## **Trustees' Annual Report for the period** ||Period start date|Period start date|||Period end date|Period end date|| |---|---|---|---|---|---|---|---| ||**01**|**September**|**2020**||**31**|**August**|**2021**| |**From **||||**To**|||| ## Section A Reference and administration details **Charity name** London Philharmonic Orchestra Benevolent Fund **Other names charity is known by Registered charity number (if any)** 1179449 **Charity's principal address** 18 Stanhope Avenue Bromley **Postcode** BR2 7JR ## **Names of the charity trustees who manage the charity** |1
2
3
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6
7
8
9
10
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15|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||George Peniston||Acted for the whole year.
Appointed on 3 August
2018|| ||Stewart McIlwham||Acted for the whole year
Appointed on 01 July
2018|| ||Joseph Joachim
Maher||Appointed on 3 August
2018|| ||Kate Virginia
Birchall||Appointed on 1 July
2019|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser **
**Name**
**Address**||| |Independent examiner|HW Fisher LLP|Acre House 11-15 William Road| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Trust deed Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted - (eg. trust, association, company) Appointed by existing trustees Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. **TAR** 2 ## **Section C Objectives and activities** The objects of the charity are for the public benefit: 1. To support past and present members of the London Philharmonic Orchestra who are suffering hardship through illness, injury or other **Summary of the objects of the** reasons approved by the trustees. **charity set out in its** 2. To support members who are unable to work while caring for a **governing document** dependant as well as supporting maternity and paternity leave. 1. The performance and recording of music and opera of the highest standard to home and international audiences. 2. The education of communities in the art of music and its benefits. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** **TAR** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** 4 ## Section D Achievements and erformance p **Summary of the main** 1. Supporting members who are unable to work in accordance with our **achievements of the charity** objects. **during the year** **TAR** 5 ## **Section E Financial review** - **Brief statement of the** 1. Reserves invested in an interest paying limited access account. **charity’s policy on reserves** 2. Monitoring of Reserves in order to ensure appropriate returns. **Details of any funds materially** N/A **in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** George Peniston **Position (eg Secretary, Chair,** Chair **etc) Date** 22 Jun 2022 **TAR** 6 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name London Philharmonic Orchestra Benevolent Fund **members of** **On accounts for the year** 31 August 2021 **Charity no** 1179449 **ended (if any) Set out on pages** 2 - 3 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2020. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 22 Jun 2022 ~~HW Fisher LLP~~ **Name:** Andrew Rich **Relevant professional** IE **qualification(s) or body (if any): Address:** HW Fisher LLP Acre House, 11-15 William Road London, NW1 3ER **IER** 7 **LONDON PHILHARMONIC ORCHESTRA BENEVOLENT 1179449 FUND Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01-Sep-20 31-Aug-21 |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**32,667**
**312**
**-**
**-**
**-**
**872**
**-**
**-**
**-**
**33,851**
**-**
**-**
**-**
**33,851**
**19,340**
**950**
**3,123**
**500**
**200**
**13,336**
**-**
**-**
**159**
**37,608**
**-**
**-**
**-**
**37,608**
**- 3,757**
**-**
**278,563**
**274,806**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**32,667**
**312**
**-**
**-**
**-**
**872**
**-**
**-**
**-**
**33,851**
**-**
**-**
**-**
**33,851**
**19,340**
**950**
**3,123**
**500**
**200**
**13,336**
**-**
**-**
**159**
**37,608**
**-**
**-**
**-**
**37,608**
**- 3,757**||**Last year**
**to the nearest £**| |London