ENGLISH BAROOUE CHOIR English Baroque Choir Limited Annual Report And Unaudited Financial Statements Year Ended 31" July 2023 *BCvL55jty 2710112ff24 COMPANIES HOUSE B24
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Company Number: 02000984 Registered Charity: 800398
English Baroque Choir Limited Financial Ststements for the Year Ended 31¥ Jwty 21n3 Contents Page Legal and Athninistrative Details Trustees, Report Statement of Directors, Responsibilities Independent Examincr's Report Statement of Financial Activities Balance Shect io Notes to the Accounts 11- 18
English Ban)que Choir Limited Financial Statements for the Year Ended 3151 July 2023 LEGAL AND ADMINISTRATIVE DETAIIS l. Regisiered Addres5 FI>r. CJpiixl Tow¢r 91 waterf Road. iA)ndon. SEI 8RT Website: v4ww.ebr.o E-rnail= infoOtbc.o 2. Key personnel advisers Chairmall Co•c¢rt PI•DD¢r TresuYer CofflpaHy Secretary Publicity Co-ordinato Membership S¢frtt¥ry Con¢ert Mnager Musital Direttor C0Mittee Methbtr Ben Karp. Kale Bone. Ra) Cthrlson Chri5 Siva-Prakasam Kryst)ma Kujawinska L¢y Spicer Daniela MolAyesha Labrom Harry Bradford * Dirertor undu ¢ompany law BAnlKe TSB Bank plc 7 Hi8hland Par Cockf051er5 Barnei HerTfoTtshire EN4 ODA lttdtpt#dent tXAthbiher Dip¢sh Girl BS¢lHonsl BFP ACA Arnold Hill & Co LLP FlrN)r. Capitsl Tower. 91 Waterl(M) Ro&1. )ndon. SEI 8RT l•vts¢meTrt m*Ze M&G Group M&G House Vicioria Road Chelmsford CMI IBF
English Bariwue Choir Limited Financial Stalemenls for the Year Ended 31st Ju 2023 TRUSTEES, REPORT (INCLUDING DIREcfoR'S REPORT) The Trnsiees are pleased to present their Repon roge1 with th¢ financial 5tatemcnls for the year ended 31" July 2023. Trustees and Dir¢¢tors Detsils of the Direciors and other officers of the Charity are as shown on page 3. The Trustees. who are also ihe Dirwor5 of the charitable company. art selected from those members of ihe Choir thai pui ihemselves forward as having the time, dedicaiion, abiliry and enthusiaSlTI to becorne involved in ihe adminisiracion of the Charity. Appoinimtnis are conferred by the voting membership at the Annual General Meeting Before appointment a5 a Trustee, the Board of Tn]stees FKovides a full explanation of the nawre of the p05iiion, its r¢5ponsibilities and requirernents and provides an induction pack. Retiring by roiatloll 15 Mrs Bone who. being eligible. sutrfnits herself for reappointment. Pritscipal a¢tivity The principal activity of the Chaiiry is ihe perfomiance of classical chornl mu51C. Objects The Objects of th¢ Charrty are for the publie benefit and as set out in its TnJs( Deed are to promote. maintsin. improve and advance education of the public in the fields of choral music. church mu51¢. op¢ra and other classical works and 1¢81 and vocal com}S1110n5 of all kinds. Organiq2tion membehp The Charity is oyganised as an amateur choir with up to eighty auditioned members. Regular rehearsals are held 10 enable ihe perfomance of approximately Six concerts per year. (li) Board of Dirtt¢ors Committe¢ A Board of Directors and a Committee administer thc Charity. The number of Directors 15 subj¢d to a rninimum ofthree and a maximurrt of nine. One-thtrd of the DirectOTS retire annually by roration at ihe Annual General Meeiing. The DI10rS and Committee are eleCd from the membership by the membership at the Annual Genernl Meding The Board of Directors and Committee consist of urlpaid volunieets upon whom the Charity is dependent for its continued exisr¢n¢e_ Meeting5 arc held at regular inlervals io tonsider financial results and plan for fiJNre perfomiances. The Treasurer issues regular reports at these meetings to explain the financial posilion of ihe Chariry and the implieaiions of resulrs to date on the planned concert programme.
