BRIGHTON FESTIVAL CHORUS
CHARITY NUMBER 1173302
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9-20 |
BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Reference and administrative details
Trustees Richard Blows - Chair Lucy Brett - Vice-Chair Christine Miller - Treasurer Alison Schulte Tim Rounding Emily Smith Fiona McNae Alastair Deighton Guy Davidson Principal Address 4 Third Avenue Worthing BN14 9NZ Charity Registration Number 1173302 Governing Document The charity is governed by its Constitution which was approved by members on 16 November 2016. Trustees The Trustees of the charity are elected by members for three year terms. Objectives The objectives of the charity are to promote and develop the public education and appreciation of music through the study, practice and performance of music. Independent Examiner Bolden & Long Chartered Certified Accountants and Registered Auditors 36a Goring Road Goring by Sea Worthing West Sussex BN12 4AD
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BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Trustees' Report
The Trustees present the annual report together with the financial statements of the charity for the year ended 31 July 2024.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Chair's Report
Our 2023/24 season will be remembered for three B’s – Busy, Beethoven and Bach!
We started the season in September 2023 at the Royal Albert Hall with the first of three Beethoven 9s under the baton of Phillip Warren Green. The second outing was in May with the National Symphony Orchestra conducted by Rimma Sushanskaya at the Cadogan Hall celebrating the 200[th] anniversary of the first performance of the 9[th] . This was followed a couple of weeks later recording the work with the same forces in north London. So, with all the London rehearsals, performances and recording we can safely say 2024 was Beethoven’s year!
But I get ahead of myself. After that first Beethoven 9 in September, our next concert was something completely different - Puccini ‘s Messa Di Gloria . This is a delightful piece of music and was new to many of the Chorus. We were delighted to be joined by the London Mozart Players for a sell-out success at All Saints.
December saw us at the Dome for our Christmas concert with the Royal Philharmonic Orchestra - once again a sell-out. This annual event has become part of Brighton’s Christmas celebrations and is eagerly awaited by the loyal audience who love the mix of traditional carols, dreadful jokes and the opportunity to conduct the Hallelujah Chorus.
In April we were at Royal Festival Hall for Carmina with James conducting. When we last sang this it was with James in the Royal Albert Hall. Then we were just one of several choirs, but this time it was just us. Singing to a packed RFH with James on the rostrum was a very special occasion and the standing ovation at the end said it all.
May was busy with the Beethoven 9 marathon and our Brighton Festival performance. This year it was the UK premier of Arnesen ‘The Stranger’ - something very different and, whilst not universally popular amongst Chorus members, it showed our continued willingness and ability to tackle new work. It received a favourable reception at All Saints.
Then there was the other B! Throughout all our rehearsals for Beethoven, Carmina and Arnesen, another work was bubbling away, Bach’s Mass in B minor . Those of you who were with us through the Covid lockdown will remember Tuesday evenings and the Bach Karaoke sessions on Zoom. Trying to sing bits of the Mass on our own, staring at a screen watching James playing the piano, and no one able to hear anyone else. A less than satisfactory experience. But it did make us determined to perform it ourselves as one of our own promotion concerts.
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BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Trustees' Report cont'd
From the word go we knew it was going to be a massive undertaking both musically and financially, but it also opened up opportunities to fulfil our long-held goals of extending our audience and breaking down the barriers to classical choral music through the Sussex Sings Bach programme.
Activities included a series of free events in the run up to the performance including a choral workshop and chance to see us at work in rehearsals. Chorus members had an exclusive vocal workshop on the Mass with Jo Tomlinson which was a terrifically enjoyable and valuable afternoon. We were delighted to welcome Curtis Tappenden to interpret his reaction to the music with live art created during the performance. Some found it distracting and some loved it. But whatever the opinions it is an initiative we should be proud of taking – it sets us apart from other choirs and demonstrates our willingness to try new approaches.
