London
Men's
Chorus
LGMC Trustees, Annual Report 2024
London Gay Men's Chorus
(A Charitable Incorporated Organisation)
Report and Financial Statements
Year ended 31 December 2024
Charity No. 1092827

Table of Contents
1. Introduction & Year in Review
2. 2024 Board of Trustees
a. Name
b. Chanty Registration Number
c. Registered Off ice
d. Independent Examiner
e. Board
3. Who Are We?
a. Our Vision, Mission & Values
b. Implications for our Charitable Objects
4. Artistic Director's Report
5. Audience and Stakeholder Impact
6. Our Members
7. Development (Fundraising, Partnershlps & Alumni Engagement)
8. Equity, Diversity & Inclusion
9. Our Employees & Freelance Consultants
10. Structure, Govemance and Management
Governing Document (Constitution)
b. Organisation
c. Responsibilities of the Trustees
11. Our Finances
10
11
13
13
14
14
14
15
16

1. Introduction & Year in Review
As wé near our 40th anniversary in 2031, it's a perfect time to reflect on our journey.
We will look at how we have grown organically, driven by our members, talents,
goodwill, and financial contributions, along with countless volunteer hours dedicated
to singing, entertaining, and managing our wonderful group. Vve are sincerely
thankful for the tima spent singing and for those who are committed to planning and
organising, A strong foundation has been established and is continually bolstered by
our current efforts. We aim to broaden our singing. perfonnance, and volunteer
opportunities to enhance the experiences we provide for our members. Through this,
we nurture the Chorus family experience, offering love and support in a safe space
while delivering tha exciting experiences we aim to offer for LGBTQ+ individuals and
their allies.
Recenlly, we've been examining our identity, goals; and the path we wish to chart for
our chorus. Developing our strategic action plan has been an exhilarating
experiencel While navigating change to find a new direction can be difficult, it also
provides a fantastic chance to engage and collaborate as we forge this path together.
Becoming a Charitable Incorporated Organisation (CIO) represents an exciting
milestone, guiding us toward a brighter, more strearnlined future. Our diverse
Trustees each bring unique skills to help shape our Chorus. Together, we are actively
working to enhance our efficiency and effectiveness as we eagerly approach our 40th
anniversary.
We are thrilled to explore new opportunities and 188rn through various approaches
together. Vvhile we know we won't always achieve perfection, our aim is to cultivate
an environment that encourages experimentation, the embrace of new ideas, and
enjoyment of our strengths. To foster our development, we will set and evaluate our
outcomes to recognise what works well and to Justify the funding we receive.
Everyone has contributed significantly to the changes proposed by our members,
and we are diligently tracking our progress as we work towards our goals. In 2024,
we h£ve successfully delivered a record number of shows and performances, and.
thanks to everyone's commitment, we have adhered to our budget forecast. We can
all take pride in this notable accomplishment, alongside our incredible music team.
Chris Pethers, Laurie Denman-Puller, and Tris Davies, all guided by Simon Sharp,
with outstanding support from Mary Owen in operations and production.
Change can be exhilarating, even when stepping Into the unknown is iniimidating.
Our strength emerges from our diversity, as we embrace and celebrate our unique
differences, building an expanding community of singers. We have achieved this
exciting milestone through thoughtful reviews and open discussions within our
organisation, and we remain committed to our collective growth and development.
Although there is still much work to do with our new status, as we take time to assess
and update all our guidelines. policies, and procedures, we are inspired by what the
future holds. A critical part of this journey will involve defining our renewed charitable
objectives in 2025, and we eagerly anticipate where it will lead us!
We are excited to emphasise one of our key strengths.. volunteering. To express our
gratitude to our amazing volunteers, we have developed a Volunteering Pathway.
This resource will clarify the various roles available, along with their corresponding
terms and time commitments. We aim to ensure that everyone has equal

opportunities through a fair recruitment and support programme overseen by our
Volunteer Coordinator and committed team members, all collaborating under the
People Committee. We are dedicated to making volunteering an inclusive
experience, recognising and rewarding our volunteers in meaningful ways to ensure
each person feels valued and acknowledged. Whether individuals choose a
time-limited or ongoing role, we commit to reviewing these positions every two years.
During this process, every volunteer will have a straightfoNard opportunity to share
their thoughts and confirm their satisfaction and fulfilment in their contributions to the
Chorus,
In support of our objectives, we are thoroughly examining our financial policies and
procedures. Additionally, we are introducing an enhan￿d budgeting process to gain
clearer understanding of our funding requirements for the upcoming year. During
our final quarterly Board meeting each year, the FinancÉ Committee will present the
annual budget for approval, enabling us to confidently commence the new financial
year. Each project and activity will have a clearly defined budget, along with a
designated individual responsible for ensuring everything operates smoothly and
aligns with our goals and outcomes.
The last piece in strengthening our foundations is communication. We are
establishing a Communications Committee that will report directly to Ihe Board. A
thorough assessment of our communication requirements, along with our current
platforms and practices, will be conducted to develop an approach that meets our
internal and extemal communication needs more effectively. Furthemore, we plan to
grow this team to improve and refine our communications.
Looking ahead to 2025, we have engaged Jamie Munn, a self-employed consultant
as our inaugural Development and Fundraising Manager. Jamie is responsible for
fundraising and securing pledges for 2025 to address the funding gap between our
income and expenditure, which will enable us to develop new pro}ects and activities.
Significantly, we are planning to bring on board a Chief Executive Officer to oversee
all operational activiti8s and report to the Board. The Chair has undertaken these
responsibilities as Executive Chair, but this arrangement has always been intended
as temporary.
2024 was a year of consolidation and change, allowing the chorus to be more nimble
and prepared to respond to new ideas and performance opportunities. aim to
expand our member base by increasing partlcipation opportunities, empowering
members to choose and Greate their own LGMC Chorus experience, offering options
that better suit their lives, work-life balance, and commitments. This approach aligns
more closely with their motivations for being part of the chorus family We plan to
remain flexible and considerate as we expand and develop these singing and
volunteering options and opportunities.
In March, we received the sad news of Ray (Raymond) Frost's passing. Ray, a
founding and honorary life member, was an integral part of our original group, singing
with us regularly. His mischievous sens& of fun and warm friendship is greatly
missed. We expressed our condolences to his partner, Cesar. and the Chair
delivered a eulogy at his funeral, accompanied by the chorus's performance.
The LGMC is more than just a musical group,. it fosters a sense of belonging. We
create an environment where individuals can express themselves, arnplify their

voices, and be part of something meaningful. Our performances, events, and
outreach initiatives reflect this mission, showcasing uplrfting and iconic songs thal
resonate with joy and pride, sung in unison. We remain committed to connecting
communities through music and, with your support, evolving into a vibrant and
powerful advocale for inclusion, hope, and harmony.
Martin Brophy MBE,
Chair of the Board of Trustees.
2. 2024 Board of Trustees
Position
Trustee
Mr Martin G. Brophy MBE
Date of Appointmeiit l Retiremenl
Appointed 17 June 2021 (Trusteel
Appolnied 28 November 2022 (Chair)
Appointed 17 July 2021 (Trustee>
Appointed 8 February 2024 {Vice-Chair)
Appointed 24 April 2023 {Secretary &
Trustee
Appointed 27 June 2022 {Treasurer &
Trustee)
Retlred 16 September 2024
Appointed 4 September 2023 (Trustee)
Appointed 13 October 20241Treasurer)
Appointed 24 April 2023 {Head of
Membership & Trustee)
Retired 17 June 2024
Chair
Vice-chair
Ms Sylvie Pierce MBE
Secretary
Mr Cameron J. McLeod
Treasurer
Mr Edo Avraham
Mr David M. Weitzmann
Head of
Membership
Mr Trevor l. Clarke
Trustee5
Ms Nicola S. Berrv
Mr Nikhilesh B. Dasgupta
Mr Alexanderj. P. Dixon
Ms Caroline Fry
Mrjeremy Haneman
Mr Jonathan M. Howard
Mr Mdrlin P. Kaufman
Mr Sami H. Qasem
Appointed l July 2024
Appointed 16 September 2024
Appointed 24 April 2023
Appointed I September 2024
Appointed l July 2024
Appointed I September 2024
Appointed 7 February 2022
Appointed l July 2024
a. Name
London Gay Men's Chorus
b. Charity Registration Number
1092827
c. Registered Office

