Sinfonietta Productions Limited (Limited by Guarantee) London &nfonietta Report and Accounts Year to 30 September 2024 Conwany reglstration No: (10926551 Charty No: 255095 Sinfonietta Producllons Limited (a company Ilmlted by guarantee) Contents Page Rewl of Ihg Chaw of Tn￿eS ReF#xI of the CourKal of Tr￿Slee$ Strategk Rewt Sial8ment of AccounthvJ RepJ11ro Resprmsi￿l1ll8s 21 24 Statement of C&shlknw5 Slnfonletta Productlons Limited {a Company Ilmlled by guarants8) Reference and Admlnlstratlve Detalls Tru•lo Flona Thornp8on, Chdr Sud8ep Basu Androw Burko Tlmolhy Glll Annab•l Graham Paul Kathryn Kniqhl Arbèr Kocl (c￿Opted 1 0¢￿Mb￿r 20241 Charfotte M¢xgan {resigned 30 June 20241 St¥>h9n Rgld Paul Slfverlhome Justin Spoon8r Icfroptsd 24 March 20251 Fay Sweet Jomos Thoma8 Mark Van de Wlel Ico• 23 Aprll 20241 Ben W88ton Sgcr•t•ry Fran¢a8 Bryant {ro$lgn8d 9 Docember 2024) Ellzabelh Davles {appolnted 9 December 20241 Chhl Ex•cullv• & Artl•llc Dlroctor Ar#lrow Burke K•y Min•gomont P•rionn Andréw Burk•, France6 Bryant. Ellzaboth Davlgs, Natallo Galer (nég Mar¢hant> arKI Llty CaunL R•gl•ler￿ offl¢o Ind Theatro Tochnls admlnl•trntlv• addro•• 26 Cr¢)wndalo RoLd London NWI 1rr Audltor• MGR Woslon Kay LLP Chattsrgd Ac¢ountant8 and Statutory A￿jItOrS 55 Loudoun Road Sl John's Wood London NW8 ODL Banker• Uoyd$ TSB plc London Brklge Branch 69 Borough HEgh Str88t London SE11 NQ CCLA Inveslment Management Ltd COIF Charlty Funds Senator House 85 Qu•an Victorfa Street London EC4V 4ET R•glthred numbera Company r￿ 00926551 Clwlty no 255095 Slnfonletta Productlons Llmlled {• ¢ompany Ilmlled by guarantee) Report ol the Chair of Trustees For th8 ywr ended 30 Septwthr 2024 Our Rfport on the 12 months to 30 2024 c(ffilIn￿ Ihe SW ol an organlsatton that Is kn th8 pl￿eSS ol evofvlng and transfofmlrKJ ltseif, C1￿$(￿1dQ1lnq and taklng strw from its past successes. kx>king al ks current rAisIUon wlth w4matism aThl reallsm arwj yot lumlng a ￿1￿¥0 and creatfve face lo Thg Truslees. players and management conilnue to believe that the London Slnfoni?tta makos an Indlspensable contdlxthn to Iho cr•afv• muskal Ile of tho county and as a Nalonal Portlollo Ofganl$alion lunded by Arts CourKil England, d8Ws ACE'S l)Jtcirn aTrJ Invostm8nt Prlnclp16s through tts tthlles. artlglk Séas￿ $l)(rIK￿ wh1* Iwe8￿1￿j dassK 2￿ contiwy re•re {8uth a8 Llgetl IOQ In Oclob8r 2023 arrfl DKades In January 2024} others whlth tsGused on new woth often dgvelop8d collaborallvety wlth parthers from dll8r8nt ¢lsOln8s (wch as th8 w•mlor• ol NwarKlo Elki9's ngw piKe and Marfus N•80fs Geyser. both In Noveth 2023). Wo ¢onttnued to wtth h￿standI￿a pvfvr ￿nU0$ aThl womot•r8 Indudlng Southbonk Centre {for our rndn concert season) ar#J partwled In Ihelr SouThl ￿$hIft s￿nd¢OnC0rt sériès wlth tsvo ¢oncorf8 In earty Juty 2024. on6 expk)dng the musk ol M•xkan Julian Carfllo and Silvestre Revu8llas and the other perfomilng the nwstcol RLwlan ¢ony)w Gallna U$tv¢*kay& BulkllrtrJ on tho relum to over8eas toudng Sgen In thg wovths Ilnanclal year. Autumn 2024 lours to the Boljkn9 Internallonal F•8t6val Sn Chlna Ilor thro9 concerts) and lo NONAYS Baerum Jazz Fesdval. A8 usual. a trdgNlght of th& y•ar fty arrfl cixnmthty pYogramm• TMa8 thg annual Sound Lxrt n¢ort at Royal Fesdval Hdl (March 2024) IrKluded two new parudpatory commL8slon8. Tho offjanlsallon con￿nued to wbth St Ignallus Colly and c4xnmunllle8 In EnI￿ld, culmlnallng In a perfornarKe ol a new *e Enlle13t Pmtesl Soffjs at Decades ¢Cr￿art (January 20241 whkh composgr Lucy kn$trong (kvdop¢d In ¢thborallon wlth SO)￿nts from ts ¢011oge, as wdl as a ¢onc8rt ol mlnlmallst rep•rtolTe alwsklg c(￿reated woth tsvekyod with ¢cqnnvJnlty *fitch look ￿ac0 In Dugdale Arts Contre In May 2024. perf0m￿r8 and thè contlnuallon ol Ihe Fulure Progran￿8 l¢x garty carger mu810 crealoTS. The lourth edluon of the ￿h$m9 roxhed comF4ellon In Novembor 2023 wth thg performance ol Nwando Eblz19'8 new F4ece and Ihg lrflh ￿eratIon ol Wfillw lh• Fufvrewas laurKhed In 2023-24 wllh fourcompo8ors chosen to slart thdrloumey Iwrds wryk lo be wemlwed kn 202*25. Th8 Translonn (swrted ty I￿0)r￿d Arts Councu England. ACE) galned momentum durfrvJ the as the organlsatlon bjngd Its fcws to maximlsln9 the Irmma 8traams that currenffjy sU￿￿n St and loo￿ng In depth at the potenlw lor tA￿lnesS Model Innovation. A changè to tho $taff1oam In January 2024 as part of this PYLyeCt ￿10￿1 for rMr• Ilm8 arKI I(US develop¥w lourfrrfj partners for lulure years. Alihough tt will tske Ilmg lor corNersthffis and proiecls to come lo frulllon. th8re ar8 alroady luluro tours In lh8 ppelino and ccrnisslcTh arwj prc4Jrammgs are I￿easInglY b8lng developed wlth louring partners in mind Irom Ihe slarL It was algo a timo tw thg organkntlon lo come together to dlsow a rengwgd vtslon lor the fulwe. tyjldng a row slwed urthrslandng ol Ils poslllon and alms. Th950 cross￿{ganISaIk￿ comier8alSon8 both rol￿ 8Th1 revllalzed the ol travel ralher than ￿￿ocallrO a forf( In the road. arKI help us brfng Into belng w vlslon tor creatirvJ aThl pthnhvJ the mu* of today. Our ongoing success L8 only possibte due tothe gener￿lty of nuwous Trustsand FoundatKTh includlng long.temi and mafor lurKl8rs Cockayne-GTants Arts: a ¢knor advlsed fund h9kl ￿ The London Cornmunlty Fund. The Ernst von mu￿ F￿ndal￿)n. Garfield Weston Folndation. John Ellerman Foundatlon. Jerwood Arts. Karbson Jativa Charitth FLWJndatK￿ and a host of others. Ard cont6nue to be vory grateful to the many irKfr4Vj￿ d(￿Or$ *lw) Sinfonletta Productions Umlted (a Comp￿ Ilmlted by guarantee) We are pkased Ihat the YAS alAè kn ger*r*g a smal sur￿* of £1.653 on Ger￿1 Fund5, wilh Desvjnated and Resi￿ FurM18 also stra* xtsvity duriro a Ixw pwiod. The organisation holds fvm in its belief that ¢onlemFW MU￿ IMS the atdlty to create p)werful artsb expernrKes. connect to the ¢0￿m$ ol to(Ws society arkl eng8ge audierw tnathtaking pwr0mw￿$. We wil continue to offer a￿ller￿9$ the OFp￿ty to expwlencé the thrill ol muslcal txeati￿ty in all its many fOrTh￿ ar6 grn16￿1 k*lh8 kyAty andcurfo* of al who come wllh us this jry. As ever. are grateful lo Ihe many players. arllsts aThJ nxwcreators have Wlo iyi such (llvwse music lwoi￿ts to auitheK8s and parhwnts ￿ling th& perMJ(L Flona Thomps Chwr of the Tr￿tee5 I 2015 Sinfonletta Productlons Limited (a company Ilmlted by guarantee) Report ol the Councll of Truslees For the year ended 30 September 2024 The Tr￿le¢S are F4ea58d to PTesonl ￿1r annud report together wblh th8 Ilnanclal 8talem8nts ol tho Charlty for tho yoar ended 30 Septemtjer 2024, whkh aro also propared lo meo1 the fOqulrement8 01 a Dlrector8' report and accounts for Companl•s Act purp0888. The Ilnanclal slalaments have been prepwed In accordance wlth the aecounllng polktg$ 8et out on pag08 27-28 of the attached accounts and CoM￿Y wilh the charitable company's Memorandum and Ardcles of A880cla￿On. the Companles Act 2006, th• Charllles Act 2011, other appNcable law8. the raqulrements of Ihe Stalament of Recommendgd Practlce ft>r Charlll¢8 offgctlve lor all pgrlod8 commenclng on 1 January 2019 Ioclob8r 2019 SORPI and the Flnanclal Reporllng Standard applkablo In tho UK and R8publlc ol Ireland {FRS 1021. 8TrATEGIC REPORT PurpoM# The purposes of Ihe Charltable Company. as slated In Ils govemlng documents. aro to advanco and oncourage publlc educallon In Ihe performlng arls. pathularfy musk. and from fts earllesl days In 1968 tho London Slnlonlatta Set out to commls5ton and premlere new works Irom the composers and creator8 01 the Ilm8, ￿￿ormIng thém wllh thg most ta19ntgd mu81clan8 and laklng the ort-form to n4llonal arml Inlarnallonal audlonce5 as wo11 as Into schools and comrnunlty 8ottlng8. Vl8lon The London SSnlonletta'8 V161on18 for now mu81¢ to ￿ an Ind18pgn8ablg and vdLMd part ol conlemporary clety, educatlon arKI cornmunlty 1110. Expgrlenclng worfdths new muslc woduc88 POW8rtul, po8ldvo ¢011gcilve expertences lor Indlvldual6, audlenc•6 and communlll•8. Tho MO￿ageS that such art cornmunlcalos ¢an provoke empathy for olhors, a relle¢llon on ¢ontemporary soclety and promole equallty of opportunlty. Mu$t¢al or•aUvlty and Ferlomance ara fundamentally Important for young people and wlll $Egnlltcanlty Improve thglr educallon and chance8 In Ille. Publlc partIcIpa￿On In the cmtlon and porfomanc• ol muslc can provlde a catalyst for personal grovrth and pDslllv• communlty oh8ng•. Wo VKJth toward8 reallslry, and advocallng lor, these beneffils. Ml••lon We Produce world4la88 n•w muslc prolo¢ts and perfomi￿¢08 thal ongago wllh today's 80cI•ty, Invomng and Irylrlng Ihe IIve8 ol Indlvldual8, audlen¢e8. commun11198 aThJ artlsts. Actlvlty Aroa8 Th9 CharKy Idenulles maln areas of acllvlly, thmugh whkh tt d•lSv8rs Its Ml68lon, and h8 budg•ts and accounts are stw¢tured to rgfleet th0$0 slx 8¢lvlty areas: 1.1 Own and ¢trpromoted concgrt• whlch fomi Ils main season ol performan¢e$ and events 2.1 Comml••lonlng comp)sers and