Sussex Sings Bach was funded by a grant from the Big Give Arts for Impact Award which matched any funds we raised up to a total of £2.500. This total was achieved plus an additional £3,000 from donors and a very successful cake, scarf and music sale. A big thanks is due to everyone who took part and contributed to the eventual total of £8,078 and to Lucy who masterminded the complexities of the application and reporting to the Big Give organisation.
Musically, we owe a huge debt to James for his perseverance and determination to get Bach’s amazing work up to concert standard despite his initial misgivings about our size and our standards. The rehearsal process was rigorous ‘You’ve got to Grade V level in that you more or less know the notes and you can get through it without stopping, now you’ve got to make it a piece of music’ is one quote that lingers. But we did it! You need to thank each other for the hours of work we all put in to deliver this massive work. With the superb soloists and City of London Sinfonia, Saturday 13 July in All Saints will be long remembered as one of those special concerts. I understand that the Bach Mass in B minor is one of James’s most loved pieces and after July many of would say the same.
2023/24 was a busy and successful season. Sadly, we didn’t manage to conclude with a summer gathering as in past years, due at least in part to our concentration on the Bach, but we will definitely get together in 2025.
At the AGM last year, we talked about the importance of regular attendance at rehearsals even if you were unable to sing in the concert being rehearsed. To have the everyone singing regularly together is paramount in improving the quality of our sound as well as being an opportunity to learn everything in our repertoire. Tuesday night is BFC night! We agreed that there would be an expectation of a 65% attendance across the whole season. Looking at the rehearsal figures recorded by the voice reps a substantial number of members fell below that percentage. There will undoubtedly be some very valid reasons why an individual’s attendance fell below the 65% and no action has been taken to investigate causes of absence. However, the requirement will stay in place and will be reviewed in more depth at the end of the next season.
Membership has stayed constant at around 180 with departures and arrivals. We are fortunate to have a steady stream of new members from our regular Guest Rehearsal and our thanks must go to Guy Davidson for his sterling work as Membership Secretary. Nonetheless we cannot be complacent and need to look for continued growth in membership to improve the Chorus’ diversity and age demographic. On occasions our ability to reach contracted numbers for London concerts has resulted in having to seek support from other choirs which is disappointing. These concerts are important if we are to build and maintain a reputation as the best ‘choir for hire’ with promoters and that becomes more difficult when we fall short of numbers.
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BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Trustees' Report cont'd
As I have said a busy year, but none of this would have been possible without James. His continued enthusiasm, encouragement, and constructive sarcasm don’t just keep us on our toes but show us where we must and can do better. As well as his determination in improving the standards of the Chorus, his imaginative programming for our own promotions constantly finding pieces that will interest and extend our range, attract an audience, and remain within a not over generous budget is hugely appreciated by us all.
Thanks must also go to Fergus. His work behind the scenes, liaising with orchestras, venues, soloists, whilst getting us seated and on and off the stage is invaluable. As is his knowledge of the music business and his contacts with promoters resulting in many of our ‘choir for hire’ bookings in London.
And thanks too to Sue Graham-Smith who has been the most exemplary of accompanists throughout her time with us and we were very sad to say goodbye to her at the end of the year.
This chorus does not run itself and my thanks go to all the trustees but in particular to Lucy, my vice chair, Fi and Tim, who all work tirelessly on the day-to-day administration of the Chorus. Also, to Christine for keeping us on the straight and narrow financially and to all the trustees whose work, advice and contributions help to keep this Charity active, legal and forward looking. To the voice reps, Marian, Vicki, Hilary, Marilyn, Neil and Mike, to Lucy our librarian, Wendy who manages our venue bookings and Christine Tarry our audition secretary. You all do a terrific job, thank you.
And of course, thanks are due to every one of you. It’s your choir and it is literally nothing without you and your voice. Together we make a beautiful sound, as our website says, “When we sing together, we open eyes, stir hearts and awaken souls.” and long may it continue.
