Medici Choir
Report of the Trustees and unaudit¢d
financial statements
for the ycar ended 31 August 2025
Registered Charity number l 182785

MEDICI CHOIR
Report of the TTUStees and unaudited financial statements
31 Augu* 2025
CONTENTS OF THE FINANCIAL STA'fEMF.NTS
'OR THE YEAR ENDED 31 AUGUST 2025
Report of ihe Trustees
2to4
Statement of Finan¢ial Activities
Balance She¢t
6t07
Notes to the Finan¢ial Statements
81010
Independent Examiner's Report
Re8isier¢d Charity Number 1182785

MEDICI CIIOJR
R¢port of th¢ TTUStce5 and unaudited financial si&temenis
31 Avgu5t 2023
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees present the￿ report with the fJnan¢ial statements of the charity for the year ended 31
August 2025. The trustees have adopted the provisions of the Statement of Recommended Practice
(SORP) applicable accouniing slandards. The accounts have been prepared on an ongoit)g basis. The
charity meets the definition of a public benefit entity under FRS102. No resiatement was required in
making the transition fo FRSIO2.
REFERENCE AD4D ADMINISTRATIVE DETAIiS
Registered Charity number
1182785
A new Charitable incorporated organisation was established on 3 April 2019
Charity Number 1182785 to replace the original charity number. All the
assets of Chariry NuTnber 1014229 were transfe￿ed over on 1st September
2019.
Registered 0(r￿e
33 Kenway Road
London
SW5 ORP
Trustees
S Graham
P Cook
V Dearing
C Double
K Fuller
R Grimshaw
S Hall
Resigned 7 October 2025
Appointed 7 Nov¢tnber 2024
AccountAnts
Michael Srnith & Co
90a Walm Lane
London NW2 4QY
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing docurnent
Th¢ charity is controlled by its constitution constitutes a charitable incorporated organisation.
Recruitment find appointrneNt of new trust¢e5
Any new appointments are at the recommendation of the trustee5.
Induetion and trnining of new trustee5
All new ITUStees are given, ID the view of the L)oariL sufficient training and have enough knowledge of
their specific field to understand the nature of the charity and fully comply wilh the clwity's current
views of its progression. They are required to be aware of Ixkth legal and professional responsibilities
Under charity and company law.
R¢gisltred Charily NumbeT 1182785

MEDICI CHOIR
Report of th¢ Trustces and UTmudiW] fLtLbnci8] skatem¢nts
31 Augthst 2025
REPORT OF THE TRUSTEES- CONTINUED
FOR THE VEAR ENDED 31 AUGUST 2025
Organiution&l structure
The charity is run by ihe trLStees and has no employees.
Related parties
There are DQ related parties.
Risk management
The mjstees have a duty to identify and review the risks to which the charity is exwsed and to ensure
4)propriale controls are in place to provide reasonabl¢ assurance against fraud and error.
OBJEcfivES, ACTIVITIES AND PUBLIC BENEFIT
Charitable Objects
The charity exists to promote, improve, develop and maintain public education in appreciation of the
art and sciente of choral music in all it5 aspects by the presentation of public choral concerts and by
such other ways as the CIO through its charity trustees shall d¢t¢rrnine from time to time.
Aims and Strktegles to Achieve Objects and Extsnd Public Benefit
The trnstees confirni that they have complied with their duty under Section 4 of the Chariiies Act 2006
t(> have due regard for the public benefit. Over the year. the trnstees set out their plans to increase and
maximise the value of th¢ ¢hatity'S work and as5et5 for this purpose. identifying a number of streams of
work intended to achieve that increase. The public benefits d¢livered by the ¢harity'S work and plans
for Cu￿ent and future operations are as laid down in the following section, Achievement and
Perfonnance.
ACHIEVEMENT AND PERFORMANCE
Rehearsals & CoDeerts
Terni tiTne weekly rehearsals in Covent Garden (Church of Scotland Hall) during thi5 period were well
attended 2nd, for those unabl¢ to attend in person on occasion, we reco￿ls¢d the benefii of a Continued
Zoom connection to rehearsals.
Public perfomian¢es each term continue to be embraced by Medici Choir. This 2024125 season was
less experimental than the last season but nevertheless offered a diverse programme which was
approached by all wilh gr¢at enthusiasm and dedication resulting in each concert being extremely well
received by our audience. For thi5 W¢ that￿ ineinbership, our Musical Director and rehearsal
accompanists. The winter concert progratnme focused on St Nicholas, resulting from the perfomiance
falling on St Nicholas, Day,. Spring provided opportunity to perforni Hummel for th¢ fI￿t time i
London since it Thas written in the edrly 1800$, a cherished pi¢c¢ of our Musical Director's which he
helped to translaie; and for our Summer ¢on¢ert we hoped to build ot] the su¢¢e5s of our 2023
perforn]ance of Will Todd's Blue, one of our most successful eonc¢rts to dat¢, by undertaking
another TThld pie¢¢'. pn-pv. On 31 March 2025, Will Todd lcd a workshop at St Gabriel's, Pimlico.
Thi5 was an investment, but trust¢e5 felt would be a 8reat b¢n¢fht to the cboir as we were perforniing
pv for the first time in the UK.
The previous year's flnancial Statements reported significant uplifts in ¢05ts a8soci*d with ¢oneerts
aDd we have continued to experience this during the 2024125 s¢asoll. This irend is expected to
continue.
Regislered Charity Nutnber 1182785

