Trustees. Annual Report for the period
Period start date
Period end date
From
01
09
2023
31
08
2024
Section A
Reference and administration details
Charity name
The Society of Recorder Players
Other names charity is known by
SRP
Registered charity number (if any)
282751. SC038422
Charity's principal address
50 Forehill
Ely
Cambridgeshire
Postcode
CB7 4AQ
Names of the charity trustees who manage the charlty
Trusteo narne
Offlce {If any)
Dates a¢ted If not for
whole year
2019 to 21. March
2025 when
resi
ned
Resigned 22nd
March 2024
From 22nd March
2024 to 2029
Name of person lor body) entltled
to appolnt trustoo Ilf any)
James Grant
Chairman
Annual Conference
Valerie Giltrow-Tyler
Secretary
Annual Conference
Elizabeth Bassett
Secretary
Annual Conference
Erica Crabtree
Treasurer
From March 2021
to March 2026
Annual Conference
Penelope Clarke
Membership Secretary
Branch representative, and
Insurance Co-ordinator
From March 2018
to March 2026
From March 2022
to March 2027
From March 2022
to March 2027
Annual Conference
Jill Taylor
Annual Conference
Stephanie
Sutherland
Branch representative, and
Training Co-ordinator
Annual Conference
Deborah Nicholas
Branch representative
From March 2021
to March 2026
March 2023 to
Jul 2028
March 2021
Terminated March
2024
From March 2024
to March 2029
Annual Conference
Rodney Callow
Branch representative
Co-opted July 2022
Samuel Constable
Branch representative
Annual Conference
10
Pamela Flanagan
Branch representative
Annual Conference
Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name
NIA
Dates acted if not for whole
ear
Names and addresses of advisers (Optional information)
e of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)
Section B
Structure,
overnance and mana
ement
Description of the charity's trusts
The Constitution of the Society, and the Rules of the Society, as adopted
on 16 August 2020., modified 31 March 2022; and further modified 31
March 2023
Type of governing document
How the charity is constituted)
Association
Trustee selection methods
Officers and trustees are elected by the annual Conference for a 5-year
term.
Additional governance issues (Optional information)
You may choose to include
additional information, where
relevant, about:
policies and procedures
adopted for the induction and
training of trustees.,
the charity's organisational
structure and any wider
network with which the charity
works.,
• relationship with any related
parties.,
Trustees, consideration of
major risks and the system
and procedures to manage
them.
Trustees are elected or re-elected by the annual Conference and before
being first elected must declare that they are not disqualified from serving
as charity trustees. Those newly elected are made aware of the Charity
Commission's guidance on the roles and responsibilities of trustees.
The Trustees form the central Committee, which meets approximately 6
times a year. Two SRP Trustees attend the Society's Walter Bergmann
Fund sub-committee which awards grants to support young recorder
players. Other key activities, such as workshops, and the SRPIMoeck
Solo Recorder Competition, are managed by individual named post-
holders, responsible to the Trustees.
The Trustees are advised by two of the SRP Musical Advisers, who
attend Trustee meetings in rotation.
The Society has 48 geographical Branches throughout Great Britain and
one in Ireland, plus personal members who are not members of a
geographical Branch. The Branches in Great Britain and Ireland organise
regular meetings weekly or monlhly for group playing, and one or more
Branches jointly organise the Society's annual Festival.
The Society also has 33 affiliated groups, such as recorder orchestras
and bands.
The activities of the Society carry only a slight risk of major unexpected
expenses, adequately covered by the reserves and insurance. The
Society has Public Liability, Employer's Liability, Professional Indemnity
and Trustee Insurance.

