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2026-03-31-accounts

Scottish Charity No. SC010852

MILNGAVIE MUSIC CLUB

c/o Treasurer

31 Tannoch Drive

Milngavie

G62 8AS

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 MARCH 2026

1

Milngavie Music Club also known as MilngavieMusic is a recognised charity in Scotland and is an unincorporated association. The objective is to advance appreciation of, public education and participation in the art and science of music in all its aspects by any means the trustees see fit, including the presentation of public events. Committee members act as Trustees of the charity and are appointed or reappointed at the AGM.

Trustees

President – Hugh Macdonald Treasurer – Katie Hull Business and Concerts Secretary – Colin Suckling Publicity Officer – Barbara MacLeod Concerts Manager – Lyndsay Ross Data Protection Officer – Chris Edwards Music Hub Convenor – Pat Field Membership Secretary – Carron Shankland Trustees – Gregor Bates, Donald Montgomery, Ruth Sharp, Cameron Shepherd (standing down at AGM)

2

TRUSTEES’ REPORT 2025-26 Season

Once again it is a pleasure to report on a very successful season, with many outstanding performances and continuing strength in our ticket sales and subscription base. Even though a proportion of subscribers do not renew every year, the number has remained consistently around 170 for the third year running and average attendance at our concerts has exceeded 200 this season. We are immensely grateful to the individual donors who have contributed so generously to maintaining our financial security in difficult times. All this means a gratifyingly stable financial situation and a positive outcome on our bottom line.

Costs, however, have increased substantially in recent years. Artists’ fees, accounting for the largest proportion of our expenditure, have grown by 20-30% since the pandemic. It is 5 years since we last increased single ticket prices, while subscription prices have not kept up with inflation. Therefore, in order to maintain the high standard of artists that we are able to engage, the committee has reluctantly decided to increase both single and season ticket prices for the 2026-27 season.

Reserve Fund Since the Covid Pandemic we have steadily increased our reserves (see Statement of Balances) to enable us to withstand such major economic shocks in future. Our Reserve Fund is now about 33% of our turnover, which has increased with inflation.

Donation Fund This will be used to help support our community outreach programme which we plan to expand in the next few years as a strategic priority.

Piano Fund Given the difficulty of hiring a high-quality concert piano in our locality, owning our own instrument is important. Our Piano Fund is necessary in the short term to cover any significant repairs or refurbishment and in the longer term for replacement. We would expect the present instrument to be viable for a further 8-10 years.

Our International Concert series provided some truly memorable musical experiences, starting with the baritone Roderick Williams and the Carducci Quartet opening the season last September. Elena Urioste and Tom Poster’s ‘Jukebox’ concert in January added an exciting element of innovation and spontaneity to what was a very fine violin and piano recital and, like Colin Currie’s one-man tour-deforce at the centre of a huge battery of percussion, brought many new faces to a packed Cairns Church. The Currie concert inaugurated a new portable extension that we have had built for the Cairns podium, making larger ensembles an enticing new possibility for us.

Our wonderful ‘community’ of amateur musicians, The Music Hub, continues to thrive on Tuesday evenings in Bearsden Cross Church with additional, intensive all-day events such as a Schubert workshop with the Resol Quartet and a Boccherini day. Although performing in public is not a Hub priority, they do occasionally venture into the limelight and presented an enjoyable informal Christmas concert in St Andrews Church. The Music Hub will play an important part in our plans for expanding our outreach programme from next season.

Our newsletter has proved to be an invaluable way of communicating with our audience and fostering a sense of community among our supporters and it is part of our new thinking on branding. We have found that the word ‘club’ can still lead to an impression of exclusivity among the public and we have decided to follow the example of many similar societies in Scotland. Constitutionally, we will still be ‘Milngavie Music Club’, but in our concert and outreach promotions we now use the title ‘MilngavieMusic.’

We are very fortunate in our talented and enthusiastic trustees who go well beyond the call of duty to keep our organisation running smoothly. We have been conducting a thorough examination of roles within the committee and are in the process of consolidating and identifying skills needed for resilience to aid us in recruitment of trustees and in succession planning.

Looking to how we can sustain and develop our vision in future, we held a stimulating and thoughtprovoking committee Away Day at the end of March. Out of that meeting came some exciting ideas which we hope will carry us forward in the years ahead.

At the end of this season, one trustee is standing down: Cameron Shepherd has been writing our concert programme notes and compiling the programmes for some 11 years. This is a big, demanding job which he has done with great erudition and skill; we are extremely grateful to him and wish him the very best for his ‘retirement.’

Hugh Macdonald, President April 2026

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MILNGAVIE MUSIC CLUB

Notes to the Financial Statements – year ended 31 March 2026

  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 approx.10% p.a. This figure is listed annually in the Payments section.

  3. Restricted Accounts These are accounts for special projects. They are:

  4. Charitable Reserve with Redwood Bank – balance £15,000 includes interest £923.63

  5. Piano Fund with Redwood Bank - balance £11,128, includes interest £478

  6. Donations Account to support artists fees (if needed), new commissions and outreach project work undertaken by the Club, with Redwood Bank– balance £10518, includes interest £518

  7. • Savings account with BoS balance £6327.49 includes interest £26.81

  8. Grants and Sponsorship The Club received no grants during this financial year.

5. Artists’ Fees, Accommodation and Travel expenses

7. Hall Rental covers concert venue and meeting hires.

  1. Trustee Remuneration No trustee (committee member) received any remuneration other than reimbursement of expenses incurred in the management of the Club. The committee had a brainstorming awayday session on 31.3.26. at a total cost of £154 to the Club.

  2. Music Hub costs breakdown Hall Rental £5170, Catering £157, Resol Quartet fees+ expenses for workshop £1456

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