## The Pink Singers
Report and Accounts
For the thirteen months ended 31 August 2025
Charity number 1190317
## Charity Information
9[th] July 2020 Date of Registration 1190317 Charity number Thomas Phillips - Chair Trustees Chris Chimonas Stanila Teneva Rebecca Smithson 67 Canal Building Registered Office 135 Shepherdess Walk London N1 7RR Matt Emerson FCA Independent Examiner 30 Nightingale Road Guildford GU1 1ER
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## Contents
- 3 Report of the Trustees
- 5 Statement of Trustees’ Responsibilities
- 6 Independent Examiner's Report
- 7 Receipts and Payments Account
- 8 Statement of Assets and Liabilities
- 9 Trustee Declaration
- 10 Notes to the Financial Statements
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## The Pink Singers
## Report of the Trustees
## For the thirteen months ended 31 August 2025
The trustees present their report with the financial statements of the charity for the thirteen months ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Constitution**
The Pink Singers is a Charitable Incorporated Organisation (CIO), registered on 9 July 2020 as a body corporate under Part 11 of the Charities Act 2011. It is governed by its Constitution dated 9 July 2020.
## **Structure, governance and management**
The trustees undertake the duties laid down by the Charity's governing document, with full responsibility for the charity's values, mission, strategy and budget. The choir is run and managed by a leadership group, & committees. All ultimately report to a monthly Trustee board. A weekly bulletin and information briefing at rehearsals are also crucial to the organisation’s smooth running.
## Objectives and Activities
## **Objectives**
1. To promote, improve, develop and maintain appreciation of and education of the public, in particular but not exclusively the LGBT+ community, in the art and science of music in all its aspects by any means the Management Committee sees fit, including through the presentation of public concerts and recitals to the highest possible standard;
2. To promote equality and diversity for the public benefit with particular reference to the LGBT+ community and in particular but not exclusively by:
- i) Advancing education and raising awareness in equality and diversity;
- ii) Promoting activities to foster understanding between people from diverse backgrounds;
- iii) Cultivating a sentiment in favour of equality and diversity in particular through celebrating the diversity of the LGBT+ community.
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## Report of the Trustees (continued)
## **Activities**
Public benefit was achieved through our various concerts, and community outreach programmes, as well as the release of our videos on social media. Of particular significance were the choir’s two main concerts at Cadogan Hall. The choir also participated in additional concerts in London and various cities across the UK to promote visibility of LGBT+ people and create community links with LGBT+ communities in those geographical locations. The Pink Singers had successful collaborations with other choirs such as F*Choir.
The choir continued its support of Trans people by marching at Trans Pride. Supporting various Pride events is an important aspect of promoting visibility and maintaining appreciation of the LGBT+ community.
Performing with the internationally renowned, high-profile band, Coldplay, at 12 of their concerts helped bring an even wider audience to the choir, and helped to promote the choir’s ideals of inclusivity and support for the LGBT+ community, as well as bringing in considerable funds for continuing the charitable objectives of the choir.
Choir members created the podcast “Sing It Pink” about the Pink Singers, which later won a Bronze Award in the Best History Podcast category at the British Podcast Awards. Additionally, we have continued to release videos on social media, which make the choir more accessible to the public.
To improve the functioning of the charity, and aid communication and collaboration between the various stakeholders, a training day was held for the Trustees and the Team Leads. The choir also organised a weekend away, which included training and additional rehearsals for singing members.
The charity has continued to embed the scheme of delegation. We have also set up subcommittees in the following areas: Finance, Strategy, and HR/Policy.
Trustees and choir members began the collaborative process of creating a new strategy to 2030 for the choir. This utilised findings from the extensive Charity Review, and provided an excellent example of the trustees and choir management working together on a shared project.
With regards to the choir’s finances, it is clear that we have had an extremely successful year; we have over £20,000 more in the account than was originally budgeted, largely as a result of our successful collaboration with Coldplay.
## **Financial Performance**
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Year end reserves stand at £33,883 (31 July 2024: £62,247). The reduction in funds reflected the planned expenditure of the restricted and unrestricted funds received over the last three years.
## **Reserves Policy**
The balance of the reserves on 31 July 2025 was £33,883. This figure is made up of free reserves. Currently our restricted reserves sit at nil (31 July 2024: £17,615). When considering our reserves, we strike a balance between short-term spending needs, longerterm sustainability and our growth plans. Our target for free reserves is £20,000, which the Trustees feel is sufficient to meet costs in the event of a winding up. We are currently holding a higher amount of unrestricted reserves than our target.