Section C
Ob'ectives and activities
The objects of the Society shall be the education of the public in the study,
practice and appreciation of the art of music and the allied arts and in
particular (without prejudice to the generality of the foregoing) the
promotion of the education of the public in the study, practice and
appreciation of the recorder and its repertoire.
Summary of the objects of the
charity set out in its governing
document
Any person who agrees to abide by the Rules and pays the annual
subscription to the Society (nationally £25 individuals, £37.50 households
and £10 for young persons under 30 and people in full time education),
plus a sum to cover the costs of any local Branch(es) they join. may
become a member and attend Branch and Society meetings. Each Branch
is entitled to a subsidised visit, sometimes called a Pastoral Visit, each
year by a conductor from the Society's Panel of Conductors. Each member
receives the quarterly publication The Recorder Magazine. which includes
some pages of Society news. Visitors are welcome at Branch meetings.
The Society organises and subsidises training workshops in topics such
as baroque music and dance, conducting, technique, theory and unbarred
music. Attendance is open to ALL, members or non-members, for a fee of
£15 for most workshops, and £17 for the Advanced Conducting Workshop.
Face-to-face workshops run for a minimum of 5 hrs contact time. On-line
workshops were introduced during the pandemic, and remain available at
£3.00 per hour, per participanl.
The Society's Walter Bergmann Fund, named after one of its founders,
awards grants to young people under the age of 30, born or studying in the
UK and Ireland, to support their development as recorder players.
These grants can be for the purchase of instruments, lessons, attendance
at courses, entry to competitions, educational activity promoting recorder
playing etc.. and are available to qualifying groups as well as individuals.
Awards are subject to applicants providing evidence of financial need.
Summary of the maln
actlvltles undertaken for the
public benefit in relation to
these objects (Include withln
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on publlc
benefit)
The Philip Cole Bursary, named after a member, is available to be used
for workshops in schools, or travel of prize-winners to the SRPIMoeck
competition's final recital, on the recommendation of the WBF committee,
Other grants are given from time to time to individuals or groups when
these would further the objects of the Society.
The Society organises and subsidises a biennial international solo
recorder playing competition for young players at the London International
Festival of Early Music. with support from Moeck. The competition is held
in odd-numbered years, with the winner giving a public recital the following
year.
Each year the Society host a weekend Festival (usually but not always
organised by one or more branches). In most years there is also a one-day
Scottish Festival. These Festivals are open to everyone, whether Society
members or not, and include conducted recorder playing sessions,
recitals. workshops and other activities. Instrument and music shops
attend to enable participants to see and buy items to enhance their
playing.
The organisers of each SRP Festival commission a piece, often with a
local theme, for first performance at the Festival, with copies for Branches

and affiliated Orchestras for further practice and performance. Branches
may also commission new music for special events, such as anniversary
meetings.
When appointed, Trustees, attention is drawn to the guidance issued by
the Charity Commission, including that on their roles and responsibilities.
In the opinion of the Society all its activities, including those described
above, are public benefits in accordance with the guidance.
Additional details of objectives and activities (Optional information)
You may choose to include
further statements, where
relevant, about:
The Society's grant making activities are described above.
The Society does not hold or rnake investments as such. All the funds
held by th8 Society nationally are kept in current or deposit accounts.
policy on grantmaking-
policy programme related
investment.,
contribution made by
volunteers.
Almost all the Society's activities are undertaken by volunteers, who can
claim reimbursement from the Society for expenses only. Professional
musicians may charge fees for conducting etc, but are not paid for their
service as trustees.

