# **Annual Report and Financial Statements for the Year Ended 31 July 2024** ## **Huntingdonshire Philharmonic** **Charity Commission registration number: 280451** Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Contents** Legal and Administrative Information ............................................................................................................ 3 Trustees’ Report ............................................................................................................................................... 4 Independent Examiner’s Report ..................................................................................................................... 9 Statement of Financial Activities for the Year Ended 31 July 2024 ........................................................ 10 Balance Sheet As at 31 July 2024 ............................................................................................................... 11 Notes to the accounts for the year ended 31 July 2024 ........................................................................... 12 2 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Legal and Administrative Information** **Charity number** 280451 **Start of financial year** 1 August 2023 **End of financial year** 31 July 2024 ## **Trustees at 31 July 2024** **Orchestra section Choir section** Bronwen Rayner (Chair) Bernadette Wong (Secretary) Karen Mason (Treasurer) Tracey Dawes Povl Abrahamsen (from 19 October 2023) Kate Eve Matthew Bradshaw (resigned 19 October 2023) Ges Hartley Peter Downes Jo Richardson (from 19 October 2023) Anne Rees Nicholas Sarkies Rebecca Woolward **Independent examiner** Bruce Gentles 37 High Street Brampton **Bankers** Barclays Bank PLC Huntingdon **Investment Managers** CCLA Investment Management Limited 80 Cheapside London EC2V 6DZ The trustees remained as such up to and including the date of approving these accounts, and were responsible for their approval. The existing trustees may appoint any new trustees following the provisions laid out in the organisation’s governing constitution. Founded: 1977 Founder: Christopher Brown Huntingdonshire Philharmonic is an unincorporated association governed by a constitution. 3 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Trustees’ Report** ## **Review of objectives and activities** Huntingdonshire Philharmonic (the “Society”), also known as Hunts Phil, was established to promote the appreciation by the public of the arts and sciences, and in particular the arts and sciences of music, by the presentation of concerts and other activities. The Society delivers on its objectives by giving performances of choral and instrumental music in Huntingdon and the surrounding area to the highest musical standards attainable by its performing members who are in the main local amateur or professional musicians not engaged principally in public performance alone. In addition to our musical performances, we support the Huntingdonshire Children's Charity "Dreamdrops" (http://dreamdropschildrenscharity.org/), under the umbrella Cambridgeshire Community Services NHS Trust’s charity. This local charity raises funds to provide services and equipment (where it is not covered by NHS public funds) for children being nursed in the local community, children in Hinchingbrooke Hospital, along with families and front-line staff. We continue to support this charity by inviting Dreamdrops members to attend our concerts, where they can sell raffle tickets, hold 'bucket collection' at the end of the concerts, or other fundraising activities. They also help the Hunts Phil by selling programmes. ## **Achievements and performance** In accordance with our objectives, the Society has continued to give performances of choral and orchestral music to a high standard and which have received warm and enthusiastic reviews from our audience, which is mainly drawn from the Huntingdon area and, with the help of our volunteers, we were able to put on a fundraising “Come and Sing” event in January 2023 which attracted some new members to the choir. Six concerts were staged during the year and are summarised in the table below. Concert production and general administration of the Society would not be possible without volunteer help across a wide range of activities. |Date|Concert Type|Venue|Programme| |---|---|---|---| |14 October
2023|Choir and
