Annual Report 2024
Registered Charity Name: The Trust for Sing for Pleasure Charity Registration Number: 270384 Principal Office: c/o Bolton Music Service Meer Hall, Meerhall Street Bolton BL1 2QT Trustees: Miles Wallis-Clarke (Chair) Lynda Parker Katharine Pinfold David Jones Jane Hampson Catherine Beddison Jason Ching Nic Chalmers Accountant: Ian Hampson
Management Team:
Paul Cutts CEO (until July 2024) Imelda Shirley Head of Learning Jennifer O’Neill Head of Finances Ula Weber Head of Programme And Management Team Convenor (from October 2024) Don Gillthorpe Head of Publications Katy Cooper Head of Marketing
The Management Team had a couple of changes in 2024:
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Paul Cutts was left the role of CEO to take up the post of CEO at Temple Church Trust.
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Ula Weber took on the role of Management Team Convenor in October 2024
The Board held formal meetings on:
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4[th] March in London
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28[th] May
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3[rd] June
• 9[th] September
- A summer School was held at Keele University. There were weekend courses in London, Bromsgrove and Manchester and a 4 day course in Glasgow. A major Diamond Jubilee Conference was held in Manchester in November to celebrate the 60[th] anniversary of Sing for Pleasure – this was a national gathering of choir leaders, singers, and educators with a vast range of workshops led by 25 workshop leaders and speakers.
Aims of Sing for Pleasure
Sing for Pleasure champions the transformative power of the human voice. We foster high-quality singing in schools and choirs, provide unrivalled training for conductors, teachers and vocal leaders, work in community and healthcare settings, publish outstanding choral resources and commission new music. Everyone who recognises the life-changing joy of singing has a home with us - regardless of their skills or background.
Principle Funding Sources
Membership fees and income from events and publications provide income to the charity. A grant of £30,000 was awarded by the Foyle Foundation towards core costs – particularly the role of head of Programme.
Owen McNeir, Director of Sixth Voice Consultancy worked with the Management Team and Trustees to develop a comprehensive and robust fundraising strategy which will guide us through the next few years. Funding remains a top priority for the future viability of the organisation.
Investment and Reserves Policy
The charity has a small amount invested in a Charity Equity. The Trustees ensure that there are sufficient reserves to meet the needs of the charity – experience during the Covid pandemic prompted us to review reserves.
Links with A Coeur Joie
Links with A Coeur Joie Internationale continue.
Miles Wallis-Clarke
Chair of the Board of Trustees
July 2025
The Management Team reports presented at the AGM are attached as an appendix as they provide more details on the activities of Sing for Pleasure during 2024.
Apologies for Absence
Trustees, management Members: and staff:
Stephen Gregson Cathy Roberts Daniel Felipe Rodriguez Tijaro Sioned Foulkes Yvonne Renouf Susan Hollingworth Kate Trett Elaine Lowe Penny Morton
Lynda Parker Sarah Tenant-Flowers Jason Ching Mark Jordan Carolyn Muggleton Hilary Griffiths
Jill Brown Clare Coleman Susan Cox Sioned Foulkes Tony Harvey Judy Preece Georgina Biddle Louisa Denby
FY24 Income Summary
Total Income: £229.4k
Main Income Sources:
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Events Sales: £133k
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- Shop Sales: £18.1k
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Memberships: £15.6k
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- Grants: £30.2k
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£30k Foyle Foundation
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£0.2k Hull City Council
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Fundraising: £30.1k
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£6.4k Member Donations = Bursary Funds
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£4.3k £60 for 60 Campaign, Twelve Trees Publication
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- £19.4k transfer to general account
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Other Income: £2.2k
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Library rentals, copyright income, interest on savings
FY24 Expenditure Summary
Total Expenditure: (£229.6k)
Breakdown:
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Events Costs: (£137.6k)
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- Shop Costs: (£13.1k) - £9.7k Products/Publication Creation
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- £3.4k Postage/Carriage/Fees
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- Admin/Overheads: (£45.9k) - Management costs, Marketing, Website, Sundry Expenses
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- Designated funds allocated: (£34.5k) - £15.1k Bursaries
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£19.4k Head of Programme
Other FY24 Funds:
- Investment income: +£1.5k
Financial History- FY20 to FY24 £250 0 £2(X) j £150 £1 £50 2020 2021 2(Y22 2023 2024 IrKome *ExperKliture Pleasure
Surplus/Deficit & Reserves
FY24 Surplus/Deficit: (£0.2k)
General Reserves: £150k Net Current Assets: £165.8k - Cash: £123.3k - Restricted Reserves: £15.8k Stock: £33.6k - - £5.2k Investments: £21.6k Bursary Fund: - - £10.6k £4.3k Head of Programme Fund: Debtors/prepayments: - Liabilities: (£17k)
Summary
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Income & spending balanced responsibly
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Reserves are healthy
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Future outlook is cautious but proactive
Any Questions?
