AGRIGENTO (registered as a Scottish Charitable Incorporated Organisation)
SCOTTISH CHARITY NUMBER: SC048679
REPORT OF THE BOARD OF TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
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AGRIGENTO SCIO
CONTENTS
| Page | Page | Page | |
|---|---|---|---|
| Charity Information | 1 | ||
| Report of the Board of Trustees | 2 | 4 | |
| Independent Report |
5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | - 11 |
AGRIGENTO SCIO CHARITY INFORMATION
| LEGAL NAME: | Agrigento SCIO |
|---|---|
| SCOTTISH CHARITY NUMBER: | SC048679 |
| PRINCIPAL ADDRESS: | 14 Saxe Coburg Place |
| Edinburgh | |
| EH3 5BR | |
| BOARD OF TRUSTEES: | Tom Prew |
| Maria Prew | |
| Joanne Davies | |
| BANKERS: | Triodos Bank |
| Deanery Road | |
| Bristol | |
| BS1 5AS | |
| INDEPENDENT EXAMINER: | Paul Marshall CA |
| MHA | |
| 6 St Colme Street | |
| Edinburgh | |
| EH3 6AD |
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AGRIGENTO SCIO
REPORT OF THE BOARD OF TRUSTEES for the year ended 30 September 2025
The Board of Trustees present their report and the financial statements for the year ended 30 September 2025.
Objectives and activities
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a) the advancement of the arts and culture through the creation, development and support of sustainable music projects
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b) to promote similar charitable purposes, objects or institutions in such proportions and manner as the Trustees think fit.
Achievements and performance
2025 saw the second version of the Innovar scheme, designed to promote pedagogical innovation in music as social action (MASA) in Latin America. We again issued an open call for proposals. This year, fourteen projects were selected for seed-funding. The results at the end of the year confirmed that this is an effective way for us to work. All the projects produced decent results, and some of them were really excellent. Small grants seem to go a long way.
We offered follow-on funding to four of the Innovar projects from 2024, and all of them produced work that justified the continued support. We have decided to fund one of them, Preserving the Legacy of Bullerengue, for a third and final year.
We supported the Brazilian project Música do Círculo for a second year. As this was the second in a twoyear cycle, there is not much new to note, but we continue to believe that MdC offers a valuable and distinctive approach to MASA. As such, it is well worth our continued support.
We also offered a small grant for a second year to Proyecto 7 de Abril in Colombia, which has done some very original work at the intersection of music, football, and psychosocial support. Gratifyingly, this project has now secured funding from another source in Colombia and will be continued in 2026.
In 2025 we wrapped up our support for two of our most important partners: Sonido Colectivo in Colombia, and Instituto Conectar in Brazil. These alliances have been very rewarding and productive. We feel that after three years of funding, it is time to encourage these organizations to become independent, but we with Sonido Colectivo, we have agreed to fund a major event that they are organizing in 2026 the next National Meeting of Community Musics. But the organization itself no longer receives financial support from Agrigento.
In a similar vein, we offered follow-on funding to The Choral Commons to avoid a cliff-edge in 2025. Unfortunately, the political changes in the US this year made the original project impossible, so with
We funded the first year of the new National Network of Community Musics in Colombia. This network made a solid start. At the recommendation of Sonido Colectivo, we decided not to refund it not because it was a failure, but because we agreed that it was important for the network to become self-sustaining as soon as possible. This is likely to make it stronger in the long term, as it requires more self-organizing.
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AGRIGENTO SCIO
REPORT OF THE BOARD OF TRUSTEES for the year ended 30 September 2025
Achievements and performance (continued)
The Singing Indigenous Languages Collective (SILC) project in Australia finally came to a conclusion. The project changed shape and was delayed several times, but the end results were very pleasing. The group seems to have laid a solid and ethically grounded foundation for future work on music and Indigenous languages. They have also had productive exchange with a Mexican project run by a previous Agrigento grantee, Héctor Vázquez-Córdoba. These kinds of international, inter-project connections have occurred several times now and they are very gratifying.
We continue to fund the Diploma in Peacebuilding Through Music at the National University of Colombia. apply for our Innovar grants.
