## Report of the Trustees & Financial Statements Year ended 31 August 2024 **Registered Charity Number: 1158146** ## CONTENTS |Report of the Trustees|Page
2| |---|---| |Certificate of the Independent Examiner|6| |Financial Statements & Notes|8| **----- Start of picture text -----**
Page 1
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www.chilternmusicacademy.org > “ z" a Registered charity number:1158146 Report of the Trustees Year Ended 31 August 2024 ## REPORT OF THE TRUSTEES |Year ended
31 August 2024|Year ended
31 August 2024| |---|---| |Charity Number
1158146|| |Address
The Royal Grammar School
Amersham Road
High Wycombe
Bucks. HP13 6QT|| |Trustees
Mrs Julia Bentley-Dawkes
Mr Andrew Connolly
Mr Amir Jafri
Mrs Alex King
Mr Sam Laughton
Mrs Hilary Nohavicka
Ms Joanna Smart
Ms Anne-Marie Southall
Mr Cai Waverley -Hudson (appointed 3 June 2025)
Mr Philip Wayne (resigned 14 September 2023)|| |Governing
Document
6thJuly 2014: Chiltern Music Academy (CMA) is a Charitable Incorporated
Organisation whose only voting members are its charity trustees.|| |Trustee
appointments
Original trustees were appointed by the parent body to serve for two, three or
four years. Subsequently they have been appointed by the existing trustees
with an expected term of office of three years. Trustees can be re-elected at
the end of their term.
The Chair is elected by the trustees.|| |Reserves
The Trustees aim to hold sufficient funds to cover one term’s outgoings. Funds
are still slightly higher than usual this year as a result of the COVID pandemic as
funds held for recovery or projects that needed to be put on hold have not yet
all been used. It is expected that these excess funds will be used over the next
couple of years.
Designated funds are held to cover one term’s outgoings.
Restricted funds include grants or donations for specified purposes – for
example grants for orchestral development, for community projects such as
Sing & String, and to encourage the uptake of rarer instruments.|| |Funds held as a
custodial trustee|There are no funds held as a custodial trustee.| , Page 2 z .will www.chilternmusicacademy.org - r ” P ry /sé Registered charity number:1158146 Report of the Trustees Year Ended 31 August 2024 |Investments
Investments are limited to funds held in the bank and the interest this can
accrue.|Investments
Investments are limited to funds held in the bank and the interest this can
accrue.| |---|---| |Principal funding
sources
Membership is our principal funding source, supported by donations and
successful grant applications in support of our activities.|| |Public benefit
The trustees of CMA confirm that we have complied with our duty to have due
regard to the guidance on public benefit in exercising our powers and duties as
published by the Charity Commission.|| |Day to day
management
Management of activities in 2023-24 was delegated to the Principal.|| |Other relevant
organisations
Metro Bank, High Wycombe
CAF Bank
Co-operative Bank
Virgin
Independent Examiner – Katharine Parkin|| |Organisational
structure
Trustees make decisions regarding any financial expenditure in excess of £1000.
Expenditure below this is delegated to the Principal and Business Manager.
The Principal delegates duties to ensemble leaders who work on a freelance
basis. Some leadership work, particularly in the development of new
opportunities and concert organisation, is delegated to ensemble leaders.
CMA is not affiliated under an umbrella group.
CMA has no subsidiaries. It collaborates with other charitable music
organisations such as Garsington Opera and Music for Youth.|| |Policies and
procedures
CMA has an Anti-Bribery and Corruption Policy, a Bursary Policy, a Child
Protection Policy, an Equality and Diversity Policy, a Health and Safety Policy
and a sustainability policy, all published on the website.
CMA trustees hold enhanced DBS certificates.
Multiple trustees are trained in Child Protection, Safer recruitment and
Prevent. The Child Protection Policy is circulated to all staff every September.
CMA receive regular safeguarding updates through various trustees.
There are no policies in place for the induction and training of trustees. Some
trustees are trustees or governors of other organisations and have received
training through them.|| |Risks|The Trustees review all major risks to which the charity is exposed. These are
reviewed in Trustee meetings, held at least termly, and systems and
procedures are in place to manage those risks| Page 3 fr www.chilternmusicacademy.org Registered charity number:1158146 > Report of the Trustees Year Ended 31 August 2024 |Objects of the
charity
To advance the musical education of children and young people, including but
not limited to the provision of orchestras, choirs and other ensembles so that
they can rehearse and perform to the public; and to advance, improve and
maintain public education in, and appreciation of, music through the
presentation of public concerts or in other ways as decided by the trustees.
The Trustees have paid due regard to the Charity Commission’s guidance when
considering CMA’s activities.|Objects of the
charity
To advance the musical education of children and young people, including but
not limited to the provision of orchestras, choirs and other ensembles so that
they can rehearse and perform to the public; and to advance, improve and
maintain public education in, and appreciation of, music through the
presentation of public concerts or in other ways as decided by the trustees.
