OpenCharities

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

2023-03-31-accounts

Digitally Signed Document Document ID: F04CF0416685AD

Document Details:

Filename: Jackdaws Educational Trust - 2023
Accounts.PDF
Client of: Probusiness

Signature Details

Name: Katharine Meadows
Email: katharineameadows@yahoo.co.uk
Date & Time: 28/11/2023 14:10:48 PM (GMT)
IP Address: 86.148.96.116
Signing Statement: Katharine Meadows confirms that the
information is correct and complete to the best of
their knowledge and belief.

Digital Certificate

The approved PDF file has been digitally certified. Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.

On behalf of: Probusiness
PDF digital certificate: IRIS Software Group Limited
Digital certificate issued by: GlobalSign

Please keep a copy of this document for your records.

REGISTERED COMPANY NUMBER: 02920267 (England and Wales) REGISTERED CHARITY NUMBER: 1037073

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Jackdaws Educational Trust

Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BA5 2PQ

Jackdaws Educational Trust

Contents of the Financial Statements for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 17
Detailed Statement of Financial Activities 18 to 19

Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)

OBJECTIVES AND ACTIVITIES

Objectives and Activities

Core Values - Access, Inclusion and Inspiration. Mission Statement - To enable creative expression - by Bringing Music to Life.

Jackdaws is dedicated to improving and extending participation in and the enjoyment of music and the arts, through active, innovative projects, believing that this can positively change people's lives.

Page 1

Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES Significant activities WEEKEND MUSIC COURSES

Throughout 2022/23, Jackdaws offered a full programme of weekend music courses for adult amateur and professional musicians at every level of attainment. The weekends featured courses for pianists, singers, string and wind players, together with some ensemble courses, with some eminent course leaders from across the industry. In total Jackdaws offered 49 courses during the year. They attracted enthusiastic participants both young and old, new and regular participants at Jackdaws. The overwhelming feedback from participants praised the quality of the courses and the supportive atmosphere at Jackdaws as well as the beautiful location and the fantastic food.

EDUCATION AND OUTREACH PROGRAMME

In addition to the year-round programme for adult musicians, Jackdaws ran a wide-ranging roster of educational and outreach events for young people throughout Somerset. Jackdaws is a lead partner for Sound Foundation Somerset, the Somerset music hub and specialises in running large scale projects to inspire children and young people, through the opportunity of performing with talented young professionals in art forms that may be new to them such as opera The full programme of projects took place this year involving over 3000 young Somerset residents.

Opera Plus

April 2022

Opera Plus is a project designed to introduce children to opera and it is often their first experience of the art form. Directed by Jackdaws' Artistic Director, Saffron Van Zwanenberg, the company of young professional singers plus a pianist create a production of a well known opera. They then run workshops in schools about the work and rehearse the children in their role which they perform as part of a performance for parents later in the term.

This year's production was the Barber of Seville, renamed The Stylist of Somerset and 600 children took part in 5 performances. The project was funded by the Arts Council, the Somerset Music Hub, Sedgemoor Town Council and Crewkerne Parish Council

Picnic and Perform

June 2022

A small scale project that gives our local schools in Frome and surrounding villages, the chance to come together for a picnic in the Jackdaws garden at the end of the Summer Term and to share performances of some of the music they have been playing during the school year. This year 100 children enjoyed their morning in the garden at Jackdaws.

Song Story

July 2022

Song Story is a project for Somerset SEND schools and a team of director, musician and singer/actor work with the schools to develop and perform a work for their fellow school pupils and parents. This year's project involved 4 schools and was based on The Planets by Holst. It was funded by the Somerset Music Hub.

Summer Production

August 2022

Page 2

Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2023

OBJECTIVES AND ACTIVITIES

The Summer Production is a week-long project for teenagers at the start of the summer holidays, offering them the chance to work with a director, musician and designer to create a show from scratch which they perform on the Friday. They are given a choice of works by a range of authors, designers and composers and they then choose three whose work they use as the basis of the production. This year the group chose to perform The Labours of Hercules, with design inspired by Yayoi Kusama and music inspired by Sibelius.

Year of Klezmer

March 2023

Following a highly successful project with schools in the Frome area in 2022, The Hop-Skotschne Trio returned in March 2023 in answer to popular demand and celebrated Klezmer music with 13 new schools in the Chard and Crewkerne areas of Somerset. The trio gave performances to school assemblies where they gave insights into playing Klezmer and its history as well as their individual instruments (violin, clarinet and accordian) and playing as a trio. In each school they also led a workshop with those pupils who were learning an instrument and in many cases the children joined the trio to perform Klezmer in a concert for parents . There were two large scale concerts at Holyrood Academy in Chard.