Richard Blows BFC Chair
Treasurer’s Report
This year the Chorus recorded a surplus of £12,862, marginally less than the £13,821 from the previous year. The ongoing impact of the increased subscriptions makes more money available for concerts and as was the case last year, due to a full calendar of fee-paying engagements, there was no Spring Own Promotion (OP) concert. Moreover, the Sussex Sings Bach fundraising effort helped to partially offset the high level of expenditure on the Summer OP Bach concert and related activities. Finally, the Chorus benefited from one particularly well remunerated fee-paying engagement.
The total income of the Chorus increased slightly from £127,018 last year to £128,808 this year. 52% of this year’s income came from concert and recording activities compared to 50% last year (2024 £66,418, 2023 £63,266). The second largest source of income was member subscriptions which represented, as it did last year, 31% of total income (2024 £39,380, 2023 £38,883). While last year the Chorus received £8,150 in grants, this year the Sussex Sings Bach fundraising initiative raised £8,078 which included a £2,500 matching donation from the Big Give Arts for Impact campaign.
The total expenditure of the Chorus increased from £113,197 last year to £115,946 this year. The most significant increase was in concert costs which increased by £6,683 (2024 £86,705, 2023 £80,022). This increase was offset by reduced professional staff costs because, unlike last year, this year’s repertoire required no additional rehearsals (2024 £20,795, 2023 £25,750).
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BRIGHTON FESTIVAL CHORUS Annual accounts for the ear anded 31 Jul 2024 Tru8toos' R•port eont'd In tamis tn? Lnorus's own o)n¢orts. tho Lnnstmas Lonc•rt at Isrignkni uome again sola out. so mat breakéven was nearly achSeve(1. 80th All Salnts OP concerts (Pucclnl in thè autumn and Bach In th summor} sold out. wfjth both concerts Incumng deflclts withln budget. This s88son's four f66-8amlng erKJagements. one of whlch was very lucratlve. generatsd a surplus of £10,090 compared to £4,313 from six concerts188t yoar. Ovèrall concérts and recordlngs thls year generated a deffctt of £20,287 compared to £16.756 In Ihe prevknus ar. The Bach ¢on¢6rt ¢osts were higher than nomial due to the addttlonal actlvltlgs undertaken as part of the Sussox Slngs Bach Inltiative bLrt the concerts d•fldt of £20,287 do not include the funds1£8,078) ialsed lo 6UPPQrt that concert and related act111@5. Thls Incorne has been Inr.IiirtAfl In nnnatknnlC4ngnllPTIft Ald IncThYb•J nnl8rl AtY)v The a¢¢umulated General Funas of the Chorus at the ond of the year totaHed £41,606 (2023 £28,743). The Chorus also stlll h88 £20,249 (2023 £20,249) In the Development Fund 8nd ag a resutt enters tho new vear in an inGreasinqly stronA flnanclal positlon. Chrfstlne Mlller Trèasurer Richard Blo Chair Datg: LLKY Brett Vice£hair Dale-
BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024 Indeperbdent Examinerfs Report to the trustees of Brighton Festival Chorus I report on the accounts of the charity f¢x the year ended 31 July 2024 vthich are set oul on the pages 7 to 20. Respectlve responsibilities of trustees Ind examlner The trustees are responsible for the preparatson of the accounts The trustees consider thal an aLJdil is not require(J for this year under seCtn 14412) of the Charities Act 2011 (the 2011 Acii and Ihat an In(Jependent examination Is neeoed 11 Is my responsibility to- examine the accounts under section 145 of the 2011 Act.. lo follow the procedures laid down in the general Directions 9iven by Ihe ChaTily Commission under section 14515)Ibl of the 2011 Aci. and • lo slale whethef particular matters have come io my attention. Basis of Independent examiner's report My examination was carried out In accordance with Lhe general Direclions given by the Charily Commission An examination includes a review of the accounting records kept by ihe charily and a comparison of the accounts presented with those records. It also includes cOnseration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters The procedures undertaken ijo not provide all the evidence thal would be required in an audit and consequently no opinion Is given as 10 whether the ac¢ounls present a 'Irue and fair view. and the report Is limited lo those matters sel out in the next statement Independent examiner's stalemenl In connection with my examination, no matter has come to my attention (1) which gives me reasonable cause to believe that In any matefial respect the requirements . to keep accounting records In accoraance with section 130 of the Charities Act 2011. and . to prepare accounts which accord with the accounting records and comply wilh Ihe accouniin9 requirements of the 2011 Act have not been met" or (21 to which. in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached Bnan Surridge F C.C A. Bolden & Long Chartered Certsfied Accountants and Registered Auditors 36a Goring Road Goring by Sea Worthing Wesl Sussex 8N12 4AD Page 6
BRIGHTON FESTIVAL CHORUS Annual accounts for the year ended 31 July 2024
Section A Statement of financial activities
| Restricted | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | income | Endowment | Prior year | |||
| funds | funds | funds | Total funds | funds | ||
| £ | £ | £ | £ | £ | ||
| Incoming resources (Note 3) | ||||||
| Income and endowments from: | ||||||
| Donations and legacies | 60,446 | - | - | 60,446 | 62,859 | |
| Charitable activities | 66,418 | - | - | 66,418 | 63,266 | |
| Other trading activities | 1,385 | - | - | 1,385 | 801 | |
| Investments | 559 | - | - | 559 | 92 | |
| Other | - | - | - | - | ||
| Total | 128,808 | - | - | 128,808 | 127,018 | |
| Resources expended (Note 6) | ||||||
| Expenditure on: | ||||||
| Raising funds | 3,857 | - | - | 3,857 | 4,253 | |
| Charitable activities | 110,720 | - | - | 110,720 | 108,155 | |
| Other trading activities | 1,369 | - | - | 1,369 | 789 | |
| Other | - | - | - | - | - | |
| Total | 115,946 | - | - | 115,946 | 113,197 | |
| Net (expenditure)/income before | ||||||
| investment gains/(losses) | 12,862 | - | - | 12,862 | 13,821 | |
| Net gains/(losses) on investments | - | - | - | - | - | |
| Net (expenditure)/income | 12,862 | - | - | 12,862 | 13,821 | |
| Extraordinary items | - | - | - | - | - | |
| Transfers between funds | - | - | - | - | - | |
| Other recognised gains/(losses): | ||||||
| Gains and losses on revaluation of fixed | ||||||
| assets for the charity’s own use | - | - | - | - | - | |
| Other gains/(losses) | - | - | - | - | - | |
| Net movement in funds | 12,862 | - | - | 12,862 | 13,821 | |
| Reconciliation of funds: | ||||||
| Total funds brought forward | 48,992 | - | - | 48,992 | 35,171 | |
| Funds transferred | - | - | - | - | - | |
| Total funds carried forward | 61,854 | - | - | 61,854 | 48,992 |
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BRIG TO Annual accounts for the HORU ear ended 31 July 2024 Section Balance sheet A(roC Unrestrlcl•d Incom• lund• fund• Endowment Total th1• lunds Tolal last Fix•d a8set8 Intangible assets Tanglbl8 assets Heritage assets Investménts (Note 15> {Note 141 (Note 16) (Note 17) Total flx•d ass•ts Current assets sts)d(s {Not• 18) Debtors (Noté 19) Investments (Note 17) Cash at bank and in hand (Note 24) Totsi cunwnt as••ts 13.723 13,723 8.869 54,333 68,056 54,333 68,056 45,978 54.847 Cr8drtors: aMntS falllng due wlthln one (Note 20) 6,202 8,202 5,855 t currnnt a8s0ty/(IlablNtles) 61.854 61,854 48,992 Total a88•t8 1•8• ¢Uff•nt Il•bHItI•• 48.992 Credltor8.' amounts fallln9 due after one y•ar {Noie 20) Provl•lons for Ilabllltles Total Mt assets or Ilabllltl•s 61,854 FurKls of th• Charlty Endowment funds (N8 27) Restrlcted Inrne fund8 (Note 27) UnrestrEcted funds (Nole 27) Revaluation feserve 61.854 81,854 48.992 rotal funds 48,992 Signed by two trusteos on behalf of all trE trusiees Date of approval ddlMmlyY Name Rich8rd Blows Chair Lucy Brett ViceQhalr Page 8
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
• the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
-
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
-
and with the Charities Act 2011.
