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2021-12-31-accounts

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The Military Wives Choirs Foundation

Year Ended: 31 December 2021

Registered Charity Numbers: England and Wales (1148302) and Scotland (SCO45217) Registered Company Number: 08089745 (A Company Limited by Guarantee)

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The Military Wives Choirs Foundation

REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021

CONTENTS

**1. ** CHARITABLE COMPANY INFORMATION 2
**2. ** TRUSTEES’ REPORT 3
2a REPORT OF Chair of Trustees 3
2b Statement of Trustees Responsibilities 7
**3. ** INDEPENDENT AUDITOR’S REPORT 9
**4. ** STATEMENT OF FINANCIAL ACTIVITIES 14
**5. ** STATEMENT OF FINANCIAL POSITION 15
**6. ** NOTES TO THE ACCOUNTS 16

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Charitable Company Information

REGISTERED COMPANY NUMBER 08089745

REGISTERED CHARITY NUMBERS

England and Wales: 1148302 Scotland: SCO45217

REGISTERED OFFICE

Queen Elizabeth House, 4 St Dunstan’s Hill, London, EC3R 8AD

PROFESSIONAL ADVISERS

Auditor:

Moore Kingston Smith

9 Appold Street London, EC2A 2AP

Solicitors:

Withers LLP 16 Old Bailey London EC4M 7EG

Bankers:

Coutts & Co 440 The Strand London WC2R 0QS

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The Military Wives Choirs Foundation

TRUSTEES’ REPORT

CONSTITUTION

The Military Wives Choirs Foundation (‘the MWCF’) was incorporated as a company limited by guarantee on 30 May 2012, and it is governed by its memorandum and articles. The Foundation was registered as a charity with the Charity Commission in England and Wales on 25 July 2012 and as a charity with the Office of the Scottish Regulator on 5 November 2014.

TRUSTEES

The Trustees, who are also the Foundation’s Directors, are:

K Bushell J Cetti Vice Chair E Grant J Green B Johnson S Jordan (resigned 23 September 2021) B Morgan M Pedder Chair K Price Treasurer C Rowcliffe (appointed 22 July 2021) R Stringfellow Vice Chair

None of the directors had any interests in the Company

1. Report of the Chair of Trustees

1.1. Achievements and Performances

The pandemic continued to impact the behaviours of the choir network, which saw a mix of continuing virtual rehearsals with in-person rehearsals and some performances later in the year.

The single biggest achievement for the network was the continuation of all of the 73 choirs that entered lock-down. It is a testament to the energy of our choir committee volunteers that every choir was able to return to full rehearsal.

2021 saw a return of the Musical Directors workshop. Held in person, the network’s 73 freelance musical directors were able to access in person or virtually a masterclass in musical leadership, technical musical development and conducting. Led by our Artistic Director, Hilary Davan Wettan, the day received 99% positive feedback. The Board agreed that this opportunity is key to the organisational strategy and is now an agreed annual event to deliver musical excellence to the network.

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1.2. Wellbeing and Welfare Delivery

Research shows that singing in a choir delivers an opportunity to create fast social bonding and facilitate social cohesion.[1] It alleviates stress, contributes to an improvement in isolation, anxiety, and depression, and provides a supportive social network.

The central ethos of Sing, Share, Support has never been more in focus with choir members and central team members alike creating imaginative ways of adding value to network development by virtual means.

2021 saw a series of virtual training opportunities offered to all choir committee volunteers, culminating in a series of regionalised Committees Day that saw almost 200 volunteers meeting in 5 regional locations to increase their knowledge and skills in successfully managing a Military Wives Choir.

1.3. Network Development

As a result of significant funding received from the Armed Forces Covenant Fund and the Arts Council for the second year in succession, the Choirs Support Team established a new 1.6FTE resource dedicated to fundraising and a further dedicated resource of 1 FTE to provide timely and targeted welfare and organisational development to the network of choir members.

This new dedicated support role is responsible for using our grant funding to ensure relevant training and wellbeing support is offered to the choir volunteers to empower them in their leadership roles

The Military Wives Choirs’ digital marketing, communications, and PR activity has continued to develop, with engagement growing year on year. Internally, the monthly choir members’ newsletter, One Voice, saw 11 issues delivered across the year and saw an increase of 15% engagement level in the year.

