Company registration number.. N1035573
Charity registration number.. 106890
Camerata Ireland
(A company limited by guarantee)
Annual RetK)rt and Financial Statements
for the Year Ended 31 March 2024

Camerata Ireland
Contents
Charity Accounts
1 lo17
Reference and Administrative Details
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10

Camerata Ireland
Reference and Administrative Details
Trustees
Michael Gerard D'Arcy
Noreen Ann Wright
Simon Taylor
Kieran Richard Tobin
Rosemary Margarel O'mahony
Roger Alan Pollen
Mr Barry Douglas
Secretary
Charity Registration Number
106890
Company Registration Number N1035573
The charity is incorporated in Northern Ireland.
The Coutyard
Clandeboye Estate
Bangor
County Down
BT19 1RN
Registered Office
Independent Examiner
RBCA Limited
Linenhall Exchange
26 Linenhall Street
Belfast
BT2 88G
Page 1

Camerata Ireland
Trustees. Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 March 2024.
Objectives and activities
The companys objectives have been set out below.
Musicians
Pro-actively research and seek out the best Irish musicians. from north and south, both emerging
from conservatories and colleges in Ireland and overseas and those already established, to play in the
orchestra.
Ensure that the best of players are motivated and facilitated to perfom with Camerata Ireland,
without diminishing their other freelance opportunities.
Ensure that all Irish players, at home or abroad, are aware of Camerata Ireland and the opportunities
to play with it as a vehicle for professional development.
Create opportunities for Irish and intemational soloists and conductors to perfomi with Camerata
Ireland.
Education and outreach
Discover and encourage the young musician at an advanced stage in their musical development or
starting their professional music career. by offering performance and mentoring opportunities. This
would be through masterclasses at the Clandeboye Festival in Co Down every August, but also by
inviting young musicians on tour with Camerata Ireland where they can perform alongside our
established musicians as members of the orchestra or as soloists.
Mission statement
Camerata Ireland, a world-class chamber orchestra from the island, north and south. expresses the
vitality and excellence of Irish musicianship by performing, at home and abroad, under the artistic
leadership of international pianist Bary Douglas.
In setting objectives and planning activities for the year. the Trustees continue to give careful
consideration to the Charity Commission for Northem Ireland's guidance on public benefit to ensure
that the activities have helped to achieve the charitys purposes and provide a benefit to the
beneficiaries.
Page 2

Camerata Ireland
Trustees. Report
Public benefit
Camerata Ireland's activities benefit the Northern Ireland public by offering high quality classical
chamber music events during its annual Clandeboye Festival at a range of accessible prices. The
Camerata Ireland chamber orchestra benefits the young, emerging musicians, from across the island
of Ireland, who get the opportunity to perfomi with established musicians and visiting internationally
acclaimed soloists. Established musicians from across the island of Ireland get the opportunity to work
with internationally acclaimed soloists and bring their talents to a wider audience on both sides of the
border.
Music students benefil from the Clandeboye Festival Academy programrne through which they
receive free masterclasses wth visiting international soloists, as well as the opportunity to showcase
their talents in performance. Many of the music students benefit from ongoing opportunities to perform
with Camerata Ireland. Camerata Ireland's educational project work benefits children. young people,
their families and wider communities by bringing high quality classical music performances to
disadvantaged areas. Camerata Ireland's international touring activities raise awareness
internationally of the high standard of classical musicianship across the island of Ireland. It also helps
to develop the careers of the emerging and estsblished musicians who perform with the orchestra.
The benefits from Camerata Ireland's activities can be demonstrated through the ongoing popularity
of the Clandeboye Festival and invitations to the orchestra to perfomi internationally. Many of the
music students who have participated in the Clandeboye Festival Academy have gone on to develop
professional careers in music. an outstanding example of whom is the pianist Michael McHale. One of
Camerata Ireland's most recent education projects Harmony North involved 9 post-primary schools in
North Belfast and culminated in a performance at the Kennedy Centre in Washington to mark the
anniversaries of the Battle of the Somme and the 1916 Easter Rising.
The charity benefits the following
Northern Ireland public including young emerging classical musicians and established classical
musicians from across the island of Ireland.
Students, children, young people, their families and wider communities in disadvantaged areas of
Northern Ireland.
The wider classical music wodd across the island of Ireland
International audiences for classical music emanating from the island of Ireland.
Page 3

