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AGM [1997-06-02]

Subject:
AGM
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Location:
Year:
1997
Date:
June 2nd, 1997
Text content:

GUILDFORD PHILHARMONIC CHOIR

R

President: Sir David Willcocks CBE MC

Chorus Master: Jeremy Backhouse

Accompanist: Jeremy Filsell

Chairman: John Trigg, 13 Vicarage Gate, Onsows Village, Guililford, Gl2 5Q. Tul: 01483 566341
Secratary: Staphen Jopson, Clreholl, Felday Glode, Hotwbury St Wary, Dorking, Surreg, RH5 60G. Tul- 01306 730383
Traasurer: Christophar Robinson, Tha Coach House, Station Koad, Godalming, Surrey, GU7 1EX. Tl 01483 428400
Wembership Sec: Voraen Ayton, 51 Garrich Close, Horsham, Welton on Thames, Surregy, KT12 sYNZ. Tl- 01932 221918
NOTICE is hereby given to ALL MEMBERS of the CHOIR that the
ANNUAL GENERAL MEETING
of the Guildford Philharmonic Choir will be held after rehearsal

at 8.30pm on Monday June 2nd 1997 at the

Methodist Church Hall, Woodbridge Road, Guildford, Surrey GU1 4RB
when the following business will be transacted.
1.

Apologies for Absence

2.

Agreement of the Minutes of the AGM held on June 3rd 1996 (copy attached)
Matters arising from the Minutes of the 1996 AGM.

3.

Chairman's Report

4.

Treasurer's Report and Presentation of Accounts for the Year to April 30th
1997. Approval of Accounts.

5.

Chorus Master's Report

6.

Election of Officers: Chairman, Treasurer, Secretary & Membership Secretary

Election of Four Additional Committee Members
7.

Recommendation to Guildford Borough Council on the Appointment
(Re-appointment) of a Chorus Master.

8.

Appointment of an Accompanist on the recommendation of the Chorus Master.

9.

Appointment of an Independent Examiner of Accounts.

70. Any Other Business (which must have been notified to - and accepted for
inclusion by - the Chairman prior to the Meeting).
11. Election of Voice-Part Representatives. For this item, the Choir will divide

into seven groups, consisting of each Voice Part, but with all Tenors in a
single group.
April 28th 1997

Stephen Jepson

Hon Secretary, Guildford Philharmonic Choir

Light refreshments will be served immediately prior to the Meeting.
[c:\gpchoiricommitteelag97agm.doc p1 1]

v(/

GUILDFORD PHILHARMONIC CHOIR
Registered as a Charity No.

1026337

ANNUAL GENERAL MEETING
MINUTES of the Annual General Meeting held at 8. 30pm on Monday June 2nd 1997 in
the Methodist Church Hall, Guildford.
PRESENT: Jeremy Backhouse (Chorus Director), John Trigg (Chairman), Stephen
Jepson (Secretary), Chris Robinson (Treasurer), Noreen Ayton (Membership

Secretary), 6 members of the Committee and 70 choir members whose names are
recorded on the associated register.

APOLOGIES FOR ABSENCE: Nicola Goold (GPO General Manager).
1. The Minutes of the AGM held on June 3rd 1996, having been circulated, were
corrected (1996/7 Season in Item 8), agreed as a correct record and signed.

2. MATTERS ARISING: Sir David Willcocks had accepted the Presidency of the Choir
for the next five years.
3. CHAIRMAN'S REPORT: John Trigg was pleased to report, that at the end of

another highly successful year, we had achieved two complimentary reviews in
the Surrey Advertiser!

This was of course due to the efforts of our Chorus

Director, Jeremy Backhouse, and the superb rapport he had built up with the
choir.

He seemed to manage a smile even for our most excruciating mistakes.

This was not to say that the year had been easy, either musically or
linguistically, and the bombshell delivered by the Council concerning the

Choir's future had put paid to any ideas he might have had that, after the
changes of the previous two years, the "normal” year he had been looking

forward to had actually arrived.

The cut in the number of official

choir-orientated subscription concerts from three to two with a one-third
reduction in Borough grant, together with reduced support elsewhere meant
that we had to be more adventurous and more self-sufficient yet if we were to
survive.

Furthermore, the 1998/9 season was promising even more cutbacks.

The Committee has therefore not only had to work hard with its usual
responsibilities, but has also had to put in a lot of work planning for next
year.

