OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Octandre Ensemble Charity Number: 1178461

Octandre Ensemble

Charity No. 1178461

Trustees’ Report and Unaudited Accounts

31[st] March 2022

1

Octandre Ensemble Charity Number: 1178461

Contents
Trustees Annual Report 3-5
Independent Examiners Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 10 to 12

2

Octandre Ensemble Charity Number: 1178461

Reference and Administrative Details

Charity No. 1178461

Principal Office:

21 Polsted Road London SE6 4YH

Trustees

The following trustees served during the year: R. Bernas S. Holford G. Descottes J. Mason

Independent Examiner

Stephen Perry LLB (Hons) ACMA CGMA FCII Chartered Management Accountant Knowle House 38 York Road York YO24 4LZ

3

Octandre Ensemble Charity Number: 1178461

Trustees Annual Report

Aims and Objectives

To advance, develop and maintain the public’s appreciation of and education in the art of modern and contemporary music, through the presentation of public concerts championing the work of contemporary composers, and the making and dissemination of recordings.

Structure, governance and management

The charity is registered with the Charity Commission for England and Wales as a Charitable Incorporated Organisation with registration number 1178461. Octandre is governed by a constitution. Trustees are selected by resolution.

Achievements

During the 2021-2022 financial year, Octandre worked with two British composers, making two livestreamed performances, three live concert performances (including one in Germany), and one full CD recording, now released on the SN Variations record label (April 2022).

The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Jack Sheen ‘Sub’ and ‘Each one cancels the last (Hector)’

Our collaboration with emerging composer-conductor Jack Sheen took the form of two projects, during this period. We recorded his debut album, ‘Sub’, in July 2021, and gave the premiere performance of his ‘Each one cancels the last (Hector)’ in January 2022. Together, these projects develop ‘performance-installation’ as a format in which composers might work for the public benefit, in that the pieces are adaptable to multiple spaces, varying live ensemble line-ups, and social distancing rules. In ‘Sub’, the full ensemble parts were recorded separately from the solo parts, enabling future spatialised performances with only a few musicians.

In our live performance of ‘Each One…’, audience members were free to move between the seven musicians, dispersed around Blackheath Halls London, and the onstage string section, comprising students from the Trinity Laban Conservatoire. This provided a professional development opportunity for the students, who had experience of working with our professional musicians, and the composer, giving a world premiere in a new performance format. Rethinking the way music is presented in these ways is of clear benefit to society as a whole, given the contemporary challenges faced by music organisations.

Christian Mason portrait concert: ‘Time-Space-Sound-Light’

Christian Mason, an Octandre Trustee and Co-Artistic Director, is an established compositional voice in European contemporary music. For this project, he has curated a programme of small chamber works, and explained the rationale for this in aid of a detailed programme note. We performed the programme as part of the University of York concert series, the event was also live-streamed, and there was a very small live audience. This was of benefit to the public and online, offering new experiences through premiere performances; and in particular, it was of educational benefit to student audience members at the University of York.

4

Octandre Ensemble Charity Number: 1178461

Brunel University live stream

In October 2021, we gave a short recital by cello and guitar, as part of the Brunel University Concert Series, bringing contemporary music. This benefitted a university audience, which otherwise would not have the chance to hear these works by established and lesser-known contemporary and modern composers.

The source of funding for the CIO during the period 2021/22 was payments from hirers (Jack Sheen; University of York) and awards from:

Statement of trustees - responsibilities in relation to the financial statements.

