LEVICKS Chartered Accountants and Business Advisers The I'rii%lL'es S¥"niplii)n5' C'.oiisort 4_I 1.¢ii I lill R()ad Ilirn)iiigham WLst Midland5 02AS Ref.. JACJII 5.3981278752 I l December 2024 Dear Tnjstees am pleased to advise that our review of the accounts for the year ended 31 July 2023 has now Cn ciiiiiplctcd. l ¢n¢lose the accounts and Ictt¢r of rcpresentation for the year Its 31 July 2023 foi #PPTDi"al by the board of trnsl¢es. together with my draft examincrs report. Please could you pres¢nt the accounts before th¢ board. If agreed, they should be signed on the trustees report (page 4) and th¢ balance sheet (page 7) by th¢ trustees. Please note that th¢ independent review will be qualified a8ain, becaus¢ of the going concern status. due to the further deficit made this year. Please return th¢ signed accounts to m¢ for my flle. I will then rturn a bound ¢opy to you with my signed examiners rern I will also forward a pdf version for your records. l also enclose a l¢tt¢r of representation which should be revi¢wed by the trustees. If agreed, th¢ Inislees should SI on¢ copy for return to me. Please then r¢tsin a second copy with vovr Finally, l enclose my fjrni's note of charges for your kind nSIderatiOn. Best wishes Yours sinrtr¢ly MrsJAGri jgribglS(u}levicksaccountants.co.uk Wtst Hlll, 61 RoAd, Ktffjt ME16 8TX Ttj: 01622 759121 Web•lle: Prl•tTr~&y 1ccAA JthGrFCA MAr* FCA Tr¥ryy P¢4ny VCCA WCCA JMWIlll•m FCA
REGISTERED CHARITY NUMBER: 1164536 REPORTOF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 FOR SYMPHONY CONSORT
YMPHONY CO ONTENTS OFThE FINANCIAL SYATEME FOR THE YEA ENDED I JULY 201 Pa Report of the Trustee5 and Statem•rtof Trustees, Responsibilities Ito4 Independent Examinerfs Report Ststement of FinarKial ActlIeS Balance Sh Notestothe Financial Ststements 8t012
SYMPH NY REPORT OF THE TRUSTEES FOR THE YEAR ENDED The Trustees present thelr report with the fiTrancial Statements of the Charity loi the year ended 31 July 2023. The Trustee5 have adtspted the provisions DI the statement ol Recornrnended Practice ISORPI (FR5 1021 'Atcounting and Rewrting by Charitie5' effective from l January 2019. REFERENCE A14D ADM11415TRATIVE DETAILS Registered Charfty number 1164536 Prinupal addre55: 43 Lea Hill Road Bimiingham B20 2AS Trustees: D Ariyo J S Thompson SAL8rown Indendeftt Eumlner. Julie Gnggs FCA Lewck5 Chartered Accountants and Busirth AdwseTS 61 LoThdon Road MaidstoTre Kent ME168TX
SYMPHONY ONSORT REPORT OF THE TR TEE FOR THE YEAR ENDED LIULLQII STRUCTURE. GOVERNANCE AND MANAGEMENT Govtmln8 documeni The Charity is contrDlled by its 8overninB d(Kument, a consiitution adowed 17JuTre 2015 3$ amended on 29 Ottober 2015. OBJECTIVES AND AcnwnES Objertives and aim5 To advance the Chn5tian faith lor the benefit of the public by such means a5 the trustees see fit. Syrnphony ConSDrt is a charity that seeks to tslId platfomis and CTEaie space5 SLI th8t to¥ether we can do more to better Serve the community, cuhure and the chh. Our presence lrtends to be a brldge that £onn¥ts these element5. gnifirant activrties undertaken by the charity include Chri5tlan b•sed events and Inttlate5, servlce5 for Inerable adults and children. A(H1mENT A14D PERFORhW4CE Charitable In 2023, our organ15ation embraced a swrof growth, innovation, and sirengthened comrnunity engagement. Building upon the resilience we demonstrated in the aftemiath of the pandemic, we expanded our reach and deepened our impact both IcllY and globalfy. This report hi8hlights