**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
## **OBJECTIVES AND ACTIVITIES**
The CIO was established to promote, maintain, improve and advance the education of the public in the arts, culture, and heritage, and in particular (but without prejudice to the generality of the foregoing), the arts of orchestral, choral and other music.
Since the previous Annual Report (and since our founding) there has been no change to the CIO’s principal charitable objectives and activities, which are:
1. the organisation and/or presentation of concerts of high educational and artistic merit, conferences, lectures and recordings;
2. the organisation and presentation of concerts and collaborations with schools and other places of education; and
3. the organisation and presentation of such other events and performances as the Board of Directors shall from time to time determine.
This includes the organisation and promotion of concerts and the facilitation and organisation of other engagements such as workshops, lectures, and recordings in the United Kingdom and abroad. Alongside the core performances, the CIO is committed to providing additional opportunities for professional development and education through complementary projects and mentoring. In furtherance of these objectives the CIO engages international singers and instrumentalists, artists, performers and repetiteurs; additionally, the CIO engages skilled professional and technical advisers such as language and vocal coaches, musicologists, historians, and keyboard technicians.
The Trustees have reviewed the Charity’s objectives and activities and acknowledged that they have paid due regard to the public benefit guidance published by the Charity Commission as noted in Section 4 of the Charities Act 2011. The CIO fulfilled its objectives by presenting 55 concerts and other performances. The Choral Scholarship scheme was in place for this period, and five full scholarships were offered between September 2024 and August 2025. The Trustees express the objectives in a ‘Mission Statement’ and monitor its activities/initiatives against this.
## **ACHIEVEMENTS AND PERFORMANCE**
From 1st September 2024 to 31st August 2025, the Oxford Bach Soloists gave 23 concerts to a total of 11,215 audience members (4,979 in person, 6,236 online). They also took part in 32 workshops and masterclasses. The activities were as follows:
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
## Own-promoted Live Performances
- 1 live concert in St John the Evangelist Church, Oxford, entitled ‘Nun Komm’, directed by Eamonn Dougan, with the aim of relaunching the charity’s activity following the resignation of the Founding Artistic Director. (December 2024)
- 2 live concerts performing the yearly J.S. Bach’s Christmas Oratorio, directed by now Artistic Director, Steven Grahl, one in St John the Evangelist Church, Oxford, and one in St James’s Church, Piccadilly, London. (January 2025).
- 2 live concerts, as part of the choral scholars’ series, one in St John the Evangelist Church, Oxford directed by principal organist, Dónal McCann, and one in St Peter’s College Chapel, Oxford, directed by Quintin Beer. This series was designed: to provide a platform for the choral scholars to perform together; to provide an opportunity to alternative conductors to work with the group whilst we were looking for a new Artistic Director; and to ensure that the charity had regular concerts in the interim between directors. (April and May 2025)
- 2 live concerts performing the yearly St John Passion, directed by Eamonn Dougan, one in Oxford and One in London. (April 2025)
- 3 live concerts in St John the Evangelist Church, Oxford, and St Michael-at-theNorthgate, Oxford, curated by Anhad Arora (principal keyboardist), focusing on instrumental solo works, specifically viola da gamba, harpsichord and violin, interspersed with talks by Professor Henrike Lahnemann. The purpose of these concerts was to ensure that the charity had activity whilst the search for the Artistic Director continued. (May–July 2025)
## Collaborative Live Performances
- 5 live performances at graduations for students at the Saïd Business School. (September 2024; November 2024; March 2025; June 2025)
- 2 live performances at Saïd Business School, as part of their Alumni reunion dinners. (September 2024; February 2025)
- 3 live performances of Lutheran Vespers with The Choir of New College, Oxford, providing instrumental accompaniment for their termly cantata, performed in a historically informed Lutheran service. (November 2024, January 2025, May 2025)
- 2 live performances as part of the Follow the Stars - Macmillan Carol Concert, one in Christ Church Cathedral and one in Soho Farmhouse. (December 2024)
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
## Workshops and Masterclasses
- 30 workshops with Dr Pegram Harrison, as part of his teaching for the Saïd Business School, demonstrating Collaboration and Leadership skills needed in successful music-making. (September 2024–July 2025)
