WILTS RUR MUS Annual Report Financial Accounts 2025-26 Wiltshire Rural Music 113 Gloucester Road, Trcrwbridge. wiltshi BA14 OAE WwW.wi$hirerUra1MuSIC.cO.uk Registered Chattty No: 309496 Registered Company in England & Wales No: 835252
Contents Page History of Wiltshire Rural Music Mi55ion and Objectives Our Values Overview of our activibes The Team and our Hub Fundraising and Partners io. Chaimian's Report 14. Financial Report Wiltshire Rural Mu51C is an independent charity set up in 1933 to provide music Isinging and instrumental) le5$0n5 to school children in Wiltshire and lead musicjchoral performances In rural communities in an age when far more people played and sang. The educational element changed in 1979 when the Local Education Authority formally took spOnsIbl11ty for school music. Today. Wiltshlre Rural Music brings the Soy of professional live performance and mtjsic-making to isolated and marginalised communTties across Wiltshire. Including people afferted by rural or social Isolation and those on low incomes. We stand by the legacy of the founders of WRM, bringing music into the digital age whilst mntsIn1ng our grass-roots ethos.
Our Mlsslon and Ob We believÈ everyone in Wiltshire should have the opportunity to discover, explore and engage with music-making. We provide music for all stages of life- from the early years to tifflent. and everything in between. Through our rural outreach programmes, IKeep Music In Mind Mu5icoI Lunch aub. Rurol Recitals), we will enable Wiltshire's remote and isolated communities to access participatory music-makin8 Opportunities on their doorstep. offering them a social outlet when they need it most. We viill support and encourage people of all ages to progre55 their musical leaTning through our Bursaries and Awards programmes. From our building. Y will provide an inspirin8 space for our local community in Trowbridge. where music can be made, appreciated and lebrated. Our Values Music is for everyone and there should be no barriers to partTcipation. Working in collaboration with individuals and communrtTes to provide bespoke opportunities to meet their needs. Inte$ts and ambitions. To support, encourage and nurture all form5 of music-making. Music is for the mind, the soul and the body. Support any and a51 efforts to use music to aid with health and wellbeing. both mental and physical. regardless of age. race* gender or ability- Making music should be indusive and diverse, open and accessible to all. To support Irfelong musical learning. To bring music and social acbvity to isolated indmduals and groups within rural villages and town5. To enrich the live5 of Wiltshire residents Overview of our artivilies Keep Music in Mind-ongoing An ongoing project whereby WRM sends profe55ional musicians into Care Homes and Memory Cafes throughout Wiltshire. pmiding IF¥e music to enrich and inspire those who attend. Music has been proven to unlock memories and b005t wellbeing in Alzheimer's patients and the results speak for them5elve5. A sleepy care home lounge is transformed into tapping toes and broad grins once the music stsrts. Keep Music in Mind has brought violinists. singers. clarinetbsts and piano players into homes and cafes on 33 occasions throughout the year, bringing smiles to an average of 15 people every time. In a 12 month period we have visited care homes and memory cafe5 in Trowbridge. Bradford on Avon, Chlppenham, Warminster, Swindon, Westbury, Devizes. Corsham and Cricklade.
