2024-06-30-accounts

CITY. OF_BIRMINGHAM CHOIR (A company limrted by guarantee) REP.ORT, AND FINANCIAL STATEMENTS 30 JUNE 2024 Company number: 02081252 Charity number.. 1049684 ADXV3YJU 071031202S COMPANIES HOUSE A10

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CITY OF BIRMINGHAM CHOIR (A company limited by guarantee) CONTENTS Page Directors, and Trustees, Report Independent Examiners Report Statement of Flnandal'Actlvltié$ Balance Sheet Notes forniing part of the Financial Statements

CITY OF BIRMINGHAM CHOIR (A company limited by guarantee) DIRECTORS. AND TRUSTEES REPORT Year ended 30 June 2024 The diredors and Ifustees are pleased to present thelr report and financi81 statements for the year ended 30 June 2024. Reference and Admin16trativo Infomatlon Charity Name City of 8imilngham Choir Charity Reglstration Number 1049684 Company Reg18tratlon Number 02081252 Règlstered. Offlco, 33 Blackthorn Clo8¢ Boumville Birmingham B30 ISB eoard Members The Board Members, who are diTeclors for the purpose of ¢¢Jmpany law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out below. P.A.Bowden. T.Low (appointed 15 Oclober 2024) L.Mair. (appointed 15.October 2924) A.A.Maciver {resigned 26 January 2024) A.D.Pannell T.Siggins J.Taylor S.Thebridge M.Toolan.(resigned 15 October 2024) S.J.WaTd {resigned 15 Oclobei 2024) H.Carslake (fruslee only) (resigned 15 October 2024) Company Se.¢tetary. T. Siggins

CITY OF BIRMINGHAM CHOIR (A company limited by guarantee). DIRECTORS, AND TRUSTEES REPORT Year ended 30 June 2024 Independent"Examiner Bankers Sally-Ann Reeves FCCA Broadway Worcestershire Natwest Edgbaston Branch 30a Harl)ome Road Binningham B153AA Structure. Governance and Management Governing Do¢ument The organisatlon Is a charitable company limlted by guarantee. having no share capttal. It was incorporated on 5 December 1986 and regIste￿d as a charity on 6 Odober 1995. The charitable company was establlshed under a Memorandum of Association, which established ils objects and powefs, and it is govemed under its Articles ol Association. In the evént of the charitable company being wound up members are required lo contribute an amount not'exceeding £1. It is exempt from using "Limited" under Sedion 60 of the Companles Ad 2006. R•crullm•nt and Appolntmont of the Board of Management Board members are all members of the choir and are elected to office by thoir members. Trustee Induction"and Training Tnjstees who are new to Ihe Board are given an Induction by an appropriate officer. Training needs are regularly assessed and tralning organised accordingly. Risk management The thoir is subject to risk in a number of areas. These include compelitton in the busy Bimiingham arts market pla￿..cOmpetItion for. and reduction in the size of, the pool from which members are drawn, the complete absence of financial support from professional arts bodies and general economic uncertainty. Latterly, ieduced Investment retums and cost pressures resulting from the current public expenditure environment increase the risk profile of the choir. Also. the choirfs experience is that audience nurnbers have failed to retum to pre-pandemi levels. with the associated impact on revenue from ticket sales. The board reviews these and other areas'of risk ' on a regular basis and takes appropriate action to mitigate them. .Organisational Structure The Board reviews its strategy annually. Day to day management of the Choir is delegated by th8 Board lo officers. who are all members of the Board, who operate within the agreed strategy and report to'the Board regularly Page 2

