Charity registration number.. 306012
The Galpin Society
Annual R¢port and Financial Statemcnts
for thE Year EDded 31 Mar¢h 2026
Batchelor Coop Limited
The New BaTn
Mill Lane
Ea.%try
Sandwich
Kent
CT13 OJW

The Galpin Society
Contents (continu¢d)
Referen¢e and Administrativ¢ Del&ils
Truste¢s' Report
2to4
Indcpendent Bxaminer's Report
Statement ot'Financial Activilies
Balanct Sheet
Notes to the Financial Statement5
8 10 12

The Galpin Society
Reference and Administrative Details
Charity ReglstrAtion Nurnb¢r
306012
PriD¢lp41 Offict
3 DolGey Way
Sharnbrook
Bedford
MK44 ILE
Independent ExomlnET
Balch¢lor Coop Limited
The N¢w BaTn
Mill Lane
Easlry
Sandwich
Kenl
CT13 OJW
Page I

The G#lpin Society
Trustees, Report
The trustees prescnt thc annual report tO8dher with thc financial 5tatem¢nts of the charity for the year ended 31
March 2026.
Objeetlves and aetlvities
Objecls Ilrtdnlfftf
l To promot¢ the study of the hi510ry, construction and functions of musical in5trum¢nt$.
2 To further r¢s¢&rch by the publication of a journal
3 To propagate knowledge of instrumental history by any othcr means
Publlc benefil
The charity has mct all it5 objectives stt out above in 2020121 and in doing so the trustees believe (he charity has
provided publi¢ ben¢fJt.
The trustccs Confirm Ihat they hBve complied with thc rcquiremenis Of section 17 of th¢ Charities Act 2011 to
hAV¢ du¢ regard to the public benefit guidanc¢ publish¢d by th¢ Charity Commission for England and Wales.
Achievements performance
The 77th AGM of the Galpin Society held in at the Royal Coll¢ge of Music on 8 SeptembeT 2025, fjnaltsing
or¥anisational Changes to election and tenure of ¢omrnitiee members, a process begun at an EGM on 5 July.
The retirement of the long8tanding editor of the Journal, Lance Whitehead. on the grounds of ill hcalth. just after
producin8 thc Galpin Society Joumal vol. 78 in March 2025. was followed by another blow. the retiiem¢nt of
Ihe Newsletter and Jour¢Jal Produ¢tion Editor Michael Fleming, also on grounds of ill health. around ihe end of
2025
Fortunately the editorial Committee set up to carry out the work forTTh¢¥ly don¢ by Lance Whitth¢ad Ith¢ ¢llrrent
chair. plus Rachael Durkin, Karen Loomis. Ca5salldre BalossowBardin, and Simon Waters, with editorial
ossistant Aria[￿& Rigamontil was now join¢d by a very able typeselting and production editor I l¢ik¢ Fricke, and
their combined efforts led to the prodiiction of a very 511bstantial annual Journal, vol. 79, just a little later in the
year UIAn usual, in May 2026, with eight substantial gnd well-illllstrated artscle5, plus r¢vi¢ws, obituaries etc.
Mcanwhile an acting Ncw51etter Editor. Christopher Goodwin, produced three issues of ihe Newsletter, after
Michael Fleming and Maggie Kilbey relinquished this role.
The financial siluation has improved somewhat in the 2025-2026 ￿QUntIl)g year, wlth better ¢ontrol of costs
and mor¢ work don¢ pro bono. though m¢mbership ¢ontinues gently to decline,. plans are afoot to tackle
thig.with the opiion of a PDF-only membership. likely to b¢ popular with student5. and wilh ihc creation of a
new TOIE of Communications Officer in the 2026-2027 reporting year to r¢vitali8e the newsletter, website and
social mcdia pr¢sen¢e, and to butld closcr relationships with sister organisation5 111 th¢ musi¢ world.
Pr¢parations weT¢ also mad¢ for the June 2026 biennial conleren¢e at Northumbria University.
Flnancial revlew
Policy ON reserv
Having expcrienced financial difficulties it) the past, the officers and committee m¢mb¢rs have decided io rethin
S￿￿7r]ent res¢rves to ¢nsure the charity will Not experi¢nce such dI￿lCUltieS in tlie future. Flowever the
committeE is currenily ¢onsiderin¥ the level of reserves that are needed for the long term and ways in whi¢h
futurE fvrtds can be used lo enhance tlie charitable tsbjects of tlic society.
Pag¢ 2