He therefore wanted to thank not only the Secretary, Treasurer and

Membership Secretary, but also Jacquie Alderton for her excellent and highly

successful efforts at increasing internal fundraising; Roger Penny for his
ticket sales resulting in both increased numbers and in financial value to
the choir, plus his 100-Club activities, and Susan Ranft for her tireless

efforts in the Publicity field.

Thanks also to Rosemary Smith, who had had

to retire due to pressure of work, and to Joan Robinson who was also retiring
from the committee.

They, and Roger who had unfortunately completed his

constitutionally permitted stay of three years, would be much missed by the
new committee.

However, Michael Dawe had been co-opted in Rosemary's place

and had agreed to stand as Secretary in Stephen's place for 1997/8.

Hilary

Trigg had also been co-opted to oversee catering and had also agreed to stand
for the committee for next year.

Stephen was retiring as Secretary to

concentrate on special projects and external fund-raising for next year.
A most important vote of thanks was also due to Christine Medlow, who as
Librarian continued to produce the music for us to sing from. Anyone who
thought this was an easy task only had to reflect on the range and variety of

the music we had been performing, or to look at the complexity and size of
the Librarian's sub-account which was now available for study on the Notice
Board (appended).

On one occasion she had even had to raid an overseas

library to make up our copy requirements.

Guildford Philharmonic Choir, AGM, 02-Jun-97

Page 3

that the new committee should be recommended to co-opt Hilary Trigg at the
start of the next committee meeting. Joy Hunter and Roger Penny
simultaneously seconded this and the meeting carried it nem.con.
7. APPOINTMENT OF CHORUS DIRECTOR FOR 1997/8 SEASON: Jeremy Backhouse (having

temporarily left the meeting) was proposed by John Trigg for recommendation
to the Borough Council for re-appointment. Noreen Ayton seconded and the
meeting carried the motion by acclaim (nem.con).
8. ACCOMPANIST: Jeremy Backhouse's recommendation of Jeremy Filsell for
re-appointment was carried unanimously by acclaim (nem.con).

9. APPOINTMENT OF AN INDEPENDENT EXAMINER OF ACCOUNTS: Jenny Hasnip, the
Committee's nominee, was proposed by John Trigg, seconded by Stephen Jepson,
and appointed by the meeting nem.con.

70. ANY OTHER BUSINESS: Olivia Ames-Lewis proposed a vote of thanks to Stephen
Jepson for all his work on the new Choral Staging. Les Harfield seconded and
the meeting unanimously agreed.

11. ELECTION OF VOICE-PART REPRESENTATIVES: Due to shortage of time, the
Chairman declared this item postponed to a separate meeting to be held at the
end of a rehearsal shortly.
The Meeting closed at 9.45pm.

[c:\gpchoirl..\mn97agm. doc p3+3]

GUILDFORD PHILHARMONIC CHOIR
Registered as a Charity No.

1026337

President: Sir David Willcocks, CBE, MC.

Chorus Master: Jeremy Backhouse

Accompanist: Jeremy Filsell

Chairman: John Trigg, 13 Vicarage Gate, Onslow Village, Guildford, GlU2 5QJ. Tel: 01483 823084
Secrotary: Staphen Japson, Cloreholl, Felday Glode, Holwbury St Wiary, Dorking, Surrey, RH5 6)°G. Tk 01306 730383

Traasurer: Christophr Robinson, The Coach House, Station Road, Godaloing,

Surrey, GU7 1EX. Tel: 01483 428400

Wambership Sec: Vorsan Ayton, 51 Garrich Close, Hersham, Wllon on Thames, Surray, KT12 sNZ. Tel: 01932 221918

Secretary’s Report for the 1996-97 Year
Committee Meetings

The Committee met eight times on the dates and at the Venues shown.
16-Jul-96

13 Vicarage Gate, Onslow Village. (Apol: Susan Ranft, Chris
Robinson, Joan Robinson & Nicola Goold)

16-Oct-96

47 Manor Way, Onslow Village.

(Apol: Chris Robinson & Stephen

Jepson)

04-Dec-96

51 Garrick Close, Hersham. (Apol: Roger Penny, Joan Robinson &
Nicola Goold)

12-Feb-97

13 Vicarage Gate, Onslow Village.

(Apol: Chris Robinson, Joan

Robinson & Nicola Goold). Rosemary Smith had resigned & Hilary
Trigg was co-opted.
05-Mar-97

Clereholt, Holmbury St Mary.

