Founded 1966
STRATHEARN MUSIC SOCIETY Registered Scottish Charity No. SC006801
TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 15[TH] APRIL, 2026
Strathearn Music Society Contents Page Legal and adminisiraiive inforniaiion Trustees, report Independent examiner'% report Receipts and payments account Siatcmcnt of balance% Notes 7-10
Strathearn Music Society Legal and administrative information Seottish charity number SC006801 Patron Sir James mmIlIan CBE FRSE Contact address 2 Youngs Court Crieff PH7 3SW Trustees Jennie Turnbull Calluin MacLcod Gae Maiihews Alasuir Jack Melvyn Turnbull Eilidh Klemm Jon williS Peter Jones Chair Vice Chair Treasurer Secre(ary Independent examiner Mrs J Lochhead Craig House Si David's Maddeny Crieff PH7 3PJ Bankers Royal Bank of Scoiland Perth Chief vffice (Bl Blanch 12 Dunkeld Road Perth PHI 5RB Page I
Strathearn Music Society Report of the trustees for the year ended 15 April 2026 The rrusiees preseni Iheir report and Ihe financial siaiemenis for Ihe year ended 15 April 2026. The irUse$ who served duTin¥ the yedr dnd up lo the ddle of this repurt set out Pdge l. Strneture9 governanee and management Gov¥rF7ing doc'umevl The Charity is an unincorporad associaiion, govemed by its consiiiuiion lasi amended on 18ih May 2UI6. RecruitineMI and appointin£nt of trusl£es TSteeS are appointed or Teappoiiited by the members at the Society's Annual General Meeting, or co-opted until the nexi AGM by Ihe commi[e ai oiher times. Churituble purpos¥ The purposes of the Society are to promoie and encourage Ihe siudy, practice and knowledge of music and Ihe ans in Strdihearn and surrounding district, nd other inu5]cl, eductIoTil dnd cultu1] PUTposes coiinected therewith. Objective5 and activities A<'tiviti¥J The promotion of d seiies of cldSSlLal mUSiL concerts each Yer. In ddition, niusiLdl WOTkshops dnd other dCtivitie5 aimed at %chaol pupils are organi%ed in cn-operatian with Incal .%chool%. Other concerL% nutwith the regll13r winter seLsnn ale also oiganised. Achievements and performance We celebTated our 60th S&qson with OUT usual winter programme of six chamber rnusic concerts, alongside two s(andalone events.. A Night ai ihe 0ra, with singers and orchesira from Classical Musicians Scotland, and our popular summer jazz night. We continued our colldboration Thqih Perth Chamber Music to fund dnd orgdnise music workshop from the Thistle Trio in local schools, and have inviied local schnol pupils io play at our AGM. Financial review Pulic'y (Jry reseryeJ Sirathearn Music Socieiy regularly contrac(s with anists or their agents more ihan Iwelve monihs in advance. Ai ihe end of a season we usually have all the contracts in place for the ei)tirety of the next seasoii and have started work ot] the season after ihai. To be able 10 honour our CommiinEnis we have decided Ihai li is necessary io mainiain cash reserves equdl to Iwij bed50nb expeiidilure. Andlybis uf p(iyments made vvei the Idst few Ye1[S, exLluding the yedrb affeLted by Covid, give% an avcragc of apprnximatcly £1 l.otxl pcr ycar. Thi% %uggc%t% that our rcscrvc% mu.%t bc at Ica%t £22,otx) to allow us to plan confidently lor the fuiure. Cash reserves ai the end of Ihe yeai were £12,467 and Ihe socieiy's investnitnts were valued at £19,315. The trnstees consider that the level of reserves held ai the year end enables the socieiy 10 promote a similar series of conceris and workshops in the fuiure. Siirplu.I/Deficiifor ihe )'edY Aciiviiies for Ihe year io 15ih April 2026 resulied in a deficit in Ihe unrestricied funds of £903 12025.. £1751, leaving a bln¢t of £1 1.789. The restricted Youth Fund hdd a deficit of £87812025.. £5081 leaving d blnce of £678. Acknowledgements The Trustees gratefully acknowledge financial support and sponsorship froin Charnber Music Scotland {CMSI and supw)n from Irving Geddes, soli¢iiors and eS[a agenis. Page 2
