Leeds Vocal Movement Charity Number: 1177305 LEEDS VOCAL MOVEMENT Trustees, Annual Report and Financial Statements for the Period l Aug 2023 to 31 Jul 2024 May 2025 LVM Report & Accounts 2023-24 Leeds Vocal Movement Tru5tees' Annual Report for the Period Ended 31 Jul 2024 This page is left blank intentionally Poge2oA9 Leeds Vocal Movement Trustees, Annual Report for the Period Ended 31 Jul 2024 Reference & Administration Details Charlty name: Leeds Vocal Movement Charity number: 1177305 Charity's operating address: 2 Petrle Street, Leeds Postcode: LS13 INA Names of the Charlty Trustees who Manage the Charlty IAdde¥tra rows us requlredj Trustee Name ONl¢e (If unyj Appointed Retlred Thomas George Treasurer 22 Nov 2019 Francesca Russo 04 Nov 2020 Emma Hird Aidan Stirk 04 Nov 2020 19Jan 2023 Oscar Webber Alexandra Paixao Costs 19 Jan 2023 21 Sep 2023 Names & Addresse5 of Advisors Alome Bank: 5antsnder Address & Postcode 10 Park Row, Leeds LSI 5HD Names of Senior Staff with Delegated Responsibilities Nume Elizabeth Leather Musical Director Puge3of 9 Leeds Vocal Movement Trustees, Annual Report for the Perlod Ended 31 Jul 2024 Structure, Governance & Management Description of the Charity's Trusts Type of Governlng Document: Constitution How the Charlty Is Con¥(Ituted: Charitable Incorporated Organisation (Foundation) Trustee Selertlon Methods: Appointment How New Trustees are Standard handover & training frorn predecessor Indurted and Tralned: Objectives & Activities Summary of the Objects of the Charity as set out in its Governing Document To sdvance. improve. develop and maintain public education in, and appreciation of, the art and Science of music in all its asperts by any means the trustees see fi¢ Including through the presentstlon of publlc concerts and recitals. Summary of the Maln Actlvitles Undertaken for the Public Benefit in Relation to the Charity's Objects Regularly rehearsed membership choir, holding regular public concert5 Public Workshops Achievements & Performance Ststutory Declaratlon The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the cornmis5ion In exercising their powers or duties. Summary of the Main Achievements of the Charity for the Year Leeds Vocal Movement started the year with a reorganlsation of professional staff In September 2023. Our fomier Musical Director Caitlin Mayall. and Accompanist Sylvia Jen both stepped away from the choir to look after their newborn children, and we were very lucky to brlng Elizabeth Leather and Grace Middleton onboard to cover their maternity leaves. Elizabeth and Grace have both since taken on full time roles with the choir. LVM would like to thank Caitlin and Sylvia for their dedication and leadershlp over the past 5+ years1 Tenn I began with a series of open rehearsals. welcoming new members to the choir and increasing member numbers to S4 in Term l. compared to 49 the prevlous year. We continued to regularly rehearse at Leeds Clty College, benefitting from a generous charity rate, and we would like to thank LCC for their support of the choir. LVM continued our partnership with Cornerstone Baptist Church, with Term I culminating in a concert there In December 2023. We welcomed students from Notre Dame Sixth Form to join us for selected piece5, aiming to Increase muslcal educatlon and appreclatlon wlth the young people of Leeds. Tlcket sales exceeded every Poge4of 9 Leeds Vocal Movement Trustees, Annual Report for the Period Ended 31 Jul 2024 expectation. nearly doubling those of the previous year with 206 total 5ale5. maklng thls LVM'S most successful concert of all time. It was a fantasuc event, very well recelved by choir and public alike. and even ended with a f￿$h snowfall l This concert was fDllowed by a busking opportunity in Kirkgate Market the following week. raising money for Children's Heart Surgery Fund, a charity proposed by one of our members. Following the winter breaL LVM used terms two and three to prepare for a concert in the summer, as well as an opportunty to be involved with a project in conjunction with the Serpentine Gallery. LVM was selected as a choir to represent West Yorkshire in Holly Herndon and Mat Dryhurst's innovative project "The Call" an examination on the use of Al in choral music. It incredible to be a part of this country-wide project, which involved learning brand new music composed by Holly, and a two-hour recording se55ion in Leeds Wlth Holly and Mat. The work is being displayed in the Serpentine Gallery from October 2024 to February 2025. Our summer concert was hosted in July 2023. again in partnership with Cornerstone Baptlst Church. Once again. over 100 members of the public attended, following on from the successes of the previous two concerts at Cornerstone LVM also took part in a some community parades for the first time. performlng at Pudsey Carnlval in May 2024, and taking up a t103t in Leeds Pride parade the week after our concert in July. Both events proved very successful for increasing the name recognition of the choir, and spreading music education to the people of West Yorkshirel Financial Review Overvlew Leeds Vocal Movement continued