Company no. 05052052
Charity no. 1110790
Crouch End Festival Chorus
Report and Independently Examined
Financial Statements
31 July 2020
*A9J5WWZ*
1)4112Q020
COMPANIES HOUSE
A18
#158

Crouch End Festival Chorus
Referen￿ and administrative dp*tails
For the
¢arftnded 31 July 2020
Company number 05052052
Charlty number
1110790
Prlnclpal and
reglstered office
18 Slantwe Garden$
London
N4 IHT
Chair
Felicity Ford
Trustè•s
Trustees. who arg also directors under company law. who served duriThJ
the year and up to the date of this repmyt wer& as folknvs:
Catherine Best
Felicity Ford
Robert Gorrie
Thomas Halliday
Pauline Ho￿e
Duncan McAJpine
Julia TaWor
Lucy Whitman
(appointed 8 Augusl 20201
(retired 14 October 2019)
{appoinled 10 August 2020)
Secretary
Lucy Whitman
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Independent
examiners .
Godfrey Wilson kn"miled
Chartered accountsnts and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QO

Crouch End Festival Chorus
Report of the Irustees
Forth•
ar ended 31 Jul 2020
The Iruslees present their report and the independently examined financial statements for the year
ended 31 July 2020.
Ref¢Trn¢e and adminislralive infomiation set out on page 1 forms part of thi5 report. The financial
statements comply with current statutory requirements, the Memorandum and Articles of As50cialion
and the Stalemenl of Recomrwided Practice - Accwnling and Reporting by Charities (effective from
January 20151.
Structure, governance and managefflerit
Stru¢tur•: The organisation 1$ a tharitable COr￿anY fimiled by warantee. incorpora16d on 23
February 2004 and registered as a charity on 9 August 2005. The Company was established under a
Memorandum of Association which established the objects and powKrs of the charitable company and
is governed under its Articles of Associat￿n. In the event of the company being wound up members
ar8 required lo contribute an amount not exceeding £10.
Governance and Management: The trustees have adopted a tsw-tier slructure for the manag6menl
of the charitable company. The board of trustees is responsible for the strategic management of the
charitable company, setting policies. developing business plans and approving the annual budgeL
The charitsble company is managed on a day-tfrday basis by a management committee which reports
the trustees.
The charilabte company engages Ihe services of the n￿sIC director. acc(Mnpanist and bookkeeper
under contract and a destgner for some ol our marketing materials. All other activities of Ihe company
are currently undertaken by choir members on a voluntary basis. The rules of membership of the
chorus underfine the ethos that all choir members a￿ expected to contn.bute to ils effective running.
The WOTkhJad is shared wdely thrtyjghout the choir. in Ihe fomi of .volunteer teams which report lo the
rnanagemenl committee.
Trustees and members of the managen*nt committee a￿ ebected by members of the charitable
company at its Annual General Meeting. Members of the managenpnt committee hold office until the
followng AGM. Al each AGM. on*lhird of trustees (being those who have been longesl in office since
their last appoinlmentl are required to retire bul can be reélected. New trustees may be co￿PIed by
the board between AGMS. and their appointThEnt ratified al the following AGM.
Trustee recruitment: The Injslees regularly review skills and diversity in considering succession and
appointment needs. Potential new Iruslees are drawn mainly from among choir members. with an
extemal Iruslee occasionally soughL The role description and lemis of reference are available on the
singers, website and choir rnembers are alerted to board vacanaes through notices. email and word of
mouth. Inlefested candidates are inteN1e￿d by a small group of Iruslees. The successful can¢Yidale
is invited lo attend a trustee meeting. before being co-opted to the trustee board with a formal
appointment being madg at the Annual General Meeting.
Risk manag•mont: Major risks facing the tharitable company are Mlentified and recorded on
register which is regularty reviewed and discussed by Ihe trustees. Eath major.type of risk. and ils
potential impact, is assessed and scored by the tnjslees in consuttation wlh the managèment
committee. and the action taken to mib.gale this risk is noted. No organisalion can be risk-free, but the
trustees consider that the range of measures and controls pul in place to identsfy and mitigate major
risks has reduced the nomml nsks faced by Crouch End Festival Chorus io an acceptsble level.

