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2023-08-31-accounts

UK A Cappella Society

Unaudited Annual Report and Accounts

31 August 2023

Charity Registration Number:: 1194095

UK A Cappella Society

CONTENTS

Reports

Reports
Reference and administrative details 1
Report of the trustees 2
Accounts
Statement of Financial Activities 8
Balance Sheet 9
Principal Accounting Policies 10
Notes to the accounts 12

UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Reference and administrative details

Trustees Gemma Davies (Chair) Christopher Witham Matthew King Administration address 55 Silver Spring Close Erith Kent DA8 1EG Charity registration number 1194095 Bankers National Westminster Bank plc 30 Tooting High Street Tooting London SW17 0RG

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Report of the Trustees

The trustees present their annual report together with the accounts of the UK A Cappella Society (‘the charity’ or ‘UKACS’) for the year ended 31 August 2023.

The accounts have been prepared in accordance with the accounting policies set out on pages 10 and 11 of the attached accounts and comply with the applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The principles set out in the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS102) have been followed in the preparation of this report and accounts.

Introduction

The UK A Cappella Society is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission and governed by a Constitution dated 11 February 2021.

The UK A Cappella Society aims to provide a voice for A Cappella singers across the UK: a place where they can come together to shape their own community, learn from leading figures within the field, and find support to carry out projects that engage with the art of A Cappella. We hope to widen the reach of A Cappella education to encourage diversity and inclusivity within the art form and bring A Cappella to those who may not otherwise come across it.

Mission and objects

The charity’s object is to advance, improve, develop and encourage public education in, and appreciation of, the art and science of A Cappella music in all its aspects by any means the trustees see fit, including; through the presentation of public concerts and recitals; through acting as a resource centre for those interested in A Cappella; developing outreach projects to increase diversity and open the music to a wider audience.

Objectives

The charity will aim to fulfil its mission through its CORE objectives:

Community

We aim to create a friendly and welcoming community hub where singers can meet one another, make friends, work on projects and celebrate each other’s success. Future activities which will achieve this aim include:

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Report of the Trustees (continued)

Objectives (continued)

Outreach

We will work closely with educational and community organisations to provide people, particularly those from disadvantaged communities, with opportunities and resources that can help them to gain skills and experience in A Cappella singing. Future activities which will achieve this aim include:

Resources

We will provide both our members and the general public with the knowledge and tools to learn more about the art of A Cappella and progress in their singing journey. We will provide guides, advice, support, arrangements and learning opportunities such as workshops and classes from some of the biggest talents in the UK A Cappella scene. Activities which achieve this aim, centred around the content on the charity’s website, include:

Some content has already been established for the charity’s website through the kind voluntary contributions of experienced members of the professional A Cappella community.

Equality & Diversity

We will aim to make A Cappella singing available to everyone through inclusivity and diversity initiatives that open up the community to all. Future activities which will achieve this aim include:

In setting the charity’s objectives and planning its activities, the trustees have given careful consideration to the Charity Commission’s general guidance on public benefit.

Activities and performance

The charity carried out no public activities during the year, but built and maintained a website and received a charitable grant which will be applied towards events and other charitable work in future periods.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Report of the Trustees (continued)

Future plans

The charity will aim to fulfil its objectives by commencing and/ or continuing the activities described above. Specifically:

The trustees are organising the first school workshop to take place in conjunction with professional educators from A Cappella backgrounds.

Financial review

Financial performance

Income amounted to £8,312 (2022 - £nil) and consisted predominantly of a charitable grant from The Voice Festival UK. This grant will be used in future years to fund workshops and events, as wells as to cover general costs such as facilitating the charity's technical content through the maintenance of the website.

Expenditure for the year was £428 (2022 - £nil) and related to the construction and maintenance of the charity's website.

Financial position:

At the balance sheet date, the charity's total funds stood at £7,884 (2022 - £nil). Of this amount, £312 (2022 - £nil) related to restricted donations received to facilitate the provision of A Cappella workshops for schools serving disadvantaged communities, in keeping with the charity's Outreach objective. The remaining funds of £7,572 (2022 - £nil) are unrestricted and therefore represent the charity's free reserves.

Relevant policies

Reserves policy

The trustees have examined the requirement for free reserves, i.e. those unrestricted funds not designated for specific purposes or otherwise committed. The trustees consider that, given the nature of the charity’s work, the level of free reserves should be approximately equal to one year’s expenditure on unrestricted funds.

