CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From: 1 Sep 2020
To: 31 Aug 2021
Period start date
Period end date
Charity name: Bristol Cathedral Choral Foundation
Charity registration number: 270373
Objectives and Activities
SORP ref8rence
Summary of the purposes of
the charity as sel out in its
governing document
Para 1.17
As a matter of policy, grants are currently
made only to the Dean and Chapter of Bristol
to support the Choristers and the Choral
Tradition.
The Foundation receives donations from
individuals and organisations and invest them
in order to pay grants to cover the costs of the
Choristers and other costs relating to the choir
and the Cathedral.
Summary of the main
activities in relalion to those
purpos8s for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17and
1.19
Statement confirming
whether the trustees have
had regard to the guidan
issued by the Charily
Commission on public
benefit
Para 1.18
The Trustees have complied with their duty to
have due regard to the Charity Commission's
public benefit guidance when exercising any
powers or duties to which the guidance is
relevant.
Additional information loptional}
You ma
choose to include further statements where relevant aboul..
8ORP reference
As a matter of policy, grants are currently
made only to the Dean and Chapter of Bristol
to support the Choristers and the Choral
Tradition.
Policy on grant making
Pard 1.38
Policy on social investment
including program related
investment
P8ra 1.38
Contribution made by
volunteers
Para 1.38
Other

Achievements and Performance
SORP reference
Summary of the main
achievements of the charity,
identifying Ihe difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
The Foundation receives donations from
individuals and organi5ation5 and invests it in
order to pay grants to cover the costs of the
Choristers and other costs relating to the choir
and the Cathedral.
Para 1.20
Additional information (optionall
You ma
choose to include further statements where relevanl about:
Achiev6menls against
objectives set
Para 1.41
Performance offundraising
activilies against objectives
set
Para 1.41
Investmeni performance
against objectives
Para 1.41
Other

Financial Review
Review of the charity's
financial position at the end
of the
eriod
Statement 8xplaining the
policy for holding reserves
stating why they are held
Para 1.21
The Charity had net receipts of £11,196 during
the year.
Para 1.22
The Trustees aim to maintain reserves at a
level which, taking into account anticipated
future income, will match the requirement for
grants in the future.
The Charity held reserves of £1,559,660 at the
year end.
Nla
Amount of reserves held
Para 1.22
Reasons for holding zero
reserves
Details of fund materially in
deficit
Explanation of any
uncertainties about the
charily continuing as a going
concern
Para 1.22
Para 1.24
None
P8r8 1.23
Nla
Additional information {optional)
You ma
hoase to include further slalements where relevant about..
The charity s principal
The charity receives funds from individuals and
sources of funds (including
organisations with a specific interest in choral
any fundraising)
worship.
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Investments are currently only made with the
Central Board of Finance of the Church of
England Funds. Investments are allocated so
as to continue the support of grants which
allowing some growth.
The key risk to the Charity is the inability to pav
grant5 as it has in the past. Grants to Dean and
Chapter are made on an annual ba515 in
accordance with an agreed schedule. The only
significant underlying cause of this risk would
be a significant reduction in investment
returns. The Charity invests mainly in the
investment fund of the Central Board of
Finance of the Church of England Funds,
sharing risks with many Church of England
organisations. The fund has consistently paid
increasing or at worst flat distributions that
have supported our grants.
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Olher

Structure, Governance and Management
Description of charity s
trusts..
Type of governing document
Para 1.25
Declaration of Trust dated 6 October 1975
How is the charity
constituted?
jL.g LllliiityorporTrled
associalioii. CIO)
Trustee selection methods
including details of any
constitutional provisions e.g.
election lo post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25
Trust
Para 1.25
The power to appoint Trustee5 is set out in the
Deed of Trust. The Trustee5 seek to appoint
new trustees who bring required skill and
experience to the trustee body.
Additional inform*ion (optional)
You ma
choose to include further ststemenls where relevant about..
Policies and procedures
The Trustees review annually key contro15 to
adopted for the induction
mitigate risks identified related to investments
and training of trustees
(specifically the balance between sustainable
income and capital growthl and expenditure.
The Trust is set up to support Choral Worship
in the Cathedral. It does this as a matter of
policy by providing funds to cover the costs of
the Choristers a5 members of the choir, along
with ancillary costs as required. Because of the
nature of it5 work, the Trustees work closely
with the Dean and Chapter. Current Trustees
include the Dean and Precentor o* the
Cathedral.
The only related party is the Dean and Chapter
of Bristol Cathedral.
Para 1.51
The charity s organisational
structure and any wider
network with which Ihe
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other
Reference and Administrative details
Charit
name
Other name the charit
uses
istered charit
number
Charity's principal address
Bristol Cathedral Choral Foundation
270373
Bristol Cathedral, BS1 5TJ

