Charity registration number.. 1204778 THE GESUALDO SIX TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
The Gesualdo Six Contents Page Trustees. Report Independent Examinerfs Report Statement of Financial Activities Comparative Statement of Financial Activities Statement of Financial Position 10 Notes to the Financial Statements The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities 15
The Gesualdo Six Trustees, Report For The Year Ended 31 August 2025 The trustees present their report and the financial statements for the year ended 31 August 2025. Objectives and Activities Aims and Objectives The charity was established for the public benefit, to promote and advance education of the public in the art, science, and history of the musical arts in particular bul not exclusively by the presentation of concerts and recordings, commissioning new works, providing education projects for people of all ages. Strategies for achieving objectivos The charity achieves its objectives principally by performing concerts, making recordings, delivering educational workshops and programmes for students, amateurs and emerging professionals, and commissioning new works. The activity of the charity is primarily UK focused, bul The Gesualdo Six have a worldwide audience. The Trustees are committed to the performance and recording of new music and champion the work of Ljpcoming composers, performing it all over the UK and abroad, often bringing it lo new audiences for the first time. The Trustees are committed to supporting the professional development of both The Gesualdo Six, and other emerging ensembles. Slgnlficant Actlvltles Cathedral Slnging Days In January 2025, The Gesualdo Six visited Lichfield Cathedral lo lead their first Cathedral Singing Day. Developed in partnership with the Cathedral's Music Department, this initiative builds on the ensemble's established educational work and was designed to support young singers aged 13-19 in developing confi'dence, musical skills, and a sense of belonging within the wider choral community. Participants worked closely with members of the ensemble through a series of warm-ups, small-group workshops, and rehearsal sessions, focusing on vocal technique, expression, and ensemble musicianship. Repertoire was selected to complement the acoustic and heritage of the venue, and the day concluded with an informal performance for friends and family. Feedback from participants and staff was highly positive. Richard Shakeshaft, Singing Programme Manager, commented.. The impact on the young people of working with G6 has been unmistakable. Students described the days as'an amazing, inclusive experience working with amazing musicians.. Staff and visitors commented on the confiden, focus and enthusiasm they saw throughout the sessions. Following the success of this initial event, a Second Cathedral Singing Day was scheduled for September 2025. The Charity intends lo expand this initiative beyond Lichfield Cathedral, with a broader national reach. Reflecting this ambition, the project has been renamed Choral Singing Days to enable delivery in a wider range of venues. The Charity anticipates that the appointment of an Education & Learning Coordinator will support the development of this programme, with the aim of delivering up to four workshops annually. Educational & Singing Workshops Throughout the year, The Gesualdo Six delivered a range of eduealional workshops with choirs and community ensembles across the UK. These included.. ..CONTINUED Page I
The Gesualdo Six Trustees. Report lcontinuedl For The Year Ended 31 August 2025 Significant Activities continued A workshop with local singers in Silverdale (Lancashirel as part of Silverdale Renaissance. The ensemble worked with 47 individuals, and repertoire included music by Tomas Luis de Victoria, Vwlliam Cornysh, Odando Gibbons, & Thomas Tallis A workshop with established choir, the St Mary's Singers in Truro Icornwalll in March 2025. In March 2025, a session with The Portsmouth Grammar School Chamber Choir working on their current repertoire, followed by a session with the Gap Year Choral Scholars at Portsmouth Cathedral. An afternoon of workshops followed by a ¢on¢ert with Cranmore School as part of their Cranmore Live Initiative in May 2025. Also in May 2025, a joint rehearsal and evensong with the choirs at St John's College Cambridge. In July 2025, an afternoon workshop at the Helena Romanes School as part of Thaxted Festival. The School choirs at the school were a very new initiative, and G6 worked with their larger choir13040 students) and the selective Chamber choir. These activities reflect the Charity's eommitment to engaging singers al different stages of musical development, from school ensembles to established amateur choirs. Commlsslons The charity supported the commissioning of a new work for The Gesualdo Six's programme Faire is the Rose with viol consort, Chelys. This project explores the works of Orlando Gibbons. The newly commissioned work was "Nothing Gold Can Slay, by Irish composer Aine Mallon. This composition was premiered on 14 July 2025 at Cheltenham Music