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2023-07-31-accounts

cjo 3. The Square, Corryton, nr. Chichester. Sussex, P018 9HA e-mail: fftfo@prirnemus￿.biE R•glstèrad Charlty no. 1148872 Trustees. Annual Repore Aug 1112022- July 3141 2023 1. Trustsos Dr. Jonathan Cox (Chairman) Carolyn Shaw Professor Toby Salt Dale Chambers Jonathan Willcocks Goveming documenL Trust Deed The charrty is constituted as a Trust TNstees a￿ appointed by 8XiSting Trustees 2. Objectives and Activi￿8 To advance, educate and inc¥ease the appreoatson of music by the public, s￿[fiCallY orchestral and instrumental music. ty means of educational con￿rtS and workshops for children of school age ?nd the provision and FKesenUion of con￿rtS of orchestral music for the general public. In the year Aug 1 2022- Juty 31st 2023 concert￿pIlng activty was back to full involvement as the pandemic abated, with a total of 21 concerts perforn￿- either as SPM promotions or in partnership wtth other charitable organisations. The Trustees have met once in the 2022-2023 year and have had regard to the guKlance issued by the Charity Commission on public benefft. 3. Flnanclal review The Charty's resep48s are held as cash, currently deposited with Bardays Bank. The opening balan￿ of total ¢ash assets as at Aug 18t 2022 was £33.712.20 and the closing balan￿ on July 3151 2023 was £36,828.31. There was a 'neY increase in reserves during the year Aug 22 - July 23 of £3,116.11 (largely due to encouraging ticket receipts from SPM'S conwt promotions and generous donation$}. The Charity aims to maintain sufficient reseNes to prevent cash-17tr￿ drfficullies wrlhin a COn￿rt season and to develop further actiwties a(xxxdi￿d to its Charitable aims. Southem Pro M￿ca Registered Charity no. 1148872 www.southempromusica.org

Declaration The Trustees declare that they have approved the Trustees. report above. Signed on behalf of the Trust*s: Dr.J an Cox (Chaimian) Jonathan v￿lIC0Cks

Southern Pro Musica Registered Charity no. 1148872

Year Aug 1st 2022 - July 31st 2023

Opening balance of cash assets (as at 1st Aug 2022) £33,712.20

Unrestricted Income Restricted Funds Total Income

Receipts

Fees from partner organisations £78,811.64
Grants £0.00 £0.00
Friends of SPM' net income £986.99
Other income £34,841.51
Total Receipts £114,640.14 £0.00 £114,640.14
Payments
Fees to musicians £106,704.00
Concert venue hire £665.00
Hire of music £1,359.42
Librarian, postal and sundry expenses £693.80
Concert promotion, design, printing and other concert costs £954.42
Sundry (website mgt, liability insurance, bank charges etc) £1,147.39
Total Expenditure £111,524.03
Closing balance of cash assets (as at 31st July 2023) £36,828.31

Indépendent Examlnerfs R&port Report to the Trustees of Southern Pro Musica on accounts for the year Aug 1st 2022-July 31st 2023. Respectfve responsibilities of Trustees and Examin The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audtl is not required for this year under section 144 of th8 Charibes Act 2011 (the Charities A(*) and that an independent examination is needed. It is my responsibility to= 8xamine the accounts urKler section 145 of the Chariiies Act to follow the procedures laid dovm in the general Directions given by the Charity Commission (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention Basis of Independent examlnevs statement My examination was carried out in accordance with general Directions given by the Charrty Cornmission. An examination inclLKles a rev￿ of the accounts.ng records kept by the charity and a comparison of the accounts presented with these records. It also includes ￿nSIderation of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees conceming any such matters. The pro¢&Jures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to vthether the accounts present p Yrue and fairf view and th8 r8POrt is limrted to those rnatters set out in the statement below. Independent Examiners Statement In connection with my examination, no matter has come to my attention.. 1. which gives me reasonable cause to telieve that in, any material ￿peCt, the requirements To keep accounts'ng records in accordan￿ with section 130 of the Charities Act" and To prepare accounts which a¢¢ord with the accounting records and comply with the accounting requirements of the char￿eS A have not been met, or 2. to which, in my opinion. attention shoukl be drawn in ord8r to enable a proper understanding of the accounts to be reached. Signed". Michael Heslop, M& PGCE ex-Headmaster ex-ISI inspector