**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**||



Page | 1 

## **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 

Page | 2 

## 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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**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: 

1. 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 

3. 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 

Page | 4 

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

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



Page | 5 

## **COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR** 

## **BALANCE SHEET MARCH 2025** 

|Notes<br>**CURRENT ASSETS**<br>**Stocks**<br>8<br>**Debtors**<br>9<br>**Cash in Bank**<br>**Total**<br>**CREDITORS**<br>**Amounts falling due within one year**<br>10<br>**CURRENT NET ASSETS**<br>**TOTAL ASSETS LESS**<br>**CURRENT LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>11<br>**Unrestricted funds**<br>**Restricted Funds**<br>**TOTAL FUNDS**|Unrestricted<br>funds<br>£<br>635<br>0<br>23,326<br>23,961<br>0<br>23,961<br>23,961|Restricted<br>funds<br>£<br>0<br>0<br>15,445<br>15,445<br>0<br>15,445<br>15,445|31.3.25<br>Total<br>funds<br>£<br>635<br>0<br>38,771<br>39,406<br>0<br>39,406<br>39,406|31.3.24<br>Total<br>funds<br>£<br>705<br>5,952<br>86,927|
|---|---|---|---|---|
|||||93,584<br>-<br>63,988|
|||||29,596|
|||||29,596|
||23,961|15,445|39,406|29,596|
||||23,961<br>15,445<br>39,406|23,814<br>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 

Page | 6 

**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<br>Subscriptions<br>Friends’ membership|31.3.25<br>£<br>3,791*<br>6,860<br> 660<br>11,311|31.3.24<br>£<br>8,849<br>7,620<br> 930|
|---|---|---|
|||17,399|



*Does not include £15 Christmas card sales. 

Page | 7 

## **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 *<br>Royalties<br>Christmas Card Sales<br>**4      INVESTMENT ACCOUNT INCOME**<br>Deposit Account interest<br>**5      INCOME FROM CHARITABLE**<br>**ACTIVITIES**<br>Activity<br>Performances<br>Choir<br>Travel Income<br>Choir|£<br>390<br>0<br>15<br>405<br>31.3.25<br>£<br>863<br>31.3.25<br>£<br>11,233<br>170,923<br>182,156|£<br>20<br>0<br>145|
|---|---|---|
|||165|
|||31.3.24<br>£<br>317|
|||31.3.24<br>£<br>12,192<br>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|



Page | 8 

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



Page | 9 

## **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**<br>Other debtors<br>Prepayments<br>**10   CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other creditors<br>Deferred income<br>Accrued expense<br>**11  MOVEMENT IN FUNDS**<br>Net<br>movement<br>At 31.3.24<br>in funds<br>£<br>£<br>**Unrestricted**<br>General fund<br>23,814<br>147<br>**Restricted funds**<br>Gavin Thomas legacy fund<br>2,563<br>0<br>Travel fund<br>3,219<br>9,663<br>5,782<br>9,663<br>**TOTAL FUNDS**<br>29,596<br>9,810<br>Net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>**Unrestricted**<br>£<br>General fund<br>23,350<br>**Restricted funds**<br>Travel fund<br>171,385<br>**TOTAL FUNDS**<br>194,735|31.3.245<br>£<br>0<br>0<br>0<br>31.3.25<br>£<br>0<br>0<br>o<br>Transfers<br>between<br>funds<br>£<br>0<br>0<br>0<br>0<br>0<br>Resources<br>expended<br>£<br>23,203<br>161,722<br>184,925|31.3.24<br>£<br>2,500<br>3,452|
|---|---|---|
|||5,952|
|||31.3.24<br>£<br>15,010<br>48,408<br>570|
|||63,988|
|||At<br>31.3.25<br>£<br>23,961<br>2,563<br>12,882|
|||15,445|
||||
|||39,406|
|||Movement<br>in funds<br>£<br>147<br>9,663|
|||9,810|



Page | 10 

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



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

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Travel fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>30,073<br>58,105<br>88,178|Resources<br>expended<br>£<br>26,096<br>54,886<br>80,982|Movemen<br>t<br>in funds<br>£<br>3,977<br>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. 

Page | 11 

## **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<br>Released in the year<br>Deferred in the year|31.3.2025<br>£<br>48,408<br>-48,408<br>0<br>0|31.3.2024<br>£<br>2,923<br>- 2,923<br>48,408|
|---|---|---|
|||48,408|



Page | 12 

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

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



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

Page | 13 

## **COR MEIBION DE CYMRU - THE SOUTH WALES MALE CHOIR** 

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

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



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

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