2023-10-31-accounts - Corbridge Chamber Music Festival

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Trustees’ Annual Report for the period

From 1/11/2022 Period start date To 31/10/2023 Period end date

Charity name: Corbridge Chamber Music Festival

Charity registration number: 1171185

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The advancement of public education in the arts, in particular the art of chamber music, by the organisation of chamber music festivals in Corbridge in the county of Northumberland.
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	A Fund Raising Concert in February and the Festival held July 27-30 in Corbridge brought a variety of chamber music to that rural community. To celebrate this 25thFestival a larger number of top class musicians were invited and gave a range of concerts introducing many unfamiliar works as well as the standard repertoire. There was also a master class for three young local flautists from which they and their audience greatly benefited.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had regard to the guidance issued by the Charity Commission on public beneft.

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

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

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	Corbridge Chamber Music Festval presented four days of concerts and a masterclass for young musicians across four days in July 2023, celebratng 25 years of bringing chamber music to this largely rural part of Tynedale in Northumberland. Joining the Artstc Directors, the Gould Piano Trio and Robert Plane, were the largest number of guest musicians the festval had ever invited, which enabled a huge range of diverse repertoire. Alongside mainstream pieces such as Mozart Clarinet Quintet, Oboe Quartet and Beethoven Septet, many lesser-known works were presented. Women composers were well represented, with works by Farrenc, Lili Boulanger, Anna Meredith, Valerie Coleman and Sarah Jenkins. Composers of colour were also central to the programming, with works by Coleridge Taylor, Coleman and Paquito D’Rivera prominently included. Repertoire ranged from the baroque to world premieres, embracing a wide range of styles in between including American Song Book works by Gershwin, Cole Porter and Jerome Kern. The festval’s ongoing commitment to supportng young musicians took the form of a free masterclass for three young fute players from the North-East with the world-renowned fute player Adam Walker.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising

activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Due to the number of musicians invited to celebrate 25 years of the Festival a substantial loss of over £4000 was made. However, the healthy reserve from the previous year meant this was not a problem.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held to cover any losses incurred by employing world class musicians in future years
Amount of reserves held	Para 1.22	£19491
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Consttuton
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisaton
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by existng 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
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Corbridge Chamber Music Festival
Other name the charity uses
Registered charity number	1171185
Charity’s principal address	71 Heath Road Glossop SK13 7BA

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Benjamin Frith	Chairman
Maureen Cox	Secretary
Robert Plane	Treasurer
Ellen Arkless
Tim Cox
Jane Dickinson
Jo Winstanley		11/10/23 – 31/10/23

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

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Maureen Cox

Position (eg Secretary, Secretary Chair, etc)

Date

03/07/2024

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Charity Name No (if any) Corbridge Chamber Music Festival 1171185

Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 01/11/22 31/10/23

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts Fund RaisingConcert 1,292 Donations 8,108 Gift Aid 1,305 Festival Tickets 13,157 Programmes & Interval Drinks 1,694 - - - 25,556 - - Sub total - Total receipts 25,556 A3 Payments Fund raising Concert Expenses 372 Artists Fees & Expenses 21,042 Venue Hire 1,500 Piano Hire,Insurance & Tuning 1,754 Drinks for interval & receptions 635 Food for artists & receptions 757 Website 1,295 Publicity & Programmes 840 Administration 1,000 Stationery & Sundries 232 Insurance 215 Bank Charges 94 Sub total 29,736 - - Sub total - Total payments 29,736 Net of receipts/(payments) - 4,180 A5 Transfers between funds - A6 Cash funds last year end 23,672 Cash funds this year end 19,492 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £	Last year to the nearest £
		-	1,292 8,108 1,305 13,157 1,694 - - - 25,556	-
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			25,556
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		-	372 21,042 1,500 1,754 635 757 1,295 840 1,000 232 215 94 29,736	-
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		-	- 4,180 - 23,672 19,492	-
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Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Details Details Details Details Signature *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ - - - - - - 19,491 - OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Maureen Cox Unrestricted funds Restricted funds ~~Agreement~~ Error Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
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			OK
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			Date of approval
		Maureen Cox	03/07/24

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the trustees/ Charity Name members of Corbridge Chamber Music Festival On accounts for the year 31/10/2023 Charity no 1171185 ended (if any) Set out on pages 6-7 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 10 / 2023 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 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:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 19/06/2024 Signed: Name: Aidan Beck Relevant professional Member of the Institute of Chartered Accountants in England and Wales qualification(s) or body (ICAEW) (if any): Address: 10 Thirlmere Birtley DH3 2JY

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER