Trustees’ Annual Report for the period
From 1.8.21 Period start date To 31.7.23 Period end date
Charity name: The Milverton Concert Society
Charity registration number: 1107070
Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 To advance, improve, develop and
of the charity as set out maintain public education and
in its governing appreciation of music in all its
document aspects
Summary of the main Para 1.17 and The purpose of the charity is
1.19
activities in relation to achieved by the presentation of
those purposes for the public concerts and workshops,
public benefit, in and for the purposes of such
particular, the activities, charitable bodies or for such other
projects or services purposes as shall be exclusively
identified in the charitable as the Committee may
accounts. from time to time decide.
Statement confirming Para 1.18 All Trustees are aware of the
whether the trustees Society’s Constitution and its aims
have had regard to the and objectives in relation to those
guidance issued by the guidelines set by the Charity
Charity Commission on Commission.
public benefit
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Additional information (optional)
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SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
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SORP reference
The Charity has held 6 concerts
within the 2021 – 22 season, which
have been attended by Society
Summary of the main Members and members of the
Para 1.20
achievements of the local community, which has
charity, identifying the enabled a large number of people,
difference the charity’s of all backgrounds, to listen to a
work has made to the very high standard of performers.
circumstances of its Also, workshops had been
beneficiaries and any arranged with 2 of the group of
wider benefits to society artists specifically for the benefit
as a whole. of local children, who have an
interest in improving their abilities
in the playing of music in their
chosen sphere.
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 At the end of the financial year the
financial position at the Charity sits on a surplus of
end of the period £13,894.02, which includes
£10,932.04 in the Reserve Fund
Statement explaining the Para 1.22 Reserves are held in a separate
policy for holding account, and is used to allow the
reserves stating why they Charity to maintain a balance of
are held £3000 in the main working
account
Amount of reserves held Para 1.22 £10,032.04
Reasons for holding zero Para 1.22 To enable the Charity to replace
reserves assets held should they become
depleted, plus to enable top
quality artists to be contracted to
appear without fear of placing the
Charity in a difficult financial
position.
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 No concerns
uncertainties about the
charity continuing as a
going concern
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 By Trust Deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 The Trust will be managed a
constituted? Committee consisting of
(e.g unincorporated Chairperson, Treasurer,
association, CIO) Programme Secretary, Minutes
secretary and not less than 3 and
not more than 8 other members.
Trustee selection Para 1.25 The Officers and other Committee
methods including details members shall be elected by and
of any constitutional out of the Society’s members at
provisions e.g. election to the Annual General Meeting and
post or name of any shall be eligible for re-election.
person or body entitled
to appoint one or more
trustees
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Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure Para 1.51 and any wider network with which the charity works Relationship with any Para 1.51 related parties Other
Reference and Administrative details
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Charity name The Milverton Concert Society
Other name the charity
uses
Registered charity 1107070
number
Charity’s principal 9, Silver Street
address Wiveliscombe
Taunton
TA4 2PA
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Rosie Clark- Chairperson The Milverton Concert
1
Lowes Society
2 Derek Sowden Treasurer As above
3 Francis Vail As above
Janey As above
4
Desborough
5 Gillian Lumby As above
6 Shelagh Garbutt As above
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name N/A
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for whole
year
N/A
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Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements n/a for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Rosemary Joy Clark-Lowes Full name(s) Derek Leslie Richard Sowden
Position (eg Treasurer Chairman Secretary, Chair, etc)
Date
Milverton Concert Society Balance Sheet as at 31st July 2022
| Current Assets Debtor Cash at bank Cash in hand Current Liabilities Creditor Total Current Capital assets Piano Piano stool and cover Staging Total Capital Net Assets Represented by:- Capital assets Accounts - opening balance Accounts - closing balance Defcit/Surplus for the year Total |
2022 £0 £13,894.02 £110.00 £14,004.02 £14,853.98 193.47 286.34 ### £ 15,333.79 £7,851.79 £13,894.02 £6,042.23 |
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| £29,227.81 |
Stocks are disregarded for the purpose of these accounts, purchases being charged against income in the year in which they are incurred and sales recognised in the year in which they are effected.
Derek Sowden………………………………………………………………….Hon.Treasurer
| Income Ticket Sales Membership Refreshments School contributions Notorious Music proceeds Programmes Donations Gift Aid recovered Workshopreceipts |
2022 22062.03 740.00 567.00 638.00 125.00 615.00 315.00 1147.87 £984.99 |
|---|---|
| Total Income £27,194.89 |
|
| Expenditure Artists fees & expenses 15715.00 Artists refreshments 204.96 Poster and printing 1386.50 Refreshments / bar 398.79 Hire of Venues 835.00 Concert Expenses Lighting 540.00 Concert Expenses Piano 820.00 Other Concert Expenses 198.19 |
|
| Total Concert Costs - direct £20,098.44 |
|
| Making Music 187.00 Website / IT 285.50 Postage 0 Photocopying 10.00 Insurance 275.00 Additional equipment 38.02 Advertising 258.40 |
|
| Total Non Concert Specifc costs £1,053.92 |
|
| Total COSTS £21,152.36 |
|
| SURPLUS/DEFICIT foryear £6,042.53 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to th• truste0$1 members of The Milverton Concert Society On accoun18 for th• year ended i>tr knLL Charity no (If any) 1107070 S•1 out on pag•8 I report to the trustees on my examination of the accounts of the above charity (Ihe Twsf) for year ended 31107 J 2 OZ I Rèsponslb1lltl and basls of report As the charitsls trustees, you are responsible for the preparation of the accounts in accordance wth the requirernents of the Charities Act 2011 {Ihe Acf). I report In resp8d of my examlnalion of the TNSVS accounts carried out under sectlon 145 of the 2011 Act and In CArying out my examination, I have followed all the applicable DIr110nS given by the Charity Commission under sectlon 145(5Xb) of the A¢ Indendent fThe charws gross incune exceeded £250.0(Kl and l am qUalifd to examlneffs statement undertake the examlnatlon by belng a qualified member of [Insert name of appllcab16 listed body]]. Delete [ ] rfnot applicable. I have completed my examination. I confirm that no mater181 matters have come to my attenllon In oJnnectk)n with the examination (other than that disclosed below") lch gives me cause to believe that in, any material respecL the 8ccountirHJ records were not kept in ac£ordance 1th section 130 of the Charities Act: or the accounts did not accord thith the accounting records; or Ihe accounts did not comply wth the applicable requirements )nceming the fomi and content of accounts set out in the Charities (Accounts and Repts) Regulations 2008 other than any requirom8nt that the acnts gr¥e a Irue and fairf view which Is not 8 matter considered as part of an indep8rKl8nt examinatlon. I have no conchms and have Come across no other matters in connection with the examlnation to 4thich attention shoukl be drawn in this report in order to enable a Fxoper underslanding of the acunts to be reached. ' Heas8 delete the wonls In the brackets theY do not apply. Slgn•d: f) D ei Dats: 31)- A Name: Relevant professlonal qualification(s) or body )/L IER Oct 2018