2021-12-31-accounts - Wise Music Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

7).Grants to inst	itutions in excess of55,000 we	re made as follows:
Institution Medicine Sans Frontiers East Anglia Children's Hospices St.Nicholas Hospice Care LIFEM	No ofdonations 2 2 I	5,000 5,000 5,000
Westminster Synagogue Other under 55,000 Total	I I 73 80	5,000 5,000 130,083 165,083

FIXEDASSETS Social investments		Notes	Unrestricted fund	Restricted fund	31.12.21 Total funds 5	31.12.20 Total funds 5
CURRENT ASSETS				249,000	249,000	249,000
Cash at bank
CREDITORS			5,279		5,279	69,758
Amounts falling due within	one year	8	(31,200)		(31,200)	(30,600)
NET CURRENT ASSETS/(LIABILITIES)			~25 921)		~25 921)	39 158
TOTAL ASSETSLESSCURRENT LIABII.ITIES
			(25,921)	249,000	223,079	288,158
NET ASSETS
			~25 921)	249000	223 079	288 158
FUNDS
Unrestricted funds;
General fund
Restricted funds: Restricted fund					(25,921)	39,158
TOTAL FUNDS					249,000	249,000
					223 079	288 158

	GRANTS PAYABLE
			31.12.21	31.12.20
	Grants and donations		165083	66 327
	The total grants paid to institutions	during the year was as follows:
			31.12.21	31.12.20
	General Educations 8r training Medical, health dr sickness Disability Overseas and famine relief Religion Art &culture		76,714 6,300 7,550 37,419 4,000 11,000 22,100	42,922 1,000 1,500 4,000 (2,000) 10,000 8,905
			165,083	66,327
4.	SUPPORT COSTS
				Governance
				costs
	Other resources expended			2,400

There were no trustees' expenses paid for the year ended 31 December2021 31 December 2020.	There were no trustees' expenses paid for the year ended 31 December2021 31 December 2020.	There were no trustees' expenses paid for the year ended 31 December2021 31 December 2020.	nor for the	year ende
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	fund	funds
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies	93,390		93,390
EXPENDITURE ON
Charitable	activities
Grants and	donations	66,327		66,327
Other		2400		2,400
Total		68,727		68,727
NET INCOME		24,663		24,663

for	the Year Ended 31 Decem	ber 2021	ber 2021	ber 2021	ber 2021	ber 2021
6.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
				Unrestricted		Restricted	Total
					fund	fund	funds
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			14,495	249,000	263,495
	TOTAL FUNDS CARRIED		FORWARD		39,158	249000	288 158
7.	SOCIAL INVESTMENTS
							Other
							investments
	MARKET VALUE						6
	At 1 January 2021 and	31 December 2021					249,000
	NET BOOK VALUE
	At 31 December 2021
							249000
	At 31 December 2020
							249.000
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE			YEAR
						31.12.21	31.12.20
	Other creditors					f.
						31,200	30,600
9.	MOVEMENT IN FUNDS
						Net
						movement	At
				At	1.1.21	in funds	31.12.21
	Unrestricted funds					f.
	General fund			39,158		(65,079)	(25,921)
	Restricted funds
	Restricted fund			249,000			249,000
	TOTALFUNDS			288,158		~65,079)	223 079
	Net movement in funds,	included	in the above are as follows:
				Incoming		Resources	Movement
				resources		expended	in funds
	Unrestricted funds
	General fund			102,404		(167,483)	(65,079)
	TOTAL FUNDS			102	404	~167,483)	~65 079)

Detailed Statement ofFinancial	Activities
for the Year Ended 31 December	2021
		31.12.21	31.12.20
INCOME AND ENDOWMENTS
Donations and legacies
Donations		102404	93,390
Total incoming resources		102,404	93,390
EXPENDITURE
Charitable activities
Grants to institutions		165,083	66,327
Support costs
Governance costs
Accountancy and legal fees		2,400	2,400
Total resources expended		167,483	68,727
Net (expenditure)/income		~65,079)	24,663