(Apol: Jeremy Backhouse, Noreen

Ayton, Roger Penny, Chris Robinson & Nicola Goold). Michael Dawe
was co-opted.
25-Mar-97

Harestock House, Westcott. (Apol: Roger Penny, Chris Robinson,
Joan Robinson & Nicola Goold).

07-Apr-97
13-May-97

Methodist Hall. (Special meeting after rehearsal).
Clereholt, Holmbury St Mary. (Apol: Jeremy Backhouse, Chris
Robinson, Joan Robinson & Nicola Goold).

Attendance Summary (excluding 07-Apr-97):
JB-5/7, NG - 1/7, JT- 7/7, CR - 1/7, SJ- 6/7, NA - 6/7, JA - 7/7, RP- 4/7,
SR - 6/7, JR - 2/7, RS - 3/3, HT- 4/4, MD - 3/3.
There was also a Working Party to examine the Choir's future, funding and
identity following the Borough-engineered separation of the Choir from the
Guildford Philharmonic Orchestra. This met on January 29th 1997 at Clereholt,

and subsequently, with Lynda Strudwick and Nicola Goold, at the Philharmonic

Office on February 4th.
Major items covered during the year included: A new President to replace Vernon

Handley; Complete financial independence from Guildford Borough Council, how to
cope with it and the opportunities to be grasped; Registration under the Data
Protection Act; The Choral Workshop; The outturn of the ASC staging project.
S H R Jepson - May 13th 1997

GUILDFORD PHILHARMONIC CHOIR
Registered as a Charity No. 1026337

President: Sir David Willcocks CBE MC

Chorus Master: Jeremy Backhouse

Accompanist: Jeremy Filsell

Annual General Meeting, June 2nd 1997,

Nomination of Officers and Additional Committee Members for the 1997-98 Season.
The present Committee (with the number of years served) consists of the
following:-

OFFICERS:

Chairman: John Trigg (3, plus 2 as Treasurer)
Treasurer: Christopher Robinson (3)

Secretary: Stephen Jepson (2)
Membership Secretary: Noreen Ayton (2)
ADDITIONAL MEMBERS:

Jacqui Alderton (1)

Roger Penny (3)

Susan Ranft (2)
Joan Robinson (1)
Hilary Trigg (Co-opted 12-Feb-97)
Michael Dawe (Co-opted 05-Mar-97)
Rosemary Smith was co-opted at the 1996 AGM but retired due to pressure of work

in December.

Roger Penny, having served for three years, retires in accordance with the
Constitution, Paragraph 5c and is not eligible for re-election.

John Trigg,

Chris Robinson and Noreen Ayton are standing for re-election to their present
respective Offices. Stephen Jepson is standing down as Secretary in order to

concentrate his efforts on external fundraising and specific projects, ang

is

therefore seeking re-election as an Additional Member. Jacqui A/derton,l Susan
Ranft and-dean-Rebinson, being eligible, are standing for re-election and Hilary
Trigg is standing for election, all as Additional Members.

Michael Dawe is

standing for election to the Office of Secretary.

The Choir's present Constitution allows for only four elected Officers and four
Additional Members, but allows the elected Committee to co-opt, effectively at
its discretion. In recent years, the Committee has found it necessary to co-opt

additional members to cope with the routine work to be done, as well as for
specific tasks. The Choir's newly imposed independence has further increased the
workload, and the outgoing Committee expects that the new Committee will have to

co-opt several extra Members to meet the needs of 1997-98. It also anticipates
that the Choir's Constitution will require a major revision once the situation
has stabilised and the new needs can be defined. These will be matters for the
new team to address.

Your retiring Committee exhorts all members to review their (and their
neighbours’) skills and to consider standing (or proposing or seconding the said
neighbours) for election to the new Committee. Election (and re-election for
that matter) cannot be guaranteed, but co-option of mandated volunteers looks
extremely likely.

(continued)

GUILDFORD PHILHARMONIC CHOIR
Registered as a Charity No. 1026337

President: Sir David Willcocks CBE MC

Chorus Master: Jeremy Backhouse

Accompanist: Jeremy Filsell

Annual General Meeting, June 2nd 1997,
Nomination of Officers and Additional Committee Members for the 1997-98 Season.
You are now invited to nominate one or more Choir Members for any of the Offices

or for a place as an Additional Member on the Committee. If there are more than
four nominees for Additional Member places, a ballot will be required to elect
four Members from amongst those standing.

