COVENTRY PHILHARMONIC SOCIETY REGISTERED CHARITY NO 506185 INDEPENDENT EXAMINERS REPORT AND UNAUDITED ACCOUNT8 FQR THE YEAR ENDED 31 AUGU8T 2024 ## **COVENTRY PHILHARMONIC SOCIETY** ## **CHARITY INFORMATION** **Trustees** C Simmons Chair J Weston Vice Chair S Cowen Secretary to 23/10/23 R White Secretary from 23/10/23 P Rowell Treasurer to 24/10/24 R Myers Treasurer from 24/10/24 C Naya* E Chester* H Whitney* C Lewis* C Gelsthorpe* H Ward* A Jakubowska* R N Kingdon* L Wieczerzynska* J Durrant* * These Committee members became Trustees under a resolution passed at the Society Annual General Meeting on 22 September 2022. They were all appointed on 26 October 2023 **Charity registration number** 506185 **Other names** Coventry Philharmonic Choir **Principal office** Treasurer 8 Chelveston Road Coventry CV6 1PG **Independent examiners** Azets Audit Services 3Mc Middlemarch Business Park Siskin Drive Coventry CV3 4FJ COVENTRY PHILHARMONIC SOCIETY CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT RECEIPTS AND PAYMENTS ACCOUNTS STATEMENTS OF ASSETS COVENTRY PHILHARMONIC SOCIErY TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 Objectives and activities for the publlc benefit The Coventy Philhamionic Society (Ihe Society.) has the following objectives: . to advance, improve. devek)p and maintaln public education in, and appreciation of. the art and Scien￿ of music in all its aspects by any means the trustees see fit, inGluding through the presentstion of public con￿rtS and recitals. . to provide facilities which promote the practice or enjoyment of the art of music for recreation or other leisure lime occupation and to make them available in the interests of social welfare to individuals who have need of such facilities by reason of their youth, age, infinnity or disablement, financial hardship or social and economic circumslances or for the public at large with the object of improving conditions of life. The Society18 largely maintained through members, subscriptions and sales of concert tlckets and programmes. Substantial funds are also raised thr¢￿9h the actÉvities of the Social Team and Knit & Stitch Group. The beneficlarles of the Soclety are fts members and the wider concgrt%oing public. The trustees confirm that they have referred to the Charity Commission's guidance on public benefrt when reviewing the Society's aims and objectives and in planning fulure activities. Structuro. governance and management The charity is governed by its constltution. adopted on 22 October 2015 at the Annual Gener81 Meeting which sets out its rules and objectives. Coventry Philharmonic Society is an unincorporated charity (no 506185) managed by a board of trustees. A list of those serving during the financial year is sho￿n on the charity information page. The trustees are appointed each year. Trustees meetings are held regularty arKI deal with the broad strategy of the organisation and monitoring of its implementation. The trustees are responsible for the overall financial running of the organisation. Reserves policy We have review￿ our Reserves Policy in line with Charty Commission guidance and have reduced our reserve to £15.000. which will cover unforeseen expenditure that may arise in the future, e.g. purchase of new non monetary assets and costs associated with possible expansion of our activities The Reserve Policy will be reviewed on an annual basis Results and review The overa11 state of the Society's year end finances is shown in the Annual Surnrnary document. It shows an overall surplus for the year of £1735 compared with £3130 last year. This means that our reserves have increased to £22,377. Once again, financially the Christmas concert was the most beneficial with a profit of just over £1700 but overall there was an overall defKit of £2849 on the Concert account. Glft Aid continues to be an essenlial part of our income and we saw a small increase this y49ar with Gift Aid income of £2733 compared with £2217 last year. Slgned o Ifof charity's Trusto•s Mrc Slmmons Trustee MrsRM Trustee Date...... 1.3.fW..(e£Our]W XS Ind•pendent Examinerf8 Report to the Trustees of Coventry Phllharmonic Society I repLYtto the charftytru*e8s on my e%￿n￿lOn ofthe clthe tharty forts year eThY8d 31 AW 2024. Responsibilities and basls of report Asthe charitystr￿esyoU wmlble for th8 weparalion oflhe a(wints in ajXjrfa￿e whh the wuir8m8ntsofthe ￿a￿￿e$A￿2o1l (IheArf). I rekY)rt in res￿ of my exam1￿1￿￿ of the tharlty's a￿)l￿￿ (xrrlgj out understh 145 ofthe Act and In carrsrfNJ out myexamlnatknn I have fop￿ 81 the a￿lcable t)irectKJns grven tythe Chaiity Commission undersectton 1495Xb) ofthe A Independent oxaminerfs statement I have c(ry*l my 8xamlnaOon. l (xJffimi that no materFal have corn to nry att&Jtion In the ex￿In￿[C￿ gfvi￿ cause trj believe in any material IBWL accountirYJ rnc(wtls rnt kept kn respeL*ofth8 ch*ity a8 reryAred by 8th 130 ofth& ￿. (y I hava no concems and c0ft￿ wJoss ￿ Oth￿ Matt￿ in (x)n￿slon Ihe examimllon to th attenllM 8h¢Jld be