REGisfERU> COMPANY NUMBER.. 10571468 (En9land and Wales) REGIsfERED CHARrrY NUMBER: 1196048 SONORO {A COMPANY LIMtrED BY GUARAPITEE) REpoKf OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YE*A ENDED 31 MARCH 2024 HartY FtyeT LLP Chortered Accountants 4th Fkxx Tuc H(Se 27-37 St Geuge'5 Road Wimbled Lon SW19 4EU
SONORO coKrENTS OF THE FINANcL ATEmENTs FOR ThE YEAR ENDED 31 MARCH 2024 P•90 Report ofthe TruthLs I to 3 Independert Examlner'j Repwt stst4m•nt af Hnancial Acti¥ld•$ Bal•nc• Sheet N¢)ts• to th• Flnanaal Statsmnts 7 to 11
SONORO {REGisfERED NUMBER: 10571468) REPORT OF TrIE TRusfEES FOR THE YEAR ENDED 31 MARCH 2024 The bustees are a0 directrKs of the ch3rfty for pur5 d the Comparies Att 2Cp)6, present their rep¢yt v the flnanclal statements of fv tharfty for the year ended 31 March 2024. The trustees have athpted the p5105 Accounting and Repor by tharfties.. Ststement DI Recommended PrIce appllcable to tharftles preparing their aCcJ5 In acrordarKe wth the Rnanoal Re[x)rtI Standard aptAicable In the UK and Republlc of Irebnd (FRS 102) {effectNe l JanLOry 20191. This report setves as both the Trustses Annual Rew)rt and the Director5, Report under company law for the Cornpanvs finandal and operaung perknd l knil 2023 to 31 March 2024. For the purposes of filing wth ClpanIeS H¢JJse and the Owrty Cornrnssk)n, the finarcN315tJtemerts for the Company a a[nded to this report. The Trustees conflrm that the Trustees Ann1 Report ar the assooated flnandal staternents comyy wlth the atutory requirements QunIty in force, wllh the thaty'S 9oveming and in accOrdae with the fillarla1 reporung thndards IFRS 1021 aprAicaPJe in the UK. OBJECll¥ES AND AcnvifIE5 Obiertives l To advance the educatlon understsndlng aTrJ appreda¥M Lrf the public In mu In general aTrJ chclal mUC In partlcular for the publ Inefit through the holdlng of publlc conccrts and events In people gather to participate h) mwc and by mean5 d broadca&ing, producing andlor distributirvJ Uterature or such olher mans a5 the trustees thlnk riL bl To promte the edtittn li1UdIng soclal and ptrryslcal trnlolrsl of peop cl all age5 bul Th)tsbty those under the &Je cl 25 yeaTs rnuc h suth Ylays as the tharfty trustees ltrlnk fil; c) To prornote learrt9 for pleasure by p8)ple includlng not kn full time enybyrnent through the contlnued development of their indNldual capabllbtles, cornpetencies, 5ki115 and understandlng In MC In general thoral mus In particular; dl To promote researth fc the wlIC benent In al asFects d rnusk educaljon and to publsh the useful reAts to 9Jtyct. 51gnlflcart actlvltl• At the heort of Sonoro, and expresng Its prfme ethos, Is ts charthr cholr, whlth ha5 attrarted attenti for its wami tone, bknd of cothrs and vibrancy In performarKe. Ils singers are dram frcffi the px4 of tl* county's flne5t professlonal chNal talent, who are also IeFendent In their right, The choirfs unmlstakabty rich and full und has been alIsed by allowkng each slryer to be Iree to Use al of thelr Vc4, matched wltr careful blendin9, creating warmth and resona[e. 'Sonoro' In Italian means 'sonorou5, vdces that are rkh and ful, and Somro lives to that name as a choir th a ncte and kErfecUy blended swnd. The principal athknes debed in the section Achievement and Performance below hhlght hDW objectfves of charlty are belng rrf notabty thls year In the areas ol athancing the appreciatlon of chcfal musk In support events run by other UK tharfti, Public benBfit In planning the ath'Ves of the tharity tru&ees have Iwd d regard fcrf Cmroty COMMIS&,5 9dan on public benefiL
