Maggini Quartet Charitable Fund Annual Report
The Trustees present their Annual Report and Accounts for the year ended 30 June 2022.
Objectives and activities; Achievements and performance
This year the charity continued to carry out its core purpose which is the advancement of classical chamber music, primarily through supporting live performances and educational activities. This includes the
stewardship of funds donated in support of the work of classical musicians, including but not limited to the Maggini Quartet.
This year’s principal activities included supporting the Spotlight Chamber Music series, a performance series taking place in Londonat, and featuring both chamber groups and individual soloists.
The Trustees are in particular grateful to Anthony Friend for managing these activities.
The Trustees have had consideration of their duty to ensure public benefit throughout the year and when making decisions about how to use the charity’s funds and status. This includes consideration of the Charity Commission’s guidance on public benefit. They consider that the provision of classical music to the public at large, and the support given to a wide range of classical musicians this year, adequately fulfil the charity’s purposes as set out in its governing documents.
Financial review
The charity began the year with reserves of £27,915. Performance fees and other expenditures in the year totalled £30,173. These costs were met through donations and ticket sales to a value of £27,323, and by drawing down on funds to a value of £2,850. This is in keeping with the Trustees’ financial strategy to largely spend down any funds held, recognising that the charity has no ongoing running costs or obligations for which to set aside reserves. The Trustees consider the charity to be a going concern.
Governance, reference details, etc.
The charity has three Trustees (2021: 3) and employs no staff. Book-keeping is performed by Skillframe Ltd. The Trustees meet from time to time to discuss planned activities. The company number, address and charity registration number are set out elsewhere in these accounts. The charity does not hold funds as a custodian trustee for any third parties.
Future plans
The Trustees plan to continue with similar activities to those outlined above in the forthcoming year.
John Tress Trustee
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independènt Examiner's Report Report to the trustees A<Q On accounts for the year ended Charity no Ilf any) ,JvthJk 2otW- Set out on pages I report to the trustees on my examination of the accounts of the above ¢harity ('the TNsf) for the year eThJed Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 (Yhe Act.). I report in respect of my examination of the Trust's accotjnts carried out under section 145 of the 2011 Act and in carrying out my examinalion, I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent 's gross income exeded £250,000 and l am examine# statement undertake the exa em r of linsert name of . Dete l ) rfnotap I have COMpted my examination. I confirm that no material matters have come lo my attention in Connection with the examination-(ot&eA 19d* which gives me cause to believe that in, any material respect: the accounting records were not kept in ac¢ordan¢e with seGtion 130 of the Charities Act,. or the accounts did not accord with the accounting words,. or the a¢unt5 did not comply with the applicable requirements conc8ming the fom 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 fairf view which is not a matt8r considered as part of an independent examination. I have no GOnmS and have come across no other matters in connedion with the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Signed= Date: /oi~/3QJ2 Name: /aiAkl /rtYLok. Relevant professional qualification(s) or body Oct 2018
Ilf any): Address: s,- /lL68 S/Y71 auJ- Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidan for examiners). Glve here brief detsils of any items that the examiner IShe$ to dlsclose. ER Oct 2018
Registered number: 8121839 MAGGINI QUARTeT CHARITABLE FUND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDeD 30 JUNE 2022 Skillfrarne Fin•ncial
Maggini Quartet Charitable Fund Unaudited Financial Statements For The Year Ended 30 June 2022 C•ntwt• P•g• Company Irftrmation AJnIants. Report Profit and Loss Account Balattce Sheet The followlnq pages do not krm part of the statutory accounts: Tradlng Profit and L055 Account
Maggini Quartet Charitable Fund Company Information For The Year Ended 30 June 2022 Mr JohTr Tress Mr Sebastlan Scotnoy Mr JulSan Ogilvlt Compthy Numbe 8121839 R•ql•tered 01 138 Walton Road East Moles4y Kr8 OHP Aetountaiit# Skillframe Flnar¢clal 138 Walton Road East Molèsoy 80HP Pagg 1
