Warwickshire
Symphony Orchestra
Warwickshire Symphony Orchestra CIO
Trustees, Annual Report & Financial
Statements
for the year
l August 2024 to 31 July 2025
Registered Charity no. 1186320

Warwi¢kshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Contents
Pago
Charfty Reference and Admlnlstrative Details
The Ch8ir'$ Statem8nt
The Treasurerf5 Report
Trustees, Report
Independent Examinerfs Report
Statement of Flnanclal Actlvltles
8alance Sheet
Notes to the Flnandal Ststements

Warwickshire Symphony Orcheslra (CIO)
Year Ended 31 July 2025
Charlty Reference and Administratlvo Detalls
Charlty roglstratlon number
1186320
Tru¥tees
c.voss {Chairl
J.Maynard IT￿8surerl
S.Coldicott (Minutes seuelary & venue manager)
G.Whiting (Orchestra manager)
P.Hinks (Malcolm Rowson award)
A.Ransford ITick8t secretsryl
S.Kelham-Gardn8r ILlbTarianl
J.S18fford (Programme planner & safeguatdlng officer)
P.Wain (Website & soc181 medsa officer)
Reglstorod Oflko
15 Lansdowne Gi￿u$
Leamington Spa
WaNAckshir8
CV32 4SW
Bank•rs
Lloyds Bank
120 Lewish8m Hlgh Sl
Londor¢
SE13 6JG
Indownd•nt Examln?r
G.Cox BA FCA
Oafferns Aud4t Limited
One Eas￿0￿
Blnley Business Park
Hary Weston Road
Coventry
CV3 2UB

Warwickshlre Symphony Orchestra (CIO)
Year Ended 31 July 2025
The Chair's Statement 2024-25
The 2024-25 season has been very memorable Musically. successful financially and with continued
prog￿SS in developing the organisallon. Audience numbers continued to grow both concerts at All
Salnts Church, Leamington Spa needing every available chair to be PLrt out. We have continued lo
build our online presence through both developing our website and the us8 of 50ci8l media. We have
engaged a professional designerwhose first effort has been to redesign our brochure. There have been
challenges arising from continued limited access to our traditional rehearsal v8nue, leading to some
rehearsals having to be elsewhere. We were saddened by the loss dunng the year of our percusslonists,
Huw Thomas and Seb F8rrall. They will bo greatly missed.
For our flrst concert, we welcomed th8 17 year old prodigy. Ryan Martln Bradshaw. HIS perfomianca
of Rachmaninov's 2ThY piano concerto was one of th8 highlights of the season. As one revlewer wrote.
°Warwiek Hall's Steinway has seldom witnessed such an attentlV8 pianist with a bewitching touch." The
concert was opened by Kodaly's Dances of Galanta and finished wlth Sib81ius' symphony no 2. The
concert was generously sponsored by Slr John and Lady Egan.
Our family concert was again led by our assoclate conductor, Paul Leddington Wright, The theme was
the Magic of Animals. with the c8ntre piece being Prokofiev's Peter and the Wolf narrated by DavKI
Bradley. The concert was very much enjoyed by all from young children lo parents and grandparents.
Our spring concert was on th8 theme of dance, wlth four very contrasting pieces, Strau¥s's Thunder
and Lightning polka, Copland's Rodeo SuSt8, Spartacus Suite no. 2 by Kha¢haturian and TGhaikovsky's
Swan Lake Suite. Th6 concert was very much appr8dat8d by a packed house.
For our final concert the centreplec8 was Mahler's formldable symphony no. 5. Th18 required
8$sembling a very large orchestra of 91 players, includlng six horns, three bassoons and a large
p8r¢u$sion sectlon. The orchestra ro88 lo the challenge and one crlliG wrote, 'This mammoth
performance is one of the hlghllghts of the orchestra so far." The symphony was preceded by
Mussorgsky's Nlght on a Bare ￿ntaIn, and Salnt-saens, Danse Macabre.
We are very grateful for the continued leadership of our conductor, Roger Coull, and our leader, George
Ewart. who have led the orch8slra lo high standards and to master challenging pieces. Our o)ncerts
have been ch8racterised by some outstanding playing in every concert.
As w811 as our regular concerts, a reduced orchestra played for the Chades Vllll8rs Stanford Orchestr81
Evensong in Cov&nlry Cathedral. A Play Day was held al King H8nry Vlll School In Coventy where
Roger Coull 18d us through Vaughan Vvilliams. symphony no S. The Play Day provlded the opportunlty
for social interaction among the memb8r5 of the orchestra, and was thoroughly gnloyed by everyone.
We held our annual orchestra dinner in Kenilworth In March which provide another enjoyable opportunity
for m8mb8rs of the orchestra to interact.
Flnally, the continued development of the orchestra has teen led by a dedicated group of Tiuslees,
suppDrt8d by volunteers and members of the orchestra. Without Ihelr continued hard work we would
not have been able to continue to develop the orchestra and address the challenges facing us.
Chrls Voss. Chalr

Warwlckshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
The Treasurer's Report 2024-25
The financial statements show the financial performance of the orchestra for the year ended 31 July
2025 and the financlal pos((ion as at that date. The overall financlal performance ha5 resulted in a total
surplus (net income) for the year of £8.315 {2023-24 £5.037}. Thi5 has increased the general
unrestrlcted funds of tho orchestra by £8,224, with interest Snix)m8 of £91 all￿ated to the designated
Malcolm Rowson lund.
The funds of the orchestra at 31 July 2025 totsl £64,495, and are represented by cash balances and
the only tangible asset of the orchestra, a sel of timpani and trailer.
Financially, 2024-25 has been a highly $ucce$s*Jl year for the orchestra. The maln contributory tsctor
has been thé large 33Vo increase in totsl lickel sales for our concerts ov6r Ihe season, to which the
Chairfs Statement refers. The increase in sales is mainly through the medlum of Ihe orch88tra's and
venue's websites, reflecting how consumers tend to purchase thelr enlertalnment in th& 21 century.
However. orchestra members also played thelr part by encouraglng frlends. f8mlly 8nd Colleagues to
buy tickets to attend the concerts.
There was also addition81 irscome from very generous donations and sponsorshlp of £4,400. Thanks
are due to all donors and Sponsors.
The dlracl costs of putting on our concerts remained similar to the previous $8ason. Th8se costs can
vary from year lo year depending on the programmes perfomied. So, although th8 hir8 of concert
venues and paym8nls lo professional musicians rose in 2024-25, we engaged fewer soloists. W8 were
thgrofor8 able to hold a 5uccessftJl Play Day in April, and Cary out seTviclng of the orchestra's tlmpanl,
expenses for which are induded in Ihe general support Costs. The other maln increase In costs was
from hiring rehearsal venues, reflecting the dlfficulties In firKllng a pemianent r8h8arsal home due to Ihe
ongoing RA4C issues al Myton School.
To conclude this report, thanks should be glven to all those who have given thelr lime in assisling In
the running of tha orchestra's activities and who have had a posits've Impact on Inancial matters.
This indudes those involved in publicity, managing the orchestra's w&bsite, social media and ticket
and programme sales both before and al concerts.
Jenny Maynard, Troa8ur•r

Warwickshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Truste88' Report
The Trustees present their report and the financial statements of the Charity for the year ended 31 Juty
2025. The Trustees have adopted the provisions of th8 Statement of Recommended Practice {SORP)
"Accounting and Reporting by Chari118s' IFRS 102} in prepadng the annual report and financial
ststements of the Charity.
The finand81 ststements have been prepared in accordance with the arKounting policies Sel out in note$
to the accounts and comply with the Charity's governing document. the Chari118s Act 2011 and
Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102), issued In October 2019.
Obl•¢tlv&8 and actlvltles
The primary oblective of the Charity Is to educate the public and promote th8 appreclauon of muslc by
the perfomiance of orchestral music concerts.
Another aim for the Charty is to support young sololsts and to encouragè younger players to 5oln the
orchestra, by keeping subscriptions at an affordable level.
The WSO has been pèrfoming In Leaminglon and Warwick slnce 1940, and as tr¢& Le8mSngton
Orchestral Society before that. 11$ players are drawn from all over the county and beyond. The orchestra
performs in many venues including Warwick Hall. ￿1 Salnts Church and the Royal Spa Centre In
Leaminglon, and Coventry Cathedral.
Over the years, the orchestra has worked wfth many illustrfous sololsts such 88 Peter oonoh08 and
Nadine Benjamin. and young performers including Gllllan B18ir. Louise Brailhw8118 and Callum Smart.
In 2014 Roger Coull was appointed permanent princlpal conductor; he has enhanced the WSO tradlllon
of achieving the very highest musical standard.
The WSO'S repertoir8 Indudes popular classical pleces and concertos, the annual family concert wllh
Associate Conductor Paul Leddlngton Wright. working wllh choirs such 88 the Leaminglon 88ch Cholr
and the Coventry Cathedral Chorus. and ambitious and malor wixks such as Holst's The Planet5, Elgar,
Mahler and ShostakoviGh symphonies, Stravinsky's Fi￿ts1rd and Verdl's Requlem.
structure. goveman¢o and manag•ment
The Charity was established on 13 Novemb6r 2019 and funds from the unincorporated charfty
Warwickghire Symphony Orchestra so￿ety {charity no 5072681 were transferred to the Charitable
IncoTpor8ted Organisation (CIO) on 1 January 2020.
The power of appointing an addillonal Trustee or a new TTUSte8 or Trustees is V05ted In th8 m8mb8rs
or the existing Trustees. The Trust does not have any employ8es- all Trustees are volunteers.
The Trustees have assessed the major risks to which the Charty is exposed. In parbcular those related
to the operations and financ85 of the Charty. and are satlsfied that systems ar￿ procedures are in place
to mitigate exposure to the major risks.
Maln actlvltles undgrtaken to lurther the charlty'$ purposes ft>r the publlc benefit
The Trustees have referred to the guidance contained in the Charity Commission's general guldance
on public benefit when reviewing their alms and objedives and in planning their future actlvities. In
particular, the Trustees consider how planned activities will wntribute to the aims and objectlves they
have set.

Warwlckshlre Symphony Orchestra (CIO
Ye•r Ended 31 July 2025
TnJst•￿. Report (Continued)
AGhkvemfjn15 and perfomwnco
R•vlow ol acovttl
The chwrty's income is primarity obtained from orchestral conc8rt6 and inGome eThled brth8 yearended
31 Juty 2W25 wa8 £35,3l312￿24.. £28.4641.
T￿ chaffty has made a surphts 01 £8.315 (2024." 8uWus £5,037).
¢Jolng conc•m
After makw¥J appropriate enquiriu, the Trustees have a reasonab￿ éxpctallon that th• Charfty ha8
adequate resources low￿1n￿e in operallonal exiylmce tsthe forvseeable ft￿re. FDrthi8 reason, th•y
conlinue to adcfA the going concem ba815 In the ffnancAal statemerts.
It 58 the pol*cy of the Tru8tfj•$ to malntsln guffl¢Jent ¢ayh Tejerveg to be avAilable In the event ol
fofeseen clreumytsn¢vs, beyond the control of the Tw81888. whlGh could ther8ely affect firture
6ncome or exFondilure. The level maintained Is eonyidere(I to be wuden( and should enable suffic￿TrI
ftmds to be avallable to support tha applicatKJn arNI costs of govemarKe.
The l•vel of olh regerv8s al 31 Juty 2025 waB £62.20312024.. £51.509). Tha Tw$te￿ consld•r the
rtlon lo be sabsfartory.
At 31 Juty 2025, the had free reserves of £61.886 (2024.. £53,642).
l•Ve aFWOVa lh• Truste￿, R•m In Lwr capacty a8 Tnthes.
On boh8V of thè 60
C. V4X8 (Chalrl