our initiati¥esznd the strides we made in empoweiing communities through education. arts, and adv¢xacv. Symph5th0S. E11 Edwion•l Honn$ This year marked a signrfrant expansion of our Symphory5th¢y)Is program. We extended ourfree GCSE tuitbn seNces to more locations, reachin8 a greater numberof youn& 8ifted 81ack boys across the country. Byaddressin8 educational disparrtes on a broader5cale. we continued our missk)n to reduce inequalities and nurture the next generation of leaders. The posrtive feedback from Students and parents allke relnforces the program's effecti¥eness and the ImWrtae of accessible edIatIon. In 2023. Symphony Records dedted its efforts to empowerin8 young people through musical collatKJration and edUCatn. PartneriD6 Wlth the 8BQ we faalitated workshops and pffjjectsihat engaged youth in the creative proce55 of music production. contributing to the developrnent of our upcoming festtval. These Initiatr¥es provided invaluable optx)rtuni(ies for youngtalents to learn from industry professiona15. expre55 theircreatr¥ity. andgain hands-on experien in the arts. Ourcommitment to nurturin8 the nextgeneration of artists n¢X onty enrthd thelr peThJnal development bLrt also strengthened communtty trM)nds throuKh shared mustal experlences. We irfensrfd ourefforts in establishin8 the Symphony Festlval, whlch alms to unltt diverse communitles ihrough mussc, arts. and cultural exchange. srf1(nt pro8ress was rnade in organlsingthefestival, wlth a fLKUS on colktor*KJn and iFKIu5ivty. Ourteam worked diligently loglstKs, partnefshlp5, and pro8rammiwto ensure the festival will be ¥ beacon of empowermeftt and unity. Through our workwlth youn8 people and partners Ilke the g&C, we are thegroundwork for a transformative event that wlll celebrate cre•t1ty and community.
SYMPHONY C REPORT OF TIIE TRU_STEE FOR ThE YEAR ENDED 31 IY2 Fundraising and NeOrkIn1'. St181hhn6 Oknr Fotsnditlon Reco8ni5in8 the imporrance ol ÈU%ièinhbility. wè engagpd In slgnificant lundrai5in8 and networkin8 attNitiés Ihrou8hout the year. These effDn¥ i)01 only bDlsrered our financial stability but also expanded our netWOTk of supporte[5 and collatrat0Th. By hotin8 fvndrai5irg evenis and participating In networking forums. we cultN¥tÉd relationship5 that are essential for the IonEevity and 8rowth of our iniiiaiive5. Global Advcw.. Fostering Rplation5hlp5 and Communlty Bulldl Our atlbwacy work twk on a global dimension ès we Èngaged with communltles and or88nlsations worlthyide. We focused on rel6tionship-building and tommunity development Èfforts to ampllfy I(es 8nd address prÈssing social Issues. Through conferences. workshops. ané collèlx>rative PTolects, we contrlbuted to a global dialo8uÈ on equality. Inclu510n, and emrK)werment. 5yTrphony Books: Fosterin8 Lltefary Talent Throughout the year, 5yrnphony 70k5 f(Kused on developin8 relatlonshlps with aspiring authors Irom diverse back8round5. We w(>rked c105ely with these writer5, offering support an(r guidance to help them ref5ne their crèft and nagate the path toward publication While we did not publish any new WOTks In 2023. our efforts were Instrumental in layin8 the foundation forfuturÈ literary protects. ay inve5tinE in emerging votces. we alm to amplify dlverse per5pettives and contribute meaningFullyto the literarycomrnunity in the years to come. Partner5hlp5 and Collabtsv¥tions Our organisation strengthened existin8 partnerships and forged new collabotstions. By provldSng advic< guidance. projert