Crou¢h End Festival Chorus
Report of ts Intstses
For th•
ar •nded 31 Ju
2020
However. Ihe cnronavirus pandemic has thanged the extemal environment beyond recognition and
the tTUStees have mitigated this considerable risk through mnthly meets.ngs wlh the General Manager
and Finance Manager. review of all contracts and financial exposure and ￿nSidered actions lo reduce
risks around financial loss. membership loss and h)ss of pubhc profile.
There remain5 considerable uncertainty as to the length and extent of the impact the cuThent Covid-19
pandemic will have on the choirfs activities. As a result of the pr&Covid strength of dernand for the
choirfs invofvemenl in professional engagements and recordings. the choir is in a strong financial
position. There are clear controls in place to ensure that remains the case.
A budget for Ihe year 2020-21 vknich ￿n￿lY covers running costs and already wnmitted expgnditure
items has been agreed by the InJslees. This would result in a year-end cash balance above the target
band in our reseNes policy. Any concerts. recordings or other activities which become possible during
the year wll be individually budgeted and appruval to proceed will only be gNen by the trustees after
an up104Jale assessment of the prevailing conditions and the outlook for the choi¢5 finances. The
reative and determined approach of the management committee and Music Director lo finding ways
in which the choir ean remain musically active and in the public eye arè lo be Commended and wll
mitigate risks to membership and ￿putatiOn. We remain in a strong positi.on to make the most of the
opportunities that arise and are confident that the charity wll continue as a going concern for a
period ol at least 12 months from the date on which these financial statements are approved. The
trustees therefore consider il appropriate to wJ¢Jpt the going concem basi5 for the preparation of the
accounts.
Public benefit: The trustees consider that they have complied viith Seth"on 17151 of The Charities Acl
2011 to have due regard lo the public benefit guidance published by the Charity Commission.
Objectives and activities
Objects of charity as stated in the ¢onslitutlon: To promle. improve. develop and maintain
appreciation and eduealion of the public land in particular the communty of Crouch Endl ￿ the art
and science of music, and in parb"cular of choral mu5ie, by the p￿Sentation of concerts and recitals.
the holding of workshops and by such other activity as the management comffmttee may from time to
time determine.
Our mission." To engage and inspire a growing audience through eXce￿nI singing. audacious
programming. high44uality recordings and comnNssioning new ¥￿Ik$.
Strategie plan: The mission slaleff*nl 1$ underpinned by the charivs values and aims for achieving
our mission. The trustees. Nwjrking wth the management committee. have a three-year strategic plan
lor the charity lo ensure that we continue lo be artistically ambitious and financially secure, with a
vibrant and tslenled membership an(J engaged audi8n¢8s. We regulaty review the plan and assess
progress towards our aims and objectives.

Crouch End Festival Chorus
Report of th• trusttts
For the
arended 31 Ju
2020
Aim 1: To be musicalty ambltiou$ and ex¢•lbn( enhancing our reputation as a leading
$￿phon1C chorus.
. Pmduce the highest qualty rnusiuansthp in &ngers and perfonnance, WothsI￿P5, mu&cianship.
conductor mentees
In 201￿20 we introduced our first Young Conduelors Mentoring Seheme, with the aim of sharing
our love of choral music ￿ryth the conductors of the future and enabling them lo leam from our
Music Direclor's considerable experience and lalents. Mariana Rosas. who is OfTginally from
Argentina and studying for a Masters in Choral Conducting al Bimiingham University, and Matthew
Quinn. a slu¢Jent at Manchester University and the Royal College of Mu$i¢. were selected from
de range of aspiring conductor5 for the programme 7fvthich ran from September 2019 to July
2020. 11 proved to be an exlremely fruitful partnership, with both conduclors growng in slalure and
expertise throughout the year. The choir also benefited from additional input into rehearsals, some
excellenl wam74JP5 and Seeing more of ihe conduding process than we are nomally aware of.
This programme ￿gnifiCanty contributed to Ihg ongoing improvement of the ehoirfs musicianship.
A workshop for Puccini's Messa di Gloria with singers dravm from our k)cal COM￿￿Jnity in Crouch
End was planned for June but was cancelled due to the CovwJ-19 lockdovm".
Cre8te advenlurous seasons
Our ambitious progranyne for 201￿20 shows the variety of swes and genres lor which CEFC is
renowned. We always se&k to inspire and grow our audience5 for our own promotion5 by
performing in a mixture of kxal north London venues as well as central London concert halls. We
also use children's and youth choirs wher8 appropriate. for example in Stravinsky Symphony of
Psalms, which we perforned in Febnjary. and in Britten St Nicolas. whith we intended to perform
in April. lo enable us lo buikl the perfomiers.and audiences of the ftjture.
Sadly our last ￿ perfomiances this season had to be cancelled due to the Coronavirus
pandemic. We anb'cipale putting on similar concerts in the fvlure and are hoping to record sorne of
the mu&c in the near future.
Our 2019-20 $eason:
Beethoven Missa Solemnis. 5 October 2019, Queen Elizabelh Hall",
Sing Christmas. 21 December 2019. St Miehael's Highgate-
Glass Ilaipu, StravÉnsky Babel and Symphony of Psalms. Ives The Unanswered Question. 2
February 2020. Queen Elizabeth Hall.,
Britten Saint Nicolas. Haydn Missa Sancti Nicolai. 18 April 2020. Queen Elizabeth Hall
Icaneelledl., and
Monteverdi Beatus Ifir and ￿xit Dominus. Duke Ellington Sacrnd Concert. 27 June 2020, St
James's Piccadilly (¢ancelled}.
Initiate, develop and manlain worting rnlationships with eXc￿rt9 artistic partners and Igading
venues and promoters
The plans for 2019-20 were fvll of b¢￿￿n9$ to vKJrk with excitmg arb.stic partners. al leading
venues and for a wide range of promoters.
We renewed our partnership wth Karl Jenkins (Karl Jenkn'ns 7Sth Birthday concert with the Royal
Philharmonic Or¢heslra. 13 October 2019. Royal Albert Hall) and Andrea Bocelli {Andrea Bocelli
Si Wodd Tour, 19 October 2019. Resorts wC￿d Arena. Birmingham) as well as Kings College
Cambridge {Christmas wilh Kings College Cambridge Choir. 16 December 2019. Barbi¢an Hall).

