## **Trustees’ Annual Report for the period**
**From 1[st] October 2024 to 30[th] September 2025**
## **Charity name: Philomusica Aberystwyth**
## **Charity registration number: 1207720**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To educate the public in the art and science
of music in Aberystwyth and occasionally
elsewhere; and
To encourage and promote the study,
rehearsal and performance of orchestral
music.|
|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|The Charity puts on two orchestral concerts
a year in the Great Hall in Aberystwyth, and
also undertakes varying individual projects
from time to time.|
|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
guidance issued by the Charity
Commission on public benefit.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|The charity does not make grants.|
|Policy on social investment
including program related
investment|Para 1.38|The charity does not use social
investments.|
|Contribution made by
volunteers|Para 1.38|The charity does not have any 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 Charity provides the public with an
opportunity to attend live orchestral
performances in the West Wales area.
The Charity provides players of the
required standard with the opportunity to
participate in orchestral playing and
develop their musical skills.
Through its activities, the Charity extends
the musical knowledge and promotes the
wellbeing of audiences and players.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|The Charity’s objectives are as per its
charitable purposes (see above). See
directly above for the means by which the
Charity achieves these objectives.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|The Charity does not have any fundraising
objectives.|
|Investment performance
against objectives|Para 1.41|The Charity does not make investments.|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The Charity is in a sound financial position,
with a net surplus for the year of £2,198
and significant cash reserves (see below).|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Charity does not have a specific policy
for holding reserves. However, as at 20
September 2025, it had net assets of
£56,965, all of which is in cash in its bank
account or a National Savings Investment
Account. This significantly exceeds the
cashflow requirements of the Charity, and
could be used for the purposes of
unforeseen capital expenditure or liabilities.|
|Amount of reserves held|Para 1.22|See above.|
|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|None.|
## **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|The charity’s principal sources of funds are:
-
A grant from Aberystwyth University
(currently £3,000 per year)
-
Concert ticket income
-
Membership fees
-
Donations from the ‘Friends’ of
Philomusica|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The Charity does not have an investment
policy.|
|A description of the principal
risks facing the charity|Para 1.46|Aberystwyth University currently provides
the Charity with a grant of £3,000 per year,
together with very significant ‘in kind’
support such as the services of the
orchestra’s conductor, rehearsal facilities,
storage facilities and discounted use of the
Charity’s main performance venue. The
withdrawal of such support could lead to
the Charity’s activities becoming financially
unviable. The relationship between
Aberystwyth University and the Charity is
reviewed by the parties periodically. It is
due to be renewed again prior to the start of
the academic year 2027-28.|
Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|
Para 1.25|Constitution of a charitable incorporated
organisation.|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable incorporated organisation.|
|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|The Charity must have a minimum of 5
trustees. There is no maximum number of
trustees. All trustees must retire at each
AGM, but may stand for re-election by the
members. Any person may stand for
election as a member at an AGM. Trustees
may at any time appoint up to 3 additional
individuals to be trustees. Any trustees
appointed by this method are also subject
to the requirement to retire at the next
AGM.|
**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|None|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Charity’s organisational structures are
as per its constitution. The Charity works
closely with Aberystwyth University (see
above).|
|Relationship with any
related parties|Para 1.51|N/A|
|Other|||
## **Reference and Administrative details**
|Charity name|Philomusica Aberystwyth|
|---|---|
|Other name the charity uses|None|
|Registered charity number|1207720|
|Charity’s principal address|C/O The Music Centre
Aberystwyth Arts Centre
Aberystwyth University, Penglais Campus
Aberystwyth
Ceredigion
SY23 3DE|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Alison Greeley|Chair|3/4/24 – 19/11/25|N/A|
||Iwan ApDafydd|Secretary|3/4/24 – 19/11/25|N/A|
||Graham Brand|Librarian|3/4/24 – 19/11/25|N/A|
||Jane Blank|Friends secretary|3/4/24 – 19/11/25|N/A|
||Catherine Byers||3/4/24 – 19/11/25|N/A
N/A|
||Isobelle
McGuinness||3/4/24 – 19/11/25||
||Victoria Evans||3/4/24 – 19/11/25|N/A|
||Kim Kenobi||29/1/25 – 19/11/25|N/A|
||Rafael Verão||3/9/25 – 19/11/25|N/A|
||Emma Butler-Way||14/10/25 – 19/11/25|N/A|
– Corporate trustees names of the directors at the date the report was approved
**Director name** None
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year **||
|---|---|---|
|None. Title to all property is
held by the Charity directly.|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|None|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this|N/A|
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**|
|---|---|---|
|N/A|||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
|N/A|||
## **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.**
**Signed on behalf of the charity’s trustees**
|**Signature**
**Full name**
**Position (eg Secretary,**
**Chair, etc)**||
|---|---|
||Catherine Byers|
||
Charitable Trustee|
Date
4111125
## **PHILOMUSICA ABERYSTWYTH**
## **(REG. CHARITY No. 1207720)**
## **INCOME & EXPENDITURE ACCOUNT for Year Ended 30 September 2025**
|**INCOME**
Subscriptions
Donations: Friends
Interest
Grant - Aberystwyth University
Other
TOTAL INCOME
**EXPENDITURE**
Concerts: Net Loss
Insurance
Depreciation
Other Expenses
**TOTAL EXPENDITURE**
**NET SURPLUS**
**CONCERT ACCOUNTS**
**INCOME**
Ticket Sales (Net)
Programme Sales
**TOTAL INCOME**
**EXPENDITURE**
Soloists' Fees
Additional Players
Music
Hall Hire etc>
Other Costs
**TOTAL EXPENDITURE**
**NET LOSS**|**2024/25**
**£**
1531
650
259
3000
30
5470
1113
328
0
1831
3272
**£2,198**
**£**
3439
185
3624
1059
1326
770
1871
174
5200
-£1,576|**2023/24**
**£**
1150
595
0
3000
390
5135
1568
208
0
1418
3194
**£1,941**
**£**
3747
180
3927
0
839
614
1827
184
3464
£463|**£**
7186
320|
|---|---|---|---|
||||7551
1059
2165
1384
3698
358|
||||8664|
||||-£1,113|
## **PHILOMUSICA ABERYSTWYTH**
## **(REG. CHARITY NO. 1207720) BALANCE SHEET as at 30 September 2025**
|**FIXED ASSETS**
Instruments on Valuation
at Cost
Less: Depreciation
**NET FIXED ASSETS**
**NET CURRENT ASSETS**
Bank - Barclays Bank PLC & cash
National Savings Investment
**TOTAL**
**TOTAL ASSETS**
**FUNDED BY**
General Fund at the beginning of the year
Surplus/ Loss for the Year
Reserve Fund
**TOTAL FUNDS**|**2025**
**£**
10426
24180
34606
34606
52471
4494|**£**
0
56965
**£56,965**
26675
2198
28873
28092
**£56,965**|**2024**
**£**
10426
24180
34606
34606
50532
4235|£
0
54767|
|---|---|---|---|---|
|||||**£54,767**|
|||||24734
1941|
|||||26675
28092|
|||||**£54,767**|
These Accounts for the year ended 30 September 2025 have been prepared on a receipts and payments basis and comply with the requirements of the Charities Act
Signed,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Alison Greeley (Chair and Interim Treasurer)
Signed…………………………………….. Keith Lewis (Independent Reviewer)