Registered charity number: 1167266 Registered Company number 9675115
The Outcry Ensemble (a Charitable Company Limited by Guarantee)
Financial Statements
For the year ended 30 December 2024
The Outcry Ensemble (a Charitable Company Limited by Guarantee)
CONTENTS
| Page | |
|---|---|
| Administrative information | 2 |
| Report of the trustees | 3 |
| Independent examiner’s report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 |
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The Outcry Ensemble
ADMINISTRATIVE INFORMATION
| Trustees | Richard Humphreys (Chairman) |
|---|---|
| The Rt. Hon. Sir Richard Aikens | |
| Paul Ashley | |
| Elizabeth Erickson | |
| James Henshaw | |
| Lindsay Henshaw | |
| Peter O’Connor | |
| Gavin Millar KC | |
| Charity number | 1167266 |
| Company number | 09675115 |
| Registered office | Redhill Chambers |
| 2d High Street | |
| Redhill | |
| Surrey | |
| RH1 1RJ | |
| Independent examiner | David Wheeler FCCA |
| Cheeld Wheeler & Co | |
| Chartered Certified Accountants | |
| Redhill Chambers | |
| 2d High Street | |
| Redhill | |
| Surrey | |
| RH1 1RJ | |
| Bankers | Nat West Bank plc |
| 250 Bishopsgate | |
| London | |
| EC2M 4AA |
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The Outcry Ensemble
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 DECEMBER 2024
The trustees (who are also directors of the charitable company) present their report together with the independently examined financial statements for the year ended 30 December 2024. The report of the trustees is prepared to meet the requirements for a directors’ report for company law purposes.
The Outcry Ensemble is a charitable company registered with the Charity Commission, and at Companies House. The charity number, company number, principal addresses and details of professional advisors are included in the administrative information on page 2.
Constitution, objectives and activities
The charitable company was incorporated as a private company limited by guarantee on 16[th] June 2015 as amended by a special resolution dated 29[th] March 2016
The charity’s objects are to advance, improve, develop and maintain public education in, and appreciation of, the art of classical music among the people and communities of London and the surrounding area. The objects are achieved by the arranging classical music concerts in the London area.
The trustees confirm that they have referred to the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the grant making policy for the year. The trustees consider that the Trust’s activities are for the benefit of the public generally.
Organisational structure and recruitment of trustees
The charity is managed by the trustees who are appointed by existing trustees, and are selected on the basis of the particular skills that the potential trustees can offer. The board of trustees meet a minimum of twice a year.
All trustees receive an induction pack containing the charity’s key documents and attend at least one meeting a year. Throughout the year, trustees receive regular updates on the activities of the charity. Trustees are also strongly encouraged to visit the projects themselves.
Achievements and performance
This year has been a huge step forward for The Outcry Ensemble. The Orchestra has professionalised and we have made enormous progress in the quality of administration. The Orchestra performed 3 selfpromoted concerts as part of the series entitled “Music for a Great City” at Sinfonia Smith Square London with two of these concerts being large scale concerts with choirs and the third simply a large scale orchestral concert. We had a wonderful success in terms of our Outreach. We performed two performances of Thomas Guthrie’s production of “Die Schöne Müllerin” and also provided a small orchestra for Music Theatre for All’s production of “This is our street” in Lewisham. As well as these Outreach performances, we also performed for Johnny and Jill Aisher’s anniversary, both longtime supporters of the Orchestra.
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The Outcry Ensemble
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 DECEMBER 2024 (cont’d)
Future plans
This year we expect and hope to continue the orchestra’s growth. We have four selfpromoted concerts in the diary, all programmed within the series “Outcry – Outloud”, a series of concerts celebrating gay composers. On top of this we have already applied and been successful in joining the ABO (Association of British Orchestras) as a category 2 Orchestra and raised our Musician fees to union minimums. We aim to also expand our Education and Outreach work, mainly through collaborations with other organisations.
Financial review
Total income for the year amounted to £105,549 (2023 - £61,115). Expenditure amounted to £96,341 (2023 - £65,819). This results in a surplus for the year of £9,208 (2023 – deficit of £4,704). As at the year end the charity had reserves of £5,000 (2023 – £-4,208).