arN8ts and supportlng the dwolopmonl of N•w Work through collaborallve processes and programm9$ such as Wrlllng the Fulura 3.1 A prcgramme of Partlelpatlon & Loamlng work. offerlng chlklren, young people and the publlc tho opportunlty to oxporloncg and b8 creallvety Invofv•d In Ilve musk-rnaklng and Supportlng the development of mu5Kal talent 4.1 Dlgltal Engagomonl projects and r•¢ordlng8 whteh ongage the audlenco, a8 well as promollng and 8nhanclng tho gxp¢rlgnce at liv• ovonts 5.1 Eng•gomont¥ lo pgrform on lour across the UK 6.1 O¥•r8a•• Engag0mgnt8 to pgrform In Europg arKI the rest of tho world Stratffjy In February 2022. the ￿ganIsatIon d8velop8d a 10-year framework strai•gy which Included lour maln Alm8 {8￿ bolowl and then Buslness Plans ha￿ been wdtt•n and urAlated each year ba88d on th18 strategy. Subsoquenuy. In November 2022, wa recelved the unexpected n6WS that our Arts C¢)uncll England grant {wular fundng a8 a Nattonal P¢)rtlollo Organlsatlonl was to roduce by 41% 10 £300.000 per annum Irom Slnfonletta Productlons Limited (a company Ilmlted by guaranteo) 2023. The organ18ation acted wlckly lo adapt Its bu(*el for the r8st of the 2022-23 perfod. laklng Immediate steps lo flnd In-year $aving$ on ov•th8ad costs. A succe88ful appllcallon to Arts Councll Englands Translom One lurKlirvJ programm8 provkled cruclal support durtng a transllonal pèrfod from Aprll to Juty 2023, dlowlng Ihe ¢yganlsalion lo go ahead with arttslic actfvlty as ￿anned wllhoul m8klng draslle, last-minute changgs to th8 programme. Tho organlsallon 8ubsequ8nUy appllwj $u¢¢888fully to Arts Councll EnglaThJ'$ Transform Two fundlng programme which will support the organlsatlon up to March 2026 as we evolve the bu51n8ss mryjel arKI develop n8w in¢om9 str9ams lo become more sg11-rellant In thg longer-term. Thls Is a 8lgnWlcanl PTolocl for the Charlty and ha8 Introduced several now Wort( streams as wa exploré dlfferont ways In whlch wa ts)uld devolopa n8w buslness mod81. The Translomi Two grant provld88 ataperlng1ov•lol support lor ongolr4J a¢tlvlty and overhead cosls whllst the bl￿1n888 development prolecl Is runnlng. 2023-24 fInar￿la1 year thereforo ¢onsiltuted Year 101 thls actlvlty. The overdl 10-year Stralagy Is unchang•d and rolalr* the 8am0 lour Alms, bul the focu8 and empha81s ar0 undoLtbiedly Impacted by tho Tran$lorm prolect {much ol whlch slts m08t naturally undèr Alm 1 and Alm 41. Our r•8pon80 to Iho Strategy wlll conllnue to 8volvg yearly as ￿ move through lh8 Trantslom pr4e¢t. Tho Alm$ In the I￿Year stralogy ara: 1. To make a 2181 century n8w mu81¢ programme rel•vant & acc•881ble to a wtder audl•nco 2. To creale 80clal Impa¢t through cwr actlvltlos 3. To evoive an Incluslve & oqultable organlzallon & enBernble of artlst8 4. To •vofv8 a ro$1118nl, 8UStdnabla organlzauon Tho London Slnlonl8tta'8 prc*3ro88 durtng tho 2023-24 Ilnandal year agaln8t tho Strategtc Atms above land the Oblecths whlch 81t under them) Is summar160d later In Ihls R¢port, Publ1¢ Benèfit The Trus1888 have had r8gard to the Charfty CommlB8lDn's genttal guklanca on publlc beneflt wh8n rav1￿Ing th• alm5. objectlves and acUvrtl88 ol tho Charfty. As do￿TIbed In Its MIs8lon Slaloment ￿ Strateglc Alm8 and Obleckns. tho London Slnlonlotta alms to engage and Insplre a wlda and dlvorse audlonce wllh a varled and Insplrlng progTarnme ol contemporary cla8sIc81 musk, pla¢lng11 al the h8art ol bJay'$ culluTo. To make Its programm• ol Ilve gvents accessfole lo all, Ihe organlsatlon balances the need to eam box office Income wllh audlence development Inltlalfv•$, In¢ludlng dlscountod tlckel offers and promouons. Th088 that ar• unablg to attend th088 Ilvo p8rfomiance8 can Ilslen lo or watch $gl•et¢d concerts or ar¢hlve performance8 lor tree on YouTube or on BBC Radlo 3. The organlsallon continu8$ lo offer a Tango of Iroe d6gltsl content Ihrough the 'LS Dlgllal Channgl, on Its web8lte Includlng podcasts. Illms arKI audlo ro¢ordlngs. and a largo ¢atalogue ol London Slnfonletta'8 r8cordlngs on CDS or dlgllal download8 are avallable lo purchase. The organlsauon offor8 unlqu• opw)rtunttlos to emerg1r￿ composw8. conductor8 aThl players, suppwung them as thoy develop the sk1118 necessary for thelr pro18881onal careers. In addilton, the Parttclpallon & Learnin9 programme offers a wide range of opportunlti88 to Indlvkluals ol dl age8 and from divers8 backgrounds to engage wlth contemporary dasslcal muslc thr¢￿9h performance and musk creallon. Th Includ95 projects and conc8rts designed ¢speclally lor school chlklren. Interacllve muslc events lor famlllos arKI communlty projects Idurlng th# pèrlod, In Enf6eld). Wa also provlde ¢)FPOrtunlllas lor the public lo pwlclpat• In lh8 cr68fvo process and Iivg pgrformanea ol musEc. Sinlonietta Productlons Limited (a company Ilmlted by guarantee) Report of tho Councll of Trustoes (contlnued) ACHIEVEMENTS AND PERFORMANCE The Njmbor of porforrnarteès tkJ¢tuat•s yearty due to the naluro of our art form. Durlng 2023-24, we were able to sustaln comparable of a¢lNity as in prevtOU8 year5 des[￿ts reducgd ACE fundlng from 2023, due malnly to the Transform granL Own promouons and engagements were l¢)wèr in 2023-24, however our Paytlclpatlon arvj Leaming performances w$re hlgher this year due to addhlonal perfoman¢es ol our Sound Out schools, Concwi in Enlield. An ovep418w of ¢)ur prc*Jramme of a¢livity and wogre88 against our stratsgic ￿rnS and Objectr￿ In 202&24 is outllngd below. C*•mlcfypromotlon$ I￿rat1. the season comwised nlne own or ¢Orypromotion8, nN)8t ol which wer• at Souihbank Centrg as part of our Resldency. Thls Included fow concerts at lh8 (knen Elizabeth Hall 100. Marlus Neset." Geyser, Sound ￿lI￿n Sound." Carfllo & Reveullas arKI Sound Mihin Sound.. Uslvolskaya}, and two at the Purc•ll Ro¢)m ID8cad*s and New Tradillonsl. Two pgrformancgs ol Nwando EbSzle'8 new work look place at the Colour Factory in Hackney WKk (ln partnershlp whh Southbank Cenlrel and a furthei smalkscale performance of mlnimdlst works happen￿ at Dugdale Arts Centre in Enfield. Ihe ¢ulmination of our engagement work there. UK ongagements Koy 9ngagements dur￿ the year Included a wrformance ol Henze's colourful sorwJ cycle VoKes alongslde newly wrthn wolest songs at Huddersltekl Contemporary Musle Fèsfjvai In Novgmbgr 2023, a perfomianea at a privats event for Francls Taylor Buildings, a concert of minlma118t WOTk8 al Portsmouth Gulldhall arKI a lalefflighl wncert at Ihe BBC Pioffls of Heiner Goebbels Songs of Wars I Have Seen with ￿ayerS from the Orchestra of ihe Agg ol En1￿hl8nMenl. Overseas engagements Two overseas tours tod( F4ace thrtng the perlod. the flrst a vistt to Belltng Intematlonal Mu* Fesllval in October 2023 which in¢lLKled pertormancés ol Béla Bartok's BIu8b8ards Cast￿ lin a chamber arrangement) in partriershlp with Theatre of Sound opera company. and a chambgr con¢8rL In November 2023 the ensemble travetled to NoVNa￿S Baerum Jazz Feslival to perform Goyser with Marlus Neset and hls Jazz qulntet. ThL8 was subsequenty repèated In LOr￿On lator in thg month. A $mall-5c4e pathershlp Slnfonietta Cracovla began In February 2024 and resulted In hvo London Sinfonietta Pr1r￿4p￿ Players porlorming in Poland al dlfferent concerts. This partngr5hip will conlhu& Into 2024-25. Partlelpatl(m and L•arnlng Our successful Composition G￿leng9S Fy0￿1 ¢onlinued as part of ourprogramme lor S¢1￿01$, wthich culmlnated In the annual Sound Out Schools. Concert In March 2024 at tho Royal Fgslwal Hall, London. The ¢on¢¢rt was filmed and laler made avallat40 on oui digital channel and YouTube so that It could rèach thousands of pupils in sehools outsklè ol London. Durlng ts $eason. we delivered a $¢cond reslderty ai Si Igna￿uS College. Enfleld, expanded o work lo th• adult ¢ommunity wryth our UntoldStorl•s projoctin EdIT￿)nIOn and held a culmlnatlon con¢ert at Dugdale Arts Centro In tern￿ ol talent development work. the A¢ad8my Patlhvays programme tcd( F4a¢o In soven High Education Instltullons. helplng to find the ngxt generatlon of ￿ayerS for th• luture ense￿&)18. Composer commlulons and new work Marlus Nesét's Gayser, developed In collaboratlon with the London Sinfonletta, recelved performan￿ in Nor%rdy and London. Autumn 2023 also saw the culminatlon of Nwanth) Eblziè's Wiibng tha Fulure worK Falland Ihgn Rls• on a Soft ￿nter Momlng. Slnfonletta Productions Llmlted (a c¢)mpany Ilmlted by guarantee) Lw* Amislrong's Enfield Protest &ngs, commlsslonod by the London Sinloruetta and written wlth young comp)sers trom Enfield. was perfomed as part of Decades In January 2024. At th8 sam• concert, George L8wls'8 Gelebrauon lor solo Pl￿010, another London Sinfonietta Gommlssion. also r8¢olved hs world prom￿r•. There were thrae UK premleres at New Tradth￿ In Febnwy 24 Iworks by Sky Maeklay, Kathorlna Bakh and Mlchel Van der Aa) and Ihe organlsalon Commission￿ two new WOTks lo bg perfO￿ed al th8 Sound Out concert in