|CHARITY COMMISSION|CHARITY COMMISSION|CHARITY COMMISSION|CHARITY COMMISSION|CHARITY COMMISSION|||||||No (ifany)||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |FOR ENGLAND||AND WALES|||RoyalTunbridgeWellsSymphonyOrchestra||||||295781||| |||||||Receipts|and|payments||accounts|||CC16a| |||||||Penod start||date|||Penod end date||| ||||||Forthe period from
1st Ma||2022||To||30th April 2023||| ||1||1|~|||||||||| |||||||Unrestricted
funds
Restricted funds|||Endowment
funds||Totalfunds||Laslyear| |||||||tothe nearest
tothe|nearest 8||tothe nearest 8||tothenearestf||tothe nearesl f| |A'I Receipts|||||||||||||| |Grant from Friends ofthe|Orchestra|||||15.000||||||15,000|33.500| |Special Centenary
Grant from|||Friends||||||||||7,500| |Donations||||||1,425||1,121||||2.54d|li,li92| |Patrons||||||11.250||||||11.250|9.757| |Playing members subs||||||4,000||||||4,008|4,177| |Fundraismg
(+Gift Aid via|Justgtvtng)|||||4,620||||||4,628|7,268| |Gift Aid||||||2.076||||||2,076|808| |Advertising
revenue||||||750||||||750|2,584| |Advance season ticket sales||||||26,294||||||26.29|30,005| |Other ticket sales||||||25||||||25|| |Boxoffice sales||||||47,202||||||47.202|30,260| |Sponsorship
incl programmes||||||3,500||||||3,508|2,000| |Bank mterest||||||134||||||134|| |Orchestra Tex Relief via RlWSOPL||||||26.432||||||26.432|928| |Subtotat(Grossincome||||forA|)|142,708||1,12||||143,829|133.283| |A2Asset and investment||sales, (see|||||||||||| |table).|||||||||||||| ||||Sub tots||||||||||| |||Totalreceip||||14,'7||1,1|1||-|M3,829|1,8| |A3Payments|||||||||||||| |Fees conductors,
players|via RTWSOPL|||||82,li06||||||82,406|72,033| |Centenary
activities includmg|||CD|||11,900||||||8,980|14,119| |Printing ofprogrammes||||||1,427||||||1,427|5,167| |Music hire via RTWSOPL||||||3,373||||||3,373|3,306| |Venue hire via RTWSOPL||||||28.325||||||28,325|27.054| |Marketing||||||4,937||||||4,937|11.758| |PRS||||||2,814||||||2,814|2,657| |Advertisements||||||1,691||||||1,691|1,570| |Misc Direct Costs including||education||||1.160||514||||1,674|2.950| |Admin||||||2,953||||||2,953|2,582| ||||Sub tote|||140,985||51||||ldlni99|143,19d| |A4Asset and investment||purchases|||||||||||| |(seetable)|||||||||||||| ||||Sub tote||||||||||| |TotalPa)rfnen||||||140,985||514|||-|141,499|143.19d| |Netofrecefptslf|||fpa)rmen|||1,723||607||||2,330|(9,913)| |A5Transfers between funds|||||||||||||| |A6Cashfundslastyearend||||||17,578||2,249||||19.827|29,740| |Cash funds||this)fear en||||19,301|2,856|||||22,157|19,827| |||o|~|||~|~
~||~ ~||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|||Restricted funds|Endowment| |Categories||Details|||||funds||||funds| ||||||||tonearest'|||tonearestc|tonearestc| |BtCash funds||Bank Current|Account|||||3,047|||| |||BankocpogltAccovnt||||||14,234||2,854|| ||||||Tofafcssiffiends||19.301|||2.854|| |||(agree|balances|with|receipts and payments||||||| ||||||account(a))||OK|||OK|OK| ||||||||Unrestricted|||Restricted funds|Endowment| ||||||||funds||||funds| |||Details|||||tonearest'||||tonearestc| |B2Other monetary assets|||||||||||| ||||||||Fund towhich|asset|||CorrentvaWe| |||Details|||||balan s|||Coal (opt to nag|0 fiona| |B3Investment assets|||||||||||| |||Details|||||Fund towhich
balan s|asset||Cost (optlonao|Current value
o tiona| |B4Assets retained forthe charity's|||||||||||| |own use|||||||||||| ||||||||Fund towhich|||Amountdue|When due (optionao| |||Details|||||oablot
relates|||(o tlonao|| |BSLiabilities|||||||||||| |Signed by one ortwo trustees
all the trustees|on behalf of||Signature|||||Print||Name|Date ofapproval| ||||||||Frances|||Arm atro n|04Jul
2023| ||||||||Atexandra||Dicken-Woollard||| |CCXXR2accounts (SS)|||||||||||04Jul
2023| ||||||Page 2||||||| ||Trustee name|Oflice (ifany)||Dates acted ifnot for whole
yaal'|Name ofperson (or body) enfttlad to
appoint trustee (ifany)| |---|---|---|---|---|---| ||Ms Frances|Chairman|||| ||Armstrong||||| |2|Mr Andrew
Muir|Deputy Chairman|||| |3|Mrs Gale Smith|Minutes Secretary|||| ||Mrs Alexandra|Treasurer|||| ||Dicken-Woollard||||| ||Mrs Anne Parker|Orchestra|Manager||| |||and Gen. Secretary|||| |6|Mrs Libby|Librarian|||| ||Summers||||| |7|Mrs Zoe Hayward|News Editor|||| |||~~-|||| |---|---|---|---|---|---| |||The Charity exists to promote the musical|education
ofthe|inhabitants|of| |Summary|ofthe objects ofthe|Royal Tunbridge
Wells through
the study|and practice oforchestral||| |charity set|out in its governing|music,
in order to foster public knowledge|and appreciation|ofsuch music|| |document||by means of public performance.|||| ||The Charity began the financial year with a special centenary
concert|on|on| |---|---|---|---| ||May 1".The event was a departure
from the usual classical programme,||| ||presenting
orchestral
versions of 1970s hits, with a view to bringing
the||| ||Orchestra
to the attention
ofa wider public. This was followed
by a||| ||further season of6classical orchestral concerts.||| ||The Charity's
Education
Officer was once again able to work with local||| |Summary
ofthe main activities
undertaken
for the public benefit
in relation tothese objects
(include within this section the
statutory
declaration
that|schools —this time three local primary schools - and to co-ordinate
outreach
activities. Some 400 children
took part, whether
listening,
participating
or performing.
