## **AGM TREASURERS REPORT FOR YEAR ENDED 31 JULY 2022** 

As we have started to see the end of the Covid lockdown and restrictions we see the reflection in the activity of the Choir and an increase in the income and expenditure transactions compared to 2021. 

Concert  income,  lottery  and  CD’s  saw  an  improvement  on  the  last financial year and the Six Nations saw a total of £530 donated. Our patron donations saw a small increase from £90 to £210 this financial year and again an increase in donations from our choristers. 

With the income increasing, we naturally saw our expenditure rise which covers our room hire, artist fees, printing & stationary and new music. 

As always, some fixed items remain such as Bank charges, insurance, IT & website. 

Overall, we saw a deficit for the year totalling £4,973.66 which is a steep increase from 2021.  We can expect to see our expenditure to continue to be at similar or increased levels when we take into account the rising costs we see across the country, with businesses and the public being affected  by  the  increased  cost  of  living.   We  therefore  have  had  to consider our financial position to ensure that the choir remains solvent moving forwards which has been addressed in previous meetings and examples such as an increase in subs as one small step towards improved financial health. 

Following the suggestion of investment opportunities at the committee meeting  on  October  25[th] ,  I  have  approached  a  wealth  management company for some initial advice based on how we operate as a charity and what would suit our needs.  I will keep the committee updated. 

The  Gift  Aid  claims  have  been  instigated  once  again  as  we  had  a significant period of time of no submissions.  The Covid period naturally had a significant impact on donations coming in meaning a reduction in potential Gift Aid.  Based on current rules which were robustly updated in April this year and previous claim periods, we have lost some funds here. However, I am confident we are back on track and up to date.  At the time of writing, we have submitted 2018-2019, 2019-2020, 2020-2021 and I’m pleased to say that HMRC have paid on all, meaning a total gift aid income of £4,152.22.  The next submission to be completed will be for financial year 2021-2022. 

Our auditor Eileen has reviewed the accounts and prepared her IER which is available for review and will be subject to the annual return for the charity commission.  Lesley Williams 

Treasurer HPMVC 



14.11.22

**Charity No: 515177** 

## **Hereford Police Male Voice Choir Receipts and Payments Account 2021-22** 

|Opening balance  01/09/2021|£22,247.17||
|---|---|---|
|**Title**|**Income**|**Expenditure**|
||**£**|**£**|
|**Members donations (subs)**|**3,640.00**||
|**Patrons donations (subs)**|**210.00**||
|**Bursary**|**0.00**|**2,000.00**|
|**Lottery**|**1,047.00**||
|**Uniform**|**0.00**||
|**Tickets/Concerts**|**1,184.00**||
|**Travel**|**115.00**|**300.00**|
|**Annual Dinner 2021**|**993.00**|**997.00**|
|**Donations J**|**250.00**||
|**Chorister Donations**|**2,365.00**||
|**CD/DVD**|**75.00**||
|**Cornwall trip**|**14,577.00**|**14,598.20**|
|**Cornwall Meal**|**997.50**|**897.00**|
|**Annual Concert**|**1,021.00**||
|**6 nations**|**530.00**|**75.00**|
|**Xmas Meal 2022**|**580.00**|**630.00**|
|**Concert Fees**|**3,045.00**||
|**Fundraising**|**1,097.33**||
|**Sponsorship**|**900.00**||
|**Refunds**|**292.00**|**520.00**|
|**Bank Charges**||**123.24**|
|**Insurance**||**414.37**|
|**IT/Website**||**160.88**|
|**MD Expenses**||**1,170.08**|
|**Honorarium**||**4,000.00**|
|**Artist Fees**||**3,310.00**|
|**Ross Expenses**||**106.07**|
|**Hospitality**||**84.86**|
|**Room Hire**||**4,350.25**|
|**Music**||**2,112.20**|
|**Printing / Stationery**||**255.00**|
|**Chorister Expenses**||**437.38**|
|**Donations**||**510.00**|
|**Cornwall Expenses**||**705.48**|
|**Tewkesbury Expenses**||**135.48**|
|**TOTAL**|**£32,918.83**|**£37,892.49**|
|Deficit for the year|-£4,973.66||
|**Closing Balance at 31/07/2022**|**£17,273.51**||
|Represented by:|||
|Bank balance @ 31 July 2022|£17,163.46||
|Cash in hand|£110.05||
|**Total funds**|**£17,273.51**||



Prepared by: Lesley Williams, Treasurer Independently examined by: Eileen Lloyd 23rd October 2022 



CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
R•port to the trus
membprs of
Hereford Police IAale Voice Choir
On accounts forthe year
ended
31" July 2022
Charity no
(rf any)
515177
I re[￿￿ to the trustees ￿ my examinati￿ (rfthe a(X￿ntS of the above
charity (Ihe Tntsn f￿ year ended 31107121Y22.
Responsibililies and As the charity trustees of the TrusL you are resTY)nsible for the preparation
basis of report ￿ the accounts in aC¢c*dan￿ ￿￿th the of the Charities Ac*
2011 (Ihe Acr).
I retKIrt in resrkd of my examination of the Trusfs accounts s%rried oui
under secbon 145 of the 2011 Act and in carying out my examination. I
have tdlowed the applicable Directions given by thÈ Charity Commi&8ion
under section 145(5Xbl of the Ac
I have complel&J my examination. I confim that no material matters have
come to my attention in connection *ith the examination which gives me
(ause to believe that in, any material ￿spe¢L
accountiw records were not kept in acu)rdance wtlh section 130 of
the Act
the accounts do nd accord with the actsjuntiry records
Independent
examinerfs statement
I have Tr) cx)ncerrs and have come axjss no other matters in connedN)n
with the examination to which attention shwkj be drawn in order to enable a
proper urxkrstandiThJ of the accwnts to reached.
Signod-
23° Oclober 2022
Namo:
leen Lbyd
Relevant professional
qualification(s) or body
(rf any):
ssociate of Chartered Institute of Management Acccmjntants
Address:
W(KKJbine H￿Se. Marden
Hereford
HR13DX
IER

SectiO￿B
Disclosure
Only complete rf the examiner needs to highlight matters of cOn￿M (see CC32,
Independent examination of charity ￿xIunts. directions and guidance for
exami￿￿￿).
Give hero brief details of
any items that the
examinèr wishes to
disclose.
IER