Jacks Music Club

Year Round

Jackdaws' weekly music club for teenagers meets every Friday during term time and participants have the opportunity to work with a wide variety of local tutors and also with those tutors visiting Jackdaws to lead the weekend music courses. The weekly sessions encourage ensemble playing in an informal and social setting.

FINANCIAL REVIEW

Financial position

In common with most Arts organisations, Jackdaws treads a fine line to survive financially and this year we had a deficit which was offset by a surplus in the previous year. We aim to keep the fees for our music courses to an affordable level in order to support as wide a range of participants as possible and in the case of hardship, we try to offer discretionary bursaries. We are very grateful to a number of supporters who donate to Jackdaws regularly as either Friends, Patrons or with donations, which helps Jackdaws to do this. All the educational work with young people this year was dependent on grants from the Somerset Music Hub, the Arts Council, Sedgemore District Council, Mendip District Council, Frome Town Council and Crewkerne Town Council as well as donations from the Austin Hope Pilkington Trust and a Trust that wishes to remain anonymous. We are very grateful for this support

Investment policy and objectives

The trustees consult with the professional advisors of the Trust where appropriate to ensure maximum growth in capital on any investments, which the trust holds.

Reserves policy

The trustees are aiming towards retaining reserves which will underwrite the operation of Jackdaws for six months.

The Trust continued to run courses in the year from Jackdaws. It plans to run further such courses during the forthcoming year.

Page 3

Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees submit their report for the year ended 31 March 2023. This report is prepared in accordance with the Trust Deed and the recommendation of the Statement of Recommended Practice 2005 - Accounting and reporting by charities and complies with the applicable law.

Jackdaws was incorporated as a limited company on 19 April 1994

It is governed by a trust deed. Jackdaws is governed by a Board of Trustees (Currently 6 in number) to whom the Artistic Director and Development Manager report on a regular basis at Trustee meetings which are held at Jackdaws at least twice a year and more frequently if required. The Trustees take advice from professionals and other advisers when required.

Recruitment and appointment of new trustees

The board of trustees appoints new trustees as appropriate. New trustees receive induction and training for their role by meeting with the Chairman, current trustees, senior staff and Jackdaws' accountant who advises on the role of the trustees and legal requirements.

Risk management

The trustees have assessed the major risks to which the charity is exposed, in particular to those related to the operations and finance of the Trust and are satisfied that systems are in place to mitigate our exposure to major risk.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02920267 (England and Wales)

Registered Charity number

1037073

Registered office

Jackdaws Great Elm Frome Somerset BA11 3NY

Trustees

A Burgess D M Hunter N Kirkman R Mannion (resigned 25.11.22) M P Tanner E Talman

Company Secretary

K Meadows

Page 4

Jackdaws Educational Trust

Report of the Trustees for the Year Ended 31 March 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Martin Bowe Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BA5 2PQ

Bankers

HSBC 24 Market Place Frome Somerset BA11 1AJ

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

....................................................................... D M Hunter - Trustee

Page 5

Independent Examiner's Report to the Trustees of Jackdaws Educational Trust

Independent examiner's report to the trustees of Jackdaws Educational Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Martin Bowe

Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BA5 2PQ

Date: .............................................

Page 6

Jackdaws Educational Trust

Statement of Financial Activities for the Year Ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations, Legacies and Grants
2
22,114
Charitable activities
Courses
105,086
Concerts and Events
-
Outreach Ticket Sales
-
Maureen Lehane Vocal Awards
-
Investment income
3
9,266
Other income
-
Total
136,466
EXPENDITURE ON
Charitable activities
Concerts and Events
-
Maureen Lehane Vocal Awards
-
Courses
67,567
Wages
26,772
Other
51,079
Total
145,418
NET INCOME/(EXPENDITURE)
(8,952)
RECONCILIATION OF FUNDS
Total funds brought forward
130,593
TOTAL FUNDS CARRIED FORWARD
121,641		 Restricted
fund
£
3,300
-
50,619
2,717
-
-
-
56,636
33,494
-
-
14,416
18,758
66,668
(10,032)
379,956
369,924		 31.3.23
Total
funds
£
25,414
105,086
50,619
2,717
-
9,266
-
193,102
33,494
-
67,567
41,188
69,837
212,086
(18,984)
510,549
491,565		 31.3.22
Total
funds
£
65,692
90,494
59,114
-
1,125
9,181
3,679
229,285
35,391
6,147
53,272
43,299
62,713
200,822
28,463
482,086
510,549