to stabilise It's financial position through 2023-24, with the impact of the COVID-L9 pandemic now Mitigated and membership number5 at a higher level than pre-pandemic for the first time. Our concerts, especially the winter concert. significantly outperformed budget expectations. This allowed US to reinvest in-year by choosing a more adventurous musical selection for the summer term. The summer concert came in slightly below expectations. however this was offset by a generous donation from the Serpentine Gallery for our contribution to-The Call". This will come through in the 2024-25 accounts. Cash funds stayed well above reserve level. and we ended the year with a small overall surplus. as well as an expectation of the Serpentine funds coming early In the next year. Brlef Statement of the Charlty's Policy on Reserves Leeds Vocal Movement will hold sufficient reserves to enable the long-term sustainabilty of the charity. The reseNes held will Cover one term of standard operating costs. to enable the choir to ¢ontinue in the event of a loss of external funding or other major financial event imparting on the ability of members to mntribute thelr membership fee5. This policy will be reviewed annually in line with the budgeting and planning process to ensure that the re5ervE5 policy does not restrict the ability of Leeds Vocal Movernent to grow or to enhance operations. On the b4515 of current operating costs, Leeds Vocal Movement will maintain a reserve of £2,500 to be used for the purposes outlined above. Detalls of Any Funds Materlally In Deflclt The￿ Is no material deficit. PogeSof 9 Leeds Vocal Movement Trustee5' Annual Report for the Period Ended 31 Jul 2024 Statutory Notes to the Accounts Particulars of Any Outstanding Guarantee Given by the CIO There is no outstanding guarantee given by the CIO. Particulars of Any Outstanding Debt There is no outstandingdebt. Other Optional Information Not applicable. Poge6oA9 Leeds Vocal Movement Trustees, Annual Report for the Period Ended 31 Jul 2024 Declaration The Trustees declare that they have approved the Trustees, Report above. Signed on behalf of the Charity's Trustee5 Signature(sl: Full Namels): THoM.As &Eoiia- Position{s): CHAIR OF TR IJST- f S Date: Osclii 66EQ 2115/25 915115 Independent Examiner's Report on the Accounts Due to the Small size of Leeds Vocal Movement, an independent examiner's report is not required. Pa9e 7of 9 Leeds Vocal Movement Trustee5' Annual Report for the Period Ended 31 Jul 2024 CC16a Section A Receipts and payments Unrestricted R•$trlcted Endowment funds funds fund$ i ! Total funds to the nearngt ,' to the nearest to the nearest ' to the nearest :.lo th• n•ar•8t Lasty•ar A1 Recelpts Membership income Concert iwwrne Donauons £7,110.00 £2,340.68 £0￿0 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £7,110.110 £2,340.68 £0.00 £7,505.00 £2,083.52 £30.17 Interest £0.00 £0.00 £0.00 £0.00 Sodal £0.00 £0.00 £0.00 £0.00 £0.00 Grant £0.00 £o,00 £0.00 Sub total (Gross incom• forAR) £9,450.68 £o.o £0.00 £9.450.68 £9,618.69 A2 As¥et and Invèstment sale5 Foldèr8 £50.00 £o.o(J £0.00 £50.00 £10.00 Sub total £50.00 £O.DO £ofjo £50.00 £10.00 Total roG01pts £9,500.68 £0.00 £0.00 £9,500.68 £9,628.69 A3 Payments Wages Venua costs Insur8nc8 £6,307.00 £1,340.02 56.72 £0.00 £O.OD £0.00 £6,307.00 £1,340.02 £258.72 £7.269.72 £389.67 £0.00 £0.00 £0.00 £160.55 Expen895 Rofunds £379.73 £o.ofj £0.00 £379.73 £28.80 £10.00 £0.00 £0.00 £10.00 £0.00 Web & Marketing So¢ixl £113.20 £50.00 £0.00 £0.00 £0.00 £11320 £50.00 £214A4 £0.00 £0.00 Workshops £0.00 £8.456.67 £0.00 £0.00 £0.00 £0.00 £0.00 £8,456.17 £350.IXI £8,413.10 Sub total A4 A¥set and Investment purchases Fdders £300.00 £0.00 £0.00 £300.00 £30.00 Muslc £532.24 £0.00 £0.00 £53224 £886.20 Sub total £832.24 £0.00 £0.00 £83224 £91620 Totalpayments £9,288.91 £0.00 £0.00 £9.288.91 £9,329.38 Net of recwpts/(payments) A5 Tr4n¥forn betw•*n fvnds £211.77 £0.00 £0.00 £211.77 £299.31 £O.DO £0.00 £0.00 £0.00 £0.00 A6 Cash fund¥ 14st ygar gnd Co8h funds th18 yearend £3,497.01 £3.708.78 £425.00 £0.00 £3.922.01 £4133.78 £0.00 £425.00 £0.00 £299.31 Poqe8of g Leeds Vocal Movement Trustees, Annual Report for the Period Ended 31 Jul 2024 Section B Statement of assets and liabilities at the end of the period Unrestrlrted Restrlcted funds funds Endowment ', funds Categorles Detsils to nearest É to neare5t£ to nearest £ Bl Cash funds Toial fuNI$ £3,708.78 £425.00 Totol coshfvnd5 £3.708.78 £425.00 lagree bilonces ￿th TKelpts and paymentsaccountlsll Unrestricted lunds Restricted funds Endowrnent funds Details fo n•arest £ to n•ar•5t£ to neare5t£ B2 Other monetary assets Fund towhlch 8S5èt belongs Currentvalue {optionall , Detalls Cosi lopuonill | B3 Investment assets Fund to whlth as$*t bplon85 Unrestrfcted Cost loptlonall Currerttvalu¢ (Dpttonall £500 Detai15 B4 Assets retslned for the charity's own use Choir fdders Card mathine Unrestricted Muslc Unrestrict8d Fund to whlth Ilablllty relates Amount due 1r When due {optlonall Detalls loptlon411 ' B5 Llabilltles Slgned by one or two trustees on behalf of all the trustee5 Dats of approval Slgnature Print Name Poge9of 9