124 City Road, London, EC1V 2NX
d. Independent Examiner
Powdin & Co Limited, Hampshire House, 204 Holly Road, Aldershot, Hampshire,
GU12 4SE
e. Board
The CIO was managed by a Board consisting of elected and appointed truste8S
listed as above. This Report and Financial Statements were approved by the current
Trustees on 14th May 2025 and signed on behalf of the CIO by.
Martin Brophy, MBE
Chair of Board of Trustees

3. Who Are We?
The London Gay Men's Chorus (LGMC) began life in December 1991 as an informal
supportive social group to sing for pleasure and has evolved into an intemationally
recognised, high quality, inspirational part of the LGBTQ+ global choral family, with
300 plus members.
a. Our Vlsion, Misslon & Values
After a significant period of consultation with members, volunteers and allies during
2023, the Board agreed a refreshed Vision, Mission and set of Values for the Chorus
in January 2024:
Our Vlsion (the change we want to see in the world).. Everyone Brought Together
Through Song.
Our Mlssion (what we do to achieve our vision): Create, enable and connect
confident voices across communities with fun, hope, love, joy and fearless allyship.
Our Values <the ingredients that create our culture): All-in, Community, Harmony,
and Transformation.
Each of these speaks to many of the things we ar￿adY do - as well as provide
positive reinforcement for things we have in our planning Significantly, during 2024
we took bold steps to simplify our structure and the way we work (see Section 10>
and we appointed five new Trustees from outside the Chorus to bring fresh
perspectives and experience to the Board.
At the same time, our new Vision, Mission and Values have forced us to face some
home truths about areas where we are falling short and need to do better. The Board
has again engaged people make it work (an extemal agency working in the cultural
space} to collaborate with us to build our change programme focusing on four key
areas of Chorus culture belonging, inclusion, quality and simplicity. This will be a
multi-year programme, but the Board has committed to taking tangible steps that will
positively impact Our members and other stakeholders in 2025, including (a) refining
how we recruit, manage and thank our volunteers, and (b) developing and
implementirKJ an integrated communications and marketing strategy.
b. Implications for our Charitable Objects
All decisions of the Board of Trustees are taken in accordance with our Charitabl8
Objects and from 2024 onwards our new Vision, Mission and Values. We review
what we have achieved and the outcomes of our work over the calendar year, the
success of each key activity and the benefits that these activities have brought to the
public. Following the adoption of our new Vision, Mission and Values, the Board
intends to review and, following consultation with members, propose an update of our
Charitable Objects to the Charity Commission for approval,

4. Artistic Director's Report
2024 was one of the busi8sI years with many creative and commercial highlights. It
was a year that saw the LGMC deliver some excellent artistic and creative concepts,
build and develop partnerships with new collaborators and present original and
engaging programmes that challenged, entertained and inspired both our
membership and our audienc8. The original concepts that provided the creative
backbone for our programming were Queer Carnival at Alexandra Palace and
Christmas Bop at Queen Elizabeth Hall. In addition to our much celebrated return to
the Southbank Centre we also developed our partnership with St Martin-in-the-Fields
and compl8ted an epic year with our good friend Sandi Toksvig and the BBC Concert
Orchestra at the Royal Albert Hall.
The creative arc of the year was wonderfully varied with each production giving rise
to elements that showcased the Chorus in many different ways, musically and
artistically. Queer Carnival (Summer) was an 8clectic contemporary global
celebration of diverse LGBT+ culture hosted by drag trio - Rita Zeta Jones, The Tiny
Gentleman and Beary Poppins, including a fabulous collaboration with the Brazilian
Samba band - BATALA. Christmas Bop (Winter) provided a retrospectlve look ai
Christmas through the prism of the 1950's and 1960's Dance Hall with quirky and
inventive arrangements providing a feel-good trip down memory lane hosted by the
wonderful Rachel Wooding.
These productions were the creative backbone of 2024 involving many newly
commissioned vocal arrangements, many of which continue to populate our other
outreach and community perfomiances and commercial engagements for both the
main chorus and ensemble. Each production was designed to give enhanced
membership development opportunities in the form of small vocal ensembles,
auditioned solos, performance groups and dancers all helping to create a more
engaging presentation for our audiences and showcasing the huge range of talent
wilhin the Chorus.
We expanded the Ensemble in 2024 to provide more opportunities for members from
across the wider Chorus to participate. lthile the new larger group often continues to
perform together - particularly at corporate and charity events - we also created two
strands within the group to facililate focus on particular performance styles and music
genres. In what has now become an annual tradition, the Ensemble also presenied a
new edition of CabaGay - this time at the Union Theatre.
There were many other notable events in 2024. too numerous to mention here, but
the following highlights give a flavour of the breadth of work, creativity and
partnerships that was made possible by a strong core programme with an
impressively committed membership:
HMP Tharneside - an outreach event for LGBT inmates
Isaac Dunbar recordlng - a collaboration with this rising American artist
London Stock Exchange - closing trading in celebration of Pride
Royal Trinity Hospice - a special performance for carers, staff and patients
Partnèrships with Anya Hindmarch, Laura Devine, West London Synagogue, Chesil
Rocks. Wilton's Music H811, Liberty London and Charlotte Tilbury (to name 8 few)
continue to flourish. Support for charities such as The Bisi Alimi Foundation,

Stonewall Housing, Look Good Feel Better and the Kaleidoscope Trust among
olhers, continues to be central to our work.
l am very pleased to enjoy the continued support of assistant musical director Chris
Pethers, accompanists Laurie Denman and Tris Davies, along with our wider pool of
freelance musicians including Richard Baker, Sean Green and Julian Muhr. Huge
thanks to Carrie Burnharn for her significant contribution and support and we wish
her well in her new role as a producer at The Rosé Theatre, Kingston. I was
delighted to welcome Mary Owen as our new Operations and Production Manager
who is already providing excellent support and production management. As our
profile continues to grow, there are many more opportunities for us to pursue - and
this enhanced team is essential in realising our ambition.
5. Audience and Stakeholder Impact
2024 was another extraordinary year for the London Gay Men's Chorus, filled with
powerful performances, sold-out shows, and artist collaborations that amplified our
voice in the LGBTQ+ community and beyond. From electrifying Pride celebrations to
festive spectacles, we continued to bring Joy through song, and advocate through the
unifying power of music.
This year, the Chorus delivered unforgettable moments across London and beyond,
performing to more than 5,000 people at our headline shows, including Queer
Garnival at the iconic Alexandra Palace, CabaGay at Union Theatre and Party with
Pride at St Martin in the Fields. We ended the year with our big festive finales,
performing to sold-out audiences at the Southbank Centre (Christmas Bop) and a
return lo Sl Martin-in-the-Fields.
We embraced our rallying call of spreading joy Ihrough music, performing lo 20,000+
runners 8t the London Landmarks Half Marathon with our signature blend of
motivation and melody. We helped to spread seasonal cheer to thousands at the
Regent Street Christmas Light Switch-on and performed alongside Carrie Hope
Fletcher and the BBC Concert Orchestra at the Royal Albert Hall for Sandi Glaus is
Coming to Town,
In total, members of the Chorus delivered 67 performances to well over 30,000
people, bringing to life our new vision of Everyone Brought Together By Song.
Performances 2024
20
15
10
Main 11 Other • Ensemble

