**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|
Page 4
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
1. **Accounting policies**
- a) Basis of preparation
The accounts have been presented on a Receipts and Payments basis.
Page 6