ciry OF. BIRMINGFIAM.'CHOIR {A.company limrted.by.guarantee). DIFIECTORS, AND TRUSTEES REPORT Year ended.3.0 'J.une.2024 .Obie¢ts and Activities The Cty of Birmingham Choir exists to provide a platfomi for education'in and the promotion and perfom)ance of choral music. In shaping the charitable company's objectives for the year and planning rts activities, the Trustees have considered the Charity Commission's guidan￿ on public benefit. Achlevèm•nts and Porfornian¢e The first concert of the year, in November. saw the choir perform for the first lime al the Ruddock Performing Arts Centre at King Edward's School in Edgbaston with the Westminster Chamber Orchestra. The main rtem was the Beethoven Mass in C and there were two short orcheslial pieces. Shepherd's Calendaf by Hurd.,and Banks of Green ￿lloW by 8uttenvorth. In December was the tr8drtional performan¢e ol Handel's Messlah. with the CBSO. in Binningham's Symphony Hall. March look the choir to another ￿r$I lime" venue at Lichfield Calhedral wilh a perfomiance of Bach's Canlala No. 12 and Haydn's Stabat Mater accompanied by the period instruments of the Musical and Amicable Society. The flnal concert of the year was in June al Tewkesbury Abbey. Tilled "French Romantics. the performance Induded the Vieme Messe Solenelle,, Tu Es Pelrus by Villette and De Profundis by Dupre, all piece.1 for choir and organ. The organisl for this was David Briggs. Flnanclal RevS•w Nej expenditure for the year was £26,428. The choirfs charitable activities produced a deficrt of £31,259.. Fund Raising. Donations and Legacies. which included a final paymenl in respect of a legacy from a former member. totalled £3,587. ' Futur¢"PlwJ The trustees plan to continue with their present objedives as set out In this rewrt. The coming year will include other 'new venue. perfO￿an￿ at Bradshaw Hall al Ihe Royal Binningham Conservatoire where the works will be_ltye Mozart Mass in C Minor and the McDowall Da Vinci Requiem. Symphony Hall perfonnances will be a Raymond Gubbay Spectacular Classics and the traditional Messiah. There will be a carol Concert in the church of Sl Martin in the Bull Ring. In 2025 ther8 will be a 'Come and Sing. day and a concert in the Elgar Hall at Birmingham University. 'P.rfncipal'Fundlng, S.oure•8 Sales of ts'ckets for the ¢hoir'$ o)ncerts were the primary source of funds for the year. Page 3

CITY OF BIRMINGHAM CHOIR (A company limited by guarantee) DIRECTORS. AND TRUSTEES REPORT Year ended 30 June 2024 'InveslJnent'poll¢y. The 8oard has previously considered the most appropriale policy for investing fijnds was in an interest earning bank account. Vthilst this will continue as a means of meeting liquidity reQui￿rnents in relation to. ￿)nCert and projed promotion, in the light of the overall level of fvnds the Board also intends to explo￿ optlons for the use of additional longer tenn cash based investment Reserves policy The choir requires reseryes to give it the facility lo programme the full range of works in Ihe repertoire. to provide adequate resources to allow for the cancellation of a concert through events outside its control, to provide adequate finance to support the ¢on¢ert planning cyde and to protect it, to some extent. from the unLYrtainties of the maiket place in which the choir operates. The Board's policy historically is to plan for a modest increase in reserves year on year, recognising that there will be occasions when fvnds will be drawn oh to. support work that will not cover costs from box Offi￿ income. The exceptional legacies received coinciding with the thoirfs centenary celebrations has enabled these funds to be used to some extent to finance aclivities that would othepwise have proved to be'too costFy. The Cur￿nt general reseNe of £209.940 {2023.' £236,158) is considered lo b8 adequate, but the Board conlinues to act lo try to minimise any erosion. The designated resep4e 01 £9,340 (2023.. £9,550) represents funds set aside by the Board to support outreach activities, in particular, ways of encouraging young people to. sing, and to develop the skills of members, all.part of ils continuing Voice Factory initiative. The Board revrevis this lund on an anntsal basis to assess its appropriate level and usage. Dlrectors, respon8lbiliiles. The directors (who are also trustees of City of Bimingham Choir for the purposes ol charity law) are responsible 'for preparing the Annual Report and the Financial Statements in aC￿rdanCe with appluble law and Unlled Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting PraCts￿). Company law requires the directors to prepare financial ststements for eath financial year which give a true and fair view of the state of affairs of the charitable company. and of the incoming resources and application of resources, including the income and expenditure. of the chavTtable company for that period. In preparing those finandal statements, the directors are requlred to select suitable a￿A)UntIng policies and then apply them consistently observe the methods and principles in'the Charrties SORP make judgements and estimates that are reasonable and pnjdent prepaie Ihe financial statements on the going concern basis unless it is inappropriate to Presume that the charitable company will continue in business 'stale whether UK accounting standards have been followed, subject to any material departures th'sclosed ' and explained in the financial statements. Page 4

CITY OF BIRldlNGHAM.CH.OIR (A company. limrted.by guarantee) DIRECTORS, AND TRUSTEES REPORT Year. ended.3.0. June.2024 Dir•¢tors' r•¥ponslbllitl•s (¢ontlnued) The directors are responsible for keeping adequat8 8c(xJunling records whrch disclose with reasonable accura¢y at any time the finanaal position of the ¢harilable company and the group and to enable them to ensure that the financial statements comply with the Companies Act 21x16. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and olher irregularities. The directors are ￿sponsIble for the maintenance and integrity of the corporate and financial infomiation induded on the charitable company's web site. Legislation in the United Kingdom goveming the preparation.and. dissemination of the financial statements may differ from legislabon in other jurisdiGtions. Approved by the Board of Trustees and signed on its behalf on 5 Marth 2025. T.Siggin8 Secretary Page 5.

