## **Croydon Philharmonic Society Choir**
## **Report and Accounts**
## **for the year ended**
**Sunday, June 30, 2024**
**Registered Charity Number: 213084**
## **Officers & Committee of Croydon Philharmonic Society Choir**
## **President**
Crispian Steele-Perkins
## **Vice-Presidents**
Erica Eloff Ian le Grice
## **Music Director**
David Gibson
## **Committee (Trustee) Members**
## **Chair**
Sheila Reed
## **Secretary**
Jean Murphy and Sarah Gordon to 17 October 2023, then Jean Murphy and Elizabeth Baigent
**Ticket Secretary** Rosemary Stone
**Treasurer** Martin Day
## **Concert Secretary**
Lisa Kirk
**Membership Secretary** Katharina Kreissig
**Publicity Co-ordinator** Katrina Keel
**Media Lead** Peter Gillman
2
## **Croydon Philharmonic Society Choir Report of the Committee**
The committee present their report and Accounts for the year ended 30 June 2024
## **Principal Activities**
The Society's principal activity during the year continued to be the study and public performance of choral music.
## **Status**
The Society is a registered charity, number 213084
## **Review of the Business**
This year the Choir presented 4 concerts, as well as joining in a Christmas concert mounted by the London Mozart Players at the Fairfield Hall. The most substantial offering was the Saint-Saens Requiem, performed together with Basingstoke Choral Society and with the Docklands Sinfonia at the Fairfield Hall in April. The concerts were all of high standard, but the audiences were disappointing. The effect was that the April concert lost the Choir about £15,000, and none of the others covered their costs. The choir normally expects to have to pay money to mount big concerts, but the scale of losses this year were a cause for concern.
Some time ago the Choir was left a bequest from the founder, Alan Kirby, with the expressed hope that it would be used to promote choral singing in the Croydon area. The Committee decided to devote some of this money to offering workshops where people could experience and learn to enjoy choral singing. The first such workshop was held in February and proved very enjoyable, but only attracted a relatively small number of people from outside the choir. The Committee will continue to look for ways of using this legacy for the stated purpose.
Overall, the Choir's General Fund was down by a little over £6,000 this year. This was disappointing but survivable, but shows clearly that we need to find ways of reaching out to a wider audience. Tthis is important for the finances but even more iimportant to enable the choir to feel supported and encouraged by the reaction of their listeners.
## **Committee Members**
The full list of current Committee members is detailed on page 2 of this document.
## **Independent Examiner**
Mr Liam Kelly was appointed as Independent Examiner at the Annual General Meeting in October 2023, and hopefully will be willing to continue in office.
This report and the attached accounts are presented for approval at the Annual General Meeting on 15 October 2024.
**Sheila Reed Martin Day Chair Treasurer**
**3**
## **This page to be updated once examination is complete**
## **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 2024
## **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.
**----- Start of picture text -----**
10th October 2024
**----- End of picture text -----**
Liam Kelly Leemook Accounting
29, Errington Road, Picket Piece, Andover, SP11 6XF
4
## **Croydon Philharmonic Society Choir**
## **Statement of financial activities for the year ended 30 June 2024**
|**General fund**
Note
**Incoming funds:**
Subscriptions
2
(including Gift Aid tax credit)
Interest & dividends
3
Net Fund Raising & Donations
4
Donations to pass on
Legacies
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
Donations
Net cost of Workshop event
Total outgoing expenditure
**Surplus of income over expenditure**
**Deficit on concerts for the year**
**Change in value in stock of gifts, folders etc**
**Overall net surplus/(deficit)for the year**
General Fund brought forward
Transfer to Reserve Fund
**General Fund carried forward**|**2024**
£
unrestricted funds
**18,311**
**11,644**
**51**
**513**
**8,000**
**38,519**
**3,010**
**7,790**
**4,212**
**977**
**94**
**500**
**1,005**
**2,763**
**1,179**
**21,530**
**16,989**
**(23,350)**
**40**
**(6,321)**
**54,119**
**0**
**47,798**|**2023**
£
unrestricted funds
**15,353**
**9,661**
**571**
**0**
**115,008**|
|---|---|---|
|||**140,593**|
|||**2,975**
**7,503**
**4,465**
**461**
**90**
**500**
**795**
**0**
**0**|
|||**16,789**|
|||**123,804**
**(3,660)**|
|||**-40**
**120,104**
**49,015**
**-115,000**|
|||**54,119**|
5
## **Croydon Philharmonic Society Choir**
## **Statement of assets and liabilities for the year ended 30 June 2024**
|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|**2024**
**2023**
£
£
£
£
unrestricted funds
unrestricted funds
**130,284**
**153,730**
**130,284**
**153,730**
**8,200**
**3,417**
**194,900**
**170,671**
**203,100**
**174,088**
**6,359**
**4,969**
**196,741**
**169,119**
**327,026**
**322,849**
**47,798**
**54,119**
**279,228**
**268,730**
**327,026**
**322,849**|**2024**
**2023**
£
£
£
£
unrestricted funds
unrestricted funds