Muslcal Lunch aub- Fortnlghtly A grant avRrded with thanks by wiltshi Community Foundation, the Musical Lunch Club was fully funded until February 2026. We have since secured further funds from WCF and Trowbridge Town Councll to keep the sessions running throughout 2026. Based at our Gloucester Road hub, V Y1cOme over 65s from the local community for an hour of singalongs. musical memory games and INe performance. followed by a simple lunch. The aim is to target those feeling isolated. providing them with a reason to leave the house and the opportunity to make friends whilst enjoying music from professional artists. We have had referrdls from I31 social prescribers who identify patients In need of social interaction and have watched firm friendships form over the 2 years we have run this projett. Tune Noon- monthly On the 2 Wednesday of the month we open our doors to the local music lovers for our monthly Tune@Noon - an hourfs concert for £5, which includes unlimited coffee and cake. The average tskings over the 11 sessions are £67.37. We have enjoyed sets from Lightgarden. Blssboro Flute Trio, Ebonite, Sue Lord and Doves Peace Choir to name but a few. We have seen a huge increase in audience numbers throughout the year- our most popular conrtS were.. David and Masha. {Lightgarden} Doves Peace Choir Kristina Takashina and David Knowle5
Uz Lawrence Award An annual invFte for applications from young musicians heading off to study music at further education. The Liz Lawrence Award is a £l.l))) prize for one 17-18 year old who has shown skill and promise in their musical discipline. After an informal audition, the winner is presented with a heque a5 well as the opportunity to curate their own winnerf5 concert the following summer. The concerts are a showcase of their tslent as well as the chance to collaborate with musical friend5 and colleagues in a one off performance celebrattng THEM. all with the support of WRM. Previous winners have played at Longleat House, Edington Priory and Wiltshire Music Centre. The 2025 winner 15 jazz trumpeter Daniel Hammond from Box whose concert is in July at Wiltshire Music Centre. Auditions for this yearfs award are Set to take place on 22 July. He was presented with his cheque by the Mayor of Trowbridge in DeMber. InstNment Hlre We have a huge range of classical and acoustic instruments available for hire in varying sizes. We offer these instruments on a daily or quarterly basis for MO pennanent learners, particularly giving younger leamer5 the opportunsty to try out an instrumenL alleviating the expense of buying an instrument for just a trial period. We supported 4 adults and 23 young students over the course of the year with this service as well as one school. ABRSM runs their termty exams from our centre with a team of volunteers appointed by WRM, steVrding for a period of 314 days. We welcomed an average of 50 students per session over three terms of the year. 50 thavs 150 nervous candidates who are welcomed by our kind Stewards on the day of their exam.
Bursarl Wiltshire Rural Music provide5 bursaries and financial assistance for musical families who may need help with music tuition and related expenses. This is available to all children and adults residing in Wiltshire. Funding meetings tske pla on a termly basis and students are assessed regularly to keep WRM in the loop with their learnlng and pmgress. We are proud to have supported 13 students this year. No of bursaries awarded 6-8Years 9- 11 Years 12- 14 Years 15- 18Years 18 Year5 + The Team Trustees: _ Sian Dicker Peggy Snell Denise Harvey Sheila Parker Doug 8enson Emma Davies Lorna Watchman Phil Springate Stewart Palmén Trevor Carbin Vernon Hitchman President Chairman TreaSur (part year) Treasurer {part year) Bursaries Lil Lawrence Award Bur5arie5, Z Lawren Award Wiltshire Council Rep / Health & Safety Wiltshire Council Rep stsff IPart-time): Creative Director, Safeguarding Lead Press & Marketing Fundraising Consultsnt Administrator Daisy Chapman 6 hours pw Daisy Chapman 8 hours pw Rachael Holtom14 days pcm freelance) Sue Daw50n 20 hr5 PW Volunteers: _ {Musical Lunch Clubl 7 (Exam Stewards) 2 (leaders self-run groups) 22 IT@N} 38 Volunteers Members: 138 Members 153 Paid up members)
Our Hu 6W 113 Gloucester Road in Trowbridge is a vibrant and busy venue. where ensemble5 rehea. individuals teach and practÉce and young people learn. As well as our WRM ensembles (Saturday Orchestra, Ebonite Clarinet Choir. String-A-lon& String Ensemble and Chamber Strings), the venue is also home to our monthly Tune@Noon events. at which local musicians perform an hour-long concert to WRM members and the general public. Our hub is also often hired by external groups such as. the Assotiated Board of Royal Schoo15 of Music for the Trowbridge area exam hub (3 times per year). Wiltshire Young Musicians for their weekly Trowbridge Junior String group, Doves Peace Choir. Singing Mamas choir, a flute group. plu5 individuals for private hire. We are also pleased to hire out the beautiful Yamaha baby grand piano to those who would like to test out the instrument ahead of their exam. We are often complemented on the quality of the instrument and have seen an increase in those wishing to hire the space to play
Breakdown of Member5 1 Artivity Participation 2025126 Total Reach Average Attendees 15 Sessions Addttional Notes Keep Musit in Mind 495 33 Bursaries: Under 18 Yea Bursarles: 18 Years + Instrument Hlre Adult Mustc Ensembles & Group5 + Choir5 13 27 Plus one School li 199 Muslc Groups {under 18 Yrs) Llz Lawrence Award Concert + Ludmlla Concerts Muslcal Lunch Club 210 30 Trowbridge Junior Strings 134 33 423 16 26 ABRSM Exams TOTALS 150 3.461 50 295 As well as our Newsletter that goes out to registered members three times a year Isummer, Winter and Easterl, our social media following has continued to grow. Facebook rnay be on slow-down. but tvs worth noting that the mid to older generations still really turn to it for infonnation in the community. We've seen some athve engagement from the .20 Years of Li2 Lawren. campaign which has dug into the archives to see where the alumni afe now. Thanks to reaching out to FB groups in Trowbrid8e and surrounding areas, we have allY seen huge growth in our Tune@Noon audiences, particularly from neighbourFng streets. In5tagram has allowed us to reach younger 8roups using reels and short videos - this has particularly worked for the newest Singing Mamas choir. Trowbridge's local newsp3per 'Celebrate' has also given us 3 great deal of column inche5 to shout about what we do which h3s been a huge help. And our local radio (BBC Wittshire and West Wilts Radiol have been very 5UPPOrtive in spreadin8 the word on our events.
