Ch•rfty rKmb•r. 1th)$348 31 202J
HIPPING %)OBURY MUSIC sIETy REPORT AND UNAUDrreD FINANCIAL STATEMEiif8 CONTEMTS Independent examiners, r•port Balanco 8h•et Notes to the financlal stat¢m¢nts
CHIPPING XID8URY MU81C 8OCIEri GENERAL INFOIIMATION REGISTERED OFFICE Cf#nmonme•d Hou Pothay Lane Chlpping Sodbury Bristol BS37 8PZ TRUSTEE8 M LLsdlow M E Pondrell ACCOUNTAKf8 Fro V4lltshlr• LLP Unrt 2, Gr••n Farm 8In•ll Park Folly Road Latterldg• 8rt8tol BS37 9TZ
CHIPPING 8ODBURY MUSIC SOCIErY TRU8TEES' RESPONSIBILMES STATEMENT The Trustees are responsible for preparing the Trustse's nL1 Report th¢ financial Statemènts in ar£othnce with appllcae and regulatK$. The law applicthe to ¢harilies in England and Wales requires the Tfustee$ to prepare financial Statements for each financial year. Under tho1 Iw the Trustees havè pryred the financial statements in accordan Unrted lQngdom Generalty Accepted Accountiry Practice Iunrted Kingdom Accountry Standards and applicable Iww). Underthat law the Trustees musl not approve the financial Statements unles8 they are satisfied th81 they gTve a true and fair viert of the state of the affairs of the CharFty. and of the incoming resources an¢J appIltion of rexLYces of the Charity forthat pwlod. In preparing the8effftancial 8tements, th• TnAtees aro roquwed to.. 8elecl suitable accounting poll¢les and then appty them con818tsnty: observe the methods and principles in the Charilies SORP.. make judgements and estimale8 th are Rasonable and prudent; state whether applicablo UK AUrtting Stsndards have b8en follo¥d, 8ubi&t to any matwhl departures dixlosed and exalned in the finanGial statements,. and prepare the finarla1 statements on the 90ing conr•m ba8is uni853 it li inappTOWi•te to prwme Ihat the Charitable Company wll c¢Jnlnue in business. The Trustees are reSpsIblefOf keeping accounting recovds thatare SUentt0 8hLv4vand èxrAain the Charity's tranSaCn$ and ¢Jisdose with reas¢)nable accuracy at any time the flnanrial position of the Charity and enle them to ensure that the financial statements comply *ith the CharFties Act 2011 and the Chanty IAccounts and Reports) Regulations 2008. They are also responsible for satsguarding the assets of the Charity and the Group and h¢¢ for tsking reawnable step8 forthe wevendon and dettttson of fraud and other irregularitie8.
CHIPPING SODBURY MUSIC 8OCIErf INDEPENDENT EXAMINERS. REPORT TO THE MEMBERS ON THE UNAUDITED ACCWNTS OF CHIPPING SODBURY MUSIC SOCIErY We have examine<l the financial ststements ofchipping Sodbury Music forthe yearerKled 31 May 2023 whlch Coln$e the Statement of Finan¢ial ActNities, the 8alance Sheet and the related notes. The financlal reF#yb'ng framework that has been aPpld in thelrpreparation is applicable and United ltingdom Accounting standard8 (United Kingdom Generalty Accepted Accounting PraGticel. R•sp•ctlv• mpon•lbllltl•• of trt•0$ and •xamlnw The charity's tru8ts88 are responsible for the preparation of the financAal statements. Th• charity's trustees con#idtir that an audr< is not required for this pencé under section 144 of the Charilies kt 2011 {the chai98 Acll and that an tnd•pendent examinolon ra n•ed8d. It our respon8iNlty to: examine the accounts und•r seLon 145 ofthe Chaiitw tofollowthe prowlure$ laid do underthe genwal Direcllons glven by the Charrty Commls8lon {urKl8r $tion 145(51{bl of the Chanties Act, and to state whether partiCur matters have come to our attention. B••l• of Ind•p•nd•nt •xamln•rf• •l•kn•nt Our examinats'on was carried out in accordance ith general direthon8 gfven by the Ch•ilty comm8{0. An examination includes a review of tho accounting records kept by the charity and a cOmparin of the accounts presented with th08e records.11 *so indudes consideration of any unusual items ordisdosures in the ac¢ouftts, and sèeking explanab'ons from the trustees con¢eming such matters. The procedures undertaken do not provide all the evKlerbce that woukl be required in an audit, and consequèntty rh) opinicffl is given as to whetr the accounts present a and lairf vlew aThl tho report is limited to matters set out in slatement belrf•V. In(W •xamln•V• •tat•m•nl In connection wtth t)ur examirwtion, no matter ha$ comè to attenlion 1. u$ reasonable cause to believe that in. any material re8P•Ct, the requirnmer)ts'. to keep accounthJ records in aMordance wlth s&%lon 130 ofthe Chaiibes Act and to prepar• account$ lch accord vAth the accounting rewrds and compty the aXting requirements of the Charityes Act have not been met: or 2. to wthich. in oplnion. altention shwld bg dr•tym in order to enable a propw unding of acwunts to be reached. fvJFWFou4 LP Frost Wlltshlr• LLP Reporting Accountants Unit 2, Green Fam BusineM Park Folty Road Lattendge Bristol BS37 9TZ Dale".
