## **Trustees' Annual Report for the period** Period start date Period end date **T From** 12 7 2023 **o** 11 7 2024 Section A Reference and administration details ~~eee~~ **Charity name** SONGBOUND ~~pO~~ **Other names charity is known by** |**Registered charity number (if any)**1170427
~~|~~|**Registered charity number (if any)**1170427
~~|~~|**Registered charity number (if any)**1170427
~~|~~||| |---|---|---|---|---| |**Charity's principal address**||17 OAK HALL ROAD||| |||WANSTEAD||| |||LONDON||| |||**Postcode**||**E11 2JT**| ## **Names of the charity trustees who manage the charity** **Trustee name Office (if any)** **Dates acted if not for Name of person (or body) entitled whole year to appoint trustee (if any)** 1 JOE WALTERS 2[NINA KANTER] 3[OLIVER HUNT] 4[RATNA ] MERUGUMALLA ## **Section B Structure, governance and management** eee **Description of the charity’s trusts** Type of governing document[Constitution] ~~pO~~ **TAR** 1 March **2012** March **2012** (eg. trust deed, constitution) How the charity is constituted Charitable incorporated organisation (eg. trust, association, company) Trustee selection methods Appointed by trustees (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. The trustees assess and approve/deny proposals for charity initiatives. Songbound’s previous partnership with Salaam Bombay Foundation, based in Mumbai, India, came to end in 2020, due to concerns from Salaam Bombay about recent regulatory changes in India regarding working with overseas charities. This change has led to the trustees considering how to accelerate plans for establishing a charity in India to run Songbound projects directly. This has been a long term ambition for the trustees. However, there have been significant challenges during recent financial years, and this year, due to the regulatory environment for overseas funded projects in India, and COVID-19. COVID-19 forced the pause of lessons for the children that Songbound was previously funding, and it has been difficult to recover from there. During this period that trustees have taken the opportunity to reflect on the future of the charity, improve safeguarding processes and documentation and continue the search for trustees of the new charity in India. The new regulatory burdens of being a role of an Indian charity receiving funds from overseas has hampered our search in finding suitable and willing candidates for the new Indian charity. During this period in particular the trustees have explored options for closing down the charity and distributing its funds. ## **Section C Objectives and activities** |**Summary of the objects of the**
**charity set out in its governing**
**document**|Our charitable objects are: “to advance the education of the public by
encouraging the understanding, appreciation and development of
music in India and Sri Lanka”.
This means we exist to:
- provide psychological and physical relief for very disadvantaged
children through regular and ongoing singing in choirs
- provide professional training and employment opportunities for local
adult musicians so that they can become leaders of their own
children’s choirs
- provide workshop and leadership opportunities in India and Sri Lanka
for expert practitioners in music education and performance
- provide a broad and non-denominational curriculum of varied music
from around the globe.|| |---|---|---| March **2012** **TAR** 2 - provide the opportunity for children to feel empowered through the composition of their own music and lyrics When planning our activities for the year, Trustees referred to the Charity Commission’s guidance on public benefit and our own agreed objectives to aid decision-making. The main activities undertaken for the public benefit were as follows, but had to be adapted due to COVID-19 restrictions: - As stated above, unfortunately during this period the charity’s work in Mumbai had to be paused due to the closure of schools and community centres (where singing sessions usually take place) due to COVID-19. The trustees have been making plans to restart the sessions as soon as possible after the schools and centres reopen, or alternatively to focus our efforts on finding founding trustees to set up an Indian charity which could take over these activities, and local fundraising, directly. - Given the challenges mentioned above, the charity undertook no significant activities this year. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** March **2012** **TAR** 3 **----- Start of picture text -----**
N/A
**----- End of picture text -----**
You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Section D Achievements and performance March **2012** **TAR** 4 ## Section D Achievements and performance > **Summary of the main achievements of the** See above **charity during the year** March **2012** **TAR** 5 ## **Section E Financial review** Songbound has few regular administrative expenses, each of which is **Brief statement of the charity’s** small. It does not employ staff or have premises, and all governance **policy on reserves** resources are donated in kind by the trustees. On that basis the reserves can be set lower than a charity with higher regular expenses, and the trustees have set the level at 5% of income. Given that the income for the current reporting period was lower, the trustees met this reserves policy and held excess cash above this reserve amount. The trustees are examining whether this reserves policy is still appropriate. **Details of any funds materially** No funds were materially in deficit. **in deficit** ## **Further financial review details (Optional information)** There was very little movement in the charity’s finances this year, given You **may choose** to include the pause in operations. Overall, the charity made a small loss this year additional information, where (£156), meaning it has year end funds of £24,951. relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## N/A ## **Section G Declaration** March **2012** **TAR** 6 **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s) [Joe Walters] Oliver Hunt
es
Position (eg Secretary, Trustee Trustee
Chair, etc)
es
Date 10 May 2025
Fo
**----- End of picture text -----**
March **2012** **TAR** 7 |||||**Songbound**||||||**1170427**|**1170427**||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||**Receipts andpayments accounts**
Period start date
**To**
Period end date
7/12/2023
7/11/2024
**For the period**
**from**
~~ee~~
~~ee~~||||||||||||**CC16a**| |**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**|||||||||||||| |Cash funds b/fwd||||**25,107**|||**-**||**-**||**25,107**||**24,989**| |Donations||||**331**|||**-**||**-**||**331**||**611**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |**_Sub total_**(Gross income for AR)||||**25,438**|||**-**||**-**||**25,438**||**25,600**| |**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_ 25,438**
**-**
**-**
**25,438**
**25,600**
**A2 Asset and investment sales,**
**(see table).**
~~—————~~|||||||||||||| |**A3 Payments**|||||||||||||| |Website||||**-**|||**-**||**-**||**-**||**50**| |Travel||||**-**|||**-**||**-**||**-**||| |Administration, payments to contractors,|||||||||||||| |sundry||||**-**|||**-**||**-**||**-**||**130**| |Insurance||||**487**|||**-**||**-**||**487**||**402**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |||||**-**|||**-**||**-**||**-**||**-**| |**_Sub total_ **||||**487**|||**-**||**-**||**487**||**582**| |**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_ 487**
**-**
**-**
**487**
**582**
**A4 Asset and investment**
**purchases, (see table)**
~~—————~~|||||||||||||| |**_Net of receipts/(payments)_ **
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_ **||**24,951**
**-**
**-**
**24,951**
**25,018**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**24,951**
**-**
**-**
**24,951**
**25,018**
~~===>>~~|||||||||||| |**Section B Statement of assets and liabilities at the end of the period**
~~a~~|||||||||||||| ||||||||||**Unrestricted**||**Restricted**||**Endowment**| |**Categories**||||**Details**|||||**funds**||**funds**||**funds**| ||||||||||**to nearest £**||**to nearest £**||**to nearest £**| ## **B1 Cash funds** |**B1 Cash funds**||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |**B1 Cash funds**|||**24,951**|**24,951**||**-**|**-**||**-**|**-**| ||||**-**|**-**||**-**|**-**||**-**|**-**| ||||**-**|**-**||**-**|**-**||**-**|**-**| ||**_Total cash funds_**||**24,951**|**24,951**||**-**|**-**||**-**|**-**| ||(agree balances with receipts and payments
account(s))|(agree balances with receipts and payments|OK|||OK|||OK|| |Signed by one or two trustees on
behalf of all the trustees|Signature|||Print Name|Print Name|||||Date of
approval| |||||Oliver Hunt||||||10-May-25| |||||Joe Walters||||||| |||||||||||10-May-25|