Section D
Achievements and performance
Summary of the main
achievements of the charity
during the year
The Society continued to promote the recorder as a serious instrument,
to encourage the raising of standards, and to provide opportunities for
learning and playing by members and non-members, through Branch
meetings, Playing Days and Workshops.
The National Society of Recorder Players Festival 2024 was held in
Monmouth on 22nd-24th March. The venue was.. Haberdashers,
Monmouth Schools,
Hereford Road, Monmouth, NP25 3HG.
158 players attended the Festival from the United Kingdom and Eire. 17
conductors led music from the Medieval period through to the present
day. There were three massed playing sessions for all participants and
three workshops on respectively,. recorder maintenance,
improvisation and playing from Renaissance facsimile. Miriam Morat
arranged Thomas Tomkins, (1572-16561, eleven-part piece. O Praise the
Lord all Ye Heathen, for the first combined playing session on Friday
22nd March. John Hawkes was commissioned to write a new piece for
the Festival, Cynulliad Trefynwy, (Monmouth Gathering). A flexible piece
for SATTB recorders with optional great bass, contra bass and Welsh
harp. Copies of this piece were made available to all SRP branches and
affiliated groups. Emphasis was placed on including less able participants
with stewards available to help with moving around the venue.
'Branches met regularly - some monthly and some weekly to play.
Branch members have also continued to benefit from the extra Pastoral
Visitor Playing Days offered by the Trustees, The Society of Recorder
Players provides financial support for these days including conductor
expenses such as travel and accommodation.
Fifteen Face to Face Workshops were held be￿een Sep 1$12023 to
31 st Aug 2024, and one Zoom Workshop..
Face to Face
20th C Music (1), Gabriella Canzonas (1), Byrd Fantasias (1), Klezmer
{1), Jazz13), Tudor and Stuart Dance (1 J, Conducting Level 2 (3),
Unbarred Music (1), Recorder Maintenance (1), GrO￿(h of the Blues(1 ),
Explore Folk (1)
Zoom
Variations on a Ground Bass
Various recorders belonging to the Society continue to be on long-term
loan to the National Youth Recorder Orchestras (charity 1153705) for the
use of participants in their training courses.
In addition, the Society awarded a grant of £3.000 to NYRO to support
its activities in 2023-24 and agreed to a further grant of £1000 for 2024-
2025
The Royal Birmingham Conservatoire (RBC) Spring Recorder Festival
was held in Birmingham in April 2024, with a full weekend of activities for
players of all ages and abilities. The emphasis was on promoting the
recorder. A grant from SRP of £1,000 was agreed towards the cost of
workshops and a concert for young players
Trustees also awarded £1000 to the Banbury Early Music Festival to fund
two recorder workshops and to contribute to the cost of a concert
featurin
recorders.

Section D
Achievements and performance
Jiyeon Bang was the winner of the 2023 SRP/Moeck Solo Recorder
Playing Competition and gave her winner's recital at the London
International Festival of Early Music in November 2024. The competition
and recital are held in alternating years and are organised by the
competition administrator.
The Society s Walter Bergmann Fund continued to give grants to
support young recorder players in financial need to purchase
instruments. attend courses etc. Most recipienls were teenage or college
students needing to buy decent instruments for their studies. The Fund
has also provided funds from the Philip Cole Bursary for workshops in
schools, and for assisting with travel expenses for a group to take part in
a competition. Many members and non-members contributed cash,
instruments or music to support the Fund,
The Society receives a small share of the sales incoma and the
Performing Rights fees for a computer set of Alex Ayre's music from
bequealhed arrangements.
The Society's public website at www.srLorg..uk continues to be
comprehensive source of information about the Society, its Branches and
activities, and about the recorder and its music in general. It includes a
catalogue of music held by some Branches to facilitate sharing. It also
includes extensive lists or links to details of concerts, workshops, playing
days, suppliers, items for sale and wanted, etc of potential interest to
members and non-members.
An electronic newsletter (the e-News) is prOdU￿d monthly by a
volunteer. on behalf of the Society, and is circulated to anyone who signs
up to receive it,
The Society operates under the Constitution and Rules adopted by
Conference in August 2020, which were presented to the charity
regulators. These new arrangements reduced the number of Trustees,
with additional responsibilities carried out by named post holders.
Conference 2023 approved an additional element to be added to the
Constitution, with effect from 31 March 2023, to formally allow on-line
electronic meetings. when necessary.

