## **Honorary Treasurer’s Report 2021-2022 season** Please find attached the accounts for the Society’s 2021-22 season. These have been examined and agreed by an Independent Examiner, David Phillips. The report will be submitted with the accounts and the Independent Examiner Statement to the Charities Commission to fulfil the requirements of our charitable status. I would like to offer my thanks to David Phillips, both personally and on behalf of the Society, for his continuing expertise and support in overseeing these accounts each year. This financial year the total fund shows an income of £49,771 and expenditure of £23,679 giving a total fund surplus of £26,092 compared to a deficit of £6,471 in 2020-21. In accounting for this profit, please note the following: - Rutter /Todd concert deposit for hire of musicians £388.00 was paid out in 2018-19 with the booking - The significant Legacy Income was received from the bequest of John Oldham which still has a further smaller portion to come - The larger membership subscriptions from new members joining the Society following on from the Lock Down pandemic years If the Legacy Income is removed from the account the profit for this season would become £4,699. Further factors for the finances of the Society this season: - The main source of income is the subscription from the choir membership, the “Friends” and the HMRC Gift Aid refund. This season the Choir Membership Subscriptions totalled £12,030, the Friends subscriptions totalled £530 and the Gift Aid refund was £2,874. If you have friends or family who regularly attend our concerts, please consider asking them if they would like to become Friends as this is a valued source of income and ticket sales. - Sponsorship money from local businesses remains an important source of income for the Society raising £1,820 this season. Please do support our sponsors and where possible, let them know that you sing with the Choral Society, so that we retain this valuable source of additional funding. - Small but significant contributions come to the Society from other sources including: - 1. Fund raising income from coffee and cakes **,** market stall receipts and donations, Patchings Festival singing and other donations. Thanks to all for supporting these efforts, to Malcolm Gamble for the market stall and to the refreshments team led by Jane Taylor. - Jane Gamble, Treasurer - 9 Caudwell Close, Southwell, Notts, NG25 0DF E-mail: jane.gamble66@btinternet.com - www.southwellchoralsociety.co.uk 2. A small amount was raised through the Amazon Smile scheme. If you are making purchases through Amazon, please opt to support the Society as your chosen charity. - The balance of the 2 concerts: The Faure concert in November 2021 was a great success, not just musically and in terms of having a near full Minster, but also in resuming the performances of the Society in the Minster again following the pandemic. It made a profit of £2,026. The Todd/ Rutter concert in May 2022 while a thrilling musical experience did, as expected, make a loss of £2,707. This was largely due to the cost associated with the soloists and accompanying Ensemble and a slightly smaller than hoped for audience. This loss is offset by the profit from the Faure concert as anticipated by the committee when considering the balance of the programme content for each season. Concert and ticket sales remain an important factor in determining the profit or loss on any given concert. Members can do their bit by continuing to sell tickets to family and friends and help to post our leaflets and posters in the district to help advertise our concerts. The committee has continued to look at ways to help the finances: - Membership subscriptions remain our primary source of income and these remained the same for the 2021-22 season (£130 for the waged and £120 for the unwaged) following the decision at the AGM in October 2020. It has been a pleasure to welcome a good number of new members and returning members for this concert season. There will be a rate increase for the 202223 season (£140 waged, £130 unwaged) as agreed at the AGM in October 2021. - Concert losses are a considerable expenditure of the