||**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|
||**From**|Period start date
**01**
**Sept.**
**2023**|**To**|Period end date|||
|||||**31**|**August**|**2024**|
## Section A Reference and administration details
**Charity name** PEAK DISTRICT MUSIC CENTRES
**Other names charity is known by** PDMC
**Registered charity number (if any)** 1187080
**Charity's principal address**
24 Beaumont Drive
Dove Holes Buxton DERBYSHIRE **Postcode** SK17 8BB
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee**|
|---|---|---|---|---|
||David Brindley|Trustee Chair|||
||Hannah Watson|Vice Chair|To Mar24||
||Simon Marrow|Trustee Treasurer|||
||VickyGiliker|Trustee Secretary|||
||Louise Davies|Trustee|||
||Allie Spencer|Trustee|||
||Rachel Verdicchio|Trustee|Vice Chair wef Mar24||
||||||
||||||
||||||
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
||**Name**|**Dates acted if not for whole year**|
|---|---|---|
||None||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document )
> [Constitution ]
How the charity is constituted )[Charitable Incorporated Organisation, registered 20 December 2019 ] [replacing PDMC Charitable Association No.1002890]
Trustee selection methods
> [Election at AGM ]
**PDMC CIO TAR**
page 1 of 7
**November 2024**
## **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.
We attach trustees to ensembles, whenever possible, to provide an insight into the core activities of the charity, alongside an opportunity to make a practical contribution.
We have designated trustees attached to Safeguarding and Health & Safety procedures.
PDMC is a partner in the Derbyshire Music Hub, which is led by the Derby and Derbyshire Music Partnership. This enables us to access public funding via the Arts Council from the Department for Education.
The trustees maintain and regularly update a Handbook, for use by Ensemble Directors (EDs) and parent helpers, which sets out all required procedures and protocols - especially with relation to safeguarding children; equality; health and safety; risk assessments for performances, trips and tours; planning timelines; and financial management.
## **Section C Objectives and activities**
The advancement of musical education for the public benefit, in particular among **Summary of the** young people of school age in an area bounded by Buxton, Bakewell and Hope **objects of the charity** Valley by the provision of: **set out in its** • structured music ensembles to enable participation and progression with the structured music ensembles to enable participation and progression with the **governing document**
- structured music ensembles to enable participation and progression with the structured music ensembles to enable participation and progression with the aim of developing confidence and enjoyment of music;
- regular rehearsals, opportunities to perform in both informal and public settings and other enrichment experiences such as tours, trips, workshops and residentials;
- opportunities for teamwork and leadership within a structured music making setting.
||**tives and activities**|
|---|---|
||The advancement of musical education for the public benefit, in particular among
young people of school age in an area bounded by Buxton, Bakewell and Hope
Valley by the provision of:
•structured music ensembles to enable participation and progression with the
aim of developing confidence and enjoyment of music;
•regular rehearsals, opportunities to perform in both informal and public settings
and other enrichment experiences such as tours, trips, workshops and
residentials;
• opportunities for teamwork and leadership within a structured music making
setting.|
|**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)**|
Having due regard to the guidance issued by the Charity Commission on public
benefit, PDMC works tirelessly to bring music making opportunities to young
people of school age from all social backgrounds, whether or not they are
members of PDMC. Section D below gives details of our achievements over the
past year.
As a further commitment to public benefit, in recent years the trustees have raised
over £28,000 (£4000 in the current year) in grants from local charities and
donations, specifically targeted at ensuring that financial hardship is no barrier to
a young person’s aspirations to learn an instrument or play alongside others.
£1,863 has been awarded in the past year. We also offer an initial free taster half
term to beginners to encourage potential new members. Our new recruitment
projects have also widened access to music making and we have been pleased to
see increased applications to our Bursary Scheme.
The trustees have met five times to monitor the efficiency and effectiveness of the
organisation, to plan for long-term financial and musical viability, to maintain a
strategic direction and to ensure that all statutory requirements are being met.
Financial and management information provided by the Administrator informs
close monitoring of the organisation’s performance and strategic decision making.
The Administrator attends Board and ED meetings and meets as necessary with
the Chair and a Strategy Group comprising three trustees. The EDs also met
three times (once in separate wind and string groups) during the year and the
Chair and Administrator attend their meetings and regularly communicate with
them by email.|
**PDMC CIO TAR**
page 2 of 7
**November 2024**
**Summary of Main Activities cont’d …**
Increasing player numbers has remained a challenge. 16 experienced players “graduated” from our ensembles over the summer, leaving us with just 124 ensemble players in September. This number remained steady throughout the year, with 10 new joiners being offset by as many leavers. However, our extremely successful Engagement Programme brought over 70 young new players onto our engagement programmes. Hub funding for 2023/24 was based on the number of registered players in 2022/23, which took us back just above 200 and so restored our Hub grant to £17000. Nevertheless our Revenue Budget still finished the year with an operating deficit of over £5,000, requiring a further draw down from reserves. Additionally, we drew heavily on our Reserves to fund bursaries and recruitment and other initiatives. Happily, our reserves remained very healthy, thanks to donations and grants totalling £21,000. To maximise income, subscriptions significantly increased by £50 (£30 for Beginner groups). This still represents excellent value for money compared with club fees elsewhere and parents did not demur, whilst making increasing use of our Direct Debit system for paying subs. Use of our Sum Up card reader also helped increase bucket collections and small donations. We began the year with eight Ensemble Directors. Kenneth (Tam Wing Kin) took over the Wind Band from Danny Riley and continued Danny’s success in steadying the Wind Band and maintaining morale and some excellent playing despite low numbers. Hannah Watson finally had to start calling time on her roles with PDMC and stepped down from the Training Strings in December. This left Gavin and Jason doubling up to cover three ensembles until Easter, when Sophie Sully joined the team. In November Gavin Usher stepped down from his role as Strategic Director of Music by mutual agreement with, and thanks from, the trustees. This increased the importance of the Strategy Group, comprising three trustees and the Administrator, in ensuring both effective short term planning and maintaining a focus on longer term development and strategic planning. The trustees reviewed the remuneration of our outstanding Administrator and agreed to award a modest but affordable increase. We hugely appreciate the initiative, efficiency and commitment which Marion consistently demonstrates. At long last, PDMC has an effective and growing social media presence on Facebook and Instagram, thanks to Sophie Sully, whom we have engaged to develop and coordinate it. As a result, an update of the Social Media Policy has been drafted, with Partnership advice, to allay ED concerns regarding photos of players temporarily held on their mobiles. With regard to statutory matters, the trustees monitor all Charity Commission updates for useful tips and reminders; and keep a particularly close eye on safeguarding and data protection. In particular, we maintain a Risk Management Statement and Risk Register. EDs also undertake basic First Aid training as a contractual requirement. Trustees recognise the need to be constantly looking for new fund-raising opportunities. Successful bids resulted in grants from the Ethel James Foundation for £6000 and from the Bingham Trust for £5000 (each including £2k for Bursaries). We also received an extremely generous donation of £10,000. We also successfully applied for small Hub recruitment grants of £400 towards the Gala Day WOpps workshops; and £850 towards the Y2 Strings Project /Play Day, plus discounted fees for continuing FOpps group registrations.