Increasing our reach through social media will be a priority for next year, however,
this year saw our Instagram followers increase by 20 % to 5,872, Facebook to 14,500
and X (formally Twitter) to 15,300 followers.
Press coverage highlighted some of our sold-out shows, with the Gay Times calling
the Christmas Bop 'a must-see festive event,. There was also extensive coverage of
our 'American High, collaboration with pop sensation Isaac Dunbar, which debuted at
London Pride.
6. Our Members
The Chorus thrives on the extraordinary time commitment of its members.
Participation in all major perfomances represents over 224 hours of rehearsal and
performance. Optional events added another 245 hours, and Ensemble members
dedicated an additional 268 hours. This remarkable investment of time, which is 20 %
higher than the previous year, is further augmented by member subscriplions and
extensive volunteer work.
The Board would like to thank all members for their continued support and
commitment to the Chorus, especially those who have taken on additional volunteer
duties and tasks across the organisation.
At the September General Meeting, the Board was pleased to award Paul Hawley
honorary lifetime membership in recognition of his over three decades of service and
invaluable dedication to Chorus.
Length of Membership
5-10
10-15
15-a)
20-26
25+
25
50
75
100
Member (count)
Prospective singers are assessed, waitlisted, and admitted seasonally. Member
numbers vary. The Chorus has four vocal sections (Tenor 1, Tenor 2, Baritone, Bass),
a non-singing Semitones section, and an Ensemble. Semitona membership is open
to all. 49 singers Joined in January,. 40 remained at the end of the year. Non-singing
intake was ongoing. Twelve members transferred sections,
10

Singing
Members
Non-Sin8ln8
Members
Members
Membershlp at start of the year
266
198
68
New Members
51
49
Transferred
12
+21-11
+11/.2
Members who left
41
20
20
Membershlp at end of the year
276
218
59
Total Membershlp
318
249
81
Each section and the Ensemble elect representatives, who with the Membership
Lead and volunteers, form the Membership Committee. The monthly Membership
Committe8 oversees member welfare and administralion, including social events,
tours, feedback, subscriptions, and bursaries. In September the Committee was
joined by a Trustee sponsor and two new Deputy Membership Leads.
The Chorus supports and encourages members to run independent peer support
groups. V*le currently have four such groups:
LGMC+
LGMCa
for HIV+ member5 to connect
confidentlally and offer mutual support
LGMC•r• (Infinity)
for neurodivergent membèrs, and those
who think they may be neurodivergent
for members who are or have struggled
with addiction of any kind
LGMC Soloists
for members experiencing loneliness to
make connections and build friendships
7. Development (Fundraising, Partnerships & Alumni
Engagement)
2024 saw the long-awaited start to creating a strategic and sustainable fundraising
programme for the LGMC. In April, the Board approved Terms of Reference for a
new Development Committee, tasked with coordinating fundraising and alumni
relations for the Chorus. It has met around every six weeks since May 2024 and
comprises seven Chorus members and one alumnus.
In October 2024, the committee organised an Away Day in order to map out its own
priorities in terms of long- and short-term funding. It took on Its own commitment to
11

raise fund5 in coordinalion with an incoming Developmenl & Fundraising Manager,
as it realised its own responsibility to support the Chorus's future financial
sustainability and to lead by example. Ideas discussed included the development of a
legacy programme, the feasibility of core funding, raising funds for Chorus tours to
maximise access, addressing the challenges of fundraising around concerts, looking
at enhancing accessibility as a fundraising priority, and reviewing Ihe messaging
towards and profiling of prospective donors necessary for effective fundraising. It was
agreed that all these ideas would be further developed In 2025 once the new
Development & Fundraising Manager commenced, and in close coordination with an
overarching strategic action plan which the Board planned In the coming year. All this
work builds upon the generosity of those Chorus members who make regular
donations to us in addition to their subscription donations. We are very grateful for
their support.
On receipt of the long anticipated bequest from Chorus alumnus the late John Holt in
early 2024 (which was published in our Queer Carnival prograrnme as a way to
encourage future legacies>, the Board took the decision to fund the first year of the
Development & Fundraising Manager from those funds. This was on the
understanding that it would be unrealistic to expeci sufficient cash to be generated
without that support in 2025, and that the new recruit would have a fundraising target
to cover at least raising their own costs in a combination of cash and committed
pledges in the first year.
In September 2024, we started the process of recruitment for this new role and in
December, we were delighted to appoint Jamie Munn, an experienced cultural and
music fundraiser. We look forward to long-awaited progress on this front in 2025.
Our Summer and Winter concerts are currently the principal ways in which the
Chorus shows the outside world who we are and what we do. The receptions for our
Chorus guests at concerts are therefore an important way in which we Ggn welcome
new friends and thank existing ones, opening the doors lo new supporters, new
music partnerships and new charity and choir relationships.
As an example of the ways we have engaged with our friends, our charity partner for
our Queer Carnival concert in Summer 2024, the Kaleidoscope Trust, invited our
Artistic Director and D&velopment Committee Chair to a reception at the Foreign and
Commonwealth Office which was an eye-opener in terms of how an LGBTQ+ charity
can present itself to the wider world. Other important engagements linking the
Chorus to potential supporters came through the LGMC Ensemble's programme,
including a generously funded event for Microsoft. Development Committee member
Kitson Price Lim created two important entry points into City of London banks and
finance firms who Support LGBTQ rights. In Ihe Summer, members of the
Development Committee were actively involved in Chorus events including Lambeth
Pride, Nordic Pride at the Royal Danish Embassy, and an exceptional Pride event at
the London Stock Exchange. With a Development & Fundraising Manager onboard in
2025, we expect the impactful engagement of the Chorus at such events to increase.
In 2024, we further continued the more structured approach with our supporters we
had started to develop at our concerts in 2023. At Alexandra Palace for 'Queer
Carnival,, we included a speech by our Chair at both intervals, and we were delighted
to recruit several alumni as Guest Greeters, ensuring a special welcome at the door
for our guests. We held receptions in the Gracie Fields Room alongside our partner
32

