## **Royston Choral Society**
## **Financial Accounts**
## **for the year ended 31st July 2024**
## **Registered Charity Number 1090459**
## Royston Choral Society Financial Statements for the year ended 31st July 2024 Trustees' Report
## **Committee Members**
Huw Jenkins Chair Jenny Leitch Tessa Rock Caroline Franks Treasurer Heather Howard Carole Kaszak Andrew O'Brien Musical Director Penny Morgan Sue Pegram Secretary Fay Skinner **Part Representatives** Brigid Hickey Soprano rep Chris Lee Tenor rep Sue Pegram Alto rep Anthony Pigg Bass rep **Address** c/o Mrs A C Franks 74 High Street, Standon, Herts SG11 1LB **Bankers** Lloyds Bank plc **Independent Examiner** Tom Furnival
## **Accounting Policies**
The accounts are prepared on a receipts and payments basis with a statement of assets and liabilities.
The charity maintains a general unrestricted fund representing unrestricted income that is expendable, at the discretion of the committee, in the furtherance of the objects of the charity. Reserves are held against losses incurred from time to time in performing large scale concerts.
## **Governing Document and appointment of Trustees**
The charity is governed by constitution. Trustees are elected by members at the Annual General Meeting.
## **Objects and achievements**
The object of the charity is to promote public education in and appreciation of choral music by the presentation of public choral concerts and associated events.
This year, we welcomed a new Assistant Director of Music, Jonathan Lilley, who joined us during the spring term. We celebrated Michael's time with us and said goodbye at a choir meal in January.
We performed four concerts in the year, all in St John's. In November, we sang Bach's B Minor Mass. Our Christmas concert was well received and in March we performed Verdi's Requiem.
In June, we sang Vivaldi's Gloria along with two pieces by Finzi, Lo, the Full and Final Sacrifice and God is Gone Up, Purcell's Rejoice in the Lord and some shorter pieces by Mozart, Mendelssohn, Brahms and Faure. Members of the choir sang all the solo parts, and we were accompanied by a string quartert. We were delighted that both our November and March concerts were sold out.
Our membership has remained strong, and we ended the year with 86 singers on our books.
The Hundred Club was well supported, though there is space for more members, and ten monthly draws were made for prizes of £25 and £10.
Our sustained higher membership has meant that our rehearsal account has ended the year in surplus aga which helps fund our concerts. Substantial grants received have contributed to the financial success of the season and we are reporting a modest deficit on our concert account, considering the ambition of our programme.
Our fixed costs are predominantly our Making Music membership and insurance, and rental of storage space for our staging.
Our accounts are prepared on a receipts and payments basis. This means that some of the income relating to last financial year (often the gift aid tax reclaim) appears in this year's accounts, and when we buy music for our library, that cost is written off completely in the year of purchase, rather than over several years.
The amounts due at the end of the financial year are shown on the statement of assets and liabilities. In the year to 31st July 2024, the accounts show that we received £4,503 more than we spent.
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## Royston Choral Society Financial Statements for the year ended 31st July 2024 Trustees' Report
Our financial position at the end of the year is sound. At 31st July, our reserves, represented by our bank account balances, totalled £33,702.
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Royston Choral Society Financial Statements for the year ended 31st July 2024 Trustees' Report
in,
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## Royston Choral Society Receipts and Payments Account for the year ended 31st July 2024
|Note
**INCOMING RESOURCES**
Subscriptions received
Donations received
Gift Aid tax - previous year
Gift Aid tax - current year
Income from concerts
1
Income from activities for generating funds
2
Music sold to members
2
Bank Interest
**Total incoming resources**
**RESOURCES EXPENDED**
Rehearsal costs
Concert costs
1
Music purchased
Costs of fundraising activities
2
Management and administrative costs
Grant to Royston Parish Church
Purchase of chairs & podium
**Total resources expended**
**NET INCOMING / (OUTGOING) RESOURCES FOR THE YEAR**
**Funds brought forward**
3
**FUNDS CARRIED FORWARD**|Total
2024
£
14,159
623
1,017
1,260
15,365
946
1,122
424
34,916
9,307
17,856
1,157
370
682
1,041
30,413
4,503
29,199
33,702|Total
2023
£
12,050
251
744
12,801
918
768
128|
|---|---|---|
|||27,660|
|||6,991
11,094
747
369
344
1,000|
|||20,545|
|||7,114
22,085|
|||29,199|
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## Royston Choral Society Statement of Assets and Liabilities as at 31st July 2024
|**Note**
**Bank Balances and Cash**
Cash at bank - unrestricted
**Other Assets**
Staging & chairs at cost 2006 & 2024
Estimated valuation
Music library at cost
Estimated valuation (depreciated at 10% pa)
Gift Aid tax to be claimed
**Other Liabilities**
Subs received for next season
Performing Rights payments due on season's concerts|**2024**
33,702
6,029
3,000
6,140
1,486
4,486
120
120|**2023**
29,199|
|---|---|---|
|||4,988
2,000
6,050
1,562
1,017|
|||4,579|
|||250
190|
|||440|
These accounts were approved by the Royston Choral Society committee on 06.08 2024 and signed on its behalf.
Mr Huw Jenkins (Chair)
Mrs Caroline Franks (Treasurer)
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## Royston Choral Society Notes to the Accounts for the year ended 31st July 2023
|1**Concert Account**
**November**
Tickets
3,273
Bar
441
Programme advertising
Sponsorship & grants
3,714
Musicians & expenses
5,528
Venue
250
Publicity, tickets, progs
247
Bar
252
PRS for 2022-2023
6,277
Surplus/(deficit)
(2,563)
2**Activities for generating funds**
Hundred Club
Hire of Music|**December**
1,938
115
2,053
650
368
227
115
1,360
693
**Income**
820
126
946|**March**
4,423
550
1,750
6,723
7,455
369
241
148
8,213
(1,490)
**Costs**
360
10
370|**June**
2,448
427
2,875
1,320
250
216
114
1,900
975
**Net**
460
116
576|**2024**
**Total**
12,082
1,533
0
1,750
15,365
14,953
1,237
931
629
106
17,856
(2,491)|**2023**
8,201
1,225
345
3,030|
|---|---|---|---|---|---|
||||||12,801|
||||||8,421
975
1,078
565
55|
||||||11,094|
||||||1,707|
||||||490
59|
||||||549|
Sale of music to members is shown separately in the receipts and payments account. Cost of music sold is included in music purchased. In 2023-24, the society raised £125 (2023 £132) by selling music to members at RRP and obtaining bulk buying discounts from suppliers. In addition, we bought music consting £70 to be sold to members next season. We also spent £90 on music for our own library (2023 £112).
## **3 Information regarding Employees and Committee Members**
There were no employees in the year.
Andrew O'Brien, as Musical Director, received payments during the year totalling £5,375. Other trustees were reimbursed for expenses at cost.
## **4 Related Parties**
There were no related parties during the year.
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