Festival, performed by The Gesualdo Six and Chelys. The programme also featured music by Gibbons and Owain Park. The charity supported a second commission for The Gesualdo Six's collaborative programme with cellist Josephine Knight, this time from composer Rebecca Farthing, tilled The Horse enters Troy. This is lo be premiered al Sl Martin-in- the-Fields on 20 November 2025. Charity Launch Event The Charity held its official launch event on 16 October 2024 al St Peter's Church, Ealon Square. Allendees included Trustees, current and former supporters, and representatives from across the music and charitable sectors. Trustees were also encouraged lo invite prospective donors. The event featured a performance by The Gesualdo Six alongside speeches from the Director and Trustees. It provided an important plafform to communicate the Charity's mission and future plans, and has helped to inform the development of its fundraising strategy, which will be a key focus for 2025-2026 and beyond. Public Benefit The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit. Financial Review Financial Position The charity's state of affairs is as sel on page S. The charity showed a net increase in funds of £2,917. The funds held will be used to continue the charity into the future. ..CONTINUED Page 2
The Gesualdo Six Trustees. Report lcontinuedl For The Year Ended 31 August 2025 Financial Position continued Bank Accounts As noted in the previous annual report, al a Trustee meeting held on 5 July 2024, il was agreed that dual authorisalion would be required for all transactions involving the Charity's bank accounts, in order to strengthen financial controls. To support this, the Trustees approved the opening of a new account with CAF Bank, which was successfully estsblished in September 2024. An initial lest transfer belween accounts was carried out by the Trustees and administrative team to confirm operational processes. Following this, the majority of funds held in the Charity's account with Metro Bank were transferred lo the CAF account. These transfèrs bebNeen the Metro Bank and CAF accounts have been indicated on the Accounts Summary and represent internal movements and do not affect net income. The CAF account now opeffttes as the Charity's primary bank aceounl, with the Metro Bank account retained as a secondary and contingency account. Restrlcted Funds Renalssance Muslc Weekend Restricted funds carried forward from the 2023-2024 financial year relate lo the Renaissance Music Weekend. Income for this project was received in 2023-2024 through participant fees, with the associated expenditure incurred in 2024-2025. Expenditure relating lo these restricted funds is detailed in the financial statements and includes venue hire costs and workshop fees payable lo The Gesualdo Six. Emerging Ensembles One donation was reiVed in the financial year 2024- 2025, Specifical for the purposes of the Emerging Ensembles Scheme. Friends Concert One donation was received in the financial year 2024-2025, specifically to support the Friends Concert scheduled for September 2025. Structure, Governance and Management Governing Document The chairty is controlled by its governing document. Constitution The charity is registered as a CIO, governed by ils constitution. The charity received ils charitable status on 19 September 2023. The charity is constituted under its memomndum and articles and is a registered charity, number 1204778. Page 3
The Gesualdo Six Trustees. Report lcontinuedl For The Year Ended 31 August 2025 Trustee Selection Methods Methods of appointment or election of Trustees In selecting individuals for appointment as charity trustees, the charity Iruslees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The charity Iruslees musl also consult with the Executive Board before offering any candidate a Irusleeship. The Trustees of The Gesualdo Six Charity met regularly throughout the 2024-2025 financial year. These meetings included strategic planning sessions with the Director and members of The Gesualdo Six, focusing on shaping the Charity's long-term vision and ensuring alignment beeell Ils artistic and charitable objectives. These discussions have been constructive and have established a strong foundation for future development. Organisational structure and deeisionwmaking policies The Trustees meet periodically la minimum of once a quarterl lo discuss the matters affecting the charity and to review the financial position of the charity. In addition, the Trustees liaise with the Executive Board (comprising the Director of The Gesualdo Six and the Adminislratorl about any specific points that they may be interested in. No decision shall be taken at a meeting unless a quorum is present. Trustees During the financial year, John Willan resigned as Chair of the Board of Trustees. The remaining Trustees wish to record their sincere thanks for his valuable contribution lo the Charity. Following his resignation, Alice Penney assumed the role of Acting Chair. A recruitment process for a new Chair was initiated in summer 2025, with interviews held in early July. This process did not result