Names of the charity trustees who manage the charity
Dates acted If not for whole
ar
Trustee name
Office lif any)
Name of pèr$on lor body) entltled
toa
olnt trustee
ifan
Richard Bacon
Chairman
The Revd Canon
Nicola Stanley
(Canon Pastor)
Mark Lee
Sarah Jenkinson
Christina Gor2kiewicz
Secretary
Paul Dyke
John Davenport
David Torpy
Jeremy Srokosz
Treasurer
The Very Revd Dr
Mandy Ford (Dean of
Bristol)
From January 2021
10
11
12
13
14
15
16
17
18
19
20
Cor
orate trustees - names of the directors at the date the re ort was a
Dlrector name
roved
Name of trustees holding title to propety belonging lo the charity
Trustge namg
Datès actod If not for whole
ar

Funds held as custodian trustees on behalf of others
Description of the assets
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 objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity's own
assets
Additional information {optional)
Names and addresses of advisers (Optional Informatlon)
Type of
Name
Address
adviser
Name of chief executive or names of senior staff members {Optional information}
Exemptions from disclosure
Reason for non-disclosure of ke
ersonnel details
Other o
tional information

Declarations
The trustees dèclare that they have approved the trustees, report above.
Slgned on behalf of the charity's trustees
Signature(s)
Full name(s)
Positlon leg Sacretary,
Chair, etG}
cdtkn L
Date
JufrJ& Ic)trL

CHARITY COMMISSION
FOR ENGLAND AND WALES
Brf5tol Cathedral choral Foundatlon
270373
Receipts and payments accounts
CC16a
For the perlod
from
01-SeF20
To
31-Aug-21
Section A Receipts and payments
Unr85tri¢ted
funds
to the ￿areSt
R•strlcted
funds
Endowment
funds
Totsl funds
Last year
to th• ￿ta￿￿te
tothe nearest£
to the nearest£
to tho noar06t t
A1 Rèc•lptS
Lega¢y
Irweslmenl income
5,000
39,753
330
s,000
39.753
330
38,664
33Q
Cworalg donaliong
Royalues
689
589
615
Sub total (Gross inwmg for
AR)
45,671
45,671
39,609
A2 Asset and Invastment sales,
(see table}.
Sub total
Total receiTPts
45,671
45.671
39,609
A3Pa
ments
Gran19
Admln
29,391
29,391
24,035
60
Sub total
29A75
29,475
24,095
A4 Asset and Investment
purchase5,
See table)
CBF In¥estrthni Fund Shares
5,000
4000
Sub total
5,000
3.000
Total payments
34,475
34A75
24,095
Not of recelpts/(payments)
AS Transfèrs bètwèen *unds
A6 Cash funds last year end
Cash funds this year end
11,196
11,196
15,514
40,501
51,697
40,501
51.697
24,987
40,501
CCXX R1 a¢¢ounts ISSI
ow08￿022

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
Restri¢tèd
funds
to nearest e
Endowment
funds
Categories
Detai15
to n?arg¥t£
to Iloarést £
B1 Cash funds
CAF 88nk
7.993
CBF D8rM)s11 Fund
43.705
Total cash funds
51,697
{agw baipAKesvAlh p3ymèrrts
nK
Unrestrlctèd
fund$
c,li
Restricted
funds
to nearest £
Endowmertt
funds
to nearest £
Details
CBF Irwesimenl Fund
¢0 n8arest£
1,448,655
B2 Other monetary as$gts
CBF Property Fund
59,308
FLsnd to whlch
asset bFIo
Currènt valu
Detalls
Co8tlopUonall
B3 Investment assets
Fund to which
assgt btrlon
Details
costloplonall
Current vaJu8
B4 Assets retained for thg
charitrfs own use
ni-
Fund to whlch
relats8
knount due
ilonal
When due
tlonal
Details
BS Liabilities
s￿J￿e￿ by one or tyvo trustees on
behalf of all the trustee$
Date of
roval
Signature
Print Name
RICHARD BACON
CCXX R2 acwunts Issi
oe10612022

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