Crotsch End Festival Chortss
Report of th• trust••s
For th8
ar•nded 31 Jul 2020
Our Proffl this year wras a first for mst of us. with the choir takiThJ one of the four leading
symphonic choir parts aktrngside four community choirs singing in the round in the Albert Hall on a
Sunday W￿rnIng (Prom 66. John Luther Adams In the Name of the Earth. 8 September 2019.
Royal Mbert Hall).
Film $c￿ening$ were enhanced wth our live singing in prestigious events (Philharmonia
Orchestra. Livg filffl Screening of Watton Henry V. 7 November 2019. Royal Festival Hall and Live
rilm screening of rim 8urton's The Nightmare Before Christmas with Danny Elfman. 4 and 5
December 2019. SSE Arena Wembley).
Many other engagements were booked to finish off Ihe season bul due lo lockdown they have all
been postponed.
. hAake ambi&t)us and cn"bcalty successfvl recordings
Making g￿d use of funds had sel aside to promote our recordings and funds donated
specificalty for the purpose. we negotiated Nmth Signum Records to pull together a recording of
Britten'5 Saint Nicolas al Aexandra Palace on 13 and 14 March 2020 Viith the 88C Concert
Orchestra. Although restrictions were being planned we managed to complete the recording in a
socially4islanced manner in the wonderfulty ￿$tored auditorium of the historic Alexandra Palace
Theatre. Britten's A Cgremony of Can￿S aecompanies the work. The recording was released in
Novemb8r 2020.
OLtr recordings of Parrfs Judith wth William Vann arKI LI￿lon Mozart Players on Chandos
Records, and of Amokj Rosnerfs Requiem *ith the London Philham)nic Orthestra on T(￿cata
Classics. came out to great critical acclaim.
. Commissw new wo￿$ frorn a range ofcompose
As a new approach to encouraging the cornposition of new nNJsic w￿ launched a competition to
sel words found in Beethoven's own hand on the manuseript of the Missa Solemnis lo be sung
befo￿ the great work in the concert. The words 'From the heart- may it retum to the heart. were
sel by 22 Composers. The standard vrds very impressive wth a variety of different approaches.
We shortlisled six entries and tried them ¢)Ut in front of judges induding David Temple. members
of the management committee and CEFC'S new Patron, composer Debbie Wiseman. The winning
entry by lan Lawson was performed by the whole choir immedialety befo￿ Beelhoven's Missa
Solemnis in October 2019 at the Queen Elizabeth Hall. We intended lo perfom some of the other
entrie5 al our Aprl Concert wthich was cancellod.
We have also commissioned composers in a more tradI￿nal manner. Jessica Curry is a
BAFTA￿￿nnlng composer of contemporary elassieal music and is also co-founder of ￿nOwned
games company The Chinese Room. Her work is cbse to fTuibon and ￿11 be perfomied when
concerts begin again.
Ca￿e To is an Australian composer vlhose recent tM)rk encompasses classical technique with
contemporary composition. blending symphonic phrases With experimental and environmental
soundseapes. Her commission Y*iM appear in a future season.

Crouch End F•stsval Chorns
R￿Ort of lh• trustees
For the
ar ended 31 Ju
2020
Aim 2: To make the choir a more diverse and in¢lusive organisatioTh, •ngaging with and
reflecting our local community of HaringeylNorth London
Crouch End Feslrval Chofus rs committed to makN)g the thoir a more diverse and inclusivg
organisation so that we better reflect our local communrty and devebp new audiences and Ihe
performers of the future. We have planned lo do this by.
Recnjiling a more diverse choir member5hip'.
Developing partnerships with local schools and youth organisations for perf0mlan￿ opportunities
and wtreach activities-
Engaging more soloists. artiskn"c partners and composers frorn diverse backgrounds.,
Developing ￿lationShipS h￿th artistic partner organisalions which champion diversity and inclusion
in music.. and
Engaging %wth a more diveise audience.
In additKJn we have sel up a Diversity Working Group to ensure that we devote sufficient lima to this
and pull in volunteers vthth appropriate skills lo h8lp us move forvrdrd.
Aim 3: To Increase th• re$ilien¢e of the cholr and secure Its long4erni future
Good governance and managing wr resources V+ell have never been more important. We have
rolling Ihree-year planning cycle with a detailed budget. Trustees have close scrutiny of all contracts.
The highly skilled members of the management eommittee conduct the day40-day running of the choir
on a voluntary basis but with a wealth of professional skills.
Our strategy state5 that we wll:
. Maintain go￿ govemance with due regard.for both opportsjnilies and risks".
Increase the sources of income available to the chcrfr..
Make the best use of re50urees-
Hamess the energy, enlhusiasm and varied skills of the mernbers. encouraging everyone to
contribute lo the organisalion of Ihe thoir. and
Have shared and transparent systems for the running of the choir.
Al the outset of the pandemic no one knew how extensive the risks lo the choir V•ould be or how long
it would last. The trustees reviewed all cofflmitments and contracts and. working wlh the management
committee. sought lo minimise our exposure vthilsl fflaintaining a fair and balanced stance wlh
musical colEeagues. This ensured that we aware of the cancellation fees we might have to pay.
We inslitutsd monthly online trustee meetings and w8 ￿re able lo take quick decisions to rnitiga18
risk. We honoured a percentage of some musician and venue contracts in good faith to mainlain good
wjfking relationships for the future.
Crouch End Festival ChonJ$ is unique in Ihal it is run solety by the membets for the rnembets and a
very high percentsge of the 150 ￿ernber$ are invofved in some voluntary role. The managgment
committee and General Manager devote vast amounts of time and energy to driving the choir forward.
We have been particularly grateful this year for the inspiration and eommitsnent of our Music Director
David Temple MBE. espeaalty hi5 resilience and planning Nthen the pandemic brought business as
usual lo an abrupt halt. His creativty arHI boldness have ensured that the chthr ts never complacent
and continues lo attract the admiration and attention of the music vh)rld.