**PDMC CIO TAR**
page 3 of 7
**November 2024**
**Summary of Main Activities cont’d …**
The venue moves of Friday night strings from St Thomas More School to Buxton Infants School and of BUBW and the Big Band to the Community School all went smoothly. At the end of the year we consulted with Senior and Intermediate Wind Band parents about a possible Friday night move from Bakewell to Buxton. The survey also confirmed that a majority of parents did not wish to move away from Friday evenings.
Trustees met with Jayne Briggs in March for a briefing on the new national Music Hub arrangements and we subsequently registered, as required, as a partner in the new Derbyshire Music Hub. The Chair also now attends Hub Reference Group meetings. The previous Service Level Agreements have been discontinued.
Membership of the Hub entitles us to the services of the Hub Area Leader, Dan Timmins, who acts as a musical adviser and is responsible for the quality control of all musical activity and for the professional development of our ensemble directors. He also has a role in supporting our revival planning and strategy.
We maintain close links at both Chair and ED level with our Hub neighbour, Dark Peak Music Foundation, with a commitment to maintaining joint concerts and initiatives when possible. Dark Peak kindly invited our players to supplement their numbers for their appearance at the national Music for Youth event in the Royal Albert Hall – a memorable experience for the small number of our players who took up the invitation.
All our EDs are engaged with a local (usually Derbyshire) Music Service through which they receive updates, including on key issues such as Safeguarding, and a certain amount of professional development. Further to this, the trustees provide funding so that EDs may keep their First Aid training up to date. Kenneth Tam, a new ED, attended the Conducting Course at the RNCM, funded by the Hub and PDMC.
PDMC personnel are all self-employed and provide contracted services, which are reviewed annually. PDMC personnel make up a dedicated and talented team which serves the organisation with distinction and flair and which delivers the considerable benefits and successes experienced by our young musicians.
PDMC attracts considerable support from the players’ parents, several of whom actively support the work of the charity. All current trustees are either past or present parents. Parent helpers provide weekly administrative and safeguarding support for our ensemble rehearsals, as well as at performances and on trips and tours. They also help with fund-raising. The organisation is deeply indebted to its volunteers and sincerely acknowledges the contribution of our parent volunteers, as well as the contribution of all our contracted personnel.
This year we held our AGM in March at Lady Manners School. Nine parents attended – our best number yet – and engaged in a positive discussion about the challenges facing PDMC and possible solutions. Thanks to a generous offer from Markowitz we now have a customised instrument store at their Tideswell site, and we have finally been able to complete accurate inventories of all our own instruments.
**PDMC CIO TAR**
page 4 of 7
**November 2024**
## **Additional details of objectives and activities (Optional information)**
You **may choose** to To ensure that financial hardship is no barrier to participation in PDMC, free include further membership is automatically awarded to children eligible for free school meals statements, where and a discount is automatically available for the third child from the same family. relevant, about: In addition, we operate a Bursary Scheme, which draws on grants made to PDMC • policy on grant by other local charities. A Discretions Panel, made up of three trustees who are making; not current parents, considers other requests for free, or discretionary rate, • policy programme ensemble membership. Financial support may also be requested for participation related investment; in PEPs and other activities and, for both PDMC players and others, instrumental lesson costs, along with loan instruments, if needed. The Scheme also now offers • contribution made subsidies for participation in our various recruitment projects. Requests can be by volunteers. made via an online application form on our website or from our Administrator. Volunteers are crucial to the organisation, providing the Board membership, parent helper support for the EDs at weekly rehearsals and at several public concerts each year, fundraising, and helping with summer tours and trips.
## Section D Achievements and performance
|**Summary of the main**
**achievements of the**
**charity during the**
**year**||Over the year we provided music making opportunities for over 200 young
players, ranging from preparatory to senior level ensembles, and including several
in our Engagement Projects.
**Ensembles**
We have been able to maintain 10 established ensembles:
•
4 string ensembles: Training ; Intermediate ; Senior Orchestra - in Buxton
Beginners in Bakewell
•
5 wind ensembles: Beginner ; Intermediate ; Wind Band - in Bakewell
Beginners in Buxton & in Hope Valley
•
Big Band: with over 20 players, in Buxton
We now have sufficient new recruits to restart Buxton Beginner Strings and to
start a Junior Choir in September. However, very low numbers mean that
Bakewell Beginner Strings will be closed down, at least for the time being.
