Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Keynote Music** 

**A Charitable Incorporated Organisation (CIO) Report and Financial Statements Year ending 31 October 2025** 


After my Breath, Grimeborn Opera Festival 

## Charity Number 1186774 

www.keynotemusic.org.uk 

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## **Keynote Music** 

**Contents of the report and financial statements** 

**For the year ended 31 October 2025** 

Trustees and administrative details - - - - - - 3 Report of the Trustees - - - - - 3 - 9 Accounts (with independent review)  - - - - - 10-16 


Bronte the Opera, Grimeborn Opera Festival 

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## **Trustees** 

Keynote Music’s Trustees:       Amooti Binaisa (Chair) 

John Logan (Treasurer) 

Lisa Logan George Avory Valerie Smith Shabnam Russo 

Half of our trustees are from a global minority background, supporting our focus to improve diversity in classical music. We also trustees from under-represented groups in respect of diversity e.g. a female composer. 


## **Reference and Administrative Details** 

Charity Number: 1186774 Registered with: The Charity Commission of England and Wales Correspondence Address: 48 Medway Rd, Bow, London E3 5BY Charity Form: Charitable Incorporated Organisation (CIO), Foundation Model 

## **Contacting Keynote Music** 

Keynote Music can be contacted through the email address: 

keynotemusiccharity@gmail.com More information about Keynote Music can be found on our website, www.keynoteopera.co.uk 

## **Structure, Governance and Management** 

Keynote Music is governed by its Constitution, which is available for download from the Charity Commission website. 

It has two related companies: a related subsidiary trading as Keynote Opera (Lisa Logan Opera Projects Limited) for creative tax credit purposes from its live opera and music performances owned by Keynote Opera Productions Limited. It is also not for profit and used for live performances for which theatre/music tax credits can be claimed. 

The objects of Keynote Music are: to advance public education in and appreciation of the art of opera, music and musical theatre, in particular but not exclusively by promoting interest in and access to new music and new opera through regular public performances and workshops and by offering singers and composers the opportunity to work alongside experienced opera practitioners to develop as artists and composers, in particular but not limited to helping those who are socially or economically disadvantaged and underrepresented. 

In line with our objects we have commissioned and are developing and producing four new operas, new children’s musical works and song cycles, as well as outreach and community work e.g. free performances, music workshops with an inclusive disabled young musician group and schools workshops. 

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Day-to-day Keynote Music is managed by Amooti Binaisa, our chairwoman, and its trustee and founder Lisa Logan, who is a female composer as well as a media lawyer. During productions and community work, up to 35 freelance singers, musicians, teachers and creative team are contracted to work for us. For bigger projects we pay a production manager and/or producer. 


## **Appointment of Trustees** 

We appointed one more trustee, appointed by a resolution passed at a properly convened meeting of the charity trustees. Shabnam Russo is a successful businesswoman and was a finalist in Fortnum’s Nationwide  Pudding Competition for the Queen's Platinum Jubilee in 2022. 

Every new trustee is appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees will have considered the skills, knowledge and experience needed for the effective administration of the CIO. 


## **Keynote Music** 

## **Report of the Trustees for the year ending 31 October 2025** 

The Trustees of Keynote Music are pleased to present their annual report, together with the financial statements of the charity for the year ending 31 October 2025, which have been prepared under the accrual basis method. This report and the accompanying accounts have been prepared to meet the requirements of the Charity Commission. 

Keynote Music was incorporated as a Charitable Incorporated Organisation based on the Foundation Model on 5 December 2019 and is registered with the Charity Commission of England and Wales, registration number 1186774. It has a related subsidiary trading as Keynote Opera (Lisa Logan Opera Projects Limited) for theatre tax credit purposes, also not for profit and used for live performances for which theatre tax credit can be claimed. This is the sixth annual report of Keynote Music. It covers the sixth financial year, which is the period from 1 November 2024 to 31 October 2025. 

More information about Keynote Music is available on our web site, at www.keynoteopera.co.uk. 

