ST ALBANS BACH CHOIR REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31"JULY 2025 Re8lStered Charity No: 285602
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 CONTENTS Charity information Trustees, Report Independent Examinerfs Report Statement of Financial Activilie5 8alance Sheet Ntsits to thè accounts 8-20
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 CHARITY INFORMATION Trustees l Burke J Chandler-smith C Granby Iresigned 30" September 20241 A Howse P Parr lappointed 30, September 20241 N Salisbury M G Spencer Ire5igned 30 Septernber 20241 C Stephenson A Stevens Prlnclpal Addre 3 Popes Road Abbots LaThglev Hertfordshiie W05 OEY Charfty Reglsiratlon Number 285602 Independent Examlner Steve Roblnson FCA Mercer & Hole LLP Chartered Accountants The Pinnacle 170 Msdsummer 8oulevard Milton Keynes MK9 IBP Prlnclp?18ankers Lloyd5 Bank plc 67 High Streèi Watfofd Herts WD17 2DU COIF Charitles Deposit Fund CCLA Investment Mana8ers Limited One Angel Lane London EC4R 3AB
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31" JULY 2025 TRUSTEES. REPORT The trustees present their annual report with the financial statements of the charity for the year ended 31, July 2025. Constbtutlon and objerts for the publk benefft The charity Is 8overned by ils constitution. last revised in June 2024. The constitution contains no restrictions. It is administered bya committee. members of which are elected ètthe Annual General Meeting to serve for a minimurn of three yeafs. Committee members are recruited from the membership of the cholr and act as the charivs trustees. Induction training is provided for all new trustees. The trustees conflrm that they have made relerènte to the guidance of the Charities Commission general 8uidance on public benefits when rewewine their aims, objecti4es and fvture actiwties of the charlty. The object5 of the charity are to improve public appreciation of music thrgu8h choral concerts. ReeW of the Development. A¢tMtles and Achlevements of the Charlty. and how the Charlty dell¥er$ wbllc benefit The surplus forthe year amounted to £10.365. During the season the choir performed three major concerts, their annual Christrnas Cgncerts and took part in the 33 St Albans International Organ Festival. The choir continued its policy of supportin8 youn8er members by waNing subscflptitins and providing free music. Resèr¥es The ac¢umulated lunds as at 31. Juty 2025 were £104,914 of which £1,250 related to deslgnated funds. The trustees have determined that an approprlaie level of avallable reserves should be equivalent to at least twelve months, expenditure. Investments The charitvs constitutb?n requiTe5 its assets to be invested In Great Britaln. In bank a¢Unts OT safe interest- bearing securities.
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 TRUSTEES. REPORT {continued) Major rlsks The trustees have taken steps to identify the major risks to which the charity is exposed. and systems have been e5tsbli5hed to rnitate those risks. Future Development The Choir's CenteTrary year concluded in December 2024 and following the retirement of Andrew Lucas in July, the choir welcomed its new condudor, William Fox. in September 2024. Trustee5' Respon51bllltles In relatlon to the Fln•nd•l Ststements The trustees are responsible for preparing the Trustee5' Report and the financial statements in zccordance with applicable law and United Kin8dom Accountin8 Standards. The law applicable to charities in England and Wales requires the trustees to prepare financlal staternents for each financial year which 8ive a true and fair view of the state of affairs of the charity and of the incomin8 resourtes and appllcation of resourttsolthe charitytor that period. In preparin8 these f4nancial staternents. the trustees are required to.. Select suitable accountln8 polkles and then apply thern ton51Stently: Make jud8ements and estimates that are reasonable and prudent; Observe the method5 and principles in the Charities SOAP 2019 IFRS 1021,. State whether