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2023-08-31-accounts
|
|
|
|
|
Unrestricted |
Total |
Tota/ |
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
2023 |
2023 |
2022 |
|
|
|
|
Note |
|
|
|
| Income from: |
|
|
|
|
|
|
|
Donations
and legacies |
|
|
|
|
250,888 |
250,888 |
163,115 |
| Investments |
|
|
|
|
131+21 |
131,921 |
88,990 |
| Total Income |
|
|
|
|
382,80S |
382&809 |
252,105 |
Expenditure
on: |
|
|
|
|
|
|
|
Charitable
activities |
|
|
|
|
398,677 |
398,677 |
400,463 |
| Total expenditure |
|
|
|
|
398,677 |
398,677 |
400,463 |
| Net expenditure |
before net gains/(losses) |
|
on |
|
|
|
|
| Investments |
|
|
|
|
(15,868) |
(15,868) |
(148,358) |
| Net gains/(losses) |
|
on investments |
|
|
156,119 |
156,119 |
(171,809) |
Net movement
in |
|
funds |
|
|
140,251 |
140,251 |
(320,167) |
Reconciliation
of |
|
funds: |
|
|
|
|
|
| Total funds brought |
|
forward |
|
|
8,755,966 |
8,755,S66 |
9,076,133 |
Net movement
in |
funds |
|
|
|
140+51 |
140451 |
(320,167) |
| Total funds carried forward |
|
|
|
|
8,8S6,217 |
8,896,217 |
8,755,966 |
|
|
|
|
SALANCE |
SHEET |
|
|
|
|
|
|
|
AS AT31 AUGUST 2023 |
|
|
|
|
|
|
|
|
|
|
|
|
2022 |
|
|
|
|
Note |
|
|
|
|
| Fixed assets |
|
|
|
|
|
|
|
|
| Investments |
|
|
|
10 |
|
8„)33,736 |
|
8,724,706 |
|
|
|
|
|
|
8,933,736 |
|
8,724,706 |
| Current assets |
|
|
|
|
|
|
|
|
| Debtors |
|
|
|
|
94)195 |
|
97,098 |
|
| Cash at bank |
and in hand |
|
|
|
151,379 |
|
158,967 |
|
|
|
|
|
|
245,574 |
|
256,065 |
|
| Creditors: amounts |
|
falling |
due within one |
|
|
|
|
|
| year |
|
|
|
12 |
(283,094) |
|
(224,805) |
|
| Net current liabilities Iassets |
|
|
|
|
|
(37,520) |
|
31,260 |
| Total assets |
less |
current liabilities |
|
|
|
8,896)216 |
|
8,755,966 |
| Total net assets |
|
|
|
|
|
8,896,216 |
|
8,755,966 |
| Charltyfunds |
|
|
|
|
|
|
|
|
| Restricted funds |
|
|
|
14 |
|
|
|
|
| Unrestricted |
funds |
|
|
14 |
|
8,896,216 |
|
8,755,966 |
| Total funds |
|
|
|
|
|
8)896~6 |
|
8,755,966 |
| The financial |
statements |
|
were approved |
and authorised |
for issue by the |
Trustees on |
|
and |
| signed on their behalf by: |
|
|
|
|
|
|
|
|
| Mr Charles Alexander |
|
|
|
|
|
|
|
|
| Chairman |
|
|
|
|
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2023 |
2023 |
2022 |
| Donations |
|
|
|
|
| Felicity BeNeld |
Music Trust |
169,382 |
169,382 |
141,430 |
| Recital scheme |
fees |
9,200 |
9,200 |
9,000 |
| Other donations |
and similar income |
71,691 |
71,691 |
12,685 |
| Donations |
|
615 |
815 |
|
| Subtotal |
|
615 |
615 |
|
| Total 2023 |
|
250,888 |
250,888 |
163,115 |
| Total 2022 |
|
163,115 |
163,115 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
Dividends
received from UK listed investments |
69,179 |
69,1?9 |
44,313 |
| interest received from UK listed investments |
62,742 |
62,742 |
44,677 |
| Total 2023 |
131,921 |
131,921 |
88,990 |
| Total 2022 |
88,990 |