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

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## **1. Objects, Organisation and Activities** 

The purpose of Keynote Music is to advance the arts for the public benefit through the promotion and presentation of new opera and musical theatre to the highest possible standards for the benefits of the local communities through regular public performances in which the company performs; and to advance less experienced singers and composers by giving them the opportunity to work alongside experienced opera practitioners to develop as artists and composers in workshops and performance. 

Along with performing opera, Keynote Music strives to use the medium of opera to foster social inclusion in particular but not limited to helping those who are socially or economically disadvantaged and underrepresented. 

The trustees confirm that they have, with regard to the Charity Commission’s guidance on public benefit, implemented plans to promote opera as an art form, to commission new children’s music and to increase the scope and impact of the charity on accessing members of the public not previously reached. 

## **2. Review of activities Principal activity** 

The principal activity of the charity is that of developing, commissioning and producing new music, including new opera, new music for children, new musicals and new songs especially for our community work. Our outreach work includes free/open performances, music workshops and schools/community outreach work. 


Bronte the Opera, Grimeborn Opera Festival 

## **2.1 Promotion and presentation of new opera, new music and musical theatre** 

In 2025 Keynote focussed on development of a variety of further new opera works: 

- Our related subsidiary was awarded a substantial ACE R&D grant for a new opera in development with Tara Theatre in 2026-2028. 

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- ‘After my Breath’- a love letter to Greta Thunberg, a new chamber opera was written, developed and pitched. It premiered at Grimeborn Festival July 2026 (part of the next annual return finances). 

- ● Our previous work: 

- ‘Bronte the opera’ composer Lisa Logan, written by Polly Teale at Arcola Theatre, Grimeborn Festival.  OFFIE nomination. 4* reviews – quotes. 4 fully staged performances with Docklands Sinfonia, cond. Alex Ingram, dir. Katharina Kastening, September 2023. 

- Soundbox disabled young people music project funded by Foundation for Future London, on the theme of ‘around the world’.   With performances at St Paul’s school and opening of Young V&A (aka the Museum of Childhood). 15 mixed disabled and non-disabled young people aged 11-18. 

- Premiere of a new children’s song ‘Where go the boats’ and Brontë opera quartet at the Museum of Childhood (now Young V&A). 

- ‘Journey of a war child’ quintet on International Women’s Day family concert in Hackney with partner Hackney Proms, February 2023. 

- We commissioned female composer Effy Efthymiou’s piece ‘Bird With a Wolf Heart’ with local partner ELMG (East London Music Group), which premiered December 2022 with CoMa and  several professional musicians at Queen Mary University, East London. 

- Westfield Stratford free performance of Brontë the opera songs in November 2023. 

- Ongoing development of two new operas. 

- Our third opera ‘Touch’ is in development and we are intending to co-produce this with the Arcola Theatre in 2028. 

## **2.2 Public performances** 

- ‘After my Breath’- a love letter to Greta Thunberg, a new chamber opera premiered at Grimeborn Festival July 2026 (part of next annual return). A strong female team: Marina  Caldarone directed, Tiffany Fraser Steele designed, Beth Fitzpatrick conducted, and Emily Thorner created the role of Greta. Produced by Keynote Opera. Composed by Lisa Logan. 


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After my Breath, a love letter to Greta Thunberg, Grimeborn Opera Festival. 

## **2.3 Workshops** 

R&D workshops soon with Tara Theatre for a new experimental opera funded via our related subsidiary Keynote Opera by ACE. 

## **2.4 Community impact and inclusivity** 

Keynote Music is committed to maintaining inclusivity in all of its productions and to ensuring that our impact in the local communities from which we draw company members and in which we perform is valued and positive. In particular, we focus on generating positive impact through: 

- **Local audiences:** our work at Grimeborn Opera Festival attracts a local East London audience. 

- **Diversity:** ‘After my Breath’- a love letter to Greta Thunberg, supported a female composer, an emerging young female conductor, a female writer, director and older Linbury award winning designer. 

- **Outreach:** long term we are planning outreach for KS1-level school children in Tower Hamlets and for elderly people in care homes. 

