2022-08-31-accounts - Instruments Of Time And Truth

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Section C: Notes to the accounts Trustees’ annual report for the period

Period start date 0 1 0 9 2 1 Period end date 3 1 0 8 2 2

Charity No Charity name Instruments of Time and Truth (if any) 1 1 5 9 3 7 1

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Instruments of Time and Truth exists to advance the education of the general public in the subject of baroque music.
Summary of the main activities in relation to those purposes for the public beneft, in particular, the activities, projects or services identifed in the accounts.	Para 1.17 and 1.19	Performing baroque and classical music. Teaching people about early music performance practice
Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic beneft	Para 1.18	Yes

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38
Contribution made by volunteers	Para 1.38
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole.	Para 1.20	See note below

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

Summary of main achievements of the charity in this period:

The period covered by our 2021/22 financial year (September 2021 - August 2022) saw a significant easing of the UK’s COVID restrictions, and consequently a normalisation of live performance activities for the arts sector. A number of projects that had been postponed during the period of significant restrictions were rescheduled by our collaborators to this financial year, and as such the organisation was busier than might have been expected otherwise.

The season began at the end of September with two performances as part of Martin Randall Travel’s Divine Office Festival , postponed from autumn 2020. IT&T joined the choir of the Queen’s College, Oxford, for a performance of Monteverdi’s Vespers of 1610, and the choir of Merton College, Oxford, for Mozart’s Vespers.

At the start of October, IT&T joined the choir of Keble College, Oxford, to record “Resurrexi! Easter in Vienna with Mozart and the Haydn Brothers”. This was the orchestra’s third recording in collaboration with Keble College choir, and was released under the CRD label in April 2022 to critical acclaim.

IT&T’s first “self-promoted” project of the season took place in mid-October. At the invitation of King’s Place as part of their “London Unwrapped” season, the ensemble mounted a programme entitled “100 Years of Coronations 1661-1761”, featuring music from the coronations of Charles II-George III for choir and orchestra. The programme was also performed at the Sheldonian Theatre. This project was generously subsidised by John Osborn.

In November, IT&T joined the choir of Magdalen College, Oxford, for evensong, in the first of several liturgical offerings over the course of the year; IT&T also performed in services at Magdalen in May and July 2022.

IT&T was invited to perform a selection of celebratory baroque repertoire for wind and brass at the installation of the new president of the Royal College of Surgeons in London in December 2021.

The spread of the Omicron variant led to some difficulties and rescheduling in December. A planned concert with New College School on 12th December had to be cancelled; a performance of J.S. Bach’s Christmas Oratorio with the choir of New College, Oxford, had to be moved to a larger venue; extensive testing of ensemble members was required in advance of a tour to Spain, which both inflated costs and led to several members having to withdraw from the project; and advance ticket sales for our self-promoted Messiah were impacted. Nevertheless, large-scale cancellations and disruption on the scale of 2020 were broadly avoided.

2022 began with a self-promoted artistic and education project, “Divine Music”. This was the organisation’s first project aimed specifically at student singers, offering the opportunity for a consort group to rehearse and perform alongside IT&T in a programme of late-17th Century English repertoire in

the Holywell Music Room. Uptake from students in the application process was very strong, and this and enthusiastic feedback from participants after the event has led us to plan other similar events in the future.

The Easter Term is often a busy time for the orchestra, and this year was no exception: the ensemble collaborated on projects with Summertown Choral Society (January), Keble College Choir (February), Somerville College Choir (March) and New College Choir (March). A particular highlight was a large-scale concert in the Sheldonian Theatre as a joint collaboration between Christ Church, Magdalen, and New College Choirs, featuring Handel’s Coronation Anthems and a concerto for three Harpsichords by J.S. Bach.

In April, IT&T joined Schola Cantorum of Oxford and many of its alumni in the Oxford Town Hall for a 60th Anniversary Concert, rescheduled from May 2020. May saw the orchestra perform two innovative concerts of lesser-known repertoire: “Music for Restored Times”, a collaboration with the choir of Queen’s College Oxford and the Faculty of Music as part of a conference about the life and work of Captain Henry Cooke; and “A Tale of Two Cities”, which paired Handel’s popular Dixit Dominus with André Campra’s Requiem . In June we were pleased to work with a local choir with whom we had not previously collaborated: Wokingham Choral Society, in a performance of Bach’s B Minor Mass in Reading Town Hall.

IT&T was excited to be invited to collaborate with NYU and TORCH on a project at Waddesdon Manor in June entitled “Ballet des Porcelaines”. This was a re-imagining of a French Ballet from the early 18th Century by New York Ballet choreographer Phil Chan as a commentary on Baroque orientalism and material culture, performed by several groups across the US and Europe throughout 2022. IT&T took part in 4 performances at the manor house, including one for local schoolchildren.

Following the success of the 2021 series, IT&T returned to Christ Church Cathedral, Oxford, in July and August 2022 for another series of 6 chamber concerts supported by Continuo Foundation and John Osborn. We were particularly pleased to be able to offer nearly 400 free tickets throughout the course of the series to under-26s thanks to the support of the CAVATINA Chamber Music Trust.

Throughout the year, the organisation’s “InSpires” education programme for local school students was able to offer a range of opportunities including a Natural Trumpet surgery, a baroque strings workshop as part of the Keble Early Music Festival, and coaching of the county music service’s “Oxybaroxy” string group and flute choir.