The Trustees have paid due regard to the Charity Commission’s guidance when
considering CMA’s activities.| |---|---| |Objectives and
activities
CMA sets out to give all students, irrespective of their background, the
opportunity to play and perform with passion. Our objective is to ensure the
highest quality of music experience delivered in a positive and supportive
atmosphere.
CMA was set up to provide music ensemble, orchestral and choral
opportunities. All students have the chance to play their chosen instruments
with others and therefore extend their playing experiences and stretch their
abilities so that they can fulfil their potential. Instruments are loaned to
students where required, and at a subsidised rate to support families as
appropriate.|| |Specific
objectives for the
year ending
August 2024|Continue to rebuild the student numbers, including looking at expanding
provision to younger age groups and expanding offerings on a Tuesday.
Celebrate CMA’s 10 Year Anniversary
To look to enter national festivals where appropriate to provide excellent
musical opportunities.
Continue to increase musical opportunities for children of low income families.| Page 4 www.chilternmusicacademy.org Registered charity number:1158146 Report of the Trustees Year Ended 31 August 2024 |Review of
charitable
activities
undertaken and
achievements for
the year ending
August 2024
Throughout the year, CMA continued to provide weekly music-making activities
for more than 400 children and young people aged 3-19. This year saw the
charity recover fully from pandemic constraints and begin to broaden the
curriculum. A new class was introduced for children aged 3-4.
45 children started their instrumental journey on our Find Your Forte program,
designed to make starting an instrument accessible for children from poorer
backgrounds.
Symphony Orchestra gave a magnificent performance at the Music for Youth
Proms in the Royal Albert Hall in November, and Concert Band excelled in the
National Concert Band Festival, earning a Platinum award in both November
(Regional Festival) and May (National Festival). The Senior String quartet were
invited to perform to dignitaries at Chequers in March and 79 of our younger
students went on tour to the Isle of Wight in May.
Chiltern Music Academy celebrated ten years of music making in 2024, and the
usual concert schedule was reimagined to allow for anniversary events which
demonstrated how far CMA has come since launch in 2014. All members
performed at the Wycombe Swan in May including 280 young instrumentalists
who performed together in celebration of The Living Earth.
Fundraising successes underpinned fundamental outreach activities, enabling
the organisation to plan for growth. Outreach into schools was intensified with
the expansion of Sing and String - 180 year 2 and 3 children who may not
ordinarily have the chance learned violin for a term.
Schools were also invited to join CMA at the ‘Big Noise’ in October and a Film
Party for younger children ran alongside our Film Music Concert.|Review of
charitable
activities
undertaken and
achievements for
the year ending
August 2024
Throughout the year, CMA continued to provide weekly music-making activities
for more than 400 children and young people aged 3-19. This year saw the
charity recover fully from pandemic constraints and begin to broaden the
curriculum. A new class was introduced for children aged 3-4.
45 children started their instrumental journey on our Find Your Forte program,
designed to make starting an instrument accessible for children from poorer
backgrounds.
Symphony Orchestra gave a magnificent performance at the Music for Youth
Proms in the Royal Albert Hall in November, and Concert Band excelled in the
National Concert Band Festival, earning a Platinum award in both November
(Regional Festival) and May (National Festival). The Senior String quartet were
invited to perform to dignitaries at Chequers in March and 79 of our younger
students went on tour to the Isle of Wight in May.
Chiltern Music Academy celebrated ten years of music making in 2024, and the
usual concert schedule was reimagined to allow for anniversary events which
demonstrated how far CMA has come since launch in 2014. All members
performed at the Wycombe Swan in May including 280 young instrumentalists
who performed together in celebration of The Living Earth.
Fundraising successes underpinned fundamental outreach activities, enabling
the organisation to plan for growth. Outreach into schools was intensified with
the expansion of Sing and String - 180 year 2 and 3 children who may not
ordinarily have the chance learned violin for a term.
Schools were also invited to join CMA at the ‘Big Noise’ in October and a Film
Party for younger children ran alongside our Film Music Concert.| |---|---| |Financial Review
Membership continued to grow and generous donations have helped us to
continue offering our full program.
Whilst our costs have increased by expanding the hours that the administration
team are paid for to better reflect their work, this was planned and funds had
previously been set aside to cover these expected additional costs.
At the end of the year, 31 August 2024, the funds carried forward were
£251,751 of which £85,036 were general unrestricted and £70,000 are
designated for future costs and reserves, the remainder are restricted.|| |Volunteers|Parents, friends and relatives of CMA members raise money through the
operation of a social venue for other parents to have a coffee and a chat, they
raise money during concerts by selling tickets and providing interval snacks.
Volunteers also provide invaluable support for the musical activities and the
administration and leadership of CMA.
