REGISTERED COMPANY NUMBER: CE013849 IEn8land and Wales)
REGISTERED CXARITY NUM8ER: 1178026
Re
tees aThJ
naudit d Finan
ment
ar Ended
A ri12021
und World
Moore
Chartered Accountèrtts
First Floor
29 Sl Augustine's Parade
Bristol
BS14UL

nt nt I h Fin
ar
Page
Report of the Trustees
Independent Examiner's Report
Statemeni of Financial Activities
Balance Sheet
Notes to the Firtancial Ststements
7 to 11
C*tai￿d Statement of Financkil Acliwties
12

Re
ort ofthe Trustees
for ihe Year Ended 5
ri12021
The trustees who are also dirertors of the charity itsr the purposes of the Companies Act 21J)6, preseni
Iherr r¢wrt with the financial statements of the charity for thg yeèr ended S April 2021. The trustees have
adopted the provisions ol Actounting and Reporting by Charttie5-. Staiemenl of Recomfflended Practice
applicable to charities preparin8 their accounts in accor(lance with the Finanoal Reporting Standar
applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
OBJEcfivES AND ACTivmES
Objertlves and aims
The advancernent of public appretiatlon and knowledgc of classical MUSK lintluding contemporary classital
music). The promotion of rnusic31 educatiovTr. knowledge, creativ*ty and composin8 skills of. in particu￿[ but
rtot exclusi¥ely, youn8 people.
Significant artl¥itiÈs
The Sound World Coronavirus Fund for F￿lanCe Musiciarn
When lor.kdown began in the early d8ys of the pandemic in Marth 2020. all the educational events,
oncens, cummissi0ft5 etc. that Sound Wodd had been preparrn8 for were cancelled.
In the vacuum that ensued. we resolved to keep producln8 great new music in 5pTrle of lockdown and to
pr￿Ide much needed paid work to freelance musitians whose diaiies had empiied. literally over nF8ht.
We asked leadsng composers to write new works in 5UPI)ort of their performin8 colleaÉues_ The performers
recorded iheir individual parts ai home, in line with government reMrittions, befo￿ ￿Ing knitted together
by our sound engineer lo ueaic genuine ensemble music.
I the composer5 waived their commisston fees and Sound Worfd Tan the project on a pro bono basis. A
crowdfunding campaign ertSu￿d that the performers. recording fees were paid upfront, providing valuable
financs315UPPOrt at the height of lockdown.
The project resulted tn Reflectio)ns. an album of 12 new works by Sally Bèamish, Gavin Bryars. Michael
Ellison. Gfahèm fitkin, Dame Evelyn Glennie. Sadie Harrison. Julian Leek5. Nico Muh￿. john Pickard. Geoff
Poole, Howard Skempton and Mark-Anihony Turna￿.
Public benefit
The irustees have had regard to the 8uidance issued by the Chèriiy Commission on publi¢ behefit.
ACHIEVEMENT AND PERFORMANCE
Charitsble arttvitiES
As noted above, our co￿d-19 Project prowded financial support to freelance musicians when il w35 most
neede(l.
tt also providèd composers with the motivation io keep creatin8 new work at a time when most
commissions we￿, at best. on hold.
The re5uhinR album. Reflettv)ns, wli I be there for the wodd to enjoy in perpetuily. Bul it is 8150 a valuable
document de5cribin8 rnusical lif@ durin8 the pandemic and a practical demonstration of how art and artL%ts
an creaie someihing Posiiive out of a crisis.
Pa8e I

Re
rt ot the Trustees
ar
FINANCIAL REVIEW
r¥nancial posrtlon
though the pandemic weant thai we receNed no support from our usual funders. indNidual donations to
Sound World, following the sireaming of videos from the Reflections album and other related promotions
mean that we do have limited funds to put towards projects in 2021122.
ReseThes pol
The reserves policy agreed by trustees 15 10% of annual S￿nding.
srRucfvRE, fjOVERfdANCE AND MANAGEMENT
Governing document
The charity is cOntrol￿d by Tts governing document, a deed of trust, and constituies a limited company.
limited by guardntee, as define(I by the Companies Acl ZCQ6.
ftEFEREN￿ AND ADMItIlSTAATIVE DETAILS
Registered Company number
CE013849 (England and Walesl
e8irt¢red tharity rlumber
1178026
istertd ¢>ffke
40 High Street
Claverham
Brisiol
BS49 4NE
Trustres
S Harrison
I Stap£
C Frcd
R San8ha
A Cooper-whlte
Indepe￿Ient Eyamlntr
Moore
Chartered Accountants
First Floor
29 St Augustine's Pafade
Bflstol
8514UL
15.02.2022
Approved by order of the board of trustees on............................................. and ￿gned on its behalf bv".
J 5tsgg- Trustee
Page 2