An exciting new addition to our provision in September will be an Electric Strings
ensemble. PDMC will purchase and own, initially, ten instruments and Sophie
Sully will direct the ensemble.
And we finally have our own extempore Parents Band, PDMC POPS, with around
20, often highly qualified, members!
**Ensemble Directors**
Our starting team of 8 ensemble directors saw Hannah Watson step down in
December but Sophie Sully join and take over Training Strings at Easter. We were
also delighted to engage Sara-Kate Townsend as our Choir ED for September.
**Rehearsals**
A full programme of 30 weekly term time rehearsals took place throughout the
year in Buxton Infants School, Hope Valley College, Lady Manners School and
Buxton Community School.
**PDMC Engagement Projects**
Six engagement projects during the year have involved wind groups at Harpur Hill
Primary School and St Anne’s RC Primary School; recorders at Buxton Infant &
Junior Schools; a “Promising Players” group at Burgage Primary School; and a
choir at Buxton Infant School. Our PEP programme has led to regular dialogue
with all our local schools.|
|---|---|---|
**PDMC CIO TAR**
page 5 of 7
**November 2024**
S **ummary of Main Achievements cont’d**
## **Annual Concerts and Performances**
- Sunday afternoon and evening Christmas concerts at Lady Manners School, Bakewell
- Our Spring Gala concert with all our ensembles in March in Buxton Octagon
- Our senior ensembles Spring Concert in May at St John’s Church
- Our Big Band played its regular spot at the Leek Arts Festival in May, and also played twice on the bandstand in Buxton’s Pavilion Gardens in May and June
- This year’s July summer concert was planned as an open air event at Bakewell Primary School but rain forced us indoors, with a slightly truncated programme but a great if squashed atmosphere, and an amazing cake stall.
## **Other Major Initiatives and Events**
These targeted events strengthen our partnerships and assist recruitment.
- In the Autumn half-term we put on our first, very well-attended Theory Course, delivered by Sophie Sully in Buxton. Unfortunately, a second course offered later in the year in Bakewell on a Friday evening did not take off.
- We again used our all day booking of the Octagon to run a morning wind and an afternoon string workshop for children in WOpps groups in most of our local primary schools. Our own EDs, very expertly, ran the sessions this time.
- • We broke new ground with a Y2 Strings Project, jointly planned and funded with the Music Partnership. Two of our EDs, Gavin and Sophie, ran introductory weekly sessions on violin and cello for around 60 pupils in Buxton Infant and Harpur Hill Primary schools during the summer term. 20 pupils then attended a Play Day at the start of the summer holiday, several of whom have gone on to join a Beginner Ensemble or continue with subsidised small group lessons. We see this as a prototype for future recruitment programmes.
- In June we ran a second Big Sing, using lessons learnt the previous year. Experienced and well-known musician Tom Newall ran three workshops with the choirs in each of five primary schools, who then came together for final workshop and performance in St John’s Church. This time we have managed to promote and launch our own new Junior Choir in September on the back of this initiative.
- We were again invited by the Buxton International Festival to provide a red carpet group of string buskers to play on the Opera House forecourt prior to evening premieres. Unfortunately, a more substantial liaison with the Festival did not materialise as a result of staffing issues at their end.
In addition, we have now set up an Ambassador Scheme, initially with six very keen members. These are older players who provide additional support for PDMC activities by helping younger players at rehearsals, promoting PDMC in more public ways, and generally helping out at concerts and events.
PDMC is regularly able to demonstrate our reputation for nurturing young players and developing them into accomplished performers and, thanks to the skills and imagination of our EDs, for the high standards of ensemble playing achieved, even with reduced numbers. Our players audition successfully for the County Orchestra and Wind Band, and even for the National Youth Orchestra; and then go on to play in university orchestras. Many continue their music-making into adult life, whether in careers in professional music or in high performing amateur orchestras whilst pursuing a range of other careers. Some have returned to perform star solo roles in various public performances in the town.
A further significant achievement of the past year has been a real cementing of our relationship with schools across our patch. Our Engagement Projects, some great collaborative events and our networking efforts have had a major impact. Several of our parents, past and present, have key roles in local schools and their support has been invaluable; and the fact that one of our trustees is a local primary school headteacher with direct access to the local cluster of schools has been of enormous benefit.
**PDMC CIO TAR**
page 6 of 7
**November 2024**
## **Section E Financial review**
## **Brief statement of the**
## **charity’s policy on reserves**
**Details of any funds materially in deficit**
A reserve roughly equal to two years’ funding from the Derbyshire Music Hub is retained; this currently stands at £40k and is reviewed annually. A restricted reserve, currently of approx. £6k, is available for bursaries to address hardship, with funds released only as qualifying costs are incurred. A further restricted reserve of approx. £32k is available to fund specific improvements and developments, approved by the trustees. There is also an unrestricted reserve of approx. £16k available to fund expenditure outside the scope of the restricted reserves, which is rapidly depleting. None.
## **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.
Our main sources of funding are the Derbyshire Music Hub grants; membership subscriptions; concert profits; donations; and other fundraising.
We operate a Friends Scheme to allow our supporters to make regular, gift-aided whenever possible, donations.
Our main expenditure is on the provision of ensemble venues, EDs and assistants, and administrative services.
A Virgin Money interest paying charity account is operated in order to maximise the return on reserve monies not immediately needed.