Maggini Quartet Charitable Fund Accountants. Report For The Year Ended 30 June 2022 En aceordance wf£h the engagement letter dated 27 June 2012. and In order to asslst you to fulfil your duti8s under the Cornpanies Act 2006. we have compiled the finaociol stotoments of the company frorn the accountlng rcords and information nd explanations you have given to us. Thi5 report Is rnade to the dlrectors Sn accordan¢ wr¢h Ihe terms of our engagement. Our work has been undertakén to prepare For approval by the directors the financlal ststemants that wt have bgen ong49gd to compile, to report to the dlrectors that we havo dorse so, and to state those matttrrs that WB have agrqod to state to thern In this report and for no other purpose. To the fvllest extent permitted by law, wè do not accept or assuma responslbility to anyong othar than the Cornpan¥ and the Company's directers for our work Dr for this report. You have acknowledged on the balance sheet as at year ended 30 Jun* 2022 your duty to ensure that the company has kept proper accountlng records and ts prepare finanEial staternents that give a true and fair vlew under the Companie5 Act 2006. You consider that the company Is exempt frém the statutory requirement for an èudit for the year. Wo hové not been Instructed to carry out an audit of thg financial st4tements. For thls reason, w8 have not vttifiod th? ccuracy or completeness of the accountlng rocords or information and &xplanatlons you have glven to us and wé do not, therafore, expre$5 arTry opinion on the financi41 statements. Signqd 0810312023 Sklllfrarne Finèn(iol 136 Walton Road East Molesey 80HP Page 2
Maggins Quartet Charitable Fund Profit and Loss Account For The Year Ended 30 June 2022 2022 2021 TiIRNOVER other charges 27,323 (30,1731 36,359 {39,5851 NET LOSS 12,8501 13,2261 dge3
Maggini Quartet Charitable Fund Balance Sheet As at 30 June 2022 2022 2021 Current assets 25,065 27,915 NET CIJRRENY ASSETS 25.065 27,915 TOTAL ASSETS LESS CLIRRENT LIABILMES 25,065 27,915 NET ASSETS 25,065 27,915 CAPITAL A14D RESERVES 25.065 27,915 Notes l. Average Number Of Employ Average number of employees. lrttlLbdirwJ dirertors, durlng the year was as follow5= 3 12021.. 31 2. G•n•r•l Inf•rm•tion Ma99inl Quartet Charitable Fund is a privatè eompanyi limited by sharos, kncorporatsd In Englaftd & Walgs, r•glstsrad numbar 8121839. Tha registered offire 138 Walton Road, East Molgsey, OHP. For the year ending 30 June 2022 the company was qntitled to oxemption from audlt undr s#dion 477 of the Cornpanles Aet 2006 relating to small Companies. The membErs have not Taguirod the cornpany to obtaln an audit Fn acrdanCe wlth stctltsh 476 of tha Companies Act 2006. The diréctors acknowledge their resPonbIll(leS fér complying wf(h the requirements of the Art wlth rspect to accourting records and the preparation of arunts. These accounts havé b4en pripor&d In accordaThca wlth thé mkro-ttntity provisions. On behalf of the board Mr John Tress Dlrector 0810312023 Page 4
Maggini Quartet Charitable Fund Trading Profit and Loss Account For The Yeèr Ended 30 June 2022 2022 2021 TURNOVER Donatlons received Jncome frem charitèbl¥ octlvftlos Gift ald receid 13,000 13,259 1.064 17.200 16,858 2.301 27.323 36.359 OTHEIi CIIARGES Charitable adlvities 30,173 39,585 130,173) {39,5851 NET LOSS {2,850) {3,2261 Pag• S
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees On accounts for the year ended Charity no (if any) Jvtsjk I I btg50LE Set out on pages I report to the trustees on my examinatK)n of th8 accounts of the above charity (Ihe Trusf) for the yearerKled Responslbllltles and basis of report As the charitys trustees, you responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 rthe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 ofthe 2011 Act and in catrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5}(b) of the Aci. Independent '$ gross income exceeded £250,000 and l am •xamlnerfs statement undertake the exa em er of linsert name of Delete [ ] if not app I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination-lethe do which gives me cause to believe that in, any material respect.. the accounting records were not kept in atrrdanfje 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 conceming the fom) and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts giv8 a 'true and faiv view which is not a matter considered as part of an independent examination. I have no ¢on¢ems and have come across no other matters in connection wrth the examination to whi¢h attention should be drawn in this report in order to enab a proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Slgned: 3oJ2 Namè: /VAI All /rtYLort. Relevant professional qualificatlon($) or body ER Oct 2018
(If any): Address: 66 S-, S/Y71 aJJ- Section B Disclosure Only complete ifthe examiner needs to highlight material matters of conrn (see CC32, Independent examination of chanty accounts". directions and guidan for examiners). Glve here brief detalls of any items that the examiner wishes to disclose. ER O¢t 2018