SOUTH WEsf LONDON CHORAL soaETY ANNUAL REPORT For the yearto 31 August 2023 Objects The Objects of the Society are to advance, improve, develop and maintain public education in, and appreciation of, and the art of choral music in all its aspects by any means the trustees see fit, including through the pre5entstion of public events. Governance and Administrntion The Society has operated since 1886 under the terms of the Constitution. The Society is a charty registered with the Charities Commission. charity number 11Th413. The principal address of the Society is 24 Frewin Road London SW18 3LP. The Society 15 administered by a committee as defined in its Constituiion. All the Committee roles are filled by members of the Society and all paid up members are eligible for any of the roles. All committee members offer them5elve5 for re-election at the Annual General Meeting each year. The Committee members are trustee of the Charity. No trustee is paid for his or her role. For the year ended 31 August 2023 these roles were occupied as follows: The Officers Chairman: Janet Bark retiring 29 January 2024 Jonathan Wadman - designate Secretary: Claire Butcher Treasurer- Paul Henry Other members of the committee Librarian-. Jonathan Wadman Publicity.. Michael Grayer Concert Manager-. Peter Ramell Making Music representative: Vacant Voice part reps". Emity Pontifex, Grace Campbell. Patricia C05ta Pozza. Rob Ball & Charlie Tyndale-Biscoe Employees The Society has no employees. During the year ended 31 August 2023 the Music Director and accompanists were hired under freelance contracts. Other musicians a￿ hired on an ad hoc basis as required. Public Benefft In planning our pro8ramme the Commwitee is mindful of the Society'5 objects. Our aim is to perform a varied repertoi￿ and to provide easy access at a reasonable price to our events and to membership ofthe Society. During the year the Society gave three concerts: Mozart Requiem, Dvorak Mass in D major and Vivaldi Gloria . All three concerts were held at our regular venue of St Annes's Church in Wandsworth SWI8. The Society values being open to all singers regardless of gender, ethnicity or religion. Reduced subscription rates are offered for5tudents and those who are unemployed. The Society doe5 not formally auditron although our website explains that some experience is desirable. Potential new members are invited to join a few trial rehearsals. Reser¥es Policy The trustees consider it prudent that the Society should maintain reserves sufficient to cover the cost of at least one concert and p￿ferablY a year's expenditure. As at 31 August 2023 we held reserves above this amount, as we received a legary from a deceased member of £5,￿￿) durin8 the year which will be spent over the next couple of years. There are no restrictions on how the Society can spend this money. Financial Review Income for the year was £32.864 of which £5,IM) was in donation5. Which will be spent over the next few years. Subscriptions increased to 16.28012022-1£9.4851 as membership grew and ticket sales were £5,96212022.'11,8301. Expenditure wa5 £24.185 resultin8 in a surplus of £8.679. Financial Controls The financial controls operated by the Society include the following= An annual budget is prepared which is approved by the Commtttee Performance against budEet is reviewed by the Committee termly Subscriptions a￿ recorded against a register of members and the majority of advance tickets are sold via an extemal ticketÈng agenry. On the door ticket sales are either by card payments or in cash A5 required by the Chartiies Commission. the accounts of the Society are subjert to an independent examination each year i'al*. . bLJLLI Paul Henry Jonathan Wadman Treasurer Chairman 8January 2024 South West London Choral Society Income and expenditure for the year ended 31 August 2023 2022-23 2021-22 Income Concert income 5.952 1.830 Members. subscriptions Gift Aid tax refund Sale of rehearsal coffee Sale of rehearsal cakes Grants and donations Income from hire of mus Income from social events Sundry income Interest received 16.280 9,485 1,944 173 5.OIMI 372 365 165 167 20 176 50 26.912 11.677 Totsl Incomg 32,864 13.506 Less: expenditu Concert expenditure 13,007 5,787 Hire of rehearsal venue Rehearsal costs of conductor & accompanist Making Music subscription Bank & card charges Sundry expenses 2,780 6270 235 7,275 239 197 288 11,178 9,573 Total Expenditure 24,185 15,360 Surplusl{deficit) for the year 8.679 (1.8531 Concert accounts for the year ended 31st August 2023 Income Expenses Deficit 2022-23 Mozart Requiern Dvorak Mass in D major Vivaldi Gloria December 22 2.123 1,579 2.251 5,952 5.989 1,558 5.459 13.007 13.867) 21 13,2091 17,0541 April 23 July 23 South West London Choral Society Statement of financial activity for the year ended 31 August 2023 2022-23 2021-22 Incomin resources Concert income 5,952 1,830 Subscriptions and related income 18,568 9,713 Donations including Gift Aid tax refund 1,995 Total incoming regources 32,864 13.237 Resources ex ended Concert expenditure 13,007 5,787 Rehearsal and other costs 11.178 9.573 Total resources expended 24.185 15.360 Net resources loirtgolngs} and movements In fund$ 8,679 11,8531 Transfer to Judith Crompton gift fund 15.0001 3.679 11.8531 Balance brought forward at 1 September 2022 10.527 12,380 Balance carried forward at 31 August 2023 14.206 10,527 There were rio other recognised gains or losses in either financ￿1 year. South West London Choral Society Balance sheet at 31 August 2023 2022-23 2021-22 Assets Cash in hand Dep051t accounl Current account 19 19.031 155 120 9.866 541 Totsl assets 19.206 10,527 Accumulated Funds 14.206 10.527 l frorn Ststement of Finaiaal Acimty) Restricted fund - Judith Crompton legacy 19.206 10.527 Examinerfs report To the membgrs of the South Wèst London Chordl S(Klety I have examined the ?￿ounts for the year endwj 31 August 2023 and the tKy)ks and re￿rdS of the Society made available to me. In my opinion the Accourts have been property prepared from the above mentioned bLw)ks and records. Name.. Signed: CD6 Date: S ￿a￿va 102 South West IA)ndon Choral Society Notes on the financial statements for 2022/23 The financial statements for the year to 31 AUg￿$t 2023 show a surplus of £8,679 compared to a defecit of £1.853 for the preNious year. The main differences between the two years are: i. Subscriptions were increased for 2022123 from £65 to £85 terni 2. In 2022123 there was an average of 68 members per tertn compared to 48 in the pre￿iouS year 3. Refreshments at rehearsals were £1,219 in the year, whereas there were no rehearsal refreshments in 2021122. 4. During the year the Choir received a ￿ of £5,000 from the estate of Judith Crolnpton, a long-standing member of the choir. We are applying this gift to the Messiah concert in March where the audienee will have free entry and will be invited to donate to Alzheilner's R&seArch UK a clwity whieh Judith supported and volunteered with. The budget for 2022123 set to achieve a breakeven ￿SItiOn whilst holding two orchestral eoncerts with soloists in the vear. To achieve this the subscrtptions were increased. We estimated that there would be 65 tnernbers per tertn and that concert audiences would of 90 at each concerL Both these estitnates were excceded. South West London Choral Society Balance sheet at 31 August 2023 2022-23 2021-22 Assets Cash in harKI Deposit account Currerrt account 19 19,031 155 120 9,866 541 Totsl assets 19.206 10,527 Accumulated Funds 14.206 10.527 l from Statement of Fina