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|||Pages|
|---|---|---|
|Report ofthe Council of|Management/Directors|1-7|
|Independent
Examiner's|report|8-9|
|Statement
of Financial Activities||10|
|Balance sheet|||
|Notes to the accounts||12-22|
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|||||Unrestricted||Restricted|Endowment|Total this|Total last|
|---|---|---|---|---|---|---|---|---|---|
|||||funds||funds|funds|year|year|
||||Nots|2023||2023|2023|2023|2022|
|||||6|||8|6|6|
|Income:||||||||||
|Donations
and legades||||95,651||||95,651|71,002|
|Income from charitabie||activites||41,996||8,993||50,989|30,705|
|Income from tmding|sctivitss|||24,870||||24,870|28,754|
|Investment
income||||158||||158|4|
|Other income||||500||6563||7063|31 584|
|Total income||||163175||15556||178731|162049|
|Expenditure||||||||||
|Costs of ratsing funds|||8|12,437||||12,437|14,490|
|Charitable
activities|||9|137,962||18,251|1,200|157,413|144,135|
|Other|||11|||||||
|Total expenditure||||150399||18251|1 200|169850|158625|
|Net Income/expenditure||||12,776|-|2,695 -|1,200|8,881|3,424|
|Transfers
between|funds|||||||||
|Other recognised|gains/fiosses)|||||||||
|Net movement
In funds|||19|12776|-|2695 -|1200|8881|3424|
|Reconciliation
offunds||||||||||
|Total funds brought|forward|||107,418||114,995|81,600|304,013|300,589|
|Total funds carried|forward||19|120194||112300|80400|312894|304013|
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|3|Incom|e from donatio|ns|and lega|cies||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Tots I|Last year|
||||||Funds|Funds|Funds|total Funds|
||||||2023
8|2023
8|2023f|2022
8|
||Grants:||||||||
||Stroud|District Council|||5,000||5,000|15,527|
||Arts Council||||87847||87 847|53217|
||||||92,847||92,847|68,744|
||Friends|membership|||510||510|994|
||Donations||||2,294||2,294|1,264|
||||||95651||95651|71 002|
|4|income from charttable|||activities|||||
||||||Unrestricted|Restricted|Total|Lastyear|
||||||Funds|Funds|Funds|total Funds|
||||||2023|2023|2023|2022|
||||||6|8|6|6|
||Tickets|for performances|||9,253||9,253|3,016|
||Classes||||12,655||12,655|13,527|
||Workshops||||20,088||20,088|14,162|
|||||||8,993|8,993||
||||||41 996|8 993|41 996|30 705|
|5|Income from other trading activities||||||||
||||||Unrestricted|Restricted|Total|Last year|
||||||Funds|Funds|Funds|tots I Funds|
||||||2023|2023|2023|2022|
||||||8|6|8|6|
||Sale of|dresser goods and||seasonal|3,400||3,400|1,562|
||Sale of|art|||4,952||4,952|9,436|
||Rent income||||5,818||5,818|5,178|
||Booking|fees|||||||
||Create Gloucestershire||-re|interns|10,700||10,700|12,578|
||||||24 870||24 870|28 754|
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|6|investment|Income|Income|Income|Income|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|Restricted|Tots I|Lastyear|
|||||||||Funds|Funds|Funds|tots I Funds|
|||||||||2023|2023|2023|2022|
|||||||||6|6|6|6|
||Bank deposit|interest received||||||158||158||
|7|Other income|||||||||||
|||||||||Unrestricted|Restricted|Total|Last year|
|||||||||Funds|Funds|Funds|tots I Funds|
|||||||||2023|2023|2023|2022|
|||||||||6|6|6|6|
||Capital grant|amortisation|||||||5,588|5,588|5,588|
||Revenue
grant||amortisation||||||975|975|390|
||Create Gloucestershire|||||"Offwe go"||||||
||Covld relief grants||||||||||16,480|
||HMRC job retention||||scheme/furlough||||||8,726|
