## **SCUNTHORPE & DISTRICT CHORAL SOCIETY ACCOUNTS FOR THE YEAR ENDED 31 MAY 2024** **CHARITY NUMBER 504393** ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **YEAR ENDED 31 MAY 2024** |**CONTENTS**|**PAGES**| |---|---| |Trustees’ annual report|1 & 2| |Independent examiner’s report|3| |Receipts & payments account|4| |Statement of assets and liabilities|5| |Notes to the accounts|5| 1 ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **TRUSTEES’ ANNUAL REPORT for the Year Ended 31 MAY 2024** ## **REFERENCE AND ADMINISTRATIVE INFORMATION** ## **Charity name** The full name of the charity is Scunthorpe & District Choral Society. ## **Trustees** The charity trustees at the date of signing report: Mr J Hollingworth Mr A Godfrey Mr S Caldwell Mrs J Lee Mrs S Simpkin Mr B Heywood Miss A Barnard Mrs N J Torr Rev M Bareham Burton Mrs C Lloyd Mrs M Wroblewska (appointed 28 September 2023) Mrs C Hannabuss (appointed 28 September 2023) ## **Charity registration number** 504393 ## **Principal address** 101 Eastoft Road Luddington Scunthorpe DN17 4QJ ## **Bankers** Lloyds 106 High Street Scunthorpe DN15 6HG ## **Solicitors** Mason Baggott & Garton 13/19 Wells Street Scunthorpe North Lincolnshire DN15 6HN ## **Independent examiner** John Heeney BA (Hons) FCA RNS Chartered Accountants 50-54 Oswald Road Scunthorpe DN15 7PQ 2 ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **TRUSTEES’ ANNUAL REPORT for the Year Ended 31 MAY 2024** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is governed by its constitution adopted on the 14 June 1973. ## **OBJECTIVES AND ACTIVITES** ## **Public benefit** The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. ## **Objectives and activities** The objectives as set out in the charity’s constitution are to educate the public by the study and practice of choral music and the concert performance of choral works. ## **ACHIEVEMENTS AND PERFORMANCE** The charity continues to educate the public through its study and practice of choral music. As well as a programme of three concerts, a Come and Sing evening was held at the start of the season which was open to, and attended by, several non-members. The number of paying members increased from 65 in 2022-23 to 81 this season, reflecting the success of the Come and Sing evening, and the choice of repertoire intended to encourage new singers and larger audiences. The healthy financial surplus reflects that fact that against a background of rising costs the Society benefitted from generous corporate sponsorship of £2,000 towards the costs of our Christmas concert, as well as a private donation of £15,000 during the year. The latter is to be used to fund purchases and events which normal income streams would not allow, and to date has paid for the purchase of concert staging. It will also be used to help fund an ambitious 80th Anniversary Concert in April 2025. ## **FINANCIAL REVIEW** A surplus of £20,569.36 (deficit 2023 – £4,231.59) arose during the year, leaving funds at 31 May 2024 of £41,634.81 (2023 - £21,065.45). ## **Reserves Policy** The Society believes a policy is needed so that it can be confident that the level of financial reserves matches the needs of the Society. In assessing the amount of reserve, the Committee will take the following points into account:- - Its forecasts for levels of income in future years, taking into account the reliability of each source of income and the prospects for opening up new sources - Its forecasts for expenditure in future years on the basis of planned activity - Its analysis of any future needs, opportunities, contingencies or risk – the effects of which are not likely to be able to be met out of income if and when they arise; and - Its assessment, on the best evidence reasonably available, of the likelihood of each of those needs etc. arising and the potential consequences for the Society of not being able to meet them. The committee will review the levels of funds to be held in reserve and this policy every two years. The trustees are satisfied that the trust assets are adequate to fulfil its obligations. Signed on behalf of the Trustees on 20 August 2024 Mr S Caldwell **Treasurer** 3 ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SCUNTHORPE & DISTRICT CHORAL SOCIETY** I report on the accounts of the charity for the year ended 31 May 2024, which are set out on pages 4 to 5. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the 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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners’ statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. John Heeney BA (Hons) FCA RNS Chartered Accountants 50-54 Oswald Road Scunthorpe DN15 7PQ 2 September 2024 4 ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **Receipts & Payments Account for the Year Ended 31 May 2024** ||**2024**||**2023**| |---|---|---|---| |**Receipts**|||| |Ticket Sales|6,969.12||8,316.25| |Programme Sales|503.90||453.87| |Sponsored Ads|350.00||725.00| |Sponsor Donations|2,300.00||465.00| |Subscriptions|7,822.06||6,214.01| |Friends|439.66||570.00| |Gift Aid|4,879.85||1,825.88| |Fund Raising|1,456.46||1,725.20| |Donations|15,886.00||449.50| |Medley|288.00||312.00| |Raffle|888.83||673.23| |Other Income|172.75||712.63| |Bank Interest|407.71||221.85| ||||| ||42,364.34||22,664.42| ||||| |**Payments**|||| |Printing & Publicity|674.98||1,042.92| |Chorus Master|2,425.00||2,740.00| |Pianist|2,112.00||2,498.00| |Score Hire|1,414.51||770.22| |Room Hire|1,890.00||2,040.00| |Concert Performers|8,980.49||8,449.00| |Concert Room Hire/Equipment|2,968.57||2,214.72| |Fund Raising Expenses|387.50||624.00| |Medley Payments|114.50||138.00| |Subs, Insurance, etc.|519.99||382.64| |Admin|-||120.00| |Other|307.44||5,876.51| ||||| ||21,794.98||26,896.01| ||||| ||
||| |Surplus/(Deficit) for the year|£ 20,569.36||£(4,231.59)| ||||| ||
||| 5 ## **SCUNTHORPE & DISTRICT CHORAL SOCIETY** ## **Statement of assets and liabilities For the Year Ended 31 May 2024** ||**2024**|**2023**| |---|---|---| |**Cash funds**||| |Current account *|21,019.94|858.29| |Deposit account|5,614.87|5,207.16| |Term deposit
|15,000.00
|15,000.00
| ||
£41,634.81
|£21,065.45
| * Includes Designated Funds of £12,841.43 (balance of £15,000 donation after purchase of staging). **General fund** Opening balance 21,065.45 25,297.04 Surplus/(deficit) for the year 20,569.36 (4,231.59) £41,634.81 £21,065.45 ## **Notes to the Accounts for the Year Ended 31 May 2024** ## **1. Basis of Preparation** The financial statements have been prepared and independently reviewed in accordance with section 145 of the Charities Act 2011 and SORP. ## 2. **Accounting Policies** ## a) Basis of Accounting The accounts are prepared under a receipts and payments basis.