in an appointment, bul the search remained ongoing, and Greg Walson was appointed as Chair in November 2025. In April 2024, following the resignation of Gilly Summers, the Board undertook a formal recruitment process lo fill the vacancy. A skills audit was conducted lo assess the Board's composition and identify areas for development. The role was publicly advertised, resulting in the appointment of Joel Newsome-Hubbard in September 2024 and Elizabeth Holsgrove in November 2024. Education & Learning Co-ordinator In May 2025, the Director proposed the creation of a part-time Education & Learning co-ordinator role lo support the development and delivery of the Charity's educational programmes. The position was designed as a on&day-per-week role, focusing on key initiatives Including the Emerging Ensembles Scheme, Renaissance Music Weekend, Choral Singing Days, and a range of ad hoc educational workshops and projects. Following a suwessful recruitment process in July 2025, Talia Lieberman was apF)ointed to the role and is due to start in September 2025. In addition, a Content & Engagement co-ordinator role was created, with Phoebe Halpern appointed to the position. While this role is not financially supported by the Charity, ils activities are expected lo contribute positively to the Charity's engagement and outreach, and are therefore noted here for completeness. Reference and Admlnlstratlve Detalls Trustees Mr T Price- Trustee (resigned 19102120261 Mr G S Watson - Trustee lappoinled 26111120251 Miss E E Holsgrove- Trustee lappoinled 21111120241 Mr J R Newsome-Hubbard - Trustee lappoinled 09109120241 Mr R Heason - Trustee Miss A Penney- Trustee Page 4
The Gesualdo Six Trustees. Report lcontinuedl For The Year Ended 31 August 2025 Mr J Willan Trustee (resigned 21109120241 Charity Number 1204778 Principal Address Flat 1, 80 Colney Hatch Lane London N101EA Independent Examiner David Halchard BA FCA Nigel Wilson & Co Accountants 4th Floor 100 Fenchurch Street London EC3M 5JD Page 5
The Gesualdo Six Trustees. Report lcontinuedl For The Year Ended 31 August 2025 The trustees, report was approved by the board of Iruslees and signed on its behalf by.. Mr R Heason Trustee 23rd June 2026 Page 6
The Gesualdo Six Independent Examiner's Report to the Trustees of The Gesualdo Six For The Year Ended 31 August 2025 I report to the trustees on my examination of the accounts of The Gesualdo Six Ilhe Trust) for the year ended 31 August 2025. Responsibilities and Basis of Report As the charity trustees of the charity you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 1"Ihe Act"). I report in respe¢l of my examination of the charity's accounts carried out under section 145 of the 2011 A¢1 and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl 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 giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out In the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view. which is not a matter considered as part of an independent examination. I have no GOnrnS and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. David Halchard BA FCA Nigel Wilson & Co 23rd June 2026 4th Floor 100 Fenchurch Street London EC3M 5JD Page 7
The Gesualdo Six Statement of Financial Activities For The Year Ended 31 August 2025 2025 2024 Unrestricted Restricted funds funds Total funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitsble activities.. Workshop Investments Other 10,836 1,500 12,336 13,910 16,045 19 75 16,045 19 75 6,512 26,975 1,500 28,475 20,422 EXPENDITURE ON: Charitsble activities. Charitable activities Administration costs 18,8031 111,7551 15,000 } 113,8031 111,7551 16,1701 120,5581 15,0001 125,5581 16,1701 NET INCOME 6,417 13,5001 2,917 14,252 NET MOVEMENT IN FUNDS 6,417 13,5001 2,917 14,252 RECONCILIATION OF FUNDS: Totsl funds brought forward 7,240 7,012 14,252 TOTAL FUNDS CARRIED FORWARD 11 13,657 3,512 17,169 14,252 The notes on pages 1110 14 form part of these financial statements. Page 8
The Gesualdo Six Comparative Statement of Financial Activities For The Year Ended 31 August 2025 2024 Unrestricted Restricted funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitsble activities.. Workshop 11,410 2,500 13,910 1,000 5,512 6,512 12,410 8,012 20,422 EXPENDITURE ON: Charitable activities.. Charitable activities 15,1701 11,0001 16,1701 NET INCOME 7,240 7,012 14,252 NET MOVEMENT IN FUNDS 7,240 7,012 14,252 RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 11 7,240 7,012 14,252 The notes on pages 1110 14 form part of these financial statements. Page 9
The Gesualdo Six ststement of Financial Position As At 31 August 2025 2025 2024 Unrestricted Restricted funds funds Total funds Total funds Notes CURRENT ASSETS Cash at bank and in hand 14,557 3,512 18,069 14,252 14,557 3,512 18,069 14,252 Creditors: Amounts Falling Due Within One Year 10 19001 1900) NET CURRENT ASSETS ILIABILITIES} 13,657 3,512 17,169 14,252 TOTAL ASSETS LESS CURRENT LIABILITIES 13,657 3,512 17,169 14,252 NET ASSETS 13,657 3,512 17,169 14,252 FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds 3,512 13,657 7,012 7,240 TOTAL FUNDS 11 17,169 14,252 On behalf of the board Mr R Heason Trustee 23rd June 2026 The notes on pages 11 10 14 form part of these financial stslements. Page 10