## **Recruitment and appointment of new trustees**
There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. The maximum number of charity trustees is seven. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum. One trustee is a member-nominated trustee, who is appointed from choir members via an election. The Charity’s Trustees usually serve for three years and exceptionally no more than six years. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
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## Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently
- observe the methods and principles in the Charities SORP
- make judgments and estimates that are reasonable and prudent
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2015 and the provisions of the trust deed. They are also responsible for safekeeping the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board of Trustees on 19 March 2026 and signed on its behalf:
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4 April 2026
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Thomas Phillips
Chair of Trustees
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## Independent Examiner's Report to the Trustees for the thirteen months ended 31 August 2025
I report on the accounts of The Pink Singers (‘The Trust’) for the thirteen months ended 31 August 2025, which are set out on pages 7 to 11.
## Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and
- to state whether particular matters have come to my attention.
## Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with my examination, no matter has come to my attention:
**1.** which gives me reasonable cause to believe that in any material respect the requirements:
- a. to keep accounting records in accordance with section 130 of the 2011 Act; and
- b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
**2.** to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Matt Emerson FCA 30 Nightingale Road Guildford GU1 1ER
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Signature…………………………………………… Date 4 April 2026
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## Receipts and Payments Account
The Pink Singers For the thirteen months ended 31 August 2025
||**Restricted**|**Unrestricted**|**Total**|
|---|---|---|---|
||**Funds (Note 2)**|**Funds**|**Funds**|
|**Income**||||
|Grant Income|9,461||9,461|
|Membership Subscriptions||34,166|34,166|
|Gigs Income||30,990|30,990|
|Concert Income||25,080|25,080|
|Gift Aid||11,698|11,698|
|Donations||3,736|3,736|
|Events Income||2,011|2,011|
|Interest Income||809|809|
|CD & Arrangement Income||781|781|
|Fundraising Income||19|19|
|**Total Income**|**9,461**|**109,291**|**118,752**|
|**Payments**||||
|Consultants & Contractors|23,512|22,321|45,834|
|Concert Expenses||26,709|26,709|
|Events||10,170|10,170|
|Rehearsals||9,367|9,367|
|Publicity|8,565|217|8,781|
|Music Expenses||5,477|5,477|
|Gigs Expenses||2,993|2,993|
|Audit & Accountancy fees||2,350|2,350|
|Storage||2,418|2,418|
|Contingency / Miscellaneous||2,129|2,129|
|Trustees Expenses||704|704|
|Insurance||700|700|
|CD Expenses||520|520|
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|Newbies||507|507|
|---|---|---|---|
|Communities||344|344|
|Subscriptions||245|245|
|Bank Fees||30|30|
|**Total Payments**|**32,077**|**87,202**|**119,276**|
|**Net Payments for the Year**|**(22,615)**|**22,089**|**(526)**|
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|Receipts and Payments Account (ctd)|Receipts and Payments Account (ctd)|||
|---|---|---|---|
|The Pink Singers||||
|For the thirteen months ended 31 August 2025||||
|**Transfers between funds**||||
|Transfer from unrestricted funds to|5,000|(5,000)|0|
|restricted funds||||
|**Total Transfers between funds**|**5,000**|**(5,000)**|**0**|
|**Reconciliation of funds**||||
|Total Funds Brought Forward|17,615|44,812|62,427|
|**Total Funds Brought Forward**|**-**|**61,901**|**61,901**|
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|Statement of Assets and Liabilities
The Pink Singers
As at 31 August 2025
**Current Assets**
Debtors
Cash at Bank and in Hand
**Total Current Assets**
**Creditors: amounts falling due within one year**
**Net Current Assets**|**2025**
18,720
43,464|
|---|---|
||**62,148**
**(283)**|
||**61,901**|
|||
|**Total Assets less Current Liabilities**|**61,901**|
|**Total Funds for the Charity**
Unrestricted funds
Restricted funds (Note 2)|61,901
-|
||**61,901**|
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## Trustee Declaration
The Pink Singers For the thirteen months ended 31 August 2025
The financial statements included in this report, all of the figures and information were approved by the board of Trustees on 19 March 2026 and were signed on its behalf by:
4 April 2026
Thomas Phillips
Chair of Trustees
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The Pink Singers For the thirteen months ended 31 August 2025
## Notes to the Financial Statements
## **1. Accounting Policies**
The principal accounting policies adopted, judgement and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
- a) Basis of preparation and assessment of going concern
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019) — (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Pink Singers meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
b) Fund accounting policy
Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted funds can only be used for restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
## **2. Restricted funds**
There was no restricted fund balance at the end of the thirteen month period, although funds were received from the National Lottery Heritage Fund grant. The charity received £47,313 in the financial year ending 31[st] July 2023, a further £37,850 in the last financial year, and £9,461 in this thirteen month period, totalling £94,624. £5,000 was transferred to restricted funds from unrestricted funds during the financial period, in accordance with the terms of the grant. During the thirteen month period ended 31 August 2025, the charity incurred expenditure of £32,077 against this restricted fund, broken down as follows:
|**Expenditure Category**|**Amount (£)**|
|---|---|
|Consultancy & Contractors|23,513|
|Publicity|8,565|
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These funds are restricted for use on specific heritage projects as outlined in the grant agreement with the National Lottery Heritage Fund.
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