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Trustees' Annual Report for the period
Period start date Period end date
10 April 2024 09 April 2025
From To
Section A Reference and administration details
Charity name Stile Antico Foundation
Other names charity is known by n/a
Registered charity number (if any) 1156615
Charity's principal address 17 Sussex Gardens
Fleet
Postcode GU51 2TL
Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)
1 Christophe Kasolowsky Chair n/a n/a
2 Stefan Paekte Trustee Apr 24 - 21 [st] March 25
3 Rebecca Chilton Trustee n/a n/a
4 Natalie Docherty Trustee n/a n/a
5 Lindsay Kemp Trustee Apr 24 – 21 [st] March 25 n/a
6 Elisabeth Munns Trustee n/a n/a
7 Jessica Robson-Hill Trustee n/a n/a
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
n/a
Names and addresses of advisers (Optional information)
Type of adviser Name Address
n/a
Name of chief executive or names of senior staff members (Optional information)
n/a
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Section B Structure, governance and management
Description of the charity’s trusts
Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Trustee selection methods Trustees are elected by each other (eg. appointed by, elected by)
Additional governance issues (Optional information)
| Youmay chooseto include additional information, where relevant, about: policies and procedures adopted for the induction and training of trustees; the charity’s organisational structure and any wider network with which the charity works; relationship with any related parties; trustees’ consideration of major risks and the system and procedures to manage them. |
The basic arrangements for the Stile Antico Foundation (SAF) are unchanged from those outlined in previous years’ reports. The Foundation supports the charitable activities of the Renaissance choral singing Group Stile Antico(‘the Group’) but also allows support for similar groups and soloists in the very early stage of their careers. The Group’s objectives are to bring the Renaissance choral music repertoire to new audiences by means of innovative programming and a performance style almost unique to_Stile Antico,_which sings one-to-a-part and without a conductor. This offers a uniquely intense musical experience to audiences, enhanced by creating new ways to present the music and thus engage with wider audiences new to the repertoire. To achieve these objectives, the SAF Trustees work closely with members of the Group, some of whom attend Trustees’ meetings. By this means the Group shares information with Trustees about current and future projects, and Trustees offer guidance and help wherever their expertise allows them to do so. In deciding to offer financial support, Trustees always have the charitable purpose of each project as the major criterion for agreeing a grant at the forefront of their minds. A Business Plan for SAF was drawn up when it commenced operations in 2014, and this has been regularly reviewed and updated since that time in line with changing economic circumstances. In particular this has led Trustees strongly to support the Group’s search for wider sources of funds, such as Arts Council England and other relevant providers. A considerable matter for Trustees’ attention was Governance issues. As reported previously, a great effort was devoted to satisfying the requirements of the GDPR and Safeguarding and Protection Directive, and a series of revised documents and procedures were approved. All Governance documents and procedures are reviewed annually to ensure that they continue to be fit for purpose and to monitor compliance. Having been Trustees since the Foundation was founded, Stefan Paetke and Lindsay Kemp both stood down from the board on the 21st March 2025. |
|
|---|---|---|
| 2025. |
Commented [AG1]: Please could someone confirm the dates that they stepped down?
