2025-03-31-accounts - Cor Meibion De Cymru - The South Wales Male Choir

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REGISTERED CHARITY NUMBER: 513349R

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

COR MEIBION DE CYMRU – THE SOUTH WALES MALE CHOIR

Michael J McGivern CMDC Treasurer 166 Pencisely Road Cardiff CF5 1DP

COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

	Page
Report of the Trustees	2 to 3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet	6
Notes to the Financial Statements	7 to 12
Detailed Statement of Financial Activities	13 to 14

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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

Objectives and aims

The Charity's objects are to foster and promote the education of the general public in the appreciation of music in all aspects and to co-operate with local authorities, education institutions and cultural societies relating to the practice, presentation and study of music, inter alia, to promote better and more widespread performance of male choral work, both inside and outside of the United Kingdom And for the furtherance of good understanding and international co-operation in choral work between similar foreign choirs and communities.

ACHIEVEMENT AND PERFORMANCE

During the year the choir engaged in fewer events that helped raise money for charities. However, it did conduct a fund-raising concert in Llandeilo for the Golden Grove Trust.

FINANCIAL REVIEW

Financial position

At 31 March 2025 the Charity had total assets of £39,406 of which £15,445 were restricted and £23,961 were unrestricted free reserves. These figures are adjusted to reflect the Gethin Davies legacy fund.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The details can be summarised into the following sections: a) Object of the Choir.

b) Charitable Status c) Membership d) Management e) Officers and Committee f) Finance g) Annual Subscriptions h) Voting i) Requests for Concert work. j) Official Choir Uniform. k) Annual General Meeting l) General Rules m) Alteration to the Constitution n) Dissolution

o) Date of Adoption of Revised Constitution

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 513349

Principal address

11 Tockenham Corner Tockenham Royal Wootton Bassett Wiltshire SN4 7PF Trustees Gareth Huw Davies Concert Organiser - Wales Peter Edkins Recruitment/Website Jeff James Concert Organiser - England Anthony Hayes Librarian Michael McGivern Treasurer Peter Oliver Tours Organiser Tan Powell Choir Marshall Geoffrey Smallbone Chair Guy Edwards Secretary Bob Lewis Member Rob Shufflebottom Member David Stewart-Walvin Public Relations Officer Gwynlais Phillips Vice Chair from 2022

Independent Examiner The Archetype Accountants Ltd Chartered Certified Accountants 68 Ffordd Parc Castell Bodelwyddan Rhyl LL18 SWD

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Approved by order of the board of trustees on A Met 2S ang signed on its behalf by:
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Ze - Trustee
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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR EXAMINER'S REPORT TO THE TRUSTEES OF COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

_______________

The examiner's report to the trustees of Cor Meibion De Cymru - The South Wales Male Choir

I report to the charity trustees on my examination of the accounts of Cor Meibion De Cymru- The South Wales Male Choir (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's 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:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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 to enable a proper understanding of the accounts to be reached.

Reviewed by:

Janita Heaton-Rue FCCA

The Archetype Accountants Ltd

68 Ffordd Parc Castell Bodelwyddan Rhyl LL18 5WD

Date: 18[th] August 2025

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note s INCOME AND ENDOWMENTS FROM Donations and Legacies 2 Charitable Activities 5 Choir Other trading activities 3 Investment income 4 Total 13,713EXPENDITURE ON Raising funds Charitable activities Choir Total NET INCOME/(EXPENDITURE) Transfers between funds 11 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricte d funds £ 11,311 11,233 405 401 23,350 0 23,203 23,203 0 147 23,814 23,961	Restricte d funds £ 0 170,923 0 462 171,385 0 161,722 161,722 0 9,663 5,782 15,445	31.3.25 Total funds £ 11,311 182,156 405 863 194,735 0 184.925 184,925 0 9,810 29,596 39,406	31.3.24 Total funds £ 17,399 70,297 165 317
				88,178
				0 80,982
				80,982
				0
				7,196 22,400
				29,596

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

BALANCE SHEET MARCH 2025

Unrestricted funds £ 635 0 23,326 23,961 0 23,961 23,961	Restricted funds £ 0 0 15,445 15,445 0 15,445 15,445	31.3.25 Total funds £ 635 0 38,771 39,406 0 39,406 39,406	31.3.24 Total funds £ 705 5,952 86,927
			93,584 - 63,988
			29,596
			29,596
23,961	15,445	39,406	29,596
		23,961 15,445 39,406	23,814 5,782
			29,596

The financial statements were approved by the Board of Trustees and authorised for issue

on …………………… and were signed on its behalf by:

……………………………..

