**OPERAFFINITY TRUSTEE ANNUAL REPORT AND FINANCIALS FOR THE YEAR ENDED 31 DECEMBER 2020** 1 **Charity registration number:** 1187687 ## **OPERAFFINITY ANNUAL REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31/12/2020** ## **CONTENTS** ## Table of Contents ## **Trustee Annual Report** ## **Receipts and Payments Accounts** _Notes to the financial statements_ 2 **Charity registration number:** 1187687 ## **OPERAFFINITY** ## **TRUSTEES ANNUAL REPORT** **FOR THE YEAR ENDED 31/12/2020** _________________________________________________________ **Registration number:** 1187687 **Principal/registered address** 20 Chesholm Road LONDON N16 0DR **Board of trustees** Ms Breana Stillman Mr F McLeod Mr PJ Harris 3 **Charity registration number:** 1187687 ## **OPERAFFINITY** ## **TRUSTEES ANNUAL REPORT** ## **FOR THE YEAR ENDED 31/12/2021** ## _____________________________________________________________________ The trustees have pleasure in presenting their Annual Report and the financials for the year ended 31[st] of December 2020 The financials comply with current statutory requirements, the governing document, and the Charities Act 2011. ## **Aims and organisation** The CIO was established on 31 of January 2020. OperAffinity was set up to advance education in classical music opera to communities throughout the world that have little or no access to the arts. OperAffinity has developed various workshops, performances & events catered for varied age groups with emphasis, but not exclusively related to children aged 0 to 19 who come from disadvantaged backgrounds. The organisation uses working industry musicians who have a passion for the arts and education and making classical music & opera more accessible to the general public. The organisation ensures that all artists and performers that it engages have significant professional expertise and have a passion for and share the charity's aims. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the OperAffinity’s aims and objectives and in planning future activities. The decisions of the CIO are made by the trustees. The trustees have the authority to appoint replacement trustees. The focus of our Charity’s activities remains to promote, improve and advance education of the public with an emphasis on disadvantaged youths throughout the world in the art of music, and with a particular focus on opera and classical music. Our activities remain open to applications from individuals or organisations that in particular, but not exclusively, comply with the Trust activities as stated above. ## **Review of financial activities and affairs** ## **income** Total Income for 2020 is **£854** ## **Expenditure** Total Expenditure for 2020 is **£2,212** 4 **Charity registration number:** 1187687 ## **Funds** Due to the 2020 pandemic all fundraising and grants were put on hold. Activities are now underway to continue applying for grants and funding. ## **Risk** The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operation and finance of the CIO, and are satisfied that systems are in place to mitigate exposure to any such risks. ## **Reserves policy** It is the policy of the trustees to maintain reserves at a level appropriate to the Trusts operations. Reserves are maintained at such a level as to be able to respond to any requests for assistance. ## **Investment powers** The trustees have the power to invest the funds of the Trust under their own discretion. 5 **Charity registration number:** 1187687 ## **OPERAFFINITY** ## **RECEIPTS AND PAYMENTS ACCOUNT – UNRESTRICTED FUNDS** ## **FOR THE YEAR ENDED 31/12/2020** ## **Income - Donations** ## **Expenditure -** **Charity registration number:** 1187687 6 ## **OPERAFFINITY** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31/12/2021** _________________________________________________________ **1. Accounting policies** ## **Basis of preparation** The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards and Charity Commission guidance in the form of CC16 for charities preparing financial statements on a receipts and payments basis. ## **2. Breakdown of charity’s funds** ## **Unrestricted funds:** Unrestricted funds are those funds that can be used in accordance with the charitable objects of the Trust at the discretion of the trustees. ## **3. Trustee remuneration** No trustee has received remuneration or reimbursement for expenses incurred during the financial year. 7 **Charity registration number:** 1187687 ||
**Charity Name**|
**Charity Name**|
**Charity Name**|**No (if any)**|**CC16a**| |---|---|---|---|---|---| ||**Receipts andpayments accounts**||||| ||**For the period**
**from**|Period start date|**To**|Period end date
01.11.2021|| ||||||| |**Section A Receipts and payments**|||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |
Donations|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**854**|**854**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**-**
**-**
**-**
**-**
**-**|**-**|**854**|**854**|**-**| |**A2 Asset and investment sales,**
**(see table).**|||||| |||**-**|**-**|**-**|| |||**-**|**-**|**-**|**-**| |**_Sub total_**||**-**|**-**|**-**|**-**| |**_Total receipts_**
**A3 Payments**|||||| |||**-**|**854**|**854**|**-**| ||||||| |
Expenses|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**2,212**|**2,212**|| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |**_Sub total_ **|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**2,212**|**2,212**|**-**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| |||**-**|**-**|**-**|| |||**-**|**-**|**-**|| |**_Sub total_ **||**-**|||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| |||**-**|**2,212**|**2,212**|**-**| ||||||| |||**-**|
**- 1,358**|**- 1,358**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**-**|**-**| |||**-**|
**- 1,358**|**- 1,358**|**-**| CCXX R1 accounts (SS) 3/11/21 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments account(s))
**Details**
**Details**
**Details**
Repayment of funds to B.E.S.
Signature
~~Text~~|**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which asset**
**belongs**
**Fund to which asset**
**belongs**
**Fund to which**
**liability relates**
Endowment Fund
Print|**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||OK|Agreement Error| ||||**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**Cost (optional)**|**Current value**
**(optional)**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**Cost (optional)**|**Current value**
**(optional)**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**Amount due**
**(optional)**|**When due**
**(optional)**| ||||**938**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||Name|| |||||Date of approval| |||Breana Stillman||03/11/21| |||||| CCXX R2 accounts (SS) 3/11/21 2