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2021-08-31-accounts

Trustees’ Annual Report for the period

From 1 September 2020 To 31 August 2021 Charity name: Romsey Chamber Music Festival Trust

Charity registration number: 1182043

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To promote education and appreciation of
music and the arts for the public benefit,
particularly by the presentation of the
Romsey Chamber Music Festival.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
The principal activities of the Trust are to
organise public concerts which are designed
to educate the wider public, the elderly,
children, and music students in high quality
chamber music. The festival also runs
workshops in schools, designed to introduce
and further educate school children in
chamber music and provide access to
performances to those who would not
normally attend a concert. Artists run
masterclasses for young musicians in
Hampshire as well as coaching sessions in
chamber music playing in order to maximise
the benefit of bringing high quality musicians
to Romsey.
After the pandemic forced the postponement
of our April 2020 festival, we hoped to run it
in late 2020 but due to a further wave of
infections and associated restrictions that
had to be abandoned. It was September
2021 before public concerts were possible
and our next Festival could be run; much of
the preparation being done in this financial
year for a normal schedule of 8 concerts
over a 4 day weekend.
This year we were able to meet some of our
educational objectives in a safe manner with
a substantial collection of educational videos
prepared for Hampshire Music Service on
technique, performance practice and
orchestral excerpts and online coaching.
Statement confirming
whether the trustees have
Para 1.18 The Trustees confirm that they are
complying with their duty to have due

had regard to the guidance issued by the Charity Commission on public benefit

regard to the guidance on public benefit published by the Charity Commission.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Not applicable
Policy on social investment
including program related
investment
Para 1.38 Not applicable
Contribution made by
volunteers
Para 1.38 The charity benefits enormously from a
Friends membership scheme and the
assistance of a number of volunteers in such
areas as promotion, audience interface and
artists' accommodation. Although no event
was held this year, volunteers helped with
plans for the next Festival immediately
following the year end in September 2021,
including publicity for the event.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Although no public events were held in this
period due to the pandemic, the educational
work carried out online in partnership with
Hampshire Music Service was well received
particularly as many of the children who
benefitted were unable to attend their normal
musical activities.
Advance ticket sales for the forthcoming
September 2021 Festival have been
promising indicating the appetite of the
public to return to live music events.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 The educational objectives were met this
year according as far as Covid-19
restrictions would allow as described above.
Although these restrictions did not allow the
public performance objectives to be met, the
preparatory work carried out in this period
aims to meet the objectives in the following
year.
Performance of fundraising
activities against objectives
set
Para 1.41 Fundraising for the cancelled April 2020
Festival had left us in a good position for the
upcoming September 2021 Festival, as
cancellation costs were covered by an Arts
Council Emergency Covid grant of which the
final instalment was received in this financial
year. Some further grants and memberships
have been received for the September 2021
Festival while earlier grants/memberships for
the cancelled festival are carried over.
Investment performance
against objectives
Para 1.41 Not applicable
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 The charity had an account balance at the
bank of £16,689 at the end of the period,
which after liabilities of around £12,500
including artist fees for the pending 2021
Festival left reserves of £4,370 without
consideration of the further ticket sales,
memberships and grants received in the 2
weeks after the year end associated with the
Sep 2021 Festival.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The Trustees' reserves policy aims to
maintain sufficient funds to pay the costs of
the artists' fees and other costs in a timely
fashion.
Amount of reserves held Para 1.22 £4,370
Reasons for holding zero
reserves
Para 1.22 Not applicable
Details of fund materially in
deficit
Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Not applicable
Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:
The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The charity receives some grants from local
sources and some national organisations
(the Arts Council). A festival friends and
patron’s scheme also contribute financial
support, in addition to ticket sales.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 Not applicable
A description of the principal
risks facing the charity
Para 1.46 Covid lockdown constraints and social
distancing and an extended period of time
when concert attendance has not been
possible may affect audience confidence,
particularly elderly members. Schools’
activities may also be more challenging to
organise due to Covid restrictions.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Romsey Chamber Music Festival Trust has
no subsidiaries
Type of governing document
(trust deed, royal charter)
Para 1.25 CIO - FOUNDATION Registered 15 Feb
2019
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charitable Incorporated Organisation
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Appointed by the current trustees after
consideration of skills, knowledge and
experience.
Additional information (optional)
You may choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 No new trustees appointed in this period.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other The final instalment of the Arts Council
Emergency Covid grant, awarded to cover
costs of the cancelled 2020 Festival, was
received in this period after the final
cancellation payments of £4700 were made,
including a fee of £1,100 paid to the Artistic
Director on the same basis as other
performers.

Reference and Administrative details

Charityname RomseyChamber Music Festival Trust
Other name the charity uses
Registered charitynumber 1182043
Charity’s principal address Monkswood, Winchester Road,
Ampfield
Romsey
SO51 9BU

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Huw Evans Chairman
Laura Rickard Artistic Director
Kathryn Rickard Administrator
Louise Woods
David Haigh

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Huw Evans Position (eg Secretary, Chair Chair, etc) Date

ROMSEY CHAMBER MUSIC FESTIVAL TRUST ROMSEY CHAMBER MUSIC FESTIVAL TRUST ROMSEY CHAMBER MUSIC FESTIVAL TRUST 1182043 1182043 1182043 CC16a
For the period
from
01/09/2020 To 31/08/2021
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
1,984
920
-
2,495
-
-
-
-
5,399
-
-
-
5,399
4,700
877
59
47
-
-
-
-
-
5,683
-
-
-
5,683
- 284
-
-
- 284
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
1,984
920
-
2,495
-
-
-
-
5,399
-
-
-
5,399
4,700
877
59
47
-
-
-
-
-
5,683
-
-
-
5,683
- 284
Last year
to the nearest £
Income from Events 1,984 -
Friends Scheme and Donations 920 -
Gift Aid - -
Grants 2,495 -
- -
- -
- -
- -
~~Sub total~~~~(Gross income for~~
AR)
5,399 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-

Artists Costs
4,700 -
Event Costs 877 -
MarketingCosts 59 -
Administration and Sundry 47 -
- -
- -
- -
- -
- -
**Sub total ** 5,683 -
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
-
- 284 - - - 284 -
- - - - -
- - - - -
- 284 - - - 284 -

CCXX R1 accounts (SS)

03/06/2022

1

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
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Bank Current account
Details
Details
Details
Sep 2021 Festival costs pending
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
16,689
-
-
-
-
-
16,689
-
Agreement Error
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)
12,500
-
-
Print Name
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

03/06/2022

2