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||Page|
|---|---|
|Chair's Report|3-4|
|ReportoftheTrustees|5-9|
|lndependentExaminer's Report|10|
|Statementot FinanciaIActivities|11|
|Ba[anceSheet|L2|
|Notes to the FinancialStatements|13-16|





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|ThemembersoftheBoardofTrustees at17September2024were||
|---|---|
|PenetopeRosketFGrlfitths(Chair)|(appointed1December 2023)|
|YutiaChaptlna||
|SusanJaneCraxton||
|Angeta Fogg||
|Nadia Lesserson||
|SharonGoodey|(appointed19June2023)|
|ChiYing Lam|(appointed19June2023)|
|MurrayAtexander Chree McLachtan|(appointed19June2023)|
|Owen JamesMortimer|(appointed 19.,une 2023)|
|BeataToyka-Wtmshurst|(appointed19June2023)|
|Anthony JohnAdamsonWttiams|(appointed19June2023)|
|LewisWiltiamKesterton|(appointed9August2023)|
|Stephen Michaet Broadbent|(appointed22Aprit 2024)|
|ClaireLouiseVane|(appointed30May2024)|
|Others who servedastrustees intheyearendedSlMarch 2024:||
|TatiaGirton|(resigned18December2023)|
|Andrew Higgins|(resigned18December2023)|
|SandraTetsota|(resigned22Aprit 2024)|
|NathanTheodoutou|(appointed19June2023,|
||resigned22April2024)|





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|||20|2023|
|---|---|---|---|
|||Total|fotatlunds|
|||lunds||
||Notes|t|s|
|INCOMEANDENDOWMETSFRO:||||
|Charltabteactlvltles||||
|Memberssubscriptlons||72,99r|73,98t|
|Competltions||3,900|2,379|
|Magazinesatesandadvertislng income||2,774|3,S1|
|Book sates|||2,744|
|RegionaIofficeevents||2,389|7,322|
|Nalionalevents||3.497|69|
|||85,551|83,839|
|Otherlncome||||
|lnvestment income|2|802|254|
|TotaIincome||86,153|84,093|
|EXPENDITUREON:||||
|Costsofcharitabte activities|3|34,522|33,238|
|SuDDortcosts|J|47,587|79,510|
|Governance costs||3,115|4,479|
|TotaIexpenditure||85,218|<br>L17,2:t7|
|NEIINCOME(€XPENDITURE)||135|(33,1341|
|RECONCILIATIONOFFUNDS||||
|Totalfundsbroughtforward||77,47t|44,545|
|Netincome/(expenditure)||1,135|(33,134)|
|TOTAL FUNDS CARRIED FORWARD||12,546|tt,/lLL|





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|||24?4|2023|
|---|---|---|---|
|||Iotal|Totatrunds|
|||tunds||
||Notes|€|t|
|CURRENTASSSTS||||
|Prepaymentsandaccrued income|7|6,546|5,728|
|Cashatbank|I|23,362|13,479|
|||29,908|18,607|
|cnEDlToRs||||
|Amountsfattingduewithinoneyear|9|.77,362\|(7,196)|
|NETCURRENI ASSEIS||12,il6|11,/t11|
|TOTA!ASSEISIESSCURRENT LIABILITIES||12,U6|11,411|
|NETASSETS||12,55|l1Jll|
|FUt{DS||||
|UnrestrictedFunds|10|72,546|1,1,477|
|TOTAL FUNDS||12,5,(5|11,411|





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|2.Il{VESntENTtNCOt{E|||2024|2023|
|---|---|---|---|---|
|Bankirte.est|||802|254|
|3. COSTOFCHAR]TABLEACTIVITIES||Grants|||
|||payable|Support||
||Direcl|{see|(see||
||Cost|note4)|nole5)|Total.s|
|Costs ofcharitabteactivitles|34,522|||u,522|
|SupPortcosts|||47,587|47,581|
|Govemancecosts|||3,115|3,115|
||34,522||50,6S6|85,218|
|4. GRANIS PAYASIE|||2!24|2a23|
|Costs ofcharitabteactivities||||1,100|
|Nog.antswerepaidto anypianistsintheyear (2023:grants tv€re paidto3pianists).|||||