## **Section F Other optional information**
n/a
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## **Signature**
**----- Start of picture text -----**
Full name David Brindley
Position Chair
Date
14 March 2025
**----- End of picture text -----**
**PDMC CIO TAR**
page 7 of 7
**November 2024**
||Charity No
(if any)
1187080
Period start date
**01-Sep-23**
**To**
Period end
date
31-Aug-24
**Peak District Music Centres**
Annual accounts for the period|Charity No
(if any)
1187080
Period start date
**01-Sep-23**
**To**
Period end
date
31-Aug-24
**Peak District Music Centres**
Annual accounts for the period|
|---|---|---|
|**Section A**|**Statement of financial activities**||
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
31,543
21,850
-
53,393
39,710
6,963
-
-
6,963
18,561
-
-
-
-
-
755
-
755
300
-
-
-
-
-
-
-
-
-
-|
|||39,261
21,850
-
61,111
58,571|
|||-
-
-
-
-
43,224
7,274
-
50,498
65,928
-
-
-
-
-
1,907
-
-
1,907
1,914|
|||45,131
7,274
-
52,405
67,842|
||||
|||5,870
-
14,576
-
8,706
9,271
-|
|||-
-
-
-
-|
|||5,870
-
14,576
-
8,706
9,271
-|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|||5,870
-
14,576
-
8,706
9,271
-|
|||61,889
17,576
-
79,465
88,736|
|||56,019
32,152
-
88,171
79,465|
||||
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
-
-
-
-
-
-
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
-
-
-|
|||-|-|-
-|-|
|||-
6,223
43,698
23,215|-
850
31,302
-|-
-
- 7,073
-
75,000
-
23,215||
||||||-
1,595
75,000
13,620|
|||73,136|32,152|-
105,288|90,215|
||||||10,750|
|||17,118|-|- 17,118||
|||||||
|||56,019|32,152|-
88,171|79,465|
|||||||
|||56,019|32,152|**-**
88,171|79,465|
||||||-
-|
|||-
-|-
-|- -
-
-||
|||||||
|||56,019|32,152|-
88,171|79,465|
|||-
56,019|32,152|-
32,152
- 56,019
-||
||||||-
17,576
61,889|
|||56,019|32,152|-
88,171|79,465|
|||Signature||Print Name|Date of
approval
dd/mm/yyyy|
CC17a (Excel)
14/03/2025
2
## **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 unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
|• and with*
• and with*
The charity cons
FRS 102.*
• and with the C
* -Tick as appropr|
titutes a public benefit entity as defined by
harities Act 2011.
iate
the Statement of Recommended
preparing their accounts in accord
in the UK and Republic of Ireland
the Financial Reporting Standard
Ireland (FRS 102)|Yes
Practice: Accounting and Reporting by Charities
ance with the Financial Reporting Standard applicable
(FRS 102) issued on 16 July 2014
applicable in the United Kingdom and Republic of|
|---|---|---|
## **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:**_
**----- Start of picture text -----**
An explanation as to those factors that support Not applicable
the conclusion that the charity is a going
concern;
Disclosure of any uncertainties that make the Not applicable
going concern assumption doubtful;
Where accounts are not prepared on a going Not applicable
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 2
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; not applicable
and
(iii) the amount of the adjustment for each line affected not applicable
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.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates**
**----- Start of picture text -----**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of any changes; not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and not applicable
(iii) where practicable, the effect of the change in one or not applicable
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
|Yes*
No*
No material prior
**_Please disclose_**
**_(i) the nature of_**
**_(ii) for each pri_**
**_amount of the c_**
**_affected; and_**
**_(iii) the amount_**
**_earliest prior pe_**|year erro|r have been identified in the reporting period (3.47 FRS 102 SORP).|
|---|---|---|
|||* -Tick as appropriate|
||**_:_**
**_the prior_**
**_or period_**
**_orrection_**
**_of the co_**
**_riod pres_**|not appliable
not appliable
not appliable
**_period error;_**
**_presented in the accounts, the_**
**_for each account line item_**
**_rrection at the beginning of the_**
**_ented in the accounts._**|
CC17a (Excel)
14/03/2025
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
## _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_
**----- Start of picture text -----**
Start of End of
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
**----- End of picture text -----**
_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**Previous period net income/(expenditure) as restated**
CC17a (Excel)
14/03/2025
4
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
**----- Start of picture text -----**
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
the monetary value can be measured with sufficient reliability.
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102.
Yes No N/a
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Yes No N/a
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift Yes No N/a
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Yes No N/a
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Yes No N/a
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
Yes No N/a
from other trading 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 also recognised as 'Income from other trading
activities'.
Yes No N/a
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 No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Yes No N/a
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
Yes No N/a
Support costs The charity has incurred expenditure on support costs.
Yes No N/a
The value of any voluntary help received is not included in the accounts but is described
**----- End of picture text -----**
|**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**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.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific technological geophysical or environmental qualities that are held and
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
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.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
**Volunteer help**
These are capitalised if they can be used for more than one year, and cost at least
£1,000
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**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
**Basic financial**
**instruments**|
|
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a|
|---|---|---|
scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement 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. The charity has has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit and **investments** cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.
