The Stephen Dodgson Charitable Trust Unaudited Annual Report For the year ended 31 March 2024 Charity Number: 1160960
nch Pages Trustees, Report Independent Examiner's Report Receipts and Payments Account Statement of Asset8 and Liabilities Notes to the accounts
The Sts hen Dod on Charftable Trust Trustses, Annual Re Ort For The Year Ended 31 March 2024 The trustees present thelr report and the financial statements of the charity for the period ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reportlng by Charities. (FRS 102) In preparing the annual report and financial statements of the charity. Trustses The trustees held office durlng the period were as follov•B.' Lord Aberdare Mr William Connor Mrs Jane Dodgson Slr Rlchard Field - Chainnan Professor Stephen Goss Mr John Grundy Jeremy Hayes (appointed June 2024) Structure, gov•rnanco, and management Th8 charity is governed by a constitution whlch was adopted on 28 October 2014, as amended on 24 February 2016, and the charlty b constituted by trust. The power of appointing new trustee$ is vegted in the existing trugte88 All Irustees give thelr tlme voluntarily and recelve no remuneration. They all make a significant ntributs'on to the successful runnlng of the chartty, in partlcular by attending meeting8 regularly to ensure the ¢harity 18 operated appropriately and any 18$u¢¥ are qulckly and adequately resolved. ObJoctlvo• and actlvltles The charity's objective is to advance the appreciatlon. wider understanding and education of the publlc in respect of muslc, musical vnrks and composers with particular reference to the music, works. Writing and life of the late Stephen Dodgson by... la) Making grants to other charities with simllar objectives to the trust and (bl Making grants I paylrKJ fees to individuals (i) who record the works of Stephen Dodgson (11) who perform the works of Stephen Dodgson {iii)for the establishment of a website providing Infomiation about the Charity and Its activities (iv)for other purposes within the scope of the objective$.
The Ste hen Dod on Charltable Trust Trustees. Annual Re rt- continued For Tho Year Endod 31 March 2Q24 Flnanclal Revlew During 2023-2024 the trust focused PartUlarlY on thé c8ntenary of Stephen Dodgson's birth, 192*2024. The trust sponsored. planned. organlsed and commissioned the follow¢ng events. Apr 23 - 'Tournament for Twenty Fingers, (4 hand8. 1 piano) recordlng8 and recitals, Harrogate, Sudbury, RickmansNNorth by Emma Abbate and Julian Perklns May 23 - Sungbin Cho., Concert & recordlng of Dodgson'8 guitar music at the Royal Academy of Music May 23 London Festival of Contemporary Church Muslc recltal and recording including 6 pieces by Dodgson,. St Pancras Parish Church May 23 - Recital and relea8e of Dodgson piano musi¢ CD 'Mirag•' by Osman Tack July 23 - Mala Gultsr Quartet performed a range of OrkS including Dodgson's 'Change- Rlngers, at Luton Muslc Club Aug 23 Release of Vol. 2 of solo song¥ CD 'The Dlstsnces Between. Sept 23 - osman Tack performed a lunchtime recital of piano muslc featurlng pleces by Dodgson, in Cambridge Oct 23 - The 'Sonoro' choir recorded a CD of Dodgson's choral works, 'Canticla of the Sun, De¢ 23 London chamber cholr 'lnchant' perfornied a Carol concért and racordlng, featuring pie¢e$ by Dodgson Oec 23 - 'Sonoro' ¢hoir staged a Christmas concert In St, James Piccadilly faaturSng Dodgson carols March 24 - 8MF 24 {Bames Music Festival),. perfomiance and video recordlng of settings ofthe Magnificat by Stephen Dodgson and JS Bach - (Pegasus Cholr and Barnes Festival Orchestra) Mar 24 - BMF 24. Perfomance and vldeo recording by Nicholas Danlel & Friends playing Dodgson'8 'The Old Clgarette Llghterf and 'Flood' Mar 24 - BMF 24, Gultartst Jack Hancher perfomRd a range of guitar works by well- known composers Includlng Stephen Dodgson's 'Etude$' Mar 24 The Holst Slngers; concert featurlng composers of Bames includlng Dodgson's 'Evenlng Hymn, Mar 24 - Stephen Dodgson's biography '8om by the Thames, published March 2024., extremely well received Wbth complimentary reviews from the Classical music press Mar 24 - Students of the Royal Welsh College of Muslc and Drama staged a concert
featurlng Stephen Dodgson's Wlnd and Guitar chamber works Continued the Wrk of proof-readlng and typesetting and creation of a Ggtalogue for students exploring the chor81 WDrks of Stephen Dodgson Continued outreach to arts organisations. festivals arKI musl¢ians Contlnued website, social media and rnarketlng rk including newsletters, blogs and event-sharing Maintalning the pattern set up durlng the COVID pandemlc, the trust continued to hold its meetlngs remotely using videoconferencing. This has now become the trust's default technology for trustees meetings.. The trust received Income of approximately £85,¢)00 (2023: £38,000) from different sources including a number of private donations, Gift Aid, royalties and music sales. Expenditure amounted to some £83,000 (2023.. £38,000). At the year end the trust had a bank balance of just over £91,000 and liabilitie3 of £1,135 (2023: £1.056). R•s•rvo8 pollcy: None of the charity's funds constltuta pernnent endomnent. They have been used for grants which the trustee8 have thought fit to make. The trust alms to maintain a minimum bank balance of £10,000 to cater ft)r unplanned c08ts, expenses and unforeseen opportunities to further Its objectives. From time to time the trustees wll reserve additlonal financial assets to build up funds for slgnificant events such as recordings, performances and concerts. A8 they did durlng the COVID pandemic the trustees continued to make wants to young musicians who have been typesetting and proof-reading muslcal scores of Stephen Dodgson'$ muslc, rather than accumulate needlessly large res•rv•s. Rlsk management: The trustee8 have examlned the major strategic, financial, buslne8s and operatvJnal risks which the charity faces and confim that systems have been established and measures adopted to minimise theye risks. The Treasurer reports on the charlty's financial status at each trustee8' meetlng and frequently monitors the charity's financial assets. The charity's financi81 controls were revlewed, updated 8nd approved by the trustees in March 2024.