Section E
Financial review
The Society's Central Fund maintains a reserve that is at least equal to
the annual expenditure. The Arthur Ingram Fund is used for activities in
support of the Society's charitable objectives subject to availability. The
Walter Bergmann Fund and Philip Cole Bursary, which are restricted
funds, award grants to support young players up to age 30 and for
education. The awarding of grants from the latter two Funds will always be
subject to the availability of funds.
Brief statement of the
harity's policy on reserves
Details of any funds materially
in deficit
none
Further financial review details (Optional information)
You may choose to include
additional information. where
relevant about:
the charity's principal
sources of funds (including
any fundraising);
how expenditure has
supported the key objectives
of the charity;
investment policy and
objectives including any
ethical investment policy
adopted.
The Society's main income derives from members, subscriptions to the
Central Fund plus subscriptions levied by each local Branch to support its
activities. The subscription has been raised for the year 2024-2025
onwards to account for rising costs including the cost of a Recorder
Magazine.
The Society's Festival was held in Monmouth in 2024 and resuSted in a
surplus which was distributed between the Walter Bergmann Fund, the
Conductors, the organising branch and the Central Fund.
The SRPIMoeck Solo Recorder Competition took place in November
2023, with associated costs.
The accounts reflect the result for the year and show a reduction in
reserves as events postponed during the pandemic have been rolled
forwards thus adding to the costs of this financial year.
The Arthur Ingram Fund was founded by a legacy and receives th8 Gift
Aid payments from HMRC that the Society's claims on members,
subscriptions to the Central Fund. General donations to the SRP are
allocated to the Arthur Ingram Fund to ensure spending on charitable
activities such as training workshops, the SRPIMoeck competition, general
grant giving and funding for commissioned music and festivals as
requested.
The Walter Bergmann Fund (WBF) and Philip Cole Bursary (PCB) are
restricted funds. The WBF awards grants to support young players up to
the age of 30. The PCB is used to support initiatives in education.
Section F
Other optional information
The Society is registered with the Office of the Scottish Charity Regulator {OSCR) as a cross-border charity
(number SC038422). Copies of this Trustees Annual Report and the accompanying accounts are also
submitted to OSCR.
The Society also has Gift Aid status with Her Majesty s Revenue and Customs.

Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name
Erica Crabtree
Liz Bassett
Position
Treasurer
Secretary
May 2nd 2025
Date
May 2nd 2025

## **Independent examiner’s report to the trustees of The Society of Recorder Players** 

I report to the charity trustees on my examination of the accounts of The Society of Recorder Players for the year ended 31 August 2024, which are attached to this report. 

## **Responsibilities and basis of report** 

As the charity trustees of The Society of Recorder Players you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the ‘2005 Act’), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 (‘the 2011 Act’). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. 

I report in respect of my examination of The Society of Recorder Players’s accounts as carried out under section 44 (1)(c) of the 2005 Act and section 145 of the 2011 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner’s statement** 

Since The Society of Recorder Players has prepared its accounts on an accruals basis and is also registered in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I can confirm that I am qualified to undertake the examination because I am a registered member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of The Society of Recorder Players as required by section 44 (1) (a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and section 130 of the 2011 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

## H Locke 

Heather Locke, FCA, Institute of Chartered Accountants in England and Wales (ICAEW) 

Locke Business Solutions Limited T/A Locke Charity Solutions 

3 Lipman Way Malmesbury SN16 9FH 

19 May 2025 



## **The Society of Recorder Players Registered Charity 282751, SC 038422** 

## **Annual accounts for the year ended 31st August 2024** 


## **Statement of Financial Activities** 

||||Unrestricted|Restricted||**Total Funds**||**Total Funds**|
|---|---|---|---|---|---|---|---|---|
||||funds|income funds||**2024**||**2023**|
||note||£|£||£||£|
|**Incoming resources**|3||||||||
|Donations and legacies|||76,206.99|11,802.78||88,009.77||88,924.04|
|Charitable activities|||71,161.40|-||71,161.40||57,711.11|
|Investments|||6,399.42|1,469.79||7,869.21||4,175.27|
||||**153,767.81**|**13,272.57**||**167,040.38**||**150,810.42**|
|**Resources expended**|4||||||||
|Charitable activities|||159,998.65|6,855.66||166,854.31||142,885.70|
|Governance costs|||11,740.91|-||11,740.91||12,025.78|
||||**171,739.56**|**6,855.66**||**178,595.22**||**154,911.48**|
|**Net income / (expenditure)**||**(**|**17,971.75 )**<br>|**6,416.91**|**(**|**11,554.84 )**<br>|**(**|**4,101.06 )**<br>|
|**Transfers between funds**||(|1,012.00 )<br>|1,012.00||**-**||**-**|
|**Net movement in funds**||**(**|**18,983.75 )**<br>|**7,428.91**|**(**|**11,554.84 )**<br>|**(**|**4,101.06 )**<br>|
|**Reconciliation of funds**|||||||||
|Total funds brought forward|||281,350.89|33,258.42||**314,609.31**||**318,710.37**|
|Total funds carried forward|||**262,367.14**|**40,687.33**||**303,054.47**||**314,609.31**|