Warwlckshlre Symphony Orchestra ICIO)
Year Ended 31 July 2025
Independent Examlner's Report to the Trustees of Warwickshire Symphony Or¢hestra
(CIO) (the 'Charlty') for the year ended 31 July 2025
I report to the Charity Trustees on my 8xaminalion of the accounts of the Charity for the year ended 31
July 2025 which are set out on pages 7-14.
RESPONSIBILITIES AND BASIS OF REPORT
AS Trustees of the Chartty you are responsibl& for the preparallon of the accounts in accordance
wtih the requlrements of the Charities Act 2011 I'lhe 2011 Act'i.
I r8POrt in respect of my examlnation of the Charity's accounls c4rried out under section 145 of the 2011
Act and in carrylng out my examination I have followed all th8 applicable Direction5 given by th8 Charity
Commission under section 14515llbl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I can confirm that no matters have rJ)me to my att8ntion In connection
wrth the examlnation giving me cause to belleve that in any material respect..
1. Accounting records were not kepl Sn respect of th8 Charfty as requlred by section 130 of thg
2011 Act; or
2. The accounts do not accord wSth those records,. or
3. The accounts do not comply wllh the appliceble requirements concernlng the form and content
of the accounts set out in the Charitles (Accounts and Reports} Regulatlons 2008 other than
any requirement that the a¢￿untS glve a 'tru8 and fair, vlew whlch Is not a matter consbdered
as part of an independent examination.
I have Th) concerns and have come across no other matters In connectlon with the examinatlon to which
attention should be drawn In this report In order to enable a proper under5t8ndlng of th8 accounts to be
reached.
G.Cox BA FCA
For and on behalf of Dafferns Audil Llmlted
One Eastsvood
Harry Weston Road
Blnley Business Park
Coventry
CV3 2UB
Dated: S lo

Warwi¢kshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
s&￿ement of Flnanclal Activltles
Unrestricted
Funds
2025
Total
Fltnds
2025
Totsl
Funds
2024
Incom8 from:
Donatlons and legaaes
Charitabl8 activities
Investments
1,600
31,588
1,600
31,588
572
25,705
Totsl Sncomo
Exp•ndftur• on:
Charitable actNhl85
26,998
26.998
23,427
Totsl expèndlturn
Not Incomg1(expendltur•)
Transfers b8tsveen fijnds
N•t movement In fund•
R•¢onclllatlon of fund•:
Total funds brought forward
Total fund• Carrled forward
The Ststement of Flnancial Actfvilles indudes 811 galns 8nd losses recognlsed in the year.
The nol8s on pages g to 14 form part of these financial statements.

WarvAckshlre Symphony Orchestra (Clo>
Y•ar Ended 31 July 2025
Bala￿ Sheat as at 31 July 2026
)25
￿￿ed A¥sots
3.710
6.411
Cash at bank and in t*nd
65,913
CT•dTlorn'. amounts due wlthh one year
M•t Cwr•nt A•••ts
999
Ch•rtty Fund•
Urtre¥trl￿ fiinds
Totsl Clwblty Fund•
Th8lln8ncial ¥talements ww• approved and for IJ8ue by the Bwd on .. .
d ￿hall01 Ihg 8o¥d ofTw8t••8
C. VODS {Chatr)
J. Wnwd ITre8•urei)
The notes on pag8B 9 to 14 part ofthese financlal statement8.

Warwickshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Notss to the Flnanclal Statements
A¢countlng policie5
1.1 Basls of proparatlon of flnanclal Ststaments
The finanaal statements have been pr8pared in ac¢ordancewith Accounting and Reportlng by Charitles..
Statement of Recommended PractiGe applicable lo charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK issued in October 2019, the Financial Reporting
Standard applicable In the UK {FRS 1021 and the Chanlies Act 2011.
The financlal slatements have been prepared to give a "true and fairf, view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the ext8nt required to provide a 'tnJe and
falr view.. This deparbjre has involved following the Accounting and Reporting by Charities.. Statement
of Recommended Practice appliGable lo charities preparing their accounts in accordance with the
Financlal Reporting Standards applicable In the UK and Republic of Ireland issued in October 2019
rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effectlve
from 1 Aprll 2005 which has since been withdrawn.
The fin8ncial stat8mentS are prepared In Sterling whlch is the functional currency of th8 Chartty.
Warwickshire Symphony Orchestra (CIO) me8ts the definllion of a publlc benefit entity under FRS 102.
Assets and liabilltles are initially recognised at hislorlc cost or transaction value unS&ss otherwise stated
In relevant a¢￿￿ntIng pollcy notes.
The financlal stslements are prepared on g golng concem basss under the hlstori¢al cost convenllon,
modffied to indude certaln Items at falr value.
The slgnificant accountlng pollcle8 applied in the preparaUon of these financial statements are set out
below. Thes8 policles hav8 been conslslanlly applled to all ye8r8 presented unless othe￿is8 stated.
1.2 In¢om•
All Income Is recognised once the Charlty has enllt18ment to the Income. it is probable that the In￿m8
wlll be re￿1ve￿, and the 8mounl of Income rerAlvable can b8 measured reliably.
For donatlons to be recognlsed the Charity wlll have been nollfied of the amounts and the s8tt1em•nt
dale in wrlting.
For legacies, entitlement Is the earlier of th6 Charrty belng notified of an impending dlstributlon or the
legacy being recelved. At this point income is recognised.
Income from concert performance Is reujgnised when the event has Occur￿d.
Membershlp subscripllon ￿n￿me 58 account8d for on an acuuals basls.
Income tax recoverable in relation to donations recelved under Gift or deeds of Covenant is
recognlsed at the lime of tho donauon.
Interest on funds held on deposlt is Included when receivable and th8 amount can be measured rellabty
by the Charlty.
Olh8r income is recAwnised in the period in which it is receivable and to the extent the goods have been
provided or on wmpletion of the service.

Warwickshlre Symphony Orchestra {ClO)
Year Endod 31 July 2025
Notes to the Flnanclal Statements (Contlnued)
1.3 Expenditur•
AJI expenditure is accounted for on an accruals basls and has been dassified under headings that
aggregate 811 costs related to the category. Expendllure 1$ recognised where there is a legal or
constructive obligation to make payments to third parties. it15 probable that the settlement will be
required and the amount of th8 obligation can be measured reliably.
1.4 Tanglblo Flxèd Assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost In¢lud8s costs direcly
attributable to making the asset capable of operating as intended.
Depreciation is provkled on all tangible fixed assets, 81 rates calculated to write off th& cost, 18ss
e5timaled residual value, of each asset on a syslematlc basis over its 8xpected useful Ilfe as follows..
Equlpment.. 10 years straight line
1.5 Debtorn
Debtors receivable wlthln one year are recorded at transaction prlce.
1.6 Llabllltles
Llabilities are recognised when there Is an obllgallon at tha balance sheel date as a result of a past
event, It Is probable th81 a Iransfgr of 8Gonomic benefit will be ￿qUired in settlement, and the amounl of
the settlemonl can be eslimal8d reliably. Liabiliti88 are recc>Jn158d 8t the amount that the Charlty
anticlpales it will pay lo settle the debt or the amount it has received as advanced payments for the
goods or services it must provide.
1.7 Fund accountlng
General funds are unrestricted funds which are available for use at the dlscrellon of the Trustees In
furtherance of th8 general objectives of th8 Charfty and whbch hav8 not been deslgnated for other
purposes.
Unreslricted funds are available lor use at the discretion of the Trustees in furtherance of the general
objectives of the Gharity and which have not been designated for other purposes.
Designated funds Gomprfse unrestricted fvnds that have been set aside by the Trustees for particular
PUTPOS8S. The aim and use of each designated fund is set out in the notes to the ffin8ncial slalemenls.
10

Warwickshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Notes to the Financial SLqt8ments (Continued)
2 Income from donatlons and legacles
2025
2024
Donatlons
Total
Income from donations and legacles were wholly attrlbutable to unrestrl¢ted funds In both the ￿rrent
and proceding year.
3 Income from charttablo actlvltl•s
2025
2024
Ticket Income
Other concert Income
Sponsorship
Membership subscrlpllons
Gift Aid
Refreshments
Other
17,750
2,187
2.800
7,168
1.683
13.308
1.257
800
7,815
2,198
229
Total
Income from charltable activities were wholly attributable to unrestrlcted funds In both the current and
preceding year.
4 Income frorn Inve$lm•nt•
2025
2024
Bank interest
Total
Inwme from investments were wholty attrlbutable to unrestrlcled fvnds in both the current and preceding
11

Warwickshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Notes to the Flnanclal Statements {Contlnued)
5 Anatysls of oxpondlture on charltable actfvltlos
2025
2024
Direct Costs
Concert 8XP8ndilure
Rehearsal costs
Printing costs
10.355
9,751
10,493
8.905
Depreciation
Genergl expenses
Malcolm Rowson Fund
350
4,475
350
689
Governance Costs
Independent examin8r's f88
91
Totsl tharltabte activltle8
Expenditure on charltsble actlvibes wer8 wholly attrlbutsble to unr&slricted funds In both the ¢urr8nt and
preceding year.
6 Tru$tso•' •xpon$•s and remun•ratlon
The TTUSt888 n8lther recelved nor wafved any remuner8tlon or 6xpenses dunro the year12024 - £NIII.
12

Warwickshlre Symphony OrGhe$tra {ClO)
Year Ended 31 July 2025
Notes to the Flnancial Statements (Continued)
7 Tanglblo flxod assets
Equlpmont
Cost
At 1 August 2024
Addtbons
Oisp)sals
At 31 July 2025
3,500
D•pr•clatlon
At 1 August 2024
Charge for the year
Oisposals
At 31 July 2025
2,654
350
Net book valu?
At 31 July 2025
Al 31 July 2024
8 ot￿r dabtorn
2025
2024
Oth8r debtors
Prepaym&nts
1.683
4,637
Totsl
9 Cr0dftor•: amounts falllng due wllhln one y•ar
2025
2024
Other creditors
Accruals and deferred Income
1,914
1.556
Total
13

Warwickshire Symphony Orchestra (CIO)
Year Ended 31 July 2025
Notss to the Flnanclal Statements (Contlnued
10 Staternent of Funds
Current Year
Balanco at
1 August
2024
Balane• at
31 Juty
2025
Income Exp•nditur•
Unrnstrlcted Funds
General fund
Deslgnated fund.. Malcolm Row8on Fund
53.642
35.222
{26.998)
61.866
Totsl
The Malcolm Rowson Fund is to be u88d as a b8Bls for an 8wardlgranl for young tslenled double reed
players, as a tribute to Malcolm's m&mory. foTmei Chair.
11 Analy818 of net assets by fund
G•n•ral
UnroStrl¢t•d
Fund
2025
Doslgnatod
Fund
Totsl
2025
2025
Tangible as58ts
Curr8nl assets
Current Ilabllitles
496
63,284
496
65,913
2,629
Total
12 Rolated party transoCtlon•
There were no related paty transactlons durlng the yegr {2024: £nlll.
14