Crouch End F•$tiv•l Chorus
Report of thè tfustees
For the
r ended 31 Jul 2020
Financial review
We have a Ihree-year slralegic planning period. This enables us to plan sustainably for the future and
to judge the amount of risk that the trustees consider prudent for the charilable company to take.
Our planned concert and engagement activities from late March 2020 were suspended due to the
Covid-19 l¢xkdown and ￿$trIcI10￿$ in place for the remainder of the finanoal year. We budgeted for a
defiol of £27.691 in the year to 31 July 2020 but principally as a ￿su1[ of the cancellation of two
oncerts budgeted to lose money we ended the year a lower deficit of £24.124. For internal
managemenl reporting the remaining tyjdget penod was r￿slImated from April 2020 10 reflect the
impacl of the Covid-19 restn"clions.
The reseThes policy (set out below) provides a target reserves band for the end of each rolling three-
year plan. Cu￿ent uncertainties make it impossible at present lo plan and agree a detailed Ihree-year
programme and financial lorecast. In the meantime expenditure is being Carefully controlled. and as
opportunities become clear. proiecl or concert specific budgets are being agreed. Trustees have
reviewed the reserves policy and believe that il remains appropriate for ¥then the thre&-year rolling
planning approach is reinslaled.
Fundraising remains an important source of the charilable coff0an￿5 income. The Iruslees woukl
again like to express thanks lo the Friends. advertisers and all supporters of the choir and lo the ch￿r
members who bNtsrk so hard lo raise funds for CEFC. As in many previous years. we also thank our
patron and co4ounder John Gregson for securing the concert programme advertising for the concerts
we were able lo mount in the year.
Through¢)ut the year. the choir again maintained excelknl ￿sh fk)w and wst control based on the
artistic and other plans agreed by.the trustees and canied out by the managernenl commitiee.
Thg trustees would like to thank all ff*mbers of Ihe management cofflfflittee and the ￿lder finance
team for their supwrt and input on financial matters.
Purpose5 for whlch the charitable compan￿5 assets are held.. Our lolal restri¢ted and
unrestricled funds at 31 July 2020 We￿ £131.382 against £155.506 at 31 July 2019. A major asset of
the charitable company is ils cash at bank and in hand *thich accounted for £139,051 al 31 July 2020
1£158.862 al 31 July 2019).
Unrestricted lunds at 31 Juty 2020 of £131.382 {t149.406 at 31 July 20191 are available lo use in
furthering the charitable companls aims, in accordance with the reserves policy agreed by the
Injslees.

Crouch End F•$tival Chorus
Rep¢)rt of the trustees
For Ihe
ar endod 31 Jul 2020
Reserves: The trustees. reserves pokn'w is designed lo meet the Chaiity Commission's guidance on
reserves in ways that are..
Applicable lo CEFC'S ehalllable objectives and aims.. and
. Meaningful to CEFC'S m8mbers, funder5 and olher stakelKAders.
Definition of reseNes
Reserves comprise tsvo kinds of unrestricted funds:
1. General unrestricted funds which can be applied to any of CEFC'S aims and objectives; and
2. Desonaled unrestricted funds
any amounts that the trustees have eamiarked for a particular
use. e.g. seed funding of a new initiative.
ReseNes exclude restricted funds. These a￿ funds that the donor or fvnder has explicitty given to be
applied for a particular purpose or aim and only for that purpose or aim lor until sufficienl conditions
are agreed lo be metl, e.g. a speofic grant. fundraising for a particular commission or performance.
outreach funding. New Music Patron ffonies.
ReseNes will exclude endowTnent funds. when such lunds develop at CEFC.
Reserves polKy
The charitsble company has a dear reserves policy vthich the trustees regard as essential for sound
financial management and forward planning. Reserves a￿ the charitable compan¥s unreslrieted
fund5. Comprising both general and designated unrestn"¢ted funds.
Our pdicy requires an agreed band of reserves lo support the choirfs activities. risk profile and rolling
three-year fovward planning. The trustees revigw the reserves policy al least annually and regularly
monitor ils operation.
The agreed feseThes range or band is £70.000 10 £90,000, th Ihe aim of ending each each three-
year fornard plan wth ￿SelVeS sitting al or above the ￿Wer band level of £70,000. Our three-year
artistic planning and our annual bu(Jgeting reflects the reserves policy. The policy enables us to plan
ahead for h)ngerryr8nge projects. such as new commissions and recordings, ¥thieh typically span rTh)re
than one financial year.
The pcAicy aims lo maintain adequale *Drking ¢apilal to operate sewrely. to support our plans for the
future and provide adequate funding if unexpected events were to occur. The policy supports the
uncertainties in our funding model, assisting the management cwimittee and trustees to make
appropriate and prntjent future plans vthil8 ensuring that do not hold unrestricted funds
unnecessarily.

