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2025-05-31-accounts

Worcester Festival Choral Society Registered Charity No. 506826

Annual Accounts For The Year Ended 31 May 2025

Treasurers Report

Dear Members

We have had another year of most enjoyable music making. As a bonus, it has made a financial profit of £6,484. It is important to note however that this is almost equal to the legacy left to the society by Barbara Hopper, a previous member, plus the bank interest that we earned from our Fixed Term Deposit accounts. This was the interest for 20 months at a time of high interest rates, so must be considered as a one-off bonus. In other words, our music making plus fund raising more or less broke even.

As usual, the concert that produced the greatest income was the Messiah concert, although the Faure/Mozart concert ran it close. The Messiah concert was cheaper to put on however, largely due to requiring a smaller orchestra.

We know that our costs, such as cathedral charges and soloists’ costs, will continue to rise. The committee feels that a gradual increase in members’ annual subscription is better than a sudden larger increase and so it is proposed that the subscription for 202526 should increase to £140.

If you are a Facebook user, you will have seen adverts for many other concerts in the Cathedral (and no doubt the adverts are on other social media platforms). So we will all have to continue to work hard on encouraging friends and family to come to our concerts. Michelle continues to put lots of effort into publicising our concerts, so please do respond when she asks for help.

Our fundraising efforts are an important part of our income. The 2025 Come and Sing day made a profit of almost £1,700 as well as being an enjoyable occasion. The weekly raffles raised £1,138 including the gift aid we claimed on takings. The 100 Club contributed £1,750 this year. We must give a big thankyou to those who organise these initiatives. And thank you to all of you who support them.

Barbara Ford

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Income & Expenditure Account For The Year Ended 31 May 2025

Note
Income
Concerts
1
Come and Sing
Subscriptions
Patrons
Fundraising & Donations
Publications
Investment Income
Gift Aid
Miscellaneous
Total Income
Expenditure
Concerts Costs
1
Cash Accounting Adjustment
Overheads
3
Total Expenditure
Surplus For The Year
2025
2024
£
£
40,609
32,837
3,027
-
19,110
17,803
4,020
5,535
5,058
7,787
475
162
4,671
1,407
3,403
3,444
490
720
80,863
69,695
66,804
56,130
-
1,827
7,575
8,515
74,379
66,472
6,484
3,223

3

Balance Sheet As At 31 May 2025

Balance Sheet
As At 31 May 2025
Current Assets
Cash At Bank
4
Net Assets
Reserves
Brought Forward
Surplus (Deficit) For The Year
Legacy Fund
5
Endowment Fund
Total Reserves
2025
£
2024
£
123,892
117,408
123,892
117,408
70,345
67,122
6,484
3,223
44,950
44,950
2,113
2,113
123,892
117,408

………………………………………………

Signed by

……………………………………………..

Date

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Independent examiner’s report to the trustees of Worcester Festival Choral Society

Responsibilities and Basis of Report

As the trustees of the charity, 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiners Statement

I have completed my examination of the accounts set out on pages 2 to 7. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Ian Jarvis FCA

16 September 2025

Vertis Accounting Limited Independence House Queen Street Worcester WR1 2PL

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Notes To The Accounts

1. Concert Programme

Income
Ticket Sales
Programme Sales & Adverts
Total Income
Expenditure
Artistes Fees(see note 2)
Hire of Halls
Other Expenses
Printing & Publicity
Programmes
Total Expenditure
Deficit
Concert
1
£
12,204
Concert
2
£
12,128
2025
Concert
3
£
13,115
General
£
3,162
Total
£
37,447
3,162
Concert
1
£
9,558
Concert
2
£
12,990
2024
Concert
3
£
8,085
General
£
2,204
Total
£
30,633
2,204
12,204
12,128
13,115
3,162
40,609
18,155
11,271
20,855
50,281
2,240
2,506
3,499
8,245
1,555
1,555
5,184
5,184
1,539
1,539
9,558
12,990
8,085
2,204
32,837
15,575
11,019
16,458
43,052
2,342
2,111
2,390
6,843
647
647
4,871
4,871
717
717
20,395
13,777
24,354
8,278
66,804
17,917
13,130
18,848
6,235
56,130
(8,191)
(1,649)
(11,239)
(5,116)
(26,195)
(8,359)
(140)
(10,763)
(4,031)
(23,293)

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2. Artistes Fees

Conductor
Accompanist (concert)
Orchestra
Soloists
Accompanist (rehearsals)
Chorus Master
Concert Manager
Total
2025
Concert 1
Concert 2
Concert 3
Total
1,640
1,640
1,700
4,980
275
275
670
1,220
8,900
5,000
7,900
21,800
3,400
3,400
6,412
13,212
1,400
280
1,400
3,080
2,330
466
2,563
5,359
210
210
210
630
2024
4,920
550
21,440
8,150
2,772
4,620
600
18,155
11,271
20,855
50,281
43,052

3. Overheads

Subs (Making Music)
Come & Sing Expenses
Insurance
Auditions
Miscellaneous
Website
Non-Reclaimable VAT
Music Hire
Donations
2025
2024
354
338
1,385
-
289
283
52
315
1,335
3,168
520
191
2,518
3,600
1,072
-
50
620
7,575
8,515

4. Bank Balances

2025 2024
Lloyds Current Account 16,551 17,845
Lloyds Treasurers Account 13,856 10,454
Lloyds Deposit 17,000 17,000
Lloyds 180 Day Deposit 76,485 72,109
123,892 117,408

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5. Prior Year Adjustment – Cash Accounting

In line with normal practice for a charity of our size we have changed the presentation of its accounts to the cash-based income and expenditure basis as opposed to the accruals accounting basis used previously. The figures for 2024 have been restated for comparability purposes as though they had been originally prepared under the cash basis. Thus, the value of Publications (£715), 100 Club (£1,133) and the creditor for VAT (£21) have been expensed against reserves. The legacy income creditor balance has been moved to a designated fund within reserves.

6. Legacies Fund

2025 2024
Patricia Thomson 36,950 36,950
Norman Robertson-Smith 5,000 5,000
Vivian Bowker 2,000 2,000
Ian Pattison 1,000
44,950
1,000
44,950

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