CITY OF BIRMINGHAM CHOIR A comparby limrted by guarantee) REPORT AND FIMANCIPL STATEMENTS 30 JUNE 2023 Conw nurnber. 02081252 cti1ty number. 104W4 111111 •ACXH6CKI 23102r2w24 COMPANIES HCiJSE A12 *131
CITY OF BIRMINGHAM CHOIR (A comparry limited by guarantee) cop¥rENTS F¥ge Dlf#ors' aTrJ Tntstees, Rewt IndeFendent Exaftrrinerfs Rewt Statement of FwhvK?al A(thils Balance Sheet Not•s fomiThw part offv Fiftra stat•nnts
cir< OF BIRMINGHAM CHOIR (A company limited by guarantee) DIRECTORS. AND TRUSTEES REPORT Year ended 30 June 2023 Th& th"rectors and Irustets are pSed to wesenl I1"r reprKI aThJ finanrial ststanrt for the year ended 30 June 2023. Ctrthrlty Nam• City of 8irmingh•m Chtiir 02001252 33 Blacklh)rn Close Bournville Biwmingharn B30 1S8 Board M•MIr8. Tht Board Members. who are ditors for the pwpose ofcwipany and trustees ftsrtrp purpose oftharty l, who seTved dumg the yèar up to I1 date of this ffeFyt are set bdow. P.A.Brten J.M.ES1i5 {resvJned 9 January 20231 A.AMacN A.D.P8nFl T.Sign$ J.Taylor S.Thebridge l.Tcdan S.J.Ward H.Carslake ITrustee onty) ComnY Sectvtary T. Siggins P•Je 1
CITY OF BIRMINGHAM CHOIR IA company limited by guaranteel DIRECTORS. AND TRUSTEES REPORT Year erKled 30 June 2023 Ind•wMl•nt Examln SaNy.Ann Reeves FCCA Hathme Road BJ.rmi8M B15 3AA Governing Document The oryanisation is a chiitable CoMpY by guarantee. ha¥ir8 no share capital. Flwas on S Décember 1996 aftd registered as a tharity th 6 Odober 1995. Thtr ctsrit company estab]kshed under a Memorandum of Assooab"on. whth establistd ts obpds and PU4¥ers. and it is g)¥emed under its Artides of A5SLKialion. In Ihe event oflhe thanlable Ctynpy beiry K1 up rne are required lo cryrfribLrte an amounl r1 éx¢ewlu £1. It r4 exempt from uwTr3 "knThuled" UFYer Seoairyj eAJ of the Cr¥nparries Act 2(Kfj. Recrultmentand Apptiinlmrt olthè BO1 of Ilrwg¢m•rt . Trust•• Induetion atyl TAIM Trustees are nvw to the Board gNen an by approFrfi officw. Trallw needs are rewy ¥$ses5ed and lrninin9 xo)rdingty. Rlgk marnagem•nt The thoir is suty.ect to risk in a numberof areas. These iKltvJè gyltiti"On in the tsjsy BImrnaM arts market place, compeltyon for. and reduclxjn the size of. the &MxA trom membws we drawn, the compl&te investment relums and cost pSSUre$ resulb'ng fwm Ihe Thent exwthire envwonmènt incyease lh risk profile of the CIM. Also, th• choirfs exptrierts i5 that audnce numbe havt fall to relum to prandern1C ievets. with ts asso¢iated inpact re¥awe from ticet sales. The toard these and other area$ of risk on a re9ularl>asis •rkY takes apwopriate a¢11 lo rnilwe Ilvn. Orynisatknal Structs The Board Teviv4VS 13 8trategy annualty. Day to day mana9Wfrt of tt d1r Fs thgated ty the Board to regullY PwJe2.
