ANNUAL REPORT and FINANCIAL STATEMENTS

for the year ended 31 July 2009

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity name: The Chesterfield Philharmonic Choir.
Registered charity number: 500561.
Charity’s principal address

Woodland Villas,

48 Queen Victoria Road,

Sheffield,

S17 4HT

Trustees
The trustees listed below have all served in office for all of the year to the date of this report.
The management committee consists of the following members:

Chairman	R. Swann
Secretary	A. Walker
Treasurer	M. Jarvis
Musical Director	S. Roberts
Choir Representative	K. Law
Member	S. Abbott
Member	M. Cámara
Member	P. Jones
Member	L. Mitchell
Member	L. Oliver
Member	R. Parnham
Member	M. Penny

 

Independent Examiner

Ms. Deborah Lord,

34 Pennine Way,

Loundsley Green,

Chesterfield,

S40 4ND

Bankers

CafCash Limited,

Kings Hill,

West Malling,

Kent

ME19 4TA

 

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The charity is regulated by the Order of 9th July 2002 made by the Charity Commission and the Constitution and Rules adopted on 11th July 2002, as amended on 7 October 2004.

Management of the Charity

The management committee is the governing body of the Chesterfield Philharmonic Choir (“the Society”) and consists of all the appointed trustees of the Charity. Under the rules the trustees must number at least six and no more than twelve. The majority of the trustees, with the exception of the Musical Director, put themselves up for re-election each year at the annual general meeting; there were 3 new additions – Ms S Abbott, Mrs M Penny and Mrs K Law who put themselves up for election. At the Annual General Meeting on 9 October 2008 all the nominations from both existing trustees and new trustees were elected.

Five full committee meetings were held between September 2008 and July 2009. Attendance at these meetings was as follows: R. Swann 5/5; A. Walker 4/5; M. Jarvis 4/5: S. Roberts 1/5; S. Abbott 1/4: M. Cámara 5/5; P. Duckett 1/1; A. Heighton 0/1; P. Jones 3/5; A. Kenworthy 1/1; K. Law 3/4: L Mitchell 3/5; L. Oliver 5/5; B. Parnham 3/5; M. Penny 4/4. Further informal meetings were held during rehearsals to deal with routine business as necessary.

The committee reviewed financial matters at each full committee meeting. The Treasurer presented a financial forecast for the remainder of the year to the Trustees at each of those meetings and its implications were considered and discussed. Budget forecasts are made on a conservative estimate of likely tickets sales and costs to ensure financial viability. The committee have agreed and implemented a reserves policy which is used to determine expenditure plans throughout the year, taking into account cash flow around concert events.

The accounts are presented annually to the membership for discussion and approval at the Annual General meeting, following independent inspection.

Risk Management – Risks have been reviewed regularly throughout the year, with reports on progress at committee meetings. The risk sub-committee met once and reassessed two thirds of the risks following actions to mitigate them and in the light of incidents that had occurred. The sub-committee made several recommendations to the management committee which were accepted and a number of risks were reclassified - nine to a lower and six to a higher risk rating. At the end of the year 31 risks were being managed and of these eleven were considered to have the potential to have a major impact on the charity’s activities, although four of these had only a low probability of occurring. Overall the impact of managing risks has made the trustees more aware of where it needs to prioritise its attention and allowed a more considered response to incidents when they have occurred. Risk sub committee members are M. Jarvis (Chair), S. Roberts, A. Walker, L Oliver, L. Mitchell, and B. Parnham.

OBJECTIVES AND ACTIVITIES

Objects of the Charity

The objects of the Society, as set out in the Rules, shall be to “promote, improve, develop and maintain public education in and appreciation of the art and science of choral music in all its aspects by the presentation of public concerts and recitals.”

Activities of the Charity

The Society usually delivers four concerts and a choral workshop each year in the Chesterfield area. On occasion further concerts are performed, both locally and elsewhere when we are invited by others to combine with or support them. Concert programmes are developed by the Musical Director to engage with the audience and to develop and educate them through the choice and combination of works undertaken.

Preparation for concerts is undertaken through regular weekly rehearsals between September and the beginning of July. On occasion the Society organises trips to musical events and social activities for its members.

