Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Company registration number". 0586J566
Chariiy registration number.. 1115582
Manchester Chamber Concerts Society
(A covnpany limited by guarantee)
Annual Report and Financial Statements
for the Year Ended JO April 2024
Mike Ben50n
Murray Smith LLP
Darland House
44 Winnington Hill
NOrth￿.1¢h
Cheshire
CW8 IAU

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Contents
Reference and Administrative Details
Trustees, Report
2to4
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8t0 15

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Reference and Administrative Details
Truslees
Vivien Chasey
Gordon Levy
Wilfred Stokes (deceased 7 September 2023)
Janis Stout
Isabel Morris (appointed l J November 202J)
Andrew Kyle (appointed l ) Novetnber 2023)
Registered Otrice
Suite 5, 4th Floor
J Universal Square
Devonshire Street North
Manche5teT
MI? 6JH
The charity is incorporated in England and Wales.
0586i566
Company Registration Iyumber
Charity Registration Number
1115582
Independent Examiner
Mike Benson
Murray Smith LLP
Darland House
44 Winninoton Hill
Nonhwich
Cheshire
CW8 IAU
Page I

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Trustees, Report
The trustees, who are directors for the puryjoses of company law. present the annual report together with the
financial statements of the charitable company for the year ended )0 April 2024.
Objectives and activities
Objec15 and aim5
The Charity's objects are to educate the public in the arts and sclences and in particular the art and science of
music, by the presentation of concerts and other aclivities. This activity was taken over from its predecessor
organisation, Manchester Chamber Concerts Society, which had flourished as an unincorporated association for
69 years.
The policy adopted in furtherance of these objects is to present annually a series of concerts of chamber music at
The Stoller Hall at Chetham's School of Music. in Manchester. at which ensembles of intemational repute
perfonn. There has been no change in this policy during the year.
The aims of ihe Charity are to ensure thai the objects are met with the highest possible standard of chamber
music within the Society's funds and made available to a wide appreciative audience.
Objeclives, 51ralegie5 and activitie5
The trustees and artistic director ensure that there are sufficiently high calibre concerts in the season and that the
Society has sufficient funds to pay for a varied and interesting season which is accessible. The strategy for
achieving the objectives is for the artislic direcior to plan and book the artists well ahead (at least one full year)
and to advertise the season well in advance. The truslees have paid due regard to guidance issued by the Charity
Commission in deciding what activilies the charity should undertake. There were eight chamber concerts
scheduled for the 202J-2024 season. These concerts lake place at The Stoller Hall at Chetham's School of
Music, in Manchester.
Public benefit
The trustees confirni that they have complied with the requirements of section 4 of the Charities Act 201 I to
have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
Policy on reserves
Part of the 5ucce55 of the Manchester Chatnber Concerts Society is that performers of the highest calibre are
invited to its series of concerts at the Stoller Hall. However. the risk. as noted above, is that with a 2 year
planning cycle, the Society needs to contract for these concerts in advance of selling ticket5. The Trustees
therefore consider that the Society, s reserve5 should be maintained at a level to provide stability to preserve the
quality of the concerts: taking into account this risk and a particularly difficult and uncertain economic climate
for the arts, post Covid-19. The Society s ￿serVeS of £61,9J5 are available to be drawn down when needed.
Going concern
The Charity has adequate reserves to see it through the next Couple of }iears. The trustees can report that the
2023-2024 Season took place at The Stoller Hall ai Chetham's School of Music. in Manchester.
Page 2