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Section C Objectives and activities
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
To advance, improve, develop and maintain public appreciation of the music performed by choral groups specialising in the Renaissance repertoire. This is achieved by funding performances and concerts by choral groups, including principally but not exclusively by_Stile Antico,_as well as education workshops and projects designed to promote appreciation of choral music at little or no cost to participants. SAF’s commitment to supporting the development of new programmes has been enhanced by providing funds to contemporary composers to write pieces for incorporating into_Stile Antico’s_programmes so that modern interpretations of common themes sit alongside those written by composers such as Palestrina. During 2024-25 SAF’s support has enhanced its charitable purposes through a variety of outreach activities and performing new programmes around and outside of the UK. |
|---|---|
| Come and Sing, London The group has a record of running Come and Sing events across the country. SAF contributed a total of £1291.25 across the year, to cover group fees and travel for events in London and Oxford. A Come & Sing took place on 2nd March 2024 in St John the Evangelist Church, Oxford. The event focussed on music from the concert programme to give concert-goers (and others) a chance to sing the music for themselves. Five members of the group led a workshop and four young singers from the Stile Antico Youth Consort 2022 and 2023 cohorts came to add support to each part. SAF paid a grant of £612 in May 2024 to cover the singer’s fees and travel. In November 2024, the group ran a Come and Sing workshop at St Clement Danes RAF Church, Strand, London with fifty participants attending. The focus of the day was music from Seville and Mexico. The workshop was led by six members of Stile Antico, who all conducted one or two pieces each. Three young singers from Stile Antico Youth Consort courses came to add vocal support. The session received positive feedback from participants. SAF contributed £679.25 to cover the groups fees and travel, in order to make the event viable. CD Recording– Additional Funding Following grant funding from the previous year, SAF provided additional funding of £1,706 towards the recording of the group’s third CD, ‘The Golden Renaissance’. The CD was recorded in July 2024, and by recording music, the group is able to expand their reach beyond their concert audiences Green Fund Due to their international audience, the group frequently travel to perform concerts. SAF has set-up an annual fund for the group to support greener travel options and reduce the group’s environmental footprint. During the 2024/25 year, the green fund supported the group travelling to Germany and to engagements in the UK, by train rather than by car or flight. SAFprovided agrant of £416. |
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MSSF Summer School – Additional Tutor
In late July 2024 Stile Antico performed at the inaugural Music Summer School and Festival, held in Gresham’s School Norfolk. After the concert, which opened the festival, eight members of the group stayed on to coach adult amateur singers in two courses a day – one focussed on ensemble singing, and the other exploring music by Henry Purcell and contemporaries.
SAF provided a grant of £850 to cover the cost of one additional tutor. Having eight tutors, rather than the original seven was invaluable to the success of the courses, particularly the vocal ensemble course, where it enabled the group to split the 70 participants into well matched ensembles.
In addition to the grant to cover the additional tutor, SAF provided a grant of £250 to cover the cost of a speaker, Dr Joseph Gasgoigne, to provide a talk on the repertoire, following the group’s performance of their programme ‘A Divine Hope’.
Résau Européen de Musique Ancienne (REMA) Conference
In June 2024, members of Stile Antico attended the REMA General Assembly and Conference in Stockholm. The event provided an important opportunity for the group to promote Renaissance repertoire, in particular their disc celebrating Palestrina’s anniversary year, with other musicians, agents, concert promotors and festival organisers across Europe. SAF provided a grant of £750 to cover the REMA membership subscription and contribute towards the travel and accommodation costs of the three group members that attended.
A second grant was provided my SAF, also equalling £750, to enable one member of the group to attend the 2025 conference in March 2025.
Rodolfus Course, March 2025
Following the success of the course in 2023, Stile Antico collaborated again with the Rodolfus Choir, a leading choral education foundation for young singers in the UK. Over a 3-day course in March 2025, members of Stile Antico worked with the young singers aged 15-22, focussing around the music of Palestrina, contributing to their choral education and resulting in a showcase in Oxford on the final day of the course.
SAF provided a grant of £2000 to contribute towards the fees of the group members, venue hire fee, Rodolfus staff member fees and concert publicity, to ensure the young singers were able to benefit the most out of the 3-day course.
Youth Consort 2024
The fifth Stile Antico Youth Consort course took place from 30th August – 1st September 2024 in More House School, Knightsbridge with final performance in St Paul’s Church, Knightsbridge. As before, the course was run by the Stile Antico Foundation, administered and delivered by Stile Antico in conjunction with former member of the group, Eleanor Clarke. SAF provided a grant of £2786 to cover tutor costs.
St Cecilia’s, Education Workshops
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In early 2025, members of Stile Antico worked with Nick Ashby from the King’s Singers to run a series of 4 workshops at St Cecilia’s School, Wandsworth. The four workshops focussed on close harmony skills and early music.
