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2024-12-31-accounts

Registered Charity No: 1205668 RLYSH.O.T.T. - I (-ONCERTS Gray5hott Concert5 CIO Annual Report for the year ended 31 Detember 2Q24

Annual Report forthe year endlng 31 December Z024 Pages Le8al and Administtative Detalls Trustees. Report Independent Examinerts Report to the of GtOy5hott Con￿rtS Statement of Financial Attiviknes io Balance Sheet li Notes to the Finan￿81 Ststements 12

Grayshott Concerts ao Legal and Administratlve Details Regillered chariry no: 1205668 Grayshott Concerts (the Charty) was registered as a Charitable Incorporated Or8anisation with the Charity Commission on 10 November 2023. Correspondence oddress: Butterfield House Whedtley Lane Binsted Alton GU344PG Patron: Sir Karl Jenkins CBE Presldent: Anthony Ramsden Associate Artist: Howard Shelley OBE Orchestrd in Residence: London Mozart Players Choir in Residence: Excelsis Chamber Choir Director of Muslc: Robert Lewis Trustees: Jim Miles Ichair) Andy Crocker IArtiStic Director) Mike Shorthose (T￿asurer) Steve Georgii Isecretsryl Sally Shorthose (Marketin81 Amanda Brown MarkTurner All the curreni Trustees were appointed un(ler the Constitution of the CIO from the re8lStration date of the Charty110 November 20231 Bankers: Lloyds Bank 12 Hlgh Street Haslemere GU27 2JG Independent Eyamlner. Catherine 5ullirdn FCA 5 Marneys Close Epsom KT187HR

Grayshott Concerts 00 Trustoe< Report forthe endln8 31 D•¢omber 2024 Strurturei sO￿rnan￿ and management Grayshott Concerts CIO (the Charityl was registered with the Charity Commission on 10 November 2023and took over the assets and attivities of Gray5hott Concerts (registered number:11401461 wlth effect from l January 2024. pursuant to a TTrnsfer Agreement dated 14 December 2023. The Charity's governing document is its Conshtution, re8iStered with the Charity Commission on 10 November. The Trustees are elerted and. at a period detennined by the Constitution, re-elected annually at the AGM by the Members. Prospethve Trustees stand on the grounds that they a￿ committed to the aims and objectives of the Charity and have specific expertise to bring to the Charity to help it achieve its objecknves. Durin8 the course of the year. the membership level reached 180 members. As from 2 January 2019 the production of concerts ha5 been managed through Gra￿hOtt Concerts Producdon Llrn￿ed, è non-profft making company controlled by two of the Charltys trustees. A Declardtion of Trust document exists under which we operate Objectlves and Activftles The objectlves of Gray5hott Concerts CIO are: 111 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 recitsls. lill To further such charltable purp05e or purposes as the Trustees in their absolute discretion shall think flt. As unpaid, voluntary classiial music promoters, Gra￿hott Concert5 5ts8e belweyii four and 51x events each year at their local church and, oc(3sionally. other sutsble venues. The performances include symphonies. oratorios, other choral works and operdtic evenings. Performers include choirs. orchestras, soloists. condurtors, artors and composers. The Charity aims to educate and entertain audiences. many of whom are local people- however. the reputation of the organi5ation also brin85 audiences to Grayshott from a much wider catchment area. Grayshott Concerts presents world-closs perfomiances- on your doorstep for local people. enabling them to enjoy tOPFclass dassical music and other perfomi4nces Without the need to travel significant distances. Event5 sell out in advan￿. From time to time, the Trustees make donations to Ioc31 good causes and stage certain events specifically to raise funds for charitable cause5. The Charity ha5 a mailing list of over 1,4LIJ individua15 and families who receive regular free newsletters. Each year, Grayshott Con￿rtS aims to attract over 2(Kl Members {'Friends of Grayshott Concerts'l who pay annual subscriptsons as lonations to the Charity.

