| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| Ensemble Cambrica Ltd |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| Ensemble Cambrica Ltd |
| Ensemble Cambrica Ltd |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 | to | 7 |
| Ensemble Cambrica Ltd (Registered number: 05166891) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| 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 December 2024. 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 |
| To promote, maintain, improve and advance education, particularly by the production of educational concerts and plays and encouragement of the arts, including in particular the art of music and to formulate, prepare and establish schemes therefor. |
| Public benefit |
| In line with the Charities Act 2011, the Charity Commission for England and Wales issued guidance on the criteria it uses to determine whether or not a charity provides public benefit. We have considered the guidance and are satisfied we provide considerable public benefit as detailed in this report. |
| Achievements and performance |
| Charitable Activities |
| The activities of the Orchestra have been very limited throughout this year. This has been due to lack of funding. |
| 15-17/02/24 Conducting Academy. Student Conductors from around the World working with Ensemble Cambrica. |
| 02/06/24 Double Reeds fundraising concert for the orchestra. |
| 23/06/24 Second Double Reeds fundraising concert for the orchestra. |
| 25/08/24 Cello Classics and Afternoon Tea fundraising concert for the orchestra. |
| Whilst able to perform live only occasionally, the Orchestra has continued to have a good presence and hopes to continue this in the following year, as well as performing live more often and supporting our freelance musicians and continuing our vital work within the community and education. |
| Financial review |
| Financial position |
| The charity generated a surplus for the period of £603 (2023: deficit of £4,357). As at the 31 December 2024, the charity held unrestricted funds of (£39). |
| Reserves policy |
| The charity has no fixed costs or regular expenses. Trustees consider that it is appropriate to minimise risk by maintaining free reserves sufficient to cover at least any expenditure to which the charity is contractually committed. The only contractual commitment within the financial statements at the year end totalled £2,015 as disclosed within the balance sheet. Free reserves at the year end totalled a deficit of £39. The Trustees will seek to build free reserves over a number of years as the they seek to expand the orchestra’s activity. |
| Going concern |
| These accounts are prepared on a going concern basis. There are uncertainties at the balance sheet date however the charitable company are continuing to look at ways to bring in as many funds as possible to ease the immediate liquidity concerns. |
| Structure, governance and management |
| Governing document |
| The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| Recruitment and appointment of new trustees |
| Appointment of trustee and directors is by invitation from the board. |
| Reference and administrative details |
| Registered Company number |
| Registered Charity number |
| Ensemble Cambrica Ltd (Registered number: 05166891) |
| Report of the Trustees |
| for the Year Ended 31 December 2024 |
| Registered office |
| Trustees |
| Directors (as listed on Companies House) |
| Abigail Blackman |
| Robert Codd |
| Hannah Figg (resigned 10 July 2025) |
| Catherine Handley |
| Kathryn Parsons (resigned 19 February 2025) |
| Ian Rutt (resigned 19 August 2025) |
| Christopher Vale (resigned 14 July 2025) |
| Kenneth Higgins (appointed 11 February 2025) |
| Lucy Simmonds (appointed 1 July 2025) |
| Chairman - Christopher Vale |
| Secretary - Abigail Blackman |
| Artistic Director - Jonathan Mann |
| Orchestra Manager - Abigail Blackman |
| Finance Manager - Hannah Figg |
| Current Recognised Board Members - Robert Codd, Lucy Simmonds, Hannah Figg , Catherine Handley, Sam Baxter, Christopher Vale, Abigail Blackman, Kenneth Higgins |
| Approved by order of the board of trustees on |
| Ensemble Cambrica Ltd |
| Statement of Financial Activities |
| for the Year Ended 31 December 2024 |
| Period |
| 1.7.22 |
| Year Ended | to |
| 31.12.24 | 31.12.23 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| Income and endowments from |
| Donations and legacies |
| Charitable activities |
| Other trading activities | 2 |
| Total |
| Expenditure on |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| Reconciliation of funds |
| Total funds brought forward | ( |
) | ( |
) |
| Total funds carried forward | ( |
) | ( |
) | (642 | ) |
| Ensemble Cambrica Ltd (Registered number: 05166891) |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| Current assets |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 | ( |
) | ( |
) | ( |
) |
| Net current assets/(liabilities) | ( |
) | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) | ( |
) | ( |
) |
| Funds | 6 |
| Unrestricted funds | ( |
) | (642 | ) |
| Total funds | ( |
) | (642 | ) |
| 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 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 |
| Ensemble Cambrica Ltd |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 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. |
| Going Concern |
| At the balance sheet date the charitable company is in a net liability position of £39. |
| The accounts are prepared on a going concern basis. There are uncertainties at the balance sheet date however the charitable company are continuing to look at ways to bring in as many funds as possible to ease the immediate liquidity concerns. |
| 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. |
| Longer period of accounts |
| The prior year comparative covers an 18 month period and therefore are not entirely comparable. This was done to mitigate short term liquidity issues. |
| 2. | Other trading activities |
| Period |
| 1.7.22 |
| Year Ended | to |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Sponsorships | 686 | - |
| 3. | Trustees' remuneration and benefits |
| There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the period ended 31 December 2023. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 December 2024 nor for the period ended 31 December 2023. |
| Ensemble Cambrica Ltd |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 4. | Comparatives for the statement of financial activities |
| Unrestricted | Restricted | Total |
| fund | funds | funds |
| £ | £ | £ |
| Income and endowments from |
| Charitable activities |
| Expenditure on |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| Transfers between funds | 1,247 | (1,247 | ) | - |
| Net movement in funds | ( |
) | ( |
) | ( |
) |
| Reconciliation of funds |
| Total funds brought forward | 2,468 | 1,247 |
| Total funds carried forward | (642 | ) | - | (642 | ) |
| 5. | Creditors: amounts falling due within one year |
| 2024 | 2023 |
| £ | £ |
| Accrued expenses |
| 6. | Movement in funds |
| Net |
| movement | At |
| At 1.1.24 | in funds | 31.12.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (642 | ) | 603 | (39 | ) |
| TOTAL FUNDS | ( |
) | 603 | (39 | ) |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 13,602 | (12,999 | ) | 603 |
| TOTAL FUNDS | ( |
) | 603 |
| Ensemble Cambrica Ltd |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 6. | Movement in funds - continued |
| Comparatives for movement in funds |
| Net | Transfers |
| movement | between | At |
| At 1.7.22 | in funds | funds | 31.12.23 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 2,468 | (4,357 | ) | 1,247 | (642 | ) |
| Restricted funds |
| Outreach Project | 1,247 | - | (1,247 | ) | - |
| TOTAL FUNDS | 3,715 | (4,357 | ) | - | (642 | ) |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 250 | (4,607 | ) | (4,357 | ) |
| TOTAL FUNDS | 250 | (4,607 | ) | (4,357 | ) |
| Outreach Project (previously known as Crescendo Project) - the aim of this project is to work with schools across Wales to develop orchestral playing. This project finished in the prior year and residual funds have been moved to unrestricted funds. |
| 7. | Related party disclosures |
| There were no related party transactions for the period ended 31 December 2024. |
| 8. | Members' liability |
| The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. |