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 7

Jackdaws Educational Trust

Balance Sheet 31 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
9
135,989
CURRENT ASSETS
Debtors
10
85,866
Cash at bank
23,826
109,692
CREDITORS
Amounts falling due within one year
11
(29,396)
NET CURRENT ASSETS
80,296
TOTAL ASSETS LESS CURRENT
LIABILITIES
216,285
CREDITORS
Amounts falling due after more than one year
12
(94,644)
NET ASSETS
121,641
FUNDS
14
Unrestricted funds:
General fund
Property Repairs and Maintenance
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
82,603
291,210
32,861
324,071
(36,750)
287,321
369,924
-
369,924		 31.3.23
Total
funds
£
218,592
377,076
56,687
433,763
(66,146)
367,617
586,209
(94,644)
491,565
101,641
20,000
121,641
369,924
491,565		 31.3.22
Total
funds
£
229,746
372,812
68,009
440,821
(60,974)
379,847
609,593
(99,044)
510,549
110,593
20,000
130,593
379,956
510,549

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

Page 8

Jackdaws Educational Trust

Balance Sheet - continued 31 March 2023

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

.............................................

D M Hunter - Trustee

The notes form part of these financial statements

Page 9

Jackdaws Educational Trust

Notes to the Financial Statements for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, other are apportioned on an appropriate basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

-15% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 10

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

2. DONATIONS, LEGACIES AND GRANTS

31.3.23 31.3.22
£ £
Friends Subscriptions 6,790 7,670
Donations 976 2,648
Grant Income 17,648 55,374
25,414 65,692
3. INVESTMENT INCOME
31.3.23 31.3.22
£ £
Deposit account interest 88 3
Loan Interest 9,178 9,178
9,266 9,181
4. SUPPORT COSTS
Information Governance
Management technology Premises costs Totals
£ £ £ £ £
Other resources expended 33,695 14,469 13,654 3,078 64,896
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.23 31.3.22
£ £
Depreciation - owned assets 11,154 11,199

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022

continued...

Page 11

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

6. TRUSTEES' REMUNERATION AND BENEFITS - continued

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

7. STAFF COSTS

The average monthly number of employees during the year was:- 31/03/23 31/03/22 3 3

No employees received emoluments in excess of £60,000.

8.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations, Legacies and Grants
60,792
Charitable activities
Courses
90,494
Concerts and Events
-
Maureen Lehane Vocal Awards
-
Investment income
9,181
Other income
3,679
Total
164,146
EXPENDITURE ON
Charitable activities
Concerts and Events
-
Maureen Lehane Vocal Awards
-
Courses
53,272
Wages
28,144
Other
45,717
Total
127,133
NET INCOME/(EXPENDITURE)
37,013
RECONCILIATION OF FUNDS
Total funds brought forward
93,580		 Restricted
fund
£
4,900
-
59,114
1,125
-
-
65,139
35,391
6,147
-
15,155
16,996
73,689
(8,550)
388,506		 Total
funds
£
65,692
90,494
59,114
1,125
9,181
3,679
229,285
35,391
6,147
53,272
43,299
62,713
200,822
28,463
482,086

continued...

Page 12

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
TOTAL FUNDS CARRIED FORWARD
9.
TANGIBLE FIXED ASSETS
COST
At 1 April 2022 and 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
10.
DEBTORS
Amounts falling due within one year:
Other debtors
Amounts falling due after more than one year:
Jackdaws (Coach House) Limited
Aggregate amounts		 ACTIVITIES -
Unrestricted
funds
£
130,593
Freehold
property
£
268,830
41,593
10,753
52,346
216,484
227,237		 continued
Restricted
fund
£
379,956
Fixtures
and
fittings
£
31,110
28,601
401
29,002
2,108
2,509
31.3.23
£
2,637
374,439
377,076		 Total
funds
£
510,549
Totals
£
299,940
70,194
11,154
81,348
218,592
229,746
31.3.22
£
7,551
365,261
372,812		 Total
funds
£
510,549

The debtor relates to money owed by Jackdaws (Coach House) Limited in relation to The Coach House building.

continued...