1.4 Charity and Governance Development

A second year of significant level of grant funding being secured has ensured this small charity with a national and international reach has the structure and governance appropriate for future growth and development.

With working groups and sub committees now an established structure for the board operations, key strategic areas are now clearly defined as Welfare, Finance, Fundraising, Music Development and Governance.

Our existing Memorandum of Understanding with SSAFA continues to provide the platform to support the integrated workings of the two charities, and ongoing development of this valuable partnership continues.

1 The Ice-Breaker Effect, 2015, The Royal Society, Eiluned Pearce, Jacques Launay & Robin IM DunbarReview of Mental Health & Wellbeing Outcomes, 2018, European Journal of Public Health, Elyse Williams, Genevieve A Dingle, Stephen Clift.

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1.5. Strategic Development

The charity continues to promote its ethos within the following strategic goals

We will have a musical strategy that will provide an enriching experience for everyone.

We will foster an environment that is welcoming to women in the military community.

We will improve the quality and breadth of the welfare support offered to choir members.

To deliver our 2021–2023 strategy, we will be guided by three key principles:

  1. We will be a well-governed charity with a professional and suitably qualified Board of Trustees that understands and manages the risks faced by the Military Wives Choirs and leverages opportunities.

  2. We will understand and be able to demonstrate to our stakeholders the value that we add.

  3. We will manage our finances in a way that maximises the resources we have available to deliver our strategic goals.

1.6. Vision, Mission, and Values

Our mission is that the Military Wives Choirs will provide support, training, and opportunities for choirs and individuals that will sustain and develop our network and the women who sing in our choirs, because we believe we are stronger together.

Our Values

1.7. Structure, Governance, and Management

The Military Wives Choirs Foundation is a subsidiary charity of The Soldiers, Sailors, Airmen and Families Association (SSAFA). SSAFA is the sole legal member of the Military Wives Choirs Foundation.

The Military Wives Choirs Foundation has its own Board of Trustees and is considered an independent charity for the purposes of charity law.

1.8. Choir Governance

Each choir in our network is managed by a voluntary elected committee of choir members, each of whom are appointed by nomination and a choir vote at each choir’s Annual General Meeting. Each choir appoints, as a minimum, a Chair, a Secretary, and a Treasurer.

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Each choir maintains its own bank account, but all choirs are wholly part of the Military Wives Choirs Foundation and submit their annual accounts for scrutiny at the end of each financial year.

1.9. Trustees

During 2021, the nineth full year of operation for the Military Wives Choirs Foundation, the Board met 6 times.

The trustees are listed on page 2. As per our governing document, the Board shall comprise at least three trustees, but not more than 12 persons. A trustee can be appointed for a term of up to three years. A retiring trustee may be re-appointed for a further term of up to three years. Once a trustee has served two terms consecutively, he/she may only stand for re-election so long as they have taken a break of at least one year from membership of the Board of Trustees following their consecutive term.

Each member guarantees to pay £1 in the event of the winding up of the Military Wives Choirs Foundation.

1.10. Financial Review

A summary of the results for the Military Wives Choirs Foundation for the year is given on page 13 of the financial statements. 2021 delivered a second year of significant grant funding to the central charity that has seen a radical change of financial stability across the entire charity, leading to a total surplus of funds of £228,048. This is an exponential growth from the £23,254 total funds bought forward as at 1[st] January 2020.

Without key support from funders who understand the value of the choir network and the impacts choir membership has upon loneliness and isolation and the wellbeing of choir members, the charity could not have experienced such a reduction to their previous financial exposure.

It is with great thanks that we acknowledge the support of our key funders;

1.11. Reserves Policy

The trustees have agreed a reserves policy that will ensure that free reserves are being utilised to best meet the charitable objectives of the Foundation.

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1.12. Risk Management

The trustees have considered the key risks affecting the Military Wives Choirs Foundation and will continue to take steps to record these in a risk register that is reviewed by both the Governance Committee and the main board to ensure relevance and appropriate mitigating responses.

1.13. Public Benefit

The trustees are confident that they comply with the Charity Commission’s guidance on public benefit.

1.14. Covid-19 and Going Concern

The Covid-19 crisis continued in 2021 limiting the Charity’s ability to fundraise through live performances. However, the Charity has attracted some significant fundraising in 2021 to ensure activities can continue as far as possible under the restrictions imposed by the virus.

