KENDAL MIDDAY CONCERT CLUB
Annual Accounts to 30[th] April 2022
List of Trustees: Sheila Mary Powney, Chair John Hiley, Artists Secretary Avril Margaret Hallam, Treasurer Rosemary Howell, Secretary David Smethurst David Telford Reed Elizabeth Moreton
The Charity operates under a Constitution with the object of fostering the appreciation of classical music in the County of Cumbria. The management of the Club is carried out by the Trustees, listed above, on a voluntary basis. Three committee meetings were held during the year. The Chair of the Trustees is Sheila Mary Powney.
16 concerts were held during the year, four more than usual because the Covid Pandemic was rampant in the year to 30[th] April 2021 and only four were held during that year. A loss of £7838 was made. All artists were engaged by Dr John Hiley, Artists Secretary.
Sources of funding the concerts are the general public, through ticket sales, through the Patrons Scheme and donations from the public. All monies are used to pay artists fees, maintenance of the Steinway Grand Piano, owned by the Club, insurance, printing, hire of the Assembly Hall at Kendal Town Hall and general administration expenses.
The Trustees hold savings, under the title of Steinway Replacement Fund, of £104,126 in CCLA Management Ltd Charity Fund. Now that a new Steinway Piano Model D Grand has been purchased, the Committee are looking for suitable ways to spend some this money. Also held by CCLA is a separate account in the name of Dr Margaret Jackson and Mr Derrick Johnson Memorial Fund, valued at £45,063. This fund is used to encourage appreciation of classical music for the young of Cumbria by way of providing concerts for school children each year.
It is hoped that the Trustees will be able to continue to provide high standard concerts for the people of Cumbria in the future.
Contact: Mrs Avril Margaret Hallam 5 Harmony Hill Milnthorpe Cumbria LA7 7QA
KENDAL MIDDAY CONCERT CLUB Receipts and Payments Account for the year to 30[th] April 2022
| 2021 Receipts £ - Season Tickets 880 Membership 6,020 Single Tickets 1,058 Income Tax Rebate – Gift Aid 135 Refund from Premier Inn - Transfer from Dr Margaret Jackson and Mr Derrick Johnson's Memorial Fund – COIF Charity Fund - Collection for coffee - Share of accommodation 175 Collection from Concerts - Collection for Ukraine Appeal Grants and Donations 400 Donation from the Wednesday Luncheon Club 5,098 Patrons Scheme 13,766 Payments 8,280 Artists and Expenses 794 Printing and Stationery 54 Web domain services 150 Steinway Piano expenses 832 Hire of Assembly Hall - Hire of Georgian Room - Purchase of coffee 398 Insurance 365 Making Music (NFMS) 346 Performing Rights Society 25 Westmorland Music Trust 200 Donation to Stephen Lockwood - Donation to Ukraine Appeal 402 Administration 11,846 1,920 Surplus (Deficit) for the Season Current Account 4,168 Opening Balance – cash at bank 1,920 - Transfer from Premier Interest Account 6,088 Closing Balance Premium Interest Account 16,563 Opening Balance 4 Bank Interest - Transfer to Current Account 16,56 7 Closing Balance |
2022 £ 8,786 1,260 16,710 1,241 193 2,400 996 144 - 1,265 500 4,168 37,663 35,313 948 132 3,479 2,058 385 504 626 365 73 25 1,265 328 45,501 ( 7,838) 6,088 (7,838) 4,300 £2,550 16,567 2 ( 4,300) £12,269 |
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KENDAL MIDDAY CONCERT CLUB Receipts and Payments Account for the Year to 30[th] April 2022
| 2021 £ COIF Charity Fund – Steinway Piano Replacement Fund 159,441 Opening Balance - Sale during year (to purchase a Steinway Piano) 36,858 Capital Growth 1 96,300 Closing Balance £ COIF Charity Fund – Dr Margaret Jackson and Mr Derrick Johnson's Memorial Fund 36,870 Opening Balance - Sale during year 8,524 Capital Growth 45,394 Closing Balance ASSETS AND FUNDS OF THE CLUB AS AT 30TH APRIL 6,088 Current Account 16,567 Premium Interest Account 8,365 Janus Henderson High Interest Fund Shares Class A (Inc) 196,300 COIF Charity Fund - Steinway Replacement Fund 45,394 COIF Charity Fund – Dr Margaret Jackson and Mr Derrick Johnson's Memorial Fund 17,000 Steinway Piano Model D Grand No 597137 1,000 4 Hand made mahogany music stands estimated value 1,000 2 Piano stools – estimated value 291,714 |
2022 £ 196,300 ( 93,400) 1,226 104,126 45,394 (2,400) 2,069 £ 45,063 2022 2,550 12,269 8,915 104,126 45,063 110,400 1,000 1,000 £285,323 |
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Note: In May 2021 we sold the Steinway Piano Model C Grand for £17,000 and purchased a new Steinway, a Model D Grand, for £110,400
Mary Powney
Mary Powney Chairman
William Wood
William Wood Independent Examiner
KENDAL MIDDAY CONCERT CLUB
Independent Examiner’s Report
I have examined the Accounts of the above Concert Club in accordance with the general directions given by the Charity Commission. The Bank and Investment Accounts have been verified.
In my opinion the Accounts give a true representation of the Club’s finances as at 30[th] April 2022.
William Wood
William Wood Independent Examiner June 2022