Camerata Ireland
Trustees. Report
Achievements and performance
2023-24 was a year of recovery and renewal for Camerata Ireland, following the downturn in activity
and audiences that had occurred due to the Covid-19 pandemic. The season also marked 25 years
since the orchestra was founded by Barry Douglas in response to the Good Friday Agreement, and,
fittingly, coincided with the relaunching of the orchestra's international touring programme.
The first concert of the season was a highly successful and well-attended concert in the National
Concert Hall, Dublin in June 2023, continuing the orchestra's residency at this great venue.
The 22nd Clandeboye Festival took Pla￿ in August 2023, with 13 concerts taking place over 8 days
in the Clandeboye Estate, Co. Down. The festival was a great success, celebrating, as always, the
very best of international and home-grown talent, and with a significant increase in audience numbers
compared to the previous year. Camerata Ireland perfonned at 2 concerts during the festival, both of
which were recorded for a later broadcast on Classic FM.
The Camerata Ireland Academy- Camerata Ireland's young artist development programme - returned
as a live residential course for the first time since before the pandemic with 11 students taking part in
master-classes and rehearsals, and perfonning at the Young Musician's Showcase. The young
musicians were awarded bursaries supported by the Dufferin Foundation and Flax Trust.
The orchestra's anniversary celebrations commenced in February 2024 with the launch of a concert
series at the National Concert Hall. Dublin
Camerata 25 at NCH
with two further concerts
scheduled to take place later in the year. This was followed by a 3-concert US Tour in March, with
performances in Manasses VA, Troy NY and New York's Carnegie Hall.
In March 2024, Camerata Ireland was honoured to receive a generous legacy from the estale of Dr
Louise Rene Cooke. Dr Cooke was a music lover and longtime attendee of the Clandeboye Festival
as well as having a prestigious career as a plant pathologist and academic.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees-
Michael Gerard D'Arcy
Noreen Ann Wright
Simon Taylor
Kieran Richard Tobin
Rosemary Margaret O'mahony
Roger Alan Pollen
Ms Julie Hastings (resigned 27 November 2023)
Page 4

Camerata Ireland
Trustees. Report
Structure, governance and management
The charity is governed by its Memorandum and Articles of Association. Camerata Ireland is a
company limited by guarantee, as defined by the Companies Act 2006. The charity was registered
with the Charities Commission Nl on 15 December 2017.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Recruitment and appointment of trustees
Trustees are recruited based on their experience and expertise.
Financial review
The legacy from Dr Cooke along wth a Gift Aid Claim for 2019-2023 resulted in a surplus of £44,623.
The total funds at 31 March 2024 were £39,068. The trustees aCkno￿edged the positive impact of the
legacy on Camerata Ireland, and agreed that this sum should be held in the organisation's reserve
account.
Policy on reserves
The level of reserves held at 31 March 2024 was £39,068. It is the chariws policy to hold at least 6
months. running costs in reserve.
Statement of trustees. responsibilities
The trustees (who are also the directors of Camerata Ireland for the purposes of company law) are
responsible for preparing the truslees. report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice), including FRS 102 Yhe Financial Reporling Standard applicable in the UK and
Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources. including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to=
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements., and
prepare the financial staternenls on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other i￿egUlarities.
Page 5

Camerata Ireland
Trustees. Report
10 Dec 2024
The annual reporl was approved by the trustees of ihe charity on
behalf by-
and signed on ils
Kieran Richard Tobin
Trustee
Page 6