Trustees, responslbllitiol in r•lation to the flnanclal 8tatament8: The trustees are re5ponslble for preparing the Trustees, Report and the financial statements in accordance wth applicable law and United lfjngdom Accounting Standards including Flnanclal Reportlng Standard 102= The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practlcel. The law appllcable to charitie8 in England and Wales requires the trustees to prepare financial ststements for each financial year whlch glve a true and fair view of Ihe state of affairs of the charity and of the income and expenditure of the charity for that perlod. In preparlng these financial statements, the trustees are required to.. select 8Ultable accounting policies and then apply them consistently., observe the methods and principles in the Charltles SORP.. make judgements and accountin9 estimat•s that are reasonable and prudent; state thether applicable accounting standards have been followed. subject to any mat8rial departures dlsclosed and explained in the financi81 statements, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charlty vlll contSnue In buslness. The trustees are responsible for malntalnlng proper accountlng records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to 8nsur8 that the financial Statements comply wSth the Charltles Act 2011, the Charity (Accounts and Reports) Regulations 2008, and the provi$ion$ of tha trust doodlconstltutlon. They are also responsible f¢r safeguarding the assets of the charity and hence for taking roasonabl• stéps lor the preventlon and detection of fraud and other irregularltles. The trustees are respon81ble for the malntenance and integrity of the charity and financial infomiation included on the charRy's webslte. Legi31ation in the United lfjngdom governing the preparation and dissemination of financial statements may differ from legislation Fn other Iurlsdlon8. Slgned on behalf of the trustees Slr Rlchard Fleld Chair Dat
The St8 hèn Dod son Charltable Trust Independent Examineffs Report to the TNstees of The Stephen Dodgson Charltable Trust I report to the trustees on my examlnatlon of the accounts of The Stephen Dodgson Charitable Trust for the year 8nd8d 31 March 2024 whlch are set out on pages 6 to 8. Responslb41itio3 and ba818 of report As the charity trustees of the Trust you are responsible for th8 preparation of the accounts in accordance with the requlrements of the Chartties Act 2011 (the Act,). I report in respect of my examlnation of the Twstee's account8 Carried OLrt under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directlons given by the Charity Commission under section 145{5)(b) of the 2011 Act. Indgpondont examlnerf8 Statement I have completed my examlnation. I confinn that no material matters have come to my attention in connection with the examlnatlon giving me cause to believe that in any materlal r88pect: accounting records were not kept in respect of the Trust as required by 8ectlon 130 of the Act., or 2. the acxounts do Mt accord wrth those records. I have no concerns and have come a¢r083 no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsndlng of the accounts to be reached. Sarah Tw18t FCA DChA Chartered Accountant A C Mole LLP Stafford House Blackbrook Park Avenue TAUNTON TA12PX ..2025
Th8 Ste hen Dod Recei tsandP rEn son Charltable Tru Account d31Mar Total Funds 023 Funds 2024 Donation$ Gift Aid Music sales Royalti88 80,733 2,186 36 1,828 35,000 1,875 205 681 Totsl Receipts 84,583 37,761 Payment8 Donatlons Insurance Accountancy Webslte & Project Management Sundry Producing CD8 of Stephen Dodg8on'8 songs Comp08er 8¢0re notes Proofreading and typesetting Performances Biography Recording costs 2,760 284 1,050 23,760 270 2,710 2,447 282 1,020 14.539 1,238 7,788 320 6,153 3,084 40,460 8,537 1,100 3.178 Total Payments 82,915 38,063 Net (Payment8)IReceipts for the year 1,688 (302) Cash at Bank at 31 March 2023 89,532 89,834 Cash at Bank at 31 March 2024 91,200 89,532
The Ste en Dod tement of Asse on Charitable Trust and Liabiliti88 31 2024 2023 Santander Bank Current Alc 91,200 89.532 Total Cash Funds 91,200 89,532 Copyrights 21.750 21,750 Ll Accruals 1,135 1,056 8j.1l.lS The financlal statements were approved by the Trustees on . Sir Rlchard Field - Trustee On behalf of the Board of Trustees
Th8 Ste nDod on Charltsbla Trust Notss to the A¢¢ounts Year ended 31 March 2024 1. The accounts have been prepared on th8 recelpts and payments basis and in accordance with Charity Commission guldance. 2. The Charity has no Restricted funds. 3. During the year neither th8 Trustees, nor sny person connected with them, have received any remuneration or expenses. (2023: £Nil remuneration, £Nil reimbursement). 4. The trustees conflm, In accordance wth the Charitable Incorporated Organi8atlons {Gen8ral) R8gulatlons 2012, that at year end the CIO did not have any outstandlng guarantees to thlrd partles nor any debt8 Secured on assets Of the CIO.