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2022-06-30-accounts

Trustees’ Annual Report for the period

From 01 July 2021 Period start date To 30 June 2022 Period end date Charity name: Worthing Symphony Orchestra (WSO)

Charity registration number: 1164531

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The Objectives of the WSO are to
promote, maintain, improve and advance
education, particularly musical education,
and to encourage the arts, including the
arts of music, drama, mime, dancing and
singing.
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 principal activity of the WSO for
public benefit is usually the continuation
of the annual programme of orchestral
concerts at The Assembly Hall in
Worthing. There would usually be eight
concerts per season (September to
April/May), one of which includes an
additional hour-long free concert for local
schools. The concerts were suspended
during the period of the pandemic.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The Trustees of the WSO take due regard
of the guidance in public benefit issues
issued by the Charity Commission and
believe this is reflected in the activities of
the WSO.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 n/a
Policy on social investment
including program related
investment
Para 1.38 The WSO does not currently hold any
investments.
Contribution made by
volunteers
Para 1.38 The support for the WSO, i.e. the
general management, administration,
fundraising and so on, is all undertaken
by the trustees and other volunteers.
Without the efforts of these individuals,
the WSO would cease to operate.
Other The WSO's musicians are fully
professional and self-employed, and are
paid on a concert-by-concert basis. The
marketing and graphic design activities
are also paid on a similar basis. As a

result, the orchestra has no paid employees.

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 With the easing of Covid-19 restrictions,
the WSO has been able to resume
concerts during this reporting period.
In the earlier part of the period, the
distribution of a free magazine - WSO
Music Matters, in both digital and
printed format, was continued to keep in
touch with our regular supporters and
other interested individuals and
organisations. The focus then switched
to

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 n/a
Performance of fundraising
activities against objectives
set
Para 1.41 n/a
Investment performance
against objectives
Para 1.41 n/a
Other n/a

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Despite the lack of expenditure during
the period of the pandemic, funding
remains a challenge. Receipts from
concerts reflect the lower but slowly
increasing audience numbers.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The WSO does not have sufficient funds
to warrant a reserves policy at the
present time.
Amount of reserves held Para 1.22 n/a
Reasons for holding zero
reserves
Para 1.22 Due to the pattern of funding concerts,
as the major activity of the WSO, it is
not considered necessary to specifically
allocate any of the funding held to a
specific'reserves' category.
Details of fund materially in
deficit
Para 1.24 n/a
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 The WSO has no uncertainty at the
present time about continuing as a
going concern on its current basis.

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 The principal source of funds for the
WSO is the ticket sales for each public
concert. Additional funding comes from
grants, donations, sponsorship (with a
limited amount'in kind' from Worthing
Borough Council/Worthing Theatres)
and from the membership of the
Worthing Symphony Society (WSS).
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 n/a
A description of the principal
risks facing the charity
Para 1.46 The principal risk facing the WSO is the
rebuilding of the audience numbers after
the pandemic in order to allow the
concerts to be financially viable, taking
into account other sources of funding
and the setting of ticket prices to be as
affordable as possible.
Other n/a

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document Para 1.25 Constitution
How is the charity
constituted?
Para 1.25 Charitable Incorporated Organisation
Trustee selection methods
including details of any
constitutional provisions
Para 1.25 Appointed by existing Trustees
Additional information (optional)
You may choose to include further statements
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 n/a
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 n/a
Relationship with any
related parties
Para 1.51 This CIO, the Worthing Symphony
Orchestra, is supported by another
charity, the Worthing Symphony Society
(WSS).
Other

Reference and Administrative details

Charity name Worthing Symphony Orchestra
Other name the charity uses None
Registered charity number 1164531
Charity’s principal address 4 Highdown Avenue
Worthing
BN13 1PU

Names of the charity trustees who manage the charity

1 Trustee name Office (if any) Dates acted if
not for whole
**year **
Name of person (or
body) entitled to
appoint trustee (ifany)
Paul Baker Chairman
2
3
4
5
John Gander Administrator/Treasure
r
SallyGibbins
John Gibbons Musical Director
Sean McDonald

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year n/a

Funds held as custodian trustees on behalf of others

Description of the assets n/a 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 Name Address adviser n/a Name of chief executive or names of senior staff members (Optional information)

n/a

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

The WSO Trustees are grateful to all those volunteers who make it possible for the Orchestra to continue its concert programme. Without that help, the WSO would not be able to continue. During this reporting period, although there have been no concerts, we are very appreciative toward those who have contributed to the content of our magazine and to those who have produced and distributed it.