finance@singforpleasure.org.uk
Personal Giving Suggested monthly amount Purpo80 Benefits eekend Bursary upporter To offer bursaries to eligible indlvtduals attending the weekends, such as teachers, community choir leaders, professionals in social prescrfblng, and pr(Mnlsing young conductors. Vlsit to one of the Sing for Pleasure weak8nd8 (London, Bromsgrove, Manchester, Inv8mess) Monthly newsletter £10 Visit to Surner School to see the course in action hosted by a trustee or member of the manag8m8nt tsam - induding a concert and the SIP AGM Monthly newsletter ummer Bursary upportar £30 To provlde a bursary for someone meetlng the criteria for Summer School To contrlbute to an aspect of the charity. E.g. Publications Conductor Tralning Events An annual conversation with the most approprfata member of the management team Invitation to SS recepts'on hosted by Chalr of Trust888 Copi88 of new publications Monthly newsletter Benefactor £50 Invitation to the Manchester weekend hosted by a Trustee to meet the scholar at the beginning of their programme Invitation to Summer School to meet the scholar and discuss their progress Reception hosted by the Chair of Trustees Attend SS concert Monthly newsletter cholarshlp Benefactor To fully fund 8 Young Conductor Scholarshlp - a tsllored year4ong wogramme designed for tslented young musicians aged 18-25. £250 These examples can be adjusted to matth a supporterfs speofic interests in SIP, or the financial commitrnent they wish to make Pleasure
2024 Events
Conducting Course Numbers
London and Bromsgrove Weekends - Dramatic increases in participant numbers, partly due (in Bromsgrove) to a new singers course.
Manchester Weekend - Decline in participant numbers due to the Diamond Jubilee Conference happening in the same month.
4-Day Course in Glasgow and Summer School were similar to previous years.
New trend emerging - people booking very late
Other Activity
Attendance at Music and Drama EXPO and MTA Conference
Workshops and training courses for Tenebrae , Magdelene College School , Oxford and Newcastle Sings .
Diamond Jubilee Activity
Diamond Cuts & Diamond Heritage - Videos, stories, letters and other memorabilia from SfP members past and present.
SfP60 Gin - Specially bottled by The Great Glen Distillery by Loch Ness.
Commissioned music:
- Katy Lavinia Cooper and Suzzie Vango (more in Don's presentation)
Anniversary Dinner - SS24
Diamond Jubilee Activity
Stoller Hall, November 2024
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The Big Diamond Sing! - Hundreds of local primary school children singing together, accompanied by live band. Recorded songs for future use.
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Diamond Jubilee Conference - National gathering of choir leaders, singers, and educators. Vast range of workshops led by 25 workshop leaders and speakers.
What Else?
Redbridge Music Service VLTP - For music service staff and local teachers, starting September 2025
Partnership with the Royal School of Church Music - Training for church musicians and church choir leaders, spring 2026 (led by Don Gillthorpe)
Scottish expansion:
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Glasgow 4-Day Courses
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2nd Inverness Weekend with Gaelic singing course, April 25 & 26
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"Echo In The Glen” choirs festival - Feb 28
For more information about these and other courses, visit www.singforpleasure.org.uk
Any Questions?
events@singforpleasure.org.uk
Publications 2024
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Twelve Trees (Katy Lavinia Cooper)
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A large-scale work for choir with flexible accompaniment options, including full orchestra.
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Commissioned for the SfP sixtieth anniversary and premiered at Summer School 2024.
