2022-06-30-accounts - Croydon Philharmonic Society

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Croydon Philharmonic Socie

Report and Accounts for the year ended

Thursday, June 30, 202

Registered Charity Number: 21

ety Choir 22 .3084

Officers & Committee of Croydon Philharmonic Society Choir

President

Crispian Steele-Perkins

Patron

The Bishop of Croydon, the Rt. Revd. Jonathan Clark

Vice-Presidents

Erica Elof Ian le Grice Councillor Sherwan Chowdhury, Mayor of Croydon

Music Director

David Gibson

Committee (Trustee) Members

Chair

Jane Castle

Secretary Jane Castle

Ticket Secretary Rosemary Stone

Treasurer Martin Day

Concert Secretary

Lisa Kirk

Membership Secretary Katharina Kreissig

Librarian Sarah Rutter

Publicity Co-ordinator Katrina Keel

Media Lead Peter Gillman

Other Elected Committee Members

Suzanne Francis

Croydon Philharmonic Society Choir Report of the Committee

The committee present their report and Accounts for the year ended 30 June 2022

Principal Activities

Status

The Society is a registered charity, number 213084

Review of the Business

bring the two choirs together,

Burana concert, where we did not manage to attract the audience we had hoped for.

only, but invited donations from those who felt so moved. A good response helped the finances co

yet to decide how it should be used to sustain and develop choral singing in the Croydon area.

Overall, 2021-22 was an expensive year for the Society. 1922-23 should not be so demanding on t consider how to ensure the future financial stability of the Society.

Committee Members

The full list of current Committee members is detailed on page 2 of this document.

Independent Examiner

continue in office.

This report and the attached accounts are presented for approval by the Committee at their meeti

Jane Castle Martin

Report of the Independent Examiner to the Members of The Croydon Philharmonic Society Choir

I report on the Accounts of the Society for the year ended 30th June 2022

Respective Responsibilities of the Trustees and Examiner

As a charity, you are responsible for the preparation of the accounts: you consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the general directions given by the Charity Commission (under Section 43(7) (b) of the Act) whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

My examination was carried out in accordance with general directions given by the Charity Commissioners. 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 the committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit , and consequently I do not express an audit opinion on the accounts.

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 charity has not met the requirements: to ensure:-

Accounting records are kept in accordance with section 41 of the Act; and
Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act

(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

###

Liam Kelly Leemook Accounting 29, Errington Road, Picket Piece, Andover, SP11 6XF

Croydon Philharmonic Society Choir

Statement of financial activities for the year ended 30 June 2022

General fund Note Incoming funds: Subscriptions 2 (including Gift Aid tax credit) Interest & dividends 3 Net Fund Raising Income & Donations 4 Total incoming resources Outgoing expenditure: Hire of church for rehearsals Conductor's Fees Accompanist's fees General printing & publicity Insurance expenses Independent Examiner's fee Sundry expenses Net cost of Workshop event Total outgoing expenditure Surplus of income over expenditure Defcit on concerts for the year Change in value in stock of gifts, folders etc Overall net surplus/(defcit)for the year General Fund brought forward Transfer to Reserve Fund General Fund carried forward	2022 £ unrestricted funds 9,516 7,786 6,831 24,133 2,148 6,701 4,461 85 239 500 861 650 15,645 8,488 (16,385) (167) (8,064) 57,079 49,015	2021 £ unrestricted funds 10,991 7,054 0
		18,045
		0 4,770 461 296 240 500 1,059 0
		7,326
		10,719 0
		0 10,719 46,360
		57,079

Croydon Philharmonic Society Choir

Statement of assets and liabilities for the year ended 30 June 2020

Note Fixed assets Investments 5 Current assets Debtors, prepayments & stock 6 Cash at bank and in hand 7 Creditors and accruals 8 Net current assets Financed by: General Fund 9 Reserve Fund 10	2022 2021 £ £ £ £ unrestricted funds unrestricted funds 163,391 173,943 163,391 173,943 2,354 3,259 47,398 54,320 49,752 57,623 737 500 49,015 57,079 212,406 231,022 49,015 57,079 163,391 173,943 212,406 231,022	2021 £ unrestricted funds 173,943

		231,022
		57,079 173,943
		231,022

the accompanying accounting policies and notes form an integral part of these financial accounts

Notes to the Accounts for the year to 30 June 2022

1 Accounting policies

The financial statements have been prepared in accordance with applicable accounting standards, and follow the recommendations in the Statement of Recommended Practice 'Accounting and Reporting by Charities', revised in October 2005. They have been prepared under the historic cost convention except that investments are valued at market value.

