ST PAUL'S SINFONIA (Limited by Guarantee) COMPAIYY NO.: 07114950 CHARITY NO.: 1136232 REPORT AIYD ACCOUNTS for the vear ended 30 June 2024 IAW AccouiYfANCY SERVICES AccouKfANTS AND BUSINESS ADVISORS GROSVEIYOR HOUSE I NEW ROAD BRIXHAM DEVON TQ5 8LZ
St Paul's Sinfonia StatUS'. Company Limited by Guarantee No 07114950 Charity registration No. l136232 The Company's governing document is its Memorandum and Articles of Association dated 20 April 2010 Secretary and Registered Office: 16 Park Road Leybourne West Malling ME19 5HP Management Committee: Andrew Crawford Morley Patricia Anne Rickwood Guenther Koegebehn Eileen Margaret Newnham Revd Eric Robert Newnham Independent examiner: Ian Webb IA W Accountancy Services Grosvenor House l New Road BTixham Devon TQ5 8LZ Bankers: HSBC 85 Lewisham High Street London SEI 3 6BE
St Paul's Sinfonia Trustee's Report for the year ended 30 June 2024 Tlie trustees present their report and the financial statements for the year ended 30 June 20?4. This is a director's report rquired by $417 of the Cornpanies Act 2006 and all trustees are directors. The financial Statements comply with Current statutory requirements and the requirements of the Memorandum & Articles of Association. The charity has no staff and all decisions are made by the trustees. Object The objects of the charity are to advance. improve, develop and maintain public education in, and appr¢ciation of, the art and science of music in all its aspects. Achievements and Activities During the year the charity facilitated a number of perfomiances by providing musicians and administrative support. Financi21 Review The charity made a profit of £1 0.543 in the year under revievw and had reserves of £14,204 at 30 June 2024. This was expected due to the programming for the season and addition of Orchestra Tax Relief for the first time. The trustees consider that the slate of the charitable company is satisfactory.
St Paul's Sinfonia Statement of Trustees, Responsibilities I'he trustees (who are also direclors of the charitable company for the purposes of company law) are responsible for preparing the Trustees. Annual Report and the financial statements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each flnancial year which gtve a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure ofthe charitabl¢ company for that period. In preparing these financial statements, the trustees are required to: a) select suitable accounting policies and apply them consistently. b) observe the methods and principles in the Charities SORP. c) make judgements and accounting estimates that are reasonable and prudent; d) state whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements. e) prepare the financial statements on the going concern basis unless it is inappropriate to pSume that the charitable company will continue in operation. The truslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also resp)nsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prcvcntion and detection of fraud and other irregularttics. This report, which has been prepared in accordance with the special provisions relating to Companies subject to the small es regime within Part 15 of the Companies Act 2006, was approved by the Board ..£S I. ¥-?20£4 . and signed on its behalf. Signed Trustee Print Name
Independent Examiner's Report to tbe Trustees of St Paul's Sinfonia I report on the financial statements of the company for the year ended 30 June 2024 as set out on pages 6 to 11. This report is made solely to the charity's trustees, as a body. in accordance with the section 145 of the Charitles Act 201 l. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as a body, for my work, for this reporL or for the opinions I have fornied. Respective responsibilities of irustees and examiner The charity's truste¢s (who are also the directors of the company for the purposes of company law) are responsible for the preparation of financial statements. The trustees consider that an audit is not required for this year under Section 144(1) of the Charities Act 2011 (the .201 l Act,) and that an independent exam ination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the financial statements under section 145 of the 2011 Act. follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) of the 2011 Act- and state where particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given &s to whether the financial statements present a 'true and fair view, and the retK)rt is limited to those matters as set out in the statement below.
