OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-06-30-accounts

BISHOPWEARMOUTH CHORAL SOCIETY

ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 30 June 2024

Charity Number 507109

BISHOPWEARMOUTH CHORAL SOCIETY

Trustees Annual Report

For year ended 30 June 2024

The Trustees are pleased to present their annual report together with the financial statements of the charity for the year ended 30 June 2024

The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

The purpose of the Choral Society is to educate the public in the art and science of music particularly choral singing, through the presentation of concerts and other activities.

We strive to present performances of the highest musical quality from the classical choral repertoire.

Each year the Choral Society gives three concerts of choral singing mostly from the classical repertoire. These are at Christmas, Easter and the end of the summer term usually all in Sunderland Minster.

The Choral Society rehearses every Wednesday during term times in Sunderland Minster. Membership of the Choral Society is open to anyone interested in singing regardless of age, race, sex, disability, religion or sexual orientation.

Members of the Choral Society pay an annual subscription which covers the cost of rehearsals including the musical tuition element of rehearsing.

From time to time the Choral Society organises ‘Singing Days’ when non-members can spend a day rehearsing with the choir. Singing Days are advertised to the public and other choirs in the area.

The Choral Society offers free membership to music students studying at local universities.

The Choral Society engages with local primary schools so that children can sing with the choir in some concerts e.g. Christmas carols. This also gives the children the experience of live classical music.

The contemporary British composer John Rutter said, ‘Choral music is not one of life’s frills. It is something that goes to the very heart of our humanity, our sense of community and our souls. You express, when you sing, your soul in song. And when you get together with a group of other singers, it becomes more than the sum of the parts.’

The constitution requires the Choral Society treasurer to keep accounts of all monies received and expended on account of the Society and to present such accounts at the Annual General Meeting of the Society.

The constitution also states that no members shall receive payment either direct or indirect for their services.

The Choral Society relies on the voluntary contribution of many non-members to stage and manage concerts, the website and day to day business.

1

BISHOPWEARMOUTH CHORAL SOCIETY

Trustees Annual Report

For year ended 30 June 2024

Achievements and performance

The Choral Society was formed in 1948 and celebrated its 75th season this year.

The first part of the Christmas concert in December 2023 featured two choral pieces by Vaughan Williams ( Serenade to Music, & Fantasia on Christmas Carols ) followed by The Lark Ascending played by Martin Hughes, the leader of the string quartet. Local professional soprano Anna Dias sang two arias by Mozart and Handel followed by baritone Nick Stoner who performed two Christmas songs by Peter Cornelius. After the interval the choir performed contemporary carols by Rutter, Chilcott and a young North East composer Lucy Walker. The concert ended with Hillview Junior Academy choir singing Away in a Manger and Merry Christmas Everyone then joining with the choir to sing Oh Ebenezer and carols from A Christmas Carol written by our musical director David Murray.

In March 2024 the Choral Society presented our one hundred and eighty-first concert with a full orchestra and renowned international soloist Sarah Pring to mark our 75th year. The concert opened with the majestic I was Glad by Parry sung at the recent coronation. Sarah Pring sang Edward Elgar’s Sea Pictures accompanied by a full orchestra. Elgar’s The Music Makers filled the second half, a deeply personal piece for Elgar which references many of his most famous works. It is large scale requiring a full orchestra, choir and soloist.

On Saturday 18th May the Choral Society hosted a Come and Sing session with an open invitation to newcomers and members of other choirs in the North East. The session was led by David Murray, our musical director, with input from opera singer Anne Marie Owens who is the President of the Choral Society, accompanied by Jenny Sykes on piano. We rehearsed and sang a wide range of pieces from the Carpenters to Simon & Garfunkel and others of that era, that gave the visitors an opportunity to sing music which was perhaps rather different to their usual repertoire.

In June 2024 the Choral Society presented the last concert of our 75th Anniversary season featuring arrangements of 60s and 70s popular songs by our musical director David Murray. The concert also included a very lively performance by jazz violinist Emma Fisk of music associated with and inspired by early 20th century French jazz.

During the course of the year the Choral Society received a legacy which we will use to continue to present high quality concert performances; to purchase additional music scores for the choir; commission music from local composers; and offer bursaries to university student singers to sing with the Choral Society and perform some solo parts.

Public benefit statement

The trustees of Bishopwearmouth Choral Society are aware of the guidelines issued by the Charity Commission on public benefit.