applicable accounting standards have been followed. subjeth to any mateflal departures dlsclosed and explained in the financial statements: Prepare the financial statements on the going concern basls unless li is inapproprlate to presume the charlty wlll continue in operation. The trustees are responsible for keepin8 a¢couniin8 records which disc105e with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial ststements complv wlth the Charities Act 2011 and the provision5 of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking aSOnable steps for the prtvtntion and detectknn of fraud and other irre8ularities. Si8ned on behalf of the trustees ,,(a N Salisbury C Stephenson 2 September 2025
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF ST ALBANS BACH CHOIR I report to the charity trusiees on my examination of thè accounts of the charity forthe year ended 31 lulv 202S which are set out on pages I to 20. Responslbllltles and ba515 ol repryl As the charitvs trustees you are lesponsible for the preparation of ihe accounts in a¢¢ordance with the requirernents of the Charitie5 Act 20111.the ACVI. I report in respett of my examination of the charity's accounts caryied out under section 145 of the Act and In tarrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. l eonfiim that no material rnatter5 have come to my attention in connection with the examination givin8 me cause to believe that in any material respect.. accounting records were not keo In respeu of the charity as QuIred by section 130 of the Act., or the accounts do not accord with those records or the accounts do rtot comply with the appli¢able reouirements cOnrnin8 the fomi and content of a¢counts stt out in the Charities IAccounts and Reports) Re8ulations 2LN)8 other than any requirement that the actounts give a'true and lasr view, which 15 not a matter considered as part ol an Independent examination. I have no concerns and have come across no other matters in connection with the examination to which attentlon should be drawn In thls report in order to enable a proper understandin8 of the accounts to be reached. Steve Robinson FCA Mercer & Hole LLP The Pinnacle 170 Midsummer 8oulevard Milton Keynes MK9 18P Date 28 Noveft*er 2025
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 STATEMENT OF FINANCIAL AcfiviTIES Unreslricled Unrestrirted Total Total General Designated Vnrestrlrted Unrestrlcted Funds Funds 2025 2024 Incorne: Subscrtption5 Le8acies and donations Interest TaxatSon recovered from Gift Aid Carol concert Major concerts Other income 41,422 41,422 43.243 ioi 2.245 8.106 12.468 60.334 1,474 2,059 8.010 15.204 39.797 179 2.059 8,010 15,204 39.797 179 Total Intt*mè 107.671 107,671 127.971 EXPendre. Charitable Ex Carol tontert Major concerts Centenary events and book ndi ur 13.854 BO,349 13,854 80.349 12.7C 111,701 2,146 94,203 94.203 126,547 Mana ement and Administration Subscrlplions and afflllatlon fees Auditlon costs 5ingin8 le350ns and workshops Inetl Website and IT Andrew Lucas retirement events Sundry expen5e5 815 429 944 356 815 429 787 581 474 296 741 1,403 356 1,207 1.207 Total expendSture 97,954 97.954 130,829 Net expendlture betore 8aln5 on Investments Gains on investments 9.717 9.717 12,8581 li 5.105 Net èxpènditurèllntome Transfer between funds 10,365 10.365 2,247 Net movement in funds Total lunds brou8ht loiward 10.365 93.299 10,365 94,549 2,247 92,302 1.250 Totsl funds rfed fward 14 103.664 1.250 104,914 94,549 The note5 on pages 8 to 20 lorm part of these accounts
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 BALANCE SHEET 2025 2024 Flxed assets Floodlighting and music stands at cost Less aCCLbmulated depreciation 658 658 16581 16581 Inve5tments.' COIF Investment account li 54.123 53,475 54.123 53.475 Cumnt assets Stock ol musSt 626 626 Debtors 12 967 4.942 6,295 29.976 Cash at bank.. Lloyds Treasurèrs attount Cash at bank.. COIF Deposk atUnt Cash In hand 4.125 47.035 52,753 41.839 Credliois: amounts falllrrf due wlthln one year 13 11.9621 17651 Net current assèts 50.791 41,074 Net assets 104,914 94,549 Accumulated funds Unrestricted general funds Designated funds 14 103.664 1,250 93,299 1,250 14 Total charlty fund5 15 104.914 94,549 Approved by the Board of Trustees and srgned on its behalf by C Stephenson 2 September 2025 The notes OTh pa¢e$8 10 20 form part ofthese accounts
