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