Financial review

At the end of the year reserve funds were £26,707 held in a COIF Charities Investment Fund. The Choral Society draws down from this fund as necessary to cover the cost of our activities.

2

BISHOPWEARMOUTH CHORAL SOCIETY

Trustees Annual Report

For year ended 30 June 2024

The main sources of income are annual subscriptions from members and patrons; and ticket sales for concerts. Subscriptions and ticket prices are reviewed and increased from time to time and agreed by the membership.

The Choral Society also fundraises from coffee mornings, raffles and hire of scores to other choirs.

All income directly supports the purposes of the charity.

The COIF Charities Investment Fund follows a set of client-driven, value based investment restrictions.

Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. The Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Reference and administrative details

Charity name Bishopwearmouth Choral Society Charity number 507109 Operational address 241 Sunderland Road, South Shields

The trustees and officers serving during the year and since the year end were as follows:

Trustees Mike Foster - Chairperson Eileen Watson - Secretary Jeremy Cripps- Treasurer

Structure, governance and management

Governing documents

Constitution last revised 2nd September 2015

Constitution

Unincorporated association

Appointment of Trustees

Elected or re-elected annually by the membership at the AGM

3

BISHOPWEARMOUTH CHORAL SOCIETY

Trustees Annual Report

For year ended 30 June 2024

Organisation

The Choral Society is managed by a committee consisting of the Chairperson, Treasurer, Secretary, and a representative from each of the four sections of the choir. In addition the Conductor, Accompanist, Concert Manager, Business Manager, Patrons Officer, Publicity Officer and Librarian are ex-officio members of the Committee.

The committee meets six times during the course of each year.

We have a Patrons scheme as a way in which non-members can be associated with and support our group. They are asked for a donation in return for the benefit of advance concert information, a separate route for the purchase of tickets, and a pre-concert reception. They are also kept up to date with any other developments and are invited to any social events and act as audience ambassadors – by ordering concert tickets for friends along with their own.

Risk management

The Trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charity. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.

Principal risk facing the charity

The principal risk to Bishopwearmouth Choral Society is recruitment of new members. We address this by using Come and Sing days, social media and concert advertising to encourage interest in joining.

Statement of Trustee Responsibilities

The charity Trustees are responsible for preparing a Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Charity Trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the Trustees are required to:

4

BISHOPWEARMOUTH CHORAL SOCIETY

Trustees Annual Report

For year ended 30 June 2024

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on: 17/03/25 and signed on their behalf by:

Michael Foster Chairperson

M W Foster

M W Foster (Mar 18, 2025 13:37 GMT)

5

BISHOPWEARMOUTH CHORAL SOCIETY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 30 June 2024

I report on the financial statements of Bishopwearmouth Choral Society for the year ended 30 June 2024, which are set out on pages 7 to 14.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Jim Dodds 33 The Glebe Morpeth Northumberland NE61 6HW

Date: 17/03/25

6

BISHOPWEARMOUTH CHORAL SOCIETY

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 30 June 2024

5
6
Other trading activities
7
8
Expenditure on:
9
10
Total funds carried forward
Reconciliation of funds
Total funds brought forward
Notes
Total income
Donations and legacies
Income from:
Investments
Charitable activities
Grants and contracts
Raising funds
Operation of the charity
Total expenditure
Net movement of funds
Charitable activities
Unrestricted
Funds
£
15,448
12,896
2,076
450
30,870
80
26,217
26,297
4,573
29,176
33,749
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
Total
2024
£
15,448
12,896
2,076
450
30,870
80
26,217
26,297
4,573
29,176
33,749
Total
2023
£
8,325
11,416
1,792
483
22,016
50
28,411
28,461
( 6,445 )
35,621
29,176

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 9 to 14 form an integral part of these accounts.

7

Charity Number 507109

BISHOPWEARMOUTH CHORAL SOCIETY

BALANCE SHEET

As at 30 June 2024

Notes £ Total
2024
£
£ Total
2023
£
Current assets
Debtors 15 5,101 3,718
Cash at bank and in hand 16 30,514 25,458
Total current assets 35,615 29,176
Creditors:amounts falling due within
one year 17 ( 1,866 ) -
Net current assets 33,749 29,176
Total assets less current liabilities 33,749 29,176
Total net assets or liabilities 33,749 29,176
Funds of the charity
Unrestricted income funds 33,749 29,176
Restricted income funds - -
Total funds 33,749 29,176

The notes on pages 9 to 14 form an integral part of these accounts.

