##
|Briefstatement ofthe
charity's
policy on reserves|Briefstatement ofthe
charity's
policy on reserves|Briefstatement ofthe
charity's
policy on reserves|Briefstatement ofthe
charity's
policy on reserves|The choir's total funds less liabilities stood at 869,364at the year end,
compared
to 68,771 at the end of last year.|
|---|---|---|---|---|
|||||It has again not proved necessary
to use reserves to make up any|
|||||shortfall
over the season.|
|||||The reserves
policy did not change during the year. Reserves off33,000|
|||||are held to protect against future financial shocks and pressures.|
|||||Designated
funds ofF21,000 are held for the purchase
of new equipment|
|||||(f3,000), staging (F15,000) and website
/ system development
(R3,000).
f10,000 initially
held for an event during 2022 is expected to be|
|||||earmarked
for a future major event.|
|||||The budget for future seasons and the Reserves
Policy will be reviewed|
|||||following
the appointment
ofa Musical Director during 2022-23.|
|||||No calls were made during the year on the Anne Garton Bursary Fund,|
|||||that supports
the bursary scheme to cover subscriptions
in case of|
|||||financial
difficulty.
The fund remains
low atf915. New sources offunds|
|||||still need to be obtained
to fund bursaries
in the medium
to long term.|
|Details ofany funds
in deficit|||materially|None.|
|Further financial
review details||||(Optional
information)|
|You may choose to||include||Basis ofAccounts|
|additional
information,
relevant about:|||where|The choir's accounts are prepared
on a 'Receipts and Payments'
basis
and are prepared
in accordance
with Charity Commission
requirements|
|s|the charity's
principal|||based on the CC16a template.|
||sources offunds
any fundraising);|(including||Financial
Highlights|
||how expenditure
has
supported
the key objectives
ofthe charity;|||Membership
and subscriptions
(atf16,418)are back to 75%oftheir pre-
Covid level.
Expenditure
atf30,428 was about 55%ofthe pre-Covid
level (excluding
self-funded
tour costs). Expenditure
is expected to
increase
in future years as we get back to a complete programme
of|
||investment
policy|and||activities.|
||objectives inciuding
ethical investment
adopted.||any
policy|Unrestricted
funds received a surplus
ofE1,884. The reduction
ofP3,155
in restricted funds was caused
by the repayment
of member credits
accumulated
during the Covid years, and the use ofE1,230 raised last
year to help fund the 80'" Anniversary
concert. The anniversary
was also|
|||||supported
by further donations
off200 and aE2,000 grant from the HR|
|||||Taylor Trust.
The Josephine
Baker Trust again provided f300 of|
|||||financial
support for soloists at our spring concert.|
|||||R2,075was raised
in fundraising
and donations
this year, similar to last|
|||||season.
The summer BBQraised F458, sponsored
walks f641 and the|
|||||100Club 2150. No corporate
match or volunteer
funding
was obtained|
|||||this year.|
##
##
||Statement ofReceipts|Statement ofReceipts|and Expenditure|for|the year ending|31July 2022||
|---|---|---|---|---|---|---|---|
||||RECEIPTS|||||
|||||||2022|2021|
|Category|||Unrestricted||Restricted|Total|Total|
||||f||f|||
|Subscriptions|||16,418.67|||16,418.67|9,766.00|
|Friends|||68.00|||68.00|350.00|
|Anne Garton Bursary Fund Fundraising|||||||260.00|
|Anniversary
Fund Fundraising||income|||||680.00|
|Anniversary
Fund Donations|||||200.00|200.00|550.00|
|Other Fundraising
Income|||1,327.19|||1,327.19|273.73|
|Other Donations|||547.98|||547.98|273.77|
|Dell match / volunteer|funding||||||741.45|
|Season tickets|||||||(128.00)|