- 1 masterclass with German coach Gerhard Gall for the choral scholars in the Holywell Music Room. This event was not open to the public. (March 2025)
- 1 masterclass with baritone and conductor Eamonn Dougan for the choral scholars in the Clore Music Studios, New College, Oxford. This event was open to our Friends and Supporters. (March 2025)
## Private Events
- 1 live performance at a private birthday party for a Supporter, conducted by Dónal McCann. (April 2024)
In contrast to the previous year, the 2024–25 season began from a position of significant organisational change. Following the departure of the Founding Artistic Director in July 2024, the Board of Trustees made the strategic decision to maintain the charity’s musical momentum through a transitional leadership model, prioritising financial stability and artistic continuity. During this period, the charity’s artistic activity was largely curated by General Manager Katie Ambrose, in conjunction with a small group of guest directors. This approach formed the backbone of the organisation’s ownpromoted performances, providing regular concerts in Oxford and London and platforming the charity’s Choral Scholars alongside principal instrumentalists.
Alongside this, a full season of larger-scale works was delivered despite the absence of a permanent Artistic Director for much of the year. The Trustees’ strategy ensured that core projects remained viable and high-quality throughout the transition. Major highlights included the relaunch of activity with Nun Komm (December 2024) and the annual Christmas Oratorio (January 2025), the latter directed by Steven Grahl. The charity also maintained its commitment to Bach’s masterworks with performances of the St John Passion in both Oxford and London (April 2025).
This transition period was successfully managed through the collaborative oversight of Katie Ambrose, working with a rotation of guest directors and principal musicians. Some of these were being considered for a more permanent appointment; others were long-
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**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
## **Oxford Bach Soloists**
standing collaborators who understood the ensemble’s musical ethos. This approach, which included guest-led projects by Eamonn Dougan, Dónal McCann, and Quintin Beer, enabled continuity while offering the flexibility needed during a period of change. This process culminated in July 2025 with a significant restructuring of the senior leadership team: the appointment of Steven Grahl as Artistic Director and the promotion of Katie Ambrose to the role of Executive Director. Together, these appointments provide the strategic and artistic leadership necessary to secure the charity’s long-term future.
The decision to maintain regular activity was especially important in light of the Choral Scholarship scheme, now in its sixth year. Following the temporary pause in recruitment in early summer 2024, the Trustees were heartened by a significant financial pledge and an outpouring of support from the OBS community. This enabled the appointment of four new scholars in February 2025, who benefited from tailored mentorship including masterclasses with German coach Gerhard Gall and conductor Eamonn Dougan. Recruitment for a full, overlapping cohort for the 2025–26 season began in June 2025, with seven choral scholars and a new Continuo scholar appointed at this time. This ensured that the scholarships remained a cornerstone of the organisation’s educational mission and demonstrated commitment to our audiences and to the sustainment of the organisation.
The Oxford Bach Soloists’ network of Friends and supporters remained a pillar of strength during this period. While active memberships decreased to 76, reflecting the period of uncertainty, the successful delivery of the season and the high-profile appointment of the new leadership team have laid the groundwork for renewed growth, particularly as we expected that there would be some Friends that were committed to the Founder, Tom, rather than specifically to the organisation. That being said, we did see some individual Friends over this period of time step up their monthly commitment over this period, as demonstration of their unwavering commitment to the charity’s artistic output. In the 2025/26 season, we are already seeing a regrowth in the number of Friends subscriptions, and we are already looking at how we can broaden this reach for the 2026/27 season.
The Digital Concerts platform remained an important part of the organisation’s offering, enabling audiences to access own-promoted concerts remotely. Over the course of the year, 29 Digital Concert subscriptions were active. As we only recorded two of the concerts across this year, it is unsurprising that this number declined from the previous year. We are investigating how we can re-engage our Digital impact for the next
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
season, as we are conscious that in order to engage with a younger audience, not to mention a more global audience, this clear Digital footprint is mandatory.
