Internal
Banbury Choral Society – Financial Report for the 2024– 25 Season
Prepared by: Daniel Roberts, Treasurer Reporting Period: 1st September 2024 – 31st August 2025
Overview
The 2024–25 season was the strongest on record financially for Banbury Choral Society. This success is largely attributed to a rise in membership, which not only increased subscription income but also boosted ticket sales through wider engagement with family and friends.
As a general principle, the Society aims to break even across the year, with any surplus ringfenced for future concerts that may incur higher costs. This year’s surplus of £5,824.53 will be used to support:
-
More ambitious and costly future performances.
-
A well-deserved pay increase for our exceptional conductor and accompanist, whose contributions are vital to our continued success.
Concert Highlights
Christmas Concert 2024
-
Marked the final performance conducted by Jules for BCS
-
Incurred a deficit of £3,403.82 , reflecting our commitment to making this a memorable farewell
-
Generously supported by a donation from St James’ Singers in Leamington , where Jules also served as conductor
-
This donation is recorded under ‘Other Donations’ in the 2024–25 Income and Expenditure document
Internal
Spring Concert 2025
-
Our most profitable event of the season
-
Generated a surplus of £1,993.47
-
Achieved over £6,000 in ticket and programme sales , making it a true sell-out success
Summer Concert 2025
-
Raised £1,566.69 in ticket and programme sales
-
Resulted in a modest deficit of £151.96 , due to essential costs including venue hire, musicians, and conductor fees
Additional Income Streams
-
Member Donations: £909 from gifted unsold tickets
-
Top-Up Fees: £159.66 in voluntary contributions above standard subscriptions
-
Rehearsal Refreshments & Fundraising: Continued to provide valuable support
These contributions are reflected in the Donations and Legacies section of the financial documents and demonstrate the generosity and commitment of our members.
Summary
The bulk of our revenue continues to come from ticket sales and membership fees , as expected. However, the additional donations — whether through gifted tickets, top-up fees, or fundraising — play a vital role in sustaining our activities and enabling us to deliver highquality performances.
Thanks to strong membership and community support, Banbury Choral Society is in a healthy financial position and well-equipped to continue its mission of bringing beautiful and outstanding music to Banbury.
Thank you to everyone who supports BCS — your contributions make everything we do possible.
04/06/2026 20:03
Banbury Choral Society
Profit & Loss Report
Period: 01-SEP-2024 to 31-AUG-2025 Funds: All Funds
| Current Year | Prior Year | ||||
|---|---|---|---|---|---|
| Detail | Total | Detail | Total | ||
| Fund(s): All Funds | |||||
| INCOME | |||||
| 4000 CONCERT REVENUES | 13,850.49 | 10,948.09 | |||
| 4001 Programme Advertising | 35.00 | 0.00 | |||
| 4002 Coach Fee | 0.00 | 114.00 | |||
| 4025 Ticket and Programme Sales | 12,906.49 | 10,165.59 | |||
| 4029 Member donations | 909.00 | 668.50 | |||
| 4100 GIFT AID, INTEREST, CASH BACK | 1,868.44 | 3,179.79 | |||
| 4101 Gift Aid Receipt | 1,845.26 | 1,356.44 | |||
| 4115 Grants and Gifts | 0.00 | 1,800.00 | |||
| 4135 Cash Back Rec'd | 23.18 | 23.35 | |||
| 4200 REHEARSAL ACTIVITIES | 1,091.76 | 346.50 | |||
| 4201 Workshop Fees | 439.76 | 0.00 | |||
| 4202 Music Hire | 652.00 | 346.50 | |||
| 4300 DONATIONS AND LEGACIES | 5,147.96 | 669.79 | |||
| 4302 Friends Donations | 110.00 | 54.50 | |||
| 4303 Other Donations | 4,500.00 | 0.00 | |||
| 4305 Membership fee top-up (donations) | 183.66 | 87.00 | |||
| 4310 Rehearsal Refreshments | 46.50 | 0.00 | |||
| 4315 Rehearsal Fundraising | 307.80 | 528.29 | |||
| 5000 MEMBERSHIP INCOME | 11,286.00 | 9,327.50 | |||
| 5001 Membership Fees | 11,243.50 | 9,312.50 | |||
| 5002 Friends Membership Free | 42.50 | 15.00 | |||