Society and the committee recognised that our ticket pricing, which had not been reviewed since 2018, was low compared with other choral concert providers. It was decided to increase our ticket pricing for the 2021-22 season. Front Nave tickets have increased by £2 to £20 but no increase was made to Rear Nave or Unreserved tickets. - Thankfully the hire of the Minster for the concerts and use of the State Chamber for rehearsals and singing days continues to be heavily discounted within the package negotiated with the Cathedral Chapter, which does help to keep costs down. A renewal of the agreement has been negotiated with - Jane Gamble, Treasurer - 9 Caudwell Close, Southwell, Notts, NG25 0DF E-mail: jane.gamble66@btinternet.com - www.southwellchoralsociety.co.uk the Minster Office for 2022-23, with the increased charge restricted to 4.33%, and also for 2023-24, with the increased charge restricted to 5.34%. We are grateful to the Dean and Chapter. - If any member has any fund-raising ideas, then the committee would welcome all suggestions. The Margaret Austen Legacy has provided funds for the annual Singing Day over the past seven years, but is finally exhausted following the Will Todd Singing Day in April 2022. We have been very fortunate to have received the Legacy, which enabled these highly successful Singing Days. The Society is grateful for the receipt of funds from Mr Rob McIntosh to provide the annual David McIntosh Bursary to replace the discontinued Peggy Oldham Award. The Legacy Income received from John Oldham is a most generous gift to the Society’s finances. The committee has decided that the annual Southwell Choral Society Bursary will be renamed the John and Peggy Oldham Award, and future Singing Days will be named the John and Peggy Oldham Singing Day in memory and recognition of their significant financial support and the wishes expressed in John Oldham’s Will. We are most grateful. ## **Jane Gamble Honorary Treasurer** Jane Gamble, Treasurer 9 Caudwell Close, Southwell, Notts, NG25 0DF E-mail: jane.gamble66@btinternet.com www.southwellchoralsociety.co.uk & EXp￿dI￿￿ Accountfor yE4V 31 Aug 2022 Lw Irmrre Jb9Ji#ior6. Ch)ir b9Jittior6. Frie￿5 Ticket & prcgaTr￿ Gftad tig￿lIK0n￿ musc￿e/hIre tbAd Mdntoth ￿[￿yA￿ar1 chY&ion tbn*iors& 9x)n￿rth1p mI￿￿1￿￿)l61r￿offe. folder5, LH Fund ra9rYJitKorre 2L￿3 2L￿3 2874 Z874 L241 L241 47n Musa￿S Fees pad Min&erhir loi&s Prali￿ roomhire Mu9chire&wrth%e PrirtirKJ rtisro 4.45 4,45 4.271 2574 Z574 L233 L233 IngJ[an￿ &'M*iro Muse sJb. [￿Ad Mdntoth W0￿rIr0 rithtsfee5 ting 478 a&p3 U6TJ T￿sfa5 OFErirYJ FL￿1 &11a￿e5 at 1st 2021 *421 Pagelof3 Southwell Choral Society Statement of Assets and Liabilities31 Aug 2022 2021-22 2020-21 Restricted General Funds Funds Total Total Assets: NatWest- current alc Scottish Widows Alc Vif8ln Charity Account Cash in hand 27.074 27,074 4.266 24,531 24.531 172 172 4,266 SL777 56.043 97 4,2(￿7 24,501 193 4.2E6 29,951 Represented by: General Fund Designated Fund - M Austin Legacv Designated Fund - D Mclntosh Bursary The Nick Thorpe Composition Award Fund 51.271 51,277 1,792 4,266 4266 51777 %. 29,951 Signed on behalf of the Board by- Elleen Campbell-mccosh Chair Date Page2of3 Ti(ket &KI SLry Sge aij hire of rTU9C reof Min*er loi*s 415 LYJJ 3]91 M￿Chire AC￿rtiSrg +pintiriJ Ligtting PerfOnrI￿ 478 Page3of3 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the** Charity Name **trustees/ members** Southwell Choral Society **of** 31 August 2022 **Charity** 500239 **On accounts for the no (if year ended any) Set out on pages** 1-3 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2022. **Responsibilities and** As the charity trustees of the Trust, you are responsible for the **basis of report** preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material **examiner's** matters have come to my attention in connection with the **statement** examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: D. Phillips Date:** 4 Oct 2022 **Name:** David Phillips **Relevant** Fellow - Institute of Chartered Accountants in England & Wales **professional qualification(s) or body: Address:** 3 Manor Fields Halam Newark, NG2 8DU 1 **IER** **October 2018** IER October 2018