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Charity Registration Number

Charity Registration Number : 1062049

Company Registration Number : 2944161

LANCASTER COMMUNITY MUSIC TRUST

A COMPANY LIMITED BY GUARANTEE
TRUSTEES’ REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025

LANCASTER COMMUNITY MUSIC TRUST

LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2025
Trustees Martin John Edgar
Francis Joseph Roe
Allison Elizabeth McCaig
Bregie Geesjen Pinkse
Timothy Forsdick
Roger Frankland
Charity Number 1062049
Company Number 2944161
Registered Office 4 Fairfield Close
Lancaster
LA1 5NT
Secretary Ruth Hutchison

LANCASTER COMMUNITY MUSIC TRUST

CONTENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Trustees' Report

Statement of Financial Activities

Balance Sheet

Notes to the Financial Statements

LANCASTER COMMUNITY MUSIC TRUST

TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their annual report and financial statements for the year ended 31 August 2025.
The trustees present their report and accounts for the year ended 31/08/2025

PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was Community music making .

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document
Constitution and governing legislation

The charity is established as a limited company, without share capital, under the Companies Act 2006. Its operation is governed by
its Memorandum and Articles of Association of 30 June 1994. The company number is 2944161. The company is a registered charity
(no. 1062049).

Specific restrictions on the company

(i) Clause 4 of the Memorandum of Association of the company stipulates that the income and property of the company shall be
applied solely towards the promotion of its objects and no portion is to be paid by way of dividend, bonus or otherwise to the
members of the company. Additionally no trustee appointed to any office of the company is to be paid a salary, or receive any
remuneration or other benefit from the company.
(ii) Clause 3.12 of the Memorandum of Association prohibits the company from combining with other entities unless their objects are
the same or similar and their constitutions contain similar restrictions to that of the company concerning the distribution of profits.
(iii) Clause 7 of the Memorandum of Association states that upon the winding up or dissolution of the company any assets remaining,
after the satisfaction of all liabilities, shall not be paid to or distributed among the members of the company, but shall be transferred to
other charitable bodies having similar objects and which similarly prohibit the distribution of income or property among its members.
Full details of all the restrictions imposed on the company and the framework within which the company operates are contained in the
Memorandum of Association.
(j) Investment powers
The company is permitted by its Memorandum of Association to invest any funds not immediately required for its purposes in any
investments, securities or property as may be thought fit subject to such conditions as may for the time being be imposed or required
by law
Recruitment and appointment of trustees

Appointment of trustees

The appointment of trustees is governed by provisions contained within the company's Articles of Association. These are as follows:
(i) At each annual general meeting one third of the members of the Board of Trustees must retire and, if desired, stand for re -
election. The trustees to retire are those longest in office since their last election.
(ii) The company, at the annual general meeting, may fill the positions vacated by the retiring trustees by electing any persons
thereto, or by re - electing the retiring members.
(iii) The Board of Trustees has the power to appoint any person to be a trustee either to fill a casual vacancy or in order to increase
the number of trustees. Any trustee appointed in this way must retire at the following annual general meeting and stand for re -
election, if desired, at that meeting.
(iv) Any member of the company, qualified to attend and vote at the annual general meeting, is entitled to propose the appointment of
a person to act as a trustee.
Trustees' responsibilities
The trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the
company as at the end of the financial year and of the surplus or deficit of the company for that year. In preparing those accounts the
trustees are required to:
a) select suitable accounting policies and then apply them consistently,
b) make judgements and estimates that are reasonable and prudent;
c) follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts; and
d) prepare the financial statements on the going concern basis unless it is inappropriate to presume that this basis applies. The
trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial
position of the company and enable them to ensure that the accounts comply with all relevant legislation. They are also responsible
for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 24/11/2025
This report was approved by the trustees and signed on its behalf by:


------------------------------------------------------------------------
Timothy Forsdick
Trustee
Date : 29 November 2025

LANCASTER COMMUNITY MUSIC TRUST

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2025
Recommended categories by activity Notes Unrestricted funds
£
Total Funds 2025
£
Total Funds 2024
£
Income and endowments from:
Donations and legacies 2 20,208.52 20,208.52 20,306.25
Charitable activities 3 607.29 607.29 367.00
Investments 4 122.85 122.85 127.17
Total 20,938.66 20,938.66 20,800.42
Expenditure on:
Raising funds 5 4,493.16 4,493.16 4,860.42
Charitable activities 6 13,738.92 13,738.92 13,789.52
Other 8 446.20 446.20 179.40
Total 18,678.29 18,678.29 18,829.34
Net income 2,260.37 2,260.37 1,971.08
Net movement in funds 2,260.37 2,260.37 1,971.08
Reconciliation of funds:
Total funds brought forward 9,456.90 9,456.90 7,485.82
Total funds carried forward 11,717.27 11,717.27 9,456.90