CITY OF BIRMINGHAM CHOIR (A MpanY limrted ty guaraniee) DIRECTORS. AND TRUSTEES REPORT Ye¥ ended 30 June 2023 The City ol Birrringharn cho exist5 to wovNJe 8 pkffomi for edat in aThJ the prTti and perfonnanee of choral music. In shaping the chantable CL¥npany's obJectNes for the year Flannirsg its aGtiwts, the Trustees This year thè cmir retUrd to a m¢xe post pandernr siluatw with rehearsals ba¢ in our usual rehearsal ven. Thè first concert, in (AXotrRr. was a Raymond Gubbay CLassical SKctacular wth LoThJon coert Orchestra in Symphony Hall, 8irnniThJham. Thiswas follMed. in Novemir, by the chrttrfs centenary concert, which had been postrKJned frcrn the preyws year. This wa5 in Symphony Hall. Birnlngham with the CBSO and celebrated Vaughan WIlk3, 150 years after his tth. with the chofal works BefiedrA and Sea symonY and the otchestral Fawrtaga Greenslee¥es. 11 is thanks to the gaS that the cfNx"r has recaved that Ihi% perfornarr was atle to be pwom¢)tth1. In D•cemtr there was the tfa(thIi8I PerfDM ofHandefs Messiah. once again in Synwkny HaTr with the CBSO. The also Ferfomd cafols in the of St. Marlin in the Bull Rw, Bimingham's parish church. wrth prLxeeds oftsLet ss gry to Ihe dwrth's"PFaces of Wek(me" sche. The Last ofthe ($ own promoted concerts was in May in the Elgar Conc£rt Hal at &"miiWam UnNersty. This inthded Britten's Company of Heaven, kn which we Yre joine(I by .1M1r9h8rn.s YourYJ P¢Jet Laureate, Ave Maris Stella by Ceeilia McDowall and the Finzi Mwrkal The Orth6 thk8 toxasion wè5 Westminster Chathr Orchestra. In June. in a fv5t for the dKJtr. Ile was a-con and Srr¥J"event at Birmyryham's Gas Street Churth at whith, 9t1 condtthr, Nitholas Cleotrry. with the sin98 on Brnhrns, A German RequEm. The final concert ofthe season was anolher Raymond Gubbay prmlion of Beethoven's Ninth Syfrykry in Symphony H?117•Ath the Royal PhiIhafrrwi Orclstra. Financial R•¥l•w Ngt exp8nth.ture for the year dS £51,227. The chTh'rfs tharrtAe athibes wo(kJced x deficit of £86.532.. Donalicns and Lega. whth ag•n irtduded a further payment in SpeCt of a legacy from a firn merthr. totalled £14.735. The Board made a ctywierte dects to support is delayed cennary con¢rt utiliwng legaty fur¥Js. and this was Majorciyth"t lo the overall defKrt fw the yew. FUre Plans The trlee$ plan lo ¢ontinue with Iheir pfeswi iwes as set out in this re[. The c(lg year wth indude concerts at Lichfield Chedral and Ihe Ruddcrf Perfolming Arts Centre at &'nningham's KJ"ng Etrward's Sthool. both 01whh wdl be new venues for the ¢thw. tctythr wh the trarjbona Sy7Y Hau Messith and a summerconcert ¢n Tewkeslyjry Abbey. incipal Funding S¢wr Sak$ ofb"Lknts for the o)nc&ts¥rtre Ihe primary S¢Mxce offwKls ts the . Page 3
