## Newry Chamber Music Financial Statements
for the financial year ended 31 March 2025
Charity No: NI 109759
## Newry Chamber Music CONTENTS
||Page|
|---|---|
|Report ofthe Committee Report|3|
|independent Examiner's Report|4|
|Income and Expenditure Account|5-6|
|Balance Sheet|7|
|NotestotheFinancialStatements|8|
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## Newry Chamber Music COMMITTEE REPORT
for the financial year ended 31 March 2025
The Committee presents their report and the financial statements for the financial year ended 31 March 2025.
Approved by the Committee on 10‘ January 2026 and signed on their behalf by:
/ OnNw CL. Ronan Larkin Chairperson
3
## Newry Chamber Music
Independent examiner’s report to the charity trustees of Newry Chamber Music | report on the accounts of Newry Chamber Music for the year ended 315t March 2025, which are set out on pages 5 to 8.
Respective responsibilities of charity trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
## It is my responsibility to:-
- ® Examine the accounts under section 65 of the Charities Act
- ¢ Follow the procedures laid down in the general Directions given by the Commission under section 65(9}(b) of the Charities Act
- e State whether particular matters have come to my attention.
## Basis of independent examiner’s report
| have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity anda comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, 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 cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those account records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
## Independent examiner’s statement
| have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, | have found no matters that require drawing to your attention.
## Michael Goss FCA
Chartered Accountant Michael Goss & Co Ltd Chartered Accountants Crobane Enterprise Park 25 Hilltown Road, Newry, BT34 2LJ
## 10 January 2026
## I
## Newry Chamber Music INCOME AND EXPENDITURE ACCOUNT
## for the financial year ended 31 March 2025
||2025|2024|
|---|---|---|
||£|£|
|Income|||
|NMDC|38,109|22,690|
|Ticket sales|34,797|13,057|
|Shared Island|300|-|
|ACNI H&S Capital|4,975|6,546|
|ACNi Lottery|50,000|51,000|
|Private donations|460|940|
|OtherACNI|7,317|-|
|NCM Friends|1,400|1,500|
|Corporate Sponsor|15,000|-|
|External Promoter Hire|1,950|-|
|Other|-|5,885|
|ACIE|30,254|-|
||184,562|101,618|
|Cost of Sales|||
|Artist fees|103,642|52,250|
|Artist travel|2,471|8,383|
|Artistaccommodation|4,845|3,828|
|Design
Print
Marketing|2,823
1,250
3,962|1,566
730
1,587|
|IT and website|3,438|1,119|
|Stage and lighting|910|1,548|
|Equipment|8,819|389|
|Venue hire - concerts|3,621|669|
|Instrument hire|600|431|
|Piano tuning|765|815|
|Transport Costs|1,423|1,151|
|Music Purchases|308|498|
||138,877|74,964|
|Gross Surplus|45,685|26,654|
|Expenditure|||
|Admin fee|37,271|27,244|
|Admin expenses|3,391|2,455|
|Hire ofoffice and rooms|1,325|1,275|
|Insurance|1,265|1,504|
|Printing, postage and stationery|104|113|
|Telephone and fax|392|644|
|Accountancy|720|-|
|Bank interest and charges|4|34|
|Miscellaneous|2,118|274|
|Subscriptions|320|561|
|Depreciation on plant and equipment|5,254|§,372|
|Depreciationonmotorvehicles|4,611|6,149|
5
## Newry Chamber Music INCOME AND EXPENDITURE ACCOUNT for the financial year ended 31 March 2025
||||||2025|2024|
|---|---|---|---|---|---|---|
||||||£|£|
||||||56,775|45,625|
|Excess|of|Expenditure|Over|income|(11,090)|(18,971)|
The financial statements were approved and authorised for issue by the Committee on 10" January 2026 Signed on behalf of the Committee of Management
Ronan Larkin Chairperson
## 10'* January 2026
6
## Newry Chamber Music BALANCE SHEET
as at 31 March 2025
|||2025|2024|
|---|---|---|---|
||Notes|£|£|
|Fixed Assets||||
|Tangible assets|1|43,608|53,473|
|Current Assets||||
|Cash at Bank and in hand|2|9,003|10,228|
|Net CurrentAssets||9,003|10,228|
|Total Assets Less Current Liabilities||52,611|63,701|
|Financed By||||
|Previous balance||63,701|23,078|
|Capital Account||~|59,594|
|Excess of Expenditure Over Income||(11,090)|(18,971)|
|Members’Fund||52,611|63,701|
The financial statements were approved and authorised for issue by the Committee on 10" January 2026 Signed on behalf of the Committee of Management
Ronan Larkin Chairperson
10 January 2026
7
## Newry Chamber Music NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025
|1.|TANGIBLE ASSETS||||
|---|---|---|---|---|
|||Plantand|Motor|Total|
|||equipment|van||
|||£|£|£|
||Cost||||
||At 31 March 2025|40,400|24,594|64,994|
||Accumulated Depreciation||||
||At 1 April 2024|5,372|6,149|11,521|
||Charge forthe financial year|5,254|4,611|9,865|
||At 31 March 2025|10,626|10,760|21,386|
||Net book value||||
||At 31 March 2025|29,774|13,834|43,608|
||At 31 March 2024|35,028|18,445|53,473|
|2.|CASH AND CASH EQUIVALENTS||||
||||2025|2024|
||||£|£|
||Cashandbankbalances||9,003|10,228|
## RR