The Trustees are as ever, extremely grateful to all volunteers who help run
CMA.| www.chilternmusicacademy.org Registered charity number:1158146 Page 5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tho trustees Chiltem Music Academy On accounts for the year ended 3110812024 Charlty no (If any) 1158146 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for Ihe year ended 3110812024. Responslbllltles and basls of report As the charityls trustees. you are responsible for the p￿paratIOn of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5){b) of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examlnerfs ststement undertake the examination by being a qualified member of The Institute of Chartered Accountants of s￿)tland (ICAS). I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination (other than that disclosed below") which gNes 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 concernlng the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 olher 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 conc8ms and have come across no other matters in connection with the examinats'on to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Date: 13 I￿LS Name: Katharine Parkin Relevant profe351onal quallficatlon(s) or body (If any): Instrtute of Chartered Accountants of Scotland (ICAS) IER Oct 2018 Address: Ladymead Bassetsbury Lane, High Wycombe HP11 1QU Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directs'ons and guidance for examiners). Glvo here brlef detalls of any ltsms that tho examlner wlshes to dlsclose. IER Oct 2018 Financial Statements Year Ended 31 August 2024 ## FINANCIAL STATEMENTS & NOTES |Gy CHARITYCOMMISSION
FOR ENGLAND AND WALES||Period start date|**01/09/2023**
**To**
**Chiltern Music Academy**
Annual accounts for the period|**01/09/2023**
**To**
**Chiltern Music Academy**
Annual accounts for the period|**01/09/2023**
**To**
**Chiltern Music Academy**
Annual accounts for the period||**1158146**
**31/08/2024**|| |---|---|---|---|---|---|---|---|---| |**Section A Statement of financial activities**|**Section A Statement of financial activities**|**Section A Statement of financial activities**|||**Section A Statement of financial activities**|||| |**Recommended categories by**|||**Unrestricted**|**Unrestricted**
**Designated**|**Restricted**
**income**|**Restricted**||**Prior year**| |**activity**
**Incoming resources (Note 3)**|||**funds**
**£**|**Funds**
**£**|**funds**
**£**||**Total funds**
**£**|**funds**
**£**| |**Income and endowments from:**||||||||| |Donations and legacies|||157,196||70,882||228,078|152,004| |Charitable activities|||73,189|||-|73,189|105,242| |Other trading activities|||11,115|||-|11,115|6,401| |Investments|||1,446|||-|1,446|549| |Separate material item of income|||-|||-|-|-| |Other|||-|||-|-|-| |**_Total_**|||242,947||70,882||313,829|264,196| |**Resources expended (Note 6)**||||||||| |**Expenditure on:**||||||||| |Raising funds|||29,495|||-|29,495|11,587| |Charitable activities|||144,830|33,982|21,420||200,232|208,436| |Separate material item of expense|||-|||-|-|-| |Other|||-|||-|-|-| |**_Total_**|||174,325|33,982|21,420||229,727|220,023| |||||||||| |**Net income/(expenditure) before investment**||**Net income/(expenditure) before investment**||||||| |**gains/(losses)**|||68,622|(33,982)|49,462||84,102|44,172| |Net gains/(losses) on investments|||-|||-|-|-| |**Net income/(expenditure)**|||68,622|(33,982)|49,462||84,102|44,172| |**Extraordinary items**|||-|||-|-|-| |**Transfers between funds**|||(11,982)|11,982||-|-|-| |**Other recognised** **gains/(losses):**||||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use||Gains and losses on revaluation of fixed assets for the charity’s own use|-
Gains and losses on revaluation of fixed assets for the charity’s own use|||-|-|-| |Other gains/(losses)|||-|||-|-|-| |**_Net movement in funds_**|||56,640|(22,000)|49,462||84,102|44,172| |**_Reconciliation of funds:_**||||||||| |Total funds brought forward|||28,396|92,000|47,253||167,649|123,477| |**_Total funds carried forward_**|||85,036|70,000|96,714||251,751|167,649| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## ~~ee~~ **Section B Balance sheet** |||||**Restricted**||||| |---|---|---|---|---|---|---|---|---| ||**Unrestricted**|**Unrestricted**|**Designated**|**income**||**Total this**|**Total last**|| ||**funds**||**Funds**|**funds**||**year**|**year**|| ||**£**||**£**|**£**||**£**|**£**|| |**Fixed assets**||||||||| |**Intangible assets (Note 15)**|-|||-||-|-|| |**Tangible assets (Note 14)**|2,160|||-||2,160|-|| |**Heritage assets (Note 16)**|-|||-||-|-|| |**Investments (Note 17)**|-|||-||-|-|| |**_Total fixed assets_**|2,160|||-||2,160|-|| |**Current assets**||||||||| |**Stocks (Note 18)**|1,479|||-||1,479|-|| |**Debtors (Note 19)**|710|||-||710|100|| |**Investments (Note 17.4)**|-|||-||-|-|| |**Cash at bank and in hand (Note 24)**|107,094||70,000|96,713||273,807|174,644|| |**_Total current assets_**|109,283||70,000|96,713||275,996|174,744|| |**Creditors: amounts falling due within**
**one year (Note 20)**|26,406
-
| |
ot|||||26,406|7,096|| |**_Net current assets/(liabilities)_**|82,877||70,000|96,713||249,590|167,648|| |||||||||| |**_Total assets less current liabilities_**|85,037||70,000|96,713||251,750|167,648|| |**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**|-
-
-
-
-
-
-
-
85,037
70,000
96,713
251,750
167,648
|}
| |_|
~~a~~
ee
ee
ee|||||||| |**Endowment funds (Note 27)**|-|||||-|-|| |**Restricted income funds (Note 27)**||||96,713||96,713|47,252|| |**Designated Funds (Note 21)**|||70,000|||70,000|92,000|| |**Unrestricted funds**|85,037|||||85,037|28,396|| |**Revaluation reserve**||||||-|-|| |**_Total funds_**|85,037||70,000|96,713||251,750|167,648|| |||||||||| |Signed by one or two trustees on behalf of all
the trustees
Date of
approval
dd/mm/yyyy
23/06/2025