Crouch End Festival Chorus
Report of the trustè•s
For the
arended 31 Ju
2020
The charitable compan￿$ reserves policy is ￿eSigned to a5SiSt the trustees and management
committee in..
Keeping sufficient resources and Working capital to support the operating model, risk profile and
fotward p￿gramme, wthoul retaining exeess funds that should be applied lo charitsble purposes..
Maintaining a sufficient safety net lor the charitsble company to ￿maIn solvent and re-plan as .
necessary. should significant negative events 0￿ur..
8ringing lofward aspects of the artistic plan vthich require longer lemi planning and investment
beyond one season, such as new commissions. recordings or amkn"ts"ous programmes:
Re-planning or postponing aspects ol the artistic plan to later years rf our planning estimates or
current events result in forecast reserves being below the agreed band: and
Prompting necessary acbons lo restore the reseNes band position in an adequate timescale,
should a deterioration towards or below the lo*er band (￿Cur.
publ￿a￿On of the policy
The policy forn￿ part of CEFC'S Trustee Report in the Annual Report and Accounts. The current
reserves policy, ineluding any rewsions approved by the trustees since the Last Annual Report and
Accounts. is also published on Ihe ￿ngers. pages of the CEFC webstte.
Policy rpwew
This policy is review8d al least annually by the CEFC Iruslees. to inform three-year planning and
budgeting I￿[k. and additionally rf the trustees agree thal circumstances require it.
Dependence on key supporters: The charitable conyany is not dependent on any one source of
extemal funding.
Statement of responsibllities of the trustees
The trustees (who are also d1￿ClOr5 of the charity for the purposes of company lawl are responsible
for preparing Ihe Irustees, ￿pOrt and Ihe financial stalements in accordance with applicable law and
United Kingdom Accounting Standards. including Financial Reporting Standard 102.. The Financial
Repor1ing Siandard applicable in the UK and Republic of Irek4nd (United Kingdom Generalty Accepted
Accounting Practice).
Company law requires the trustees lo prepare financial statements for each financial year. which gNe
a Inje and fair view of the state of affairs of the charity and of the income and expenditu￿ of the
harity for that period. In preparing those financial Statements the trustees are required to..
seled suitable accounting policies and then apply them ￿nSISten￿Y',
observe the rnethods and principles ￿ the Charities SORP Istalemenl of Recommended
Practicel-
make judgements and accounting estimates Ihal are reasonable and prudent,.
state vthether applicable UK aeeounting standards and statements of recommended practice have
been folhjwed. subjoct lo any matgrial departures di5ths8d and explained in the financial
statements,. and
prepare the financial statements on the 9)ing wicem basis unkss rt is inappropriate to presume
that Ihe charity will continue in operati￿.

Crou¢h End Fo$tival Chorus
Report ol the trustees
Forthe
ar ended 31 Jul 2020
The trustees are responsible for keeping proper accounting records sthich disclose wth reasonable
accuracy at any time the financial positTron of the charity and which enable them lo ensure that the
financial statements comply v#ith the Companies Ael 2006. The Iruslees are also responsible for
safeguarding the assets of the tharity arKI hence for tsking reasonable sleps for the prevention and
detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable companws y￿bSite. Legislation in the Uniled Kingdom
governing the preparation and disseminakn'on of finanual SLqten￿nts may differ from legislation in
olherjurisdietions.
Members of the charity guarantee to Contribute an anTh)unt not exceeding £10 to the assets of th8
charity in the event of wnding up. The total number of such guarantees al 31 July 2020 was 141
12019.. 1411.The trustees are members of the charity but this entitles them onty lo votsng rights. The
trustees have no beneficial interest in the chaiity.
Independenl examinerg
Godfrey Wilson Limited were re-appointed as independent examiners lo the Charitable company
during the year and have expressed their willingness to continue in that capacrty.
Approved by the Irustees on 26 November 2020 aThJ s*Jned on their behaff by
Felioly Ford - Chair of Trustees
10

Independent examinerfs report
To the trustees of
Crouch End Festival Choru$
I report to the trustees on my examination of the accounts of Crouth End Festival Chorus {the
charitable company} for the year ended 31 July 2020. which are sel out C￿ pages 12 10 22.
Responslbilitles and basi$ of report
As the tnjslees of the charitable company {and also its directors for Ihe purposes of company law)
you are responsible for the preparation of the aecounts in a￿rdance with the requ1￿MentS of the
Companies Act 2006 ('the 2006 Acl'l.
Having satisfied myself that the accounts of the charitable eompany are not required to be audited
under Part 16 of Ihe 2006 Act and are eligible for independent examination, I report in respect of my
examination of the Charitab￿ companrfs accounts a5 C8rried out under section 145 of the Charitie5
Act 2011 I'the 2011 Acf ). In carrying out my examination I have folkywed the Directions given by the
Charity Commission under section 145(51 (bl of the 2011 Act.
Independent •xaminef s statoment
I have completed my examination. I confirm that no material matters have come to my attention in
connection wlh the examinath.on giving me cause to believe that in any malerial respect..
111 accountsng records were nol kept in respect of the charitable company as required by section
386 of the 2006 Act: or
121 the accounts do not accord w71h those records.. or
131 the accounts do not comply wth the accounting requirements of section 396 of the 2006 Act
other than any ￿quIrernent that the accounts give a 'true and fair which is not a matter
nsidered as part of an independent exarnination.. or
{4} the accounts hav& not been prepared in accordance wilh Ihe methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable lo
aribes preparing their accounts. in accordance with the F.inancial Reporting Srandard
applicable in the UK and RepuLlic of Ireland {FRS 102).
I have no concerns and have come across no other matters in connection the examination lo
which attention should be dravm in this report in ￿der to enable a proper understanding of the
accounts lo be reached.
Dale.. 30 November 2020
Alison Godfrey FCA
M8mber of the ICAEW
For and on behalf of..
Godfrey Wilson Llmited
Chartered aeeountants and ststutory auditors
5th Floor Mariner House
62 Prince Street
BristcA
8S14QD