Reserves policy
The orchestra uses unrestricted reserves for its main charitable activity, namely performing concerts. The main costs are the performance fees paid to the performers. Restricted reserves can only be used for purpose specified by the provider of those specific funds.
The trustees’ policy is to generate a level of reserves which will provide a stable base for its continuing activities while at the same time ensuring that funds are not accumulated.
Risk management
The trustees have assessed the major risks to which the charity is exposed and in particular those relating to the specific operational areas of the charity and its finances. The trustees believe that by ensuring controls exist over key financial systems and by examining the operational and business risks faced by the charity, they have established effective systems to mitigate those risks.
Trustees
The following trustees have held office during the year:
Richard Humphreys The Rt. Hon. Sir Richard Aikens Paul Ashley Elizabeth Erickson James Henshaw Lindsay Henshaw Gavin Millar KC Peter O’Connor
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The Outcry Ensemble
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 DECEMBER 2024
(cont’d)
Trustees’ responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Account Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial period which gives a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charitable organisation for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Statement of Recommended Practice (Accounting and Reporting by Charities – the Charities SORP);
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable organisation’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable organisation and to enable them to ensure that the financial statements comply with the Charities Act. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 26/08/2025 and signed on their behalf by:
Richard Humphreys
Trustee
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The Outcry Ensemble
INDEPENDENT EXAMINER’S REPORT
I report to the trustees on my examination of the accounts of The Outcry Ensemble (“the Charity”) for the year ended 30 December 2024 on pages 7 to 11.
Responsibilities and basis of report
As the charity's trustees, 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 Trust’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 which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
David Wheeler FCCA
Date:
Independent examiner
Cheeld Wheeler & Co Chartered Certified Accountants Redhill Chambers 2d High Street Redhill Surrey RH1 1RJ
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The Outcry Ensemble
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 DECEMBER 2024
| Notes Income Donations and grants Charitable activities Other Total income 2 Expenditure on Charitable activities Direct costs Support costs Total expenditure 3 Net income/ (expenditure) and net movement in funds for the year Reconciliation of funds: Brought forward 1 January 2024 Balance carried forward at 31 December 2024 |
Unrestricted funds £ 50,755 12,229 24,119 87,099 73,218 4,673 77,891 9,208 (4,208) 5,000 |
Restricted funds £ 18,450 - - 18,450 18,450 - 18,450 - - - |
2024 Total funds £ 69,205 12,229 24,119 105,549 91,668 4,673 96,341 9,208 (4,208) 5,000 |
2023 Total funds £ 46,383 1,420 515 |
|---|---|---|---|---|
| 61,115 | ||||
| 64,867 952 |
||||
| 65,819 | ||||
| (4,704) 496 |
||||
| (4,208) |
There are no recognised gains or losses other than those passing through the statement of financial activities, which has been prepared on the basis that all operations are continuing operations.
The notes on pages 9 to 11 form part of these financial statements.
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The Outcry Ensemble Company number 9675115 BALANCE SHEET AS AT 30 DECEMBER 2024
| Notes Current assets Debtors Cash at bank and in hand Total current assets Creditors: amounts falling due within one year 4 Net current assets (liabilities) Net assets (liabilities) The funds of the charity 6 Unrestricted funds Restricted funds Total funds |
£ 8,040 1,995 10,035 5,035 |
2024 £ 5,000 £5,000 5,000 - **£5,000 ** |
£ - 827 827 5,035 |
2023 £ (4,208) |
|---|---|---|---|---|
| £(4,208) | ||||
| (4,208) - |
||||
| £(4,208) |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30[th] December 2024.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30[th] December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
Richard Humphreys – Chairman James Henshaw Trustee Trustee
Date: 26/08/2025
The notes on pages 9 to 11 form part of these financial statements.
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The Outcry Ensemble NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2024
The charity is registered in England and Wales as a company limited by guarantee, number 9675115. The registered office is as shown on page 2.
1. Accounting policies
A summary of the principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the accounts are laid out below.
1.1 Basis of preparation
These financial statements have been prepared for the year ended 30 December 2024.
