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2025-08-31-accounts

rcitiryt number. CE032346 Cknity rtgistsllts￿ nuTDFr. 1203170 Ponteland Ladies Choir (A charitsble incory￿rAted or81ni￿ti￿) for the Yellr 31 Ay 2025 ACCA TYNEREDE A¢£OUNIANCY

PoDteland Ladies Chotr Contents Reference and Administrdtiv¢ Drtsi]s Strategic Report 3to4 Stht¢mertt of Financial Activities Balance Sheet Notes to the Financial StstthY*ttts 8t0 14

Ponteland Iadies Cbolr Referenee and Administrntive Detalls Chirfty Registrtion Nymber 1203170 Con￿1￿Y ReglJtrdon Number CE032346 The ¢lJarity is in Wale& 4 Glendale Close New¢&stle wx)n Tyn¢ e&Weor NE5 ISD Indepettdent EiwlD¢r Christopher Gillie FCCA Bcilingbom Hexham NE48 2BA

Pontelxnd Lxdies Cholr Strateglc Report for the Year Ended 31 August 2025 3 1 August 2025. in con¥liallce with s414C of th¢ Coll4Jaw Act 2￿. The strateBic Ye￿rt vlas approved by ITh￿ of the cTrArity on................-.. a￿1 si￿￿1 on its bebalf by: S J Wilknams TTUStee

Pontel￿d Ladi￿ Choir Trustees, Report The trustew who are directm for the purpmes of ¢omFw law. weseni the annual rqkn together with the financial sthtements of the charithble COn4￿Y for the year eNled 31 AUW 21ll5. ObJettlw¢• mdivitl Objeth 4n44TiMS The study attd practice of music in to fostr¥ tHJblic kTr)wI￿ge and apprrxiati.ort of su¢h by means public perfiKmaoces withiD the NorttrLumbttland 8nd Tyne tyl We8rare4s. Baseil in Ponteland, Northumberland we are a choir of 3(HO membtt4 and we sin8 a wide v¥tiety of music. from mu8ical theatre to ¢]a&si¢al pi¢ce& W¢ perforni two conccrts a yw and (K￿lOnallY we art asked to Public be•ef Th¢ tTUSt¢¢3 wnfiTtD that th¢y httv¢ ¢ompli¢d with the requirements ofsection 17 of the Chariti¢s Aci 2011 to have due re88rd io the public bellefii 8uidance published by th¢ ChaTity Commission for England gnd Wales. Trn￿e￿ offlctrs S J Briggs S J Williams L Ci8rke Slructsr4 governnee xld Fln4n¢l•l Instruments Objedives dndpo The ¢I￿rIty'S activities expose it a nuTDbtt of risks IrKI￿lD8 credit risL c&sh t]ow risk and liquidity risk. The use of financiai dertvatives is governed by the etsity's p)iicies approved by the Ert)ard of t￿￿tee which provi(k writtcn principlcs on the of fina￿181 dcrivatives to [Da￿age tlTh¢ risks. The ¢P￿lty does noi CAfhJlow rtsk The charity's a¢tiviti¢s txpo3¢ it prirnarily to the fiDawial risks of Changes in forei￿ currency exchange ra8 d interest rates. The charity wes foreign ex¢hw￿e fomrd ¢ontr¥ts and interest rnt¢ swap contracts to hedge these exposur&8. Interest bearin8 asscts and liabilities we trdd ￿ fixed tate to certainty of cash flow& Pag¢ 3

