ST PETER'S CHORAL FOUNDATION ST PETER'S CHORAL FOUNDATION (A charitable incorwated organisation) Unaudited Trugt•es' Report and Flnancial Statements for the perlod from 1 January 2024 to 31 December 2024 CHARITY COMMISSION FOR ENGLAND AND WAIES Trustees, annual report for the period From: 1st January 2024 to: 31st December 2024 Charlty name: St Petern Choral Foundatlon Charlty reglstrallon number: 1194888 Objectlves and activities SORP relererK8 Par81.17 Summary of the purposes of the charity as set out in its governing document (1) To advance the faith of the Church of England for the benefit of the public through pubic musical celebration of festiva15 and choral tultion and through any other means in order to enlighten others andlor further educate others in this faith through the provision of music (2) To maintain and develop the St Peterfs choir and its choral tradition with a view to expand suth expression of faith In the Boumemouth environs (3) To promote the art of traditional choral music for the public benefft (4) To advance the educalion and training of choristers and adult singers for the public benefit The at()ve objects may include, but are not limited to, the wovision of: (1> instrument andlor singing andlor musical theory tuition,'(ii) provisK)n of public Christian festivals and services (iii) musical rehearsals; and (iv) musical perfomance in all Cases worklng in the South of England Summary of the main activities in relatlon to those purposes for the public benefit. in particular. the 8Ctlvlties, projects or services identified in the accounts. Para 1.17 and 1.19 Recruitment of choristers and adult singers, including the production of publiaty materials; purchase of printed music and other items necessary for the perf0rnan￿ of music: training and tultion of singers, including the purchase of teaching materiaLs. Statemeni confirming whether the trustees have had regard lo the guidance issued by the Charity Commission on public benefit P#ra1.18 The trustees have had regard to the guidance for the public benefit, specifically to deliver weekly 8nd festival services which are open to 811. Choristers and choir members may join at any age after a simple audition. Rehearsals are every Wednesday and Thursday night and Sunday mornings pre the 10 am eucharist. Plans are in hand to fund18y clerkships in 2025 and to start a son sthool for children Addltlonal inforniation {0ptional) You ma choose to include further statements where relevant about: SORP fefwonc• None P¥a 1.38 Policy on grant rnaking None P¥a 1.38 Policy on social investment including prograrn related investment Our volunteers indude adult singers, chaperones and music librarians. Volunteers from the wider community and trustees help run concerts and provide refreshrnents. Parn 1.3b Contribution made by volunteers None other Achlevements and perfonnance The boys, and girls. choirs continue to develop. Public awareness of the existen￿ of the choir and the training it offers c¢)ntinues lo be raised. Public sung services in the English choral traditK)n have been perfomied ts¥lce on every Sunday dunno school temi-time and futher Servi￿ and concerts have been offered in publK at special times of Ihe yew. Music theory training has been offered to all of the choristers. Every chorister is making good wogress in music training according to our training syllabus. Strategic planning has been carried out for furthering our charitabFe objectives, and some key partnerships have been made. Summary of the main achievements of the charity. identrfying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to socjety as a whole. Para 1.20 Addltlonal inf0rn7atlon (optional) You ma choose to include further ststernents where relevant about: Achievements against objectives set Para 1.41 Performance of fundraising activities ainst ob'ectives set Para 1.41 P¥a 1.41 Investment perfomiance against objectives Other Flnanclal review Revlew of the charity's financial position at the end of the period Parn 1.21 St Pelers CIO had an excess of income over expenditure for this financial year. The excess funds remained in working capilal. A donation of circa £24000 was received from St Peters Churth in order to fund a project to start in 2025 for a cathedral choir. A business plan will be refined and approved by tNstees and recruitment starts in first uarter 2025 Reserves are held to ensure any essential immediate work can be done Statement explaining the pollcy for holding reserves slating why they are held kniount of reserves held Parn 1.22 Pwa 1.22 We have no committed expenditure and so will onty spend money when sums have been raised for the iven work We have no committed expenditure and so will only spend Money when sums have been raised for the tven work NIA Reasons for holding zero reserves Para 172 Details of fund materially in deficit Ptra 1.24 Explanation of any uncertainties about the charity continuing as a oin con￿rn Para 1.23 None Additional Informatlon (optional) You ma choose to include further statements where relevant about: Donations from supporter5 Grants The charity's principal sources of funds (including any fundraising) Para 1.47 All excess fijnds during the financial year were held in the charity's Natwest current bank acLx)unt. Para 1.46 Investment policy and objectives including any social investment policy adopted We see none at present although there is always a risk that choristers may leave Par8 1.46 A description of the principal risks facing the charity Other Structure, governance and management Description of charity's trusts.. Type of governing document.. for example. St deed, memi d articles of as50ciaiii Para 1.25 Constitution How is the charity constituted? l- nr example Simiie¢Y Para 1.25 Charitable Incorporated Organisation Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Trustees are appointed ex offiao as part of their Fx)sitions on the Parochial Church Council of BTCP. Three independent trustees are also eligible to be appointed and are selected due to knowledge and skill sets and commilment to this charit and church Addltlonal information (optional) You may choose lo include further statements where relevant about: Pafa 1.51 Policies and prO￿ureS adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any rglated partles Other Reference and administratlve details Charit name Other name the charity uses Registered charity number Charity's principal address Bankers St Peters Choral Foundation 1169510 St. Peter's Church. Hinton Road. Boumemouth, Dorset BH1 2EE Natwest, The Square, 5 Old Christchurch Road, Bournemouth BH1 1DU Independent Examiners All Tax Ltd 17 Mortimer Road 80URNEMOUTH BH8 9HP Names of Ihe charlty trustees who manage the ¢harlty Tru•t•• n•n• Offlc• {11 any) Chair Secretary •tha W Th￿101 whol• Nam• Df p•rson lor bodyl •ndtl•d toa olnt trust•• Chris Mayne Jane MacDonald Virginia George Beck Ronalyn Bichard Duncan Courts Simon Head Claire Whitehead Lloyd Bartlett Nick Jepson- Biddle Appointed 215t November 2024 NB Trustees 1-5 are all appointed ex officio due to their position in the church orate trustees - names of Ihe direciors at the date the re rtwasa ved Dlr•ctor nam• Name of trustees holding tille to propety belonging to the charity Tru$t•e ft￿0 Dat•s athd N notfor whol• Funds held as custodlan trustees on behalf of others Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's ob'ects Details of arrang￿entS for safe custody and segregation of such assets from the charity's own assets Nla Nla Addltlonal Inforniatlon (opllonal) Name8 and addresse5 of advlsers 1 DECEM•ER 2024 Not•s 2024 2023 In¢om• Event ficket S•les Dona￿On$ and Endowmtnts 24,193 364 24,193 DlY•¢l Costs Coffert Costs Perfonnerf F• Op•rntlni Exp•nd*ur• CtsnsvltstioTr Fees Independent EX￿1￿￿'sFeq Expenditur• AdvertI￿n9 and Promotion Prlntln8Costs I Idefkm foffth• 24.133 Retslned PrtifTt BmwFts￿1rd ft•t•kn•d ProlllC•nl•d Fonmrd 26,991 BAiANCE SHEEfAS AT31 DECÉMBEfi ￿24 2024 2023 CURRENT A￿ET5 Cash at Bank and in H4r 27,051 2918 27,051 2,918 CVRRENT LIABtLITIE5 Credftors ènd aceruals NET ASSETS 26,9ai 2A58 FINANCED BY RESERVTS Plet swplus I Idelkltl 26,991 2￿8 B&an¢¢ •1 •nd ol owlod 26.991 NOTES rom xcouiiis ASAT JiDE¢eM￿R Ind*p•ndthtEMmlnrfs Fee The indoperwlent exaininer5' feeforthe pethjdto 31 D*ttmts•¥ ￿2•w•S £fy)12W13: £6