The Galpin Society
Trustees, Report (continued)
liiveslmenlpnllcy objecilvo
The Dfficers have adopted a conservative approach to the investll]ents of the charity and acwrdingly funds not
n¢¢ded for ¢iirrent expenditure hav¢ bcen investcd with the Charities Aid Foundation.
T￿stee$ and officers
The Iru5tccs and officers serving durin￿ ihe year and sillce the year end w¢re as follows..
Trustees..
Prof Gabriel¢ Rossi-Rognoni, Chairman
Dr Bradley Straii¢hen-Sclier¢r
Ms Mitnr WaitLnan
Dr Heik¢ Marianne FriEke {appoinied 8 September 20251
MTS Diana W¢115. Ar¢hivist and Minutes Seciciary
Prof Arnold Myer5. Vice Chairman
Mr Owen Woods, Commiltee member
Dr Alice Little, Committee member Ircsigned 14 July 20251
Dr Ra¢hael Durkin, Commiltcr tnemb¢r Ire5igll¢d 14 July 20251
Dr Simon Waters, Committee member
Dr Cassandr¢ Balosso-Bardin
Dr Sabine Klaus
Dr Karen Loomis. Reviews Edrtor
Strutture* goverTJ8n¢¢ ind management
Naiure olgnverrting rfoeumeKt
The Socicty MTrS founded itb 1946 and is governed by rules which were adopted in April 1973 and amended in
2017.
RÉcruilment rtnduppoiKlmenloflrN$iees
Recruiiment of committee Tncmbers with suffici¢nt spare time to devote to foTwardin8 th¢ aims of the soci¢ty
b¢romes pro¥ressively more difyicult. The pres¢nt committee and bo￿￿1 of tr115tees largely comprises
professional orbJanoloBists.
Iniluctlon and Irr71#lng ol¢ru.flee5
Two new Committee menibers joined th¢ commtttee this year and and tlie charity implemettled its procedures for
aGquainting new trusiee5 Wlth their responsibility #s a trustrt.
Pa¥e 3

The Galpin Society
Tru51ees' Report (continued)
Statenbent of Trwst¢es' Rospon$lbllltles
The trustees ale responsible for preparing the trugtces, report and the finHncial statcments in accordance with the
Unittd Kingdom A¢countin&, Standards (United Kingdom Generajty AccEpt¢d Accounting PractiGel and
applicable law aThd regulations.
The law applicable to charities reqllires the trustees to prepare financial statements for each financial ycar which
give a tru¢ and fair view of the state of affairs of th¢ charity and of the inconiing resour¢es and application of
r¢sDufc¢5 of the charity for that period. In prepaiiiig ih¢se financial stat¢ment5, the Iru5t¢¢s ar¢ rEquir¢d to..
select suiiable &¢¢ounting poli¢ies and th¢n apply them consistently.
obscrve thc rncthods and principles in the Charities SORP.,
mak¢ jlldgem¢nls and ¢stimates that are reasonable and prudent,.
stale whether applicable accounting standards have been followcd. subject to any materKal departtw¢s
dis¢los¢d and explained in the fjnancial stat¢ments,' and
prepare the fillan¢ial statcments on th¢ going conc¢rn basis unle55 It is inappropriate to presume that th¢
chority will conlinue in busin¢ss.
Th¢ trustee5 are re5pon5ible for keeping proper accounting rerord5 that disclosc with reasonable accuracy at aThy
time the financial position of the charity and enable ihem to ensurc that the financial statemcnts ¢omply with the
Chariti¢s Aet 2011. the Charities (Accounts and Reports) Regulations 2008, and tlic provision5 of tlie
constitution. The trustees are also responsible for safeguardiThg the assets of the charity and h¢n¢e for taking
r¢asoDable steps for the prevention and detection of fraud and other irre£ularities.
Thc trustees are responsible for thc maintenance and integrity of the corporate and flnancial information
in¢lud¢d on the charithble compan￿5 wBbsit¢. L¢gislatiOn &Foverning the pr¢paration and dissemination of
financial statemcThts tnay differ from legislation in other jurisdictions.
The annual report was approv￿ by th¢ tfU5t¢¢s of the chartty on 10 AugLL8t 2026 and 518ned on it5 b¢half by..
Prof
abrielc R
Trustee
si-Ro¥noni
Page 4