CITr OF BIRMINGHAM CHOIR (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CITY OF BIRMINGHAM CHOIR I report to the charty trustees on my examinatlon of the accounts of the Compary the year ended 30,June 2024. Responsibilitiès and basis of report As the charfy's tmstees of the Company (al￿ also its dire¢tor8 for the wrposes of company law) you are responsible for the preparation ol the ac¢ounts in accordance with the requlrements of the Companies Act 2006 (Ihe 2006 Ad,). Having satisfied myself that the accounts of thè Company are not required to be audited undèr Part 16 of.the 2006 Ad and a￿ eligible for independent examination. I report in respect of my examinats'on of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'Ihe 2011 Act"). In Carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b) of the 2011 Indepèndont examln•rf• •tatemènt I have completed my examination. I confirn ittat no matters have come to my attents'on in connedion with the examination grving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Acl: or the accounts do not accord with those records; or th8 accounts do not comply with the a￿ountIng requlremenls of sectlon 396 of the 2006 Act other than any requirement that the accounts give a Irue and fair viebv. which is not a matter considered as part of an independent examination., or the accounts have nol been prepared in accordan￿ with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chanlies lapplicable lo charities prepanng their accounts in accordance with the Financial Reporting Standard appll¢able in the UK and Republic of Ireland (FRS 102)]. I have no concem$ and have come across no other matters In conneclion wlth the examlnation to whSch attention Should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Sally-Ann Reeves FCCA Association of Chartered Certthed Accountants Broadway Worcestershire 5 March 2025 Page 6

CITY OF BIRMINGHAM CHOIR (A.company. limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditur.e.Account). Year ended 30 June 2024 2024. Total Funds 2023. Total Funds Restricted Funds Unrestricted Funds Designated General Note Incoming resourc Incoming and endowments fr*yn.' Fundraising and Donations Legacies 1,529.. 1,529. 2,058 1,235 13,500 lnvestme.nts Investrnent income- interest Charitable activrties 1.244 57,224 1,244 57,224 570 71,598 Total 62,055 62,055 86,903 Re•ource• •xpend•.d Expenditure on.. Charitable activities 210 88,273 88,483 138,130 Total 210 88,273 88,483 138.130 Nel movement in funds being net in¢omel{expenditure) for the year {210) (26,218) (26,428) (51.22n Reconciliallon of funds Fund balances at the beginning of the year 9,550 236.158 245,708 296,935 Fund b•lancM at.the •nd.of.th• year 9,340 209.940 219,280 245.708 There were no recYJgnised gains or losses for 2024 or 2023 other than those included in the Stalement of Finani?al Activities. All income and expenditure relates'to.continuing oper.ations. The notes on pages 9 to 13 forTn part of these financial statements.

cir< OF BIRMINGHAM CHOIR (A company limited.by guarantee) BALANCE SHEET As at 30 June 2024 Note 2024 2023 Current a•8ets 'Oebtors Cash at bank and in hand 5,807 214.874 5.136 241,425 220.681 .246.561 Credltor8: amounls falling due wlthin one year (1,401) (853) Net eurrent a8•ets 219,280 245,708 Total a88•ts l•M Currnnt Ilablllt108 219,280 245,708 Unrnstricted fund8'. General Oeslgnated .209,940 9,340 238.158 9,550 219,'280 245,708 . Re•trlcted fund• Totsl funds 219,280 245,708 The Directors rA)nsidef thal the charitable company Is entitled to exemption from the requiremenl to have an audit under Ihe provisions of section 477 of the Companies Act 2006 Cthe Act") and members have not. required the tharitable company to obtsin an audit for the year in question in accordance with section 476 of the'Act. . The OirecloTr acknowledge Iheir responsibilities for ensuring that the charitable company keeps accounting records which comply wtth section 386 of the Act and for preparing financial statements which give a true and fair view of the state ol affairs of the charitable company as at 30 June 2024 and of the deficit for the year Ihen ended in accordan￿ with the requirements of sections 394 and 395 of the Act and which compty with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable lo the mpany. The financial statements have been prepared in accordance wllh the special provisions relating to companies subject to the small ￿MpanieS regime within Part 15.of the Companies A¢t'2006. The financial statements were approved by Ihe Board of Management on 5 March 2025 and signed on its behalf by.. A.D.Panno11 'Director T.Sffjgins 'Secretary Page'8 '