Ind
nt£x
Sound WDrlrt
min
Re
on to the Trust
Independent eJMminerfs report to the trustees of sound World Ilhe Companrfl
I report to the charity trustees on my examination of the accounts ot the Company frjr tht year ended
5 April 2021.
Res￿nSIbIlItIeS and basis of report
As the charity's trustees of the Company land also its dirertor5 for the PUTP05eS of company lawl you are
responsible for the Preparation of the accounts in accordancc with the requirements of the Companies Acr
21KJ61'the 21X)6Act'l.
Having 54ti5fied myself that the accounts of ihe Company are not required to be audited undei Part 16 of
the 2¢XJ6 Act and are eligible for indèpendènt examinatlon, I report in re5pert of rny examination of your
charity's account5 as carried out undei 5eclion 145 of Charrties Act 20111.thc 2011 Aci'l. In carryin
Dut my examinalion I have followed the Oirections given by the Charity Comm155ion under section 145151
Ibl ol the 2011 Act.
Independent txaminerfs statement
I have COMp￿ted my examinètion_ I confirn) th8t no matteT5 have come to my attention in connection with
the examinaiion eiving me cause to believe=
accounting records were nor kept in re5F*rt of the Compèny as required by seaion 386 of the 21X
Act", or
the a£cournt5 do not atcord with those fecords,. or
the accounts do not comply with the accountinE requirements of 5e(tion 396 01 ihe 2(￿ Act other
than any requirement that the èccounts give a true and fair view which is not a matter consFdered as
part of an Independent examination- or
the accounts have not been prcpared in accordance with the methods and principlc5 of the
Statement of Recomrnended Prattice for accounting and reporting by chariiies lappltcable to
chaiities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Sreland IFRS 10211.
I have no concems ènd have cgme across rTrD Other marters in connection with the examination to which
attentlon should be drawn in th45 report in order to enable a proper undèrstsnding of the accounts io be
reached.
Roben Branch
Morjre
Charte￿￿ Actountsnt5
First Flcw)r
29 St Augustine's Parade
Bristol
BSI 4UL
PJ8e 3

Slatement of Financial Activitips
for
5.4.21
Total
fvnds
5.4.20
Total
funds
Unrestritted Restricted
fund
fund
Notes
INCOME ANO ENDOWMENT5 FROM
Lk*nat¥)ns and le8acies
6.252
6,252
Other tr4din8 actwities
831
831
1,677
Total
7.083
7.083
3,185
EXPET4OFnJRE ON
Charltable activities
Fees
6,082
6.082
9.783
Other
538
538
690
Tots
6,620
6.620
10.473
NET INCOMVIEXPENDITUREI
463
463
17,2881
Trnnsfers between funds
1981
Net movement in fvnds
365
98
463
17,2881
RECONCIUATION OF FUNDS
Totsl filnds brt>ught fonrdrd
13401
1981
1438
6,8SO
TOTAi FVNDS CARRIED FORWARD
25
25
14381
The notes fomi part ofthese flnancial ststements
Page 4