Strategic Objectives

The Committee has adopted three strategic objectives to act as the focus for our activities. These are:
1. Musical – we aim to deliver a consistently high standard of musical performance, learning and experiencing new and traditional repertoire, especially in challenging ways.
2. Membership and internal access – we try to offer a positive, creative, supportive and friendly environment and encourage social interaction within the choir. We promote membership of the choir to a diverse group of people with the view of achieving sufficient membership numbers to perform a variety of repertoire.
3. Audience and external access – we strive to be a high-profile ensemble, providing positive access to the choir to a diverse group, and to widen participation within the community, whilst performing educational and enjoyable music and developing a larger audience base.

Progress against these and details of our activities are set out in the following pages.

ACHIEVEMENTS AND PERFORMANCE

Chairman’s Statement

This has been another interesting year and a year in which we as a management committee finally completed several tasks and process reviews which have taken place over a number of years. All this effort has perhaps taken more prominence than the general ministrations of a choir, ie the weekly rehearsing and concert performances, but with the final implementation of these reviews I believe that the choir now stands in good stead to face head on the challenges of the next few years: the overall management and particularly financial management of the choir has meant that the recession has to date had little impact on the choir as a whole, both in membership and audience numbers and revenue.

Focus for 43rd season? To support the choir’s team who deliver concerts, especially the concert manager and the stage manager, to support the MD and to support the body of the choir. Simple!

Summary of Activities & Achievements during the year

There has been some invaluable input and support from the choir membership, in particular:

• Margaret Worthington for her book and plant stall and her move down south means she will be missed. We thank Phyllis Mason and Lynda Mitchell for stepping into the breach
• Joan Smith and Philip Hanwell – we are incredibly lucky to have not one, but two excellent accompanists
• Barbara White continues to monitor attendance and alert the committee to any absences and special events so that the choir can continue to support members wherever possible
• Zena Botham manages to ensure that our Choral Days and any other events which take place in the Central Methodist Church run as smoothly as possible, particularly in the all important area of refreshments
• Chloe Patrick has made a significant contribution to helping with the distribution of publicity materials which has had an impact on the overall awareness of the choir within the area
• Janine Mannion-Jones sells and issues the tickets: the ongoing debate about the issuing of tickets appears to have been resolved and we now have a better idea of the actual attendance numbers for a concert which has resulted in very few wasted printed materials, including programmes. We thank Janine for continuing to give up her breaks to ticket sales

• Judy Dawson and Beryl Ransby both organised walks which were well attended by choir members: it is this type of activity which underlines the friendly nature of our choir which contributes to good rehearsals and performance
• Denise Phelps and Trish Duckett for their support to the librarian
• Melanie Jennings, Jo Richardson, Lynne Greenhaugh, Martha Penny and Stuart Robinson have also made a great start on recruitment activity and it is anticipated that this will start paying dividends during our next 2 seasons
• Celia Pickles continues to contribute to raising choir funds by donating various culinary delights for the benefits of choir members and choir funds. Long may it continue!
• Diane Oakley, Silvia Kleinsman who have hosted soloists.
• The committee as a whole, with particular reference to Bob Parnham and Mark Jarvis as we again won a prize for the presentation of our accounts online: at a presentation during the summer we were awarded 2nd prize of £1,000 from the Institute of Chartered Accountants in England and Wales in conjunction with CAF, the Charities Aid Foundation.

Despite this list of those who have contributed, and apologies for any omissions which are unintentional, there are still opportunities for the choir members to make a contribution. In the words of the omnipresent retailer Tesco, Every Little Helps.

Value of Public Good by the charity

This is a new requirement in our report: overall, especially by our explicit implementation of our Equal Opportunities policy and our choral day in particular underlining our objectives of bringing choral singing to the wider public, there have been some specific activities this year that highlight the choir’s achievements in this area.

• Overall 796 people came to the 4 concerts performed by the choir, excluding our popular Choral Day
• Our participation in the Derby Sing the Nation event brought choral singing to a larger general public – who both listened and participated
• Our Choral Day totalled 117 participants
• Angela Walker, our Secretary, is a member of the East Midlands’ Making Music committee which benefits musical groups across the region
• Several committee members, in particular the Chairman and the Treasurer, have been asked for help and advice by several people, including a choir in Tamworth, a choir from Woodstock who was touring in Chesterfield, a choir from Devon looking to buy staging, two choirs from Sheffield looking to emulate our publicity and profile
• We raised money for a local Charity, Pathways, from donations made by the audience at the Choral Day’s free evening concert.

