Cirencester Choral Society Report and Financial Statements Year ended 31" May 2023 Charity No 276649
Cirencester Choral Society Year ended 31° May 2023 Trustees, Report The trnst¢es pr¢sart thcir annual rqMKt and financial ststements of the clwtty for the year ended 31. May ?023. Thc fuwicial ststements have been prepard in rdance with the accounting p)licies set out on page 6 and ¢omply with thc Charity's trust dwL thc Charlties Act 2011 and the Statcm¢nt of ROrnMended Practicc.. Acwunting and RcFK)rting by Charities 2019 aod applithk UK Accounlinby Standards. Objectives A¢tivities for the PbIle benefit The objects of the Society are to adv¢¢ the education and appre¢iaiion of music and to offer access to the work of both ¢stablisbed and developing comwseTS and artists through the fOTrn&cC of choral works and oiher musical tIVItI Achievements alld perfom14nce Having rcgard lo the Charity Commission's public benefit guidance, th¢ TnetS al to Intain Membship numbers to raise sufficient funds. to enable the hiring of professional orchestras and l01sts whilc kccping the pric¢s of wncert tickets affordable. I'wo publi¢ ¢on¢crt5 wcrr wformcd, each with a quartet of prolessional soloists: in t)ecember 2022 with full orcho%tr4 and in May 2023 with organ accomEMnimenL Grant Making policy Thc sletY does not nOmllY make grants. However. the Society may concert5 in aid of local ¢hariti¢s. All other income is applied towards the promotion of thc objects ofthe siety as stated above. FillAncftal review The genernl numing of the Sixiety. including membeE5' subscriptton& donatiOll5 and fimd-raising activiti, gave rise io a net 5Utplus of £7,150. In addition to Gift Aid for the ¢unMt year. income included £2:603 of Gift Aid relating to the prcvious year, claim for which had been deferred until an urdate of members. Gift Aid declarntions h&1 I1 caled out. Th¢ positive surplus refle£ts the generally 4)plicd w)licy of planning for surplu5e5 in running costs to offs¢t s(¢ concert CO thereby h¢lping to keep concert ticket pri$ at an aifordable level. fNoie lh ihefigwefor thepreviousiyar &s not directl). c1)mTrable wtih thepresenlyear os it had includedan wuDcl/eddOnth10n of £3.830 10 il¥ Society a1Cluded Gifi Aid income.) A5 part olthe atmual planning pr(KLX the Trustees con8id¢r ¢ar¢fvlly the costs &ssOCi&ted with the proposed concert progrdvnTne5. tsking account of th¢ lev¢1 of fid5 brought forward and the So¢iety's Reserve Policy (see below). tn thts way ihe S(Kiety eks to maintain a reserve equivalent approxitllately to half a year's income. As anticipate the S(Kiety this year made a net loss amounting to £3.438: larger than in 2021-22 due mainly to the engagement of four soloists in both concerLs and somewliat ffjluccd aLbdience sizes. The overall SUTplus achieved was £3,712 (2021-22". surplus £3.910A rni5ing the accumulated surplus &vried fonward into next year lo £16.712 (2021: £13.OiN>). All of the lety'S funds at31" May 2023 arc unrestricted. The 8ncietY is grateful for a grdnt from the Josephir Baker Tn towards the exr*nses &sso¢iaid with engaging vocal soloists from the Royal Aclerny of Music and the Royal College of Music for our December onccrL and a donation from a Iwal business to hclp offset increases in concu1 costs. During the year, the Society trnisfetrd ownership of its colrt staging to Ciren¢¢st¢r Parish Church. the v¢nue of its concerts. The original o)st of the 51aging from society funds had aldY been fully written do over 10 years and h&$ now been removed from the [ed assets in the balallc£ sheet IMv¢slment poliry Ihe trustees do not nornially hold large surplus fi]EKLs and wnsider that Ig teTtll investmejrt w(wld t be appropriate. Short temi surplus are held dwiL
