Trustees’ Annual Report for the period
From 1st September 2024 To 31st August 2025
Charity name: London City Orchestra
Charity registration number: 1197207
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the Society shall be to advance, improve, develop and maintain public education in, and appreciation of, the art and science of music in all its aspects by any means the trustees see fit, including through the presentation of public concerts and recitals. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
During this period, London City Orchestra has put on six public concerts showcasing a range of music, including one concert for children and one community concert with a children’s chorus. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | - The orchestra provides an opportunity for nearly 100 musicians to benefit from making music together, and has put on 6 public concerts, reaching over 1600 members of the public. - The orchestra put on a free concert for children and their families, with a range of music. The concert was advertised in schools in disadvantaged areas, and offered children the opportunity to conduct an orchestra, meet musicians and have a go playing different instruments. 425 people attended this concert. - For each term, the charity has continued to sponsor musicians who would not otherwise have been able to afford to play in the orchestra, including a sponsored double bass role. - Our concerts have broadened the scope of music available to the public, including music by female composers which have been only rarely performed. |
The orchestra has commissioned and premiered two works by young composers, one of whom is female. One piece was commissioned for our childrens’ concert, as an educational piece, giving children a musical tour through the instruments of the orchestra. - The orchestra has raised £400 to purchase musical instruments for schools in deprived areas.
Additional information (optional) You may choose to include further statements where relevant about:
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Achievements against
objectives set Para 1.41
Performance of fundraising
activities against objectives
set Para 1.41
Investment performance
against objectives Para 1.41
Other
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Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | LCO had a mostly healthy financial year 24-25, with a slight downward trend. The year ended c.£5,000 lower than the start of the year, with LCO’s reserves at £10,470. The committee discussed this financial performance at the AGM in early 2026 and identified areas of high expenditure including ambitious concerts with multiple guest musicians, rising costs of venues for rehearsals and concerts, and paying fair rates to conductors. The committee also discussed ways to boost and safeguard LCO’s reserves, including focusing on less cost-intensive concerts, limiting recording, and encouraging greater concert attendance. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | LCO ring-fences £5,000 of its bank account, and activates urgent money- saving measures when this is breached. |
| Amount of reserves held | Para 1.22 | £5,000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | 0 |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
Member Subscriptions Concert Ticket Sales Donations Concert refreshments and merchandise sales |
|---|---|---|
| Investment policy and objectives including any social investment policy |
None |
adopted Para 1.46 Increased operating costs Cost-of-living crisis preventing members and audience from attending A description of the principal risks facing the charity Para 1.46 None Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Making Music model constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated association |
| Trustee selection methods 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 |
Para 1.25 | Trustees are elected by members at general meetings of the charity. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 |
Other
Reference and Administrative details
| Charity name | London City Orchestra |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1197207 |
| Charity’s principal address | B/M London City Orchestra PO BOX 12 LONDON WC1N 3XX |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Nam e of pers on (or body ) entitl ed to appo int trust ee (if any) |
|---|---|---|---|---|
| Thomas Fotheringham |
Chair | |||
| Zara Chiu Lea | ||||
| Philip Keller | ||||
| Pablo Urbina | ||||
| Nick Smith | ||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of adviser Name Address |
Type of adviser Name Address |
Type of adviser Name Address |
|
|---|---|---|---|
| Name of chief executive or names of senior staff members (Optional information) |
|||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
N/A
Declarations
The trustees declare that they have approved the trustees’ report above.
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Signed on behalf of the charity’s trustees
Signature(s) Thomas
Fotheringham
Full name(s) Thomas
Fotheringham
Position (eg Chair
Secretary, Chair,
etc)
Date
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Charity Name No (if any)
London City Orchestra 1197207
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01-Sep-24 31-Aug-25
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Concert Income 18,312 - - 18,312 -
Donation 16,371 - - 16,371 -
Member Subscriptions 11,940 - - 11,940 -
Merchanidise 794 - - 794 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
47,417 - - 47,417 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 47,417 - - 47,417 -
A3 Payments
Composer Commission 5,820 - - 5,820 -
Marketing 636 - - 636 -
Merchandise 910 - - 910 -
Miscellaneous 2,754 - - 2,754 -
Music Hire 2,851 - - 2,851 -
Musician and Conductor Costs 25,234 - - 25,234 -
Venue Hire & PRS 14,469 - - 14,469 -
- - - - -
- - - - -
Sub total [ 52,674 ] - - 52,674 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 52,674 - - 52,674 -
Net of receipts/(payments) - 5,257 - - - 5,257 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 15,727 - - 15,727 -
Cash funds this year end 10,470 - - 10,470 -
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CCXX R1 accounts (SS)
29/06/2026
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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 10,470 - - - - - 10,470 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval |
CCXX R2 accounts (SS)
29/06/2026
2
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of
Charity Name London City Orchestra 31 August 2025 1197207
On accounts for the year ended Charity no (if any)
Set out on pages
(remember to include the page numbers of additional sheets)
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2025 .
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.
26/06/26
Signed: Date: Name:
Louise Roberts
Relevant professional qualification(s) or body (if any):
n/a – gross income for Charity is below £250k
1 October 2018
IER
Address:
54 Marshall Road
Manchester
M19 2FQ
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Nothing to disclose. The accounts are kept in digital format, on a cash basis, and have sufficient detail for each record.
2
October 2018
IER