If there is more than one nominee for

an Office, a ballot will be required to select the Choir Member for that Office.
Please write below, or on the continuation page, the name of anyone you wish to
Nominate, add the Office to which you are nominating them (or write "Additional
Member"), add your name as the Proposer, get your Seconder to add their name,
and THEN GET YOUR NOMINEE TO SIGN INDICATING HIS OR HER
WILLINGNESS TO SERVE.

Nominations (with the same details) sent to the Secretary by post or fax will
also be accepted.

206s

NOMINATIONS BY FRIDAY MAY 23R® 1997, PLEASE.
Nominee

Office/Add| Member

Proposer

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Signed

GUILDFORD PHILHARMONIC CHOIR
Registered as a Charity No.

1026337

President: Sir David Willcocks CBE MC

Chorus Master: Jeremy Backhouse

Accompanist: Jeremy Filsell

Annual General Meeting, June 2nd 1997,

Nomination of Officers and Additional Committee Members for the 1997-98 Season.
CONTINUED

3ofl,

NOMINATIONS BY FRIDAY MAY 23fR5-1997, PLEASE.

Nominee

Office/Addl Member

Proposer

Seconder

Signed

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GUILDFORD
Registered
ANNUAL

GENERAL

PHILHARMONIC

CHOIR

Charity

1026337

No.

MEETING

2
HON.

TREASURER’S

Y

JUNE

1987)

REPORT

INTRODUCTION
IE

This

report

set

refers

throughout

out

in

the

summary

is

prepared

1996/97

at

present

if

by

to

By

way

is

a

Col

comply
of

B

is

for

the

most

part

with

the

Auditor.

this

will

be
has

with new
the

Col

year’s

C

for

is

a

draft

the

from

the

draft

Copies

of

on

delayed

the
in

year

the

by

audited

night

of

the

need

to

reformat

the

and

1995/96

Expenditure
audited

just

ended

the

income

and

and

Col

D

proposed

between

ths

agreed

accounts

for

accounts,
AGM.

requirements.

Income

the

the

That

accounts

of

summary

information

accounts.

Commision

A of

financial

audited

distributed

Charity
Col

the

been

information

the budget

AB6M,

summary

to

production

of

the

not

confirmation,

summary

year's
in

their

to

and

then available,

However,
them

Appendix

is

as
a

Account

accounts,

submittied

to

last

expenditure

figures

budget

for

1987/98.
INCOME
3.

AND

The

EXPENDITURE

principle

outcome

1995/87

differences

figures

Line 4

(Col

C)

are

as

An accounting
prizes,

year's
was

as

change

well

as

accounts.

still

against

a

has

the

This

been

income

(Col

B)

and

show

the

of

made

to

for

that

year,

in

the

loss

but

on

the

10@

accounts

disappointing

budget

budget

the

follows:

£150,

for

shortfall

due

to

the

failure

to

breakdown

of

1397/98
this

there
Club

as

sell

tickets.
Line

5

Fund raising

is

E1515

total

is

Music

Hire

£59,

and

Weight

Line

7

1896

Line

12

The

Line

13

There

by

£1000.

The

Ticket

up

Sales

£440,

Drinks

£2@7,

Sponsorship

£480.

Summer

concert

costs

Goods

Christmas

were

£1400

the

Sales

£121,

Raffle

£208,

less

than

not

used.

the

provision made.
£350 provision

the

was

an

costs of

Cathedral:
Line

14
-

the March

the

new

staging.

The

planned

was

increased

is

now

for

unexpected
£611

was

expenditure

shoun

to
as

publicity was
requirement

and May
almost
of

£2500 but

depreciation

meet

part

GBC concerts
all

£2000
but

to
for

on

for

the

the

of

in

the

use

of

new

the

staging

accounting reasons

of

£625

(see

Para

in

consequence

5

below).
Line

17

A

predicted

surplus
making

allowance

better

off

than

we

APRIL

for

had

AT

30

4.

is

represented

the book

value

Britten.

Debtors

of

reclaim recently

subscriptions
rehearsal
Club

fees

prizes

in

the
are
made

£3120

becomes

a

we

changes,

we

are

about

£2500

would be.

1997
by

the

balance
the

by

1997/98.

Librarian's

of

the

100 Club
that

date

and

folders
in respect

members

Creditors

float

choir

Inland Revenue

and

by 3@ April.
unpaid

accounting

feared

BALANCE SHEET
cash

of

of £230.350

After

The

deficit

who

had

are primarily

and a

the

stock

is

held by John
of the tax
not

paid

those

provision of

their

entitled to

£650

for

100

The Choir
Surrey

is

one of

Choirs

that

assistance of

a

grant

Jointly purchased

the

for Sport

new

Cathedral

staging.

the

Committee

staging

was

£40948.

