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2024-08-31-accounts

The Association of the Friends of

Scunthorpe Co-operative Junior Choir Committee Report Year Ending 31st August 2024

The following served on the committee during the year:

Mrs J Brewster (Chair) Mrs S Jolley Mrs R Oatridge Mrs J Hickson Mrs J Blades Mrs K Watson Mr D Field Mrs H Harrison Mrs H Marshall Mrs S Hollongworth Mr R Baker Mrs R Lawrence

Trustees:

Mrs J Brewster Mrs S Jolley Mrs H Harrison

Reference and Adminstration Details:

The name of the charity is "The Association of the Friends of Scunthorpe Co-Operative Junior Choir" The charity registration number is 1005938

The names of the members of the committee and trustees are shown above.

The income and property of the Association shall be applied solely towards the promotion of its objectives, set out in the constitution.

Objectives and Activities

The net yearly income of the Association shall be applied by the Committee annd the Trustees in the manner and to the objectives described in Note 3 of the constitution.

Independent Examiners Report 31st August 2024

Scrutineer's Report to the Trustees of The Association of the Friends of

Scunthorpe Co-operative Junior Choir

I report on the accounts of the Group for the year ending 31st August 2024

As the group's trustees you are responsible for the prepartion of the accounts, you may consider that neither the audit nor independent examination requirements of the Charities Act 1993 apply. It is my responsibility to scutinise the accounts and reply to you.

Basis of Scrutineer's Statement

In accordance with the directions given in the Group's constitution, I have scruitinised the records and the accounts as set out in the attached document.

Scutineer's Statement

In my opinion the accounts are in accordance with the records provided to me and comply with the requirements laid down in the constitution.

Signature: Jacqueline Brown

Address: 6 Fairfield Court Cleethorpes DN35 0QW Date 25/10/2024

The Association of the Friends of Scunthorpe Co-operative Junior Choir Year Ending 31st August 2024

The receipts and payments account and statement of assests and liabilities were approved by the Trustees and signed on their behalf by:

Date
Chair Mrs J Brewster 16/11/2024
Trustee Mrs S Jolley 16/11/2024

The Association of Friends of Scunthorpe Co-operative Junior Choir

Income and Expenditure 31st August 2024

Income 2024 2023 2022 2021 2020
Grants and Donations 12062.07 3384.00 12277.00 4880.26 9694.35
Subscriptions 9997.75 9518.49 8182.76 5942.62 7732.14
Trips, Concerts and Ticket Sales 5753.62 15637.99 1403.00 3348.85 2919.80
Bank Interest 193.82 118.84 7.72 1.68 15.19
Sponsorship 0.00 2000.00 2000.00 0.00 2000.00
Gift Aid 0.00 281.19 213.41 647.80 578.35
Fundraising 1449.00 1052.87 637.47 1094.11 1312.63
Patrons 750.00 780.00 730.00 0.00 830.00
Merchandising 0.00 105.60 0.00 0.00 67.00
Raffles and Programme sales 1455.70 1612.00 0.00 0.00 0.00
31661.96 34490.98 25451.36 15915.32 25149.46
Expenditure
Raffles, Gifts and Prizes 225.20 0.00 39.00 407.30 263.51
Premises Hire 6580.00 4849.50 2160.00 300.00 2260.00
Printing, Stationery and Admin 639.55 2186.14 912.68 399.93 1099.32
T. Shirts 0.00 1133.00 0.00 0.00 0.00
Sundry 0.00 49.29 10.55 0.00 1404.70
Courses and Training 0.00 0.00 170.00 0.00 1021.20
Music, Insurance and Equipment 1093.05 1111.87 1621.16 2268.64 2921.22
Concert and Trip Expenses 1130.52 11512.64 7514.32 1300.00 5134.00
Fees and Wages 8785.00 7710.00 13977.00 9990.00 7953.00
Donations 2075.00 900.00 100.00 650.00 958.00
Centenary Projects 3746.88 262.00 3697.50 409.00 0.00
Unaccounted Expenses 0.00 0.85 0.00 0.00 0.00
24275.20 29715.29 30202.21 15724.87 23014.95
Net deficit/Surplus £7,386.76 £4,775.69 -4750.85 £190.45 £3,646.76

The Association of Friends of Scunthorpe Cooperative Junior Choir Balance Sheet at 31st August 2024

