2025-05-31-accounts - Richmond Concert Society

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BATANCESHEET
	on	31 May 2025	31May 2024
CURRENTASSETS		f	f.
lnvestments
COIFShort DurationBondFund		27,r54	35,889
COIFlnvestmentFund		to3,429	LLr362
COIFPaulWoodhouseFund		15,038	15,343
		1.45,62L	162,593
Deposits
RedwoodBank		67,8t7	65,401
COIFDeposit		t7,397	12,t95
		45,2L4	77,596
CashFunds
Lloyds BankCurrent		4,6!4	5,L26
Cash		158	L49
		4,772	s,275
NETASSETS		23s,607	245,464
REPRESENTED BY:
RestrictedFunds
MurielDawsonFund		0	L,225
PaulWoodhouseFund		15,038	15,343
HazelWatsonFund		9,807	9,634
		24,845	26,2O1
UnrestrictedFunds
Young Musicians Fund		42,228	42,737
MaryRyan Fund		2L,739	23,32L
WTBryantFund		41,695	4L,943
RichardOake Fund		2,979	3,909
RobertStokerFund		L4,tt7	14,85L
Howard GreenwoodFund		6,865	7,727
		t29,623	L35,487
GeneralReserve+		81,139	84,776
TotalReserves		235,607	245,464

RICHMOND CONCERT SOCIETY

RECEIPTS and PAYMENTS

RECEIPTS Membership Fees Friends Sponsorships Donations Gift Aid recovered Guest admissions Programme sales Refreshment donations Bank/COIF interest COIF dividends Legacy PAYMENTS General admin Publicity Artists' fees Venue hire Piano hire & piano insurance Insurance and Performing Rights Fees Programme costs Refreshment costs AGM costs Attending scouting concerts Bank charges incl Direct Debit RCS Composition Award Donations Other expenditure Surplus/deficit before market value adjustments COIF market value adjustments Total surplus/deficit for the year*	2024-2025 £ 27,035 2,150 4,500 850 1,088 2,300 2,728 1,828 3,065 4,553 0 50,097 2,059 2,314 28,910 2,981 4,266 882 3,202 1,006 810 1,301 282 2,500 8,000 468 58,982 -8,885 -972 -9,857	2023-2024 £ 26,030 2,300 5,700 855 1,050 1,665 2,673 1,629 3,075 4,299 1,000 50,276 489 2,991 31,545 3,805 2,893 956 2,633 1,161 503 1,480 288 2,250 6,000 404 57,398 -7,122 9,499 2,377

Unrealised gain

RICHMOND CONCERT SOCIETY Registered Charity No 289897

Notes to the accounts for the year ended 31 May 2025

1 The accounts are prepared on the Receipts and Payments basis. The investments are re-stated at market value.
2 Income and market value adjustments resulting from all the investments are allocated on a pro rata basis from the General Reserve to the various Funds. (Transfer from GR to Fund).

Money is transferred out of restricted and unrestricted funds into the General Reserve in order to make a contribution to the named concerts as stipulated by the terms of the fund, and in the case of unrestricted funds, as decided by the Committee (Allocation to GR from Fund).

		Total surplus	Transfer from	Allocation to
	B/fwd	for the year	GR to fund	GR from fund	C/fwd
Restricted Funds:
Muriel Dawson Fund	1,225		0	1,225	0
Paul Woodhouse Fund	15,343		125	430	15,038
Hazel Watson Fund	9,634		173	0	9,807
Unrestricted Funds
Young Musicians Fund	42,737		766	1,275	42,228
Mary Ryan Fund	23,321		418	2,000	21,739
WT Bryant Fund	41,943		752	1,000	41,695
Richard Oake Fund	3,909		70	1,000	2,979
Robert Stoker Fund	14,851		266	1,000	14,117
Howard Greenwood Fund	7,727		139	1,000	6,866
General Reserve	84,776	-9,857	2,710	8,930	81,139
Totals	245,464	-9,857	0	0	235,607

3 No remuneration or expenses were paid during the year to any trustee other than the reimbursement of expenses borne on behalf of the Society, such as the cost of concert tickets (up to a maximum) attended by the Music Committee to identify potential artists.
4 There were no staff costs during the year. The position of lndependent Examiner is honorary.
5 Units worth £6,000 and £10,000 were sold from the COIF Short Duration Bond Fund and COIF Investment Fund respectively during the financial year.
6 General Admin includes new fixed asset of a computer, a monitor and a printer.
7 Muriel Dawson Fund was fully spent during the year. Payments for the annual RCS Composition Award are now made from the Young Musicians Fund.