HAFREN YOUTH STRINGS
CHAIRPERSON’S ANNUAL REPORT
MARCH 14th 2024 - December 31st 2024
It is my pleasure to present the Chairperson’s report for Hafren Youth Strings for the year ended December 31st 2024. Our mission remains to provide prac�cal support for young string players in Powys and the surrounding area. This year has been one of both progress and resilience as we con�nue to serve
Over the past year we have met regularly, once a week during term �me, con�nuing to rehearse and steadily improving playing abili�es in an ensemble. The students not only improve their technical abili�es but form and develop new friendships with their peers.
The partnership with the Na�onal Plan for Music in Wales and Powys County Council has con�nued to grow. This not only helps us to secure a school place for us to rehearse but also contributes to suppor�ng us financially.
The Gregynog Young Musician Compe��on invited us to perform at their pres�gious Summer Concert at Gregynog Hall in June 2024 and this was followed by a financial dona�on.
A special bond was developed with the Welsh Na�onal Opera orchestra who visited Newtown in the Summer of 2024 and there was an opportunity for our students to a�end their rehearsal, mix with the players and listen to the evening concert. This friendship has developed and we con�nue to meet and gain experience from these professional players.
overall improvement in student wellbeing and for giving families access to this specialised service.
The board of trustees have met frequently throughout the year to oversee strategy and to ensure compliance with the Chari�es Commission Guidance. We have reviewed and updated our safeguarding policy and strengthened our
expenditure of £2393.62 We are grateful to all our donors, funders and supporters whose generosity sustains our work. Our reserves ensure con�nued stability and the ability to plan for the future.
and supporters. Your commitment makes our mission possible.
As we look forward to 2025 we will be focusing on expanding our group and to all it has to offer along with strengthening our fundraising capacity. We remain commi�ed to transparency and compassion in all we do.
It has been a huge honour to serve as Chairperson of Hafren Youth Strings. I am proud of all that we have achieved together and remain excited about what lies ahead.
Catherine Margaret Andrews
Chairperson Hafren Youth Strings
October 7[th] 2025.
Hafren Youth Strings
Statement of Receipts and Payments
14th March 2024 to 31st December 2024
2024
Unrestricted Funds
Note
| Receipts Reclaimed Expenses Donation Charity Activities Grant Total Receipts Payments Tuition Snacks Misc. Total Payments Net receipts / (payments) Reconciliation of funds Total funds brought forward Total funds carried forward |
- £ 2,050.00 £ 135.81 £ - £ 2,185.81 £ 2,100.00 £ 193.62 £ 100.00 £ 2,393.62 £ 207.81 -£ 822.00 £ 614.19 £ |
|---|---|
Hafren Youth Strings
Statement of Assets and Liabilities
14th March 2024 to 31st December 2024
As the accounts are prepared on a cash basis and thus no formal Balance Sheet or Statement of financial Position. A statement of assets and liabilities is outlined giving an indication of the charity's assets instead at the year end.
| Current assets Cash / Bank Petty Cash Total current assets Liabilities Total current assets less liabilities The funds of the charity: Unrestricted income funds Restricted income funds Total charity funds Note: As the accounts are prepared on a cash basis, we do not have an accounts receivable (Asset), this is normally where Gift Aid to be claimed would be. Gift Aid to be Claimed (see donation register) |
2025 478.38 £ 135.81 £ 614.19 £ - £ 614.19 £ 614.19 £ 614.19 £ - £ 614.19 £ 462.50 £ |
|---|---|
Hafren Youth Strings
Notes to the Financial Statements
14th March 2024 to 31st December 2024
Basis Preparation
The financial statements have been prepared on a cash basis when receipts and payments take place through the bank account or petty cash.
Fund Accounting
At present al funds are unrestricted.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the doner or the term of specific appeal.
Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources and the money has been paid.
Resources Expended
Expenditure is recognised on a cash basis when payments have been made through the bank account or by petty cash.
Taxation
The charity is exempt from tax on its charitable activities
Analysis of Receipts
| Donations Gwendoline and Margaret Davies Charity Grant Reclaimed Expenses Charity Activities Christmas Concert & Theatre Hafren Concert Total Receipts Payments on Activities Tuition Snacks Misc. |
2,050.00 £ - £ - £ 2,050.00 £ 135.81 £ 135.81 £ 2,185.81 £ 2,100.00 £ 193.62 £ 100.00 £ 2,393.62 £ |
|---|---|
Hafren Youth Strings
Donation /Activities Register
14th March 2024 to 31st December 2024
Date Description 08 April 2024 CATHERINE ANDREWS HAFREN YOUTH ST 25 April 2024 LEWIS D R R LEWIS 05 June 2024 Mr Ted MaidmentPERSONAL DETAILS 05 August 2024 GRAVES SM&CM G CQ DONATION
Notes
| Type | £ | Gift Aid | Gift | Aid to be claimed | |
|---|---|---|---|---|---|
| FPI | £ | 350.00 |
Y | £ | 87.50 |
| FPI | £ | 200.00 |
Y | £ | 50.00 |
| DEP | £ | 300.00 |
Y | £ | 75.00 |
| FPI | £ | 1,000.00 |
Y | £ | 250.00 |
£ 1,850.00 £ 462.50