'ON THE EDGE' FUSION YOUTH ORCHESTRA

Company limited by guarantee

Company Registration Number:
07887876 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

As stated in its Memorandum and Articles of Association (constitution), 'On The Edge' (OTE) objects are to advance, improve, develop and maintain public education in, and appreciation of, the art and science of music in all aspects by any means the trustees see fit including through the presentation of public concerts and recitals. The organisation is committed to making music accessible to young people from all backgrounds in Birmingham, with a particular focus on inclusion, creative development, and exposure to diverse musical traditions. Its activities are underpinned by a belief in the transformative power of music to empower individuals and strengthen communities.

Political and charitable donations

Core income for the year came from a mix of individual donations and foundation grants. These were essential in sustaining operational capability during a research-focused year. The charity remains grateful to its regular donors and is actively seeking new funders aligned with its mission to support community-based music education.

Additional information

Charitable activities Where growth in new areas was perceived, ‘On The Edge’ has investigated the potential for new events and workshops. In 2024, although opportunities were in abundance, the expectation of ‘On The Edge’ to bring a fully funded opportunity restricted our ability to offer an immediate viable activity. All data concerning these potential new projects will inform future strategies and the focus in 2025 will be on how to deliver an incremental growth to assimilate new areas. Fundraising activities With limited volunteer capacity, redevelopment efforts are deliberately extended over a 24-month timeline. Baseline operational funding was secured to sustain core functions, including equipment maintenance and strategic communications. OTE is actively developing proposals for future funding rounds to support regional expansion and multi-year delivery models. The charity continues to benefit from a loyal base of individual donors and institutional funders. ACHIEVEMENT AND PERFORMANCE Internal and external factors Though the long-term effects of COVID-19 have retained a residual impact in the operating environment in 2024, the organisation is making strides in restructuring and planning capacity. Key enablers of future success include board development, succession planning, increased fundraising capabilities, and a consistent pool of engaged young musicians ready to participate. OTE ended 2024 with a clear plan to adjust growth, branding and development following an extended period of essential-only activity.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Fiona Ord-Shrimpton
 Martin Brooks OBE
 Stuart Barker
 Jendayi Selassie
 Matthew Holmes

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 September 2025

And signed on behalf of the board by:
Name: Fiona Ord-Shrimpton
Status: Director

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 1,747 2,183
Total fixed assets: 1,747 2,183
Current assets
Cash at bank and in hand: 958 1,392
Total current assets: 958 1,392
Creditors: amounts falling due within one year: 4 0 ( 150 )
Net current assets (liabilities): 958 1,242
Total assets less current liabilities: 2,705 3,425
Total net assets (liabilities): 2,705 3,425
Members' funds
Profit and loss account: 2,705 3,425
Total members' funds: 2,705 3,425

The notes form part of these financial statements

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 25 September 2025
and signed on behalf of the board by:

Name: Fiona Ord-Shrimpton
Status: Director

The notes form part of these financial statements

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Musical instruments - 20% on cost Motor vehicles - 20% on reducing balance Computer equipment - 20% on cost

    Other 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. The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': the requirements of Section 7 Statement of Cash Flows. 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. 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.

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 13,871 13,871
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 13,871 13,871
Depreciation
At 1 January 2024 11,688 11,688
Charge for year 436 436
On disposals
Other adjustments
At 31 December 2024 12,124 12,124
Net book value
At 31 December 2024 1,747 1,747
At 31 December 2023 2,183 2,183

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 0 150
Total 0 150

'ON THE EDGE' FUSION YOUTH ORCHESTRA

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Financial Commitments

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 provision applicable to charitable companies subject to the small companies regime.