SONORO (REGIsfEREO NUMBeR: 10571468) REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 f4ARCH 2024 AcHIEVEMEr AND PERFORMANCE Actlvltle5 EaAy In the year, knoro comtAeted the List part of ts second highly suc511 Choral Insplrabon5 proje¢ finishing wth a wotshop and J)Int COnrt in NeKastle wth Votes of Hope. The events were indd as part of the Northem Chord5 Fesuval. Both Choral In¥IratiO l & Il have been SUFPOrted financially by Arts cour11 England, whlch recognlsed and understood the IMWWtsn cl how the projed achleved its objecuves of Th)t1ng new chcral musc compogucffj and eduGIUr¥J s[er5 and l¢steners in thls fiekl. As a [Mal the project hJs proven its worth by the produrtK)n of 12 new choral composits'ons to ad(1 to the pertOIre. The Artlstlc Directors ¥11 cor6MJer the meri benefit5 and reabty d pwsuing a third edition In due course. The Sonoro choir ha5 alrea(ty earned a reputayon as a Exxly that prTrluce5 a dlst+nct and full sc4Jnd by it5 slnws rnake full use of thelr Individual voice5, whi15t resulung in a blended rewnance. Independent professional ngerS are ttracted to this opportu1ty and new ones conb.nue to appty to be added to Sonoro's approved list of partners. There re M slThJers as perrnanent members of the thdr. Each project aThJ event Is resourced frcm a Ilst of prcle590nol slngers that ha5 been dra up ft41ow5n9 audluorts the DlrertQT5 a regular bag5. It Is th15 tharatteristic thot Is one of the reasons comp05ers Ilke to wotk th the Artlstic DlrectrKs and facilltste the oppJrbJnltles fcf recordir#J¥ learng the Artlstic Directors to sdett the m05t approprfate slngers Sonoro's Ilst. year. fued by the Stephen Dcyjgson Trust in cc41aboratbn wh SOMN Recudirqs, Sonoro was asked to pde the cholr fL¥ an album dedlcated to the d)oral works or the Britld) cc4npor Stephen Dodg9)n 11924.2013), wh)se prdfflc output covered muKlple genres frcTh B8C drama Inddentsl mu51c to opera. The recordlng Is due lease nIth2024. cer a Sonoro has been worklng wlth the charty Canr Research UK to devek)p Opportun'e$ for gjpportlng CRUK In its events. Notsbty, In hte 2023, the thoir made a recordlrvj for CRUK to use In Its online Q)rlstsnas ccmcerts lor ptlnclpal ftjnders, and kter performed lfve In ty)e chatlty's rnain Qristmas carc4 concert In che1mOrd Cathedral. In mlL4r vdn, was also asked to ng 5010 Items and the slnglrrtJ the alStmaS carol concLYt 5UPPOrtSro t chartty Wounded Veterans lrn central London, attendeil by mary Welkrwn names In the entertainment SJrK)ro has been invited back for this second evenl again in 2024. Sonoros own christm wirh Sonom event In 2023 wa5 rted again tc another central London vwue, St Church, Piccadilly. OKe more, thls wa5 a very well-receSved and successful corKert arti5ticdty and, induding new0MISS)ned work ty MILhael Hl4glns, several