## **Trustees’ Annual Report for the period** **From 1 April 2023 Period start date To 31 March 2024 Period end date** ## **Charity name: Gwent Bach Choir** ## **Charity registration number: 511903** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To educate the public in the art and
appreciation of music by the presentation
of concerts and other activities.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The choir has performed three public
concerts.
During the Christmas period carols were
sung in a local Old Persons Home and as
part of a service in a rural church. The choir
also held a Carol Concert with half of the
profits being donated to the local Food
Bank.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have been made aware of
Public benefit: rules for charities and have
had regard for that guidance when carrying
out any activities.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|N/A| |Policy on social investment
including program related
investment|Para 1.38|N/A| |Contribution made by
volunteers|Para 1.38|The Choir is fully run by volunteers. A
range of jobs are covered including
trustees, committee, providing
refreshments at rehearsals, fundraising
through raffles at rehearsals, providing
front of house support at concerts and
organising staging / seating at concerts.| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Performing several concerts each year
contributes to the cultural life of the town
and surrounding area.
Details for the 2023-24 period were:-
April 2023 – the Choir performed St
Matthew Passion by Johann Sebastian
Bach - benefits were education and
enjoyment of the music by the audience.
July 2023 – Summer Concert – a more
informal selection of musical items – the
main benefit of this concert is enjoyment of
music on a summer afternoon.
November 2023 – the Choir performed
Donna Nobis Pacem by Ralph Vaughan
Williams and Requiem by Gabriel Fauré –
benefits were education and enjoyment of
the music by the audience.
Christmas 2023
– carol singing at a local residential
home - benefits are the known effect
of music on mental health
-
carol singing in a local rural church -
benefits, the enhancement of the
service for the parishioners
-
a concert of Christmas Songs and
Carols with a donation od £300
made to the local Food Bank - it
helped to supply food parcels over
the Christmas period
In addition, the members benefit by
belonging to the choir, in particular
regarding the effect on physical and mental
health and quality of life.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Income for the year = £29027
Expenditure = £26839
Resulting in an excess of £2188
Total funds=£46179| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held to maintain a healthy
cash flow position and to allow the
occasional performance of a major work
where costs will significantly exceed
income.| |Amount of reserves held|Para 1.22|£20,000 made up of
£10,000 – originally from a legacy to the
Society where the annual income was to be| |||applied to the hiring of professional
musicians for concert performances.
£10,000 – the average cost of a large
concert.| |---|---|---| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Funds mainly come from member’s
subscriptions.
Additional fundraising comes from weekly
raffles in rehearsals and social events for
choir members
Tickets are sold for concerts although
concerts are usually run at the choir’s
expense| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|The main risk would be the necessity to
cancel a concert at short notice or very
poor ticket sales| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Constitution adopted 1952 as amended
7/12/1973 and 6/6/2013 as amended on 23
MAY 2019 as amended on 18 MAY 2017
as amended on 27 APR 2023| |How is the charity
constituted?|Para 1.25|Unincorporated| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The three officers of the Committee are
Trustees. These are elected by the Choir
Membership| ## **Reference and Administrative details** Charity name Gwent Bach Choir Other name the charity uses Gwent Bach Society Re istered charit number Charity's principal address 511903 11, Croesonen Park. Abergavenny. NP7 6PD Names of the charity trustees who manage the charlty (durlng 2023 - 2024 Dates acted If not for whole TN•tse nam• offi￿ (If any) Name of pernon (or Ix)dyl enlltled toa olnt trustso ifan Antoinette Glynn Marianne Last Chairperson Secretary Treasurer Diane Lloyd Corporate trustees - names of the directors at the date the report was approved - NIA Name of trustees holding title to property belonging to the charity - NIA Funds held as custodian trustees on behalf of others - NIA Declarations The trustees declare that they have approved the trustses, report above. Slgned on bohalf of tho charlty's trustses Slgnaturnls) Full name(s) Posltlon (eg Socretsry, Chalr, etc) Antoinette May Glynn Chair Date ID-/6-Zè)24 ## **GWENT BACH SOCIETY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR** ## **THE YEAR ENDED 31 MARCH 2024** |**Notes**