In a departure from our usual work, we funded professional development for an Oxford-based community music group called Starling Sessions. This support was much appreciated and seemed to have had the right effect: Starling subsequently secured significant grants (e.g. Arts Council) to expand their work.
Director of Research Geoff Baker made three trips to Latin America in 2025. First, he attended a week-long course in Brazil run by Música do Círculo, giving him an intensive taste of their work. Second, he travelled to Colombia and visited a number of the projects that we work with and fund there, including ones in parts of the countries that he had not previously visited. It was very valuable to get to know more of the contexts from which we receive applications, as well as seeing some of our funded work in action. Third, he was invited to work with the Mexican state program Vientos Musicales for a week, which included a keynote speech. Although we do not fund VM, this was a great opportunity to feed our knowledge into a sizeable strategy.
Geoff participated in the SIMM (Social Impact of Making Music) conference in Brussels, as a presenter and panel chair. He also gave guest lectures on university courses on MASA in Ghent and Geneva and on the -On Music Research Institute (MOMRI), leading up to the next summit (in Belfast in June 2026).
Plans for the future
The Trustees will continue to seek to sustainable music projects to develop and support.
Financial review
The net income for the year was £16,372 (2024: net expenditure of £9,575). This charity has carried forward funds of £107,231 at the year end (2024: £90,859).
Reserves policy
The Trustees will continue to review their reserves policy as the activities of the charity develop further 107,231 (2024: £90,859).
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AGRIGENTO SCIO
REPORT OF THE BOARD OF TRUSTEES for the year ended 30 September 2025
Structure, governance and management
Agrigento is a Scottish Charitable Incorporated Organisation formed on 4 September 2018.
Organisation and Trustee Appointment
Trustees are appointed and removed by the Board of Trustees in accordance with the rules of the SCIO. The Trustees meet regularly to discuss the activities and advancement of the charity.
Trustees , Responsibilities Statement
The Trustees are responsible for preparing the Report of the Board of Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to Charities in Scotland requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP 2019 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity’s constitution . They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on 10 April 2026 and signed on its behalf by
Tom Prew Trustee
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AGRIGENTO
I report on the financial statements of the charity for the year ended 30 September 2025 which are set out on pages 6 to 11.
Respective responsibilities of the Trustees and Examiner
the terms of the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity’s Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.
In the course of my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations;
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Paul Marshall CA 10 April 2026 MHA Chartered Accountants 6 St Colme Street Edinburgh EH3 6AD
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AGRIGENTO SCIO
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 September 2025
| Notes Income from: Charitable activities 2 Investment income 3 Total income Expenditure on: Charitable activities 4 Total expenditure Net income/(expenditure) and net movement in funds Total funds brought forward 9 Total funds carried forward 9 |
Unrestricted 2025 £ 184,882 1,383 186,265 169,893 169,893 16,372 90,859 107,231 |
Unrestricted 2024 £ 153,525 365 |
|---|---|---|
| 153,890 | ||
| 163,465 | ||
| 163,465 | ||
| (9,575) 100,434 |
||
| 90,859 |
The statement of financial activities includes all gains and losses in the year. All income and expenditure derives from continuing activities.
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AGRIGENTO SCIO
BALANCE SHEET as at 30 September 2025
| Notes | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 105,151 | 70,034 | |
| Debtors | 7 | 6,976 | 27,282 |
| 112,127 | 97,316 | ||
| Liabilities | |||
| Creditors: amounts falling due within one year | 8 | (4,896) | (6,457) |
| Net current assets | 107,231 | 90,859 | |
| Net assets | 107,231 | 90,859 | |
| Charity funds | |||
| Unrestricted funds | 9 | 107,231 | 90,859 |
The financial statements were approved and authorised for issue by the Board of Trustees on 10 April 2026 and were signed on their behalf by:
Tom Prew Trustee
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AGRIGENTO SCIO
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 September 2025
1 . Accounting policies
The significant accounting policies applied in the preparation of these financial statements are set out below.
Basis of preparation and going concern
The financial statements have been prepared on a going concern basis under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the financial statements. The financial statements are presented in Sterling which is the functional currency of the charity and rounded to the nearest £.