English Baroque Choir Limited Fina#¢ial Statements for the Year Ended 31st Juty 2023 THE TRUSTEES, REPORT (Continued) (iii} Patrons frd Sponsors The Ch?rity, like rn051 choirs perfomis a repertoire of music that is n¢¢essarily dependent on the gen¢r05iry and support of its Patrons and Sponsows. This is an important 50ur¢e of financial 5UPPOrt for the Choir. particulady fr(Kn 5wJnsorship of specific concert Sponsorship income is also soughi from an1 making bcdie5 and ilnesSeS to contributr iowards the cost5 of major eoncerts or commissions of new music. (iv) Volunteers The choir depends on a small nwnber of volunte¢T5, all of wlN)rn are singing members. io organi5e, coordinaie, and administer it5 aaivirie5. namely rehearsing and wforming public concerts. These volunteers have the following main funclions.. Chairni¥n, Concert Planner, Treasurer. Company Secrcfary, Publicity Cfy)rdinaior. Concert Manager. Tickets, McmbershiNRecruitment. and Minutcs Secreiary. Reservts Poli¢y There is a rteed for the Choir io prefund concens, so the Charity requir¢5 reserves in older io operaie. The reserves policy of ihe Chariry is io retain sufficient resource5 to provide adequate risk control and working capital for its programme of or¢hestral coneerts and musical events. The Committee reviews Ihe Thrtt Year Con¢en Plan and eortside afternatives to employ the surplus available. Con¢¢rt Contingency Fund The Choir faces a small. iwt significanl risk of a major shortfall of income on each concert it promotes, rtICularlY from its more expensive orche5trJl concerrs. For instance, from the effects of a train sirike. major sporting event or adverse w¢aiher conditions. The Charity therefore designaied this fwid in 2000 to eannark sufficient re%)urces to meet the major costs of an orchestral concert. This fvnd is updaied each year to reflect changes in costs. and is financed by invesimu)fs in Charifvnd income units and deposits at TSB Bank plc. Genernl Fund The General Fund provides for all the working capiial needs of the Charity. in¢h]ding deptssits for future hire of concert venues. The size of ihis fund will necessarily fluciuale each year a5 con¢ert results and ndraising aciivilies are often wipr¢dictable. The main financial obj#iive is io ensure thai sufficient resources are always maintained to m¢¢t the budgeted costs of future concert% and keep the Concert Conringency Fund fijlly fvnded. Finaeig1 resuhs The nei result for the year was a deficit of £5.499 (2022.. deficit of £2.61 D. The Chariry had net ¢ts of £28,696 at ihe year-ertd12022-. £34.195). The Direciors are sat15fi¢d with the result5 for the year and are Confident ihat adequate resources exist for the Charity to continue as a going concern.
Ethglish Barwue Choir Limited Financial Statemettts for the Year Ettded 31st July 2023 CHAIRMAN'S REVIEW OF ACTIVITIES Harry Bradford continued io lead us for the 2022123 season, our 45 We began with an open rehearsal. which was suctessfijl in attracting and subsequenily r¢¢ruiting som¢ new singers. The singing day in FebTUary 202J also brought in some extra voices_ Ov¢r the 5¢ason, the number of singers has increased slowty. but sieadily_ We held five concerts/events". November 2022- A virion ofHeaven at St Cyprian's Church NW l. This wa5 an o capell programvne and allracied a larger than expected audieiK¢_ December 2022- Christmas concert Now may we singen ai Si Mary-ai-Hill EC3. Thi5 too attracted a good. enthusiasric audience. February 2023 Singing Day ar St Mary-at-Hill Eci. This was a well-attended and enjoyable event. The venue was found not io be ideal. 