CITY OF. BIRMINGHAM.CHOIR {A.company limrted by guarantee) NOTES TO THE FINANCIAL STATEMENTS Year. ended 30.June.2024 Accounting policies 1.1 Balis of proparation The financial statements of the tharitable company, which is a public benefit entity under FRS102, have been prepared in ac￿rdance with Ihe Charities SORP (FRS 102) 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charEties preparing their accounts in accA)rdance v•ith the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),. Finanoal Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republtc of Ireland, ar￿ the Companies Act 2006. Tho.fjna_n¢ial sjaleme.nt have been prepared under the historical cost convention. 1.2 Fund accountln9 Unre8tricted'fuD4o Unrestricted funds represent fvnds that are expendable at Ihe dlscrelion of Ihe Board in the furtherance of the objects of Ihe charilable company. Such lunds may be held in order to finan￿ both working caprtal and capital investment. Designated funds are those funds which are unrestricted in nature but which have been de6MJnaled by the Board to be used in a partlcular manner. 1.3 Incoming resource8 All incoming resources ar8 induded In the Statement of Financial Activities when th8 charitsble company is entitled to the income and the amount can be quantified with reasonable accuracy. The follo¥ving specific policie3 are applied to particular categories of inc¥)me: Voluntary incoffje by way of grants. donations and gifts is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not cfjndilional on the delivery of specific performance by the charttable company, are fecognised when it becomes unconditionally -entltled lo th'e.granl. Donated services and f8ciliti8s are included al the volue to the charitable company where this Can be quantffied. The value of services provided by volunteeTS has not been included in these aco)unts. Incoming resources from grants, where related to perfomianc* and $￿C￿C deliverable8. are accounted for as the charitable company eams the right to consideration by its performan￿. Where income is re(xived in advanrx of perf0rnan￿ it is treated as deferred income and included within creditors. 1.4 Resources expended Expenditure.is recognised on an accnjal basis as a lia￿.I11ty Incurred. Charitable expenditure comprises those costs incurred by the charitable company in the delNery of its actNrties and seniices for its beneficlaries. Govemance costs include those costs associated with meeting the constitutional.and.statutory. requirements of the tharrtable company and indude audil fees and costs linked to the strateglc management of the charrtable company.

CITY OF BIRMINGHAM CHOIR (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS Year ended 30 June 2024 1A 'Re8ource8 expended {continued) All costs are alloc4ted belween the expenditure categories of the Stalement of Financial Activities on 'basis"designed to reflect the use of the resource. Costs relating lo a partiLwlar activity comprise both costs that can. be allocated directly to such ath'vities and those costs of an indirect nature necessary to support them. 1.5 VAT Value added tax is not recoverable by the charitable company. and as such is included in the relevant costs in the Statement ot Financial Activilies and tangible fixed assets 1."6 'Cash at bank and In hand Cash al bank and in hand includes cash and short tem highly liquid investments with short term maturity of three months or less from th? date of acquisition or opening of the deposit or similar account. 1.7 Debtorn and cr•ditorn r•celvablelpayable wlthln one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any bsses arising from impainnent are recognised in expenditure. 1.8 Going Concem The financial statements have been prepared,on a going concern basis as the trustee8 believe that no material uncertainties"exist. The trustees have considered the level of lund5 held and Ihe expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going'concem. Net {outgolngylncomlng resources 2024 2023 T.heSe.8￿ stated after charging the following: Independent Examinefs remuneratron 550 550 Analysis of income 2024 2023 Iheomè froim'charitable activities Ticket sales and fees eamed Membership subs¢riplions Christmas Treats CD Sales Gift'aid'refunds Associates 32.096. 18.976 75 5-,457 620. 49.282 17,262 -4.'0(10 57.224 71.598 Page 10