CITY OF BIRMINGHAM CHOIR (A rnpanY limited by 9uarantee> DIRECTORS AND TRUSTEES REPORT Year ended 30 June 2023 Invesljnent policy bank acrount. Vlthi15t IIHS WIN conlinue as a means of rneetiry IKwKIty Wrements in relation to DJeert and project promotion. in the light of the o¥eral level of fvnds Ihe Board > interKls to exth opbLYtrS for the us? of addition longer term rash based iD¥es Rer pollcy The requires reserves to give rt Ihe k4ity to FIC(amMe the ffijl rnryje olw0$ in the repeth"ie, to wo¥Kle adequate resour to ajlow for the CaatKIn ofa wKert through vAents (MJtsKle rts o)nlrol. to provide adequate finance to 5UPPOrt the concert plannnry cyde MJ to it, lo some extenL from the uncertainlies of the market the d)otwates. The Boards poly i8 to pkn for a nKthst increase in reserves yearon year. recognisiNJ that there will be C¢Casiw when fvnds will te dr on to suptytwork that notrrnr cThtsTM ljox offi¢% irK))mt. The excepb.onal legaoes I1¥ed ¢J)Tnodiry wrth the (bs cefttenary cebebrntw)ns has enabled these frjnds to general see Oft2.156 (2022: bs cOnSthSt0 be adequate. the 8od lo acl to try to minirnise any eTOn. The desnated feseNe of È9,550 (2022". £10.240) fewes hJThts sel asth bylhe Board tts supwt outre athvttses. in partilar. ways of eno)uragng yfAJng rwde to siry. and to devel ts skius of mernbers. all part of ts confinuiry v( Fact(y inrfHtr¥e. The Board ¥$ th"s nd an anntsal basts to assess rts apprcoriate level usage. Dlrectorg. responslbjlltles The threraor5 {0 are a150 trLtstes ofcity ofBirnirth•n rpo oyithawity law) are responsit for prepariry the Annual Rep(xt and ts FinclaI Ststenwnts in accI)rd twth applKatAe law and Untted Krngdom Acuwnkng SlandanJ5 (Unrted Krntykni Genwaty Accepted Accovntin9 Practice). fair Vlew oflhe state ofaffair5 of the ctharrtabfe Cornpany and of the irtL¥ning resourtrs ar app"catIOn of resotrn. cluding the bn¢e and expenthure. ofthe dMrakJe c•Jmpany for that pwiod. In preparing those ffinancith stmÈrrts. the dhredoF¥ ast required to observe t mdhods and in Ihe SORP makejudgements and eslrnts that are reasonatAe and ¥je preparè the finanL?al ststements on the going corttm basis Un$S il is inapwopimts to wesum¢ that lh• charitable rA)mpany ¢xthtinue in bvsiness slate whether UK accuJntin9 stsndards ha¥e iwi follLyAEd. sut¥•to *y matsial depwtffts dtsclpsed
CITY OF BIRMINGHAM CHOIR IA u>mpany limited lry guaTantee} DIRECTORS, AND TRUSTEES REPORT Year KIed 30 June 2023 Oirectors. rewnsibilitie8 Icortlrn*d) at any time Ihe finantAal posth)n ofthe Lknitth compary and the up and to erble them to en$ that the finaal statements compty wrfh the Companies A¢$ 2C¥J6. They are also rtspcffi%e for safeguard9 the assets (Ither irregulafiiiès. The dtmctors art resFthS1b forthe iTrtwity ofthe u>rp(w8te and finarxial infoTmatKJn induded on the tharrtable companls web site. L$>Jal in Ihe Unrted lQngdom goveming Ihè preparation and disseminalron of the financbal StatertS may frIMn kgtskntion othèf jurt)nS. Approved by the Board of Trustees aTrJ its behaifcffl 2111 Febnwry 2024. T.Siggins