||Other revenue||grant||received|||500||500|400|
|||||||||5DD|6 563|7 D63|31 584|
|8|Expenditure|on||raising funds||||||||
|||||||||Unrestricted|Restricted|Total|Last year|
|||||||||Funds|Funds|Funds|total Funds|
|||||||||2023|2023|2023|2022|
|||||||||6|E|6|6|
||Staff costs|||||||12,437||12,437|14,490|
||Otherfundraising|||expenses||||||||
|||||||||12 437||12437|1449D|
|9|Expenditure|on||charitable|||activities|||||
|||||||||Unrestricted|Restricted|Tots I|Lastyear|
|||||||||Funds|Funds|Funds|total Funds|
|||||||||2023|2023|2023|2022|
|||||||||6|6|6|6|
||Performance|and||events costs||||7,924||7,924|2,437|
||Workshop
costs|||||||17,442||17,442|18,070|
||Staff costs - direct|||costs||||41,458||41,458|25,466|
||Piano Bursary|costs|||||||975|975|390|
||Create Gloucestershire|||||"Offwe go"|||8993|8 993||
|||||||||66,824|9,968|76,792|46,363|
||Governance
costs|||||||21,199||21,199|21,806|
||Support costs|||||||49,939|9,483|59,422|75,966|
|||||||||137962|19451|157413|144135|
|||||||||15||||
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|Governance
and support costs|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Last year|
||Funds|Funds|Funds|total Funds|
||2023f|2023
6|2023
6|2022
8|
|Governance costs:|||||
|Staff costs|12,437||12,437|13,637|
|Rates, insurance
and licencss|1,455||1,455|1,301|
|Heat, light and deaning|3,408||3,408|1,795|
|Repairs and renewals|766||766|1,833|
|General office costs|1,672||1,672|2,086|
|Independent
Exanfiner Services|850||850|850|
|Bank and card charges|611||611|504|
||21 199||21 199|21 996|
|Support costs:|||||
|Staff costs - support|16,583||16,583|23,730|
|Staff training||||419|
|Sale ofait costs||||846|
|Dresser and other materials costs|4,991||4,991|4,876|
|Catering costs|233||233|353|
|Marketing
and advertising|810||810|99|
|Consultancy|1,561||1,561|8,900|
|Printing
and artwork|||||
|Exhibitions costs|4,222||4,222|6,558|
|Travel|496||496|260|
|Heat, light and deaning|7,952||7,952|4,189|
|Repairs and renewals|1,786||1,786|3,810|
|General offce costs|3,920||3,920|4,893|
|Rates, insurance
and licsncss|3,395||3,395|3,035|
|Other charitable
expenditure|20||20||
|Accountancy|||||
|Bank and card charges|1,425||1,425|1,178|
|Depreciation
of buildings|700|9,460|10,160|10,160|
|Depreciation
of fixtures and fittings|2,693|23|2,716|2,482|
|Depreciation
of website|||||
|Loss/(profit)
on disposal offixed asset|144||144|178|
||49939|9483|59422|75 966|
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|12|Net income/expenditure
forthe year|Net income/expenditure
forthe year||||
|---|---|---|---|---|---|
|||||2023f|2022f|
||The percentage
of income accruing outside the United||Kingdom was|||
||The net income/expenditure
for the|year is stated after charging:||||
||Depreciation
of owned fixed assets|||12,876|12,642|
||Independent
Examiner: independent|Examination||850|850|
||See note 20 fordetails ofexpenses paid to trustees or||persons connected|with them.||
|13|Staffcosts and emoluments|||||
|||||2023
f|2022f|
||Gross Salaries: staff|||81,786|76,092|
||Employer's
National
Insurance||||204|
||Employer's
pension
contnTiutions|||1 129|1 927|
|||||52915|77 323|
||Numbers
of full time employees
or full|time equivalents||2023|2022|
||Engaged
on charitable
activities|||||
||Engaged
on fundraising
activities|||||
||Engaged
on management