PontelAnd ladles Cboir Trnstees, Report Credi¢ rLk The charity's credit risk is prI￿arIlY attrl)utable to its trade rtteivabl¢s. The allv)uJts presented in th¢ balance sheet are net of allow¥￿&5 for doththll r¢c¢ivables. An allow4nce for lInpair￿ is mAde wbe¥¢ there is an identifi¢d 10s5 ¢v¢nt whith based on experi¢0¥ is evithtKe of a r¢4JwtiQn ID th¢ [t￿Vertb111ty of the The credii risk on liquid furwjs aDd dttiT48tiv¢ fiwial inStrU￿ts is limitrd bKause the COUllteryartie5 are baT)ks with high credit.ratings assig￿￿ by interntttsth￿ credit-rating agencxes. The ¢harity l)a8 Th) Si￿1fi¢lnl conLMtration of cttdxt with exposure spred over 8 laT8e number of Liquithty In order to maintain liquidity to ettwre thgt Are av8i]&bl¢ for 1ffl80ing operntiolls aDd ￿knJr¢ developments. the chority uses a mixture of lon8-t#m and short-tenn debt final￿e. Further det4i]s regthrding liquidity risk can be found iti th¢ Ststemellt of polici¢s in the financial statemenis. ststement of TrwtttJ' Re4boTh8lbllhleJ The trustets (who are also the dir¢¢tots of P(Mtrltyl L4di¢s lThoir for the purKMw of company law) ar¢ responsible for prepanng the trustees, Tewyrt atyj the fitt￿￿￿al stst¢ments in aCwrd￿ct with the United Kingdom Accountiti8 Stsndards Iunitrd Kingdom Genernlly Accerl Accounting Prnctice) and Appli￿ble law 8nd regulation Company law rniuires ti truse5 ￿ prepw¢ stst•Mits for each financiol year. Under compony law the trustees must not ipprove th¢ finwKial sthI¢m￿ uDle&8 they •re ￿1Sfied that ￿ give a true and fair view of the stat¢ of affairs of the ¢lJftritable company aDd of its incomin8 resources and application of resoure¢s. required to.. selwt surt&ble acc<wtin8 poli¢i¢s Ind aFyly them c(UL, ' stste wh¢tb¢r gpplicable UK A¢¢￿ StsndArds bave been follow•1 Subject kn any dcpartures disclosed and explained in the fmthcial $tst¢m¢nts" arml haritable ¢onwany will Continue in t4tsine&s. The t[￿stee8 are respotL8ible fw keepitsg W aCC(￿ting Yecorth that •r¢ suffi¢i¢nt to show aThJ explain th¢ charitsble eomp8ny'5 IraL￿CtIonS aThl di5clos¢ with reasOn￿le aecurw at w tim¢ the financial position of th¢ charitsble company and enable them to ensure th¢ sth*ments c(trmply with th¢ Componies Act 2(M)6. They ar¢ also responsible ftjr safe8uardAn8 the of the charitable company for takin8 re#8on#bl¢ step5 for the prevention and detection of attd other iThegulan'ttes. and sign&1 or& its be￿lf by.. S J Williatt

Ponteland IAdies Choir Independent Eumintt's Rqwrt to the trnstee5 of PoDtelnd Ladles Choir {"the Company") 2025. Responslbllltles Ind b•sl8 of report As the cbarity's twstees of the Company {athl also its dITe¢￿ for the of compgDy ]&w) you a responsibl¢ for th¢ prepardtioD of in accordance with th¢ rwUireM￿ts of the Compknie8 Act 21)06 ('the 2006 Act.). Having satisfied myself that th¢ accounts of Pont¢]ond L•dth Cknir art not required to be auditsd under Part 16 of the 2006 Act and are eligible foT itidtpetht ¢xami[￿ll0￿ I reptrL in fftsrrtt of my ¢Xami￿lI0ts of your C￿lty'S accowits 8s Carri￿ oui under sectioll 145 of the Chariti&s Act 2011 {'the 2011 Aet'l. In wing out my examin#tson I h•ve followed the Dire¢tiOn8 giv￿ by tr CP￿rity utth Secti￿ 145(5)(b) of the 2011 ACL Indep¢md¢nt ¢￿TrIDer's slatsmemt I have completed my examinati￿. I confirni have ¢￿tte to nry attenlitin io ¢Onn￿tIon with the examination givin8 me cause to believe: l. accouth8 ttCOT& kryrt in res￿ of Pontelard Ladies Choir as required by section 386 of the 2(K)6 AeL' or 2. th¢ accounts do Dot ￿¢0[d with those records,. or 3. the accounts do not eomply with th¢ C￿UntIng requir￿￿ of Section 396 of th¢ 21)06 Act otber thao any requireDMi the ￿counts 8iv¢ a 'tr￿ and fair view which is not & nutter ¢on8id¢rtd as part of 4. the ac£ounts have not been prepared in wrd*DC¢ with the methc4Js and Pri￿lPIeS of th¢ Sta¢¢ment of R¢￿Mm¢nd¢d Pr8di¢e for xcounting and rwtiti8 by elwriti￿ [appliubl¢ to charities prcptiring thcir a¢couDts in a￿OrdIn¢t with the Fina￿111 Reportin8 Siattdfftrd 4)pli¢Lbl¢ in th¢ UK artd Republic Of Ir¢land (FKS IQ2)1. I have no co￿¢￿5 and have across no other matters in connethon with the ¢x¥min￿10n to which attention Christopher Gillie FCCA Lloyd8 Bank House Bellingha NorthumberlAnd NE48 2BA 30 Septetnber 2025