23/06/2025
Sam Laughton
Jo Smart
Print Name
Signature
~~ee~~
sien [|
a7 ae||||||||| |||||||www.chilternmusicacademy.org||| |||||||Registered charity number:1158146||| Signed by one or two trustees on behalf of all the trustees Financial Statements Year Ended 31 August 2024 ## **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: **----- Start of picture text -----**
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.*
**----- End of picture text -----**
* -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:**_ |An explanation as to those factors that support|**_The Trustees consider that the charity has sufficient_**
| |---|---| |the conclusion that the charity is a going|**_resources to continue its' activites for the forseeable future._**| |concern;|| |Disclosure of any uncertainties that make the|**_Not applicable_**| |going concern assumption doubtful;|| |Where accounts are not prepared on a going|**_Not applicable_**| |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 the accounting policies adopted are those outlined in notes 1 and 2. |Yes*
No*||* -Tick as appropriate| |---|---|---| ## _**Please disclose:**_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 **----- Start of picture text -----**
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not applicable
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 FRS 102 SORP. Not applicable
**----- End of picture text -----**
## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). |Yes*
||| |---|---|---| |No*|* -Tick as appropriate|| |**_Please disclose:_**||| |**_(i) the nature of any changes;_**||Not Applicable| |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**||Not Applicable| |**_(iii) where practicable, the effect of the change in one or_**||| |**_more future periods._**||| |||Not Applicable| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). **----- Start of picture text -----**
Yes* 
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error; Not Applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
Not Applicable
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
Not Applicable
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts** ## **Note 2 Accounting policies** _Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **Please provide a description of the nature of each change in accounting policy** ## _**Reconcilation 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** _**Reconcilation 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** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** **----- Start of picture text -----**
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
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; and Yes No N/a
 the monetary value can be measured with sufficient reliability. 
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102. 
Yes No N/a
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 Yes No N/a
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 Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the 
charity or have been met.
Yes No N/a
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 gift Yes No N/a
donations and gifts 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.
Yes No N/a
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
Yes No N/a
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
Yes No N/a
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
Yes No N/a
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'.
Yes No N/a
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. 
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable. 
Yes No N/a
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. 
Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA. 
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www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 |**2.4 ASSETS**
**Intangible fixed assets**
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
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**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
These are capitalised if they can be used for more than one year, and cost at least
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**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 intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
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.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
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
the obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
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.|Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

£750
Yes
No
N/a

Yes
No
N/a

Yes
No
N/a



| |---|---| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 **----- Start of picture text -----**
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, Yes No N/a
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation 
rates and methods used as disclosed in note 9.6.1.4.
Yes No N/a
They are valued at cost. 
Investments 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 Yes No N/a
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.
Yes No N/a
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 
Yes No N/a
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
progress realisable value. 
Yes No N/a
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. 
Yes No N/a
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 Yes No N/a
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently,

they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and Yes No N/a
Current asset cash equivalents with a maturity date less than one year. These include cash on deposit and
investments cash equivalents with a maturity date of less than one year held for investment purposes rather 
than to meet short term cash commitments as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. 