50 fvture stnging day5 will be at St Cyprian's. our rehearsal venue. March 2023 - Handel's Is*ael Egyw at St John's Smith Square SW l. This represented our firsi concert ai SJSS since Covid. The choir, orchestra and s01ois1% were all on lop fomi. There was a good, appreciative audience. The number5 were UnfrtunatelY affccted by a rail strike that day, which kept many people away. July 2023 Setsndinttvtun delighis at St Mary-at-Hill EC3. Harry had promised us an exciiing and varied programme. and we were not disappointed. As 15 usual for (he summer concert choir number5 were dowm, which did affect the audience. Uur programme tor the next se850n includes: November 2023- The Night Skv at St Oakle1,5 Church SWI Dettmber 2023 Chrtstmas concert feawring Charpenlier's Alesse de minuil ai Si Gabriel's Church SWI February 2024- Singing Day fturIng Durulle's Requiem at St Cyprian's Church NWI March 2024- Buxtehude's Membra Jesu nosiri at Si James's Chur¢h Sussex fjarden5 W2 July 2024- Summer con¢ert at St Gabriel'5 Church SWI. Tht role of Company Sccretary has been tsken up by Chris Siva Prakasam. Sadly. Dannie Mo has stepped back from being on the comTnittee for ihe lime being. We ihank her for wisdom and hard work ov¢r the many year5 she hL% servcd. Ayesha Labrom will thke on her rolt of Concert Manager. though nol on the commbttee. Our 46 season ha5 begun and ha5 50 Far been p05ltiv¢ in tenns of recruitment and concerts. Our membership is now approaching 60. a much healthier picwre in lenn5 of quality and finaT]cial security. The goals are still recnjiimeni: and also seekins OUT fund-raising opErtIm1tl¢s io finance ofessional musicians al CCens. FundlSIng In totsl £167 (2022-. £40) raised. Levels have been affected by ihe pand¢mi¢ in receni years. Donations The Choir r¢¢eived a iotsl of £1.834 (2022.. £3,941). All donations are welcomed as a 5ignifLcant source of 855istsn¢e iowar¢ls the running of the choir.
English Baroque Choir Limited Fimaneial St*tem¢nts for the Year Ended 31" July 2023 REVIEW OF ACTIVITIES (Continued) Members 202J 2022 N4mfyer Nmmber Membership qi J-A¥g¥J4 2022 New member5 Leavers 45 47 (3) Membership * 31" July 2023 50 45 Musieal Director The Choirfs Musical Director is Harry Bradforf a prize-winning conductor, who is also the Co- Found¢r and Conductor of R¢wrdare. This report has been prepared in accordance with the special provision relating io small companies within Part 15 of the Companies Act 2006. The Tnjsiees. Report was approved by th¢ Board of Trustees. son Director and Trea5ureF Date.. 8, January 2024
Englh Baroque Cholr Limited Financial Statements for the Year Ended 3151 July 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES The irnstees. who are also the directors of English Baroque Choir Limited for the purpose of company law, are reskx)nsible for prepamng the annual report and the finan¢ial statement in accordance wilh applicable law and regulations. Comwy law requires Ihe injsiees io prepare financial slements for each financial year. Under that law the trustees elected to prepare the flnancial Matement in accordance with United Kingdom Generally Accepted A¢¢ounting Practice (United Kingdom Accounting Standards and applicable law). Under Company law the trustees musi not 8ppr(Trve lh¢ finarKial 5taÉern¢nts unles5 they are satisfied rhai they give a irne and fair view of ihe stsre of affairs of the company and of the profit or loss of ¢he company for th81 period. In preparing th¢se ftn8n¢ig15tstements, the trusiees are r4uired to: seleci suitable accouniing policies and then apply them consisi¢ntly' obserye ihe methods and principleg in ihe Chariry SORP- make judgements and accouniing emimates that are reasonable and prudent. state whether applicable UK Accounting Stsndards have been followrf subject to any maierial departures dis¢105¢d and explain¢d in the financial siatements: prepare the financial ststemen(s on the going concern basis unless it is inappropriate presume ihat the company will continue in iwiness. The rrusiec5 are Tesponsible for keeping adequaie accounting records that are 5uffLcient to show and explain the charitable company's transactions and disclose wrth rea50nablr accuracy at any time Ihe financial w)sition of ihe chariiable company drid ei)able them ro ensure thai ihe finan¢ial staternents comply with the Cornpanies Aci 2(X)6. TTUeeS are also responsible for safeguarding Ihe a5set5 of the company and hence for taking re&wnable steps for ihe wevention and deiection of fraud and oiher irregularities.