March 2024. Sound Out Sult8 by Electra PerlvolarL8 Incorporated Ihe work ol young comp08er8 from schools h) Enligld, Wallham Forest and Harlngey to create a new collaborali¥• 7woth. A fwthor ¢omml$8lon by James B Wll8on. Sw••t Toolh. wa8 also glven Its wortd pr8mlere. Durlng the the organlsalon al80 8uc¢es8fully recrulted four new composers for lh6 flfth gdlllon ol Ils Wrtting the Future schemo {whlch wlll begln property Sn 2024-251. We arg oxclted lo bg worklng wth Ro¢koy Sun Kollng. Pablo Mwln82, Ashkan Layogh. Omrl Ko¢havl lo dévelop now work. Dlgltal proleet• Thè organl8allon conllnugd to r818a88 new(Igttal content at regular Inl•rvab a¢ro8$ tho year. to Infomi and engage audlencgs about the conlomporary mu¥lG performed durfng the season. Aliogeiher, 17 8•parate pl8c98 of dlgltal ¢onlant were launched durlng the pa￿0d. ar811, tho LoThYon Slnlonl8tta'$ Ilve p¢rfornances durlng th8 yoar lo 30 Sepl&mb&r 2024 r•a¢hed 26,362 p•opIg12023- 18.1481 wllh 30 Ilve performonce• And ov•nts12023 - 291 In venues and onllne, Includlng elght own and co-promoltons, tsvo UK engagem9nl8, three ovgrsoa8 engagements. on8 CD recordlng 888slon and 13 events lor schools and communltl88. The OT9anl8allon dellvered one p8rtormanc8 $tream•d 'as Ilv•' and threo perfomian¢e8 Woro pre-re¢ordtrd for delayed ￿oad¢ast or as a Separate dlgllal producllan for us0 on th8 LS Channel. Two London Slnlonletta ￿ncert$ wero broadcast on radlo, with an e8tlmated 1 mllllon Il•ton•ri for the ensemble's work acr05s the year. Tho Partl¢lpatlon and Learnlng programmo perform￿ Ilv8 10 16.873 pooplg {2023 - 14,374) attervjlng hool8 and communlty ¢on¢èrt• al venu08 Includlng ROY￿ Fasifval Hall. ou￿1818 Arts Centre and onfine. W9 reached 1ffj98 chlldren across 44 work•hop*. w¢rk•hopreheargal8 and other partlclpalory 8888lon8, both Ins)8rson and onllne. We worked w￿h 277 •tudont8 acro88 18 wo￿•hOP•, rehearsals and ma8tsrctas8es In 8even dlff8renl Ngher edu¢atlon InsUtulion8 acr¢yd8 England. Our partnershlps wlth Harfngoy, Wallham Foro8t, Enflold, Glou¢e$tershlre. Southampton,1810 of Wtghl and Port$moulh wont from 8tr8nglh lo $lronglh whllsl wo gxplorgd new partner8hlp8 furth•r wost lo Brf$lol and North to Leeds. Acro88 811 Its Ihe and broadcast Work, Ihe London Slnfonletta gave 20 (2023- 301 workt promlere and UK emler8 perlomian¢e$. whtch In¢luded 6 {2023 - 121 WOTk8 that ware COMMI￿lOned by or develop8d colab)rallYoly with the en8ombl8. In lem18 of dlgllal reach, ther8 wera 106,965 (2023 - 143,5391 un￿u8 vl8w8 of the Charlty'8 w8b8118 durtng the perlod. &4m12023~ 12.34ml Il$18n$ on Spollfy and 228￿33(2028- 115.671) vlews on YouTube durlng thè porlod. Wo have s1gadlly gained followors on YouTub8, Spotlfy and Ttklok ovgr thg year maklng a total $ubsGrfber and follower base on these p]attom8 0112,97312¢)23 - 11,942}. The Charfty also suslalned118 soclal medla follo￿ng al 20,44312023- 20,5HI lollowers on Facebo(Jk, 29,127 (2023- 29,4961 on Twltter, 4192 {2023-4.161) on In8tagram. (harall. tho Lorthn Slnlonlatta Tea¢h¢d an e8llmated 7M mlulon poople113.97 mllllon In the yoar to 30 Septemb&r 20231 wlth Its work. Th• varlance on 2022-23 Is malnly du• lo th6 larg• numb8r of Spollfy strearnlrwJ1S$len$ whkh flucluale signlllcantly year on year. AddltSonalty, a¢C8￿ to the ansornble's slgnllicanl rocorded legacy Ihrough radlo stafjon relay5, on-dernarKI 80rvi¢o$ aThY a¢dwty on straanlng ￿all01m$ conlribules hugety each year to tho organlsation's reach. Sinfonietta Productlons Umlted (a coTryny Ilmlled by guarantee) Report of the c￿n¢11 of Tn￿ (ContIn￿dI PROGRESS AGAINST STRATEGIC AIXI OBJECTIVES Alm 1: To mak• 4 21•1 ¢mlury n•w mwl¢ programm• r•levwrt & I￿￿1b1• lo • wld•r •udl¢n In the UKandal>n>ad aTrJ prgmhros. prdgcts d8v8lowl In collaborallon wlth artlsts or kn partn8rshlp wlth other promoters and classk London Slnfoniglla reportolra from th8 20th Con￿ry. Som• pr(>aramm•s k¢u860d on ono of these arthqs Wh1￿ others ex￿•d new w(¥ks moro oslabllshed Works. In tom18 01 n*Afy wryK ol Nworth ENzl&'8 grournl*e8klng now Flece Fall and then R￿e on a Soft Wlnterfs al tho Colour Fa¢lory In Nov9mb9r 2023 alm8d to tum the COr￿rt exp8rlence on tts head. gfvlng au(fjence8 a surprfslng mulll-sen80ry and thoatrlc exp8rfenc8. Decades In January 2024 ¢818tff*￿ key works comrn5ssl0r￿d by the London Slrfft)nletta 8ln¢¢ Its ￿￿ept￿ h 1968, otongshje Iwo new commlssiorts ty Amothn composer George Lew18 and Enliekl Protest written Am)sm In poitriarshlp wlth young eortyovr8 from Enfleld. New Tr8dltlons In Febnwy 2024 leaturfrj throe Worts rwwto UK audl8nces (by Sky MaGklay, Katherlne Balch Mkhel van der Aa) as a8 a repeat pgr10￿￿ ot a London Slnlontetta commlsllon Irom 2016 {Goorgo Lw*ls's Talos ofthe TraveM8fj. CL4laboratlon koy k> Iln• wdocts th• 8oa8M. Th• flrt ¢Mllnulng IMg8tandlng artlslk rolatlLYth* wtth mari￿ Noset a th{￿ ￿￿ratIon produdrKd Geyser. prolacts whkh Invdved pathwshlps tnduded our BBC Proms Perf￿ance of Helngr Goebb81s' Songs ol Wars l Have Seen In partnersNp8 wlth Iho Ord*stra of Ihg Age ol Enl*htenmgnL Tho season also Slnlonietta PrMpAI Playws. Reportolre that fulfils the'Clas*s' categ¢Ny Induded the 8oason opwlr¥ concart wllh a 8tror#J Icrtus on GyoTgy UggI and hls contamp￿ath. wthlch drew a large audience and wa8 promoted In pUthersh￿ wlth soul￿ Centre. A h*hl6ghtwa8 Piorro LauTenl.PJmard pwlorrnln9 Llgel's Plano CorK6rto wlth Ihe •n9•M￿o. Later In tho Soason a carglulty ujraled programme ol mlnknallst works re¢eNed al DW Arts Contre (Enr￿Id) arrfl Portsmcrtrth Gulldhall. P8rform8d a8 part of SouiN)ank Cgntra's Sourkythn SoundF88Uval In Juty 2024, tr#oconc8ts 8xplor•d108s8r.known 20th Cenlury figures inL*NJing a joum8y through tho urKonvonlknal worf(s ol MexKan ¢JnFAisgf8 Jullan Carflb) and Slivestre Revuollas and a to¢us on thg radkal rgslslance ol RUs￿an cornposer The Increased fwjs on develrpiry FYoAects thal can a150 tour b(xe fruil durirtsj Ihe periryj. A proieot basgd around Hénzo'$ Voic8s r￿1Ved ils lthal p9tfom1￿ fft FlnlaThl thring 2022.23 and wa$ subsequenty ropoatod in Huddersfl8ld In No¥￿ber 2023. knothw from a prevlous sèason, Bhmbeards Caswe (h chamber ve[sM￿l went to 89ling ln1wnation￿ Fostivd In 202>24 wllh pamner T￿￿atre of SouThJ opera company for Iwo p*1ryrna￿. Fw)*ty, our collaborallon with Marfus Noset wa8 [￿l0￿ed kn Lon(kn and al Bawn Feslrlal (Nomy) kn Autumn 2023. ty lo redevdqj WKI relresh ts Lon(kn Sinfonietta'8 Vlslon arthl klsslon began durlng the period with $8v•ral In whkh the wysalkffl partsdpated explorfrKJ the organlsallon'8 identity through its past 8￿￿¥11￿ whlle lookro to thls MWI evofve for tho ftrture. Slnce thèn, a I￿rar￿aing prole￿ to ensure Ihat i)ur wJgnbty and arè ei>mmuntcal8d to our a￿l•r￿S effectfvety has been urrflmy. *ryth initial research arKI r¢comThrthlions wesgnted lo tho CourKII arKI management In FeW 2025. 10 Sinfonietta Productions Llmited (a company Ilmlted by guarantee) Alm l To creat• 8oclal Imp4¢t through •)ur •ctlvlllos Consolidate al￿nUrtUre our to Support comwsftlon and¢reatl￿ty h schools Prthlu￿ woieGts that supportpkce.maklng wlth Gommunltles Use ourart fomi to angag8 aUdIenc￿ and thfrpubllc In maiorsocie¢all8sue8 Includlng th8 dlmale emergency The prlmary locu8 ol th8 London Slrth)nl8tta's School and communlty work. Comwsftion Challenges conllnuod lo grow Ihls year. reaching thousands of prlmary school-aged chlklron and supportlng composllion and cr8alMty In sthols across the UK. In 2023-24 our slx partriershlp areas woro conllrmed as Glouce81er8hlre, Soulhampton, Port8moulh and tho London Borough8 of Watham Foro8t, Enfl$kl and Harlngey- all aroag ol low Inv•$lmenl and engagement whkh havo ollh8T been Idenllfied a8 government 'Lov$lllng up lor Culture Placos, or as an Arts Councll England 'Prlorlty Place.. Wtth over 43 schools taklng part, we recalved 0￿r 400 comrwltlons trom all around the UK. Studont comp05111ons were Included In London Slnfonletta's programme Ihroughoul the y•ar, En¢ludlng our flagshlp Sound Outl at the Royal Fosfjval Hall In March 2024 Ise8 below), part ol Own Promotlon concert D8cades In January 2024. plu8 al venu88 In Glouco81or. Portsmouth and onllne. The culmlnatlon of our work In schools was th8 Sound Outlconcert whlch Ihl8 year took place on 27 March 2024 al the Royal Fosuval Hall to a Ilv• audlgnco 018chool chlldren land 8ubsequ8nlly mado avallable to s¢hoo18 onllnel. The ¢oncert.1od by compD$er and presenter Palrl¢k BaS1gy, lea￿red Ihg out¢omo of workshops that LS musldans had und•rtaken h •arly Sprfng wllh our North London pather boroughs In Harlngey, Waltham For881 and Enflold, engaglng young peoph In composlng, Improv181ng and perfomilng aclvllles. In all, 30 young mu8lclan8 created and p8rtomied brand now materld aThJ In addlllon, 8o18¢1od 8¢hools' Comp%lUon Challenga works wwo loatur￿ duAng tho rfornan¢e. 2.098 audlenco and 34 $choo18 att•nd8d tho Ilvo concert, ar￿ 11,000+ young p90pI• watched.lhg concert