The GalpiD Society
Independent Examiner'5 Report to the trustees of Th¢ Galpin Society
I report to the trustees on my examination of the a￿ountS of The Galpin Society for the year endtd 3 1 March
2026.
RespoD8lbilities and ba51s of report
As the chariry tru5tccs of The Galpio Society you are respon5iblc for the preparation of the accounts in
accordance with the Tequirements of th¢ Charities Act 2011 I'the Act'l.
I report in Tespect of my examination of lh¢ The Galpin Soctety's accounts carTied out under section 145 of the
2011 Act and in carrying tsut my examination I have followed all tli¢ applicable Directions given by ili¢ Charity
Commission und¢r section 145(5)Ibl of thc Act.
IDdependent e%imlner's st*ternent
I have completed my ¢xamiiiation. I ronfirm thal no material matters have Come to my attention in conneotion
with the examination giving rne cause to believe that in any material r¢spe¢t'.
a¢¢ounting r¢¢ord5 were not kcpt in r¢spect of Th¢ Galpio Society as required by seGtion 130 of the Act; or
2. the a¢counts do not accord with thos¢ r¢cords,' or
3. the account5 do noi COTnply with the accounting requirements conc¢rntng the form and content of accounts
set out in the Charities IA¢counts and Reports) Regulations 2008 other than any r¢quir¢Thent that the
accounts give a 'true and fair view which is not a matter ¢on5idered as part of ind¢p¢ndenl
examination.
I have no concerns and have comc aeross no other matters in ¢onn¢ction with the examination to which att¢ntion
should be drawn in this Teport in OTdcr to enabl¢ a prop¢r und¢rsianding of ihe accounts to be rcached.
Mark Batchtlor BSC. FCA.
ICAEW
The New Barn
Mill Lane
E￿try
Sandwich
Kenl
CT13 OJW
I l August 2026
Page S

The Galpin Society
Stalement of Financial Activitie3 for th¢ Y¢ar Ellded 31 March 2026
Unrestricted
funds
Restrlettd
fund5
TotAI
2026
Note
Income Endowments fTOm'.
Donations and legacies
Charitsble activities
Investment income
23.489
5,775
323
23.489
5,775
323
Total Income
29,587
29,587
Expenditure on:
Charitable activities
112,6431
(12,524)
(2501
(12,893)
12,524)
Governan¢¢ ¢osts
Total Expenditure
Net movement in funds
125.1671
2501
{25.4171
4,420
12501
4.170
ReconclliAtion of fund5
Total fund5 brought forw2rd
28.957
7,520
36,477
Total funds Carried forward
12
33,377
7.270
4Q,647
Unrestriet¢O
funds
Restricted
funds
Tvl*l
2025
Nvte
In£ome #nd Endowments from..
Donations ahd le8acies
Charitable activitle5
Investslltnt income
21,742
5.544
377
21,742
5.544
377
Total Incoine
27,663
27,663
Expendlture on:
Charitabl¢ a¢tivities
Governdnce costs
{17,9681
{12.0451
12611
(18,2291
(12,0451
Total Exp¢nditur¢
130.0131
12611
130,2741
Net movement in fvnds
12.3501
(2611
RecDnciligJlion of fund5
Totsl funds brought forward
31,307
7,78 1
39,D88
To141 fwids carried forward
12
28,957
7,520
36,477
All of thc charity's activitle5 derivc from ¢ontinuing OP¢Taiions during the abovc two periods.
The funds bieak(lown for 2025 is shown in note 12.
The notes on pag¢5 8 to 12 form an integral part of th¢3e flnancial statemcnts.
Page 6

