2022-07-31-accounts - St Albans Bach Choir

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					Unrestricted	Unrestricted	Total	Total
					General	Designated	Unrestricted	Unrestricted
				Note	Funds	Funds	2022	2021
Income:					E	f	f	f
Subscriptions				2	28,214		28,214	955
Legacies and donations				3	78		78	1,555
Interest					120		120	15
Taxation recovered	from		Gift Aid		5,957		5,957
Major concerts				4	34,685		34,685
Carol concert					13,560		13,560
Other income				5	1,088		1,088	708
Total income					83,702		83,702	3,233
Expenditure:
Charitable Ex enditure
Major concerts					92,060		92,060
Carol concert					10,875		10,875
Honorarium								11,940
					102,935		102,935	11,940
Mana ement and	Administration
Administration costs								288
Subscriptions and	affiliatiori fees				734		734	725
Audition costs					471		471
Singing lessons and workshops				(net)	385		385	1,050
Website and )T					329		329	249
Sundry expenses					363		363	18
Total expenditure					105,217		105,217	14,270
Net expenditure/income gains on investments			before		(21,515)		(21,515)	(11,037)
Gains on investments				10	798		798	7,774
Net expenditure/income					(20,717)		(20,717)	(3,263)
Transfer between	funds				4,000	(4,000)
Net movement in	funds				(16,717)	(4,000)	(20,717)	(3,263)
Total funds brought		forward			108,577	10,750	119,327	122,590
Total funds carried	forward			13	91,860	6,750	98,610	119,327

						2022		2021
				Note
Fixed assets
Floodlighting	and music stands		at cost		658		658
Less accumulated		depreciation			(658)		(658)
Investments:	COIF	Investment	account	10	47,914		47,116
						47,914		47,116
Current assets
Stock of music					626		626
Debtors					7,794		16,589
Cash at bank: Lloyds Treasurers			account		3,493		3,286
Cash at bank: COIF Deposit account					42,099		53,980
Cash in hand
					54,012		74,481
Creditors: amounts		falling due	within	12			(2,270)
one year
Net current	assets					50,696		72,211
Net assets						98,610		119,327
Accumulated	funds
Unrestricted	general funds			13		91,860		108,577
Designated	funds			13		6,750		10,750
Total charity funds				14		98,610		119,327

NOTES TO THE ACCOUNTS (continued)	NOTES TO THE ACCOUNTS (continued)	NOTES TO THE ACCOUNTS (continued)
3.	Donations		Unrestricted	Designated	Total	Total
			Funds	Funds	2022	2021
	General donations				78	55
	Legacies					1,500
			78		78	1,555
4.	Major Concerts		Note	Gross	Expenses	Deficit
				income
	November 2021 —Bach Christmas	Oratorio.	4a	10,256	(27,836)	(17,580)
	April 2022 —BachStJohn Passion		4b	8,708	(29,016)	(20,308)
	July 2022 —Mendelssohn StPaul		4c	15,721	(35,208)	(19,487)
				34,685	(92,060)	(57,375)

NOTES TO THE	NOTES TO THE	ACCOUNTS (continued)	ACCOUNTS (continued)	ACCOUNTS (continued)
4c.	July 2022 —Mendelssohn		StPaul			Jul 2022
	Ticket sales					7,374
	Less: commission					(840)
						6,534
	Programmes	(including	adverts)			688
	Sundry income —music sales (net)					199
						7,421
	Conductor				1,300
	Orchestra				20,292
	Solo ists				3,241
	Instrument	hire			128
	Music hire				363
	Venue hire				3,516
	Design and	printing			810
	Publicity				415
	Rehearsals:	Conductor			2,025
	Rehearsals:	Accompanist			952
	Rehearsals:	Venue hire			1313
	Miscellaneous expenses				13
						(34,368)
	Deficit					(26,947)
	Contribution	from StAlbans Cathedral		Music Trust		7,460
						(19,487)

NOT	ES TO THE AC	CO	UNTS	(continued	)
5.	Other income					2022	2021
	Folders					116
	Celebration choir					713	490
	Amazon/easyfundra		ising			259	218
						1,088	708
6.	Honorarium					2022	2021
	Conductor						9,100
	Accompanist						2,840
						11,940
	These payments	represent		compensation	for loss of income	by the conductor and accompanist	for
	the 2020-21season.
7.	Sundry expenses					2022	2021
	Social events					261
	Other sundry expenses					102	18
						363	18

	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	The designated funds comprise: 6250 (of a total of 6750) received from the Mercers'	Company to	Company to
	promote the use ofYoung Artists, a legacy off1,000from a former			member's	family		which	will be
	ear-marked to use to promote Young Artists and legacies		from former members			which	will	be used
	for a future concert	of music by JS Bach. 64,000 from the Berdinner		Legacy was		used	towards the
	cost ofthe Bach StJohn Passion concert in April 2022.
13.	Movement of Funds	—comparative figures
		Net income/ (expenditure) Balance at 1"August 2020	Transfer offunds	Gain on Balance at investment 31"July 2021
	Unrestricted funds
	General fund	113,340 (12,537)		7,774				108,577
	Designated funds
	Mercers' Company	250						250
	Bell Legacy	1,000						1,000
	Berdinner Legacy	8,000						8,000
	Roberts Legacy	1,500						1,500
		122,590 (11,037)		7,774				119,327

	Analysis	of Net Assets between	Funds	Unrestricted	Designated	Total
				Funds	Funds	Funds
,	Current	assets		95,176	67,50	101,926
	Current	liabilities		(3,316)		(3,316)
	Balance	at 31"July 2022		91,860	6,750	98,610
	Analysis	of Net Assets between	Funds —comparative	figures
				Unrestricted	Designated	Total
				Funds	Funds	Funds
	Current	assets		110,847	10,750	121,597
	Current	liabilities		(2,270)		(2,270)
	Balance	at 31"July 2021		108,577	10,750	119,327

TO THE ACCOUNTS (continued	TO THE ACCOUNTS (continued	TO THE ACCOUNTS (continued	TO THE ACCOUNTS (continued	)	)
Statement of Financial Activities 2021				Unrestricted		Unrestricted		Total
				General	Funds	Designated	Funds	2021
Income:					E		E	f
Subscriptions					955			955
Donations					55		1,500'	1,555
Interest					15			15
Taxation recovered			from Gift Aid
Major concerts
Carol concert
Other income					708			708
Total income					1,733		1,500	3,233
Expenditure:
Charitable Ex enditure
Major concerts
Carol concert
Honorarium					11,940			11,940
					11,940			11,940
Mana ement and		Administration
Administration	costs				288			288
Subscriptions and		affiliation fees			725			725
Audition costs
Singing lessons	(net)				1,050			1,050
Website					249			249
Sundry expenses					18			18
Total expenditure					14,270			14,270
Net expenditure investments	before gains on			(12,537)			1,500	(11,037)
Gains on investments					7,774			7,774
Net expenditure				(4,763)			1,500	(3,263)
Transfer between		funds
Net movement	in	furids		(4,763)			1,500	(3,263)
Total funds brought			forward	113,340			9,250	122,590
Total funds carried forward				108,577			10,750	119,327