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Donated goods held for resale are recognised at the time of sale
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** **----- Start of picture text -----**
Restricted
Unrestricted income
funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 31,727 70,882 102,608 38,788
and legacies: Gift Aid 15,513 - 15,513 15,027
Legacies - - - -
General grants provided by government/other
charities - - -
Membership subscriptions and sponsorships
which are in substance donations 109,956 - 109,956 98,188
Donated goods, facilities and services - - - -
Other - - - -
Total 157,196 70,882 228,078 152,004
-
Charitable Concerts, Tours & Events
activities: 62,059 - 62,059 95,301
- - - -
- - - -
Other 11,131 - 11,131 9,941
Total 73,189 - 73,189 105,242
-
Other trading Tuck shop
activities: 9,334 - 9,334 6,401
Merchandise 1,781 - 1,781 -
- - - -
Other - - - -
Total 11,115 - 11,115 6,401
-
Income from Interest income 1,446 - 1,446 549
investments: Dividend income - - - -
Rental and leasing income - - - -
Other - - - -
Total 1,446 - 1,446 549
-
Separate - - - -
material item - - - -
of income: - - - -
- - - -
Total - - - -
Other: Conversion of endowment funds into income - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - -
Gain on disposal of a programme related
investment - - - -
Royalties from the exploitation of intellectual
property rights - - - -
Other - - - -
Total - - - -
-
TOTAL INCOME 242,947 70,882 313,829 264,196
Other information:
All income in the prior year was unrestricted except for: (please £27,267 in respect of the Find Your Forte programme, Sing &
provide description and amounts) String, Bursaries, Junior and orchestral activities
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are material:
(please disclose the nature, amount and any prior year
amounts)
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** |**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
**Total**
- -
**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
**Total**
- -
**Description**| |---|---|---| |||| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 5 Donated goods, facilities and services** |**Use of property**
**Other**
**Seconded staff**|Donated goods are recognised at point of sale
None

There are a number of unpaid volunteers assisting with
the tuck shop, ensembles and various administrative
processes|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-| |---|---|---| |||-
-| |||| |**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**||| |**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**||| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of expenditure** **----- Start of picture text -----**
Restricted
Unrestricted income
funds funds Total funds Prior year
Analysis £ £
Expenditure on Incurred seeking donations - - - -
raising funds: Incurred seeking legacies - - - -
Incurred seeking grants - -
Operating membership schemes and
social lotteries 23,263 23,263 8,456
Staging fundraising events - -
Fundraising agents - -
Operating charity shops - -
Operating a trading company
undertaking non-charitable trading - -
activity
Advertising, marketing, direct mail and publicity - - - -
Start up costs incurred in generating
new source of future income - - - -
Database development costs - - - -
Other trading activities 6,232 6,232 3,131
Investment management costs: - - - -
Portfolio management costs - - - -
Cost of obtaining investment advice - - - -
Investment administration costs - - - -
Intellectual property licencing costs - - - -
Rent collection, property repairs and
maintenance charges - - - -
- - - -
Total expenditure on raising funds 29,495 - - 29,495 11,587
Expenditure on Rental and Ensemble Leaders 61,326 19,165 80,491 71,183
charitable Concerts, Tours & Events 50,227 - 50,227 85,757
activities
Salaries 28,747 33,982 - 62,729 42,445
Other 4,530 2,255 6,785 9,051
Total expenditure on charitable
activities 144,830 33,982 21,420 200,232 208,436
Separate material - - - -
item of expense - - - -
- - - -
- - - -
Total - - - -
Other -
- - - -
- - - -
- - - -
- - - -
- - - -
Total other expenditure - - - -
TOTAL EXPENDITURE 174,325 33,982 21,420 229,727 220,023
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Other information:** ## **Analysis of expenditure on charitable activities** **----- Start of picture text -----**
Grant
Activity or Total this Total prior
Activities undertaken directly funding of
programme year year
activities
£ £ £ £
Activity 1
Activity 2
Other
Total
Prior year expenditure on charitable activities
can be analysed as follows:
Within the expenditure items above the
following items are material: (please disclose
the nature, amount and any prior year
amounts)
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary items**
**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -| |---|---| ||- -| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts** ## **Note 8 Funds received as agent** _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_ **----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
**----- End of picture text -----**
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_ |**Description/name**|**of**|**party**||**Balance**|**held at period end**|**held at period end**|**held at period end**|**held at period end**| |---|---|---|---|---|---|---|---|---| |||||**This year**|||**Last year**|| |||||**£**|||**£**|| ||||||-|||-| ||||||-|||-| ||||||-|||-| ||||||-|||-| ||||||-|||-| ||||**Total**||-|||-| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts** ## **Note 9 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ **----- Start of picture text -----**
Charitable Basis of
Raising funds Activities Activity 2 Activity 3 Grand total allocation
Support cost (Describe
(examples) £ £ £ £ £ method)
Support Staff Costs 20,961 65,079 - 86,040 Time spent
20,961 65,079 - 86,040
Total
**----- End of picture text -----**
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
None
None
None
None
None
None
None
None| |---|---| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** |**11.1 Staff Costs**||||||||| |---|---|---|---|---|---|---|---|---| |||**This year**|||**Last year**|||| |||**£**||||**£**||| |**Salaries and wages**|||40,058||||27,621|| |**Social security costs**||||-||||-| |**Pension costs (defined contribution scheme)**||||2,020||||949| |**Other employee benefits**||||-||||-| ||**Total staff costs**||42,078||||28,571|| |||||||||| |**Please provide details of expenditure on staff working for the**|||Not Applicable|||||| |**charity whose contracts are with and are paid by a related party**||||||||| _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ |**_please enter 'true' in the box provided._**|**_please enter 'true' in the box provided._**||| |---|---|---|---| |**No employees received employee benefits (excluding employer**|||| |**pension costs) for the reporting period of more than £60,000**|||TRUE| ||||| |**Band**||**Number of employees**|| |**£60,000 to £69,999**|||| |**£70,000 to £79,999**|||| |**£80,000 to £89,999**|||| |**£90,000 to £99,999**|||| |**£100,000 to £109,999**|||| ||||| ||||| ||||| |**11.2 Average head count in the year**