Philharmonic Orchestra
Subscriptions|**32,667**|||||**20,978**| |Direct Subscriptions|**312**|||||**312**| |Mobile Rings|**-**|||||**5**| |Admin|**-**|||||**5,775**| |Musicians HearingHealth Scheme|**-**|||||**-**| |Interest|**872**|||||**1,486**| |Donations|**-**|||||**106**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**33,851**|||||**28,662**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**28,662**| |||||||| |Illness|**19,340**|||||**22,975**| |Operation|**950**|||||**4,250**| |Admin|**3,123**|||||**1,016**| |Paid Leave|**500**|||||**1,860**| |Compassionate Leave|**200**|||||**5,370**| |Musicians HearingHealth Scheme|**13,336**|||||**400**| |JuryService Hardship|**-**|||||**-**| |Legal fees|**-**|||||**2,352**| |Refund|**159**|||||**5,800**| |**_Sub total_ **|**37,608**|||||**44,023**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**44,023**| |||||||| ||**- 3,757**|**-**|**-**|**- 3,757**||**- 15,361**| ||**-**|**-**|**-**|**-**||**-**| ||**278,563**|**-**|**-**|**278,563**||**293,924**| ||**274,806**|**-**|**-**|**274,806**||**278,563**| LPO Orchestra Benevolent Fund was registered as a charity on 3 August 2018 but existed as an unincorporated entity prior to registration. ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B2 Other monetary assets**
**B1 Cash funds**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|Current account
Reserve account
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**46,744**
**-**
**228,062**
**-**
**-**
**-**
**274,806**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
George Peniston|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||George Peniston|22 Jun 2022| ||||| ||||| **Issuer** HW Fisher **Document generated** Wed, 22nd Jun 2022 17:30:38 BST **Document fingerprint** 15d5c501e0165921ddf33945687bf3c6 ## **Parties involved with this document** **Document processed Party + Fingerprint** Wed, 22nd Jun 2022 17:51:48 BST George Peniston - Signer (0b3336c14fb95300b0e1b7d06b2f06d2) Wed, 22nd Jun 2022 18:53:01 BST Andy Rich - Signer (d09be24aa70e8f384a4f6d5f898161fd) **Audit history log Date Action** Wed, 22nd Jun 2022 18:53:04 BST Andy Rich viewed the envelope. (35.179.80.221) Wed, 22nd Jun 2022 18:53:01 BST The envelope has been signed by all parties. (35.179.80.221) Wed, 22nd Jun 2022 18:53:01 BST Andy Rich signed the envelope. (35.179.80.221) Wed, 22nd Jun 2022 18:52:43 BST Andy Rich viewed the envelope. (35.179.80.221) Wed, 22nd Jun 2022 18:52:33 BST Andy Rich opened the document email. (109.249.183.32) Wed, 22nd Jun 2022 18:52:33 BST Andy Rich opened the document email. (109.249.183.32) Wed, 22nd Jun 2022 17:51:50 BST George Peniston viewed the envelope. (35.179.60.205) Wed, 22nd Jun 2022 17:51:49 BST Document emailed to arich@hwfisher.co.uk (3.10.19.139) Wed, 22nd Jun 2022 17:51:48 BST Sent the envelope to Andy Rich (arich@hwfisher.co.uk) for signing. (35.179.60.205) Wed, 22nd Jun 2022 17:51:48 BST George Peniston signed the envelope. (35.179.60.205) Wed, 22nd Jun 2022 17:47:43 BST George Peniston viewed the envelope. (35.179.60.205) Wed, 22nd Jun 2022 17:47:38 BST George Peniston opened the document email. (66.249.93.196) Wed, 22nd Jun 2022 17:45:36 BST George Peniston opened the document email. (66.249.93.198) Wed, 22nd Jun 2022 17:45:32 BST George Peniston opened the document email. (66.249.93.198) Wed, 22nd Jun 2022 17:44:54 BST George Peniston opened the document email. (66.249.93.198) Wed, 22nd Jun 2022 17:44:20 BST George Peniston opened the document email. (66.249.93.220) Wed, 22nd Jun 2022 17:37:14 BST Document emailed to georgepeniston@gmail.com (13.40.151.0) Wed, 22nd Jun 2022 17:37:14 BST Sent the envelope to George Peniston (georgepeniston@gmail.com) for signing. (217.207.100.70) Wed, 22nd Jun 2022 17:31:54 BST Andy Rich has been assigned to this envelope (217.207.100.70) Wed, 22nd Jun 2022 17:31:54 BST George Peniston has been assigned to this envelope (217.207.100.70) Wed, 22nd Jun 2022 17:30:43 BST Document generated with fingerprint 15d5c501e0165921ddf33945687bf3c6 (217.207.100.70) Wed, 22nd Jun 2022 17:30:38 BST Envelope generated by Shafayat Khan (217.207.100.70)