|Concert receipts|||7,203.95|||7,203.95||
|Josephine
Baker|Trust Grant||||300.00|300.00||
|HR Taylor Trust|||||2,000.00|2,000.00||
|Workshop
receipts|||256.05|||256.05||
|Tour receipts|||2,000.00|||2,000.00||
|Music hire income|||2,298.67|||2,298.67|641.48|
|Music sales|||252.95|||252.95|18.50|
|Advertising
receipts||||||||
|Face masks, collections, sundry receipts|||142.00|||142.00|1,251.00|
|External event receipts|||33.00|||33.00||
|Tax refund|||||||4,905.76|
|Bank interest|||33.82|||33.82|4.99|
|.GROSS INCOME|||30,582.28||2,500.00|33,082.28|19,588.68|
|Member credits||||||||
|Credits given for tour|||(2,000.00)||2,000.00|||
|Credits given for subs|||||||675.00|
|Credits given for season tickets|||||||96.00|
|Cash refunds
Credits used
Total|||(2,000.00)||(2,187.17)
(1,738.00)
(1,925.17)|(2,187.17)
1,738.00)
(3,925.17)|(495.00)
~{2,415.00
(2,139.00)|
|TOTALS RECEIPTS|||f28,582.28||f574.83|f29,157.11|E17,449.68|
||EXPEND!TURE||||
|---|---|---|---|---|
||||2022|2021|
|Category|Unrestricted
f|Restricted
f|Total|Total
f|
|MD rehearsal fees|5,109.26||5,109.26|5,180.00|
|Accompanist
rehearsal fees|3,531.64||3,531.64|2,649.80|
|Hire ofrehearsal
hall|1,788.64||1,788,64|815.00|
|Fundra ising expenditure|263.48||263.48||
|MD concert fees|1,760.00||1,760.00|300.00|
|MD bonus||||950.00|
|Accompanist
concert fees|745.00||745.00|145.20|
|Other concert expenditure|8,121.94||8,121.94|1,012.38|
|HR Taylor Trust||2,000.00|2,000.00||
|Josephine
Baker Trust Grant||300.00|300.00||
|Anniversary
Event Fund||1,430.00|1,430.00||
|MD workshop fees|375.00||375.00||
|Accompanist
workshop fees|185.15||185.15||
|Music hire expenditure|1,684.10||1,684.10|430.60|
|Music purchase|110.39||110.39|139.65|
|Face masks, collections, sundry expenses|331.39||331.39|1,781.75|
|External event expenditure||||66.00|
|Administration
and insurance|1,646.73||1,646,73|1,104.00|
|Lega Icosts||||2,070.00|
|Hire ofgarage|895.20||895.20|895.20|
|Storage|150.00||150.00|400.00|
|TOTAL EXPENDITURE|26,697.92|3,730.00|30p427,92|17,939.58|
||SUMMARY||||
|---|---|---|---|---|
|Total Receipts|28,582.28|574.83|29,157.11|17,449.68|
|less Total Expenditure|(26,697.92)|(3,730.00)|(30,427.92)|(17,939.58)|
|Surplus/(Deficit)
for year|1,884.36|(3,155.17)|(1,270.81)|(489.90)|
|Cash Funds at last year end|66,659.10|4,070.32|70,729.42|71,219.32|
|TOTAL CASH FUNDS AT YEAR END|68~54346|91515|69p458 61|70,729.42|
||MONETARY ASSETS|MONETARY ASSETS|||
|---|---|---|---|---|
||||2022|2021|
||Unrestricted|Restricted|Total|Total|
||f|f|f|f.|
|Current Account (CAF Cash)|17,912.05|915.15|18,827.20|20,505.85|
|Deposit Account (CAF Gold)|8,155.65||8,155.65|8,150.47|
|Deposit Account (CAF Gold)|10.00||10.00|10.00|
|Long Term Deposit Account (CAF Platinum)|41,825.77||41,825.77|41,799.17|
|Cash and cheques on hand|639.99
f68,543.46|f915.15|639.99
f69,458.61|263.93
f70,729.42|
||REPRESENTED BY|FUNDS|||
|General
Fund|4,543.46||4,543.46|2,659.10|
|Reserves|33,000.00||33,000.00|33,000.00|
|Designated
Funds|31,000.00||31,000.00|31,000.00|
|Anne Garton Bursary||915.15|915.15|915.15|
|Anniversary
Event Fund||||1,230.00|
|Member Credits||||1,925.17|
||f68,543.46|f915.15|f69,458.61|f70,729.42|
||LIABILITIES||||
|Member Credits||||1,925.17|
|Refunds
Due|94.00||94.00|33.00|
||f94.00|f0.00|f94.00|f1p958.17|
||Notes||||
##
##
||Statement ofReceipts|Statement ofReceipts|Statement ofReceipts|and Expenditure|forthe year ending|31July 2022||
|---|---|---|---|---|---|---|---|
|||||RECEIPTS||||
|||||||2022|2021|
|Category||||Unrestricted
f|Restricted
f|Total
f|Total
f|
|Subscriptions||||16,418.67||16,418.67|9,766.00|
|Friends||||68.00||68.00|350.00|