CHIPPING SODBVRY MUSIC SOCIErY 8TATEIAENT OF FINANCIAL ACTIVTfiES YMr•nd•d 31 M•y 2023 20 2022 50.284 4.940 435 4.120 35 Charitsble activiti Investment income T¢)tal Incom• 55,246 4.590 EXpdtturn on choritsbl• a¢ti¥th• Interest payabl• arKI limdar costs {12.878) (5.45n Tol•l {12.878) (5,457} 42,368 1887} ROl11•110n of fund•: Total fvrK18 brought forward 18,028 16.895 T(thl ndS urrl•d forn• 58.396 16,028
CHIPPING 80DBURY MUSIC SOCIErY BALANCE 8HEEr At 31 IAay 2023 Currnnl M••ts Cash at bank arn5 n hd 16,028 16.028 Fund• of th• oryanlutlon 58.389 16,028 the tru¥tees and 8wJned on tlw by.. Ludkbw L&Ko 51[.kz4 IA E P•ndr•ll
CHIPPING SOOBURY MUSIC 80CIErY MOTES TO THE FIMANCIAL STATEMENTS Y1 •nd•d 31 May 2023 1. ACCOUNTING POUCIE8 The principal accounting pollcim are $ummarised bèl¢yw. They have all been appl1 Con$t•nY throughout the wriod. B••ls of •ccounllng The finanThal 8tatem•nts have b••n prepared in acctydance with thè &atemgnt of RKomrnerAled Praci¢e'. Accounting and Reporbng by Charlties preparing theirfinanual statements in accordance with tho Financial Reporting Stsndard applicable in the UK and the Repubtic of Ireland (FRS 102) issued on 16 Juty 2014 and thè Financial Reporb'ng Standard applicable in the unit Kingdom arKI RepubliG of Ireland IFRS1021 and thg Charille8 Act 2011 and UK Generty Awled Practice a¥ rt applie$ frcrfn 1 January 2015. charity con8ti1utes a publlc benefft entsty as defined by FRS 102. The financial StateEnts have been preparnd under the historical cost convontion wlth hems recognlsed at cost or transaction value. The poltcies have been applied consislerrtty throughoLrt the Cuffent and prr year. A••ovm•nt of golng conc•m Thè Tru8tees con$ider that ther¢ are no matwial unrtaInlI¢S about the ¢harty'8 abilty to continue a8 golng conm. The Charity mi$ider¥ that rt has adequate resources to continue in operational existence for the foreseeable future and has adopted the going wicem assumption in prepanng these financral $tstements. Incom• rKognlllon Income from the suth ol servke8 repre8ents th? valu• of 8eNtces provKlod under contracts to the extent that ther818 a right lo conslderation and recorded at the value of tho arrwnt recafv•d. Volunlary Income Voluntsry income Is credited to the appropriate fiJrKI in the year in wthi¢h li is reuw. Glft In klnd Donated professional servlces and goods aro Teeogn¢8ed as income V4fien the soc has control over the Item, any condrtions associated with the donated item have been met. the receipt of economic benefft from the use by the yrtlety ofthe item18 proboble and that economic 8fft can be mea8UT•d reliably. In accordance wlth the ChaTibes SORP IFRS 102). the genefal volunteer time of the TfUStee8 is not recognised. On receipt, donated professional service8 an(1 donated facil0$ are recognised on the basis of tho value of the gift lo the chadty vknich 1$ the amount the Charity vuld have been willing lo pay to oblain SeCeS or g¢)ods ol equivalent èconomic tenefft on the open market: a rrespOndIng amwnt 1$ thèn recognised in exrrtnditure in thè period of receipt. Resour èxpond•d arn aCcoUnj ts on a cash payments tM8iJ. lfftty)%Yabl• VAT li irKJuded with the expr• to vthich it relate8.