Chamber
Orchestra|St Mary’s Church,
Godmanchester|_Huntingdonshire Philharmonic Choir and Chamber_
_Orchestra_
_Conductor:_ _Michael Karcher-Young_
Handel
_Zadok the Priest_
J.S. Bach
_Prelude and Fugue in D major,_
_BWV 532 for Organ_
Albinoni
_Adagio for Organ and Strings_
_(arr. Giazotto)_
Mozart
_Requiem Mass in D minor_
_Soloists:_
_Milana Sarukhanyan (Soprano)_
_Alexandria Moon (Mezzo-Soprano)_
_Charne Rochford (Tenor)_
_Seán Purtell (Bass)_
_Ivan Linford (Organ)_| 4 ## Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 |Date|Concert Type|Venue|Programme| |---|---|---|---| |11
November
2023|Orchestra|Hinchingbrooke
Performing Arts
Centre, Huntingdon|_Huntingdonshire Philharmonic Orchestra_
_Conductor:_ _Michael Karcher-Young_
Nicolai Rimsky-Korsakov_Capriccio Espagnol_
Manuel de Falla
_El amor Brujo_
_Soloist: Teresa Karcher (Mezzo-Soprano)_
Jean Sibelius
_Symphony No. 5 in E flat, Op. 8_| |9 December
2023
Christmas
Concert|Joint|Hinchingbrooke
Performing Arts
Centre, Huntingdon|Family Christmas Concert
_Huntingdonshire Philharmonic Choir and Orchestra_
_with Hinchingbrooke School Orchestra_
_Conductor: Michael Karcher-Young_
_Soloists:_
_Nadine Benjamin (Soprano)_
_Dhilan Gnanadurai (Tenor/Baritone)_
_Richard Walmsley (Narrator)_
Gerald Finzi
_In Terra Pax: A Christmas Scene for_
_Soprano, Baritone, Chorus and_
_Orchestra Op. 39_
John Tavener
_The Lamb_
Edvard Grieg
_Peer Gynt Suites 1 and 2_
Howard Blake_The Snowman_
_Performed by Hinchingbrooke_
_School Orchestra (conducted by_
_Kate Cooke)_
Michael Tippett_Five Spirituals_
_from A Child of Our Time_
Traditional Carols
_Sussex Carol ‘On Christmas Night’, arr. Willcocks_
_Good King Wenceslas, arr. Willcocks_
Away in a Manger_, arr. Christopher Brown_
The Twelve Days of Christmas_, arr. John Rutter_
We Wish you a Merry Xmas_, arr. Christopher_
_Brown_| |16 March
2024|Choir and
Chamber
Orchestra|St Mary’s Church,
Godmanchester|_Huntingdonshire Philharmonic Choir and Chamber_
_Orchestra_
Conductor:_Michael Karcher-Young_
Karl Jenkins_The Armed Man:_ _A Mass for Peace_
_Soloists:_
_Tia Lewis (Soprano)_
_Mel Green (cello)_| 5 ## Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 |Date|Concert Type|Venue|Programme| |---|---|---|---| |23 March
2024|Orchestral|Hinchingbrooke
Performing Arts
Centre, Huntingdon|Spring Concert
_Huntingdonshire Philharmonic Orchestra_
_Conductor: Michael Karcher-Young_
Giuseppe Verdi
_Overture to La Forza del Destino_
Rachmaninov
_Rhapsody on a theme of Paganini_
_Soloist:_
_Daniel Rodriguez Hart (Piano)_
Mascagni
_Intermezzo from Cavalleria Rusticana_
Elgar
_Enigma Variations_| |24 June
2024|Joint|Hinchingbrooke
Performing Arts
Centre
Huntingdon|_Huntingdonshire Philharmonic Choir and Orchestra,_
_and Hinchingbrooke School Choir_
_Conductor: Michael Karcher-Young_
Georges Bizet: Carmen
_Soloists:_
_Amar Muchhala (_Don José)
_Rosamond Thomas (_Carmen_)_
_Milana Sarukhanyan (_Micaëla and
Frasquita)
_Sam Young (_Toréador)
_Alexandria Moon (_Mercédès)| ## **Financial Review** ## **Summary** The Society made a loss before investment gains or losses of £(10,131) (2023: profit of £29,771). The profit in the previous year was largely the result of grants and bequests received totalling £36,388 which have not been matched in the current year. The loss is largely driven by aggregate loss of £11,565 on concerts produced during the year, partially offset by the excess of member subscriptions, other donations and gift aid over operational costs. Further details of the significant items from the financial review are provided in the following sections. ## **Concert income: £15,997 (Prior year: £14,090)** Concert income has exceeded budget by £600, reflecting a growth in audience numbers over the prior year. The Society has actively promoted concerts in traditional and social media and offered a range of discounted options to attract the public. Whilst the traditional season ticket scheme has not been offered this year, multiple purchase discounts have been offered through online ticketing and the results indicate that these offers have been successful, together with an exciting and popular programme. ## **Subscriptions: £14,010 (Prior year: £14,608)** Income from