Scottish Charity No. SC010852 ## **MILNGAVIE MUSIC CLUB** ## **TRUSTEES’ ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2025** 1 **Milngavie Music Club** is a recognised charity in Scotland and is an unincorporated association. The objective is to foster the love of good music by providing concerts and other musical activities consistent with the character of the club. Committee members act as Trustees of the charity and are appointed or reappointed at the AGM. ## **Trustees** 2 ## **TRUSTEES’ REPORT 2024-25 Season** It is extremely heartening to report that the success enjoyed by Milngavie Music Club over recent seasons continued in 2024-25, both artistically and in audience support and financial strength. Post-pandemic recovery has not been a given for many Scottish societies such as ours. Classical music’s position in our cultural life faces many threats and public and institutional support for it cannot be taken for granted, but we believe that the committee’s hard work in pursuit of our mission to bring great music to our community is bearing fruit. For the third year running we have maintained our high level of season ticket-holding subscribers at 170. Costs continue to rise, sometimes alarmingly, as in the case of the Performing Rights Society’s charges which tripled this year following a change in their rules. Equally, public subsidy in the shape of the grant we receive from Chamber Music Scotland is declining and will continue to fall in the next few years. Against those head winds we can set our buoyant single ticket sales and subscriptions. Together they represent a big vote of confidence in what we do. We must also pay special tribute to those individuals who donate generously to the club. With their help and our audience support we can say with confidence that our financial position is robust and healthy. The season was especially rich in music for string quartet, with three first class ensembles – the Brodsky, Marmen and Agate quartets – delivering really superb performances. Also excellent was a young Scottish ensemble, the Lark Trio, and we much enjoyed veteran British pianist appearance in February. Including the Paris-based Quatuor Agate, the international dimension of our season was strong, with French oboist , Jordanian-Palestinian pianist , and Polish mezzo soprano . The season closed with one of the largest chamber ensembles we have ever presented – the seven members of London-based collective Chamber Music Box – in a programme headed by Beethoven’s Septet. The Music Hub, our enthusiastic ‘community’ of amateur instrumentalists, continued to thrive with its weekly meetings at Bearsden Cross Church and special all-day events such as ‘The Joy of Sextets.’ Under its indefatigable organiser , assisted by and , the Hub is a source of great pride to the club and we were delighted that work in establishing and developing it was recognised by our local authority with a Provost’s Community Champion Award. In another area of community outreach the club sponsored a McOpera primary schools project based on the ‘Billy Goats Gruff’ story with music by . The workshops and performances led by a trio of musicians were much enjoyed by children at Milngavie Primary School and at Woodland View ASN School in Kirkintilloch. In January we launched a newsletter which will appear three times a season and which we hope will keep our supporters informed about everything we do. As always I want to congratulate our hard-working committee on their commitment across the season. We say goodbye to two valued committee members who are retiring. We thank for his sterling service to the club over many years and we wish him well. also leaves us after two years to study architecture at university. We thank her and wish her the very best in her future career. President April 2025 3 AofiiA ')43T21'11 .)iJ" MILNGAVIE MUSIC au8 rii 2024125 STATEMEKf OF BALANCES AS AT 31 MARCH 2025 2023124 (lip Plano Fund Account (Restrlrted) Ch4rltable Reserve Account (Restrlcted) Donatlcffl fund iccount IRestrlcted) Current Account vln8s Account (Restfktedl Cash Kawal RX6 Inrte 2) 10650 11176 11078 Ilo Ifl Ill I tr 9)[).i Rfll fllL 13S49 1550 171 Itll! 89(X) IMlfJilr', 11831 1514 Tolal k4ssets ?17 44503 Ip:,bi' .)nyii I,,, yri ? nni,Jy RECEIPTS AND PAYMEMrs YEAR ENDED 31 MARCH 2025 2024125 2023ft4 RECEIPTS Chamber Muslc Scotland ￿ant Inote 4) ¢Xher yants (note 41 Cknreach grant Donat1￿$ h4N'! J4jl¢iJ 17196 2430 2130 539 Ic I 5455 519 ' èi. iyo Iii 11 rii rl J 284s 16 437 1050 ' 3240,ry 81 1431 350 Iljjrl 3384 Total 32291 342 , 11493 ## **MILNGAVIE MUSIC CLUB 2024** ## **Notes to the Financial Statements – year ended 31 March 2025** 1. **Accounting Policies and Taxation** The financial statements have been prepared under receipts and payments basis, in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. 