Trustees’ Annual Report for the period
From 1/8/22 Period start date To 31/7/23 Period end date
Charity name: Croydon Symphony Orchestra
Charity registration number:
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Society is established to provide a symphony orchestra of amateur musicians to promote the advancement and improvement of the general public taste in instrumental 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 |
To engage in the promotion and presentation of musical concerts of educational value and to encourage the study and practice of music by means of grants and prizes. |
| 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 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 The orchestra has performed a series of successful concerts this season, delivering on its charitable objectives. 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 | Gross Income £29,057.98 Gross Expenditure £29,487.88 Net Loss £429.90 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The main financial risk to the orchestra is rising costs of extra players and concert hall hire. The reserves are held to mitigate these risks and to cope with any unforeseen circumstances. |
| Amount of reserves held | Para 1.22 | Reserves £ 28,046.76 |
| 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: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated association |
| 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 | Election |
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 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Croydon Symphony Orchestra |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 236965 |
| Charity’s principal address | 26 College Street, Petersfield, GU31 4AD |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Paul Rowlands | Chair | |||
| Phil Myers | ||||
| Chris Pontin | ||||
| HilaryMartin | ||||
| Linda Penn | ||||
| Sharon Blackman | ||||
| Alma Burcombe | ||||
– 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 N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this 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 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) Full name(s) Position (eg Secretary, Chair, etc) Date |
Paul | Rowlands |
|---|---|---|
| PAUL | ROWLANDS | |
| Chair | ||
| 27/8/24 | ||
| 27/8/24 |
| Concert Account | ||
|---|---|---|
| Nov | Feb | |
| Income | ||
| Ticket Sales | 2,675.00 | 2,925.00 |
| Programme Sales & Advertising | 00.00 | 00.00 |
| Sponsorship/ Donations | 00.00 | 00.00 |
| Total Income | 2,675.00 | 2,925.00 |
| Expenditure | ||
| Concert Venue Hire Charge | 1,150.00 | 1,080.00 |
| Paypal/ Box offfice Commission | 29.45 | 34.38 |
| Soloist Fees | 500.00 | 500.00 |
| Professional Performers' Fees | 2,619.00 | 2,250.00 |
| Concert Music Hire/PRS Fees | 90.00 | 00.00 |
| Concert Instrument Hire | 235.00 | 00.00 |
| Concert Advertising & Printing | 318.94 | 154.12 |
| Miscellaneous Concert Expenses | 100.00 | 70.26 |
| Total Expenditure | 5,042.39 | 4,088.76 |
| Surplus/deficit | (2,367.39) | (1,163.76) |
| Soloist C | June | Total |
|---|---|---|
| 1,152.00 | 3,155.00 | 9,907.00 |
| 00.00 | 00.00 | 00.00 |
| 1,500.00 | 7,000.00 | 7,000.00 |
| 2,652.00 | 10,155.00 | 18,407.00 |
| 1,000.00 | 3,120.00 | 6,350.00 |
| 17.81 | 567.90 | 649.54 |
| 00.00 | 850.00 | 1,850.00 |
| 1,240.00 | 3,146.00 | 9,255.00 |
| 50.00 | 191.44 | 331.44 |
| 120.00 | 454.00 | 809.00 |
| 228.32 | 428.62 | 1,130.00 |
| 206.16 | 00.00 | 376.42 |
| 2,862.29 | 8,757.96 | 20,751.40 |
| (210.29) | 1,397.04 | (2,344.40) |
GENERAL ACCOUNT
Income
2022/23
Members' Subscriptions £5,772.50 H R Taylor sponsorship £2,000.00 Donations £192.00 Interest Received £303.37 Miscellaneous Income £363.11 Surplus/Deficit from Con. A/c -£2,344.40 Surplus from 200 club acc £590.00 Deficit from comp. account -£570.00 Total Income £6,306.58
Expenditure
| Conductor's Fees | £3,465.00 |
