Cirencester Choral Society Report and Financial Ststements Year ended 31" May 2024 CharRty No 276649
Cirencester Choral Society Year ended 31" May 2024 Trustees, Report The trustees present their anrkual tw)ort financial statements of the charity for the yew eTrled 31. May 2024. The finan¢ial sthtements have en pre in accordance with tk oUntIng wlicies set out on page 6 and comply with the chwity"s irnst deed. the Charities Act 2011 and the Statement of Re¢ommended Praciice.. Accounting and Reporting by CRwiti&s 2019 ald applicable UK AcLX)unting Stsndar&. objectiv and Activitt& for the puNie beMefi¢ The object5 of the SoLiety a to advance the Ucati<M and appreciation of mustc and fo offer access to the work of both blished and d¢v¢loping cornposer5 artists through the proMI81C of thoral wo$ and other musical activities. Achievements ¥nd rformance Having reglrd io the Charity C(xnmission's public b¢fil guidaN& the TnLsts aim tomaintain maniyrship numbers to rdise sufficient n8 to a)able the hiring of professional orchesttas and soloists while keeping the prices of conLert tickets affonlable. Th public concerts We perfomied in 2023-24.. one with a quartet of pn)fessional soloists and baroque 0h¢St in tkcemlrr 2023. one a Christm&s concert in support of local charities and giving a young lool oixjist an oprx)rtunity lo fOrnI in public. and one in May 2if24 involving a ptDf¢ssional bwitone soloist and organtsL Gr¥n¢ M#king The Society does t1 no[allY make grants. However, the Socidy may roMi Christttths concths with profils designated to SUPEX)rt local dwities. All other income is applied ioward5 the promotion of the objects of the So¢i¢ty &8 5tataJ aEK)ve. The general running ofthe Sixiety,including income fr(xn [nemI[s. subscripti¢ dottttions and fimd-rdising activities and the costs of wLtkEy rehearsals, gave rise to a nel surplus of £5:335 (2022-23 surplus £7,150: though the latter additionally included 2021-22 Gift Aid of £l(A131 The [ltive surplus reflects the genLYally applied policy of planning for SUTpluses in the day-to&y running ofthe Soctety to offs& some concert cosL% thereby helping to keep LvncuÈ ticket prices at an affordable level a1 maintain dIeeS. As part of the annual planning process. the Trustees constder Lwefulty the costs &%sociatal with the pwwjsed con¢ert PTDgramme4 taking account of the level of fillxls brought forward and the Society's Reserve Policy. While tEsetves may allowed to rise or fall in any year derknding on the nathre of the concert progrdmmes perfornied. over the medium terni the Society seeks to maintsin a reserve equivalent approximately to half a year.s income. anticipat. the sIety this year me a nd loss on LxJn¢ert% amoLmting to £1.401. less than the loss in 2022-23 (£3.438) as only a single soloist was Rquirul for the corKert of songs ptyfoTmU] in May 2024. The overall surplus &bieval was thus £3:933 {2022-23 Su5 £3.7121 raising the aCLumulated surplus Carried forward Into next year lo £20,044 (2023.. £16.712). This increa8e in available funds has enabled the Society to budget for an overall loss in 2024-25 with a PTogra))me of two Otcbe5trd-accompanied wnrerts. All of the Soci¢ty""s fvnds at 31" May 2024 were unrestrictsj. The Society Rs grateful for a grant from the josephi Baker Trust towards the expee5 &wciated with engaging voeal soloists from the Royal College of Music for the Dllber 2023 concer¢ a donation from a local busin$ tohelp offset incre&8es in LX)rtcert cosw and a memorial donation in respect of a fonnermember. Investment p)li¢y The trust do not nonnally hold large surplus fvnds and (x)nsidBr that long tffm investmart W]d TK)t be appropriat& Short temi surplus futK& are held ors dw*L
