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← Oedipa

2024-07-31-accounts

Trustees’ Annual Report for the period

Period start date: 01.08.2023

Period end date: 31.07.2024

Charity name: OEDIPA Charity registration number: 1171656

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The object of the CIO is: to advance and
maintain public education in, and
appreciation of, opera, music theatre and
the performing arts, in particular but not
exclusively by the creation and presentation
of opera and theatre productions and the
provision of accompanying participatory
workshops and training opportunities.
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 charity was focused on two principal
projects to further its objective:
Aphasia New Music Group(ongoing)
After extending the timeframe of a grant
from Arts Council England’s National Lottery
Project Grants programme, the charity
delivered regular co-creative music
workshops for adults with aphasia in
London, in collaboration with the UCL
Communication Clinic and Second
Movement. These culminated in two
performances at Lumen in Bloomsbury,
London.
After Artistic Director Finn Beames was
awarded the Oxford Samuel Beckett
Theatre Trust Award 2024, the charity
began pre-production for performances of
an original music theatre work, scheduled to
take place at the Barbican in autumn 2024.
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 read the guidance
documents provided by the Charity
Commission.

Additional information (optional)

SORP reference
Policy on grant making Para 1.38 The CIO does not make grants.
Policy on social investment
including program related
investment		 Para 1.38 The CIO has not made social investments.
Contribution made by
volunteers		 Para 1.38 The appointed artistic director of the charity
volunteers their time in bookkeeping,
fundraising, communications and general
administration.

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
In continuing to run the Aphasia New Music
Group (ANMG), the charity further
developed the use of music making as a
tool for creative expression for
communication disabled adults, as well as
exploring its potential for integration into
speech and language therapy. The charity
strengthened links with the UCL
Communication Clinic, and collaborated on
a successful application to the Co-
Production Collective’s Measuring Success
programme. This enabled a group of ANMG
members to begin co-producing an
accessible evaluation tool, which will be
used in future to measure the impact of
ANMG sessions.
The Aphasia New Music Group unites
people with aphasia (PWA), professional
musicians, and speech and language
therapists (SLTs). Facilitators support
individuals to write lyrics, compose, use
their voices and play instruments, always
led by the interests and experiences of
group members. This work offers a range of
additional benefits which integrate well with
PWAs’ ongoing therapy in clinical settings.
In April 2024, the charity mounted two
performances for the ANMG at Lumen in
Bloomsbury, London. These showcased
recent compositions and the personal
stories of group members, and were also
filmed for remote audiences. Following the
attendance of a private philanthropist at one
performance, the charity is now discussing
a possible multiyear support package to
enable a three-year extension of the ANMG.
In January 2024, the charity’s Artistic
Director Finn Beames was awarded the
Oxford Samuel Beckett Theatre Trust
Award, a prestigious prize for experimental
performance practice. The charity has
undertaken to produce the winning proposal
at the Barbican’s Pit Theatre in October
2024, and will receive and manage the
awarded production budget accordingly.
The charity is also pursuing additional
support to increase this budget, from
funders such as the Garrick Charitable Trust
and Maria Björnson Memorial Fund. After
appointing Creative Producer Claire
Shovelton to the project, the charity is now
in pre-production, putting together a cast
and creative team, drawing up schedules
and working with the Barbican on press and
marketing campaigns.
Quiet Songs, the winning proposal, is an
original work of music theatre written,
composed and directed by Finn Beames.
Uniting an actor and string quartet, the
piece will use an armoury of swords as
musical instruments.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The ANMG was continued via the remainder
of our Arts Council England funding, while
project partner Second Movement
committed a further £10,000 (this was kept
in their own bank account and we diverted
certain invoices to them, for example
facilitator fees or the performance venue).
The charity will receive £50,000 from the
Oxford Samuel Beckett Theatre Trust to
produce_Quiet Songs_at the Barbican, with
additional sums available for access costs
and accounting. These monies will be
received in instalments, continuing into the
next financial year.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Reserves are minimal. As the charity
operates on a project basis, a small amount
of funds in reserve is helpful to ensure that
any costs not related to a specific project
can be met. The small amount of reserve
funding held at the end of the period is not
currently cause for concern, as the charity’s
activities going forward are exclusively the
continuation of the above mentioned project,
which has no overhead costs at present.
Amount of reserves held Para 1.22 £129
Reasons for holding zero
reserves		 Para 1.22 Not applicable
Details of fund materially in
deficit		 Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 Not applicable

