Registered number: CE001600 Charity number: 1158199
Regis School of Music
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
Prepared By:
Accounting Figures Limited 31 Chawkmare Coppice Bognor Regis W Sussex
Regis School of Music
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEES
A Levtov Mrs N Levtov J Bobak Mrs S Bobak A Levtov died in October 2025 and Mrs S Bobak resigned in 2026. Mrs I Erskine and Y Levtov were appointed Trustees in their
place.
REGISTERED OFFICE
46 Sudley Road, Bognor Regis, West Sussex PO21 1ER
COMPANY NUMBER
CE001600
CHARITY NUMBER
1158199
ACCOUNTANTS
Accounting Figures Limited 31 Chawkmare Coppice Bognor Regis W Sussex
page 1
Regis School of Music
ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Statement | 4 |
| Accountant's Report | - |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 to 12 |
| Detailed Statement of Financial Activities | 11 |
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Regis School of Music
FOR THE YEAR ENDED 31 AUGUST 2025 TRUSTEES' REPORT
The Trustees, who are also directors iof the charity for the purposes of the Companies Act 2006, present their Report with the financial statements of the charity for the year ended 31st August 2025.
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was the provision of a school of music to maintain facitlties for instrument tuition and examinations for young persons and adults.
Also the provision of premises to offer a programme of recitals for the local community and to support artistic activities.
STRUCTURE GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
TRUSTEES
The Trustees of the charity during the year were as follows:
A Levtov
J Bobak
Mrs S Bobak
Mrs N. Levtov
Since the year end date A Levtov sadly passed away and Mrs S Bobak retired. Mrs Inna Erskine and Yuli Levtov have been appointed as new trustees.
This report was approved by the Board of Trustees on 27 June 2026
J Bobak Trustee
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Regis School of Music
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF REGIS SCHOOL OF MUSIC
I report on the accounts of the company for the year ended 31 August 2025 .
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
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Regis School of Music
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
M J Pressdee FCA
Date: 27 June 2026
Accounting Figures Limited 31 Chawkmare Coppice Bognor Regis W Sussex
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Regis School of Music
Statement of Financial Activities for the year ended 31 August 2025
| Statement of Financial Activities for the year ended 31 August 2025 |
||||
|---|---|---|---|---|
| Income Income from generated funds Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Raised funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Excess of Expenditure Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestric ted funds £ 17,513 17,513 2,123 18,570 20,693 (3,180) (3,180) 39,687 36,507 |
Restricte d funds £ - - - - - - - - - |
2025 Total £ 17,513 17,513 2,123 18,633 20,756 (3,243) (3,243) 39,687 36,444 |
2024 Total £ 34,470 |
| 34,470 | ||||
| 7,175 19,857 |
||||
| 27,032 | ||||
| 7,438 | ||||
| 7,438 32,250 |
||||
| 39,688 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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Regis School of Music
BALANCE SHEET AT 31 AUGUST 2025
| BALANCE SHEET AT 31 AUGUST 2025 | ||||
|---|---|---|---|---|
| Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Debtors (amounts falling due within one year) 3 Cash at bank and in hand CREDITORS: Amounts falling due within one year 4 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 6 General fund Difference on accounts |
439 21,942 22,381 10,277 |
2025 £ 24,340 12,104 36,444 36,507 36,507 (63) |
415 21,499 21,914 9,760 |
2024 £ 27,534 12,154 |
| 39,688 | ||||
| 39,688 | ||||
| 39,688 | ||||
| - |
For the year ending 31 August 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 27 June 2026
Mrs N Levtov 27th June 2026
Trustee
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Regis School of Music
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Freehold property None provided
Fixtures and fittings 10% on cost
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Regis School of Music
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
| Cost At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 For the year At 31 August 2025 Net Book Amounts At 31 August 2025 At 31 August 2024 3. DEBTORS Amounts falling due within one year: Other debtors |
Land And Buildings £ 18,385 - 18,385 - - - 18,385 18,385 |
Fixtures and Fittings £ 36,441 500 36,941 27,292 3,694 30,986 5,955 9,149 2025 £ 439 439 |
Total £ 54,826 500 |
|---|---|---|---|
| 55,326 | |||
| 27,292 3,694 |
|||
| 30,986 | |||
| 24,340 | |||
| 27,534 | |||
| 2024 £ 415 |
|||
| 415 |
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trustees Loans Other creditors |
2025 £ 9,093 1,184 10,277 |
2024 £ 8,776 984 |
|---|---|---|
| 9,760 |
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Regis School of Music
5. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up.
6. UNRESTRICTED FUNDS
| General fund | Brought forward £ 39,687 |
Incoming resource s £ 17,514 |
Outgoing resource s Transfers £ £ (20,694) - (20,694) - |
Outgoing resource s Transfers £ £ (20,694) - (20,694) - |
Carried forward £ 36,507 |
|---|---|---|---|---|---|
| 39,687 | 17,514 | - | 36,507 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remeneration or benefits paid for the year ended 31st August 2025 other than payments totalling £589 made to Mrs. N Levtov as a self employed music teacher.
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Regis School of Music
Incoming Resources
for the year ended 31 August 2025
| Incoming Resources for the year ended 31 August 2025 |
||||
|---|---|---|---|---|
| Incoming resources Incoming resources from generated funds Charitable Activity Hire of Hall Grants and donations Sundry income Concert income Bursary income |
12,461 1,895 620 1,948 589 |
2025 £ 17,513 17,513 17,513 |
12,541 15,040 2,745 1,864 2,280 |
2024 £ 34,470 |
| 34,470 | ||||
| 34,470 |
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Regis School of Music
Expenses
for the year ended 31 August 2025
| Expenses Costs of generating funds Costs Of Generating Voluntary Income Performers fees Refreshments Teachers fees Summer festival Exam fees Charitable Activities Rates Insurance Heat and light Cleaning Repairs and renewals Motor - repairs and servicing Accountancy fees Postage and stationery Music sheets and computer sundries Telephone Sundry expenses Depreciation of fixtures and fittings Governance Costs Accountancy fees |
2025 £ 2,500 448 715 (1,870) 330 2,123 2,123 805 1,855 2,537 137 3,820 615 300 1,141 1,503 1,025 401 3,694 17,833 800 800 20,756 |
2024 £ 3,100 654 2,296 1,125 - |
|---|---|---|
| 7,175 | ||
| 7,175 | ||
| 640 1,800 2,529 326 5,498 1,167 303 1,211 623 950 606 3,644 |
||
| 19,297 | ||
| 560 | ||
| 560 | ||
| 27,032 |
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