2022-07-21-accounts - Hertford Choral Society

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Ms	Trish Galloway	Chairman	29 April 2019,Chairman
Ms	Kathi'e Painter	Treasurer	12May 2012
Ms	Christine Muskett	Secretary	10January 2022, Secretary 22 February 2022
Mr	Frank Hills	Trustee	28 June 2022
Ms	Anne. Kimpton	Trustee	9May 2022
Ms	Emma Nixon	Trustee	28June 2022

er	Officers and Trust	ees who served duri	ng the year are listed belo
Ms	Maria Tate	Secretary	To22 February 2022
Mr	Alan Cropp	Trustee	To 28 June 2022
Ms	Jane Turner	Trustee	To 28 June 2022

		Hertford Choral Society	Hertford Choral Society	Hertford Choral Society	Hertford Choral Society	Hertford Choral Society	Hertford Choral Society				Ci arity No i,' any)
		Period		start date			Annual accounts 22/07/2021			for the To	eriod dt,	21/07/2022	CC17a
										Restricted
Recommended			Details ot own				I	Unrestricted		income	Endowment	Total this	Total last
categories by activity				analysis					funds	funds	funds	year	year
									E	K
Incoming resources	(Note 3)								F01	F02	F03	F04	F05
Incoming resources from
generated funds
Voluntary income							S01		36,499			36,499	9,540
Activities for generating funds							S02		2,053			2,053
investment income							S03		80			80		15
Incoming resources from
charitable activities							S04		19,703			19,703	2,540
Other incoming resources							S05
Total	incoming resources						s08		58,335			58,335	12,095
Resources expended		(Notes		4-8)
Costs ofGenerating Funds
Costs ofgenerating voluntary
income							S07
Fundraising trading costs							S08		46
investment management costs							S09		55			55
Charitable activities							S10		53,067			53,067	12,152
Governance costs							S11		998			998		770
Other resources expended							S12
Total reSOurCeS expended							s13		54,166			54,166	12,922
Net incomingl(outgoing)			resources			before
					transfers		S14		4,169			4,169	-	827
Gross transfers between			funds				st5
Netincoming/(outgoing)			resources			before
other recognised				gains/(losses)			s18		4,169			4,169	—	827
Other recognised gains/(losses)
Gains and losses on revaluation				offixed assets
for the charity's own use							S17
Gains and losses on investment				assets			S18
Net		movementin				funds	s19		4,169			4,169	-	827
Total funds brought	forward						S20		105,028			105,028	105,855
Total funds			carried		ferward		s21		109,196			109,196	105,028

								Restricted
						6)	Unrestricted	income	Endowment	Total this	Total last
						OZ	funds	funds	funds	year		year
Fixed assets							F01	F02	F03	F04		F05
Tangible assets				(Note 9)		B01
						B02
Investments				(Note 10)		e03
			Total fixed assets			e04
Current assets
Stock and work in		progress				B05
Debtors				(Note 11)		e08	12,703			12,703
(Short term) investments						B07
Cash at bank and		in	hand			e08	111,648			111,648		114,289
		Total		current assets		B09	124,351			124,351		114,289
Creditors:	amounts		falling		due within
one year	(Note 12)					B10	15,154			15,154		9,261
Net current			assetsl(liabilities)			B11	109,196			109,196		105,028
Total assets less			current liabilities			B12						105,028
Creditors:	amounts		falling		due after
one year		(Note		12)		B13
Provisions	for liabilities			and	charges	B14
					Net assets	B15	109,196			109,196		105,028
Funds ofthe Charity
Unrestricted	funds					B18	109,196			109,196		105,028
						B17
Restricted	income	funds		(Note 13)		B18
Endowment	funds	(Note		13)		B19
				Total funds		B20	109,196			109,196		105,028
Signed by one or two the trustees		trustees on			behalf of all		Signature		Print	Name	Oate of a roval
							K~P~		K Painter		03/02/2023

Note 2			Accounting policies	Accounting policies
This standarff		list ofaccounting policies has been applied by the charity except for those deleted.			Where a dffferent
oradditional policy has been				adopted then this Is detailed in the box below.
INCOMING RESOURCES
Recognltlon	ofIncoming			These are included in the Statement of Financial Activities (SoFA) when:
resources				~ the charity becomes entitled to the resources;
				~ the trustees are virtually certain they will receive the resources; and
				~ the monetary value can be measured with sufficient reliability.
				Where incoming resources have related expenditure (as with fundraising	or contract income)
				the incoming resources and related expenditure are reported gross in the	SoFA.
				Grants and donations are only included in the SoFA when the charity has	unconditional
				entitlement to the resources.
Tax reclaims		on donations		Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts				which they relate.
Contractual	income and			This is only included in the SoFA once the related goods or services have	been delivered.
performance,		related	grants
Gifts in kind	~			GiRs in kind are accounted forat a reasonable estimate of their value to the charity or the amount actually realised.
				GiRs in kind for sale or distribution are included in the accounts as gifts only when sold or
				distributed by the charity.
				Gifts in kind for use by the charity are included In the SoFAas incoming resources when
				receivable.
Donated seri(lees and				These are only included in incoming resources (with an equivalent amount	in resources
facilities				expended) where the benefit to the charity Is reasonably quantifiable, measurable and
				material. The value placed on these resources is the estimated value to the charity ofthe
				service or facility received.
Volunteer he/p				The value of any voluntary help received is not induded in the accounts but ls described in the trustees' annual report.
Investment	income			This is included In the accounts when receivable
Investment gains and losses				This includes any gain or loss on the sale of investments and any gain or loss resulting from
				revaluing investments to market value at the end ofthe year.
EXPENDiTURE			AND	LIABILITIES
Liability recognitlon Cosmos				Liabilities are recognised as soon as there is a legal or constructive obligation committing		the
				charity to pay out resources.
Governance	costs			Include costs ofthe preparation and examination ofstatutory accounts, the costs oftrustee
				meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with conditions	performance			Where the charity gives a grant wilh conditions for its payment being a specific level ofservice or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe
				grant has provided the specifie service or output.
Grants payable without				These are only recognised in the accounts when a commitment has been	made and there	are
performance	conditions			no conditions to be met relating to the grant which remain in the control of	the charity.
Support				Support costs include central functions and have been allocated to activity	cost categories	on
				a basis consistent with the use ofresources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed		assets	for use	These are capitallsed ifthey can be used for more than one year, and cost at least 8500.
by charity				They are valued at cost or a reasonable value on receipt.
Investments	'			Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate ofmarket value.
Stocks and work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL			TO OR
DIFFEREN)		FROM	THOSE
			ABOVE

