Faust Chamber Orchestra
T�������� A����� R�����
From 1 September 2019 to 31 August 2020
Registered Charit� England & Wales no. 1163070
Registered charit� England and Wales no. 1163070
The trustees are pleased to present their annual report together with the financial statements of the charit� for the �ear ending 31 August 2020.
CHAIR�S REPORT
This �ear�s programme was sadl�interrupted b�the Covid-19 pandemic. In the period before lockdown FCO performed a concert at Hatfield House Chamber Music Festival, and provided its largest orchestra to date for Elgar�s �The Kingdom�at El�Cathedral. Both projects were successes and have indirectl�led to other engagements through the performance showcase the�offered the orchestra. The first chamber concert in the series took place but others had to be cancelled and a number of external engagements were also lost. Some of these were carried forward to the following season. The decision taken in the previous season to engage a freelance concert manager for specific projects proved a success.
OBJECTI�ES AND ACTI�ITIES
The objective of Faust Chamber Orchestra (the �Orchestra�) is:
to advance, improve, develop and maintain public education in, and appreciation of, the art of music in all its aspects b�the presentation of public concerts and recitals, and b� such other means as the trustees shall determine from time to time.
The Orchestra is composed of �oung professional musicians and aims at making classical music fresh, comprehensible, and inspirational in the concert hall. Under the artistic direction of conductor, Mark Austin, the Orchestra provides accessible spoken introductions and musical demonstrations as part of its concerts, which bring the music closer to audiences.
In order to achieve its objectives, the Orchestra organises and delivers a range of live performances, in 3 main formats:
-
Orchestral concerts, usuall� under the baton of Artistic Director, Mark Austin
-
Chamber Series recitals, showcasing a few members of the Orchestra and external guest artists in a more intimate setting
-
Educational projects, organised on an ad hoc basis with schools or other partner organisations, to share professional performances of classical music with children and adults and educate them about the beaut� and power of music
The Orchestra gives professional pla�ers the opportunit�to perform with and pla�an active and fairl� remunerated role with a top-class ensemble.
The Orchestra is involved in the communit�and relies on voluntar�help. In addition to the time volunteered b�trustees and members of the management team, several volunteers assist with box office administration, concert management, and catering for Orchestra
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Registered charit� England and Wales no. 1163070
pla�ers and guest artists. Faust Chamber Orchestra is extremel�grateful for their ongoing support.
In shaping the objectives for each season and planning the activities, the Charit�Trustees have had regard to the Charit� Commission�s guidance on public benefit.
PERFORMANCES
O��������� ��������
The 2019-20 season included two major engagements:
| Thursda� 29 September 2019 - 7:30 pm |
|---|
| H������� H���� C������ M���� F������� |
| R���� P����� ���� ��� ������� ������� |
| S����-S���� C���� C������� ��. 1 ��. 33 |
| F���� S���� S���� (2010) ���. C����M������� |
| F���� R������ ��. 48 |
| G�� J������� cello |
| S������ S���� soprano |
| H������������ C����� |
| F���� C������ O�������� |
| M��� A����� cond�ctor |
| The Old Palace, Ha�field H���e |
| Saturda� 30 November 2019 - 7:30 pm |
|---|
| E�� C�������� |
| E���� The Kingdom |
| M��� B���� soprano |
| J��� I����me��o soprano |
| E� L���tenor |
| G����� B������ J���baritone |
| L���� P����������� C����� |
| C�������� U��������� S������� C����� |
| F���� C������ O�������� |
| D���� H��� cond�ctor |
| El� Ca�hed�al |
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Registered charit� England and Wales no. 1163070
C������ S�����
The Chamber Series continued in 2019-20. Onl�one programme could be performed due to the pandemic.
Sat�rda� 23 No�ember 2019 - 7:30 pm The Romantic Violin B�������� S����� ��. 1 ��. 12/1 C���� S������� T���� R������� B����� R�������� D����� B����� S����� ��. 1 �� G ��. 78 R���� T������
M������� M�������� ������ J��� R��� �����
Penn Ho�se, B�ckinghamshire
E�������� A�������
No educational activit� was undertaken.
FINANCIAL RE�IE� AND PRICING POLIC�
The results for the �ear ended 31 August 2020 and the financial position as at 31 August 2020 are set out in the Annual Accounts prepared on the basis of receipts and pa�ments.
The financial �ear 2019-20 ended with an overall surplus of �2532, resulting from total receipts of �31398 and total pa�ments of �28866. Cash funds at the �ear end amounted to �14814.
P������ P�����
Affordabilit�and access to the performances are important criterias and the pricing polic� reflects the strateg�of enabling all within the communit�, whatever their means, to attend a
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Registered charit� England and Wales no. 1163070
live music performance. Full ticket prices to the orchestral concerts in this season were however determined b� the promoter.
R������� P�����
The trustees acknowledge the need to maintain sufficient reserves to provide a degree of financial securit� for the Orchestra's ongoing and future operations.
Continuing from the previous season, the board worked on the basis of a reserve polic�which established that funds equivalent to t�pical project turnover, �8,000 at the time, should be held as free reserve to ensure financial stabilit�.
As the Orchestra develops and the si�e of its operations changes, the amount of reserves will be reviewed accordingl�.