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Financial Review

	SORP reference
Review of the charity’s fnancial position at the end of the period	Para 1.21	£83,625
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity holds reserves amounting to 8 weeks’ turnover. This has been calculated according to the last financial year unaffected by COVID, 2018/19.
Amount of reserves held	Para 1.22	£36,000
Reasons for holding zero reserves	Para 1.22
Details of fund materially in defcit	Para 1.24
Explanation of any uncertainties about the charity continuing as a goingconcern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Structure, Governance and Management

Description of charity’s trusts:	SORP reference
Type of governing document (trust deed,royal charter)	Para 1.25	CIO Foundation
How is the charity constituted? (e.gunincorporated association,CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	By means of a resolution passed at a properly convened meeting of the Charity Trustees. In nominating a Trustee, the Trustees shall have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charityworks	Para 1.51
Relationship with any related parties	Para 1.51
Other

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Reference and Administrative details

Charity name	Instruments of Time and Truth
Other name the charity uses
Registered charity number	1159371
Charity’s principal address	72, Abbey Road Oxford OX2 0AG

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
GeoffreyThomas	Chair (until March 2022)	until April 2022
Sir Jonathan Phillips	Chair (from March 2022)	from March 2022
Rachel Byrt
Anthony Efstathios Kedros
Dr Brittany Wellner James
Professor John Muellbauer
Professor Louise Gullifer QC
Dr Janine Aron
Jitka Fort
Dr Jessica Osborne		Until November 2021
Nigel Doggett		from March 2022

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Reference and Administrative details (cont)

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year

Charity Accounts templates – Trustees’ annual report for the period

October 2016

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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Charity Accounts templates – Trustees’ annual report for the period

October 2016

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examine¥'s Report R•port to th• tru8t••s lwsyfluA7s GF TLu7rf On a¢counts lor th• yèar •nd•d Charlty no (If any) IISq371 Set out on paps I report to the trustees on my examlnatlon of the nts of the above Rosponslbllltl•• and bas18 of report As the thariws trustees. you ar8 r8Spc81ble for th8 preparation of th8 accounts in acccrdance with the requirements of the Charities Act 2011 (Ihe Acr). I rewi In resped of my axamlnatlon of th8 Trusfs 8cc<wnts carrled out under 8e(lon 145 of the 2011 Ad and In caryiro out my examinatlon, I have fdlowad all the appllcable Dlrections glven by the Charfty Commlsslon under section 145(5)(b) of the Ad. Indep•nd•nt •xamln•rf• •latsm•Trt u mqua I ha (x¥np19tsd my 8xamination. l tt)nfimi that no material matters have como to my attentlon In oJnnth the examination (other than that disclosed below.) thlch mo cau80 to bellevo that In. any material th8 accountro records were ncl kept In aco)rdance wlth 8ectlon 130 of the Charities Act; or the acUnts dmj not a(xord the accounting records; or the accounts dhy not comply Wlth the appllcable requirements concemKKJ the f(Km and content of accwnts set out in the Chariti68 (Accounts and Rep) Regulati(5 2008 other than any requirement that the accounts gr a Irue and fairf which is not a matter ¢on8klwed as part of an Indeperthnt examination. I have no concerns and have come ao$S no other matter3 in connection ith the ex8minatk)n to attenllon should be drawn in thts report in order to trfe a proper understandlng of the a¢Unts to be reached. n th8 brnckets ifth8y do not awy. Slgned: ioz Nam•: LAnJ IU4fy Relevant profasslonal qu•llfleallon(•} or body IER 0rt2018

(If ary): AJOILT STn&4 Fo,IlJ eclioii B D4%closiire Only complete rf the examiner needs to highlight material matters of ncern {see CC32, IrKlependent examination of charlty accounts: dlredk)ns and guidance for 8xamin8rs). Glv• h•rn brl•f d•lall* of any It•m8 that thè •xamlner wlshes to dl8cIoso. IER Oct 2018

Instruments of Time and Truth	Instruments of Time and Truth	Instruments of Time and Truth	Charity No (if any)	1159371
Annual accounts for theperiod
Period start date	01/09/2021	To	Period end date	31/08/2022

Section A Statement of financial activities

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
62,532	16,267	-	78,799	30,220
155,966	-	-	155,966	19,792
		-	-	-
4			4	2
		-	-	-
-		-	-	-
218,501	16,267	-	234,768	50,014

5,004		-	5,004	850
180,936	28,789	-	209,725	60,463
	-	-	-	-
2,462	-	-	2,462	2,400
188,402	28,789	-	217,191	63,713

30,099	12,522 -	-	17,577	13,698 -
-	-	-	-	-
30,099	12,522 -	-	17,577	13,698 -
-	-	-	-	-
20,543	20,543 -	-	-	-

-	-	-	-	-
-	-	-	-	-
50,642	33,065 -	-	17,577	13,698 -

29,024	37,024	-	66,048	79,746
79,666	3,959	-	83,625	66,048

Section B

Balance sheet

Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Total last year £ F05
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
6,039		-	6,039	6,202
		-	-
54,207	31,813	-	86,020	62,246
60,245	31,813	-	92,059	68,448

6,434		-	6,434	2,400

53,811	31,813	-	85,625	66,048

53,811	31,813	-	85,625	66,048

2,000	-	-	2,000	-
-	-	-	-	-

51,811	31,813	-	83,625	66,048

-			-	-
	3,959		3,959	37,024
79,666		-	79,666	29,024
			-
79,666	3,959	-	83,625	66,048

Signature		Print Name		Date of approval dd/mm/yyyy
		Jonathan Phillips		30/06/2023

CC17a (Excel)

29/06/2023

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Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s)
Jonathan Phillips
Position (eg Secretary,
Chair
Chair, etc)
Date
30 June 2023
----- End of picture text -----

Charity Accounts templates – Trustees’ annual report for the period

October 2016