SAF committed to a grant of £1700.15 to cover the singers fees and travel expenses. Thanks to the SAF grant, the group were able to start the series of Stile Antico workshops with five Stile singers. This meant the group were able to perform to the children and also sit alongside them as the singers explored the new repertoire.
This payment will be paid in the 2025/26 financial year and covered in next year’s report.
Ensemble Development Bursary
Stile Antico has run a mentoring and development scheme for an aspiring, young vocal ensemble since 2019. The scheme aims to support an ensemble at the start of their professional career (under 30 years old) and includes a financial bursary as well as coaching and mentoring from members of the Group.
SAF committed a bursary to the Burgel Ensemble of £1,500, and a further £1,000 has been designated to cover the cost of mentoring from the Group members. The payments for this will be made during the 25/26 financial year and will be covered in next year’s report.
The Prince of Music Programme
As part of their 20th Anniversary Year, the Group designed a programme of music titled ‘The Prince of Music’, to celebrate the 500th Anniversary of Renaissance composer Palestrina. The new programme was designed to expand the group’s repertoire and to attract new concert promoter’s, contributing to future growth of the group.
The group organised a tour to perform this programme across the UK and internationally. SAF committed to a grant of £6500 to the group to cover the rehearsal costs for the new programme. This will be paid in the 25/26 financial year and covered in next year’s report.
Palestrina Commission
In October 2023, SAF committed a grant of £3,250 towards a commission to celebrate the Group's 20th Anniversary.
The Group has a well-established tradition of commissioning contemporary composers to create new works for their programmes. This latest commission will form part of a new programme created to accompany the Group’s Decca release of the music of Giovanni Pierluigi da Palestrina, titled ‘The Prince of Music’ . In addition to exploring the legacy of Palestrina’s work, the Group aims to broaden its listening audience and deepen engagement with its performances by expanding the repertoire to include this new commission.
In addition to the commission, the Group plans to incorporate an educational component around this new commission. Music students, ranging from A-Level to conservatoire level, will be invited to attend rehearsals of the new work.
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The second £1500 payment to the composer was made in the 2024-25 financial year, in additional to a £250 grant paid by SAF to cover production costs with the publisher.
You may choose to include further statements, where relevant, about:
-
policy on grant making;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
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| Section D | Achievements andperformance |
|---|---|
| Summary of the main achievements of the charity during the year |
The Foundation has developed its programme of grants in pursuit of its charitable objectives as outlined in the paragraphs above describing how funds were disbursed in the year. During the 2024-25 period, support from donors and grantors has remained strong based on our clear objectives, strong governance, and delivery of high-quality charitable projects. Upon completion of each funded project, Trustees receive a report from the Group which describes the activities undertaken, and comments on how well the objectives were achieved. The proposal and report template was updated in the 24/25 financial year, to improve quality of reporting. Apart from occasions such as commissions to composers where an upfront payment is normal, funds are paid following receipt of such a report. The knowledge gained from this feedback has been used to modify and improve projects undertaken subsequently. |
Section E Financial review
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Stile Antico Foundation Charity No 1156615
Company No
Annual accounts for the period
Period end
Period start date 10/04/2024 To date 09/04/2025
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Section A Statement of financial activities (including summary income and expenditure account)
