## **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_