The Oxford Bach Soloists’ monthly newsletter continued to provide reflections, project news, and behind-the-scenes content to over 1,000 subscribers, and remains a key element of the organisation’s outreach and engagement strategy as we transition into a new chapter under our new executive and artistic leadership.
## **FINANCIAL REVIEW**
This was the eighth operating period of the charity. The proceeds from concerts were £123,213 in the 12-month period, compared with costs of £206,196. Some of the shortfall has been covered by general fundraising from Friends (£10,668), and from general donations (£54,324). There is a deficit of £17,992 calculated on an accrual basis.
The Charity secured funding from an individual donor which started in 2020–21, and which allowed significant growth and secured funds to pay musicians. This funding was terminated in December 2023, and whilst the charity found a temporary solution to fund the 2024–25 season, there is now a need to secure a more long-term solution to allow future planning and maintain artistic excellence.
Proceeds from concerts have decreased compared to the previous period. This decrease reflects the absence of the significant international project in New York delivered in the prior year, as well as a reduction in the number of own-promoted concerts during the period without a permanent Artistic Director. This was partially offset by the expansion of collaborative projects this season, particularly an increase in the regular engagements with the Saïd Business School. General fundraising through gifts and donations has also decreased following the loss of a major source of funding in December 2023. Despite the number of Friends decreasing, the membership income remained relatively stable. The Trustees recognise the shift in artistic leadership, combined with the necessary transition away from a regular cantata series in the absence of significant financial backing have changed the appeal in the organisation for certain supporters.
Fees paid to musicians remained a significant area of expenditure, alongside general administration costs. While total costs decreased overall compared to the previous year, the charity maintained a high level of activity, delivering 23 concerts and 32 workshops
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
and masterclasses. The General Manager (appointed Executive Director in July 2025) maintained the same salary as in previous years, despite working without the support of an Artistic Director for the majority of the period. To support this increased operational burden and ensure the smooth delivery of the season, a freelance Administrator was appointed in February 2025.
Looking ahead to the 2026–27 season, the Trustees are planning a strategic restructuring of the leadership team to include the current Artistic and Executive Directors, and a new General Manager, currently the freelance administrator. While this represents a modest total increase in hours of 0.75 per week, the restructure will allow each team member to focus on their specific remit. Notably, this will enable the Executive Director to focus primarily on fundraising and strategic business planning, providing the necessary foundation for the organisation's sustained growth and longterm financial resilience.
At the end of the financial period, the Charity held assets of £43,203. These assets are adequate to provide the charity with working capital and the Trustees do not believe them to be excessive. Work continues to build a strong base of regular donors through the Friends programme and to sponsor the appointment of choral scholars. The charity does not break even on all the concerts which it performs, though it aims to be sustainable over a full 12-month period. Under the new leadership of the Artistic Director and Executive Director, the Trustees remain focused on securing the charity’s future through strategic financial planning.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is constituted as a Charitable Incorporated Organisation and has memorandum and articles associated with this.
New Trustees are appointed according to the following procedure:
- a) Identifying an area of expertise either useful to the Charity or not present in the existing makeup of the Board.
- b) A process of gathering names.
- c) Names to be discussed at Trustees’ meeting
- d) Selected individual(s) to be interviewed in person by two or more Trustees.
- e) Election of a nominated person in a formal meeting of Trustees.
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
To support the administration of the Charity as it grows, the Charity has:
- a) Continued to engage the services of a professional bookkeeper.
- b) Continued to engage a General Manager working 3 days per week to drive the operational side of the Charity
## **RESERVES POLICY**
Reserves are defined as unrestricted funds that are freely available to spend on any of the charitable purposes of the Charity. Funds such as restricted income funds, the balance of restricted grants, tangible fixed assets and any investment funds are excluded from the reserves. Reserves are held to meet any unexpected spending requirements and unforeseen day-to-day operational costs, any shortfall in income from donations or grants, any delays in receiving grant payments and to fulfil the obligations of the Charity.