charity the Kaleidoscope Trust, and in the foyer at the Southbank Centre for our
'Christmas Bop, concert. As previously, these events allowed our guests to get to
know trustees, music team and guest performers after seeing the Chorus perform in
the first half of both concerts. We continue to be thankful to all who volunteer as part
of our Front of House teams and the role they play in engaging with and raising
donations from audience members and for our concert partner charities.
Each concert welcomed around 50 guests. Existing and new Chorus friends and
celebrity guests included". singer-songwriter Nerina Pallot, Rachel Wooding (star of
'Standing at the Sky's Edge, and our Christmas soloist), Adele Anderson from
Fascinating Aida, the wife of the Irish Ambassador Deirdre Fraser, Leslie Richards
from Laura Devine Immigration for whose practice the Ensemble sang at their
Christmas party (and through whom in 2023 we were introduced to Neil Barclay of
HMP Thameside for whom the Chorus performed at his prison in Spring 2024) We
were particularly pleased to invite once again Rosaleen Hubbard of Towerhouse LLP
(with thanks to Bass Section Representativè Rob Wells) who once more made a
generous unrestricted donation to the Chorus. We were especially pleased to
welcome Gay Liberation Front veteran Cloud Downey, who organised th8 very first
public performan￿ of Ihe Chorus at Finsbury Library in the early 1990s.
2024 closed with enormous anticipation around what 2025 would bring in terms of a
professional fundraiser alongside an increasingly active Development Committee,
fully supported by the Board. 'Watch this space, is our motto for next year!
8. Equity, Diversity & Inclusion
The Equity. Diversity and Inclusion policy has been endorsed by the Board during the
year and is now included in the welcome pack for members and every report has a
Section looking at the potential impact on the EDI policy.
Feedback from Chorus members suggest that the LGMC has become a more
comfortable place for members with disabilities, with greater sensitivity shown
towards them., and there is a noticeable increase in the number of men of colour who
are now part of the Chorus.
Next steps will potentially include a working group looking specifically at this area;
new partnerships designed to enhance the diversity of experience and music.
The Vision, Mission and Values work has also Overlapped with the this area of work
and in the near future it is hoped to produ￿ a comprehensive strategy covering all
aspects of the Chorus, including the Equity, Diversity and Inclusion policy, which in
turn will inform the charitable objectives and therefore the key areas of development
for Ihe future.
9. Our Employees & Freelance Consultsnts
The Chorus employs both the Artistic Director and Operations & Production Managar.
A range of other freglance consultants are engaged by the Chorus to support the
delivery of our artistic slrategy. During 2024, the People Committee developed and
released 'Working with the LGMC. . a handbook for both employees and consultants
13

covering their entitlements and how policies apply to them. We also undertook
performance and development reviews with both staff and consultants.
10. Structure, Governance and Management
a. Governing Document (Constitution)
During 2024, the LGMC became a Charitable Incorporated Organisation (CIO).
Previously the LGMC was a charitable company limited by guarantee, incorporated
on 8 March 2002 and registered as a charity on 5 July 2002.
Our Articles of Association had their most recent update following the passing of a
special resolution by the members in June 2022, following a significant restructuring
in 2020 when the old Steering Committee" was replaced by a strategy-focused
Board composed of member-elected and external Trustees. An operation5-focused
Executive Committee (Exco), composed of member-elected Leads was also
developed.
Since the changes made in 2020 & 2022, the Board, staff, Exco members and other
volunteers felt that too much of our organisation structure was unnecessarily written
into our Articles of Association, reducing our ability to be agile, flexible and try new
ways of working The Roles, Responsibilities & Authority Working Group's output
approved in May 2024 also informed our approach to updating the governance of the
Chorus.
Following the launch of our new Vision, Mission and Values, the Board adopted a
principle of simplification and this infomed the recommendation of the Governance
Working Group to adopt the Charity Commission's model CIO constitution as the
best route for us to take. It would provide a modern, fil-for-purpose constitution which
many charities had already adopted. A small number of LGMC-specific changes
were made (e. g. number of trustees, whal constitutes a quorum, members with debts
to the Chorus noi being permitted to vote etc.), and where these didn't limit the
Board's abilily to adapt quickly, they were included.
The draft constitution was approved by the Board on 8 May 2024 and was put to a
General Meeting of members on 17 June 2024 where it was agreed to (a) convert to
CIO and (b) adopt the n&w constitution. Members also aulhorised the Board to
agree to any changes as may be required by the Charity Commission to register as a
CIO. Two minor amendments were requested by the Charity Commission and these
were approved by the Board on 19 August 2024. Our application to become a CIO
was approved by the Charity Commission on 28 Augusl 2024 and we ceased being a
charitable company limited by guarantee.
b. Organisation
Following our conversion to a CIO and the adoption of our new constitution: there is
provision for a Board of up to thirteen Trustees, comprising the Chair of Trustees,
further six Trustees elected from amongst the mernbership of the CIO, and six
non-member Trustees recruited and appointed by the 8oard. In line with Board
Election and Recruitment Policy. approved by the Board in August 2024, Currently the
14

Chair of Trustees musl b8 a membar of the CIO and is elected by the m8mbers.
Trustees are elected or appointed for three-year terms of office and may only serve
for two full terns. Office-bearer roles (Vice Chair, Secretary & Treasurer) are elected
by the Board from among their number. This now means that office-bearers may be
either member- or external-trustees.
As foresha(lowed in our 2023 Annual Report, organisational initiatives over 2024
were focused on planning for and implementing the following..
1. Creating an organisation structure which allows the Board to focu5 on
strategy, while delegating responsibility for operations to empowered
individuals or committees with suitable oversight
2. Retiring the Executive Committee, and replacing it with a series of Board
Committees each focusing on a particular portfolio
3. Ensuring that role overlaps are minimised, and where overlaps do exist,
creating opportunities for collaboration between skilled and passionate
individuals
4. Moving away from many volunteer roles being elected. while securing the
member's influence on the organisation through Board elections and other
engagement activities
5. Creating a nèw projects structur& (sitting alongside committees), with
time-bound remits to deliver change in support of our growth and developing
strategy
6. Ensuring our volunteers continue to be supported and recognised for the work
they do for the success of the LGMC
We now have four committees each either chaired or sponsored by a Trustee.,
Development, Finance, Membership and People. Committee members are Trustees,
members Of friends of the Chorus and each committee has Terms of Reference
approved by the Board. 2025 will see the introduction of an additional committee
covering Communications & Marketing.
The only non-Trustee volunteer roles which currently remain as elected positions are
the Membership Lead (which was previously a directly-elected member Trustee) and
each of th8 Section Representatives. The Membership Lead chairs the Membership
Committee working alongside a Board sponsor. This Committee is predominantly
composed of the Section Representatives. All other volunteer roles undergo an open
recruitment and selection proc@ss focusing on the skills and experience needed to
fulfil the functions of the role. We plan to further refine our volunteering framework
during 2025.
c. Responsibilities of the Trustees
Key Responsibilities.,
Public Benefit: Trustees must ensure the CIO is operating for the public benefit,
as Outlined in the LGMC constitution and the Charities Act 2011.
Compliance.. Trustees must comply with the constitution, the Charities Act 2011 ,
and other relevant laws and regulations.
15

Resource Management: Trustees are responsible for managing the CIO'S
resourceg responsibly, including finances, investments, and assets.
Safeguarding Assets: Trustees must safeguard the CIO'S assets and take
reasonable steps to prevent and detect fraud and other i￿egular1ties.
Accountability: Trustees must ensure the CIO is accountable to its
stakeholders, including donors, beneficiaries, and the public.
Annual Revlew: In the Trustees, Annual Report, Trustees must include a revivw
of the charity's activilies and achievements, as well as a statement on
compliarte wilh the public benefit duty.
Financial Reporting: Trustees are responsible for preparing the Trustees,
Annual Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards.
Strategic Direction: Trustees are responsible for setting the CIO'S strategic
direction and ensuring it is effectively implemented.
Monitorlng and Oversight: Trustees must monitor the CIO'S performance and
ensure il 15 operating effectively and eff iciently,
Conflict of Interest: Trustees must declare and manage any potenlial conflicts
of interest.
Trustee Conduct: Trustees must act with reasonable care, skill, and diligence in
carrying oul their dulles.
Delegation: bfjthile Trustees can delegate certain tasks, they retain ultimate
responsibility for the CIO'S management and administration,
Each LGMC Trustee affirms their commitment to a Trustee Code on their
appointment and annually thereafter.
11. Our Finances
Flnancial Health & Governance
The LGMC reviews its finances through three separate but complementary lenses:
1. Cash Flow: Cash flow reports for the period are shared from the Finance
Committee with the Board and Executive.
2. Management Accounts: We have outsourced tha production of the
Management Accounts to an accountancy firm and these are presented to the
Board on a quarterly basis
3. Financial Accounts: An Independent Examiner reviews all financial activity
across the year, including income and expenditure, cash flows and changes in
assets and liabilities.
18