CITY OF BIRMINGHAM CHOIR (A 0)Mp limited by guarantee) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CITY OF BIRMINGHAM CHOIR I re[ to the tharity bustees cffi ex8fflinal ofts acc(xMts ofthe cnY for year erThkd 30 Ju 2023. R¢sponslb5Nli•s and basls of report As dnty'S Intstees Oft Company (arnl aso rts ireraots fLY pu ofcorrww l} yw are respmsibje for the prwarat)n of Ihe acojunts n aw)rdanc wilh the reqUffwn of the Companies Ad 2( (kne 2LK6 Acri. 2OJ6 Act and are eligitde for nJertht e¥wninalion. I retKl in respect of rny ewninab.on of your chariiys accounts as carried oirt under sedw)n 145 ofthe Chaiiis Ad 2011 fthe 2011 Acn. In carying out my examinat I havè folrmed ttie Dire(c gweti ty the Chality Cormission unTJer 14515llb) of thtr 2011 lrnlependent examlnees slatsn èxamination giving faUS& io tlie¥e'. 3. the accounts do Th)t eompty with the acccwJntKYi rewfemerts of Se(l 3 of the 2CKJ6 Act other Ihan any mu1ment Ihal the ac4yJrrtS a Inje and fa ¥ieK whth i8 not a matterc4)nsKlered as part of an independent examinatM)n.' or 4. the armjnts have not been prEpaTed in 2cccffd the Meltts and wnciples ofthe Statement of ReccrfnmeTrJed Prarkn for accounling and repo"r@ by charils l¥¥Jh"cable to thanlies preparing their ace£sunts in aeccKdan( ith #* Repryw aprAi(3bk in ts UK and Rewt4ic of Ireland {FRS 10211. ould be dr&¥n in this rerth in orderto erthle a woper urnlewsrVJ ofthe a¢xcxMts to be reathed. Sally-Amn Reeves FCCA AsxKiation ofchartered Certified BroaaY Wotcestefshwe 21 Febmary 2024 Page 6
CITY OF BIRMINGHAM CHOIR IA comwy limrted ty guarantee) STATEMENT OF FINANCIAL ACTtvrTfES . (IncoiFX)ratNig an Income and Expendrture Accounti Year ended 30 June 2023 2023 Total Fund 2022 Total Funds Fd$ DesMJnated General Incoming rBswrce8 Incoming and endowments frorn.. Fundrw$ing and D(01$ Legaaes 1,235 13.500 1,235 13.500 32,568 In¥e5tment income- interesl Charitable activities 570 570 31 71.598 71.598 47,745 Totsl 86.903 86.903 81.944 Resourtes •xpond•d Expènditure on". Charitable aetivities 137.440 138,130 87.352 Totsl 137,440 138.130 87,352 Nel movement in hjnds tv.ng net InWn{exknd[tUrt} fortht ye {50.537) {51.227) (5.408) Re¢onciliation of fvnd# Fund balances at the beginnirg of the year 10.240 286.695 2S6,935 2,33 Fund balancas atthè ernl ofth• year 236.158 245.708 .935 There wefe no recf*Jnised gains or losses for2023 or 2022 other Ihan thLW ¥YJuded inthe Statemert of FintK3al Athvrties. All ino)me and expenditure relates to ntinUIr9 (wat4$. The notes on paw 9 to 13 lo W ofthese fi1181 Page 7
CITY OF BIRMINGHAM CHOIR (A company liffuted ty guarantee) BALANCE SHEET As al 30 June 2023 Current •s¥ets 5,136 241,425 12.442 287.509 Cash at bk in hwKI 246.&S1 299.951 CYedltoYs'. amowtsfalhng 7••thn or 18531 {3.0161 N•t cumnt zwts 245.708 286.935 245,708 286.935 Unrnstrict•d fimds: General 236,158 9.550 286.695 10,240 De&gnated 245.708 Restricted fd8 Total funds 245,708 Thè Diredors consider the dWIe is ed to exempi¥m from Ihe rww1r•m1 to hav• aft autht under the provisitins of sectK¥Tr 477 ofthe Companw Ad 2( nhe and members have not required the rthWi1ab company to L>tsin an audit for the year in q$tth in a¢>)ydan¢e wrth sedion 476 cl Ihe Act. The Dir•¢tors ackn1xed9• thw"r respo"115 fry erffjurirJ thal the tharitable rnPany keeps xtountir¥J records whKh corry)fy vthh SedJ 386 ofthe Ad lor wepan.rtg financial slatements which 9Ne a twe ar# fair wew of the state of affaw5 ofthe dr[table company as at 30 June 2023 and ofthe deficit for ihe year Ihen ended in ac(Nan wrth the q[reMents oseth"ons 394 and 395 of Acl and wlw.th compty wilh requirefflents of the Crynpwies kt 26 rejaling to the finwhial statwnents so faras appli(le io the The finawKial slatem8nts have been prepa1 in wrfh Ihe SF81 provis.ons ¢tirj to ctsnpantes 8ubjecl to the small conwles wme willin Part 1S ofts Companies Ad 2(K6. The fmarwxl Stateffl were apwo¥ed by the Bo¥d of Manw on 21 Febry 2024 aTrJ SIgd on itB behaw by.. A.O.Panf*l DNe¢Jor