English Baroque Choir Limited Financial Statements for the YrAr Ended 3151 July 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ENGLISH BAROQUE CHOIR LIMITED I report lo the trustees on my examination of the accounts of English Baroque Choir Limited {Ihe "Chariw.) for ihe year ended 31° July 2023. This report is made solely to the charitable company's members. as 4 body. in accordarlce with Chapter 3 of Part 16 of ihe Companies Aci 2006. (r work has been undertaken so rhat we rnight slate to the company's rnembers ihose matters we are required to stale to them in an independent ¢xaminer s report and for no othw purEM)se. To th¢ fullest eeI peTrnitted by law. we do t1 accept or assume resp)nsibility io anyone other than the company and the company's members as a body, for our work, for ihis repojt or for the opinions we have fornied. Resp¢¢tive responsibilities and $¢$ of report As the charity's tnJ5tees of ihe Company (who are also the direaors of the Compan for the purposes of eompany law). you art reswnsible forthe prepardtion of ihe ateounis in accordance with the requiremenrs of the Cornpanies Act 2Crf)6 Clht 2006 Aci.?. Having satlsfied myself thai the accounts of the Company are noi required to be audited for ihis year under Part 16 of the 2006 Aci and are eligible for independeni examination. I rew)rt in respecr of my examination of your charily's acwunts as Caled out under section 145 of the Charities Act 2011 ('the 201 l Aci"). In carying out my examinaiion: I have followed the Directions given by ihe Charity Commtssion (under section 145(SMb) of the 2011 Act. l#dependtthi examlmtr's statememt I have etsmpleted my cxarnination. I confirrn ihat no material matter5 have come io my attention which gives me cause to believ¢ that= the a¢¢ounting were not kept in ac¢ordan¢e with 5eeiion 386 of the Companies Act 2006,. or Ihe accounts did noi accord with Such rxords. or • the accounrs do noi comply with relevant accouniing requirements under section 396 of the Companies Acr 2006 ¢Mher ihan any requirement that the accounts give a 'true and fair, vitw which 15 not a matter Considered as part of an independent ¢xaminalion' or the acco1$ have not been prepared in accordance with the Charities SORP (FRSI O?). I have no concerns and have Cne acn)ss no other matter5 in conneciion with the examination to which attention should be in this report in (Yder to enable 3 tr under5tsnding of the accounts to be reached. Dip¢sh Gin BSc(Hons) BFP ACA Arnold Hill & Co LLP Capitsl Tower, 91 Waterloo Road, London. SE18RT Da*." 25 January2024
English Baroque Cboir Limiied Fin#nci•l Sil¢ments for th¢ Year Ended 31st July 2023 Statement of Financial Activities for the Year Ended 31$1 Juty 2023 Unrestricled fuAds Design4t¢d CuTrds Total 2023 Toial 2022 Notts lthcome Donations Income from charirable activities Investmeni income 4,828 26,044 587 4.828 26.044 587 6,907 19.966 538 Total 31.459 31,459 27,411 Expenditure RaL5ing fiJnd5 Charitablc activities 1.517 34.910 1.517 34,910 1,361 ?8,473 Total 36.427 36,427 29.834 Nei gainslllosses) on investments Net incomel{expendityr¢) Transfers b¢ttv¢en funds io (531) (531) (5,499) (194) (2,617) (5.499) (400) Net movem¢Tht in funds (5.899) 4j (5.499) (2,617) R¢con¢iliation of funds: Toial funds brought fotward 21295 12. 34.195 36,812 Total funds carried forwrd 15.396 13.300 28.696 34.195 The StateTnent of FÈnancial Activilies also complies with the requirements for an income and expenditure account under th¢ CoTnwdnie5 Aot 2006. All income and expenditure derive frorn ¢tinUing a¢liviti¢> The Statement of Financial Activitie5 includes all gains and losses recognised in the year.