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Trustees, Report
Principal risks
Objeclives andpolicies
The charity's activities expose it to a number of flnancial risks including credit risk, cash flow risk and liquidity
risk. The use of financial derivatives is governed by the charity"s policies approved by the board of trustees,
which provide I￿Illen principles on the use of financial derivatives to manage these risks. The charity does not
use derivative financial instruments lor Speculative purpose5.
The trustees have asse55ed the major risks to which the charity is expose& and are satisfied that systems are in
place to mitigate exposure to the major risks. The priTJcipal risk to which the society 15 exposed arise5 from the
need to contract for the concerts in advance of selling tickets for those concerts. This risk is managed by Setting
a budget for the season's costs and ensuring that the Societ)- s reserves are at least equal to the costs of the
season. In addition. the Society promotes the concerts by mailings. leaflets and advertising, including the
maintenance of a website, Nvww.¢hamberconcerts.org . Supporters of the concerts also donate monies to the
Society. These enable the Society to provide free and subsidised tickeis for students to enable them to
experience live chamber music.
Cashflow risk
The charity's activities expose it primarily to the financial risks of Changes in foreign currency exchange rates
and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge
these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensu￿ certainty of cash flows.
Credit risk
The charity's principal financial assets are bank balances and cash. trade and other receivables. and investi￿ents.
The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance
sheet are net of allowances for doubtful receivables. An allowance for impainnent is made where there is an
identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid funds and derivative financial inslrnments is limited because the counterparties are
banks with high credit-ratings assigned by inlemaiional credil-raling agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large number of
counterparties and customers.
Liquidity risk
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future
developments, the charity uses a mixture of long-tenn and short-terni debt fmance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial
statements.
The trustees (who are also the directots of Manchester Chamber Concerts Society. for the purposes of company
law) are responsible for preparing the trustees, report and the financial statements in accordance with the United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law
and regulations.
Company law requires the trustees to prepare financial 5tatetnents for each financial year. Under company law
the trustees must not approve the financial staiements unless the}1 are satisfied that they give a true aTJd fair view
of the state of affairs of ihe charitable compan), and of its incoming resources and application of resources,
including its income and expenditure, for that peri(Kl. In preparing these financial staiements, the trustees are
required to:
select suitable accounting policie5 and apply them consistently-
Page i

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Trustees, Report
Slatemenl of Trustees, Responsibilities
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained in the financial statements- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
chariiable company will continue in business.
The triistees are responsible for keeping adequate accounting records that are Sufficient to Show and explain the
charitable company'5 transactions and disclose with reasonable accurac), at any tiine the financial position of the
charitable company and enable them to ensure that the financial stateinents coinply with the Companies Act
2006. They are also responsible for safeguarding the a55ets ol the charitable company and hence for taking
reasonable steps for the prevention and detection of frdud and other irregularities.
The annual report was approved by the trustees of the charity on 28 January 2025 and signed on its behalf by:
Docusillned
034GF076FWF..:............
Gordon Levy
Trustee
Page 4

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Independent Examiner's Report to the trustees of Manchester Chamber Concerts
Society
I report on the accounts of the charity for the year ended )0 April 2024 which are set out on pages 6 to 15
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the
preparation of the accounts. The trustees consider that an audit 15 not required for this year under section 144(2)
of the Charities Act 2011 (the ?0 I l Act) and that an independent examination is needed.
Having satisfied myself that the charity is not Subject to audit under company law and 15 eligible for independent
examination. it is my responsibility to-
examine the accounts under section 145 of the 201 l Act-
to follow the procedures laid do￿1 in the general Directions given by the Charity Commission under section
145(5)(b) of the 2011 Ad; and
to state whether particular matter5 have come to my attention.
Basis of independent examiner's report
My examination Nvas carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes considerdtion of any unusual items or disclosures in the
accounts, and seeking explanations from you as trustees conceming any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is
given as to whether the accounts present a "true and fair view, and the report is limited to those matters set out
in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention"
( l ) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006- and
to prepare accounts ￿'hICh accord with the accounting records. comply with the accounting requirements
of section J96 of the Companies Act 2006 and with the methods and principles of the Statement of
Recommended Practice.. Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
to be reached.
74W45B30B444.
Mike Benson
Murray Smith LLP
Darland House
44 Winnington Hill
Northwich
Cheshire
CW8 IAU
28 January 2025
Page 5