membership subscriptions is a vital source of income to fund rehearsal costs and the costs of administration. Due to rising costs, the trustees took the decision to increase the membership subscription to £160 for the year to 31 July 2023 and the subscription was maintained at £160 for the year to 31 July 2024.There has been a small reduction in the number of members, reflected in the reduced income from subscriptions in the current year. 6 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Donations and gifts: £2,387 (Prior year: £2,981)** The trustees are very grateful for the support received from members in the form of additional donations and gifts which are an important supplement to membership subscriptions. ## **Gift Aid: £3,482 (Prior year: £2,821)** Gift aid has been reclaimed on eligible donations as well as eligible membership subscriptions treated as donations. There was a drive to publicise the option to make gift aid declaration, resulting in an increase in the amount that could be claimed in the current year. ## **Grants and Legacies: £Nil (Prior year: £36,388)** In the prior year the Trustees received a bequest from the estate of a former member of the Society and also successfully applied to Huntingdon Freemen’s Trust (the “Trust”) for a grant towards the cost of concert hall hire in Huntingdon. Grant applications made in the current year have not been successful and the Trustees continue to seek opportunities and skills for making successful applications in order to finance the production of concerts. ## **Expenditure on charitable activities: £46,851 (Prior year: £40,555)** ## _Concert expenditure_ Concert expenditure was circa £1,500 higher than budget due to increased hire costs of the concert hall in Huntingdon. The Trustees continue to monitor costs and seek opportunities to make reductions, whilst striving to maintain high quality performances and interesting and varied repertoire. ## _Rehearsal fees_ Rehearsal fees represent fees paid to professional musicians for conducting rehearsals, leading the orchestra and accompanying the choir. Rehearsal fees vary from year to year depending on the number of rehearsals scheduled for each season and reflect the mix of professionals that work with the Society. ## _Choir music hire_ It is the custom for the Society’s choir members to contribute to the cost of hire of vocal scores. During the year, hire costs for vocal scores totalled £571 (prior year: £297) and choir members contributed £444 (prior year: £292) towards these costs. ## _Termination payment_ At the end of the season, the Trustees and Musical Director agreed to terminate the contract, with a termination payment amounting to £2,040. ## **The Future** The Trustees acknowledge the excellent musicianship and commitment of the Musical Director throughout the two years of his contract with the Society and extend thanks for his dedication and service. Looking ahead, after considering the membership profile, the Trustees decided to take this opportunity to change direction and to revert to a previous model whereby there will be separate conductors for the choir and the orchestra. The focus is on retaining and improving membership numbers, and controlling costs so that the bequest which the Society was fortunate to receive can be preserved, thus ensuring there is opportunity to further our charitable aims of promoting appreciation of the arts and sciences of music to the public, with a particular emphasis on attracting new audiences and young people especially. 7 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Investment powers** These are governed by the Society’s Constitution which permits funds to be invested at the discretion of the Trustees. ## **Reserves** The Society’s reserves at 31 July 2024 stand at £39,651 (prior year: £49,506). The reserves policy operated by the Society is to maintain reserves at an amount to cover 12 months of operational expenditure, which excludes concert expenditure. The Trustees regard this as a prudent provision. 8 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Independent Examiner’s Report** ## **Independent Examiner’s Report to the Trustees of Huntingdonshire Philharmonic** I report on the accounts of the charity for the year ended 31 July 2024 which are set out on pages 10 to19. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s 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; - follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **Basis of independent examiner’s 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 a 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 concerning 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 statement below. ## **Independent examiner’s statement** 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 section130 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 reached. Bruce Gentles 37 High Street Brampton PE28 4TG 13 October 2024 9 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Statement of Financial Activities for the Year Ended 31 July 2024** |**_Notes_**
**Incoming resources**
3
Donations and legacies
Charitable activities – concert income
Other income
Income from investments
Material legacy
**Total**
**Resources expended**
4
Expenditure on raising funds
Expenditure on charitable activities
Material expense – termination payment
Other costs
**Total**
**Net income /(expenditure) before investment gains /**
**(losses)**
Net gains /(losses) on investments
8
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Total funds carried forward
12|**All**
**unrestricted**
**and restricted**
**funds**
**£**
19,879
15,997
1,307
1,047
-
**38,230**
425
44,811
2,040
1,085
**48,361**
(10,131)
276
(9,855)
49,506
39,651|**Prior year**
**funds**
**£**
22,010
14,090
1,020
443
34,788| |---|---|---| |||**72,351**
1,162
40,555
-
863| |||**42,580**| |||29, 771| |||(71)| |||29,700
19,806
49,506| The notes on pages 12 to 19 form part of these financial statements. 10 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Balance Sheet As at 31 July 2024** |**_Notes_**
**Fixed assets**
Tangible assets
7
Investments
8
**Total fixed assets**
**Current assets**
Debtors
9
Investments
8
Cash at bank and in hand
11
Total current assets
Creditors: amounts falling due within one
year
10
**Net current assets**
**Total net assets**
**Funds of the Charity**
Unrestricted funds
12
Total funds|**All unrestricted**
**and restricted**
**funds**
**At 31 July 2024**
**£**
-
3,886
**3,886**
542
10,245
28,236
**39,023**
3,258
35,765
39,651
39,651
39,651|**All unrestricted**
**and restricted**
**funds**
**At 31 July 2023**
**£**
-
3,610| |---|---|---| |||**3,610**
510
9,637
36,833| |||**46,980**
1,084| |||45,896
49,506| |||49,506| |||49,506| The notes on pages 12 to 19 form part of these financial statements. The financial statements were approved by the Trustees on 18 September 2024 and signed on their behalf by: Bronwen Rayner, Chair Karen Mason, Treasurer 11 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Notes to the accounts for the year ended 31 July 2024** ## **1. Basis of preparation** ## **1.1. Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. These accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. ## **1.2. Going concern** The trustees have reviewed the budget for the year and are satisfied that there is sufficient funding in place for the charity’s activities over the next twelve months. The budget assumes that sufficient volunteers are available to support the Society in carrying out administrative and concert management activities and the Trustees continually strive to ensure there are sufficient volunteers to support these activities. ## **2. Accounting policies** ## **2.1. Income** ## **Recognition of income** These are included in the Statement of Financial Activities (SOFA) when: - 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 ## **Incoming Resources with related expenditure** Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## **Grants and donations** Grants and donations are only recognised in the SOFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). 12 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. ## **Tax reclaims on donations and gifts** Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. ## **Volunteer Help** The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. ## **Donated Goods** Gifts in kind for use by the charity are included in the SOFA as income from donations when receivable. ## **Income from interest and dividends** This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. ## **Income from membership subscriptions** Membership subscriptions received in the nature of a gift are recognised in **Donations and Legacies** . ## **Investment gains and losses** This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **2.2. Expenditure and Liabilities** ## **Liability recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. ## **Governance costs** Governance Costs include the costs of the trustees’ meetings. 