Cost management and optimisation is a clear focus for the Treasurer and Finance
Committee. The impact of the pandemic significantly affected the cash reserves of
the Chorus, however these now stand at a healthier £282.490. over 98 % of which is
unreslricted. The Board, through the Finance Committee intends to review both its
General Reserve level as well as formally designate funds for specrfic purposes
during 2025.
Flnanclal Performance & Key Initiatives
Total Income
Donations and Legacies
Performances and Events
Other Income
£587,612
£334,734
£234.193
£18,685
£337,745
£129,904
£179,110
£28,731
Total expenditure
Performances and Events"
Support costs""
Othef expenditure
£389,548
£142,770
£243,771
£3,007
£372,594
£145,647
£217,571
£9,376
Total Surplusl(Deficit)
£198,064
(£34,849)
Performances and Events expendiiure has been restate(I for 2023 as classifications have been
urxjaied
Support Costs include staff, consullants. rehearsals, premises, office, communication, IT. travel,
finance and governance
Maln drivers for changes in Income and expenditure:
Income of £587,612 was £249,867 higher than 2023, helped significantly by the
legacy bequest from alumnus the late John Holt. On a like-for-like basis. the uplift
was £69,867
a 210h uplift, and our second consecutive record revenue
performance. Other than the legacy bequest, this was principally driven by:
Donations increasing by 150/0 to -£11.5k
Member subscription income and Gift Aid rising 190/0 to -£143k
Very strong sales for Christmas Bop which more than offset the small loss
from Queer Carnival. Performance fees generated from the Ensemble as well
Ss main Chorus performances at St Martin-In-the-Fields and the Royal Albert
Hall increased by 880/0 to £95k
The Board through the Treasurer, a reconstituted Finance Committee and Ihe diligent
work of our staff have had a strong focus on sensible cost containment while still
continuing to invest in the development of the Chorus. Expenditure grew by a very
modest 50h over 2023. Key highlights include..
Delivering one fewer production than 2023 and no international tour
Delivering productions within agreed expense budgets
Following the sharp rise in venue and rehearsal hire costs in 2023, these rose
by a further 180/0 in 2024
17

We are delighted lo be able to present our first surplus (£18,064. axcluding the
legacy bequest) since the COVID pandemic and the Board is mindful to utilise the
generous legacy bequest to develop both the Chorus, culture as well as build
sustainable new revenue streams with the onboarding of a new Development &
Fundraising Manager in early 2025.
ENDS
18

CHARI￿ REGISTRATION NUMBER: 1092827
LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
OWDIN & CO LIMITED
Chartered accountants
Hampshire House
204 Holly Road
ALDERSHOT
Hampshire
GU12 4SE

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The trustees present their report and the unaudited financial sl¢lternonls of the charity for Ihe yeaf ended
31 December 2024.
Reference and Admlnlstr8tlve Detalls
Reglstered charity nam•
London Gay Men's Chorus
Charlty reglstratlon number
Prlnclpal offlca
1092827
124 City Road
LONDON
EC1V 2NX
The Trustees
Mr Martin G Brophy (Chair)
Ms Sylvie Pierce (Vice Ch8ir)
Mr Cameron J McLeod
(Secretary)
Mr David Weitzmann (Treasurer)
Ms Nicola S Berry
Mr Nikhilesh B Dasgupia
Mr Alaxander PJ Dixon
Ms Carolina Fry
Mr Jererny H8neman
Mr Jonathan M Howard
Mr Martin P Kaufman
Mr Sami H Qasem
Ind•pendent Examln•r
Mr L J Pow811 Bsc FCA
Powdin & Co Limited
Hempshire House
204 Holly Road
ALDERSHOT
Hampshire
GLJ12 4SE

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
TRUSTEES, ANNUAL REPORT(¢ontlnu•dJ
YEAR ENDED 31 DECEMBER 2024
StruGture. Governance and Management
Governlng DoGumenl
During 2024, the LGMC became a Charitat>le Incorporated Organisaiion (CIO).
Previously th8 LGMC was a charitable company limited by guaraniee. Incorporated on 8 March 2002 and
regislered as a charity on 5 July 2002. The company was established under a Memorandum and Articles
of Association incorporaled on 8 March 2002, as amended by special resolution of 22 May 2006. New
Arlicles and by-laws were adopted in 2020. and these were further 8mend8d at the 2022 Annual General
Meeting.
The draft CIO constilution was approved by the Board on 8 May 2024 and was pul to a General Me81ing
of members on 17 Jun8 2024 where Il was agreed to (al convert to a CIO and (b) adopt Ihe new
constilulion. Members also authorised the Board to agree to any changes as rnay b& r8quired by the
Charily Commission to register as a CIO. Two minor arnendments were requasted by the Charity
Commission and thèse were approved by Ihp Board on 19 August 2024. Our application to become a
CIO was approved by the Charily Commission on 28 August 2024 and we ceas8d being 8 charitable
company limited by guarantee.
Organlsatlon
Following our CA)nversion to 8 CIO and the 8doplion ofour new cx)nslilution, there is provision fora Board
of up lo thirteen Trus168s, comprising the Chair of Trustees. a further six Trusiees elected from amongsi
the membership of Ihe CIO, and six non-member Trustees recruited and appointed by the 8oard. In line
with Board Eleclion and Recruilmenl Policy, approved by the Board in August 2024. currently the Chair
of Trustees must be a m8mber of the CIO and is elecied by the members. Trustees are elected or
appointed lor three-year temis of office and may only serve for two full tenns. Office-bearer roles (Vice
Chair, SeGretary & Treasurer) are e18cled by lh8 board from among their number.
The CIO employs both the Artistic Direclor and Operations & Production Manager. A range ol other
freelance consultants are engaged by the Chorus to SUPPDrt Ihe delivery of our artistic Strategy.
Objectlves and Actlvltlas
About Ihe Lobdon Gay Men's Chorus
The London Gay Men's Chorus began life in 19g1 as an informal social group to Sing for pleasure and
has evolved inlo an intemalionally rwnlsed high qualily inspirational chorus numbering upwards of
300 rn&mbers.
Purpos•
Ourcharity's purpose as sel out in the objects contained in the CIOS constilution is Ihe study and practice
of choral MLJSIC in order lo foster public knowledge and appreclalion of such music by means of public
performance.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
TRUSTEES, ANNUAL REPORT (contlnu•d)
YEAR ENDED 31 DECEMBER 2024
Objectlves and Actlvltles (￿￿tInu•d)
Our Vlslon
Everyone Broughl Together Through Song,
Our Mlsslon
Create. enabl8 and Lt>nnect confidenl voices across communities with fun, hope, love, joy and fearfess
allyship.
Our Values
All-in, Community. Harmony. and Transformation.
Ensurlng wel d•llv•r our alrns
Following the adopllon of our new Vision, Mission and Values. the Board iniends to r&vlew and, following
consultalion with memLsers, propose an update of our Charitable Objects lo the Charity Commission for
approval,
We have referre(J to the guidan&9 contained in the Charity Commission's ganeral guidance on public
benefit when reviewing our aims and objectives and in planning our future aclivities. In partI￿lar, the
trust8es ￿nsider how planned aciivities will conlnbule lo Ihe aims and objectives they have set.
Achlevements and Performance
Refer to LGMC Annual R8POrt 2024.
Flnanclal Revlew
Refer lo LGMC Annual Report 2024. which also details income and expenditurg activities for the year.
Investment P,ollcy
Under the constitution, the Board of Trustees of the charity has the power to make inveslmenis however
it sees fil in line with the furtherance of its objectives. The majority of Chorus funds are spent in the short
lerm as such to retain a prudent amount in reserves each year. The Board of Trusiees has not considered
investments this year.
Plans for Futur• Perlod8
Refer to separate report.
The trustees, annual report was approved on 14 May 2025 and slgned on behalf of the board of Irustees
by..
Mr Martin G Brophy {Chair)
Trust&e