Progress on strategic objectives

Musical
Our 42nd season has further consolidated the musical progress which a slight reduction in numbers has made difficult. Concert performances have reflected the effort put in during the rehearsal period but maybe not a full reflection of the journey taken to get to the final performance. Nonetheless the choir continues to be challenged and developed – this is still a fulfilling hobby that many are enjoying, as evidenced by the continuing rehearsal attendance.

Membership and internal access
Again, our reiteration of rehearsal attendances. Our responsibility to fellow members to deliver at the best level that we can both during rehearsals and concert performances has led to the consistent implementation of the rule that any member missing 3 or more rehearsals has their own responsibility to agree with Steven whether they will be singing in the concert.

The committee had an influx of new members: Martha Penny took on the role of librarian and has help in the form of Denise Phelps, Trish Duckett and Lynda Mitchell – a great example of how a small group of people can make work much easier. Karen Law became the Choir Rep and Susan Abbott became a Committee Member. New views and ideas are imperative for the continuing development of an organisation such as the Philharmonic. Those who volunteer their time to help with the administration can have a genuine input and steer on the direction of the Choir as a whole.

The various sub-committees continued to carry out their work: the Risk Management team in particular is an ongoing group collaboratively working towards a bigger objective and reporting back to the main committee on a regular basis and the constant review of the Risk Management issues has led to better and more efficient management and performance of the choir in all areas.

The policies for Data protection, Equal Opportunities and Safeguarding Children were successfully introduced at the last AGM and are now an integral part of the administration of the Choir. We now proudly display the Making Music charter mark for promoting equal opportunities.

The recruitment sub-committee met several times and has developed the outline of a strategy for bringing in new blood: perhaps the 2 most important outcomes were
• the development of a flyer advertising both our November concert and also to recruit new members for use at the August event in Derby
• the creation of a list of all possible outlets in the vicinity who may be interested in advertising our concerts and events and whose members or visitors may be interested in singing.

Perhaps the biggest achievement of the year, however, is the acquisition of the new staging: this was used for the first time during the June concert. The erection in the morning took less time than the erection of the old staging, the choir looked smarter and the anecdotal reports from audience members were that our Tenor and Bass sections sounded and looked better than ever, with no fear of falling visible in their faces! We have subsequently loaned the staging to another choir from Woodstock who visited the area and they made a voluntary donation for its use. They also commented on how easy the staging was to put away: a lesson for our next use maybe is to implement a chain system. Of particular note was Stuart Robinson who boldly and bravely assumed the role of Stage Manager for this concert due to a Committee Member absence and garnered attention, respect and a successful outcome. Our particular thanks are to be noted.

Audience and external access
Our head of Front of House, Dennis Ransby, and team have yet again been a godsend and I wish to convey our sincere thanks to them: they perform an invaluable and highly important role and our concerts could not continue without them, but they have only a limited visibility within the choir. First Aid training is also ongoing for some members of the team too which was already in place when we had an incident during our spring concert. This was dealt with quickly but highlighted that our procedures needed firming up to ensure prompt and safe action in the event of a repeat.

Audience numbers showed a moderate increase in line with usual year on year fluctuations and at last the committee has realised that there is little that can be done to influence this over and above what is already being done. The majority of our ticket sales still come from the choir member sales but the feedback we receive from those who do come is that our concerts are still very enjoyable and our audience numbers are still apparently higher than those for similar organisations in the area.

Our Choral Day was another success with special thanks as ever going to Miguel Cámara for his enduring enthusiasm and marshalling of choir members. We enjoyed good participant numbers and a great quality of music with a performance of a new piece by Karl Jenkins. It introduced my 4 ½ year old sons to the joys of choral singing too – never a bad thing!

Concerts
The choir presented four concerts, sang in Derby as part of a national event marking the handover of the Olympic Torch from Beijing to London and enjoyed our 12th Choral Day.

Saturday 24th August 2008: Sing the Nation

This event, organised as part of a national event to mark the handover of the Olympic Torch from Beijing to London as part of Sing the Nation, took place in Derby.