The financial statements have been prepared in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended), Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Practice.
Agrigento meets the definition of a public benefit entity under FRS 102.
The Trustees have confirmed they consider it appropriate to prepare the financial statements on a going concern basis. This assumes that the charity will continue its operations for a period of at least twelve months from the date of approval of the financial statements.
Income
All income is recognised when the charity is legally entitled to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations that provide core funding or are of a general nature are recognised in the year in which they are receivable, which is when the charity becomes entitled to the resource.
Interest on funds held on deposit is included when receivable. This is normally upon notification of the interest paid or payable by the Bank.
Expenditure
Expenditure is recognised as soon as there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably. The charity is not registered for VAT therefore all costs are shown gross of irrecoverable VAT.
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, those costs of an indirect nature necessary to support them and an allocation of governance costs.
Support costs are allocated between governance costs and other support costs. Governance costs comprise those costs involving the public accountability of the charity and its compliance with regulations and good practice. They therefore include the costs of independent examination. Other support costs relate to the administrative costs of running the charity.
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AGRIGENTO SCIO
NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 30 September 2025
1. Accounting policies
Foreign currency transactions
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains and losses on translation are included in the statement of financial activities.
Debtors
Debtors are measured at their recoverable amount and included when reasonable certainty exists over their receipt.
Cash at bank
Cash at bank includes cash and highly liquid short term investments with a maturity of three months or less from the date of acquisition of the deposit or similar account.
Creditors
Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured reliably.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.
2. Income from charitable activities
| Income from charitable activities | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| 2025 | 2024 | |
| £ | £ | |
| Donations | 184,882 | 153,525 |
All income received during both 2025 and 2024 was unrestricted.
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AGRIGENTO SCIO
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 September 2025
3. Investment income
| Bank interest received Interest on gift aid claims All income received during both 2025 and 2024 was unrestricted. Expenditure on charitable activities Grants paid Wages and salaries Travel and office expenses Other professional fees Bank charges Payroll costs Governance costs Governance costs comprise: All expenditure during both 2025 and 2024 was unrestricted. Wages and salaries Salaries Employer National Insurance Employer pension |
Unrestricted 2025 £ 257 1,126 1,383 Unrestricted 2025 £ 81,930 74,019 9,571 1,097 674 562 2,040 169,893 2,040 2025 £ 65,140 2,199 6,680 74,019 |
Unrestricted 2024 £ 365 - |
|---|---|---|
| 365 | ||
| Unrestricted 2024 £ 86,230 72,900 1,610 - 296 504 1,925 |
||
| 163,465 | ||
| 1,925 | ||
| 2024 £ 64,200 2,315 6,385 |
||
| 72,900 |
4. Expenditure on charitable activities
5. Wages and salaries
One employee received emoluments of between £60,000 and £70,000 in the current year (2024: One employee received emoluments of between £60,000 and £70,000).
The total amount of remuneration received by Key Management Personnel in the year was £74,019 (2024: £72,900).
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AGRIGENTO SCIO
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 September 2025
6.
No Trustee received any remuneration or was reimbursed expenses during the year.
7. Debtors
| Gift aid receivable Creditors: Amounts falling due within one year Accruals and deferred income Taxation and social security costs Pensions payable |
2025 £ 6,976 2025 £ 2,881 1,458 557 4,896 |
2024 £ 27,282 |
|---|---|---|
| 2024 £ 2,310 3,612 535 |
||
| 6,457 |
8. Creditors: Amounts falling due within one year
9. Analysis of movements in funds
| Unrestricted funds Unrestricted funds |
At 1 Oct 2024 £ 90,859 At 1 Oct 2023 £ 100,434 |
Income £ 186,265 Income £ 153,890 |
Expenditure At 30 Sep 2025 £ £ (169,893) 107,231 Expenditure At 30 Sep 2024 £ £ (163,465) 90,859 |
|---|---|---|---|
10. Related parties
During the year one Trustee made donations of £177,906 to the charity (2024: £137,820 to the charity). In addition, gift aid on Trustee donations of £6,976 was receivable at the year end (2024: £27,282).
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