Pontelnd Ladies Choir ststement of Flnanclal Aelivitses for the Year Ended 31 August 2025 (Ineluding Income Expenditsre Account Statement of Total Recognised Gains Dd Losses) Umr¢s¢rfrted nds Total 2025 Note In<oThe nd Endowments from: Iknations and legacies Charitable activilie4 9,859 9.859 Total incom¢ 9.919 Expemdlture OD: R&i8in8 fttnd8 Total ¢xp¢nditure 8.706 8,706 Net income 1213 1,213 Net rt%Trvem¢nt in funds 1213 1,213 R¢coneilldon ofhnds TotE41 fund8 brnu8ht forvmrd To¢al fvnds c8rried fonvord 4.386 4.386 5.599 Unrestrleied nd$ TotAI 2024 N￿¢ Income aDd EDdoYrniets fro￿. Donations and le8aci&% Clwitsble wtivities 650 650 Total income 8.086 Expettdl￿rn OD: isin8 fiullls Totsl expenditur¢ 7,412 17,412) Net I￿orne 674 674 674 674 Re£Dnelll•tlon •ffv•d¥ Total fiuMIs brought forward 3,712 4J86 3,712 Total ¢arried forwArd 4J86 All of the c1wit￿S activities derAve fron) ¢￿tI￿UL￿g £kng the aiK*ve tvA) pttiod5. Thc bre8kdowTr for 2024 is kn ill nole 7. The on pages 8 to 14 form aD inte￿1 tjort of these fu￿¢1￿1 stat£ments. Page 6

Pontelnd Ldies Chotr (RegistratioD Dllmber: CE032346) Balance Sheet &$ at 31 August 2025 2025 2024 Note Currettt Mtts Cash at baok and in hand 5.599 4,386 Funds oftbe ¢hvlty: Unre4tr1eted ltteome futs 5599 4J86 Tot1 5.599 4.386 For the fingtKial year tmdinB 31 Aug￿ 2025 the eh8rity w ¢￿it￿J to exanplion frrmi eudit ￿lIon 477 of the COmpan￿S Act 2￿ relatin8 to small compatii Direets)rs' resp)nsibilitie8: The members have not rv4uired the charity to (thatn an a￿lit of its ac4)unts the year in q￿tiOn in accordance with section 476; and The directors acknowl￿ge their reSP)n￿bilItieS for c(rfnptyth8 with the r¢qyiTrnts of the Act with r￿p￿t to gceounting re¢ord8 the wepaT81ion of r**ounts. The financi￿ #Item￿ On 6 to 14 wue approved by the and authori8¢d for i&we on .. and sI￿a on th¢ir l)ehalf S J William Tn¥tre Page 7

