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2022-04-05-accounts

Contents
Page
Legs!and administrative
information
Trustees'
report
Statement
ofthe responsibilities
ofthe Trustees
Independent
Examiner's
report
to the Trustees
Statement
of financial
activities
Salance sheet
Notes to the financial
statements
8-12

Un- Un-
restricted restricted
2022 2021
Notes 2
Income from: 2
Charitable
actwities
3,060 2,366
investments 25,445 20,802
Total income 28,505 23,168
Expenditure
on:
Raising funds
Charitable
activities
9,074
37,297
8,537
18,602
Total expenditure 46,371 27,139
Net (expenditure) before investment (losses)/gains (17,866) (3,971)
Net (losses)/gains on investrhehts (1,783) 232,417
Net (expenditure)/income (19,649) 228,446
Transfers between funds 4.444
Net movement
in
funds (19,649) 232,890
Funds brought
forward
1,122,749 889,853
Funds carried forward 1,103,100 1,122,749

2022 2021
Notes
Fixed Assets
Investments 1,088,575 1,114,438
Current assets
Debtors
&prepayments
10 3,452 973
Cash at bank and in hand 15,009 14,107
18,461 15,080
Creditors: amounts fatling
due within one year
Creditors
&accruals
1t 3,936 6,769
Net current assets 14,525 8,311
Net assets 1,103,100 1,122,749
Funds
Unrestricted
funds
1,103,100 1,122,749
1,103,100 1,122,749

2. Income (Ijnre stricted
Funds)
2022 2021
8
Income
Royalties 1,664 2,366
Donations 1,396
3,060 2,366
Income from investments
Dividend
and interest received
25,445 20,802
Total income 28,505 23,168
3. Expenditure on Raising Funds
2022 2021
2
Investment
management
9,074 8,537
4. Charitable
expenditure
2022 2021
V.
Grants
New Commissions 2,000 500
Performances 8,250 1,000
Recordings 9,025 4,795
Publications 3,000 8.240
institutions 11,971 1,250
Other 242 746
Support costs 2,809 2,071
37,297 18,602
5. Supportcosts
2022 2021
Total Total
2
Support costs include:
Trustees'
expenses
1,009 271
Governance costs —independent examiners fee 1,800 1,800
2,809 2,071

8. Net (Losses)/Gains
on
Investments 2022 2021
Gains on disposal
of investments
17,325 50,161
Year-end
revaluation
(losses)/gains
(19,108) 182,256
(1,783) 232,417
9. Fixed Asset Investments 2022 2021
Market Value at 6 April 1,114,438 849,312
Additions 75,173 221,554
Disposals (96,167) (145,987)
Revaluation
(losses)/gains
(19,108) 182,256
Transfer 1,733
Change
in cash held
14,239 (34,986)
1,088,575 1,114,438
Analysis
of investments
at market value:
UK equities
&equity funds
625,356 667,736
Global equities
8 equity
funds (Inc UK) 140,797 151,873
Fixed interest
&fixed mterest funds
113,108 122,166
Other assets 99,906 84,958
Property
Funds
48,573 41,048
Global equities
&equity
funds (exc UK) 4 I,026 41,087
Cash held for investment purposes 19,809 5,570
1,088,575 1,114,438
Historical cost at 5 April 853,048 859,614

10. Debtors and prepayments Debtors and prepayments Debtors and prepayments 2022 2021
2
Other debtors (falling due within one year) 3,452 973
3,452 973
11. Creditors: amounts falling due
within one year 2022 202 I
2 2
Other creditors 1,000
Accru ala 3,936 5,769
3.936 6,769