onllne In over $3 8¢hools ￿rO$S th• UK Wo ¢onllnued our pla¢e-maklng ¢ommunlty parbier8hlp wllh Enll8ld London Borouoh In Towfy wlth a 8•¢0ThJ wondary 8¢hool r8ld8n¢y at Sl ￿naIlu$ College. W• 8xpandod our work wlthln tho adull communlty wrth our Untold Sior18s pmject In Edmonton and hold a concert at Ougdalg Arts Cgntre. foaturlng core wo￿(3 trom our r8pgrtolro and nèw plgCe8 C￿rgated wlth tho communlty and PUF418 ol St Ignallu$ College. To ¢elobrate the end ol our second year ol work In the are& we look part In the Untold Edmonton Fosllval, wllh two events In the n•w Edmonton Groon Pavlllon. Our other oblecuve In Alm 2 was lo de16vor worf( whlch wa• relevont lo contemporary 80clety and reff•cl8d th8 lfves of people and communltles. In November 2023 we 8tag8d our 2181 Century Volce8 projgct at the HuddoT$lleld Contomporary Mustc Fesllval, a prol8cI prevlou8ly dallvor•d In Flnland In Its enllrety eartler In the year. The event lealured slx new woths, commi$sloned lor th• prol¢¢t. giving comFx>sers tha opportunlty lo volce theli own wotè$t songs to the world, uslng Hans Wgmgr Hgnze'8 Volces a8 Insplratlon. Nwando EbSzle'8 Fall andthen Rlse on a Soft ￿inter'S Mornlng, addressed tha subje¢l of how haarlng and dèal audl8nces can experSenc8 Ilve musk together al the Same Ume. In addlllon, our d￿lIa1 conlent releasgs across the $8ason ffralurod several Illm$ ol porforman¢e$ and commlsslons whlch respond lo contemporary Issuos, such as Luke Lewls. The EclxJ8s Rotum Slow. whlch told th9 somdmos sad. som•ltmes lovlal songs and tales of old mlners, speaklng ol national Idenllty, bètter pay and condltlons. unemploymonl, gender roles, language and culture. Alm 3. To ovolvo an In¢lu81vo & •qultable organl8atlon & on•wnble ot artl8t• Provlde Incluslve pafhways loremerging lalenl, Including via our a￿sIdeVelOpmen1 SGhemes Create eff•ctiv8 SIn￿res for th$ Ensemble. court￿11 andstaff Ihal ￿.11 enable the represent8tlon ol 8 varl8ty ofskNls, gendars. ages, elhnlcitles, ¢*sabiliiles and scylwconomlc backgro Thg organlsatlon ¢onUnu•$ lo evolve a robust plpgllne of talented artists and musiclans Its programme ol early*aroar taionl devolowient opportunttw lor ¢omposgrs. conductors and performers. Slnfonietta Productions Limlted (a company Ilmlted by guarantee) Academy Pathways. a new programme aimed at broad8nlng a¢¢￿ to opportunities for young P8rfomier8 al terti8ry or post-gradualg 19Vg1, was delivered aGross 2023-24, with workshops and mastsrclasses lthrrfj place * Trlnity Laban Co￿erVatO1r8 ol Muslc and Da￿0., Goldsrniths, Unlverslty of London,. LorKlon Collegè ol Muslc, Un￿erSIty ofwesl Lon(lon: Universlty of York. Leeds ConseNatoire,' Unlversity ol Soulhamplon and University 018rislol. A new edition of Writing the Fulure was al80 launched thi8 year. wllh an op8n call prcrtess tn Autumn 2023 leading lo the appointment ol four new Muslc Creators, vtho ￿11 recelve mentorlng and $upr(rt to produce their across the coming tsyo concert $8asons. The organisation contlnues to work on Increasing representatlon In aN kay areas as part of our I￿lusivty and Relevan¢e Actlon Plan. Across our commissioning programme we are sleadlly Increaslng rgprg58ntation In the dlsabled arKI gbbal rnaiority background muslc creators that we commsssion. In 2023-24 we were ￿eaSed lo reach ourtargel ol a 50%1 SO% balanc8 b8tween Pl￿0$ commissloned from men and worrvan, lor 30% of works lo be from those representing the Global Majorlty and 5% of works lo be from those who are disabled. In addition, the Charity continued Its policy of $0gklng extra playors ol varfed backgrounds and ages, %Mth posltlve slgns Ihal Ihe P￿ying workforce is b8comlry more representative, parbculatly kn gender and ethntety. We have also increased tha proporlon of opplicallons from under-represgntgd backgrounds in our talent dévÉlopm¢nt schemes to refinements of ro¢ruilment methods to remove potentlal barriers to application. For the currgnl wn￿ng the Future 8ditlon. our open call Process In Auiumn 2023 saw 70% of partlclpants tdenlltylng as havlng charactsristics currenlly under-represented in the arts. Monitorfng statl$tks sFTh¢d us that 22% of appllcants Idontifiod as being of a Global M8J'ority background, 55% identified as noTrheterosexual, and 76% as either disabled or ngurodlvergenL licalions were gender-balancgd with 51% men and 4￿ women or gender minorflles. In Aprfl 2024. London Slnfonletta slgn8d up to Bl8d( Lfves In Muslc's ongoing ¢ampdgn. conjunct¢on wllh the Musldans Union and the Associalion of Br11I8h Orchestras. a 10-point plan to improvg inclusivity ol recruitment practic8 wilhin OTthgslra setbngs. As part of the programm8, staff attended d8velopm8nt sèsslons on LGBTQ+ Inclusion Idellvered by Come"Play with Me} and another sesslon on creaung an access￿18 workplacg culture Idellvered by AttIILKle Is E￿rythIng1. The ¢)rgart￿ts0n ¢ontinu95 to bo part of the programmo athlressing barrters to represenialion that may exist via starKlard orchgstra reowiknenl practi¢e* Alm 4: To evolve a reslllenL 8u8talnable oryanlsatlon Ma¥imise income Irom indmdualgving. boxoffice andprofftabillty from tourlng Bulldn8W, $UStainable in¢ome streams including from onlire transactional rela[￿nsh Creste efficiencies from more integrafadprole¢t wothing and findlng 8 lower-COStofllce base and archive Embed a framework oftraining, techrnlogyandsystems to Unde￿In arKI d8velop Ihe organisallon Durkng the F￿rIod, organbatton started to make real progress against theso otiectivos. assisted by Ihg Transfomi Two project (wrth funding Irom Arts Council England}. In order to bring focu5 to this area of aclfvlty, a new Income Generation Commillee (new board SU1￿cOMmIttee) was set up and mel for the Ilrst Itme in March 2024. Th8 membership irKILKles both senlor managers and CourKil members and wlll draw on the advlce of consultants In 8èveral areas. Slnca Its Inceptton iha Incomo Generatlon Commlttee has looked closely at existlng Inc￿ne sources and bggun to ex￿re wtential new Income $tr¢am$. To dale thi$ has Included ravlewing the feasibtlity ol running our ovm l)ox office and consid$ring othèr new molhods ol Income generation Isu¢h as selling mercharKli8e and online courses)" expanding the FWI of Trusts & Foundations we furKlraise from and growlng our donor networks and ¢orwratg partngrs., $è•king out new relatlonship5 Wth promoter8 In the UK and abroad for lulure lourhg opportunbtles and developing new cross-dlsclpllnary, multi-medla concert esenlatlon lomiats to grow ￿ets salgs. 12 Slnfonietta Produclions Llmited (a company Ilmlted by guaranteo) In tem)s ol longor-tomi resill•n¢e, th• txganlsallon moved lo a new offlce space at Theatro T¢chni5 In J￿Y 2024 which has a lower renl cost and offers improved opportunllles for the managèmont toam to work more closety together. It Is sityated in the London Borough ol Camden arKf Ic¢ates us in the nNddle of a ¢ommunlty and within a slone8' throw ol severd schools. Thls allows us lo emb oursetves wthtn tho local ￿mMUnIty and open8 UP SOV8ral location-spth lun¢Mng opp￿In￿leS lubjre soasons. Our new oifice has a snall4¢al• th•atre wlthln th6 same Ixjlklky whlch we also hope to U80 for rehearsing, new work d9velopment workshops. communStylschoo18 Outreach activities, fvndraising and other small-scate events. Th8 organisation eontinued to considw and r8flno its approach to Envlronmental R8sponsibilty, refle￿ing on how it can make the biggest Impacl in Ihis area In the longer-temi. Th1$ érwmpassgs its response to Arts Council England's Invoslment Princtpl8 as well as a broader commitrnenl to create art whi¢h 1$ meaninghl and respornls to the ¢onGorns of contsmporary society. In line ¥￿th the organlsalion's cyth of funding and rewrtlng to Arts Cwncll England Ihe Environmental Poltcy and Acuon Plan was l￿wrItten In March 2024 for Ihg period lo March 2025. The (wganisation a150 made progress wilh collecting and analysiry ils cart￿n emlsslons data. Inducung nèw areas of its carbon I(￿￿nI In lh¢ figures submitted to Julle's Bkycle in June 2024 {reporting on the 12-month period to 31 March 2024). The management leam ¢onlinues to explore more efficient ways to collect data which lalls under ScoF¢ 3. such as the emissions arkslrrfJ from tAtslness travèl and tourlng. and to develop new ln11￿tIVeS ￿ bgtter understand and reduce th& Charity's Carb(￿ foolprinl. Evaluatlon and Revlow The Charlty's monitoring and evaluation framwrk encunpasses quantila16ve and (walllalNe data collectk*n using formal and inlomial gvatuation methods, centered on a cycle ol regular In1wn￿ meètlngs. reports arKI rgviews. Quantttatl¥e data collection takes ￿e9 across key acbvity areas. and management staff report lo the board on a quarterly basls, includlng progress agalnst Buslness Han objectivos and kgy Pgrfomiance indicators. The management team imports, extracts and analyses data from Exchequer (finar￿). Attsvlslon Iwrfomances and repertoire) and Tessitura Ilickètiro. customer and donor datal. I￿alItatIVe data Is captured from Intsmal evaluallon of events and external customer surveys and locus groups, and Inform￿ feedback via swial media. A full audlence'Ambition & Quality. survey was undertaken In Summ8r 2024 and will continue to be rgpeatod annu￿￿Y. critic￿ feedback from pre8s revlews aThJ Industy peers 15 regularly compiled lo g￿n a rcmjnded view of how projects are recelved and to Inforni futur• arti8tte annirtg. arKI the organisatton uses tools such as Impact & Insight 8iirvey8 th8 Cullure Counts On￿ne attomi to collect customer arKI peer lee&*k on sglected events, We continue to upbad data to Ihe Arts Council Englan¢>mandaled audience Insights plalfomi Illumlnate, which entails quarterly uploads ol actsvlty surveys arKI box office data. An annual $latisli¢al data survey is also rewired by ACE. Tho organisallon monllors and evaluates its progress againstthe requirements of ACE NPO funthng including ACE AGtivibes & Outcome8 and ACE Inveslmont Principles, VH the intemal Managem8nl tgam, LS counc￿ meeling5 aTrJ the board ¢ommittees. ACE Issu8 a quarterly risk assessment, and 8v8ry year an gvduatlon Is provldod by tho ACE relatlon$hlp manager on tho organisalion'8 Fxogress against objectives. 