We were paid £250 for the pleasure to help with travel costs, each received a red t-shirt with our name on the front and 27 from the choir plus some choral day members made the trip and performed to a market square full of those wishing to listen to the Derby Ram and excerpts from Jenkins’ Adiemus.

Saturday 8th November 2008:
An Evening with Karl Jenkins’ Music: Adiemus Songs of Sanctuary and Requiem

This concert gave some of our in-house talent a chance to shine and attracted a larger than anticipated audience, particularly bearing in mind the competition of local bonfire activities. The comments back from both choir and audience alike were exclusively positive and many reported of being moved. This is a concert which should be remembered for all the right reasons by all those who were there.

Sunday 14th December 2008:
Carols with the Phil with special Guests St Mary’s School Girls’ Festival Choir

As we said last year, you can never please all of the people all of the time – but our Christmas concerts feature music to suit all tastes – secular and sacred and fun! The Christmas concert continues, however, to be a challenge not least in the relative lack of time for us to prepare the programme. Yet again this was a popular concert which puts choir and audience into the Christmas spirit. The raffle is also a very important fundraiser. Of particular note, however, was the fantastic performance from our guests – the discipline, musicality and ability to sing without music was hugely admired by the choir and audience alike.

Saturday 21st March 2009:
Spring Music Handel Coronation Anthems, Fauré Cantique de Jean Racine and Requiem

We were very lucky for this concert to enjoy the singing of Emma Morwood and Tom Eaglen, both of whom had sung with us before but who gave fantastic performances. The choir threw themselves into the concert and the juxtaposition of these two composers in the one concert worked well. The choir’s effort in the journey to the concert performance was greatly rewarded and was reflected by the standard of singing.

Saturday 6th June 2009:
12th Choral Day: Excerpts from Karl Jenkins’ Stabat Mater

This was another success despite the newness of the piece and also other similar events: the performing of the same material by different groups within a short period of time does not appear to have had any impact on our choral day but is nonsensical for all parties concerned. The Choral Day organising team always communicate the music and date well in advance but are now looking at ways to ensure that choral music in the area is not cannibalising its own events and participants.
The next choral day will no doubt be a great success: the date is already set for 12th June 2010 in both raising funds, raising our profile and in enjoyment!

Saturday 27th June 2009:
Summer Spirit - Mozart Veni Sancte Spiritu, Ave Verum,
Shostakovich Piano Concerto No 2 in F major, Schubert Mass in A flat

This concert, in its position, according to a few in the choir, of the “troublesome” concert due to numbers singing and in the audience attending, yet again proved the critics wrong: the performance’s reception was overwhelmingly positive, especially the Ave Verum performed without music. Lydia Bryan’s piano solo made a marked impression on choir and audience alike and the Schubert proved, yet again, that the choir can deliver good music providing it has the self confidence. One year we will trust our MD and recognise that his confidence in us is well placed. And the new staging proved to be a huge success.

FINANCIAL REVIEW

Reserves Policy
This year the trustees have reviewed the Reserves Policy which has been in place for several years and agreed that it should remain as currently set out. The policy seeks:

• to ensure financial continuity in the event of a large variation in income;
• to maintain a positive cash flow, particularly before concerts;
• to cover specific future projects as they are agreed.

The policy sets a minimum reserve level of £3000 at the end of the financial year. This may be adjusted higher if an expensive concert is planned early in the following season. Prior to any concert or major expense the reserve level should be sufficient to cover the costs of the concert or activity without income from ticket sales. Throughout the year we have continued to implement actions to maintain reserve levels, including taking regular budget forecasts. These have proved successful in ensuring we have maintained a sound financial situation, whilst making a major financial commitment through the purchase of new staging. In the light of the current economic situation the trustees agreed to review the policy again in 2009-10.

Financial Performance
Over this last year we have broken even. Our final balance shows us with assets of £18,742 of which £10,002 are cash assets and £8,722 are fixed assets. The latter representing the value of the staging purchased during the year after depreciation. In year we again benefited from winning a £1,000 prize for the quality of our on-line accounts, and we received a contribution of £850 from Chesterfield Borough Council in recognition of our support for the forthcoming Chesterfield Musical Festival week in November 2009. Throughout the year our reserve levels remained well within the criteria set down in our Reserves Policy.