| 6900 NON P&L RECEIPTS | 100.00 | 419.00 | |||
| 6901 Receipts in error | 100.00 | 419.00 | |||
| TOTAL INCOME | 33,344.65 | 24,890.67 | |||
| EXPENSES | |||||
| 7000 CONCERT COSTS | (15,849.35) | (10,794.37) | |||
| 7001 Refreshment Expenses | (15.00) | (44.00) | |||
| 7003 Publicity and Advertising | (298.29) | (179.38) | |||
| 7005 Transaction fees | (363.98) | (299.82) | |||
| 7006 Printing | (1,426.97) | (793.54) | |||
| 7007 PRS Frees | (161.46) | (368.28) | |||
| 7008 Organ Hire | (490.00) | 0.00 | |||
| 7009 Conductor | (1,430.00) | (1,505.00) | |||
| 7013 Soloist/Conductor Gifts | (99.99) | (133.50) | |||
| 7019 Photography | (100.00) | 0.00 | |||
| 7020 Orchestra/Musicians | (6,520.00) | (4,840.85) | |||
| 7021 Soloists | (3,593.66) | (1,430.00) | |||
| 7022 Venue Hire | (1,350.00) | (1,200.00) | |||
| 7100 RUNNING COSTS | (1,105.83) | (1,107.68) | |||
| 7101 Subscriptions | (603.48) | (686.99) | |||
| 7102 Social events - refreshments | (90.00) | (101.69) | |||
| 7104 Gifts | (115.00) | (319.00) | |||
| 7105 Postage | (8.35) | 0.00 |
Profit & Loss — Banbury Choral Society
Page 1 of2
| Current Year | Prior Year | ||||
|---|---|---|---|---|---|
| Detail | Total | Detail | Total | ||
| 7106 Insurance | (289.00) | 0.00 | |||
| 7200 REHEARSAL OVERHEADS | (10,751.52) | (10,744.43) | |||
| 7201 Postage | 0.00 | (0.99) | |||
| 7203 Professional Fees | (8,356.25) | (8,285.25) | |||
| 7204 Stationery | (32.76) | (21.49) | |||
| 7215 Printing | (18.00) | 0.00 | |||
| 7224 Music Purchases | (558.51) | (686.70) | |||
| 7228 Rehersal Room Hire | (1,786.00) | (1,750.00) | |||
| 7300 OUTREACH | (150.00) | 0.00 | |||
| 7301 Member outreach payments | (150.00) | 0.00 | |||
| 9900 NON P&L PAYMENTS | (150.00) | (263.00) | |||
| 9901 Misc receipt refunds | (100.00) | (419.00) | |||
| 9902 Donations to charitable causes | (50.00) | 0.00 | |||
| 9904 Donations not for choir | 0.00 | 156.00 | |||
| TOTAL PAYMENTS | (28,006.70) | (22,909.48) | |||
| NET PROFIT/(LOSS) FOR PERIOD | 5,337.95 | 1,981.19 |
Profit & Loss — Banbury Choral Society
Page 2 of2
04/06/2026 20:03
Banbury Choral Society Balance Sheet as at 31-AUG-2025
Funds: All Funds
| as at 31-AUG-2025 | as at 31-AUG-2025 | Prior 12 months at 31-AUG-2024 | Prior 12 months at 31-AUG-2024 | ||
|---|---|---|---|---|---|
| Detail | Total | Detail | Total | ||
| ASSETS | |||||
| SAVINGS AND INVESTMENTS | 0.00 | 0.00 | |||
| FIXED ASSETS | 0.00 | 0.00 | |||
| CASH AT BANK AND IN HAND | 13,682.52 | 8,344.57 | |||
| Awaiting payment | 0.00 | 0.00 | |||
| Banbury Choral Society | 13,004.02 | 8,316.21 | |||
| Cash Account | 678.50 | 28.36 | |||
| Float | 0.00 | 0.00 | |||
| Non-Cash Account (eg gift cards) | 0.00 | 0.00 | |||
| OTHER ASSETS | 0.00 | 0.00 | |||
| DEBTORS-*DEBTORS | 0.00 | 0.00 | |||
| TOTAL ASSETS | 13,682.52 | 8,344.57 | |||
| LIABILITIES | |||||
| CURRENT LIABILITIES | 0.00 | 0.00 | |||
| *CREDITORS | 0.00 | 0.00 | |||
| TOTAL NET ASSETS @ 31-AUG-2025 | 13,682.52 | 8,344.57 | |||
| REPRESENTED BY FUNDS | |||||
| Christmas 2024 | 1,279.27 | 5,271.76 | |||
| Friends | 527.50 | 500.00 | |||
| General Fund | 7,225.75 | 272.81 | |||
| Outreach | 2,850.00 | 500.00 | |||
| Spring 2025 | 1,800.00 | 1,800.00 | |||
| LONG-TERM LIABILITIES | |||||
| TOTAL FUNDS BALANCE @ 31-AUG-2025 | 13,682.52 | 8,344.57 |
Balance Sheet — Banbury Choral Society
Page 1 of1
Charity No. 1132092
Banbury Choral Society
Income and Expenditure
and financial position
for the Year Ended 31 August 2025
BCS 202531/03/2026
Charity No. 1132092
Banbury Choral Society
Income and Expenditure
and financial position
for the Year Ended 5th April 2025
Schedule of contents
| Schedule of contents | |
|---|---|
| Independent Examiner’s Report Financial position Income and Expenditure |
Page |
| 1 2 3 |
BCS 202531/03/2026
Charity No. 1132092
Independent Examiner’s Report to the Trustees of Banbur Choral Societ y y
I report to the charity trustees on my examination of the accounts of Banbury Choral Society for the year ended 31 August 2025.