Followers: Instagram - 921 Facebook- 1.4k We are pleased to report that Wiltshlre Rural Muslt secured £43,247 through Grants and Donations during 2025-26. Funding applications totalling £18.667 were raised for restricted projects, and it should be noted that some of those applications were written in 2024-5 {there is often a significant period between submission and decision). Donations reached £24,581 through a further significant donation from Audrey CatFord's estate, the support of our exam stewards and members. St Swithins Church. Bathampton and residential homes around the county. We would also like to thank all the trusts. foundation local councils and businesses for their sUPPOrt - we could not carry out our valuable work thout their help. Wiltshire Rural Musit employ5 3 freelan funding consultant for 44 days a year. The current consultant Rachael Holtom. ha5 been in post since May 2023, and thts year's donations refiect an accumulation of her sustained efftjrt. Rachael handed in her notice in April 2026 and we look forward to welcoming the newest member of the team in June. We would like to thank the following for their donations (Restrictedl." Musical Lunch aub {£9.716.50) Florence Cohen Foundation Wiltshire Council - Trowbridge Area Board St James. Trust Trowbridge Town Council Asda Foundation Wiltshire Community Foundation £2.). £1.022.(Kl £i,(NxJ.00 £500.00 £600.00 £4.594.50 Keep Music In Mind {£7.250.(K•) Waminster Town Council Wiltshire Council- BOA Area Board Worminster Lions BOA Rotary Club BOA Town Council Wiltshire Council - Chippenham Area Board Wlltshire Council - Devitrs Area Board Concertina CharÉtable Trust Chlppenham Town Council £1.5Tr).DJ £i,(KK). £6). £6(Kl.(KJ £1.5CK).(KI £50). £2. £1,050.00
Butsarfes (£1.700.00) Golsoncott Foundation Balacqua Charitsble Trust The Arts Society (North Wiltshire) £6(K). £6(Kl. £5(hJ. We would like to thank the following donors for their support 'ILTSHIRE &SIIIIDON ated Funds These fund5 are held within designated investment accounts and are rin8-fenced for unforeseen emergencies relating to WRM, including buildin& equipment, and operaOnal Costs. They are a150 reserved to ensure the charity can meet its legal obligations to the l(¥n8-5tanding tenant in the event of exceptional circumstances. Thls init5ative rdised £1.041. towards the charity's core costs over the year. Thank you toall who take part. Chalrman's Welcome to this year's report. It has been a really good year with a few downs but I'm happy to report many ups. whe to begin. our finarKe5 are better than they have been for quite a while due to the generous gift from the estate of Audrey Catford. Thi5 amount of money helps to keep us in good stead. We have had a few maintenance issues Wlth the flat and the building in general which have been dealt with as quickly as we can to avoid disruption to those using the premises. During the Summer holidays the kstchen and floor wlll be updated which is long overdue. io
The lunch cknb continues to thrive with every seat taken and those people enjowng lunch and thE entert3inmenL Tune@Noon is also full to capacty with the entertainment drawing In more and more. tt's lovely to see people enjoying music and singing rf they know the son8 and humming rf they're not sure. a big thank you to Daisy for arranging the slngers and musicians who perfonn. Last year's Liz Lawrence Award winner Dan1 Hammond and friends will be performing at the Music Centre in Bradford on Avon - not to be missed. We also have a day of auditions for the 2026 award. Rachael has done a tremendous job of applying and securing funds for u5. knowing what to apply for and when to apply for it. However I'm sorry to report Rachael will be leaving us during May to do all the things on her to do {t which is getting longer, without her commttment to the fundraisin8 we wouldn't have been able