Camerata Ireland
Independent Examiner's Report to the trustees of Camerata Ireland ('the
Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of Camerata Ireland (and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of the
Charities Act {Northem Ireland) 2008 (the '2008 Act.) and Companies Act 2006 ('the 2006 Act,). You
are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of Camerata Ireland are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your charity's accounts as carried out under section 65 of the Charities Act (Northern
Ireland) 2008 ('the 2008 Act'}. In carrying out my examination I have followed the Directions given by
the Charity Commission for Northem Ireland under section 65{9)(b) of the 2008 Act.
Independent examiner's statement
I have completed my examination and have no concems in respect of the matters (1) to {4) listed
below and, in connection with following the Directions of the Charity Commission for Northern Ireland,
I have found no matters that require drawing to your attention.
1. accounting records were not kept in respect of Camerata Ireland as required by section 386 of
the 2006 Act., or
2. the accounts do not accord with those records" or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination: or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities lapplicable to
charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK an(i Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
L¥LA L4J
Brian Stewart
RBCA Limited
Linenhall Exchange
26 Linenhall Street
Belfast
BT2 8BG
12 Dec 2024
Date:.............................
Page 7

Camerata Ireland
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Other Irading activities
Other income
155.583
81,642
4.832
136.198
291,781
81,642
4,832
159,493
63,294
9,828
Total Income
242.057
136.198
378,255
232.615
Expenditure on:
Raising funds
Charitable activities
(176,050)
(21,384)
{136,198)
(312.248)
(21,384)
(222,572)
(27,697)
Total Expenditure
(197.434)
(136,198)
(333.632)
(250,269)
Net incomel(expenditure)
44,623
44,623
(17.654)
Net movement in funds
44.623
44,623
(17,654)
Reconciliation of funds
Total funds brought forward
(5,555)
39,068
(5,555)
39,068
12,099
Total funds carried forward 14
5,555
All of the charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shovln in note 14.
The notes on pages 10 to 17 fonn an integral part of these financial statements.
Page 8

Camerata Ireland
(Registration number: N1035573)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
1,565
2,086
Current assets
Debtors
Cash at bank and in hand
12
128,454
85
26,816
88
128,539
26.904
Creditors: Amounts falling due within one year
13
91,036
34.545
Net current asselsl(liabilities)
37,503
7.641
Net assetsl(liabilities)
39,068
{5,555)
Funds of the charity:
Unrestricted income funds
Unrestricted funds
39,068
5,555)
Total funds
14
39,068
5,555)
For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities-
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts.
10 De{lA￿lanCIal statements on pages 8 to 17 were approved by the trustees. and authorised for issue on
and signed on their behalf by:
Kieran Richard Tobin
Trustee
The notes on pages 10 to 17 form an integral part of these financial statements.
Page 9

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charity status
The charity is limited by guarantee, incorporated in Northem Ireland, and consequently does nol have
share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the
assets of the charity in the event of liquidation.
The address of its registered office is=
The Courtyard
Clandeboye Estate
Bangor
County Down
BT191RN
2 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021} (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Camerata Ireland meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
The financial statements are prepared in sterfing. which is the functional currency of the entity.
The level of rounding is to the nearest £ Sterling.
Going concern
The financial statements have been prepared on a going concern basis.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income. it is probable that the income
will be received and the amount of the income receivable can be measured reliably.
Page 10

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
met, the income is recognised as a liability and included on the balance sheet as deferred income to
be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is reqUI￿d and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources. wth ￿ntral staff costs allocated on the basis of time spent. and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources. for example, allocating property costs by floor areas. or per
capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £49.055 or more are initially recorded at cost. less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any
estimated residual value. over their expected useful economic life as follows:
Asset class
Fixtures & Fittings
Depreciation method and rate
25°/o on Reducing balance method
Page 11

