2020-12-31-accounts

LONDON WELSH MALE VOICE CHOIR (Cor Meibion Cymry Llundain) Report of the Trustees and Financial Statements For the Year Ended 31st December 2020

LONDON WELSH MALE VOICE CHOIR (C(>r Meibion Cymry Llundain) ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2020 The Trustees of the London Welsh Male Voice Choir present their annual report for the year ended 31st Decernber 2020 under the Charities AGI 2011. together with the independently examined accounts forthe year, and confimi that the latter comply with the requirements of the Act, Constilulion and in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard appliG9ble in the United Kingdom and Republic ot Ireland (FRS102). 1. OBJECTIVES AND ACTMTIES Charltable Objects The objects of the Choir are to benefit the public in such charitable m8nner as the Charily Tnjslees in their absolute discretion shall determine, and in particular.. 1) To advance the education of the public by promoting artistic activities and performing as part of such activities. particularly performing works composed andlor written by those of We15h origin andlor the Welsh language (Welsh Works). 21 To promote public education and training in choral music. particularty in Welsh works. Activitias In 2020, the choir was abl@ to perfomi only 4 tim8s in public - bebN8en January 2nd early March. From the end of March and throughout the remainder of 2020 the choir functioned by convening on- line rehearsals every week. In addition. several virtual recordings were rnade and released by the choir, one of which was released lo help raise funds for a charity we were due to have been singing for in concert. Despite these conditions, the choir continued to encourage people to take up choral singing and to enjoy the repertoire that the Choir perfomis. During the year we recruited 6 new members, as part of our continuing drive to attract a new gen8ralion of choristers. Publi¢ Bonofit Th& trustees have complied wilh their duty lo have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. 2. ACHIEVEMENTS AND PERFORMANCE In the exrxptional GtrGumstanGe¥ of 2020, the fundamental objective and primary aGhievement ofthe choir was lo keep the choir logetheff. This was despite not being able to meet in person. We now look forward to retuming to somethin9 like nomiality in late 2021 and into 2022.

LONDON WELSH MALE VOICE CHOIR (Cor Meiblon Cymry Llundain) ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31- DECEMBER 2020 3. FINANCIAL REVIEW 2020, by iiefauEt. Was a relatively inactive year. There was a net movement (deGrease) in unrestrlctad funds by year end 2020 of £18,150 from the year before to a figure of £81,898. In 2019. the Choir received a bequest of £30,000 which is held as restrtcled fvnds. With interest, as at end of 2020 this fund stands at £30,067 Voluntary income (subscriptions and donats'onsl for the year was £6,482. Income from product sales in 2020 was £737. Stock is estimated in the accounts at £3.125. The financial statements set out herein have been prepared from Xero software records maintained by the Choirfs Financ8 team. Reserves Pollcy The trustèes review the choirfs requirements for rese￿eS in accordance with the main risks to Ihe organisation. 11 ha5 estsblished a policy of maintaining reserves of £50,000 which are considered sufficient to meet the working capital requirements of the choir lo cover expenditure for a period of 1 year. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng Document The Choir was first registered a Charity on 1st July 1971. As an unincorporated association under the 1968 rL¢les that were applicable at the lime there was no requirement for a Trust Deed as the Charity is govemed by its constitution and rules which were amended in 1989, February 2008, December 2009 and December 2014. At the end of 2016, the Choir converted to a Charilable Incorporated Organisation. Gov8rning Body The structure of the Charity comprises of a Committee of 10 Trustees and a Managing Committee of the Trustees plus co-opted members. Appolntment and Tralnlng of Trustees The Trustees are elected by the Choir at its Annual General Meeting (AGM) for a 12 M￿th period or by the Choir at an Extraordinary General Meeting (EGMI for Ihe period from the date of the EGM until the date of the next AGM. Nominations are submitted lo tho Choir Secretary in accordance with the Choir Constitution. It is the policy of Ihe Choir to appoint Trustees who ar¢ mature individuals with considerable experien￿ in fields such as Administration, Education, Finance, Man(et*ng and Human Resources gained by holding responsible positions outside the Choir. It is Consequently not ne¢e$8ary for them to have extensive training apart ensurin9 they are up to date with any new developments in the field of Charity Adminislralion.