Ponteland Lxdies Cboir Notes to the Fu)an¢ial Slatements for the Year Ended 31 August 2025 I Charlty s¢tlls The tharity is I1￿'ted by 8uaraottt. inco1￿ in Wale4 and c￿Y does not have slwe etipitai. Eacb of the t￿￿teS is liable th colltribute on attmbwit M)1 ex¢e¢din8 £Nil ts)VArds the asxts of the clwity in the event of liquidation. The addre&s of its r¢gi3t¢rryJ offi¢¢ is: 4 Glendale Close Newtasde upon Tyne & Wear NES ISD 2 A¢¢ountkn8 pollclel Summary polklej key etM•tlng eJtlmte• The principal Accounting w)licies appli￿ ID the preparatson of thcs¢ fin￿￿la1 ststemenis ar¢ yet out below. These policies have been ¢onyi8t¢ntly applied to all the year8 PY¢8end unleBS otherwise sthtrd. StatemeDt of compli#D¢e Th¢ fina￿141 ststements have been prepred in ac¢<tdm with Acc￿1￿8 8nd Rep)rting by Charitieg.. Stthtement of Recommended Practi¢¢ (applicable to charities ￿eparIng thetr accounts in aceordanc¢ with the riitiancial Reporting St8ndard applicable in thc UK and Republi¢ o( Ireland (FRS 1021) (i&%utd in 0¢￿ber 2019) - (Chariti¢s SORP (FRS 1021), the FillarKial Rwtiti8 Standard 4pplw4ble in the UK and R¢public of Ereland (FRS 102) and the Companies Ad 2(K)6. Bsls of prepAratloD Pontelanil Ladies Clwir meets the der￿lti00 of a public b&￿fil ¢ntity FRS 102. Asaets and liabilitie5 are initially reco￿1$ed at biswriul c03t or ti¥Jwth value uDless otherwi8e 8td ill the relevant a¢coulltiAg policy now. Golttg eott¢er• The tr￿81¢eS con8tdcr that thcrc a￿ matsrial thlfL7tsinties aiwt thc charitls ability to Conti￿Ur as a going conccm nor #Dy Sigmfi￿1 aT¢as of th 8ffe¢t the ca￿108 of asJ¢ts hdd by the clwity. Exen4)tloD frnm preprln8 * ea•k #taten￿￿t The ¢hari¢y opted to e•rly adopt Bulletin I wthlisl*d on 2 Feiw 2016 and hav¢ therefote not ]￿l￿ded a Cash flow 5tstement in tlwc ruw￿]￿1 5tsteD)¢Dts. All incorne 1$ rcwgnised th¢ charity has to illcotne. Kt is prthabie tha¢ the itK4)DK will be received aTMI the amount of the inconje rec¢ivabk be Meas￿ trliably.

POntel￿d Ladies Choir Notes to the KnaDcial Statements for the Yer Ended 31 August 2025 Doh4¢ions 4ndl8aa In the event that a dotiotion is subject ￿ conditi0Th8 that TV4u1￿ 8 level of by the charity before the ¢hatity is entitled to the W the ineome 18 defe￿￿ and recogui5￿ U￿11 ¢ith¢r those conditioll5 ar¢ fI￿Y niel or the fulfilmth of th¢)5e c4)nditions is wtrw)lly within the c¢)ntrol of the ebarity and it is probable that tbes¢ EwbeDdit4re Ail exp￿dIt￿re is reCo8Ws￿ once tbete is tt kgai OT COJJStnth obligtition to that eXpe￿dI￿￿ it is prob4ble settlement is required and the catt be rliably. All costs are alloc¥t￿ to the applicabl¢ expenditure heJin8 that aggregate similaT cos to category. Whu¢ Cl￿ ¢anTh)t be directly atiributed to parti¢ular h¢adingy ￿ve beffl all(￿ted ott a b#sis ¢oMistent with of re50wvs, with central staff costs &lloeated ott the b4Si8 of time spenL and thpreciwim ¢hg¢8 all(￿11¢d ott the portion of the assd's use. Other SUPFK)rt Cl)sts are all¢xated bAsed on the spred of s&ff wsts. RAlsln8funds Support eosts SupFrfJrt eosts Rnclude c¢ntral fillKti￿ aDd It&ve ieeD ailLKate4J to activity COBt cate8orie8 on a basis consistent with the ot ftsource4 foi examp￿ al￿atin8 rn costs by floor are￿ or per Copi￿ 8thff c06t8 by the time speni and other ¢osts by their wa8e. TaxAtIoTr The charity 18 Comtdered to pft￿ the tttts s¢t Ixtt in Par28raph I Schethile 6 of ilje Finance Aet 2010 Ind therefore it meets the definition of & chtrrtabl¢ ￿￿anY foT UK corporntion tsx purtKJ5es. Accordingly, the ehon'ty 1$ potentially exempt from kn￿lOn in resped of in¢4)me or capitsl 88iM received within caie8ories Covered by Cb1p￿ 3 P8rt 1 l of th¢ Ciwation Tax Act 2010 or Sertion 256 of the Taxation of Ch8rg¢abl¢ GE4ins Act 1992, to the ext¢nt th•t OT 8ailL¥ aTe applied exelu8ivety to ¢lwitabl¢ PUryK)Sts. Casb aDd elsb eq•fv¥Jlents Cash and cash equivalents (XIMw￿ ¢￿ on haryl and call deposi4 othtr thort-terni hi8hly liquid investsnents that ate readity eonvertible to a kwwn allNot of cash subjc¢t to an insignifi￿nI risk of change in vAIu¢. BorroT*IRgJ Interest.bearing borrowings are iniiially recordtA at tsir valuA w of transaction eoÉL4. Inter¢st.bean"ng borrowill83 ar¢ subs¢quentty urri¢d * amortised ￿ with the diff¢r¢n¢e between the proceed8. n¢t of trAnsaction costs, at￿ the atnount due on redemption being recogni%￿ a Ch￿¥¢ to the StateDMt of Fitmticial Activities over the peTiod of the I￿￿0￿10& and similar BornTrwings ar¢ clwifi¢d wrrent Itabilities Unl￿ the dwity IMS an w￿¥)￿tiOn￿ ri8bt to defcr s¢ttlan¢n¢ of the liability for at least twdve nx)ntlL% after the rwtiDg date.

