MILTON KEYNES CHORALE Registered charity number 1178002
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2023
The Trustees present their report and accounts for the year ended 31 July 2023 and confirm that they comply with requirements of the Charities Act 2011, MK Chorale’s Constitution, and the Charities SORP (FRS 102).
The objects of the charity are to advance, improve, develop, and maintain public education in, and appreciation of, the art and science of music in all its aspects by any means the trustees see fit, including through the presentation of public concerts and recitals in and around Milton Keynes.
Review of Activities and Achievements
The choir continued its pattern of concerts during the year. Four concerts were performed, in November, at Christmas, in March and July. In addition, a workshop was held in January.
During the year, the Trustees met on five occasions to plan the year ahead and the 50[th] anniversary year in 2024/25.
Financial Review
Income for the year was £37,439 and expenditure was £33,360 giving a surplus of £4,079. Full information can be seen in the annual accounts.
Total reserves on 31 July 2023 were £20,192. The Trustees believe this is necessary and sufficient to fund the choir’s future plans.
Structure, Governance and Management
The charity operates under a Constitution for a Charitable Incorporated Organisation dated 6 March 2018, which sets out how Trustees are elected.
The charity’s principal address is:
13 Merino Green, Oakridge Park, Milton Keynes, MK14 6FL
The following served as Trustees throughout the year:
Mr Will Swann Chair Mrs Juliet Gilliland Secretary Mr Cyril Wood Treasurer Mrs Glenys Bloomfield Membership Mr Ian Collcott Internal communications Mrs Karen Collcott Health & safety and safeguarding Mrs Ruth Wilkinson Event publicity Mrs Anne Wood Concerts
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The following were elected on 18 October 2022:
Mrs Leah Attwood Mrs Sarah Dyer PR manager Dr Jacky Holloway
Ms Christine Dickens resigned on 18 October 2022.
Declarations
The Trustees declare that they have approved the Trustees’ report above.
Signed on behalf of the charity’s Trustees
Signature: ………………………………………………………….
Full name: Cyril Christopher Wood Treasurer
Date: [ 2023
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Milton Keynes Chorale
Accounts for the year ended 31 July 2023
Milton Keynes Chorale Balance Sheet 31 July 2023
| Current Assets Debtors and Prepayments Bank accounts Building Society Cash Current Liabilities Creditors and Accruals Net Assets Represented by: Funds Charles Francis Fund (note 3) Conducting scholarship (note 4) Young people (note 4) General Fund |
£ 3,340 4,969 12,272 389 562 1,372 173 18,085 |
£ 20,581 389 20,192 20,192 |
2022 | |
|---|---|---|---|---|
| £ 4,585 226 12,144 120 962 748 1,172 14,193 |
£ | |||
| 17,075 962 |
||||
| 16,113 | ||||
| 16,113 |
The notes on the attached pages form part of these accounts
Milton Keynes Chorale Statement of Financial Activities For the year ended 31 July 2023
Income
Expenditure
Net Income/(Deficit) Brought forward Carried forward
| General Income 3rd party collections Events Total Income General Expenditure Ukraine collection Events Total Expenditure |
Notes 2 5 2 5 |
General Fund £ 22,574 13,176 35,751 17,698 14,161 31,859 3,892 14,193 18,085 |
Conducting £ 1,500 1,500 1,300 1,300 200 1,172 1,372 |
Young People £ 188 188 15 15 173 173 |
Charles Francis Fund £ 186 186 (186) 748 562 |
Total Fund £ 24,262 13,176 37,439 19,199 14,161 33,360 4,079 16,113 20,192 |
2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| General Fund £ 17,546 688 22,777 41,011 16,749 688 32,125 49,562 (8,552) 22,745 14,193 |
Conducting Charles Francis Fund £ £ 1,500 1,500 1,328 612 1,328 612 172 (612) 1,000 1,360 1,172 748 |
Total Fund £ |
|||||||
| 19,046 688 22,777 |
|||||||||
| 42,511 | |||||||||
| 18,689 688 32,125 |
|||||||||
| 51,502 | |||||||||
| (8,992) 25,105 |
|||||||||
| 16,113 |
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Milton Keynes Chorale Notes to the accounts For the year ended 31 July 2023
