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2022-08-31-accounts

The Highgate Choral Society trustees’ report 2021/22

Charitable objects

The objects of the CIO are the advancement of arts and culture, and in particular the art and culture of music, by the presentation of concerts and other ancillary activities. The charity pursues its objects principally through holding public concerts, but we also undertake additional activities to support our local community and engage with other charities and schools in our area. The trustees of the charity are aware of the general guidance issued by the Charity Commission on public benefit. They have regard to this guidance in deciding what activities the charity should undertake.

Constitution

Highgate Choral Society is registered as a Charitable Incorporated Organisation (CIO) with the Charity Commissioners under charity registration number 1191240 since 11[th] September 2020. The trustees of the new CIO continued to administrate the old Highgate Choral Society charity (registration number 265651) alongside the new CIO until the AGMs of both charities which took place on Monday, 21[st] February 2022. At the AGM of old HCS, members of the choir voted for its dissolution which was duly registered with the Charity Commissioners.

Musical activities

After the various lockdowns which meant that HCS members had to rehearse and perform concerts online, it was a joy to be able to meet up live at the start of our 2021/22 season. The season had its ups and downs – an outbreak of Covid among choir members in March 2022 almost saw our second attempt to sing the Bruckner Mass cancelled yet again – but looking back, it was a truly enjoyable year. As well as our usual five concerts which we performed at All Hallows’ Church in Gospel Oak and St Michael’s Church, Highgate, HCS also held a weekend choral workshop at Benslow Music in Hitchin, Hertfordshire, and the choir also sang in a number of concerts in Central London for commercial promoter, Raymond Gubbay.

As is the choir’s wont, our repertoire over the year included a mix of popular choral works and lesser known pieces. We also premiered two choral pieces: one, Songs from the Temple , was commissioned by the choir from upcoming composer Christopher Hussey; the other was a piece, Nothing can be Beautiful

Which is not True , composed by our musical director, Ronald Corp OBE, in memory of Alf Mignano, a long-time supporter of the choir.

We are particularly grateful to Ron – as always – for his enthusiasm and inspirational musical direction over the year. We all benefit from his programme selections and from his insights into the works we perform, both during rehearsals and in his pre-concert talks for our audiences, and also for his pre-recorded “Ron talks” which we make available to the wider public on our website (www.hcschoir.com) ahead of our concerts.

Ron celebrated his 70[th] birthday in January 2021 and, in honour of the occasion, members of the choir contributed to the cost of commissioning a portrait of him. The artist chosen, Tim Benson, is vice president of the Royal Institute of Oil Painters and a one-time member of the New London Children’s Choir which Ron founded in 1991.

Our first concert of the 2021/22 season – and our first since December 2019 – was held on Saturday, 13[th] November 2021 at All Hallows’ Church, Gospel Oak. We sang Verdi’s Requiem , a choral tour de force which we thought was most fitting for HCS and its supporters to celebrate our long-anticipated return to live performance. We were joined by four young soloists – soprano Anita Watson, mezzo soprano Samantha Price, tenor Frederick Jones and baritone Stephen Gadd. Ron conducted the choir and the New London Orchestra.

Verdi’s Requiem is a setting of the Catholic funeral mass in seven movements scored for double choir, solo quartet and large orchestra. It was composed in honour of the memory of the Italian poet and novelist Alessandro Manzoni, whom Verdi greatly admired and who, like Verdi, was a leader in the Risorgimento, the cultural and political movement for Italian independence and unification. The first performance, conducted by Verdi himself, was given in the church of San Marco in Milan on the first anniversary of Manzoni’s death, 22 May 1874, and it received immediate acclaim. A second performance, also conducted by Verdi, followed three days later at La Scala in Milan.

Our second concert, on Saturday, 4[th] December 2021, was our ever-popular sell-out Family Carols where we sing together with two local children’s choirs – the New London Children’s Choir and the choir of St Michael’s Church of

England Primary School, Highgate. Both choirs performed with great enthusiasm and their contribution was much enjoyed by everyone. At the end of the concert, we held a bucket collection for two charities – the Sanktus Project and the Camden Music Trust – which raised around £800.

We were extraordinarily lucky to have been able to hold the concert, as it turned out. Ten days later and we were back in lockdown again.

Our March concert was the one that almost didn’t take place. Although the lockdown had been lifted in time for us to rehearse Bruckner’s Mass in E minor , despite all our precautions and social distancing rules, our last rehearsal before the concert became a superspreader event. What had started as a 130strong choir was reduced over the next five days by more than a half. After some hurried consultations with Ron and fellow trustees, we decided to bite the bullet and go ahead with the concert and it turned out to be the right decision. Our audience gave us a standing ovation.

