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2023-07-31-accounts

Trustees’ Annual Report for the period

From 1/08/2022 Period start date To 31/07/2023 Period end date

Charity name: Stockport Symphony Orchestra

Charity registration number: 516159

Objectives and Activities

Objectives and Activities Objectives and Activities Objectives and Activities
SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
To educate the public in the arts and
sciences and in particular the art and
science of music, by the presentation of
concerts and other activities.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Completion of a series of concerts.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 In the presentation of concerts for the
benefit of the public, the trustees in
preparation, have had regard to the
guidance issued by the Charity
Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference SORP reference SORP reference
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38
The charity has no paid employees. All
the activities organised by the charity
are done by a range of volunteers which
includes the charity trustees and others.
Other

Achievements and Performance

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SORP reference
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Achievements and Performance Achievements and Performance Achievements and Performance
SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Presentation of a series of 8 concerts
featuring international artistes at very
affordable prices for the local
community.
Providing invaluable experience for up
and coming young
soloists/conductors at the start of
their careers.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

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Review of the charity’s Para 1.21 The charity was in a reasonable financial
financial position at the end position as at 31/07/2023. We are facing
of the period substantial extra expenses but are
offsetting these by claiming orchestra
tax relief with the current temporary
double rate being a vital help.
Statement explaining the Para 1.22 Reserves are held as protection against
policy for holding reserves a number of specific future possible
stating why they are held losses of income/increases in
expenditure in line with our adopted
policy.
Amount of reserves held Para 1.22 £32,650
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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Additional information (optional)
You may choose to include further statements
Additional information (optional)
You may choose to include further statements
where relevant about:

The charity’s principal
sources of funds (including
any fundraising)

Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Elected at the Annual General Meeting
by members of the society.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

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Charity name Stockport Symphony Orchestra
Other name the charity uses
Registered charity number 516159
Charity’s principal address 26 Andrew Street
Mossley
Ashton-u-Lyne
OL5 0DN
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 David Martin Treasurer
2 Lesley Selby Chair
Jo Hossle- Secretary
3
Standring
David Davidson
4
Lund
5 Craig Eastwood
6 Leonora Johnston
7 Joanna Kane
Jane Elizabeth
8
Haigh
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
None
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Jo Hossle-Standring Full name(s) Jo Hossle-Standring Position (eg Secretary, Secretary Chair, etc) Date 20/04/2024

CHARrrf NUMBER 516159 STOCKPORT SYMPHONY ORCHESTRA REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2023 ICAEW CHARTERED ACCOUNTANTS HEYWOOD SHEPHERD Chartered Accountants

STOCKPORT SYMPHONY ORCHESTRA Independent Examiner's Report to the Trustees I report on the accounts of the stockr￿ Symphony Orchestra forthe year ended 31 Ju5y 2D23, which are Set out on pages 2 to 3. Respe¢tlve responsibilities of the trustees and examiner The charity's trustees are responsible for the preparation of the ac￿unts. The charivs trustees consider that an audit is not required for Ihis year under section 14412) of the CharitEs Act 2011 {the Charities Act) and that an independent examination is needed. It is my responsibility to= - examine the accounts undersectton 145 ofthe Charities Act - follow the procedures laid down in the general Directions given by Ihe Charity Commission under section 145(5){b) ofthe Charities Art and - stale whether paitcular matters have come to my attention. BasK5 of independent examinerfs ststement My exgmination was carried out in accordance with the general Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by the Gharity and a comparison ofthe accounts presented with those recDrds. It also includes consideration of any unusual items or disclosures in the accounts, and seeking expEaTJalK)ns from the tmstees conceming any such matteTS. The procedures undertaken do not provide all the evtder7ce that woukl be required in an audiL and (x)nsequentty no opinh)n given as to whether the accounts present a Yrue and fairview, and the report is limÉied to those matters set out in the stafiem￿t below. Independent examiner's statement In connection with my examinatlon. no matter has come to my attentson: (1) which gives me reasonable (xuse to bef￿ve that in any material respecl the requirements: to keep accounting records in aC(X)rdan￿ with section 130 of the Charities Act b prepare axounts whKth acmrd wlh the accounting records and cOm￿Y with the a¢￿Unting requirements of Ihe Charities Act have not been met or (2} to which, in my opinion, attentton shoukl be dra￿ in orderto enable a proper understanding ofthe accounts b be reached. Neil Kennington Chartered Accountant For and on behalf of . Heywood Shepherd Chartered Accountants and Registered Auditor 1 Park Street Macclesfield Cheshire SK116SR 30th November 20rJ Page 1