**Please provide the total amount paid to**
**key management personnel (includes**
**trustees and senior management) for**
**their services to the charity**
**The parts of the charity in which the**
**employees work**|**This year**
**Last year**
**Number**
**Number**
**Fundraising**
- -
**Charitable Activities**
1 -
**Governance**
- -
**Other**
- -
**Total**1 -|**This year**
**Last year**
**Number**
**Number**
- -
1 -
- -
- -| |---|---|---| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **11.3 Ex-gratia payments to employees and others (excluding trustees)** ## _**Please complete if an ex-gratia payment is made.**_ **Please explain the nature of the** None **t Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)** ## **11.4 Redundancy payments** ## _**Please complete if any redundancy or termination payment is made in the period.**_ **Total amount of payment The nature of the payment (cash, asset etc.) The extent of redundancy funding at the balance sheet date Please state the accounting policy for any redundancy or termination payments** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ **Amount of contributions recognised in 2,020 the SOFA as an expense Please explain the basis for allocating All from charitable activites designated funds the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.** _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ **Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity** ## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **13.1 Analysis of grants paid (included in cost of charitable activities)** **----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
Activity or project 1 £ £
Activity or project 2 - -
Activity or project 3 - -
Activity or project 4 - [ - ]
Total - - - -
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Grants made to institutions** |**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**
**Purpose**
**Names of institution**
**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-| |---|---| ||**-**| ||-
-| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **14.1 Cost or valuation** **----- Start of picture text -----**
Freehold land Other land & Plant, Fixtures, Total
& buildings buildings machinery fittings and
and motor equipment
vehicles
£ £ £ £ £
At the beginning of - - - 32,349 32,349
the year
Additions - - - 2,880 2,880
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 35,229 35,229
14.2 Depreciation and impairments
**Basis SL SL SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate 25%
At beginning of the - - - 32,349 32,349
year
Disposals - - - - -
Depreciation - - - 720 720
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 33,069 33,069
14.3 Net book value
Net book value at the
beginning of the year - - - - -
Net book value at the
- - - 2,160 2,160
end of the year
**----- End of picture text -----**
## **14.4 Impairment** ## **Not applicable** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **14.5 Revaluation** ## _**If an accounting policy of revaluation is adopted, please provide:**_ |**14.6 Other disclosures**
**_(ii) Please provide the amount of contractual_**
**_commitments for the acquisition of tangible_**
**_fixed assets._**
**_(iii) Details of the existence and carrying_**
**_amounts of property, plant and equipment to_**
**_which the charity has restricted title or that are_**
**_pledged as security for liabilities._**
**_the name of independent valuer, if applicable_**
**_the carrying amount that would have been_**
**_recognised had the assets been carried under_**
**_the cost model._**
**_(i) Please state the amount of borrowing costs,_**
**_if any, capitalised in the construction of tangible_**
**_fixed assets and the capitalisation rate used._**
**_the methods applied and significant_**
**_assumptions_**
**_the effective date of the revaluation_**|**None**
**Not applicable**
**None**
**None**| |---|---| _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts** ## **Note 15 Intangible assets** ## _**Please complete this note if the charity has any intangible assets**_ ## **15.1 Cost or valuation** ||||**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**|| |---|---|---|---|---|---|---|---|---| |At beginning of|the|||-|-|-|-|| |year||||||||| |Additions||||-|-|-|-|| |Disposals||||-|-|-|-|| |Revaluations||||-|-|-|-|| |Transfers *||||-|-|-|-|| |At end of the year||||-|-|-|-|| |**15.2 Amortisation and**|||**impairments**|||||| |****Basis**|||SL or RB||SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")| ||**** Rate**|||||||| |||||||||| |At beginning of|the|||-|-|-|-|| |year||||||||| |Disposals||||-|-|-|-|| |Amortisation||||-|-|-|-|| |Impairment||||-|-|-|-|| |Transfers*||||-|-|-|-|| |At end of year||||-|-|-|-|| |**15.3 Net book**|**value**|||||||| |Nat book value|at the|||-|-|-|-|| |beginning of the year||||||||| |Net book value|at the|||-|-|-|-|| |end of the year||||||||| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **15.4 Accounting policy** _**Please disclose the accounting policy for intangible fixed assets including:**_ _**Reasons for choosing amortisation rates Policies for the recognition of any capital development**_ ## **15.5 Impairment** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **15.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model.**_ **15.7 Other disclosures** _**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_ _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual d d i_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** **Note 16 Heritage assets** _**Please complete this note if the charity has heritage assets**_ ## **16.1 General disclosures for all charities holding heritage assets** |**(i) Explain the nature and scale of**
**heritage assets held.**
**(ii) Explain the policy for the**
**acquisition, preservation,**
**management and disposal of heritage**
**assets.**
At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
Nat book value at the beginning of the
year
Net book value at the end of the year
**16.5 Impairment**
**_Please provide a description of the ev_**
**_led to the recognition or reversal of an_**
**16.3 Depreciation and impairments**
**16.4 Net book value**
**16.2 Cost or valuation**|
**Heritage asset**
**1**
**Heritage asset**
**2**
**£**
**£**
- -
- -
- -
- -
- -|