Declarations The trustees declare that they have approved the trustees. report atlove. Signed on behalf of the charity's trustees Signaturels) Full namé(sl Jc4U &/éAfd Position (eg Secretary, Chair. etc} 14 Dato

Charity Name No (if any) Worthing Symphony Orchestra 1164531 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/07/2021 30/06/2022

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
40,833
26,000
2,307
1,683
720
-
-
-
71,542
-
-
-
71,542
63,817
5,280
2,330
1,057
884
806
1,145
-
-
75,319
-
-
-
75,319
- 3,777
-
21,020
17,243
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
40,833
26,000
2,307
1,683
720
-
-
-
71,542
-
-
-
71,542
63,817
5,280
2,330
1,057
884
806
1,145
-
-
75,319
-
-
-
75,319
- 3,777
Total funds
to the nearest £
40,833
26,000
2,307
1,683
720
-
-
-
71,542
-
-
-
71,542
63,817
5,280
2,330
1,057
884
806
1,145
-
-
75,319
-
-
-
75,319
- 3,777
Last year
to the nearest £
Ticket Sales 40,833 -
-
-
-
-
-
-
-
-
40,833 -
WorthingSymphonySociety 26,000 26,000 -
Donations & Sponsorships 2,307 2,307 1,780
Programme Sales 1,683 1,683 -
Advertising 720 720 -
Gift Aid - - -
Miscellaneous Income - - 10
- - -
Sub total(Gross income for
AR)
71,542 71,542 1,790
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 71,542 1,790
Orchestra 63,817 -
-
-
-
-
-
-
-
-
-
63,817 -
Conductor & Soloists 5,280 5,280 -
Marketing& Advertising 2,330 2,330 3,945
Programme Design & Print 1,057 1,057 -
Insurance 884 884 -
Music Hire 806 806 25
Miscellaneous Expenses 1,145 1,145 675
- - -
- - -
**Sub total ** 75,319 75,319 4,645
A4 Asset and investment
purchases, (see table)
- -
-
-
-
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 75,319 4,645
- 3,777 - - - 3,777 - 2,855
- - -
-
- -
21,020 - 21,020 -
17,243 - - 17,243 - 2,855

CCXX R1 accounts (SS)

25/04/2023

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
17,243
-
-
-
-
-
17,243
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

25/04/2023

2

Independent Examiner's Report to the Trustees of Worthlng Symphony Orchestra I report on the accounts for the year ended June 2022. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year {under section 144{2) of the Chartties Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to.. examine the accounls {under section 145 of the 2011 Act) to follow the procedures laid down in the General Directions given by the commission (under section 145{5)(b) of the 2011 Act) to state whether particular rnatte￿ have come to my attention. Basls of independent examinerfs report My examination was carrted out in accordance with the General Directions given by the Charity Commission. An examination includes a review ofthe 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 conceming any such matters. The procedures undertaken do not provide all the eviden￿ 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 next statement. My review was based on the following d¢xumentation'. WSO Community Bank Account Statements (Account.. 93246825) from May 2021- June 2022 (reviewed a sample) Treasurerfs explanation of account (D Smith email at: 2114 at 18.16) WSO Accounts Analysis {Excel.' ESO 2023&22 Accounts v3.xls} WSO Final Accounts {Excel: Worthing SO Annual Accounts 2023-22.xlsj Independent examlnerfs 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 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and comply wilh the accounling requirements of Ihe 2011 Act 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. Name.. Paul Gfigg Address.. 38 Chestnut Avenue, Esher, Surrey, l(r10 8JF Date: 22104123 Signed: