2022-08-31-accounts

Objectiv	e	s and	Activiti	es
				SORP reference
Summary	ofthe purposes of			Para 1.17	THE ADVANCEMENT OF THE
the charity as set out governing document			in its		ART AND THE APPRECIATION OF MUSIC MAKING AND
					OTHER ASSOCIATED ARTS
					FOR THE PUBLIC BENEFIT, IN
					PARTICULAR BYBRINGING
					MUSIC AND ARTS TO
					AUDIENCES BYARRANGING
					PUBLIC PERFORMANCES,
					AUDIENCE PARTICIPATION,
					TALKS AND OTHERWISE.
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the				Para 1.17and fite	Echor Music provides concerts the highest artistic standard to the Chilterns in unusual rural	of
activities, projects or services identified in accounts.			the		locations, encompassing a wide range ofgenres and styles from
					solo to orchestral, classical to
					jazz and folk . Echor's unique
					approach to presentation and
					atmosphere, heightened by its
					social focus, inspires their
					audience and attracts many
					newcomers to experience live
					music for the first time.
Statement		confirming		Para fi18	The Trustees have complied with their duty	in
whether the trustees			have		section 17(5) of the Charities Act 2011 to have
had regard		to the guidance			regard to public benefit guidance published by the
issued by	the Charity				Charity Commission.
Commission		on public
benefit

You may c	ho	ose to	include fu	rther statements	where
				SORP reference
					N/A
				Para 1.38
Policy on	grant making
					NIA
				Para 1.38
Policy on	social investment
including	program		related
investment
				Para 1.38
Contribution		made	by
volunteers
Other

							In its first 10months ofoperation, Echor
							Music has firmly established itself in its
							locale not just as a collective ofmusicians
Summary ofthe main achievements ofthe charity,						Para 120	ofthe highest calibre, but as an invaluable cultural and social asset to the communities
identifying		the difference			the		we engage with. Over 50 individuals
charity's	work		has made.to				became subscribing "Friends", creating	in
the circumstances				of its			itself a community group which has brought
beneficiaries			and	any wider			together people of different backgrounds
benefits to		society as a					and means. In 6 events we played to over
whole.							500 people, consistently offering free tickets
							to children 18and under, and affordable
							tickets to those unable to pay full price.
							Amongst those hearing our performances
							are many who are experiencing live
							classical music for the first time, most
							returning for subsequent events.
							In the wake ofthe Covid pandemic, we
							have provided comfort and support to many
							who have experienced loss and loneliness
							and have very little opportunity to travel	to
							experience live music or the arts.
							Along with classical music, which is
							presented in an informative and
							approachable way, we have engaged and
							collaborated with local jazz and folk
							musicians, offering a uniquely personal
							experience for our community.
Additional		information			(optional)
You may choose to include further statements							where relevant about:
							All our events contain a substantial
							educational element, contextualising music
Achievements			against			Para 1.41	and art for our community. We achieved
objectives		set					promoting a regular and varied concert series, which has brought the art form to
							the attention of many for the first time, and
							educated all in many aspects ofthe
							appreciation ofmusic and associated arts.
Performance			of fundraising
activities	against objectives					Para 1 41
set
							NIA
Investment		performance				Para 1.41
against objectives
Other

Financial Review	Financial Review
Review ofthe charity's			Para	1.21	income to the charity totalled K23,682 in
financial position at the end ofthe period					the period, the first in the charity's existence. Expenditure totalled 819,379. There was an unrestricted surplus
					carried forward from the period of84,303
Statement explaining	the		Para	1.22	Trustees will aim to build modest spare
policy for holding reserves					reserves in order both to protect the
stating why they are	held				charity against unexpected costs and
					also to pursue its ambitious artistic
					programming in the future.
Amount of reserves	held		Para	1.22	At the period end (the first period of
					account for the charity) there was K4,303
					carried over in unrestricted reserve.
Reasons for holding	zero		Para	1 22	NIA
reserves
Details offund materially		in	Para	1 24	NIA
deficit
Explanation ofany			Para	1.23	The charity will continue to operate at an
uncertainties about the					ambitious level, but one which is
charity continuing as a going					financially sustainable.
concern

You may ch	o	ose	to	include fur	ther statement	s where relevant	about:	about:
						The charity's	principal sources of funds
						were from box office receipts, fees		for
The charity's principal sources of.funds (including					Para 1.47	performance philanthropy.	and from private
any fundraising)
						NIA
Investment		policy and
objectives	including			any	Para 1.46
social investment			policy
adopted
						The principal	risk facing the charity is
						the ability to	fund projects through	a
Adescription		ofthe		principal	Para 1.46	combination	mainly ofbox office income
risks facing		the charity				and private philanthropy.
Other

Description ofcharity's
trusts:
Type of governing document Ifui: l riri!5' n)i'. !Ic!;:!Pc!'i
How is the charity	Para	1.25	cio
constituted?
(I:!I!!na I&',!!I9!!i.'!'r! ua,;Pl'.I:. ',Ilr;I! '!I!ll
Trustee selection methods	Para	1 25	By invitation	and interview
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

You may	cho	ose to include furt	her statement	s where relevant about:	s where relevant about:
				Formal policy under review
Policies adopted	and procedures for the induction		Para 1.51
and training		oftrustees
				The charity is governed	by the trustees,
				who meet periodically	as required.
The charity's		organisational
structure	and any wider		Para 1.51
network	with	which the
charity works
Relationship		with any related	para1.51
parties
Other

Charity name	Charity name	Echor Music
Other name	the charity uses
Registered	charity number	1196352

Charity's	principal	address	452 Waterside
			Chesham
			Buckinghamshire
			HP5 1QE

	Trustee name	Office (ifany)	Dates acted ifnot for whole year	Name of person (or body) entitled to appoint trustee
	Paulette	Chair
	Sholto Kynoch
	Charles Tait	Treasurer
. 4
10
12
14
15
16
17
18
19
20

Trustee nam• Dat•s aetod If not for whol• y•ar

						0
						8		Restricted
						Gl 02	Unrestricted	income	Endowment	Total	this	Total last
						ui	funds	funds	funds	year		year
							E	E		E
Fixed assets							F01	F02	F03	F04		F05
Intangible	assets				(Note 15)	B01	3,875			3,875
Tangible assets					(Note 14)	B02
Her'itage assets					(Note 16)	B03
Investments					(Note 17)	B04
				Total fixed assets		B05	3,875			3,875
Current assets
Stocks					(Note 18)	606
Debtors		'			(Note 19)	807	1,957			1,957
Investments				(Note 17.4)		B08
Cash at bank and			in	hand (Note 24)		B09	321				321
			Total		current assets	B10	2,278			2,278
Creditors:	amounts			falling due within
one year		(Note 20)				B11	1,850			1,850
Net current				assetsl(liabili ties)		612	428				428
Total assets		less current liabilities				B13	4,
Creditors:	amounts			falling due after
one year			(Note		20)	B14
Provisions	for liabilities					615
Total net assets		or liabilities				B16	4,303			4,303
Funds ofthe		Charity
Endowment	funds		(Note		27)	B17
Restricted	income		funds		(Note 27)	B18
Unrestricted funds						B19	4,303			4,303
Revaluation	reserve					B20
					Total funds	B21	4,303			4,303
Signed by one or iwo			trustees on behalf of all									Date of
the trustees							Signature		Print	Name		approval
						N	SC7~		N SCharles Tait			dd/mm/ 28/06/2023

Note 2				Accounting policies
2.2 INCOME
This standard		//s/ ofaccounting po//c/es has been applied by /he char//y except for those licked "No" or nNla1			Where a
different or	additional		policy	has been adop/ed then this is detailed in the box below.
Recognition		ofincome		These are included in the Statement ofFinancial Activities (SoFA) when:
				~ the chanty becomes entitled to the resources,
				it is more likely than not that the trustees will receive the resources; and			Yes	No	N/a
				~ the monetary value can be measured with sufficient rekability.
				There has been no offsetting ofassets and liabilities, or income and expenses, unless		required	Yes	No	N/a
Offsetting				or permitted by the FRS 102SORP or FRS102.
							Yes	No	N/a
				Grants and donations are only included in the SoFAwhen the general income
Grants and	donations			recognition criteria are met (5.10to 5.12FRS102SORP).
				In the case ofperformance related grants, income must only be recognised to the	extent		Yes	No	N/a
				that the charity has provided the specified goods or services as entitlement to the	grant
				only occurs when the performance related conditions are met (5.16FRS 102SORP).
Legacies				Legacies are included in the SOFA when receipt is probable, that is, when there has
				been grant ofprobate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control ofthe charity or have been met.			i%I		.
Government		grants		The charity has received government grants in the reporting penod			CI
				Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims		on		donor. Any Gift Aid amount recovered on a donation is considered to be part ofthat gift			Yes	No	N/a
donations	and gifts			and is treated as an addition to the same fund as the initial donation unless the donor		or
				the terms ofthe appeal have specified otherwise.
Contractual performance		income and related		This is only included in the SoFA once the chanty has provided the related goods services or met the performance related conditions.	or
grants
Donated goods				Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
				The cost ofany stock ofgoods donated for distribution to beneficiaries is deemed	to be
				the fair value ofthose gifts at the time oftheir receipt and they are recognised on
				receipt. In the reporting period in which the stocks are distributed, they are recognised
				as an expense at the carrying amount ofthe stocks at distribution.
				Donated goods for resale are measured at fair value on initial recognition, which is the
				expected proceeds from sale less the expected costs ofsale, and recognised in 'Income from other trading actwities' with the corresponding stock recognised in the balance			Yes	No	N/a
				sheet. On its sale the value ofstock is charged against 'Income from other trading
				activities' and the proceeds from sale are also recognised as 'Income from other trading
				activities'.
							Yes	No	N/a
				Goods donated for on-going use by the charity are recognised as tangible fixed assets
				and included in the SoFAas incoming resources when receivable.
				Gifts in kind for use by the charity are included in the SoFA as income from donations
				when receivable.
Donated services and				Donated services and facilities are included in the SOFA when received at the value of
facilities				the gift to the charity provided the value ofthe gift can be measured rekably.
				Donated services and facilities that are consumed immediately are recognised as
				income with an equivalent amount recognised as an expense under the appropriate
				heading in the SOFA.
							Yes	No	N/a
Supportcosts				The charity has incurred expenditure on support costs.
				Th i o t n nl ntnt hol o i 8 i t i I Won i tho * t h t nn	ihon		Yes	No	N/a