Mr M McGivern – Treasurer CMDC

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 ACCOUNTING POLICIES

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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), Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

INCOME

All income is recognised in the Statement of financial Activities once the charity has entitlement to the funds. It is probable that the income will be received, and the amount can be measured reliably.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been attributed to activities on a basis consistent with the use of resource.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

The charity is exempt from tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2 DONATIONS AND LEGACIES

Donations Subscriptions Friends’ membership	31.3.25 £ 3,791* 6,860 660 11,311	31.3.24 £ 8,849 7,620 930
		17,399

*Does not include £15 Christmas card sales.

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

3 OTHER TRADING ACTIVITIES

CD Sales Royalties Christmas Card Sales 4 INVESTMENT ACCOUNT INCOME Deposit Account interest 5 INCOME FROM CHARITABLE ACTIVITIES* Activity Performances Choir Travel Income Choir	£ 390 0 15 405 31.3.25 £ 863 31.3.25 £ 11,233 170,923 182,156	£ 20 0 145
		165
		31.3.24 £ 317
		31.3.24 £ 12,192 58,105
		70,297

6 TRUSTEES' REMUNERATION AND BENEFITS TRUSTEES' EXPENSES

Trustees recommenced claiming travel expenses.

Trustees' expenses

31.3.25	31.3.24
£	£
1,253	275

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

7 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM Donations and Legacies Charitable activities Choir Other trading activities Investment Income Total EXPENDITURE ON Raising Funds Charitable activities Choir Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought Forward TOTAL FUNDS CARRIED FORWARD 8 STOCKS Stocks (valued at 90% previous year)	Unrestricted funds £ 17,399 12,192 165 317 30,073 0 26,096 26,096 3,977 19,837 23,814	Restricted funds £ 58,105 58,105 54,886 54,886 3,219 2,563 5,782 31.3.25 £ 635	Total funds £ 17,399 70,297 165 317
			88,178
			0 80,982
			80,982
			7,196 22,400
			29,596
			31.3.24 £ 705

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

9 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Deferred income Accrued expense 11 MOVEMENT IN FUNDS Net movement At 31.3.24 in funds £ £ Unrestricted General fund 23,814 147 Restricted funds Gavin Thomas legacy fund 2,563 0 Travel fund 3,219 9,663 5,782 9,663 TOTAL FUNDS 29,596 9,810 Net movement in funds, included in the above are as follows: Incoming resources Unrestricted £ General fund 23,350 Restricted funds Travel fund 171,385 TOTAL FUNDS 194,735	31.3.245 £ 0 0 0 31.3.25 £ 0 0 o Transfers between funds £ 0 0 0 0 0 Resources expended £ 23,203 161,722 184,925	31.3.24 £ 2,500 3,452
		5,952
		31.3.24 £ 15,010 48,408 570
		63,988
		At 31.3.25 £ 23,961 2,563 12,882
		15,445

		39,406
		Movement in funds £ 147 9,663
		9,810

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

11 MOVEMENT IN FUNDS - continued

Comparatives for movements in funds

Unrestricted funds General fund Restricted funds Gethin Thomas legacy fund Travel fund TOTAL FUNDS	At 1.4.23 £ 19,837 2,563 22,400	Net movement in funds £ 3,977 - 3,219 7,196	At Total 31.3.24 £ 23,814 2,563 3,219
			29,596

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Travel fund TOTAL FUNDS	Incoming resources £ 30,073 58,105 88,178	Resources expended £ 26,096 54,886 80,982	Movemen t in funds £ 3,977 3,219
			7,196

RESTRICTED FUNDS

Gethin Thomas legacy fund - This fund is available to choir members in need.

Travel fund - This fund consists of income received from members towards concert travel costs. These monies can only be used for that purpose.

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

12 RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

13 DEFERRED INCOME

Deferred income consists of travel income received in advance of the trip.

Balance brought forward Released in the year Deferred in the year	31.3.2025 £ 48,408 -48,408 0 0	31.3.2024 £ 2,923 - 2,923 48,408
		48,408

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS Donations and Legacies Donations (excludes Christmas Cards) Subscriptions Friends Membership Other Trading activities CD Sales Royalties Christmas Cards Investment Income Deposit account interest Charitable activities Performances & Weddings Travel Income Total incoming resources EXPENDITURE Other trading activities Compact discs Charitable activities Performance costs Music Purchase/Licencing Group practices Travel costs	31.3.2025 £ 3,791 6,860 660 11,311 390 15 405 863 11,233 170,923 182,156 194,735 - - 7,268 1,542 12,141 161,722 182,673	31.3.2024 £ 8,849 7,620 930
		17,399 20 145
		165 317 12,192 58,105
		70,297
		88,178
		6,516 3,100 12,449 54,886
		76,951

This page does not form part of the statutory financial statements.

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COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Support Costs Management General running costs Governance costs Trustee expenses Independent examination fee Total resources expended Net Expenditure	31.3.2025 £ 579 1,253 420 1.673 184,925 9,810	31.3.2024 £ 2,256 275 1,500
		1,775
		80,982 7,196

This page does not form part of the statutory financial statements.

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