The Galpln Soiiety
(Registration number: 306012)
Balance Sheet ￿ at 31 March 2026
Z&2
2015
No¢¢
Stock5
D¥btors
C8th atbwjk and IA hand
1.40Q
903
50.(4JO
52.903
1.6
966
43,251
45,817
Cr¢dltors: Amountj fAilinR due wlthin one year
Nel *M¢ts
{12.2561
{9.3401
40.647
36.477
Funds orth¢ charity:
Reatrfrted iDcomt
R¢stricred fuN(15
7.270
7,520
Unr¢Jlri¢ted in¢•rntr
Unrgstricted fund5
33.377
28.917
Totsl (und8
l2
40.647
36.477
Tlie financittl stai￿ne￿￿ pthges 6 ￿ 12 ￿re epproved by the tnth98. 4nd authoris¢d for issuo ¢)]J lo A￿%￿st
2026 and si3nBd on their b¢half by..
Pro
bn¢le Ros¥
Rowioni
IEQ
Mr8 Diana W¢lls
Truttec
ThE not¢5 on puges 8 to 12 form an inte8rai parl ofthese fittattcl￿ ststements.
P4ge 7

The Galpin Society
Notes to the Financial Statements for the Year Ended 31 March 2026
l Actounting policies
Statement of compliance
The financial slalements have been prepared in accordance with the second edition of th¢ Charities Statement of
Recommcnded Practice issued in October 2019, the Financial Reporting StJrtdard applicable in the United
Kingdom and Republic of Ireland IFRS 1021 and thc Charitics Act 2011.
Basis of preparatlo
Tht Galpin Society mccts the definition of a publi¢ benefit ¢ntity under FRS 102. Thc accounts {fittanciAI
statements) have been prepared under ihe historical cost Convention with it¢ms r￿QgniSed at rost OT tr&Dsa¢tion
valuc unlE55 Otherwise slated in the r¢levani notelsl to th¢s¢ a¢¢ounts.
Going eonccrn
The trustees consider that thcre are no materiAI un¢ertainiies &bout the charity's ability to continue as a goin8
¢oncern.
Income And tndowments
Voluntary income including donAtions. gifts. legacies and grants that either provide core thdirtg or is of a
g¢n¢ral nature is recogniscd wlien the cliaiity has entitl¢nient to die income. IÉ is probable that the incomc will
be received and the amollnl can be m￿ured with suffi¢ieTht reliability.
Donalion5 und legllcies
Donations and legacies are reco8niscd on a receivable basis when receipt is probable and the amount ¢an be
reliably mca8ured.
Deferred1￿come
Deferred income represents amounts received for fulure period5 and is released to incoming rcsources in the
period for which. it has been received. Such incorne is onty dcfcrred when..
The membership subscription r¢¢¢iv¢d Telat¢s to the subscription year following the year of receipt.
EXpejhdl￿re
All cxpenditure is recognised once there is a legal or ¢onstructive obligation to that exp¢ndilure, it is probable
s¢ttlement is required and the amount ¢an be nieasiired reliably. All co5t5 are allocated to the applicablc
expenditure lieading ihat aggT£galc similar costs to that category. Wlieie costs cannot b¢ directly attributcd to
Particular headings they have bccn allocated ort a basis consistent with the use of resourc¢s, with central staff
osts allocated on tlie basis of time spent, and depreciAlion ¢harg¢s allocated on Ihe portion of the a55et's use.
Other support costs ar¢ allo¢ai¢d bas¢d on the spread of staff costs.
ChariltTble oeilvlrtes
Charitable expendi￿1¢ comprises th(tse ¢osts incurred by the charity in the d¢livery of its activities and services
for its beneficiaries. Tt include8 both costs that can be allocated dire¢tly to such activities and those rosts of an
indirect nature n¢c¢s5ary to support them.
Provi5ion5 for grants are made when the intenlion to make 74 grant has beety communicated to the rccipient but
therE is uncertainty abolit either the timing of the grant or the amount of Brant payable.
Page 8