|||||
|---|---|---|---|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
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||Yes|No|N/a|
|||||
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 1,461 10,000 - 11,461 1,977
and legacies: Gift Aid 2,500 - - 2,500 -
Legacies - - - - -
General grants provided by government/other
charities 11,845 11,850 - 23,695 26,095
Membership subscriptions and sponsorships
which are in substance donations
15,737 - 15,737 11,638
Donated goods, facilities and services - - - - -
Other - - - -
Total 31,543 21,850 - 53,393 39,710
Charitable Income from concerts
activities: 6,918 - - 6,918 6,680
Parent contributions to tours and trips - - - - 11,881
- - - - -
Other 45 - - 45 -
Total 6,963 - - 6,963 18,561
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 755 - - 755 300
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 755 - - 755 300
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 39,261 21,850 - 61,111 58,571
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Not applicable
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Not applicable
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Not applicable
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Not applicable
**----- End of picture text -----**
CC17a (Excel)
14/03/2025
8
## **Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**|**Total**
**Total**
**Description**
Annual Grant
Insurance grant
Grants for projects
Annual Grant
Insurance Grant
Grants for projects
**Description**|**This year**
**£**
17,000
845
-
-|
|---|---|---|
|||17,845|
|||**Last year**
**£**
17,000
845
1,650
-|
|||19,495|
_**Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income.**_
_**Please give details of other forms of government assistance from which the charity has directly benefited.**_
|||**This**|**year**||**Last**|**year**|
|---|---|---|---|---|---|---|
||None|||None|||
|||**This**|**year**||**Last**|**year**|
||None|||None|||
CC17a (Excel)
14/03/2025
9
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
**----- Start of picture text -----**
This year Last year
£ £
Seconded staff - -
Use of property - -
Other - -
- -
This year Last year
Please provide details of the
accounting policy for the recognition
and valuation of donated goods,
facilities and services.
Please provide details of any unfulfilled
conditions and other contingencies
attaching to resources from donated
goods and services not recognised in
income.
Please give details of other forms of
other donated goods and services not
recognised in the accounts, eg
contribution of unpaid volunteers.
**----- End of picture text -----**
CC17a (Excel)
14/03/2025
10
## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
**----- Start of picture text -----**
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and social
lotteries - - - - -
Staging fundraising events
- - - - -
Fudraising agents - - - - -
Operating charity shops - - - - -
Operating a trading company undertaking
non-charitable trading activity
- - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating new
source of future income - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Ensemble Director and Assistant costs 22,017 - - 22,017 21,095 - - 21,095
Administrator, co-ordinator and event
manager costs 11,791 11,791 12,688 12,688
Concert and fundraising costs 1238 1,238 678 678
Rehearsal venue rent 5,439 5,439 7,820 7,820
Membership database and text service
1,904 - - 1,904 1,953 1,953
Music and equipment purchases 463 463 547 547
Hardship assistance 1,863 1,863 - 1,697 1,697
Strategic Director of Music/development
projects
300 5,411 - 5,711 3,600 4,425 - 8,025
Trips and tours - 11,425 11,425
Other 72 - - 72 - - -
Total expenditure on charitable activities
43,224 7,274 - 50,498 59,806 6,122 - 65,928
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Insurance 845 - - 845 989 - - 989
Printing and postage 94 94 235 235
ED and EA attendance at meetings and 280 280 105 105
Bankline, GoCardless and Sumup fees
420 420 316 316
Licences and registrations 40 - - 40 40 - - 40
Website costs 108 - - 108 108 - - 108
Other costs 120 - - 120 121 - - 121
Total other expenditure 1,907 - - 1,907 1,914 - - 1,914
TOTAL EXPENDITURE 45,131 7,274 - 52,405 61,720 6,122 - 67,842
**----- End of picture text -----**
## **Other information:**
## **Analysis of expenditure on charitable activities**
|Activity 2
Other
**Total**
**Activity or programme**
Activity 1|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total this**
**year**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
- - -
- - -
-
-
- - -
- - -
-
-
- - -
- - -
**This year**
**Last year**|
|---|---|
||-
-
- - -
- - -|
CC17a (Excel)
14/03/2025
11
## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary items**
**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -|
|---|---|
||- -|
CC17a (Excel)
14/03/2025
12
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
**----- End of picture text -----**
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_
|**Total**
**Description/name of party**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
**Balance held at period end**|
|---|---|
||-
-|
CC17a (Excel)
14/03/2025
13
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
## _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
**----- Start of picture text -----**
Charitable
Support cost Raising funds activities Other Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
- 12,091 1,907 - 13,998
Other
- 12,091 1,907 - 13,998
Total
**----- End of picture text -----**
## **Last year**
|**Last year**|||
|---|---|---|
|**Raising funds**
**Charitable**
**activities**
**£**
**£**
Governance
- -
- -
- -
- -
Other
16,288
**Total**
- 16,288
**Support cost**
**(examples)**
**_Please provide details of the accounting policy_**
**_adopted for the apportionment of costs between_**
**_activities and any estimation techniques used to_**
**_calculate their apportionment._**|**Raising funds**
**Charitable**
**activities**
**£**
**£**
- -
- -
- -
- -
16,288|**Other**
**Activity 3**
**Grand total**
**Basis of allocation**
**£**
**£**
**£**
**(Describe method)**
- - -
- - -
- - -
- - -
1,914 - 18,202
1,914 - 18,202
Costs which cannot be attribute to a single activity (including the cost
of central functions) have been apportioned based on actual costs
incurred. None of the costs relate to Governance|
||- 16,288||
CC17a (Excel)
14/03/2025
14
## **Section C Notes to the accounts**
## **Note 10 Details of certain items of expenditure**
**10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
120 120
