TRIANON MUSIC GROUP ANNUAL REPORT AND FINANCIAL STATEMENTS or the vear ended 30th April 2024
TRIANON MUSIC GROUP Allnual Report for the year eDded 30 April 2024 Contents Pages Report of the trnstees Independent examiner's report R¢¢eipts and Payments Accounts 10 Statement of Assets and Liabilities" Notes lo the COUnts 12 Reference alld admioistratRve details manageme Committee Simon Fisher Prof Christopher Green Carole Cowgill Richard Boother John Barratt Gillian Williams Maddy Rhodes Nigel Walker Clare Kelly Sue Jayasuriya Beverley Ruddock Gordon Hughes {Chatrperson) (Artistic Director) (Treasurer) Address." 24 Haughley Drive, Rushmere St Andrew. Ipswich IP4 SQU Re%isleTed Chority Ivumber.. 276715 IndependenlEraminer.' P J Keeble, ACMA 5 The Cambria. Key StreeL ipswich Suffolk IP4 IFF Bankers." Barclays Bank plc. tkicesler LE87 2BB
TRIANON MUSIC GROUP Allllual Report for the year ended 30 April 2024 The Management Committee present their repkn for the year ended 30 April 2024. Constithtion and Mallagemettt The affairs of the Group are managed by the Managem¢nt Committee. who are also the Truste¢s, in accordance with the Constitution adopted on 26 Scptember 2008. The membe of the Management Committee during the year were: Simon Fisher Chairpet3on Re-elted Artistic Director 20 October 2023 Christopher GTeen Carole Cowgill Richard Boothcr Re-elected 20 (ktober 2023 Treasurer Re-elLXt¢d 20 October 2023 Publicity Officer Choir Sccretary Choir Representative Choir Representative Orchestrd Secretary Orchestra Representstive Orchestrn Representativc IAA Representative Friends Representative Re-elected 20 October 2023 20 (ktober 2023 John Barrdtt Re-elected Re*le¢trd Gillian Williams 20 October 2023 Maddy Rh(Kl¢s Nigel Walker Clare Kerry Sue Jayasuriya Beverley Ruddock Gordon Hughes Elected Re<l¢ded R¢<le¢ted 20 (ktober 2023 20 Octob¢r 2023 20 October 2023 Re<lected 20 (ktober 2023 lie<lect¢d Elected 20 Octokr 2023 20 October 2023 Vacant Position Vice Chair Vacant Position Vacant Position Administrator Recruittnent Officer Management Committee members are elected on an annual basis at the Annual General Meeting. At an Extraordinary Generdl Mccting held on 12th September 2001 it was agreed that the Annual General Meeting should be held withtn 20 weeks of the end of the financial year. which it was further agreed should become 30th April in ¢a¢h year. Responsibiliti of the Management Committee I'hc Managemenl Conunittee, &s Trustees of the group, atr responsible under Charity Law for th¢ preparation of fmancial statements which give a true and fair view of the state of affairs of the group and of the sutplus or deficit of the group for the accounting period. In preparing the statem¢nts the Committee is required to:_ Select suitabl¢ accounting policies and apply thetn consislentty Make judgemcnts and estimates that are reasonable ond prudent Comply with applicable accounting standards
TIUANON MUSIC GROUP ADnual Report for the year ended 30 April 2024 (Continued) 11)e Committee is responsible for keeping proper accounting records which disclose with reasonable accuraev at any time the financial w)sition of the group, and are responsible for taking reasonable steps for the prevention of fraud and other iTr¢gulaTsties. Objects, Organisxtion and Adivities The group was fomied to further the education of the public. particularly young rSOn4 in the art and science of music by the presentation of concerts and other activities. Th¢ orchestrd has been in existence since 1959, whilst the choir was fornied in 1964. The group 15 unusual in that it comprises of an orchestra and choir of over 200 vnembers. Over the years the average age has increased, covering a wider range of ages, but still attrncting rnemrs in their teens Public Benefits The Iruslees have paid due regard to guidance given by the Charity Commission on Public Benefit tn dcciding what activities the charity should undertake. During a nornial y¢ar: the activilies undertaken to achieve the aims of the Group are- 3 Major Concerts each year involving the full Choir and Orchestra organised by the Group as ticketed events for the general public at venues with a typical capacity of 700 seats. 