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 NOTES TO THE ACCOUNTS AontIng poll¢les The account5 have been prepared in accordance with Accounting and Reporting by Charitie5'. Statement of Recommended PractitÈ applit3ble to charities preparing their attount5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (issued in October 20191- (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charlties Act 2011. Assets and liabilities are initiallv recognised at historic cost or tran53Ction value unless othefwise stated in the relevant accountin8 policy note. The financial siatemenis have been prepared to give a 'true and lairf view and have therefore necessarily departed from the extsnt Charities IAccount5 and Reports) Regulations 2008 only to the extent required to provide a 'true and fairf view. This departure has involved following the Statement of Recommended Practice: Accounting ènd Reportin8 by Charities applicable to charities preparing their linantial statements in accordance with the Flnancial Reporting Standard applicable In the UK and Republic of Ireland (FR5 1021 issued on 16 July 2014 rather than the Statement of Recommended Practice.. Accounting and Reporting by Charities effective from l April 2005, which has since been withdrawn. The charlty meets the definiti'on ol a publK beneflt entlty under FRS 102. All expenditure is accounted for on an accruals ba51s and has been classifled under headln8s that aggregate all costs to that category. GOI Concern At the time ol approvtng the financial statements, the trustees have a rea50nable expertatlon that the charity h35 adequate resources to continue in operational existence for the loreseeablè luturt. Thus the trustees continue to adopt the 8oin8 concern basis of accounting in preparin8 the financlal statements. Income Voluntary income Includlng donatlons are recogni5ed where there Is entitlement. tertainty of receipt and the amount can be measured with suffKient rellability. Sub5CTlPtion income 15 reco8Trised when receNed from members. toncert in¢ome tepresent5 the 8ross receipts. A breakdown of the inwme and expendlture forea¢h concert is shown in the notes to the acounts. Expenditure and IrrKoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obli8atlon can be measured reliablv. Irrecoverable VAT is char8ed as a c05t against the for which the expenditure was incurred.
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31" JULY 2025 NOTES TO THE ACCOUNTS (continued) Accounting pokies {continuedl Invtstmtnts Investments in equity instr¢Jments which are not subsidiaries. a550ciate5 or joint ventures, are initially measured at fairvalue. which Is normallythe transaction price. Such assets are subsequently carried at lair value and the changes in fair value are recognised in the profit and Ios5 accounts. Flxed assets Individual fixed assets costin8 £5 or more are capitali5ed at C05t and are depreclated over theSr estimated useful economit lives on a Straight line basts as follows.. Floodlighting and music stands Syea Stock Stock 15 included at the lower of cost or rtallsable value. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after takin8 into account of any trade discounts offered. Cash at bank and In hand Cash at bank and cash in hand includes cash ènd short term highty liquid inve5trnent5 wSth a short maturity of three months or lèss Irom the date of acquisition or openin8 of the deposit or sSmilar account. Flnanclal Instruments The charity only has financial Ilabilities ol a kind that qualify 35 basic financial instruments. Baslc financial instruments are Initialty recognistd at transaction value and subsequently measurèd at their settlement value. Credltors and provlslons Creditors and provisions arè rècognised where the chartty has a present obli8ation resultin8 from a past event that will probably result in a transfer of fvnds to a third party and the amount due to settle the obligation cart be measured or estimated reliably. Creditors and provisions are norrnally recognised at their settlement amount after allowing lor any trade discLiunt5 due. Substtiptions 2025 2014 Singers Friend5 38082 40.218 3,025 41.422 43,243