Pomtelxnd Ladies Choir Notes to the Th#Dei￿ Statements for the Year Ended 31 August 2025 FweigD ei¢hange assets alld liabilities denomiDa*d in fthtigll Curr¢￿e￿ * the balance Shed date are reported at th¢ Tat¢8 of exchan8e prEvailiD8 at that dat¢. The results of overseas operations aye tratt$￿ at th¢ av¢ta8e t81&% of excbaDgc duriDg the ￿lod and th¢ir b8lanc¢ sheets at the rates Tuling at the b8lanee slttt dwte. Exchange differe￿e$ arising 00 ttanslatlon of tb¢ opening net fissets and Tesults of overseas opeNions are Tqx￿￿I in other compreherLsive inwme and accumulated in equity (atiribukd to MpcothlliDg intere#s a8 ￿Mi#¢c). Other exchattge differettces ar¢ r¢w8uised in the Ststell￿ of FinaKiai Actith in the ￿lOd in wbich they arise except fw. l) ¢x¢hJnge diff¢T¢nce8 on tr8llS&Ctions entered into to hed8¢ certain foreign ¢wrenry risks {see above). 2) exchange differen￿ aTiJing on 80ills or l(ws On items wbKh ¥r¢ reco8nised in other 3) in the case of the consolidatrd financial exchange differences on D￿lletsry item8 r#¢ivable from or payable to a fo￿18￿ operation for which settlemert is neither plamKd nor likely lo occur (therefore formirjg part of the net investment in the foTei8D operniion). whi¢h #r¢ recogDi8ed in other compr¢h￿siVe income and reporled und¢r equity. Fund gtrllcture the obje￿iveS of the ebarity. Flnand•l In8trMments Cknificadom provisi¢ms of the instrw Financial liabilitses artd equity Iny¢n￿ are clL8sifieA ¥￿dIng to the Subst￿ of the ￿￿[acts]81 arr8ngeM￿ts entered into. An equity contrad that evidences a res1th￿l ititcrtth in the assets of th¢ ¢han'ty aller d￿￿ckng all of its liabilitic& Page io

Pollteland Ladies Choir Notes to the Financial Statements for the Year Ended 31 August 2025 All financial assets and liabihties are initially at tTrDsth wice (1￿1￿￿￿8 trati5￿0￿ wstsk ¢xc¢pt for those financi￿ assets clwified as at fair value thriML8h PTofit or loss, wtrLich are initially measured at fair Value {which is tlOTll￿lY the tTan5action PTiC¢ ¢X¢I￿lng transadion costs). UDiw the wTrng¢menl constituitt a liability is rne&sured at the PT¢8¢nt value of the fijbjre Fayn￿ts dixim￿ at 4 maTkd rate of inter¢st for i Bimi]ar debt instrument. Financial 8s8ets and liabtliti&8 tre onty offset in the sthternent of financial position ond only when ther¢ exists a legally enfoweable right to set off the rteogrtised amounts and the charity intu)ds either to settle on a et b￿ls. or to rtaii8¢ th¢ 4$8¢t atwj the liability simuw. Financial assets are deyeco￿l3ed whrn ond onty when a) the contrnetual rights to the ¢85h flows from th¢ financial as8et expire or are settled. b) the charity transfers to another pty substantially all of the risks and rewards of 0￿c[shIp of the financial ￿ OT ¢) the charity. de5pitr having retsined som¢, but not all. significant risks and rewards of OF￿￿Ship* tran8fortd ¢on¢rol of the gsset to a￿0th¢r party. Financial liabilitsu ar¢ du¢¢0￿18¢d only VAM the obknwion 1￿C￿fied in the is discbrf ¢wncelled or expire8. Page 11