CHIPPING 80DBURY MUPAC SOCIETY NOTES TO THE FINANCIAL STATEIIENTS Ymr •nd•d 31 IAay 2023 1. ACCOVNTIMG POUCIES (conllnwdl T•Mtlon Charity is exemptfrom taxon inc4)me and galnstotheexientthattheyare applled forthelrchwFtable Oblts. Unr••trl¢t•d Fund The unrestrided fund is the retained annual rplUSd6fi¢I1$. They are available * thè di8uetw)n of the Trustees to athle tho rt*jectivw ofthe Klaty. Ca•h at b•nk •nd In hand Cash at bank and c8¥h in hand include8 cash and Short term high liqu investments with a Short malurlty ofthrtt months or less from the date 0facqu1t w opening ofthe depogit or similar accounl. I IMFORIAATION REGARDING TRUSTEE8 No Tru8tee recer¥od remunerallon during the y¢•r or any reimlxusement for eXpendrn.
Chipping Sodbury Music Society 1005346 Receipts and payments accounts CC16a For the period Year Ended May Year Ended May from 2022 To 2023
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 49,404 2,420 2,300 220 880 204 22 - 55,450 6,000 - 6,000 61,450 11,091 631 855 144 32 263 66 - - 13,082 - - - 13,082 48,368 - 10,028 58,396 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 49,404 2,420 2,300 220 880. 204 22 - 55,450 6,000 - 6,000 61,450 11,091 631 855 144 32 263 66 - - 13,082 - - - 13,082 48,368 |
Total funds to the nearest £ 49,404 2,420 2,300 220 880. 204 22 - 55,450 6,000 - 6,000 61,450 11,091 631 855 144 32 263 66 - - 13,082 - - - 13,082 48,368 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Leggacy | 49,404 | - - - - - - - - - |
49,404 | - | ||
| Subscriptions | 2,420 | 2,420 | - | |||
| Visitors | 2,300 | 2,300 | - | |||
| Gift Aid | 220 | 220 | - | |||
| Donations | 880 | 880 | - | |||
| Programmes | 204 | 204 | - | |||
| Shawbrook Interest | 22 | 22 | - | |||
| - | - | - | ||||
| Sub total(Gross income for AR) |
55,450 | 55,450 | - | |||
| A2 Asset and investment sales, (see table). |
||||||
| 6,000 | - - - |
6,000 | ||||
| - | - | - | ||||
| Sub total | 6,000 | 6,000 | - | |||
| Total receipts A3 Payments |
||||||
| - | 61,450 | - | ||||
| Artists | 11,091 | - - - - - - - - - - |
11,091 | - | ||
| Publicity/printing | 631 | 631 | - | |||
| Hall Rental | 855 | 855 | - | |||
| Insurance/subscriptions | 144 | 144 | - | |||
| Sumupfees | 32 | 32 | - | |||
| Miscelaneous | 263 | 263 | - | |||
| Roses | 66 | 66 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| **Sub total ** | 13,082 | 13,082 | - | |||
| A4 Asset and investment purchases, (see table) |
||||||
| - | - - - |
- | ||||
| - | - | |||||
| **Sub total ** | - | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | 13,082 | - | ||||
| 48,368 | - | - | 48,368 |
- | ||
| - | - | - - |
- | - | ||
| 10,028 | - | 10,028 | - | |||
| 58,396 | - | - | 58,396 | - |
CCXX R1 accounts (SS)
21/02/2025
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Chipping Sodbury Music Society Account Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 58,396 - - - - - 58,396 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
CCXX R2 accounts (SS)
21/02/2025
2
Trn8t•••' Annu R•port for th• p•rlod Frnm Obl•th•s and AGllvllle• $ummYy c4lhe m•in by th• b••t PLbI nw•l¢l•h•w•ult rn9•rd to the wwJ•K• J Oy th¢ Ch¥iy AddlUoMI Inlorn lopkn41 You m• WA P¥•1)1 P• i.* r rm oll In in¢¢ffiè for r2023 wa• du•lo an n•Pt•d
Achievements and Perforniance We have promoted the enjoyment of Ilv• music of the highest stsndard to an appreciatlve audience. Usually, our income is derived from ticket and programme sales thls Just covers our costs. Summary of the main achievements of the charity, identifying the differen the charity's work has made to the circumstances of rts beneficiaries and any wider benefits to society as a whole. Parn 1.20 AddFtional Informatlon loptional> You ma choose to include further statements Vknre relevant about: Achievements against objectives set P•rn 1.41 Perforniance of fundraising activities against objectNes set Para 1.41 Investment perfomiance against obj'ecltves Parn 1.41 Other