In addition,
school children
and students
of all
ages were able to attend
any of our classical concerts for a flat E5ticket
fee, regardless
ofthe regular seat price.||| |trustees have had regard to the
guidance
issued by the Charity
Commission
on public benefit)|Our Trustees have remained
mindful of Charity Commission
guidance
what constitutes
public benefit, and have continued
to seek ways to
widen access to orchestral
and classical music
in the Tunbridge
Wells||on| ||area,
in line with the Charity's
core objectives.||| ||This year we have focussed on developing
our community
pages on||| ||social media, encouraging
and enabling
fellow music charities from||| ||across the area to publicise their concerts and other activities via our||| ||website,
Instagram,
twitter and Facebook accounts.||| |Additional
details ofobjectives and|activities (Optional
information)||| |You may choose to include
further statements,
where|All our Trustees and player members
are volunteers,
some acting
in|a|| |relevant,
about:|professional
capacity —for example,
negotiation
with soloists of||| ||performance
contracts, or placing
advertising
in local media.||| |~
policy on grantmaking;|||| |~
policy programme
related|Three Trustees also serve as directors of RTWSO Productions
Ltd, a||| |investment;|company
established
in 2018to administer
production
expenses.||| |~
contribution
made by|||| |volunteers.|||| |~|~||a
~
~
~| |---|---|---|---| |Summary|ofthe main||We began the year with a special Centenary
concert, music from the 70s,| |achievements||ofthe charity|which was very well attended
and enabled the members
ofthe orchestra| |during the year|||to celebrate our 100ea birthday
with the community.| ||||We also produced
and launched
our first CD, recorded at the end oflast| ||||year, with the help ofa special centenary
grant from the Friends of| ||||RTWSO and wider fundraising
by orchestra members. Sales ofthe CD| ||||will help towards future fundraising,
but more importantly
we now have a| ||||quality recording
ofthe orchestra to share with prospective
new players| ||||and soloists, and to use in radio advertising
etc.| ||||The orchestra
performed
its regular series of6concerts from October| ||||through
to April, welcoming
several
international
soloists and guest| ||||conductors
to the town. Audience
numbers
rose through
the season, and| ||||we were able to repeat last year's offer offree tickets to local NHS staff.| |Brief statement||ofthe charity's|The Charity holds sufficient reserves to pay expenses
anticipated
ahead| |policy on|reserves||ofthe following season's
ticket sales.| ## |Further financial
review details (Optional
information)|Further financial
review details (Optional
information)|Further financial
review details (Optional
information)|Further financial
review details (Optional
information)|Further financial
review details (Optional
information)||| |---|---|---|---|---|---|---| |You may choose to include||||||| |additional
information,|||where|Our principal sources offunds are revenue
from ticket sales and||| |relevant about:||||donations
from Friends, patrons
and other supporters.||| |~|the charity's
principal
sources offunds
(including
any fundraising);|||Ticket sales this year are higher than for the 2021-22 season, reflecting
a small increase
in ticket revenue
from our traditional
series, plus the
income from the centenary
concert.||| |~|how expenditure|has||||| ||supported
the key||objectives|Following a difficult period over Covid, we were extremely
pleased that||| ||ofthe charity;|||the rate ofOrchestra Tax Relief was raised to 50%from Autumn|2021,|| |~|investment
policy|and||leading to the payment
ofoverf26,000 from HMRC towards
our|funding|| ||objectives
including||any|this year. The Spring 2023 budget has extended
this 50% rate through||to| ||ethical investment||policy|31 March 2026. This has enabled
us to afford recent increases
in|our|| ||adopted.|||costs due to inflationary
pressures,
whilst maintaining
our ticket prices at||| |||||2021 levels for a further year.||| |||||One major donation
made
in 2020, ofE4,500 from the Saville Turner||| |||||Holistic Trust, was to be used specifically for our education
outreach||| |||||activities over a three- year period. This appears
in the 'restricted|funds'|| |||||section of our cash accounts, together
with further cash donations|made|| |||||specifically to our Outreach
activities through
a retiring
collection|at our|| |||||December concert.||| ## ## ## ##