The MWCF has a charitable donation arrangement in place whereby it receives an annual donation from a fellow group subsidiary SSAFA Forces Help Enterprises Limited, generated from trading arrangements that it carries out in respect of Military Wives Choirs activities. In addition, the Foundation’s choirs are mainly self-sufficient in their funding. The Foundation does not commit to spending without ensuring that has sufficient funds available. The parent charity, The Soldiers, Sailors, Airmen and Families Association – Forces Help (SSAFA), for at least twelve months following the signing of these financial statements by the Trustees, has confirmed it will not demand repayment of amounts owed by the Foundation and will continue to support the charity to allow it to meet its liabilities as they fall due. Furthermore, since the year end the Trustees of SSAFA have undertaken to grant the Foundation up to £80,000 to enable it to continue to operate.

In light of this information, the trustees have reviewed the forecasts for a period of 12 months from the date of approval of these financial statements and are satisfied that the charity will continue to be able to meet its liabilities and continue in operational existence for the foreseeable future.

On this basis the Trustees consider that the Foundation is a going concern. Accordingly, the financial statements have been prepared on a going concern basis.

1.15. Small Company Exemption

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and the Directors have also taken advantage of the small company exemption not to prepare a Strategic Report.

1.16. Auditor

In accordance with Section 485 (4) of Companies Act 2006 a resolution to reappoint Moore Kingston Smith LLP will be proposed at the Annual General Meeting.

1.17. Statement of Trustees’ responsibilities

The Trustees (who are also directors of The Military Wives Choirs Foundation for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.

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Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the incoming resources and application of resources, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006, They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees confirm that:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved and authorised for issue by the Trustees on 24 May 2022

K Price 6/13/2022 M Pedder 6/8/2022 Trustee Trustee

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF THE MILITARY WIVES CHOIRS FOUNDATION

Opinion

We have audited the financial statements of The Military Wives Choirs Foundation (the ‘charitable company’) for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Statement of Financial Position and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters where the Companies Act 2006, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 3, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going

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concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005, the Companies Act 2006 and Section 151 of the Charities Act 2011 and report to you in accordance with regulations made under those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

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We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company.

Our approach was as follows:

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

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Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006; and to the charity’s trustees, as a body, in accordance with Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005, and in respect of the consolidated financial statements, in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company’s members and trustees those matters which we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company’s members, as a body, and the charity’s trustees, as a body for our audit work, for this report, or for the opinion we have formed.

Neil Finlayson (Senior Statutory Auditor) for and on behalf of Moore Kingston Smith LLP, Statutory Auditor

9 Appold Street London EC2A 2AP

Date: 6/13/2022

Moore Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006.

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THE MILITARY WIVES CHOIRS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note Unrestricted Restricted Total Total
Fund Funds 2021 2020
£ £ £ £
INCOME
Voluntary income:
Donations and contributions
Grants receivable		 5
5		 50,700
80,000
-
222,332		 50,700
302,332		 85,969
375,046
------------- ---------- ---------- ------------
Total voluntary income 130,700 222,332 353,032 461,015
Income from charitable activities:
Subscriptions
Performancerelated income		 131,683
10,933		 - 131,683
10,933		 139,771
18,126
Other charitable income 42 - 42 78
-------- -------- -- -------- --------
Total income from charitable activities 142,658 - 142,658 157,975
------------- ------------- ----------- ------------
Other income – CJRS Grant - - - 10,116
Total income 273,358 222,332 495,690 629,106
------------- ------------- ----------- ------------
EXPENDITURE
Costs of raising funds
Fundraising and promotion 2,181 2,659 4,840 7,925
------------- ------------- ------------- ------------
Charitable activities
Choir welfare, support and development 6 193,380 280,274 473,654 433,682
------------ ------------- ------------ ------------
Total charitable activities 193,380 280,274 473,654 433,682
------------ ------------- ----------- ------------
Total expenditure 195,561 282,933 478,494 441,607
------------- ------------- --------- ------------
Net income/(expenditure) 77,796 (60,601) 17,195 187,499
------------- ------------- ----------- -----------
Total funds brought forward at 1 January
2021		 1,316 209,537 210,853 23,254
Total
funds
carried
December 2021		 forward at 31 13 79,112 148,936 228,048 210,853
------------- ------------- ----------- -----------

All amounts relate to continuing activities. The company has no gains or losses other than the result for the year. The accompanying accounting policies and notes on pages 16 to 22 form an integral part of these financial statements.