The concert, which took place on Saturday, 12[th] March 2022 at All Hallows, was dedicated to the memory of Carolyn Pascal, our former general manager, who died unexpectedly in January 2020. It also saw the première of a new work by Ron, Nothing Can be Beautiful which is not True , composed in memory of HCS supporter and art lover Alfred Mignano. This was inspired by the writings of art critic John Ruskin and marked the 200[th] anniversary of his birth.

We also sang Bruckner’s Ecce Sacerdos Magnus and Fauré’s Cantique de Jean Racine .

We opened the concert by playing the Ukrainian national anthem and at the end we held a bucket collection for the DEC Ukrainian Appeal which raised £1,141.

Moving on to our fourth concert which took place on Saturday, 21[st] May 2022 at St Michael’s, Highgate, we sang a mix of English and French songs including that perennial choral favourite, Fauré’s Requiem . This was followed by Ralph Vaughan Williams’ Five Mystical Songs and settings of celebrated poems by the 17[th] century Anglican priest, George Herbert. We also premièred a new piece,

Songs from the Temple , which HCS had commissioned from Christopher Hussey.

For the concert, we were joined by organist Edward Batting and soloists Iúnó Connolly (soprano) and Jacobo Ochoa (baritone).

Our last concert of the season, which took place at All Hallows on Saturday, 9[th] July 2022, was Haydn’s choral masterpiece, The Creation .

Scored for soprano, tenor and bass soloists, mixed chorus and large orchestra, The Creation is in three parts: following the orchestral ‘representation of chaos’, Part One depicts the creation of light, heaven and earth, land and water, and plants; Part Two describes the creation of animals, and man and woman; and Part Three portrays Adam and Eve and their idealised love in the Garden of Eden. The soloists represent the angels Gabriel (soprano), Uriel (tenor) and Raphael (bass), who narrate and comment on the six successive days of creation; while in Part Three the soprano and baritone take the roles of Adam and Eve. For each day of creation, the musical scheme comprises a narrative drawing on Authorised Version biblical texts from Genesis, a commentary in more poetic language drawing on Milton’s Paradise Lost , and choral paeans using paraphrases from the psalms.

For this final concert, we were joined by three wonderful young singers from the English National Opera’s Harewood Scheme: soprano Alexandra Oomens; tenor William Morgan; and bass William Thomas. The Harewood Scheme gives talented, young singers the opportunity to receive coaching and support from ENO while they are making their way into the world of opera and classical music in general, and we are indebted to Graham Brookman for his generosity in sponsoring our three soloists.

Overall, audience attendance was on a par with recent years. This was a very pleasing result, given the lingering concerns about picking up covid and other viruses at large scale events.

Governance

The administration of the charity is the responsibility of the trustees who are all unpaid members of the charity elected by its members in accordance with the constitution. The trustees all resigned, as required by the constitution, at

the 2022 AGM on 21st February 2022 February and several were subsequently reappointed. From our next AGM the annual cycle of elections will commence and the third most long-standing trustees will retire each year, remaining eligible to be re-elected for two further terms of three years.

At the last AGM, two of our long-standing trustees – Hilary Henderson and Robert Sumerling – stood down and I would like to thank them once again for their hard work and dedication to the choir. Five new trustees – Rachel Ambrose, Charlotte Goss, Ashitey Ollennu, Andrea Sabbadini and Cindy Walters – were elected to the board, bringing the number of trustees to 14.

The trustees meet regularly among themselves and also with our music director. Our music director is not a member of the committee but is invited to attend its meetings. Since the start of the 2021/22 season, the trustees have met both in reality and virtually and often as a mix.

In addition to future musical plans, the trustees considered: the financial position of the charity; the approval of the budget and season plan; reviews of membership; and operational risks. We also discussed the future of the HCS Friends’ Scheme which we are seeking to rejuvenate.

Membership

When we started meeting for live rehearsals in September 2021, our membership numbers were down by around 14%, largely due to those more vulnerable among us wishing to stay protected during the latter stages of the pandemic. But by the end of the year we were only about 5% down on previous strength and we continue to build steadily back to previous numbers. While some older members have not renewed, we have been joined by an encouraging number of new singers.

