## **Trustees’ Annual Report for the period**
## **From 1/3/2023 Period start date To 28/02/2024 Period end date**
## **Charity name: All Frequencies Sound Collective**
**Charity registration number: 1202066**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**FOR THE PUBLIC BENEFIT, TO**
**PRESERVE AND PROTECT THE GOOD**
**MENTAL HEALTH OF THOSE**
**EXPERIENCING OR AT RISK OF**
**EXPERIENCING POOR MENTAL HEALTH,**
**BY MEANS OF THE PROVISION OF FREE**
**MUSIC LESSONS**|
|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|**No activities carried out this year**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Confirmed**|
## **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 **No activities carried out this year** Summary of the main Para 1.20 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.
**Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|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|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**N/a**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**|
|Amount of reserves held|Para 1.22|**N/A**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|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||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**N/A**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**N/A**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**unicorporated**|
|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|**n/A**|
**Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|All Frequencies Sound Collective|
|---|---|
|Other name the charity uses||
|Registered charity number|1202066|
|Charity’s principal address|9 TURNBERRY WAY
NEWCASTLE UPON TYNE
NE3 5BJ|
|||
## **Names of the charity trustees who manage the charity**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Ed Warrington||||
||John Warrington||||
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– 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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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 Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** John Warrington **Full name(s)** John Warrington **Position (eg Secretary, Chair, etc) Date** 31/01/2025
Charity Registration No. 1202066
All Frequencies Sound Collective Unaudited Financial Statements For the period ending 28[th] February 2024
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Legal and administrative information**
**Trustees**
Edward Warrington David Newberry John Warrington
**Charity number** 1202066 **Registered office** 9 Turnberry Way Newcastle Upon Tyne NE3 5BJ
2
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Contents**
Trustees report - 4
Statement of financial activities - 5
Balance sheet - 6
Notes to the financial statements - 8
3
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Trustees report**
## **Trustees**
Edward Warrington David Newberry John Warrington
The trustees’ report was approved by the Board of Trustees:
Signed:
Trustee: Date:
4
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Statement of financial activities**
## **Income and expenditure account**
|**Notes**
**Income from:**
Donations
Charitable activities
2
**Total Income**
**Expenditure on:**
Charitable activities
3
**Total resources**
**expended**
Net income for
year/ Net
movement in funds
Fund balances at
start of year
**Fund balances at**
**end of year**|**Restricted**
**Funds**
**2024**
**£**
-
-|**Unrestricted**
**Total**
**Funds**
**2024**
**2024**
**£**
**£**
-
-
4
4|
|---|---|---|
||-|4
4|
||-|600
600|
||-|600
600|
||-
-|(596)
(596)
-
-|
||-|(596)
(596)|
The statement of financial activities includes activities all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
5
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Balance Sheet**
**----- Start of picture text -----**
2024
Notes £ £
Fixed assets
Tangible fixed assets 5 3,125
Current assets
Debtors -
Stock -
Cash at bank and in hand 404
Creditors: amounts falling due within one year 6 (4,125)
Net current assets (3,721)
Total assets less current liabilities (596)
Creditors: amounts falling due after more than -
one year
Net assets (596)
Income funds
Unrestricted funds -
Restricted funds (596)
-
**----- End of picture text -----**
6
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Balance Sheet (continued)**
The charitable company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
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 company’s regime.
The financial statements were approved by the Trustees on .........................
.............................
**Trustee:**
## **Charity Registration No. 1202066**
7
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Notes to the financial statements**
## **1 Accounting policies**
## **Company information**
All Frequencies Sound Collective is a Charity Incorporated Organisation incorporated in England and Wales. The registered office is 9 Turnberry Way, Newcastle Upon Tyne, NE3 5BJ.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's 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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
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 £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **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 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.
8
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Notes to the financial statements (continued)**
## **1.4 Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
## **1.5 Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and Machinery 20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.
## **1.7 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.
## **1.8 Financial intruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
9
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Notes to the financial statements (continued)**
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**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.
## **1.9 Taxation**
The charity is exempt from corporation tax on its charitable activities.
10
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Notes to the financial statements (continued)**
## **2 Charitable activities: Income**
|Interest|**Restricted**
**Unrestricted**
**Total**
**Funds**
**Funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
-
4
4|
|---|---|
||-
4
4|
## **Notes to the financial statements (continued)**
## **3 Charitable activities: Expenses**
|Accountancy
**Analysis by funds**
Unrestricted funds
Restricted funds|**Charitable**
**Activities**
**£**
600|
|---|---|
||600|
||-
600|
||600|
## **4 Employees**
Average number of employees: 2024: 0
11
**All Frequencies Sound Collective** For the period ending 28[th] February 2024
## **Notes to the financial statements (continued)**
## **5 Tangible Assets**
|**Cost**
At 1 March 2023
Additions
At 28 February 2024
**Depreciation**
At 1 March 2023
Charged during year
At 28 February 2024
**Carrying amount**
At 28 February 2024
At 1 March 2023|**Plant &**
**Machinery**
**£**
-
3,125
3,125
-
-
-
3,125
-|**Total**
**£**
-
3,125|
|---|---|---|
|||3,125|
|||-
-|
|||-|
|||3,125|
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## **6 Creditors: amounts falling due within 1 year**
|**Amounts due within 1 year**
Loans from trustees|**2024**
**£**
4,125|
|---|---|
||4,125|
12