rnanagement. and facilitation 5erwces. we extended our irnpact and supwrted a variety of community initiatives. These collaborative eftorts were instrumental in addressing complex challenges and enhancing our collective capacity to efFect wsitive change. O¥trcominB Qwllenges rMI Lookir* Forward While we celebrated many successes, WÈ a150 navigated challen8es such as 5calin8 ourprograrn5 and ensuring resource allocation rnet the growinB demands. Ourtearn's adaptability and commitrTrent were¢rucial in oveTcomin8 these hurdle5. We continually reasse55ed and refined our strategies to align with our expandin8 1ri5ion and the needs of the communities we serve. RefiÈrting 2023, we a proud of the pro8$ we have made and the lives we have touched. The expansKJn of Symphony Schools, ourglobal ad¥ocacy efforts, arbd the groundwork laid for the Symphony Festival Signify a yearot meaningful achievernents. We are 8rateful forthe unwaveringsupwrt of ouriommunity. partner5. and dedicated tearn rnembers. As we move forylard, we rernain committed to f05tering education. arts. and ad¥CaCv, and we are excited about the possibilities that the future holds forcontinued growth and impacL HNANCIALREVIEW The net deficrt forthe year ended 31 July 2023 was £2,798 compared to a net Surplus of £776forthe year ended 3tr July 2022. As at 31 July 2023 the charivs net liabllities were £15,954 compared to net Ilabllltles of £13,156 at 31 July 2022. The condtDon5 indicate the existence of some uncertalTrty whlch may cast thiubt re8ardln8 the charftV5 abllfty to continue as a 8oin8 concern. The charity has the continued support of its trustees and satlsf6ed that its tredltors at the balance sheet date will continue to accept deferral of amounts due to them.
SYMPHONY CON50RT REPORT OF FOR THE YEAR ENOED 3 LY STATEMENT OF TRUSTEES RE5PONSIBILinES The Trustee5 ale re%piiTisililp liii iiTviihrinB the Report of the Trustees Jnd the Ilnanclal statement5 in accorllance with appI[Able law and Unlted Kin¥dom Accounting Standard5 (United Kingdom Generallv Accepted Atcounting Pradicel. The law applicable to charifies in Engl3nd and Wale.s, the ChaTlties Act 2016, Charity IAccounts and Reports) Regulaiioi)5 2(K)8 and the provisions of ilie Trust Deed require the Trustees to prepare financial statement5 fDT each finawial yeèl which give a true and fair view of thÈ state affaifs ol thecharity and ol the incoming re50UTtv and application of resources, including the Incole and p.xpendSture, ol the tharityfor that period. In prepanng those finantial staternents, the Trustee5 are requlred to.. 5elErt 5uiiable accounting policie5 and then apply Ihem coTrs15tently.' observe ihe rnethods and priniiple5 ill the Charity SORP,. make judgements and estimates that are reasonable and prudent.. prÈpare the financial statement5 on the 8oin8 concern ba515 unle5511 Is Inappropriate to surne that thÈ thanty will wntinue in business. TheTrustee5 are resnSiblef0r kÈeping proper accountlng record5 whlch disclose with reasoTrable accuracy at any time the financial position gf the charity and to enable them to ensure that the financial statements Comply with thÈ Charities Act 2016, the Charrfty (Accounts and Report51 Re8ulation$ 2008 and the provision5 of the Trust Deed_ They also responsible for sèfe8uardlng the assets of the charity and hence For taking reasonable steps for the prÈ%*ntion and detection of fraud and other Irregularitie srAIEMENf OF i¥SQOSURESTOTNE INDEPENDE14T EXAMINER In so far a5theTrustees