Finance

As noted above, the old HCS has now been dissolved and all financial matters for the year were run through the new Highgate Choral Society CIO. The result for the year was a loss of £6,111, a good result considering the uncertainty with which we started the year in terms of membership numbers and potential audiences immediately post-Covid, and testament to the wisdom of carrying a healthy reserve enabling us to take appropriate risks with our forward programme planning. We carry forward at the end of the year general funds of £45,321 and a commissioning fund of £13,881.

Independent examiner

We are very grateful to chartered accountant Richard Morris, our independent examiner, for all the support and advice he has given us over the year.

Conclusion

We have ended our first year post lockdown and the transition from old HCS to the CIO in a strong position, with money in the bank and a thriving membership. We sang some great music to very appreciative audiences in the aftermath of Covid and were delighted by our ability – and theirs – to bounce back.

This is my last AGM as your chair. After 13 years as a trustee, of which the last five were as chair, I will be standing down and returning to the back benches of the alto 2s along with Andrea Sylvester (HCS’s general manager who joined the committee at the same time I did), Siobhan D’Gama (HCS’s membership secretary), Andrea Sabbadini and Cindy Walters (general trustee). I would like to take this opportunity to thank all four in particular – and my fellow trustees in general – for everything they have done and continue to do for this great choir.

Julia Irvine Chair Highgate Choral Society 23rd March 2023

Highgate Choral Society Charity Nº 1191240 Annual accounts for the period 1st September 2021 to 31st August 2022

Section A Statement of financial activities

Draft 10/11/2022 General Funds

Designated Total Commissionin Total Funds g Fund Funds Last Year

Income

----- Start of picture text -----
Concert Ticket Sales 25,220 25,220 -
Progamme Sales 535 535 0
Programme Advertising 200 200 0
Membership Subscriptions 40,828 40,828
Friends 2,415 2,415 200
Donations/Bequests 110 110 55
Sponsorship 2,250 2,250 0
Gift Aid Tax Recovery 8,945 8,945 0
Bar Sales 2,707 2,707 0
Refreshments Net Income 305 305 0
Music Hire IExternal Co nc ert Promoters ome 1,438 1,438 7
Income 4,570 4,570 0
Benslow Weekend Income 13,364 13,364 0
Tour Income 0 0
Commissioning Fund Income 0 0
Funds Transferred from HCS 0 71,372
Sundry Income 275 275 75
Total Income 103,162 0 103,162 71,709
Expenditure
Concert Costs 64,189 64,189 0
Programme Costs 1,966 1,966 0
Rehearsal Costs 22,840 22,840 3,000
Bar Costs 1,837 1,837 0
Music Hire Costs 847 847 12
Bank & Card Charges less Interest 249 249 24
PRS Royalties 299 299 0
Insurances 307 307 0
Making Music Annual Subscription 365 365 0
External Concert Promoters Costs 2,227 2,227 0
Benslow Weekend Costs 12,653 12,653 0
Tour Costs 0 0
Commissioning Fund Costs 2,250 2,250 0
Depreciation 475 475
Sundry Costs 1,019 1,019 1,110
Total Expenditure 109,273 2,250 111,523 4,146
Income less Expenditure -6,111 -2,250 -8,361 67,563
Transfers between funds 0 0 0 0
Net movement in funds -6,111 -2,250 -8,361 67,563
Funds brought forward 51,432 16,131 67,563 -
Funds carried forward 45,321 13,881 59,202 67,563
----- End of picture text -----