25%

pa

and

current

its

in

the

Choir

as

a

future

subscriber
an

disposal

BUDGET

value

is

will

the

being

The

written

entitled

to

a

distribution

have

is

The purchase
at

Choir’s

the

price

rate of

contribution

doun value

preferential

from

the

Arts,

Choir

depreciated

£30711.

the

hiring charges

of

have

two-thirds

of

is
2

of

£1875.

hiring

the

profits

from

25%

interest

in

is

The

rate,

and

has

a

under

the

new GBC arrangements.

may

the

staging.

determining

first

3 GBC

year's

as
a

the

not

last

as well

can exert

its

grant

of

Number
Rate

the principle

we

15) and

untouched at
we

stage.

For

the

of

Col

D

is

prepared on

have

a

slightly

seek broadly
a

purpose of

the

Choir

P

sponsorship

of

should

on

which

Concerts

£16000 against

unavoidably or

over

own March

month

figure

Fund Raising

yet

factors

its

this

Subscription

of

at

fund

later

The

ge

Members
Covenants

budget

coming year

to

only

degrees are

Amount
Level

have

concert

Number of
Cost

therefore

Reserves

of

of

will

and will

Trinity

in differing

Contingency

The draft

concerts,

Holy

budget,

control

Level

(Line

is

at

The

the Association.

is

with

and the

1997/98

concert
In

value

annual

This coming year
Choir

of

1t

Balance Sheet

get

the Association of

the Fund

the

shown

of

from

of

non-preferential

6.

founding members

represented on

in

THE

four

have each contributed £2500 and,

planned
the

to

the

when
a

the

in

this

figure

with reserves

inevitably we

significant

budget,

that

contingency

break even

day

basis,

draft

the basis

larger

loss

(Line

shall
on a

19)

make,

concert

following assumptions

have

been madi
Full

paying

Full
90%

membership

subscription
of

members

Fund raising
The

membership

present

level.

comparad

with

figure

and compares

who

Jan,

most,
two

|

Apr

and

not

all,

options.
and

New
to

and

would

|

by

a

that

further
we

Jun

in

members

sign a

not

(Line

stay

1)

hroadly

is

set

at

This

would be

payable

Jan.

This

is

a

reduced

EITHER
each
would

similar

to

paid
for

year.

existing members

New covenants will

£500

shall

£55).

Standing Order
1

see below)

covenant

still

£80

the

modest

(as

two

sum

fees.

existing

members

and
Oct,

The

that

budget

wish
be

to

full

equal

for what

1

Standing

in

£90

£20

normally

£80

all

the

£8@ payable quarterly on

will

be required as

for

at

in

favourably with evening class
be

22 Sept

signed

1f

joining

Oct

rate

on or before

provided a
1

1|

present

members

the

up

130

(but

by

The subscription rate
the

on

get

£9@

paying

assumes

instalments
However,

at

at

OR paid

assumption

is

take

of

required

up
to

one
pay

£20

these
on

Order.

they

operate

on

the

basis

of

the subscription for the time being in forca. However we will need
to increase the number of memhers covenanting their subscription by
13

to

achieve

raising

is

the

target

proposed

(Line

(Line
5).

2).

Only

a

modest

increase

in

fund

10.

In

consultation

have

been

put

figure,

as

expenditure

hall

(and

£400

is

is

for

included

to

are

the new £100 prizss,
drawn

31

May will

June

as

a

for

costs

(Line

7)

March.

The

June

next

to

rehearsal

costs.

conductor,

soloists,

and programmes/tickets

specific

contingency

of

this

last

sell

100%

light

being adjusted

replacing

and December.

be eligible

concert
for

£1250

publiciiy

13)

uill

in

includes

failure

arrangements

net

£5000

cover orchestra,

in the

by £70:
be

and

hire,

(Line

costs

our probable

100 Club

Backhouse,
June

practice,

needs

instrument)

concert

To reflect
the

current

any

also

Jeremy

£2500

Concert

Cathedral
1",

with

at

GBC

all

the

time,

reducing prize money

the May/November £135 prizes,

Only

the June

tickets
by

for

year

those

who have

paid

up

by

draw.

COMMENTS ON BUDGET
12.

If

any

one

necessary

assumption
to

opportunity

13.

