Glenlough Community Choir Accounts for the Nine Months to 30 June 2024
Profit and Loss Account for the Nine Months Ended 30 June 2024
Income:
9m to year ended 30 June2024 30 Sept 2023 £ £
Membership Fees/Weekly Donations Jubilee Grant Summer Concert Proceeds Other Income (donations and Ethel)
Membership Fees/Weekly Donations 4,964.20 3,749.11 Jubilee Grant 500 - Summer Concert Proceeds 3,350 3,483.00 Other Income (donations and Ethel) 759.93 - Expenses : Hire of Venues (373.68) (487.43) Pick me Up Choir Costs net of grant (510.04) (161.88) Every Voice Festival costs - (1,080) Musical Director Fees (4,565.80) (3,000) Summer Concert Costs (1,488.45) (600) Insurance (181) (144) Depreciation (391.18) (521.58) Bank Fees (113.04) (139.11) Sumup Costs (10.61) - Other expenses (incl Pop up) (196.80) -
Profit for the Year
£1,743.53 £1,098.11
I certify that these accounts are a fair and true presentation of the activities of the Glenlough Community Choir for the nine months ended 30 June 2024
Rosaleen O’Neill LLB FCA CTA
AMS Confidential
Glenlough Community Choir Accounts for the Nine Months to 30 June 2024
Balance Sheet as at 30 June 2024
£
Assets £ Equipment 1,320.04 Cash 3,280.70 Debtors 130 Less : liabilities (60) Net Assets 4,670.74 Equity £ Profit from prior Periods 2,927.21 Current Period Profits 1,743.53
Total Profit to Date 4,670.74
AMS Confidential
Glenlough Community Choir Accounts for the Nine Months to 30 June 2024
Pick me Up Costs 2024
| Music Director Costs Braid Hire costs Braid Catering Christmas concert costs Pick me up Rehearsal costs Braid Musician Costs MEA Contribution £ £ £ £ £ £ £ |
Total £ |
|---|---|
| 5797.31 1138.13 568.6 800 656 550 -200 |
9310.04 |
| Funding from Arts Council Cost to GCC of Pick me Up |
-8800 |
| 510.04 | |
| Areas of Overspend |
Areas of Overspend
| Braid centre Catering Taxis Leighinmhor event Pianist UTV Life Sheet music Braid centre other costs Ballygally no charge hall |
-368.6 -180 -100 -13.31 -8.13 160 |
|---|---|
| - 510.04 |
Pick MeUp Costs 2023 (for info)
| Music Director costs |
Event Hire |
Food Market Yard |
Transport for Market Yard |
Artists Market Yard & Xmas |
Sound Engineer Market Yard |
Access NI | Video Market Yard |
Network Partner for Grant |
Hire of Market Yard |
|---|---|---|---|---|---|---|---|---|---|
| £ £ £ £ £ £ £ £ £ |
£ | ||||||||
| 4,745.40 647.88 500.00 200.60 2,298.00 400.00 43.00 700.00 506.00 |
120.00 | ||||||||
| Total Costs | |||||||||
| 10,160.88 |
AMS Confidential
Glenlough Community Choir Accounts for the Nine Months to 30 June 2024
Financial Report
Since we have changed the AGM to June, from October, to better align with the choir year, the accounts are now being produced through to 30 June in each year.
The 9 months to 30 June 2024 have generated a profit for GCC, largely driven by the success of the Summer Concert. This leaves us well positioned for the new choir year in September.
We held our Christmas concert and our main event in the Braid in April 2024, supported by funding from the Arts Council of Northern Ireland. We have incurred some net costs from the Braid /related Pick me Up events, the details are available in the choir accounts. This was our first year hosting such a large event, and we hope to apply all the learning from 2024, to make future events more cost efficient for GCC.
We are operating generally, in an environment of increasing cost challenges. The Agenda will address some of these challenges later on in our meeting, to enable the choir to continue to operate successfully, and to remain solvent.
I would like to thank everyone for their continuing support. I would also like to remind everyone that we still incur costs even when we rehearse via Zoom, and we need to get better at covering that cost.
AMS Confidential