IEDICI CHOIR
Report of the Trustees and unaudikd finsncial staiem¢nts
31 Au8USt 2025
REPORT OF THE TRUSTEES- CONTINUED
FOR THE YEAR ENDED 3J AUGUST 2025
Membership
lrtcorne frorn membership has fallen from £1 1.400 in the previous f]nancial year to £10,214 for
202412025. We continue to ¢ncourdge rnember5 to recruit for rehearsals in the new financial year.
While we've seen a continued support frorn existing. returning and new membership acT05S the sea50n.
we have eX￿rienced an overall reduction in membership numbers which affects our musical balance.
rinances and ability to plan future seasons. We are pleased that our bass section has increased and
welcome the continuation of bass support across the full season.
Key perforrnance events
The Charity gave a public perfom)ance ￿ the end of each terni and a supplementary ¢harity carol
con¢¢rt in DeC¢m￿r 2024.
These were..
A C¢lebrJtion of St Nicolas - Haydn MEssa Sancti Nicola¥ and Britten Saini Nicola5 in Holy
Trinity Sloane Square (6 December 2024)
Charity Carol Concert at the Royal Society of M¢dicine {19 December 2024)
Hummel Crossing oftke Red Sea and Mozart C Minor M(L¢3 in Holy Sepulchre Holbom
Viaduct 15 ApTiI 2025)
Will Todd m = pvand Bernsi£in Chiehuier Psulms in St Gabriel's Pimlico (27 June 2025)
Our bursary sin¥er from 2023124 season rejoin¢d us during 2024125 season supporting learning within
weekly rehearsals and lending her vocal talents to solo perfomiance% in two of our main concerts.
FINANCIAL REVIEW
The Financial S(atem¢nts show a net decrease in funds of £13.676 (2024.. decrease of £2,825) in ibe
year after expending £37,379 (2024.. £36,944). making total fund5 carricd forward of £12.467 {2024..
£26.143}.
Re5erv¢s ptjliey
The charity has set a reserves policy that provides financial stability and th¢ means for the d¢v¢lopmeni
and improvement of its principal activities. Surplus ￿llds are held on bank deposit. The charity
regularly reviews the amount of reserves that are required to ensure that th¢y are adequate to fi]Ifill
continuing obligations. The ¢harity considers the present lewel of fullding and reserves is adequate to
support the charit)i's activitie$ for the short tertn. and the trustees ¢onsider the financial posilion of the
charity to be satisfactory, however it is raising its membership fees in the forthcoming year to help fund
ever increasing costs and looking at fundraising ideas so that it Can continue to fund exciting new
concerts.
Patti Cook
On behalf of th¢ Trustees
Re8iSt¢red ChJrity Nwnbcr I 182785