- **Children:** Our children’s music projects have involved the Soundbox Collective (able-bodied and disabled young people) in a performance for diverse urban East London families of many nationalities and cultures. Local children were involved in devising and updating classic stories. 

- **Free local performances to new audiences:** we received funding from Foundation for Future London for two free performances and from the Leche Trust for ‘Brontë’. 

## **2.5 Principal sources of funds** 

The charity is supported by private donor funding, gift aid  and by income from admissions to productions. This year, we secured an ACE grant of £30,000 (via our related subsidiary) for a new opera and private donations, mainly by the Trustees and one private donor, of £12,000 (including gift aid). 

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We have applied for many grants and remain hopeful that our work in 2027-9 and onwards for new opera/new music, children, our local community and outreach work will be a need with good outcomes that receive grant funding. 

Our future live performances will be through our subsidiary to permit creative tax relief applications. 

## **3. Risk review** 

The Trustees carry out: 

- A regular review of the risks the charity may face; 

- The establishment of systems and procedures to mitigate those risks; 

- The implementation of procedures designed to minimise any potential impact on the charity should those risks materialise; and 

- The next comprehensive risk assessment for the charity is scheduled for 2026. 

## **4. Safeguarding** 

Keynote Music has consulted with a leading head-teacher on all aspects of safeguarding regarding its work with children. Chairwoman Lisa Logan has received school standard safeguarding training and all projects include enhanced DBS checks and training for our teachers and contributors working with children. John Logan (trustee) was appointed Head of Safeguarding. Our public performances and workshops involving children and families during 2022 were held with reference to our charity’s comprehensive safeguarding policies. 

## **5. Trustees** 

The trustees who held office during the period were: 

Amooti Binaisa (Chair) 

Lisa Logan 

John Logan (Treasurer) 

George Avory 

Valerie Smith 

Shabnam Russo 

**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:** 


Amooti Binaisa (Chair) 

8/16/2026 Date: 


John Logan (Treasurer and Head of Safeguarding) 

16/08/2026 Date: 

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## **1. Trustees and subsidiary directors’ remuneration and expenses** 

The company directors are both directors and trustees of the company for company and charity law purposes. Its related subsidiary trading as Keynote Opera (Lisa Logan Opera Projects Limited) is for theatre tax credit purposes, and the charity will remain separate and lend or gift monies for new opera productions. 

None of the trustees or directors were paid remuneration or expenses in their capacity as trustees or directors. Lisa Logan takes no fees as a composer for any music services and gives money for other charitable purposes e.g. young singers fees, and outreach work. 

## **2. Preparation and review of the accounts.** 

In its sixth year Keynote Music has reported £6000 in income for 12 months. Given its current size and simple transactional complexity and the fact the charity has not produced any new operas this year, its income was below the required audit threshold so an independent examination was not necessary and the trustees approved accounts based on the last examination. 


End of document 

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**----- Start of picture text -----**<br>
Keynote Music Charity No   1186774<br>Annual accounts for the period<br>1 November 2024 To 31 October 2025<br>Section A                      Statement of financial activities<br>Unrestricted   Restricted  Prior year<br>Recommended categories by activity funds income funds Endowment funds Total funds funds<br>£ £ £ £ £<br>Incoming resources (Note 3) F01 F02 F03 F04 F05<br>Income and endowments from:<br>Donations, loans and legacies (incl. grants and gift<br>aid) S01 6,000 0 0 6,000 0<br>Grants<br>gift aid<br>Charitable activities S02 0 0 0<br>Other trading activities S03 £0.00 0 0 0 224<br>Investments S04 0 0 0<br>Separate material item of income eg loan<br>repayment from KOPL S05 0 0 0 0 7,441<br>Other S06 0 0 0 0<br>Total S07 6,000 0 0 0 7,665<br>Resources expended (Note 6)<br>Expenditure on:<br>Raising funds S08 0 0 0<br>Charitable activities S09 0 0<br>Separate material item of expense S10 47 0 0 47<br>Other S11 3,500 0 0<br>Total S12 3,547 0 0<br>Net income/(expenditure) before investment gains/<br>(losses) S13 0 0 0 (1,100) (1,100)<br>Net gains/(losses) on investments S14 0 0 0 0<br>Net income/(expenditure) S15 0 0 0 (1,100) (1,100)<br>Extraordinary items S16 0 0 0 0<br>Transfers between funds S17 0 0 0 0<br>Other recognised gains/(losses):<br>Gains and losses on revaluation of fixed assets for the charity’s own use  S18 0 0<br>Other gains/(losses) S19 0 0 0 0<br>Net movement in funds S20 3,547 0 0 1,100 1,100<br>Reconciliation of funds:<br>Total funds brought forward S21 8,021 0 0 8,021 5,568<br>Total funds carried forward  S22 8,021 0 0 8,021 5,568<br>1<br>ce Notes<br>**----- End of picture text -----**<br>




Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Section B                      Balance sheet** 

|Guidance Notes<br>**Fixed assets**<br>**Intangible assets            (Note 15)**<br>B01<br>**Tangible assets              (Note 14)**<br>B02<br>**Heritage assets              (Note 16)**<br>B03<br>**Investments                    (Note 17)**<br>B04|Guidance Notes<br>**Fixed assets**<br>**Intangible assets            (Note 15)**<br>B01<br>**Tangible assets              (Note 14)**<br>B02<br>**Heritage assets              (Note 16)**<br>B03<br>**Investments                    (Note 17)**<br>B04|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**£**<br>**£**<br>F01<br>F02|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**£**<br>**£**<br>F01<br>F02|**Endowment**<br>**funds**<br>**Total this**<br>**year**<br>**Total last**<br>**year**<br>**£**<br>**£**<br>**£**<br>F03<br>F04<br>F05|**Endowment**<br>**funds**<br>**Total this**<br>**year**<br>**Total last**<br>**year**<br>**£**<br>**£**<br>**£**<br>F03<br>F04<br>F05|**Endowment**<br>**funds**<br>**Total this**<br>**year**<br>**Total last**<br>**year**<br>**£**<br>**£**<br>**£**<br>F03<br>F04<br>F05|
|---|---|---|---|---|---|---|
||B01<br>B02<br>B03<br>B04||-<br>--|-<br>--|-<br>--||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
|**_Total fixed assets_**<br>**Current assets**<br>**Stocks                             (Note 18)**<br>**Debtors                           (Note 19)**<br>**Investments                  (Note 17.4)**<br>**Cash at bank and in hand (Note 24)**<br>**_Total current assets_**<br>**Creditors: amounts falling due within one**<br>**year              (Note 20)**|B05<br>B06<br>B07<br>B08<br>B09<br>B10<br>B11||-<br>--|-<br>--|||
||||||||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
||||-<br>--|-<br>--|-<br>--||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
|||8,021)|-<br>--|-<br>--|-<br>8,021-|5,568)|
|||-<br>8,021-|-<br>--|-<br>--|-<br>8,021-|-<br>5,568-|
||||||||
||||-<br>--|-<br>--|-<br>--||
||||||||
|**_Net current assets/(liabilities)_**|B12|-<br>8,021-|-<br>--|-<br>--|-<br>8,021-|-<br>5,568-|
||||||||
|**_Total assets less current liabilities_**<br>**Creditors: amounts falling due after one**<br>**year                (Note 20)**<br>**Provisions for liabilities**|B13<br>B14<br>B15|-<br>8,021-|-<br>--|**-**<br>**--**|-<br>8,021-|-<br>5,568-|
||||||||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
||||||||
|**_Total net assets or liabilities_**<br>B16<br>**Funds of the Charity**<br>**Endowment funds (Note 27)**<br>B17<br>**Restricted income funds (Note 27)**<br>B18<br>**Unrestricted funds**<br>B19<br>**Revaluation reserve**<br>B20<br>**_Total funds_**<br>B21<br>Signed by one or two trustees on behalf of all the<br>trustees|B16<br>B17<br>B18<br>B19<br>B20<br>B21|-<br>8,021-|-<br>--|-<br>--|-<br>8,021-|-<br>5,568-|
|||-<br>--||-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--|||
||||||-<br>--<br>-<br>--<br>-<br>--<br>-<br>--||
||||-<br>--|-<br>--|||
||||||||
||||||||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|
||||||||
|||Signature||Print Name<br>||Date of<br>approval<br>dd/mm/yyyy<br>152026|
|||||Lisa Logan<br><br>||//|
|||||Amooti Binaisa<br>||8/16/2026|
||||||||
||||||||





Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Section C                                            Notes to the accounts** 

Note 1 **Basis of preparation** 

_**This section should be completed by all charities** ._ 

## **1.1 Basis of accounting** 

|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value<br>unless otherwise stated in the relevant note(s) to these accounts.|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value<br>unless otherwise stated in the relevant note(s) to these accounts.|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value<br>unless otherwise stated in the relevant note(s) to these accounts.|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value<br>unless otherwise stated in the relevant note(s) to these accounts.||
|---|---|---|---|---|
|The accounts have been prepared in accordance with:|||||
|•  and with*<br>ü<br>the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their<br>accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic<br>of Ireland (FRS 102) issued on 16 July 2014|||||
|•  and with*<br>ü<br>the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS<br>102)|||||
|• and with the Charities Act 2011.|||||
||||||
|The charity constitutes a public benefit entity as defined by FRS<br>102.*|||||



* -Tick as appropriate 

## **1.2  Going concern** 

_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ 

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. 

## **1.3 Change of accounting policy** 

The accounts present a true and fair view and the accounting policies adopted are those outlined in note {  }. 

|Yes*<br>ü<br>No*<br>ü||* -Tick as appropriate|* -Tick as appropriate||||
|---|---|---|---|---|---|---|
||||||||
|**_Please disclose:_**|||||||
|**_(i) the nature of the change in accounting policy;_**|||||||
|**_(ii) the reasons why applying the new accounting policy_**<br>**_provides more reliable and more relevant information; and_**|||||||





Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

_**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_ 



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Section C             Notes to the accounts (cont)<br>Note 2                           Accounting policies<br>Please complete this note when first reporting under FRS2102.  Section 35 of FRS102, requires 3 reconciliations to be presented, if all<br>are applicable.<br>2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING<br>PRACTICE<br>Please provide a description of<br>the nature of each change in<br>accounting policy<br>Reconcilation of funds per previous GAAP to funds determined under FRS 102<br>Start of period End of<br>period<br>£ £<br>Fund balances as previously  0<br>stated<br>Adjustments:<br>Fund balance as restated<br>Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102<br>End of<br>period<br>£<br>Net income/(expenditure) as previously stated<br>Adjustments:<br>Previous period net income/(expenditure) as  0<br>restated<br>**----- End of picture text -----**<br>