1.2 Going concern
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
Not applicable Not applicable
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2. There have been no changes in accounting policies.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period.
1.5 Material prior year errors
No material prior year errors have been identified in the reporting period.
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 2 Accounting policies
2.1 Income
Recognition of income
-
These are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resource; - it is more likely than not that the trustees will receive the resources; and
-
the monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met. The charity received no performance related grants. Legacies The charity received no legacies. Government Grants The charity has not received any government grants in the reporting period. Tax reclaims on donations Gift Aid receivable is included in income when there is a valid declaration from and gifts the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and This is only included in the SoFA once the charity has provided the related goods performance related grants or services or met the performance related conditions. Donated goods, services Donated goods, facilities and services are not recognised as income, except to and facilities the extent that they generate fundraising income for the charity. No stocks of donated goods are held. No goods have been donated for on-going use by the charity. Gifts in kind for use by the charity have are not recognised as income, except to the extent that they generate fundraising income for the charity. Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in Note 5. Income from interest, This is included in the accounts when receipt is probable and the amount royalties and dividends receivable can be measured reliably. Income from membership Membership subscriptions received in the nature of a gift are recognised in subscriptions Donations and Legacies. Membership subscriptions which give a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance There were no settlements of insurance claims. claims Investment gains and There were no investment gains or losses. losses
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 2 Accounting policies cont'd
2.2 Expenditure and liabilities
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance and support Support and governance costs have not been allocated to activity cost categories. costs Grants with performance The charity gave no grants. conditions Grants payable without The charity gave no grants. performance conditions Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts. Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. Basic financial The charity accounts for basic financial instruments on initial recognition as per instruments paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
2.3 Assets
| 2.3 Assets | |
|---|---|
| Tangible fixed assets for | These are capitalised if they can be used for more than one year, and cost at least |
| use by charity | £200. |
| They are valued at cost. | |
| The depreciation rates and methods used are disclosed in note 14. | |
| Intangible fixed assets | The charity has no intangible fixed assets. |
| Heritage assets | The charity has no heritage assets. |
| Investments | The charity hold no investments. |
| Stocks and work in | Stocks held for sale as part of non-charitable trade are measured at the lower or |
| progress | cost or net realisable value. The charity holds no work in progress. |
| Debtors | Debtors (including trade debtors and loans receivable) are measured on initial |
| recognition at settlement amount after any trade discounts or amount advanced by | |
| the charity. Subsequently, they are measured at the cash or other consideration | |
| expected to be received. | |
| Current asset | The charity holds no investments. |
| investments |
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 3 Analysis of income
| Note 3 | Analysis of income | |||||
|---|---|---|---|---|---|---|
| Restricted | ||||||
| Unrestricted | income |
Endowment | ||||
| funds | funds | funds | Total funds | Prior year | ||
| Analysis | £ | £ | £ | £ | £ | |
| Donations | Donations and gifts | 10,020 | - | - | 10,020 | 8,485 |
| and legacies: | Gift Aid | 8,546 | - | - | 8,546 | 7,341 |
| Legacies | - | - | - | |||
| General grants provided by | ||||||
| government/other charities | 2,500 | - | - | 2,500 | 8,150 | |
| Membership subscriptions and | ||||||
| sponsorships which are in substance | ||||||
| donations | 39,380 | - | - | 39,380 | 38,883 | |