| Guidance Note S01 S02 S03 S04 S05 S06 S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 S12 S13 Tax payable S14 S15 Net gains/(losses) on investments S16 S17 Extraordinary items S18 S19 S20 Other gains/(losses) S21 S22 Reconciliation of funds: S23 S24 Total funds carried forward Total Net income/(expenditure) after tax before investment gains/(losses) Net income/(expenditure) Transfers between funds Gains and losses on revaluation of fixed assets for the charity’s own use Total funds brought forward Net income/(expenditure) before tax for the reporting period Net movement in funds Other recognised gains/(losses): Raising funds Separate material item of income Other Other Total Recommended categories by activity Other trading activities Charitable activities Investments Charitable activities Separate material expense item Income and endowments from: Donations and legacies Income (Note 3) |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 48,168 - 48,168 21,122 4,615 - 4,615 7,905 - - - - - - - - - 150 - 150 147 52,933 - - 52,933 29,174 - - - - 54,117 - 54,117 32,873 - - - - - 322 54,117 - - 54,117 33,195 1,184 - - - 1,184 - 4,021 - - - - - - 1,184 - - - 1,184 - 4,021 - - - - - - 1,184 - - - 1,184 - 4,021 - - - - - - - - - - - - - - 1,090 - - - 1,090 - 2,274 - - - 2,274 - 4,021 - 71,331 - - 71,331 75,352 71,331.390 69,057 - - 69,057 71,331 |
|---|---|
| 52,933 - - |
|
| - - 54,117 - - - |
|
| 54,117 - - |
|
| 1,184 - - - |
|
| - - - |
|
| 1,184 - - - |
|
| - - - |
|
| 1,184 - - - |
|
| - - - - - - - - 1,090 - - - |
|
| 2,274 - - - |
|
| 71,331 - - |
|
| 69,057 - - |
Stile Antico Foundation Charity No CFT 1156615 Company No
~~eee~~ Section B Balance sheet
| Guidance Note | Unrestricted funds |
Unrestricted Restricted income funds |
Unrestricted Restricted income funds |
Unrestricted Restricted income funds |
Endowment funds |
Endowment funds |
Endowment funds |
Total this year |
Total last year |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||||||
| Fixed assets | F01 | F02 | F03 | F04 | F05 | ||||||
| Intangible assets (Note 15) | B01 | - | - | - | - | - | - | - | - | - | |
| Tangible assets (Note 14) | B02 | - | - | - | - | - | - | - | - | - | |
| Heritage assets (Note 16) | B03 | - | - | - | - | - | - | - | - | - | |
| Investments (Note 17) | B04 | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - | |
| Total fixed assets | B05 | - | - | - | - | - | - | - | - | - | |
| Current assets | |||||||||||
| Stocks (Note 18) | B06 | - | - | - | - | - | - | - | - | ||
| Debtors (Note 19) | B07 | - - | - - | - - | - - | ||||||
| Investments (Note 17.4) | B08 | - | - | - | - | ||||||
| Cash at bank and in hand (Note 24) | B09 | 69,057 | - | - | - | 69,057 70,241 | 69,057 70,241 | ||||
| Total current assets | B10 | 69,057 - | 69,057 - | 69,057 - | 69,057 - | - | - | - | 69,057 | 70,241 | |
| Creditors: amounts falling due within one year (Note 20) Net current assets/(liabilities) |
B11 B12 |
- - - 69,057 - - 69,057 70,241 ~~ |
~~ ~~ |
~~ ~~ |
~~ ~~ |
~~ ~~J~~ ~~ |
~~ ~~a~~ |
||||
| Total assets less current liabilities | B13 | 69,057 - - 69,057 70,241 a |
|||||||||
| Creditors: amounts falling due after | |||||||||||
| one year (Note 20) | B14 | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - - - - | - | |
| Provisions for liabilities | B15 | - | - | - | - | - | - | - | - | - | |
| Total net assets or liabilities Funds of the Charity |
B16 | 69,057 - - 69,057 70,241 ~~a~~ ee |
|||||||||
| Endowment funds (Note 27) | B17 | - | - | ||||||||
| Restricted funds (Note 27) | B18 | 35,810 | 35,810 23,809 | 35,810 23,809 | |||||||
| Designated Funds (Note 27) | 10,000 | 10,000 10,000 | 10,000 10,000 | ||||||||
| Unrestricted funds | B19 | 23,247 | - 23,247 36,432 | - 23,247 36,432 | - 23,247 36,432 | - 23,247 36,432 | - 23,247 36,432 | ||||
| Revaluation reserve | B20 | - | |||||||||
| Fair value reserve | B21 | ||||||||||
| Total funds | B22 | 69,057 - | 69,057 - | 69,057 - | 69,057 - | - | - | - | 69,057 | 70,241 |
The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit under the Charities Act 2011
The trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of the accounts
Date of Signed by one or two trustees/directors on behalf of all the trustees/directors Print Name approval dd/mm/yyyy 09/02/2026 —_= C KASOLOWSKY Date Signature Signature of director authenticating accounts being sent to dd/mm/yyyy Companies House Print name
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Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* ☑
- -Tick as appropriate 1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
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An explanation as to those factors that n/a
support the conclusion that the charity is a
going concern;
Disclosure of any uncertainties that make the n/a
going concern assumption doubtful;
Where accounts are not prepared on a going n.a
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in
note { }.
