## **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 07966 260 086 email simon@simonalderson.co.uk 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