and administration|||||
|||||4|4|
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|||||||||Freehold|Freehold|Fixtures|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Land|and|and|||
|||||||||buildings||equipment|Webs its|Total|
||||||||||6|8|||
|Asset cost, valuation|||or|revalued|||amount||||||
|At 1 April 2022||||||||538,007||105,212|15,456|658,675|
|Additions||||||||||2,140||2,140|
|Disposals||||||||||953||953|
|At 31 March 2023||||||||538|007|106399|15456|659862|
|Accumulated
depreciation|||||and impairment
provisions||||||||
|At 1 April 2022||||||||71,120||95,719|15,456|182,295|
|Charge for the year||||||||10,160||2,716||12,876|
|Eliminated
on disposals||||||||||809||809|
|At 31 March 2023||||||||81|280|97626|15456|194362|
|Net book value|||||||||||||
|At 31 March 2023||||||||456|727|8 773||465 50D|
|At 31 Maich 2022||||||||466|887|9 493||476 380|
|Alf assets are used|for||direct||charitable|||purposes|and there are no inalienable||or heritage|assets.|
|The fixed asset addifions||||in|the|year can be further analysed:|||||||
|||||||||Freehold||Fixtures|||
|||||||||Land|and|and|||
|||||||||bugdings||equipment|Websiia|Total|
||||||||||6|8||6|
|Restricted funds:|||||||||||||
|Funded
by grants|||||||||||||
|Funded
by restricted||donations|||||||||||
|Unrestricted
funds:|||||||||||||
|Funded
by designated|||fund||||||||||
|Funded
by general|unrestricted|||||funds||||2 140||2 140|
|||||||||||2 14D||2 140|
|Total additions
in the||year||||||||2 140||2 140|
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|15|Stock||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||2023|2022|
||||||||||||||||6|6|
||Goods held for sale||||||||||||||||
|16|Debtors||||||||||||||||
||||||||||||||||2023f|2022
6|
||Trade debtors||||||||||||||1,253|4,522|
||Other Debtors||||||||||||||468|161|
||Prepaid expenses||||||||||||||1,649|1,428|
||Accrued income||||||||||||||405||
||||||||||||||||3775|3 111|
|17|Creditors: amounts||falling due within one year||||||||||||||
||||||||||||||||2023|2022|
||||||||||||||||r9|6|
||Trade creditors||||||||||||||836|1,308|
||Accrued expenses||||||||||||||4,988|5,738|
||Deferred income||||||||||||||2,194|424|
||Taxatton and social security||||||||||||||576|544|
||Other creditors||||||||||||||244|244|
||||||||||||||||8838|8258|
|18|Expendable
restricted||||fund/deferred||income||||||||||
||||||||At|1 April||Received||||Amortisation||At 31 March|
|||||||||2022||in|the year|||charge||2023|
||||||||||6||||E||6||
||Capital grants:||||||||||||||||
||Summerfleld
Charitable|||Trust||||25,800|||||||600|25,200|
||Gloucestershira
Environmental|||||Trust||28,645|||||||666|27,979|
||Arts Council England||||||185,885||||||||4,323|181,562|
||Revenue grants:||||||||||||||||
||Piano bursary|||||||4,455|||||||975|3,480|
||Create Gloucestershire||"Offwe go"|||||||||11 500|||8993|2 507|
||||||||244 785|||||11500||15557||240 728|
||Grants ofa capital|nature|||were received||in the year ended||||31 Mamh 2016. They have|||||been induded|
||in the balance sheet as|||defened
income|||and|are|being|written||offover the Ne ofthe assets to which|||||
||the grants relate.|Amortisation||||ofthe grants||has been||calculated|||at 2'/0, wrltting||off the|grants over a|
||period of50 years,|matching||||the depreciation||ofthe building|||works.||||||
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|Movement|s