to fijnd the Lunch Club and Keep Music in Mind so a very big thank you to Rachael we wlll mlss you but hope you enjoy whatever comes next. Good Newsl We welcome Denise Harvey onto the board of Trustees in her role as Treasurertsking over from Sheila. We hope you will enjoy being part of the team. A big thank you to Sheila for all she has done over the years as treasurer and the good news Is that Shella wlll be carrying on as a trustee on the board. There's more. I l am delighted to announce that Helen Rana has joined our team as the new Fundraiser tsking over from Rachael. We are very lucky to find her and we look ft>rward to a long working relatlon5hip. We hope you enjoy being a part of the team. Muslc exams continue to bring young and not so young musicians to our door and long may it continue as these musicians are the future. To all the sertron leadeT5 your enthusiasm rubs off on others and encourages them to join your section and ultimately enjoy music which is what it is all about. I would like to thank Sue for the tremendous work she does all through the year keeping everything ticking over, she is absolutely pricele55. To Daisy. who finds the musicians and singe for'Keep Music in Mind and the 'Musical Lunth aub,. To our wonderful band of volunteers. keep up the 8d work- we need you. It jusE leaves me to say a big thank you for your continued support. keep singing and making music in whatever form you choose to use. PEGGY li
BUSINESS PLANNING Full detsils of our financial position can be found in our annual accounts. where it can be seen that we are now operating with a surplus. but we must not lY on this. For that reason. the board continues to concentrate our efforts on our core function, that of assisting young people in their musical education. older people in Wiltshire as well a5 reaching new communities with new projects currently in plannlng. To that end, the Board continues to support the Statement from previou5 reports that we would: Protett and s3fegu3rdthe assets ofour charity against unforeseen emergenry Protett against unforeseen day-to-day operational costs PTOteci our Bursaries and Award5 which wve financial support to the people of Wiltshire 5fATEMENT OF RESPONSIBILITIES OF THE BOARD Company law requires the Board to prepare financial statements for each financial sear, whith give a true and fair view of the affairs of the Company and of the profit and loss for that period. In preparing these financial Statements, the Council is fequired to". l. Select suitsble accounting policies and then apply them tonsistentlv 2. Make judgements that are reasonable and prudent 3. Prepare the financi31 statements on a "going COnrn. basis. unless it is inappropriate to presume that the company will continue in busine55 The Board 15 responsible for keepin8 proper accounting records that disclose at any time. with reasonable accurary, the financial position of the Company and enable it to ensure that the financial statements comply with the Companie5 Act, 1985. It is also responsible for Safeguarding the a55ets of the Company and. hence. for tsking reasonable steps for the prevention and detection of fraud and other irregularitie5. REVIEW OF BUSINESS A summary of the results for the period is given in the accounts. The Board considers the state of the Company's affairs to be stable for the short tern), but continued investmentlfunding will be TequiTed forthe longterm. The operatin8 surplus for the year amounted to £10,290.(M). FIXED AsSs Movements in fixed assets are shown in the accounts. The freehold shown of the Balan Sheet Is 113, Gloucester Road. Trowbridge. and is stated at cosL This property had at the end 12