und Workl
Balan
eshe
ril 20
5.4.21
Total
fvnds
S.4.20
Total
funds
Unresiritted Restricted
fund
fund
Note5
CURREKf A55Ef5
Cash at bank
140
CREDITORS
Amounts falling due ￿thin one year
i%oi
15781
NEf CURRENfASSEfS/lUA8IUTIES
25
25
14381
TOTALASSETS LESS CURRENT LIABIUTIES
25
14381
NET ASSETSIIUA8ILfflESI
25
25
14381
FUNDS
Unrestricted funds
Restricted fvnd5
25
13401
1981
TOTAL FUNDS
25
14381
The charitablè company is entltled to èxempiion from audit under Section 477 01 ihe Compènies Aci 2￿6
forthe year ended 5 April 2021.
The member5 have not requiied the company to obiain an audit of its finantial statements for the year
ended S April 2021 in accocdance with Section 476 of the Comparties Atl 2tffi.
The trustees acknowledge their responsibilities for
ensuring ihat the charitable company keeps accounting reCo￿S that comply wtth Seclions 386 and
387 ot the Companies Act 2CK6 and
preparing financrdl staternents whith give a true and fair vrw of the slate of affair5 Of the charitable
company as at the end ol ea£h financial yeèf and of its surplus or deficit foi each financial year in
accordar￿e with the requirements of Sections 394 and 395 and which otherwise comply with the
requiremènis of thÈ Companies Act relatin8 to financial statements, so tsr as applTrcable to the
charitable company.
Ibl
The notes fom part of these financial ststements
Pa8e 5
coniinued..

Dd World
Balanc
Shee
02
These financial statements have been prepared in accordance with the provi￿On$ applicable to charitable
companies subject to thÈ small compan￿S re8ime.
The financial staiÈments were approved by the 8oard of Trustees arbd authori5ed for issue on
1.5..02:2022
. and were signed on its behalf by..
- Trustee
The notesfomi part of these fin4rKial ststerrents
Pa8e 6

Notes to ihe Financial Statement5
for the Year Ended 5 A ril 2021
ACCOUNTING pouaES
Basi5 of preparing the finaNial statements
The financial siaiemenis of the charitable company. whiih 15 a public benefii enttty under FRS 102,
have been prepared in accordance with the Charrties SORP IFRS 1021 'Accounting and Aeportin8 by
Chartties.. SlatemÈnl of Recommended Practice applicable to charitie5 Preparing their accoun15 In
accordance with the Financial Reporting Standard applicable in the UK and Repub5ic ol Ireland IFRS
1021 leffective I january 20191,, Financial Reporting St4ndaid 102 The Financial Rèporting Standard
applicable in the UK and Republtc of Ireland, and the Companies Act 20[6. The financial statements
have beer¢ prepared under the hb5torical cost convention.
Incomè
All income is recognised in the Statement of Ftnancial Activilie5 once ihe charity has entitlement to
the funds, tt Is probable that the income will be received and the amounl can be measured reliably_
Expendkture
Ltabilitie5 are retogrtised as expenditure as soon as there is a le8al or constructive c&li8ation
¢ommittin8 the charity to that Èxpènditure, It is probable that a transfer ol ètonomic benefirs will bE
required in settlement and the amount of the obligètlon tan bÈ measured reliably- Expendilure is
cDunted for on an acciua15 basis and has been classified under headings that 38gre8ate all cost
related to the category. Where costs can1￿t be directty attnbuted to parti(ular headln85 they have
bten allocated to actiVit￿S on a basis con5151ent with the use of resources.
Ta￿tIOn
The charity ts exempt from corwration tax on Ots charitable activities.
Fund accounting
Unrestricted tunds tan be used in accordance with the charitabl¢ objectives at the Lli5cretion of the
trusiees.
Restricied ftsnds (an only be used for partKular restricted purposes wtthin the objects of the chartty-
Restriuions arise when specified by tht donor or when funds are raised for particular rÈstrtrcted
wrposes.
Furthèr explanatitin of thè nature and purpose of each fund is included in the note5 to the financrdl
stsi*mentL
Pa8e 7
continued...

Notes to th Finan
for rhe Y
ar
nde
lal St?tements- continued
SA ri12021
OThER TRADINGAcThvinES
5.4.21
5.4.20
Fundraising events
Concert video
831
1,557
831
1,677
TRUSTEES. REMUNEKATION AND BENEFITS
There were no trustees. remtsneration or other bÈrefits for the year ended 5 Aprtl 2021 nor for the
year ended 5 April 2020_
rru5tees' expenses
Thcre were no trustees, upenses paid for the yèar ended 5 April 2021 nor for the year ended
5 April 2020.
COMPARATIVES FOR THE ¥tATEMENTOF Fifw4CIAL ACTivmES
Unresiritted Restricted
fund
fund
Totol
funds
IPICOME AND ENDOWMEKfs FROM
Donations and legacie5
Other trading artiVFties
1,677
1,677
fotsl
3.185
3.185
EXPENDIWRE ON
Charitabje artlvitles
Fees
9,783
9,783
Other
690
Totsl
690
9.783
10.473
PIET INCOMEIIEXPENDMJREI
16.5981
17.2881
RECONauAllON OF FUND5
Total fuNts brougth forward
350
6,5tsJ
6,850
TOTAL FUNDS CARRIED FORWARD
13401
14381
Page 8
coniinued...