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MILITARY WIVES CHOIRS FOUNDATION

STATEMENT OF FINANCIAL POSITION Registered Company Number 08089745 AS AT 31 DECEMBER 2021

FIXED ASSETS
Tangible fixed assets
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
Creditors: Amounts falling due within one year
Net current assets
Total assets less current liabilities
NET ASSETS
THE FUNDS OF THE CHARITY:
Unrestricted income funds
Restricted income funds
TOTAL CHARITY FUNDS		 Notes
10
11
12
13
13		 2021
£
1,400
1,609
505,224
506,833
(280,185)
226,648
228,048
228,048
79,112
148,936
228,048		 2020
£
1,600
-
489,720
489,720
(280,467)
209,253
210,853
210,853
1,316
209,537
210,853

The financial statements have been prepared in accordance with section 44 of the Charities and Trustee Investment (Scotland) Act 2005, the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to the members of the company.

The notes on pages 16 to 22 form part of these accounts.

The financial statements were approved and authorised for issue by the Trustees on May 24 2022 and signed on May 24 2022 by:

K Price 6/13/2022 Trustee

M Pedder 6/8/2022 Trustee

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THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

1 COMPANY INFORMATION

The company was incorporated on 30 May 2012 as a company limited by guarantee.

The key objective of the MWCF is to relieve the need, suffering and distress of members and former members of the armed forces, their partners, spouses and other family members, principally through the formation, support and development of choirs (predominantly military wives choirs). We are first and foremost a welfare organisation.

2 BASIS OF PREPARATION

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), the Charities SORP (FRS 102) and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis.

The company as a qualifying entity is exempt from producing a cash flow statement in accordance with FRS 102 1.12(b). The company is controlled by its ultimate parent undertaking, the Soldiers, Sailors, Airmen and Families Association - Forces Help, a charity incorporated under Royal Charter, whose publicly available accounts include a consolidated cash flow statement.

The Charity constitutes a public benefit entity as defined by FRS 102.

The financial statements are presented in Sterling (£).

Going Concern

The MWCF has a charitable donation arrangement in place whereby it receives an annual donation from a fellow group subsidiary SSAFA Forces Help Enterprises Limited, generated from trading arrangements that it carries out in respect of Military Wives Choirs activities. In addition, the Foundation’s choirs are mainly self-sufficient in their funding. The Foundation does not commit to spending without ensuring that has sufficient funds available. The parent charity, The Soldiers, Sailors, Airmen and Families Association – Forces Help (SSAFA), for at least twelve months following the signing of these financial statements by the Trustees, has confirmed it will not demand repayment of amounts owed by the Foundation and will continue to support the charity to allow it to meet its liabilities as they fall due. Furthermore, since the year end the Trustees of SSAFA have undertaken to grant the Foundation up to £80,000 to enable it to continue to operate.

In light of this information, the trustees have reviewed the forecasts for a period of 12 months from the date of approval of these financial statements and are satisfied that the charity will continue to be able to meet its liabilities and continue in operational existence for the foreseeable future.

On this basis the Trustees consider that the Foundation is a going concern. Accordingly, the financial statements have been prepared on a going concern basis.

3 SIGNIFICANT JUDGEMENTS AND ESTIMATES

Preparation of the financial statements requires management to make significant judgements and estimates. Income includes voluntary donations from performances and the Charity recognises these in the period in which the event occurs even if the amounts are not paid until the following year.

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THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

4 ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and any key sources of estimation uncertainty in the preparation of these financial statements are as follows:

4.1 Tangible fixed assets

Tangible fixed assets are stated at cost and depreciated in equal instalments from the year of purchase. Music equipment is depreciated over 5 years except for pianos which are depreciated over 10 years. Additions valued at less than £2,000 are written off in the year of purchase.

4.2 Income

All income is included in the Statement of Financial Activities (SOFA) when the MWCF is legally entitled to the income, there is probability of receipt and it can be measured with sufficient reliability.

Grants receivable are recognised when the foundation has an entitlement to the funds, the amounts can be quantified reliably, and it is probable that the income will be received. Voluntary subscriptions from members are recognised when paid.