English Baroque Choir Limited Financial Statements for the Year Ended 31st Jul 2023 Balance Sheet as at 31° July 2023 2023 2022 Fii¢d a55¢ts Investhienis 10 10,Oi7 Curreftt wtts rkbiors Investment5 C45h ai bank and in Ikqnd 5,719 10,)88 19,168 16,97) 19,fA19 3i,47i Crtditors: Amounts fllline dvt withi• 04¢ )-ur 12 (9701 (1,280) Nd current &sse15 18,639 34,19) Totsl D¢1 wets 28,6 The fund5 of tht Charity: Unresiricted fijnds tksigwdied Fund T•tal ¢harit)' funds 13 13 15,396 13,itX) 21,295 12.900 The company is entitled to the exemption from ihe audit requiremeni contsined in section 477 of the Companies Act 2006. for the year ended 31 Juty 2023. The directors acknowledge iheir responsibili(ies for complying with the requir¢m¢nts of th¢ Companies Act 2006 with respeci 10 accouniing records and the prepara(ion of financial 5tern¢nts. The m¢mb¢r5 have not required the c¢)mpany to olain an audit of its financial statements for the year in que10 in accordance wilh section 476. These financial siatements have been prepared in accordarKe with the provision5 applicable io ei)mpanies subject to the small companies regime. The accounts were approved by the Trw%tees 8 Jartuary 2024. son Dirc¢tor and Tr¢asur¢r Comp¥Dy R¢gistratioo 02W984 The attached torn ao imegral part ot"thi5 Balance Shea arwj Should be r¢ad in ¢onjun¢tion therewith. 10
English Baroque Cholr Limited Finan¢ial Statements for the Year Ended 3151 Jul 2023 OTES TO THE ACCOUIYTS Atcountimg polieies Charity informatio English Baroque Choir Limiied is a private company limited by guarantee lnc(ffpoed in England and Wale5. The regISted office 15 e Hoor, Capitsl Tower. 91 Waterloo Road, London SE18RT. 1.1 Basis of preparation The accounts have b¢en wtpared in accordance with the chariiable compan5 MeThorandum and Article5 of A550ciation, Ihe Companie5 Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from l January 2019). The charitable company is a tl]blic Benefit Entity as defined by FRS 102. The charitsble ¢ornpany has tak¢n advantag¢ of the provi5ion5 in the SORP for eharities applying FRS 102 Update Bulletin I not lo prepare a Stement of Cash Flows. The fJnan¢ial st4ments are prepared in sterling, which ts the fimctional currency of the charitablc company. Moneiary amounts in these financial uatements are rounded io the nearest £. 1.2 Historital cos1 eonventiDR The financial staiements have been prepared under the hi51orical Cost convention. The principal accounting policies adopted are sd oui below. 1.3 Going ¢on¢¢rn Ar the time of approving the financial s(aments. the miste¢s have a reasonable expectation thal the charitsble company has adequate resources w continue in operdiional existenee for the foreseeable future. Thus the trustee5 continue to adopt the going concern basis of accounting in preparing the financtal statements. The free reserves at the balance sheet date totaled £18,639 .4 Charitable fuThds UnrESlricted funds are available for use ai ihe discretion of the Dwstees in furtherance of their charitsble obje¢tives. Restri¢ted fvnds are subject to spxific ¢ondition5 by donor5 as to how they rnay be used. The purposes and use5 of the restricted funds are ser out in the not¢5 to the financial 5taternents. Designated Fund5 torni part of the Gencral Fund5 of ihe Ctwiry. The Chariry dcsignaics a Fund to account for Irjnsaciions and T#ourc¢s lh* have been ¢)nn&rked for J specific purw>s