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Multiple further performances across the UK.
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Print publication and digital download.
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When I sing with You (Suzzie Vango)
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Available in two formats: three-part flexible and SATB.
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Commissioned for the SfP sixtieth anniversary and premiered at the Conference in Manchester.
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Digital download.
Marketing and Communications
2024 team members (and current)
Katy Cooper – Head of Marketing Shivani Rattan, then Adam Hilton – Marketing and Communications Assistant Carol Porter – Technology Lead Hilary Bremner – Vocalise Assistant Editor
Dan Salisbury – Website
We look after:
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Social Media/Marketing
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Member Communications
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Website (including shop and events, bursary and YCS applications)
Marketing and Communications
Social media: 2024 continued growth in page/post reach and engagement. Facebook – 4.1k followers, Twitter 4.18k, Instagram 1.4k
Other marketing – press releases, ads in printed magazines, digital ads on websites and platforms, recipricol advertising with other organisations
Our biggest asset is you – word of mouth
Marketing and Communications
Member and newsletter communications
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E-comms: Monthly newsletter to mailing list subscribers: 1617 at end of 2024 (via Active Campaign)
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Member emails for member-only offers, news etc.
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Vocalise – we didn’t issue an edition of Vocalise in 2024, due largely to focus of activity on 60[th] anniversary. We are currently reviewing how to proceed with this aspect of our communications.
2024 Summary
Young Conducting Scholars:
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23-24 cohort completed: Sarah Carroll, James Greechan, Oliver Heath, Andrew Moore, and Katie Santi
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24-25 cohort appointed: Pip Alpin, Chloe Chatburn, Gabriel Prasadam-Halls, Charlotte Wysall
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Funding: We are deeply grateful to the individuals whose generosity has supported this year’s programme. Their contributions have helped make a lifechanging opportunity possible.
2024
• Trainee Tutors Rebecca Berkley & Vic Henshall
• Bursary Support Scheme
Widened to encompass four main categories:
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Talent Development
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Teachers/Education
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Community
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Singing for Health
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Assistant to Head of Learning Jenny Porter
• - Trainee Conductor Tutor Training Programme a significant and comprehensive review and update of this process for transparency and accountability
Future Strategy Headlines
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2025 - 2026 YCS cohort
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Launching and rolling out revised conductor training programme
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Alumni conductors scheme
SING FOR PLEASURE (INCLUDING REGIONS) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31 DECEMBER 2024