4 CommuDity Concerts each year involving a small group of players and singers at events organised by other chariti¢s lo help them rnise funds for worthy ¢auses. Musi¢ Study Days typically held once every 2 years to educate its members and others from similar musical organisations. UK or foreign Tours typically held every 3 years involving a small group Orni1ng a number of concerts oler 3 days at selected venues and i)¢casionally in conjunction with similar l(Kal owisations. Perfonnances at Local Major Music Events by other Organisations. Our Bursary Scheme which supwjrts memlws in furthering their musical education. Review of Progr and achievelljents In this year Trianon perfornied a full season of three main concerts plus three ciymmunTty concetts and hosted a musi¢ workshop on Puccini's Messa di Glori The first two main concerts were perforni¢d in Sept 2023 and Jan 2024 at Ipswich Corn Exchange. The third was in April 2024 at St John's Church Cauldwell Hall Roa¢ Ipswi¢h. All three wncerts attracted positive feedback from review¢TS and the Group attracted sponsorship for all three major conccrts from Ass(Kiated British P(rt Ipswich Rotsry and the Friends of Trianon. The memkr5hip lists currently stand at 95 choir {37 &)ps.28 Ahos I l Tenors & 19 Bases) and l 01 orchcstrd. Cholr section numbers continue to rdise Concern because often members cannol commit to all concerts or rehearsals and therefore singers from other chotrs are increasingly having to be called upon in order to meet the numbers required for a perfonnance. The orchestra also has to manage the availability of players but in gencrdl has been successful in attrdcting new membets.
TRIANON MUSIC GROUP Aonual Report for the year ended 30 April 21124 (Continued) The comiTtg year will see us exploring new ideas for strengthening key sections. Failure to strengthen however will impact the scope of music the Group can perform. Itk addition to the main concerts, the Group received invitations to EOrni three Community Conc¢rts in Suffolk, and each attracted good audi¢n¢¢s who were generous at denoting money tO.8rd$ their host's worthy causes. Due to illness our Artistic Direclor Emeritus Professor Christopher Green OBE was unable to conduct our three main concerts, atKI wc are exlremely grateful to the conductors (listed later in this report) who willingly accepted our invitation to take up the baton. Throughout the year the management team has continued to meet regularly (using vide(xonfer¢n¢ing) to ensurc due diligence in the operdtion of th¢ charity, 2nd greater use is being made of emailed newsletters and the Group's website to keep memlKr5 informed of activities. We continue to monitor and tninimize the costs of issuing communications to members (Trianon News) and othcr administration costs, and this allows us to keep memlKrship subscription rate5 amongst the lowest in th¢ region. Financial sUIts for the year showed a net deficit of £3,322. as opposed to the adjusted net deficit of £1.221 in the previous year. Major Concerts Our Seplember 2023 concert was titlcd 'The Gift of Music. and perforn]cd at Ipswirh Corn Exchange. This conccrt was pcrformed in celebration of Chris Green's 8(Y birthday year, but due to Chris bcing unwell: it was conducted by guest conductor Antoinc Mitchell. Th¢ soloist was Margaret McDonald and the sponsors were ABP (Asso¢iat¢d British Ports). The programme tncluded music selected by Chris as having special s&gnificance to his life and ancestors. Music includcd:_ William AlTrvyn John Rutter Eric Coate FaTRfare for a Joyful Occasion The Gifi of Music Springtime in Agnus (The Three Elizthths Suite) Sailing By {Pary: I was Glad) Little Suite Nol. Desertlsland Choi¢¢ (new work) Rule Britsnnia The Music Makers Ronald Binge Malcolm Arnold Andrew Burke Thomas Arne Edward Elgar Ticket sales wetE lower than had been hotd for. This and guest conductor fees resulted in a net deficit of £3,170. Our January 2024 ¢on¢¢rt was at the Ipswich Corn Exchange. sponsored by Rotary Ipswich and titled Ne Year's Musical Revels. This concert Was conducted by Chandra Grover, Stephen Hogger and Andrew Burke.