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Accounting Policy
These accounts have been prepared under the historic cost convention in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting for Charities
| General Income and Expenditure Income Members' Subs Tax Refunds From Gift Aid Bank & Building Society Interest Fundraising Income (note 6) Music Hire Chorale Hire Library Income Donations Choir Folder Income Expenditure Rehearsal costs MK Choirs Festival Music Hire/Purchase Chorale Hire Library Costs Admin Square charges Olivia leaving gift Subscriptions & Fees Payable Arts & Heritage MK Community Insurance Making Music Membership PRS Surplus |
£ 17,182 2,911 174 397 812 384 685 30 15,068 294 728 301 469 131 50 143 365 149 |
£ 22,574 17,698 4,876 |
202 | 2 |
|---|---|---|---|---|
| £ 14,225 2,032 15 100 980 70 10 114 15,062 42 972 16 105 2 33 50 274 95 98 |
£ | |||
| 17,546 16,749 |
||||
| 797 |
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Milton Keynes Chorale Notes to the accounts (cont.) For the year ended 31 July 2023
| 3 Charles Francis Fund Income Expenditure Web costs (Deficit) 4 Conducting & Young People This is money received to be spent on a Conducting Scholar and for Young People to attend concerts 5 Event Income & Expenditure Autumn Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument hire Ticket Commission Printing & Advertising Miscellaneous Surplus/(Deficit) Christmas Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus/(Deficit) |
£ £ 2,356 16 666 1,117 1,117 42 83 26 1,843 120 916 164 15 179 |
£ 186 (186) £ 3,037 2,386 652 1,963 1,274 688 |
202 | 2 |
|---|---|---|---|---|
| £ £ 3,975 4,387 2,609 28 100 70 92 909 12 |
£ | |||
| 612 | ||||
| (612) | ||||
| £ | ||||
| 3,975 7,194 |
||||
| (3,219) | ||||
| 92 921 |
||||
| (829) |
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Milton Keynes Chorale Notes to the accounts (cont) For the year ended 31 July 2023
| Workshop Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus Spring Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus/(Deficit) |
£ 1,656 127 574 65 45 26 4 2,159 273 2,120 5,563 1,613 27 324 84 |
£ 1,783 715 1,068 4,552 7,612 (3,060) |
202 | 2 |
|---|---|---|---|---|
| £ 1,151 487 58 2,110 160 332 1,668 248 35 126 29 |
£ | |||
| 1,151 545 |
||||
| 606 | ||||
| 2,602 | ||||
| -1,996 | ||||
| 2,106 | ||||
| 496 |
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Milton Keynes Chorale Notes to the accounts (cont) For the year ended 31 July 2023
| ed 31 July 2023 Jubilee parade Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus Summer Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus (Deficit) Summary of All Events Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Deficit 6 Fundraising Income & Expenditure Coffee/Tea Amazon Easyfundraising |
£ 1,505 156 181 1748 150 20 153 102 £ 9,519 445 3,213 9,919 3,110 149 587 395 Income £ 250 18 129 397 |
£ 1,842 2,174 (332) £ 13,176 14,161 (984) Expenditure £ |
Net Income £ 250 18 129 397 |
£ 500 240 9,537 211 4,710 12,086 6,770 429 1,615 219 17,365 371 5,042 19,537 9,867 562 1,841 318 |
£ 500 240 260 14,458 21,119 (6,661) 22,778 32,125 (9,347) Net Income 2022 £ 13 87 100 |
|---|---|---|---|---|---|
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name MILTON KEYNES CHORALE members of On accounts for the year 31 JULY 2023 Charity no 1178002 ended (if any) Set out on pages 1 TO 6 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2023.
Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect,:
-
the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Date: | 19/08/2023 |
|---|---|---|
| DR ADRIAN PRISK | ||
| n/a | ||
| 15 PARKLANDS. GT LINFORD, MILTON KEYNES, MK14 5DZ | ||
October 2018
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IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here details of any items that the examiner wishes to disclose .
These accounts are very well presented. I have checked the records and have not identified any errors. All items recorded reconcile with Bank Statements and other records provided.
October 2018
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IER