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOU5 (continued) Donations Unrestricted Dtsignated Funds Funds Totsl Totsl 2025 2024 General dgnation5 Legacies ioi ioi Carol concerts De¢ 2024 Tickets sales 14,734 11,7681 Le5s.' commission 12,966 355 Sundry Intome- mu51c sales Sundry income- flowers and candles 115 13,436 Conductor 1,160 1,600 769 8rass Quintet Organist Pianist 215 Vènu• tosts 4.626 Music purchases Desl8n and priniing Publicity flehearsals 777 87S 1,870 194 Miscellaneous expenses 112.0861 Surplus 1,350 io
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS Icontinuedl Malor Concerts Note GfOSS Expenses Deficlt InMe November 2024- Rossini Petite Messe Solennelle AprS12025- Hundel Messioh June 2025- Hoydn Nelson Muss ond Viwjldi Glorio july 2025- IOFBeethoven Psymphonv 11,963 119.2591 17.2961 5b 16,702 129,2911 112,5891 Sc 10.624 129,3011 118.5771 Sd 12,4981 11.9901 39,797 180,3491 140,5521 li
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS (continued) 5a. November 2024- RossiniPetite Messesolennelle Nov 2024 Tlcket sales 11,039 11,3251 Less.. commission 9.714 644 Programmes lincluding adverts) Sundry income- music sales 280 10.638 Condurtor 1,160 1,520 Pianists and Hannonium Soloists Instrument hlre Chorus tenors 1,329 175 Muslc hlre 199 Venue hlre 5,226 870 Oe51gn and println8 Publititv Rehearsals.. Conductor 755 1.620 840 Rehearsals.. Accompanlsi Rehearsals.. Venue hire 1,280 Rehèatsals.. Vocal coach Miscellaneous expenses 160 117,9341 Dèfitit 17,2961 12
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 ST NOTES TO THE ACCOUNTS (contlnued) 5b. April 2025- Hondelmessloh Apr 2025 ricket sales 15,762 11,8911 Less.. commission 13,871 856 Programrnes (including adverts) Sundry income- music sales 84 14.811 Condurtor 1,160 11,999 3,1(K) 251 Orchestra Soloists Instrument hlre ChoTUS tenors Muslc hlre 175 77 Venue hlre Design and printlng Publicitv Rehearsals.. Condurtor 745 2.025 924 Rehearsals.. Accompanist Rehearsals.. Venue hirè Reheaisals.. Language ¢oach Mi5cellaneou5 expenses 127,4001 Dèfitit 112,5891 13
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31" JULY 2025 NOTES TO THE ACCOUNTS Icontinued) 5¢. June 2025- Huydn Nelson Mass and Vivakli Glorl Jun 2025 Tlcket sales 9,415 11.1301 Less.. commissSon 8.285 787 Pro8rammes (including adverts) Sundry income- music sales 422 9.494 Conductor 1,160 13.009 Orchesira Soloisis 3.225 455 Instrument hlre Music hire 316 Venue hire 4,916 870 Design and prlntinB Publicitv Rehearsals.. Conduttor 815 1,377 714 Rehearsals.. Ac¢ompanlst Rehearsa15'. Verbue hire 1,314 Rehearsals.. Votal toa¢h Miscellaneous expenses 128.1711 Deficit 118,6771 14
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 NOTES TO THE ACCOUNTS (continued) Sd. July 2025- IOF Beethoven 9" Symphony Jul 2025 Sundry income- muslc sales 508 Rehearsals: Conductor 810 Rehearls- Accompanist Rehear5als.' Venue hire 336 525 Rehearsals.. Language toach Muslc hire 225 327 Chorus soprano 275 12,4981 Oefi¢lt 119901 Other Incom• 2025 ZOZ4 Foldèrs 63 196 Celebration choir Amazonleasylundraising Social events Mis¢ellaneous income 57 128 59 250 179 1.474 Audltbon expenses 2025 2024 NÈW members 429 S81 Re-auditions 429 581 15