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON GAY
MEN'S CHORUS
YEAR ENDED 31 DECEMBER 2024
I report to the trustees on my examinaiion of Ihe financial statements of London Gay Men's Chorus ('Ihe
charily'l for the year ended 31 December 2024.
Responslbllltle8 and Basls of Report
As Ihe tru51ees of the charity you are responsible for the preparalion of the fin8nci81 stalements in
accordance with the requiremenis of the Charilies Act 2011 ('Ihe Act.).
I report in respect of my 8xamlnation of the charlws financial siatements carried out under section 145
of the 2011 Act and in Car￿ng out my examination I have followed all the applicable Direclions given by
the Charity Commission under section 145(5)Ib) of the Act.
Indapendent Examinor's Statement
Since the charity's gross incorne exceeded £250,000 your examiner rnusl be a member of a body listed
In section 145 of lh8 2011 Acl. I confirm that l am qualified to undertake the examination because l am a
member of Institul8 of Chartered Accounlants in England and Wales (ICAEWI, which is one of Iha
listed bodies.
I have completed my examination, I confirm that no malerlal matters have come to my attention in
connection wilh the examinaiion giving m8 cause lo believe Ihal In any material respect:
actounling records ware not kept In respecl of the charity as required by seclion 130 of the
Act., or
Ihe financial statements do not accord with those records; or
th8 financi81 statements do not comply wlth the applicable requirements conceming the form
and content of accounts set out in the Charilies (Accounts and Reports) Regulation5 2008
other than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independenl examination.
I have no conc8ms and have come across no other matters in connection with the examination to which
attenb'on should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
Mr L J Powell Bsc FCA
Powdin & Co Limited
Independent Examiner
H8mpshire House
204 Holly Road
ALDERSHOT
Hampshire
GU12 4SE
14 May 2025