13 Slnfonietta Productions Llmlted (a company Ilmltsd by guarantee) Report of the Councll of Trustses (eoMinued) Flnanelol rnvlew and Kèy P•rfomMneo 1ndl￿torI Thg Charfty Is plgased to rgwt a surplus on General Unrs$tricted Funds for tho year 01 £1,6531£20,154- 20231. The Revenue Resgrve shows a ￿artc8 of £3.6541£7.001- 20¥d) and the Conknngency Fle8oNe Increased lo £130,000 {£125.000 - 2023}. At the end of the p8riod. the balance on Restrlcled Funds wa$ £174,4921£210,675 - 2023} and the balance on Designated Fund8 redu¢ed to £94.0781£129.078 - 20231 wlth £35,000 dlsbursad from the Slralogk Projects Fund to support aclfvlty durfng the year. Tha Stal8montol Flnarnlal Aetlv111•8 8how8 not expondlure on Total Fund8 Ibeforg tran$forsl of £69.530 (not Incom6 01 £64,558 - 20231. Thls Is made up of ihe Surplus on General Funds ol £1,653, a decrease on D8slgnatod Fund$ of £35,000 arKI a decreas• on Reslrlct8d Funds of £36,183. The movement on Re8trlcl8d FurKls represents a nel docreasa In funds held for activity whlch will lake placa In a future ￿rtod. Totsl In￿rnIng r88OU1¢08 In the yw w•ro £1,172.479 (£1,220,483 to 30 Sgptembgr 2023). Th18 flgure Includgs £469,558 01 lundlng frorn Arts Coundl England1È456,513- 20231., Income of £328,3371£367,314- 20231 from alher lundralsed sources such as trusts. foundallons and Indlvlduals and £235,1091£266,049 - 20231 earned Irom the Charlty's a¢llvlll98 (prlnclpally engagement fees and box office Income). Full detalls ol all th• Ilgures arn shown In th8 Statemont ol FlnancW Aclfvllles and the Nol•8. Further dela118 ol the CharlV8 ￿tIVItIeS are shown In the Achlevemgnts and Performance sectlon ol the Stralegte Repo Fund• Tho ¢harlty'• fund5 lall Into two group#: Re8trkt•dFund8 - lund8 whl¢h ar• eamiarked lor a partlcular purpos& by those who provldo them Unrestrlcted Funds Deslgnaled Funds Contlngéncy Re$8rv• R•venue R•$erno -lund8 whlch th• Councll earrnarks lor 8P8cIfic 81ralegl¢ purpo8e8 lund8 held lo provlde for conllngencles that may arf80 In tho luluio -Iho balance ¢Arded fopward on th8 Statement ol Flnancld Aclvltles c¢Jnsl8tlng ol funds avallablo lor use by the Organlsallon lo contrlbule towards 118 ongolng futura artlth actfvKy R•••m• Poll¢y A kay dement In the managgmenl of Ilnan¢lal rf8k Is the rogular rovlow ol thg Charlty's pollcy on reserve8. The TNsle•s alm to I￿lId up a Corthngency Rosorvg al an 8pproprfala level to provlde for unfor88een llabllM88 and mlllgate rl8k6 that may arl8e. whllst ￿80 the Charlty the confld8nce to lulfil Its artl8tlc ambltion to ¢onlinug to Innovate and Invest. In Sgptgmber 2023 the Tru8lee8 consldgred the longer-lom Reserve8 Pollcy and delermlned thai due to changes In the ext8mal 8nvlronm8nl and to the organisalon's core lundlng, a new target for reseNes 8houhl be $¢1 al £150.000. th15 bglng broadly equlvalenl to ellher three monlhs, oporallng costs or the amount constder9d Fxudent to mlugalg agaln51 sgvgral key polen￿al flnanclal rlsks (s￿h as salgguardlng ag￿n$t potential loss Irom non-payment olloe on a large-8cale artl8tl¢ projecl). The Ilmelable lor meellng Ihls target was Égl ￿ flve years lo allow Ilme to bulld this amount at a SU$lalnable pacg. At 30 September 2024 the Trustees agreed lo Iransler £5,000 to the Conllngency Rosorvg, bringlTrJ the lolal to £130,0001£125,000 - Golng Concern The Trusleos conslder Ihat. al tho data of the slgnlng of the Rei>art and Aceounts, th8 Charfty Is a golng concem, based on I￿1r review of exisling fvnds, sgcured Income lor lulure ￿rIOdS and expeGt¢d ¢ash flows. Thls take$ Into ac¢ount tho Impact of thè r8d￿ed level of grant from kn Councll England and th• ongolng evolulion ol our bsjsiness model. 14 Slnfonietta Productions Limited (a coThyany Ilmlled by guarantee) Rlsk Mawomwt The Cowtcil ol Trustees i8 ￿timatelY reS￿￿￿tIe f￿ the managem￿1 of iisks and this ￿uS Is thfven by the Flnance, RW( & Autht CcAnmiite8. Tha Clwrity has a Regi51er whKh idenbfies the mlor rfsks lo whiGh it may be exposed arKI ranks these by lfi(eThhoc*J and in¥>actas well as Surftmari￿rVat￿ls in place to miiigate and the Risk Register is revlsed in Ihe light of clww a￿1 d8velwrnwts. Th• chari￿s controls are (*SYn￿ to imrt ab%￿Ut0 assuran¢• against matwial usslatemenL k>ss orexposureto risk P£tivibes arg larth woJ&l-based. arkj systoms are in place to ensure that the Charlty's exFrfJsure is kept in lirte wilh swed ccKe fundiroJ. The TnL8tees are salr6fi8d that the systems d6v•h)wJ tMII miligate exposure lo rtsks arvj befjeve that rtsk management Is a tool A key risk area facthl by ts owisation cu￿enty is Ihe successful evdution of its business rnod81. Thi8 tsk 1$ wdl mr￿1ed by the fur¥J¥￿ Irom Transf￿ Two whKh provKles I￿ng sw)port across the perfod to March 2028 for orvdoing activibes and ￿m5 lo U￿terpIn Ihe WISa￿On as it exF4ores new buslness mcd818 and income streams. From 2026 the organisation wryll need to be In a place to sustaln itsell and deJlv8r against its Misskjn aNI Wislon with a cc*8 trASé. Tho Transfo￿ Two woigct will hel) to grow a mor¢ resili8nt aThd wswiatle future for ts C•y. As identsfied In the Rlsk Re*tw, Ihe Chaffty consikn the W rlsks at th• ￿￿an1 lkne to bo as foll¢)ws: Rlsk Identmed Identifying and tmplemenllro a Signif￿ cha￿8 to the b￿1n8$s ￿K￿le1 folhwty a ￿jc(lon in c(*e dirYJ. A surxesslul aFpDcati¢)n to ACE'5 Transform Two luTrJirb3 Fyogramme to the develotmnent of ir¥xfflw streams and the evolution of a new tMJsiness to streffjdwn rnsiltow and bulld temi $ustwatili As atrA>ve, the oTganisalion WOTking lo diversify its streams arrfl innovat• its modeL In ttle slKJrt temi. the Reserm targ8t has recenty teen rv¥ryOY￿l arKI the organisation is working towards adlieving a new targeL DesvJnated FWKIS coukl bg us•J to Wug an unforeseen budget shcKilall. Careful forward ￿annIng takes account of irLome whKh 15 LInconfi￿fjd arKI ensures Ihat acbvtty Is confimed In line thls. IT swrt company th8es on and mana98S urity ar¥J bad(4D procedures. Relevant Effoloyee Pdicies are in *e to help safeguard urity arKI data and slaff re￿1ve training on spJttirb3 cyb9r risks. insurance is in In¢ome targgls Irwn furKtraiswvJ or eamed sources are r￿( met *l)tch threatens the ChariVs finarKial stabikty. Cyber securfty and cyt*rJcCeSsh￿. The Transform Two fundlng can be to $uyport Som8 c￿9 ¢4sts imrt at least 50% d the to1￿ grant ￿ b• 8pgnt on ré88arehlrnJ arxl Implementlng a refreshéd Lw1n0￿ model, dfvor8lfylng In¢omo strgams and d8velcFlng the organL8alion lo become suslalnaL49 and roslllenl fty the l¢)rKJ twm. At Iho tlmo ol wfttlng. Ihl8 ect Is uTrJep•My1888 Prc¥dr￿ Against thl&Jlc Alms O¥&lves, Alm 4 for further dotdls). The London Shthilth Is grateful to kn Councl En9b￿￿ Iix fts contknued 8UPPOrt a8 a Nallonal Portlollo OrganL%atlon and through MS Tran81orni prwamm8. We WoU￿j also Ilke lo gralalully acknOwl￿gO tho SUPPOrt of other koy lund8rn durlry th• yoar Ineludng 8artW8 whatn￿ Chwwg TrusL Blg Gfv• Arts for Impact Fund, The 8ohlnl Tru81. Th8 8orls Kark)ff Charlthkn F￿nd￿. C(x*ayne . Grants for the Arts: a donor advis￿ lund held al The Londcn ComTh•Jnlty Foundat1(￿. D'oyly Carte Charltable TN81. The Fldello Charltabl8 Tn￿1. Gartlekl W¢8ton Fourthtlon, Tho Gardck Charllabl• Tw$L Harold Hyam Wlngate Foundallon, Hodge Foundallon. John Elloman FLwrthl*Jn. Jer#￿￿1 Foundatkn, Karlsson Jatfva Charltable Foundatton, The Ma￿$ Trust, Patrkk RIY*1￿ Fomdatkffl, PRS Foundallon. Royal Bank ol CanadA Foundalkjn. Samuel Gardr￿r Memorlal TrusL Stan* Thomas Johnson Foundalion, The Stsven R. Gerb8r Trust. Summerfleld Charitabl8 Tru$L Thro• Monkie5 Trusl Thlsde Tn16L Charltablo TnJ8t, Vaughan