Financial Review Review of the charity's financial position at the end of the riod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Para 1.21 The current account held £58395.04 of which £49403.68 was the legacy Para 1.22 No reserves held for 202212023 Para 1.22 Para 1.22 NIA Para 1.24 NIA Parn 1.23 NIA Additional Infomiatlon (optlonal) You ma choose to indude further statements where relevant about: The Charity's principal sources of funds (including any fundraising) Parn 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Par8 1.46 Other
Structure, Governance and Management Description of thanty's trusts.. Typ¢ of goveming do¢ume PA12S Th• Society h¢)Ids a Con•tituOoTr aqr•ed 111h June 1991. Unincorporat•d assoclation How Is the charity conslrtLrted? 125 rated TnJst¢e aeloction methtyjs induding details of any constrtutional provrsions e.g. election lo post or name of any person or body entrtled lo appoint one or more trustee8 P• 1.25 Trustees are volunteern from tho Society Committao. Pknbfrrs ar• •l•cted ch yr at tho Annual Gonernl Ili•ettng. Addltlonal Inforn)thn (opfjon•ll You ma choose to furttrw smemwts where relovanl aboul.. Policies and procedureg adopted for tho irKluth"on and training of trustees P•¥151 The th4rity'8 organi8alional struGture arKI any wder netsvork with which the charity works Pw• 1.51 Relationship with any related parties P¥• l.St Reference and Adminlstratlve details Chanl name Other name the cha Re istered chari numter Charity's prinupal address Chi NIA 1CQ5346 Commonmead Hcthe, Portway Lane, Old Sodbury South Glos BS37 6PZ
I)IAr• IIF*nyl N•m• lor bothyl nt trustq• Musi¢ Souety Commrttes Music lety Committ Madeleine Ludlchv Marian Pendrell Hon Treasurer Membership Sec 10 12 13 14 15 17 18 19 20 Co rate truste88- namos of the direct¥ at date Ihe wasa Name of tru8tee8 hokling trtie to ry0Ffy belonging to the Charity
Funds held as custodian trustees on behalf of others Description ol the assets held in this capacrty Name arkj objects ofthe charrty on wthose tehalflhe ossets are held arKI IN)w this falls wrthin the custodian charity'$ obJ'ed8 Detsils of aan9errnts for safe custody and segregation of such assets from the chanty's assets Addltlonal Infomwtlon loptlonal Namos and addr8s•M of dvls•rn (Optlon•l Infonn•kn) Type of Nam• Addr• ad¥ls•r N•m• of ¢hl•f •x•¢ullv• or n*mu of ••nlor •t•ff mom1rn {OpOonal Infomiallon) Exemptions from disclosure Reason for non-disdosure of ke net details Other o tional inforniation
Declarations The trustees declare that they hav• approved the trusteM' report abov•. Slgn•d on belf of th• charfty's trustees Slgnature($) A Ld Full name(•) Posftlon (eg S•¢retary, Chalr, et¢) Madeleine Ludlow Hon Treasurer Marian Pendrell July 2024
CHIPPING 9JDBURY MUSIcSOOy INCOMEAND EXPENOITURE ACCOUNTYEAR E14DED MAY2023 IPKOME £<PENDfTURE Le8• 11090.60 Sub5crlptl¢) 2490.0) Publklty PrInl 630.53 Vlsltor5 2299.75 H•ll Rentsl 855. fj1ftd 220. 1rnceb5cTjt 144X DoMtk*ns f•es 32.24 Pwr•rnm•s MESC 263.34 Sh•wbrook Int 21.63 55449.06 13081.71 Incom• mr •xpendtture 4236735 55449.06
CHIPPING )DRym sEry BALINCE SHEEfASAT MAY 2023 b8 Bankkcount 58395.01 611• forw•ftl I17.) 42367.as kkft t14[ +h* 14 ly) lts)A
FORM OF REceipT Todalj. Chm Scojlyjry rw• ItK•r4tyJ £41.5CQ IMf4MI dlrtthlb>) £7•)3.68 Sthy S{• U9.403 I