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Statement of Financial Activities for the Year Ended 30 April 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Total
2024
Note
Ineome and Endowments from:
Donations and legacies
Investment income
25,833
2.981
25,833
2,981
Total Income
28,814
28,814
Expenditure on:
Charitable activities
(52,757)
(52,757)
Total Expenditure
(52,757)
(52,757)
Net expenditure
(23,94J}
(23,943)
Net movement in funds
(23,943)
(23,943)
Reconciliation of funds
Total funds brought forward
85,878
85,878
Total funds carried forward
61,935
Total
2023
Unrestricted
funds
Note
Income and Endowments from:
Donations and legacies
Investment income
21,528
1,682
21,528
1,682
Total Income
23,210
23,210
Expenditure on:
Charitable activitie5
(56,831)
(56,831)
Total Expenditure
(56,831)
(56,831)
Net expenditure
(J3.621}
(J3,621)
Net movement in funds
(J3.621}
(J3,621)
Reconeiliation of funds
Total funds brought fon¥ard
119,499
119,499
Total funds carried forward
13
85,878
85,878
All of the charity's activi(ies derive from continuing operdtions during the above two periods.
The funds breakdown for 2023 is Sho1￿ in note 13.

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
(Registration number: 05863566)
Balance Sheet as at 30 April 2024
2024
2023
Note
Fixed assels
Tangible assets
Current assets
Cash at bank and in hand
63,265
86,149
Creditors: Amounts falling due wilhin one year
12
{1,331)
(272)
Net current assets
85,877
Net assets
85,878
Funds of the charity:
Unrestricted income funds
Unrestricted funds
61,935
85,878
Total funds
13
85,878
For the financial year ending JO April 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the charity to obthin an audit of its accounts for the year in question in
accordance with Section 476- and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the Provisions applicable to companies subject to the
small companie5 regime.
The financial 5tatement5 on pages 6 to 15 were approved by the trustee5, and auth0ri5ed for 155ue on 28 January
2025 and signed on their behalf by:
Docusillned ty..
Gordon Le￿Y
Trustee
Page 7

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
I Charity status
The charity is a charity limited b). guardntee and consequently does not have share capital. Each of the trustees
is liable to contribute an amount not exceeding £ I toivards the assets of the charity in the event of liquidation.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparaiion of these financial slalements are set out below.
These policies have been consistently applied to all the years presente<L unless othenvise stated.
Slatemenl of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Praclice applicable lo charities preparing their accounts in accordance wlth the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Charilies SORP {FRS 10?)). the Financial Reporting Siandard applicable in the UK and Republic of
Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Manchester Chamber Concerts Society meets the defjnition of a public benefit entity under FRS 102. Assets and
liabilities are initiallv recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
Going concern
The trustees consider that there are no material UTJcertainties about the charity's ability to continue as a going
concern nor any significant areas oluncertainty that affect the carying value of assets held by the charity.
Exemption from preparing a eash flow statement
The charity has taken advantage of the provisions in the SORP for charitie5 applying FRS 102 Update Bulletin I
not to prepare a Statement of Cash Flow5.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be MeaSu￿d reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the aTnount and settlement date.
In the event that a donation is subject to condilions that require a level of perforn)ance by the charity before the
charity is entitled to the funds: the income is deferred and not ￿COgnised until either those conditions are fully
met, or the fulfilmeni of those conditions is M'holly within the control of the charit), and it is probable that these
conditions will be fulfilled in the reporting period.