Government grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the associated costs for which the grant is intended to compensate. This includes £ nil ( 2020:£10,116) of Government assistance under the Coronavirus Job Retention Scheme (CJRS) relating to staff who were furloughed due to Covid-19.

4.3 Expenditure

Expenditure is recognised in the year in which it is incurred and includes attributable VAT which cannot be recovered. Expenditure is recognised when the MWCF has entered into a legal or constructive obligation. Support costs are those functions which assist the charity but do not directly undertake charitable activities. These include back office costs, finance, costs incurred by the Choirs and governance costs.

4.4 Debtors

Short term debtors are measured at transaction price, less any impairment.

4.5 Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

4.6 Fund accounting

Unrestricted funds are those freely available for use in pursuance of the MWCF’s general objects of the charity.

Restricted funds are funds to be used only for the purposes specified by the donor.

4.7 Gift Aid

The Company has adopted a policy of recognising donations from fellow group undertakings when received.

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DocuSign Envelope ID: ACECE4E5-0681-4089-B297-3AC16CCD8351DocuSign Envelope ID: 67551482-D36D-4AD5-871A-FF8E7A09C8B5

THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

4.8 Pension costs

The Company operates a defined contribution scheme. Contributions to the Company’s pension scheme are charged to profit and loss in the period to which they relate.

5 DONATIONS AND GRANTS

Donations and contributions
Donation from fellow subsidiary
Donations collected by Choirs
Other donations		 2021
2020
£
£
3,049
-
42,507
40,651
5,144
45,318
50,700
85,969

All donations and contributions in both years are unrestricted.

Grants receivable
Restricted grants
Unrestricted grants		 222,332
268,520
80,000
106,526
302,332
375,046

.

6 CHARITY WELFARE, SUPPORT AND DEVELOPMENT

Supporting choirs with their development
Fees – Directors, Artists and Music
Other music and performance costs
Website development, IT and hosting costs
Recruitment
Salaries (recharged – Note 9)
Travel, meeting costs and other expenses
Legal and professional fees
Depreciation and loss on disposals
Support costs
Governance costs (see Note 7)		 Unrestricted Restricted
Total
2021
2020
£
£
29,383
34,578
63,961
67,515
76,436
34,655
111,091
96,549
43,025
5,022
48,047
54,202
7,566
1,048
8,614
8,791
2,562
-
2,562
-
10,672
199,569
210,241
164,313
1,066
2,829
3,895
1,995
4,284
200
279
4,563
200
600
200
9,686
8,500
1,769
525
11,455
9,025
28,775
10,742
193,380
280,274
473,654
433,682

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DocuSign Envelope ID: ACECE4E5-0681-4089-B297-3AC16CCD8351DocuSign Envelope ID: 67551482-D36D-4AD5-871A-FF8E7A09C8B5

THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

7 GOVERNANCE COSTS

Audit fees
Trustees’ expenses		 2021
£
8,500
525
9,025		 2020
£
10,060
682
10,742

Trustee expenses relate to reimbursement and costs in respect of attendance of Trustees’ meetings for 2 Trustees during the year (2020:11 Trustees).

8 NET EXPENDITURE FOR THE YEAR

Net expenditure for the year is after charging:

Audit fees
Depreciation		 2021
2020
£
£
8,500
200
10,060
200

9 STAFF COSTS AND TRUSTEES REMUNERATION

None of the trustees received any emoluments in respect of services to the MWCF. All staff are employed by SSAFA.

Wages and salaries
National Insurance Employers
Pension costs
Staff numbers		 2021
2020
£
£
186,974
12,542
10,275
137,800
18,096
8,417
210,241
164,313
6
4

There were no higher-paid staff in either 2021 or 2020 receiving emoluments of £60,000 per annum or more.