The Beneficiaries of the Oxford Bach Soloists are the choral scholars, students, players, conductors and soloists who participate in our performances and the diverse audiences which come to listen and enjoy a unique musical experience. They come to the Charity to be able to take part in performances of a high quality that mirror the diversity of our community. Our historically informed musicianship allows for a lively interplay between committed performance and an immersive experience for the audience. They would all be adversely affected if the Charity was unable to operate and to provide them with these opportunities for performance, participation and support.
The Trustees therefore consider that a suitable policy for this Charity is to hold in reserves the equivalent of a minimum of three months of general operating costs including salary costs. This policy and the level of reserves will be reviewed once a year by the Trustees.
We currently hold £31,018 in unrestricted reserves which is the equivalent of around five months general operating costs for the Charity. We aim to maintain the reserves at the planned level of a minimum of three months of general operating costs by significantly increasing our fundraising activity and identifying suitable donors and organisations from whom general donations for this purpose can be requested. The Trustees and management team are conscious that they are likely to face financial headwinds from time to time, and are focussed on increasing income and closely managing costs. Where possible, funders are urged to contribute to our unrestricted
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
funds to cover our general operating costs, as well as to make restricted contributions towards specific projects. Management is committed to using a portion of general income to maintain the reserves.
## **RISK MANAGEMENT**
The Trustees have a formal process for identifying, evaluating, and managing the major risks the charity faces, reviewed at least annually and more frequently when necessary, in order to implement a risk management strategy that includes the establishment of systems and procedures to mitigate those risks and their potential effect on the charity.
The Trustees consider that the main risks to OBS in 2024-25 included:
• ensuring a smooth transition of artistic leadership following the departure of the founder Tom Hammond-Davies
• achieving a sustainable financial and fundraising model, including growth in core costs fundraising
The Trustees have addressed these risks by carrying out a detailed recruitment process to appoint an excellent new Artistic Director, Steven Grahl. Further to that, we have in May 2026 appointed to the board a new trustee who has extensive specialist fundraising experience. The focus is now on developing good relationships with existing and new donors while ensuring robust financial monitoring. The charity has a strong system of internal control with clear oversight at Board level with robust financial controls, close monitoring of budgets and forecasts and formal limits on staff ability to authorise expenditure, with all payments over £1,000 being authorised by a Trustee, though the Trustees have recently agreed to increase the limit for authorising expenditure to £2,000.
## **PUBLIC BENEFIT**
The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by OBS.
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**Oxford Bach Soloists**
**Charitable Incorporated Organisation Trustees’ Annual Report Year ended 31st August 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
The Charity is registered as Oxford Bach Soloists with Charity registration number 1172192. Its registered office is 3 Apsley Road, Oxford, OX2 7QX.
Trustees during the period were: Mr Simon Littlewood, Chair Ms Helen Morton, Treasurer Ms Judith Finch Dr Pegram Harrison Ms Miranda Whiteley
The Trustees named on the Charity’s bank account during the period were the Chair and the Treasurer.
## **SIGNED**
Simon Littlewood Chair of Trustees 8 June 2026
Helen Morton Treasurer 8 June 2026
Page 9
## **Oxford Bach Soloists Statement of Financial Activities For The Year Ended 31 August 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable activities
**EXPENDITURE ON:**
Raising funds
**4**
Charitable activities:
**4**
Charitable activities
**12**
**NET EXPENDITURE**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**2025**
**Unrestricted**
**funds**
**£**
64,991
123,213|**2024**
**Total funds**
**£**
23,066
224,202|
|---|---|---|
||188,204|247,268|
||(7,310)
(198,886)|(10,766)
(269,709)|
||(206,196)|(280,475)|
||(17,992)|(33,207)|
||(17,992)
49,010|(33,207)
82,217|
||31,018|49,010|
The notes on pages 13 to 17 form part of these financial statements.