Strathearn Music Society Report of the trustees for the year ended 15 April 2026 Plans for future periods We are in the piDcess of finalising details for our coming season, 2026 - 2027, but we can promise a saxophone, a baroque ensemble, and pianist Murray McLachlan celebrating Beeihoven's bl¢ennary, alongwiih a siring irio and iwo contiastinu duos of violiii and accordion, dnd euphoniuin and percussion. We shall dlso be hAving nOther Standalone concert, this tinie fTnJn the Scnttish Clarinet Choir, who are very definitely noi a chamber ensejnble. Ti£iditiOll(Illy we always held oui conLeits on Wednesday evenings at 7.30pm, apait fiom the bummei jaL£ concert which ]% held on the Friday evening neare%1 to mid8uinmer'% night. Over the next two %ea8on% we are experimenting with the times and days of our conceris. We hope that this 1] atiract new audience members. The Clarinet Choir will pertorni on a Sunday afteTnoon at 3pm and the first concert of our 2027 2028 season has already been booked for a Saturday evening. lil June 2026 we dre tdking P<lrt Ill <in event orgdnibed by Perth dnd Kinross Cvuncil to PTomLite ¥roups <ind sKieties th()t npcratc in Cricff and thc %urrounding arca. This cvcnt will bc staged at Straihcarn Comniunity Campus and will bc an oppoiiunily lor us to promote our 2026- 2027 programme to Criel"f residenis who might noi know aboui our existenLe. We will continue to engage with the local printed iiewspapers at]d magazines as usual. Reviews are set]t to the Strathearn Herald newspaper and we submit the dates of our concerts 10 The Quair maga7.ine. We will al80 coniinue the praciice of displaying posters, for each of our concerts. in approximately 40 loc] businesses. A new venture will see us pay for a half-page advert in the quarterly magazine produced by Sirathearn Ans. This magazine advertises Straihearn Aris, own pio¥iamm¢ of LonLeits as well ds many tsthtti atls events. Our programining choice8 continue to be influenced by the de%irt to showca%e female compo%er%, Scottish performers and young performers who welcome the opportunity 10 showcase their ialent. Statement of trustees, responsibilities The iru%tees are re%pnn.sible fnr preparing financia] statement% which give %ufficient detail ta enable appreciatinn af the tiansactions of the charity durin¥ the fin£lnCi£il year. The tTUStees are responsible foi keepin¥ piijpei dLLountin¥ leLoids whiLh disLlose with redson£ible dLLufdLy at dny titne the fjnancial position of the charity and enable them to en%ure that the financial statements comply with the Charities and Trustee Investment (Scotlandl ALL 2005 and the Charities Accounts (Scotlandl Regulations 2(KKJ. They are also responsible foi. safeguarding the assets of the charity and hence for taking Teasonable steps for the prevention and de¢[lon of fraud and oiher irregulariiies. On behalf of the Trustees Jennie Turnbull Chair 5 May 2026 Page 3