**Heritage asset**
**3**
**Heritage asset**
**4**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -
- - -
Straight Line
("SL") or
Reducing
Balance
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -| |---|---|---| ||- -|| ||
- -
- -
- -
- -
- -|| ||- -|| |||| ||- -
- -|| ||**_ents and circumstances that_**
**_impairment loss._**|| **16.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer the methods applied and significant assumptions any significant limitations on the valuation**_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation** |Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -| |---|---| ||- - -| ## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)** **(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets.** **(iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.** ## **16.9 Five year summary of heritage assets transactions** ||**2015**
**2014**
**2013**
**2012**
**2011**
**£**
**£**
**£**
**£**
**£**| |---|---| |**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|- - - - -
- - - - -
-
-
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 17 Investment assets** _**Please complete this note if the charity has any investment assets.**_ ## **17.1 Fixed assets investments (please provide for each class of investment)** |Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -| |---|---| ||- - - - - -| ***Please specify additions resulting from acquisitions through business combinations, if any.** _**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_ ## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.** |**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Other investments**
**Total**
**Social investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Listed investments**|-
-
-
-
-
-
**Cost less impairment**
- -
**Fair value at year end**
**£**
-
**£**
-| |---|---| ||-
-| ## **17.3 If your charity holds investment properties, please complete the following note:** **(i) Explain the methods and significant** Not applicable **assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable,** Not applicable **and relevant qualifications (iii) Provide details of any restrictions on the** Not applicable **ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the** Not applicable **purchase, construction or development of investment property or for repairs, maintenance or enhancements** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** |**Analysis of current asset**
**investments**
**Cash or cash equivalents**
**Investment properties**
-
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**_Description_**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
None
Not applicable
**_Total_**
**17.7 Additional information**
**Please provide information about the significance**
**of investments to the charity's financial position**
**or performance eg. terms and conditions of loans**
**or the use of hedging to manage financial risk.**
**Amounts receivable after more than 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Where a charity has provided financial assets as**
**a form of security, the carrying amount of the**
**financial asset pledged as security and the terms**
**and conditions relating to its pledge.**
-
None
None
**Las**
**_Description_**
**Terms and conditions eg interest rate, security**
**provided**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**
**Amounts payable within 1 year**
None
**£**
-
**This year**


**Social investments**


**17.5 Guarantees**
None
None
Not applicable
Not applicable
**Listed investments**
-
-
**Please provide details and amount of any**
**guarantee made to or on behalf of a third party**
**Name of the entity or entities benefitting from**
**those guarantees**
**Please explain how the guarantee furthers the**
**charity's aims**
**17.6 Concessionary loans**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**Other investments**
**Total**
-


**_Total_**|-
**Las**
**£**
-
**This year**



-
-
-

|**This year £**
**Last year £**
**This year £**
**Last year £**
**t year**
**£**
-
-
-
-
-
-| |---|---|---| ||-
|| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 18 Stocks** ## _**Please complete this note if the charity holds any stock items**_ **18.1 Please state the carrying amount of stock and work in progress analysed between activities.** |**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
-
-
-
-
-
**_Added in period_**
-
-
-
-
-
**_Expensed in period_**
-
-
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**-**
**-**
**-**
**-**
**Other trading activities:**
**_Opening_**
-
-
-
-
-
**_Added in period_**
-
7,711
-
-
-
**_Expensed in period_**
-
6,232
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**1,479**
**-**
**-**
**-**
**Other:**
**_Opening_**
-
-
-
-
-
**_Added in period_**
-
-
-
-
-
**_Expensed in period_**
-
-
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**-**
**-**
**-**
**-**
**Total this year**
-
1,479
-
-
-
**_Total previous year_**
-
**-**
-
-
-
**Work in**
**progress**
None
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-
7,711
-
-
-
-
6,232
-
-
-
-
-
-
-
-
**-**
**1,479**
**-**
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
**Work in**
**progress**
**Stock**
**Donated goods**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-
7,711
-
-
-
-
6,232
-
-
-
-
-
-
-
-
**-**
**1,479**
**-**
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
**Work in**
**progress**
**Stock**
**Donated goods**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
-
-
-
-
-
-
7,711
-
-
-
-
6,232
-
-
-
-
-
-
-
-
**-**
**1,479**
**-**
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
**-**
**Work in**
**progress**
**Stock**
**Donated goods**| |---|---|---|---| ||-|1,479
-
-
-|| |||**-**
None|-
-
-| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** _**Please complete this note if the charity has any debtors or prepayments.**_ |**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 19 Debtors and prepayments**|| |---|---| |**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
710
100.0
-
-
-| ||710
100| _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -| |---|---| ||- -| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **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** |**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**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
94
4,537
-
-
-
-
-
-
26,312
2,559
-
-
-
-
-
-
-
-
-
-
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**| ||26,406
7,096
-