|Anne Garton Bursary Fund Fundraising|||||||260.00|
|Anniversary
Fund Fundraising|||Income||||680.00|
|Anniversary
Fund Donations|||||200.00|200.00|550.00|
|Other Fundraising
Income||||1,327.19||1,327.19|273.73|
|Other Donations||||547.98||547.98|273.77|
|Dell match / volunteer|funding||||||741.45|
|Season tickets|||||||(128.00)|
|Concert receipts||||7,203.95||7,203.95||
|Josephine
Baker||Trust Grant|||300.00|300.00||
|HR Taylor Trust|||||2,000.00|2,000.00||
|Workshop
receipts||||256.05||256.05||
|Tour receipts||||2,000.00||2,000.00||
|Music hire income||||2,298.67||2,298.67|641.48|
|Music sales||||252.95||252.95|18.50|
|Advertising
receipts||||||||
|Face masks, collections,||sundry receipts||142.00||142.00|1,251.00|
|Externalevent
receipts||||33.00||33.00||
|Tax refund|||||||4,905.76|
|Bank interest||||33.82||33.82|4.99|
|.GROSS INCOME||||30,582.28|2,500.00|33,082.28|19,588.68|
|Member credits||||||||
|Credits given for tour||||(2,000.00)|2,000.00|||
|Credits given for subs|||||||675.00|
|Credits given for season tickets|||||||96.00|
|Cash refunds
Credits used|||||(2,187.17)
1,738.00|(2,187.17)
(1,738.00)|(495.00)
~t2, 415.DD|
|Total||||(2,000.00)|(1,925.17)|(3,925.17)|(2,139.00)|
|TOTALS RECEIPTS||||f28,582.28|f574.83|f29,157.11|f17,449.68|
||EXPENDITURE||||
|---|---|---|---|---|
||||2022|2021|
|Category|Unrestricted
f|Restricted
f|Total
f|Total
f|
|MD rehearsal fees|5,109.26||5,109.26|5,180.00|
|Accompanist
rehearsal fees|3,531.64||3,531.64|2,649.80|
|Hire ofrehearsal
hall|1,788.64||1,788.64|815.00|
|Fundraising
expenditure|263.48||263.48||
|MD concert fees|1,760.00||1,760.00|300.00|
|MD bonus||||950.00|
|Accompanist
concert fees|745.00||745.00|145.20|
|Other concert expenditure|8,121.94||8,121.94|1,012.38|
|HR Taylor Trust||2,000.00|2,000.00||
|Josephine
Baker Trust Grant||300.00|300.00||
|Anniversary
Event Fund||1,430.00|1,430.00||
|MD workshop fees|375.00||375.00||
|Accompanist
workshop fees|185.15||185.15||
|Music hire expenditure|1,684.10||1,684.10|430.60|
|Music purchase|110.39||110.39|139.65|
|Face masks, collections, sundry expenses|331.39||331.39|1,781.75|
|External event expenditure||||66.00|
|Administration
and insurance|1,646.73||1,646,73|1,104.00|
|Legal costs||||2,070.00|
|Hire ofgarage|895.20||895.20|895.20|
|Storage|150.00||150.00|400.00|
|TOTAL EXPENDITURE|26,697.92|3,730.00|30,427.92|17,939.58|
||SUMMARY||||
|---|---|---|---|---|
|Total Receipts|28,582.28|574.83|29,157.11|17,449.68|
|less Total Expenditure|(26,697.92)|(3,730.00)|(30,427.92)|(17,939.58)|
|Surplus/(Deficit)
for year|1,884.36|(3,155.17)|(1,270.81)|(489.90)|
|Cash Funds at last year end|66,659.10|4,070.32|70,729.42|71,219.32|
|TOTAL CASH FUNDS AT YEAR END|68,543.46|915.15|69,458.61|70p729.42|
##
|||MONETARY AS|SETS|||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||f|f|f|f|
|Current Account|(CAF Cash)|17,912.05|915.15|18,827.20|20,505.85|
|Deposit Account|(CAF Gold)|8,155.65||8,155.65|8,150.47|
|Deposit Account|(CAF Gold)|10.00||10.00|10.00|
|Long Term Deposit Account (CAF Platinum)||41,825.77||41,825.77|41,799.17|
|Cash and cheques|on hand|639.99
f68,543.46|f915.15|639.99
f69,458.61|263.93
F70,729.42|
|||REPRESENTED BY|FUNDS|||
|General
Fund||4,543.46||4,543.46|2,659.10|
|Reserves||33,000.00||33,000.00|33,000.00|
|Designated
Funds||31,000.00||31,000.00|31,000.00|
|Anne Garton Bursary|||915.15|915.15|915.15|
|Anniversary
Event Fund|||||1,230.00|
|Member Credits|||||1,925.17|
|||f68,543.46|f915.15|f69r458.61|f70r729.42|
|||LIABILITIES||||
|Member Credits|||||1,925.17|
|Refunds
Due||94.00||94.00|33.00|
|||f94.00|f0.00|f94.00|f1,958.17|
##
##