Page 13

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Bank loans and overdrafts (see note 13) 8,540 8,540
Social security and other taxes 761 874
Accrued expenses 9,095 1,710
Deferred Income 47,750 49,850
66,146 60,974
12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£ £
Bank loans (see note 13) 94,644 99,044
13. LOANS
An analysis of the maturity of loans is given below:
31.3.23 31.3.22
£ £
Amounts falling due within one year on demand:
Bank loans 8,540 8,540
Amounts falling between one and two years:
Bank loans - 1-2 years 8,540 8,540
Amounts falling due between two and five years:
Bank loans - 2-5 years 25,620 25,620
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal 60,484 64,884

continued...

Page 14

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Property Repairs and Maintenance
Restricted funds
Restricted Fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Property Repairs and Maintenance
Restricted funds
Restricted Fund
TOTAL FUNDS		 At 1.4.22
£
110,593
20,000
130,593
379,956
510,549
Incoming
resources
£
136,466
56,636
193,102
At 1.4.21
£
73,580
20,000
93,580
388,506
482,086		 Net
movement
At
in funds
31.3.23
£
£
(8,952)
101,641
-
20,000
(8,952)
121,641
(10,032)
369,924
(18,984)
491,565
Resources
Movement
expended
in funds
£
£
(145,418)
(8,952)
(66,668)
(10,032)
(212,086)
(18,984)
Net
movement
At
in funds
31.3.22
£
£
37,013
110,593
-
20,000
37,013
130,593
(8,550)
379,956
28,463
510,549

Page 15

continued...

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
164,146
65,139
229,285		 Resources
Movement
expended
in funds
£
£
(127,133)
37,013
(73,689)
(8,550)
(200,822)
28,463

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Property Repairs and Maintenance
Restricted funds
Restricted Fund
TOTAL FUNDS		 At 1.4.21
£
73,580
20,000
93,580
388,506
482,086		 Net
movement
in funds
£
28,061
-
28,061
(18,582)
9,479		 At
31.3.23
£
101,641
20,000
121,641
369,924
491,565

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
300,612
121,775
422,387		 Resources
Movement
expended
in funds
£
£
(272,551)
28,061
(140,357)
(18,582)
(412,908)
9,479

Page 16

continued...

Jackdaws Educational Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

16. ULTIMATE CONTROLLING PARTY

The charity is controlled by the trustees.

Page 17

Jackdaws Educational Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

31.3.23 31.3.22
£ £
INCOME AND ENDOWMENTS
Donations, Legacies and Grants
Friends Subscriptions 6,790 7,670
Donations 976 2,648
Grant Income 17,648 55,374
25,414 65,692
Investment income
Deposit account interest 88 3
Loan Interest 9,178 9,178
9,266 9,181
Charitable activities
Concerts and Events 50,619 59,114
Outreach Ticket Sales 2,717 -
Maureen Lehane Vocal Awards - 1,125
Courses 105,086 90,494
158,422 150,733
Other income
COVID19 Grant Income - 3,679
Total incoming resources 193,102 229,285
EXPENDITURE
Charitable activities
Wages 41,188 43,299
Courses 64,329 47,363
Maureen Lehane Vocal Awards - 6,147
Concerts and Events 33,494 35,391
Refunds 3,238 5,909
142,249 138,109
Other
Bank loan interest 4,941 3,873
Support costs

This page does not form part of the statutory financial statements

Page 18

Jackdaws Educational Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

for the Year Ended 31 March 2023
31.3.23 31.3.22
£ £
Support costs
Management
Wages 10,297 10,825
Pensions 1,545 1,624
Insurance 9,559 7,732
Light and heat 5,441 4,116
Telephone 1,495 1,196
Printing, postage & Stationery 290 224
Travel and Subsistence 1,885 673
Bank interest 3,183 2,492
33,695 28,882
Information technology
Marketing 5,803 6,510
Repairs and renewals 6,243 3,822
Donations 216 216
Computer Costs 2,207 2,665
14,469 13,213
Premises
Rent and Rates 2,500 2,764
Depreciation of tangible fixed assets 11,154 11,199
13,654 13,963
Governance costs
Accountancy and legal fees 3,078 2,782
Total resources expended 212,086 200,822
Net (expenditure)/income (18,984) 28,463

This page does not form part of the statutory financial statements

Page 19