Grayshott Concerts ao Trustee< Report for the year endlng 31 December 2024 (contiThbed) Publlc Benefft In planning athitres for the year, the Trustees keep In mind the Charity Commission's guidance on public benefit. They are especially proud that every evènt Sin￿ the first in 2tDI has attr3ctÈd a mix of Members and the general public. A¢hlevements and Perforn)ance We have had four core Yalue5 since Grdyshott Concerrs was establlshed over twènty years ago. These are- l. To know our market- arKI be local￿ focussed 2. To know what our audiences want to hear- well known classics 3. To attract the finest performers- quality attracts audiences 4. To keep everyone informed- good marketing and ongoing contsrt with the people who support us. We send Friends informative monthty Newsietters. for instance. As our audiences have developed Confiden￿ in what we offer them, we now sometimes put more modern and challensin8 work before them, but not to the extent that this deters them from m21ntalnin8 oijr record of ovory Concert that we present havinE been sold out. 2024 Concert Progrnmme Ourconcert yearof four majorconcerts began on 9 February, when the London Mozart Players presented their 75th Anniversary Concert. This replicated the programme that Mozart himself had curated for a concert at the 8urgtheater In Vienna in 1783. It featured a selcthon of some of Mozart's most celebrated works- and, we can infer, his own favouritesl The concert opened with the stirring Haffner Symphony (movements 1-31. and the first half also included a rdnge of real Mozartian treats including Piano Con￿rt0 K415, a beautiful aria from Idomeneo - Se il padre perdei sung bv wonderful soprano Anna Prohaska, and the Concertante Andante GrdZiOSO & Rondeau. The setond hair included another tremendous piano concerto- K175 with the Rondeau finale K382, more arias and the grand finale fourth movement ofthe Haffner5ymphony. Dame Imogen Q)operand Martin James Bartlett IBBC Young Mu5iclan of the Yeai. Z0141 slidiEIJ the honour5 and LMP performed under the virtuoso baton of their Artistic Advisor Jonathan Bloxham. It's worth noting that this wa5 Grayshott Concerts. l(x>ih eventl This was a huge milestone and kkcked off our 20th anniversary celebrations in style. The second concert in the season was titled 'How3rd Shelley's Musical MastÈrpiece5' and was given in reco8nition of the outstanding contribution Howard has made to Grayshott Concerts over the years in his capacity as our Associate Arknst. tt took place on Friday, 17 May. and began wtth Mozart's Ma8ic Flute Overtu￿, a sparklbng gem that set the stage for a night of whrmsy and delight. Mozart'S ingenious composition is a musical journey through a fantastical world, brimming with lively melodles and mysterious undertones. Then Grie¥s iconic Piano Con￿rt0 swept the audience off its feet with the virtuosic Shelley tsking ￿ntre stage, b)th playing and conducting. Howard's Derformance of this fantastic concerto was a mmantic tour dp. fr)rr.p. fillin8 thp chiirch with GriÉg's rfjeh harmtsrbies and folk-inspir•d nielodles that fivoka the ru88ed beavty of Norvday. Those of certaln age may have had a wry smile. remembering André Previn and Eric Morecambe's rendition of