- -
- -
- -|
|---|---|
CC17a (Excel)
14/03/2025
15
## **Section C Notes to the accounts (cont)**
**Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|**This year:**
**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
|||
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:**
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party**
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
|**£60,000 to £69,999**
**£70,000 to £79,999**
**£80,000 to £89,999**
**£90,000 to £99,999**
**£100,000 to £109,999**
**Band**
**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity. For specific amounts paid to trustees,**
**see Note 28.**|**This year**
**Last year**
- -
- -
- -
- -
- -
**This year**
**Last year**
**£**
**£**
- -
**Number of employees**|
|---|---|
CC17a (Excel)
14/03/2025
16
|**11.2 Average head count in the year**
**The parts of the charity in which the**
**employees work**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**|**This year**
**Last year**
**Number**
**Number**
- -
- -
- -
- -|
|---|---|---|
|||- -|
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**|**This year**
**Last year**
**This year**
**Last year**|
|---|---|
|**Please state the amount of the payment (or value of any waiver of**
**a right to an asset)**|**This year**
**Last year**
**£**
**£**
- -
|
|---|---|
CC17a (Excel)
14/03/2025
17
## **11.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**The nature of the payment (cash, asset**
**etc.)**
**Total amount of payment**
**Please state the accounting policy for any redundancy or**
**termination payments**
**The extent of redundancy funding at the balance sheet date**|**This year**
**Last year**
**£**
**£**
- -
**This year**
**Last year**
**£**
**£**
- -|
|---|---|
CC17a (Excel)
14/03/2025
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**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
**----- Start of picture text -----**
This year Last year
£ £
Amount of contributions recognised in the SOFA as an expense - -
**----- End of picture text -----**
**Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.**
## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details**
**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
CC17a (Excel)
14/03/2025
19
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**Purpose**
**Names of institution**
**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
|---|---|
||**-**|
||-
-|
## **Last year:**
## **13.3 Analysis of grants paid (included in cost of charitable activities)**
|**Analysis**
Activity or project 1
Activity or project 2
Activity or project 3
Activity or project 4
**_Total_**|**Grants to**
**institutions**
**Grants to individuals**
**Support costs**
**Total**
**£**
**£**
- - -
**-**
- - -
**-**
- - -
**-**
- - -
**-**|
|---|---|
||**- - - -**|
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**13.4 Grants made to institutions**||
|---|---|
|**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**
**Names of institution**
**Purpose**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
||**-**|
||-
-|
CC17a (Excel)
14/03/2025
20
## **Section C Notes to the accounts (cont)**
**Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land & Other land & Plant, Fixtures, fittings Total
buildings buildings machinery and equipment
and motor
vehicles
£ £ £ £ £
At the beginning of the year - - - - -
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - - -
14.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
14.3 Net book value
Net book value at the beginning of the year - - - - -
Net book value at the end of the year - - - - -
14.4 Impairment
This year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
Last year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets been - -
carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of - -
tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible - -
fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and
equipment to which the charity has restricted title or that are pledged as
security for liabilities.
**----- End of picture text -----**
- _The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
14/03/2025
21
## **Section C Notes to the accounts (cont)**
## **Note 15 Intangible assets**
## _**Please complete this note if the charity has any intangible assets**_
## **15.1 Cost or valuation**
|||**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**||
|---|---|---|---|---|---|---|---|---|---|
|At beginning of the year||||-||-|-|-||
|Additions||||-||-|-|-||
|Disposals||||-||-|-|-||
|Revaluations||||-||-|-|-||
|Transfers *||||-||-|-|-||
|At end of the year||||-||-|-|-||
|**15.2 Amortisation and**|**impairments**|||||||||
||****Basis**|SL|or RB||SL or RB||SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
||**** Rate**|||||||||
|||||||||||
|At beginning of the year||||-||-|-|-||
|Disposals||||-||-|-|-||
|Amortisation||||-||-|-|-||
|Impairment||||-||-|-|-||
|Transfers*||||-||-|-|-||
|At end of year||||-||-|-|-||
|**15.3 Net book value**||||||||||
|Net book value at the beginning||||-||-|-|-||
|of the year||||||||||
|Net book value at the end of the||||-||-|-|-||
|year||||||||||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_
_**Policies for the recognition of any capital development**_
CC17a (Excel)
14/03/2025
22
**----- Start of picture text -----**
15.5 Impairment
This year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
Last year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
15.6 Revaluation
If an accounting policy of revaluation is adopted, please provide:
This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied
the carrying amount that would have been recognised
had the assets been carried under the cost model.
15.7 Other disclosures
(i) If your intangible asset was acquired by way of grant,
provide value on initial recognition and carrying amount
of the asset.
(ii) Details of the carrying amounts of any intangible
assets to which the charity has restricted title or that are
pledged as security for liabilities.
(iii) Please provide the amount of contractual
commitments for the acquisition of intangible assets.
(iv) State the amount of research and development
expenditure recognised as expenditure in the year.
(v) Please detail the headings in the SOFA in which a
charge for amortisation of intangible assets is included.
(vi) For any material intangible assets, please provide a
description, its carrying amount and any remaining
amortisation period.