art aware at Ihe time of approvlng the Tnjstees, annual report.. There is no relevant infomiation. being information needed by the independent examiner In conneLtion preparing their report, of whh the independent examiner Is unaware- and The Trustees ha¥in8 made enquirie5 of the relevant staff. have each taken all step5 that he/she is obliged to take a5 a TTUStee in order to make themselves awa of any relevant infonnation and to establish that the independent examiner i$aWa ol that informatlon. Approved by ortherofthe board ol TrLtstees on Land $18nedon Tt5 behalf bv: Jarnes Thompson Trustee St an Brown Trwtee Deml Adyo Trustee
&yMeOoNsQRT INDEPENDENT EX MINERS REPORI TQ_IiI.LIRVSTEE5 QE5YMPUQUL£QrySQBI FOR T14E YEAR ENDEOII LY2 I rerort on ihe actoiiiiliol Syniiilioi)y Ciin4nrt Ic)r the year ended 3J Jitly2023 whlchcomprlse the Statement of Flnanclal Activilies. the Balance 5heel and ihe rel&led note5 se1 Out on po8e$ 6 to 12. Reswrti¥f sponsibl11t{ts oltrustees Qrtl exomlner The rhantY'4 ini%lepE are re4p(Insible lor Ilie prpp3railon ol the accounts. The charR¢s trustee5 consider rhat an au¢Jit 15 T1 rpouired for Ihis year under 5edion 144 of Ihe Charities Art 20111.the Charitles Acfl and that an independent ex4Tnination 15 nèeded. It Is rÈstK)n51biliTr tts.. evamine the account5 under sertinn 145 ol the Ch8rlties Ad.. to follow ihe procedijres down in the 8eneral diredbns 8lven by the Charity Comrnlssion lunder section 14515llbl of the Chèritie5 Art. and to stare wh&ther particular matters have come to my attentlon. Bosis oJindependentexomiWs 51•teiiient Aly exarDination wès camÈd out in accordance with thÈ general dSrecisons given by the Charity Cornmission. An examination ilUdes3 review ol the accoiJntln8 re(ord5 kept by the charityand acomparison of theaccounts prÈsented with ih05e records. It also Include5 ton5ideration of any unusual iterns or disc105ure5 in the accounts. and seeking ol explanationsthetrustees concernin8any such rnatters. The proceLlure5 undertaken do not provideall the evidence that would be required in an audit, and consequently noopinion isglven asto whetherthe accounts present a'true and fai Èw and the rerort Is limita io those matters Set out in the Statement below. Inndentexvminerfs stotement- mgttersoAcon(em Identlfvd I have considered the adequècy of the disclosure in the financial statements concernin8the chaiitfs ability to continue a5 è going concern. The charity made a deficit of £2.79812022 surplus of £7761 forthe year ended 31 July 2023 and has net liabilities of £15,954 12022 net liabilities of £13.1561 at the +Jalance sheet date. These condrtions indicate the existence of sorTre uncertainty which may cast doubt regarding the charitvs abilityto continue •$ a going concem. The financi41 statements do not include any adju5tment5 that would result rfthe charity wa5 unable to continue as a 8oiryg coTrcem. In cOnrett wrth examIr+atn, no rnaterial matters. except that reftrred to in the above para8Taph, have come to myattention which yves me cause to believe that in any rnaterial respect.. the accounti record5 were not kept in accordance with section 130 of the Chaiities Act.. LY the accourts did wt accord with the accounting records.. or the accounts did rxx cornply with the applicable requirnents concernin8 the fomi and tontent of accounts setout in the Charities (Accounts and RepK)rtsl Regulation$ 2Ci18otherthan anyreQuirnent that the accounts give a'true and fairf view. which is not a matter considered 85 part of an independent examination. I ha* come across no other matters in coTrnectK)n wrth the exarninatK)n to whkh attentlon shoukl be drdwn in thls rert in orderto Ènable 3 proper understandin8 of the accounts to be reathed. These accounts ha¥e NOTyet been518ned Independ•nt EMmln•r. The name and address oftht examlner DRAFT ACCOUNTS