Additional information (optional)

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 As an arts-focused organisation, the charity
often seeks funding from Arts Council
England and has been successful on
multiple occasions. The charity has also
been in receipt of funds from Jerwood
Foundation, the Federation of European
Neuroscience Societies, and through in-kind
support from partners such as UCL’s
Communication Clinic.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 The charity has not invested and
accordingly has no investment policy.
A description of the principal
risks facing the charity		 Para 1.46 The charity operates on a project basis, with
no employed staff and no premises to
maintain. There is very little risk in terms of
funding streams, as each project is
budgeted separately and usually has
restricted funds.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document Para 1.25 The charity has a foundation constitution.
How is the charity
constituted?		 Para 1.25 The charity is a CIO
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 Eligibility for trusteeship
(a) Every charity trustee must be a natural
person.
(b) No individual may be appointed as a
trustee of the CIO:
‣if they are under the age of 16 years; or
‣if they disqualified from acting as a charity
trustee by virtue of section 178- 180 of the
Charities Act 2011 (or any statutory re-
enactment or modification of that provision).
(c) No-one is entitled to act as a charity
trustee whether on appointment or on any
re-appointment until they have expressly
acknowledged, in whatever way the CIO
trustees decide, their acceptance of the
office of charity trustee.
Number of charity trustees
(a) There must be at least three charity
trustees. If the number falls below this
minimum the remaining trustee or trustees
may act only to call a meeting of the charity
trustees, or to appoint a new charity trustee.
5 of 19
(b) The maximum number of charity
trustees is nine. The charity trustees may
not appoint any charity trustee if as a result
the number of charity trustees would
exceed the maximum.
Appointment of charity trustees
(a) Apart from the first charity trustees,
every trustee must be appointed by a
resolution passed at a properly convened
meeting of the charity trustees.
(b) In selecting individuals for appointment
as charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.

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 Information for new charity trustees
The charity trustees will make available to
each new charity trustee, on or before their
first appointment:
(a) a copy of the current version of the
foundation constitution; and
(b) a copy of the charity’s latest Trustees’
Annual Report and Statement of Accounts.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 The trustees oversee an Artistic Director,
who manages the day-to-day running of the
charity, as well as selecting creative projects
to be approved and evaluated by the
trustees against the charity’s object.
Relationship with any related
parties		 Para 1.51 The charity has no formal relationships with
other parties (apart from agreements made
with funders). However, the charity has
worked in partnership with other small
organisations in the furthering of its object,
such a Second Movement (an arts
organisation offering a financial contribution
to the project, administrative support and
consultation). In the period the charity also
worked with the UCL Communication Clinic,
a world-leader on serving people with
aphasia.

Reference and Administrative details

Charity name OEDIPA
Other name the charity uses None
Registered charity number 1171656
Charity’s principal address 20 Homefield, Stroud, GL6 0SP

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or
body) entitled to
appoint trustee (if any)
1
2
3		 Sarah Blowers Chair
Fra Rustumji
Alexandra Temple

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

Not applicable

Name of trustees holding title to property belonging to the charity

Not applicable

Funds held as custodian trustees on behalf of others

Not applicable

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

==> picture [67 x 254] intentionally omitted <==

Signature Full name Sarah Blowers Position Chair Date 25.05.2025

==> picture [36 x 324] intentionally omitted <==

REGSTERED CHARITY NUMBER:1171656

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Oedipa

Oedipa Financial Statements for the Year Ended 31 July 2024

Contents of Financial Statements

Page
Independent Examiner’s Report 2
Report of the Trustees 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 7
Detailed Statement of Financial Activities 8

Registered Number:- 1171656

Oedipa

Independent examiner’s report to the trustees of Oedipa for the Year Ended 31 July 2024

I report on the accounts of the Trust for the year ended 31 July 2024, which are set out on pages 2 to 8.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:-

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to the matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Richard Brooks Leonis Accountants Limited

Page 2

Registered Number:- 1171656

Oedipa

Report of the Trustees for the Year Ended 31 July 2024

The trustees present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities” issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number

1171656

Trustees

Sarah Blowers Francesca Logi Fra Rustumji Alexandra Temple

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The charity is controlled by its governing document, a cons6tu6on, and is a charitable incorporated organisa6on. The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk Management

The trustees have a duty to identify and review the risks to which the charity if exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

25.05.2025

Approved by order of the board of trustees on………………………………… and signed on its behalf by:

………………………………..