of the year, a market value of approximately £275.0 Iwdlued in 2015). although this does nrt reflect ent changes in the property markeL AUDITORS The Company has not appointed an audttor as provided under Section 294A CA 1985, but R.E.Froud & Associates have carried out an independent examination. A eTrI and a Treasurefs Account are held at Uoyd'5 Bank. 64. Fore Street Trowbridge. A further Deposit account. together with the accounts of the Wilts Rural Music School and the restrirted account of the knz Lawrence A7rd Fund are held with COIF Charity Funds, l Angel Lane. London, EC4R 3AB SMALL COMPANY RULES In preparing this repor¢ the Board has taken advantage of the speLial exemptions applicable to small compani BY ORDER OF THE BOARD Dated:....-......Q.q. <)f•.2aZ¢o Mrs Peggy Snell IC 13
Co. Reg. No: Charity no.. 00835252 309496 WILTSHIRE RURAL MUSIC SCHOOL LIMITED (The company is limit&l by guarantee vthQlrt share capital) 113 Gloucester Road Trowbridge Wiltshire BA14 OAE UNAUDITED FINANCIAL STATEMENTS 31st March 2026 R. E. Froud & Associate5 Ltd Chartered Managemenl Accountants 61 Robins Lane Frome Somerset BA11 3ET
WILTSHIRE RURAL MUSIC SCHOOL LIMITED The company is limited by guarantee wtthout share (xpital Chalmian P Sndl Troasuror D Harvey- appointed 20 March 2026 Board memborsrrrustees D Benson T W Carbin E Dawes S Dicker V Hilchman S Palmen S Parker P Springate L Watchman Administrator S W Dawson Registered Offlco 113 GkMJcester Road Trowbridge Wiltshire BA14 Bankers Lk)yds TSB 64 Fore Street Trowbridge Wiltshi BA14 8EU Examiner R. E. Froud & Associates Ltd 61 Robins Lane Frome Somerset BA113ET Registered Number 00835252 Registered Charlty Number 309496 Page q
WILTS W• are extremèly graleful for the following donationsffinan¢lal support re¢¢i¥od during the Year 2025126. RU MUS ABRSM volurrteer stewards (Sue Martin. Trevor Carbin. Chrisline Champwry, Daisy Chapman, Theresa Cole, Vid¢y Davis. Sue Dawson. Ck2ire Kingl Audrey Cafford (Estate of) Beyond Dementia Blenheim Housa Care Home Bupa Catherine Fryett Charfes Harding Chippenham Day Centre Claremont House Cricklade Open Dth)r Dementia Friendly BOA Haydon Wick Parish Council James Cook Jennie Rowe lin memory of RcKJer Kneene> Mill Street Cenlre, TrowbrKlg¢ Mr M Gilbert, St Swithuns Church Old Silk Works. Wamiinster Order of St John Care Trust Pat Kenwri¢k Peter Brown Richard & Celkq Young Sidmoulh Street Cafe Susan Carter lin memory of Jim Cronin) Westbury Care Home Ftsnding received fcy spe(#fic woje(ts:_ Keep Musi¢ in Mind Bradford on Avon Area Board BOA Rotary Club BOA Town Coun¢il Warminsler Lions Warniinsler T¢)wn Counul Chippenham Area Board Chippenh8m Town Counc Concertina Charitable Trust Chris Webb Musical Lunch Club Florence Cohen Charitsble Twsl st Jame5 Trust TrrywbrKJge Town Counal Tr{ndYe Area Board Asda Foundation Matilda Head Young Persons, Bursary S¢heme Golsconcott FoundatKJn B8lacqua Charitable Trust The Arts Society- North Wilts Adutt Bursary Ltjdmila Bezpattchaya and friends Raggle Taggle W & B Thomson Liz Lawrence Award Mary Teed Also special thanks to all our anc¥byrnOUS dono To 811 our wondgtfijl Tnencn musi(?ans Donations received from purthases m through EaSyndraIsIng aThJ all parts"(ip8nts of the '11) Club. campaign. Thank you all Tax is recovered on all donations for whith a Gfft Form has been cxNnpkted.
WILTSHIRE RURAL hl SIC SCHOOL LI ITED The c¢ynpty is limited ty guaffltee share c ANr CTO NANCIAL STATE I on the finwd81 ststgThth¥ yew entsd 31 20%. thknidl tl statement of fina4019cyltses linthdiTrJ In(J)m gr•1 0XpeTr acmLAW. of f¥wn¢i81 wwlion, and tho rdatgd notes. OF TSHIRE IC SCH Respettl¥è r•8poMlbilit•09 rf tru8tws and examlner The Iru8t¢e$ ltho are also the of th8 company pu C wnpwry lawl 8fe reSponble for the preparati of th stat8mwts. Th8 trusws oJn81der that an 4Irt is not required for tlws year under stctt.on 144121 (rfthe Chathies Ad 2011 and that an Y)deFert exarTyn8tson 18 reedeO. I qualified to uftdertak• exInatIUn by beiNJ a qualthed nwb8f of the Chted Instiknts of Man•3on A¢wJntsnt8 