**The Society of Recorder Players Registered Charity 282751, SC 038422** 

## **Balance Sheet at 31st August 2024** 


**----- Start of picture text -----**<br>
||||||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|funds|income funds|2024|2023|
|note|£|£|£|£|
|Current Assets|
|Debtors - Prepayments and accrued income|254.00|-|254.00|254.00|
|Cash at bank and in hand|6|266,027.21|40,687.33|306,714.54|317,839.88|
|Total Current Assets|266,281.21|40,687.33|306,968.54|318,093.88|
|Creditors: amounts falling due within one year|7|(          3,914.07|)|-|(          3,914.07|)|(          3,484.57|)|
|Net Current Assets|262,367.14|40,687.33|303,054.47|314,609.31|
|Net Assets|262,367.14|40,687.33|303,054.47|314,609.31|
|Funds of the Charity|
|Restricted Income funds|40,687.33|40,687.33|33,258.42|
|Unrestricted funds|el|262,367.14|262,367.14|281,350.89|
|Total Funds|262,367.14|40,687.33|303,054.47|314,609.31|

**----- End of picture text -----**<br>


## **Approved by the Trustees on 2nd May 2025 and signed on their behalf by:** 

….................................................................................. 

**Erica Crabtree, Treasurer** 

….................................................................................. **Elizabeth Bassett, Secretary** 



**Notes to the Accounts** 

## **1 Basis of Preparation** 

These accounts are prepared on a going concern basis, under the historical cost convention and in accordance with the _‘Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102'_ (the Charities SORP), the ' _Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland_ ' (FRS 102) and the ' _Charities Act 2011_ '. 

The charity meets the definition of a public benefit entity as set out in FRS 102. 

The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on charity’s ability to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the account. The charity therefore continues to adopt the going concern basis in preparing its accounts. 

The accounts present a true and fair view and the accounting policies adopted are those outlined below, which have been applied consistently to all material items. 

No changes to accounting estimates have occurred in the reporting period. 

No material prior year errors have been identified in the reporting period. 

## **2 Accounting Policies** 

## **2.1 INCOME** 

## **Recognition of income** 

Income is included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources; 

- it is more likely than not that the trustees will receive the resources; and 

- the monetary value can be measured with sufficient reliability. 

## **Offsetting** 

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. 

## **Grants and donations** 

Grants and donations are only included in the SoFA when the general income recognition criteria are met (as set out in paragraphs 5.10 to 5.12 FRS102 SORP). 

## **Legacies** 

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. 

## **Tax reclaims on donations and gifts** 

Gift Aid receivable is included in income when there is a valid declaration from the donor.  Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. 

## **Donated goods** 

Donated goods (such as instruments and music) are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. 

## **Support costs** 

The charity has incurred expenditure on support costs. 

## **Volunteer help** 

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. 

## **Income from interest and royalties and dividends** 

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. 

## **Income from membership subscriptions** 

Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. 

- **2.2 EXPENDITURE AND LIABILITIES** 

## **Liability recognition** 

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

## **Governance and support costs** 

Support costs solely relate to governance costs as the charity does not have a premises and is run by volunteers. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. 



## **Notes to the Accounts (continued)** 

## **2.2 EXPENDITURE AND LIABILITIES (CONTINUED)** 

## **Grants** 

Where the charity gives a grant with conditions for its payment, such grants are only recognised in the SoFA once the recipient of the grant has met the specified conditions. 

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full grant is recognised. 

## **Deferred Income** 

No material item of deferred income has been included in the accounts. 

## **Creditors** 

The charity has creditors which are measured at settlement amounts less any agreed discounts. 

## **Provisions for liabilities** 

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. 

## **Basic financial instruments** 

The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP.  Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. 

## **2.3 ASSETS** 

## **Debtors** 

The charity has debtors from time to time, principally relating to Gift Aid recoverable from HMRC together with any sundry items of income not yet received. 

They are measured on initial recognition at the expected settlement amount.  Subsequently, they are measured at the cash or other consideration expected to be received. 

## **Current asset investments** 

The charity has cash held on deposit with a maturity date of less than one year. This includes amounts held for investment purposes rather than to meet short term cash commitments as they fall due. 