| GRANT INCOME BURSARIES FUNDING EVENTS Childrens Events 0.00 0.00 0.00 SFP60 7269.86 0.00 0.00 Choir Events 828.52 0.00 0.00 Workshops 1620.00 0.00 0.00 York singing trip 0.00 0.00 0.00 4 Day courses 0.00 0.00 0.00 London 13322.49 2850.00 0.00 Summer school 76932.54 7599.00 0.00 West Midlands weekend 10584.93 2530.00 0.00 VLTP 687.98 0.00 0.00 Manchester weekend 6725.54 2165.00 0.00 117971.86 15144.00 0.00 Shop Income Costs Stock (Decrease)/Increase Postage & Carriage Rent Membership Fees Donations & Grants Bursary Fund Transfer Investment income Other income Management Honorariums Training Insurance Travel & Management meeting costs Brand Events/Expo Vocalise Website expenses Website redevelopment Costs Marketing Events & Advertising Office Stationery Consultancy fees - Programming Consultancy fees - Fundraising Consultancy fees - Communications Consultancy fees - Finance Consultancy fees - C.E.O. Consultancy fees - Other Sundry expenses (Deficit)/Surplus for the Year (Loss)/Gain on Value of investments TOTAL (Deficit)/Surplus for the Year |
2024 EXPENSES NET 0.00 0.00 -27354.09 -20084.23 -436.69 391.83 -1464.20 155.80 0.00 0.00 0.00 0.00 -10900.37 5272.12 -80749.42 3782.12 -8923.26 4191.67 -553.28 134.70 -7266.00 1624.54 -137647.31 -4531.45 18126.37 -17653.16 7914.05 -1764.68 -1663.20 4959.38 15623.75 23892.91 0.00 1054.77 1220.25 42219.61 0.00 300.00 742.40 2112.35 1445.58 0.00 1554.85 0.00 3760.99 249.31 9250.00 7862.00 3360.00 7800.00 5000.00 0.00 2427.26 45864.74 -3645.13 1508.29 -2136.84 |
2023 243.80 1827.85 1441.90 171.23 1818.52 4558.63 335.94 2487.63 0.00 4387.23 17272.73 17298.47 -5090.74 -3597.89 -955.39 -1663.20 5991.25 14774.55 0.00 2750.00 773.27 445.42 42007.22 0.00 750.00 686.12 1379.53 2031.18 1928.25 1588.13 591.00 806.75 283.29 0.00 4480.00 4800.00 8320.00 10000.00 1700.00 2707.84 42052.09 -44.87 1809.96 1765.09 |
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SING FOR PLEASURE (INCLUDING REGIONS) BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 INVESTMENTS Schroders Charity Inv Fund - at valuation 21590.19 CURRENT ASSETS Stock 33630.68 Sundry debtors & prepayments 4314.47 Prepaid expenses Cash at bank -Savings Account 63190.64 Cash at bank -Current Account 60103.74 161239.53 CURRENT LIABILITIES Income received in advance 2346.84 Creditors & Accruals 14690.40 17037.24 NET CURRENT ASSETS 144202.29 165792.48 CAPITAL AND RESERVES General Reserves brought forward 152104.62 (Deficit)/Surplus for the Year -2136.84 General Reserves carried forward 149967.78 DESIGNATED BURSARY FUND 5181.70 DESIGNATED HEAD OF PROGRAMME FUND 10643.00 165792.48 |
2023 20081.90 25716.63 356.54 62588.28 68635.96 157297.41 4275.97 7081.52 11357.49 145939.92 166021.82 150139.53 1965.09 152104.62 13917.20 0.00 166021.82 |
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SING FOR PLEASURE (INCLUDING REGIONS) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR TO 31 DECEMBER 2024
Notes
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1 Income is stated net of credit card charges.
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2 There is a deficit for the year - a DEFICIT of £2,136 (2023 - SURPLUS £1,765)
There is an increase in SFP turnover in the year £183,243.64 (2023 - £1647842) Investment valuation gain - £1508 (2023 - gain £1810 )
- 3 Publications margin has reduced.
Previous years figures are :
| 2016 2017 2018 2019 2020 2021 2022 2023 2024 |
Turnover 12761 17561 19059 19064 8469 11332 12924 17298 18126 |
Gross Profit 1815 11584 9309 9293 5606 3966 5835 5991 4959 |
Gross profit % 14.2% 66.0% 48.8% 48.7% 66.2% 35.0% 45.1% 34.6% 27.4% |
|---|---|---|---|
| DESIGNATED BURSARY FUND Balance brought forward Transfer from General Reserves Interest received Grants and Donations Less Event Bursaries Other Bursaries Transfer General Fund Balance carried forward |
2024 2023 2022 2021 2020 13917.20 16376.76 15525.59 27000.00 0.00 27000.00 23.60 5.01 6408.5 19495.44 26987.57 13965.07 20325.70 35872.20 42536.76 40970.08 27000.00 -15144 -18205.00 -22770.00 -18205.00 -1000.00 -1765.00 -500.00 -2750.00 -1625.00 -900.00 5181.70 13917.20 16376.76 21365.08 27000.00 |
|---|---|
4 DESIGNATED BURSARY FUND
- 5 DESIGNATED HEAD OF PROGRAMME FUND
2024
Grant received - Foyle Foundation
Less Programming expenditure Balance carried forward
30000.00
-19357.00 10643.00
