**June 2024**
## **Trustees’ Annual Report 2022-2023**
## **OVERVIEW**
Once again the financial year 2022-2023 offered fewer opportunities for our musicians to perform live as a result of the continuing reluctance of the public to attend mass events while there were still Covid-19 infection cases being reported.
We ended the financial year £4,143 in credit as a result of prudent management of costs. Although there appears to be a surplus, there were deferred fees which had to be adjusted within the accounts.
As the new financial year 2023-2024 began, bookings for our orchestra started to pick up again, including:
* A concert with the Croydon Philharmonic Choir and the Basingstoke Choral Society at Croydon’s Fairfield Halls.
- An opera about the Bronte sisters
* A performance of Carl Orff’s Carmina Burana with the Southampton Philharmonic Choir at Southampton.
* Verdi’s Requiem [where?]
- The Sea Symphony at Portsmouth {with choir?]
- A recording with patron Mike Batt [of what?]
- Participation in the Thames Festival
- A Film Night concert at St Anne’s Limehouse
- “The Snowman” at Christmas.
## **AIMS AND OBJECTIVES**
The musical director and Trustees continue to work hard to achieve the aims and objectives set out in the orchestra’s constitution, namely to promote, develop, improve and maintain:
- a) A high-standard orchestra in the East London area.
- b) High-quality concerts and events for the cultural benefit of the local community.
- c) Inspire local children to enjoy classical music and to take up playing classical instruments.
- d) A showcase for new compositions by British composers and for innovative musical collaborations.
## **PATRONS AND FRIENDS**
Docklands Sinfonia remains indebted to our supportive Patrons, Admiral Lord West and composer, producer and musician Mike Batt.
We would also like to thank supporters of the orchestra who pay a £20 annual fee to become a Friend of Docklands Sinfonia. Many have been Friends since the orchestra launched in 2009 and continued their support during the restrictions.
## **FINANCIAL PERFORMANCE**
Our income from six live events was £17,080, down from £75,570 the previous year. These included:
- A memorial service at St Anne’s Limehouse for our Trustee Gordon Warren, which incurred a deficit of £440 which Docklands Sinfonia was happy to fund.
- Remembrance Day Service on HMS Belfast.
- A concert with pop star Olly Murs, which incurred a small deficit of £20.
- A performance with our Patron Mike Batt at Bush Hall, Shepherds Bush.
- A concert with the Southampton Philharmonic Choir, which generated income of £8,760, resulting in a small surplus of £197 after payments of £7,799 to our musicians, who are paid in accordance with the fee rates set by the Musicians’ Union.
- A performance at the Canary Wharf Festival 14, for which we were paid £3,000.
Donations and membership fees increased from £308 to £2,553 which included donations by Trustee Clare Walker of her fees from a number of talks she gave during the year.
The charity holds a total of £22,180 in uncommitted funds carried forward from the previous year’s accounts.
The net funds moment including interest was £10,775 adjusted down to a negative £479 reflecting a small net deficit when taking into account all the live events.
## **ASSETS AND LIABILITIES**
Expenditure included £800 to hire our tubular bells for an unrelated gig.
There are no liabilities. However, we continue to hold funds previously accumulated for a CD of music from our Epic Persia concert and for a planned second Epic Persia concert. These monies are noted in the summary of annual accounts as committed funds.
## **GOVERNING STRUCTURE**
Our six trustees normally meet a minimum of three times a year with extra meetings as required to discuss specific areas such as PR/Marketing, Strategy and Fundraising. The conductor/musical director is also in attendance to advise and contribute ideas. Trustees also present reports and attend the AGM, which our musicians are encouraged to attend.
## **TRUSTEES**
Kathryn Lewis, Chairman (PA Consulting)
J. Kirsty Walker, Deputy Chairman (Vice President/Director of Media, University College London)
Harold Sim, Accountant (Wells Fargo)
Phil Sizer (Ensembles, Programming & Instrument Manager, Guildhall and Orchestral Manager, Docklands Sinfonia)
R. Clare Walker (Clare Walker Associates; joint founder and former Treasurer of the orchestra)
Lesley Balding (London Link Properties/Vice Chair Limehouse Community Forum)
Signed: …………………………………………… Kathryn Lewis, Chairman
…………………………………………… Harold Sim, Accountant
Date: …………………………………………….