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2024
2024
Restricled
funds Total funds Tolal funds
2023
Unrestricted
funds
Noto
Income and endowments
Donations and legacies
Charitable activilies
Other traiJSng activities
Investment incom6
Olher income
334.734
234,193
4,328
8.097
6,260
587.612
334,734
234,193
4,328
8,097
6,260
587,612
129.904
179,110
3.148
1.716
23.867
Total Incorne
337,745
Expendltura
Expenditure on raising funds:
Cosis of raising donations and
legacies
Costs of other trading 8ctiv+lies
Expenditure on charitable aciivities
Olher expenditure
Total expenditure
622
5,309
363,218
3,445
372,594
10
11,12
14
1.854
386.541
1.153
1,854
386,541
1,153
389.548
389.548
Net Incom81(expendlture) and net
movement In ￿ndS
198,064
198,064
(34,849)
Reconclllallon of funds
Total funds brought forAiard
Total funds carrl•d forward
80.652
3,774
3.774
84,426
119.275
278.716
282,490
84,426
The staiement of flnancial activities Includes all g2ins and losses recognised in the year,
All income and exp8ndilure derive from continuing acbvTties.
Th• noles on pag•s 8 to 17 forni part of these flnanclal stalemènts.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024
2024
2023
Noto
Flxed Assels
Tangible fixed 8ssels
19
203
69
Current Assets
Debtors
Cash at bank Bnd in hand
20
174,471
16g,271
343,742
86.288
45.251
131,539
Credltors: Amounts F3lllng duo
Wlthln One Year
21
61,455
47,182
Net Current A88Ot$
Total Assets Less Current Llabllltles
Net Assets
282,287
282,490
282,490
84,357
84,426
84.426
Funds of tho Charity
Reslncled funds
Unreslricled funds
3,774
278,716
3.774
80,652
Total charlty fund8
23
2B2,490
84,426
These financial slalements wera approved by the board of trust86s Snd authorised for issu8 on 14 May
2025. and ar8 signed on behalf of tho board by..
Mr David Weilzmann (Treasurer)
Trustee
Tho notes on pages 8 to 17 fom part of theso flnanclal statem&nts.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
STATEMENT OF CASH FLOWS
YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash Flows from Operatlng Activities
Nat incomel(expendlluro)
198,064
(34.849)
Adjuslments for
Depreciation of tangible fixed ass&ts
Other Inl8rest receivable and similar income
Accrued (incomeyexpenses
26
{8,097>
(40,138)
(1.716)
27,252
Ch8nges in..
Trade and other debtors
Trade and other creditors
(62,133)
28,361
(50.300)
4.433
Cash g8n8ra18d from operaiions
116,083
(55.180)
Interest recelved
8,097
1,716
Net cash frorril(used in) operating activities
124,180
(53,464)
Cash Flows from Investlng Actlvltles
Purchase ol t8ngible assets
Net C8sh used in Investing activitias
(160)
{160)
(69)
169)
Net Increa8el(Decrease) In Cash and Cash Equlvalenls
Cash and Cash Equlvalent5 at Beglnnlng of Year
Cash and Cash Equlvalents at End of Yéar
124,020
45,251
169,271
(53.533)
98,784
45.251
Tho notes on pages 8 to 17 lonn part of th050 Ilnanclal statements.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
General Inforniation
The charity Is a public benefit entity and a registered charity in England and Wales 8nd is
unincorporated. The address of the principal office is 124 City Road. LONDON. EC1V 2NX.
Statement of Compllance
These financial statements hav6 been prepared in compliance with FRS 102, The Financial
Reporting Standard applicablè in ihe UK anrj the Republic of Ireland,, the Slatement of
Recommended Practic8 applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charibes
SORP {FRS 102)> and the Charities Act 2011,
Accountlng Pollcies
(a) Basls of Preparatlon
The financial statemenls have been prepared on the hlstOriC31 cost b8SiS, 83 rnodiffied by Ihe
r8vAluation of certain financial assels and Iiabilili8s and investment properties measured al faif value
through income or expenditure.
The financial staiaments are prepared in st8rllng, which is the functs'onal currency of the entity.
{b} Golng Concern
There are no material uncertaintias about the charitls ability to continue.
(c) Judgements and Key Sourc08 of Estlmatlon Uncertalnty
The preparation of the financlal statements requires management to make judgements. estimates
and assumptions thal affect the amounts reported, These estimates and judgements are continually
reviewed and are based on experience and other factors. induding expectations of futuré èvents
that are believed to be reasonable under the circurnstances.
Significant judgements
There were no Judgements (apart from those Involving estimations) that management has made in
the process of applying the enlily's accounting Policies that have 8 most significant effeci on the
amounts recognised in lh8 financi81 statAm8nls.
Key sources of estimation uncertainty
Accounting estimates and assurnplions are made concerning the ftjture and, by their natur8, will
rarely equal Ihe related actual oulcome. There were no key assumptions and other sources of
esiimation uncertainty that have a significant risk of causing a material adjustmant lo the carrying
8mounts of asssts and li8bililies within the next fi'nancial year.
(d) Forelgn Currencles
Foreign currency transactions are initially racor(Jed in the functional currency, by applying the spot
exchange rate as at Ihe dale of the transaction. Monetary assels and liabilities denominated in
foreign cijrrencies are translated at the exchang8 rate ruling at the reporting date. with any gains or
losses being taken lo the statement of financial actlvities.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS (contlnu•dJ
YEAR ENDED 31 DECEMBER 2024
A¢countlng Pollcles (contlnu•dJ
(e) Fund Accountlng
Unrestricted funds are available for use al the discretion ofthe Irustees to further any of the charilgs
purposes,
Restricted funds are subjecled to reslrictions on their expendilurè declared by the donor or through
the lerms of an appeal.
{fj Incomlng Re50urce6
All incom8 15 induded in the statement of financial activities when entitlement has passed to lh6
charity. it is probable that the economic benefits associated with the transaction will flow to the
charity and tho amounl can be reliably measured. The following specific policies are appliod to
parlicular categories of Income:
income from donatj'ons or grants is recognised when there is evidence of entitlement to the gift.
receipt is probable 2nd ils amount can be measured reliably.
legacy income is recognised wh8n receipt is probable and entitlement is established.
income from donated goods is measured al the f8lr value of Ihe goods unless this is impr8Ctical
to measLtre reliably, In which case the value is derived from the cost to the donor or the esiimaled
resale value. Donale(I facililies and services are recognised In the 8ccounts when received if the
value can be reliably measured. No amounts are included for the CA)ntribution of general
volunteers.
income from performances is recognised when the perform8nce has laken place. Thls is
classrfied as unreslricled funds unless there is a contraciual requir8ment for it to be spent on a
particular purpose and ralurned if unspent, in which c8se It may be regarded as reslricted.
Income from chantable trading activity is accounted for when earned.
(g) Resource8 Expended
Expenditure is recognised on an accruals basis as a Ilability is incurred. Expenditure includes any
VAT which cannot b8 fully recovered. and is classifled under headings of the statement of financial
activities to whir.h it r8lAtes'.
expenditure on raising funds includes Ihe cosls of all fundraising activities, events, non-charilabl8
trading activities. and the sale of donated goods,
expenditure on charitable actt'vities includes all costs incurr8d by 8 charity in undertaking activities
that further its chanlabla aims for tho benefit of its beneficiaries, Including those support costs
and c051s relating lo the govemance of the charity apportioned to charitable acbvilies.
olher expenditure indudas all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable aclivities.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS {
contlnuod)
YEAR ENDED 31 DECEMBER 2024
Accountlng Pollcles (¢onllnu•d)
Resources Expended (conllnugdj
All costs are allocated to expenditure categories reflecting the us8 of lh8 resource. Direct ￿5t5
ailributable to a single activity are allocated direct5y to thai activity. Shared cosls are apportioned
beiween Ihe activiiies they contribute to on a reasonable, juslifiable and consistent basis.
(h) Tangible Assets
Tanglble assets are initially recorded at cost. and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assots carried at revalued amounts are reojrded
at the fair value at the date of revaluaiion 1855 any subsequenl accumulated depreciation and
subsequent accumulated impainnant losses,
An increase in the carying amount of an asset as a resuli of a revaluation, is recognised in Oiher
recognised gains and losses, unless it reverses a charge for impairment Ihat has previously been
recognised as expenditure wilhin the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is recogniseo in other recognised gains and losses,
except to which il offseis any previous r8valuation gain, In which case the loss is shown within other
recognised gains and losses on the statement of financial activities.
(l) Depreclatlon
Depreciation is calculated so as lo write off the cost or valuatlon of an asset, less its residual value,
over th8 useful economic life of that asset as follows:
oiric8 equipment
Musical Instruments and
equipment
3 Years
3 Years
U) Impalrm•nt of Flxed Assots
A revlew for Indicators of impBirment is carried out at each reporting date. with the recoveratsie
amount b8ing estimeted Wher8 such indicators exist. Where the carying value exceeds the
recoverable amunl, the asset is impaired 8ccordingly. Prior impairments are also reviewed for
possible reversal al each r6POrting date,
For the pury)oses of irnpalrment testing, when it is not PO8slble lo esllmate Ihe r8coverable amount
Of an individual asset, an estimate is made of th8 recoverable amount of the cash%eneraling unit
to which the asset belongs. The cash4Jenerating unit is the smallest identifiable group ot assets that
includes the asset and generates cash inflows Ihal lar9ely independenl of the cash Inflows from
other assets or groups of assets,
For impalrment testing of goodwill, the goodwill ac4uired In a business ¢J)mbination is. frorn the
acquisition date, allocal8d to 8ach ofthe cash-generaling units that are expeciets lo benefit from the
syn8rgies of the combination. irresp8clive of whelher olhor assets or liabilitses of the charity are
assigned to those units.
-10-

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS (¢ontlnued)
YEAR ENDED 31 DECEMBER 2024
Accountlng Policies (¢ontlnu•dJ
(k) Flnanclal Instrumenls
A financlal asset or a financial liability is recognlsed only when the ch8rity becnmes a paty to Ihe
LX)ntractual provisions of the instrument.
8asic financi81 instruments afe Initially recognised at the amount receivable or payable includlng
any related Iransaction cosls.
Current assels and CLsrr8nt liabilities are subsequently maasured at Ihe cash or other consideration
exp8Cted10 be paid or received and nol discounted.
Debt irbslruments are subsoquenlly measured at amortised cosl.
whe￿ investments in shares are publicly traded or their falr value can olherwise be measured
reliably. the investment is subsequently measured atfair value with changes in fair value recognised
in income and expenditure. All olher such Investmenls are subs8quenlly measured at cost 16SS
impairm6nt,
Other financlal inslrumenls. including derivalives, are initially recognised at fair value, unless
paym8nl for an assel is (ieferred beyond norm81 business terms or financed at a rale of interest that
is not a market rate, in which case the assel is me8surecl al Ihe present value of the future payments
discounted al a market rale of Interest for a similar debl in51rument.
Other financial Instrumenls are subsequently measured at fair valu6, with any changes recognised
in the statement of financial activities. with the excepiion of hedging instruments in a designated
hedging relationship.
Financial assets that are me3sured at cost or amortised cost are rewewed forobjeclive evidence of
impairrnent at the end of each reporting dale. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities
in which the inits'al gaSn wa5 re￿gnised.
For 811 equity instrurnenls regardless of signrficance, and oth8r financial assels Ihal are individually
significant. Ihese are assessed individually for impairment. Other financial assots are either
8sse55ed individually or grouped on the basis of similar cre(lit risk characteristics.
Any reversals of irnpairmenl ar8 recoonlsed irnmedlaloly. to thè extent that ihe reversal (loes nol
result In a carrying amount of the financial asset that oxceeds what the Garrying amount would hav8
bean had the ifflpairmenl not prevlously been recognised.
(l) Deflned Contrlbutlon Plans
Contributlons lo defined contribution plans are recognlsed as an expense in the period in which the
related service is provided.
11