The Galpin Society
Notes to the Fin2neial Statenients for the Year Ended 31 March 2026 (continued)
Governance tosts
These include the costs attributable to ihe charity's ¢ompliancc with constitutional an(1 statutory requirements.
in¢luding audit. Stratcgic maJJagem¢nt and trusiees meetings and ieimburs¢d expenses.
Sto¢k
Siock is valucd at the lower tsf cost and Estirnoted selling price Icss tosts tD complete and sell, after due regard
for obsolete and slow moving stocks. Cost is det¢rmined using the firsl-in. fiTSt-out {FIFOI.
Cash and ossh equivalevts
Cgsh and cash equivalents compT15e ¢ash on hand and call deposits, and other short-¢erm highly liquid
investments that are readily conv¢rtible to a known amount of cash and ar¢ gubject tts an insignificaiil risk of
changE in value,
I Income from don4tlon5 and Icgacie5
Unrestricted
Total
2026
Totsl
2025
Ceneral
Donations and 5ubs¢riptions',
Donations
Membership subs¢TlPtion8
Open a¢¢ess
1,015
19,977
750
21,6111
750
21,618
750
23.489
23,489
21,742
Unrtstricted
Totgl
rllnds
Gen¢ral
Donations and legacies-
Donations from individuals
Regular giving and capithl donations
Total for 2026
22.368
22,368
23,489
23.489
Total for 21125
21.742
21,742
Page 9

The Galpin Society
Notes to the Financial Statements for the Year Ended 31 March 2026 (¢ontlnu¢d)
3 Income ehaTltsbl¢ g¢tfvltlt$
Unrtstrlcled
runds
GenerAI
Totsl
Royalti¢s
Sales of back numbtr5
Advertising revertue
4.730
190
855
4,730
190
855
Totsl for 2026
5.775
5,775
Total ftsr 2025
5,544
5.544
4 InY¢s¢m¢nt Income
U4r¢strltted
funds
CenerBI
Total
ndg
Interest receivable and sitnilar irtromE,'
lttterest r￿e1Vable on bank d¢posits
323
323
Total for 2026
323
323
Total for 2025
377
377
S Trugttes remuneratlon exp¢ns¢B
During the year the charity m&d¢ the following transaction5 With trths:
Mrs Dlgna Wells
£Nil (2025.. £3491 of expenses weTe T¢imbursed to Mrs Diana Wells during th¢ ye8r.
Mrs Wells r¢c¢ived reimbuTs¢ment of p¢x8tage costs iticurred In her role as Archivist and Minutes Secretary
Page 10

The GRlpin Society
Notes to the Finanei81 Statements for the Yegr Fnded 31 March 2026 (continued)
6 1nd¥pend¢nt examiner's rernuntr4tion
2026
2025
Other fees to examiners
Examination-related as5uran¢¢ s¢rvice5
912
Out of balance to b.xaminer5 ￿n)u￿¢r￿tIOn cat¢gory
1921)
7 Taxatlon
The charity is È re8lStered charity and is th¢refore exempt from taxation.
8 S¢ock
2026
2025
Stocks
1,400
1.600
9 Debtors
2026
2025
Accru¢d incom¢
903
966
AGcrued in¢ome relates to Gift Aid tax which is due to be wloimed for the year.
10 Cosh and essh equivalents
2026
2025
Cash at bank
50,600
43,251
11 Credltors: Amounts filling due withln one yegr
2026
2025
Accrnals
Deferred income
6,385
5,871
864
8,476
12.256
9,340
Pag¢ll

The Galpin Society
Not¢s to the Financial Stat¢m¢nts for th¢ Year End¢d 31 March 2026 (continued)
12 Funds
BgIADce it I
April 2025
Incornlng
re50urrt$
Resour¢¢s
txpended
B91•D¢e gt 31
MArth 2026
UnrestrlctEd fund5
Genersil
28.957
29.587
125,1671
1250
33,377
Rrstrittcd
7.520
7.270
Totxl funds
36,477
29,587
125,4171
40,647
Balance at I
Aprll 2024
Ineombhg
resourcej
Re$Diirces
expended
Balance At 31
2025
Ullrestrleted fuDds
u[￿51r7rtcd genrra] fvnds
31,307
27.663
130,OI3)
28.957
Restrlcted fundj
7.781
261
7.520
Total fund
39.088
27.663
(30,274
36,477
Pa8¢ 12