| Donated goods, facilities and services | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| Total | 60,446 | - | - | 60,446 | 62,859 | |
| Charitable | Concerts | 66,418 | - | - | 66,418 | 63,266 |
| activities: | Recordings | - | - | - | - | - |
| Other | - | - | - | |||
| Total | 66,418 | - | - | 66,418 | 63,266 | |
| Other trading | Other Trading Activities | 1,385 | - | - | 1,385 | 801 |
| activities: | Other | - | - | - | - | - |
| Total | 1,385 | - | - | 1,385 | 801 | |
| Income from | Interest income | 559 | - | - | 559 | 92 |
| investments: | Dividend income | - | - | - | - | - |
| Rental and leasing income | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| Total | 559 | - | - | 559 | 92 | |
| Separate | - | - | - | - | - | |
| material item | - | - | - | - | - | |
| of income: | Total | - | - | - | - | - |
| Conversion of endowment funds into | ||||||
| income | - | - | - | - | - | |
| Gain on disposal of a tangible fixed | ||||||
| asset held for charity's own use | - | - | - | - | - | |
| Other: | Gain on disposal of a programme | |||||
| related investment | - | - | - | - | - | |
| Royalties from the exploitation of | ||||||
| intellectual property rights | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| Total | - | - | - | - | - | |
| TOTAL INCOME | 128,808 | - | - | 128,808 | 127,018 | |
| Other information: |
The charity has no endowment funds. Within the income items above there are no material items.
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 4 Analysis of receipts of government grants
The charity received no government grants (2023 nil).
This year Last year £ £ The charity received grants from other charitable foundations as follows: Big Give Arts for Impact 2,500 - The Foyle Foundation - 7,500 The Golsoncott Foundation - 650 2,500 8,150
Note 5 Donated goods, facilities and services
This year Last year £ £ Seconded staff - - - - Use of property - - Other - -
Details of the accounting policy for the recognition and valuation of donated goods, facilities and services.
Details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.
Donated goods, facilities and services are not recognised as income, except to the extent that they generate fundraising income for the charity. Not applicable
Details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.
The charity has no employees. It contracts its professional musical staff but most adminstrative and marketing functions are carried out by volunteers.
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
| Note 6 | Analysis of expenditure | |||||
|---|---|---|---|---|---|---|
| Restricted | ||||||
| Unrestricted | income |
Endowment | ||||
| funds | funds | funds | Total funds | Prior year | ||
| Analysis | £ | £ | £ | £ | £ | |
| Expenditure on | Incurred seeking donations | 786 | - | - | 786 | 1,051 |
| raising funds: | Incurred seeking legacies | - | - | - | - | - |
| Incurred seeking grants | - | - | - | - | - | |
| Operating membership schemes and social | ||||||
| lotteries | - | - | - | - | - | |
| Staging fundraising events | - | - | - | - | - | |
| Fundraising agents | - | - | - | - | - | |
| Operating charity shops | - | - | - | - | - | |
| Operating a trading company undertaking | ||||||
| non-charitable trading activity | - | - | - | - | - | |
| Advertising, marketing, direct mail and | ||||||
| publicity | 3,071 | - | 3,071 | 3,202 | ||
| Start up costs incurred in generating new | ||||||
| source of future income | - | - | - | - | - | |
| Database development costs | - | - | - | - | - | |
| Other trading activities | 1,369 | - | - | 1,369 | 789 | |
| Investment management costs | - | - | - | - | - | |
| Intellectual property licencing costs | - | - | - | - | - | |
| Rent collection, property repairs and | ||||||
| maintenance charges | - | - | - | - | - | |
| Total expenditure on raising funds | 5,226 | - | - | 5,226 | 5,042 | |
| Expenditure on | Concerts | 107,565 | - | - | 107,565 | 105,826 |
| charitable | Governance Costs | 3,155 | - | - | 3,155 | 2,329 |
| activities | ||||||
| Total expenditure on charitable activities | 110,720 | - | - | 110,720 | 108,155 | |
| Separate material | Examination of Financial Statements | 700 | - | - | 700 | 650 |
| item of expense | Depreciation and Amortisation | - | - | - | - | - |
| Insurance | 461 | - | - | 461 | 530 | |
| Other Governance Costs | 1,994 | - | - | 1,994 | 1,149 | |
| Total Governance Costs | 3,155 | - | - | 3,155 | 2,329 | |
| Other | - | - | - | - | - | |
| Total Other Costs | - | - | - | - | - | |
| TOTAL EXPENDITURE | 115,946 | - | - | 115,946 | 113,197 |
Other information:
The charity does not analyse its expenditure by activity.