These financial statements were approved by the Board on: 17/03/25

and are signed on its behalf by: Jeremy Cripps
Treasurer

8

BISHOPWEARMOUTH CHORAL SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

1 Accounting Policies

The principle accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Bishopwearmouth Choral Society meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £33,749 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliably.

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance or provision of other specified service is deferred until the criteria of income recognition are met.

9

BISHOPWEARMOUTH CHORAL SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

3.6 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.7 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investment and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.8 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charities' work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of concerts and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

10

BISHOPWEARMOUTH CHORAL SOCIETY

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

4 Expenditure and liabilities continued

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

Analysis of income

5
Donations and legacies
6
Charitable activities
Library hire
7
Other trading activities
8
Income from investments
Fund-raising
Bank interest
Tickets and programmes
Patrons
Other income
Donations
Gift Aid
Legacies
Membership subscriptions
Unrestricted
Funds
£
3,322
1,364
10,762
15,448
5,364
5,950
377
860
345
12,896
2,076
2,076
450
450
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
2024
£
3,322
1,364
10,762
15,448
5,364
5,950
377
860
345
12,896
2,076
2,076
450
450
Total
2023
£
6,082
2,243
-
8,325
3,966
5,340
892
1,218
-
11,416
1,792
1,792
483
483

Income was £30,870 (2023: £22,016) of which £30,870 was unrestricted or designated (2023: £22,016) and £0 was restricted (2023: £0).

11

BISHOPWEARMOUTH CHORAL SOCIETY

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

Analysis of expenditure on charitable activities

9
10
Raising funds
Charitable activities
Direct costs
Support costs
Governance costs
Come and sing
Coffee morning costs
Concert venue hire
Musician fees
Instrument and score hire
Publicity and programmes
Making Music fee subscrition and insurance
Hire and rehersal venues
Piano and tuning
Independent examiner's fees for reporting on
the accounts
Student singer lessons
Other expenditure
General admin and expenses
Website
Hire Library expenses
Insurance & Royalties
Equipment
Unrestricted
Funds
£
80
-
80
1,771
15,867
1,668
721
779
123
210
100
323
-
3,935
320
-
-
400
26,217
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
2024
£
80
-
80
1,771
15,867
1,668
721
779
123
210
100
323
-
3,935
320
-
-
400
26,217
Total
2023
£
-
50
50
3,325
15,672
870
531
-
113
210
83
330
252
3,035
600
200
3,190
-
28,411

Expenditure on charitable activities was £26,297 (2023: £28,301) of which £26,297 was unrestricted or designated (2023: £28,301) and £0 was restricted (2023: £0).

11 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2024
£
400
400
2023
£
-
-

There were no other fees paid to the examiner (2023: £nil)

12

BISHOPWEARMOUTH CHORAL SOCIETY

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

12 Analysis of staff costs, and the cost of key management personnel

The charity does not currently employ any staff.

The key management personnel of the charity, comprise the trustees. The total employee benefits of the key management personnel of the charity were £0 (2023: £0).

13 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There has been no related party transactions in the reporting period.

14 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

15 Debtors and prepayments (receivable within 1 year)

16
Short term cash investment
Short term deposits
Cash at bank and in hand
Cash at bank and in hand
Other debtors
Gift Aid
2024
£
5,081
20
5,101
2024
£
-
26,707
3,807
30,514
2023
£
3,718
-
3,718
2023
£
18,715
5,477
1,266
25,458

17 Creditors and accruals (payable within 1 year)

Independent examination of accounts
Trade creditors
Accruals
2024
£
1,466
400
1,866
2023
£
-
-
-

13

BISHOPWEARMOUTH CHORAL SOCIETY

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 June 2024

18 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

19 Analysis of charitable funds

Analysis of movements in unrestricted funds

Unrestricted funds
General unrestricted fund
Totals
Fund
balances
brought
forward
£
29,176
29,176
Incoming
resources
£
30,870
30,870
Resources
expended
£
( 26,297 )
(26,297)
Transfers
£
-
-
Fund
balances
carried
forward
£
33,749
33,749

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity.

20 Capital commitments

As at 30 June 2024, the charity had no capital commitments (2023 -£nil).

21 Analysis of net assets between funds

nalysis of net assets between funds
Other net current assets/(liabilities)
Cash at bank and in hand
Unrestricted
Funds
£
30,514
3,235
33,749
Restricted
Funds
£
-
-
-
Total
2024
£
30,514
3,235
33,749
Total
2023
£
25,458
3,718
29,176

14