Leeds Vocal Movement Charity Number: 1177305 LEEDS VOCAL MOVEMENT Trustees, Annual Report and Financial Statements for the Period l Aug 2020 to 31 Jul 2021 Aug 2021 LVM Report & Accounts 2020-21 Leeds Vocal Movement Trustees. Annual Report for the Period Ended 31 Jul 2021 This page is left blank intentionally Poge 2 of9 Trustees, Annual Report forthe Period Ended 31 Jul 2021 Reference & Administration Details Charity name: Leeds Vocal Movement Charity number: 1177305 Charity's operating address- 23 Abbott Road. Leeds Postcode: LS12 21Q Names of the Charlty Trustees who Manage the Charlty iAdde*trgrows #s requlredj Offlce (Ilaryl Chair Treasurer Rosena Stevens Sally Stephens Florence Mather Joanna O'Hea Thomas George Francesca Russo 26 Feb 2018 26 Feb 2018 07 Oct 2019 07 Oct 2019 22 Nov 2019 04 Nov 2020 04 Nov 2020 Emma Hird Names & Addresses of Athilsors 8ank.. Santsnder 10 Park Row, Leeds LSI 5HD Names of Senlor Staff wfth Delegated Respon51bllltle5 Caltlln Mayall Musical Dirertor Page3oA9 Trustee5' Annual Report for the Period Ended 31 Jul 2021 Structure, Governance & Management Descrfptlon of the Charity's Trusts Trpe of Governl￿ DocumenL" Constitutlon How the Charity is Constltuted: Charitable Incorporated Organisation {Foundation} Trustee Selectlon Methods: Appointment How New Trustees are Standard handover & trdining from predecessor Indurted and Tralned= Objedives & Activities Summary of the Objects of the Charlty as set out In Its Governlng Document To advance. Improve. develop and maintsin public education in. and appreciation of, the art and science of musi¢ in all its aspects by any means the trustees see fit, including through the presentation of publlc cOn￿rtS and recitals. Summary of the Maln Activities Undertaken for the Publlc Benefft in Relatlon to the Charlty's Objerts Regularly rehearsed membership choir. holding regular publlc concerts Public Workshops Achievements & Performance Statutory Declaratlon The trustees declare that they have complied with their duty to have due regard to the guidan￿ on public benefit publlshed by the commission in exerdsing their or duties. Summary of the Maln Achievements of the Charity for the Year Leeds Vocal Movement has continued to oper3te throughout the past year, despite the impact of the COVID-19 coronavirus pandemic. The restrictions imposed by the UK government have meant that in the past year LVM ha5 not been able to condutt ary artivity in person, but the choir has effecb.vely transitloned to an online mode of delivery with ￿hearSalS held on a fortnightly basis on the Zoom wdeo calling platfonn. Due to the different mode of deliveryi members have been invited to'pay as they feev throughout the year, resulting in slightly lower income overall, but engagement has remained posliSve with around a quarter of regular members stswng in touch with the choir through the year. In December 2020 the choir ￿leaSed our second online performance, with choir members Submitting their recordings frorn home. These retordings We￿ then edited together and released wa our Facebook page, YouTube, and on other social channels. To date this video has re￿IVed over 5(10 views. This recording VRS significant for the thoir as the piece {The Seal Lullaby} was rehear5eil and leamed enrlrely online. Poge4of 9 Trustees, Annual Report for the Period Ended 31 Jul 2021 This year we have not hosted any public workshops due to lack of fundin& and instead we have continued to focus on community-building for our choir members. through social events and opportunities. These have included online events such as film viewings and quizzes, and more recently trips to parks aExI venues as the restrictions are relaxed. In lune 2021 plans were developed for a return to in-person rehearsal in September 2021, and we are pleased to find that the majority of our members are interested to retum. meaning we have had to re-open our waiting list as we contlnue to ensure our members are safe and comfortable while they rehearse. Financial Review Overview Leeds Vocal Movement remains in a strong