GO�ERNANCE AND MANAGEMENT
G�������� ��������
Faust Chamber Orchestra is a Charitable Incorporated Organisation governed according to its Constitution (�foundation� model) dated 7 March 2014.
The Constitution was modified on 29 Jul�2015 (Object) and further modified on 30 November 2015 (change in name from Faust Ensemble to Faust Chamber Orchestra).
O�����������
The trustees are responsible for the overall management and control of the CIO. The board of trustees meets on a quarterl� basis, with members of the management team in attendance.
Decisions are made b�simple majorit�of votes at a meeting of the board of trustees or b� resolution made in writing or in electronic form and agreed b� all trustees.
All Trustees give of their time freel� and no remuneration or expenses were paid in the �ear.
Da� to da� management of the Charit��s affairs is delegated to the Artistic Director.
A���������� �� T�������
The existing trustees ma�appoint a new trustee at an�time for a term of three �ears b�a resolution passed at a meeting of the board of trustees.
In selecting individuals for appointment as charit�trustees, the existing trustees have regard to the skills, knowledge and experience needed for the effective administration of the Charit�.
There must be at least three and not more than twelve trustees.
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F•t Orf htra (tY •xl W•i•s 11fj3 REFERENCE AND ADMINISTrATION DEfAILS ctkirity name: Faust Chamber (kchestra Previously kJK Faust Ernble (ftar chan8e decided on 30 November 2015 and recorded by the Charity commissi on 22 Decert>er 2015) For the wrpose5 of $7mpLicity, the organisation is referred to as 'Faust Chamber Or(tr*stra' or 'the (kcIra. thrtrjghCl this Charity Nrthr. 1163070 (registered 10 August 20151 Addre5S: 8 HO¥ Drive, BeaCle1d, &xks, HP9 2BG, England The trustees serving year are set below: Cwntess Elizabeth Ho Ms Klarn Kan Mr Gordon Aurtin Chaimmn The memkn of ttt hknagamt team 5ervirry dwing year V•tre: This report has been akyoved by of charity's tr, and sigred on their behalf by: Counte55 Elizabeth Howe . Date
| Faust Chamber Orchestra | Faust Chamber Orchestra | Faust Chamber Orchestra | Faust Chamber Orchestra | Faust Chamber Orchestra | 1163070 | 1163070 | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||||||
| For the period from |
01/09/2019 | To | 31/08/2020 | ||||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | Last year | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | |||||||||
| VoluntaryIncome | - | - | - | - | - | ||||
| Donations | 4,787 | - | - | 4,787 | - | ||||
| Grants | - | - | - | - | - | ||||
| Gift Aid | - | - | - | - | - | ||||
| Income from Charitable Activities | - | - | - | - | - | ||||
| Ticket Sales | 2,811 | - | - | 2,811 | - | ||||
| Performance Fees | 23,800 | - | - | 23,800 | - | ||||
| - | - | - | - | - | |||||
| Sub total_(Gross income for AR) _ | 31,398 | - | - | 31,398 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts | 31,398 | - | - | 31,398 | - | ||||
| A3 Payments | |||||||||
Costs of Charitable Activities |
- | - | - | - | - | ||||
| Musicians’ Fees | 26,384 | - | - | 26,384 | - | ||||
| Venue and Other Costs | 2,482 | - | - | 2,482 | - | ||||
| Support Costs | - | - | - | - | - | ||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 28,866 | - | - | 28,866 | - | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| **Sub total ** | - | - | - | - | - | ||||
| Totalpayments | 28,866 | - | - | 28,866 | - | ||||
| Net of receipts/(payments) | **2,532 ** | **- ** | **- ** | **2,532 ** | - | ||||
| A5 Transfers between funds | - | - | - | - | - | ||||
| A6 Cash funds last year end | 12,282 | - | - | 12,282 | - | ||||
Cash funds thisyear end |
14,814 | - | - | 14,814 | - | ||||
| Section B Statement of assets and liabilities at the end of the period | |||||||||
| Categories | Details | Unrestricted funds |
Restricted funds | Endowment funds |
|||||
| to nearest £ | to nearest £ | to nearest £ | |||||||
| B1 Cash funds | Cash at bank | 14,168 | - | - | |||||
| Cash at Paypal | 646 | - | - | ||||||
| CCXX R1 accounts (SS) | 1 |
CCXX R1 accounts (SS)
| - | - | - | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Total cash funds | 14,814 | - | - | ||||||
| (agree balances with receipts andpayments account(s)) | OK | OK | |||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
|||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the charity’s own use |
- | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||||||
| B5 Liabilities | - | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval | ||||||
| Klara Kan | 6 April 2021 | ||||||||
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CCXX R2 accounts (SS)
01/03/2020
Independent examinerfs report to the trustees of Faust Chamber Orchestra I report to the trustees on my examination of the accounts of the Faust Chamber Orchestra (the 'Orchestra') for the year ended 31 August 2020. Responsibilities and basis of report As the charity trustees of the Orchestra you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Orchestra's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the Orchestra as required by section 130 of the 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Pamela A Johnson Relevant professional qualification or membership of professional bodies (if any): ACA Address: 74 Artillery Mansions 75 Victoria Street London SWIH OHY Date: th 14 May 2021