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS (conunuqd)
YEAR ENDED 31 DECEMBER 2024
Donatlons and Legacles
Unrestricted Total Funds Unrestricted Tot81 Funds
Funds
2024
Funds
2023
Donations
Donations
Gift Aid
11.648
20,856
11,648
20,856
9,913
21.026
9,913
21,026
Legacles
Legacies
180,000
180,000
Subscrfpllons
Membership Subscriptions
122.230
122,230
334,734
98,965
98,965
334,734
129.904
129,904
Charltable Actlvltles
UnrgStncl8d Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Ino)m8 from Events
Performance FBes
139,458
94,735
139,458
94,735
234,193
128,648
50,462
128,648
50,462
234,193
179.110
179.110
Other Tradlng Actlvltles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Mgrchandising Income
4,328
4,328
3.148
3.148
Inv•stm•nl Income
Unreslricted Total Fund8 Unr@slricled Total Funds
Funds
2024
Funds
2023
88nk inter8st receivable
8,097
8,097
1,716
1,716
Other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funos
2023
Other income
Employm8nt Allowance
Members contribution to travel costs
1,250
5,000
10
1,250
5,000
10
5,000
18.867
5.000
18.867
6.260
6,260
23,867
23,867
12-

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS(Gontlnu•dl
YEAR ENDED 31 DECEMBER 2024
Costs of Ralslng Donalions and Legac1•8
Unreslricled Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Fund Raising Expenses
622
622
10. C0819 of Olhor Tradlng Actlvlllag
Unrestricied Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Costs of other tradlng actswlies
1.854
1,854
5.309
5,309
11. Expendllure on Charltable Activltles by Fund Type
Unrestricted Total Funds Unr8Stricted Total Funds
Funds
2024
Funds
2023
Cost of Events
Support costs
142.770
243.771
142,770
243,771
145,647
217,571
145,647
217.571
386,541
386,541
363.218
363,218
12. Expendlture on Charltable Actlvltles by Actlvlty Type
Activities
undertaken
dlrectly Support costs
Total funds
2024
Total fvnd
2023
Cosl of Events
Govemance Costs
142,770
233,269
10,502
243.771
376,039
10,502
348,986
14.232
142.770
386,541
363.218
13. Analysls of Support Costs
osl of evenls Governance
Total 2024 Tolal 2023
Slaff costs
Premises
Communications and IT
General office
Finance costs
93.687
6.001
490
6,729
270
93,687
6,001
490
6.729
270
82,424
2,460
183
6,046
308
13.

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS{
conllnu•dJ
YEAR ENDED 31 DECEMBER 2024
Govemance costs
Rehearsals and Bursaries
Music Team (Core>
Deprecialion
Travelling expénses
10,476
10,476
72,370
36,934
26
14,788
243,771
14,232
61,198
40,940
72,370
38,934
26
14,788
9.780
233,269
10,502
217,571
14. Oth6r Expendltur
Unrestrict8d Total Funds Unreslricl8d Total Funds
Funds
2024
Funds
2023
Donations to Charities frorn Show
In￿me
1,153
1,153
3,445
3.445
15. Net IncomèllExpenditure)
Net Incomel(expenditure) is slated after chargingllcrediting)..
2024
2023
Depreciation of tangible fixed assets
Foreign exchange differences
28
140
16. Independont Examlnatlon Fe•s
2024
2023
Fees payable to the Independent ex8min8r for.,
Independent examination of the financial 51atem8nts
480
480
17. Staff Costs
The lotal staff Costs and employee benefits for the reporting perfod are analysed as ft)llov￿.'
2024
2023
Wages and salaries
Social security c051s
Employer contributions to pension plans
Other employee benefits
78,375
8,228
5,342
1,742
71.107
7.322
93,687
82,424
The average head couni of 8Tnployees during the year was 2 {2023.' 2). The average number of full-
time equivalenl employees during the year is analysed as follows-
2024
2023
No
No
Management
Employment allowance of £5.00012023:. £5,000) was claimed against the above costs.
14-

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
conflnu•d)
NOTES TO THE FINANCIAL STATEMENTS (
YEAR ENDED 31 DECEMBER 2024
17. Staff Costs l¢ontInu￿)
No employee receiv8d employee b8nefits of mor8 than £60.000 during Ihe year (2023: Nil).
18. Trustee Remuneration and Expens•8
No rernuneralion or olher benefits from employment with the charity or a related entity were received
by lh8 Iruslees.
19. Tanglble Flx•d Assats
Fixtures and
fitlings
Equipment
Total
Cost
At 1 January 2024
Addilions
1,179
160
5,300
6,479
160
At 31 Decembér 2024
1,339
5.300
6,639
Oepreclatlon
Al 1 January 2024
Charge for the ye8r
At 31 Decemb•r 2024
1.110
26
5.300
6,410
26
1,136
5,300
6,436
Carrylng amount
At 31 December 2024
203
203
At 31 December 2023
69
69
20. Debtors
2024
2023
Event debtors
Prepayments and accrued income
Income tax recoverable
Other debtors
110,001
37,509
24,630
2,331
174,471
42,700
6,102
37.486
86,288
21. Credltors: Amounts Falllng due Wlthln One Year
2024
2023
Event creditors
Accruals and deferred Income
Soci81 security and other tsxes
Other creditors
45,798
13,644
1,961
52
16,603
27,732
2,773
74
61,455
47.182
15-

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS {contlnued)
YEAR ENDED 31 DECEMBER 2024
22. Penslons and Other Post Retlrement Beneflt8
Doflnad contrlbutlon plans
The amount racognised in income or expenditure as an expense in relation to defined coniribution
plans was £5.34212023: £3,995).
23. Analy813 of Charltable Funds
Unreslrlcted funds
At
1 January 202
At
31 D•cemb8r
2024
Income Exp8ndilure
Genéral funds
LGMC + Group
Seebed Community Fund
76,547
50
4,055
80,652
587.612
(389,5481
274,611
50
4,055
587,612
(389.548)
278,716
At
1 January 202
Al
31 December
2023
Income Expenditure
General fvnds
LGMC + Group
Seebed Community Fund
111,396
50
4,055
337,745
(372,S94)
76.547
50
4,055
80.652
115,501
337,745
(372,594)
Restrlcted funds
At
1 Janu8ry 202
At
31 December
2024
Income Expenditure
Derek Butler Trust Fund
Bursaries Fund
3,134
640
3,134
640
3,774
3,774
Al
1 January 202
At
310ecember
2023
Income Expendilu
Derek Butler Tnjsl Fund
Bursaries Fund
3.134
640
3,134
640
3,774
3,774
16-

LONDON GAY MEN'S CHORUS
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS (conflnuod)
YEAR ENDED 31 DECEMBER 2024
24. Analysls of Net Assets Between Funds
Unrestricled
Funds
R8stricted Total Funds
Funds
2024
Tangib18 fixed assets
Current assets
Credilors less than 1 yoar
Net assets
203
339,968
161.455)
278.716
203
343,742
161,455)
282,490
3,774
3,774
Unreslricted
Funds
Reslricted Total Funds
Funds
2023
T2nglbl8 fixed assets
Current a55ets
Creditors less than 1 year
Net assets
69
127,765
(47,182)
80,652
69
131,539
(47,182)
84.426
3,774
3.774
25. Analysls ol Changes In Net Debt
At
Al 1 J8n 2024 C8sh flows 31 Dec 2024
Cash at bank end in hand
45,251
124,020
169,271
17-