TRIANON MUSIC GROUP Annual Report for the year ended 30 April 2024 {CoDlillued} The concert presented a light-hearted progrdmme to welcome in the Nem, Year, and the audience were presentcd with numerous hummable and singable tunes . The music inclllded:_ William Walton Wbai cheer Rejoice and IK Merry Sleigb Ride Wassail Song W&ssail Dances Ain't Misbehavin. Bugler's Holiday M¢ and My Girl Medley arr. More R(Klgers and HammeTStein John Rutter Leroy Anderson Vaughan Williams Philip Lane Fats Waller Leroy Anderson Furber and Gay Andrew Burke This programme of familiar music Ivght out a livety and confident perforniance by our players and singers. Ticket sales totalled 441 geTJerdting a surplus of £1.774. Our spring concert in April 2024 was titled From Italy with love and conducted by guest conductor Stephen Rumsey. The venue for this concert was St John's Church Cauldwell Hall Road Ipswich and it was sponsored by the Friends of Trianon. The progrdmme featured..- Antonio Vivaldi Gloria (opening Chorus) Overture: The Thieving Magpie Bell Chorus (Pagliacci) Intemie720 Cavalleria Rustica Chorus of the Hebrew Slaves (Nabuc¢o) The Mission- Gabriel"s Oboe On Earth as it is in Heaven Pines of the Appian Way Gioachino Rossini Ruggero tEoncavallo Pietro Mascagni Giuseppe Verdi Ennio Morricone Ennio Morricone Ottorino R¢spighi This concert marked a welcome return after several years to a gr¢at fOnanCe venue, and it attracted a go(xl size audien¢¢ with 249 tickets $Id. the best April concert att¢ndatKe since 2019. The concert recorded a deficit of £1.777. after accounting for guest conductor fees.
TRLiNON MUSIC GROUP Allnual Report for the year ended W April 2024ICon¢inued) Trianon in the Community The Trianon in the Community Pn)gramme continued to offer other charitAble organisations the oppottunity to raise funds for thcmsclvcs through concerts given by singers and in5trLunentatists from the group. In this year Trianon perfornied three community CO¢rtS. The events were as follows:_ May 2023 St Thomas's Churcl Ipswic Suffolk In ald of the church. Nov 2023 Museum Street Methodist Church. Ipswich, Suffolk In aid of the church. Feb 2024 St Margaret's Church. Ipswich In aid of the church. Funds raisd £750. Furthemore. Trianon also took part in July 2024 in th¢ annual Ipswich Music Day. Puccini Workshop In April 2024 Trianon hostcd a WOTk5hop which explord Puccini's life plus an introduction to his Messa di Glori4 which was to be perfornied in Trianon's main mid-jear concert later that same month. The day was open to all and attra¢ied jusl over 60 participants from a number of choirs and orchestras from acTOSS East Anglia. The day was deemed a great su¢¢ess in both learning aix)ut Puccini. but also generdl networking tween individuals and music group5, There was a net surplus of £127 for the day, and this was used to S off some of the April concert deftcit. Scholarship for School Age Students One of the prime objectives of 'frianon is to introducc and SUPE young players and singers in th¢ir musical education and offer the experience of joining our svmphony orchestra or choir to perform a wide varÉety of music at som¢ cracking ertu¢S. For many y¢ar5 Trianon has opernted a bursary scheme that offers financial awards to help meMrS of any age with the costs of their musical education (full-tim¢ or short COUTses). To compl¢ment that scheme, we launched in May 2023 our scholarships for school age students. These scholarships will support any school_age studeni by funding their annual Trianon memt*tship fee and allow them to participate in the full range of concert events.