of the compjsers of the music surrfj were wesent in audientt. Regtrul1V tNs ypar. Smo was not ae to conb'nue Its dose asswiation collabcrttion ¥¥lth Mulc Fourndab'cfi thot auawed to vlslt Mary g£hools In the London BoMh ol Merton as part of Sonoro's educ6tional outreach proje¢ Sound CcmstrLKtion. Prevlously this highly successful project had been supported by a grant from the Natlonal Lottery Community Fund dlstrflyjted by Merton GlvlThJ. It wouhl appear thal Merton fjvlng has decided to reallocate rnost ol it5 furllng away Irorn supporting educatK)n In muslc, It 15 very unfortunate that thls aPFears to be grwlng trend arn¢y)gst 9Jne fundlng 50urce5. FINANCIAL REVIEW rinanciJl posftlon A surnmary of flnanaal ph)tion cl the chatty Is provkled on the balance sheel bthlch a part of lISe accounts. RÉserv•s pollcv The tharty hJ5 fK) emtADyees. Any PTofe55k)nals engaged a on an ad Pr0ct by project basis onty. The chartty therefore aim5 to hobj sufficlent resetves to enable It lo meet ts rinanaal otligab'ons as fall due over a three-mnth peri1, a dUratn con%dergJ suffiCrt to all for a cC1r01led ck)9Jre of the Cnpany, shtyjkl It be reqtyred, STrUCTURI GOVERNANCE ANO MANAGEMEI Governing do¢ument The tharity s CDnstituted as a company limited by guarantee, as defined by the Cornpans kt 2006, and it5 govemlng document is Its Memorandum aThl ArtIc5 of Association ado#ed by a SFtcial re501utlon 21st September 2021 an fled with the ljarity Commi55th. Rerrnthent and appointmentof trustees t5t5 have Fower to apwlnt additional trllsrees, taknng Into con5thUon any specialist skills or atyqlude that p¢Jientlal trustee may wssess that would benefit or vwden the expertise and knOwdge area of the trustee5.
SONORO (REGisfERED NUMBER: 10571468) REPORT OF THE TRUStEES FOR THE YEAR E14DED 31 MARCH 2024 STrUCTURE, GOVERfiAN(£ AMD MAP4AGEMEI Decision maklng The Twsw meet reguL3rly to wiew the Cunparry'5 OFÉYation. plans financial status as stated and prapcsed by tt operatho team, led by tt Clrectors, to which the day-ttrday n13nwryRnt of the ConN)any Is degtsj. No TnJ5tee reIVeS any fees, Ternu1n, finanaal benefit benent-ln-kind fcff hold1t the ro of Truee and can dalm the idnJJrserrErt for any authorlsed expen5e5 Incurred subject to the tern dthned In the Company'5 des. REFERENCE AND ADMINISTRATIVE DAlLs Registered Company number 10571468 (England and Wales) Reglstared Charfty number 1196048 Registered ¢)ffice 4th FbJr Tu10n Hse 27137 St George'5 Road WIrnb LoTrdon SW19 4EU Prlndpal addr% 18 BartholneW Cl)se Haslemere Surrey GU27 IEN Trurtees Peter Hick50n (Chalrl Phiroz Daw Nell Dennls Me13nle Ha0X Ellzabeth Neale Hden Indep•ndert Eumlner Hartley Fer LLP 4th Hoor TuItI House 27-37 St George's Road Wlrnbletson London 5W19 4EU Approved by Lythr cl the of truthg on 25 Septemter 2024 s*ned cn Its behaw by: prter Hlckson- TnJ#
