Jackdaws Educational Trust - Charities report - 20.2

REGISTERED COMPANY NUMBER: 02920267 (England and Wales)

REGISTERED CHARITY NUMBER: 1037073

Report of the Trustees and

Unaudited Financial Statements for the Year Ended

31 March 2020

for

Jackdaws Educational Trust

Jackdaws Educational Trust

Contents of the Financial Statements

for the Year Ended 31 March 2020

Page

Report of the Trustees

1 to 6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9 to 10

Notes to the Financial Statements

11 to 18

Jackdaws Educational Trust

Report of the Trustees

for the Year Ended 31 March 2020

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 March 2020. 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 2015)

OBJECTIVES AND ACTIVITIES

Objectives and Activities

Core Values - Access, Inclusion and Inspiration. Mission Statement - To enable creative expression - by Bringing Music to Life.

The Objectives of the charity are to promote classic/serious music education. It does this through - running courses for amateur musicians, an intensive children and young people's programme of events, a young artist programme and by putting on concerts for audiences of all ages.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Jackdaws is dedicated to improving and extending participation in and enjoyment of, music and the arts through active, innovative projects, believing that this can positively change people's lives. During the year, Jackdaws offered a wide range of courses for adult singers and instrumentalists (for both students and amateur players) at its home base in Somerset. The courses were led by eminent musicians from the music colleges and other settings, and offered weekend courses for beginners and more experienced musicians, both amateur and professional. The courses continue to grow in popularity, with a third of those attending being new to Jackdaws. During the year there were fifty-one day and weekend courses, including solo instrumental courses and very popular ensemble courses. At the end of the year our programme was cut short by the Covid 19 pandemic and we were forced to cancel late March courses.

The Youth and Community programme, which runs alongside the courses, is a vital part of Jackdaws mission to bring music to life by enabling creative expression. Through the programme, Jackdaws works with children and young people to make sure music is still accessible to children of all backgrounds - increasingly important at a time when music is under significant pressure in schools and funding is sparse. Jackdaws' has a very strong track record in creating and delivering large scale and hugely successful events with local schools as well as in depth on-going projects at our base. This year we worked with schools throughout Somerset and also with schools in Wiltshire, bringing active and innovative music making opportunities to 3,000 children and young people. Jackdaws is a founding and lead partner in the Somerset Music Education Hub, Sound Foundation Somerset funded by ACE and the DfE to provide music education across the whole of Somerset and an associate partner in Wiltshire Music Connect the hub for Wiltshire. Jackdaws is extremely grateful to the funding bodies, local authorities and grant making Trusts and Friends of Jackdaws whose support enabled the Jackdaws Youth & Community programme.

The 2019/20 projects included:

OperaPLUS Jan - May 2019

Opera Plus enables children in schools throughout Somerset to work with young singers and take part in an opera production. This year featured a revival of Donizetti's The Daughter of the Regiment, renamed The Team Mascot and rewritten to be about football, Five young professional singers together with a Director and Music Director worked with 17 schools over 6 performances and was great fun.

The teachers who took part were surveyed afterwards and all said that the production had introduced them to a new musical genre and given them new skills to use in their teaching. All of them said they would take part again.

"Being part of this project is one of the best things that I've ever been involved in. The administration and set up was easy, the professionalism of the singers throughout the workshops and the resources were excellent. However, the show itself was exceptional. The way that the singers involved and enthused the children was extraordinary and the fact that all the children (and adults) sat through and loved a top-quality opera was wonderful to watch. Thank you so much for involving us - we only hope that we can be involved again next year'.

Many thanks,

Mrs C Knighton, Headteacher, Baydon St Nicholas Primary School"

The children were also asked for their reaction and some of their comments are given below:

"Suddenly a rush of excitement exploded inside me and all I could think about was having fun!"

"I felt all shy when we stepped onstage but when we started I felt so passionate. At the end the crowd erupted with applause!"

"It was the best opportunity that I ever had."

"You taught us incredible things like the highest female voice is called soprano and the lower female voice is called mezzo-soprano."

"Thank you for letting us sing opera for the first time as an ensemble."

"When I woke up on performance day I tried to save my voice but I couldn't stop talking about OperaPLUS."

"The story was amazing and full of surprises, it just proves that no matter how hard it gets you can always succeed."

"One of things that amazed me the most was the pianist because on one of the pieces she made the piano sound like a cello!"