The trustees are of the opinion that this provides sufficient flexibility:

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Report of the Trustees (continued)

Reserves policy (continued)

The charity's free reserves currently exceed the stated policy, however since the charity had yet to commence any public activities as at the year-end date, the trustees are aware that unrestricted expenditure will increase in the coming years. They therefore consider the current level of free reserves to be adequate for the charity's future plans, but not excessive.

Fundraising policy

During the period, the charity did not carry out any direct fundraising with the public, though it did receive a charitable grant from another charitable organisation and a donation from one of its trustees. It did not use the services of any third party organisation to help in its fundraising activities and no complaints were received about its fundraising activities during the financial year either directly or through the Fundraising Regulator. However, if a complaint was to be received by the charity, it would be handled by a trustee.

Financial Controls and Processes

The trustees have implemented a strategy to ensure safe handling of finances and responsible spending, as well as correct documentation. This covers Banking Procedures, access to accounts, recording processes, conflicts of interest, and hospitality and gifts.

Further policies

As the charity becomes established, the trustees will develop additional policies to cover key areas of its operations. This includes the introduction of a Safeguarding Policy ahead of the first work with schools. A further list of required policies has been drawn up and a strategy is in place to prepare these ahead of charitable activities for which they are required.

Governance, structure and management

Trustees

The following individuals served as trustees from the incorporation of the charity and were in post at 31 August 2023:

In 2016, she volunteered with Voice Fest before hosting a number of community-building mixer events for graduates and lending a hand with the first ever UK A Cappella Ball.

She then joined Varsity Vocals as a Production Assistant Trainee before swiftly moving up the ladder to become UK Producer in 2019.

Starting out in his school's auditioned group, he eventually became a member of The Techtonics, with whom he recorded 2 albums, travelled on numerous tours, competed in Voice Fest, and performed in a sell-out Edinburgh Fringe run. Following his graduation he started volunteering with Varsity Vocals on the ICCA, leading to him becoming a producer for the competition.

Chris hugely values the opportunities that A Cappella has given him and is committed to making sure these are available to everyone, no matter their circumstance.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Report of the Trustees (continued)

Governnce, structure and management (continued)

Trustees (continued)

When new trustees are appointed, interested individuals meet with the existing board following which their application is considered by the board. The induction and ongoing training is undertaken on an informal basis; external training is provided as and when necessary.

Management

The trustees consider that they alone comprise the key management personnel of the charity, in charge of directing and controlling, running and operating the charity on a day-to-day basis. They are also responsible for the policies, activities and assets of the charity. They aim to meet on a monthly basis to review developments with regard to the charity and to make significant decisions, but communicate more frequently as and when required.

The trustees receive no remuneration or reimbursement of expenses in connection with their duties as trustees. There were no other connected parties to the charity during the period.

Trustees’ responsibilities statement

The trustees are responsible for preparing the trustees’ report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these accounts, the trustees are required to:

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Risk Management

The management of risk will be an on-going process and the trustees will undertake regular reviews of the principal risks and uncertainties that the charity faces. They will regularly review the measures already in place, or needing to be put in place, to establish policies, systems and procedures to mitigate those risks identified in the annual review and ensure that action is taken to implement changes to those policies, systems and procedures should they be needed to minimise or manage any potential impact on the charity should those risks materialise.

Report of the Trustees (continued)

The trustees consider the principal risks faced by the charity, as a newly incorporated organisation, to be:

The trustees intend to engage in a programme of fundraising and engagement within the A Cappella community in order to mitigate these risks, as described under the future plans section, above.

Approved by and signed on the behalf of the trustees:

Gemma Davies Trustee Date: 29 June 2024

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Statement of Financial Activities

Notes
Income from:
Donations and grants
1
Total
Expenditure on:
Charitable activities
2
Total
Net movement in funds
Reconciliation of funds
Fund balances at 1 September 2022
Fund balances at 31 August 2023
7,8
Unrestricted
funds
£
Restricted
funds
£
Year
ended
31 Aug
2023
Total
funds
£
Period
ended 31
Aug
2022
Total
funds
£
8,000 312 8,312
8,000 312 8,312
428 428
428 428
7,572
312
7,884

7,572 312 7,884

All of the charity’s activities derived from continuing operations during the current financial year.

