MILTON KEYNES CHORALE Registered charity number 1178002
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2024
The Trustees present their report and accounts for the year ended 31 July 2024 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 six occasions to plan the year ahead and the 50[th] anniversary year in 2024/25.
Financial Review
Income for the year was £41,645 and expenditure was £38,126 giving a surplus of £3,519. Full information can be seen in the annual accounts.
Total reserves on 31 July 2024 were £23,710. 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 during the year
Mr Will Swann Chair Mrs Juliet Gilliland Secretary (until 6 January 2024) Mr Cyril Wood Treasurer Mrs Glenys Bloomfield Membership Mrs Sarah Dyer PR Manager Dr Jackie Holloway (appointed 17 October 2023) Mrs Becky Kitchen (appointed 17 October 2023) Mr Graham Pembury (appointed 17 October 2023) Mrs Suzie Morris (appointed 17 October 2023) Mrs Ruth Wilkinson External Publicity & Events Mrs Anne Wood Concert Manager
In addition Mrs Leah Attwood, Mrs Karen Collcott and Mr Ian Collcott served on the board until their resignations on 17 October 2023.
Declarations
The Trustees declare that they have approved the Trustees’ report above.
Signed on behalf of the charity’s Trustees
Signature Cyril C Wood
Full name: Cyril Christopher Wood Treasurer Date: 4 September 2024
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MILTON KEYNES CHORALE
Milton Keynes Chorale Balance Sheet 31 July 2024
| Current Assets Debtors and Prepayments Bank accounts Building Society 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 |
£ 4,772 6,882 12,627 572 562 1,872 333 20,943 |
£ 24,281 572 23,710 23,710 |
2023 | 2023 |
|---|---|---|---|---|
| £ 3,340 4,969 12,272 389 562 1,372 173 18,085 |
£ | |||
| 20,581 389 |
||||
| 20,192 | ||||
| 20,192 |
The notes on the attached pages form part of these accounts
Milton Keynes Chorale Statement of Financial Activities Year ended 31 July 2024
Income
Expenditure
Net Income Brought forward Carried forward
Income
Expenditure
Net Income/(Deficit) Brought forward
| Notes General Income 2 Events 5 Total Income General Expenditure 2 Events 5 Total Expenditure General Income 2 Unity Homeless Appeal Events 5 Total Income General Expenditure 2 Unity Homeless Appeal Events 5 Total Expenditure |
General Fund £ 27,977 11,918 39,895 20,910 16,126 37,036 2,859 18,084 20,943 |
Conducting £ 1,500 1,500 1,000 1,000 500 1,372 1,872 |
Young People £ 250 250 90 90 160 173 333 2023 |
Charles Francis Fund £ 0 0 0 0 562 562 |
Total Funds £ |
|---|---|---|---|---|---|
| 29,727 11,918 |
|||||
| 41,645 | |||||
| 22,000 16,126 |
|||||
| 38,126 | |||||
| 3,519 20,191 |
|||||
| 23,710 | |||||
| General Fund £ 22,574 200 13,176 35,950 17,698 200 14,161 32,059 3,891 14,193 18,084 |
Conducting £ |
Young People £ |
Charles Francis Fund £ 0 186 186 (186) 748 562 |
Total Funds £ |
|
| 1,500 | 188 | 24,262 200 13,176 |
|||
| 1,500 | 37,638 | ||||
| 1,300 | 15 | 19,199 200 14,161 |
|||
| 1,300 | 33,560 | ||||
| 200 1,172 |
4,078 0 |
||||
| 1,372 | 4,078 |
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Milton Keynes Chorale Notes to the accounts Year ended 31 July 2024