13 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **2.3. Assets** ## **Tangible fixed assets for use by the charity** These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost. Depreciation is calculated at a rate to write off the costs of tangible fixed assets on a straight line basis over their estimated useful lives. The rates applied per annum are as follows: Instruments: 20% reducing balance Equipment: 20% straight line ## **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. ## **Debtors** Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. ## **Current asset investments** The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Bank deposits are held at the cash amount of the deposit. 14 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **3. Analysis of income** |**Donations and legacies**
Donations and gifts
Gift aid
Legacies
General grants provided by other charities
Membership subscriptions which are in
substance donations
**Total**
**Charitable activities – concert income**
Concert ticket sales
Season ticket income
Other concert income
**Total**
**Other income**
Fundraising
Sale of music, choir folders and related items
**Total**|**31 July 2024**
**All unrestricted and**
**restricted funds**
2,387
3,482
-
-
14,010
**19,879**
**31 July 2024**
**All unrestricted and**
**restricted funds**
15,512
-
485
**15,997**
**31 July 2024**
**All unrestricted and**
**restricted funds**
637
670
**1,307**|**31 July 2023**
**All unrestricted and**
**restricted funds**
2,981
2,821
34,788
1,600
14,608| |---|---|---| |||**56,798**| |||**31 July 2023**
**All unrestricted and**
**restricted funds**
12,229
809
1,052| |||**14,090**| |||**31 July 2023**
**All unrestricted and**
**restricted funds**
600
420| |||**1,020**| Sales of music, choir folders and related items includes £444 (Prior year: £292) in contributions from the choir towards the cost of vocal score hire. |**Income from investments**
Interest income
Other
**Total**
**Total Income**|**31 July 2024**
**All unrestricted and**
**restricted funds**
926
121
**1,047**
**38,230**|**31 July 2023**
**All unrestricted and**
**restricted funds**
339
104| |---|---|---| |||**443**| |||**72,351**| 15 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **4. Analysis of expenditure** ||**31 July 2024**|**31 July 2023**| |---|---|---| |**Expenditure on charitable activities**|**All unrestricted and**
**restricted funds**|**All unrestricted and**
**restricted funds**| |Concert expenses|27,562|25,040| |Hire of rehearsal room|1,935|1,900| |Rehearsal fees|14,418|13,255| |Purchase of music and related items|796|360| |Other expenditure|100|-| |**Sub-total**|**44,811**|**40,555**| |Material payment – termination payment|2,040|**-**| |**Total**|**46,851**|**40,555**| |At the end of the season, the Trustees and Musical Director agreed to terminate||the contract, with a| |termination payment amounting to £2,040.||| Purchase of music and related items includes £571 (Prior year: £297) for the cost of vocal score hire. |**Expenditure on raising funds**
Staging fundraising events
Advertising, marketing and publicity
**Total**
**Other costs**
Governance costs
Making music subscription and insurance
PRS fees
**Total**
**Total expenditure**||**31 July 2024**
**All unrestricted and**
**restricted funds**
**168**
257
425
**31 July 2024**
**All unrestricted and**
**restricted funds**
195
563
328
**1,086**
**48,362**||**31 July 2023**
**All unrestricted and**
**restricted funds**
860
302| |---|---|---|---|---| |||||**1,162**| |||||**31 July 2023**
**All unrestricted and**
**restricted funds**
217
418
228| |||||**863**| |||||**42,580**| ## **5. Fees for examination of the accounts and tax advisory fees** Fees for examination of the accounts: £Nil (2023: £Nil) Tax advisory fees: £Nil (2023: £Nil) 16 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **6. Employee costs** The charity has no employees. Professional musicians are engaged on a contractual basis. ## **7. Tangible fixed assets** |**At cost or valuation**