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Section C                                            Notes to the accounts                                                        (cont)<br>Note 2                           Accounting policies<br>2.2 INCOME<br>This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a".  Where a different or<br>additional policy has been adopted then this is detailed in the box below.<br>Recognition of income These are included in the Statement of Financial Activities (SoFA) when:<br>·       the charity becomes entitled to the resources;<br>·       it is more likely than not that the trustees will receive the resources; and Yes No N/a<br>·       the monetary value can be measured with sufficient reliability. Yes ü ü<br>Yes No N/a<br>Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Yes ü ü<br>Yes No N/a<br>Grants and donations are only included in the SoFA when the general income recognition criteria  Yes<br>Grants and donations are met (5.10 to 5.12 FRS102 SORP).  ü ü<br>Yes No N/a<br>In the case of performance related grants, income must only be recognised to the extent that the<br>charity has provided the specified goods or services as entitlement to the grant only occurs when  Yes<br>the performance related conditions are met (5.16 FRS 102 SORP). ü ü<br>Gift Aid receivable is included in income when there is a valid declaration from the donor.  Any<br>Tax reclaims on donations  Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an  Yes No N/a<br>and gifts addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Yes ü ü<br>Yes No N/a<br>This is only included in the SoFA once the charity has provided the related goods or services or<br>Contractual income and  met the performance related conditions. Yes ü ü<br>performance related grants<br>Yes No N/a<br>Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. Yes ü ü<br>The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair  Yes No N/a<br>value of those gifts at the time of their receipt and they are recognised on receipt.  In the reporting<br>period in which the stocks are distributed, they are recognised as an expense at the carrying  Yes ü ü<br>amount of the stocks at distribution.<br>Donated goods for resale are measured at fair value on initial recognition, which is the expected  Yes No N/a<br>proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading<br>activities' with the corresponding stock recognised in the balance sheet.  On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from  sale are  Yes ü ü<br>also recognised as 'Income from other trading activities'.<br>Yes No N/a<br>Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.   Yes ü ü<br>Yes No N/a<br>Gifts in kind for use by the charity are included in the SoFA as income from donations when<br>receivable.   Yes ü ü<br>Donated services and  Donated services and facilities are included in the SOFA when received at the value of the gift to  Yes No N/a<br>facilities  the charity provided the value of the gift can be measured reliably.   Yes ü ü<br>Yes No N/a<br>Donated services and facilities that are consumed immediately are recognised as income with an  Yes ü ü<br>equivalent amount recognised as an expense under the appropriate heading in the SOFA.<br>Yes No N/a<br>Support costs The charity has incurred expenditure on support costs. Yes ü ü<br>Yes No N/a<br>Volunteer help   The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Yes ü ü<br>Yes No N/a<br>Income from interest,  This is included in the accounts when receipt is probable and the amount receivable can be<br>royalties and dividends measured reliably. Yes ü ü<br>2.3 EXPENDITURE AND LIABILITIES<br>Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive  Yes No N/a<br>obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.  Yes ü ü<br>Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Yes Yes Noü N/aü<br>Yes No N/a<br>Grants payable without  Where there are no conditions attaching to the grant that enables the donor charity to realistically<br>performance conditions avoid the commitment, a liability for the full funding obligation must be recognised. Yes ü ü<br>Yes No N/a<br>Redundancy cost The charity made no redundancy payments during the reporting period.<br>Yes ü ü<br>Yes No N/a<br>Deferred income No material item of deferred income has been included in the accounts.<br>Yes ü ü<br>Yes No N/a<br>Creditors The charity has creditors which are measured at settlement amounts less any trade discounts ü ü N/A<br>Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Yesü Noü N/A N/a<br>Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP.  Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yesü Noü N/A N/a<br>2.4 ASSETS<br>Tangible fixed assets for  These are capitalised if they can be used for more than one year, and cost at least<br>use by charity<br>Yes No N/a<br>They are valued at cost. Yes ü ü<br>The depreciation rates and methods used are disclosed in note 9.2.<br>Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement  Yes No N/a<br>Debtors amount after any trade discounts or amount advanced by the charity.  Subsequently, they are measured at the cash or other consideration expected to be received. ü ü N/A<br>**----- End of picture text -----**<br>




Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Section C                                            Notes to the accounts                                                        (cont)** 

|**Section C**|**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|---|
|**Note 3**<br>**Donations and**<br>**legacies:**|**Analysis of income**<br>**Analysis**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**income**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Prior year**<br>**£**<br>**£**<br>6,000) -<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br> -<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--<br>-<br>--||||||
||<br>Donations and gifts|6,000)|-<br>--|-<br>--||||
||Gift Aid||-<br>--|-<br>--|-<br>--|||
||Legacies|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||General grants provided by government/other||-<br>--|-<br>--|-<br>--|||
||Membership subscriptions and sponsorships which|-<br>--|-<br>--|-<br>--||||
||Donated goods, facilities and  services|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Other|-<br>--|-<br>--|-<br>--|-<br>--|||
||**Total**||-<br>--|-<br>--|-<br>--|||
|||||||||
|**Charitable**<br>**activities:**||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Loans re new operas|£3,500.00|-<br>--|-<br>--|-<br>3,500-|||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Other|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**Total**||-<br>--|-<br>--||||
|||||||||
|**Other trading**<br>**activities:**||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|**Income from**<br>**investments:**<br>**Separate**<br>**material item**<br>**of income:**<br>**Other:**<br>**TOTAL INCOM**||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Other|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**Total**|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|||||||||
||Interest income|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Dividend income|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Rental and leasing income|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Other|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**Total**|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|||||||||
||Other eg loan repayments|0)|-<br>--|-<br>--|-<br>--|||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
|||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**Total**|-<br>--|-<br>--|-<br>--|-<br>--|||
|||||||||
||Conversion of endowment funds into income|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Gain on disposal of a tangible fixed asset held for|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Gain on disposal of a programme related|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Royalties from the exploitation of intellectual|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||Other|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**Total**|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--||
||**E**|||||||
|||-<br>6,000-|-<br>--|-<br>--|Cross Add|-<br>--||





Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Section C                                            Notes to the accounts                                                (cont)** 

|**Section C                                            Notes to the accounts                                                (cont)**|**Section C                                            Notes to the accounts                                                (cont)**|**Section C                                            Notes to the accounts                                                (cont)**|**Section C                                            Notes to the accounts                                                (cont)**|**Section C                                            Notes to the accounts                                                (cont)**|**Section C                                            Notes to the accounts                                                (cont)**|||||
|---|---|---|---|---|---|---|---|---|---|
|**Note 4                           Analysis of expenditure**<br>**This year**<br>**Analysis**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**<br>**Total funds**<br>**Unrestricted**<br>**funds**<br>**Expenditure on raising funds:**<br>**£**||||||**Last year**<br>**Restricted**<br>**income funds**<br>**Endowment**<br>**funds**||**Total funds**<br>**£**||
|Incurred seeking donations||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-||
|Incurred seeking legacies|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-||
|Incurred seeking grants|-<br>--|-<br>--|-<br>--|-<br>--||||||
|Operating membership schemes and social<br>lotteries|<br>-<br>--|-<br>--|-<br>--|-<br>--||||||
|Staging fundraising events||-<br>--|-<br>--|||||||
|Fundraising agents|-<br>--|-<br>--|-<br>--|-<br>--||||||
|Operating charity shops|-<br>--|-<br>--|-<br>--|-<br>--||||||
|Operating a trading company undertaking<br>non-charitable trading activity|-<br>--|-<br>--|-<br>--|-<br>--||||||
|Advertising, marketing, direct mail and<br>publicity||-<br>--|-<br>--|||-<br>--|-<br>-|-||
|Start up costs incurred in generating new<br>source of future income|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-||
|Database development costs|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|Other trading activities||-<br>--|-<br>--|-<br>--||||||
|Investment management costs:|-<br>--|-<br>--|-<br>--|-<br>--||||||
|Portfolio management costs|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|Cost of obtaining investment advice|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|Investment administration costs|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|Intellectual property licencing costs|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|Rent collection, property repairs and<br>maintenance charges|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|0)|0)|||
|**Total expenditure on raising funds**<br>**Expenditure on charitable activities:**|-<br>--|-<br>--|-<br>--|||0)|0)|||
|||||||||||
|||||||||||
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-|
|**Total expenditure on charitable activities**<br>**Separate material item of expense**|-<br>47-|-<br>--|-<br>--||-<br>--|-<br>--|-<br>-|-|-<br>1,100-|
|||||||||||
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-<br>--|
|**Total**<br>**Other**|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-<br>--|
|||||||||||
|||||||||||
|expenses||-<br>--|-<br>--|-<br>--||-<br>--|-<br>-|-||
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-<br>--|
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-<br>--|
||-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>--|-<br>-|-|-<br>--|
|**Total other expenditure**<br>**TOTAL EXPENDITURE**|-<br>--|-<br>--|-<br>--|-<br>--||-<br>--|-<br>-|-|-<br>--|
||-<br>47-|-<br>--|-<br>--||-<br>--|-<br>--|-<br>-|-|-<br>1,100-|