The Gesualdo Six Notes to the Financial Statements For The Year Ended 31 August 2025 1. General Information The Gesualdo Six is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1204778 . The principal address is Flat 1, 80 Colney Hatch Lane, London, N10 1 EA. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordan with the Charities SORP IFRS 1021 "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 IFRS 1021 leffeclive 1 January 20191" Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The eharity is a Public Benefit Entity as defined by FRS 102. 2.2. Fund Aeeounting Unreslricled funds can be used in accordance with the charitable objectives at the discreb'on of the trustees. Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose. Restricted funds are to be used for specific purposes as laid down by the donor. 2.3. Incomlng Resources All incoming resources are included in the statement of financial activities when entitlement has passed lo the charity, it is probable that the economic benefi'ts associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income.. 2.4. Cash and Cash Equlvalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held al call with banks, other short-term highly liquid investments that mature in no more than three months from the dale of acquisition and are readily convertible lo a known amount of cash with insignificant risk of change in value, and bank overdrafts. 3. Income from Donations and Legacies 2025 Total funds Unrestricted Restricted funds funds Donations and gifts 10,836 1,500 12,336 Page 11
The Gesualdo Six Notes to the Financial Statements Icontinuedl For The Year Ended 31 August 2025 2024 Total funds Unrestricted Restricted funds funds Donations and gifts 11,410 2,500 13,910 4. Investment Income 2025 2024 Unrestricted Unrestricted funds funds Bank interest re1vable 19 5. Other Income 2025 2024 Unrestricted funds Unrestricted funds Other income 75 6. Analysis of Expenditure 2025 Activities Support undertaken costs directly (see note 71 Total Charitsble activities Adminislralion costs 13,803 10,800 13,803 11,755 955 24,603 955 25,558 2024 Activities undertakgn directly Charitable activities 6,170 Page 12
The Gesualdo Six Notes to the Financial Statements Icontinuedl For The Year Ended 31 August 2025 Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which il relates. Costs of generating funds comprise the costs associated with attracting voluntary income from fundraising events. Charitable expenditure comprises those costs incurred by the charity In the delivery of ils activities and services for its beneficiaries. It Includes both costs that can be allocated direcdy to such activities and those costs of an indirect nature necessary to support them. Indirect costs are allocated on a usage basis. Governance costs compromise of those costs associated with meeting the constitutional and statutory requirements of the charity. Al costs are allocated between the expenditure categories of the SOFA on a basis designed lo reflect the use of the resource. Costs relating to a particular activity are allocated directly. 7. Support Costs 2025 Administration costs General administration 955 8. Indopendgnt Examingrfs Remuneration 2025 2024 Independent examination of the financial statements 600 9. Average Number of Employees Average number of employees during the year was.. NIL12024.' NIL) 10. Creditors: Amounts Falling Due Within One Year 2025 2024 Accruals and deferred income 900 Page 13
The Gesualdo Six Notes to the Financial Statements Icontinuedl For The Year Ended 31 August 2025 11. Movement in Funds Asat1 September 2024 Asat31 August 2025 Income Expenditure Unrestricted funds General.. General unrestricted fund Restricted funds General Restricted 7,240 26,975 120,5581 13,657 7,012 1,500 15,0001 3,512 Totsl funds 14,252 28,475 125,5581 17,169 Asat1 September 2023 Asat31 August 2024 Income Expenditure Unrestricted funds General.. General unrestricted fund Restricted funds General Restricted 12,410 {5,1701 7,240 8,012 11,0001 7,012 Total funds 20,422 16,1701 14,252 12. Transactlons wlth Trustees None of the Iruslees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. 13. Related Party Disclosures There have been no related paty transactions in the reporting period that require disclosure. Page 14
The Gesualdo Six Detailed Statement of Financial Activities For The Year Ended 31 August 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gits 12,336 13,910 12,336 13,910 Charitable Activities: Workshop Income from charitable activities 16,045 6,512 16,045 6,512 Investments Bank interest receivable 19 19 Other Other income 75 75 28,475 20,422 EXPENDITURE ON: Charitable Activities: Charitable activities Workshop consumables Commissions payable {11,5031 12,3001 15,1701 11,0001 113,8031 16,1701 Administration costs Support and administration costs Independent examinerfs fees Accountancy fees Bank charges (10,8001 16001 13001 1551 111,7551 125,5581 16,1701 14.252 NET INCOME 2,917 Page 15