Charity number: 1174674
THE SUMMER SCHOOL FOR PIANISTS
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED
31 OCTOBER 2022
THE SUMMER SCHOOL FOR PIANISTS
CONTENTS
| Report of the | 1 |
|---|---|
| Accountants' report | 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 |
THE SUMMER SCHOOL FOR PIANISTS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2022
The Trustees present their report for the year ended 31 October 2022.
1 . Reference and Administrative Details
Registered charity number 1174674 Registered address 60 Waddington Way London SE19 3XJ Trustees C W Hyde M J Phillips G Mathers
Trustees are appointed by the Board of Trustees for fixed three-year terms. Trustees put themselves forward for re-appointment upon expiry of their existing term
The organisation is managed by a group of individuals collectively known as Artistic Directors. At the end of the year the Artistic Directors were as follows:-
Karl Lutchmayer Christine Stevenson
2. Constitution & Objects
The object of the Charitable Incorporated Organisation (CIO) is to promote, improve and advance public music education, by the provision of piano masterclasses, concerts and in other such ways as the CIO, through its trustees, shall determine.
The Trustees have due regard to guidance published by the Charity Commission on Public benefit.
3. Financial Review and Plans for Future Period
The Trustees have a policy of charging a fee sufficient to cover the costs of the event. Any surplus is held towards future events.
During the current year there was an excess of receipts over payments of £8,571 (2021: Excess of payment over receipts of £18,000).
The event continued in its standard in-person format in 2022, following disruption in earlier years from the COVID-19 pandemic (specifically when the course switched to an online format in 2020). The impact of the disruption in earlier years had affected the CIO's cashflows (resulting in an unusually large surplus in 2021, with a significant deposit paid in 2020 being rolled over to 2021), but the position has now returned to normal. The 2022 event represented a return to business as usual.
The trustees have considered a period of 12 months from the date of approval of the accounts and consider the CIO has adequate resources to continue in operational existence and therefore continue to prepare the accounts on a going concern basis.
4. Reserves Policy
The trustees have a policy of ensuring that sufficient funds are available to meet the expenditure required in order to host the event in any given year, and annual overheads, and retaining a surplus towards hosting the event in following years.
Page 1
THE SUMMER SCHOOL FOR PIANISTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2022 Iconlinuedl Risk Management The Trustees and Artistic Directors have examined the major strategic business and operational risks which the organisalion faces and confirm that systems have been established lo enable regular reports lo be produced so that the necessary steps can be taken lo lessen these risks. Achievements and Performance During the year. the event wag held on 13 August lo 19 August. The results ol the year are shown on page 4 of these accounts. Trustees, Responsibilities The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the organisalion and lo enable it lo ensure that the financial slalemenls comply with the organisalions rules. They have general responsibility for taking reasonable steps to safeguard the assets ol the organisalion and lo prevent and delecl fraud and other irregularities. C Hyde (Trusleel Dale 25,07,202J M Phillips (Trusleel Dale ?7,07,20?3 Page2
THE SUMMER SCHOOL FOR PIANISTS I report lo the charity Iruslees on my examination of the accounts of the charity for the year ended 31 October 3)22 which are sel out on pages 4 10 ti. Responsibilities and basis of report As the charity s Iruslees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2U11 I'lhe Acl'l. I report in respect of my examination of the charity s accounts carried out under section 145 of the Act and In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl ol the Act. Independent examiner's statement I have completed my examination. I confirm that no material mallers have come lo my allenlion in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act", or the accounts do not accord with those records. 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 lo enable a proper understanding of the accounts to be reached. C Johnson FCCA Chartered Accounlanls Kendal House Murley Moss Business Village Oxenholrne Road Kendal LA9 7RL Date 27 07 ?0•3 Page 3
THE SUMMER SCHOOL FOR PIANISTS
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2022
| Receipts FT Participantscurrent year FT Participantsnext year PT Observers Drop out Deposits Recital Tickets Dinner Guests and Accommodation Donations Bank Interest received Payments Website costs Advertising Postage & Stationery Food, drink & gifts Insurance Accountancy Tutor fees/ staff costs Campus costs Sundry Net receipts for the year Bank and cash at 1 November 2021 Bank and cash at 31 October 2022 |
2022 2022 2022 2021 Unrestricted Restricted Total Total £ £ £ £ 51,100 - 51,100 46,930 11,500 - 11,500 9,593 3,395 - 3,395 - 1,900 - 1,900 - 210 - 210 30 312 - 312 - 446 - 446 430 38 - 38 1 |
|---|---|
| 68,901 - 68,901 56,984 |
|
| 150 - 150 104 300 - 300 660 10 - 10 53 194 - 194 213 266 - 266 266 720 - 720 690 9,215 - 9,215 7,959 49,022 - 49,022 28,770 453 - 453 269 |
|
| 60,330 - 60,330 38,984 |
|
| 8,571 - 8,571 18,000 38,298 - 38,298 20,298 |
|
| 46,869 - 46,869 38,298 |
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THE SUMMER SCHOOL FOR PIANISTS STATEMENT OF ASSETS AND LIABILITIES AS AT 31 OCTOBER 2022 2022 2021 CAF Cash Account CAF Gold Account Paypal Account 12,055 33,638 1,176 12.034 25.796 468 46,869 38.298 Deposits received in advance Accountancy accrual 11,500 792 9,593 726 12,292 10,319 These accounts were approved by the Trustees on 27 07 ?09.3 and signed on their behalf C Hyde Trustee M Phillips Trustee Page.5
THE SUMMER SCHOOL FOR PIANISTS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2022
-
Accounting policies
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a) Basis of preparation
The accounts have been presented on a Receipts and Payments basis.
Page 6