Crouch End Festlval Chorus
Slat•ment of financial activiti•s fincorwra&ng an income and expenditure accountj
For the
ear onded 31 Ju
2020
2020
Totsl
2019
Total
Restricted Unrestricted
Note
Income from:
Donations and legacies
Charitsble aclivilies
Other trading activities
Investments
42,166
77,231
4.167
141
42,166
77.231
4.312
141
42.478
183,61J)
9,988
145
Total income
145
123.705
123.850
236.165
Exp¢nditur• on:
Raising funds
Charitable activities
345
141,529
345
147,629
2.363
177.405
6.100
Totsl expgnditure
6.100
141.874
147.974
179.768
Net income I (expenditure)
and not movement in funds
(5.9551
(18,1691 124.1241
56,397
Reconclliation of funds".
Total funds brought fojward
6.100
149,406
155,506
99,109
Total lunds carried foNard
145
131.237
131,382
155.506
All of Ihe above results are derived from conlinuing activities. There were no other recoJnised
gains or losses other than those stsled above. Movements in funds is shown in Note 15 of the
accounts.
The prior year comparatives for items comprisiThJ the nel movement of fund5 are shown mor8
fully in Note 2.
12

Crouch End Festival Chorus
Balance sheet
Asat31Ju
2020
2020
2019
Note
Flxed assets
Tangible fixed assets
30
Current a$$gts
Stock
Debtors
Cash al bank and in hand
10
394
S.852
139.051
S35
16.759
158.862
14S,297
176,156
Liabilities
Creditors.. amounts falling due %Mthin 1 year
12
13.915
20,680
N•t eurrent ass•ts
131.382
155,476
Net assets
14
131.382
155,506
Fund$
Restn'cled fvnds
Unreslricled funds
Designated funds
General funds
15
145
6,100
10.000
121,237
10,000
139.406
Total charlty funds
131.382
155.506
The directors are sa115fied that the company is entitled to exemption frorn the provisions of the
Companies Act 2006 (the Acll relaling to the audit of the financial statements for the year by virtue of
seclion 477{21, and that no member or members have requested an audit pursuant to section 476 of
the Act.
The directors acknowledge their responsibilities for.
{il ensuring thal the Company keeps proper accountirKJ records which Comply with section 386 of
the Act.. and
{iil preparing financial slalements which give a true and fair view of the state of affairs of the
Company as at the end of the financial year and of its profil or k)ss for the financial year in
accordance wth the requirements of section 393. and which otherwise comply with the
requirements of the Act relating to financial slatements. so far as applieable lo the company.
These financial ststements are prepared bn accordance with the prO￿S1On$ applicable to companies
subject lo the small companies regirne.
Approved by the trustees on 26 November 2020 and stgned on their behalf by
Felicity Ford - Chair of Trustees
13

Crouch End Festival Chorus
Notes to the financlal statements
For Ihe
earended 31 Ju
2020
Accounllng poll¢les
al Basls of preparatlon
The financial statements have been prepared in accordance with Accountsng and Reporting by
Charities.. Stalemenl of Recommended Practice applicable lo charities in preparing their
accounts in accordance with the Finanoal R8POrting Standard applicable in the UK and Republic
of Ireland {FRS 1021 (effective 1 January 20191- (Charities SORP {FRS 102)). the Financial
Reportyng Stsndard applicable in tho UK and Republ￿ of Ireland (FRS 102} and the Companies
Act 2006.
Crouth End Festival Chorus meets the definition of a public benefft entity under FRS 102. Assets
and liabilities are initially recognised al historical cost or transaction value unless otherwise
stated in the relevant aceounting policy note.
b) Going concern basis of accounting
The aecounts have been prepared on the assumption that the charity 1$ able to continue as a
going concern. However. Ihe COVIO-19 pandemic has had a profound impact on the global
economy and may in lum affect the charity. The direclors have considered the impact of this
issue on the charity's current and future financial position. The charity held Un￿trICted funds of
£133,027 and a cash balance of £139.051 al 31 July 2020. and the trustees consider that the
charity has suffEcient reserves and cash to continue as a going concern for a period of at least 12
months from the dale on which these ffinanci￿ slatements are approved.
¢) In¢om•
Incorne is recognised ¥￿en the charity has entitlement to the funds, any performance conditions
attached lo the item of income have been met. il is probable that the wicorne will be received and
the amount can be measured reliabty.
Income from grants. whether 'caprtaf grants or 'revenue' grants. is reeognised when the charity
has enb'uemenl lo the funds. any performance conditions alla¢hed lo the grants have been met.
it is probable that the income wll be receNed and the amount can bg measured r81iably and 15
not deferred.
d) Interest receivabl8
Interest ¢)n funds held on deposit is included when receivable and the amount can be measured
reliably by the charity.. this is nornially upon notification of the interest paid or payable by the
bank.
•) Funds aecounting
Unre51rieted funds are available to spend on activities that further any of the purposes of the
charity. Designated funds are unrestricted of the charity which the trustees have decided al their
diserelion to sel aside to use for a specific purpose. Restricted funds are donations which the
donor has specified are lo be solety used for particular areas of the charitls work or for specifi
projects being undertaken by the charity.
f) Expenditure and irrecovgrable VAT
Expenditure is recognised onee there is a legal or conslnJctive obligalion lo make a payment lo a
Ihird party, it is probable that settlernenl wll be required arKI the amount of the obligation can be
measured reliably. Irreeoverable VAT is charged as a cost against the activity for wknich the
expenditur8 was incurred.
14

