Cambridge Woodwind Makers 2023 to 2024 Trustees report. Finally we are seeing the effect of Covid wearing off and our classes are much better attended. The number of instrument making and repair courses has remained static, with good attendance especially on the repair courses. But the proportion of Art and Craft courses compared to instrument related courses to has increased with an exciting number of new tutors being recruited to provide a very interesting selection of courses taught. The quality of weekly tuition remains very high and tutors continue to choosing to teach short courses with us. There have been some notable successes in participants professional development, enabling progression from student to tutor and/or commercial success. We continue to increase reserves to give us resilience against the almost inevitable recession that will come along soon. Many of our tutors and participants highly value the weekly courses we run and we want to try and ensure we can keep running the courses, even when numbers decline during the recession. At some point we will need to start repairing the heavily used equipment that is owned by the Bangham family and loaned to the charity. The two administrative staff have seen a slight increase in pay and are now reporting more hours worked. The trustees believe there is still and under reporting of hours worked and seek to regularise (increase) the hours paid. In summary. The charity continues to be viable and provide the tuition and support we set out to provide. **Company Registration No. 07824298 (England and Wales)** **CAMBRIDGE WOODWIND MAKERS ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **CAMBRIDGE WOODWIND MAKERS ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS** ||**Page**| |---|---| |Company information|3| |Directors' report|4| |Accountants' report|5| |Income statement|6| |Statement of financial position|7| |Notes to the accounts|8| |Detailed profit and loss account|10| - 2 - **CAMBRIDGE WOODWIND MAKERS COMPANY INFORMATION FOR THE YEAR ENDED 31 OCTOBER 2024** ## **Directors** **Secretary** **Company Number** **Registered Office** ## **Accountants** Daniel Bangham Phyllis Champion Colin Hamilton Daniel H Bangham 07824298 (England and Wales) 106 Russell Street Cambridge Cambridgeshire CB2 1HU Morgan Barrett Accountancy 20 Church Street Little Shelford Cambridge Cambridgeshire CB22 5HG - 3 - ## **CAMBRIDGE WOODWIND MAKERS (COMPANY NO: 07824298 ENGLAND AND WALES) DIRECTORS' REPORT** The directors present their report and accounts for the year ended 31 October 2024. ## **Principal activity** The principal activity was provider of education courses on a non-profit making basis. ## **Directors** The following directors held office during the whole of the period: Daniel Bangham Phyllis Champion Colin Hamilton ## **Statement of directors' responsibilities** The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - 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 directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are 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 special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ Daniel Bangham Director Approved by the board on: 19 June 2025 - 4 - ## **CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF CAMBRIDGE WOODWIND MAKERS FOR THE YEAR ENDED 31 OCTOBER 2024** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cambridge Woodwind Makers for the year ended 31 October 2024 as set out on pages 6 - 9 from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html This report is made solely to the Board of Directors of Cambridge Woodwind Makers, as a body, in accordance with the terms of our engagement letter dated 31 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of Cambridge Woodwind Makers and state those matters that we have agreed to state to the Board of Directors of Cambridge Woodwind Makers, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cambridge Woodwind Makers and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Cambridge Woodwind Makers has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cambridge Woodwind Makers. You consider that Cambridge Woodwind Makers is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Cambridge Woodwind Makers. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Morgan Barrett Accountancy Chartered Certified Accountants 20 Church Street Little Shelford Cambridge Cambridgeshire CB22 5HG 19 June 2025 - 5 - **CAMBRIDGE WOODWIND MAKERS INCOME STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2024** |**Turnover**
Cost of sales
**Gross surplus**
Administrative expenses
Other operating income
**Operating surplus**
**Surplus on ordinary activities before taxation**
Tax on surplus on ordinary activities
**Surplus for the financial year**|**2024**
**£**
176,003
(150,328)
25,675
(31,370)
11,321
5,626
5,626
-
5,626|**2023**
**£**
186,171
(99,987)| |---|---|---| |||86,184
(28,842)
3,727| |||61,069| |||61,069
-| |||61,069| - 6 - ## **CAMBRIDGE WOODWIND MAKERS STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2024** |**Notes**
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due within one year**
5
**Net current assets**
**Net assets**
**Reserves**
6
Profit and loss account
**Members' funds**|**2024**
**£**
17,702
63,285
80,987
(5,803)
75,184
75,184
75,184
75,184|**2023**
**£**
23,981
48,128| |---|---|---| |||72,109
(2,551)| |||69,558| |||69,558| |||69,558| |||69,558| For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by Daniel Bangham Director Company Registration No. 07824298 - 7 - **CAMBRIDGE WOODWIND MAKERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **1 Statutory information** Cambridge Woodwind Makers is a private company, limited by guarantee, registered in England and Wales, registration number 07824298. The registered office is 106 Russell Street, Cambridge, Cambridgeshire, CB2 1HU. ## **2 Compliance with accounting standards** The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. ## **3 Accounting policies** The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. ## _**Presentation currency**_ The accounts are presented in £ sterling. ## _**Turnover**_ Turnover is measured at the fair value of the consideration received, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |**4**
**Debtors**
**Amounts falling due after more than one year**
Trade debtors
Other debtors
**5**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Loans from directors|**2024**
**£**
15,992
1,710
17,702
**2024**
**£**
3,234
2,569
-
5,803|**2023**
**£**
23,981
-| |---|---|---| |||23,981| |||**2023**
**£**
2,000
353
198| |||2,551| ## **6 Company limited by guarantee** The company is limited by guarantee and has no share capital.� Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. - 8 - ## **CAMBRIDGE WOODWIND MAKERS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **7 Pension commitments** Cambridge Woodwind Makers runs a defined contribution pension scheme which is open to all members of staff. ## **8 Average number of employees** During the year the average number of employees was 2 (2023: 2). - 9 - ## **CAMBRIDGE WOODWIND MAKERS DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024** This schedule does not form part of the statutory accounts. |This schedule does not form part of the statutory accounts.||| |---|---|---| |**Turnover**
Fees
**Cost of sales**
Other direct costs
**Gross profit**
**Administrative expenses**
Wages and salaries
Pensions
Employer's NI
**Other operating income**
Other operating income
Government grants
**Operating profit**
**Profit on ordinary activities before taxation**|**2024**
**£**
176,003
150,328
25,675
29,723
517
1,130
31,370
2,801
8,520
11,321
5,626
5,626|**2023**
**£**
186,171| |||99,987| |||86,184| |||27,915
149
778| |||28,842| |||3,727
-| |||3,727| |||61,069| |||61,069| - 10 - **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Cambridge Woodwind Makers **On accounts for the year** 31st October 2024 **Charity no** 1146167 **ended (if any) Set out on pages** 1-9 **Report to the trustees/ members of** **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - to state whether particular matters have come to my attention **Basis of independent examiner’s statement** My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the 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 as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 1 **June 2025** **IER** **Independent examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities 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. * **Date:** 19[th] June 2025 **Signed: Name:** Philip Evans **Relevant professional** FCCA **qualification(s) or body** Association of Chartered Certified Accountants (ACCA) **(if any): Address:** 20 Church Street Little Shelford Cambridge CB22 5HG 2 **June 2025** **IER** **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 3 **June 2025** **IER** **Give here brief details of any items that the examiner wishes to disclose** . 4 **June 2025** **IER**