|---|---|
| Leader's fees | £1,068.50 |
| Rehearsal Rooms | £1,386.00 |
| Bad Debts/ Write Off | £0.00 |
| Music Hire | £0.00 |
| Insurance | £425.00 |
| Advertising/printing Costs | £34.79 |
| Soiree paid concert expenses | £0.00 |
| Miscellaneous | £368.08 |
| Accounts Inspection fees | -£120.00 |
| Bank charges/Pay Pal | £109.11 |
| Total Expenditure | £6,736.48 |
SurpluslDeficit -£429.90
2021/22
£7,715.75 £1,500.00 £3,010.00 £21.54 £62.70 -£3,039.42 £0.00 £0.00 £9,270.57
£3,465.00 £596.50 £1,120.00 -£45.00 £0.00 £425.00 £23.98 £0.00 £3,171.44 £240.00 £115.50
£9,112.42
£158.15
CROYDON SYMPHONY ORCHESTRA
Balance Sheet as at 31st July 2023
| Assets & Liabilities | 2022/2023 |
|---|---|
| 3.5% War Loan Stock at cost | £200.00 |
| Instruments & Stands | £0.00 |
| Fixed Assets & Investments | |
| Debtors & Prepayments | £1,071.66 |
| Bank Deposit Account Balances | £26,902.03 |
| Bank General Current Account | £3,384.89 |
| Current Assets | £31,358.58 |
| Current Liabilities | -£3,511.82 |
| Net Current Assets | |
| Net Assets. | |
| Financed By: | |
| General Funds | |
| Balance at Start of Period | £12,258.73 |
| Proft/loss for the period | -£429.90 |
| Balance at end of period |
| Competition Award Fund | |
|---|---|
| Balance at start of Period | £3,049.18 |
| Competton costs | -£1,410.00 |
| Entry fees | £840.00 |
| Transfer from Gen acc | £570.00 |
| Music Stands & Library | |
| Balance at start | £2,872.31 |
Bank Int received
| 200 Club | |
|---|---|
| Balance at start | £10,296.44 |
| Unit Sales | £1,180.00 |
| Prizes paid out | -£590.00 |
| Transfer to General Acc | -£590.00 |
2021/2022
£200.00 £0.00 £200.00 £200.00 £0.00 £31,206.63 £1,852.53 £33,059.16 -£4,782.50 £27,846.76 £28,276.66 £28,046.76 £28,476.66 £12,100.58 £158.15 £11,828.83 £12,258.73 £3,049.18 £0.00 £0.00 £3,049.18 £3,049.18 £2,872.31
£2,872.31 £2,872.31
£10,296.44 £0.00 £0.00
£10,296.44 £10,296.44 £28,046.76 £28,476.66
Date Details
B/f
30-Sep-22 NOS hall d 15-Oct-22MA Educa 19-Jan-23National O 19-Jan-23National O 21-Feb-23 Paypal rec 7-Apr-23National O 31-Jul-23 Accrual re 31-Jul-23 Transfer d
| Interest | Entrance |
|---|---|
| Received | Fees |
| deposit payment | |
| ation invoice | |
| Opera Studio balance invoice | |
| Opera Studio additional hour invoice | |
| ceipts re competion | £840.00 |
| Opera Studio additional hour invoice cancelled | |
| e Judges expenses re competition Feb Mar 2023 | |
| deficit to gen acc |
Sponsor Competition Award Inter acc Income Costs Prize Transfer
-£324.00 -£300.00 -£486.00 -£180.00 £180.00 -£300.00 £570.00
CHOYIM)N 8YMPHc>Ny ()RC'.HF_%TRA FINANC'IAI. iT AT.m.1y'1"S VOR THF. F.NT)ED.11 JI I.Y 201.1 31 July 2023. The Lharit) s trustees are resw)nsible lor the preTMrnkn of the accow The clwi'ty's tri¢¢5 ¢on>id¢r that an audii iy noi required f()r this year under Sefflion 144 of the Chwili Ath 2011 (the C'harities Acl) and that an Indedent ¢x3minwn li It 18 our resFKbnsibility to.. ex•mine the xcounts under s10n 143 of ihe chltieS Acr. follow laid down in the i)irc¢iions wven by the Chvity C1 ' (uth Seciion 14.5{5Mb> i)f the Clwilies Act): and te whether Prticular mallers ba%% ciTh io ow attention Our examina(ion was Larried oul in accordance with (he genernl Di¢03 given by the Charitv C'omniission. An examinlltion incIkS a r¢view ot. th¢ iawxmiin8 T¢C(Nds kMX b chan'ty and a comparison of the presented with those r¢th. li also incl conyd¢krntiOD of an). unusual items or di*losure5 in the financial rettm rKJl provide all the evidence that w'ould be required in an audiL aNI conWUentl rm) opi is given whether the accounts preseni and fair view and the reiffi is limi dM)8e matters oul in the stalement below. l. whith us rcasoMbl¢ cause w believe that in fjny r¢8• th¢ roq to preF COUnt5 which accord with th I¢tt8 rncorth cowly with titi8 require1 ot the Chan"iies Act have noi been met: or I& THE BROADWAY I. & F ACCOUNllNc: LTD.