**----- End of picture text -----**
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
14/03/2025
23
## **Section C Notes to the accounts (cont)**
## **Note 16 Heritage assets**
_**Please complete this note if the charity has heritage assets**_
|**16.1 General disclosures for all charities holding heritage assets**|**16.1 General disclosures for all charities holding heritage assets**|**16.1 General disclosures for all charities holding heritage assets**|**16.1 General disclosures for all charities holding heritage assets**|**16.1 General disclosures for all charities holding heritage assets**|||||
|---|---|---|---|---|---|---|---|---|
|||||**This year**|||**Last year**||
|**(i) Explain the nature and scale of**|||||||||
|**heritage assets held.**|||||||||
|**(ii) Explain the policy for the**|||||||||
|**acquisition, preservation,**|||||||||
|**management and disposal of heritage**|||||||||
|**assets.**|||||||||
|**16.2 Cost or valuation**|||||||||
|||**Heritage asset**
**1**
**£**||**Heritage asset**
**2**
**£**|**Heritage asset**
**3**
**£**|**Heritage asset**
**4**
**£**|
**Total**
**£**||
|At beginning of the year|||-|-|-|-|-||
|Additions|||-|-|-|-|-||
|Disposals|||-|-|-|-|-||
|Revaluations|||-|-|-|-|-||
|Transfers *|||-|-|-|-|-||
|At end of the year|||-|-|-|-|-||
|**16.3 Depreciation and impairments**|||||||||
||****Basis**|||||||Straight Line
("SL") or
Reducing
Balance|
||**** Rate**||||||||
||||||||||
|At beginning of the year|||-|-|-|-|-||
|Disposals|||-|-|-|-|-||
|Depreciation|||-|-|-|-|-||
|Impairment|||-|-|-|-|-||
|Transfers*|||-|-|-|-|-||
|At end of year|||-|-|-|-|-||
|**16.4 Net book value**|||||||||
|Net book value at the beginning|of the||-|-|-|-|-||
|year|||||||||
|Net book value at the end of the year|||-|-|-|-|-||
## **16.5 Impairment**
**This year** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer**_
**This year Last year**
CC17a (Excel)
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24
## _**the methods applied and significant assumptions**_
## _**any significant limitations on the valuation**_
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -|
|---|---|
||- - -|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
**(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets. (iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
**This year Last year**
## **16.9 Five year summary of heritage assets transactions**
||**2015**
**2014**
**2013**
**2012**
**2011**
**£**
**£**
**£**
**£**
**£**|
|---|---|
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|- - - - -
- - - - -
-
-
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**|
CC17a (Excel)
14/03/2025
25
## **Note 17 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -|
|---|---|
||- - - - - -|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
|**This year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Last year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Listed investments**
**Social investments**
**Listed investments**
**Other investments**
**Total**
**Social investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**|-
-
**Cost less impairment**
- -
**Fair value at year end**
**£**
-
**£**
-
-
-
-
-|
|---|---|
||-
**£**
**£**
-
- -
**Fair value at year end**
**Cost less impairment**
- -
- -
- -
-
-
-
-
- -|
## **17.3 If your charity holds investment properties, please complete the following note:**
**This year**
**Last year**
CC17a (Excel)
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26
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements**
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**17.5 Guarantees**
**Social investments**
**Other investments**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**Please provide details and amount of any guarantee made to**
**or on behalf of a third party**
**Name of the entity or entities benefitting from those**
**guarantees**
**Please explain how the guarantee furthers the charity's aims**
**Analysis of current asset investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**17.6 Concessionary loans**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**Total**
**_Total_**
**_Total_**
**Terms and conditions eg interest rate, security**
**provided**|**This year £**
**Last year £**
- -
- -
- -
- -
- -
**This year £**
**Last year £**
- -
- -
- -
- -
**This year**
**Last year**
**£**
**£**
**_Description_**
**This year**
**Last year**
-
75,000
-
-
-
-
**_Description_**
75,000
-
**Last year**
75,000
75,000
-
**This year**
-|
|---|---|
||
75,000|
||**This year**
**_Description_**
**This year**
**_Description_**|
CC17a (Excel)
14/03/2025
27
**Value of any concessionary loans which have been committed but not taken up at the reporting date Amounts payable within 1 year Amounts payable after more than 1 year Amounts receivable within 1 year Amounts receivable after more than 1 year**
## **17.7 Additional information**
**This year Last year Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.**
**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
CC17a (Excel)
14/03/2025
28
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**|
|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**Work in**
**progress**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**This year**
**Last year**
**£**
**£**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Work in**
**progress**
**Stock**
**Donated goods**||
||-|- - - -|
|||- - - -
**This year**
**Last year**
**£**
**£**|
CC17a (Excel)
14/03/2025
29
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
**19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors**
**----- Start of picture text -----**
This year Last year
£ £
-
3,705.0 1,505.0
3,368.0 90.0
7,073.0 1,595.0
**----- End of picture text -----**
**Total**
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
**Trade debtors Prepayments and accrued income Other debtors**
|**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -|
CC17a (Excel)
14/03/2025
30
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
**Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors**
**----- Start of picture text -----**
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
750 - -
- - - -
17,118 10,000 - -
- - - -
- - - -
Total 17,118 10,750 - -
**----- End of picture text -----**
## **20.2 Deferred income**
## _**Please complete this note if the charity has deferred income.**_
_**Please explain the reasons why income is deferred. Movement in deferred income account**_ **Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period**
||**This year**|**Last year**|
|---|---|---|
||**_Music Education Hub for_**|**_Music Education Hub for_**|
||**_Derbyshire paid the annual_**|**_Derbyshire paid the annual_**|
||**_grant for 2023-24 in May_**|**_grant for 2023-24 in_**|
||**_2024._**|**_February 2023._**|
|||**This year**|**This year**|**Last year**|
|---|---|---|---|---|
||||**£**|**£**|
||||10,000|17,000|
||||17,000|10,000|
||-||10,000|- 17,000|
||||17,000|10,000|
CC17a (Excel)
14/03/2025
31
## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Movements in recognised provisions and funding commitment during the period**
|
**21.2 Please provide:**
**- a brief description of any obligations on the**
**balance sheet and the expected amount and timing of**
**resulting payments;**
**- an indication of the uncertainties about the amount**
**or timing of those outflows; and**
**- the amount of any expected reimbursement, stating**
**the amount of any asset that has been recognised for**
**that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide details**
**of commitment made, the time frame of that**
**commitment, any performance-related conditions and**
**details of how the commitment will be funded (with**
**contracts for capital expenditure separately**
**identified).**
**21.4 Where unrestricted funds have been designated**
**to a fund commitment, please disclose the nature of**
**any amounts designated and the likely timing of that**
**expenditure.**
**Balance at the end of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current**
**Unused amounts reversed during the period**
**Balance at the start of the reporting period**|
**This year**
**This year**
**period**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
-
