(HARITY COMMISSION
| FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner'5 Report
Report to the trustees
Platinum Choral Foundation
On accounts for the year
ended
31 December 2024
Charity no
(if any)
1146715
Set out on pages
I report to the trustees on my examination of the acGounts of the above
charity (llhe Trust.) for the year ended 3111212024.
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
('the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Independent I have completed my examination. I confinn that no material matters have
examinerfs statement come to my attention in connection with the examination (other than that
disclosed below ") which gives me cause to believe that in, any material
respect:
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no COn￿rnS 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.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
2310512025
Name:
Louise Ruane
Relevant professional
qualification(s) or body
{if any):
FCCA
AddreGG:
Pear Tree Cottage, Yarrington Road, A ￿rick, Worc8, WR6 SEX
IER
Oct 2018

Section B
Disc105ure
Only comp￿ete if the examiner needs to highlight material matters of concern
(see GC32, Independent examination of charity accounts: directions and
guidan￿ for examiners).
Give here brief detsils of
any items that the
examiner wishes to
disclose.
IER
Oct 2018

## **REGISTERED COMPANY NUMBER: 7893048 (England and Wales) REGISTERED CHARITY NUMBER: 1146715** 

**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024 FOR THE PLATINUM CHORAL FOUNDATION LIMITED** 



**THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

||Page|
|---|---|
|Report of the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4-5|
|Detailed Statement of Financial Activities|6|





## **THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 January 2024 to 31 December 2024.  The trustees have adopted the provisions of the Statement of Recommended P ractice (SORP) ‘Accounting and 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Registered Company number 7893048 (England and Wales) 

**Registered Charity number** 1146715 

## **Registered office** 

13 Callows Orchard Rushwick Worcester WR2 5GU 

## **Trustees** 

Ms A V Foster - appointed 28.12.11 Mrs C Daffern - appointed 28.12.11 Mrs R Kinmont - appointed 20 12 23 

## **Company Secretary** 

Mrs C Daffern 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **ON BEHALF OF THE BOARD** 

Mrs C Daffern Trustee 

Date: 25[th] February 2025 

Page 1 



## **THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

|**INCOMING RESOURCES**<br>**Incoming resources from**<br>**generated funds**<br>Voluntary income<br>Generated income<br>Investment income<br>**Total incoming resources**<br>**RESOURCES EXPENDED**<br>Costs of generating voluntary income<br>Charitable activities<br>Governance costs<br>**Total resources expended**<br>**NET INCOME RESOURCES**<br>**TOTAL FUNDS BROUGHT**<br>**FORWARD**<br>**TOTAL FUNDS CARRIED**<br>**FORWARD**|Unrestricted<br>funds<br>£<br>13,783<br>10,066<br>0<br>23,849<br>307<br>19,979<br>0<br>20,286<br>3563<br>12,653<br>16,216|Restricted<br>funds<br>£<br>4,224<br>15,166<br>0<br>19,390<br>0<br>19,390<br>0<br>19,390<br>0<br>0<br>0|2024<br>Total<br>Funds<br>£<br>18,007<br>25,232<br>0<br>43,239<br>307<br>39,369<br>0<br>39,676<br>3563<br>12,653<br>16,216|2023<br>Total<br>funds<br>£<br>31,028<br>0<br>0|
|---|---|---|---|---|
|||||31,028<br>0<br>23,217<br>100|
|||||23,317|
|||||7,711|
|||||4,942|
|||||12,653|



The notes form part of these financial statements Page 2 



## **THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **BALANCE SHEET AT 31 DECEMBER 2024** 

|||||2024|2023|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|Funds|funds|
|||£|£|£|£|
||Notes|||||
|**CURRENT ASSETS**||||||
|Debtors|3|0|0|0|0|
|Cash at bank||16,216|0|16,216|12,653|
|||16,216|0|16,216|12,653|
|**CREDITORS**||||||
|Amounts falling due within one year|4|0|0|0|0|
|**NET CURRENT ASSETS**||16,216|0|16,216|12,653|
|**TOTAL ASSETS LESS CURRENT**||16,216|0|16,216|12,653|
|**LIABILITIES**||||||
|**PROVISION FOR LIABILITIES**|5|0|0|0|0|
|**NET ASSETS**||16,216|0|16,216|12,653|
|**FUNDS**||||||
|Unrestricted funds|6|16,216|0|16,216|12,653|
|Restricted funds||0|0|0|0|
|**TOTAL FUNDS**||16,216|0|16,216|12,653|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024. 

The members have not required the charitable company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for: 

- a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable company. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008). 

The financial statements were approved by the Board of Trustees on 25[th] February 2025 and were signed on its behalf by: 

Mrs C Daffern Trustee 

The notes form part of these financial statements Page 3 



**THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

## **1. ACCOUNTING POLICIES** 

## **Accounting convention** 

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

## **Incoming resources** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Resources expended** 

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relating to the category.  Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2.** 

2024. 

2024. 

## **3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** 

|Other debtors<br>**4.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other creditors<br>**5.**<br>**PROVISIONS FOR LIABILITIES**<br>Provisions<br>Members Guarantee|2024<br>£<br>0<br>2024<br>£<br>0<br>2024<br>£<br>0<br>0<br>0|2023<br>£<br>0|
|---|---|---|
|||2023<br>£<br>0|
|||2023<br>£<br>0<br>0<br>0|



The notes form part of these financial statements Page 4 



**THE PLATINUM CHORAL FOUNDATION LIMITED** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

## **6. MOVEMENT IN FUNDS** 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Other fund<br>**TOTAL FUNDS**<br>Net movement in funds, included in the above are as<br>follows:<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Other fund<br>**TOTAL FUNDS**|At<br>1.1.24<br>£<br>12,653<br>0<br>12,653<br>Incoming<br>resources<br>£<br>23,849<br>19,390<br>43,239|Net<br>movement<br>in funds<br>£<br>3563<br>0<br>3563<br>Resources<br>expended<br>£<br>20,286<br>19,390<br>39,676|At<br>31.12.24<br>£<br>16,216<br>0|
|---|---|---|---|
||||16,216|
||||Movement<br>in funds<br>£<br>3563<br>0|
||||3563|



The notes form part of these financial statements Page 5 



**THE PLATINUM CHORAL FOUNDATION LIMITED** 

**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 JANUARY 2024 TO 31 DECEMBER 2024** 

|**INCOMING RESOURCES**<br>**Voluntary income**<br>Donations<br>**Generated income**<br>Ticket sales<br>Chorister Programme<br>**Investment income**<br>Deposit account interest<br>**Total incoming resources**<br>**RESOURCES EXPENDED**<br>**Costs of generating voluntary income**<br>Sundries<br>**Charitable activities**<br>Grants to institutions<br>Schools workshops<br>Concert Hall/Musicians/Projects<br>Chorister Programme<br>**Governance costs**<br>Insurance<br>Accountancy<br>**Support costs**<br>**Management**<br>Postage and stationery<br>Advertising<br>**Total resources expended**<br>**Net income**|2024<br>£<br>18,007<br>10,066<br>15,166<br>0<br>43,239<br>307<br>0<br>0<br>22,977<br>16,392<br>39,676<br>0<br>0<br>0<br>0<br>0<br>0<br>39,676<br>3,563|2023<br>£<br>17,937|
|---|---|---|
|||13,091<br>0<br>0|
|||31,028<br>0<br>270<br>0<br>22,947<br>0|
|||23,217<br>0<br>100|
|||100<br>0<br>0|
|||0<br>23,317<br>7,711|



The notes form part of these financial statements Page 6