Yes
-Tick as appropriate
No
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS102 SORP.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
Yes
-Tick as appropriate
No
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
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| Yes No 1.5 Material pri No material prio |
or year er r year erro |
rors r have been identified in the reporting period (3.47 FRS102 SORP). |
|---|---|---|
| |
* -Tick as appropriate |
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.
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Section C Notes to the accounts (cont)
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE
Please provide a description of the nature of each change in accounting policy
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Reconciliation of funds per previous GAAP to funds determined under FRS 102
Start of End of period period £ £
Fund balances as previously stated Adjustments:
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of £ Net income/(expenditure) as previously stated Adjustments:
Previous period net income/(expenditure) as restated
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Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless Offsetting required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets Legacies in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
Government grants The charity has received government grants in the reporting period Gift Aid receivable is included in income when there is a valid declaration from the Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that donations and gifts gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Contractual income and This is only included in the SoFA once the charity has provided the related goods or performance related services or met the performance related conditions. grants Donated goods are measured at fair value (the amount for which the asset could be Donated goods exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably.
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CC17 FRS 102 SORP
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Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.
The charity has incurred expenditure on support costs.
Support costs
The value of any voluntary help received is not included in the accounts but is Volunteer help described in the trustees’ annual report.
Income from interest, This is included in the accounts when receipt is probable and the amount receivable royalties and dividends can be measured reliably.
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations subscriptions and Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
Insurance claims are only included in the SoFA when the general income recognition Settlement of insurance criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of investments and Investment gains and any gain or loss resulting from revaluing investments to market value at the end of the losses year.
2.3 EXPENDITURE AND LIABILITIES
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of Liability recognition the obligation can be measured with reasonable certainty.
Governance and support Support costs have been allocated between governance costs and other support. costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of conditions service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to performance conditions realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.
Deferred income No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts
Creditors
A liability is measured on recognition at its historical cost and then subsequently Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per Basic financial paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 instruments to 11.19, FRS102 SORP.
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity
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They are valued at cost
CC17 FRS 102 SORP
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They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through Intangible fixed assets custody or legal rights. The amortisation rates and methods used are disclosed in note 15.
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and Heritage assets maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost progress or net realisable value.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the Debtors charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash Current asset and cash equivalents with a maturity date less than one year. These include cash on investments deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
| Yes* | No* | N/a* | |
|---|---|---|---|
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| Yes* | No* | N/a* |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
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| Yes* | No* | N/a* | |
| |
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE
CC17 FRS 102 SORP
09/02/2026
7
CC17 FRS 102 SORP 0910212026
Section C Notes to the accounts (cont)
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Note 3 Income
