OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Company registration number CE026668 (England and Wales) Charity registration number 1195825 (England and Wales)

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr A Cohen Ms D C Mintz Ms I Appelbaum Ms H Shabatai Ms M Chachamu Mr G Hausmann

Country of incorporation

Charity registration

United Kingdom CE026668 (England and Wales) England and Wales 1195825

Registered office

C H Hausmann & Co 5 DE Walden Court New Cavendish Street London W1W 6XD

Independent examiner Richard Anthony Ground Floor Cooper House 316 Regents Park Road London United Kingdom N3 2JX

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

CONTENTS

Page
Trustees' report 1 - 2
Statement of trustees' responsibilities 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 10

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Companies Act 2006 and "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 UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

Objectives and aims

The objects of the charity are to pay or apply the funds of the Charity to or towards or in furtherance or advancement or for the public benefit to promote education in music and art in musical performance in such a way as the charity trustees think fit, inter alia to support and promote the Arthur Rubinstein international music society.

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Volunteers

The charity has no UK volunteers.

Achievements and performance

Significant activities and achievements against objectives

Charitable activities

The result of the period at the period ended were considered satisfactory by the trustees.

A Summary of the charity's transactions of it's financial position are shown in the financial statement together with the accompanying notes.

Financial review

Reserves policy

During the period the charity raised funds totalling £Nil and had £4,770 expenses in the period.

The charity made grants to totalling £Nil and had total unrestricted funds as at the balance sheet date of £480.

Reserves policy

The trustees do not consider it necessary for the charity to hold reserves because it is a grantmaking charity so it' s expenditure is commensurate with its income.

Structure, governance and management

Registered Charity number

1195825

Principal address

C H Hausmann lk Co Suite 5 De Walden Court 85 New Cavendish Street London W1W 6XD

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr A Cohen Mr B Nemenyi Ms D C Mintz Ms I Appelbaum Ms H Shabatai Ms M Chachamu Mr G Hausmann

(Resigned 24 September 2025)

Recruitment and appointment of trustees

The trustees' report was approved by the Board of Trustees.

.............................. Mr A Cohen Trustee

Date: .............................................

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees, who are also the directors of UK Friends of the Arthur Rubinstein International Music Association for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

We report to the Trustees on our examination of the financial statements of UK Friends of the Arthur Rubinstein International Music Association (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the Trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination we have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that we are qualified to undertake the examination because we are a member of the Institute of Chartered Accounts in England & Wales, which is one of the listed bodies.

We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Richard Anthony

Ground Floor Cooper House 316 Regents Park Road London United Kingdom N3 2JX Date: ............................

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Charitable activities 2 - 5,000
Total income - 5,000
Expenditure on:
Charitable activities 3 4,770 -
Total expenditure 4,770 -
Net income/(expenditure) and movement in funds (4,770) 5,000
Reconciliation of funds:
Fund balances at 1 January 2024 5,250 250
Fund balances at 31 December 2024 480 5,250

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Current assets
Cash at bank and in hand
Net current assets
The funds of the charity
Unrestricted funds
8		 2024
£
480		 £
480
480
480		 2023
£
5,250		 £
5,250
5,250
5,250

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024.

The Trustee acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on .........................

.............................. Mr A Cohen Trustee

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

Charity information

UK Friends of the Arthur Rubinstein International Music Association is a private company limited by guarantee incorporated in England and Wales. The registered office is C H Hausmann & Co, 5 DE Walden Court, New Cavendish Street, London, W1W 6XD.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

UK Friends of the Arthur Rubinstein International Music Association does not have Restricted funds or Designated funds. All funds are unrestricted.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit 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.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Income from charitable activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Incoming Resou
Sale of goods - 5,000

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

3 Expenditure on charitable activities

Expense
2024
£
Direct costs
Charitable expense 4,770
Analysis by fund
Unrestricted funds 4,770
4 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements - -

5 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

6 Employees

There was no employees in the Charity during the period. Management services are provided to the Charity by a fellow group company. No charge has been provided for these services.

2024 2023
Number Number
7 7

There were no employees whose annual remuneration was more than £60,000.

7 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

UK FRIENDS OF THE ARTHUR RUBINSTEIN INTERNATIONAL MUSIC ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

8 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
General funds 5,250 - (4,770) 480
Previous year: At 1 January Incoming Resources At 31
2023 resources expended December
2023
£ £ £ £
General funds 250 5,000 - 5,250

9 Related party transactions

There were no related party transactions for the period ended 31 December 2024.