Our end year cash balance is in line with the forecast made in last year’s annual report. However, this masks some significant variations in sources of income. Our plans had not included the further prize for our accounts, nor the contribution from the local Council, but these were offset by the Inland Revenue payment of our claim for tax on gift aided donations falling after the end of our financial year.

Ticket sales for concerts showed a 15% improvement over the previous year, and were in line with expectations:

.

The graph shows though that these remain lower than we have achieved on average over the last decade (shown by the dashed line). The increase is a good sign, especially happening in a year when economic conditions showed a marked downturn.

The improvements in ticket sales and careful budgeting ensured that we made a reasonable profit on our Christmas concert, while keeping within our planned losses for other concerts. As ever our Choral Day has proved a financial success, even with slightly fewer attendees than we hoped for, and we made a profit of £1,300. This was supplemented by a voluntary collection which raised £120 for the Pathways project.

We have maintained the level of expenditure on soloists and musicians in line with last year, but this is less than previous years. Costs have been kept down by the use of smaller chamber orchestras at two concerts and fewer soloists. We continue to face increasing pressure to find additional income to allow us to engage as many professional musicians as we would wish to ensure we continue to offer performances of a high quality to the public of Chesterfield and North Derbyshire.

The Musical Director’s fees have increased in line with plans. For the year commencing January 2009 fees of £3300 will be paid for all rehearsals and concerts undertaken.

Annual membership fees were increased to £95 and £75 in recognition of the increased costs we face to put on concerts, and with increased membership this brought in around £400 more. We remain committed to providing unrestricted access to singing for those members of the community that want to take part, our policy of agreeing reduced rates for those that can afford less has ensured several members can continue to sing with us.

Fundraising activities are a vital contributor to our cause. The now well established monthly raffle is popular and makes a significant contribution; likewise the bookstall has been very successful this year raising over £200 by recycling unwanted books at a small charge. Together with the raffle at our Christmas concert we have benefited from income of around £900. Additional sources of income included the sale and hire of music from our music library.

This year we made one significant purchase of new staging. Costing nearly £10,000 the Trustees had been planning for sometime to use our prize funds from the CAF On-line accounts awards to replace the existing old tiered seating with more modern flexible staging. Following a detailed costing exercise and consultation with the membership we went ahead with the purchase in January 2009.

The new staging was delivered in June and immediately proved its worth. We hope that as well as being a welcome addition to our concerts, it will also provide an additional source of income when hired out to other local organisations who wish to use it. We have decided that the cost of the purchase will be spread across ten years in our balance sheet.

In the coming year our plan is to continue to ensure the majority of our resources are spent on putting on concerts supported by high quality musicians. Overall we expect to have a small deficit while engaging eight singing soloists, two organists and a full orchestra. Our current cash balance stands at £10,000 and with income from membership, ticket sales and fundraising we can look ahead with some confidence.

Signed by:- Rachel Swann 5th November 2009
Chairman

For and on behalf of the Trustees of the Chesterfield Philharmonic Choir.

INDEPENDENT EXAMINER’S REPORT

to the Trustees of
Chesterfield Philharmonic Choir

I report on the accounts for the year ended 31 July 2009, which are set out on pages 11 to 16.

Respective responsibilities of trustees and examiner
The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.

It is my responsibility to:
• examine the accounts (under section 43 of the Act);
• to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act); and
• to state whether particular matters have come to my attention.

Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement
In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the Trustees have not met the requirements to ensure that:

• proper accounting records are kept (in accordance with section 41 of the Act); and
• accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or