## **Notes to the Accounts (continued)** 

## **3 Analysis of income** 

|**Analysis of income**||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|**Total Funds**|**Total Funds**|
|||funds|income funds|**2024**|**2023**|
||note|£|£|£|£|
|**Donations and legacies**||||||
|Subscriptions which are in substance donations||67,183.12|-|67,183.12|63,896.17|
|Donations||3,179.28|10,699.65|13,878.93|15,927.21|
|Gift aid||5,844.59|103.13|5,947.72|6,721.12|
|Legacies||-|1,000.00|1,000.00|2,379.54|
|||**76,206.99**|**11,802.78**|**88,009.77**|**88,924.04**|
|**Charitable activities**||||||
|Recorder Playing Activities||70,011.96|-|70,011.96|54,900.87|
|SRP/Moeck Competition||-|-|-|2,181.97|
|Other||1,149.44|-|1,149.44|628.27|
|||**71,161.40**|-|**71,161.40**|**57,711.11**|
|**Income from investments**||||||
|Interest income||**6,399.42**|**1,469.79**|**7,869.21**|**4,175.27**|
|**Total income**||**153,767.81**|**13,272.57**|**167,040.38**|**150,810.42**|



All income in the prior year was unrestricted except for donations of £13,049.10, a legacy of £2,379.54, Gift aid of £64.63 and Interest income of £779.47. 

SRP / Moeck Competition - The SRP/Moeck Solo Recorder Competition is a biennial international competition 

## **4 Analysis of expenditure** 

|**Analysis of expenditure**||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|**Total Funds**|**Total Funds**|
|||funds|income funds|**2024**|**2023**|
||note|£|£|£|£|
|**Expenditure on charitable activities**||||||
|Grants (note 5)|5|4,000.00|6,298.16|10,298.16|20,375.29|
|SRP/Moeck Competition||8,201.84|-|8,201.84|3,050.00|
|Recorder magazine||25,456.50|-|25,456.50|16,608.95|
|Recorder Playing Activities||115,225.23|-|115,225.23|95,285.66|
|Other||7,115.08|557.50|7,672.58|7,565.80|
|||**159,998.65**|**6,855.66**|**166,854.31**|**142,885.70**|
|**Governance costs**||||||
|Conference & Trustee meetings||8,011.38|-|8,011.38|9,113.19|
|Insurance||3,129.53|-|3,129.53|2,662.59|
|Independent Examination of Accounts||600.00|-|600.00|250.00|
|||**11,740.91**|**-**|**11,740.91**|**12,025.78**|
|**Total expenditure**||**171,739.56**|**6,855.66**|**178,595.22**|**154,911.48**|



All expenditure relates to activities undertaken directly apart from grant funding noted within charitable activities above. Support costs are solely the Governance costs noted above. These have not been allocated further as they are all incurred in relation to the sole activity of the charity. 

No fees were paid to the Independent examiner in the current or the prior year other than for the examination itself, as recorded within Governance costs above. 



## **Notes to the Accounts (continued)** 

## **5 Grantmaking** 

- The Walter Bergmann Fund, which is a restricted fund, awarded grants of £6,298.16 to 10 individual applicants, for instruments, repairs, course fees, workshops and a recording project. 

A grant of £3,000 was paid to NYRO (National Youth Recorder Orchestra) in support of its general purposes. 

A grant of £1,000 was paid to Royal Birmingham Conservatoire Spring Recorder Festival in support of the festival, in addition to a grant from the  Walter Bergmann Fund towards a workshop. 

## **2023** 

The Walter Bergmann Fund, which is a restricted fund, awarded grants of £16,775.29 to 20 individual applicants, for instruments, repairs, tuition, workshops and travel. 

A grant of £3,000 was paid to NYRO (National Youth Recorder Orchestra) in support of its general purposes. 

## **6 Cash at bank and in hand** 

|**Cash at bank and in hand**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|**Total**|**Total**|
||funds|income funds|**2024**|**2023**|
||£|£|£|£|
|Short term deposits|223,380.33|30,000.00|172,925.56|185,879.90|
|Cash at bank and on hand|42,646.88|10,687.33|133,788.98|131,959.98|
||**266,027.21**|**40,687.33**|**306,714.54**|**317,839.88**|



## **7 Creditors and accruals** 

|**Creditors and accruals**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|**Total**|**Total**|
||funds|income funds|**2024**|**2023**|
||£|£|£|£|
|Accruals and deferred income|3,914.07|-|3,914.07|3,484.57|
||**3,914.07**|**-**|**3,914.07**|**3,484.57**|



Amounts above relate solely to the aggregate of accruals and deferred income amounts held by individual branches. 