WIllla￿* Foundati￿ aThl 29th May 1961 CharltstAe Tru8L Tho organlsatlon xkr• much gralit￿ mary donatlons from h¢tsldual support8r8 whkh holp u8 to acNeve our goals, I￿t￿la￿ In SUFpxUry deveknp)wnl ol new eommlssh)ns and lh• conllnualon ol tls schools, wowammg. The London SInfon￿2 wa8 a of the Reg￿lDr Ihb flnandal year. 16 Sinfonletta Productions Limlted (a company Ilmlted by guarantse) Report of the Coun¢ll of Trustees (contlnued) PLANS FOR THE FifTURE Due lo th¢ orgarsisallon'8 reduced funding and tho imperatlve to PToserve Staff lo contlnue to progress whh the Transfomi Two project. the overall sC￿e of th• arlistic programme is somewhat reduced In the 2024-25 season. At tho tirne of prepathg this Reprt artistic plans tor the Include.. own1¢￿￿10MOll0TrS {London and UK) A luu season ol live concerts al Souihbank Centre Includng: Schoenb8rg.' Reshaplng TradIt￿n at the Quogn Elizabeth Hall In Cktobgr 2024, explorlng Ihè comp08er's work in his 150th annivgr$ary year. Refracted Sound whlch palrs Samuel Beckelt's seld¢Jm pgrformed (knd, Involvlng four dartors alongside the London Sinfonietta ensemble, and Morton Fgldman's For Samu8188ck8tt. Love Lino5 in Decomber 2024 forns part of Ihg Scottand Unwrappod sgries al Kings Place and 8xploro$ ¢orrtemwrary music from Scottand. The Boul8SCag8 Letters lakes pla¢e In the Pur¢ell Room in March 2025 and focuses on the musl¢ ol Ih6s8 two major 201h cgntury figuros who corr•sponded with each betsveen 1949 and 1954. H￿Ien Voices in Wl 2025 see8 the world wemiere of a new London Sinlonietta commisslon by Laurence Osbom, Mute, whlch explores drfferent aspects of stiflod vot¢•s. AlongsKle this 18 the UK premlere ol Hannah Kendall's shoutlng loreverinto therewvoras well as classic works by Luclano Bgrio. irKluding Folk Songs. Humans wesants tsvo outcomes from th8 organISa￿on'$ most recent Wn'ting the Fulure scherne cohort al Ihe Purcell Rooms In June 2025, wilh premieres ol works by Rocky Sun Ketlng and Pabb Martingz. Wrthn9 th9 Futuro.. Omrl Kochavitakes plac8 In S*rnb9r 2025 in a garden locatlon and explores the history of prolesslonal femde gardeners. The ensemble is also performing with wod(krenowned Geman dance company Sasha Wattz & Guests In a CTrPTomolion as part ol Southbank Centre's cr¢)ss-art fomi le$lival MullItt￿•S in laté Aprll 2025, perfcming a hypnotk music and dar￿ version ol Tery Riley's In C. UK ¢ngagemwt$ The 202*25 sgason ams io $u$taln UK touring as a core p8rt of the ensemble's ac￿vIty white Ihe organisation Conlin￿&S lo devglop mfft touring parthers for the future. Perfomiances includ& a concert al Southarnpton's Tumer Slms concert hall exploring the SQUTKIS of the night After Darf(." Musi¢ in Nature's Glowand an engagementat Southbank Centre wllh planlst Maya Dunl•tz, explorlng1he musk ol the Ethlopean composer Emahoy Tsegu&Maryam Guèbrou. Ov•rSth￿ engagements The organisalKJn has been wc*klng to develop now rolatrjnthps with oversea pmmoters but mosl of these will sg9 Iheir oulcom8 tak8 place in future arlislic seasons. Durfng the 202*25 period the ensemble wlll perlorm at the Warsaw Aulumn Festlval In Poland In September 20251wlth a repeal performance of the same programme al Huddersffield Contemporary Music Feslival planned in November 2025}. Partlclpatlon and leamlng Our Composition Challenges pr0￿ct wlll con￿rtu0 with a rnod9St rgduction in actswty dug to rodue*l ¢apacity in th¢ dgparlment. We contlnue lo d81iv8r workshops across our six partnership areas arKI then celebrate young people's ¢omposrtlons in events throughout the year. in pariicular our major Sound Outl Schools Con¢9rt in th• Royal Festlval Hall In March 2025. We have also recelved funding to d&lSver a Sound OutTour In five Iwalons Iwond central London In the Summer temi of 2025. We wlll dellver a thlrd and final rgsidorw at St Ignatlus College In Aprfl 2025 before p￿0tIng our cuMmuntylplacemaklrKJ work towards the London Bcfftigh of Camden where our offi¢e 6$ now basecL PeTlomaneos of new commisslons from our Writing Ihe Fulure composers will lake place In thls season. arhl the London Slnfonletta Academy (which In 2023-24 evolved ir￿0 aGtfvity with in51itutes of 17 Sinfonietta Productions Llmlted (a company Ilmlted by guarantee) hlgher eduGation, Academy Pathways) wlll tran￿lOn into a programmo called Playlng the Future, featuring a sidw-stde project wilh the Royal Academy of Musltt and various 8mall-scalo projects wlth all ages from Trinity Laban ConSe￿at01re of Music and Dance Junior, Undergraduate, Postgraduate and Graduat• musicians. Comp08er ¢ommlulon8 and new work Commissions and cfrcommlsslon$ in 2024-25 8eason include a new wokk by E19ctra Perivolaris. A Wave ol Volces wlll receive 11$ prèmioro at Love Unos in December 2024. Later in the season, a new work by Robin Haigh will be premiered at the Sound Outl Schools ¢oncgrt (March 20251 and Hldden (April 2025) will see the world premlere of a commlssion from Lauience OsLxsm (supportèd ty CLhS(ayne- Grantfor the Arts: a cb)nor advised lund h8kl at The London Community FoUr￿atiOn1. The sam6 programmg will feature the UK premt6r8 of Hannah K￿darl,$ shouling forev8rinto the rncelver. nner of the 2023 Ivor Novello Award for Best Large En88mbl8 Work. New WO￿ creatéd and dovolopod through the organisation's Wn"&ng the Futur8 scheme becomes Ihe m•n Iccus in Humans (June 20251 wllh two new WOrf￿., Just for Todayby Pablo Marlln•2 and Conduit by Rocky Sun Keting. A further Wrlting the Future outcome receives Its premiere in September 2025. Ornrl Kochavl's Lathes in 8loomets explores pioneering femab gardoners and will be pgrformed in a communlty gard•n*)g spa08. Dlgithl ongagemonl The organlsa11on continues to release a raThJg of digital content to Introduc6 audlen¢8S to eomr#)sors and artists programmed in its m￿n season of concerts. Content released includes recording of a London Sinlonietta commission from rislng composer Eleclra P8rivolaris. and a remaster ol Samuel Bgcketfs experiment￿ televlslon Flay Quad. ￿rfOrMed in the {￿e9n Elizal)8th Hall in November 2024 part of Retracted Sound. Thls perlod will also see us bralnstorm, workshop arKI r6-shap8 our d￿lta1 strategy and content strand5 to bolster our new brand story, wh¢h we antt¢4)ale ￿ryI1 be ¢ompl$le by April 2025. STRUCTUR& GOVERNANCE AND MANAGEMEiir Legal 814lu$ Slnfonletta ProdLtcllons Ltd {worklng as the Loncksn Sinfoniettal Is reglslered as a Company limlled by guarant¢e (Company number 00926551) arKI as a Charity with the char￿ Commlsslon (Charfty number 255095). The Charity's Tnjstees, also Directors of the Company, are called the Council. Tha Charity was founded in 1968 arKI is govemed by Its Memorandum and Articles ol Association. Memb&rship of lh• Company consists of the ¢urrènl Dlrectors. Members are cTropted by the Council arKI stand for eleclion by the Members atthe followlng general meeting of the Company. Appolntment of Trustee8 A5 Set oul in the Arbclgs of Asso¢latlon. the numbér of Trustees shall b8 notlgss than fvo and shall not exceed 18. Thls Includes at least Iwo and no more Ihan four Trustees who are Prlncipal P￿yerS with Ihe London Sinlonletta. The Trustees can c(popt athltlonal Trustsès who will $L￿d for formal apwlntment at Ihe subs¢qu¢nt goneral mo81irwJ. A skllls audlt of existing Tr￿te8$ is undgrtaken regularly to identify spe¢ilisl ski115 needed. All T￿￿e$ can nomlnale potsnllal new Trustass foreon$ld•rallon, and the Councll advertlse8 bllely for thèm as requlre A thlrd of Trustegs aro required to relire from offica at each Annual General Meeting and are eligiblo for r eleclion. Trustees can serv6 three twms of three years. a maximum of nine consecutive years, and retire by rolalion In accordance with the MiGles of A880ciatlon. An Inducllon F￿0¢e$S Is In place for new Trustees which Indude8 spendlng time wNh the Chalr and the Chief Execulve as well as recelvlryj rel8vant Inlomiation about the organisation and thelr responslbilitles as Company Directors ar￿ Charity Trustses. The Councll of Trusta$s maets al16asl lour ttmas a year and Ihey are encouraged lo attend the organlsation's programme of ¢on¢erts, events and pro1￿ts. Trustees also s5t on t#)ard commiitees and may parbcipate in ad wr￿￿rtg groups Invofving the management team where they can brlng advke to particular areas of the opera￿On. Trustees are also enCoUr￿ed to attend 8pwoprlat8 18 Sinfonietta Productions Llmlted (a company Ilmlted by guarante8) axt8rnd training events where ltrwe fa(xMate thek role. In &mmer 2024 the board undértook a Board Self.Assessment to gaul an urKlersi*rfing of its streWtrB and weakn￿. The results of this exerrAse were presented at the Council meeting in Seplember 2024 aTrJ recommendations arising taken forward. The OTganl8atlon condnu88 to ensure that Is regukr rotallon of Tn￿lee5 In Ilne wlth rts goveming drKum8nts. A r8cruitmont rwrKI IC￿ new Trusto•5 In ￿mMer 2024 was Succes￿1, with on9 