STOCKPORT SYMPHONY ORCHESTrA Receipts and Payfflents Account- Unrestricted Funds Forlhe ear ended 31 Jul 2023 2023 2022 DonatiOnS Choral and misceltaneous income ()onaknons including gift aid Other donations SiYMC sponsorship Legacy 700 8,780 2,059 2,511 500 Operating aGtivilies to generate funds Box Offi￿ sales Programme sales 32,970 1,152 21,786 765 Imrestment Income Bank and other interest receNed 130 44￿93 33,974 Payments for generattng funds Charges from SSOP Ltd Music Extra players Instrument repairs SIYMC extra event costs Other major event costs Publicity Programmes Insurance 32￿55 5,880 251 16 60 5,919 822 143 39￿90 3,341 566 137 10.OOCI Management & administration General ntnning expenses 1?37 2,064 Total payments 41￿27 12,064 Net receipts J (payments) 21,910 Cash funds lastyear end r6qovement in loans to SSOP Ltd 37￿05 12,145) 50,015 {34,1201 Cash funds thi5 y&ir end 38,626 37,805 Page 2

STOC1<PO￿l SYMPHOKY ORI statement of Assets and LiabTrti25 as at31stJul 2023 2022 Cash Funds Cash in har Current account Deposit account Noti￿ account 5,977 12,079 20,571 38,626 5.285 32,520 37,805 Other monetary assets Debtors 43R89 41.244 Assets Tetained for chaTiWs ovm u¥e Orchestral equipment atvduation 150 150 Liabilities Creditors 28,655 33,047 Approved by the illlanagement Committee on the 30th November 2023 and signed on Its behalf by Vkl David Martin Honorary Treasurer Page 3

CHARrrf NUMBER 516159 STOCKPORT SYMPHONY ORCHESTRA REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2023 ICAEW CHARTERED ACCOUNTANTS HEYWOOD SHEPHERD Chartered Accountants

STOCKPORT SYMPHONY ORCHESTRA Independent Examiner's Report to the Trustees I report on the accounts of the stockr￿ Symphony Orchestra forthe year ended 31 Ju5y 2D23, which are Set out on pages 2 to 3. Respe¢tlve responsibilities of the trustees and examiner The charity's trustees are responsible for the preparation of the ac￿unts. The charivs trustees consider that an audit is not required for Ihis year under section 14412) of the CharitEs Act 2011 {the Charities Act) and that an independent examination is needed. It is my responsibility to= - examine the accounts undersectton 145 ofthe Charities Act - follow the procedures laid down in the general Directions given by Ihe Charity Commission under section 145(5){b) ofthe Charities Art and - stale whether paitcular matters have come to my attention. BasK5 of independent examinerfs ststement My exgmination was carried out in accordance with the general Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by the Gharity and a comparison ofthe accounts presented with those recDrds. It also includes consideration of any unusual items or disclosures in the accounts, and seeking expEaTJalK)ns from the tmstees conceming any such matteTS. The procedures undertaken do not provide all the evtder7ce that woukl be required in an audiL and (x)nsequentty no opinh)n given as to whether the accounts present a Yrue and fairview, and the report is limÉied to those matters set out in the stafiem￿t below. Independent examiner's statement In connection with my examinatlon. no matter has come to my attentson: (1) which gives me reasonable (xuse to bef￿ve that in any material respecl the requirements: to keep accounting records in aC(X)rdan￿ with section 130 of the Charities Act b prepare axounts whKth acmrd wlh the accounting records and cOm￿Y with the a¢￿Unting requirements of Ihe Charities Act have not been met or (2} to which, in my opinion, attentton shoukl be dra￿ in orderto enable a proper understanding ofthe accounts b be reached. Neil Kennington Chartered Accountant For and on behalf of . Heywood Shepherd Chartered Accountants and Registered Auditor 1 Park Street Macclesfield Cheshire SK116SR 30th November 20rJ Page 1

STOCKPORT SYMPHONY ORCHESTrA Receipts and Payfflents Account- Unrestricted Funds Forlhe ear ended 31 Jul 2023 2023 2022 DonatiOnS Choral and misceltaneous income ()onaknons including gift aid Other donations SiYMC sponsorship Legacy 700 8,780 2,059 2,511 500 Operating aGtivilies to generate funds Box Offi￿ sales Programme sales 32,970 1,152 21,786 765 Imrestment Income Bank and other interest receNed 130 44￿93 33,974 Payments for generattng funds Charges from SSOP Ltd Music Extra players Instrument repairs SIYMC extra event costs Other major event costs Publicity Programmes Insurance 32￿55 5,880 251 16 60 5,919 822 143 39￿90 3,341 566 137 10.OOCI Management & administration General ntnning expenses 1?37 2,064 Total payments 41￿27 12,064 Net receipts J (payments) 21,910 Cash funds lastyear end r6qovement in loans to SSOP Ltd 37￿05 12,145) 50,015 {34,1201 Cash funds thi5 y&ir end 38,626 37,805 Page 2

STOC1<PO￿l SYMPHOKY ORI statement of Assets and LiabTrti25 as at31stJul 2023 2022 Cash Funds Cash in har Current account Deposit account Noti￿ account 5,977 12,079 20,571 38,626 5.285 32,520 37,805 Other monetary assets Debtors 43R89 41.244 Assets Tetained for chaTiWs ovm u¥e Orchestral equipment atvduation 150 150 Liabilities Creditors 28,655 33,047 Approved by the illlanagement Committee on the 30th November 2023 and signed on Its behalf by Vkl David Martin Honorary Treasurer Page 3