Cirencester Choral Society Year ended 31" May 2024 Trustees, Report (continued) Risk mfjgement The trustees have ex•nin the major strntegic opaationai risks which the charity and confrm that Sy5tein5 are in pl&e to enable rylar rewirts to pr(MIl 50 that the rcessary Ste can be tsken to lessen these risks. Re8erYe8 poliey It is the EX)licy ofthe charity to maintsin untestricted which are the free TeseTves of thecharity. at a level which equales to six months. nonnal nllming cost& Pl8ns for the future The Society is planningtwo 0h¢stra-wrnpaTried concerts with professional soloists forth¢ 2024-25 Season: one in N0ve[nr and one in May. S'tructvre, Governante and M2nagemeMt The Cirencester Choral Society was founda in l 863 be£am¢ a registereAI charity in 1978 (Charity No 276649). The chaTity is govemoj by the anended 2012 Governing Rules. TTuslees - OtTicers The oific<7s of the Society shall te the ChaiTmat4 Ikixlty Chairnim Secret. TTea5urer. Memtershtp Secretary Communi&tion5 & Marketing c(pO1nor who shall k Memlxys and who shall be eltea for a period of one yedr by other Mem1 present A1 General Meeting. Trustees- Mana The Managing Committee shall consist of thc Officers and up to seven Ordinary Memkn of the Managing Committee who shall be Members and who shall eleded for a ofone year b) other MembeTS prtsent at the Annual Genera] M¢etin& Ordinary members oftlr Managing CoFnmtttee in post shall be eligible for re- election at subsequent Annual General meetin and may serve for three wrts)Jtive yedf5 Ixfore retiring from the M8TEaging CoTnm¥ttee for * Iwt one year. The trUSS norn]ally meet fornially & least thtEe times during tk year. They kw the skill UIreMents of the Committee under review End may c04)pt a rnembu wtth pwticular skilLs urtil next AGM when they will offu thonselvLq tsr ele£tion. The Chairnian ensurts that new trustees are givffl appmEYiatr trnining. Oyer the year the trwtees held thr meetings in AugusL lknber and May and Trmain¢d in close cont&t via e-mail througlwt the y. Reference AdmiDistratioA The TSte¢S who served during the year aTe as foll OtTic¢rs Julia Hasler Chair Andrew Crane Trea8urtr Sarah Powell sretary Ros Ivison Communi(ati¢Ms and rntheting (from 3110123) Victoria Summerley Comvnuni(ztions and M¥keting (until 3110123) Depuly Chair Vacanl Mwnbership SErcre/ary Role I0enke ty 4nree Rmber ommittee mth]ttrs RoFth Merrill Mary Simp%)n
CRrencester Choral Society Year ended 31" May 2024 Trustees, Report (continued) Trustees. re8whn$1bilit im relation to the statements. Law applicable to ¢haTities in England and Wales wu1$ the ItUStees to pree financial statements for each financial year which give a true &Rd fair vi¢w of the charity"'s financial activities during the year and of its fanCIal position at the end of the y¢4r. In prepaTing flllancial srtatements giving a true and fair Yiew. the t¢ sh(Id follow best practice and: Seleet suitable accounting policies and apply consistently. Obserye the meth(Mls and principles in the applicable Charities SORP Make judgellJeThts and ¢stimat¢s that ale re&50nabl¢ PTudrt State wheihcr applicable accounting thKlatds and st*ments of twommended practice have been followed Sllbjt to any material depth that must disclosed and explaitd in the financial staiemcnts" atld Prepare the financiaI statements on thc going concern basis unl% it is itwpn)priate to presume the harity will Continue in otmtiotL The trustees responsible for keeping ar£ounting records which disclose with reasonable accurn¢y at any time the financial tA)sition of the charity and to erobl¢ them to ensu that the financial statements comply with the Charities Act 2011. the Charities (Accounts and RepoTts) Regulatx>ns 2015 and the provisions of the constitution. The trustees ate reSnsIble for safeguarding the &qsets of the clwity and hence for taking re&8onable steps for the prevention and detection of frdud and other irKeglllaritie& The Irustees are re5w)nsibl¢ for the Maint and integrity of the charity and firw]ci21 infornlation included on the Charitycommission website in ardance with legislation in the Uniied Kingdom governing the preparatiiTrn and dissfflnlllIOll of financial statcments Appmved by the trustecs and signed their lbalf by: Julia Hasler Chair Date: I. (ktober 2024
