2022-03-31-accounts

			Page
Index to the Financial		Statements
Charitable	company Information
Trustees'	Report		4-5
Statement	ofTrustees'	Responsibilities
Independent Auditor's		Report	7-9
Statement	of Financial	Activities	10
Statement	ofFinancial	Position
Statement	ofCash Flows		12
Accounting Policies			13-14
Notes to the Accounts			15-19

Status:				The Premises Music	Education			Programme	is a company	limited by guarantee		and a
				registered charity governed			by	its memorandum and articles ofassociation.			The directors
				ofthe charity are its	trustees		for the purposes		of charity law and throughout		this	report are
				collectively referred	to	as the trustees.
Charity name:				The Premises Music	Education			Programme
Company	registration		number:	3258356
				England &Wales
Charity registration		number:		1059205
Registered	office:			209 Hackney Road
				London
				E28JL
Operations	address:			209 Hackney Road
				London
				E2 8JL
Trustees who held office				Nicola Collins
during the	year:			Nimi Furtado
				Sidonie Winter
				Ted Bames
Senior Statutory Auditor:				Anthony Armstrong		FCA
				Armstrong &Co
				Chartered Accountants		&Stalulory Auditor
				4a Printing House Yard
				Hackney Road
				London E2 7PR
Bankers:				Bank ofScotland
				33Old Broad Street
				London
				EC2N 1Hz
				Triodos Bank
				Deanery Road
				Bristol
				Bsl 5AS

							2022	2021
					Unrestricted	Restricted	TotalFunds	TotalFunds
					Funds	Funds
				Notes	6
Income from:
Donations and legacies					55	4,493	4,548	1,926
Charitable activities					163,361		163,361	99,809
investments					68		68	55
Other income					5		5
Total income					163,489	4,493	167,982	101,790
Expenditure on:
Raising funds					1,500		1,500
Charitable activities					52,655	7,147	59,802	22,659
Total expenditure					54,155	7,147	61,302	22,659
Net income/(expenditure)		and movement	in funds		109,334	(2,654)	106,680	79,131
Reconciliation offunds:
Total funds brought	forward			15	600,945	344,576	945,521	866,390
Total funds carried	forward			15	710,279	341,922	1,052,201	945,521

			31 March	2022	31 March	2021
		Notes	6	6
Fixed assets:
Tangible assets				940,257		947,555
Total fixed assets				940,257		947,555
Current assets:
Debtors		10	5,525		6,792
Cash at bank and In	hand	11	312,040		242,393
Total current assets			317,565		249,185
Creditors: amounts	falling due within one year	12	124,672		126,898
Net current assets/(liabilities)				192,893		122,287
Total assets less current liabilities				1,133,150		1,069,842
Creditors: amounts year	falling due after more than one	13		80,949		124,321
Total net assets				1,052,201		945,521
The funds ofthe charity:
General funds		15		396,657		600,945
Designated funds		17		313,622
Restricted funds		18		341,922		344,576
Total charity funds		21		1,052,201		945,521

								Notes	2022	2021
									E	E
Cash flows from operating activities:
	Net cash provided by/(used in) operating		activities						69,579	125,496
Cash flows from investing activities:
	Dividends, interest and rents from investments								68	55
Net	cash provided by/(used in) investing		activities							55
Change in cash and cash equivalents		in the		reporting		period			69,647	125.551
Cash and cash equivalents atthe beginning				ofthe reporting			period		242,393	116,842
Cash and cash equivalents at the end		of	the	reporting		period			312,040	242,393
Notes to the Cash Flow Statement									2022	2021
									E
1)	Reconciliation ofnet income/(expenditure)				to net	cash flow from
	operating activities
	Net income/(expenditure) for the	reporting			period	(as per	the statement	offinancial
	activities)								106,680	79,131
	Adjustments for:
	Depreciation charges								7,298	7,298
	Dividends, interest and rents from investments								(68)	(55)
	(Increase)/decrease in debtors								1,267	10,038
	Increase/(decrease) in creditors								(45,598)	29,084
	Net cash provided by/(used in) operating				activities				69,579	125,496
									2022	2021
									E	E
2)	Analysis ofcash and cash equivalents
	Cash in hand								312,040	242,393
	Total cash and cash equivalents								312,040	242,393

Net Incoming resources	2022	2021
Nei incoming resources are staled after charging;		E
Auditors fees - audit services	1,300	1,300
Auditors fees - other services	1,200	1,200
Depreciation - owned assets	7,298	7,298

						2022	2021
Donations	and legacies			Unrestricted	Restricted	Total	Total
				E	E	E	E
Donations				55	4,493	4,548	1,926
				55	4,493	4,548	1,926
						2022	2021
Income from		charitable	activities	Unrestricted	Restricted	Total	Total
				E	E	E	E
Rental income				160,486		160,486	98,789
Jazz Piano	fees			2,875		2,875	985
Course fees							35
				163,361		163,361	99,809
						2022	2021
Income from		investments		Unrestricted	Restricted	Total	Total
				E	E	E	E
Bank interest		received		68		68	55
				68		68	55
						2022	2021
Other income				Unrestricted	Restricted	Total	Total
				E	E	E	E
Miscellaneous		income		5		5
						2022	2021
Expenditure		on raising funds		Unrestricted	Restricted	Total	Total
					E	E	E
Fundraising	fees			1,500		1,500
				1,500		1,500