Incoming	resources ma	y be fu	rther	ana	lysed ifth	is would help the	reader ofthe a	ccounts.
								This year	Last year
						Analysis		K	K
Voluntary	income		Subscri		tions			24,928	1,505
			Donations					5,455	7,300
			Gift	Aid				6,116	735
							Total	36,499	9,540
Activities	for generating	funds	Self	Help activities				2053
							Total	2053
Investment	income		Bank interest					80	15
							Total		15
Incoming	resources from		Concert		Income			12093	930
charitable	activities		Sin	in	Events Income			6,778	1,600
			Sin	in	Worksho	Income		833	10
							Total	19703	2,540

Note 4i			Analysis	Analysis	Analysis	ofresources	ofresources	ofresources	ofresources	ofresources	expended
Resources		expended	may be		further analysed					if	this would	help the reader ofthe accounts.
										Analysis			This year f	Last year E
Costs ofgenerating
voluntaly	income
												Total
Fundralsing		trading	Self-hei		ex		enses						46
costs
												Total	46
Investnient			Bank charges										55
managtment		costs
												Total	55
Charitable	activities		Concert		costs								33055	3593
			Sin	in	Events costs								6356	1,043
			Rehearsal			and Worksho				costs			13534	5,355
			E ui		ent,		ublicl		and	eneral costs				2,161
			De	reciation			and sta		estore e
												Total	53,067	12,152
Governance		costs	Insurance,			Makin		Music		membershi,		admin costs	998	770
												Total	998	770

			Freehold	land	Other land	&	Plant,	Fixtures,	Payments	on	Total
			&buildings		buildings		machinery	fittings and	account	and
							and motor	equipment	assets under
							vehicles		construction
Balance brought								22,030			22,030
forward
Additions
Revaluations
Disposals Transfers '
Balance carried								22,030			22,030
forward
9.2 Accumulated		depreciation		and	impairment	provisions
		Basis	SLor	RB	SLor RB		SLor RB	SL	SLor RB
		Rate						10
Balance brought								22,030			22,030
forward
Depreciation	charge
for year
Impairment	provisions
Revaluations
Disposals
Transfers'
Balance carried								22,030			22,030
forward
9.3Net book value
Brought forward
Carried forward
9.4 Revaluation
Ifany ffxed	assets have been			revalued please give			details ofthe valuer and method of			valuation

Note 11 Debtors and prepayments	Note 11 Debtors and prepayments	Note 11 Debtors and prepayments
Please complete this note if	the charity has any	debtors	or	re a ments.
Analysip ofdebtors			Amounts within		falling due one year	Amounts more	falling due after than one year
			This year f		Last year f	This year f		Last year f
Trade d )btors
Amoun ts due from subsidiary	and associated
underta tlngs
Other d ebtors
Prepaym ents and accrued income			12,257.6
		Total		2,70

12.1 An	lysis ofcreditors		y		.	.
				Amounts	falling due		Amounts	falling		due after
				within one		year	more	than	one year
				This year f	Last year f		This year f		Last year f
Loans a~d overdrafts
Trade creditors				2,818		3,661
Amounts	due to subsidiary	and associated
unde Its	ings
Other c redltora
Accruals	and deferred income			12,336		5,600
			Total

		authorit			Amounts	or benefit value
Name	oftrustee	y (eg order,	Remuner ation	Pension contributl	Redundancy(including	lossof office)/exgratia	Other	TOTAL
		governin		an
Please	give details	ofwhy
Where	an exgratia

	authorlt					Amounts	Amounts	paid	or benefit value
Name oftrustee	y (eg order,	Remuner ation	Pension contributl		Redundancy		(including		loss ofoNce)/ex gratia	Other	TOTAL
	governln			0
Please give details	ofwhy
Where an exgratia
28.2Trustees' expenses
Ifthe charity has paid trustees expenses for fulfilling						their duties,		details ofsuch transactions		should be
No trustee expenses have been incurred				(True or False)							TRUE
Type ofexpenses reimbursed							This	ear		Last year
Travel
Subsistence
Accommodation
Other (please speci

Name of the trustee or related party	Relation ship toi charity,	Descript ion of the transacti on(s)	Amount	Balance at period end	Provision for bad debts at period end	Amount s written off during reportin g period