IRIS Accounts Production v24.1.0.578 Other Company accounts True false Pounds 1.9.22 31.8.23 31.8.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1997212022-08-31SC1997212023-08-31SC1997212022-09-012023-08-31SC1997212021-08-31SC1997212021-09-012022-08-31SC1997212022-08-31SC199721ns0:CharitableCompanyLimitedByGuarantee2022-09-012023-08-31SC199721ns15:PoundSterling2022-09-012023-08-31SC199721ns11:FRS1022022-09-012023-08-31SC199721ns11:IndependentExaminationCharity2022-09-012023-08-31SC199721ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-09-012023-08-31SC199721ns11:FullAccounts2022-09-012023-08-31SC199721ns11:CharitiesSORP2022-09-012023-08-31SC199721ns16:EnglandWales2022-09-012023-08-31SC199721ns11:RegisteredOffice2022-09-012023-08-31SC199721ns0:Trustee22022-09-012023-08-31SC199721ns0:Trustee32022-09-012023-08-31SC199721ns0:Trustee42022-09-012023-08-31SC199721ns0:Trustee52022-09-012023-08-31SC199721ns0:Trustee62022-09-012023-08-31SC199721ns0:Trustee12022-09-012023-08-31SC199721ns0:Trustee72022-09-012023-08-31SC199721ns11:CompanySecretary12022-09-012023-08-31SC199721ns0:Activity8ns0:TotalUnrestrictedFunds2022-09-012023-08-31SC199721ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-09-012023-08-31SC199721ns0:Activity82022-09-012023-08-31SC199721ns0:Activity82021-09-012022-08-31SC199721ns0:Activity102022-09-012023-08-31SC199721ns0:TotalUnrestrictedFunds2022-09-012023-08-31SC199721ns0:TotalRestrictedIncomeFunds2022-09-012023-08-31SC199721ns0:TotalUnrestrictedFunds2022-08-31SC199721ns0:TotalRestrictedIncomeFunds2022-08-31SC199721ns0:TotalUnrestrictedFunds2023-08-31SC199721ns0:TotalRestrictedIncomeFunds2023-08-31SC199721ns10:WithinOneYear2023-08-31SC199721ns10:WithinOneYear2022-08-31SC19972122022-09-012023-08-31SC199721ns0:Activity8ns0:TotalUnrestrictedFunds2021-09-012022-08-31SC199721ns0:Activity8ns0:TotalRestrictedIncomeFunds2021-09-012022-08-31SC199721ns0:TotalUnrestrictedFundsns0:Activity92021-09-012022-08-31SC199721ns0:Activity9ns0:TotalRestrictedIncomeFunds2021-09-012022-08-31SC199721ns0:TotalUnrestrictedFunds2021-09-012022-08-31SC199721ns0:TotalRestrictedIncomeFunds2021-09-012022-08-31SC199721ns10:PlantMachinery2022-08-31SC199721ns10:ComputerEquipment2022-08-31SC199721ns10:PlantMachinery2023-08-31SC199721ns10:ComputerEquipment2023-08-31SC199721ns10:PlantMachinery2022-08-31SC199721ns10:ComputerEquipment2022-08-31
REGISTERED COMPANY NUMBER: SC199721 (Scotland)
REGISTERED CHARITY NUMBER: 029401














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

CONCERTO CALEDONIA

CONCERTO CALEDONIA

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2023










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 10

CONCERTO CALEDONIA (REGISTERED NUMBER: SC199721)

REPORT OF THE TRUSTEES
For The Year Ended 31 August 2023



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charity are to advance the education of the public in Scotland through performance and teaching of the highest quality in the field of music.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
In the first part of the year production was completed on an album of the songs of Allan Ramsay, 'Shepherds & Tea Tables'. This was released in March 2023 to coincide with the publication by Edinburgh University Press of a new edition of Ramsay's songbook 'The Tea-Table Miscellany'.The other release in June 2023 was of a live recording from the Edinburgh International Festival 2009 with Michael Marra and James Gilchrist, in Pietro Urbani's musical setting of the Battle of Bannockburn.

FINANCIAL REVIEW
Reserves policy
The charity's reserves policy has been to aim to build reserves to cover six month's operating expenses. The trustees approve the level of reserves held by the charity and are satisfied that these will be sufficient to achieve its objectives in the following financial year.

FUTURE PLANS
In 2023-24, the company will focus on disseminating its work on 17th- and early 18th-century Scottish music, developing web resources of historical music and partnering with other groups and organisations to promote it in performance.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, and registered as a charity on 8 September 1999.
The company is limited by guarantee and governed by its Memorandum and Articles of Association. The liability of members is limited to £1 each.

Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.

