## **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**| |---|---| ## **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**| |---|---| 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