TRIANON MUSIC GROUP Annual Report for ¢he year ended 30 April 2024(Continued) Finances of the Group The financial results for the year are sbowTr in delail in the indepxndently examined accounts which form part of this report. The policy of the Management Committee is to cover the costs of Concerts for each season from ticket sales and sponsorship. and to cover the cost of administration from subscriptions. The accounts have been prepared under the Re¢eipts and Paym¢nts method. which summaries bank transactions during the year. The group Ttmains financially strong, despite the deficit made during the year. The General fund showed a decreas¢ of £4.588 over the previous Yr, but the balance w&s still nearty £24.000 at the yedr end. Income (excluding concert income) included subs, progrdmme advert income. a gift aid claim. donations received: somc residual anniversary bk sales and bank ond investment income. Subscription rates were increased for 2023r24. resulting in over £300 additional income. Expenditure included Trianon News exn$¢& subscription& insurdnce, website, travel and other administration expenses. Stornge costs of £1,600 were paid during the year, covering this and the previous year. (None were paid in the 2022123 year.) The Bursary fund showed a surplus in th¢ year of £402. No bursaries were paid during the year. income from inyestmenls was £541. but there was a decrease of £239 in the value of inv¢stments. There was no movem¢nt in the Tour Fund during the year. The Patrons Fund increased bv £243 in the year, to £13.008. Friends subs income was £743. and the Friends sponsored the April 2024 concert with £500. The Angela Chaplin fund increased by £622 interest ¢1ved. to £21,984. The balance sheet remains very strong. with total funds of £96.825.. Reserves poli The charity's reserves and its policy aTC set out as follows: Balances a 30thApril 2024 (all unrestricted funds)
TRIANON MUSIC GROUP Annual Report for the year ended April 2024(Continued) Desi Patrons fund nated fund5 13,IKb8 24876 11.196 Bursary fund- capital Bursary fund- in¢ome Tour fund Angela Chaplin Fund 72,952 General fund Total 96 Unrestricted funds are availabl¢ for us¢ at the discretion of the trustees in furtherance of the genernl objectives of th¢ charity. Designated funds are UnrtriCted funds earniatked by the tTUSte¢5 for particular purpos¢s. Restricted fund5 are subjected to restrictions on their expenditure itnp05ed by the donor or through the nns of an apFKal. There are no restricted funds at presenL The purwJs¢ of each of the designated funds is as follows: Patrons, fund The Patrons fund comprises Subscriptio and donations frovn friends and patrons which are used for Special events and projects decided by the manag¢m¢nl wnmittee. Burs Th¢ capital fund generates income from investments which is used to provid¢ bursari¢5 to suitsbly qualified members to enable them to continue 2nd develop musical education. fund Tour fimd The tour fund is used to recover costs of oveiseas touts from thos¢ participating. or for expenditure incurred in hosting overseas music groups visiting on their touts. Any surplus will b¢ led for generdl ¢xp¢ns¢s of tuture iours. An ela Cha lin fund The Angela Chaplin fimd was a b¢quest reccived in August 2012 from a fornier choir member. The group are actively Seeking ways to spend this appropriately Poli In the Monagement Committee's view, the reseryes should provide the group with adequate financial stability and the means for it to meet its charitable objectives for the foresceablc tre.