Notes io the Financial Statem
for
arEn
continu
CREDITORS: AMOUNTS FALUNG DUE WtnllN ONE YEAR
5.4.21
S.4.20
Bank loans dnd overdrafts Ise¢ note 61
Trade creditors
Accrued expenses
578
LOANS
An analysis of the maturity of loans is 8iven below..
5.4_21
5.4.20
Amounts tslling due within one year on demand..
ank overdrafts
98
MOVEMEpifiN FUNDS
Net
Transfers
between
fund5
movement
In funds
At
5.4.21
At 6.4.20
Unrestricted funds
Geneial fvnd
13401
463
198}
Restrictèd lunds
Restricteij fund
1981
98
TOTAL FUNDS
14381
463
25
Net movement in funds. included in ihe above are as follows:
Incomin8
resources
Resource5
expended
m0ven￿nt
in funds
Unrestricted fvnds
General fuTrd
7,Cé3
16,6201
463
TOTAL FUNDS
7,083
16.6201
463
Pa8e 9
continued...

Notes to ihe Financial Statem
ar
ntinue
MoVEmEP￿ IN FUNDS- continued
Comparatlves for mo¥emnt in fvnds
Nèt
movement
tn funds
At
5.4.20
At 6.4.19
Unrestrictsd funts
Genefal fund
350
16901
13401
Restrrrted funds
Restricted fund
16,5981
1981
TOTAL FUNDS
6.850
17,2881
14381
ComparatFve nei mo¥ernent In funds, Induded in the above are as follows:
IncominB
resources
Resources Movèment
expended
in funds
Un￿Stricted fvnds
General fund
169))
Rtstritted fvnds
Resrricted lund
3,185
9,7831
16,5981
TOTAL FUNDS
3,185
110.4731
17,2881
A current year 12 month5 Jnd prior year 12 months combined position is as follows-.
Net
movement
in funds
Transfers
between
fvnds
At
5.4.21
At 6.4.19
Unrestrfcted fv•xts
General fund
350
12271
{981
25
Restricted funds
Rertrtcted fund
16.5981
98
TOTAL FVNOS
6,850
16.8251
25
Pa8e 10
continued...

Notes tts the Financial Statemen
for the Year Ended S A
ril 2021
in
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months tombincd net rrnvemeTht in funds. included in
the dbove are as follows..
Incoming
resources
Resources
expended
Movement
in fijnds
Unrestrirted funds
General fund
7,083
17,3101
12271
Restricted fvnds
Restritted Fund
3.185
19.7831
{6.5981
TOTAL FUNDS
10.268
117.Ce31
16,8251
REIATED PARTY DISCLOSURES
There were no related party transactlons for the year ended 5 April 2021.
Pa8e 11

C*tailed Statpment of Finan
lor the Year Ended 5 A ri12021
5.4.21
5.4.20
INCOME AND EMDOWMEp4rs
DonatiDn5 and legacie5
OonatwJn5
Gift aid
Grants
4,701
526
1,025
1.5C
6.252
Other tradSng artlvlti*5
Fundraising events
Concefl video
831
1.5S7
120
831
1.677
T¢>tal Incorning resources
7.1￿3
3.185
EXPENDITURE
Charitable acti¥ltTes
ArtiMs fees
Studio feÈs
Distribution costs
Sheet music
5.345
5.650
432
3,330
42
6,082
9.405
MarWge￿nt
Insurance
Sundries
Webyte hostin8
165
46
56
265
Finance
Postage and stationery
323
Go¥emance costs
Accoufttancy and leBal fees
Tolal resources expended
6,620
10,473
Net intornel(expendlture)
463
17,2881
Thi5 page does r￿t fvrni part of the statutory financlal statements
Pa8e 12