English Baroque Choir Limited Financial Statements for the Year Eoded 31" Jul 2023 NOTES TO THE AccouKfs (Continued) 1.5 lTrcome Subserlptlons. cohctrt rtte1P sptsthsorshlp tsd dothtions All incom¢ &5 r¢wrted gr05s rn an acc15 basi5 wh¢re condiiion5 for recei0 haye bccn mei or receipi ss noi rtwnably certain. SubscriNiM5 are 5tstrd of remi55ion5 and proYi5ion5 for doubTful deb. Sp)nsorship incornc rec¢ivcd in th4nc¢ for 4 CQlltert 1$ deferred tr) Lhe period in which ihe evtnl raLe5 place. Servites doad free of tharge are groSseP within d{mlon5 and a Corresndin8 exptnse reponcd in ¢he appropriare c051 caicgory. wilh ihe CX¢CFrtion of lime proviJ¢d by lh¢ membu5_ FundraisiTrg Furthi51ng 15 stsied net of a5%)cied 1.6 Expendlturt Expenditure is recognised ce there is a legal or constructive obligation to make a payment to a Ihird party. it is probable that settlement will be required and the amount of the obligaiion can be m¢asured r¢liably. Expenditur¢ 15 classifled under the following a¢tivity headings.. Costs of raising fimds comprise the ¢oy5 of operaiing fundraising events and attracting grants and donations no sUPPOrt cost are all(Kaied to this hrading as the esÈimated usage of such overheads is not stlf1¢¥n¢. Expenditur¢ on charitable a¢tivitie5 in¢lud¢s the costs of providing the adivifies of the Choir. including the costs of re}saI8 8nd their associated sUPPOrt cosL Support and gov¢rnan¢e c051 repr¢5ents costs of op¢rnting the charity and eoTnplying with chariry regulatlons. Irrecoverable VA T 15 charged as a c05t agains¢ the activtty for which the expendFture was incurred. 1.7 Invutmemts tnvestments are shown market value ai the perid end in aCcdanCe with FRS 102. 1.8 Cash and tish equbvaknts Cash and cash equivalents include cash in hand deposits held at call with bank& other 5hort-terni liquid illVCSimenlS With origin81 malurilies of three Tnonths or less, and bank overdrafts. Bank overdrafts ar¢ shown within boowingS in current liabiliti. 12
English Baroque Choir Limited Finncial Stalemetsts for the Year Ended 3151 Jul 2023 NOTES TO THE ACCOUNTS (Continued) 1.9 Fimancial lusirnments The charitable company has elected to apply lh¢ provisions of Sedion I I 'Basic Financial Insiruments. and Seciion.12 '0iher Financial Instruments Issues, of FRS 102 to all of its flnancial instruments. FInalaY instruments are recognised in th¢ charitable cornpany'5 balance sheet when the charithble ompar]y becomes party to the coniractual provisions of the instnunent. Financial ets and liabililies areoffsffj with the net amounrs pre5enied in the financial statemen when there is a legally enforcrdble right to sei offthe recognised.amounts and there is an intention to seiile on a net basis or ¢0 realise ih¢ &55d and settle the liabilily Slmultsneously. Bttsi¢finftci41 ossets Basi¢ financial asse which include debtors and c&8h and bank balances. are initially measured ai iransaciion price including tyansacrion ¢05f5 and are subsequently carried ai amortised cost using the effective intertst rnethod. Financial assets classified as receivable within one year are not amortised. Bt75icfintTnciuI liabilities Basic financial liabilitie4 including LYediil)rs and Imnk loans are initially recognised * transadion price_ Finan¢ial liabililie5 classified as payable wthin one year are not amortised. Trnde creditors are obligations io pay for good5 or services have been a¢quird in the ordinary course of operations from suppliers. Amounts payable are Classified as Current liabilities if payment Is due within one year or less. If not. they are presented as non-cwenr liabilities. Trdde creditors are recognised initially at transaction price and subsequently measured ai amortised cost usin8 the effecttve interest method. Der¢cognitsOn offinAnci41 lia.1111es Financial liabiliiies are derecognised when the charitable comPanS contrdctual obli8a(ions expire or are discharged or cancelled. .10 Tax*tio No provision h&$ been made forttY&ion a5 English Baroq Choir is a publir b¢n¢fii ¢niity whirh is exempi from UK diTtei thxation on its ch¥itable activities. 13