ICIMA) sBtistd tt cb•nty is not subject tr) un(kn Corn w ard •liglIe lor indepondwl oxaNunatt"w. It is nry reStiltyI0'. . examhe the untsr Secti 145 ofthE 2011 Art . b folhN the procthwes laid Ri tr dititi by tho Chwity con der Sect 14515)Ib) oflhe 2011 Acl, aNJ 8 of independent •xaffllnef8 r•port exarnffiation YAS fArri out m #CCOFd8 Wth drth18 by ts Chality ComNoSSh) An examintkM Ind ¥ review of the a¢eaunbrvJ rThs kept by the charity and a canyari¥on of the accounts pSented With tho8e 1Prds. It also indth Sida of any un81 rteff6 or thsclosuios in tre acco, And seeking expklnab$ from you as trustaes r1mirj any Fuch nHtters. The wocédures undert8k8n do r1 provth al the e¥Kkne that bo requir1 in an awlii tnSequen11Y no opinicffi is gNen 8S to Nthetsthe aC£CdJnts present a and faii vithrf and the report is limitd to th08e rrttsr8 set out In Ihe 5tskme In conrecbon ry exarrMn8b"on. no 01181 has coff to gttention: 111 t•th¢h 9Iv8s me feasonabk cause to any matw4 res¢ requi101)ls.' . lo keep ac¢>)untirrfJ rec3Jds in 8¢KorvA of Ihe Crynywns Act 2[, and . lo prepare accounis au¥xd acc4JLmtilg re¢ords, (y)mpty ith the r8quwenl? of sectig) 396 of ts c(npan5 Ad 20Q and wlh ts molhods and pdndp8 of t have t rrf" or a¢cAJunts lo be wcd. Natle Irthpende UsAc FFA FIPA HSM. on behal of R. E. Frwj & ASS1 Ltd 61 R(ts"ns L8ne Ffon BAt1 3ET Page 3
WILTSHIRE RURAL MUSIC SCHOOL LIMITED Th8 conyany is limited by guarantee WTthoul Sh capital STATEME* OF FINANcL ES FOR THE NDED 31 INCOME AND EXPENDrtURE 2026 2025 Totsl funds Unfvstiidad Daisgnatod funds hjnds R851ri(ts1 fvnds Total lunds Ineome Donations and grants Ch8ritabl6 activ$ othwtradlng acts"v6Oes Other in(x)n 23.038 2.526 12,981 11.226 20210 43,247 2.526 14.450 11.226 67,178 4,519 15,080 10,317 1213 257 Total income 49,771 1.213 20,466 71,450 97,093 Expenditure Expenditu on CharItsb acbvitEs Expenditures on olherathibes Total exp•ndSturo 143.8611 {22.164) 166.0251 160.2151 143.8611 122,1641 166.0251 180,2151 Net galnslllossesl investrnents 4.86S 1,664 Movement Sn lunds S909 6.078 11,6971 10.290 38.543 Transfers between funds 135,222) 32.914 Net movement in fvnd¥ 129.3121 611 10.290 38.543 Re¢on¢lliation of funds Total funds brou9ht foThvard 309,733 280.421 51,872 22,761 23J71 384,365 394.656 345,823 384.365 Total funds carried fonva¥d 90.864 The Ststement of Finan1 Actiwlies includes gains and k6ses in the year and Iherefore a ststemenl oftotsl recognisgd gamis and Ie$ has not been prepared. l of the above anKJunts relate to conthnuing b¥le$. Page 4
WILTSHIRE RURAL MUSIC SCHOOL LIMITED
The limited by guarantee without shafe capital
STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH 2026
Notes
2026
2025
FIXED ASSETS
Tangible Assets
Investments lat Market Value)
COIF Fund.. 102.95 untis {2025- 102.95 units)
M & G Charifund.. 1708 untts
275.116
275,129
24,467
30,648
25.939
25,933
55.115
51,872
330,231
327,001
CURRENT ASSETS
Cash al bank and in hand
COIF Deposit FurKI
COIF Deposit Liz Lawrence Fund
Other debtor5
Trade Debtors
25.869
35.749
3.384
23,084
30,536
3,233
386
125
65
65,067
57,364
CREDITORS: Anv)unts falling due thin one year 10
{6421
NET CURRENT ASSErs
64,425
57,364
NET ASSETS
394,656
384.365
FUNDS OF THE CHARITY
Restricted funds
Designated funds
Unrestricted funds
Revaluation r8serve
11
23,371
90,864
19,550
260.871
22.761
51,872
48,862
260,871
11
TOTAL CHARITY FUNDS
394,656
384,365
For the year ended 31 March 2026 the charity was entilled to exemption from audit under sedion 477 of
the Companies Act 2006 relating to small Compan$.
Trustees, responsibilities..
The members have not required the charity lo obtain an audit of its accounts for the year in
question in accordance th section 476.. and
The trustees acknO¥edge their responsibilrties for comptwng wth the requirements of the
Act wrth respect to accounting rerprds and the preparation of aco)unts.
