OPERAFFINITY TRUSTEE ANNUAL REPORT AND FINANCIALS FOR THE YEAR ENDED 31 DECEMBER 2021
1
Charity registration number: 1187687
6 7
OPERAFFINITY ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/12/2021
CONTENTS
Table of Contents
Trustee Annual Report 3-5
Receipts and Payments Accounts
Notes to the financial statements
2
Charity registration number: 1187687
OPERAFFINITY
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31/12/2021
Registration number:
Principal/registered address
1187687
Board of trustees
20 Chesholm Road LONDON N16 0DR
Ms Breana Stillman Mr F McLeod Mr PJ Harris
Charity registration number: 1187687
3
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 2021
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
4
Charity registration number: 1187687
income
Total Income for 2021 is £165.29
Expenditure
Total Expenditure for 2021 is £668.14
Funds
Due to the 2020/2021 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 31/12/2021
6
Charity registration number: 1187687
Income - Donations
Expenditure -
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.
Charity Name |
Charity Name |
Charity Name |
No (if any) | CC16a | |
|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||
| For the period from |
Period start date | To | Period end date 31/12/21 |
||
| 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 |
- - - - - - - - |
- | 165 | 165 | - |
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| Sub total(Gross income for AR) | - - - - - |
- | 165 | 165 | - |
| A2 Asset and investment sales, (see table). |
|||||
| - | - | - | |||
| - | - | - | - | ||
| Sub total | - | - | - | - | |
| Total receipts A3 Payments |
|||||
| - | 165 | 165 | - | ||
Expenses |
- - - - - - - - - |
- | 668 | 668 | |
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| **Sub total ** | - - - - - - - - - |
- | 668 | 668 | - |
| 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 |
|||||
| - | 668 | 668 | - | ||
| - | - 503 |
- 503 | - | ||
| - | - | - | - | ||
| - | - | - | - | ||
| - | - 503 |
- 503 | - |
CCXX R1 accounts (SS)
29/10/22
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 BES Signature |
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 |
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) |
|||
| 166 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Name | ||||
| Date of approval | ||||
| Breana | Stillman | 29/10/22 | ||
CCXX R2 accounts (SS)
29/10/22
2