S Blowers Chair or Trustees

Page 3

Registered Number:- 1171656

Oedipa

Statement of Financial Activities for the Year Ended 31 July 2024

INCOMING RESOURCES
Incoming Resources from generated
funds
Voluntary income
RESOURCES EXPANDED
Charitable activities
Production
Governance costs
Other resources expended
Total resources expended
NET INCOMING/(OUTGOING)
RESOURCES
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
RESOURCES EXPENDED		 Unrestricted
Funds
£
-
-
-
-
-
-
129
129		 Restricted
Funds
£
27,183
40,884
544
-
41,428
(14,245)
22,354
8,109		 31.07.2024
Total Funds
£
27,183
40,884
544
-
41,428
(14,245)
22,483
8,238		 31.07.2023
Total Funds
£
60,806
39,365
697
-
40,062
20,747
1,738
22,483

Page 4

Registered Number:- 1171656

Oedipa

Balance Sheet

for the Year Ended 31 July 2024

Notes
CURRENT ASSETS
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
4
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
5
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
£
129
129
( - )
129
129
129		 Restricted
Funds
£
8,309
8,309
(200)
8,109
8,109
22,354		 31.07.2024
Total Funds
£
8,438
8,438
(200)
8,238
8,238
8,238
8,238
8,238		 31.07.2023
Total Funds
£
22,683
22,683
(200)
22,483
22,483
22,483
22,483
22,483

25.05.2025 The financial statements were approved by the Board of Trustees on………………………… and were signed on its behalf by:

……………………………………

S Blowers Chair or Trustees

Page 5

Registered Number:- 1171656

Oedipa

Notes to the Financial Statements for the Year Ended 31 July 2024

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all the cost relating to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 July 2024 or 31 July 2023.

Trustees expenses

There were no trustees’ expenses paid for the year ended 31 July 2024 or 31 July 2023.

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals and deferred income 2024
£
200
200		 2023
£
200
200

Page 6

Registered Number:- 1171656

Oedipa

Notes to the Financial Statements for the Year Ended 31 July 2024

4. STATEMENT OF MOVEMENTS

Opening
funds
£
Restricted funds
22,353
Unrestricted funds
129
TOTAL FUNDS
22,483
et movement in funds, included in the above are as follows:
Incoming
Resources
£
Restricted fund
Unrestricted fund
27,183
-
TOTAL FUNDS
27,183		 Net movement
in funds
At
31.07.2024
£
£
(14,244)
8,109
-
129
(14,244)
8,238
Resources
expended
Movement in
funds
£
£
(41,427)
-
14,244
-
(41,427)
14,244

Net movement in funds, included in the above are as follows:

Page 7

Registered Number:- 1171656

Oedipa

Notes to the Financial Statements for the Year Ended 31 July 2024

INCOMING RESOURCES
Voluntary income
Restricted grants
Show income
Miscellaneous income
Total incoming resources
RESOURCES EXPENDED
Charitable activities
Artist costs
Production costs
Storage costs
Support costs
Accountancy
Insurance
Bank charges
Telephone
Travel and accommodation
Sundries
Total resources expended
Net Income/(expenditure)		 2024
£
£
27,183
-
-
27,183
27,183
-
40,883
-
40,883
150
394
-
-
-
-
544
41,427
(14,244)		 2024
£
£
27,183
-
-
27,183
27,183
-
40,883
-
40,883
150
394
-
-
-
-
544
41,427
(14,244)		 2023
£
£
60,806
-
-
60,806		 2023
£
£
60,806
-
-
60,806
60,806
27,183
40,883
544		 -
39,365
-
200
497
-
-
-
-		 60,806
39,365
697
41,427 40,062
(14,244) 20,744

Page 8