## **8 Financial instruments** 

Financial instruments comprise: 

- Short term debtors due from HMRC for Gift Aid 

- Cash held at the bank in current or deposit accounts (including the COIF Charities Deposit Fund) 

For short term debtors from HMRC credit risk is considered negligible. 

Sufficient cash reserves are held to meet known liabilities and for a level of contingency associated with fluctuating future payments. All reserves are held in accounts where the underlying capital is not subject to changes in market value and the only risk that the charity is exposed to is fluctuating rates of return and changes in interest rates related to these funds. 



**Notes to the Accounts (continued)** 

## **9 Charity Funds** 

The Walter Bergmann Fund is the only restricted fund held by the charity. The trustees approved a transfer to this restricted fund of £1,012, in respect of the 2024 Festival surplus. The equivalent transfer in the prior year was £592. 

## **9.1 Details of material funds held and movements during the current reporting period** 

||||**Fund**||||||**Fund**|
|---|---|---|---|---|---|---|---|---|---|
||||**Balances at**||||||**Balances at**|
|**Fund Name**|**Type**|**Purpose and Restrictions**|**1 Sept 2023**|**Income**|**Expenditure**||**Transfers**||**31 Aug 2024**|
|||To provide support to players under 30 in the||||||||
|||UK and Ireland and includes the Philip Cole||||||||
|||bursary which is available for workshops in||||||||
|||schools and travel expenses for the||||||||
|Walter Bergmann|Restricted|SRP/Moeck Competition winner.|33,258.42|13,272.57|(|6,855.66 )<br>||1,012.00|40,687.33|
|||To be used for the charitable purposes of the||||||||
|Arthur Ingram|Unrestricted|Society.|103,457.81|12,141.01|(|22,372.28 )<br>||-|93,226.54|
|||This is an aggregation of the funds held by||||||||
|||each of the individual branches. Each fund||||||||
|Branches||can only be used for expenditure related to||||||||
|(consolidated)|Unrestricted|the activities of that branch.|111,655.29|69,403.74|(|66,444.09 )<br>||-|114,614.94|
|Central|Unrestricted|All other expenditure.|66,237.79|71,211.06|(|81,911.19 )<br>|(|1,012.00 )<br>|54,525.66|
||||**314,609.31**|**166,028.38**|**(**|**177,583.22 )**<br>||**-**|**303,054.47**|
|**Details of material**|**funds held and**|**movements during the previous reporting period**||||||||
||||**Fund Balances**||||||**Fund**|
||||**at**||||||**Balances at**|
|**Fund Name**|**Type**|**Purpose and Restrictions**|**1 Sept 2022**|**Income**|**Expenditure**||**Transfers**||**31 Aug 2023**|
|||To provide support to players under 30 in the||||||||
|||UK and Ireland and includes the Philip Cole||||||||
|||bursary which is available for workshops in||||||||
|||schools and travel expenses for the||||||||
|Walter Bergmann|Restricted|SRP/Moeck Competition winner.|35,406.47|16,272.74|(|19,012.79 )<br>||592.00|33,258.42|
|||To be used for the charitable purposes of the||||||||
|Arthur Ingram|Unrestricted|Society.|106,999.12|12,310.34|(|15,851.65 )<br>||-|103,457.81|
|||This is an aggregation of the funds held by||||||||
|||each of the individual branches. Each fund||||||||
|Branches||can only be used for expenditure related to||||||||
|(consolidated)|Unrestricted|the activities of that branch.|105,245.99|67,620.54|(|61,211.24 )<br>||-|111,655.29|
|Central|Unrestricted|All other expenditure.|71,058.79|54,014.80|(|58,243.80 )<br>|(|592.00 )<br>|66,237.79|
||||**318,710.37**|**150,218.42**|**(**|**154,319.48 )**<br>||**-**|**314,609.31**|



## **9.2 Details of material funds held and movements during the previous reporting period**