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.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC199721 (Scotland)

Registered Charity number
029401

Registered office
31 Leicester Avenue
Glasgow
G12 0LU

CONCERTO CALEDONIA (REGISTERED NUMBER: SC199721)

REPORT OF THE TRUSTEES
For The Year Ended 31 August 2023


Trustees
Dr N O'Regan
K A H Matheson
W J Lloyd
D J Francis
C Pritchard
Dr B E Robertson-Kirkland
C M Phillips Brady

Company Secretary
Dr D McGuinness

Independent Examiner
Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 11 March 2024 and signed on its behalf by:





Dr B E Robertson-Kirkland - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CONCERTO CALEDONIA (REGISTERED NUMBER: SC199721)



I report on the accounts for the year ended 31 August 2023 set out on pages four to ten.

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 (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 accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 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 seeking explanations from you as 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 accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

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








Kathleen Benham C.A.
The Institute of Chartered Accountants of Scotland

Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

11 March 2024

CONCERTO CALEDONIA

STATEMENT OF FINANCIAL ACTIVITIES
For The Year Ended 31 August 2023

31.8.23 31.8.22
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities 2
Charitable activities 1,670 - 1,670 18,751

EXPENDITURE ON
Charitable activities 3
Direct Charitable Expenditure 2,501 5,120 7,621 10,015
Administration of Charity 1,068 - 1,068 1,285
Total 3,569 5,120 8,689 11,300

NET INCOME/(EXPENDITURE) (1,899 ) (5,120 ) (7,019 ) 7,451
Transfers between funds 11 2,894 (2,894 ) - -
Net movement in funds 995 (8,014 ) (7,019 ) 7,451

RECONCILIATION OF FUNDS
Total funds brought forward 7,565 8,014 15,579 8,128

TOTAL FUNDS CARRIED FORWARD 8,560 - 8,560 15,579

CONCERTO CALEDONIA (REGISTERED NUMBER: SC199721)

BALANCE SHEET
31 August 2023

31.8.23 31.8.22
Notes £    £   
CURRENT ASSETS
Stocks 8 2,898 3,042
Cash at bank 6,346 13,221
9,244 16,263

CREDITORS
Amounts falling due within one year 9 (684 ) (684 )

NET CURRENT ASSETS 8,560 15,579

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,560

15,579

NET ASSETS 8,560 15,579
FUNDS 11
Unrestricted funds 8,560 7,565
Restricted funds - 8,014
TOTAL FUNDS 8,560 15,579

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 11 March 2024 and were signed on its behalf by:





B E Robertson-Kirkland - Trustee

CONCERTO CALEDONIA

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


CONCERTO CALEDONIA

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2023


2. INCOME FROM CHARITABLE ACTIVITIES
31.8.23 31.8.22
Activity £    £   
Earned Income Charitable activities 1,670 3,447
Continuo Foundation Charitable activities - 3,700
University of Glasgow Charitable activities - 11,604
1,670 18,751

3. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 4) Totals
£    £    £   
Direct Charitable Expenditure 7,621 - 7,621
Administration of Charity 384 684 1,068
8,005 684 8,689

4. SUPPORT COSTS
Governance
costs
£   
Administration of Charity 684

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities
Charitable activities 3,447 15,304 18,751

EXPENDITURE ON
Charitable activities
Direct Charitable Expenditure 725 9,290 10,015
Administration of Charity 1,285 - 1,285
Total 2,010 9,290 11,300

NET INCOME 1,437 6,014 7,451

CONCERTO CALEDONIA

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2023


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£    £    £   


RECONCILIATION OF FUNDS
Total funds brought forward 6,128 2,000 8,128

TOTAL FUNDS CARRIED FORWARD 7,565 8,014 15,579

7. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2022 and 31 August 2023 887 225 1,112
DEPRECIATION
At 1 September 2022 and 31 August 2023 887 225 1,112
NET BOOK VALUE
At 31 August 2023 - - -
At 31 August 2022 - - -

8. STOCKS
31.8.23 31.8.22
£    £   
Stocks 2,898 3,042

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other creditors 684 684

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.8.23 31.8.22
Unrestricted Restricted Total Total
fund fund funds funds
£    £    £    £   
Current assets 9,244 - 9,244 16,263
Current liabilities (684 ) - (684 ) (684 )
8,560 - 8,560 15,579


CONCERTO CALEDONIA

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2023


11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.9.22 in funds funds 31.8.23
£    £    £    £   
Unrestricted funds
General fund 7,565 (1,899 ) 2,894 8,560

Restricted funds
Restricted fund 8,014 (5,120 ) (2,894 ) -

TOTAL FUNDS 15,579 (7,019 ) - 8,560

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1,670 (3,569 ) (1,899 )

Restricted funds
Restricted fund - (5,120 ) (5,120 )

TOTAL FUNDS 1,670 (8,689 ) (7,019 )


Comparatives for movement in funds

Net
movement At
At 1.9.21 in funds 31.8.22
£    £    £   
Unrestricted funds
General fund 6,128 1,437 7,565

Restricted funds
Restricted fund 2,000 6,014 8,014

TOTAL FUNDS 8,128 7,451 15,579

CONCERTO CALEDONIA

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2023


11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 3,447 (2,010 ) 1,437

Restricted funds
Restricted fund 15,304 (9,290 ) 6,014

TOTAL FUNDS 18,751 (11,300 ) 7,451

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2023.