TRIANON MUSIC GROUP Anllual Report for the year ended 30th April 2024(Continued) Contingencies which may arise include la* minute ¢ancellation of major covtcerts (this Curred in January 2022 du¢ to the Covid 19 pandewnic, and in January 2010 due to bad weather). paying guest conductor's fees in the event of the Artistic Ditrctor's illne&s, storage costs (the current musical director does not charge for his services and provides stornge for music and instruments at relatively low cost), and the costs of replacing musical instruments. The trustees have established a policy whereby unrestricted fimds not already designated should represent at least 12 rnonths of nonDal operdti(mal expenditure, or approximately £24,000 in the year to 30" April 2024. At this level, the trustees are confident that the 8roup would be abl¢ to cary on its a¢tivitie5 in the event of a significant shortfall in in¢ome. The trustees will review the amount of rescrves requireil on a regular basis at manag¢ment meetings. Risk a&se&sment The Management Committee has not adopt¢d a fonnal Risk Assessment Policy. It is considered that the main risk areas are:_ (a) Public Llabtlity claims arising from concert activities, and (b) Cancellation olcon¢¢rts in respect of which COMltMents have been made. Both of these areas are the subject of insurance arranged through Making Music. fornierly known as The National Federation of Music sletIes. {¢) tA)ss of Suitable and affordable venues. The gr()up is a member of Ipswich Arts Association which takes an active rol¢ ill safeguarding the interests of the group and other groups with similar interest& Investmeut Policies The investments are r¢gularly reviewed by the Chairperson and Treasurer. Cash fund surpluses ar¢ held in interest bearing acwunts Whe appropriate. By direetion of the Managemettt Committee Simon Fisher Chainnan
TRtANON MUSIC GROUP out on Foges 10 to 12. that an a111 i8 wired for thts y¢ar utthr scdirm 144(2) of the QATities A¢t 2011 (the 2011 Act) It is my rC5wlbllity to: aminethe xc(Mmts w¥knsection 145 of the 2011 A¢" to follow the laid down in Ihe gentrdl diredioo% giv by ts Cty COLUM10 section 145(5Xb) ofthe 2011 A¢ and Bas ofinde[&t rei C(M))AniSSiOTKfs. An examin10 irKIth a Thi¢w of thc acC(Mwtfft k¢pt by the clwity and a and consequently Opillioll is 8iveo as kn whth the presaÉ a'tr fair view, aThl Ihe reFth is limited to th( m2ttss set ID bdow. to kw rOrth in with 130 ofts 2011 A and P J Keeble ACMA 5 The Camlri Key Stte4 I1c Suffolk IP4 IFF 21)th October 2(r24
TRIANON IIIUSIC GROUP Receipts and PaymeDts Account for the year euded April 2024 Total 2024 Unrestricted Total 2023 Unrestrictsd INCOME Donations, Legacies and Grants Subscriptions Concert income: Tour fund income Other income: 187 3,424 12,997 253 3,101 18.770 19,204 406 1.010 Investment income: Dividends received Interest received Total incoming resources 308 2,340 20,266 308 1,065 43.107 Total 2024 Unrestricted Total 2023 Unrestricted EXPENDITURE Concert expenditu. Tour fund expenses Bursaries Support costs-. Office Costs Donations Other Expenses Independent examination fee Workshop Fees Totsl expenditure 17,540 19,787 18,968 3,196 175 390 23.349 165 42,116 Net outgoing Resources for the year (Decrease) in unrealised investment gain Balance blfwd (3.083) (239) 100,147 991 (2.212 101,368 Balance clfwd 96,825 100.147
10 TRIANOIY MUSIC GROUP Statetnent of Assets and Liabilities as rdt 30 April 2024 30 Aprll 2024 30 April 2023 Cash funds Barclays Community account Barclays Business Tracker accounl Nationwide fixed rale 1 year savings account Nationwide savings account Cash 4,426 10.124 37,203 22.922 722 10.217 10,004 35,939 22,300 20 75.397 Investment assets Al original cost Unrealised investment gain 78,480 13.897 279 13,897 518 14.176 Assets retained for the charity's own use Musical instruments {bcx)k value at 1151181 Office Equipment {cost) 14,415 6,752 500 6.752 500 7.252 Current Assets Three Counties tour expenses paid in advance 7,252 Liabilities Three Counties tour income r1ved in advan Net assets 96,825 11)0.147 These aetoullts were approved by tbe Management Committee on 20th October 2024 and signed on its bebalf: Simon Fisber Chairrnan Carole Cowgill Honorary Treasurer li
TRIANON MUSIC GROtrp Notes to the accounts for the year ended 30 April 2024 nrestricted funds at 30th A ri12024 2024 2023 General fund 23.873 28,462 nated funds Patrons fijnd Angela cha1n Bursary fvnd Capitsl Unrealised Investment gain Income 13,008 21,984 12,765 21,362 24,597 24,596 279 11,196 518 10.556 36,072 35,670 Tour fvnd Add.. Tour expenses paid in advance less received in advan of Oct 22 tour 1.888 1.888 1,888 1,888 Totsl funds 96.825 100 147 12