Charity Number: 1050817
Mill Hill Music Club
Financial Statements
For the year ended 30 June 2025
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 2025
The Trustees present their report along with the financial statements of the charity for the year ended 30 June 2025
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 2025
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
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the trustees have approved this report and
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authorised me to sign on their behalf
Frank Cornofsky Chairman date: 27th March 2026
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2
Mill Hill Music Club
Income and Expenditure Account
For the year ended 30 June 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income | ||||
| Tickets and subscription less refunds | 30,643 | 27,754 | ||
| Programme Sales | - | - | ||
| Bar Donations | 735 | 516 | ||
| Donations and Cavatina | 1,320 | 1,640 | ||
| Interest received | 36 | 43 | ||
| -------------- | -------------- | |||
| 32,734 | 29,953 | |||
| Outgoings | ||||
| Performers Fees | 16,422 | 16,162 | ||
| Gifts for Performers | 224 | 278 | ||
| Performers subsistence | 879 | 873 | ||
| Piano Hire | 5,164 | 4,220 | ||
| Hall Hire | 3,307 | 3,308 | ||
| Bank charges | 297 | 151 | ||
| Insurance | 282 | 294 | ||
| Printing, stationery and postage | 1,604 | 1,450 | ||
| Internet costs | 1,400 | 240 | ||
| Refreshment costs | 210 | 182 | ||
| Affiliation Fees | - | 100 | ||
| Accountant's Review fee | 300 | 300 | ||
| Cleaning and sundry expenses | 190 | 150 | ||
| ------------ | 30,279 | ------------ | 27,708 | |
| -------------- | -------------- | |||
| Net Surplus for the year | £ | 2,455 | £ | 2,245 |
| ========= | ========= |
Page 3
Mill Hill Music Club
Balance Sheet
as at 30 June 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Current assets | |||||
| Stock of refreshments and wine | - | 17 | |||
| Prepaid expenses | - | 277 | |||
| Cavatina receiveable | - | 600 | |||
| Cash at bank and in hand | 26,141 | 20,384 | |||
| --------------- | 26,141 | --------------- | 21,278 | ||
| Current liabilities | |||||
| Prepaid subscriptions received | (9,011) | (6,603) | |||
| Accruals | (300) | (300) | |||
| --------------- | (9,311) | --------------- | (6,903) | ||
| --------------- | --------------- | ||||
| Total assets less current | |||||
| liabilities | £ | 16,830 | £ | 14,375 | |
| ========= | ========= | ||||
| Capital account | |||||
| Brought forward at the beginning of the financial year | 14,375 | 12,130 | |||
| Net Surplus for the year | 2,455 | 2,245 | |||
| --------------- | --------------- | ||||
| £ | 16,830 | £ | 14,375 | ||
| ========= | ========= |
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: 27th March 2026
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4
Mill Hill Music Club
Notes to the financial statements For the year ended 30 June 2025
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.
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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 2025 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 DD / MM / YYYY .
- 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:
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~~accounting records were not kept in accordance with section 130 of the Act or~~
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~~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: 31[st] March 2026 Signed: ~~oe~~ Name: Nitin Doshi ~~CP~~ Relevant professional CIMA qualification(s) or body (if any): Address: 31, Wychwood Avenue Edgware, Middlesex HA8 6TL
1
October 2018
IER