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BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 7 Extraordinary items
The charity does not have any extraordinary items (2023 nil).
Note 8
Funds received as agent
The charity has not received funds as an agent and does not operate as a consortia with another charity to achieve economies of scale (2023 nil).
Note 9 Support Costs
The charity has not adopted the activity analysis of the SORP to analyse expenditure.
| Note 10 Details of certain items of expenditure |
||
|---|---|---|
| This year | Last year | |
| Fees for examination of the accounts | £ | £ |
| Independent examiner’s fees | 700 | 650 |
| Assurance services other than audit or independent | - | - |
| Tax advisory fees | - | - |
| Other fees (for example: financial advice, consultancy, accountancy services) paid | ||
| to the independent examiner | - | - |
Note 11 Paid employees
The charity does not have any paid employees (2023 nil).
Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.
The charity does not operate a defined contribution pension scheme (2023 nil).
Note 13 Grantmaking
The charity has not made any material grants or donations (2023 nil).
Page 15
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 14 Tangible fixed assets
14.1 Cost or valuation
| Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ |
|
|---|---|
| At the beginning of the year - - - 15,344 15,344 Additions - - - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year - - - 15,344 15,344 SL or RB SL or RB SL or RB 10% SL SL or RB Rate - - - 15,344 15,344 Disposals - - - - - Depreciation - - - - - Impairment - - - - - Transfers - - - - - At end of the year - - - 15,344 15,344 - - - - - - - - - - Basis- Straight Line ("SL") or Reducing Balance ("RB") Net book value at the beginning of the year Net book value at the end of the year At beginning of the year 14.3 Net book value 14.2 Depreciation and impairments** |
- - - 15,344 15,344 - - - - - - - - - - - - - - - - - - - - |
| - - - 15,344 15,344 |
|
| SL or RB SL or RB SL or RB 10% SL SL or RB - - - 15,344 15,344 - - - - - - - - - - - - - - - - - - - - |
|
| - - - 15,344 15,344 |
|
| - - - - - - - - - - |
14.4 Impairment and Revaluation
There was no impairment or revaluation of tangible assets.
14.5 Other disclosures
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.
Not applicable Not applicable Not applicable
Page 16
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 15 Intangible assets
The charity does not have any intangible assets (2023 nil).
Note 16 Heritage assets
The charity does not hold any heritage assets (2023 nil).
Note 17 Investment assets
The charity does not have any investment assets (2023 nil).
Note 18 Stocks
The charity does not have any stock held for resale (2023 nil).
Note 19 Debtors and prepayments
| Analysis of debtors | This year | Last year | |
|---|---|---|---|
| £ | £ | ||
| Trade debtors | - | - | |
| Other taxation and social security | 9,750 | 8,011 | |
| Prepayments and accrued income | 3,973 | 858 | |
| Other debtors | - | - | |
| Total | 13,723 | 8,869 | |
| Note 20 Creditors and accruals |
| 20.1 Analysis of creditors | Amounts falling due within one year |
Amounts falling due within one year |
Amounts falling after more than year |
Amounts falling after more than year |
Amounts falling after more than year |
due one |
|---|---|---|---|---|---|---|
| This year | Last year | This year | Last year | |||
| £ | £ | £ | £ | |||
| Accruals for grants payable | - | - | - | - | ||
| Bank loans and overdrafts | - | - | - | - | ||
| Trade creditors | 1,862 | 1,505 | - | - | ||
| Payments received on account for contracts or | ||||||
| performance-related grants | - | - | - | - | ||
| Accruals and deferred income | - | - | - | - | ||
| Taxation and social security | - | - | - | - | ||
| Other creditors | 4,340 | 4,350 | - | - | ||
| Total | 6,202 | 5,855 | - | - |
Page 17
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
20.2 Deferred income
| Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period 2023 Nil 2024 Nil |
This year Last year £ £ - 1,980 - - - 1,980 - |
|---|---|
| - - |
Note 21 Provisions for liabilities and charges
The charity has no provisions for liabilities and charges (2023 nil).