LONDON WELSH MALE VOICE CHOIR (Cor Meibion Cymry Llundain) ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2020 Oryanlsatlonal Managoment The Trustees are legally responsible for the overall management of the Choir and meet as the Managing Committee normally once a month (usually on the first Monday of the Monlh) with the Co- opted members in attendance if required present but not entitled to vote. The Trustees meet on an "as required" basls to deal wrth such matters as the Approval of Accounts and the remuneration of professionals. The work of implementing tha policies agreed by the Managing Committee is delegated to the members of the Managing Committee and lo nominated Subwcommittees. Each Sub-committee Chairman on request submits a reportlminutes of meetsngs to the Managing Committee for their consideration and approval. Risk Manag•mant The Trustees are responsible for the management of risks faced by the Choir. Detailed consideration of the risks is delegaled lo the members of the Managing Committee and Chaimen of the Sub- Committees who are assisted by Committee or Choir members with expertise in particular fields. Identification, monitoring and recommended mitigation measures are embodied in the monthly reports submttted to the Managing Committee. Discussions take place with the Insurance Brokers spelling out risks and an Insuranc8 Policy arranged to ensure risks are covered. In addition, an independent Financial Risk Oversight Working Group is in place to review any major project {currenlly where potential expenditure is greater than £10,000,. (figure kept under reviewll. 5. REFERENCE AND ADMINISTRATIVE DETAILS Name of Charity- London Welsh Male Voice Choir (Other title known as- LWMVC and Cor melb￿)n Cymry Llundainl Charity Registration No: 1170727 PRINCIPAL ADDRESS.. The London Welsh Centre 157-163 Gray's Inn Road London WC1X 8UE Website '. www.londonwelshmvc.o TRUSTEES The Truslees of the Choir have been elected by the Choir Members at the Annual General Meeting of the Choir or if necessary al an Extraordinary General Meeting. They all served in office throughout 2020 uniess shown othe￿ise below.

LONDON WELSH MALE VOICE CHOIR (Cor Meibion Cymry Llundain) ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2020 Chairnian David Jone8 Vlce£halmian Paul Bunford (Resigned AGM 20201 Richard Snowdon (Appointed AGM 2020) Secretary Mark Chonofsky (Resigned AGM 20201 Richard Griffiths (Appointed AGM 2020) Treasurer Alun Edwards Concgrt Sacretary David Sorton Registrar Brian Johnson Voice Repr¢sentatlves Julian Davies (Resigned AGM 20201 Nick Jones (Appointed AGM 20201 Keith Owen (Resigned March 20201 Rhodri Morgan (Appointed AGM 20201 John Edwards John lacona (Resigned AGM 2020) Eryl Davies (Appointed AGM 20201 STATEMENT OF TRUSTEES, RESPONSIBILITIES The charity trustees are responsible for preparing an annual report 2nd financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Th8 law applicableto charities in England and Wales requires the charitytrustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and the application of resources for Ihal period. In preparing the financial statements. The trustees a￿ ￿qUIred to.. Select suitable accounting policies and then apply them consistently. Observe the methods and prinThples of the Charities SORP", Make judgements and estimates that are reasonable and prudent., Stale whelher applicable accounting standards have been followed, subjeGt to any material departures d¢sclosed and explained in the financial statements.. Prepare the financial ststements on the going conGem basis unless it Is Inappropr18te to presume that the charity will continue in business.

LONDON WELSH MALE VOICE CHOIR (Cor Meibion Cymry Llundain) ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2020 The trustees are responsible for keeping proper accounting records that disclose wth reasonable accuracy at any time the financial posrtion of the charity and to 8nabl& them to ensure that the finanGial statements cornply with Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constituts'on and Rules. They are also responsible for safeguarding the assets of the charity and hence tsking reasonable steps for the prevention and detection offraud and other irregularities. The trustees are responsible for the rna1ntenan￿ and integrfty of the charity and financial infomiation incltsded on the charity's website. Approved by the Trustees of th8 London Welsh Male vol￿ Choir on 13 September 2021 and signed on its behalf by.. DAVID JONES Chalrman

London Welsh Male Volce Cholr{C6rMolbion Cymry Llundalnl Statemont of financial activitles for the year ended 31 December 2020 Notss 2020 2019 Unr¢¥triGt•d Rastricted funds Total fund5 UMe8trtGted R•$tict•d Total fun fvnds furK I￿oMe Donaknons and legacie$ Ch8ritsble aetivitigs 0th6rtrading acvities 6.482 4.871 713 6,482 4,871 737 11.731 31.450 2.413 45.594 30.000 41,731 31,450 2,456 75,637 24 43 Total kKomÈ 12.086 24 12,090 30.043 ExpondS￿r Raising tynds Charitsble acti￿*8$ Othercosts 7,665 15,803 6,728 30,216 7,685 15.803 6.728 30216 4,478 33,855 11,777 50,110 4.478 33,855 11,777 50,110 Totaloxpor¥lliure N•t Incomg1(?xp8rwJSturel 118.ISOI 24 {18,1261 14,5161 30.043 25,527 Total fvnds broughtfDrward Totalfunds carfbd forward 100.048 61,898 30,043 130,091 30,067 111,965 104.564 100,049 104,564 30,043 130,092

London Welsh Male Voice Choir (Cor Meibion Cymry Llundain) Balance sheet as at 31 December 2020 Notes 2020 2019 Current assets Stock Debtors Cash at bank 3,135 1.645 118,773 3.135 2.762 135,561 Total current assèts Creditors: amounts falling due within one year Net ¢urrent assets 123.553 141,458 11,587 111,966 111,966 11,366 130,092 130,092 Total assets1088 current Ilabllltles Funds Restricted ￿nd Unrestricted ftjnds Totsl charity funds 30,067 81,899 111.966 30,043 100,049 130.og2 These financial statements have been prepared under the Charities Act 2011 and in accordance with the Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kinodom and Republic of Ireland (FRS102). On behalf of the Trustees of London Welsh Male Voice Choir {COr Meibion Cymry Llundainl Chairman David J TreasurerAlun Edwards Approved by th8 Trustees on13th September 2021