Docusign Envelope ID: 52E18724-83AA-8FA3-807F-D941C58FDF75 

## **Section C        Notes to the accounts (cont)** 

|**Section C        Notes to the accounts (cont)**||||
|---|---|---|---|
|**Note 5                     Cash at bank and in hand**<br>**Short term cash investments (less than 3 months maturity date)**<br>**Short term deposits**||||
||**This year**<br>**£**|**Last year**<br>**£**||
|||-<br>--||
||-<br>--|-<br>--||
|**Cash at bank and on hand**<br>**Other**<br>**Total**|8,021)|-<br>7-||
||-<br>--|-<br>--||
||8,021)|-<br>- -||






## **Certificate Of Completion** 

Envelope Id: 52E18724-83AA-8FA3-807F-D941C58FDF75 Status: Completed Subject: Complete with Docusign: Keynote Music Annual Report 1.11.24 to 31.10. 2025.pdf Source Envelope: Document Pages: 18 Signatures: 4 Envelope Originator: Certificate Pages: 2 Initials: 0 Lisa Logan AutoNav: Enabled Lisa.logan@dreammediaandbusinessaffairs.com EnvelopeId Stamping: Enabled IP Address: 88.98.200.248 Time Zone: (UTC-08:00) Pacific Time (US & Canada) 

**Record Tracking** Status: Original Holder: Lisa Logan 8/15/2026 1:46:10 PM 

Location: DocuSign 

Lisa.logan@dreammediaandbusinessaffairs.com 

**Signer Events Signature Timestamp** Amooti  Binaisa Sent: 8/15/2026 1:53:30 PM anbinaisa@gmail.com Viewed: 8/16/2026 12:11:39 AM Security Level: Email, Account Authentication Signed: 8/16/2026 12:12:51 AM (None) Signature Adoption: Pre-selected Style Using IP Address: 2a00:23cc:b726:8001:d0ae:164f:2b73:b238 **Electronic Record and Signature Disclosure:** Not Offered via Docusign John Logan Sent: 8/15/2026 1:53:30 PM johnjosephlogan@yahoo.co.uk Resent: 8/16/2026 2:20:54 AM Security Level: Email, Account Authentication Resent: 8/16/2026 2:22:10 AM (None) Viewed: 8/16/2026 2:22:51 AM Signature Adoption: Drawn on Device Signed: 8/16/2026 2:23:08 AM Using IP Address: 2a01:4b00:be28:e100:d5bd:5b10:96a:4535 Signed using mobile **Electronic Record and Signature Disclosure:** Not Offered via Docusign Lisa Logan Sent: 8/15/2026 1:53:31 PM Lisa.logan@dreammediaandbusinessaffairs.com Viewed: 8/15/2026 1:53:39 PM Security Level: Email, Account Authentication Signed: 8/15/2026 1:53:53 PM (None) Signature Adoption: Drawn on Device Using IP Address: 88.98.200.248 Signed using mobile 

**Electronic Record and Signature Disclosure:** Not Offered via Docusign 

|**In Person Signer Events**|**Signature**|**Timestamp**|
|---|---|---|
|**Editor Delivery Events**|**Status**|**Timestamp**|
|**Agent Delivery Events**|**Status**|**Timestamp**|
|**Intermediary Delivery Events**|**Status**|**Timestamp**|
|**Certified Delivery Events**|**Status**|**Timestamp**|





|**Carbon Copy Events**|**Status**|**Timestamp**|
|---|---|---|
|**Witness Events**|**Signature**|**Timestamp**|
|**Notary Events**|**Signature**|**Timestamp**|
|**Envelope Summary Events**|**Status**|**Timestamps**|
|Envelope Sent|Hashed/Encrypted|8/15/2026 1:53:31 PM|
|Envelope Updated|Security Checked|8/16/2026 2:22:10 AM|
|Envelope Updated|Security Checked|8/16/2026 2:22:10 AM|
|Certified Delivered|Security Checked|8/15/2026 1:53:39 PM|
|Signing Complete|Security Checked|8/15/2026 1:53:53 PM|
|Completed|Security Checked|8/16/2026 2:23:08 AM|
|**Payment Events**|**Status**|**Timestamps**|