There

is

covenant

it

to

is

one

change

probably

membership
and

alter

changed

or
the

little

more

really

is

(eg.

other

for

few more

valuable

imporiant

the

14,

On

at

100%

not

fund raising

thought

that

than

spend

to

However

higher

that

more

the

the

the

assumptions

A major

ticket

members

for

ticket

sales

16.

that

for

budget

be

issue

of

all.

be

will

COMMITTEE

the

draft

form,

out

changes

at

its

endorsed

accordingly

increase
The

rate

rises

this

It

require

In

the

change

would

seem

appropriate

will

need

to

costs.

no

this

At

report

is

requires.
the

at

of

to

stage

breakeven

this

all

we can

our

stage.

choir

increase

March
it

we

stage

the

the

at

if

this

concert,

is

assumed

sponsorship

will

be

year.

in advance

the

of

audited

the AGM will

issues

explain matters

(draft)

If

for

significant

coming

light

be made by

this

it

would be useful

further but

sponsorship

as

subscriptions

fund raising

no

that

to

modest

AGM,

get

decided

meeting
the

to

adopt

D

in

subscription

the
8

and

of

11

the

on

13 May

assumptions

in Col

Paragraphs

that

further

accounts

or

at

the

considered

this

for

Appendix

and

that

now
to

assis

face us
ansuer

AGM

itself

submission
together

10@ Club

to

the

AGM

the

proposals

arrangements

Robinson

Treasurer.

in

and

with

above respectively.

Honorary

1997.

report

had been made

Christopher

25 May

be

DECISION

The Committee

set

on

will
litile

should be

higher

still

still

in understanding

prepared

major
will

effect.

is

pay

the

to

concert

this

the choir

to

and March concerts.

for our concerts

the

consider

ideally we

members.

sales

this

or

purposes

detailed points

17.

our

to

subscription

increase

that

choir

effort

June

members of
I

to

for either

will

hope

own

it

have

equation.

any wish

members

target

ticket

hire charges

our

lower

I

all

made

selling

the

achieved

of

the

separate report

policy on music

the

prefer

effort

of

concert
are

the

we

would be a bonus!

funds:

further

would

time and

support
6BC

Librarian’s
15.

proposed

achievement

could boost

of

indeed

as

90%

many members

wholehearted
no

just

side

or

tenors

absolutely painless way of raising
aiming

subscription rate),
assumptions

expenditure

scope

-- although a

gets

more

the
as

budget

set

as

for

out

in

GUILDFORD
SUMMARY
1.

PHILHARMONIC

FINANCIAL

INCOME

INCOME

&

CHOIR

EXPENDITURE

JUNE

1997

APPENDTX

ACCOUNT

at

30

APRIL

19937

A

B

[=

0o

OUTCOME

BUDGET

OUTCOME

BUDGET

95.96

96.97

.27

7440.00

7550.00

2.50

1

TAX

440.00

1800.00

L64

2

3400.00

3500.00

.00

-]

48000

we

4

cLuB
FUND

.00

500.00

4

S0CTIAL

58.00

100.00

7.05

100.00

3

CHORAL

-4335.00

~5000.00

-3613.32

-7500.00

7

111,00

750.00

N1

500.00

f

TOTAL

9340.00

S620.00

L91

11155.96

9

FEES/HIRE

8161.00

9000.00

suBS

438.00

450.00

PUBLICITY

270.00

FRET/CONC

235.00

0.00

2000.00

CONTINGENCY

2451.00

10900.00

T0TAL

11555.00

12800.00

-2215.00

-3120.00
321.88

@1.88

16122.41

STAGING

PROF/LOSS
+START

RESERVES

CF

BALANCE

SHEET

at

30

APRIL

ASSETS

8250.00

10

.87

0.00

1"

350.00

0.00

500.02

12

.00

611,00

400.00

13

625.00

14

f38.56

1500.00

15

10534,7382

11275.00

16

800.53

119.04

17

15321.88

16122.41

18

168003.37

19

4

1997

FINANCED

RY

RESERVES

START

158

13436.00

HIB

758.08

FROFIT/L0SS

CURRENT

586.29

RESERVES

CASH

ENQ

+/-~

16321.88

800 .5%
16122, 41

62

STOCK

.18

DEBTORS

2578.64

ASC LOAN

1875.00

TOTAL

19560.
41

Less
LIABILITIES
ADVANCES

659.00

CREDITORS

2788.0@

SUB

TOTAL

TOTAL

3438.00
16122.41

I
-

Hed

Va

5

0OTHER

EXPEND

SUB

2

SUBS

GRANT

2.

AGN

INFORMATION

25 MAY

1997

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