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Direct Friends Donations (gift aidable) 3,130.00 - 3,130 3,380
and legacies: Foreign Donations - -
Friends (not gift aidable) 11,725.00 11,725 1,525
CAF Donate Friends 15,522.61 15,523 11,210
CAF Donate Gift Aid 3,988.81 - 3,989 1,380
Accrued Gift Aid - - -
RF Donations 10,000.00 10,000 1,661
RF Donations (non gift aidable) 500.00 500 952
Gift Aid 3,251.72 3,252 850
Easy Donate 49.85 50 164
- -
Total 48,167.99 - - [ 48,168 ] 21,122
Charitable - - -
activities: Youth Consort Income - - - -
Come and Sing 1925 1,925 2,410
Come and Sing Oxford - 1,455
Youth Consort Income 2023 - 2,810
Youth Consort Income 2024 1,750 1,750 1,230
Youth Consort Income 2025 940 - - 940 -
- - -
Total 4,615.00 - - [ 4,615 ] 7,905
Other trading - - - - -
activities: - - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from - - -
investments: - - - -
- - - -
- - - -
Total - - - - -
Separate - - -
material item - - - -
of income - - - -
- - - - -
Total - - - - -
Other: Interest 150.36 - - 150 146.91
- - -
- - - - -
- - - - -
Other - - - - -
Total 150.36 - - [ 150 147 ]
TOTAL INCOME 52,933.35 - - 52,933 29,174
Other information:
All income in the prior year was unrestricted except for: (please
Where any endowment fund is converted into income in the
Within the income items above the following items are material:
Where sums originally denominated in foreign currency have
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CC17a (Excel)
09/02/2026
9
Section C Notes to the accounts (cont)
Note 6 Expenditure
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Restricted
Unrestricted income Endowment
Analysis of expenditure funds funds funds Total funds Prior year
£ £
Expenditure on - - -
raising funds: - - - -
- - -
- - - -
Total expenditure on raising funds - - - - -
Expenditure on - -
charitable Grants 43549.25 43,549 30,850
activities Direct Expenses 10248.17 10,248 2,023
- -
- -
- -
- -
- -
- -
- - - -
- -
- -
Total expenditure on charitable activities 53,797 - - [ 53,797 ] 32,873
Separate material Other - - - -
item of expense Increase Reserve - - -
Restrict Recording Fund - - -
- - - - -
Total - - - [ - ] -
Other Bank Charges 60 - - 60 72
General Expenses 259 - - 259 250
Friends event - - -
Miscellaneous - - - -
- - -
Total other expenditure 319 - - 319 322
TOTAL EXPENDITURE 54,117 - - 54,117 33,195
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Other information:
Analysis of expenditure on charitable activities
| Activity or programme |
Activities undertak £ |
Grant funding of activities Support Costs Total this year Total prior year £ £ £ £ - en directly |
|---|---|---|
| Total | ||
| Prior year expenditure on charitable activities can be | ||
| Within the expenditure items above the following items | ||
| Where sums originally denominated in foreign currency |
CC17a (Excel)
09/02/2026
10
Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
Trade debtors Prepayments and accrued income Other debtors
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This year Last year
£ £
Total - -
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Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.
19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)
| Total Trade debtors Prepayments and accrued income Other debtors |
This year Last year £ £ - - - - - - |
|---|---|
| - - |
CC17a (Excel)
09/02/2026
11
Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total |
This year Last year This year Last year £ £ £ £ - - - - - - - - - - - - - - - - - - - - - Amounts falling due within one year Amounts falling due after more than one year |
|---|---|
| - - - - |
20.2 Deferred income
Please complete this note if the charity has deferred income.
Please explain the reasons why income is deferred.
| Movement in deferred income account Balance at the start of the reporting period Amounts released to income from previous periods Balance at the end of the reporting period Amounts added in current period |
This year Last year £ £ - - - - - - |
|---|---|
| - - |
CC17a (Excel)
09/02/2026
12
Section C Notes to the accounts (cont)
| Other Short term deposits Cash at bank and on hand Total Note 24 Cash at bank and in hand Short term cash investments (less than 3 months maturity date) |
This year Last year £ £ - - - - 70,241 - - |
|---|---|
| - 70,241 |
CC17a (Excel)
09/02/2026
13
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name Stile Antico Foundation members of On accounts for the year 9 April 2025 Charity no 1156615 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 09 / 04 / 2024 .
Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect,:
-
the accounting records were not kept in accordance with section 130 of the 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.
- Please delete the words in the brackets if they do not apply.
Signed: A Taggart Date: 09/02/2026 ~~Ps |~~ Name: Mrs A Taggart ~~Cs~~ Relevant professional Institute of Chartered Accountants of Scotland (ICAS) qualification(s) or body (if any): Address: 4 Old Parsonage Mews Farningham DA4 0BS
1
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here details of any items that the examiner wishes to disclose .
2