YMPHONY Iljuty 2023 Total fvnd5 31 luly 2022 Total fund5 Unrestrxted lund5 RestrKted fund Notes INCOMING RE50VRCES Incoming TÈsourres from 8Ènerattd lurKIs Voluntary iTrton)e Othef irKomln8 re50ur¢•s 21.770 18.125 21.770 18.125 42.920 1.961 39.895 44,881 Total iiiciKniry re50iirces 39,895 RESOURCES EMPE14DED 25,849 37,S36 1,176 3,981 39.495 1.080 3.530 Charitable artlvlties Govemance costs Othw resourres expended 11,687 1,176 3,981 16,844 25,849 42.693 44,105 f4Ef INCOW4fj1 ICKITfjOINGI RESOURCES 23.051 125W91 12.7981 776 RECCY40UAT1014 OF FUNOS Total fvnds ts¥ht torward 125,2631 113,7421 12.107 13.742 113,1561 113.9321 115,954 15.954 113,1561
YMPH LAN DED 31 July 2023 Total funds 31 July 2022 Total funds Unrestricted funds Restricted fund Note5 FIXED ASSEf5 Tan8ible assets CURREPIT ASSETS 1.446 ilebtor5 io 1.446 CREDITORS Amounts fallin8 due within one year li 115,9541 115.9541 I14,2) 15,954 15,954 113,156 TOTAL ISSEIS LESS CURRE14T UABILlnES 115,9541 115.9541 113.1561 115.9541 115.954 113.1561 SUNDS Unrestritted fvnd5 Re5trirted fvnds 13 115.9541 I154) 125.2631 TOTAL FUNDS 15.954 13.1561 The fiTranoal staternerts were apwo¥d by the Board of Tntstees on and were 51grd on its behalf Jame5Thompson Trustee Stefan Brown Trustee ml Artyo Trustee
HQNY NOTES TO TH_E FINAN£IAL STATEME FOR THE YEAR ENDÉD 31 IULY 2 ACCOVNnNG POLICIES Accounilng framework ThE Charity constitute5 a public benefit entity a5 defined by FRS 102. The financial statement5 have been prepared in aEtordanie with AccountiD8 and Reporting by Charitie5.' rhe Statement of Retomrnended Pracfice ppliEable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 and ellectwe from l January 2019. the Finantial Rewrting Standard applicable in the United Klngdorn and Republlc of Ireland IFRS 1021, the Charities Act 2011 and UK General Acceptpd Accountin8 Practlce. A55ets and li3bi1it1È5 are initially recogn15ed at hl$torfcal costor trBnsBctlDn value unle55 Otherwise stated in the levant èccovntiy policy iiote below. Incomiry feSOUrtes All intoming re50urce5 are included on the Statement of Flnanclal Artivf(le5 when the chartty is legalty entitled to the income a1 the amount tan be quantlfied with reasonable acc4Jracy. EMpeDditure isaccounted for on an a¢crua15 ba515 and has been clas$5fied under headin8$ th aggregate all cost relared to the category. Where costs cannot be didIY attributed 10 partSculJr headings they have been alk)tated to artiwtie5 on a basis conslstent wr(h the use of resources. fixed assets Depreciation is prowded * the followin8annLo1 rate5 in orderto wrfte off each asset over its estirnaied useful lrfe. FtureS and fftti Computer Equipment 50% of c05t 50% of cost ThÈ Charity is exernpt from tax on its charitsble activftles. FuThl ataxvrtl Unrestriaed funds can be ¢Jsed in accorda whh the charit•ble objectives atthe dlscretkjn of the Trnstee Re5trKtedfuTrds con lYbe used for particular restricted pUr)Se5 within the objeLts of ihe Charity. Restrittions arise when Srfled bytheilonoror when fur¥Js are ra45ed forpartlcukr restrKted pLtrp05es. Furtherexplanion of the naiureand purposeof eath fund 15 Included Inthe notesto theflnarKial tement
