## **Trustees’ Annual Report for the period** # **From 2-APR-2023 To 1-APR-2024** **Charity name: Friends of Isca Linea Symphonia** **Charity registration number: 1163019** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governingdocument|Para 1.17|The object of the charity is to further the
musical education of young people for the
public benefit.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The orchestra group the charity supports was
suspended for Covid and eventually merged
into another group. Since this group already
has a “friends” charity associated with it, the
Friends of Isca Linea Symphonia has become
redundant.
The trustees are in the process of closing the
charity and dispersing the assets (cash) to the
other friends group, to be used to support the
strings ensembles within that larger
arrangement.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have considered the guidance,
consider that the charity current meets the
requirements, and continue to consider
opportunities to enhance the public benefit.| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The charity has a policy of providing grants to
cover orchestra fees of those otherwise unable
to attend. However, this is now better
achieved by distributing the funds to another
charity which can better support the same
aims.| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|The activities supported by volunteers remain
on hiatus and not expected to resume. The
trustees intend to dissolve the charity.| |---|---|---| |Other||| ## **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
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|In a normal year, pre-Covid, the charity
supports orchestra rehearsal: providing
refreshments for participant and selling near-
cost t-shirts for performances. It is also able to
provide financial assistance to participants
otherwise unable to afford the orchestra fees
and purchases of instruments, music,
equipment and subsidised performance and
travel costs for concerts.
The change of arrangements post-Covid has
made the previous support activities unviable.
The trustees are in the process of dispersing
the funds to a charity with an overlapping but
broader remit, and then closing the charity
down.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|No fundraising was performed this year or last,
other than a small monthly donation from one
of the trustees, due to uncertainty about
whether supported activities would resume in
a viable way for the charity.| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity has built up a health balance, in
comparison to recent outgoings.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|No specific policy, though the trustees feel that
the charity is holding more in balance than is
strictly necessary and is likely to be difficult to
spend. The trustees are intending to disperse
the funds to a similar local charityand dissolve.| |Amount of reserves held|Para 1.22|No reserves required.| |Reasons for holding zero
reserves|Para 1.22|The charity has no fixed operating costs and is,
therefore, not at risk of insolvency. The
trustees will not authorise spending of funds
not alreadyinpossession of the charity.| |Details of fund materially in
deficit|Para 1.24|None.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|No concerns.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Not participated in fund raising for several
years. Not intending to restart.| |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||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution adopted on 13.07.15| |How is the charity
constituted?
(e.g unincorporated
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|Elected by existing trustees| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |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
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Friends of Isca Linea Symphonia| |---|---| |Other name the charity uses|| |Registered charity number|1163019| |Charity’s principal address|12 Greenfield,
Caerleon,
Newport NP18 3DN| ||| **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Nathan Stone|||Other trustees| ||CarlyStone|Treasurer||Other trustees| ||Alan Waters|||Other trustees| ||Paul L’Allier|Chair||Other trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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** ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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**|**Type of**
**adviser**
**Name**
**Address**|**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 **N/A** ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Paul L’Allier|| ||
Chair|| ||03-FEB-2025|| ||03-FEB-2025|| Friends of Isca Linea Symphonia Charity Number 1163019 ## **Financial report for the period Apr 23 to Mar 24** This is the eighth full year of Isca being registered as a charity. The previous year’s report has been added for comparison. For the financial year in question, the charity did not generate any surplus. The charity has not performed any fundraising activity and the group we used to support does not exist in the same form as before Covid 19. The trustees are in the processes of closing the charity down. Profit and Loss Report From Date 0110412023 To Date 31103/2024 2022-2023 2023-2024 Sales Donation T-shirt Tea & Coffee Tuck Shop 25.00 0.00 0.00 0.00 25.00 0.00 ses Music Costs T-shirts Tea & Coffee Tuck Shop Gwent Music IHi5tori¢al Debtl HMRC Corp Tax Fine 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross IProfit/Lossl 25.00 0.00 Overheads General Expense5 Marketing ILogol 0.00 0.00 0.00 0.00 0.00 Net [Profit/Loss] 25.00 0.00 Balance Sheet Report Date 3110312024 2022-2023 2023-2024 Fixed Assets 0.00 Current Assets Cash at Bank Cash in Hand 10,181.82 49.69 10,181.82 49.69 10,231.51 10,231.51 Tota l Assets 10,231.51 10,231.51 Total Liabilities 0.00 0.00 Net Assets 10,231.51 10,231.51 Total Equity 10,231.51 10,231.51