |
| Gift aid from Inland Revenue | 3,505 | 3,575 - | |
| Concert tickets and refreshments sales | 4,084 | - | 1,647 |
| Concert tickets sales - for previous year | - | 1,037 | - |
| Tour payments from players | 47,347 | - | 16,260 |
| Tour payments - for previous year | - | - | - |
| Other income | - | - | 649 |
| Total receipts | 79,290 | 16,753 | 36,803 |
| Expenditure | |||
| Coaching/staff - Thames Youth Orchestra | 11,390 | 3,000 | 12,900 |
| Coaching from previous year - TYO | 650 | 500 | - |
| Thames Youth Jazz Orchestra (TYJO) | 885 | 150 | 1,193 |
| Coaching from previous year - TYJO | 650 | - | - |
| Music hire/purchase | 2,705 | 3,472 | 2,372 |
| Concert costs | 5,976 | - | 856 |
| Concert costs - Deposits for concerts in following year | - | 2,986 | - |
| Orchestra tour | 47,218 | - | 15,959 |
| Orchestra tour - from previous year | - | 838 | 201 |
| Organisation and instrument insurance | 945 | 935 | 4,696 |
| Instrument purchase and maintenance | 1,251 | - | - |
| Administration | 1,953 | 900 | 2,057 |
| Admin costs from previous year | 825 | ||
| Marketing | - | - | - |
| Other | - | - | - |
| Total payments | 74,448 | 12,780 | 40,234 |
| Cash balance at 1 September 2021 | 11,197 | 7,265 | 10,696 |
| Cash balance at 31 August 2022 | 16,039 | 11,197 | 7,265 |
All amounts relate to unrestricted funds
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Thames Youth Orchestra
Statement of assets and liabilities at 31 August 2022
| Current assets | 2022 | 2021 | 2020 |
|---|---|---|---|
| Prepayments | 0 | 0 | 0 |
| Cash at bank | 16,039 | 11,197 | 7,265 |
| Total | 16,039 | 11,197 | 7,265 |
| Current liabilities | |||
| Deferred income | 0 | 0 | 1,953 |
| Accruals | -2,904 | -2125 | -1,338 |
| Total | -2,904 | -2,125 | 615 |
| Total assets less current liabilities | 13,135 | 9,072 | 7,880 |
| Net assets | 13,135 | 9,072 | 7,880 |
| Funds | |||
| Unrestricted funds | 13,135 | 9,072 | 7,880 |
| Total funds | 13,135 | 9,072 | 7,880 |
| Deferred income/accruals | Income | Expense |
|---|---|---|
| David Whitson summer 2022 fee | 500 | |
| Magdalenna Krstevs Summer 2022 fee | 500 | |
| Ben Porter Summer 2022 fee | 700 | |
| Carys Evans - tour expenses | 264.21 | |
| Ben Porter - tour expenses | 65 | |
| Specialised Travel - tour expenses | 874.93 |
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