All recognised gains or losses are included in the above statement of financial activities.

The notes on pages 10 to 14 form part of these accounts.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Balance sheet

Notes 2023
£
2022
£
Current assets
Debtors
5
Cash at bank
Creditors: amounts falling due within one year
6
Net assets
Unrestricted funds
Restricted funds
7
Total Funds
7,8
8,062
250

8,312
(428)



7,884
7,572
312
7,884


The accounts were approved and authorised for issue by the board and were signed on its behalf by:

Gemma Davies

Trustee

Date: 29 June 2024

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Principal Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the accounts are laid out below.

Basis of preparation

These accounts have been prepared for the year ended 31 August 2023

The accounts have been prepared under the historical cost convention with items recognised at cost unless otherwise stated in the relevant accounting policies below or the notes to these accounts.

The accounts are presented in sterling and are rounded to the nearest pound.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

Assessment of going concern

The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of one year from the date of approval of these accounts.

The trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due.

Critical accounting estimates and areas of judgement

Other than the assessment of going concern, the preparation of the accounts did not require the trustees to make any significant judgements or estimates.

Cash flow statement

The accounts do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Charities SORP (FRS 102) Update Bulletin 1.

Income recognition

Income is recognised in the period in which the charity has entitlement to the income, the amount of income can be measured reliably and it is probable that the income will be received.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

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UK A Cappella Society Unaudited Annual Report and Accounts for the year ended 31 August 2023

Principal Accounting Policies (continued)

Debtors

Trade and other debtors, which are receivable within one year, are initially recognised at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled and any impairment losses.

Cash and bank balances

Cash and bank balances includes cash and short-term, highly liquid investments, with a short maturity of six months or less from the date of acquisition.

Trade creditors and liabilities

Trade and other creditors payable within one year are initially measured at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Funds

Unrestricted funds are available for use at the discretion of the trustees, in furtherance of the general objectives of the charity.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors, or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Notes to the Accounts

1 Donations and grants

1
Donations and grants
Unrestricted
funds
£
Restricted
funds
£
Year ended
31 Aug 2023
Total
funds
£
Period
ended 31
Aug 2022
Total
funds
£
Donation income
Gift Aid receivable
Grant income


8,000
8,000
250
62

312
250
62
8,000
8,312



2 Expenditure on Charitable Activities

Direct
costs
£
Support
costs
£
Year ended
31 Aug 2023
Total
£
Period
ended 31
Aug 2022
Total
£
Website design and maintenance
Total expenditure

428
428
428
428

All expenditure relates to unrestricted funds in the current year.

3 Staff costs

During the period ended 31 August 2022 and the year ended 31 August 2023 the charity employed no staff and therefore incurred £nil staff costs.

The trustees consider that for the year ended 31 August 2023, they comprised the key management of the charity in charge of directing and controlling, running and operating the charity on a day to day basis.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Notes to the Accounts (continued)

4 Trustees and key management personnel

None of the trustees (or any persons connected with them) received any remuneration during current year or prior period. During year payments of £428 (2022: £nil) were made by one trustee on behalf of the charity; at 31 August 2023 the balance due to the trustee was £428 (2022: £nil)

Donations of £250 (2022: £nil) were received from one trustee.

5 Debtors

Accrued income
Gift aid receivable
2023
£
2022
£
8,000
62
8,062


6 Creditors

Accruals 2023
£
2022
£
428
428

7 Restricted funds

The funds of the charity include restricted funds comprising the following unexpended balances of donations held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds
Balance 1
Sept 2022
£

Income
£
Expenditure
£
Transfers
£
Balance 31
Aug 2023
£
Charitable activities
School Workshops Fund
Total

312
312


312
312

The school workshops fund comprises funds donated to facilitate the provision of A Cappella workshops for schools serving disadvantaged communities.

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UK A Cappella Society

Unaudited Annual Report and Accounts for the year ended 31 August 2023

Notes to the Accounts (continued)

8 Analysis of net assets between funds

Group Unrestricted
funds
£
8,000
(428)
7,572
Restricted
funds
£
Total
2023
£
Fund balances at 31 August 2023 are represented
by:
Current assets
Creditors: amounts falling due within one year
312

312
8,312
(428)
7,884

9 Taxation

The UK A Cappella Society is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

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