CITY OF BIRMINGHAM CHOIR {A company limited ty guarantee) STATEMENT OF FINANCIAL ACTIVITIES (IncorForating an Ineome and Expendiiure Account) Year ended 30 June 2023 2023 Total Funds 2022 Total Funds Restrided Funds UestrAl Funds DesKJnated fnwal locrAnirwJ ar#Y endowments fr(xn' Fundrw5ing ond D¢)nalvx Legaues 1.235 13.5C¥) 1,235 13.500 1.580 32.588 1nvesbints Investment income- ereSt Chantable 8Ctivilies 570 570 31 71.S98 71.598 47.745 Total 86.903 61.944 Resou$ expended Expendilure on.. Chantabl• acti¥th"es 137.440 138.130 87.352 Total 137.440 138,130 87,352 Net m¢wernent in bng net ie1(¢xpendl) forthe ye (50,537) (51227) 15,4081 RewKibation offund Fund balww at the Wning ofthe year 10.240 296.935 302,343 Fund l>ances al thg gnd ofthe year 236.158 245.708 296.935 There were no reo)gnised gains or thses tr20fJ or 2022 olherlhan Ilw in Staiwwwrt ol FinanL?al A¢#iwties. All irujme and eXpenth Ire$ to conlu¥Jiry okvats5. The rtotes on pages g to 13 lorTn wtolthese statements.
CITY OF BIRMINGHAM CHOIR IA company limited by guarantee) BALANCE SHEEr As at 30 June 2023 2023 CUYY•nt aaets Debtots Cash at Iwk and in hoThJ 5.136 241.425 12.442 287,509 246.1 299.951 'Cr•dilots: WUnIS lan0 due willmn o year {8S3} {3.016} Net current •s¥ets 245.708 286.935 Totsl tsgets Jess cwrent f1lIeS 245.708 286.935 Unrpstrict•d funds". General Dewgnated 236,158 286.695 10.240 245.708 Restiictad fvnd5 Total furKIs 245.708 audit under the provisi$ of5ectrm 477 ofthe CrynFonies Act 2L¥A nhe Acf) and members have not required the tharitabk corwy to 014ain an wjit ts the year questi in accordarte wilh seth.on 476 of the Act. récords Ythrth c(xwJW wrth seition 386 ofthe Ac an(1 for preparing fal?1 statements whth give a true 8nd fair view ofthe state of affairs of the charrtatAè wnpany as at 30 June 2023 arKI oflhe deficif for the year t ended in aXOrdan th the requirements ofsectics 394 and 395 01 the Aca and Thtttch c¢mpty with the reqU1MentS of the Aca rèlatty to the finaKSal sla1wnls so tsr as applicab to the The finarKial ststements have prepa in trdaeTh)lh speual prtrfflSiS relating to oxnpanies subpd to the small compari rryme wilhin Part 15 offv Comparyes Act 2(. Thg fi)arKyal *atements were apwoved by the Bc4rd ofmwnwrtan 21# Feiwu8ry 2024 and signèd on ils behalf by.. A.D.PaDnel Directoi P¥8