"The performance was a great hit and my Mum said that she absolutely loved it, she was amazed at how good your opera singing was. it was a great experience and it was a great way to let out all of our emotions and have lots of fun. I loved it so much. "

Opera Plus was supported by Sound Foundation Somerset, the Arts Council, Wiltshire Music Connect, South Somerset Council, Sedgemoor Council Frome Town Council, Marlborough and Pewsey Area boards in Wiltshire, Marlborough Parish Council, D'Oyly Carte Trust.and the Weinstock Foundation.

THE YEAR OF BASSOON March 2020

YEAR OF BASSOON featured the Genovia Quartet who visited 17 schools in Somerset to run a workshop with young players (any instrument) and perform for the school. It was a fascinating and fun exploration of a little known instrument - The finale concert was to have taken place on 24th March, but was cancelled due to the national lockdown at that time. But all visits etc had taken place and the quartet made a video of one of the finale pieces for the schools to play along with so they can have their own finale concerts at some point.

The Year of Bassoon was supported by Sound Foundation Somerset.

SONG STORY June/July 2019

A project designed specifically for SEN schools, the Song Story team worked with Elmwood SEN school and Robert Blake Science College, Critchill SEN, Selworthy SEN, Avalon SEN schools and, The Mendip SEN School. Composer William Carslake, Saffron van Zwanenberg, violinist Flora Curzon and actress Kate Adams, worked with them to create and perform a show based on Handel's music-"Hallelujah Handel", told the story of an orphan rescued by Handel from the streets of London. The children sang, played instruments and acted in mini performances to each of their schools and did a wonderful complete finale performance with all of them in front of a very large audience of their peers and families, as one child said- "He was the Rock Star of his era!". It was, as ever, a source of great joy and pride to everyone who took part, and we were very glad to be able to put 53 of the children who took part in for their Discover Arts Award certification which they have been duly awarded.

Song Story was funded by Sound Foundation Somerset

THE SUMMER PRODUCTION July 2019

Twenty young participants took part in the production week which was held in our new studio for the first time. The participants were offered a choice of three stories, composers and artists/designers from which to select to form the starting point for their production. They chose Much Ado About Nothing with music inspired by Ligeti and design inspired by Matisse. They then spent week developing the production and gave a performance off the finished article to an audience of parents at Jackdaws .

The Summer Production was supported by Sound Foundation Somerset Funded and the Angus Allnatt Trust.

JACK'S MUSIC CLUB Weekly during Term time

Jacks Music Club has become a well-established part of Friday afternoons at Jackdaws with a committed group of young people taking part each week. During the year they have had the opportunity to work with a number of Jackdaws' visiting tutors, experience a wide variety of musical genres and play in a range of ensembles. They also performed at Jackdaws Christmas concert on 20 December.

Jacks is supported by Sound Foundation Somerset and Jackdaws Educational Trust

MAUREEN LEHANE VOCAL AWARDS November 2019

Over 50 young singers entered the Maureen Lehane Vocal Awards and the final was held on 14 November at the Wigmore Hall. The judging panel, John Tomlinson, Emma Bell and Philip Fowke, were chaired by Saffron van Zwanenberg, The winners were:

First Prize - Harriet Burns, Soprano

Second Prize - Annabel Kennedy, Mezzo Soprano

Third Prize - Caroline Taylor, Soprano

Accompanist Prize - Ana Manastireanu, playing for Annabel Kennedy

Audience Prize - Rebecca Leggett, Mezzo - Soprano

THE LEHANE WISHART STUDIO

Jackdaws new teaching studio has been operating for just over a year and response from users has been overwhelmingly positive, despite a few early issues with regard to the bright acoustic. It has proved a very beneficial addition to the weekend courses, providing participants with a comfortable and inspiring place to work and it is beginning to generate new uses for people wishing to rehearse there. It is a very welcome addition to Jackdaws and we are extremely grateful to all the donors who helped make it happen.

FUNDING

Jackdaws is very grateful to all the individuals and organisations that have helped support its activities over the year, including the Friends of Jackdaws, The Arts Council, Sound Foundation Somerset, Wiltshire Music Connect, Angus Allnatt Trust, Frome Town Council, Sedgemoor Council, South Somerset District Council, Marlborough and Pewsey Area Boards, Marlborough Parish Council, the Rosemary Bugden Charitable Trust, the D'Oyly Carte Trust, AiMS, Cooper Hall Emerging Artists and Geoffrey and Margaret Batten and a number of individual supporters. We would also like to thank the Trustees, staff and our volunteers, Frank Bainbridge and Jim Duffus, for their hard work and support over the last year

FINANCIAL REVIEW

Investment policy and objectives

The trustees consult with the professional advisors of the Trust where appropriate to ensure maximum growth in capital on any investments, which the trust holds.