Volunteer help	in the trustees' annual report. a
Income from interest,	This is included in the accounts when receipt is probable and the amount receivable		can
royalties and dividends	be measured reliably.
Income from membership	Membership subscriptions received in the nature ofa gift are recognised in Donations
subscriptions	and Legacies			r
	Membership subscnptions which gives a member the right to buy services or other			es	No	N/a
	benefits are recognised as income earned from the provision ofgoods and services	as
	income from charitable activities.
Settlement ofinsurance claims	Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SORP) and are included as an item of other income in the SoFA.			Yes	No	N/a
Investment gains and losses	This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end ofthe
	year
2.3 EXPENDITURE	AND LIABILITIES
Liability recognition	Liabilities are recognised where it is more likely than not that there is a legal or			Yes	No	N/a
	constructive obligation committing the charity to pay out resources and the amount	of
	the obligation can be measured with reasonable certainty.
				Yes	o	a
Governance and support costs	Support costs have been allocated between governance costs and other support Governance costs comprise all costs involving pubhc accountability ofthe charity and compliance with regulation and good practice.		its
	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.			Yes	No N/a ETI
Grants with performance conditions	Where the chanty gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe grant has provided the specified service or output.
Grants payable without performance conditions	Where there are no conditions attaching to the grant that enables the donor charity realistically avoid the commitment, a liability for the full funding obligation must be recognised.	to
				Yes	No	N/a
Redundancy cost	The charity made no redundancy payments during the reporting period.
Deferred income	No material item ofdeferred income has been included in the accounts.			D
Creditors	The charity has creditors which are measured at settlement amounts less any trade discounts
	A liability is measured on recognition at its historical cost and then subsequently			Yes	No	N/a
Provisions for liabilities	measured at the best estimate ofthe amount required to settle the obligation at the
	reporting date
Basic financial instruments	The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7FRS102SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,FRS102SORP.			Yes	No	N/a
2.4ASSETS
Tangible fixed assets for	These are capitahsed ifthey can be used for more than one year, and cost at least
use by charity				Yes	No	N/a
	They are valued at cost.
	The depreciation rates and methods used are disclosed in note 92.
Intangible fixed assets	The charity has intangible fixed assets, that is, non-monetary assets that do not have
	physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5				EZI
	They are valued at cost.
Heritage assets	The charity has heritage assets, that is, non-monetary assets with historic, artistic, rr ro r I I I I o I ss rx t s			Yes	No	N/a

															Restricted
														Unrestricted	income	Endowment
														funds	funds	funds	Total funds	Prior year
							Anal			sis							E	8
Donations			Donations			and	ifts							11,306	800		12,106
and legacies:			Gift Aid											3,074			3,074
			Le acies
			General	grants provided						by government/other
			charities
			Membership			subscriptions				and sponsorships
			which are		in substance				donations
			Donated		oods,		facilities			and	services
			Other
													Total	14,380	800		15,180
Charitable
activities:
			Boxoffice		income									6 152			6 152
			Fee income											2,350			2,350
			Other
													Total	8,502			8502
Other trading
activities:
			Other
													Total
Income from			Interest	income
investments:			Dividend	income
			Rental and			leasin		income
			Other
													Total
Separate
material	item
ofincome:
													Total
Other:			Conversion			ofendowment				funds		into	income
			Gain on	disposal			of	a tangible			fixed asset held
			for chari		's	own	use
			Gain on	disposal			of	a programme				related
			investment
			Royalties	from the exploitation							of	intellectual
			ro ert	ri		hts
			Other
													Total
TOTAL INCOME														22,882	800		23,682
Other information:
All income		in the prior year				wss unrestricted					except for:
(please provide			description			and amounts)
Where any		endowment fund				is converted				into	income		in the
reporting	period, please			give the			reason		for the conversion.