CITY OF BIRMINGHAM CHOIR (A )ffany linited ty guarantee) NOTES TO THE FINANCIAL STATEMENTS Year ended 30 June 2023 A1)untI1v4 polici 1.1 Basi¥ of prEpaTrtion The finanaal statwnents of the tha11ta c[ry. is a puwie berfft entty under FRS102, have been ppal in &cordance wrth the Chaiities SORP IFRS 1021 'knunting Reporling by Chariti"es". StatnI of Rewmmenthd Prae aprAKab to charihes preparing their acctyjnts ac¢7)Tdanr£ w¥th Ihe Fina4a1 ReportiNJ Standard aWiLzble ir7 the UK and Republic of Ireland IFRS 1021 leffectwe 1 January 20191., Finanoal RepJ"ng SIJard 102 The Fin8rrial Rep(Mting Standard applicable in the UK and of Ilan(l. aThl the coMre5 Act 20(. ffinaraI ststement$ 1.2 Fund accountlng Unrestrided rewesent fijnds that e expeTrd8b at ihe dis(xelion ofthe Board in tl furtheranre of the otlects of Ihe tharitable corTyany. Such furK15 may be held in order to fmanc2 tth worting ¢apital an¢J capital investrnent. DesIgated hjnds are Ihose fLmds are unro4rtted in natLwe which have been dew9nated by Board tt> b• Lwd in a partAl¥ manner. 1.3 Incomlng rexwrce All irroming resowces are IhE Statement of FinwJal Adivrtitss tre tharitable eomp8ny 5s entilled to Ihe tr aKI tr artThxrrt ran te quanttfed wth aable aGaNW. The folhyTh3 speufic polities a appled to wtiojar categ(Nie$ of inc•Jme.' Volunlary incr)me by way of grants. (k)nal and ts WdelI in full in the Statement of Financial Activities when rec¥atle. Grdnts. where enlitlement is not crN)drtJ'onal on the delNery of sFecific perknnanrR by ts charitable Mpary. are recrsnrse(I when it become5 uncL¥¥Jitionally erfitsd to the Donated see$ and fiJilJes are inded * thtrvalut Its thè Charrtab t4)mpany where can be quanffied. Thè valL of SefviS provthd by ¥c4unteers has Tr)t been induded in these Incoming resources fr()) grwts, tIrt related to perf0rrnan and srRofic deliverables. WÈ aC(unted lor as the chantab crynpany èams thè right to ryytsmlerath.tsn by rts rfoMn. whe is recer¥ed in athTart of perf0Mn rt is treated as deferred incThne and included 1.4 R•soufCts expd Charitable exFenthture those coas wNxMred by thè rJW8b cfjmpany wi tt delrwy of its Govemance costs IlUtr th)se ts)sts a5SiKiaI wilh rrdin9 the cortstilul)nal and statutory requitements of the thafitabte conyny arnl indude aLMM fees and oists l)ked to the stiwJtC managent ofthe tharitabk o)rry>any. Pa9e 9
CITY OF BIRMINGHAM CHOIR (A company limrted by guarantee) NOTES TO THE FINANCIAL STATEMEp¥rs Year ended 30 June 2023 All sts ore 4located belween the exppwKSlure categcKs of the Slalement of Fin8>81 AGIMlrgs a ba$ts desjgned to rellect ts Ltse of the resrHJrce. Costs relabrwJ to a partILar adtvty c4)mprise both supwrt 11pm. 1.5 VAT t.6 Cash at b•nk •nd in h•nd Cash at bank in hand fvKI cash aTrJ short temi Wy Ihwid investrrN with short tem rnatuwity of three m¢)nth$ less frryn ts dale olag]u1sil (Y openry ofthe dw)t orsimilar ' a¢tt)unt. 1.7 Debtorn and creditorn roceiwblelpayabb ithin one yèar Debtors and Slaed irteresi rnte recivab or poyablo Within one year are The finala1 statements ha¥e been wepared on a Ing cor(em basi5 as the IeeS believe Ihat no matèrial un¢ert8inb"es exist. Thè tm5tees h•M cartsKlered thè level of fLmds held and the expected level of Incorne and expditUre for 12 ffKJnths frr¥n arthon.sry se finclaI stalements. The budgeted going concem. N•t {tyrtgoIngimln9 10¥OU 2023 21r22 These are ststed (wgiry thg 525 Anatygis of inc¢me 2023 2022 rèt safes fèes eaffd MenJership subscn'pti Christsna¥ Treats CD Ss Grft aid le(d$ 49,282 17.262 26.(1 16,5&5 215 4.204 7(Kl 71,598 47.745 Page 10