Reserves policy

The trustees are aiming towards retaining reserves which will underwrite the operation of Jackdaws for six months.

The Trust continued to run courses in the year from Jackdaws. It plans to run further such courses during the forthcoming year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees submit their report for the year ended 31 March 2020. This report is prepared in accordance with the Trust Deed and the recommendation of the Statement of Recommended Practice 2005 - Accounting and reporting by charities and complies with the applicable law.

Jackdaws was incorporated as a limited company on 19 April 1994

It is governed by a trust deed. Jackdaws is governed by a Board of Trustees (Currently 5 in number) to whom the Artistic Director and Development Manager report on a regular basis at Trustee meetings which are held at Jackdaws at least twice a year and more frequently if required. The Trustees take advice from professionals and other advisers when required.

Recruitment and appointment of new trustees

The board of trustees appoints new trustees as appropriate. New trustees receive induction and training for their role by meeting with the Chairman, current trustees, senior staff and Jackdaws' accountant who advises on the role of the trustees and legal requirements.

Risk management

The trustees have assessed the major risks to which the charity is exposed, in particular to those related to the operations and finance of the Trust and are satisfied that systems are in place to mitigate our exposure to major risk.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02920267 (England and Wales)

Registered Charity number

1037073

Registered office

Jackdaws

Great Elm

Frome

Somerset

BA11 3NY

Trustees

A Burgess

P Fowke

D M Hunter

N Kirkman

Mrs R Mannion

Company Secretary

Mrs K Meadows

Independent examiner

Martin Bowe

Probusiness Ltd

St Lawrence Lodge

37 Chamberlain Street

Wells

Somerset

BA5 2PQ

Bankers

HSBC

24 Market Place

Frome

Somerset

BA11 1AJ

Approved by order of the board of trustees on 27 November 2020 and signed on its behalf by:

D M Hunter - Trustee

Independent Examiner's Report to the Trustees of

Jackdaws Educational Trust

Independent examiner's report to the trustees of Jackdaws Educational Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2.

the accounts do not accord with those records; or

3.

the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached

Martin Bowe

Probusiness Ltd

St Lawrence Lodge

37 Chamberlain Street

Wells

Somerset

BA5 2PQ

27 November 2020

Jackdaws Educational Trust

Statement of Financial Activities

for the Year Ended 31 March 2020

31.3.20

31.3.19

Unrestricted fund

Restricted fund

Total funds

Total funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

16,059

500

16,559

25,848

Charitable activities

Courses

96,536

-

96,536

98,851

Concerts and Events

-

89,235

89,235

79,576

Maureen Lehane Vocal Awards

-

4,030

4,030

7,485

Outreach Donations

-

-

-

2,870

Investment income

3

9,199

-

9,199

9,185

Total

121,794

93,765

215,559

223,815

EXPENDITURE ON

Charitable activities

Concerts and Events

-

52,616

52,616

47,560

Maureen Lehane Vocal Awards

-

7,960

7,960

7,464

Courses

66,321

-

66,321

68,358

Wages

36,861

19,849

56,710

57,046

Other

37,709

12,612

50,321

46,032

Total

140,891

93,037

233,928

226,460

NET INCOME/(EXPENDITURE)

(19,097

)

728

(18,369

)

(2,645

)

RECONCILIATION OF FUNDS

Total funds brought forward

73,269

397,326

470,595

473,240

TOTAL FUNDS CARRIED FORWARD

54,172

398,054

452,226

470,595

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

Jackdaws Educational Trust

Balance Sheet

At 31 March 2020

31.3.20

31.3.19

Unrestricted fund

Restricted fund

Total funds

Total funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

155,349

95,517

250,866

226,504

CURRENT ASSETS

Debtors

10

45,755

304,821

350,576

354,827

Cash at bank

224

2,250

2,474

57,761

45,979

307,071

353,050

412,588

CREDITORS

Amounts falling due within one year

11

(41,251

)

(4,534

)

(45,785

)

(58,411

)

NET CURRENT ASSETS

4,728

302,537

307,265

354,177

TOTAL ASSETS LESS CURRENT LIABILITIES

160,077

398,054

558,131

580,681

CREDITORS

Amounts falling due after more than one year

12

(105,905

)

-

(105,905

)

(110,086

)

NET ASSETS

54,172

398,054

452,226

470,595

FUNDS

14

Unrestricted funds

54,172

73,269

Restricted funds

398,054

397,326

TOTAL FUNDS

452,226

470,595

The charitable company is entitled to exemption from audit under

Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 on 27 November 2020 and were signed on its behalf by:

D M Hunter -Trustee

Jackdaws Educational Trust

Notes to the Financial Statements

for the Year Ended 31 March 2020

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 2015)', 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.