-| ## **20.2 Deferred income** ## _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Please explain the reasons why income is deferred._**|**_Please explain the reasons why income is deferred._**|**_Please explain the reasons why income is deferred._**| |---|---|---| |The deferred income is in respect of monies received ofr Czechia Tour in 2025 and fees paid in advance of the||| |year end for the Autumn 2024 term||| |||| |**_Movement in deferred income account_**|**This year**|**Last year**| ||**£**|**£**| |**Balance at the start of the reporting period**|2,559|10,331| |**Amounts added in current period**|26,312|2,559| |**Amounts released to income from previous periods**|(2,559)|(10,331)| |**Balance at the end of the reporting period**|26,312|2,559| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 21 Provisions for liabilities and charges** _**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_ ## **21.1 Please provide:** **- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;** - **an indication of the uncertainties about the amount or timing of those outflows; and** **- the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.** ## **21.2 Movements in recognised provisions and funding commitment during the period** |**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**|**This year**
**Last year**
**£**
**£**
92,000
60,350
11,982
60,221
(33,982)
(28,571)
- -| |---|---| ||70,000
92,000| **21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).** **21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.** The designated funds are held in respect of the Trustees reserve policy of holding 1 terms necessary outgoings as reserves. Additionally the Trustees recognised that 2023-24 would see a significant increase due to expected increase in staff costs and costs of 10 year celebrations www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments** **22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 23 Contingent liabilities and contingent assets** ## **23.1 Contingent liabilities** **Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.** **Description of item including its legal nature. Please Estimate of financial effect describe any security provided in connection to the liability.** ## **23.2 Contingent assets** **Where the charity has contingent assets, please complete the following section when their existence is probable** **Description of item Estimate of financial effect** **23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:** **Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement** **Where it is not practical to make one or more of these disclosures, please state this fact** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 24 Cash at bank and in hand** |**Note 24 Cash at bank and in hand**|| |---|---| |**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**Last year**
**£**
**£**
-
-
-
-
273,807
174,644
-
-| ||273,807
174,644| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 25 Fair value of assets and liabilities** **25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.** There is not considered to be any material credit risk arising from non payment by debtors. Currently cash at bank is at a level that is mainly covered by the Financial Services Deposit protection scheme, Cash is maintained at a sufficient level to ensure that any liquidity risk is minimised. **25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.** None www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 26 Events after the end of the reporting period** _**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_ **Please provide details of the nature of the event** **Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
To fund outreach programmes and events 5,368 13,126 (5,986) 12,508
Outreach R such as Sing & String and the Big noise
To support specific programmes for
Programme Support R example orchestral, FYF 37,029 55,770 (13,179) 79,620
Instrument Funds R Funds towards purchase of instruments 2,180 1,250 (900) 2,530
Bursaries (including Trevor Steventon 2,676 736 (1,355) - - 2,056
Bursaries R Memorial Fund)
Designated UR 92,000 (33,982) 11,982 70,000
General UR 28,396 242,947 (174,325) (11,982) 85,036
Other funds N/a - -
Total Funds 167,649 313,829 (229,727) - - 251,751
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
To fund outreach programmes and events
Outreach R such as Sing & String and the Big noise 10,028 1,705 (6,366) - - 5,368
To support specific programmes for
Programme Support R example orchestral, FYF 32,486 21,000 (16,457) - - 37,029
Instrument Funds R Funds towards purchase of instruments 1,180 1,000 - - - 2,180
Bursaries (including Trevor Steventon
Bursaries R Memorial Fund) - 3,562 - 886 - - 2,676
Designated UR 0 60,350 - (28,571) 60,221 - 92,000
General UR 0 19,432 236,929 (167,744) - 60,221 - 28,396
Other funds N/a 0 - - - - - -
Total Funds 123,477 264,196 (220,023) - - 167,649
**----- End of picture text -----**
www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.3 Transfers between funds** **----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds** |**Planned**|**use**|||||**Purpose of the designation**|**Amount**| |---|---|---|---|---|---|---|---| |Contingency||Reserves|held|in|line|with Trustees policy for contingency|**£70,000**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **FALSE** _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ **----- Start of picture text -----**
Amounts paid or benefit value
This year Last year
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name of trustee order, governing contribution (including
document) loss of
office)/ex
gratia
£ £ £ £
Alex King
**----- End of picture text -----**
_**Please give details of why remuneration or other employment benefits were paid.**_ _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**Accommodation**
**Other (please specify):**
**Travel**
**£**
**This year**
**TOTAL**
**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**Subsistence**|**Last year**
**_TRUE_**
**£**| |---|---| **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 ## **28.3 Transaction(s) with related parties** ## _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ **----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) FALSE
Amounts
written off
Name of the trustee Relationship Description of the Balance at Provision for bad debts
Amount during
or related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
Leading groups and
Wife of a
Kate Cockburn running CMA Sing & 1,876
Trustee
String programme
Leading groups and
Alex King Trustee 17,620
development manager
**----- End of picture text -----**
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ _**For any related party, please provide details of any guarantees given or received.**_ www.chilternmusicacademy.org Registered charity number:1158146 Financial Statements Year Ended 31 August 2024 **Section C Notes to the accounts (cont)** **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** www.chilternmusicacademy.org Registered charity number:1158146