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
Expendilure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregale similar costs to that calegory. Where costs cannot be directly attributed to
particular headings they have been allocated on a basls consislent with the use of resources, with central staff
costs allocated on the basis of time spenl. and deprecialion charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Charilable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activilies and those costs of an
indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charitv's compliance m-.ith constitutional and statutory requirements,
including audit, strategic management and trustees, meetings and reimbursed expenses.
Taxation
The charity is considered to pass the frsts set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corpordtion tax purpose5. Accordingly, the
charity is potentially exempt froTn taxation in respect ol income or capital gains received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act ?0 l O or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed a55ets costing £0.00 or tnore are initially recorded at C05L le55 any subsequent accumulated
depreciation and subsequent accumulated impaimlent losses.
Depreciation and aTllOrtisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follom's:
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and oiher short-tenm highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Page 9

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
Borrowings
Interest-bearing borrowings are inilially recorded at fair value. net of transaction costs. Interest-bearing
borrowings are subsequentl). carried at amortised cost. with the dlfference between the proceeds. net of
transaction cosls. and the amoLmt due on redemption being recobmlsed as a charge to the Statement of Financial
Activities over the period of the relevani borrO￿'1ng.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance
of the objectives of the charity.
Financial instruments
Classification
Financial assets and financial liabilities are re¢ognised when the charity becomes a party to the contractual
provisions of the instrument.
Financial liabilities and equity instnllnents are classified according to the substance of the contractual
arrangements entered into. An equity instrumenl is any contrdct that evidences a residual interest in the assets of
the charity after deducting all of its liabilities.
Recognilion and measuremenl
All financlal assets and liabilities are initially measured at transaction price (including transaction costs), except
for those financial assets classified as at fair value through profit or loss, which are initially measured at fair
value (which is nornially the transaclion price excluding trdnsaction costs). unless the arrangement constitutes a
financing transaction. If an arrangemenl constitules a financing transaction. the financial asset or financial
liability is measured at the present value of the fuiure pavments discounted at a market rate of interest for a
similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there
exists a legally enforceable riJo t to set off the recognised amounts and the charity intends either to settle on a
net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecodiised when and only when a) the contractual rights to the cash flows from the
financial asset expire or are settle(L b) the charity transfers to another party substantially all of the risks and
rewards of owTrership of the financial asset: or c) the charity. despite having retained 50Tne, but not all,
significant risks and rewards of ownership, ha5 transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract 15 discharged, cancelled
or expires.
Page 10

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
Debl instruments
Debt instrumenis ￿'hICh meet the folloiying conditions are subsequently measured at amortised cost using the
effective interest method:
(a) The contractual retum to the holder is (i) a fixed amounl- {ii) a positive r￿ed rdte or a positive variable rate;
or (iii) a combination of a positive or a negative fixed rdte and a positive variable rdte.
(b) The contract may provide for repaymenls of the principal or the return to the holder (but not both) to be
linked to a single relevant observable index of general price inflation of the currency in which the debt
instrument is denominate(( provided such links are not leverdged.
(c) The contract may provide for a deterniinable variation of the return to the holder during the life of the
instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future
events other than ( l) a change of a contractual variable rate- (2) to protect the holder against credit deterioration
of the issuer- (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law;
or (li) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could. by its tern15. result in the holder105ing the principal amount or
any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or pennit the holder to put it back to
the issuer before maiurity are not contingent on fulure events. other than to protect the holder against the credit
deterioration of the issuer or a change in control of the issuer. or lo protect the holder or issuer against Changes
in levies applied by a ceniral bank or arising from changes in relevant taxation or law.
(fj Contractual provisions may pennit the extension of the terni of the debt instrumenl. provided that the retum
to the holder and any other contractual provisions applicable during the extended tem) satisfy the conditions of
paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable M'ithin one year on initial recognition and which
meet the above conditions are measured at the undiscounled amount of the cash or other consideration expected
to be paid or received. net of impainnent.
With the exception of some hedoing instruments. other debt instruments not meeting these conditions are
measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost
(which may be nil) less impainnent.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares
are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss.
IWl]ere fair value cannot be measured reliably, investments are measured at cost less impairnient.
Investments in 5ub5idiarie5 and associates are measured at cost le55 impairnient. For investments in subsidiaries
acquired for consideration including the i55ue of share5 qualifying for merger relief, c05t is measured by
reference to the nominal value ol the shares i55ued plus fair value of other consideration. Any premium is
ignored.
Pagell