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity’s trustees:

C. Mason Trustee 25[th] January 2023

5

Octandre Ensemble Charity Number: 1178461

Independent Examiner's Report to the trustees of Octandre Ensemble

I report to the trustees on my examination of the financial statements of Octandre Ensemble for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 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 can 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:

Stephen Perry LLB (Hons), ACMA, CGMA, FCII Chartered Management Accountant Knowle House 38 York Road York YO24 4LZ

25[th] January 2023

6

Octandre Ensemble Charity Number: 1178461

Statement of Financial Activities Year Ending 31[st] March 2022

Current
year		 Current
year		 Current
year
Prior
year
Notes Unrestricted
funds		 Restricted
funds		 Total
funds
Total
funds
2022 2022 2022
2021
£ £ £
£
Income & Endowments from:
Donations & Legacies 3 16,744 16,744
Charitable Activities 4 8,365 8,365
900
Total income 25,109 25,109
900
Expenditure
Charitable Activities 5 14,202 14,202
900
Other 6 859 859
Total expenditure 15,061 15,061
900
Net income 10,048 10,048
-
Transfers between funds
Net income before other gains/(losses) 10,048 10,048
-
Othergains and losses
Net movement in funds 10,048 10,048
-
Reconciliation of funds:
Total funds brought forward 1,281 1,281
381
Total funds carried forward 11,329 11,329
1,281

7

Octandre Ensemble Charity Number: 1178461 Balance Sheet as at 31 March 2022

2022 2021
Notes £ £
Current Assets
Cash at Bank in hand 11,689 1,281
11,689 1,281
Creditors:amounts fallingdue within oneyear 8 (360) -
Net Current Assets 11,329 1,281
Total Assets less current liabilities 11,329 1,281
Total net assets 11,329 1,281
The funds of the charity
Restricted funds 10
Unrestricted funds 10
General funds 11,329 1,281
11,329 1,281
Reserves 10
Total Funds 11,329 1,281

Approved by the trustees on 25[th] January 2023 And signed on their behalf by:

C. Mason Trustee 25[th] January 2023

8

Octandre Ensemble Charity Number: 1178461

Notes to the Accounts

2 - ~~Statement of Financial Activities - prior year~~

Unrestricted Prior Year
Funds Total funds
2021 2021
£ £
Income & Endowments from:
Donations & Legacies
Charitable Activities 900 900
Total income 900 900
Expenditure on:
Charitable Activities 900 900
Other
Total expenditure 900 900
Netgain on investments
Net income - -
Transfer between funds
Net income before othergains/(losses) - -
Othergains and losses
Net movement in funds - -
Reconciliation of funds:
Total funds brought forward 381 381
Total funds carried forward 1,281 1,281

9

Octandre Ensemble Charity Number: 1178461

Notes to the Accounts

Expenditure

Recognition of expenditure Expenditure is recognised on an accrual’s basis. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Expenditure on raising funds These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs. Expenditure on charitable activities These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. Taxation The charity is exempt from tax on its charitable activities. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts.

In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

10

Octandre Ensemble Charity Number: 1178461

3. Income from Donations & Legacies

3. Income from Donations &
Legacies
Unrestricted Total Total
2022 2021
£ £ £
Donations & Legacies 16,744 16,744 -
16,744 16,744 -
4. Income from charitable
activities
Unrestricted Total Total
2022 2021
£ £ £
Charitable Activities 8,365 8,365 900
8,365 8,365 900
5. Expenditure on charitable
activities
Unrestricted Total Total
2022 2021
£ £ £
Direct Costs 13,842 13,842 900
Accountancy 360 360 -
- - -
14,202 14,202 900
6. Other Expenditure
Unrestricted Total Total
2022 2021
£ £ £
Motor & Travel Costs 844 844 -
General Administrative Costs 15 15 -
859 859 -

11

Octandre Ensemble Charity Number: 1178461

7. Staff Costs

No employee received emoluments in excess of £60,000.

8. Creditors:

Amounts falling due within one Amounts falling due within one 2021
£
-
-
year
2022
£
360
Accruals
360
Total
9. Movement in
funds
At 1st April
2021		 Incoming
Resource		 Resources
Expended		 31st March
2022
£ £ £ £
Restricted funds: - - - -
Unrestricted funds:
General funds 1,281 25,109 (15,061) 11,329
Total Funds 1,281 25,109 (15,061) 11,329
10.
Analysis of net assets between funds
Unrestricted
funds Total
£ £
Net current assets 11,329 11,329
11,329 11,329
10.
Analysis of net assets between funds
Unrestricted
funds Total
£ £
Net current assets 11,329 11,329
11,329 11,329

12