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|PPORTCOSTS||||
|---|---|---|---|
|||Govemance||
||Management|costs|Iotal|
|SuDDortcosts|47,581||it7,581|
|Goverhahcecosts||3,115|3,115|
||4'7,58t|3,115|50,696|



|emptoyeesasadmhlstrative supportisprovidedonacontrac<br>ligures,areastollor\rs:|tuatbasls.DetaiG|ofthesuppoft co|sts, inctudedirt|he above|
|---|---|---|---|---|
||||2924||
||SunnonGovernanceTotal|||?J23|
||COSIS|COSIS|activitiesTotelaclivities||
|Administrative Suppon|33,157||33,157|44,7a5|
|Accountin{-treasurer'slee|750||750|500|
|PrintinE.stationery.oostae&telephone|358||358|1.709|
|Website devetooment|6.500||6.S00|23,616|
|lnsurarce|531||531|529|
|Bankcharrcs|7,072||7,072|1,105|
|Cotlectlon tees|1,980||1,980|1,515|
|Travel andmeetin{ costs||4ii5|435|549|
|SloraEe||||1,991|
|IndeDendentExamlnor'stee-indeoandentexamlnatior||1.880|1,880|1,300|
|lndeDendentExaminet'slee-accountingseMces||800|800|2.630|
|AtfitiatlonFees|90||90|90|
|Llcenses|3.143||3,143|3,670|
||47.581|3.115|50.696|83.989|



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|Notrusteeshave receivedany oth erbenefits,|or theyearended3lMarch2024 {2023-lnll)|||
|---|---|---|---|
|||2&|2023|
|YuliaChaplina|Adjudication fees|277|4s1|
|Nadia Lasserson|Adjudication fees|239||
|PenetopeRosketl€ritf iths|Adjudication fees|130||
|AntionyW(tiams|Adjudication fees|u4|362|
|B€ataToyka-wtmshurst|Adjudication fees|3M||
|StephenMichaetBroadbent|Accountingfees|750||
|TatiaGinon|Admlnistration tees|3,000||
|AndrerfHlgglns|Adminlstration fees|s,330||
|||14,368|813|
|Trusteeerpenses||435||



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||2024||
|---|---|---|
|7. PREPAYI{ENTSAI{DACCRUEDINCOHE|||
|Prepayments|6,546|5.128|
|LCASHATBANr|||
|Bankaccounts|74,767|5,616|
|RegionaIottices'bankaccounts|9,195|7,863|
|Totat|23,362|13,479|



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|Accruedexpenses||||5,7M|
|---|---|---|---|---|
|Membership subscriptionspaidinadvance||s,435||1.492|
|||77,362||7,196|
|VEI.IEMTIN FUNDS|||||
|||Net|||
||At|movement ln||At|
||7.4.23|lunds|31.3.24||
|lJnrestdcted runds|||||
|Generattund|7L,477|1,1J5||12,546|
|TOTALFUNDS|71,417|1,135||72,546|
||lncoming|Resources|l.4ovementin||
|NetmovementInfunds, inctudedihtheabove areaslollolls|tesoulces|exPended||tunds|
|Generatlund<br>TOIALFUNDS|86,353|(85,218)<br>(85,218)||1,135<br> <br>1,135|
|||Net|||
||At|movement in||At|
|Comparativeslormovementinfunds:|1.4.22|funds|31.3.23||
|Unrettdctedtunds|||||
|Generatfund|44,545|(33,134)||11,411|
|TOTALFUNDS|44,545|(33,134)||11,411|
||lncoming|Resources|Movementin||
||resources|expended||funds|
|Generatlund|84,093|1'777,2271||(33,134)|
|TOTALFUNDS|84,093|1777,227)||(33,134)|



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