KENDAL MIDDAY CONCERT CLUB
Annual Report of 30[th] April 2024
List of Trustees:
Sheila Mary Powney, Chair John Hiley, Artists Secretary Avril Margaret Hallan, Treasurer Rosemary Howell, Secretary David Smethurst David Telford Read Elizabeth Moreton
The Charity operates under a constitution with the object of fostering the appreciation of 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 Mary Powney.
Twelve concerts were held during the year at Kendal Town Hall. A profit of £1,099 was made and all artists were engaged by Dr John Hiley, Artists Secretary.
Principal funding sources are the general public, either by purchasing annual season tickets at the start of the season or buying tickets on the day of the concert. Funds are also obtained through a Patrons’ Scheme. All monies are used to pay artists fees at the concerts, maintenance of the Steinway Piano owned by the Club, insurance, printing, hire of the Assembly Room at Kendal Town Hall and general administration expenses.
Savings of £10,232 are held by Janus Henderson High Interest Fund Shares Class A (Inc) and £113,857 is held in CCLA Management Ltd Charity Fund. These savings are to enable the Club to purchase a new Steinway Piano when the time comes and in the future to give grants to suitable musical charities in Cumbria to foster the musical education of young people. £47,507 is also held by CCLA in a separate account, entitled Dr Margaret Jackson and Mr Derrick Johnson Memorial Fund. This money is used to encourage the appreciation of music for the young by way of providing a concert for school children each year.
It is hoped that the Trustees will be able to continue to provide high standard concerts in the future for the people of Cumbria.
Contact : Mrs A M Hallam 5 Harmony Hill Milnthorpe Cumbria LA7 7QA
KENDAL MIDDAY CONCERT CLUB Receipts and Payments Account for the year to 30[th] April 2024
| 2023 Receipts £ 9,495 Season Tickets 1,190 Membership 15,058 Single Tickets 1,335 Income Tax Rebate – Gift Aid - Transfer from Dr Jackson and Mr Derrick Johnson Memorial Fund – COIF Charity Account 1,920 Transfer from COIF Steinway Piano Replacement Fund 1,223 Collection for coffee 4,570 Patron’s Scheme 385 Piano Hire - Accommodation for visitor 35,176 Payments 27,729 Artists and Expenses 1,110 Printing and Stationery 54 Web domain services 1,456 Hire of Assembly Hall and 381 Georgian Room 567 Purchase of coffee 648 Steinway Piano expenses 536 Insurance 275 Making Music (NFMS) 1,000 Kentdale First Aid 400 Advertisements 567 Administration - Performing Rights Society for 2023 and 2024 34,723 453 Surplus (Deficit) for the Season Current Account 2,550 Opening Balance – Cash at Bank £3,003 Closing Balance Premium Interest Account 12,269 Opening Balance 31 Bank Interest £12,300 Closing Balance |
2023 Receipts £ 9,495 Season Tickets 1,190 Membership 15,058 Single Tickets 1,335 Income Tax Rebate – Gift Aid - Transfer from Dr Jackson and Mr Derrick Johnson Memorial Fund – COIF Charity Account 1,920 Transfer from COIF Steinway Piano Replacement Fund 1,223 Collection for coffee 4,570 Patron’s Scheme 385 Piano Hire - Accommodation for visitor 35,176 Payments 27,729 Artists and Expenses 1,110 Printing and Stationery 54 Web domain services 1,456 Hire of Assembly Hall and 381 Georgian Room 567 Purchase of coffee 648 Steinway Piano expenses 536 Insurance 275 Making Music (NFMS) 1,000 Kentdale First Aid 400 Advertisements 567 Administration - Performing Rights Society for 2023 and 2024 34,723 453 Surplus (Deficit) for the Season Current Account 2,550 Opening Balance – Cash at Bank £3,003 Closing Balance Premium Interest Account 12,269 Opening Balance 31 Bank Interest £12,300 Closing Balance |
2024 £ 11,630 1,440 16,548 1,040 2,500 - 1,220 3,310 100 80 37,868 27,574 1,145 - 2,170 630 670 540 298 1,440 350 646 1,306 36,769 1,099 3,003 £4,102 12,300 136 12,436 |
|---|---|---|
KENDAL MIDDAY CONCERT CLUB Receipts and Payments Account for the Year to 30[th] April 2024
| 2023 2024 £ £ COIF Charity Fund – Steinway Piano Replacement Fund 104,126 Opening Balance 103,835 (1,920) Sale during year - 1,629 Capital Growth during year 10,022 £103,835 Closing Balance £113,857 COIF Charity Fund – Dr Margaret Jackson and Mr Derrick Johnson’s Memorial Fund 45,063 Opening balance 45,791 Sale during year (2,500) 728 Capital Growth during year 4,216 £45,791 Closing balance £ 47,507 ASSETS AND FUNDS OF THE CLUB AS AT 30TH APRIL 2024 3,003 Current Account 4,102 12,300 Premium Interest Account 12,436 9,344 Janus Henderson High Interest Fund Shares Class A (Inc) 10,232 103,835 COIF Charity Fund - Steinway Replacement Fund 113,857 45,791 COIF Charity Fund – Dr Margaret Jackson and Mr Derrick Johnson’s Memorial Fund 47,507 110,400 Steinway Piano Model D Grand No 597137 110,400 1,000 4 Hand made mahogany music stands, estimated value 1,000 1,000 2 Piano stools, estimated value 1,000 £286,673 £ 300,534 |
2024 £ 103,835 - 10,022 |
|
|---|---|---|
£ |
113,857 |
I have examined the Accounts of the above Concert Club with the general directions given by the Charity Commissioners. 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 2024
Bill Wood
Bill Wood Independent Examiner
Mary Powney
Sheila Mary Powney Chairman
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 2024
Willian Wood
WILLIAM WOOD Independent Examiner June 2024