Ponteland IAdies Choir Notes to the Financial Ststements for the Year Ended 31 August 2025 {a) The Contractu￿ r¢turn to th¢ holder is (i) a fixed (u) a w6itive fLxed rnte or a pNitiv¢ variable rate.. or (iii) a c4)tnbinatioD of a PDSitiv¢ or a Jxgative fixed rate and tt ￿ltiV¢ vwiabk rate. {b) The contrnct n)ay provide for rtpaymcnts of the prirKipd or the retrjrn to th¢ holder (but not knth) to be linked to 8 single relevant obsetvable index of general price infiation of the curr¢w in which the debt InstnwD¢nt is detM)minatryL provided such links are not lev¢ragNL (c) The cotttract may provide for 4 det¢nniDable varia￿￿ of th¢ r¢trllD to the holder th¢ life of the instnJmen¢ provided (i) tbe new tJte sa¢isfies condition (a) ￿mI the variation is not contingent on fv￿re ¢v¢nts other than (l) a ckn8e of a contractsthl v•riable ra. (2) ￿ proteth the holder a8ainst credit deterioration of the issuer. (3) chang¢5 in levies applied by & eentral bw]k OT arising from ch8nges itt r¢lev8nt tsxation or law. or {ii) th¢ new Tst¢ 18 4 tD8Tket rat¢ of int¢￿st and wisfi¢6 wndilion (a>. (d) There is ￿ WntraCts￿ pmVisi￿ that c(wld by its re￿t io the I￿lder Iw the principjl wnount or ally interest Attributable to thr aUT¢llt orpTior pttiod (el Contractual provisions that wit th¢ i&3uer lo prepay • debi IT￿tru￿t or pennit the holder to pul it back to the i58u¢r before maturity are not contin8eni on futyre ¢v¢nts. other than to protect the hold¢r agatnsi the credit deierioratiou of the issu¢r or A ¢hwe in control of the i&suer. or to protxt the holder or ismer winst ¢hanges (t) Contrac¢ual PTQViSiOnS w pennit the extension of the t¢rm of the debt instrumenl Wvided th4t the to the holder and any other twtradu41 provisions applicable durin8 the ¢xwKled rm sotisfy the ¢onditiort& or paragraphs (a) to Ic). Debi instrUM￿ts thot •r¢ c]assifiuJ a8 payable or receiv&ble ￿thin on¢ year on initial reco8nition and which meet the above conditions are Measu￿ #t the uThliscwnted aft￿l￿t Of the or other considerntith) expected to be paid or rtteiveAI. net of iinpi With the exceptson of some h¢d8in8 1nstrw￿t& th debt IMtrum￿ not nting theBe condition8 ar¢ measured at fair value throu8h profit or los& (which may be nil) less iD]pain Inv¢stsD¢DL5 in DCQ-COn7Krtible prefereDce nott-w￿bk (Ydilly or pr¢fereJKe shatt8 (wbert 8har¢s are pyblicly traded or their fair value is reliably measurnble) are Meas￿ at f¥ir value through profit or 108$. Investrnents in 8ubsidiari&8 and ￿￿K18t&S are Mcw[￿ at less inwairnL FOT illve5trn￿ in subsidiarics acquired for eonsideTation including the of slwes qu8b.fymg for relief. ¢ost is measurvj by Tef¢rnce to the ll0mll￿ vah]e of the 8lwes issu￿ plus fair value of other considerntion. Any premium is ignore Page 12