Page 10
## **Oxford Bach Soloists Comparative Statement of Financial Activities For The Year Ended 31 August 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable activities
**EXPENDITURE ON:**
Raising funds
**4**
Charitable activities:
**4**
Charitable activities
**12**
**12**
**NET EXPENDITURE**
Transfers between funds
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
**£**
18,366
192,123|**Restricted**
**funds**
**£**
4,700
32,079|**2024**
**Total funds**
**£**
23,066
224,202|
|---|---|---|---|
||210,489|36,779|247,268|
||(9,445)
(238,920)|(1,321)
(30,789)|(10,766)
(269,709)|
||(248,365)|(32,110)|(280,475)|
||(37,876)
4,669|4,669
(4,669)|(33,207)
-|
||(33,207)
82,217|-
-|(33,207)
82,217|
||49,010|-|49,010|
The notes on pages 13 to 17 form part of these financial statements.
Page 11
## **Oxford Bach Soloists Statement of Financial Position As At 31 August 2025**
|**Unrestricted**
**funds**
**Notes**
**£**
**CURRENT ASSETS**
Debtors
**9**
1,911
Cash at bank and in hand
43,527
45,438
**Creditors: Amounts Falling Due Within One Year**
**10**
(14,420)
**NET CURRENT ASSETS (LIABILITIES)**
31,018
**TOTAL ASSETS LESS CURRENT LIABILITIES**
31,018
**NET ASSETS**
31,018
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**12**
On behalf of the board
Miss Helen Morton
Trustee
Mr Simon Littlewood
Trustee
8thJune2026|**Unrestricted**
**funds**
**£**
1,911
43,527|**Restricted**
**funds**
**£**
-
-|**2025**
**Total funds **
**£**
1,911
43,527|**2024**
**Total funds**
**£**
13,357
49,684|
|---|---|---|---|---|
||45,438
(14,420)|-
-|45,438
(14,420)|63,041
(14,031)|
||31,018|-|31,018|49,010|
||31,018|-|31,018|49,010|
||31,018|-|31,018|49,010|
||||31,018|49,010|
||||31,018|49,010|
||||||
The notes on pages 13 to 17 form part of these financial statements.
Page 12
## **Oxford Bach Soloists Notes to the Financial Statements For The Year Ended 31 August 2025**
## 1. **General Information**
Oxford Bach Soloists is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1172192. The principal address is 3 Apsley Road, Oxford, OX2 7QX.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## 2.3. **Incoming Resources**
All incoming resources are included in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. Grants which have a restriction as to timing are recognised over the period for which they are given.
The value of services provided by volunteers has not been included in the accounts.
## 2.4. **Resources Expended**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is considered to relate to expenditure of the charity in the furtherance of its charitable activities and includes the costs of delivering services undertaken to further the purposes of the charity and their associated support costs.
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 2.6. **Financial Instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## 2.7. **Pensions**
The charity operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
## 3. **Income from Donations and Legacies**
|.
**Income from Donations and Legacies**|||||
|---|---|---|---|---|
|||||**2025**|
||**Unrestricted**|**Restricted**||**Total**|
||**funds**|**funds**||**funds**|
||**£**|**£**||**£**|
|Donations and gifts|64,991||-|64,991|
Page 13
## **Oxford Bach Soloists Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
|Donations and gifts
4.
**Analysis of Expenditure**
Raising funds
Charitable activities
Raising funds
Charitable activities
5.