LANCASTER COMMUNITY MUSIC TRUST

BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2025
Recommended categories by activity Notes Total Funds 2025
£
Total Funds 2024
£
Fixed assets
Tangible assets 9 4.00 8.00
Total fixed assets 4.00 8.00
Current assets
Stocks 50.00 50.00
Cash at bank and in hand 10 12,213.27 9,928.90
Total current assets 12,263.27 9,978.90
Creditors: amounts falling due within one year 11 550.00 530.00
Net current assets/(liabilities) 11,713.27 9,448.90
Total net assets 11,717.27 9,456.90
Funds of the Charity
Unrestricted funds 12 11,717.27 9,456.90
Restricted funds 12 - -
Endowment funds 12 - -
Total funds 11,717.27 9,456.90
For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the trustees on 29 November 2025 and signed on its behalf by:
Timothy Forsdick
Trustee
Date : 29 November 2025

LANCASTER COMMUNITY MUSIC TRUST

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.1 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.2 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2. Income from Donations and Legacies

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Donation and gifts 1,193.13 1,193.13 1,437.76
Gift Aid 2,538.59 2,538.59 2,459.99
Membership subscriptions and sponsorships which are in substance donations 16,476.80 16,476.80 16,408.50
Total 20,208.52 20,208.52 20,306.25

3. Income from Charitable Activities

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Sale of service 607.29 607.29 367.00
Total 607.29 607.29 367.00

4. Income from Investments

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Interest income 122.85 122.85 127.17
Total 122.85 122.85 127.17

5. Expenditure on Raising Funds

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Operating charity shops 333.32 333.32 478.40
Total 333.32 333.32 478.40
Support Costs 4,159.84 4,159.84 4,382.02
4,493.16 4,493.16 4,860.42

6. Expenditure on Charitable Activities

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Cost of services 8,875.50 8,875.50 8,877.50
Advertising and marketing 153.58 153.58 -
Total 9,029.08 9,029.08 8,877.50
Support Costs 4,709.84 4,709.84 4,912.02
13,738.92 13,738.92 13,789.52

7. Support Costs

Analysis Total funds 2025 Total funds 2024
£ £
Support Costs
Printing and stationery 194.52 817.05
Rent 7,465.00 7,490.00
Insurance 204.00 200.00
Repairs and Maintenance 166.17 37.99
Subscriptions paid 290.00 219.00
Governance Costs
Accountants fees 550.00 530.00
8,869.69 9,294.04

8. Other Expenditure

Analysis Unrestricted funds Total funds 2025 Total funds 2024
£ £ £
Depreciation Charge for the Year - Plant & Machinery 4.00 4.00 5.00
Other Expenditure 442.20 442.20 174.40
Total 446.20 446.20 179.40

9. Tangible Fixed Assets

Plant & Machinery Computer Equipment
£ £
At 01 September 2024 14,620.00 636.00
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2025 14,620.00 636.00
At 01 September 2024 14,617.00 635.00
Charge for the year - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2025 14,617.00 635.00

10. Cash at bank and in hand

Total funds 2025 Total funds 2024
£ £
Short term cash investments (less than 3 months maturity date) 64.15 24.15
Short term deposits 10,515.89 8,637.96
Cash at bank and in hand 1,633.23 1,266.79
Total 12,213.27 9,928.90

11. Creditors: Amounts falling due within one year

Total funds 2025 Total funds 2024
£ £
Accruals and deferred income 550.00 530.00
Total 550.00 530.00

12. Charity funds

12.1 Details of material funds held and movements during the CURRENT reporting period

Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward
£ £ £ £ £ £
Unrestricted funds
General Fund 9,456.90 20,938.66 18,678.29 - - 11,717.27

12.2 Details of material funds held and movements during the PREVIOUS reporting period

Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward
£ £ £ £ £ £
Unrestricted funds
General Fund 7,485.82 20,800.42 18,829.34 - - 9,456.90

13. Average Number of Employees


This year
£
Last year
£
Average number of employees 0 0









Total 0 0



Average number of employees during this year : 0 and last year : 0