**130,284**
**153,730**
**130,284**
**153,730**
**8,200**
**3,417**
**194,900**
**170,671**
**203,100**
**174,088**
**6,359**
**4,969**
**196,741**
**169,119**
**327,026**
**322,849**
**47,798**
**54,119**
**279,228**
**268,730**
**327,026**
**322,849**|
|---|---|---|
||||
|||**322,849**|
|||**54,119**
**268,730**|
|||**322,849**|
the accompanying accounting policies and notes form an integral part of these financial accounts
6
**0**
## **Notes to the Accounts for the year to 30 June 2024**
## **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
14968
Tax Credit on Gift Aided subscriptions
3,343
**__________________________________________________________________________**
**3 Interest and dividends breakdown:**
£
£
Bank interest
4,074
Dividends:
M & G Charifund
7,430
CAF 12-month account
140
Total dividend income
7,570
**__________________________________________________________________________**
**4 Fund raising income & donations breakdown:**
£
Donations
0
Legacy
8,000
Sale of folders, badges etc
52
**__________________________________________________________________________**
**5 Investments**
**2024**
**£**
**£**
cost
market
value
M & G Charifund
114,773
130,284
IFSL CAF Fixed interest B Income Fund
0
0
114,773
130,284
**Reconciliation of movement in market value of investments**
Investments at market value as at 1 July 2023
Surplus/(Deficit) on revaluation of M&G
Surplus/(Deficit) on revaluation of IFSL
Transfer to CAF Gold
Investments at market value as at 30 June 2024|**___________________________________**
£
**18,311**
**____________________________**
£
**11,644**
**____________________________**
**8,052**
**____________________________**
**2023**
£
£
cost
market
value
114,773
120,700
39,682
33,030
154,455
153,730
153,730
9,584
914
(33,944)
130,284|
|---|---|
7
|£
**6 Debtors, prepayments & stock**
HMRC - Gift Aid
Other debtors
Stock of music folders etc
Prepayments for workshops|£
£
3,013
4,345
562
280
**8,200**|
|---|---|
|**________________________________________________________________**
£
**7 Cash at bank and in hand**
CAF Cash Account
1,998
CAF Gold Account
172,902
CAF 60 Day Notice Account Issue 4
20,000|**____________________________________**
£
**194,900**|
|---|---|
|**________________________________________________________________**
£
**8 Creditors and accruals**
Independent Examiner fee
500
Other creditors
5,859|**____________________________________**
6,359|
|---|---|
**____________________________________________________________________________________________________**
|**9 General Fund**
As at 1 July at start of year
Surplus/(Deficit)for the year
Transfer in (out)
As at 30 June end of year|**2024**
£
54,119
(6,321)
0
47,798|**2023**
£
49,015
120,104
(115,000)|
|---|---|---|
|||54,119|
This is an unrestricted fund for the general use of the Society
**____________________________________________________________________________________________________**
|**10 Reserve Fund**
As at 1 July start of year
Surplus/(Deficit) on investment revaluation
Transfer in (out)
As at 30 June end year|**2024**
**£**
268,730
10,498
0
279,228|**2023**
**£**
163,391
(9,661)
115,000|
|---|---|---|
|||268,730|
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.
8
## **Croydon Philharmonic Society Choir**
## **Concert Receipts and Payments for the year ended 30 June 2024**
|Receipts:
Net receipts from tcket sales
Donaton for specifc concert
Programme sales
less: Cost of programmes
Total net receipts
Payments:
Hire of venue and facilites
Orchestra and Accompanist fees
Conductor's fees
Soloists' fees
Hire of Instruments
Performing Rights & Orchestra Scores
Hire/sale of music scores (net of receipts)
Printng and publicity
Contributon to promoters' costs
Refreshments
Total Payments
(Defcit) on concerts for the year|2024
£
12,953
8
1,062
(439)
623
13,584
5,968
16,839
5,572
6,174
434
762
(534)
1,389
0
330
36,934
(23,350)|2023
£
4,216
0
270
(135)|
|---|---|---|
|||135|
||||
|||4,351|
|||850
0
3,448
1,757
0
32
(40)
813
1,000
151|
|||8,011|
||||
|||(3,660)|
See page 10 for breakdown
9
## **Croydon Philharmonic Society Choir Concert Receipts and Payments Account breakdown for the year ended 30 June 2024**
||18 November|December|13 April|22 June|
|---|---|---|---|---|
||2023|2023|2024|2024|
||Fun and|Christmas|||
||Fireworks|concerts|April in Fairfield|Night and Day|
||£|£|£|£|
|Receipts:|||||
|Ticket sales|2,458|2,187|6,148|2,160|
|Donatons|||8||
|Programme sales|249||714|99|
|less: Cost of programmes|(142)|(79)|(188)|(30)|
|Net Surplus/(Defcit) from programmes|107|(79)|526|69|
||||||
|Total net receipts|2,565|2,108|6,682|2,229|
|Payments:|||||
|Hire of venue and facilites|380|385|4,681|522|
|Orchestra and Accompanist fees|3,702||12,735|402|
|Conductor's fees|1,393|1,393|1,393|1,393|
|Soloists' fees|2,250|703|2,646|575|
|Hire of Instruments|434||||
|Performing Rights & Orchestra Scores|737||25||
|Hire/sale of music scores (net of receipts|(145)|(373)|129|(144)|
|Printng and publicity|248|140|1,002||
|Charity donaton|||||
|Hire of transport (net)|||||
|Contributon to promoters' costs|||||
|Refreshments|145|184|||
|Total Payments|9,144|2,432|22,611|2,748|
|Surplus/(Defcit) on concert|(6,579)|(324)|(15,929)|(519)|
10