Section B Balance sheet

£
£
£
Fixed Assets
2,097
2,097
1,972
Current assets
Debtors (Note 19)
170
170
7,562
Cash at bank and in hand (Note 24)
49,968
13,881
63,849
68,909
Total current assets
50,138
13,881
64,019
76,471
6,914
6,914
10,880
Total net current assets
43,224
13,881
57,105
65,591
Total net assets
45,321
13,881
59,202
67,563
General Funds
45,321
45,321
51,432
Commissioning Fund
13,881
13,881
16,131
Total funds
45,321
13,881
59,202
67,563
Signature
Julia Irvine, Chair
Luke Randolph, Treasurer
General
Funds
Designated
Commissionin
g Fund
Total
Funds
Total
Funds
Last Year
Creditors(Note 20)
Signed by two trustees on
behalf of all the trustees
Date of approval
dd/mm/yyyy
£
£
£
Fixed Assets
2,097
2,097
1,972
Current assets
Debtors (Note 19)
170
170
7,562
Cash at bank and in hand (Note 24)
49,968
13,881
63,849
68,909
Total current assets
50,138
13,881
64,019
76,471
6,914
6,914
10,880
Total net current assets
43,224
13,881
57,105
65,591
Total net assets
45,321
13,881
59,202
67,563
General Funds
45,321
45,321
51,432
Commissioning Fund
13,881
13,881
16,131
Total funds
45,321
13,881
59,202
67,563
Signature
Julia Irvine, Chair
Luke Randolph, Treasurer
General
Funds
Designated
Commissionin
g Fund
Total
Funds
Total
Funds
Last Year
Creditors(Note 20)
Signed by two trustees on
behalf of all the trustees
Date of approval
dd/mm/yyyy
£
£
£
Fixed Assets
2,097
2,097
1,972
Current assets
Debtors (Note 19)
170
170
7,562
Cash at bank and in hand (Note 24)
49,968
13,881
63,849
68,909
Total current assets
50,138
13,881
64,019
76,471
6,914
6,914
10,880
Total net current assets
43,224
13,881
57,105
65,591
Total net assets
45,321
13,881
59,202
67,563
General Funds
45,321
45,321
51,432
Commissioning Fund
13,881
13,881
16,131
Total funds
45,321
13,881
59,202
67,563
Signature
Julia Irvine, Chair
Luke Randolph, Treasurer
General
Funds
Designated
Commissionin
g Fund
Total
Funds
Total
Funds
Last Year
Creditors(Note 20)
Signed by two trustees on
behalf of all the trustees
Date of approval
dd/mm/yyyy
Signature
Date of approval
dd/mm/yyyy

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

• and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

n/a n/a

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

n/a

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of the change in accounting policy;

n/a

(ii) the reasons why applying the new accounting policy provides more reliable and more relevant n/a information; and

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(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

n/a

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of any changes; n/a (ii) the effect of the change on income and expense or n/a assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods. n/a

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes ü * -Tick as appropriate No

Please disclose:

(i) the nature of the prior period error;

(i) the nature of the prior period error; n/a (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and n/a (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts. n/a

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Section C Notes to the accounts (co

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GE PRACTICE

Please provide a description of the nature of each change in accounting policy

----- Start of picture text -----
none
----- End of picture text -----

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5

ont)

Section 35 of FRS102, requires 3 reconciliations to be

ENERALLY ACCEPTED ACCOUNTING

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Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
Yes
No
N/a
ü
Ofsetting
Yes
No
N/a
ü
Grants and donations
Yes
No
N/a
ü
Yes
No
N/a
ü
Legacies
Yes
No
N/a
ü
Government grants
The charity has received government grants in the reporting period
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Donated goods
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Support costs
The charity has incurred expenditure on support costs.
Yes
No
N/a
ü
Volunteer help
Yes
No
N/a
ü
This is included in the accounts when received.
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufcient reliability.
There has been no ofsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income is only recognised to the extent that
the charity has provided the specifed goods or services as entitlement to the grant only
occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when received and any conditions attached to the
legacy are either within the control of the charity or have been met.
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specifed otherwise.
Contractual income and
performance related
grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to benefciaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fxed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Membership
Subscriptions.
Membership subscriptions which gives a member the right to buy services or other
benefts are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
Yes
No
N/a
ü
Ofsetting
Yes
No
N/a
ü
Grants and donations
Yes
No
N/a
ü
Yes
No
N/a
ü
Legacies
Yes
No
N/a
ü
Government grants
The charity has received government grants in the reporting period
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Donated goods
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Support costs
The charity has incurred expenditure on support costs.
Yes
No
N/a
ü
Volunteer help
Yes
No
N/a
ü
This is included in the accounts when received.
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufcient reliability.
There has been no ofsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income is only recognised to the extent that
the charity has provided the specifed goods or services as entitlement to the grant only
occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when received and any conditions attached to the
legacy are either within the control of the charity or have been met.
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specifed otherwise.
Contractual income and
performance related
grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to benefciaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fxed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Membership
Subscriptions.
Membership subscriptions which gives a member the right to buy services or other
benefts are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
Yes
No
N/a
ü
Ofsetting
Yes
No
N/a
ü
Grants and donations
Yes
No
N/a
ü
Yes
No
N/a
ü
Legacies
Yes
No
N/a
ü
Government grants
The charity has received government grants in the reporting period
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Donated goods
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Support costs
The charity has incurred expenditure on support costs.
Yes
No
N/a
ü
Volunteer help
Yes
No
N/a
ü
This is included in the accounts when received.
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufcient reliability.
There has been no ofsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income is only recognised to the extent that
the charity has provided the specifed goods or services as entitlement to the grant only
occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when received and any conditions attached to the
legacy are either within the control of the charity or have been met.
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specifed otherwise.
Contractual income and
performance related
grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to benefciaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fxed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Membership
Subscriptions.
Membership subscriptions which gives a member the right to buy services or other
benefts are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
Yes
No
N/a
ü
Ofsetting
Yes
No
N/a
ü
Grants and donations
Yes
No
N/a
ü
Yes
No
N/a
ü
Legacies
Yes
No
N/a
ü
Government grants
The charity has received government grants in the reporting period
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Donated goods
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Support costs
The charity has incurred expenditure on support costs.
Yes
No
N/a
ü
Volunteer help
Yes
No
N/a
ü
This is included in the accounts when received.
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
Yes
No
N/a
ü
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufcient reliability.
There has been no ofsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income is only recognised to the extent that
the charity has provided the specifed goods or services as entitlement to the grant only
occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when received and any conditions attached to the
legacy are either within the control of the charity or have been met.
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specifed otherwise.
Contractual income and
performance related
grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to benefciaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fxed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and
facilities
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest,
royalties and dividends
Income from membership
subscriptions
Membership subscriptions received in the nature of a gift are recognised in Membership
Subscriptions.
Membership subscriptions which gives a member the right to buy services or other
benefts are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.
Investment gains and
losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
ü