2. **Piano** We continue to arrange storage free of charge with Bearsden Cross Church together with an agreement for their use of it. Piano Depreciation is calculated at 10% p.a., **this figure is listed annually in the Payments section.** ## **3.** **Restricted Accounts** These are accounts for special projects. They are: - Charitable Reserve with Virgin Money – balance £11175.82 interest £97.30 - Piano Fund reinvested with Redwood Bank - balance £10650, interest £633.58 - Donations Account to support artists fees (if needed), new commissions and outreach project work undertaken by the Club, with Redwood Bank– balance £10000 - Savings account with BoS balance £1550.68, gross interest £36.42 4. **Grants and Sponsorship** The Club received two grants, and a payment for outreach work. - Chamber Music Scotland for the 2024/25 season, an Annual Grant of £2500 in August 24 - • Hinrichsen Foundation concluding support for community performance Let’s Build a City, £250 paid in May 24 - Milngavie Primary School £325 towards primary school workshops 5. **Artists’ Fees, Accommodation and Travel expenses** - - - - - - - - 6. **Making Music Subscription and Insurance** The Club is affiliated to Making Music to access a bank of programme notes and to take advantage of an insurance scheme to cover possible cancellation of a concert. Advice is available in all aspects of concert promotion. Also, we make payments for Performing Rights through Making Music. The subscription fee and insurance runs from January to December. Our piano is insured separately through Allianz. ## **7.** **Hall Rental** covers concert venue and meeting hires. 8. **Trustee Remuneration** No trustee (committee member) received any remuneration other than reimbursement of expenses incurred in the management of the Club. 9. **Music Hub costs** breakdown Hall Rental £2990, Catering £201, Publicity £143, Overpayment refund £50. (These figures weren’t separated out from main club concert activity in 23-24 accounts) 5 APPENDIX 3 OSCR s[￿1￿ Charity Regulator Independent examiner's report on the accounts Rèportto th• trusteeslmembers of Chwity n8m& Reglstgred charlty number On th• account8 of tho charlty for th8 porfod sc OIO$£L Porfod Start dat• m(￿th P•rkd •nd date Y•ar 1014- zo Set out on pages Regpectfv• ', The ¢harity'8 trustees are respon8lble for the preparation of the accounts in accordance v•sponsibllltles Of I with the temis of th8 Charitie8 and Trustee Investment (Scotland) 2005 Act and tho tru$teg5 and examlnor Charitle5 Accounts {ScolJarKI) Regulations 2006 (as amendgj). The charity trusiees con8hJer that the audil reqU1￿ment of Regulation 10(1) (d) of the Accounts Regulations dcos ncrt appty. It Is my responslbilfty to examln8 the acu)unts as required under sectk , 44(1) {G> of the Act and to state ¥thetheT particular matters have cune to rny attentK)n. BaBls of Indop•nd•nt My examination is carrled out In accordance wilh Regulation 11 of the 20(￿ Accounts exarnlnerfs ¥tat•m•nt , Regulations. An examlnation Include8 a revlew of the accounting records kept by the I charity and 8 comparison of the ￿COunt8 presented wrth those recxyds. It also includes con8kleratx)n ol ar)y unusual Items or dlsclosures in the accounts and seeks ' ewlanalionj from the Irustees ¢onGeming any such matterd. The prcKeduw undertaken do not prtivid• all the 8vld•nce that would be required in an audrt and. consequentty, I do not express an ?udit c¥)Inion on th8 vlew oiven by the accounts. Independent exarnlnerf$ I In the course of my examination, no matter has como lo my attent￿)n [8¥￿1￿ 8latèm•nt which gives mo reasonable cause to believe thal in any malerial reSp￿t the requirements: to keep accounting records in accordance with secuon 44(1) (a) of the 2005 Act and Regulation 4 01 th8 20(￿ Accounts Regulations, and to preparo accounts whlch accord wllh th? ac¢ountlng r￿0￿$ and C¢Xiply wfth Regulali¢)n 9 of the 201>3 AGGounts Regulat￿n8 , have not been met. or | 2. to which. in my opinion. attention should be drawn in order to enable a prnpar understandin he accounts to b& reached. Slgned•*: Namè: R•l•vant prof•s8lonal qualificatSon(81 or body (If any): Address: 'Pleaw dolete the In lh• brar*èts rf tIW do Mt •ppW. Ilthe wcfd• do apply, sel ouithose mattero wlyth have c¥xrn to yow the lo1￿)Y+ll￿J pago. OSCR VAii 8*X4Pt dlgtt81 orty￿d s19n8￿M.