English B2roque ChoTr Limited FinaneiAI Staiements for the Year Ended 31 July 2023 NOTES TO THE AccouKfs (Continued) DontloM$ Utsrestricied fuDds DesjTnated funds Total 2023 Total 2022 Refreshment donation5 Donations and fundraising Income tax recoverable 765 2.TrJl 2.062 765 2.CrfJl 2.062 569 3.981 2.357 4.828 4.828 6.907 The donaiions in 2022. [alling £6.907 w¢r¢ WTibud to unr¢s¢ri¢Led Inctsme from thriiable *etiviiits Unre5trided funds Dtsignattd Total 2023 Total 2022 Subscriptions Concert incorne Sponsorship and grants Singing Dav 11.159 11.721 495 11.159 11.721 495 2.669 9.971 8,074 2.669 1.921 26.044 26,044 19,966 Income in 202? ioralling £19.966 was io unrcstrided furkts. Investment intome U4restrirted tksignlted funds Tot#1 2023 Total 2022 Interest receivable and investment income 587 587 538 587 587 538 All (he inve51meni incwe lolIng £i38'in 2022 was atsritw¢d io unrestrickd funds. 14
English Baroqut Choir Limited Financial Statements lor the Year Ended 3151 July 2023 IYOTES TO THE ACCOUNTS (CoDtinued) Raising Ctsmds Unrestricted fund5 Dtsignated Total 2023 To¢81 2022 singing Day -1,517 1.517 1.361 1,517 1,517 1.361 All the £1,517 exptndiiurcs in 2023 {2022- £1.361) wcrc arrityjted to unfeed fuThJs. Charitable a¢¢iwiti¢s Unrestrici¢d funds Designattd funds Total 2023 Tolal 2022 Rehearsals Concert expenses Management and administration Governance (Note 71 14.507 19.054 509 14.507 19.054 509 840 13,190 11.727 2,836 720 34.910 34,910 28.473 All ihe £34.910 eYpeThJiturts in ?02312022- £?8.473} were allriFyJLed to unrencE Governamce cost UnTe5tricied f¥nds Dtsign*ttd (und$ Total 2023 Total 2022 Accountancy fees 840 720 840 720 Employ¢¢5 The average monihly nwnbcr of pers (including direaorsl cmployed by the cfjmpany drIng ihe year was 0 (2022- 01. Trustees None of the fTU51ees (or any pet3on5 connected with iheffll received any remunemion or knetits from the charitable company during ihe year12022.' none). 15
English Baroque Choir Limited Financial Statements for the Year Ended 31" July 2023 NOTES TO THE ACCOUNTS (Continued) 2023 2022 Invtstmtthls 699 Charifvnd Unils (cost- £8.(KKI) Balance Broughi Forward * 0110812022 Unrealised (Lossyfjain 10.588 (531) 10.782 (194) Balance CaLed Forward ai 3110712023 10.057 10.588 2023 2022 D¢b¢ors Income Tax Recoverable Prepayments and Accrued Income 2.062 572 3.195 2.524 2.634 5.719 12. Crtditors 2(123 2022 ACclS and Deferred Income 970 1.280 970 1280 16
English Baroque Choir Limited Fin••¢ial Statements for the Year Ended 31" July 2023 NOTES TO THE ACCOUNTS (Continued) 13. Nti Funds- Unrestritted C¥Jrried Forward t OimW2022 Carried Ineomifvg Outgoig TraThsftrs Forward t R¢sourtts Resovrcts 311D712023 General Fund 21.295 31.459 (36,958) {400} 15.396 Concert Contingency Fund 12,900 400 13.300 i4,195 31.459 (36.958) 28,696 Carried Fonvard at Imtoming Outgoing OIIOPJ2021 Resources R¢50wr¢¢s Carried Fonvard t Transfer5 31m712022 General Fund 23.912 27.411 {30.028) 21.295 Concert Conttngency Fund 12.9(K) 12,900 36.812 27.411 30.028 34,195 Anatysis of Movemen¢ on Comcert Co•timg¢ncy Accompani54 Soloi51s and Other Costs Venue Condmttor Orchestra Total Brought Forward at O I/OW2022 Transfer from General Fund 1.400 4,700 300 4.300 12.900 400 CaThied Forward at 3110712023 2.5(Ml 1.500 5.000 4.300 13JOO Conetrt Cotingtney Fund Thi5 is a designated fund which ¢armaTks resour¢a io m¢d ihe major Co$ of an orchcstrnl and is upJat¢d ea¢h y¢aT io refle chanÉes In costs.
English Baroqlle Choir Limited Financial S¢aiements for the Year Ended 31" July 2023 NOTES TO THE ACCOUNTS (Continued) 14. Analysis of Reserves Total 2023 Cash Debtors Investm¢Dts Credilors Genernl Fund Designated Fund 13.732 3243 2,634 1970) 15.396 13.300 10.057 16.975 2.634 10.057 (970) 28.696 C4sh D¢lAor5 Investments Creditors 2022 General Fund Desigrtaied Fund 16.856 2.312 5,719 (1.280) 10.588 12.900 19.168 5.719 10588 (1.280) 34.195 15. Directors, R¢mllmtr¥¢io A5 required UT)der the Choir's Constitution. no Direaor weceived remunerarion in either year. ExpEn5es reimbursed to Directors amounted to £nil (20?2.' £11?). In the previous year Ihese Tepresented haritsble expenses for adminisiration and equipmeni. 16. Annu*l General Mttting The Annual General Meeting will be held on I S January 2024. 18