-|
|---|---|---|
|||-
-|
|||**Last year**
**Last year**|
CC17a (Excel)
14/03/2025
32
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**This year Last year**
**22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
CC17a (Excel)
14/03/2025
33
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
**----- Start of picture text -----**
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
Last year
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
**----- End of picture text -----**
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
## **This year**
|**This**|**year**||||||||
|---|---|---|---|---|---|---|---|---|
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
||||||||||
||||||||||
||||||||||
||||||||||
|**Last**|**year**||||||||
|||**Description**|**of**|**item**|**Estimate**|**of**|**financial**|**effect**|
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**This year Last year**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact**
CC17a (Excel)
14/03/2025
34
## **Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Note 24 Cash at bank and in hand**|||
|---|---|---|
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**
-
22,847
368
-|**Last year**
**£**
-
12,774
846
-|
||23,215|
13,620|
CC17a (Excel)
14/03/2025
35
## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
|**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of incurring a loss**
**due to a debtor not paying what is owed) , liquidity**
**risk (the risk of not being able to meet short term**
**financial demands) and market risk (the risk that**
**the value of an investment will fall due to changes**
**in the market) arising from financial instruments to**
**which the charity is exposed at the end of the**
**reporting period and explain how the charity**
**manages those risks.**
**25.2 Please give details of the amount of change in**
**the fair value of basic financial instruments**
**(debtors, creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value through the**
**SoFA that is attributable to changes in credit risk.**|
**This year**
**Last year**|
|---|---|
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
**Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|**This year**
**Last year**|
|---|---|
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Hardship fund R To assist all children to access PDMC 3,910 4,000 (1,863) - - 6,047
To fund specific projects, per terms of
Other restricted reserves R original donation 13,666 17,850 (5,411) - - 26,105
To sustain PDMC in case hub funding is
Permanent reserve U withdrawn 40,000 - - 40,000
To fund specific projects as decided by
Other unrestricted reserves U Trustees 21,889 (5,870) - - 16,019
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 79,465 21,850 - 13,144 - - 88,171
**----- End of picture text -----**
CC17a (Excel)
14/03/2025
38
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Hardship fund R To assist all children to access PDMC 4,607 1,000 (1,697) - - 3,910
To fund specific projects, per terms of
Other restricted reserves R original donation 18,091 - (4,425) - - 13,666
To sustain PDMC in case hub funding is
Permanent reserve U withdrawn 40,000 - - - - 40,000
To fund specific projects as decided by
Other unrestricted reserves U Trustees 26,038 (4,149) - - 21,889
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 88,736 1,000 - 10,271 - - 79,465
**----- End of picture text -----**
CC17a (Excel)
14/03/2025
39
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
## **This year**
|**This year**||||
|---|---|---|---|
||**Reason for transfer and where endowment is converted to income,**||**Amount**|
|||**legal power for its conversion**||
|Between unrestricted and||||
|restricted funds||||
|Between endowment and||||
|restricted funds||||
|Between endowment and||||
|unrestricted funds||||
|||||
|**Last year**||||
||**Reason for transfer and where endowment is converted to income,**||**Amount**|
|||**legal power for its conversion**||
|Between unrestricted and||||
|restricted funds||||
|Between endowment and||||
|restricted funds||||
|Between endowment and||||
|unrestricted funds||||
|||||
## **27.4 Designated funds**
## **This year**
|**Planned use**|**Purpose of the designation**|**Amount**|
|---|---|---|
||||
||||
||||
||||
||||
||||
|**Last year**|||
|**Planned use**|**Purpose of the designation**|**Amount**|
||||
||||
||||
||||
||||
||||
CC17a (Excel)
14/03/2025
40
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Legal authority (eg**
**order, governing**
**document)**
**Name of trustee**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
**Amounts paid or benefit value**|
|---|---|
CC17a (Excel)
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41
**----- Start of picture text -----**
-
- - - -
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
**----- End of picture text -----**
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**Subsistence**
**Travel**
**TOTAL**
**Accommodation**
**Other (please specify):**|-
-
-
**£**
**This year**
-
-|-
**Last year**
**_TRUE_**
**£**
-
-
-
-|
|---|---|---|
||-|-
|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
|**This year**|**This year**|**This year**|**This year**|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting**||||**period (True or False)**|||||**_FALSE_**|||
|||||||||||||
|||||||||||**Amounts**||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**|**Balance at**
**period end**||**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**
||
|||||||||||**period**||
|||||**£**|**£**||**£**|||**£**||
|Hannah Watson|Trustee|Ensemble Director fees||1323.75||0|||0||0|
|||paid to Hannah Watson||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
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_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
Fees for services as self employed Ensemble Director. These services were provided under the same terms as other Ensemble Directors, including the hourly payment rate.
_**For any related party, please provide details of any guarantees given or received.**_
None
## **Last year**
|**Last year**|**Last year**|**Last year**|**Last year**||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting**||||**period (True**|**or False)**||||**_TRUE_**||
||||||||||||
|||||||||||**Amounts**|
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**
|
|||||||||||**period**|
|||||**£**||**£**|**£**|||**£**|
||||||||||||
||||||||||||
||||||||||||
||||||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
CC17a (Excel)
14/03/2025
43
**Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
14/03/2025
44
## **Independent Examiner’s report to the trustees of Peak District Music Centre CIO**
I report on the accounts of the company for the year ended 31 August 2024.
## **Respective responsibilities of Trustees and Examiner**
The trustees (who are also the directors of the company) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an Independent Examination is needed. The charity’s gross income has not exceeded £250,000. I am qualified to undertake the examination by being a qualified member of ICAEW.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act
- Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- State whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter have come to my attention:
1. Which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with section 386 of the Companies Act 2006
- To prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
Have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Robert Layton
Relevant Professional qualification or body: ICAEW Address: 6 Manchester Road, Buxton, Derbyshire, SK17 9SB Date: 05 March 2025