2.3 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
Governance and support
costs

Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs by
foor areas, or per capita, staf costs by the time spent and other costs by their usage.
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specifc level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specifed service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic fnancial
instruments
The charity accounts for basic fnancial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to
11.19, FRS102 SORP.
2.4 ASSETS
Tangible fxed assets for
use by charity
Fixed assets transferred from the previous HCS are treated as written down to nil value.
Fixed assets acquired by this charity are valued at cost less depreciation.
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fxed assets The charity has intangible fxed assets, that is, non-monetary assets that do not have
physical substance but are identifable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientifc, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 14
They are valued at cost.
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
progress realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
Current asset The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
investments equivalents with a maturity date of less than one year held for investment purposes rather than
to meet short term cash commitments as they fall due.

They are valued at fair value except where they qualify as basic financial instruments.

----- Start of picture text -----
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Yes No N/a
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Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
----- End of picture text -----

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Income is all as set out in the Statement of Financial Activities

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Section C Notes to the accounts

Note 4 Analysis of receipts of government grants

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not appplicable CC17a (Excell li 0613012023

Section C Notes to the accounts

Note 5 Donated goods, facilities and services

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Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Expenditure is all as set out in the Statement of Financial Activities

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Section C Notes to the accounts (cont)

Note 7 Extraordinary items none

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Section C Notes to the accounts (cont)

Note 8 Funds received as agent not appplicable

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Section C Notes to the accounts (cont)

Note 9 Support Costs

not appplicable

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

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Section C Notes to the accounts (cont)

Note 10 Details of certain items of expenditure 10.1 Fees for examination of the accounts

not appplicable

Please provide details of the amount paid for any statutory external scrutiny of a other services provided by your independent examiner. If nothing was paid pleas the appropriate box(es).

This year £ Independent examiner’s fees 0 Assurance services other than audit or independent examination 0 Tax advisory fees 0 Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner 0

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e

accounts and se enter '0' in

----- Start of picture text -----
Last year
£
0
0
0
0
----- End of picture text -----

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Section C Notes to the accounts (cont)

Note 11 Paid employees not appplicable

Please complete this note if the charity has any employees.

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Section C Notes to the accounts (cont)

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operate not appplicable

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

not appplicable

12.3 Please complete this section where the charity participates in a multiemployer defined benefit pension plan that is accounted for as a defined contribution plan.

not appplicable

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Section C Notes to the accounts (cont)

Note 13 Grantmaking

Please complete this note if the charity made any grants or donations wh form a material part of the charitable activities undertaken.

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not appplicable hich in aggregate CC17a (Excell 23 0613012023

Section C Notes to the accounts (cont)

not appplicable

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

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Section C Notes to the accounts (cont)

Note 15 Intangible assets p y y g assets

not appplicable

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Section C Notes to the accounts (cont)

Note 16 Heritage assets Please complete this note if the charity has heritage assets

not appplicable

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Section C Notes to the accounts (cont)

Note 17 Investment assets not appplicable

Please complete this note if the charity has any investment assets.

