2023-07-31-accounts - Louth Choral Society

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Trustees’ Annual Report for the period

From 1 August 2022 Period start date To 31 July 2023 Period end date

Charity name: Louth Choral Society

Charity registration number: 1006998

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The purpose of the Society is the study and practice of choral music in order to foster public knowledge and appreciation of such music by means of public performance.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Concerts performed to the public: 18/9/22 A Night at the Opera 17/12/22 Christmas by Candlelight 2/4/23 Haydn’s Creation 1/7/23 Music for a Summers Evening
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	4 concerts were planned and performed to the public

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
	Para 1.38
Policy on grant making
	Para 1.38
Policy on social investment
including program related
investment
	Para 1.38
Contribution made by
volunteers
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Society has facilitated 4 public performances within the year. One of the performances was of a new work commissioned by the Society, exposing members and audience to modern choral music offering technical challenge to our members and a “premiere” to the public. Performances have included guest orchestral musicians and singer soloists and pupils from the local school. One of the soloists was an international opera singer accompanied by a concert pianist.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Income has exceeded expenditure by £2833. Our available assets at the end of July 2023 were £17,167 (unrestricted funds). For comparison in July 2018 (afer getng up to date with Gif Aid) our assets were £17,412. We also have £9410 of Pat Swain’s legacy to underwrite the cost of performing high quality concerts (restricted).
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held to take account of general expenses and employees wages and the expense of future concerts. In general our assets are are reduced each year as concerts generally lose money and we rely on occasional legacies to give us the financial security to plan worthwhile events.
Amount of reserves held	Para 1.22	£10000 is the minimum reserve considered safe for the operation of the society
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Principally funded by member subscriptions and income from audiences.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Unincorporated Organisation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Elected by members on an annual basis.

Additional information (optional)

You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other

Reference and Administrative details

Charity name	Louth Choral Society
Other name the charity uses	N/A
Registered charitynumber	1006998
Charity’s principal address	Apple Blossom Cottage Ludborough Road North Thoresby Grimsby DN36 5RF

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Clare Fry	Chair	17/10/24
Philippa Winter	Treasurer
Anita Briggs	Secretary	17/10/24
David Paul	Vice Chair	17/10/24

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Fel Sake Full name(s) Clare Margaret Fry Philippa Mary Winter ~~PO~~

Position (eg Secretary, Chair, etc) ~~|~~ Chair Treasurer Date 29/08/2024 ~~Pe~~

LOUTH CHORAL SOCIETY

Income and Expenditure Account for the Year Ended 31st July 2023

Income Members' Subscriptions Donations and Sponsorship Patrons' Subscriptions Gift Aid Receipts Concert Receipts Donation from Pat Swain Legacy for Orchestra Fund Raising Events Music Sales and Hire Bank Interest Sundry Receipts Total Income Expenditure Musical Director and Assistant’s Fees Artists' and Orchestral Fees and Expenses Concert Expenses Cost of Music Subscriptions, Affiliation Fees and Insurance Printing, Postage and Advertising Hire of Rehearsal Rooms and Garage Rent Removal Costs Equipment Fund Raising Expenses Sundry Expenses Total Expenditure Surplus (Deficit) for the Year	2023 £ 7,830 1,608 1,490 1,119 8,193 3,890 1,287 - 331 56 25,804 6,000 7,730 1,837 542 752 1,290 2,394 600 206 380 75 21,806 3,998	2022 £ 5,575 2,035 1,380 4,878 6,520 - 967 28 34 485
		21,902
		6,556 6,021 4,539 551 656 1,987 2,660 200 930 184 451
		24,735
		(2833)

LOUTH CHORAL SOCIETY

Balance Sheet at 31st July 2023

£ - 5,000	£ 1,500 5,000	2022 £ 10,502 - (2,833)
		7,669
		1,500 - 10,000
		11,500 6,500
5,500 3,890	- -	5,000
		- -

		-
		12,669
		5,148 8,216 -
		13,364 695
		12,669

I have examined the Accounts of the Louth Choral Society for the Year Ended 31st July 2023 and confirm the same to be in accordance with the books and records, and explanations given.

A C J Hickman Louth 4th October 2023

LOUTH CHORAL SOCIETY

Income and Expenditure Account for the Year Ended 31st July 2023

Income Members' Subscriptions Donations and Sponsorship Patrons' Subscriptions Gift Aid Receipts Concert Receipts Donation from Pat Swain Legacy for Orchestra Fund Raising Events Music Sales and Hire Bank Interest Sundry Receipts Total Income Expenditure Musical Director and Assistant’s Fees Artists' and Orchestral Fees and Expenses Concert Expenses Cost of Music Subscriptions, Affiliation Fees and Insurance Printing, Postage and Advertising Hire of Rehearsal Rooms and Garage Rent Removal Costs Equipment Fund Raising Expenses Sundry Expenses Total Expenditure Surplus (Deficit) for the Year	2023 £ 7,830 1,608 1,490 1,119 8,193 3,890 1,287 - 331 56 25,804 6,000 7,730 1,837 542 752 1,290 2,394 600 206 380 75 21,806 3,998	2022 £ 5,575 2,035 1,380 4,878 6,520 - 967 28 34 485
		21,902
		6,556 6,021 4,539 551 656 1,987 2,660 200 930 184 451
		24,735
		(2833)

LOUTH CHORAL SOCIETY

Balance Sheet at 31st July 2023

£ - 5,000	£ 1,500 5,000	2022 £ 10,502 - (2,833)
		7,669
		1,500 - 10,000
		11,500 6,500
5,500 3,890	- -	5,000
		- -

		-
		12,669
		5,148 8,216 -
		13,364 695
		12,669

I have examined the Accounts of the Louth Choral Society for the Year Ended 31st July 2023 and confirm the same to be in accordance with the books and records, and explanations given.

A C J Hickman Louth 4th October 2023