88,990 |
|
|
|
|
Grants to |
Grants to |
Total |
Total |
|
|
|
institutions |
lndlvlduals |
funds |
funds |
|
|
|
2023 |
2023 |
2023 |
2022 |
|
|
|
|
|
R |
|
| Grants to institutions |
|
|
11,005 |
|
11,005 |
7,500 |
| Advanced |
musical education |
grants |
|
268,000 |
268,000 |
219,120 |
| Stephen |
Oliver Award |
|
|
|
|
5,000 |
| Total 2023 |
|
|
11,005 |
268,000 |
279,005 |
231,620 |
| Total 2022 |
|
|
7,500 |
224,120 |
231,620 |
|
|
|
Activities |
Grant |
|
|
|
|
|
undertaken |
funding
of |
Support |
Total |
Total |
|
|
directly |
activities |
costs |
funds |
funds |
|
|
2023 |
2023 |
2023 |
2023 |
2022 |
|
|
R |
|
E |
|
|
| Advanced |
musical education |
54,816 |
11,005 |
64,857 |
130,678 |
176,343 |
| Advanced |
musical education |
|
|
|
|
|
| grants |
|
|
268,000 |
|
268s000 |
219,120 |
| Stephen |
Oliver Award |
|
|
|
|
5,000 |
| Total 2023 |
|
54,816 |
279,005 |
64,857 |
398,677 |
400,463 |
| Total 2022 |
|
52,358 |
231,620 |
116,485 |
400,463 |
|
|
|
All |
Total |
Total |
|
|
activities |
funds |
funds |
|
|
2023 |
2023 |
2022 |
|
|
R |
|
|
| Recital scheme |
|
45,020 |
45,020 |
40,390 |
| Audion expenses |
|
9,181 |
9,181 |
10,269 |
| Musical instrument |
insurance |
615 |
615 |
990 |
| Musical instrument |
repairs |
|
|
709 |
| Total 2023 |
|
54,816 |
54,816 |
52,358 |
| Total 2022 |
|
52,358 |
52,358 |
|
|
All |
Total |
Total |
|
activities |
funds |
funds |
|
2023 |
2023 |
2022 |
|
|
R |
|
| Staff costs |
50,870 |
50,870 |
48,598 |
| General expenses |
503 |
603 |
8,773 |
| Office costs |
430 |
430 |
1,537 |
| Communications |
745 |
745 |
1,163 |
| Computer costs |
6,665 |
6,665 |
48,924 |
| Postage |
152 |
152 |
209 |
| Rent |
|
|
500 |
| Insurance |
266 |
266 |
359 |
| Travel |
415 |
416 |
1,283 |
| Staff training |
388 |
388 |
|
| Accountancy |
2,580 |
2,580 |
2,460 |
| Legal and professional |
1,037 |
1,037 |
78 |
| Bank charges |
239 |
239 |
209 |
| Trustees' expenses reimbursed |
567 |
567 |
2,392 |
| Total 2023 |
64,857 |
64,857 |
116,485 |
| Total 2022 |
116,485 |
116,485 |
|
|
Listed |
|
investments |
| Cost or valuation |
|
| At 1 September 2022 |
8,031,783 |
| Additions |
2,759,941 |
| Disposals |
(2,597,890) |
| Revaluations |
739,901 |
| At 31 August 2023 |
8,933,736 |
| Net book value |
|
| At 31 August 2023 |
8,933,736 |
| At3f August 2022 |
8,031,7B3 |
| Stateme |
nt o |
ffunds - curren |
t year |
|
|
|
|
|
|
|
Balance at 1 |
|
|
|
Balance at |
|
|
|
September |
|
|
Gains/ |
31 August |
|
|
|
2022 |
Income |
Expenditure |
(Losses) |
2023 |
|
|
|
|
|
|
|
R |
| Unrestricted |
|
funds |
|
|
|
|
|
| General |
Funds - all funds |
|
e,use, gee |
3s2,&94 |
(39e,oe3& |
tee,tie |
e,ese,2ts |
|
|
Balance at |
|
|
|
Balance at |
|
|
1 September |
|
|
Gainsr |
31August |
|
|
2021 |
Income |
Expendituref |
(Losses) |
2022 |
| Unrestricted |
funds |
|
|
|
|
|
| General Funds |
|
9,076,133 |
252,105 |
(400,463) |
(171,809) |
8,755,966 |