These financial statements were approved by the members of the 1MIttee and authoTtsed for issue
on the
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WILTSHIRE RURAL MUSIC SCHOOL LIMITED Th8 rrn)rY is limit&1 by gwante8t share (ap6tal FINANCIAL STATEMENTS FOR THE YEAR ENOED 31ST MARCH 2026 NOTES TO THE FINANCIAL STATEMENTS 1. KCOVPfflNG po$ 8asls of accountlng These Fnanck41 statents have been pryed in wilh FRS 102. Tr Financial Reporting Staard appliGgble in the UK and the RewtAic cl Irdanrf. tr Ststwnwlt of Recc¥nrnervJed Practs¢e applicable to charrties eparing thr &o)unts in a¢c4)rdan¢t wth the Finanoaal Rewybru SlarKlard appknlA8 in UK and Republic ol Irelaj IFRS 1021 ICharib8s SORP IFRS 10211 arnl Chariti8$ Art 2011. Incomin9 resources Grant income r15 in the sFwified by (k)nor. C#h8r gr8nts and don81K)ns received ar8 r8C(n1j 85 voluntsry In(. Hir8 aThJ renlal incnme is recA)gnss&1 once it bec0[S rocwatle. In(ayne from workshops, rx)nc8rt8, mug¢ proJe¢ts a1 any olher fomi of irKtsme is Twn15 al bme d re¢eipL Resource5 expended Resources expenda a rwniwj in the we irrrj irthje any attn"tNe VAT ¥vhi¢ (annot b8 r8cov8rwJ. xed As$•ts AJI fixed assets are initlaly rec£¥rted at Assets ling than £250 are to reIe•S èxpandad in t year tlw are purd)a5ed. Depreciation DeprEciation ts ¢aluJlat8d so ag to WTit8 off LTht of Sn a558t, 185s its estimatgj SidUal value, OV8T th8 811 econornic lrfe of that 8s¥et a5 folws.. Musi& InstrurTth5 Office - 10 y8ar5 stra•3hl li - 10% bak8rK Freèh)Id proparty is ThJt d•[¥1. DweCIa 8s%ts CL¥nmwThs ¢)rts the asset instdbj at¥J r88dy to ust. Funds Unrestricted funds ate WdrLabk for use at di5C¥Btwm Of tru5tee5 to furftr zny of IhB dwrity5 pure5. D&Sigd fuThJs are Unrestric fvnts by tha iyuslèas fty pati(yJLgrftrturè proiact or cthimtht. Restricted furxts &e Sub to restrK11 () their expeNJitwe dedared ty tt)e dcw or through the tm of an appeal. arNJ fall into orK of hvo ststxlasses." resirwawj in(x)mè funds fuw¥Js. Tr8nsf8r b8h¥e8n funds have Lwb due to fund m8tthiTrJ cx)rreCti to [l¢)uS year b818nce for th8 Liz L8IT8nL avard. Investments Unlssted equrty inve5trnerts a intbaNy recriyjed al (xjst. arml sJLwnty rne&sure at fair value. fair value cannot be feliaL4y rneasured. as58ts ar8 measur1 al cost less impainn8nt. sted investrnents are measwwj at fair Yèlue in frdir valutt "r leCL¥Jned in [re or expenditure. Cash Now 5tatwn•nt The Ccffiipany has (ted tt0 rryar8 a Cash Slalemenl forlhe I LIMITED BY GUARANTEE The cLvnpany is limrted by guara hawwJ a Sha wrtJ. EV merntr of ts Company d8rt8k8s to contribute such arrK)unts as rnay be r4uired {Thx exceethng £11 to tt assets of the If it should be wound up while he is a member or one year after he ceases to be a rnemLw, payThents of th8 wmpanvs debts and Iiabilit contracted before he ceases to be a meFniw. of o)sts. tharges aThl e¥Se8 of iThing up, for adjustment Page 6