## **Accountant's Report: Docklands Sinfonia 2022/23**
## **Bank balances**
|**k balances**||||
|---|---|---|---|
|Community account
Savings account
Total|**31-Aug-22**|**31-Aug-23**|**Movement**|
||6,139|16,808|10,669|
||25,231|25,337|106|
||**31,370**|**42,145**|**10,775**|
## **Funds available for use:**
|**BANK ACCOUNTS**|**BANK ACCOUNTS**|**BANK ACCOUNTS**|**BANK ACCOUNTS**|
|---|---|---|---|
|Current|16,808|||
|Savings|25,337|||
|**Total Funds**||**42,145**||
|**Less committed funds:**||||
|Fundingfor Epic Persia CD|(16,965)|||
|Fundingfor Epic Persia Concert II|(3,000)|||
|Advance fee for Bronte Opera September 2023|(11,254)|||
|**Total Committed Funds**||**(31,219)**||
|**Uncommitted funds carried forward**|||**10,926**|
## **Income and Expense analysis for the 12 months ending 31-Aug-23**
|**Event incomes and expenses**|**Net**|**Income**|**Musicians**|**Hire / Mktg /**
**Other**|
|---|---|---|---|---|
|Gordon Warren memorial service St Annes|(440)|391|(750)|(81)|
|HMS Belfast|0|1,000|(1,000)||
|OllyMurs|(20)|2,200|(2,220)||
|Mike Batt@Bush Hall|(22)|1,179|(1,201)||
|Mike Batt rehearsal|50|550|(500)||
|Southampton Philharmonic Choir|197|8,760|(7,796)|(767)|
|CanaryWharf Festival 14|0|3,000|(2,940)|(60)|
||||||
|**EVENTS SUB-TOTALA**|**(235)**|**17,080**|**(16,407)**|**(908)**|
|**Other incomes and expenses**
Donations,Gift Aid,Membership,Friends etc
2,553
Grants
0
Instrument hire income: tubular bells to Piltdown
800
Savings account interest
106
Monthlyemail costs
(76)
Printingcosts(ink cartridges)
(138)
Other costs
(484)
**Net oth inc/exp B**
**2,761**
**Net movement of fundsA+B**
**2,526**
_Prior year expenses_
Angel Studios 11th August 2022
(3,005)
_Income received in advance_
Bronte Opera September 2023
11,254
**Adjusted movement of funds including prior year and future**
**year income and expense**
**10,775**|||||
|**Adjusted movement of funds including prior year and future**
**year income and expense**|**10,775**||||
## **Notes**
**1:** The Gordon Warren memorial service was partially supported by donations; the rest of the costs were taken from Docklands Sinfonia funds
**2:** The payments to Spencer Down have been distributed as equitably as possible across HMS Belfast, Olly Murs and the Mike Batt gigs
**3:** The charitable donations were all made by Clare Walker, including £17 from her sign-up to the Amazon donation scheme
**4:** Docklands Sinfonia's tubular bells were hired out for a unreleated gig: DS was not involved in the performance of this
**5:** Due to the rise in interest rates the deposit account attracted a sizeable amount of interest income
**6:** The monthly email costs are due to Google Cloud hosting charges
**7:** The printing costs included printing of various orchestral parts
**8:** Other costs included instrument insurance of £405
Annual Accounts for 2022-2023
EXAMINER'S REPORT
I confim that I have examined the Docklands Sinfonia Annual Accounts for
2022-2023 and that I believe them to be an accurate statement of the charty's
financial performance during that year. I have been given access to the
charity's detailed accounts and have also had meetings with the charity's
Treasurer.
I have been associated with the orchestra since its foundalion in 2009 as a
Friend of Docklands Sinfonia and have known the joint founders for many
yea. As a result of my experience as a Company Director, Company
Secretary and Accounts Administrator Sin 1972,1 was asked to act as
examiner of the orchestra's accounts.
Signed..
Mrs Valerie B. Cahill
Date..
lQ_ Q&- 2 02 Ifr..................