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2024-12-31-accounts

Scottish Registered Charity number: SC048821 Company number: CS003695

Laudonia SCIO

(SCOTTISH CHARITABLE INCORPORATED ORGANISATION) --------

RECEIPTS & PAYMENTS ACCOUNTS

--YEAR ENDED 31 DECEMBER 2024 --------

LAUDONIA SCIO (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024

H BAKER ACCOUNTANT

CONTENTS

  1. LEGAL AND ADMINISTRATIVE INFORMATION

  2. 4 - 5. TRUSTEES’ REPORT

  3. INDEPENDENT EXAMINER’S REPORT

  4. RECEIPTS & PAYMENTS ACCOUNT

  5. STATEMENT OF ACCOUNTING POLICIES & NOTES TO THE ACCOUNTS

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LAUDONIA SCIO ISCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024 REGISTERED CHARITY NUMBER: SC048821 BOARD OF TRUSTEES: Trustees during the year were as fol PRINCIPAL ADDRESS: Independent axaminer= H Baker Accountant Limited Gyleview House 3 Redheugh5 Rigg Edinburgh EH12 9DQ 31Page

LAUDONIA SCIO (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024

The Board of Trustees has pleasure in presenting its report and accounts for the period from 1 January 2024 to 31 December 2024.

Compliance with existing law

The accounts comply with the requirements of the Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) Regulations 2006, the Statement of Recommended Practice 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 102).

Constitution

Laudonia was incorporated as a Scottish Charitable Incorporated Organisation on 7 November 2018. The Management of the charity is the responsibility of the Board of Trustees, which is elected under the terms of the constitution.

Charity Status

The Association is recognised by HMRC as having charitable status. It is also registered with the Office of the Scottish Charity Regulator (OSCR). The charity number is SC048821.

Purpose

To perform classical concerts and make recordings focussing on baroque music and programmes with a Scottish interest both historical and musically and introduce our audience to music they may not have heard or experienced before. To advance the education of young musicians by establishing a programme of educational activities to increase interest in singing and performing and also working with amateur musicians offering them the chance to study music at workshops led by our artists. To enlarge awareness in classical and contemporary vocal and instrumental music amongst young people

Vision for the future

Laudonia will continue its international development while also intensifying efforts to demonstrate to Creative Scotland that innovative activities deserve prioritisation. The organisation will prepare a recording focused on both Scottish and English vocal music. At the same time, Laudonia will broaden its governance and expertise by seeking additional directors from the music and theatre sectors, particularly individuals with proven experience in management and education. These steps aim to strengthen the organisation’s capacity, expand its audience reach, and reinforce the value of cultural exchange at both national and international levels.

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LAUDONIA SCIO ISCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024 Review of our Activities Laudonia concentrated on strengthening ￿$ artistic vision and organisational foundations. In 2024, the ensemble released The Grand Tour, now available on more than 20 international streaming platforrn5. In addition, Laudonia presented a number of local concert5 and initiated partnership5 With European cultural organisations, laying important groundwork for future collaborations. However, despite persistent efforts, application5 to Creative Scotland for support were unsuccessful, leading to tha cancellation of several plannod activities. Trustees. responsibilities Charity Law requirès the Board of Trustèes to preparé financial statemènts each year which givè true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. Charity law permits accounts of small charities to be preparèd on a Rèceipts and Payments basis. The Board of Trustees 15 responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment Iscotlandl Act 2CK)5 and the Charities Accounts Iscotlandl Regulations 2006. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. Risk5 The Board of Trustees has reviewed the major risks to which the charity is exposed and has èstablished systems to mitigate thosé risks. ned on behalf of the trustees. Chairperson Date= 30 Sep 2025 51Page

LAUDONIA SCIO (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS REPORT TO THE TRUSTEES OF

LAUDONIA (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) (Registered charity number SC048821) On the accounts of the charity for the period 1 January 2024 to 31 December 2024, set out on pages 10 to 14.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulation 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning 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 accounts.

Independent examiner's statement

In the course of my examination, no matter has come to my attention,

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

30 Sep 2025 Date:

H Baker Accountant Limited Gyleview House 3 Redheughs Rigg Edinburgh EH12 9DQ

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LAUDONIA SCIO (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024

2024 2023
£ £
Income
Sales 2,730 9,255
Grants 0 7,265
Donations 0 4,223
2,730 20,743
Expenditure
Marketing 1,588 5,874
Office costs 74 2,662
Fees 2,250 11,491
Rent 0 1,543
Accounting 480
Travel 56 3,117
4,448 24,687
Profit /loss made for year (1,738) (3,944)
BANK BALANCES
Main bank account 6,600 8,309
6,600 8,309

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LAUDONIA SCIO (SCOTTISH CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The charity is a registered charity in Scotland and is incorporated as a Scottish Charitable Incorporated Organisation. The address of the principal office is

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS 102, “The Financial Reporting Standard applicable in the UK and the Republic of Ireland”, the 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 102) (Charities SORP (FRS102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006.

  1. ACCOUNTING POLICIES

  2. Basis of preparation

The financial statements are prepared on a Receipts & Payments basis, as permitted for small charities. The financial statements are prepared in sterling, which is the functional currency of the charity.

Going concern

There are no material uncertainties concerning the charity’s ability to continue.

Disclosure exemptions

The charity satisfies the criteria of being a qualifying entity as defined by FRS 102. As such advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

Judgements and key sources of estimation uncertainty

The preparation of financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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APPENDIX 1 oscr,_ Period start date Month Year Period end date Monlh Y88[ To 01 01 2024 31 12 2024 Office of the Scotbsh Charity Regulator Reference and administration details Charity name Other names charity is known by Registered charity number Charity's principal address LAUDONIA SCIO SC048821 Names of the charity trustees on date of approval of Trustees. Annual Report Office (if any) Dates acted if not for whole year Name of pevson lor body) entitled to appoint truslee (rf any> Trustee narne 10 11 12 13 14 15 16 17 18 19 20

APPENDIX 1 Reference and administration details Names of all other charity trustees during the period, if any, {for example, Ihose who resigned part way through the financial period) Dates acted rf nol for Ythole year structure, governance and management Type of governing document SCIO Constitution Trustee recruitment and appointment Objectives and activities Charitable purposes To perform classical con￿rtS and and make recordings focussing on baroque music and programmes with a Scottish interest both historically and musically and introduce our audiences to music they may not have heard or experienced before. To advance the education of young musicians by establishing a programme of educats'onal activities to increase interest in singing and performing and also working with amateur musicians offering them the chance to study music al workshops led by our artists. To enlarge awareness in dassical and contemporary vocal and instrumental music amongst young people. Summary of the main activities in relation to these objects Laudonia concentrated on strengthening rts artistsc vision and organisational foundations. In 2024, the ensemble released The Grand Tour. now available on more than 20 inlemational streaming plaffomis. In addition, Laudonia presented a number of local concerts and initiated partnerships with European CUl￿ra1 organisalions, laying important groundwork for future collaborations. However, despite persistent efforts, applications to Creative Scotland for support were unsuccessfvl. leading to the cancellation of several planned activities.

APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period See above Financial review Brief statement of the charity's policy on reserves See appendix 2 & 3 Details of any deficit NIA Donated facilities and se￿iCeS (if any)

APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees Signature{sl Full name{sl Position le.g. Chairl Chairman Date 30.09.2025