CITf OF BIRMINGHAM CH.OIR (A company.limited by.. guarantee) NOTES TO THE FINANCIAL STATEMENTS Year ended 30.June.2024. Analysis of expenditure 2024. Total 2023. Total Perfonnan Govemance Expenditure on charitable actNlties= Concert and Voice Factory Projects Costs Marketing Conductors. fees Accompanist fees Rehearsal room Printing and statio￿ery Costumes Music and folde 63,198 63,198 2,468 8,703. 4,179 6,580 285. (135) 1,252 113.531 8.703 4,179 6.580 285. (1351 1,252 8.718. 4,244 6.185 35 215 516 Sypport costs allocated to activities: Insurance Legal and profèssional Mlscellarieou4 283 283 550 1,,120. 269 550 1.,221 550 1.,120. 87,933 550 88,483 138,130 Slaff cost• The charity has no employees for the periods 2024 or 2023 other than Trustees, who did not receive any rernuneration (2023 £NIL). No employee received remunernlion amounting to more than £60,000 in either year. Trustees. remun•railon and benellts Ther8 were no twst8es' remuneration or other beneffts for the year ended 30 June 2024 nor for year ended 30 Jun8 2023. Taxatlon As a charitable company, Cty of Binningham Choir is exempi from tax on income and gains falling within. section 478 of the Taxes Act 2010 or section 256 01 the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its Charitable objects. No tax charges have arisen within the charitable company. a. Qehtors". amount8 due wlthin one year 2024 2023 Grft.aid re_¢lainiabte_ Legacies Debtors control account 855 1,136 5,807 5.136 9 'Creditord: amounts due wlthin ono year. 2024. 2023. Sundry credilo 1,401 853 Page.11.

CITY OF BIRMINGHAM CHOIR (A company limited.by.guarantee) NOTES TO THE FINANCIAL STATEMENTS Year ended 30 June 2024 10 .Restrf¢ted"F￿￿d* The funds of the charitable company include restricted fvnds comprising unexpended balances of donations and gTants, held on trust, to be applied for specffic purposes. as follows.. Balances at t.Juty 2023 Balances at '30'June"2024 Income Expenditure Restricted funds The restrictèd funds were attributable to the Centenary Fund, a fund being aLrumulated to support activitie8 marking the'choirfs 100th annNersary. I'l 'Unrestrlctsd lund8 Balances at l.July 2023 8alances al .30.June'2024 Income Expenditure .General funds 236,158 82,055 88.273 209,940 Designated funds 210 9,340 245,708 62,055 88.483 219,280 The designated fvnd Is used for the"Voice Factory initialive., which ts used to fvnd volce training, and 'workshops and.for other'special projects. 12 ' Analy$l8 of net a88ets between funds. Unreslrrdéd 'Restricted Total Bank deposit acLount 'Olher cash"at'bank and in hand Nel debtors and creditor5 83.950 130,924 83.950 130.924 4,406 219,280 219.280 .Page 12

CITY OF BIRMINGHAM CHOIR (A company lirnrted by guarantee) NOT.ES.TO.THE.FINANCIAL STATEMENTS Year ended 30 June 2024 13. Comparatives for the Ststement of Financial Activities Restrlcted.Funds. The funds of the Charitable company include restricted fvnds comprising unexpended balances of donats'ons and grants. held on trust, to be applied for specific purposes, as follows: Balances al 1 July 2022 Balances al. 30 June 2023 Income Expenditure Restricted funds The restr¢¢ted fund$ are attributable lo the "Voice Factory initialive" which is used lo.fvnd.'voi¢e.tr8ining.and choir workshops, and the Centenary Fund, a fund being acojmulated to support activities marking the thoirfs 100th anniversary. Vnrn¥trt¢to0.fund• Balances at 1 July 2022 Balances al 30 June 2023 Income Expendilure General funds 286,695 86,903 137,440 236,158 Designated funds 10,240 690 9,550 296,935 86,903 138,130 245,708 The desi9nated fund is used for the "Voice Factory Initiative", which is used lo fund voic&.training, 'and workshops and for other special projects. Analysis of net assets between funds Unrestricted Restricted Total Bank d8POSit"account. Olher cash al bank and in hand Net debtors and credrtors ' 82.7.58. 158,&87 4.283 82,7.58 158.667 4.283 245,708 245,708 14 Trustees and Related Parties None of the trustees (or any parties connected wilh them) received any'remuneration.or-reimbursement of. expenses during the year. During the year the thoir received a donation of £1.000 from Dumbreck Charity of which Hugh Carslake was a trustee.