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the
ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at
amortised cost using the effective interest method. less provision for impairment. A provision for the
impairment of trade debtors is established when there is objective evidence that the charity will not be
able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if the charity
does not have an unconditional right, at the end of the reporting period, to defer setllement of the
creditor for at least twelve months after the reporting date. If there is an unconditional right to defer
settlement for at least iwelve months after the reporting date. they are presenled as non-current
liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at
amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
3 Income from donations and legacies
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
Donations
38,871
30.212
38,871
30,212
100,079
24,927
11.192
86,500
24,358
Legacies
Grants - ACNI
100.079
24,927
11,192
94,454
5,681
Granls - Culture Ireland
Grants - Other
Sponsorship
86.500
35,000
155,583
136,198
291.781
159,493
Page 12

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
4 Income from other trading activities
Unrestricted
funds
General
Total
funds
Total
2023
Events income.
Concert receipts
81.642
81,642
63,294
81.642
81,642
63,294
5 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
General
Restricted
funds
Total
2024
Total
2023
Note
Concert costs
176.050
136.198
312,248
222,572
176,050
136.198
312,248
222,572
6 Expenditure on charitable activities
Unrestricted
funds
General
Total
2024
Total
2023
Note
Allocated support costs
21.384
21,384
27.697
7 Trustees remuneration and expenses
Payments of £6.750 {2023 :£3.970} were made to Mr M G D'Arcy. a trustee of the company, during
the year in respect of professional ServI￿S provided to the company.
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Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
8 Staff costs
The aggregate payroll costs were as foll0v￿.
2024
2023
Wages and salaries
Pension cost
32,000
960
17,762
400
32,960
18,162
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year expressed as full time equivalents was as follows..
2024
2023
No
Employees
No employee received emoluments of more than £60,000 during the year.
Page 14

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
9 Independent examinerfs remuneration
Independent Examination fee for the year is £1,700 (2023- £1,600).
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Tangible fixed assets
Furniture and
equipment
Total
Cost
At 1 April 2023
49,056
49,056
At 31 March 2024
49.056
49,056
Depreciation
At 1 April 2023
Charge for the year
46,970
521
46,970
521
At 31 March 2024
47.491
47,491
Net book value
At 31 March 2024
1,565
1,565
At 31 March 2023
2,086
2,086
12 Debtors
2024
2023
Trade debtors
Prepayments
30,694
97,760
17,999
8,817
128,454
26,816
Page 15

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
13 Creditors: amounts falling due within one year
2024
2023
Bank overdraft
Trade creditors
Other taxation and social security
Other creditors
56,926
976
3,161
29,973
17,709
2,883
8,506
5,447
91,036
34.545
The bank overdraft is secured by a floating charge over the assets of the charity.
14 Funds
Balance at 1
April 2023
Incoming
resources
Resources
expended
Balance at 31
March 2024
Unrestricted funds
General
(5,555)
242,057
{197,434}
39,068
Restricted funds
136.198
(136,198)
Total funds
(5,555)
378,255
(333.632)
39.068
Balance at 1
April 2022
Incoming
resources
Resources
expended
Balance at 31
March 2023
Unrestricted funds
General
12.099
132.480
(150.134)
(100.135)
(5,555)
Restricted funds
100,135
Total funds
12,099
232.615
(250,269)
{5,555)
The specific purposes for which the funds are to be applied are as follows:
ACNI grant income of £100,079 was restricted to core costs and program costs.
Culture Ireland income of £24,927 was restricted to the costs in relation to the US tour.
Ards and North Down grant income of £6.192 was restricted to Clandeboye Festival 2024.
AIDF grant income of £5.000 was restricted to the costs in relation to the US tour.
Page 16

Camerata Ireland
Notes to the Financial Statements for the Year Ended 31 March 2024
15 Analysis of net assets between funds
Unrestricted
funds
General
Total funds
at 31 March
2024
Tangible fixed assets
Current assets
Current liabilities
1,565
128,539
(91,036)
1,565
128.539
(91,036)
Total net assets
39,068
39.068
Unrestricted
funds
General
Total funds
at 31 March
2023
Tangible fixed assets
Current assets
Current liabilities
2,086
26,904
{34,545)
2,086
26.904
(34,545)
Total net assets
{5,555)
{5.555)
Page 17