**Income**
Donations
Members Subscriptions
Income Tax Refunds (Gift Aid)
Patrons Subscriptions
Rehearsal Raffles
Music Sales
*
Fund Raising
Interest on Deposit
Concert Income
**TOTAL INCOME**
**Direct Charitable Expenditure**
Concert Expenditure
Depreciation - Equipment
**Other Expenditure**
Rehearsal Costs
Donation Paid
Subscriptions & Insurances
Administration (inc. Web Mtce)
**Total Expenditure**
**Net Resources**
Gain/Loss on revaluation of Investments(COIF)
**Fund Balances Brought Forward**
**Fund Balances Carried Forward**|**Unrestricted**
**Restricted**
**Total**
**2023**
**Funds**
**£**
**£**
**£**
**£**
1,000
1,000
0
10,211
10,211
8,873
2,545
2,545
2,170
805
805
700
1,142
1,142
1,016
1,878
1,878
1,392
1,342
1,342
598
735
735
665
9,369
9,369
5,706| |---|---| ||29,027
0
29,027
21,120| ||14,890
14,890
9,309
109
109
122| ||14,999
0
14,999
9,431
10,378
10,378
10,830
300
300
0
450
450
253
712
712
601| ||26,839
0
26,839
21,115| ||2,188
0
2,188
5
2,051
2,051
(891)
41,940
0
41,940
42,826| ||£46,179
£0
£46,179
£41,940| * Consists of Social Group activities ## **GWENT BACH SOCIETY** ## **BALANCE SHEET AS AT 31 MARCH 2024** |**Notes**
**Fixed Assets**
**Current Assets**
Debtors and Prepayments
Cash Float
Bank - Current Account
Bank - General Deposit Account
COIF Deposits at market value
**Current Liabilities**
Creditors
**Net Current Assets**
**TOTAL ASSETS**
**FUNDS**
General Purposes
-
**TOTAL FUNDS**|**2024**
**£**
980
3,373
140
11,718
7,958
24,712
£47,901
2,702
£2,702
£45,199
£46,179
46,179
£46,179|**2023**
**£**
1,089
646
6
16,885
3,223
22,661| |---|---|---| |||£43,421| |||2,570| |||£2,570| |||£40,851| |||£41,940| |||41,940| |||£41,940| ## **Concert Accounts** ||||||||**Total**|| |---|---|---|---|---|---|---|---|---| ||**St.Matthew - Apl 2023**|**Summer**|**23**|**Nov-23**||**Carols**||| |||**£**||||||**£**| |**Income**||||||||| |Tickets & Programmes|3,690||1,108||3,847|724||9,369| |Music Hire & Sales|446||590||715|127||1,878| |||||||||0| |**Total Income**|**4,136**||**1,698**||**4,562**|**851**||**11,247**| |**Expenditure**||||||||| |Musicians|9,050||546||1,810|57||11,463| |Music Purchase & Hire|438||558||795|107||1,898| |Publicity|151||115||101|0||367| |Programme Costs|72||||60|0||132| |Other (Venue costs etc.)|400||170||400|60||1,030| |**Total Expenditure**|**10,111**||**1,389**||**3,166**|**224**||**14,890**| |**NET COSTS**|**(£5,975)**||**£309**||**£1,396**|**£627**||**(£3,643)**| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GWEIYT BACH SOCIETY I rewrt on the finar￿1￿1 ststements of the Gwent B￿￿ Society for the year ended 31 March 2024 which is atthched. Respective responsibilities of trnstees and exAmintr The charity's trustees are reswnsible for the p￿ph￿l￿On of the accounts. 'll)e chariry's Irust¢¢s constder that an audil is noi requittd for this year under section 144 of the ChArilies Aci 2011 {'the Charities A¢i') aThl thai on indepewKlcni exwninatson is needed. li is my resp)nsibility 10- examine the a¢￿U￿￿ ynd¢r se¢tioJ) 145 of the Chorities ACL to follow the procedures laid th)wn in the g¢neral Directions giv¢n by the Charity Commission (under section 145(5Xb) ofthe Charitics ACL and 10 slate wkther particular mattrrs have come to my ￿lenti0 Basis of independent ex*miDeVJ Jtatement My examinaiion was Larri¢d out in h¢¢ordJn¢¢ with Genernl Directions given by thc Charity Commission. An examinaiion includcs a rcvicw of accounting records kept by the charity and a comparison of the accounts presented with those records. li a]so includes considerdtion ofany unusual items or di5closurcs in the accounls and seeking explanations from the inLStees concerning such matters. The procedures undertaken do noi provide all ihe evidence ihat would bc required in an audil. and consequently no opinion is given &8 io whether the aecounis pr¢s¢ni Tue and faif view and the re￿)rt is limiied kn thos¢ man¢rs sei oul in the sthtement below. lttd¢pend¢D¢ ¢i*miner's sl*tement In connection with my examinatiotL no matter b&8 come to my attention: which giv¢s me re&wnabl¢ Cause io believe that in any maleria] resixct the requiremenLs: lo keep accouniing records in accordarKe with section 130 of the Charities Aci. lo prepare accounts which acconl wtth the ¥¢ounltng records and to comply with the accounting requirements of the Charities Act. havc not been tnet" OT 2. to Mthich in my opinion. attention should be drnwn in ordv to enable a proper undersiatmling of the accout)is io be texhed. Vaughan Bennett Ac¢ountAn¢ Lrickhowell powys April 2024