SYMPHONY CON NOTE5 TO THE FINANCIAL STATEME FOR THE YEAR ENDED VOWNTARY INCOME 2023 2022 20.381 1.389 12,4271 20.705 Donations Gift aid DonatiDn5- Symphony Schools Irestrdedl Last year an adjustment ol £10,201 w35 m8de for debtors that Should not have been brou8hi for%¥ard frorn the prewou5 year, consequently donation5 were pOu51 overstited. OTHER INCOMING RESOURCES 2023 2022 18.115 1,961 Fundfai5in8 events 18,125 1,961 The •ggre8ate amount of trustee donatK)n5 Without restric110 toihe chadty amounts to Enil12022.. £nill. The a8gre8ate of trustee dmations bytrusteeswlth reArkti¢X)5totherftyJrnoUlf0 Énil12022.. Symphony Unre5tr1rted SthoDIs Totats 24,257 1,250 25.507 Con5ultanty Pco8ramme AUi¥rty Costs 25.849 11.687 37.536
SYMPHONY CONSORT NOTES TO THE FINANCIAL 5fATEMENTS- COIfflM FOR THE YEAR ENDED 31 JULY 202 ED GOVERNAN COSTS 2023 2022 Accountancy lee Independent Examlnerfs fee 540 1,176 OTHER AESOUR(ES EXPENDED 2023 2022 32 663 653 Insurance. ufilitie5. etc Telephone and IT Advert15in8 Bank charges Office costs Meeting costs Depreciatron Other expendfture 12257) 30 1596 1307) 165 3,981 3.530 L35t year an adjustrnent of £9,825 wa5 made for creditors that should not have been brought fon¥ard frorn PTewou5 veaTS. Consequentfy programrne artN(ty costs. teW)ne and office costs were pwousty overstated. TRumES' AEMUNERATIONAND 6ENEFris were no trLtstee tyen5e5 orreMuneratic dudn8the year. io
SYMPHONY CONSORT NOTES TOTHE FINANCIAL STATEMENTS- CONTIN FOR THE YEAR ENDED 31 IULY 201 fo 8. STAFF COSTS There were no staff c05t5 dulln8 the year. 9. TANGIBLE FIXED ASSErs Flxtures & flttlngs Computer equiprnent Totals cosr ORVALUATION At l August 2022 Addition5 At 31 July 2023 3,304 DEPRECIATION At l August 2022 Charge for year At 31 July 2023 NEf BOOK VALUE At 31 July 2023 At 31 July 2022 DEBTOft&. AMOUlnS FAWNG DUE WITHIN ONE YEAR io. 2023 2022 Giftaid 1,446 li (NEDITORS: AM(MJIITS FALUIIG OUE WIThIII ONE YEAR 2023 2022 10,498 5,256 21X) 10.498 Trnde CreilitOf5 Qthercreditors C4sh at bank 24
li YMPHONY CON50RT NOTES T THE FINANCIAL STATE FOR THE YEAR ENDED ENT 12. RELATED PARTY TRANSAcrioNs There were no related party transattions for the year ended 31 2023. 13. MOVEMENT IN FUNDS Net movemenl In Transfers between 31 July 2023 I Au8USt 2022 fuTr(Is ftJnd5 Unrestrlrted fvnds General fund 13,7421 15.9541 25,263 23,051 125,2631 23.501 113.7421 115,9541 Re5trirted fund5 Restritted lund 13.742 12,107 125.8491 TOTAL FUNDS 113.1561 12,3481 115,9541 Net movernent in funds. included inthe abo¥e are as follow5: Incoming Resources ResOUe$ expended Gains and Movement in losses funds UFbrestrSrttd fvnds General fund 39,895 16.844 23,051 Restrfcted fund 125.8491 125.8491 12.7981 TOTAL FUIIDS 39.895 142,693 fSTIUCIED AIP4DS PURPOSES Symphony School funds are raised specificalty for the project, to educate. eqvlp and empower young 8ifted blackiws byprovidin8free cOSubject extra tultlon dasses in Ilnewlththe National Currlculum. 15. GOING CONCERN The charity had a net defKit of E2.79812022 surplus of £7761 for the year ended 31 luty 2023 and has net liabilities of £15,95412022 net liablllties of E13,1561 at the balance sheet date. These conditions Indlcate the existence of some uncertalnty whkh may cast doubt reBardin8 the charitls ablllty to continue as a going concern. The charity has the contlnued support of its trustees and is satisfied that Ihe creditor5 at the balancesheet datewlll contlnue to accept deferral of amounts due to them. 12