## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Total| |---|---|---|---|---|---|---| |||||||Funds| |||||||2022| |||||||f.| |income and Endowments||||||| |Donations and legacies
lncorne from investments||5,956||||4,1?8| |interest receivable|||1,567|||| |incom
from charitable
activities||||||| |Concerts promoted
by Schola
Other performances
2022 Reunion||778
7,020|||7,589
7,020|1,3?9
2,761
21,021| |Total Income and Endowments||13,754|'l,864||42,429|30,300| |Expenditure||||||| |Ex
nditure on charitable acti|||6,798|17,729||| |Total Expenditure||8,258|6,798||32,785|32,211| |Net incomel(expenditure)|before gains|||||| |and losses on investments||5,496|(4,934)||9,644|(1,911)| |Net gains/(losses)
on investments|||||172|(601)| |Net Income/(expenditure)|||(4,762)||9,816|(2,512)| |Transfers between funds|||5,000|||| |Net Movement
in Funds
Balances brought forward at||496|238||9,816|(2,512)| |1stAugust
2022||1,054|54,489||55,543|58,055| |Balances carried forward|at|||||| |31stJuly 2023||1,550|54,727|9,082|65,359|55,543| ## ## ||2923|| |---|---|---| ||f.|| |FiXEDASSETS||| |investments||49,930| |CURRENT ASSETS||| |Debtors
Cash at bank|2,724
12,533|740
4,873| ||15,257|| |Creditors: amounts faIing||| |due within one year||| |NET CURRENT ASSETS|15,257|5,613| |TOTAL NETASSETS|65,359|55,543| |REPRESENTED BY||| |Unrestficted
funds
Restricted Funds|56,277
9,082|55,543| |||55,543| ## ## ## |ACCOUNTING
POUCIES||||| |---|---|---|---|---| |Basis ofaccounting||||| |Basis of accounting:
The financial
statements
have
btxfn prepared
in accordance
with
AtxXfunting
and Reporting
CharIes: Stafamerit of Recommended
Practice 20tg. Assets and liabiTitfes are initismy recognised
at historical cost
transacbon
value unless otherwise stated in the refevant accounting
policy note(s).||||by
or| |Going concern||||| |The accourita have beert prepared
on a going coricem basis||||| |Incoming resources||||| |fncoming resources fram chsritabfe activities represents
the amounts
receivable forgoods and services
from conaeits and record safes; these are included
in the accounts
in the year in which the concerts
place.|invoiced, income
or CD sales took|||| |Donations and similar incoming
resources||||| |Donations and similar income are reaognised
ons receipts basis.||||| |Gilt Aid recoverable
is accounted for in the same period ssthe related donation.||||| |Resources expended
Expenditure,
including
any irrecoverable
VAT, is accounted
for on an~s basis and has been|classified
under|||| |headings
that aggregate
aff costs related
to the category.
Where costs cannot
be
directly
atfributed
headings they have been allocated ta scbvities onabasis consisb*.nt with use ofthe resources||to|particular|| |Investments||||| |Investment
income is recorded veen receivabis.||||| |Investments
are shown at market vaiue as atthe year~d. Movements
in market value are shown
in the Statement ofFinancial Acbvities.||||| |Foreign currencies||||| |Assets snd ffabiTTfes held in foreign cunencies at the year end are translated
into sterling at year-end exchange rates and
dNarences
are dealt with through
the Statement of Financial Act%ties. Exchange rate dffferencm
arising from currency
transactions
are dealt
with
in the Statement
of Financial
Activities,
at the prevailing
exchange
rate on the date of
bansactlan.||||| |Fund a~untfng||||| |Unrestricted
Funds:||||| |General Fund||||| |These are funds which are being used in accordance with the charitable objects ofthe choir.||||| |Designated Funds:||||| |Cattdt!Ctaf'8 FUitd||||| |This fund has been built up from donations.
Itisthe Trustees' poiicy ta charge only the conductor's basic
against this whilst fees for extra performances
snd travel expenses are charged tothe General Fund.|annual||stipend|| |James Burton Conducting
Fund||||| |This fund was established
in 2016-2017and named
after Schola's Canductor
and Director of Music for t5 years.
The
Fund in principle wiI contribute towards Schols's conductor,
in particular the conducting
fellow.
The Lydia Press Memorial
Fund||||| |Established tocommemorate aChar member who died in a mountaineering
accident in May 2008,the Fund
funded a commission
forthe 2010Reunion. Since then it has inter alia funded support forthe choir's Events
~dinstor.||initially
and Alumni||| |Psst Tours||||| |The balance on this fund represents
the unused
part ofthe surptus
on past tours snd isto be used tours||||| |Restricted Funds:||||| |The Roger snd Ingrid Pilkington
Trust Grant||||| |ln June 2023Schofa was swarded agrant off'20,000per annum
over 3years by the Roger and ingrid Pilkfngton
The intention
is forthese funds toenable a number ofinititiatives
which will prepare Schola foran enhannxl
rale
2025 with the opening afOxford University's
new centre forfhe Humanities.|||Trust.
from|| ## ## ## ## |Ctfhil
||||| |---|---|---|---|---| |oss ocartabe
activity|Running|2025 Dev.|Total|Total| ||the Choir's|eioprnent|2023|2022| ||Programme|project||| |||R||| |Direct Costs
Conductor'8 fees
Library rent and music
Administrator
Subs 8 general expenses
Marketing
Expenses
2022 Reunion expenses|3,365
8,718
2,087
556
330|13,309
900
3,520|16,674
9,618
2,087
3,520
556
330|1,704
6,500
2,882
228
210
20,687| ||15,056|17,729|32,785|32,211| ## |||2022| |---|---|---| |Market value at 1stAugust||50,531| |Net disposal ofUnits||| |Unrealised
gain/(loss)||| |Market value at 31stJuly|50,102|| |Cost 31stJuly|32,174|| ||2023|2022| |---|---|---| |Accrued income||589| |Other debtors 8 prepayments|2,724|151| ||2„724|740| ||2023|2022| ||12,533|4,873| ## |7|Creditors - due within one year|Creditors - due within one year||||||2022| |---|---|---|---|---|---|---|---|---| |||Accruals 8 prepayments||||||f.| ||||As at|Incoming|Outgoing|Fund|Investment|As at| ||||1August '22|resources|resources|Transfers|Gains|31JuIy '23| |||||R||||| ||||1,054|13,754|(8,258)|(5,000)||| |||||13,754|8,258|5,000)||1,550| ||Designated|- Conductor' s
JBurton Fund
LPress Fund
Past Tours|41,244
5,490
4,574
3,181
54,489|1,864
1,864|(6,79&)
6,798|5,000|172
172|41,482
5,490
4,574
3,'l81
54,727| ||Restricted|||||||| |||2025Development||26,811|17,729|||| |||||26,811|'I7,729|||9,082| ||Total funds||55,543|42,429|(32,785||||