## Reference and administrative details of the charity, Its trustees and advisers Trustees Daniel Bangham Phyllis L Champion Colin RE Hamilton Company registered number 07824298 Charity registered number 1146167 Registered office 106 Russell Street Cambridge CB2 1HU ## Company Secretary Daniel H Bangham Bankers Lloyds Bank Plc 95-97 Regent Street Cambridge CB2 1BQ ## Trustees’ Report Cambridge Woodwind Makers was incorporated on 26 October 2011. The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the financial statement of Cambridge Woodwind Makers for the year ended 31 October 2020. The trustees confirm that the Annual Report and financial statements of the Charity comply with the current statutory requirements, the requirement of the Charity’s governing documents and the provision of the Statement of Recommended Practices (SORP) “Accounting and Report by Charities” issued in October 2019. Turnover this year was below the VAT threshold. ## Structure, governance and management Cambridge Woodwind Makers is a Company limited by guarantee which was incorporated on 26 October 2011 and is governed by its Memorandum and Articles of Association of the same date. The Company obtained charitable status on 29 February 2012. The Trustees who served during the year were:Daniel Bangham Phyllis L Champion Colin RE Hamilton. The management of the Charity is the responsibility of the Trustees who are elected under the terms of the Articles of Association. Trustees are appointed who will bring practical and valuable skills to the Charity. Objectives and Activities The Charity has been set up to undertake the day to day running of Cambridge Woodwind Makers and Cambridge Makers, which is a studio and workshop set up to preserve and promote art and artisanship. During the period, the Trustees have borne in mind the Charity Commissions Guidance on the principles of public benefit. The principal objective of the Charity is to preserve the art of woodwind instrument making and repair and other creative arts and crafts. The charity provides workshops and courses to teach these theories and skills. ## Review of Activities 2020 was a challenging year due to the corona virus. We took guidance from the government and our local authority and changed our work practice to make our environment as safe as possible for those periods of time we were able to remain open. The rest the time, we closed the studio and workshop as required by the law and to minimise the spread of the covid virus. We furloughed our administrative staff when were were in lockdown and their services were not needed and cut down our overheads as much as possible. We are grateful that the local authority made the grants that we were entitled to easy and quick to access, which undoubtedly allowed us to remain viable throughout the year. We have retained a loyal and supportive team of tutors and students who have kept in touch with each other and with our charity and are keen to attend courses as soon as they are allowed too. ## Financial Review Total funds carried forward as at 31 October 2020 were £26,444 and the Trustees are satisfied that this is an6 acceptable level of reserves. Total incoming resources for the year were £54,225. Total resources expended for the year amounted to £22,849 which includes the daily running expenses of the workshop and studio . We received £15,579 in grant income, making a loss for the financial year of (£3,322) ## Trustees’ Responsibility Statement The Trustees (who are also directors of Cambridge Woodwind Makers for the purposes of company law) are responsibly for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company and charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP; - Make judgments and estimate that are reasonable and prudent; - Prepare the financial statement on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees 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 statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was approved by the Trustees on 22/06/2021 and signed on their behalf, by: Daniel H Bangham Trustee