COMPANY NO: NI 046714 CHARrfY NUMBER XR 59938 THE STUDIO SYMPHONY ORCHESTRA MICRo-ENTy ACCOUNTS FOR THE YEAR ENDED 31- MARCH 2023
THE STUDIO SYMPHONY ORCHESTRA Inde endeDt Examiner"s Re ort OD the Financial Statements to the Truste I report on e atS of the company f the year ended 31 Marth 2023, which ¢ set (xrt on pages 2 to 4. As the chari trustee4 (and also directors of the company for the purposes of company law), you are responsible for the prearation of the accounts in accordance with the requirements of the companies Act 2006. Having satisfied m*self that the charity is not subject to audit under company law, and is eligible for independent examinaliod. it is my responsibility to: exqmine the accounts under seaion 65 of the Ch&ities Act follow the predureS laid down in the general dITtionS given by the CharÉty Commtssion for Ngrthem Ireland under section 65(9Xb) of the Charities Art stale whether partIlar matters have come to my attention I have examined your charity accounts as requir under lOn 65 of the ChltieS Act and my examination was carried out,in a¢cordancE witb the general directions given by the Charity Commission for Nortbern Ireland undpJ sectidn 65(9Xb) of the Charities Act. The examination included a revlew of the accounting records kept by the charity and a comparkson of the accounts presented with those records. It also included consideration of any unusual items or (lisclosures in the accoun and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me wse to believe. i. that accounting records were not kept in accordance with section 386 of the companies Act 2006 2. that the accounts do not a¢wrd with those accwnting records 3. tha't the accounts do not comply with the accounting requirements of sectÈon 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice aptrlicable to charities preparing their aOUnts in ac£ordance with the Financial Standard applicable in th¢UK TWt tbere is fiuther InfOnn]0n needed for a proper understsoding of the aCcnts to be reached. I have ¢owleted my examillation and have no concerns in respert of the rnatt8 I to 4 listed above anl tn nnection ,'with following the directions of the Charity Commission of Northern Ireland, I have found no matters thad require drawing to your attention. 3° Dember 2023 Accounting Solutions 49a Etgh Street Newtown Co Down i BT23 7HS , Page I
THE STUDIO SYMPHONY ORCHESTRA Balance Sheet as at 31 March 2023 2023 2022 Fixed Assets Tangible Fixed Assets Current Assets Cash at Bank 18.820 16.417 Creditors: Amounts falling due within onc year Net Current Assets Ing Terni Liabilities Total Assets Less Liabilities 1&610 16237 Retained Reserves Retained Reserves bjf Surplusl(Deficit) for year 16.237 15.715 522 18.610 16237 For the y¢ar ending 3110312023, the Comwy was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small compwies. The members have not required tlK company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requiremcnts of the Act wtth rcspKt to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to compam¢s subject to the small comFMnies regime. Eoghan O'Reil Director Date Page 2
THE STUDIO SYMPHONY ORCHESTRA Income & Ex enditure Account for the r ended 31 March 2023 2023 2022 Intome Subscriptions Fri¢rKls of SSO Ticket & Programme Sal¢s Gift Aid Claim Retirement Dinner Donations & Grants Fundraising Activities Tea & Coffee Sales FUnd'sIng events 7.550 495 7.129 1,000 2.053 1.240 291 593 265 414 Expenditure Conductor & Leader Professionals Music Hirc Hall Hire Catering Expens¢s Printing Costs Insurance & Subscriptions Fundraising Expenses Acwuntancy Bank & Card Fees Misc¢llaneous expenses 7.425 2.194 704 1.760 1.149 719 248 154 210 461 580 1.120 68 945 193 180 25 Excess orCome over ExpeDditure 52 roval of Account The foregoing Income & ExndItU Ac(xyunt was approvcd by th¢ committe¢ and signed on its behalf by Eoghan O'Reill Director Date Page 3
THE STUDIO SYMPHONY ORCHESTRA Notss to the Miero-EDti Accounts For the Year Ended 31" March 2023 l. Accounting Policies {a) Basis of Accounting These financial statements have been prepared under the lllstorical cost convention. (b) Income This represents the amount derived from concert perforniances. donations, subscriptions and fund raising events. (e) Taxation The company has been granted charitable status by HMRC under reference XR 59938. 2. Share Capital The Studio Symphony Orchestra is a company limited by guarantee and without sl)are Catal. Page 4