Crouch End F•stlval Chorus
Notes to the flnanclal statements
For the ear ended 31 Ju
2020
Accountlng pollcles lcontlnued)
g) Allocatlon of support and governanu casts
Support costs are those function5 that assist the work of Ihe charity but do not directly undertakg
tharitable acliviknes. Govemance costs compnse all costs invdving the public accountability of
the charity and its compliance with regulation and good practice. These costs are alloealed in full
lo Charitable Activities in the Statement of Finartial Activities. on the basis that the majority of
resources are directed lowarts these activities.
h) Tangible fixed assets
Oeprecialion is provided at raies calculaled to vaite down Ihe cost of each asset to its estimated
residual valve over its expected useful life. The deP￿CIatiOn rale is 5 years straight line.
i) Stock
Stocks consist of rnuS￿ library and merthandise re-sale and are valued at the lower of cost or
net realisable value.
J) Debtors
Trade and other debtors are r8cognised at the settlement arnount due after any trade discount
offered. PrepayThents are valued at the arnount prepaKI net of any Irade dI$￿unts due.
kl Cash at bank and in hand
Cash at bank and cash in hand indudes cash and short term highly Itquid investments with
short matrjrity of three months or less from the dale of acquisition oi opening of the deposit or
similar a￿oUnt.
l) Cr•ditors
Creditors are recognised where the Charity has a presenl obligation resulting from a past event
that will probably result in the transfer of funds to a third paty arTrd the amount due to settle the
oblvJalion can be measured or eslimaled reliabty. Creditors are normally ￿cognised al their
settlement amount after allowing for any trade discounls due.
ml Financlal instrurn•nts
The ehanty only has financial assets and financial liabilities of a kind thal qualify as basic
financial inslrumenls. Basic financial instruments are initially r8¢ognis•d at transaction value and
subsequentiy measured al Iheir settlement value.
n) Actounting estlmates and key jud9emenls
In the application of the charitvs accountyng policies. the tnjstees are required to make
judgemen15, estimates and assumpb.ons about the carrying values of assets and liabilities that
are not readily apparent from other sources. The estimates and underfying assumptions are
based on historical experience and other factors that are consKlered lo be relevant. Actual
results may differ from these estimates.
The 8stirnates and undeflying assumptions are reviewed on an ongoing basis. Revisions lo
accounting eslimates are recognised in Ihe period in which the estimate is revised rf the revision
affeels only that period. or in the pef￿ of the revision and future periods if the revision affects
both current and future periods.
There are no key sources of estimation uncertainty th.al have a signifitsnt effect on the amounts
recognised in the financial statements.
15

Crouch End Fo$￿val Chorus
Notes lo Ihe financial statements
Forlhe
ear ended 31 Ju
2020
Prior period comparatives
2019
Totsl
Restricted Unrestricled
Incom• from:
Oonalions and legacies
Charitable activities
Other trading activities
Investments
6.100
36.378
183,600
9.813
99
42,478
183,600
9.988
99
175
Total income
6.275
229,890
236.165
Expenditure on."
Raising funds
Charitsble actiwties
2.363
177.230
2,363
177.405
175
Total expenditure
175
179,593
179.768
Net income and not movemen¢ In funds
6.100
50.297
56,397
Income from charitable adivities
2020
Total
2019
Total
Reslricted Unrestncled
Concert income
Engagemenls
PPL fees and other royaltie5
28.045
32,024
17.162
28,045
32.024
17,162
41,422
122,274
19.904
Total income from charitable activibes
77.231
77.231
183.600
All charitable activities income in the wior year was unrestricted.
Income from other trading aclivltles
2020
Total
Restricted Unrestricted
Merthandising and sales
Other member incoffle
Fundraising and events
New music patrons scheme
623
801
2.743
623
801
2,743
145
14S
Totsl income from other trading activities
145
4,167
4,312
16

Crouch End Festival Chorus
Notes to the financlal statements
For the
ear ended 31 Jul 2020
Income from other trading actlvltles (continued)
Prlor perlod comparative:
2019
Totsl
Restricted Unrestricted
Merchandising and sales
Other member income
Fundraising and gvents
Naw mU￿C patrons scheme
660
1,119
8,034
660
1,119
8.034
175
175
Totsl income from other trading activibes
175
9,813
9.988
Total expenditure
Support and
Raising Charitable governance
funds
activities
costs
2020
Total
Concert costs
External engagernents
Merchandising and sa￿S
Artistic services
Member costs
Choif promotion
ProfeS￿Onal Services
General and admin
Subscripts'ons
91.870
18,115
91.870
18.115
61
27.925
543
647
3.794
4,600
419
61
27.925
217
647
42
3.794
4,600
419
Sub-total
345
138.774
8,855
147.974
All￿ation of support and govgmance costs
8,855
Total expenditure
345
147,629
147.974
Totsl govemance costs were £3.794 (2019: £6.177).
17

