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2023-06-30-accounts

Trustees’ Annual Report for the period

From 01 July 2022 Period start date To 30 June 2023 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 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). On one
date, a free hour-long concert for schools
is also given.
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 Post-Covid, the WSO has been able to
provide a full season of concerts during
this reporting period.
Additional information (optional)
You may choose to include further statements		 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 Funding remains a challenge. Receipts
from concerts reflect the lower but, on
average, 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 and
from 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
post-Covid, making the concerts more
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 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
2
3
4
5		 Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or
body) entitled to
appoint trustee(if any)
John Gibbons Musical
Director
Sean McDonald
SallyGibbins To 10/06/23
Nicolette
Babbage-Clark		 From 29/11/22
Dominic Smith From 29/11/22
6
7		 Peter Robinson From 29/11/22
David Smith Treasurer From 09/06/23

– 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 wholeyear
n/a

Funds held as custodian trustees on behalf of others

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

Additional information (optional)

Names and addresses of advisers (Optional information)

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

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.

Declarations

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

Slgned on b•half of th• chartty's trust Signatur•(4) 4< Full name(s) Po•ftlon (•g Secretary, Ch•lr, •t¢) Dat• David Smith Sean McDonakl Treasurer

CHARITY COMMISSION
FOR ENGLANDANDWALES		 CHARITY COMMISSION
FOR ENGLANDANDWALES		 Worthing Symphonyorchestra Symphonyorchestra Symphonyorchestra
ece
R		 ts an a nt$
e
accCIun		 ts
Fortheperiocl
from		 uta7t2022 To 34t06t2423
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Totalfunds Last year
to the nearest
€		 to the nearestf to the nearest€ to theneare$tf tothenearestI
A1Recei
Ticket Sales 53,527 53,527 40,833
Worthing Syrnphony Society 40,000 40,000 26,000
Donations&Spcirsorships 27.903 27,963 2,307
Proqramrne Sales ?,443 2,443 1,683
Adveriising 60 60 720
G:ftAid
Miscellaneous lncome 87 87
Subfofal
rncoffietor
AR)		 1?4,080 124,080 71,542
A2Asset and investment sales,
(see table)"
rotatreeeiprsl---T77@-l [- 1f,T] - ria,ssolt:dE
A3
Orchestra 101,468 101,468 63,817
Conductr:r & Soioists 3,750 3,750 5,280
Marketing& .Adveftising 4,127 4,127 2,330
Procran"imeOesiqn & Print 3,0s9 3,099 1,057
lnsurance 884 884 884
[4usrcHire 2,935 2,935 806
Misceilarleous Expenses 964 964 1,145
Subfofal 117,227 117,227 75,31I
44Asset andinvestment
ourchases.(seetable) Subtotal tr-=Fr=r----l
r----rr
rr-------rl
Total payme"t" l-l f**,,r,rr1f--fi61
flletofreceip ts/(pay ments)
A5Transfersbetweenfunds
AGCashfundslastyearend
Cashfundsthisyearend		 =:@ l'-1
r--ffi51F-----finl
-__-r=Pry
SectionBStatement ofassets andliabilitiesat the end oftheperiod oftheperiod
Unrestricted Restricted Endowment
{latgri,
81Cashfunds		 Setaiis funels
to flearestf
24,096		 funds
funds
tonearest€
tonearestt
T-__-t_li-_-___l
tt
t-l
l-tt-l
Totalcash funds 24,096 l
-il		 -l
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest € tofiearest€ to nearest€
82Other monetary assets
Details Cost (optional) Current value
83lnvestment assets
Details Fund towhich Costioptional) Current value
84 Assets retainedforthe
charity'sownuse
Fund towhich Amount due Whendue
Details
85 Liabilities
Signedbyone ortwotrusteeson
behalfof allthe trustees		 Signature Print Name
L>,.flv1:ffiH
7,ecG€.Y