**Charity number: 1174674** ## **THE SUMMER SCHOOL FOR PIANISTS** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **FOR THE YEAR ENDED** **31 OCTOBER 2023** ## **THE SUMMER SCHOOL FOR PIANISTS** ## CONTENTS |Report of theTrustees’|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 2023 The Trustees present their report for the year ended 31 October 2023. ## **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 £4,824 (2022: Excess of receipts over payments £8,571). The event is now firmly re-established in its standard in-person format, following disruption in previous years from the COVID-19 pandemic. The 2023 event represented the second year of business as usual following the online event held during the pandemic. The event was well attended and received exceptionally good feedback from participants. 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 2023 (continued) ## **5. Risk Management** The Trustees and Artistic Directors have examined the major strategic business and operational risks which the organisation faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. ## **6. Achievements and Performance** During the year, the event was held on 12 August to 18 August 2023. The results of the year are shown on page 4 of these accounts. ## **7. Trustees’ Responsibilities** The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation and to enable it to ensure that the financial statements comply with the organisations rules. They have general responsibility for taking reasonable steps to safeguard the assets of the organisation and to prevent and detect fraud and other irregularities. C Hyde (Trustee) _…………………………………………….._ M Phillips (Trustee) _…………………………………………….._ Date ………………………………….. 19/08/2024 19/08/2024 Date ………………………………….. Page 2 ## **THE SUMMER SCHOOL FOR PIANISTS** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2023 which are set out on pages 4 to 6. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 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 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 giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. 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 to enable a proper understanding of the accounts to be reached. C Johnson FCCA MHA Kendal House Murley Moss Business Village Oxenholme Road Kendal LA9 7RL 19/08/2024 Date Page 3 ## **THE SUMMER SCHOOL FOR PIANISTS** ## RECEIPTS AND PAYMENTS ACCOUNT ## FOR THE YEAR ENDED 31 OCTOBER 2023 |**Receipts**
FT Participants–current year
FT Participants–next 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 2022
**Bank and cash at 31 October 2023**|**2023**
**2023**
**2023**
2022
**Unrestricted**
**Restricted**
**Total**
Total
**£**
**£**
**£**
£
**49,698**
-
**49,698**
51,100
**15,065**
-
**15,065**
11,500
**3,200**
-
**3,200**
3,395
**400**
-
**400**
1,900
**340**
-
**340**
210
**-**
-
**-**
312
**120**
-
**120**
446
**330**
-
**330**
38| |---|---| ||**69,153**
-
**69,153**
68,901| ||**181**
-
**181**
150
**1,541**
-
**1,541**
300
**-**
-
**-**
10
**-**
-
**-**
194
**266**
-
**266**
266
**792**
-
**792**
720
**10,042**
-
**10,042**
9,215
**50,816**
-
**50,816**
49,022
**691**
-
**691**
453| ||**64,329**
-
**64,329**
60,330| ||| ||**4,824**
-
**4,824**
8,571
46,869
**-**
**46,869**
38,298| ||51,693
**-**
**51,693**
46,869| Page 4 ## **THE SUMMER SCHOOL FOR PIANISTS** ## STATEMENT OF ASSETS AND LIABILITIES ## AS AT 31 OCTOBER 2023 |

**Assets**
CAF Cash Account
CAF Gold Account
Paypal Account
**Liabilities**
Deposits received in advance
Accountancy accrual|**2023**2022
**£**£
**32,332**
12,055
**19,361**
33,638
**-**
1,176| |---|---| ||**51,693**
46,869| ||**15,065**
11,500
**870**
792| ||**15,935**
12,292| 19/08/2024 These accounts were approved by the Trustees on ……………………………. 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 2023 1. **Accounting policies** - a) Basis of preparation The accounts have been presented on a Receipts and Payments basis. Page 6