Crouch End Festival Chorus
Notes to the financial statements
For the
ear ondod 31 Jul 2020
Total expenditure {contlnued}
Prlor perlod ¢omparatlve
Support and
Raising Charitable govemance
fvnds
activities
costs
2019
Total
Concert costs
Extemal engagements
Merchandising and sales
Artislie 5ervioes
Member costs
Choir promOt￿n
Professional services
General and admin
Subscriplions
103.149
31,415
103,149
31.415
361
25,059
3.459
1.024
6.177
8,723
401
361
25.059
1.416
1.024
2.002
41
6.177
8.723
401
Sub4otal
2.363
162.063
15.342
179.768
locatic￿ of support and govemance costs
15.342
15.342
Total expendhure
2.363
177.405
179.768
18

Cr¢)u¢h End F•stival Chorus
Notes to the financial statements
For the
ear ended 31 Jul 2020
6. Net movement In funds
This is slated after chargirvJ-
2020
2019
Depreciation
Trustees. ￿MUnerati(
Trustees, reimbursed expenses
Accountsnls, remuneration..
Independent examination
30
30
1,400
7. Staff costs and numbers
The charitsble company had no em￿OyeeS at any time during the year.
The key management personnel of the charitable company comprise the trustees and management
committee. No reffluneralion was paid lo key management personnel during the ye8r12019 - nill.
8. Taxation
The charitable company is exempl from Corporat¥￿ lax as all its ineome is charitatle and is applied for
charitable purposes.
9. Tangible fixed assets
' Equipment
Cost
At 1 August 2019 and 31 ju￿ 2020
551
Depreciation
Al 1 August 2019
Charg8 for the year
521
30
Al 31 July 2020
551
Net book value
At 31 July 2020
At 31 July 2019
30
10. Stock
2020
2019
Goods lor resale
394
535
19

Crouch End Fesllval Chorus
Notes to the financial statements
Forthe earended 31 Ju
2020
11. Debtors
2020
2019
Trade debtors
Other debtors
Prepayments
2.280
319
3.253
2.115
6.773
7.871
5,852
16.759
12. Cr￿lIar¥ . amounts du• within 1 y•ar
2020
2019
Trade creditor5
Accrvals
Defeffed income (note 13}
VAT
60
15,078
3.695
1,847
12,12S
1.790
13,91S
20.680
13. Deferred income
2020
2019
At 1 August 2019
Deferred income during the year
Released during the year
3,695
1.790
3.695
5,780
3.295
5,380
At 31 July 2020
1.790
3.695
Deferred income relates lo programme advertising incm and pertorman¢8 or engagement income
which relates lo fvture periods.
14. Analysis of net assets between funds
Restricted
funds
DesNJnated
funds
General
funds
Total
funds
Tangible rued assets
Current assets
Current liabilities
145
10.000
135,152
13.9151
145,297
13,915
Funds at 31 Juty 2020
145
10.000
121.237
131,382
20

Crouch End Feslival Choru5
Notes to Ihe financial stalements
Forthe
ear ended 31 Jul 2020
14. Analysls of nel assets between funds Ic¢)nllnuedl
Prior year comparatlve
Restncted
funds
DeS￿nated
funds
General
funds
Total
funds
Tangible fixed assets
Current assets
Current liabilities
30
160.056
20,680
6.100
10.000
176.156
20,680
Funds at 31 July 2019
6.100
10.000
139,406
155,506
1 S. Movem•nt In funds
Transf6rs
betsveen
funds
Al 1 August
2019
At 31 July
2020
In¢ome Expenditure
Restricted funds
Commercial Reec*ding
Projecl
New Music Patrons
6.100
16,1001
145
145
Total restricted funds
6,100
6,1¢)0
145
Unrestricted funds
Designated funds..
Special Projects
10,000
10,000
Total de&gnated funds
10,000
10.000
General funds
139.406
123.705
141.874
121.237
Total unrestrictsd funds
149.406
123.705
141.874
131.237
Totsl funds
155,506
123.850
147,974
131,382
Purposes of restricted funds
Commerc￿1 Recording Project
Money donated to partially fund the costs of a major
commercial recording project taking I￿ace in 2020.
New Mu$1¢ Patrons
Money donated to help fund commissions of new music
for the choir to perform.
Purposes of designated funds
Special Projects
Money set aside from the general re5eTve to contribute
towards the cosls of future as yel unplanned recordings
and other muskcal events.
21

Crouch End Festival Chon
Notes to the Ilnanclal statements
For the
ear ended 31 Ju
2020
1 S. Movement In funds (contlnued)
Prlor year comparative
Transfers
be￿en
funds
Al 1 August
2018
At 31 July
2019
Income
Expenditure
Re$tri¢ted funds
Commercial Rocording
Project
New Music Patrons
6.100
175
6.100
175
Total restricted funds
6.275
175
6,100
Unrgstricted lunds
Designared funds..
Special Projects
10.000
10.000
Total de&gnat8d funds
10.000
10,000
General funds
99,109
229.890 139,406
179,593
10.000
Totsl unr¢strid•d fund$
99.109
179.593
149,406
Total funds
99.109
236,16S
179,768
155,506
16. Related party tran$adions
The trustees are not aware of any ￿lated party transacti(bns during the year12019 - nil).