Cirencester Choral Society Year ended 31" May 2023 Trustees, Report (continued) Risk managemeAt The trustees hav¢ examined the major sttategic and risks wbicb the charity fJxs and Lfim1 that systcms arc in Pl to enable regular rerymts to be PKIr so that the Issary steps taken to lessen thcsc risks. Reserves policy It is the wlicy ofthe charity to matntsin unrestricted which are the free reserves of the cbarity. & a level which equates to six mooths. nom]al runllillg cos Plans for the futsre 'I'hc Society is planning two Ytgular conccrts for thc 2023-24 se&8on: one in DecuniKr and one in May. In addition, a Christmas ConLYrt will held to rdiS¢ fimds fortwo l(Kal chariti4 at the same time providing an opportunity for a young lo1 instrum¢ntalist to [0[ in front of a publi¢ audi¢ncc. The Cirencester Choral SIety was founded in 1863 and E*came a registed chaiity in 1978 (Charity No 276649). The charity is governed by the amended 2012 Governing Rules. Truslees - Offic¢ Thc OtTiccr5 of the Society shall k the chaimla Ikputy chairm (vacgTrt), Seartary, Treasurer, Membership Secretary and Communications & Marketing Cwnlinalor who shall Member5 and who shall be elccted for a pcri(MJ of one ycar by other M¢mb¢rs at thc Annual General Meetin¥. I ruslees- Man in Committee The Managing Committee shall consist of the OEfi¢¢rs and up to sevcn Ordinary MeMrS of the Managing Cornmittee who shall be Members and who shall be elected for a peri(Ml of one year by other Members present at the Annual General Mcetin& Ordinary memiws of Managing CoD)mittee in post shall be eligible for re- election at subs¢qu¢nt Annual Genezal Mcetings and may serve for three consecthe Yea before retiring from the Managing Committee for at leLst on¢ year. The trn$tS nornially meet fornially 8t It three titnes during the year. keep the skill Tf4uTrements of the Committee under and may ClH)Pt a member with particular skills until the Dexi AGM when they will offer themselves for election. The Chairman fflsuRs that new t are giv¢n aPprat¢ trnining. Over the year the trustees h¢ld thre¢ me¢titig% in Aug Novem AprAI and remaitwj in close contact via e-mail througlK>Ut the year. Reference and Administration 'll)e 'frnstees who seryoj duTing the year a &s follow& Officers Julia Haskr Andrcw Crane Sarah Powell Tifflothy Page Victoria Summerley Robert Merrill Chatr (from 4110r22) Treasur¢r (from 4110r22: Chair until 4110122) Membership Secrelary (until 4110f22) Colluns & Marketing {from 4110122 kn 113123) Comms & Marketing (until 4110122) Committee memkn Ros Ivtson Robert Mcrrill (from 4110r22) Jane Read (until 3 IIW22} Julia Hasl¢r {until eleded Chair) Patricia Scott (until I l/lt23) Mary Sitnpson (Wed 1114r23)
Cirencester Choral Society Year ended 31° May 2023 Trustees, Report (continued) w applicable to charities in England and Wales Icqui5 thc trustees to prepare financial statements for each financial year which give a true and fair view of the charity's fitwici21 activities during the vear atld of its rinancial p)siti(m at the end of the year. In preparing fin8ncal stAtan¢Rts giving a tn atMI fairvTh. the tnjstees sh(MJld follow 15t practice aDd.' Select suitablc aLYounting 1cl and then appty them consistenty. Observe the meth(Mts and Principles in the applithle Chartties SORP Make judgements and eiMateS that ate regsonabk and pn¥Jent Stat¢ whether applicable xci)unting Sta and statements of Ionet prdctice have been followed subject to any material det that be dk}Sed and explained in the financial slatements; and Prepare the financial statements on the going coneem basis unless it is inappropriate to presume the chartty will colltinue in 0puatiL The trustees are reswnsil)le for ke¢ping CoUnting Tecords whicb disclose with &Sle accuracy aÉ any time the financial w>sition of the charity and to enable them to ensu that thc financial statcments mPlY with the Charities Aci 201 l. the Charities (Accouttts d Reports) RegU10S 2015 and the pvisIOnS of the constitution. The trnstees are responsibl¢ for safeguarding the assets of the chartty and hence for tsking re)nable steps for the prevention and detection of fid and other irregularities. The trnstees are resl1e for the maintenance and integrtty of the charity and finaTl&l infomiation included on the Charity Commission wcbsitc in a(xordancc wtth legislation in the United Kingdown govcming the preparatton and dissemination of fllllncial statetnents Approv¢d by th¢ tntstees and SId their behalf by: Julia H&sler Chaimjan 191gJ2oL3