Cirencester Choral Society Year ended 31" May 2024 Independent Examiner's Report to the Trustees of the Cirencester Choral Society I report on the OUnts of the Charity for the ye4r end 31" May 2024. which arc set out on p4g¢s 5 and 6. Respectii'e responsibilities of the and exami•er 'I"h¢ Charity s trustees are restminsible for the prepardtion of th¢ financial statements. The Charity's trustees consider thal an audit is not required for this year under sttilon IW2) of the Charities Aul ?01 l (the ?01 I Act) and that independent examination is needed. It is my responsibility to: Examine the accounts under section 145 ofthe 2011 Act To follow th¢ pedureS laid down in the General DIrtionS given by the Charity Commissioners under section 14£(5X) of the 201 l Actr. and To state whether particular mthrs have come to my attffltion. B8sis of Indepeodent Examiner's rewbrt My exatnination was carried out in &L4)rdance WRth the Genera] Directions given bv the Charity Commissioners. An exami[tiOn includes a review of the accounting te¢ords kept by the Charity and a comparison of the accounts presented with th05c rccords. It also includes considerntion of anN' unusual items or disclosures in the accounty and the seeking of explan8tiOTIS from you as tn]stces wncerning any Slich TTtatter5. Th¢ predureS undertaken do not provid¢ all the evidence that would required in an audit and. consequentlv. no opinton ib given &$ to whether th¢ accou] present a tr and fair view- and the reFX)rt is limited to th0 matters set out IKIOW. Independent Ewniner's Stslement In connection with my examin¥0 no matter h&$ come to mv 8llentioD: which gives me re4sonable cause to belTeTr'e. that in any material re5pec( the requirem¢nts to keep accounting rordS in accoTdance with sl 30 of th¢ 2011 Actr. and to PT¢pare accounts which accord with th¢ accounting r8 and to comply with the account1118 requirements of the 2011 Act have been e( or 2 to whiclL my opinio attention should k dftwn in order to enable a proper underStstln8 of the ounts to be reach. David S MiirrdS Chartered Aontallt 2 SawveT Court Upper Siddington Cirencester Gloucestershire I I SefftbeT 2024
CRrencester Choral Society Year ended 31" May 2024 Statement of Financial Activities Membership fee ineomv. Meinbers. subscTiPtiotLS tncome tax refu[$ 12.455 1628 ISO83 5,119 17,144 Concert Receipts: Ticket & pmgramme inwme RefreshmeErt Sales GrantsldoDations 11,626 262 6, 750 1.268 8,OJ 12,734 Mise. illeome: Summer Extension Bring and buy tk)nations Bank interest Social events Refreshments Musiclscarf sales 712 10 428 217 76 270 279 1993 1428 165 30 62 269 526 Totsl i&wni•% rwHiYes 29 Soiryety running eosts: ReheaT3al costs (incl venue. professional fees) Summer Extension Subscriptions and don&io Insurance Refreshmalt Costs Sundry running costs tkpreciation 9,404 1,338 278 269 57 503 300 11,948 592 283 195 300 11,741 conrt expenses: Orchestt?, soloiM conductor. music etc V¢nii¢ hity Publicity. tickets. pmgwm< r¢fTrshtnfflts Perfornitng rights First Aid provision Transfer of L1$1m&S Fwfit 9,489 9. 758 J.159 381 158 1.168 492 747 14135 11,455 Tolxl re8ouTttS ¢4*uled Net intomillg l(otyMg) rw¥r¢fs 3.712 Funds brougbt forward at start of yfdr Funds Carri fornnl at exd of year 1&712 13.0(KJ 14712
Cirencester Choral Society Year ended 31" May 2024 Balance Sheet 3Ji5f2024 31/5/2023 FLxed Sets (staglng & pixno): At cost Additions/{Disposals) Total cost Trallsfer from designated fimd Depreciation 13.244 (10,244) (2.100) 900 Current assets: Debiors Cash at bank and in hand 2835 18.417 21352 5,469 12.1121 17,490 Creditors: Amounts falling du¢ within one y {1208) (1,678) Net ¢urreDt ssets 20.044 15,812 1fj712 The funds of the eh9ritr': Unrestricted Restricted Totsl eb8rity fu1$ 20.644 16, 712 16,712 Approvd by the Committee i)n 13 AugiLSt 2024 and igtd on its Edwlf by: Julia Hasler (Chair).. Andrew Crane (Treasurer).. Notes Èo Accounts l. Acunting Policies a) Basis of Accounting: The accounts hae prepared under the historical Cost conveniion. b) Turnover. Subscripiion5 xre credited to the Inwme and Expenditu Account when received. AII other income is credited in the F¢ri1 to which it rel¢5. 2. Taxation Cirencester Chornl S(Kietv is a Regtettd CRwitv and is not liable to tallo[L
Cirencester Choral SocRety Year ended 31" May 2024 Reference and Administrative Information Registered Charity Numlw. 276649 cOe4K)ndCnCe Address: The Old Sch(K)I Coates Cirencester Gloucestershire GL7 6NN Independent Examiner: Ihvid S Murray 2 Sawyer Court UpFtr Siddington Cirencester GIoustershjre GL7 6NB Bankers: Barclays Bank PIC 28 Market Pl&e Cirencester Gloucestershire GL7 2NP