**Charity Number: 1050817** 

## **Mill Hill Music Club** 

**Financial Statements** 

**For the year ended 30 June 2024** 



## **Mill Hill Music Club** 

## **Information** 

## **The name of the Charity is Mill Hill Music Club** 

## **Trustees** 

Trustees at the date this report approved 

Frank Cornofsky (Chairman) Rachelle Goldberg Philip Grenville Levy 

## **Business address** 

Dollis Hendon Wood Lane Mill Hill NW7 4HS 

**Charity Number:** 1050817 **Bankers** CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ 



## **Mill Hill Music Club** 

||**Contents**||
|---|---|---|
|||**Page**|
|Report of the Trustees||1 - 2|
|Income and expenditure account||3|
|Balance sheet||4|
|Notes to the financial statements||5|





## **Mill Hill Music Club** 

## **Report of the Trustees For the year ended 30 June 2024** 

The Trustees present their report along with the financial statements of the charity for the year ended 30 June 2024 

The statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities 205. 

## **Structure, governance and management** 

The charity is an unincorporated association, governed by a constitution originally adopted on 6 November 1994, and subsequently modified and is a registered charity 1050817. The charity was established to promote, improve, develop and maintain public education in and appreciation of the art and science of music in all its aspects by the presentation of public concerts and recitals; and for the general purposes of such charitable bodies or for such other purposes as shall be exclusively charitable as the Trustees may from time to time decide. 

## **Objectives and activities** 

Providing, maintaining and producing music concerts. Mill Hill Music Club raises its funds from the sale of tickets and programmes for music concerts and donations. 

## **Investment and grants policies** 

Mill Hill Music Club has no funds for investment nor is it a grant giving charity. 

**Page 1** 



## **Mill Hill Music Club** 

## **Report of the Trustees For the year ended 30 June 2024** 

## **Trustees' responsibilities in relation to the financial statements** 

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting  Practice. 

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial, statements giving a true and fair view, the trustees should follow best practice and; 

select suitable accounting policies and then apply them consistently 

make judgements and estimates that are reasonable and prudent; and 

state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and 

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

## **Signature and declaration** 

I declare in my capacity of charity trustee 

- the trustees have approved this report and 

- authorised me to sign on their behalf 

**Frank Cornofsky Chairman** date: **24-Mar-25** 

**Page** 

**2** 



## **Mill Hill Music Club** 

## **Income and Expenditure Account** 

## **For the year ended 30 June 2024** 

|||**2024**||**2023**|
|---|---|---|---|---|
||**£**|**£**|**£**|**£**|
|**Income**|||||
|Tickets and subscription less refunds||27,754||19,987|
|Programme Sales||-||1,016|
|Bar Donations||516||255|
|Donations and Cavatina||1,640||1,602|
|Interest received||43||31|
|||--------------||--------------|
|||29,953||22,891|
|**Outgoings**|||||
|Performers Fees|16,162||11,900||
|Gifts for Performers|278||147||
|Performers subsistence|873||684||
|Piano Hire|4,220||3,240||
|Hall Hire|3,308||3,307||
|Bank charges|151||180||
|Insurance|294||244||
|Printing, stationery and postage|1,450||2,347||
|Internet costs|240||531||
|Refreshment costs|182||125||
|Affiliation Fees|100||100||
|Accountant's Review fee|300||-||
|Cleaning  and sundry expenses|150||196||
||------------|27,708|------------|23,001|
|||--------------||--------------|
|**Surplus/(Deficit) for the year**|£|2,245|£|(110)|
||=========||=========||



**Page 3** 



## **Mill Hill Music Club** 

## **Balance Sheet** 

## **as at 30 June 2024** 

|||**2024**|||**2023**|
|---|---|---|---|---|---|
||**£**|**£**||**£**|**£**|
|**Current assets**||||||
|Stock of refreshments and wine|17|||-||
|Prepaid expenses|277|||270||
|Cavatina receiveable|600|||610||
|Cash at bank and in hand|20,384|||19,686||
||---------------|21,278|---------------||20,566|
|**Current liabilities**||||||
|Prepaid subscriptions received|(6,603)|||(8,436)||
|Accruals|(300)|||-||
||---------------|(6,903)|---------------||(8,436)|
||---------------|||---------------||
|**Total assets less current**||||||
|**liabilities**|£|14,375||£|12,130|
||=========|||=========||
|**Capital account**||||||
|Brought forward at the beginning of the financial year||12,130|||12,240|
|Surplus/(Deficit) for the year||2,245|||(110)|
||---------------|||---------------||
||£|14,375||£|12,130|
||=========|||=========||



The notes on page 5 form an integral part of these financial statements 

I approve these financial statements and confirm that I have made available all relevent records and information for their preparation. 

## **F. Cornofsky** 

Dated: **24-Mar-25** 

**Page** 

**4** 



## **Mill Hill Music Club** 

## **Notes to the financial statements For the year ended 30 June 2024** 

## **1. Accounting policies** 

The principal accounting policies are summarised below. 

## **1.1. Basis of accounting** 

The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice'  issued March 2005 (SORP 2005) and the Charities Act 2011. 

## **1.2. Cashflow** 

The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity. 

## **1.3. Incoming resources** 

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: 

Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when receivable. 

The value of services provided by volunteers has not been included. 

## **1.4. Resources expended** 

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

Page 

**5** 



## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the trustees/** Charity Name Mill Hill Music Club **members of** 

**On accounts for the year** 30 June 2024 **Charity no** 1050817 **ended (if any) Set out on pages** 1 to 5 (remember  to include the page numbers of additional sheets) 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 06 /024. 

- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent** I have completed my examination.  I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: 

- ~~accounting records were not kept in accordance with section 130 of the Act or~~ 

- ~~the accounts do not accord with the accounting records~~ 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

* _Please delete the words in the brackets if they do not apply._ 

**Date:** 24[th] March 2025 

**Signed: Name:** Nitin Doshi ~~Ps~~ **Relevant professional** CIMA **qualification(s) or body (if any): Address:** 31,WychWood Avenue Edgware, Middlesex HA8 6TL 

**October 2018** 

1 

**IER** 



**Section B                           Disclosure** 

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

**October 2018** 

2 

**IER**