WILTSHIRE RURAL MUSIC SCHOOL LIMITED The coffipany is liinited by guarantee without share capital FINANCIAL STA MENTS FOR THE YEAR ENDED 31ST MARCH 2026 NOTES TO THE FINANCIAL STATEMENTS- ¢onVd DONATIONS AND GRANT 2026 Restricted funds 2025 Totsl funds unrestri( Designated funds fvnds Total fvnds Dofiations General donations Liz Lawrence dOnatn Grants Grantslmatch funding 23.038 23.581 1,000 45.953 18,667 18,667 17,225 4. CHARITABLE ACTMTIES 2026 Restthcted Jnds 2025 Totsl funds UnrestrK*ed DgnaknJ funds fu1$ Totsl funds General Furvjraising Fundr8i$ing ts Ycmjng Persons Bursaries Music Projects 2,526 2,645 1.374 500 5. OTHER TRADING ACTIVIT 2026 Reslricted funds 2025 Total funds Unr&stricl&l Designate(I funds funds Total funds Ensembles and wowk5hc4)s Rwm hir Instrumènt hire Income from investments Other Inco 5.911 3.811 2.539 10 710 5.911 3,811 2,539 1,468 721 6,187 4,205 3,355 960 373 1.213 246 257 6. OTHER INCOME 2026 unresth.cied sIgnated Restn"¢ted funds funds nds 2025 Total funds Total funds Rental incoTh 11.226 11,226 11226 10,317 STAFF COSTS AND EMOLUMENTS Total 5tsff (x)sts were as ftlOws'. 2026 2025 Wages and salaries Subcontractors Employers Nl Pension costs Staff trainin9 16,629 12,005 14,379 8,571 333 244 305 30 28.969 22,862 Particulars of employees". The average number of employees during the year, was as follows: 2026 No. 2025 No. ManagenI arKI ajministration staff P8ge 7
LTSHIRE RURAL MUSIC SCHOOL LIMITED Thg rA)nwny limited by Mthoul share caw FINANCIAL STATEMENTS FOR THE YE>A ENDED 31ST MARCH 2026 NOTES TO THE FINANCIAL STATEMEi¥fs- convd FIXED ASSETS Freeho4d Musical lnthJnnts Equipment Totsl COST As at 1 Aprl 2025 Addilions Revaluation As at 31 March 2026 275.C 9.833 286,734 2T5.(K)O 1.901 9.833 286,734 DEPRECIATION As at 1 April 2025 Charge for the year As at 31 March 2026 1.772 13 1.785 11,605 13 11.618 9,833 NET BOOK VALUE As at 31 March 2026 275,(nJ 116 275.116 As at 31 Mareh 2025 275.LKKJ 129 275,129 The Freehd properly at 113 GkxJ(xst8r Road slat9d 81 (xrt A wdlual¥)n has not b88n obtained in the year to 31st March 2026 INVESTMÈNTS MoveffEnt in market value 2026 2025 Market Value at 1 April COIF Fund- Joan Horsfal M&G ChanfuTrJ 25,939 25,933 26,465 24.870 Markel Value at 31 K18rth COIF FutKI- J8an Fkysfall M&G Charrfund 24.467 30.648 25.939 25,933 10. CREDITORS: Amounts falllng du* wlthln ong year 2026 2025 Acrxuals 216 426 PAYE 11. Analysis of charitabl8 funds At1Awl 2025 son lmiestrnts Transfers At 31 March 2026 UtrICted funds 48.862 49,771 (43.861} 135.2221 19,5XJ Oeslgnated fvnds M&G Fund COIF Fund Jean HorsfaH 25.933 6.338 11.6231 34,536 30,648 35,749 24.467 .864 1.213 25.939 51.872 1,473 4,865 1.213 32,914 Restrlctetl funds Keep Music in Mind Musical Lunch Club Adult Bursary Ywng Persons Bursary Premises Improvement z Lawrence 7.318 9.771 527 1,7CKI 17.980} {6.270} 231 567 7,15g 9.171 5.103 393 5,206 {4 054} (2.7(Xll {1,1601 122.1641 2,852 1.465 160 3.233 1.IS1 3,384 Y2,761 2,308 23.371 Revaluation res8rv8 260.871 260,871 Total fuThJs 71.49) 66.025 4.885 394,656 Pago 8
WILTSHIRE RURAL MUSIC SCHOOL LIMITED The rMpanY Is limited by guaranlee wilhout share capital STATEMENT OF FINANCIAL ACTivmES FOR THE YEJJI ENDED 31 MARCH 2026 DAlLED INCOME AND EXPENDITURE ACCOV 2025 INCOME Grants- other Donations Spe¢ial Events Fundraising Ensembles and workshcf6 Room Hire Music Projects Income Froffl Inv85tm8nts Instrument Hir9 Other income Rent Received 18,667 23.581 17,225 45,953 4,000 4,019 6,187 4,205 500 960 3,355 373 10.317 5,911 3,811 721 11.226 71,450 97,093 EXPENorruRE staff costs Community pot Bursaries Ensembles and workshcps Music proiects Instruments Special Events pUblty Premises Running Costs Management and administration 28.969 22.862 7,754 3.522 13.801 3,221 15,616 645 9,458 2,862 2,873 66,025 60.215 Net gainsllk6sesl on investments 1,664 OPERATING SURPLUSIIDEFicif) FOR THE YEAR 10,290 38.543 Page 9