ngw Tnjslee expanolng the *ilL8 of the Board apwknted in 2024 arnl a further appointment In March 2025. Ullimate respJn• for Ihe CPArlty resls wilh the C(WJ￿7 of Tntslees. The Trnst￿ the year are Ostgd on page 3 and detalls of the Trustees. re5w￿￿￿￿tieS are sét OLrt on pago 20. The daY.t￿daY ruMiroJ of the (Kganisabon ￿ rnanapj by the CPaef Execulve & Artisti¢ Director. Andrew Burf(e. wothng c4osety with ts Gerthl Manager, Head of Finance. Head of CorKerts & ProdLKtion. Head of Participatlon & Le8ming S￿1 othèr members of staff to ddiver the Companys programme of work. Cfver the pedod, the C¢Jrnpany has had a team ol 8￿1 fulktlme arKI fow part-time salarfed staff memtws (on average) although the team ￿ is setto reduca intothg 202¥25 F￿rk)￿ Duetothe need to malntaln fiexibllity fdlowing the redLth in core NPO furnlro. severd staff members were knitFally rewitod on a temp(w fixed-lerm s. On8 ol ¢ontra¢ts was not when the f￿￿*t￿mI contract came lo an end tn Augusl 2024. Subsequenty Iwo empk)yees were mad8 redurKlant in Aulumn 2024 and remainlng roles were revL8ed In order to streamline the tsam fwthgr. We Con￿n￿ to use Ihg seryrces ol a freekn fundraw. folb#hvJ the loss of the fulktlme Devekynent Manager rde from the team. The Chiel Execthive is a member of the COU￿11 of Trustees aTwJ r￿￿1$ to rL as well as malntainww regular conlacl with the ch￿r. BUW are set bl tho Ch￿1 aThJ Head ol FIna￿e and ratifi•J by the Council. The organlsatth's SIAtegk AJMS and otlectN￿. revised for 2023.24. descrlbe 1he Company's Strateg￿ alms and amtsttons.. annual arkl thr￿year B￿lnesS Pkarts oullln8 aclfvlty In al areas. inchjding plannlw. pathipation and18aM￿￿. (Igitd woleCtsdevdown￿ financial ￿annIng and organlsallonal d0vol0￿￿L In ajl matters. thg C(yJrKil wogr6ss and thlivory ￿1n$t thg Business Plan aims. The Council has three Committees. The Finance. Rksk & COMM￿lee rr￿ts at least four Itmes a year to r8vi8w finanual ￿annIng and rgPOrtirrfJ in ¥fvanc8 of CoutKI meetings and to conSi￿r thè Organisat￿,$ ffinan¢i￿. strategiG and Operat￿￿￿ ri4( as well as Overviewti￿ cryliance in other areas. The Programme Stralggy Committee meets at ￿ast IwKe a year to revivw past and luture plans Irthlng those of our putlk eryagement programme. Lastty. the Incon* Generakn Cc¥nmittee mgets to considgr fundTwsing. developnent ol n8w income strèams and tA￿lnesS model innovallon. Olher a*hoc worklng grow)s are set L4> Irom time lo tim8 lo worf( on spea￿. sh(rt.twm FY0j￿￿. Third Paty 1ndern￿ty InSUra￿e was In force (Iwln9 Ihè year fry Ihg1)en8rrt of all Truste85fft1)irectors of the Charity and Ihe mantyement leam. The senior m8na9￿entteaM comwise the key manag8Th￿t Fwsonnel of the Charity. in chargg of directirrfJ andcontrolllng, nrning and cwatir¥J the Charityon adaY4￿daybaS15. During the yearended30 September 2024, Ihe soni¢y rnanagoment team weAe the Chief EX￿ & Artstk Dlrector. the General Manager, the Head of Flnarv. the Head of Concerts and PrOduCtk￿ arnl the Head of Partic*tion & Laarri￿. The romun8ration. alory wilh that of all stsff. is r8vivh*d and increased when appropriate. tthng into account affordability. infialv)n and market wathe. The r8wlarty b￿Khma￿ pay19vels agalr￿t oth chafilies of &milar size arnl purpose. No Trustees receNed remuneraii(x) durirvJ the exceptas aUthOrE￿ by the Company's Memorandum & Arllcles of A$￿￿8110n. Trustees recelve remurwation for ottw 5￿c9S provided to the Charity, th8s6 are det￿led under Note 12. During the year. this irKI￿led thg Chigf Ex￿#￿0 & Art18￿ Dtrector. one othgr Trusts• •rKI thr•8 19 Slnfonietta Productlons Limited (a C￿nY Ilmlted by guarante8) Report of the c￿ncIl of Tntstees (continued) srATEMEpif OF TRUSTEES RESPONSIBILMES IN RELATION TO THE FINANC￿ STATEMEKrs Lawl are reSpO￿tIe lor preporirKJ a T￿l￿98S, annud TetKYi and the financial statemgnts in pLcordanc• wlth appllcable law and United IQWM AcC￿nIN￿ Standards (Ger• Accepted AccO￿lIng PraGtiGe). Company faw rewires the TIL￿99$ lo prepare finarKtai stalemenls for each financlal year wh￿h give a true and fatr vi9w of tho State of affwrs of the dwith CIXnp￿ and of the suWus or deficiL profit or loss of the tharita)le company for that weparing those ffinwKial sktgments. ts Trustees are reqjwgd to: selecl suitable acxounlTh3 polkles aThd then them C¢￿$10n￿. epare the finarri￿ slatementson the gowvJ CO￿Orn bas&8 un*s1118 Inat4Ywlateto wesuma Ihat the company will c0ntirtL￿ in t￿￿#￿s. The Trustees are also reS￿￿￿e for keoplrvJ wrper ￿Urrt1￿j records whkh alsd058 wlth reasonablè accuracy at any Ilme the finaTrial wJsitM)n of lh8 charlabla (>>n4￿ arKI enat49 them to ensure that tho financlaf Slatements comFdy wlth the Compams Act 2006. ￿Y are also responsible for salgguarding tho assots of th& ¢hariiabk ¢ompary ard hence for tsking reasonth steps for the prevention and detgction of fraud and othw irregularities. infO￿ation Inclu￿ on tho clwiV$ Th*bth. So lar as the Tntstees are aware. thore is rn relevarta￿lI1 infomMllon Onfomlation ngeded bythg company's atsjitss in ¢onn¢ction wilh weparlry thetr ryrt) of whkh the ¢CAnpan￿$ aud1c￿$ are unaware, and each Tnjstee has taken all the steps that he oWt to have lak8n as a Trustee in order to make hwnsell awar8 of relevant a￿lIt wiformatiM arnl to eslablsh that ts ￿n1￿Y'S audrti)ts are war8 of that Inlormatlon. Audltors A Resoluuon ￿11 be pla￿1 b¢lorethe Membws atts Annual Germl MeeUrKJ to apwove the reappoinlment This ReporL relatiry to th8 PWICKI 30 2024. was awrovgd by lh• of Trustees on 1 May 2025 arKI signed on their Lwhair ty: F Th¢mpgon Chabr of the Tntstees A Burk• Sinfonietta Productlons Llmited (• company Imlted by guarantse) Independent Audltors, Report to the Members of Slnfonl8tta Productlons Umlted (a company Ilmited by guarantee) Oplnlon Wè have audited Ihe accounts of Slrthigtla Limitsd lor thg year ended 30 Swèmbgr 2024 wthlch comwls• lh9 Sta19menl of Fu)anc481 Actp1i￿. th8 B4an¢e Shoel the Statement of Cash Flows and Nolos to tho accounts, Incl￿Ar￿d a summary of slgnrfkant accounting P￿k￿&s. The financial reportlng framework that has apFli8d ￿ tr￿11 woparatson is a¥¥icable Lqw and Uni18d Kirwdom Accounllng Standards, Indudng FRS 102 Thg Final￿la1 Standard amI￿able in thg UK arml Rqjublk of Ireland (United Kllwd￿n Gener• kcept&Y Pxi>unllNJ Prxknl. In our (Wrlon ts aGcounts: gfve a In￿ and lalr vl•w of thè ststè ol Iha thwit•t4• affalrs a8 al 30 Septembor 2024 and ol its M?mlng resourc8s and aFplulon ol rosowces, bwme arKI expeTh161ure, lor lh8 yoar then er¥Jed: Pracllce., arKI ha￿ been prepared kn &cOrd￿ th• rowtromonts ol lh• C ropyl Thi this regw 21 Slnfonietta Productions Llmlted (a company Ilmltad by guaranlee) the informatlon gSv8n In Ihe Chair of Twstees and CourKII ol Tru8te8s R¢ports, for the flnanclal yoar for whlch the aCC￿Jnts are prepared Is conslstent with the accounts; and the Chair of Trustees ar#J CounGil of Tru8tee$ ReFQrts have been prq)ared in a¢¢NdTh wilh Ilicable log￿ requlrements. ￿￿•r5 on whlch we are reqUIr￿ to report by oxceptlon In the light of Ihe knowledge and understanding of the Trustse5 and ts envlronment obtsln•J In tho ct)urse ol the aLtdit. we not idgnlilied material misstateménts in the Chair of Tru$le¢$ and c￿￿nCIl ol Trustses Reports. We have nothing to rewrt in respect of the lollowlng matters in relauon lo whtch th8 Companies Act 2006 r¢qLures us to rewl to you if. In our opinion: adequate ￿QU￿tIng Tecords havg not been kept QT relums thquats for our a￿11 have not been rec8lv¢d from branch•s not Visit￿ by us: accounts arè not In agreement with the accoUn￿n9 records and returns; cert￿n dlsclosures of tru$tses' remunerailon ¥ecified by law are not made. or we have not received all Ihe Infomwtion arbj 9xplanations we requlre lor our authl. Responslbllltle8 of Trnglees As exrAaln•J moro fulty in th• Statemènt of Chalmw)'s And Trustees, Responslblltlles. the Chdmwi and Trustees responsible for the preparalion ol the accounts and lor being salisfiod that they give a true arKI f&r vlgw. and lor such intemal control as thè Truslees delemiine is necessary to onabl8 the pr8paralion of accounts that are free from materlal misstalernent, whether ¢kn to fraud or error. In preparing the accounts. the Trusteos aro responslble for assessing the charitablo compan￿$ abTlity lo conllnue as a going concem. dlsck)slng, as applicable, matters rolaled to going concern and using Ihg golng concem basis ol accounting unless Ihe Trustses either intend to liquidate Ihe company or to cease operatlons. or have rlo reallsttc attematlve bjt to do so. Audltorfs Tospon8lbllltle8 for tho audlt of tho flnonclal statemonts Our objecllves ar6 to obtaln r&qsonable assurarK8 aboul whether the aacounts as a wholg are free from matsrial rnis¥tatem¢n( whether due lo fraud or error, and lo issue and auditor's report thal includes our opinion. R8asonab18 assurancè is a high level ol assurance, bLrt is r¢ot a guarantee Ihal