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charity Commission for England and Wales.
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Charities Act 2011 and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of that Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: ________
Name: Les Haynes – Chartered Accountant
Address: 30 Kemps Rd, Twyford, Banbury, Oxon
Date: 31 March 2026
1
BCS 202531/03/2026
Charity No. 1132092
Banbury Choral Society
Statement of financial position
As at 31 August 2025
| Current assets Bank Building Society Current Liabilities Trade creditors & accruals Net current assets Net assets Represented by Funds Christmas 2024 Friends General Fund Outreach Spring 2025 |
2025 £ £ 13,004 679 13,683 0 0 13,683 £ 13,683 1,279 528 7,226 2,850 1,800 £ 13,683 |
2024 £ £ 8,316 29 8,345 0 0 8,345 £ 8,345 5272 500 273 500 1800 £ 8,345 |
|---|---|---|
2
BCS 202531/03/2026
Charity No. 1132092
- - Income & Expenditure Account Banbury Choral Society Year Ended 31 August 2025
| 2025 | 2025 | 2024 | 2024 | |
|---|---|---|---|---|
| INCOME | ||||
| 4000 CONCERT REVENUES | 13,850 | 10,948 | ||
| 4001 Programme Advertising | 35 | 0 | ||
| 4002 Coach Fee | 0 | 114 | ||
| 4025 Ticket and Programme Sales | 12,906 | 10,166 | ||
| 4029 Member donations | 909 | 669 | ||
| 4100 GIFT AID, INTEREST, CASH BACK | 1,868 | 3,180 | ||
| 4101 Gift Aid Receipt | 1,845 | 1,356 | ||
| 4115 Grants and Gifts | 0 | 1,800 | ||
| 4135 Cash Back Rec'd | 23 | 23 | ||
| 4200 REHEARSAL ACTIVITIES | 1,092 | 347 | ||
| 4201 Workshop Fees | 440 | 0 | ||
| 4202 Music Hire | 652 | 347 | ||
| 4300 DONATIONS AND LEGACIES | 5,148 | 670 | ||
| 4302 Friends Donations | 110 | 55 | ||
| 4303 Other Donations | 4,500 | 0 | ||
| 4305 Membership fee top-up (donations | 184 | 87 | ||
| 4310 Rehearsal Refreshments | 47 | 0 | ||
| 4315 Rehearsal Fundraising | 308 | 528 | ||
| 5000 MEMBERSHIP INCOME | 11,386 | 9,747 | ||
| 5001 Membership Fees | 11,244 | 9,313 | ||
| 5002 Friends Membership Free | 43 | 15 | ||
| 6900 NON P&L RECEIPTS | 0 | 0 | ||
| 6901 Receipts in error | 100 | 419 | ||
| TOTAL INCOME | 33,345 | 24,891 | ||
| EXPENSES | ||||
| 7000 CONCERT COSTS | (15,849) | (10,794) | ||
| 7001 Refreshment Expenses | (15) | (44) | ||
| 7003 Publicity and Advertising | (298) | (179) | ||
| 7005 Transaction fees | (364) | (300) | ||
| 7006 Printing | (1,427) | (794) | ||
| 7007 PRS Frees | (161) | (368) | ||
| 7008 Organ Hire | (490) | 0 | ||
| 7009 Conductor | (1,430) | (1,505) | ||
| 7013 Soloist/Conductor Gifts | (100) | (134) | ||
| 7019 Photography | (100) | 0 | ||
| 7020 Orchestra/Musicians | (6,520) | (4,841) | ||
| 7021 Soloists | (3,594) | (1,430) | ||
| 7022 Venue Hire | (1,350) | (1,200) | ||
| 7100 RUNNING COSTS | (1,106) | (1,108) | ||
| 7101 Subscriptions | (603) | (687) | ||
| 7102 Social events - refreshments | (90) | (102) | ||
| 7104 Gifts | (115) | (319) | ||
| 7105 Postage | (8) | 0 | ||
| 7106 Insurance | (289) | 0 | ||
| 7200 REHEARSAL OVERHEADS | (11,052) | (11,007) | ||
| 7203 Professional Fees | (8,356) | (8,285) | ||
| 7204 Stationery | (33) | (22) | ||
| 7215 Printing | (18) | 0 | ||
| 7224 Music Purchases | (559) | (687) | ||
| 7228 Rehearsal Room Hire | (1,786) | (1,750) | ||
| 7301 Member outreach payments | (150) | 0 | ||
| 9901 Misc receipt refunds | (100) | (419) | ||
| 9902 Donations to charitable causes | (50) | 0 | ||
| 9904 Donations not for choir | 0 | 156 | ||
| TOTAL PAYMENTS | (28,007) | (22,909) | ||
| NET SURPLUS FOR PERIOD | 5,338 | 1,981 |
3
BCS 202531/03/2026