Strathearn Music Society Independent examiner's report to the trustees on the unaudited financial statements of Strathearn Music Society. l Teport on the aLcuunts fijr the yedl ended 15 April 2026 set out Un Pd¥es 5 to 10. Respective responsibilities of trustees and illdependent examiller The LhaTily's ti"uslees dre responbible foi the prepdf(Ilion ol Ihe dLLiJunls in accordance with the tetrnb uf the chtles and Trustee Inve%tment (Scotlandl Act 2n05 (the Act) and the Charitie% Accnunt8 (Scotlandl Regulation% 2tX)6. The charity, trustees consider that the audit requirement ol" Regulation 101 I I Id} ol" Ihe Accountb Regulations does not apply. It is my responsibility to state, on the basis of my examination as required under section 4411) Ic) of the Act, whether particular matters have corne io my alntiOn. Basis of Independent examiner's statement My cxamination is carried out in accnrdancc with Rcgulation I I nf the Charitics Accounts Iscntland) Rcgulation% 2(Xl6. An examinaiion includes a review ol the accounting records kept by Ihe chaiily and a comparison of Ihe accounis presented with Iho%e records. It also incllldes con%ideralion of any unu%llal items or disclosure% in the accollnts, and seeks explanations from ihe trustees concerning any such matters. The procedures undertaken do nor provide all ihe evidence tht would be requiTed in an audit, and consequently I do not express an alldit opinion on whether the accoun15 present a 'trne and fair view.. Independent examiner's statement In the cL)UTse of rny exarnindtion, no mdtter has come to iny attention.. which givc% mc re&sonablc cau%c to bclicvc that in any terial rc%pcei thc reqlljrCnnl8'. to keep praper accnunting record% in Ekccardance with Section 4411) {a) of the 2005 Aci and Regulatinn 4 nf the 2006 AcLounts Regulations, and its prepare acctsunis whiLh accoid wilh the acctsuniing records and comply with Regulaiitsn 9 01 the 2006 Accounts Regulations have iiot been Tnet, Lir to which, in my opinion, attention shollld be drawn in order to enable a proper under%tanding of the accounts 10 reached. Mrs J Lochhead Independent examiner Craig House Si David's Madderty Criel"f PH7 3PJ Date: Page 4
Strathearn Music Society Receipts and payments account For the year ended 15 April 2026 Unrestrieted general Restricted funds funds 2026 Total 2025 Total Notss Receipts Donations Grant Gross trading re¢eipLS Invesimeni income 3,079 2,0(Xl 3,240 2,068 5,147 2,000 4,293 2,700 2,961 1,199 1,177 Total receipts 9.496 2,(h58 11,564 11,153 Payments Expenses for tundraising aciiviiies Grosb trading paymenis Chaiitable activities Governance costs 355 582 9,387 75 35.5 582 12,333 75 203 497 11,651 85 2,946 10,399 2,946 Purchase of assets and investments Equipment purLhase Total paytnents 10,399 2,946 13,345 12,436 Surplusl(deficit) for the year {903) 18781 11,7811 11,2831 Page 5
Strathearn Music Society ststement of Balances as at 15 April 2026 2026 2025 Notes Cash Funds Opening bank and c&sh balances Surpluslldeficitl for ihe year 14,248 11,2831 Closin¥ bdnk dnd Ld5h bdl<inces 12,467 14,248 Investments Market Market Value Value M & G Charifund 19,315 16,343 Fixed Assets Net Book Value Net Book Value EquipTnent 10 53 80 Debtors 733 190 Creditors Split of Funds Restricied inLome lunds Unre5tiicted general fund 678 11,789 1.556 12,692 12,467 14.248 The financial statements were approved by the Trustee5 on 5 Mdy 2026 and signed on their behalf by Jennie Turnbull Chair Alastair Jack Treasllrer Page 6