**Support Costs**
Employee costs
Premises expenses
General administration
Interest payable
Governance costs|**Unrestricted**
**funds**
**£**
18,366|**Restricted**
**funds**
**£**
4,700|**2024**
**Total**
**funds**
**£**
23,066|
|---|---|---|---|
||**Activities**
**undertaken**
**directly**
**£**
7,310
146,751|**Support costs**
(see note 5)
**£**
-
52,135|**2025**
**Total**
**£**
7,310
198,886|
||154,061|52,135|206,196|
||**Activities**
**undertaken**
**directly**
**£**
10,766
195,985|**Support costs**
(see note 5)
**£**
-
73,724|**2024**
**Total**
**£**
10,766
269,709|
||206,751|73,724|280,475|
||||**2025**
**Charitable**
**activities**
**£**
32,256
3,489
15,052
78
1,260|
||||52,135|
Page 14
## **Oxford Bach Soloists Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
|Employee costs
Premises expenses
General administration
Governance costs
6.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
7.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Social security costs
Other pension costs|**2025**
**£**
1,260
**2025**
**£**
32,888
(1,362)
730
32,256|**2024**
**Charitable**
**activities**
**£**
59,910
474
12,200
1,140|
|---|---|---|
|||73,724|
|||**2024**
**£**
1,140|
|||**2024**
**£**
58,182
439
1,289|
|||59,910|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## 8. **Average Number of Employees**
Average number of employees during the year was as follows:
|Charitable Activities
Administration
9.
**Debtors**
**Due within one year**
Trade debtors
Other debtors|**2025**
1
1
2
**2025**
**£**
1,800
111
1,911|**2024**
1
1|
|---|---|---|
|||2|
|||**2024**
**£**
12,600
757|
|||13,357|
## 9. **Debtors**
Page 15
## **Oxford Bach Soloists Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 10. **Creditors: Amounts Falling Due Within One Year**
|Trade creditors
Bank loans and overdrafts
Other creditors
Taxation and social security
Accruals and deferred income|**2025**
**£**
9,407
324
142
1,295
3,252
14,420|**2024**
**£**
7,660
56
142
2,333
3,840|
|---|---|---|
|||14,031|
## 11. **Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £730 (2024: £1,289).
At the statement of financial position date contributions of £142 (2024: £142) were due to the fund and are included in creditors.
## 12. **Movement in Funds**
|2.
**Movement in Funds**||||||
|---|---|---|---|---|---|
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Restricted funds
**Total funds**|**As at 1**
**September**
**2023**
**£**
82,217
-|**As at 1**
**September**
**2024**
**£**
49,010|**Income**
**£**
188,204|**Expenditure**
**£**
(206,196)|**As at 31**
**August 2025**
**£**
31,018|
|||49,010|188,204|(206,196)|31,018|
|||**Income**
**£**
210,489
36,779|**Expenditure**
**£**
(248,365)
(32,110)|**Transfers**
**£**
4,669
(4,669)|**As at 31**
**August 2024**
**£**
49,010
-|
||82,217|247,268|(280,475)|-|49,010|
## 13. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
Page 16
## **Oxford Bach Soloists Notes to the Financial Statements (continued) For The Year Ended 31 August 2025**
## 14. **Related Party Disclosures**
Key management personnel (including directors) received compensation of £30,576 (2024: £30,576).
Katie Ambrose is the General Manager of the Charity. The General Manager of the charity is a related party. The General Manager’s remuneration is determined by the trustees.
No trustees received remuneration in the year (2024 - the same). No trustees received reimbursement for out-of-pocket expenses (2024 - the same).
There are no other reportable related parties or transactions.
Page 17
## **Independent examiner's report on the accounts**
|**Section A**
**Independent Examiner’s Report**|**Section A**
**Independent Examiner’s Report**|
|---|---|
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Oxford Bach Soloists
31 August 2025
**Charity no**
**(if any)**
1172192
10-17
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended**31/08/2025**.|
**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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** I have completed my examination. I confirm that no material matters have
- **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- 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.
* _Please delete the words in the brackets if they do not apply._
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||11/06/2026|
|---|---|---|
||||
||Caroline Webster||
||||
||FCA
Institute of Chartered Accountants in England and Wales||
||||
||Suite I Windrush Court||
||Abingdon||
**IER**
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OX14 1SY
**Section B Disclosure**
Only complete if the examiner needs to highlight material 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** .
**IER**
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