## **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: **----- Start of picture text -----**
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
**----- End of picture text -----**
## **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.** **----- Start of picture text -----**
Signed on behalf of the charity’s trustees
Signature(s) Thomas
Fotheringham
Full name(s) Thomas
Fotheringham
Position (eg Chair
Secretary, Chair,
etc)
Date
**----- End of picture text -----**
**----- Start of picture text -----**
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 -
**----- End of picture text -----**
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**