Strathearn Music Society Notes to financial statements for the year ended 15 April 2026 Accounting policies The principal cCOUl1ting policies ale summarised below. The accounting policies have been applied consistently Ihroughoui Ihe year and Ihe preceding year. 1.1. B&sis of accounting These accounts have been piepared on the Receipts and Payinents basi5 in accordaiice with the Charitie5 and Trustee Invesimeni {Scoilandl Acr 2(X)5 and Ihe Chariiies Accounts {Scoilandl Regulaiion$ 2006 las aniended}. 1.2. Fund accounting The Charily has tM)ih reSiricd and unrestricted funds. Unreslricd funds are those Ihai may be used ai rhe discreiion of the Irusrees in furtherance of Ihe chariiy's objectives. The Iiustees mdlnt(iin d sin¥le unre5tiiLted fund foT the d<ly-to-ddy ruiininu of the SoLiety. Resiricied funds may only be used for spe¢ifi¢ purposes. Resiri¢iions arise when specified by rhe donor or where funds dre rdised foi specific PUTposes. The SoLiely hdb two reslriLled funds, <1 Youth Fund mdlnt(iined by SPeLific donatians and u%cd ta support workshops for %chool pupils and a Piann Spnnsorship Fund fnr funding of piano hire for specilic concer(s. 1.3. Grants GrEuit% amounting to £1.089 were paid out of the Youth Fund during the year. Donations and grants Unre&trieted general Restricted funds 2026 Total 2Q25 Total Donations Members, subscriptions Members, dollation Tax rccovcrcd on Gift Aid sponsor.ship 2,220 459 2,220 2,527 2,420 1,158 415 300 2,068 4tX) 400 3.079 2,(h58 5,147 4,293 Grants Charnber Music Scotland 2,000 2,(X)O 2,700 5,079 2,8 7,147 6,993 Page 7
Strathearn Music Society Notes to financial statements for the year ended 15 April 2026 Fundraising and trading income Unrestricted general fun(Ls 2026 Total 2025 Total Fundri)i$ing: Trading income: Cnnccrt lickct.%ales 3,240 3.240 2,961 -3.240 3,240 2.961 3,24Q 3,240 2.961 Investment income Unrestricted general funds 2026 Total 2025 Total Dividends Bank interest reLeived 1.023 154 1,023 154 974 225 1,177 1,177 1.199 Fundraising and trading costs Unrestricted general funds 2026 Total 2025 Total Fundraising costs: PTinting Tca. coffcc & bi1t 305 50 305 50 203 355 355 203 Tr#ding eosts: AdvertiSin¥, PTinting 582 582 497 582 5S2 497 937 937 Page 8
Strathearn Music Society Notes to financial statements for the year ended 15 April 2026 Costs of ¢harit8ble activities Unrestricted general Restricted fun(Ls funds 2026 Total 2025 'I'otal Aitists, fees & expenses Hdll hire Piano hii"e, tuning, Irdll5POrt Making Mu%ic, CMS & PRS subscription% Insurance web.siie cosis Bank charges Giants 7,356 975 492 165 1,200 7,848 1,140 1,200 542 107 7,787 948 1,200 564 107 542 107 38 38 1,089 18 658 1,089 9,387 2,946 12,333 11,651 Governance costs Unrestricted general funds 2026 Total 2025 Total AGM hall hiie 75 75 85 75 75 85 Trustees, emoluments and expenses No remuneration wa% paid to any iru.%tee or connected per%on. Expenses of £1,12012025= £7041 lor priniing, advenising, subscripiions, tea, coffee and biscuiis were reimbursed to 3 tru5te£s {2024.. 3 trustees) during the year. Page 9
Strathearn Music Society Notes to financial statements for the year ended 15 April 2026 Restrieted funds At J6 April Incoming Outgoing 2025 resources resources At 15 April 2026 Yijuth Fund Pidllo SOrshiP Fund Concert sponsorship 1.556 211 (1,0891 {6fft1 (1,2571 678 1,257 1,556 2,U68 (2,9461 678 Purposes of restricted funds YÉ)uth Fund Donations made SFe¢ifically io be u.sed for activities benefiiiing children and yourhs. PiuFllP SIJ(PFts(prship Fund Donations provided for the hire of a piano in the 25126 season. Concert sponsorship Funding piovided by d spon50r for the clirnplete costs of a concert. io. Fixed assets Depreciaied linearly at IOQk per annum. Assets include music stands, lights and banners. Page 10