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2020-08-31-accounts

Trustees, Annual Report for the period Charfty SprTrtato R•gi¥t•r•d ch•rlty num1￿ (If any) 1176410 Ch•r11￿ wlnclpal •ddr••8 FLql 39 Hainautt Court Forest Rise London E17 314W 1 Wlliam Rus8ell Paul Laurent E¥ern Doxey John Nam•s and •ddrn•M• 131 advl••rn (Opllon•l inffKnth) Type of advisef N•m• Name of chiof •xecuUve Of naffles of •¢nior staff membw• {Optional Inforn￿l rlption ol th• Gharlty's trusts CIO Foundat￿ C<￿trbi Type of g(wmmg d(￿rne

HIM Ihe tharty is cts)stituled rthed by exisling tfustees ibon•l gov•mance i•suo8 (Option81 informatth You may choose to indwje drthmal infomiation, where relewanl. abouL" and IYC￿edUreS lopted f the inducaM)n and training of trustees". charity's organisatL)nal struclure and any wKler network with whth the relationship with any retaled • trustees, of major risks and the system and procedures to manage O ADVANCE EDUCATION TO AS WIOE A PUBLIC AUDIENCE AS POSSIBLE. THROUGH THE PROMOTION, SUPPORT AND ENCOURAGEMENT OF MUSIC. INCLLIDING RESEARCH INTO NEGLECTED REPERTOIRE. THE PRESENTATION OF HISTORICALLY AVWRE IAUSICAL PERFORMANCES ON PERIOD INSTRUMENTS, DELIVERY OF EDUCATION PROJECTS. RKSHOPS. RECIT￿5 AND LECTURES. TO WDEN PERFORPAANCE AND KNO￿EDGE OF NEGLECTED REPERTOIRE BY PUBLISHING RECORDINGS D EDITIONS. Summary of the objects of the charity set out in its govemlng document ferences and other events to prornote early n1US￿ and ertL￿te the wblc. wth a parbcuQii ft￿S ￿ rwlecled repertlxre whid) Is rardy perforrrd. Our wo irKJudes researth into negleLed repertryre. sndudtng gMrvJ ￿N￿ern preTrM"w8$ 01 s whth have remas[￿1 Unperform￿ ts centuries We present rrthjsic ofthe eafly 17th wrtury to earty 19U) C￿n￿ry ￿ hthrK* and the cthiynunty and wblish recorduvas and editiC￿8 of rarety pthr￿￿

ndrla#•n tor th• publ b•nefft in r•llK>n to th• ts lincltsde wllhm th1• •cl¥on th• •talutory lara1k￿ Ih•t tru•l•M Iw¥• had reg•rd to th• gU￿arte• l•#ued by th• Ch•rty fijrthei staleft￿ts. ' pJIKy on grantmaking: prc#Jram Summary of th• m•ln aCh￿vern?nts of th• chMAy uring th• y•r t)uring the year W'ritaio! executed on the year plan to r8(xwd an album wemiering English Xvlllth music. A very sAJccessful wdfunding Carnp￿gn arKJ an Fr￿rease in C￿￿110[￿% meant the grwp could also toui the programme in tx)th the iltshsre Cwttre the Chicheer Ch*r&w Music c(x#xrt CovKJ.19 af￿led ￿ of the grwp's Fkn lo drurn up r¥￿e pertt)rmances in the summer. Dewe COVMJ of the CD

Lix)king into 2W21 ¥￿ are t￿N￿ed to rkn at the Yorf< E Music Festsval tn D￿ntr￿ 2020 COVNJ P￿rnit￿n9 Brief statement of the chariV• Detail8 of any funds m•teri•Hy in deficit F4th fina￿4￿1 review detsils (Optional infornMlirm} You may cho(yJe to Fnclude addilM)nal mformakn, ththere rebevant atout". . the ¢haTty's princwal S￿rreS of funds (Ind￿ any

• ttle chafty's pnncipal sources of funds (includ￿9 any bJndraising}, • ITh expendrture has supported the key objectives of the charity: • investment and objectives including any elhic81 inveStr￿t adopted. Section F Other optional inforn)ation The trustees declare that they hawe approved the trustees, report above. n•d ￿ behalf of th• ch•rity's Irustw• S￿nI￿re{S) Full narrn(• 111 Russem Posili4)n l•g Secrnt•ry. Chair. •tc) stee TAR

Spiritato!

Annual report YE 31st August 2020 Charity number: 1176410 FLAT 39 HAINAULT COURT , FOREST RISE , LONDON , E17 3NW

Trustees

Organisation purpose

Spiritato provides professional performances, residencies, workshops, conferences and other events to promote early music and educate the public, with a particular focus on neglected repertoire which is rarely performed. Our work includes research into neglected repertoire, including giving modern permieres of works which have remained unperformed for centuries.

We present music of the early 17th century to early 19th century on historically appropriate instruments, deliver education work and family concerts in schools and the community and publish recordings and editions of rarely performed repertoire.

Financial summary

During the year Spiritato! executed on the prior year plan to record an album premiering English XVIIIth music. A very successful crowdfunding campaign and an increase in regular donations meant the group could also tour the programme in both the Wiltshire Music Centre and the Chichester Chamber Music concert series.

Covid-19 affected some of the group’s plans to drum up more performances in the summer. Despite Covid the release of the CD has gone ahead and sales have been steady.

Looking into 20/21 we are booked to perform at the York Early Music Festival in December 2020 Covid permitting.

Financial Review: Summary

Financial summary £ Income £19,502 Expenses £17,279 Net surplus/(deficit)* £2,185

Any surplus is being used towards our 2020 projects.

* We currently have £1,130 of CD inventory held at historic cost value

Financial Review: Income

----- Start of picture text -----
Income £ %
Income from
£5,100 26%
Concert Fees
Grants & Donations £14,223 73%
CD Sales £179 1%
----- End of picture text -----

Financial Review: Expenditure

----- Start of picture text -----
Expenditure £ %
Artist Fees £12,575 73%
CD Costs/
£3,887 22%
Recording Costs
Travel/Music Hire/
£855 5%
Sundry
----- End of picture text -----

Financial Review: Cash fow statement

£

Opening Balance Profit for the year Non-cash adjustments (CD Costs)*

£4,512

£2,185

(£1,031)

Closing Balance

£5,666

*This is made up of capitalisation of CD production of £1.3k netted with cost of CD sales of £300

Financial Review: CD inventory as at 31/08/2020

Units Balance sheet value
Guts and Glory 3 £10
Taste the Nation 401 £1,079
Judgement of Paris 217 £760
First Act* 55 £1*
Closing Balance 676 £1,841

*First Act we are now giving away as the CDs are not selling