an audit conducted in accordance with ISAS (UK) w711 alway$ detect a malerlal mlsstatsmenl when it exlsts. MEs8tstements can arlse from fraud or error and are considered matsrHI11. indmdually or in Ihe aggregate, they coukl reasonably be oxpecled to influe￿6 Ihe economie dèclslons ol users taken on the basis of Ihgse accounts. A further dewiplion ol our rosFKJnsbilili•s for the audlt of the accounts Is locatsd ￿ the Flnanclal Reportlng Gouncil's webslte al.. httpJAwM.trc.org.uk/audilorsresponslblliti8& Th18 desCrfp￿0n fornis part of our auditor8 reporL Exptsnatlon a$ to what oxtant lh8 audltorwas ¢onsldor•d of deta￿1￿9 Irvogularfll•s Includlng fraud Irregularities. Indudlng fraud, are Irtstsnces ol non-compllance wllh laws arKI regulatk>ns. We deslgn pro￿dur0$ in lin• wlth our responsibilitles. oudlned above. to detgct material misstatements in respect of Irregularities, incluthng fraud. The extent to which our procedur85 are capable ol dthting irregularilie$, Includlng fraud18 detwled below. AS part ol our plannlng of the audbt woth required wg obl￿ned an understandSrKJ of the legal and regulatory frameworts that are appllcable lo the entity via enqulrle8 of the company's management, cthed out analytical P￿￿ed￿r•s, held dlscusslons amongst the erKJagement team and uslng knowledge of the sector d•t•rn)Ined that the most slgnlllcant laws and regulatEon are those Ihat relate to.. The Code of Fundraising Practice. Thè Charillas Act Health and safety regulations. The Safe9L￿rdi￿g of Vulnorablo Groups A¢1 2006. Employment law includkng rfght lo work In the UIQ Oata Prote¢tlon Laws IGDPRI UK Tax leg181atlon Sinfonietta Productions Llmlted (a cornpany Ilmlted by guarantee) We also ¢on8ldered thoso laws and Tegulalions that have a direct Impact on the praparallon ol the financlal statsmenls Such as Charities SORP, FRS102 arKI thg Compani88 Act 2006. Based on the results of our rlsk assessment we desEgned our audll w¢¢¢dures to Id9nllfy nanw *Y23 2023 404J78 58,415 52.135 244.210 456.513 302,625 Tr￿1$ and FouTrlations Donallons and 1nd1vi(￿ LI Total 31 611402 ￿425 Total Totri 2023 l)hiVcryomoUon8 IUKI Engagements (UK) Engagements l¢knl- So0 Noio 6 ParU¢lpallon and Loarnk Dlgltal wohects Total 81.283 67.775 62,347 19.687 109.191 61,505 69,354 24,099 Oth•r Incom• Totsl To141 2023 129006 Total Other In￿rn0 IrKILKl8s funds r•cahed as a ar#Y Thoatre Tax Flgfjef clalms. G•ograph1￿1 annly•l• ol Obw•oa• Engag•M•￿ Inci¥ Tolal Eurq)ean Unk)n l EEA Rest ol wcffld Totsl 69,3S4 Slnfonletta Productlons Limited (a company Ilmlted by guarantee) Noies lo Ihe Accoun18 for the year ended 30 September 2024 Investment In¢om¢ All investrnent income arises trom interest bearing d8posf( accounts. Short4erm deposits shown on the Balance She6t are unllsted investments held In a COIF Charit18$ Dop)sii Fund and available at short noli¢e. Analygls of •xpondnuro Yoar 10 30 Septemb¢r 21)24 Dlrect Costs 2024 Support Co$ts 2024 Total 2024 2024 Cost ol raising funds OwnlctrpronKIUoM IUKI Olh¢r engagements (UK) OV9￿a5 gngaggmgnls Participatlon & Learnlng Composer commlssions & r￿W work Digilal projects Adverlising and publicity Fubjre Project Funds dlsbursgd 169,291 61.956 43.806 73.520 11.844 5.744 56.230 209,425 76,845 54,192 90,950 14,405 7,106 31.319 43.120 15.781 11.158 18,726 2,966 421.836 154.382 109.156 183.196 29.015 14.313 102.528 14.977 422.191 625.487 108.191 1,155.869 Year lo 30 SoPtomb•r 2023 Dlroct Costs Support Costs 2023 20rJ 2023 Cost of raSsHig Ownlctrpromollons IUKI Engagements {UKI Engagements Icfverseas) Participatlon & Leamlng Composer commissions & now work Dlgltal profvcts Advertising and publicity Fulure Project Funds thsbursed 167.659 33.T11 41.531 242,248 48,795 60,007 95,782 22,032 4,043 47.31 44,821 9,028 11,103 17,722 4,076 748 14,643 454.728 91.594 112.641 179,794 41,356 7.589 115.869 15.248 53.940 381,237 591,406 102.141 1.074,784 Totsl 597 1 155 925 Staff Costs and Support Costs ar• ￿loCated lo activities eithgr on an a￿al basi$ {wh¢re pos8lble) or ba8ed on the percentage of total Dlrect Costs that the aC￿ty accounts for In the year. In 2024 Support Costs Indudgs an unreallsed excharvje loss of £24912023: excTrwye h)ss of Slnfonletta Productions Llmlted (a company Ilmlted by guarantee) Notes to the Accounts for the year endod 30 September 2024 Total Totsl Wages and salaries Sociai security costs Pe￿on costs 427,349 32,036 391,098 22266 472.081 426,078 The a¥er&> rnrnb8r ol 8mF40Y￿ tr* year 12 (2013: 12). wxlwled ¢￿m lul tinw arKI four part.timg rybyees. The key management persomel for thè yoar wgre con5tdgred to be the Chief Exttutive & Artith Dtrect(Y. the General Manager. Ihe Head of Fina￿e, the Head of Concerts & Pr0dL￿1]on and the Head of Parttwon & LearrrirwJ. The total remuneration and pension c¢Jntritths to kny mamggment p￿Sor*￿1 of th8 Charity wwe £227.945 (2023: £220.814). No employee •xc•pt A￿Te￿ Bwkn. Chi8f Execxthe & Arti* Director (see Nots 12 bdow) re¢eived ern0kn￿ in excess 01 £60,000 In the year. to £12,696. Contribullons totalhYJ £2.165 were payth to ts furth at the year end arKI are Irduded in Creditor& 10. Support costs Total ¢quipThwt leases Other establishment costs Generd office expenses 34.183 18,345 32,594 30,944 1,248 11,800 32,43S 16,346 36,570 29.891 Doprocialion A￿J11(￿S rernuneralion 7,900 Govemance Costs of È5112412023: £49.164) are Ind￿ in Staff costs arKI SuFWrt costs which Irdude audlt186s as shown below. Govemance Costs are cab>Jlat•J based on an ¢￿Ir￿lon of staff 11. Audltorn Remuneratlon Total Totsl 2023 For awlt servw: A￿￿11 of the ¢crfnpanls knaal statem8nts 2.600 195 3,367 31 Sinfonietta Productlons Limited {a company lknlted by guaranta8) Notes lo the Accounts for the year ended 30 sept￿nber 2024 11 Trangactlons t•Ath TNstee¥ and Relthd Partles Trustees ￿eN￿l ￿ remuneration tkniro the perknd. oxcept as authorhed by th• Company's Mem¢xandum & Articles ol Asso¢iath)n. Thg Ch*t & Artistsc D[r￿lor and player membgrs were pth as fcAIows'. 2023 Andrvw Bu￿e mothy Gill Jonathan Morton Paul Si]verthoma Matk van do W￿1 Totsl 81,478 4,518 77.598 4.518 1,552 9,981 11.711 11,711 thile they were registered as Tntstees of the Clwity. player (Math van do Wdl was appointed during the year. Kathryn Kwht was also pa#1 £614 durirvJ year, foll(fi¥ing a Resolution whth was agre￿ by Ihg The Tr￿81eeS agreed Ihts payment havwy real the Charities commissK￿ gjidance arKI consulted Reimljjrsements to Tn￿le83 expenses (knirwj the year an￿ntsd to £60 (2023: £01. During the yoar £6.538 of donal1L￿ wer8 received Irom tho Trustegs (2023: £5.4781. The number of Truslees tt) wlN)m retirement bgnefits are xDebtors
Short term deposits
Cash at bank and in hand
Creditors falling due within one year
**Total Net Assets**|**Unrestricted Funds**
**General**
**Designated**
**£**
**£**
5,980
-
67,946
12,707
-
-
105,390
81,371
(45,662)
-
**133,654**
**94,078**|**Restricted**
**Funds**
**£**
-
259,250
4,378
6,091
(95,227)
**174,492**|**Total**
**2024**
**£**
5,980
339,903
4,378
192,852
(140,889)| |---|---|---|---| ||||**402,224**| ## **As at 30 September 2023** |Tangible fixed assets
Debtors
Short term deposits
Cash at bank and in hand
Creditors falling due within one year
**Total Net Assets**|**Unrestricted Funds**
**General**
**Designated**
**£**
**£**
946
-
60,064
80,922
-
-
128,298
48,156
(57,307)
-
**132,001**
**129,078**|**Restricted**
**Funds**
**£**
-
248,710
4,161
45,631
(87,827)
**210,675**|**Total**
**2023**
**£**
946
389,696
4,161
222,085
(145,134)| |---|---|---|---| ||||**471,754**| 35 **Sinfonietta Productions Limited (a company limited by guarantee)** ## **Notes to the Accounts for the year ended 30 September 2024** ## **19. Operating lease commitments** At the reporting end date the Company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: |Within one year
Between two and five years
**Total**|**2024**
**£**
876
1,574| |---|---| ||2,450| Lease payments of £178 (2023: £0) have been recognised as an expense in the year ended 30 September 2024. ## **20. Government Grants** Income from government grants comprises regular core funding from Arts Council England of £300,000 (2023: £404,378) as a National Portfolio Organisation and grant income of £169,558 under the Transform Two programme (see Note 3). The regular funding from Arts Council England is to support the organisation and its artistic work across all areas. The Transform Two grant allocated during the period is to support the organisation as it realigns its business model across the period up to March 2026, following a reduction in regular funding from Arts Council England from April 2023. ## **21. Company Information** Sinfonietta Productions Limited is a company limited by guarantee incorporated in England and Wales. The registered office and principal place of business is Theatro Technis, 26 Crowndale Road, London, NW1 1TT. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. 36