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 NOTES TO THE ACCOUNTS (continued) Sundry expenses 2025 2024 Soclal and Patrons events 380 Folders 345 Advertisin8 Vocal coach 250 340 Other sundry expen5e5 357 338 1,207 1.403 Trustee remuneratk+n and expenses. and th* c95t of key m)na8ement personnel None of the trustee5 received any remuneration nor any relmbursement for expense5. The key managèment personnel of the charity compnse the trustees onty. Thè total ernployee beneflts of the key management personnel ol the charity wert £nil12024.. Enlll 10. Stsff Numbers No staff We employed by the charity in the yeaf12024.' nil) 11. Flxed asset Investments Imiestm•nt$ other than loans Valuatlon at I" August 2024 Addit¢orbS S3.475 Fair value adjustments DksposaLs 648 Valuation at 31" July 2025 54.123 16
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS (continued) 12. Debtors 2025 2024 Prepayments and ateruÈd income 967 4,942 967 4,942 13. Credltors.. Amounts fall1 due wlthln one year 2025 2024 Trade creditors Deferred intomè 1,962 765 1,962 765 17
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2025 NOTES TO THE ACCOUNTS (contlnued) 14. Movement of Fund5 Balae ai I" August 2024 Net Int¢vnel Transfer Gain on {expendlture) of fvnds Investment5 Balance at 31" July 2025 Unrestrlrted funds General fund 93,299 9.717 648 103.664 Designated funds Mercer5' Company Bell Le8aCV Berdinner Leg3ry Roberts Legacy 250 250 94.549 9,717 648 104,914 The desleftattd funds comprlse= £250 lof a total of £7501 recefved frorn the Mercers, Company to promote the use of Youn8 Artists and a leKa(v of £l.(K)O from a former memberfs family which will be ear-marked to use to prornote Young Artlsts. Movement of Funds- compar•tlve f*ur•s BalafKe •t I. Au8ust 2023 Net Incomel Transfer Galn on Balance at l¢xpendltur•l of funds Investh)ent 31° July 2024 unltrorted funds General fund 85,552 12.8581 5,5 5,105 93.299 Deslgnated funds Mercers. Company Bell Legacy Berdinner Legacy Roberts Legacy 250 250 1.000 14.(KQl 11.SC#)I I.5) 92.302 12.8581 5.105 94,549 The desi8nated funds comprise.. £250 lof a iotal of £7501 receryed ftom the Mercers, Company to promote the use of Young Artists and a legary of £l,(XXI from a former memberfs family which will be ear-marked to use to prornote Youn8 Artlsts. Two legacies from former mernbers have been allocated io the Centenary Concert of Bach's 5tMotthew Paon. 18
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS Icontinued) 15. Anafysls of N*t Assets betwten Fund5 Unrestrirted Designated Funds Totsl Funds Funds Investments 54.123 51,503 11,9621 S4,123 Current asset5 1,250 52,753 11,9621 Current lizbilTrtles Balantt at 31. July 2025 103.664 1.250 104,914 Analysls of Net Assets between Funds- comparatfve figures Unrestrlrted DeslKn•ted Funds Total Funds Fund5 Investments 53,47S 40.589 17651 53.475 41,839 17651 Current asseis 1,250 Current Ilabllltles 8alance at 3151 luty 2024 93,299 1,250 94.549 16. Related Party Trans•rtlons There are no related party transactions that require disc105ure in the accounts. 17. Independent Examlnerfs F•e The Independent examinerfs fee for 2025 was £nil12024: £nill. 18. Post Balance Sheet Events There are no post balance sheet events to report. 19
ST ALBANS BACH CHOIR ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS (continued) 19. Statement of Flnancial ACtitIeS 2024 Unrtstricted Unrestricted Total General Futhds Desl8Thated Fund5 2024 Income: Subscriptions Legacies and donations Interest Taxation recovered from Gfft Aid Carol concert Major wncerts Other income 43.243 ioi 2,245 8.106 12.468 60.334 1,474 43,243 ioi 2.245 8.106 12,468 60.334 1,474 Total income 127.971 127,971 Expend5ture: haritabl Ex Carol conttrt Major concerts Centenary entS and book nditur 12.7Q) 111,701 2.146 12,700 111.701 2.146 126,547 126.547 Mana ement and Adminisiration Subscriptions and affillatlon fees Audilian costs Singin8 lessons In*tl Website and IT Andrew Lucas retiremeni evenis Sundry expenses 787 581 474 296 741 1.403 787 581 474 296 741 1.403 Total expendlture 130,829 130,829 Net expèndlture befor• ialns ¢Yb Investments Gains on Investment5 12,8581 12.8581 5,105 5,105 Net expendtture Transfer between fund5 2.247 2.247 15.51X)I Net movement in funds Total funds brought forward 7.747 85.552 15.5001 6.750 2,247 92,302 Total funds lled fon¥ard 93,299 1,250 94,549 20