At the beginning and end of the year
Depreciation at the beginning and end of the year
**Net book value at the beginning and end of the year**|**Instruments**
**Equipment:**
**Total**
**£**
**£**
**£**
6,354
998
7,352
6,354
998
7,352
-
-
-| |---|---| ||-
**-**
**-**| Instruments were purchased prior to 2004. Equipment was purchased prior to 2018.The full value of all fixed assets has been depreciated to £nil. ## **8. Investment assets** ## **8.1. Fixed asset investments** |**Carrying fair value at the start of the period**
Add: Additions during the period
Less: Disposals at carrying value
**Add / (deduct)**:net gain/ (loss) on revaluation
**Carrying fair value at the end of the period**|**Investment funds**
**£**
3,610
-
-
276
**3,886**|**Total**
**£**
**3,610**
**-**
**-**
**276**| |---|---|---| |||**3,886**| The charity has a fixed asset investment in the COIF Charities Investment Fund. All fixed asset investments are held at fair value, being the bid market value at the end of the accounting period. ## **8.2. Current asset investments** |**Analysis of current asset investments**
Cash and cash equivalents
**Total**|**31 July 2024**
**£**
10,245
**10,245**|**31 July 2023**
**£**
9,637| |---|---|---| |||**9,637**| The charity has a current asset investment in the COIF Charities Deposit Fund. 17 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **9. Debtors and prepayments** |**Analysis of debtors**
Prepayments and accrued income
**Total**
**10. Creditors and accruals**
**Analysis of creditors and accruals**
Trade creditors
Other creditors
**Total**
**11. Cash at bank and in hand**
Business savings account
Current account
Cash
**Total**
**12. Charity funds**
**Fund**
**names**
**Type**
**Fund**
**balances**
**b/f**
**Income**
**£**
**£**
General
Unrestricted
49,506
38,230
**49,506**
**38,230**|**Analysis of debtors**
Prepayments and accrued income
**Total**
**10. Creditors and accruals**
**Analysis of creditors and accruals**
Trade creditors
Other creditors
**Total**
**11. Cash at bank and in hand**
Business savings account
Current account
Cash
**Total**
**12. Charity funds**
**Fund**
**names**
**Type**
**Fund**
**balances**
**b/f**
**Income**
**£**
**£**
General
Unrestricted
49,506
38,230
**49,506**
**38,230**|**31 July 2024**
**£**
542
**542**
**31 July 2024**
**£**
820
2,438
**3,258**
**31 July 2024**
**£**
27,373
652
211
**28,236**
**Expenditure**
**Transfers**
**£**
**£**
(48,361)
-|**31 July 2023**
**£**
510
**510**
**31 July 2023**
**£**
-
1,084
**1,084**
**31 July 2023**
**£**
24,000
12,833
-
**36,833**
**Gains**
**and**
**losses**
**Fund**
**balances**
**c/f**
**£**
**£**
276
39,651| |---|---|---|---| ||**49,506**
**38,230**|**(48,361)**
**-**|**276**
**39,651**| The charity has one general, unrestricted fund. The funds are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and have not been designated for other purposes. 18 Huntingdonshire Philharmonic Annual report and financial statements for the year ended 31 July 2024 ## **13. Related party transactions** There have been no related party transactions during the period that require disclosure (2023: £Nil). ## **14. Summary concert analysis** |**Concert income:**
Ticket sales
Programme sales
**Total concert income**
**Concert expenses:**
Conductor/ leader/
soloists
Orchestra extras
Music hire
Instrument hire
Venue hire
Printing and sundries
**Total concert**
**expenses**
**Net concert profit**
**/(loss)**|**October**
**2023**
**Choir**
**November**
**2023**
**Orchestra**
**December**
**2023**
**Christmas**
**March**
**2024**
**Choir**
**March**
**2024**
**Orchestra**
**June**
**2024**
**Carmen**
**Total**
£
£
£
£
£
£
£
1,365
1,676
2,780
2,487
3,552
3,652
15,512
1
60
104
113
97
110
485| |---|---| ||**1,366**
**1,736**
**2,884**
**2,600**
**3,649**
**3,762**
**15,997**| ||2,000
1,050
1,300
630
1,280
2,582
8,842
-
715
515
430
1,040
590
3,290
67
1,271
399
534
599
250
3,120
-
482
10
51
26
-
569
300
1,821
2,318
310
2,532
2,849
10,130
291
151
403
238
248
280
1,611| ||**2,658**
**5,490**
**4,945**
**2,193**
**5,725**
**6,551**
**27,562**| ||| ||**(1,292)**
**(3,754)**
**(2,061)**
**407**
**(2,076)**
**(2,789)**
**(11,565)**| 19