Ponteland Lgdles Choir Notes to the Financial Statements for the Year Ended 31 August 2025 Duivatives are initially T¢Wi$￿ at fair value at the dat¢ a tsivative conttttl is ent¢TryJ into and are subsequently rntasured to their fair valu¢ at each re￿￿]￿8 date. Th¢ rewliing gain or10&4 is reCO￿ls¢d in ststernetlt of financial ￿tIVitieS immethtsly unless the derivalive is arwl effective as a hed￿'ng instrumeni in which event the tsmin8 of the rtto8tiitiOn in stat¢meth of fuwicial ￿1VitieS depend5 on the natur¢ of the h¢dg¢ relationship. Folr valy¢ me4s4Treme•l The best evidenc¢ of fatr yah￿ 15 a qurted pric¢ for kn identical a55Ct in an active m￿cL Wh¢n qwted price8 are unavailable, the price of a rxent trwa¢tion for an idthtiel #Ssd provides evidence of fair y￿Ue as long 88 there h&$ not been a significant chan8e in etottomie circurns￿ or 4 Si8nificant lapse of tsm¢ since the trnnsttction took plaee. If the mjrket is not frtive and recent Irtnsactions of an Id￿tt￿L asset on their are not a 8ood ￿lM￿t of fair valu< th¢ flir is eytimated by usin8 a Val￿tion technique. 3 Income from dontlons nd legde4 runds Gen¢r41 Tot•1 fundy Donations and legaci Donations frnm ]￿livIth￿la 60 To¢al for 21125 60 TO1￿ for 2024 650 650 4 Eipendltsre on rAI fvDdB Urestricted dj GeDernl Tot*1 fuDd N•te Alli)r4ted Supp￿ Costs 8,706 8,706 TO¢￿ for 2025 8,7( 8,706 TO1￿ fDr 21)24 7.412 7,412 Pag¢ 13

Ponteland ￿1¢$ Choir Notes to the ThnaDcial Statements for the Year Ended 31 August 2025 5 Taxatio 6 C¥h •nd u•h ¢q￿valents 2•25 2024 C&sb at bonk 5.599 4,386 BAl￿ee at I Sepiemb¢r 2•24 B•l4Mee 1¢ 31 r¢wir¢a e4bended Allgu•¢ 2Q25 Unrtstrkted fun GeneT81 4.386 8.706 5.599 Sept¢tyb¢r 2023 IAcomlDg Re8ollrtt4 expend Blanct At 31 Au%us¢ 2024 Unrestrl¢ted 3.712 .412 4.386 8 A*#1y￿ of nel aHets belweell Unre1trk￿ T(trtAI I￿ndS at 31 Augus¢ 202S GeMerAI 5.599 5,599 Total fuDdJ at 31 Augu8t 2024 fwDd5 Gen¢r 4J86 4.386 Pa8e 14

Pontsl•nd Ladles Choir ststemettt of Thantixl ArtiVi￿8 by fund for the Yev Ended 31 August 2025 Unrestrieled Funds Tot*1 Totsl Unrestrtcted Uorestricted Futtdi 2025 2024 •nd E4dowrne•ts from: Donations and legacies Charttable activiti¢8 650 7,436 9.859 Total 9.919 8.086 Expetsdlture •)0: 7,412 Total expenditure 8,706 7,412 Net income 1213 674 1.213 674 RecotteUl8don of fund• Tothl funds brought forward Tothl funds Gutied forward 4.386 3,712 5.599 4.386 Page 15

Ponteland Ladies Choir Detailed Statement of FIDaneial Activities for the Year Ended 31 August 2025 Tot*1 2025 Totsl 2024 Ineohne #ttd Endowments from: rhTrnati¢)ns and 1¢8aci¢s (analy￿1 b¢low) Charitsble 4rtiviti¢s (a￿ b¢low) 650 7.436 9,859 Total income 9.919 8,086 Expelldlture o•: Raising funds (analysed below) Totsl expthiditure 8.706 7.412 8.706 7.412 income 1213 674 Nei movenwnt in funds 1,213 674 Reeonclllatlon of fllndi Total fimds brought forward 4J86 3.712 Totsl bjnds caTriryJ f(Kwurd 5.599 4.386 Page 16

PontelaDd IAdi¢s Cbotr Detailtd Stlternent of Mn2ncial Athities for the Year Ended 31 Avgujt 2025 Total 2025 Tot41 2024 App¢als and dot)atiorn8 650 650 M¢mbcrnhip Fee8 Concert Income 5,625 2,897 1,337 4,835 2,526 75 Rent Inswance Concert Expen8¢8 Trade subs￿lPti0￿l Sundry cxpens Accountancy ftts Musical Direction Musi¢ (1.4Wd) 1199) (336) (53) (294) (250) (4.675) 1,451 {1.190) (183) (225) (53) {212) 14,060) 1.489 8,706 7.412 Pa8e 17