(2) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 July 2009

						2009	-	2008	-
				Notes		£		£
INCOMING RESOURCES				3
Unrestricted Funds
	Incoming resources from generated funds
		Voluntary Income		3.1		9,343		13,505
		Activities from Generating Funds		3.2		1,975		2,402
		Investment Income		3.3		525		790
	Incoming Resources from charitable activities			3.4		10,102		9,954
Total Unrestricted Funds						21,945		26,651
Restricted Funds				4		0		0
Endowment Funds				5		0		0
Total Incoming Resources						21,945		26,651
RESOURCES EXPENDED				6
Costs of generating funds
	Costs of generating voluntary income			6.1		176		152
	Fundraising trading costs of goods sold and other costs			6.2		630		751
Charitable activities				6.3		21,451		20,252
Governance costs				7		0		0
Total resources expended						22,257		21,155
Net incoming/outgoing resources						-312		5,496
RECONCILIATION OF FUNDS				10
Total funds brought forward						19,036		13,540
Total funds carried forward						18,724		19,036
						=======		=======
All amounts derive from continuing activities
There were no other recognised gains and losses in the year

BALANCE SHEET

at 31 July 2009

NOTES ON THE FINANCIAL STATEMENTS

for the year ended 31 July 2009

1	Basis of preparation
1.1	Basis of accounting These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: * Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005); * and with Accounting Standards; * and with the Charities Act 1993.
1.2	Change in basis of accounting There has been no change to the accounting policies (valuation and methods of accounting) since last year.
1.3	Change to previous accounts There has been no change to accounts for previous years.
2	Accounting Policies
	INCOMING RESOURCES
	Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when: * the charity becomes entitled to the resources * the trustees are virtually certain they will receive the resources; and * the monetary value can be measured with sufficient reliability
	Incoming resources with related expenditure Where incoming resources have related expenditure (as with fundraising or contract income) the incomng resources and related expenditure are reported gross in the SoFA.
	Grants and Donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
	Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate
	Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
	Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
	Investment Income This is included in the accounts when receivable.
	EXPENDITURE AND LIABILITIES
	Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT, which cannot be recovered.
	ASSETS
	Tangible fixed assets for use by the charity These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is assessed on a straight line basis over the lifetime of the asset.
	Stocks Stocks are valued at the lower of cost and market value.

3	Analysis of incoming resources
3.1	Voluntary Income	2009		2008
		£		£
	Subscriptions	7,247		6,851
	Grants	850		0
	Charities On Line Accounts Award	1000		5000
	Donations and bequests	239		163
	Income Tax repaid	7		1,491
		9,343		13,505
		========		========
3.2	Activities for generating funds
	Sale and hire of music	255		723
	Fundraising including raffles	655		500
	Sale of Uniforms	265		608
	Advertising and sundry income	800		571
		1,975		2,402
		========		========
3.3	Investment income
	Bank interest received	525		790
		========		========
3.4	Charitable activities
	Sales of tickets and programmes	9,166		8,670
	Refreshments	284		359
	Donations	128		198
	Sundry income	524		727
		10,102		9,954
		========		========
4	Restricted funds
	There were no restricted funds received in 2009
5	Endowments
	There were no endowments received in 2009
6	Analysis of resources expended
6.1	Costs of generating voluntary income	2009		2008
		£		£
	Administration	49		51
	Sundries	127		101
		176		152
		========		========
6.2	Fundraising trading costs
	Administration	62		85
	Printing	0		0
	Purchases	101		88
	Social	0		0
	Uniforms	467		578
		630		751
		========		========
6.3	Charitable Activities	2009		2008
		£		£
	Administration	445		380
	Concerts	9,155		9,745
	Donations	120		250
	Rehearsals	2,541		2,491
	Musical Director	3,575		3,365
	Printing	3,905		3,604
	Staging	969		0
	Sundries	741		417
		21,451		20,252
		========		========
7	Fixed assets	2009		2008
		£		£
	Staging:
	Cost of purchase	9,691		0
	Depreciation over 10 years	969		0
		8,722		0
		========		========
8	Governance costs
	There were no charges for Governance costs as all services are provided by trustees and members free of charge. Independent inspection of the accounts is also provided free of charge.
9	Prepayments	2009		2008
		£		£
	Concert Hall and Rehearsal Room Hire	50		50
		========		========
10	Payments to Trustees	2009		2008
		£		£
	Remuneration *	3,575		3,365
	Expenses	0		0
	Total	3,575		3,365
		========		========
	* Fees were paid to Steven Roberts, a trustee
11	Accumulated Fund	2009
		£
	01 August 2008	19,036
	Net incoming resources for the year	-312
	31 July 2009	18,724
		========

Appendix 1

INCOME AND EXPENDITURE ACCOUNT

for the year ended 31 July 2009