Cirencester Choral Society Year ended 31° May 2023 Independent Examiner's Report to the Trustees of the Cirencester Choral Society I rqx)rt on the accounts of the Charity f(ff the ye4r cThled 31° May 2023. which aT¢ set (xrt on pa8es 5 and 6. The Charity's trustees are resFX)nsibl¢ for thc prwaratton of the financial statements. The Charity's trustees consider that an audit is not trquired for this year Under section 144(2) of the Charities Act 2011 (the 2011 Acl) and that an 1ndqdent ¢xamination is nccdcd. It is my responsibility to: Examtne the accounts under se¢tTron 145 ofthe 2011 Aci" To follow the procdures laid down in the Guml DiTecti(xLs given by the Charity Commissioners under section 145(5)b of the 2011 ACL. and To stste whther particular matters have come to my Jltention. Basis of Independent Ex4miDer's report My ¢KaTnination was carried out in xconkn wtth the General Directions given by the Charity Commissiimers. AD examination includes a review of the Ounting records kept by the Charity and a Comparison of the accounts presented with those records. It also includes ¢onsid¢rntion of any unusual items or disLlosurcs in thc account& and the seeking ol explanations from you as tnCeS concerning any such matters. The procedures undertaken do not provide all thc cvidence that would be TWUiTed in an audit and. conscqucntly, no opinion is given as to whth thc COUnts PreSl a kni¢ and fair view- and the report is limited to those mattels set out Ftlow. IndependeDI Examitier's Ststernent In connection wtth my rxaminatiOQ TK) matter has come to my atter*tion: which gives m¢ reawnablc cause to believE that irj any material rc5pcc¢ the r4uircn)¢nts to keep accouDting records in accordallce with s130 of the 2011 ACL and lo preparc cOunts which accord with th¢ accounting Tccords and to C4Y))ply with the accounting requirements of th¢ 2011 Act have nirt been mel or to which. in my OPinM)ffj atkntion 4M)uld be drnvn ill order to e1¢ a undetbts]ding of the ttccounts to k reached. David S Murrny Chartered Ac£ountant 2 Samwer Court Upper Siddington Cirencester Glou¢est¢tshi Dai¢: 13 Se0ber 2023
Cirencester Choral Society Year ended 31° May 2023 Statement of Financial Activities 2022-23 2021-22 {£) Membership fee income: Meiiibers. subscriptions Income t&x refunds Summer Extension 11025 5.119 1.428 18572 11,545 11545 Con¢ert Receipts: Ticket & progrdmme income Grants 6.750 1.268 &018 7,783 600 8J83 Misc. Tneome: Bring and buy Donations Bank interest Social events R¢tr¢shm¢nts Music and arfsleS 10 4.855 165 30 62 269 526 4.931 Tolal iacorning 27.116 Society running Costs: Reh¢arsal costs (incl. profs1Onal fe£s) Summer Extension Subscriptions and &)nations Insurdnce Refreshment costs Sundry running costs tkpreciation 9.404 1.338 278 269 57 303 3(M) 11.948 9.838 148 182 26 133 300 10,627 Concert expenses: orches l01St* conductor. music elc Venue hire Publicity. ticket5 etc Perforniing rights 9.758 1.159 381 158 11.455 8.923 654 579 166 IOJ22 Total exwded 949 712 Funds brought forward at start of year Fuxds carried fonvxnl ai of ytar 13.(K>O IA712 9,090
Clrencester Choral Society Year ended 31° May 2023 Balance Sheet 311512023 311512022 Fiied ets {stging & piatto): At Cost Additions/(DisposaE) 'I'otal cost Ttansf¢r From designated fillKI tkpreciation 13,244 (10244) 13.244 13244 (4,254) 7.790 iJoo 2.1(Kl Currellt a&sets: Debtors C&8h at bank al in hand 806 12.547 17.4 Creditors: Amounts falItngp due within one year (1.678) (1&$3) Nel current 15812 1&712 The funds of ¢he charity: Unrc5tricted Restricted Total cbiity fuwly Ifk712 13.0(M) 14712 13.11(K) Approved by the Colljmittee on 9 Augiist 2023 and st8d on its behalf by: Julia Haslcr (ChaiT)-' Andrew Crane (Treasurer): Notes to Accounts l. Accounting Polict¢s a) Basis of Accounting: The acullts have Ixen under the hi&orid LX)St nVetion. b) Tumover. subriptiOns are credited to th¢ Income and Exd1th Account when T]ved. All other income is credited in the ttri(yJ to which ti relak 2. Taxalion Ciyencester Clx)ral Society is a Regtered Charity and is uot liable to t&xatio
Cirencester Choral Society Year ended 31" May 2023 Reference and Administrative Inforniation Registered Charity Numbcr. 276649 Corr¢swnduicc Address: Old School Coates Cirencester Gloucestershire GL7 6NN Indepelldent Examiner". David S Murra) 2 Sawyer Court up Siddingion Cirencest¢r Gloucestcr5hire GL7 6NB Bankers: Barclays Bank PIC 28 Markel Place Cirencester Gloucestershire GL7 2NP
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