| 2 General Income and Expenditure Income Members' Subs Tax Refunds From Gift Aid New composition Bank & Building Society Interest Fundraising Income (note 6) Music Hire Chorale Hire Library Income Donations including Gift Aid Choir Folder Income Expenditure Rehearsal costs MK Choirs Festival Music Hire/Purchase Chorale Hire Library Costs Admin Square charges Marketing & appraisals Apprisals Subscriptions & Fees Payable Arts & Heritage Insurance Making Music Membership PRS Surplus |
£ 15,910 2,646 178 525 500 1,079 316 6,774 50 15,954 380 829 121 88 101 945 1,668 50 151 392 230 |
£ 27,977 20,910 7,067 |
2023 | 2023 |
|---|---|---|---|---|
| £ 17,182 2,911 174 397 812 384 685 30 15,068 294 728 301 469 131 50 143 365 149 |
£ | |||
| 22,575 17,698 |
||||
| 4,877 |
3
Milton Keynes Chorale Notes to the accounts (cont.) Year ended 31 July 2024
| 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 attand concerts 5 Event Income & Expenditure Autumn Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument hire Ticket Commission Printing & Advertising Miscellaneous Deficit |
£ 0 £ 1,473 132 328 2,041 150 14 146 37 |
£ 0 0 £ 1,933 2,388 (454) |
2023 | 2023 |
|---|---|---|---|---|
| £ £ 2,356 16 666 1,117 1,117 42 83 26 |
£ | |||
| 186 | ||||
| (186) | ||||
| £ | ||||
| 3,038 2,385 |
||||
| 653 |
4
Milton Keynes Chorale Notes to the accounts (cont.) Year ended 31 July 2024
| 5 Event Income & Expenditure continued Christmas Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus Workshop Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Surplus |
£ 1,840 0 265 1,056 0 27 55 28 1,750 0 139 982 0 31 0 0 |
£ 2,105 1,166 940 1,889 1,012 877 |
£ 1,843 120 916 164 15 179 1,656 127 574 65 45 26 4 |
£ |
|---|---|---|---|---|
| 1,963 1,274 |
||||
| 689 | ||||
| 1,783 714 |
||||
| 1,069 |
5
| Milton Keynes Chorale Notes to the accounts (cont.) Year ended 31 July 2024 5 Event Income & Expenditure continued Spring Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Deficit Summer Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Deficit |
£ 2,420 161 351 5,799 260 31 101 84 1,560 90 1409 1812 2780 0 693 0 |
£ 2,932 6,275 (3,343) 3,059 5,285 (2,226) |
£ 2,159 273 2,120 5,563 1,613 27 324 84 1,505 156 181 1,748 150 20 153 102 |
£ |
|---|---|---|---|---|
| 4,552 7,611 |
||||
| -3,059 | ||||
| 1,842 2,173 |
||||
| (331) |
6
Milton Keynes Chorale Notes to the accounts (cont.) Year ended 31 July 2024
6
| Summary of All Events Income Ticket Sales Programme Sales Miscellaneous Expenditure Conductor & Musicians' Fees Venue & Instrument Hire Ticket Commission Printing & Advertising Miscellaneous Deficit Fundraising Income & Expenditure Coffee/Tea Amazon Easyfundraising |
£ 9,043 383 2,492 11,689 3,190 102 995 150 Income £ 422 77 500 |
£ 11,918 16,126 (4,208) Expenditure £ 0 |
£ 9,519 445 3,214 9,918 3,109 149 586 395 Net Income £ 422 0 77 500 |
£ |
|---|---|---|---|---|
| 13,178 14,157 |
||||
| (979) | ||||
| Net Income 2023 £ |
||||
| 250 18 129 |
||||
| 397 |
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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 2024 Charity no 1178002 ended (if any) Set out on pages 1 TO 7 (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 31/07/2024. 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
-
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: Date: 04/09/2024 Name: DR ADRIAN PRISK n/a Relevant professional qualification(s) or body (if any): Address: 15 PARKLANDS. GT LINFORD, MILTON KEYNES, MK14 5DZ
October 2018
1
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
2
IER