Grayshott Conorts ao Trustee< Report for the year ending 31 December 2024 (contlnuedl this work. Howard, of coursefft played all the right notes in the right order! The evenin8's grand finale was DvoTrk's evocative Symphony No. 8. This symphonic Masterpie￿ refierts the joy of life and the beauty of the naturdl world, and the composerfs use of Bohemian folk elements and vivHI orchestratlon5 left the audien￿ with a sense of elation and wonder. The next concert took place on Saturday. 28 September. This was an event celebrating the astonishing musical genius of our distinguished Patron, Sir Karl Jenkins. The London Mozart Players were joined by our Cholr in Re5idetkce. Exie15i5. The maln work was Jenkins. masterpiece. his Stsbat Mater, one of his own favourites among his works. condutted with great panache by our own Robert Lewis. It had first been performed by Excelsis in St Luke's 15 years earlier. We were delighted that the acclaimed Arabic singer Baidar Albasri performed the Ethnic Vocals in the work. hringine her uniquely authentic volce to thi5 hi8hly Idiomatic music. No fewer than nine other excerpts from Sir Karl's works made up the first half of the evenin& conducted by the composer himself. and featured the celebrated mezzo-soprano. Kathryn Rudge. who enchanted the audience with her rich and emotive voice. Her perfomiances are always a MastercIa￿ in conveying profound emotions through song. We were delighted also to be joined by Sir Karl's favourite interpreter of the violin solo elements of hls works, Joo Yeon. Her virtuosity knows no bounds, and her playin8 is celebrated for its passion. artistry, and its ability to corNey deep ernotton. The final concert of the year. on 7 NO￿rnber. VAS titled Wiola Virtuosity and we were able to en8age the leadin8 violist in the country. rim Ridout to perform for us. We presented an evening featuring Imo masterpieces and a musical revelation of its time. The concert began with the timeless elegance of Mozart's Sinfonio Concertonte, a work celebrated for its breathtsking interplay between the vlolln and viola soloists. LMP'S leader. ff uth Rogers, joined Ridout. who had played the work earlier in the year at a BBC Prom concert. What a show they put on! We next delved into the modern brilliance of Lera Auerbach's Sogno di Stabat Mater. This contemwrary work provided a mesrnerising exploratton of sound and emotion. pushing the boundarie5 of classical comFX)sition. Timothy Ridout'S virtuosity was absolutely extraordinary. The second half of the evening featured Beethoven'5 Symphony No. l. Thi5 is a triumphant display of the young Beethoven'5 mastery, heralding the beginning of his legendary symphonic journ￿. As well as the four main concerts in the Season. mention murt also be made of our annual Frlends. Evenin& a social as well as a musical event. This took place on 18 July and featured two of the greatest string quintets ever wrttten, Mozarfs no.4 in G minor la key of particular Significance for the composer), and Schuberfs great masterpiece String Quintet. Mozart use5 the conventional ¢ombination of two violins, two viola5 and a cello, but Schubert, Wishing for an eveii riLher tone, opted for two ￿lIos. with one replacin8 the second viola. Six Principa15 Of the London Mozart Player5 perfonned the works, displaying astonishing mastery of their instruments and a deep understanding of the soul at the heart of these two great works. Other actlvltles In addition to our core concert Series. Grayshott Concerts instigated a major new inibative of Out￿aCh work in the local community, targeting local schools and disadvantaged older people, primarily those in Care and Nursing Homes. In order to be able to undertake this. we applied for fundin8 from East Hampshire's Supporting Local Communities Fund for £IO,C1￿ per year for three years. We received a grant of 50% of our bid. but this was sufficient for us to be able to forge ahèad

Grdyshott Concerts CIO Trusted Reporr for the year eNlln£ 31 December 2024 (0)nilnued} with the initiative. The EHDC grant has to be matched by our own fundraising events and we are extremely grateful to those of our Friends who have al￿adY contrlbuted towards this obiechve. We are particularly grdteful to our Founders, Peter and VNien Harrison, for their generous donation of f 800 {plus Glftaldl to help us klck start our fundraisln8 athvitles. There Is srtii tlme for you to do thls to help with this much needed initiative, and we would be realty grateful to any Friends who felt able to do thls. Work began in the autumn of 2024 wlth a term of music workshops in Grdyshott Primary School run by the Hampshire Music se￿1￿ on our behalf. We must acknowledge the work being undertaken In association with us by the HMS, which has been exemplary. This element of OLtr outreach work will be extended into schools in Bordon in 2025. We feel that in 5upporknng musi(31 activities in schools we are laying the seeds for Ip4es which will benefft in the future from an app￿cIall0n of classical music, as weil as encoura8in8 the rjeveiopmeni of Ehe concen audiences of tomorrow. We also held the first of our events in Io(21 Care Homes in December at Ashley House Care Home in Bordon. A numberof furtherevents in 2025 have al￿adY been programmed. The Friends of Grayshott Concerts are the bedrock onto which we build our programmes, and the or8anisation simply could not exist without your support. We are also indebted to the generosity of our sponsors, helpers. donors and funding l)odies for what they do in enabling us to present World Closs performance5 on your doorstep. A parbcular mention and thank you to Applegarth Farm who, as OLrtstandinE spon50r5, have supported Grayshott Concerts ever since the first event in 2004 and who have provided pre-concert meals for our events- the perfect 5rart to a wonderful eveningl Flnan¢lal Revlew and Reserve5 Polley The Charity uses Its income for the promotion and sta&ns of world-cl(Jss performonces- on your doorstepl With the format6on of the CIO. the Trustees have tsken the opportunity to revlew the Charl￿S Reserves Policy. An analysis of the cash reqU1￿ments of the Charity over the last 3 years has been carried out with the result that at least £25,(MXI of the Reserye5 are needed to maintain our operational cashfiow. In addition, the Trustees have decided that it ￿ prudent to set aside a further £10,(￿ in the Genernl Funds to act as a contingency against any reduction in income eg resulting from a reductfon in ticket income and Friends donations. The Trustee5 have therefore decided to maintain the General Funds at a minimum of £35.(￿￿1. This leaves some headroom to place in Designated Funds a reserve for known futu￿ expendtture. Accordingly. the Trustees have decided to place £5,000 in Desi8nated Fund5 to o)ver out￿aCh attivities. The Trustees will wntinue to review the reseNes allocation on an annual basis.