MEDICI CHOIR
Rcport of the Trijsiees and unaudircd tinanci81 staiement
31 Augus121125
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
UMrestri¢ttd R¢stricted
funds
funds
2025
TotAI
fund$
2024
Totsl
Funds
INCOME
Membership wbscriptions
Donations
Gift aid
Concert ticket sales
Music scores
Functions
Sundries
Interest ¢amings
10,214
212
2.510
9,518
10,214
212
2,510
9.518
11,400
56
2.237
13,700
3,956
872
1,414
484
884
884
365
365
Total income
23,703
23,703
34,119
EXPENSES
Expendilure on rgi5ing funds
Rehearsal expenses
Workshop
Expenditure on ¢harltable actiyities
cOn￿rt expens¢5
Function5- Charity Carol con¢¢rt
Bursary paytnents
GovernaDce costs
Other
12,497
570
12,497
570
11.373
799
21,529
884
40
932
517
21,529
884
450
932
517
21,920
872
300
817
863
404
Tot81 expenses
36,975
404
37,379
36,944
Net Thoyement IN funds
113.272)
1404) (13,676)
(?,825)
RECONCILIATION OF FUNDS
Total funds brought forward
?5,739
404
?6,143
?8,968
12,467
12,467
26,143
TOTAL FUF4DS CARRIED FORWARD
Eiegistered Chority N'umber 1182785

MLDICI CHOYR
Report of the Trusle¢s and un2udit¢d finan¢ia] statements
3 1 August 2025
BALANCE SHEET
AT 31 AUGUST 2025
Notes Unrestrlcted Restricted
funds
funds
2025
Total
funds
2024
Total
funds
CURRENT ASSETS
Debtors:
amounts falling due within one year
Prepayments
Cash at bank and in hand
872
650
26,419
549
12,817
549
12,817
13,366
26.941
CREDITORS
Amounts falling due within one year
899
899
798
899
899
798
NET CURRENT ASSETS
12,467
12,467
26.143
NET ASSETS
12,467
12,467
26,143
FUNDS
Unrestrided fund5
Restricted fundg
12,467
25,739
404
TOTAL FUNDS
12,467
26,143
The notes fomj part of these financial statements.
R¢gistered Charity Number 1182785

MEDICI CHOIR
Report of the Tnjstees aJLd unauditcd financial stat¢mtnts
31 Au8USt 2025
BALANCE SHEET - CONTIIYUED
AT31 AUGUST 2025
The chariiable iDcorpornted organisalion is entitled to exempiion from audit under Section 477 of the
Companies Act 2006 for the year ended 31 August 2025.
The tN5tee5 have not required th¢ charitable company to obtaiTb an audit of its f￿alle￿al statements for
the year ended 31 August 2025 in accordance with Seclion 476 of the Cotnpanies Act 2006. However
ID accordance with Section 145 of the Charities Act 2011 the a¢counts have be¢D examined by an
Independent Examiner whose report is on page 15.
The t￿￿tee$ acknowledge their responsibilities for
{a) ensuring that the chariiable eompany keeps accounting records that comply with SectioD$ 386 and
387 of the Companies Act 2006 and
(b) preparing financial siatements which give a true and fair view of the stste of affaits of the ¢haritabk
company as at the end of each fmancial year and of its surpllls or deficit for each fmancial year i
accordante with the requiyements of Sections 394 and 395 and which otheNise comply with the
requirements of the Companies Act 2006 relating io financial statem¢nts, so far as applicable to the
charitable company.
These financial statemenis have been prepared in accordance with th¢ special provisions of Part 15 of
the Companies Act 2006 relating to small charitsble companies.
Th¢ financial statements were approved by the Board of TNste¢s on 8 October 2025 and were signed
on its behalf by=
Patti Cook
Tr&￿urer and Trustee
R¢gistered ChariLy Number 1182785