Independent examiner's stalement In connection with my examination, no matter has come to my attention l )which gives me reasonable cause to b¢liev¢ that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006; and to prepare financial ststements which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; hav¢ not been met" or 2)lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. lan Webb A.C.M.A, C.G.M.A. M.C.l.M IA W Accountancy Services Grosvenor House l New Road Brixham Devon TQ5 8LZ Date: 25 Apnl 20.25
St Paul's Sinfonia Notes to the accounts for the year ended 30 June 2024 Totsl F•nds 2024 T•tsl Restricted Fund5 Unrestricted Funds Note 2023 Incoming resources Incoming resources from generated fund5'. Voluntar>' Income Activities for generaling funds Investment Income 3,310 3JlO 3,740 lrtcoming resources from Charitable activities Orchestra T&% Relief 28.503 12,107 10.134 40.610 10,134 45,150 Total Incoming Resources 28.)03 25.551 54,054 48,890 Resourtes expended Cosis of generating funds Charitable activities Governance costs 27.868 15,643 43.511 51.527 Toial resources e-wnded 27,868 15.643 43,511 51,527 Nel incoming/ou¢going resourees before Iransfers 635 9.908 10,543 (2.637) Transfer belweenfunds (635) 635 Nei IncoMe/(ndlrej before oiher recognisedgains and 105Jes 10.543 10,543 (2.637) Ivei movemeni inlunds 10,543 10,543 (2,637) Re¢oneiligtion of funds Tolal funds brought forward Totulfunds ewriedforward 3,661 14,204 3.661 14,204 6.298 3,661
St Paul's Sinfonia Company no. 07114950 Notes lo the accounts for the year end 30 June 2024 Note 2024 2023 Current Assets Cash at bank and in hand Debtor 4,070 10.134 14,204 3.661 Tolol currenl assets 3.661 Ivet currenl aSSrt1dlI(Itsj 14.204 3,661 Total assets Itss current liabilities 14,204 3.661 Nel assets 14.204 3.661 The funds of the charity: Restricted funds Unrestricted funds.. Designated General Fund Total unrestricted funds 14.204 3.661 14.204 3.661 Tolal charttyfunds 14.204 3,661 For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Trustee's Responsibilities The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 The trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements. which have been prepared in accordance with the special provisions relating lo the small companies regime within Part 15 of the Companies Act 2006 and in aw)rdan¢e with the Financial Reporting Standard for Smaller Entities (effective April 2008). were approved by the Board on and signed on its behalf by= 2510412025 Signe thr QECKJ PLO QLi- Print Name
St Paul's Sinfonia Notes to the accounts for the year ended 30 June 2024 l Accounting policies The principal accounting policies are sumrnarised below. The accounting policies have been applied consistently throughout the year and in the preceding year. (i) Basis of accountin The financial statements have been prepared under the historical cost convention, and in accordance with the companies Act 2006, the Financial Reporting Standard for Smaller Entities (effective April 2008) and the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005. (ii)Fund accountin Unrestricted t.unds are available for usc at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds eamiarked by the trustees for particular purposes. Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal. (iii)Incomin resources All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full when receivable. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Investment income is included when receivable. (iv)Resources ex ended Expenditure is accounted for on an accrual basis as a liability is incurred. Expenditure includes any V A T which cannot be fully recovered. and is reported as part of the expenditure to which it relates. Costs of generating fijnds comprise the costs associated with attracting voluntary income. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes l)oth costs thal can be al located directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. All costs arc allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. others are apportioned on an appropriate basis.
St Paul's Sinfonia Notes to the accounts for the year ended 30 June 20?4 Voluntary Income Total Funds 2024 Total Funds 2023 Reslricted Funds Unrestricted Funds DonaEions Grant 3.310 3,310 3.740 3,310 3.310 3,740 ncoming resources from Charitable activilies Total Funds 2024 Tot21 Funds 2023 Restricted Funds Unrestricted Funds Concert fees and Box OITice Sundry Income Sarsons (Rachmaninov) New Sussex Operd Beckenham S&Kton Recording Blackheath Choir Hire of Players Gray Peter & Wolf 11,376 731 11,376 731 12.365 9,303 711 11,600 9.944 ,202 2,040 3,350 12.365 6.818 6.818 3,460 725 5.135 28.)03 3,460 725 5,135 40,610 45,150
St Paul's Sinfonia Notes to the accounts for the year ended 30 June 2024 Charitable Activities Total Funds 2024 Total Funds 2023 Restricted Funds Unrestricted Funds Musicians Music/scores Venue Hire Administrator Miscellaneous expenses 27,868 27.868 3,445 6,782 4,807 609 43.511 35.589 5,033 5.928 4,566 411 51,527 3,445 6,782 4.807 609 15,643 27,868 Trustees Expenses No trustees received any remuneration or expenses during the year No trustee or other person related to the charity had any personal interests in any contract or transaction entered into by the charity during the year (2023:nil). Analysis of net asset5 between funds General Fund5 Designated Funds Restricted Funds Total Funds Tangible fixed assets Investments Current assets Current liabilities Long-terni liabilities 14.204 14,204 14,204 14.204 io
St Paul's Sinfonia Notes to the accounts for the year ended 30 June 2024 Movements in funds At l July 2023 Incoming Resources Outgoing Resources At 30 June 2024 Reslricled Funds." Sarsons (Rachmaninov) Beckenham Choral Blackheath Choir Hire of Players Gray Peter & Wolf Total r¢strict¢d funds 12,365 6.818 3,460 725 5.li5 28,50i 11.975 6,617 3.260 714 5,)02 27.868 390 201 200 (167) 635 Unreslricledfund5." general fund Total unrestricted funds 3,661 i.661 25,551 25,551 15,643 15,64) 13,569 Total Funds i4,054 14.204