				~	~
Note 6			Analysis ofexpenditure
						This	year				Last	year
											Restricted
				Unrestricted		Restricted	Endowment			Unrestricted	income	Endowment
Analysis				funds		income funds	funds	Total funds		funds	funds	funds	Total funds
Expenditure on raisin		funds:						6					6
Incurred seeking donations					478				478
Incurred seeking legacies
Incurred seeking grants
Operating membership	schemes and
social lotteries
Staging fundraising events
Fudraising agents
Operating charity shops
Operating a trading company
undertaking non-charitable			trading
activit
Advertising, marketing,	direct			mail and
ublicit
Start up costs incurred	in	generating
new source offuture income
Database development	costs
Other trading activities
Investment management		costs:
Portfolio mana ament costs
Cost of obtaining investment				advice
Investment administration			costs
Intellectual property licencing				costs
Rent collection, property	repairs and
maintenance charges
Total expenditure on raising				funds	478				478
Expenditure on charitable			activities:
Musicians Fees					9897	800		10,697
Other professional fees					4,492			4	492
Hall hire					1 677			1,677
Marketing					1 117			1,117
Support and governance		costs			918				918
Total expenditure on charitable
activities				18,101		800		18,901
Separate material item	ofexpense
Total
Other
Total other expenditure
TOTAL EXPENDITURE				18,579		500		19,379
Other information:

							This	ear				Last	year
		Activity	or	programme	Activities undertaken directl	Grant funding of activities		Support Costs	Total this year	Activities undertaken d/rectl	Grant funding of activities		Support Costs	Total last year
Concert		ivin			17,983			918	18,901
Activit	2
Other
Total					1/ 983			918	18,901

			Research 8	Patents and	Other	Total
			development	trademarks
At beginning	ofthe year				3,875	3,875
Additions
Disposals
Revaluations
*
Transfers
At end ofthe	year				3,875	3,875
15.2Amortisation		and impairments
		**Basis	SL or RB	SLor RB	SL or RB	SLor RB	Straight	Line
							("SL")or
							Reducing
							Balance
							("RB")
		**Rate
At beginning	ofthe	year
Dispoeale
Amorlisation
impairment
Transfers*
At end ofyear
15.3 Net book value
Net book value at the beginning					3,875	3,875
ofthe year
Net book value at the end ofthe					3,875	3,875
year

15.5 Impairment
This year:
Please provide a description ofthe events and
circumstances that led to the recognition orreversal ofan
impairment loss.
Last year:
Please provide a description ofthe events and
circumstances that led to the recognition orreversal ofan
impairment loss.
15.5 Revaluation
Ifan accounting policy ofrevaluation is adopted, please provide:
		This year	Last year
the effective date ofthe revaluation
the name ofindependent valuer, ifapplicable
the methods applied
the carrying amount that would have been recognised
had the assets been carried under the cost model.
'15.7 Other disclosures
(i) Ifyour intangible asset was acquired by way ofgrant,
provide value on initial recognitlon and carrying amount
ofthe asset.
(ii) Details ofthe carrying amounts ofany intangible
assets to which the charity has restricted title or that are
pledged as security for liabilities.
(iii) Please provide the amount ofcontractual
commitments for the acquisition ofintangible assets.
(iv) State the amount ofresearch and development
expenditure recognised as expenditure in the year.
(v) Please detail the headings in the SOFA in which a
charge for amortisation ofintangible assets isincluded.
(vi) For any material intangible assets, please provide a	Intangible	asset is a
description, its carrying amount and any remaining	recording	made for
amortisation period.	marketing	purposes.

debtor	s orprepayments.	s orprepayments.
19.1	Analysis ofdebtors			This year	Last year
Trade	debtors
Prepayments		and accrued income		1,957.0
Other	debtors			1,957.0
			Total

19.2 Analysi	s ofdebtors recoverable in more than 1	year (included in debtors a	bove)
			This year	Last year
			E	F
Trade debtors
Prepayments	and accrued income
Other debtors
		Total

	Amounts	falling	due within	Amounts	falling due after	falling due after
		one year		more	than one year
	This year		Last year	This year		Last year
				B
		850
	1,000
Total

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