Note 22 Other disclosures for debtors, creditors and other basic financial instruments
| 22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here. |
Not applicable |
|---|---|
| Not applicable |
Note 23 Contingent liabilities and contingent assets
23.1 Contingent liabilities
The charity has no contingent liabilities (2023 nil).
23.2 Contingent assets
The charity has no contingent assets (2023 nil).
Note 24 Cash at bank and in hand
| Note 24 Cash at bank and in hand | |
|---|---|
| Other Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Total |
This year Last year £ £ - - - - |
| 54,333 45,978 | |
| - - |
|
| 54,333 45,978 |
Page 18
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
Note 25 Fair value of assets and liabilities
25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.
25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.
Not applicable
Not applicable
Note 26 Events after the end of the reporting period
Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made
None Not applicable
Note 27 Charity funds
27.1 Details of material funds held and movements during the CURRENT reporting period
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund | Fund | ||||||
|---|---|---|---|---|---|---|---|
| Type | balances | balances | |||||
| PE, EE | brought |
Gains and | carried | ||||
| R or U* | forward | Income | Expenditure | Transfers | losses | forward | |
| Fund names | £ | £ | £ | £ | £ | £ | |
| Unrestricted - General | U | 28,743 | 128,808 | (115,946) | - | 41,605 | |
| Restricted Funds | R | - | - | - | - | - | - |
| Designated Funds | U | 20,249 | - | - | - | - | 20,249 |
| Total Funds | 48,992 | 128,808 | (115,946) | - | - | 61,854 |
27.2 Details of material funds held and movements during the PREVIOUS reporting period
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Fund | Fund | ||||||
|---|---|---|---|---|---|---|---|
| Type | balances | balances | |||||
| PE, EE R or U* |
brought forward |
Income | Expenditure | Transfers | Gains and losses |
carried forward |
|
| Fund names | £ | £ | £ | £ | £ | £ | |
| Unrestricted - General | U | 14,922 | 127,018 | (113,197) | - | 28,743 | |
| Restricted | R | - | - | - | - | - | - |
| Designated Funds | U | 20,249 | - | - | - | - | 20,249 |
| Total Funds | 35,171 | 127,018 | (113,197) | - | - | 48,992 | |
The Designated Funds are the balance of monies raised during the 2018 BFC50 Appeal to celebrate the Chorus' 50th anniversary. They are being used to fund projects which will help the secure the Chorus's future.
Page 19
BRIGHTON FESTIVAL CHORUS
Section C Notes to the accounts for the year ended 31 July 2024 (cont'd)
27.3 Transfers between funds
| Reason for transfer and where endowment is converted to income, legal power for its conversion |
Amount £ |
|
|---|---|---|
| Between unrestricted and restricted funds |
- | |
| Between endowment and restricted funds |
- | |
| Between endowment and unrestricted funds |
- |
Note 28 Transactions with trustees and related parties
28.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (2023 nil).
28.2 Trustees' expenses
No trustee expenses have been incurred (2023 nil).
28.3 Transaction(s) with related parties
There have been no related party transactions in the reporting period (2023 nil).
Note 29 Additional Disclosures
There are no significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts (2023 nil).
Page 20