financial position this year due to careful management of funds and the generosity of members who continued to attend online rehearsals. Following the dissolution of Seedbed Foundation. a primary 8fant funder for LVM in 2018. the remalnin8 restrirted funds from that grant allocation have been transferred to unresiricted assets in line with the agreement set up with Seedbed on receipt of the orislnal 8fdnt. LVM 15 the proud recipient of grant funding from the ￿QYlY Carte Foundation, which will allow the choir to create and run three onllne workshops in the coming 12 months. These will each have a different focus and wlll result In materials and content which our members can conilnue to benefft from long-term. Brief Statement of the Charity's Policy on Reserves Leeds Vocal Movement will hold sufficient re5eprfes to enable the long-term sustainabillty of the charlty. The reserves held will cover one tem of standard operating costs, to enable the cholr to contlnue in the event of a loss of external funding or other major financial event impacDn8 on the ability of members to contrlbute thelr membershlp fees. This pollcy will be reviewed annually in line with the budgeting and plannin8 process to ensure that the selves policy does not restrict the ability of Leeds Vocal Movement to or to enhance operation& On the basls of current operatlng CQSt5. Leed5 Vocal Mo¥ernent will maintsiTr a reserve of £2,5rxi to be used for the purposes outlined above. Detalls of Any Funds Materfally In Defidt There is no material deficit. ststutory Note5 to the Accounts Particulars of Any Outstandlng Guarantee Given by the ao There is no outstanding guarantee given by the CIO. Particulars of Any OutstsndSng Debt There Is no outstanding debt. Poge5 of9 Tru5tees' Annual Report for the Period Ended 31 Jul 2021 Other Optional Information Not applicable. Poge6of 9 Trustees, Annual Report for the Period Ended 31 Jul 2021 Declaration Signed on behalf of the Charity's Trustees Full Namels): s￿6￿)5 Posltlon(s): OZp/aq/oi Independent Examiner's Report on the Accounts Due to the small s12e of Leeds Vocal Movement. an independent examlnerfs report Is not requlred. Poge 7019 Leeds Vocal Movement Tru5tees' Annual Report for the Period Ended 31 Jul 2021 CC16a Section A Receipts and payments Unrestricted Restricted Endowmgnt Total furKIs Ltst y• A1 Receipts Membership Concert incom• Donalion8 £4X71 £4X71 £4,321.33 £1.311.00 £12.08 £0 £0.00 £0￿0 8.58 £0.00 £18￿8 Inte￿st £oJKJ Social Grant £27U3 £1.875.IKI £1 J75 £i.oo0￿0 Sub total (Gmu Incom• forAR) £1.87&fAI £2,32829 £6,919J4 A2 ABs•t and Inv•stmont sale$ £0.00 £0.00 Sub total £0.00 £1.87UXI £oJJo £2,32829 £6.919.34 A3 Paymont• Wages Vonu8 costs £1.737.5tl £1.737.50 £0.00 £2,984.30 £658.50 £0.00 Insurance £0.00 £206A8 £183.00 Expense8 Rofunds Web & Markèlng Social £0.00 £0.00 £0.00 £54.18 £0.00 £oA 00 £25.55 £191.39 £191.39 £17199 £0.00 £0 £287.87 £0.00 £2,13&77 £550.00 £550.00 £2.685.77 £0.00 £4.366.39 Sub tstai A4 Asset and In￿lM￿Trt purchaBo8 Folders £0 £0.00 £0 £10.00 Muslc £178.32 £0.00 £178.32 £161.49 Card Maching £0.00 £0 £oJ £17.40 Zoom svbscrrption £143.88 £0.00 £143J8 £143.88 Sub tolal £32220 £332.77 Totolpyments 457J7 £55QOO £3,007.97 £4.699.16 2.0￿68 £1.325.1)O £ooo 679.68 £2.220.18 £2,15I79 £1153.79 £0.00 £0 £oJ A6 Cash fvnds last yew end Cash funds this year £3.￿83 15179 £6.018.62 £OA £4013.94 £1J25AKI £0.( £5.338J4 £2.220.18 Poge8of 9 Trustees. Annual Report for the Period Ended 31 Jul 2021 Section B Statement of assets and liabilities at the end of the period Categorie5 Details funds funds nds Bl Cash funds otslfunds £4.Ot3.94 £1.325JIO Total coshfvnds £4.013.94 £1,325.00 p*ft￿lts at¢tyJrt¢sll funds fvnd5 funds Detèils B2 Other monetsry assets Cort{+)pdwll CuYYenl v•lue lopthnall Detalls 83 Investment assets Deta115 lopilthMII B4 Assets retalned for the charlty's own use Choir folde Unrestsici UnrestriC￿j When lopuonall Detsils T relates lopllgn•ll B5 Llabllftles Signed by or ts¥o trustees on behalf of all the trLtstees Si8nature Print Name Date of approval /0 7rtJ 41.11 Li Poge9of 9