2024 2023 2022 2021 2020
Investments
Capital 50998.00 49716.00 54532.00 48059.00 46463.00
Profit/Loss 6246.00 1282.00 -4816.00 6473.00 1596.00
Value at 31st August 2023 57244.00 50998.00 49716.00 54532.00 48059.00
Current Assets
Reserve Account 13471.69 13277.87 13159.03 16494.31 16492.63
Current Account 16514.85 7324.28 4673.12 6073.81 5918.39
Cash in Hand 147.00 147.52 147.52 162.40 129.05
Ticket / Trip Account 6569.83 2006.94 1.25 1.25 1.25
Less Chorister Deposits -6560.00
Total Net Assets 87387.37 73754.61 67696.92 77263.77 70600.32
Represented By
Accumulated Funds Brought Forward 73754.61 67696.92 77263.77 70600.32 66879.81
Minus Deficit 4750.85
Plus Surplus 7386.76 4775.69 190.45 2124.51
Plus Investment Profit 6246.00 1282.00 6473.00 1596.00
Minus Investment Loss 4816.00
87387.37 73754.61 67696.92 77263.77 70600.32

The Association of the Friends of

Scunthorpe Co-operative Junior Choir

Financial Review Year Ending 31st August 2024

We report a surplus of £7386.76 and an investment profit of £6246.00

The surplus is due to funds specifically donated to the 2025 tour. These funds will be utilised during 2025 year and will maintain the reduced price quoted to members.

The initial Capital £30,000 held in unit trusts with St James Place Wealth Management has a current value of £57244.00 an increase of £6246.00 over the 2023-2024 year. The Trustees review these funds annually and are fully aware the value may go up or down on a daily basis. There are no plans to change the investment portfolio at this time.

The associations assets are held entirely for the furtherance of its aims and objectives.

The Charity holds sufficient reserves to fulfil its policy objectives set out in the constitution.

Helen Harrison Treasurer

Trip Account £
Scunthorpe Co-operative Junior Choir
Total Chorister Deposits Received 31st August 2024 11310.00
Paid
02/03/2024 One Stage Coach Deposit 500.00
10/07/2024 One Stage £85pp Deposit 4250.00
4750.00
Balance Trip Account Chorister Deposits 6560.00

The Association of Friends of Scunthorpe Cooperative Junior Choir at 31st August 2024

Donations
Gift Aid 0
Grants 2570
Subs 9998
Sponsorship 0
Patrons 750
Trip Donations 9492
22810 22810
Charitable Activities 5754
Other Trading income
Raffles & Programme sales 1455
Merchandising 0
Fundraising 1449
2904 2904
Income Investments
Bank Interest 194
Total Income
31662

Income 1st September 2023 - 31st August 2024

£
Subs 9997.75
Grants 2268.00
Donations 302.25
Gala Ball
Tickets 2558.28
Raffle 576.33 3134.61
Xmas Concert 766.39
Sing into Spring
Entry Donations 945.41
Raffle 561.00 1506.41
Circle Song 373.71
Lincs Lotto 754.00
Performance Fees 840.00
Swimathon 475.00
Craft Fayre Deposits 220.00
Leavers Concert
Entry Donations 269.83
Raffle 318.37 588.20
Trip Donations 9491.82
Patrons 750.00
Bank Interest 193.82
31661.96

Expenses 1st September - 31st August 2024

£
Room Hire 6580.00
Xmas Tickets income to Choral 775.00
Music Team Fees 8785.00
Concert and Trip Expenses
Gala Ball 3746.88
Printing Stationery and Admin
OCM, DBS, Flyers, Music Folders etc 639.55
Music Insurance and Equipment
Music 170.00
Making Music Membership, PRS and Insurance 863.05
Piano Tuning 35.00
Piano PAT Test 25.00
1093.05
Raffle, Gifts and Prizes 225.20
Donations
Swimathon 475.00
Olive Graveling Bursary 100.00
Lindsey Lodge Hospice 1500.00
2075.00
Concert & Trip Expenses
Training Choir Central Park 45.00
David Lawrence 91.66
Bob Chilcott 88.06
Sing into Spring Refreshments 45.00
Refreshments Little/Middle Rehearsal Concert 31.80
Music Festival Entry Fees 54.00
355.52

24275.20