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|
page 2
## **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
page 3
## **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.
page 4
## **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
page 5
## **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
page 6
## **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
page 7
**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
page 8
**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|
page 9
**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.
page 10
## **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|
page 11
## **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|
page 12