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
Derivalivefinancial in51ruments
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate
movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognlsed at fair value at the date a derivative conlract is entered into and are
subsequently remeasured to their fair value at each reporting dale. The resulting gain or loss is recognised in
statement of financial activiiies immedialely unless ihe derivative is designaled and effective as a hedging
instrument, in which event the liming of the recognition in statement of financial activities depends on the
nature of the hedge relationship.
Fair value measuremenl
The best evidence of fair value is a quoted price for an idenlical asset in an active market. When quoted prices
are unavailable. the price of a recent transaction for an identical asset provides evidence of fair value as long as
there has not been a significant change in economic circumstances or a significant lapse of time since the
transaction took place. If the market is not active and recent transactions of an identical asset on their own are
not a good estimate of fair value. the fair value is estimated by using a valuation technique.
3 Income from donations and legacies
Unrestricted
funds
Total
2024
Total
2023
General
Donations and legacies.
Donations from individuals
21,528
21,528
4 Income from charitable activities
Total
2024
5 Inveslment income
Unrestricted
funds
Total
2024
Total
2023
General
Interest receivable and similar income;
Interest receivable on bank deposits
2,981
2,981
1,682
Page 12

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
6 Expenditure on charitable activities
ActiTr itv
undertaken
directly
Tot21
2024
Total
2023
Sales commission
Perfonning rights society fees
Artists, fees
Hall and piano hire
Printing, advertising, promotion and website
Insurance
Consultancy
Subscriptions
1.550
.679
33.000
12,792
1.550
1.679
1,292
1,050
35,420
12,828
1,547
46
4,400
200
12,792
79
2.100
298
79
2,100
298
52,691
£52,757 (202) - £56,8J l) of ihe above expenditure was attributable to unrestricted fimds and £Nil (202) - £Nil)
to restricted funds.
In addition to the expenditure analysed above. there are also governance costs of £66 (202J
directly to charitable activities. See note 7 for fillther details.
£48) which relate
7 Analysis of governance and sUPPOrt Costs
Governance costs
Unrestricted
funds
Tot21
2024
Total
2023
General
Legal fees
66
66
48
66
66
48
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the
year.
Page li

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
9 Staff costs
The monthly average number of persons (including senior management team) employed by the charity during
the year was as follow5..
2024
2023
Average number of employees
No employee received emoluments of more than £60,000 during the year.
10 Taxalion
The charily is a registered charity and is therefore exempt from taxation.
I l Tangible fixed assets
Furnilure and
equipment
Total
Cost
At l May 2023
574
574
At 30 April 2024
574
574
Deprecialion
At l May 202J
At JO April 2024
573
573
Net book value
At 30 April 2024
At 30 April 202)
12 Creditors: amounts falling due wilhin one year
2024
2023
Other creditor5
Accruals
1,318
13
259
272
Page 14

Docusign Envelope ID.. 8A28D17F-8ECA4415-A71 F-OF32389AF394
Manchester Chamber Concerts Society
Notes to the Finaneial Statements for the Year Ended 30 April 2024
13 Funds
Balance at I
Mav 2023
Incoming
resourees
Resources
expended
Balance at 30
April 2024
Unrestricted funds
General
(85,878)
(28,814)
52,757
(61,935)
Balanee at I
May 2022
Incoming
resourees
Resources
expended
Balance at 30
April 2023
Unrestricted funds
General
(119.499)
(2i,210)
(85,878)
14 Analysis of net assets between funds
Unrestricted
fund5
General
Total funds
Tangible flxed assets
Current assets
Current liabilities
63,265
(1,3J2)
Total net assets
61,934
15 Analysis of net fund5
Ai l May 2023
Cash flow
At 30 April 2024
Cash at bank and in hand
86,149
(22,884)
63,265
Net debt
86,149
(22,884)
63,265
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