These financial statements are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (Charities SORP FRS 102) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The accounts are presented in sterling and are rounded to the nearest pound.
1.2 Critical accounting estimates and areas of judgement
Preparation of the accounts requires the trustees and management to make significant judgements and estimates.
The items in the accounts where these judgements and estimates have been made include:
- Estimating the liability for accruals
1.3 Assessment of going concern
The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect of a period of one year from the date of approval of these accounts.
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
1.4 Income
Grants and donations receivable are accounted for as soon as their amount and receipt are reasonably certain. In the case of unsolicited donations, they are usually only accounted for when received.
All other income is accounted for under the accruals basis.
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The Outcry Ensemble
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30 DECEMBER 2024
1.5 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to each category.
Costs of generating funds expenditure is detailed at note 3, and comprises the costs associated with attracting voluntary income and any fundraising events.
Charitable expenditure is detailed in note 3, and comprises those costs incurred by the charity in the delivery of its activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature to support them.
1.6 Related party transactions
There were no related party transactions during the year.
1.7 Cash at bank and in hand
Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition.
1.8 Creditors and provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the charity anticipates it will pay to settle the debt. They have been discounted to the present value of the future cash payment where such discounting is material.
1.9 Accumulated funds
Unrestricted funds are donations and other income receivable for the objects of the charity without further specific conditions and are available as general funds.
1.10 Taxation
The Outcry Ensemble is a registered charity and therefore is not liable to income tax or corporation tax derived from its charitable activities, as it falls within the various exemptions available to registered charities.
2. Income
| Donations Grants Orchestral tax Ticket sales Gift Aid Other income |
2024 £ 33,888 25,450 24,117 12,227 9,867 - £105,549 |
2023 £ 36,208 - - 14,217 10,175 515 |
|---|---|---|
| £61,115 |
Included in grant income is £18,450 for restricted purposes.
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The Outcry Ensemble
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30 DECEMBER 2024
| 3Total expenditure Charitable activities Charitable activities Direct costs Personnel costs Creative and production costs Fundraising and promotion Support costs Bank charges Professional fees – tax advice Examiner’s fee 4Creditors: amounts falling due within one year Other creditors |
Direct Costs £ 91,668 |
Support Costs £ 4,673 |
Total 2024 £ 96,341 69,101 18,967 3,600 91,668 23 3,540 1,110 4,673 2024 5,035 5,035 |
Total 2023 £ 65,819 |
|---|---|---|---|---|
| £ 43,045 18,001 3,821 |
||||
| 64,867 | ||||
| 52 - 900 |
||||
| 952 | ||||
| 2023 5,035 |
||||
| 5,035 |
5. Employees
The charity did not employ any staff during the year (2023- nil).
6. Trustees’ remuneration and expenses
The trustees gave their time freely and are unpaid. None of the trustees claimed any expenses in the year (2023 – none).
7. Related party transactions
There are no related party transactions that require disclosure.
8. Donations from trustees
During the year, donations of £6,200 were received from the trustees.
9. Volunteers
The executive committee which is made up f two members of the orchestra, the manager and a consultant give their time freely and make an invaluable contribution to operation of the charity .
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The Outcry Ensemble
DETAILED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 DECEMBER 2024
| INCOME Donations received Grants received Gift aid Orchestral tax Ticket sales Other EXPENDITURE Performers fees Venue hire PRS fee Instrument and music hire Film & video costs Ticket sales commission Advertising and programme Administration fees Professional fees Examiners fees Sundry expenses Bank charges Net surplus/ (deficit) |
2024 £ 59,711 13,387 815 1,701 3,064 2,151 775 81,604 9,390 3,540 1,110 674 23 14,737 |
£ 33,888 25,450 9,867 24,117 12,227 - 105,549 (96,341) 9,208 |
2023 £ 37,145 15,387 - 1,315 1,300 2,274 1,118 58,539 5,900 - 900 428 52 7,280 |
£ 36,208 - 10,175 - 14,217 515 |
|---|---|---|---|---|
| 61,115 (65,819) |
||||
| (4,704) |
These notes are for the trustees use only
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