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF SONORO Independent •xaminer's rep to the trustees of Sonoro ('the Compan) L repDrt to the tharity trustees on my examinatSon the accounts of the Company for the year ended 31 March 2024. Regponslbllltles and basls of report A5 the charfty's trustees of the Corryany land atso its dirertors ft¥ the puws ¢% company Liwl you are reswnslble for the ppala"0n cl the accounts In aordan with tIE reqLdremerts of the Companie5 Att 2(KJ6 lhe 2LM)6 ACV). Having satisffied rrysew that the accounts of Ccmpany are not requlred to be alxliied under Part 16 d the 2006 Act and are eIlie for irnlependent examlnats"on, I report in rew of my examination of youi charlivs accounts as carried under Section 145 of the tharfties kt 2011 I'lhe 2011 Act). In carrylng (xrt my examlnab'on I fdl¢xd the DlrectSons given by Chartty Ccmmis90n under Sectlon 145151 Ib) of the 2011 Act. Indepr•d•nt •xamlner'$ siement I have completed my exaffl1natiL. I CcnMi that matters have come to my attenuon In connethon the examlnation gng me (Buse to believe: actountlng record5 Ere not kept in respett of the Comyny as rewlred by 386 clthe 2006 Act; or the accounts do accord those records; or the accounrs do nol comply the accounllng qUIrements of SectIc 396 of the 2006 Act other than reouirement that the aCcnts glve o true and falr vkw whlch Is rnt a rnatter cOndered as part cl an lThJependont examlnauon,. or the accounts hove not been prepared In acrnrdar ¥%h the MetIaS and prfrKleS ¢1 the Ststemert of Recommended Practlce for accounung arNI pOrtIng by charities {applicabie to charlties pParing their accounts in aCcOrdae wlth Fironcial ReportiNJ Stsndard apkatIe In the UK aTrJ Republk d Ireland IFRS 10211. I have no concern5 have come au05S other rnèiters In connectbn wth the examlnatkin to attenuon be dtBvm In thls rew)rt In order to enable a pr¢Jper understa of fv xcwnts to be reathed. Jatha Haruey Fow*r LLP Charted AccoJntants 4th Fkxjr Tvf(kn Hr 27-37 St Gecrf9e's Road Wlrnbled LoTrJon 5W19 4EU
SONORO srATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Totsl fiJThJs 2023 Totsl fijnds fur funds btes INCOME AND E14DOWMENTS FR(hM Grnnts and dC1)atn5 48,531 3,486 $2,017 31,873 Charitsble actIV Charitable aLtlY1e5 15,622 ?45 18,467 16.723 Total 64,153 6?31 70,484 48,596 EXpENDuRE ON Charitsble actlvltl•• 67,3 5,132 72,512 56,743 NEf INC014EI{EXPENDrnIRE) 13,227) 1,199 12,0281 18,147) RECONCIUATION OF FUNDS Totsl fur5 brought fomard 4,251 1,688 5,942 14,089 TOTAL FUNDS CARRIED FORWARD 1,027 2,887 3,914 5,942 The rhJte5 forrn part ( these finarKl 51emw)1s
SONORO [REGIStERED P4UMBER: 10571468) BALANCE SHEEr 31 MAROI 2024 2024 Totsl fuThls 2023 Totsl fund5 Unrestrfcted fijnd Re5triLted fuThJs FIXED ASSEfs Intsngible 655ets TangIb assets 970 970 970 970 661 CURRENT ASSErs Debtors Cath at bank 1,071 5,594 1,071 8,481 1,08B 12,087 2,887 6,665 9.552 13,175 CREDITORS Arrounts tslling due bylthh orE year (6,6081 16,608} 17,8941 NEf CURRENT ASsrrs 57 2,887 5,281 TOTAL ASSEfs LESS CURRENT LIABILrriES 1,027 3,914 5,942 ASSErs I,D27 2,BB7 3,914 5,942 FUNDS Unrestri¢Xed fvThas Restcted funds io 1,027 2,887 4,254 1,688 TOTAL FUNDS 3,914 5,942 The charitable CoMnY Is erftkd to exerW'M from atstht Sertbx 477 cl the C(mpanles Act 2006 for the year eTrJed 31 2024. The members have requlred the corroany tr& obtskn an aud of Ls flnandal atements for the year wded 31 Marth 2024 In accordarKe wlth Section 476 d the Companle5 Act 2QQ6. The trustees ad[Tredge thelr reSpcfislIS