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DocuSign Envelope ID: ACECE4E5-0681-4089-B297-3AC16CCD8351DocuSign Envelope ID: 67551482-D36D-4AD5-871A-FF8E7A09C8B5

THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

10 TANGIBLE FIXED ASSETS

Cost
Brought forward at 1 January 2021
Carried forward at 31 December 2021
Depreciation
Brought forward at 1 January 2021
Charge for the year
Carried forward at 31 December 2021
Net Book Value at 31 December 2021
Net Book Value at 31 December 2020
1 DEBTORS
Other debtors		 Equipment
£
Piano
£
Total
£
2,460
2,000
4,460
2,460
2,000
4,460
2,460
400
2,860
-
200
200
2,460
6,400
3,060
-
1,600
1,400
-
1,600
1,600

2021
2020
£
£
1,609
-
1,609
-		 Equipment
£
Piano
£
Total
£
2,460
2,000
4,460
2,460
2,000
4,460
2,460
400
2,860
-
200
200
2,460
6,400
3,060
-
1,600
1,400
-
1,600
1,600

2021
2020
£
£
1,609
-
1,609
-
1,609
-

11 DEBTORS

12 CREDITORS: Amounts falling due within one year

Trade creditors
Amounts due to parent undertaking
Amounts due to fellow group companies
Accruals and deferred income		 2021
2020
£
£
293
-
261,497
264,497
4,532
13,863
2,093
13,887
280,185
280,467

Amounts due to the parent undertaking are repayable on demand and interest-free.

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DocuSign Envelope ID: ACECE4E5-0681-4089-B297-3AC16CCD8351DocuSign Envelope ID: 67551482-D36D-4AD5-871A-FF8E7A09C8B5

THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

13 ANALYSIS OF RESTRICTED FUNDS

Government funding
Other restricted grants
Total restricted funds
Government funding
Other restricted grants
Total restricted funds		 At 1 Jan
2021
Income Expenditure
At 31
Dec
2021
£
£
£
-
121,186
(13,519)
107,667
209,537
101,146
(269,414)
41,269
209,537
222,332
(282,933)
148,936
At 1 Jan
2020
Income Expenditure
At 31
Dec
2020
£
£
£
-
60,000
(60,000)
-
40,423
208,520
(39,406)
209,537
40,423
268,520
(99,406)
209,537

There are no endowment funds. Other restricted funds include funds from benevolent funds to enable training, support and develop regional choirs through the pandemic and to support the Regional Voices Group, the organisation’s representative body.

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DocuSign Envelope ID: ACECE4E5-0681-4089-B297-3AC16CCD8351DocuSign Envelope ID: 67551482-D36D-4AD5-871A-FF8E7A09C8B5

THE MILITARY WIVES CHOIRS FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021

14 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Current assets
Current liabilities
Total funds
Tangible fixed assets
Current assets
Current liabilities
Total funds		 Unrestricted
Funds
Restricted
Funds
2021
Total
Funds
£
£
£
1,400
-
1,400
357,897
148,936
506,833
(280,185)
-
(280,185)
79,112
148,936
228,048
Unrestricted
Funds
Restricted
Funds
2020
Total
Funds
£
£
£
1,600
-
1,600
280,183
209,537
489,720
(280,467)
-
(280,467)
1,316
209,537
210,853

15 RELATED PARTY TRANSACTIONS

The debt due to SSAFA at 31 December 2021 was £261,497 (2020: £264,497). This arose due to costs paid out primarily in earlier years for the MWCF. Any new costs incurred in respect of the MWCF will be repaid to SSAFA on a timely basis. No interest is charged and the loan is repayable on demand. SSAFA granted the charity £80,000 during the year (2020£100,000).

Staff costs of £210,241 (2020 - £164,313) were paid by SSAFA and reimbursed by the MWCF.

An amount of £4,532 was owed to SSAFA Forces Help Enterprises Limited (a fellow subsidiary) to the MWCF at 31 December 2021 (2020: £2,093). This arises where the MWCF has incurred expenses relating to trading activities undertaken by SSAFA Forces Help Enterprises Limited.

There were no other related party transactions during the year.

16 ULTIMATE CONTROLLING PARTY

The MWCF is controlled by SSAFA which is the sole member of the MWCF. SSAFA is a charity registered in England and Wales (charity number: 210760) and Scotland (charity number: SCO45217). Copies of the financial statements of SSAFA may be obtained from: The Secretary, SSAFA, Queen Elizabeth House, 4 St Dunstan’s Hill, London, EC3R 8AD.

17 FUTURE COMMITMENTS

The MWCF had no formal agreed commitments or contractual obligations, or contingent liabilities as at 31 December 2021 (2020: Nil).

18 CORPORATION TAXATION

The MWCF is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or section 252 of the Taxes and Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

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