CITY OF BIRMINGHAM CHOIR IA o)mpany limited ty guarantee} NOTES TO THE FINANCIAL STATEIAENTS Year ended 30 June 2023 4 Analysi d expendi¢we 2023 2022 Total Concert Vtie Ftryy Propas Costs Markgting Conductors. fees Accompanisl fees Rehearsal room Printiwvj arKJ stgfr"onery Coslumes Music aThJ kjkje 113.531 113.531 2,646 8,718 4.244 6.185 35 215 516 59.375 3.550 12.393 3,278 5,810 12 12901 1.179 8.718 4,244 6.185 215 516 sup[ costs aktated lo actr4ths'. Insurance Legal and profeswjnal Mixdlan•ous 269 550 1.221 257 525 550 1.221 137.580 138.130 87,352 Stsff costs The tharty has M empwes forthe peiiijds 2(r23 or 2022 ollrthan Trustees, who dkl not recwve any remunwation12021 £NIL}. No empknyee a)KntIng to moTelhan £60.(XNJ in either y&ar. 30 June 2022. T•xati As a charrtablt rJ)rrwny, Cty of &.rnarn Choir rs exempt from tax on irthm aryj gains fallirnj Wiihin seclion 478 ofthe Taxes Ad 2010 or seclth?n oflhe Taxatth of Chatyeab Ga"ns kt 1992 to Ihe extent that these ¥• appli¢d to its th4ritabl• objects. No tax (thaw have wisen the tharitabk rIy. 2023 2022 Grfl wd redaimable Legac$ Deblws trol acwnt 7.588 650 1,136 5.136 12,442 2Q23 2022 Sundry creditors 853 3,018 PwJe 11
CITY OF BIRMINGHAM CHOIR IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS Year eThJed 30 June 2023 10 Restricted Funds and grants, hdd on trust. to be appkd for spe MNFoses. as [dj." Balartes at 1 Juty 2022 Baknces al 30 June 2023 The restrKted fijnds were atlr•xrtalAe trj the C• FJ. a furyl accurnuLated to support actrvbti.es marknny the 100th lvea. 11 Unre8trlGted lund8 Balances al 30 June 2023 1 JLty 2022 General fvnds 137.440 236.158 I)esignat fuThls 10.240 9,550 138.130 245.708 The designated fvnd is used fiy the Yo Fakn lnilA1". fJhKh ts usod to fund Voice tra1ft9. w)d workshops an(1 forother steCOt kxoieds. 12 ADaly•i¥ ot •ts bet*wD funds Re5tWKled Total Bank deposit Unt Olhef cash at bank and in hj Net debtors and cr&Jitu5 82.758 158,667 4.283 82,7S8 158.867 4.283 245.70B 245,708 P4e 12
CITY OF BIRMINGHAM CHOIR (A company hmited ty guarantee) NOTES TO THE FINANCIAL STATEMENTS Year en¢Jed 30 June 2023 13. Comparatiws forth Stalemenl of FInCilI Athil Restricted Funds The lunds of the ch81itable Ixnpany rpslncted fijnts 0)mpirj unexpentsj bartes of donatior aThY grants. held trust. lo be apld for SFear wrposes. as foYI(Nts". Bala$ at 1 Jdy 2021 Expènditure Bakgnces at Resi fvnds 778 778 dKMrwthshops. aTh1 Cartewy a fid Mlated to aleS mathing the 1Wth annivewry. Unwtrieied funds Balaww at l JY 2021 Incwne Expenditure Balances at 30 June 2022 General funds 271.843 81.944 67,CW 286.695 Des¥JnattyY fvIS 29.722 19.482 10,240 301. 81.944 86.574 2%,935 The desvJnaled ljnd is uwj fclhe Vore F•yy iniialvrf. is used to ftJrKI ¥OiL tsining, and Un1[Ict ReStrted Total Bank deposil aryount Other r2sh at bwk and in hanj 82.193 205.316 82,193 205.316 9,426 2.>35 14 Trustees and Related Paths expenses dynng the year. Oijring the year the receried a Ikrfthc•) of £1.0(Xl from DLmbred( Charity of whith CarsL4ke was a tF{e. Page 13