Unrealised gains and losses on investments for the period are calculated by reference to the market value of the investments held at the year end.

____________________ £ £ 2 Subscriptions breakdown Subscriptions paid 7,903 Tax Credit on Gift Aided subscriptions 1,613 __________________ 3 Interest and dividends breakdown: £ £ Bank interest 16 Dividends: M & G Charifund 6,614 CAF 12-month account 63 IFSL CAF Fixed interest B Income Fund 1,093 Total dividend income 7,770 __________________ 4 Fund raising income & donations breakdown: £ Legacy 5,661 General Donations 840 Gift Aid on donations 188 Sale of folders, badges etc 106 Sale of mulled wine 36 __________________ 5 Investments 2022 £ £ cost market value M & G Charifund 114,773 127,571 IM CAF Fixed interest Fund 39,682 35,820 154,455 163,391 Reconciliation of movement in market value of investments Investments at market value as at 1 July 2021 Investments at market value as at 30 June 2022 Surplus/(Defcit) on revaluation	_____ £ 9,516 £ 7,786 6,831 2021 £ cost 114,773 39,682 154,455	£ market value 131,573 42,370
		173,943
		173,943 (10,552)
		163,391

6 Debtors, prepayments & stock HMRC - Gift Aid payment Stock of music folders Stock of pin badges magnet badges magnets ___________ 7 Cash at bank and in hand CAF Cash Account CAF Gold Account CAF Fixed Interest Fund B (0.30%) ___________ 8 Creditors and accruals Independent Examiner fee Croydon Male Voice Choir ___________ 9 General Fund As at 1 July at start of year Surplus/(Defcit)for the year As at 30 June end of year	£ _____ £ £3,268 £24,130 £20,000 _____ £ £500 £237 _____ 2022 £ 57,079 (8,064) 49,015	£ £1,793 £245 £120 £172 £24 £2,354 £ £47,398 £737	£ 2021 £ 46,360 10,719
			57,079

This is an unrestricted fund for the general use of the Society

___________ 10 Reserve Fund As at 1 July start of year Surplus/(Defcit) on investment revaluation As at 30 June end year	_____ 2022 £ 173,943 (10,552) 163,391	2021 £ 152,499 21,444
		173,943

The Reserve Fund is an unrestricted fund for the general use of the Society. It is invested with the long-term objective of providing income whilst seeking to maintain the value of the capital in real terms. Any transfers from the Resrve Fund can only be approved by a two-thirds majority of members attending an Extraordinary General Meeting called for this purpose.

Croydon Philharmonic Society Choir

Concert Receipts and Payments for the year ended 30 June 2022

Receipts: Ticket sales less: Box ofce commission Net receipts from ticket sales Donation for specifc concert Programme sales less: Cost of programmes Total net receipts Payments: Hire of venue and facilities Orchestra and Accompanist fees Conductor's fees Soloists' fees Hire of Instruments Performing Rights & Orchestra Scores Hire/sale of music scores (net of receipts) Printing and publicity Charity donation Hire of transport (net) Contribution to promoters' costs Total Payments (Defcit) on concerts for the year	2022 £ 6,138 6,138 490 814 357 457 7,085 700 10,563 4,945 2,730 1,554 1,436 103 881 0 166 392 23,470 (16,385)	2021 £ 0
		0
		0 0
		0

		0
		0 0 0 0 0 0 0 0 0 0
		0

		0

See page 10 for breakdown

Croydon Philharmonic Society Choir Concert Receipts and Payments Account breakdown for the year ended 30 June 2022

14 November 2021 *Basingstoke* *Choral Gems* £	18 December 2 April 26 April 18 June 2021 2022 2022 2022 *Christmas* *Carmina Burana* *Choral Gems* *Together* £ £ £ £ 3,583 886 1,669 490 597 217 (233) (124) 364 0 93 *London* *Mozart* *Players* *St Matthews* *Festival* *with Croydon* *Male Voice* *Choir*	18 December 2 April 26 April 18 June 2021 2022 2022 2022 *Christmas* *Carmina Burana* *Choral Gems* *Together* £ £ £ £ 3,583 886 1,669 490 597 217 (233) (124) 364 0 93 *London* *Mozart* *Players* *St Matthews* *Festival* *with Croydon* *Male Voice* *Choir*
		364 0 93

0	0	4,437 886 1,762
	1,183 155	700 10,263 300 1,183 1,183 600 2,150 580 1,554 1,436 30 149 666 215 237
886	1,338	17,282 1,763 2,201
(886)	(1,338)	(12,845) (877) (439)