				2022	2021
Expenditure on charitable	activities	Unrestricted	Restricted	Total	Total
		E	E	E	E
Donations made		1,700	4,493	6,193	1,200
Charity administration		15,995		15,995
Charity management		10,359		10,359	5,728
Musicians and course tutors		3,165		3,165
Hire &equipment		1,376		1,376
Advertising		300		300
Repairs &maintenance		6,022		6,022	1,880
Legal fees		3,059		3,059	567
Bank charges		203		203	144
Loan interest		2,832		2,832	3,342
Auditors fees - audit services		1,300		1,300	1,300
Auditors fees - other services		1,200		1,200	1,200
Bookkeeping		500		500
Depreciation -Buildings		4,644	2,654	7,298	7,298
		52,655	7,147	59,802	22,659
Tangible Axed assets		Land &	Funiture 8	ONce
		buildings	fixtures	equipment	Total
		E	E	E	E
Cost
As at 1 April 2021		1,014,888	25,922	6,065	1,046,875
As at 31 March 2022		1,014,888	25,922	6,065	1,046,875
Depreciation
As at 1 April 2021		67,333	25,922	6,065	99,320
Charge for the year		7,298			7,298
As at 31 March 2022		74,631	25,922	6,065	106,618
Net book value
As at 31 March 2022		940,257			940,257
As at 31 March 2021		947,555			947,555

Operating debtors
Bank and cash in hand
Bank current account 2
Bank current account 4
Bank current account 7
Bank current account 8
Cash account

2022	2021
E
5,525	6,792
5,525	6,792
2022	2021
E	E
58,684	84,803
228,568	136,760
2,411	3,313
22,032	17,172
345	345
312,040	242,393

14	Maturityof	debt					2022	2021
							E	E
	Amount falling due:
	In one year or less						99,155	102,332
	Between	two and five years					80,950	120,515
	In five years or more							3,806
							180,105	226,653
				Opening	Resources	Resources	Other	Closing
15	The funds	ofthe charity: current year		balance	arising	utalsed	movements	balance
				E	E	E	E	E
	Restricted	funds
	Restricted income funds			344,576	4,493	(7,147)		341,922
	Unrestricted	funds
	Designated	funds			313,622			313,622
	General funds			600,945	258,489	(54,155	(408,622)	396,657
		Total unreslricled	funds	600,945	572,111	(54,155)	(408,622)	710,279
				945,521	576,604	(61,302)	(408,622)	1,052,201
				Opening	Resources	Resources	Other	Closing
16	The funds	ofthe charity: prior year		balance	arising	utgised	movements	balance
				E	E	E	E	E
	Reslricfed	funds
	Restricted	income funds		347,576		(3,000)		344,576
	Unrestricted funds General funds			518,814	101,790	~19,659)		600,945
				866,390	101,790	(22,659)		945,521

						Opening		Resources	Resources	Resources	Transfers a	Closing
Designated funds: current year						balance		arising		utigsed	adjustments	balance
						E		E		E	E	E
Operating interruption costs								65,000				65,000
Building maintenance Lift replacement Loan repayments provision 'Operating interruption costs 3 lldigIt'	. ,	Sufficient 3 t l			running costs to cover tilkildig it			60,000 90,000 78,622 313,622 an interruption 2	period of up to 6months			60,000 90,000 78,622 313,622
Litt gl t	i	C	t	llgl	gl
Loan repayments provision	~	Six	months		loan	repayments	relating to the purchase			ofa property

			Opening	Incoming	Resources	Transfers	&	Closing
18	Restricted funds:	current period	balance	resources	expended	gains/(losses)		balance
			E		E	E		E
	Freehold premises	&studio	343,311		2,654			340,657
	Digital Bridge		1,265					1,265
	Tony Kofi fund			4,493	4,493
			344,576	4,493	7,147			341,922
			Opening	Incoming	Resources	Transfers	8	Closing
19	Restricted funds:	prior period	balance	resources	expended	gains/(losses)		balance
			E		E	E		E
	Freehold premises	&studio	346,311		3,000			343,311
	Digital Bridge		1,265					1,265
			347,576		3,000			344,576

General	Designated	Restricted	Endowment
funds	funds	funds	funds	Total
~333.322	313622
(313,622)	313,622

			General	Designated	Restricted	Endowment
21	Net assets attributable	to funds: current period	funds	funds E	fundsf	funds E	Total E
	Tangible fixed assets		598,335		341,922		940,257
	Current assets		3,943	313,622			317,565
	Current liabilities Long term liabilities		(124,672) ~80,9490				(124,672) ~80.9490
	Net assets represented	by funds	396,657	313,622	341,922		1,052,201
			General	Designated	Restricted	Endowment
22	Net assets attributable	to funds: prior period	funds	funds E	funds E	funds E	Totalf
	Tangible fixed assets		602,979		344,576		947,555
	Current assets		249,185				249,185
	Current liabilities		(126,898)				(126,898)
	Long term liabilities		(124,321)				(124,321)
	Net assets represented	by funds	600,945		344,576		945,521