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2023-07-31-accounts

Type of governing document Constitution adopted 26 September 2019, and came into effect with the
registration of the CIO on 28 February 2020.
How the charity is constituted RRCS is a Charitable Incorporated Organisation (CIO)
Trustee selection methods Trustees are normally elected or re-elected by members at the Annual
General Meeting. Trustees may also be appointed at other times by
members or the charity trustees.
Additional governance issues (Optional information)
You may choose to include Musical Director
additional information , where
relevant, about:
The recruitment process for a permanent MD was completed in Autumn
2022 and Naomi Butcher was appointed as of 1 January 2023.
• policies and procedures Membership
adopted for the induction and
training of trustees;
Post Coronavirus, membership has stabilised at about 90 members, with a
• the charity's organisational
structure and any wider
good number of new and younger members joining.
Policies
network with which the chan.ty The trustees are making arrangements for preparing the Safeguarding
works; and EDl policies; and updating the Data Privacy and the Reserves
• relationship with any related Policies.
parties; Inflation
• trustees' consideration of The policy to date has been to use low risk, low return, bank deposit
major risks and the system accounts. Although interest rates have improved the impact of inflation on
and procedures to manage reserves remains a concern.
them.

RECEIPTS
2023 2022
Category U n restricted Re stricted Tota I Total
£ ££ £
Subscriptions 15,996.00 15,996.00 16,418.67
Friends 25.00 25.00 68.00
Fundraising Income 4,187.12 4,187.12 1,327.19
Christmas concert for bursary fund 154.00 154.00
Donations 412.12 412.12 747.98
Carol singing for bursary fund 122.96 122.96
Concert receipts 7,135.57 7,135.57 7,203,95
Josephine Baker Trust Grant 495.00 495.00 300.00
HR Taylor Trust 2,000.00
Workshop receipts 256.05
Tour receipts 2,000.00
Music hire income 2,936.11 2,936.11 2,298.67
Music sales 14.00 14.00 252.95
Gift Aid for 2020/21 season 2,044.18 2,044.18
Gift Aid for 2021/22 season 3,528.82 3,528.82
Bank interest 550.09 550.09 33.82
Collections, sundry receipts 606.77 606.77 175.00
GROSS INCOME 37,435.78 771.96 38,207.74 33,082.28
Member credits
Cash refunds (2,187.17)
Credits used (1,738.00)
Total (3,925.17)
TOTALS RECEIPTS £37 ,435.18 £771.96 £38, 207.74 £29,157.11
EXPENDITURE
Z023 2022
Category u n restricted Re stricted Tota I Total
£££ £
MD rehearsal fees 5,338.60 5,338.60 5,109.26
Accompanist rehearsal fees 3,350.00 3,350.00 3,531.64
Hire of rehearsal venlles 1,971.00 1,971.00 1,788.64
John Fletcher Rehearsal Tracks 172.56 172.56
Fundraising expenditure 997.35 997.35 263.48
MD ccmcert fees 1,636.00 1,636.00 1,760.00
Accompanist concert fees 373,90 373.90 745.00
Orchestra concert fees 2,435.00 2,435.00 7,313.31
Soloist concert fees 1,295.00 1,295.00 771.50
Josephine Baker Trust Grant 495.00 495.00 300.00
Other concert expenditure 3,839.71 3,839.71 3,467.13
Workshop expenditure 560.15
Music hire expenditure 1,737.65 1,737.65 1,684.10
Music ourchase 286.01 286.01 110.39
Collections, sundry expenses 1,076.00 1,076.00 481.39
Administration and insurance 1,647.51 1,647.51 1,646.73
Hire of garage 895.20 895.20 895.20
TOTAL EXPENDITURE 27,051,49 495.00 27,546.49 30,427.92
SUMMARY
Total Receipts 37,435.78 771.96 38,207.74 29,157.11
less Total Expenditure (27,051.49) (495.00) (27,546.49) (30,427.92)
Surplus/(Deficit) for year 10,384.29 276.96 10,661.25 (fl,270.81)
Cash Funds at last year end 68,543,46 915.15 69,458.61 70.]2!9.u2
TOTAL CASH FUNDS AT YEAR END 78,927.75 1,192.11 80,119.86 69,458.61

MONETARYASSETS MONETARYASSETS
2023 2022
U n restri cted3 Rest ricted Tota I Total
£££ £
Current Account (CAF Cash) 28,238.74 1,192.11 29,430.85 18,827.20
Deposit Account (CAF Gold) 8,236.89 8,23 6.89 8,155.65
Deposit Account (CAF Gold) 10.00
Long Term Deposit Account (CAF platinum) 42,242.39 42,242.39 41,825.77
Cash and cheques on hand 209.73 209.73 639.99
£78,927.75 £1,192.11 £80,119.86 £69,458.61
FtEPRESENTED BY FUNDS
General Fund 4 ,SifI J5 4,927.75 4,543.46
Reserves 33,000.00 33,000.00 33,000.00
Designated Funds4 41,000.00 41,000.00 31,000.00
Anne Garton Bursary 1,192.11 1,192.11 915.15
Anniversary Event Fund
Member Credits
£78,927.75 £1,192.11 £80,119.86 £69,458.61
LIABILITIES
Refunds Due 194.00 194.00
Hire of rehearsal hall 440.00 440.00
£634.00 £0.00 £6 34. 00