fcf la) ensuring thjt the chatsb cornpany keeps accor¢J record5 compty Sections 386 and 387 of tt CoMpae5 Act 2rN)6 aThJ prepari fInla1 statements which ge a true arKJ fair VIEW the state of affaSrs of the tharftatrk c(wny a5 at the end of each finandal year and of Its 5urplu5 01 for exh hnanoal year in accordance wth the requlrements of SECticfis 394 aTrJ 395 and which othekwlse ccxnpty wlth the requ1nnts el the COmpaeS Act 2006 relatyNJ tts finandal &aternents, so far as applKable to the charltsble company. These fina71 statements have been yepared In acLordance wth the appllcable to thritae coMpae5 subject to the smal ccfflpanies regime. Ib) The flnancial 5ttten*nts were approved by Board of Tnfytre5 aurISed for 25 Septernber 2024 3Tr were gned on its tthalf bv.. Peter Hick9Jn . Trustee note5 fvrn part of thgse finardal Staten[S
SONORO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOIINTENG POUCIES Basis Ot pyeparlng the fancial statements financkl ststernents cl the charrtable company, a public bent ertty under FRS lQ2, have LEen prepared in accordartt witti the Ctrhirities SORP IFRS 102) 'Accounting aThl RepOrt1j by Charitles.. Ststernent Recomrnended Prthe appjbcable to charitses prepartng their accounts in accorda wtth the Finondal Reporting Standard appllcable in UK and ReKMJblic d Irebnd IFRS 102) (effective l January 20191., Flnandal Repo[¥3 Stsndard 102 The Flnancial Reportlng Standaré arollcable in the UK Republic of Irelarnl. aThJ the Compons ALt 2006. The financial Statements have teen prepad uTrJer the hist¢cal cost conventknn. Income Al inc(me Is recognised in statennt of nancIal On the chaty has enOttern to the fd5. r( Is probable that the irKome wlll LE recelved ond the amowl can be rwsured reliab. Expendltur• abllf(ies a reccgni5ed as expenthre a5 SOC there ts a )1 or ttfistwthve obllgthn committing tt charlty to that expendItu, It Is wobable thal a transfer of ecornmk benefits 11 be reQred settrnent and the arTwnt of the £dIgaan can be measured liably. Expendf(ure Is accounted fcr on an accruals basls and 1%3s been dasgfied er headlngs that a99regate all cost relaled to ihe sitegory. whe co5 unnot be dlreth ttrlbuted to patticubr headlngs they have been allocated to octfvitles on a baI5 consLstent V411h the use cl rexjurces. T•nolble flxed ugets Deweclatk)n L5 PTowdJ at the followSng annual rates kn crfder to wrtt off each at over ts estlmateii IKe. Taxatlon The tharity Is exempt frryn corporatlm tsx on ts charltat4e aLWlIe% Fund •ccounting Unrestrlcted funds ran be ed In accordaKe the thèritable obthves at the d&cretksn of trustees. Restrthd fuTrJs can On be used for wtrcular restricted purposes withln the objects of the charlty. Rethctkffis arfse when specified (kncr or hyhen are raised for paCular rethted purpo Further eXF4anation Oft nJtwe and puw of eath fuTrJ is Inded In the to the Ilnandal ateThnts. gJPPORT Cosrs Goveman Finan Totsls 0taLle athvStks 392 4,080 4,472