| SING FOR PLEASURE EVENTS BREAKDOWN 2024 GRANT INCOME FUNDING BURSARIES EXPENSES NET Childrens Events 0.00 0.00 SFP60 7269.86 -27354.09 -20084.23 Choir Events 828.52 -436.69 391.83 Workshops 1620.00 -1464.20 155.80 York singing trip 0.00 4 Day courses 0.00 0.00 London 13322.49 2850.00 -10900.37 5272.12 Summer school 76932.54 7599.00 -80749.42 3782.12 West Midlands weekend 10584.93 2530.00 -8923.26 4191.67 VLTP 687.98 -553.28 134.70 Manchester weekend 6725.54 2165.00 -7266.00 1624.54 0.00 117971.86 15144.00 0.00 -137647.31 -4531.45 Bursary Fund allocations 2024 2023 2022 2021 Children's events 0.00 1000.00 1000.00 1000.00 Workshops 1239.49 4 day courses 480.00 LONDON 2850.00 2470.00 3630.00 2935.00 Summer school 7599.00 9345.00 12330.00 16085.00 West Midlands 2530.00 2035.00 2360.00 MANCHESTER 2165.00 2875.00 3450.00 2785.00 BIRMINGHAM Allocated Bursaries 15144.00 18205.00 22770.00 24044.49 Grants and Donations 2024 2023 2022 2021 Foyle Foundation 30000.00 John Lewis 15000.00 15000.00 4160.00 Other donations - Bursary Fund 6408.50 2995.44 2725.47 7055.07 £60 60 Campaign 4310.91 Practise Pal 4800.00 European Choral AS 1712.10 Hull Council 225.00 Diocese of Leeds 1500.00 1961 Committee 2750.00 2750.00 40944.41 19495.44 26987.57 13965.07 |
2023 GRANT INCOME BURSARIES FUNDING EXPENSES NET 0.00 1000.00 -756.20 243.80 7068.78 -5240.93 1827.85 1809.00 -847.10 961.90 8283.94 -8112.71 171.23 2976.52 480.00 -1158.00 2298.52 11736.75 2470.00 -9648.12 4558.63 64471.79 9345.00 -73480.85 335.94 7124.45 2035.00 -6671.82 2487.63 0.00 9774.88 2875.00 -8262.65 4387.23 0.00 0.00 0.00 113246.11 18205.00 0.00 -114178.38 17272.73 |
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SING FOR PLEASURE
| Turnover EVENTS Shop Membership Fees Legacy received Donations received Allocated grant Funding Grants and Fundraising income JLP Bursaries Other Income |
2024 117971.86 18126.37 15623.75 151721.98 0.00 6408.50 0.00 23892.91 0.00 1220.25 183243.64 |
2023 2022 2021 2020 2019 2018 2017 113246.11 98117.92 72438.94 26075.00 129094.83 116421.15 127726.91 17298.47 12923.79 11332.10 8469.13 19064.13 19059.00 17561.67 14744.55 11881.04 10225.93 8969.25 8162.99 7414.00 7149.00 145289.13 122922.75 93996.97 43513.38 156321.95 142894.15 152437.58 51663.15 2995.44 2725.47 7055.07 3617.40 6042.61 1923.69 2785.08 0.00 0.00 0.00 840.00 9760.00 6350.00 300.00 1500.00 9262.10 2750.00 5676.57 -5985.00 2600.00 5090.00 15000.00 15000.00 4160.00 15000.00 15000.00 15000.00 0.00 164784.57 201573.47 107962.04 68647.35 181139.56 168767.84 160612.66 |
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The Trust For Sing For Pleasure Charity Registration Number 270384 Independent Examiner'3 Report to the Trustees of 'The Trust For Slng for Pleasure, I report on the financial statements for the year ended 31 December 2024, which comprise the statement of financial activities, statement of financial position. ststement of cash flows and the related notes. Respectlve responsibilities of trustees and examlner The trustees are responsible ft)r the preparation of the financial ststements. The trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and 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 you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examlnerfs Statsmont 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 requirements: to keep accounting records in accordance with section 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be aChed. fyiJ2q4 Andrew M Nicholls FCA 42 Holmeswood Park, Rossendale. Lancs. BB4 6HZ. 7th August 2025