Grayshott Concerts ao Tru5tee< Reporr for the year endln8 31 December 2024 (contlnued) Trustee< res￿￿1b111tleS 5taternent The Trustee5 are responsible for preparin8 this Annual Trustees, Report and Flnancial Ststements in accordan￿ with applicable law and United Ki￿d0M Accounting Stsndards Iunitèd Kingdom Generally Accepted Accounting Practice). In preparing these Financial Statements. the Trustees are required to: select suitsble accounting policies and then apply them conslstentty; observe the methods and principles in the Charltses SORP.. make judgements and estimates that are reasonable and prudent: state whether applicable accounting stsndards have been followed, subject to any material departures disclosed and explained in the financial statements: prepare the financial ststements on an ongoing concem ba515 un￿sS it is inapproprlate to presume that the Charity will continue in business. make judgements and ellimates that are reasonable and prudent. The Trustee5 are respoiisible for keeplng proper actountin8 records that disclose with reasonable accuracy at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity. and hence for tskin8 reasonable steps for the prevention and detethion of fraud and other irregulariti@s_ Thls report was approved by the Trnstees on 14 April 2025 and signed on thelr behalf by Cha

Grayshott Concerts ao Independent examinerfs report to the tn*ees of Grdyshott Con￿rts I report to the trustees on my examination of the accounts of Grayshott Concerts (the Charity) for the year ended 31 Deeember 2024. Responslbllftles and basls of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the ￿qUIrements of the Charities Act 20111.the ACVI. l ￿ port in respect of my examination of the Charitl5 accounts carried out under secknon 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charlty Commission under section 14515llb) of the Att. Independent examlnerfs statement I have completed my examination. I confirm that no materlal matters have come to my attention in connectlon with the eyamination grving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by sectTron 130 of the Act: or 2. the accounts do not accord wlth those record5.' or 3. the accounts do not comply with the applicable requiremeFrts Concerning the frjrm and content of accounts set out in the Chariknes (Accounts and Reports) Regulations 2008 other than any reqU1￿ment that the accounts give a 'true and fair vlew which is not a matter Considered ès part of an independent examination. I have no concerns and have come acr055 no other matters in connettion with the examinatlon to which attention should be drawn In this rewrt In order to enable a proper understanding of the accounts to be reached. Signed: Name: Addre55: Catherine Sullivan FCA 5 Marneys Ctose 18 7HR Date.. 17th April 2025

Gray51Tr0tt Concerts ao Year ended 31 December 2024 Statsmert of Financial ActivFtes Incomin8 resour05 Voluntary Income Income from Charitable Activities Other income Interest Total incoming re5011r¢es 29,491 27.751 2740 510 74 Resou￿e$ expended Cost of generatingfunds &394 6.412 Charitsble activities 92,210 I￿,334 Totsl rnsources expended 119,746 Net Incomin8/(outgoing) resou￿5fOrthe year (14￿) Balance broughtforward at ljanuary 2024 Balan¢e carrled foNrard at31st Decemb•r21)24 411(1) 43.513 The notes on pa8e5 12 to 14 forni part of these financial ststements Note that 2024 is the first ￿ar of operdtlon and hence there are no prioryearflgures. Balances brouRht forward result from transfer of assets and activities from l January 2024 by Grdyshott Concerts Iregistered number.11401461 according to a Transfer Agreement dated 14 December 2023. io