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, other are apportioned on an appropriate basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

-15% on reducing balance

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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	DONATIONS AND LEGACIES

31.3.20

31.3.19

£

£

Friends Subscriptions

6,675

6,820

Donations

9,384

19,028

Grant Income

500

-

16,559

25,848

3.	INVESTMENT INCOME

31.3.20

31.3.19

£

£

Deposit account interest

21

7

Loan Interest

9,178

9,178

9,199

9,185

4.	SUPPORT COSTS

Management

Information technology

Premises

Governance costs

Totals

£

£

£

£

£

Other resources expended

22,258

7,894

13,537

2,272

45,961

Wages

11,342

-

-

-

11,342

33,600

7,894

13,537

2,272

57,303

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.20

31.3.19

£

£

Depreciation - owned assets

11,128

9,774

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2020 nor for the year ended 31 March 2019

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2020 nor for the year ended 31 March 2019.

7.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.20

31.3.19

4

4

No employees received emoluments in excess of £60,000.

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund

Restricted fund

Total funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

25,848

-

25,848

Charitable activities

Courses

98,851

-

98,851

Concerts and Events

-

79,576

79,576

Maureen Lehane Vocal Awards

-

7,485

7,485

Outreach Donations

-

2,870

2,870

Investment income

9,185

-

9,185

Total

133,884

89,931

223,815

EXPENDITURE ON

Charitable activities

Concerts and Events

-

47,560

47,560

Maureen Lehane Vocal Awards

-

7,464

7,464

Courses

68,358

-

68,358

Wages

37,472

19,574

57,046

Other

37,227

8,805

46,032

Total

143,057

83,403

226,460

NET INCOME/(EXPENDITURE)

(9,173

)

6,528

(2,645

)

RECONCILIATION OF FUNDS

Total funds brought forward

82,442

390,798

473,240

TOTAL FUNDS CARRIED FORWARD

73,269

397,326

470,595

9.	TANGIBLE FIXED ASSETS

Freehold property

Fixtures and fittings

Totals

£

£

£

COST

At 1 April 2019

233,340

29,851

263,191

Additions

35,490

-

35,490

At 31 March 2020

268,830

29,851

298,681

DEPRECIATION

At 1 April 2019

9,334

27,353

36,687

Charge for year

10,753

375

11,128

At 31 March 2020

20,087

27,728

47,815

NET BOOK VALUE

At 31 March 2020

248,743

2,123

250,866

At 31 March 2019

224,006

2,498

226,504

10.

DEBTORS

31.3.20

31.3.19

£

£

Amounts falling due within one year:

Other debtors

68

96

Prepayments and accrued income

3,103

15,749

3,171

15,845

Amounts falling due after more than one year:

Jackdaws (Coach House) Limited

347,405

338,982

Aggregate amounts

350,576

354,827

The debtor relates to money owed by Jackdaws (Coach House) Limited in relation to The Coach House building.

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans and overdrafts (see note 13)

8,540

8,540

Social security and other taxes

1,002

557

Accrued expenses

1,368

1,617

Deferred Income

34,875

47,697

45,785

58,411

12.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.20

31.3.19

£

£

Bank loans (see note 13)

105,905

110,086

13.

LOANS

An analysis of the maturity of loans is given below:

31.3.20

31.3.19

£

£

Amounts falling due within one year on demand:

Bank loans

8,540

8,540

Amounts falling between one and two years:

Bank loans - 1-2 years

8,540

8,540

Amounts falling due between two and five years:

Bank loans - 2-5 years

25,620

25,620

Amounts falling due in more than five years:

Repayable by instalments:

Bank loans more 5 yr by instal

71,745

75,926

14.	MOVEMENT IN FUNDS

At 1.4.19

Net movement in funds

At 31.3.20

£

£

£

Unrestricted funds

General fund

73,269

(19,097

)

54,172

Restricted funds

Restricted Fund

397,326

728

398,054

TOTAL FUNDS

470,595

(18,369

)

452,226