The Trust For Sing For Pleasure . Unaudited Flnancial Ststements Year ended 31 December 2024 Ch ri Re istration Number 270384 ststement of Financial Activitles Unrèstrlcted Funds National Deslg- Goneral nat Total 2024 Total 2023 Notes In¢omlng resources Events Publications Membership subscriptions Other income 133.116 18,126 15.624 1,220 168,086 1,055 133,116 18,126 15,624 131,451 17,298 14.775 445 163 970 773 Incoming resources from ¢hanlable acti118$ 168 086 1,055 36,409 60 301 36.409 36 409 229 442 Inve5trnent income Grants and donalons Incoming resourc8s from geneIed funds Total incoming resources 23,019 Regource8 expended Events Publications Membership newsletters, mailings. adminislr8tion Ch8rit8ble activities 137,647 13.167 45,122 195.937 742 196679 137,647 13,167 114.178 11.307 195.937 742 196 679 166.652 686 167 338 Governance costs Total resources expended Nel Incominutg0ing resources Galn811osse5 on investment assets (3,645) 1.508 (2,1371 36.409 32,763 19,651 1,508 1,810 36.409 34.272 21,461 134.5011 134,501) { 21.955) 13,917 166,022 166.516 15 825 165792 Net movement in funds Designated Funds transfer io General Fund Totsl funds brought forward 152.105 149 968 Tolal funds c8n7ed forward ststement of Flnancial Position 2024 2023 Not88 Flxed assets Tangible assets Investments 21.590 20,082 Total fix8d assets Current assets Stock Debtors Cash at bank and in hand 33.631 4,314 25.717 357 131.224 1S7.297 Total Cuffenl assets 161,240 Llabllltles Creditors: amounts falling due wilhln one year 10 11.357 145,940 Net current assets Tol818&8ets le&8 current liabilllies 165 792 166 022 Funds General unrestricted funds Designated unreslricted funds 11 149,968 152,105 13.917 2 166 022 Total funds These financial statements were approved by the board of trustees and aulhonsed for issue on the ............................ ned on behalf of all the trustees SignatLtr& Name Miles Wallisllarke Truslee
The Trust For Sing For Pleasure . Unaudited Financial Statemants Year ended 31 December 2023 Statement of Cash Flows 2024 2023 Cash flows from operatlng actlvltl Nel ineomo 32,763 19,651 Adjustmenls for.. Dopreciation of lan9ible fixed assets DIVendS and interest from Inve$trnents Transfers from Bursary Fund 11,055) (34,501) {773) (21,955) Changes In .' Stocks Trade and other debtors Trade and other creditors (7,914 (3,958) 5.680 3,598 12451 {2,1821 Cash generated from operations Net cash from operatin9 actlvlties -1,906 Cagh flows from Investlng a¢tlvltle8 DivKlends and interest from investments Purchase of langlble assets 1,055 773 Net cash used In Investsng aciivltlès 773 Net Incr•a80 In ca8h and cash oqufval•nts Cash and equlvalonts at beglnnlng of year -7,930 131,224 -1,132 132,356 Cash and •qulvalents al end of year
The Trust For Sing For Pleasur• . Unaudited FinancSal Statements Year ended 31 December 2024 Notes to the Flnanclal Statements General Infomiatlon The charity is a registered charity In England and Waks is unwporated. The address of the principal office Ss do Bolton Music SeThi¢e. Mere Hall. Merehall StreeL Bolton BL12QT. Basls ol preparatlon These financial ststements have been wepared in Complia with FRS 102. The Fwwicial Reporting Standard applicab in the UK and the Republic of Ireland,. the Statement of Recommended Practice applicab to charities preparing their accounts in accordance with the Financial Reporting Standard applicatye in the UK 8rKI Republic of Ireland IFRS 1021 ICharitl8s SORP {FRS 10211 and the Charities Art 2011. Ac¢ounUng pollcl•8 Ba81• ol pr•paratlon The financrdl statements have been prepared On the histor1 Cost basis. as mc4Jlfied by the revaluation of certaln financial assets and liabiliti&s mèasured al falr value through income and expendrture. Golng eon¢•m There are no materfal uncertalnties atthit the chaiivs ability to ¢tinUe. Judg•m•nl8 and koy •oure•• of èstlmatlon uncertalnty The preparation of the flnandal statements requires management to make judgements, eslmates and assumptions that affect the amounts reported. These estimates and judgèments are conb'nual reviewed and are based on experiencè and other factors. including expectatlons of future events that are believed to be rea8onabl8 under the circumstances. Fund •c¢ounllng General Unresldcted FurKls are avallable lor use at the dlscretlm of the trustees to further any of the charilvs purposes. Designated fund$ are unrestriced funds eam)¥ked by the trustees for particular futurè project or commltment.