SONORO NOTES TO THE FINANCIAL STATEMEP4TS- contlnued FOR TME YEAR ENDED 31 MARCH 2024 SUPPORT COSTS- cixrtinued S)rt co, included in the above, re as follows.. Flnance 2024 Charttse athwties 2023 Totsl Bank charges 392 2024 Charitable adlvibe5 2023 Total a£bltieS 3,3) 3,261 656 er pr¢IOnal thar9es 3,917 IEr INCOMEI(EXPENDfTIIRE) Net Kol/(eXpeJ1tUre1I5 5tatsd after charglngl(credltlro1'. 2024 2023 Dewedallon- owrd assets cnputer sonmare Jrnortts)t 636 385 28 TRusfEES' REMUNERATION AND WIEFITS There yre no trusiees, renvJroratkfi or cther bendlts for the year 31 March 2024 nor the year ended 31 Morch 2023. There were trustees, tApen5es pald f¢r the year ended 31 March 2024 ncf for tre year end& 31 MaTch 2023. COMPARATIVES FQR ThE STATEMEKf OF FINANClALAcnvmES Unrestrfcted lund Re5tr1cted fuTrJs Total fiJnd5 INCOME AND ENDOWMEP4TS FROM Grants and donatlcns 20,082 11,791 31,873 Charftable Jctlv5tley Charliable acuvlts 6,929 S,794 16,723 Trtal 27,011 21,585 48,596 EXPENDrruRE ON ChafitsblB activtties alIbIe actNlties 23.248 33.495 56,743 INCOMEI(EXPEMDrnIRE) 3,763 {11,9101 (8,147)
SONORO NOTES TO THE FINANCIAL STATEMEiffs- contlnued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR ThE srATEMEr OF FINANCIAL AcrniETIES. contlnuod Unre51ricted Restrtcted fuThJ funds Totsl funds RECONCIUATION OF FUNDS Total funds brought forvlard 491 13.598 14,089 TOTAL FUNDSCARRIED FORWARD 4,254 5,942 Computer software COST At l 4rt12023 aTrJ 31 Marth 2024 2,635 AMORTISATION At I P&)ri12023 Charge for year 2,606 29 At 31 March 2024 2,635 NEf BOOK VUE At 31 March 2024 At 31 Matth 2023 29 TANGIBLE FIXED ASSErs Plant and mathlnery COST At l Aprfl 2023 Addltlons 3,221 974 At 31 March 2024 4,195 DEPRECIATION At l 2023 Charge fc year 2,589 636 At 31 March 2024 3,225 NEf BOOK VALUE At 31 March 2024 970 Ai 31 Marth 2023 632
SONORO NOTES TO THE FINANCIAL sfATEMEpifs- contlnued FOR THE YEAR ENDED 31 MARQI 2024 DEBTORS: AMOUP4TS FALUNG DUE THIN ONE YEAR 2024 2023 Othr deLtrs Prepayments 431 640 1,088 1,071 1,088 CREDITORS: AMOUNT5 FALLJNG DIIE wrrHIN ONE YEAR 2024 2023 Trade creditors ACcThd expense5 3,308 3,300 1,874 6,020 6,6DB 7,894 io. MOVEMEMf IN FUNDS movement In fuNIs At 3113124 At 114123 Unr•strlctod funds General fund 4,254 13.2271 1,027 Regtrlcted fundB Merton G5vlng Ch)ral Insplralkjns 29 2,858 1,659 1,199 1,688 1,199 2,887 TOTAL FUNDS 5,942 (2,028) 3,914 Net movunent In funds Ind In the atThe are as loll Incoming re)UrceS Resources expended Movement in fjjnds Unre>trlrted funds General fund 64,153 I67,3) 13,2271 Regtrlcted fundA C)raI Insplrayons 6331 (5,132) 1,199 TOTAL FUNDS 70.484 172,5121 {2,028) .iO-
SONORO NOTES TO THE FINANCIAL SfATEMEf5- continued FOR THE YEAR ENDED 31 MARC1 2014 I& MOVEMENf IN FUS- contlnued COmparIT for movemert In funds Net movement in funds At 114122 3113123 Unrestrfcted fundy General fund 491 3,763 4,254 RestsILt funds Merton Giving Ctsjral In*radons 6,665 6,933 16,6361 15,2741 29 1,659 13,598 111,9101 1.688 TOTAL FUNDS 14,089 18,1471 5,942 COMparaVe net rnovernert In funds, Iuded in the are as fdlxs.. Incomlng reur Resources Movement eypended In funds UnrqrtrfLted fund8 Gertral fund 27,011 (23,248) 3.763 R•strfcted fund• Merton GI Clbjral InsplraJons 750 20W35 (7,386) 126,1091 16,6361 15,2741 21,585 133,495) 111,9101 TOTAL FUNDS 48,596 156,7431 18,147) ii. RELATED PARTY DISCLOSURES Ttte We no related paty trar¢b)r6 lor the year ended 31 March 2024. -li-