MEDICI CHOIR
Report of the Trustees and unaudited fin￿¢18] stat•nents
31 Auguu 2025
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES
Accounting conventio
The financial 51atern¢nts have been prepaTed under the hisiorical cost convention with iiems
r¢¢ognised at cost or transaction value unle55 Otherwise slated in the relevant notes. The
fmaneial staiem¢nts have been prepared in accordance with the Statement of Recomina)ded
Practice.. A¢wuniing and Reporting by Charities preparing their accounis in accordance with
the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
{¢ffecuve l January 2015)- (Charities SORP- FRS102} and the Charithes Act 2011.
ID¢omlng r¢50urees
All hncomiu8 resources are included on the Slate￿¢￿t of Financial Activities when the charity
is legallj. enlitled io the income and the wnount Can be quantified with reawnable aceuracy.
Resourees expended
Expenditure is accounted for on an accnthls basis and has been classified under headings tha¢
aggregate all cost related to th¢ category. Where costs cannot be directly attributed to
particular headings th¢y have b¢en all￿ated to activities on a basis consistent with the us¢ of
resources.
T#xatlon
The charity is ex¢mpt from ¢orpordtiOD tsx on its charitable activiti¢s.
Fund a¢¢ounting
Unreslrict¢d ￿ndS can be used in accordance with the charitable objKtives at the dis¢retion of
the trust¢¢s. Restricted funds can only be used for panioular restrict¢d PLW)oses withi[] the
objects of the charity.
Restrictions arise when specified by the donor or when fwid5 are raised for particular
restricted purposes. Further explamation of the nature and purpose of eath fimd is included in
the notes lo the financial statemenis.
EXPENDITURE
Expenditure on rnislng funds- rehearsal eosts
2025
2024
Musical direthor & pianist payments
Rehearsal venue donations
Rehearsal refreshments
9,220
2.887
390
8,349
2,505
519
12.497
11,373
Regisl¢Ted Charity NumbcT 1182785

MEDICI CHOIR
Report of the Trus1ees and unaudited fillancial stst¢mellts
31 Au81]st 2025
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR Ef4DED 31 AUGUST 2025
TRUSTEES, REMuf4ERA TION AND BENEFITS
There were no trustees, remuneration or other benefits lor the year ended 31 August 2025 nor
for the year ended 31 August 2024.
Trv$tees' Expenses
There were no trustees. expenses paid for the year ended 31 August 2025 nor for the year
ended 31 August 2024.
DEBTORS AND PREPAYMENTS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
tkbtors . Functions- RSM charity conc¢rt
PrepaymenlS- depositg church hire
872
650
549
549
1,522
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Summ¢r conLert & pianist costs
Independ¢nt Examine￿$ fee
Gift aid
Prepaid membership subscriptions
300
498
476
343
899
798
MOVEMENT JN FUNDS
At I Sept
2024
Net movement
In funds
At 31 August
2025
Unrestricted funds
General fund
25,739
{13,272)
12,467
Restricted funds
404
{404}
TOT AL FUNDS
26,143
(13,676)
12,467
R¢&iaered Chariiy Number 1182785

P¥lEDICI CIIOIR
Df Ihe Tru51Le5 and urtaiidil¢d firtancial $I￿teMentS
31 August ?025
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED31 AUGUST 2025
MOVEMENT IIY FUNDS {CONTINUED)
Net movements in fimds, included in the above are as follow5-.
Illeoming
resources
Resollrces Movement in
expended
funds
Unrestricted funds
General fund
23,703
37,379
(13,676)
Restricted fuDd5
TOTAL FUNDS
23.707
37,379
(13,676)
TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trnstees or any person5 Connected with them during this financial
year. No material trdnsaction took place be￿e¢n the organization and a trust¢e or any person
¢onn¢cted with them.
RISK ASSESSMENT
See Report of the Trustees
RESERVES POLICY
See Report of the TTUStees
io.
PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable
purposes or 'aim5' that ate for the public benefii. Detgils of how the charity has achieved this
ore provided in the Report of the Trustees. The trustees Conf￿ that they have paid due
regard to the Charity Commission guidance on public benefit befor¢ deciding what a¢tiviti¢s
the charity should undertake.
R¢&istered Chariiy Number 1182785
10

MEDICJ CHOIR
Report Df th¢ Trustets and unaudited financial ststements
31 Augu￿ 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
CLIEf4T'S CERTIFICATE
I certify thai to the best of rny knowledge at)d belief the accounting records produced tQ8ether with the
explanations given to Michael Smith & Co ar¢ a true and correct r¢cord of the above business for the
year ended 31Y August 202f. and I confinn th￿ they have my approval.
Patti Cook
Tre&surer and Trustee
Date- 0811012025
ACCOUNTANTS REPORT
From th¢ inforn)ation and explanations rec¢ived from the officers of The Medici Choir we hav¢
prepared. without audit, th¢ th)ve accounts.
Michael Srnith & Co
90a Walm Lane
London NW2 4QY
Date=If/ior2025
MICHAEL SMITH & CO
90AWALM LANE
LONDON NW2 4QY
TIL.. O?.0 8451 S870
Regis¢¢r¢d ChdTily Number 1182785