The Trust For Sing For Pleasure . Unauditsd Flnancial Statements Year ended 31 December 2024 Notes to the Financial Statements Ac¢ountlng policles {contlnuedJ In¢omlng resourc Sales income is accounted for on the basis of KNoi¢es raised for gTh)ds and services provided. Subscriptions and donations are included when recerved. Donalions or grants intended to support a parbcular actP4ity a included within the irtome of that actsvity. l incoming resources are included in the statement of financral actNitie$ when entiuement has passed to the charity.. it is probable thal the economi¢ benefits associated with the transaction will ow to the charity and the amount can be reliabty measured. The folbw.ng specific pollcies are appl to particular Categories of Irorne: income from donations or grants is recognised lthen there is evidence of entitlement to the gi receipt is probable and its amount ¢art be measured reliaw. • legacy income is recognised when receipt is probab and entiuernent is eslablished. income from donated gcw)d$ is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is dertved from the cost to the donor or the estimated resale value. Donated fa¢iltbes and services aTr recc*Jnised in the accounts when received if the value Can be relrabty measured. No amounts are included for the contribution of general volunteers. income from contracts for the suppty of services is recognised vath the delNery of the contracted 5eNice. This is classified a5 unrestricted funds unless there is a contractual requirement for it lo be spent on a particuLar purp)se and rned if unsp8nL in vthich case it may be regarded as Resources 0xnded ExFenditure 15 recognised on an aecruais basis as a IHbility is incurred. Expenditure includes any VAT whh cannot be fully recovered. Tanglble assets and Invégtments Fixed assets lexthding invesknentsl are stated at cost less accumulated depreci8tson. The costs of minor addit5 or those costing below £1.(h)O are not capitalised. Irwesthlents held as fL¥ed assets are revalu at mid-market value * the balance sheet date and the gain or loss is taken to the Statement of Financial Actiwtses. Stocks stocks ar8 measured at the Ier of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase. costs of conversion and other costs ineJJTred in bringing the stock to its present to¢abon and conditon. Events 2024 Costs 137.647 137 647 2023 Costs 114.178 114178 Income 133.116 133 116 Net Incom• 131,451 131451 Net National Totsl 17,273 Nadonal events income includes Bursary Allocations of £15.144 { 2023 - £18.205)
Thé Trust For Slng For Pleasure . Unauditsd Finan¢lal Statements Year ended 31 December 2024 Notes to the Financial Statements Ro8trfcted grants and donallcns 2024 2023 Foyle Foundation - Head of Programme Fund John Lews Partnershw) - Bursanes Grant Diocese of Leeds Donatlons 15,000 1,500 8409 Tanglbl• 188•ts 8alan¢e 1.1.24 Addltlon•l Depreclatlon Dls sals for ear Bal•n¢o 31.12.24 All Tangibl6 Assets are lulty deprlated. Flx•d a888t Inve•tm•nt• {al market value) Schroders Charity Equlty Fund Balance 1.1.24 Pur¢ha8esl Mov•mont (Salm) In year Balance 31.12.24 0obtor• Trade debtors aTrJ propayments 2024 2023 357 357 112 Cash at Bank and In hand National Currenl acnt 2024 2023 131,224 131 224
The Trust For Sing For Pleasure . Unaudited Financial Statsments Year ended 31 December 2024 Notss to the Financlal Statements 10 Crodltors Accruals & deferred Income 2024 2023 11,357 11 Gon•ral unrèstrictod funds Balan¢e 1.1.24 152.105 152 105 Movement In year 2,137 Balan¢e 31.12.24 National fund 149 968 It is the view of the Trustees that a minimum General Unrestricted fund of £60,000 should be held io m88t any contingency demands on the Trust. 12 Deslgnated unre8trfct¢d funds Balance 1.1.24 13,917 Movement in year 18.735) 10.643 8alance 31.12.24 5,182 10,643 Bursary fijnd Head of Programme fund 13 Stsff costs There wére no empbyed members of staff during th8 year.12023: nill. 14 Trust•a ramuneratlon and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 15 Independent exarnination fe08 There ware no fees paKI in the year to the Independent Examiner {2023'. £nil}.