Grajshott Concerts ao BalanrA sheet as at 31 t￿ornher 2024 Totsl Totsl Notes Fixed Assets Tangible Assets Current Assets Debtors and prepayments Cash at bank and in hand 47,034 59.266 7,765 ,877 Current Uabllitles Creditors and accruals .36,C87 .4729 NetCurrentAssets 4LThJ NetAssets 41 ReseNe5 General Funds Designated Funds 19.415 Ic For the year ended 31 December 2024 the charty Is exempt from audit,. the members have not quired the company to obtsin an audit of its accounts for the year in question in accordance with $144 of the Charities Act 2011. I he directors acknowledge their responsibllitle5 Sn comptying with the requirements of the Act with respect to accounting record5 and the preparation of accounts. The accompanyin8 notes on pages 12 to 14 form an integral part of these financial statemerts. Approved by the Trustees on 14 April 2025 and signed on their behalf bv JIM Mi Chair li

Grayshott Con￿rts ao Notss to the Financial Statements for the ￿reThded 31 December 2024 l. Accountln8 poIici•s {al Basis of accounting The financial statements have been prepared in accordance with the Ststement of Recommondod Practitè 'AeeountinR bv Charitre4 ISORP 20051 and applicable UK Accounting Standard5 and the Chartties Att 2011. The particular accounting polTrcies adopted are described below. Ibl Incoming resources All incoming resources are reco8nised once the Charrty has entitlement to the ￿sOurCeS. itls certain that these resources will be recei4pd and the monetary value of the incoming resources can be measured with sufficient reliability. {c} Resour￿5 expended Liabilittes are recognised as resources expended as soon as there 15 a legal or constructfjve obligation committing the Charity to the expenditure. {d) Fixed assets Depreciation is provided at the following annual rate to write off each asset over its eshmated useful life: Staging - IO% on reducing baknce basis or suth other rate as the tmstees, consider approprlate. lel Fund accountin8 Unre5trlcred funds - These are funds free frorn any restrictFons and Trustees can declde what they are spent on. Unrestrirted funds are shown in two types as detailed below- General funds- represent the unrestricted net assets of the charity. excluding desi8nated funds. Designated funds- are funds whlch the Tntstees have specFfically designated the purpose for whith they (an be used. I Voluntsry incorne Donation income Grants 28.￿5 ExpendI￿re t¥rect Support Gover- nan Totsl Raising funds Charitable Attivities 472 5,189 5.661 218 2,392 610 84,629 333 91210 i￿).6(￿ 12

Grayshott Con￿rtS ao Notes to the Flnancial Statements fof the year ended 31 Deomber 2024 Icontlnuedl Fixed knets Stsglng Cost A5 at IstJanuary2024 Additions in year Totsl at 3tst December 3)24 DeP￿cIatIon As at tstjanuary 2024 Additions in year Total at 3tst De￿rnber2O24 6.075 255 Net book Value At tstjanuary 2024 At 3tst Deomber 2024 L618 5. Debt Due from Grayshott Con￿rtS Production Limited Accounts Receivable Prepayments VAT re￿1vable 44.1 134 2.793 47,034 & C￿dItO Accounts payable Accrued income Accruals VATpayable 22,CK 1,816 9,543 13

Grayshott Concerts ao Notes to the Financial Statements for the year ended 31 Dgcember 2024 Y. Funds 8alarKe at I Incoming Balance at 31 January Rasourres Expenditure Trdnsfe De(Ember General Funds Designated Funds 19,415 IOL913 IIOJ,fffil 17685 -17E85 gl(b) IOL913 (1(l).fi During the year ended 31 De￿rnber 2024 no restricted funds were held. 8. Grayshott Concerts PrnduLtkn Urnlted A5 from 2 January 2019 the costs of producing con￿rts a￿ lnilial￿ carried by a related company, Grayshott Concerts Produchon Limited IGCPLI, the share capitsl of which is held by two of the trustees of Grayshott Concerts (the charity). The company invoices the tharity with the cost of producing the concerts and GCPL 15 due to receive Corwration Tax credit of £28,(KX).50 by way of a claim for Orchestra Tax Relief that in t￿rn reduces the net cost to the charlty of produclng COn￿rts. The working capitsl requirements of GCPL are supported by a loan from Grayshott Con￿rts to GCPL, which was f44,108 as at 31 Decevnber 2024. 14