2020-12-31-accounts

NATIONAL ASSOCIATION OF CHOIRS INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31 DECEMBER 2020

2019 2020 £ Notes Expenditure £ £ News & Views Print & Post 6821.83 6829.33 (a) less sales & advertising -1542.00 5279.83 Year Book Print & Post 4192.43 3197.89 less sales & advertising -450.00 3742.43 Admin. Costs 8097.00 (b) Exec. Travel 1119.65 2403.50 (c) Post. Tel. & Stationery 311.31 1708.99 (d) General Exp. 1145.49 0.00 Group Promotion 0.00 916.89 IT 425.00 51.20 Conference 2018 late invoice 100.00 Donations 0.00 78.00 Bank Adjustment 53.00 60.00 Bank Charges 55.00 (e) Misdirected choir payment 71.84 23442.80 12203.55 5918.04 Accumulated Surplus 15280.17 29360.84 27483.72

2019 2020 £ Notes Income £ £ Notes Subscriptions: Full Member 31470.00 34571.00 Associated Member 390.00 31860.00 Donations 768.54 Sundry 16.00 0.00 Centenary 0.00 Other Income 0.00 Bank Interest Received 0.00 250.00 Web advertising 0.00 71.84 (e) Misdirected choir payment Sale of Goods 120.50 5.44 less cost of goods sold 63.78 56.72 0.00 Services 0.00 (g) (h) Conference 2020 -6305.98 (f) (Loss)/Profit on event -4449.00 ( i ) 29360.84 27483.72 Accumulated Deficit 29360.84 27483.72

BALANCE SHEET AT 31/12/2020

	2020				2019
	£		£		£		£
Sundry Assets
Bank Balance
Lloyds Account	91948.22		91948.22		69014.10		69014.1
CAF Account	0.00		0.00		12901.40		12901.4
Debtors
Reserve for Conference Officer			1000				1000
Advertising invoices outstanding
Conference 2021	1208			2020.00	1500.00
2022	140			2021.00	368.00
2023	0			2022.00	140.00
			1348.00				2008.00
Stock in Hand			158.89				222.67
			94455.11				85146.17
Less:
Creditors
N&V printing	1374.77		1374.77
Advanced subscriptions:
Full	10705				21832.00
Associate	76		10781.00		181.00		22013.00
Conference receipts			7061.00				1675.00
			75238.34				61458.17
Accumulated Fund - unrestricted
Balance brought forward		52332.90				46414.86
Surplus/(Deficit) for year		15280.17				5918.04
Transfer to Centenary fund
Balance carried forward			67613.07				52332.90
Centenary fund – Designated			5480.56				6980.56
Group funds - Restricted
Mids N		209.04				209.04
Mids SW		637.67				637.67
Group 14W (now Scotland West)		217.00				217.00
Group 17 (now South Wales)		43.00				43.00
Group 8 (now Yorkshire East)		243.00				243.00
Group 2 (now Yorkshire North)		575.00				575.00
Group 1 (now North West Group)		220.00	2144.71			220.00	2144.71
			75238.34				61458.17

Financial Report 2020

There has been little activity this year, in particular no conference and fewer issues of News and Views. We have decided to halve the subscription rate for 2021 to reflect this.

CAFbank increased the charges and Lloyds now charge only if the annual turnover exceeds £3M so we have transferred all our business to them.

Notes

(a) Fewer issues of N&V.

(b) Meetings have been held virtually and there was no conference.

(c) No conference/AGM printing.

(d) Includes late insurance payment of £213.33.

(e) Corresponds with misdirected payment in 2019.

(f) Planning costs from previous years and expenses incurred before the lockdown.

(g) The invoice for printing costs (but not postage) for the Christmas issue of N&V was sent in 2021.

(h) Subscriptions for 2021 are less than half of the usual cost (£25 instead of £53).

Paul Gailiunas

SIMON ALDERSON ACCOUNTANCY SERVICES 19b Front Street . Sacriston . County Durham . DH7 6JS telephonelfax 01913710427 mobile [phone] email [e-mail] www.simonalderson.co.uk Independent examiner's report to the trustees of National Association of Choirs I report on the accounts for the year ended 31 Decemb¢r 2020. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audtt is not required for this period (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility lo: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (und¢r Section 145(5){b) of the 2011 Act); and - to state whether particular matters have come to my attention. Basis of the independent examiner's report My examination was carried out in accordance with the General DirectKons given by the Charity Commission. An examination includes a review of the accounting records kept by the charity comparison of the accounts presented with those records. li also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not Provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to thos¢ matters set out in the stalements below. SIMON ALDERSON MA (Dunelm) FMAAT Licenced by the Association of Accounting Technicians to engage in Public Practice Licence No 866

Independent examlner'$ statement In connectton with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting r¢¢ords in accordance with Section 130 of the 2011 Act. and - to prepare accounts which accord with the acwunting records and to comply with the accounting requirements of the 2011 Act have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr S Alderson FMAAT S Alderson Accountallcy Services 19b Front Street Sacriston County Durham DH7 6JS 15th July 2021