London Welsh Male Voice Choir {C6r Meiblon Cymry Llundaln) Notes to the financial statements forthe year ended 31 December 2020 Financial statements These are the financial statemerlts ofThè London Welsh Mal& Voice Choir (Cor Meibion Cymry Llundainl Ithe Charity), a tharitable incorporated organisation conslituled on 28 November 2016 and registered with Ihe charib.es Commission number 1170727. The Charity is a publicbenefil entity. 1 Accounting poltCiOS Accountlng conventlon The financial statements have been prepared under the historical cost convention and indude the results of Ihe Charitys operatsons whith are described in Ihe Trustses, Report and all ofwhich are continuing. As required by FRS 102 Ihe Trustees hav8 reviewed the going concem ststus oflhe Charity. especially taking accoijnt of the effects ofthe Covid 19 pandemic. The Trustees arè of Iha oplnion Ihe Charity will remain a going Con￿rn for at least 12 months from Ihe date they have approved these financial statefflents. Incomè Voluntary income and donab.ons are accounted for 8$ re￿iVed by the charity. The in(x)me from frjnd raising venlures is accounted for in the perfod in which the seNice is provided and is shown gross, with Ihe associated costs included in tundraising sts. stocks stock 18 valu8d at the lower of costand net reali88bl8 valua. after making due allowan￿ forobsoleie and slow movlng items. IA Costs of raising funds Costs of raising fvnds are expenditure on goods purchased for resale. Costs of ¢haritablg acliYitie$ Costs of charitsble actsviles principally indudo expenditMre on stsging Concerts and otherfund raisino events and are a(Lounted for on an acGrual basis. othèr ¢osts other costs indudè gov&m8nce. marsagement and administration expenditure not dlredy related lo the charitable acuvity offvndraising ventures and are a￿￿unts￿ fr)r on an accrual b8SIS.

London Wolsh Malg Voico Choir IC6r Molblon Cymry Llundainl Notes to the financial statgm?nts for the year ended 31 December 2020 2 D(Thtton$ al￿ Ipgw¢Jok 2020 2019 Subscripkn'ms and donalons Legacy- see note 9 6,482 11,731 30,LIOO 6A82 41.731 The Chartybenefits grealjyfrom Ihe InVo￿er￿entand enthu￿a$•G supportof rf5 rnanyvolunteet3. delai15 of which are given in ouranlluai reporL Thè Wnotnic wnknbution of vdunts8rs is not r8cognlsed in the 8c¢ounts. 3 Charttabfe 8Cthtttl&8 2020 2019 t>os¥ inwrre from (x>ncg 4071 31.450 4 Q￿rtra￿lI¥j acifvStt88 2020 ZQ19 Produ¢t88188 737 2,45fj 5 Tot81 expendhure Basi$ of 81kn- RaÈsing othar aflon furKls ac￿111￿& Costs Ch#rM- 2020 Total 2019Toial Costs dtre¢Jy alloB4ted toa¢¢W￿¢S Costof$tsging rx)ncertS8nd knurs Coslofproducing goods Dir8Ct Direct 15.803 15,803 7,685 33,855 4,478 7.685 Supwt costs Accounts axamination Bookkeeping ChE>n3let¥' unifonng and presentstioft$ Publicity, markebng, adverbsing and donations prtntinu end (a)mmunicalion Cth8radministr8tsv8 r4)8ts 2,100 14801 2.100 14801 1,500 3,440 128 250 426 4.432 250 426 4.432 1.873 262 4,574 7.685 15,803 6,728 30,216 50,110

London Walsh Male Voice Choir (Cor Meibion Cymry Llundain) Notes to the financial statements for the year ended 31 December 2020 2020 2019 6 St¢xk$ Goods for resal8 Stock of cloth for unifonns 2.500 635 2,500 635 3.135 3,135 7 Debtors Prepayments Other debtors 1,634 642 2,120 2,762 1,645 8 Credttor8 - amounts due within one year Other creditors Accruals 8,242 3,345 11,587 8,366 3.000 11,366 9 Re8trlcted fund Legacy received Interest income 30,000 67 30,000 43 30.067 30,043 In 2019 the Trustees received £30.000 under a will whose terms require the l&gacy remain anonymous. The legacy, both capiL91 and income, is only to be used to support the promotion ofthe Choir and is subject to the Objects ofthe LWMVC. The fijnds are to be separated from the'operational finance" ofthe Choir. io

LONDON WELSH MALE VOICE CHOIR

Independent Examiner's Report to the Trustees of London Welsh Male Voice Choir

I report on the accounts of the charity for the year ended 31 December 2020 which comprise the statement of financial activities, the balance sheet and related notes 1 to 8.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act;

• follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and

• state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning 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:

• 1 which gives me reasonable cause to believe that, in any material respect, the requirements:

• to keep accounting records in accordance with section 130 of the Charities Act; and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

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.

Zahid Hussein For and on behalf of Z group Chartered Accountants 162-164 Arthur Road Wimbledon London SW19 8AQ 24 September 2021

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