in and an|aly|sis|ofFund|s|||||
|---|---|---|---|---|---|---|---|---|---|
||||||At 1 April|Incoming||Outgoing|At 31 March|
||||||2022|resources||resources|2023|
||||||E|E|||E|
|Unrestricted|Funds||||107,418|163,175|-|150,399|120,194|
|Restricted|Funds||||114,995|||2,695|112,300|
|Expendable|restdcted/defened|||inconx|244,785|11,500|-|15,556|240,729|
|Endowment|Funds||||81600|||1 200|50400|
|TotalFunds|||||548 798|174675|—|169850|553 623|
|Unrestricted|funds included||above can be further analysed as:|||||||
|||||||General|Designated||Total|
|||||||unrestricted||funds|unrestricted|
|||||||E||E|E|
|Income||||||163,175|||163,175|
|Expenditure||||||149634||765|150 3119|
|Net income/|expenditure|in|the|year||13,541||765|12,776|
|Funds broughtfonvard||||||76,948||30,470|107,418|
|Funds carried forward||||||90489||29705|120 194|
|Restricted
fu|nds|can be|further an|alysed|as:|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||SOFA||
||||||At 1 April|Grants||Net incomel|At 31 March|
||||||2022
E|received
E||expendituref|2023
E|
|Restricted Funds||||||||||
|National
Lottery Project|||||69,664|||1,640|68,024|
|Donation
funded||2015/1 6 build works|||45 331|||1 D55|44 276|
||||||114995|||2695|11230D|
|Expendable|restricted/deferred|||income||||||
|Grant funded|2015/16||build works||240,330|||5,588|234,742|
|Piano bursary|||||4,455|||975|3,480|
|Create Gloucestershire|||"Offwe go"|||11500|-|8 993|2507|
||||||244 785|11 50D|-|15556|24D 729|
|Endowment|Funds|||||||||
|Bethesda Chapel|||||81 600|||1 200|80400|
##
|Restricted funds included|in the Statement of Financial|in the Statement of Financial|in the Statement of Financial|in the Statement of Financial|Activities:|Activities:||||
|---|---|---|---|---|---|---|---|---|---|
|||Donations
and legacies||Other|income|Expenditure|||Net income/
expenditure|
||||6||||||E|
|National
Lottery Prelect||||||||||
|Depreciation
of buildings||||||1,617||||
|Depredation
offixtures and fittings|||||||23|||
|||||||1|640|—|1 64D|
|Grant funded 2015/16 build works||||||||||
|Capital grant amortisatlon|||||5,588|||||
|Depreciation
of buildings||||||5|588|||
||||||5588|5|588|||
|Donation funded 2015/16 build works||||||||||
|Depreciation
of buildings||||||1|D55|||
|||||||1|D55|-|1 D55|
|Expendable
restricted/deferred|income: piano bursary|||||||||
|Revenue
grant amortisation|||||975|||||
|Piano bursary costs|||||||975|||
||||||975||975|||
|Expendable
restricted/deferred|income: "Off we go"|||||||||
|Revenue
grant received|||||8,993|||||
|"Offwe go"expenses||||||8|993|||
||||||8993|8|993|||
|Total of all restricted
funds||||15556||18|251|—|2 695|
|Restricted endowment
funds|included|In the|Statement ofRnanclal|||Acuvities:||||
|||Donations
and legacies|Other income|Expenditure||Net income/
expenditure|
|---|---|---|---|---|---|---|
|||6|E|6||6|
|Endowment|fund||||||
|Depreciation|of buildings|||1 20D|—|1 2DD|
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|Council ofManagement/Directors|||||
|---|---|---|---|---|
|Ths following
member ofthe Council of|Management/Directors||has been paid mmuneration|or received|
|any other benefits from an employment:|||||
||||2023|2022|
|Bethan Marriott|||||
|Member ofthe Council of Management|from|21 February 2022 to|||
|16January 2023|||||
|Transaction:
gross salary paid for employment||April 2021 to June 2021||3,939|