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Section C Notes to the accounts

Note 18 Stocks

not appplicable

Please complete this note if the charity holds any stock items

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Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
deposit
Total
This year
£
Last year
£
75 75
45 6,014
50 1,473
170 7,562

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting d 19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

not appplicable

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Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

20.1 Analysis of creditors
Trade creditors
Deferred Income and accruals as set out below
Other creditors - funds to be transferred to HCS.CIO
Total
Amounts falling due
within one year
Amounts falling due
after more than one year
This year
£
Last year
£
This year
£
Last year
£
1,340 200 0 0
5,300 10,680
0
6,640 10,880 0 0

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

Some membership subscriptions are received in August of the preceeding year in respect of membership for the succeeding year commencing September 1

Movement in deferred income account
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
This year
£
Last year
£
10,680 0
5,300 10,680
-10,680 0
5,300 10,680

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Section C Notes to the accounts

Note 21 Provisions for liabilities and charges

not applicable

Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.

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Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

none

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Section C Notes to the accounts

g g

assets

23.1 Contingent liabilities Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.

none

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Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Cash at bank and on hand Other Total

----- Start of picture text -----
This year Last year
£ £
63,849 68,908
- -
63,849 68,908
----- End of picture text -----

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Section C Notes to the accounts

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

none

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

none

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Section C Notes to the accounts (cont)

Note 26 Events after the end of the none reporting period Please complete this note if events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

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Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
Type PE, balances Gains balances
EE R or Purpose and Restrictions brought Expenditu and carried
U * forward Income re Transfers losses forward
Fund names £ £ £ £ £ £
General Funds U General Charitable Activities 51,432 103,162 -108,999 0 0 45,595
Commissioning Fund U Commissioning of New Choral Works 16,131 0 -2,250 0 0 13,881
Other funds 0 0 0 0 0 0
Total Funds 67,563 103,162 -111,249 0 0 59,476
----- End of picture text -----

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Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
Type PE, balances balances
EE R or Purpose and Restrictions brought Expenditur Gains and carried
UR * forward Income e Transfers losses forward
Fund names £ £ £ £ £ £
General Funds UR General Charitable Activities 0 55,578 -4,146 0 0 51,432
Commissioning
Fund UR Commissioning of New Choral Works 0 16,131 0 0 0 16,131
Other funds 0 0 0 0 0 0
Total Funds 0 71,709 -4,146 0 0 67,563
----- End of picture text -----

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Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

----- Start of picture text -----
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
----- End of picture text -----

27.4 Designated funds

Planned use Purpose of the designation Amount

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Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

----- Start of picture text -----
||| |---|---| |None of the trustees have been paid any remuneration or received any other benefits| |from an employment with their charity or a related entity (True or False)|1| |28.2 Trustees' expenses| |If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be| |provided in this note. If there are no transactions to report, please enter “True” in the box below. If there| |are transactions to report, please enter "False".| |No trustee expenses have been incurred (True or False)|1|

----- End of picture text -----

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period, excepting the 1 transfer of funds and other assets to HCS CIO (True or False)

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Note 29 Additional Disclosures none

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

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CHARITY COMMISSION FOR E￿LAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tho trustoos The Highgate Choral s￿Iety On accounts for the year ended 31st August 2022 Charlty no (If any) 1191240 Set out on pages I report to the trustees on my examination of the account$ of the abov8 charity (Yhe Trusf) for the year ended 3110812022. Responsibilities and basis of rnport As the charivs trustees, you are responsible for the preparation of the accounts in ac￿rdanCe wrth the requirements of the Chartties Act 2011 (Ihe Acr). I report in respec of my examination of the Trust's accounts carried OLrt under section 145 of the 2011 Act and in Cal￿ng OLrt my examination, I have followed all the applicable Directions given ty the Charrty Commission under section 145(5){b) of the Ad. Independent I have completed my examination. I confim) that no material matters have examinerfs ststement come to my attention in connection with the examination which gives me cause to believe that in. any material respect: the accounting records ere not kept in accordan￿ wth seth'on 130 of the Chaftties Ad,. or the accounts did not accord with the accounting records.. or the accounts did not comply with the applicable requirements conceming the foTh and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf VEW which is not a matter onsidered as part of an independent examinats"on. I have no cOn￿mS and have come across no other mattefs in connection with the examination to vthith attention should be drawn in this report in or er to enable a proper Understandi￿ of the accounts to be reached. Slgned: 1 April 2023 Name: Richard Morris Relevant professional qualification(sl or body (if any): Associate member of the Institute of Chartered Accountsnts in England and Wales Addfess: 8 Holi Close London N103HW IER Oct 2018