| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent examiner's report to the |
trustees | 12 | ||||
| Statement of financial |
activities | (including | income and | |||
| expenditure account) |
14 | |||||
| Statement of financial |
position | 15 | ||||
| Notes to the financial | statements |
| Ye | ar end | ed 31 March | 2023 | |||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| Note | f | 2 | 2 | 2 | ||
| Income and endowments | ||||||
| Donations and legacies |
5 | 197,141 | 10,598 | 207,739 | 232,952 | |
| Charitable activities |
6 | 21,072 | 21,072 | 8,956 | ||
| Total income | 218,213 | 10,598 | 228,811 | 241,908 | ||
| Expenditure | ||||||
| Expenditure on charitable |
activities | 7,8 | 241,319 | 10,668 | 251,987 | 222,351 |
| Total expenditure | 241,319 | 10,668 | 251,987 | 222,351 | ||
| Net (expenditure)/income | and net | |||||
| movement in funds |
(23,106) | (70) | (23,176) | 19,557 | ||
| Reconciliation of funds |
||||||
| Total funds brought forward | 173,966 | 70 | 174,036 | 154,479 | ||
| Total funds carried forward | 150,860 | 150,860 | 174,036 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| 6 | ||||
| Donations | ||||
| Donations | 440 | 440 | ||
| Grants | ||||
| Oxford City Council grant | 7,000 | 7,000 | ||
| PRSF grant | 500 | 6,750 | 7,250 | |
| Arts Council England, | South East NPO grant | 189,201 | 189,201 | |
| Arts at the Old Fire Station | ||||
| Jerwood Arts |
1,248 | 1,248 | ||
| British Council | 2,600 | 2,600 | ||
| 197,141 | 10,598 | 207,739 |
| Unrestricted | Restricted | Total Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||||||
| 2 | 2 | |||||||||
| Donations | ||||||||||
| Donations | 326 | 326 | ||||||||
| Grants | ||||||||||
| Oxford City | Council grant | 14,000 | 1,000 | 15,000 | ||||||
| PRSF grant | 11,500 | 11,500 | ||||||||
| Arts Council | England, | South | East NPO grant | 189,201 | 189,201 | |||||
| Arts at the Old Fire Station | 5,693 | 5,693 | ||||||||
| Jerwood | Arts | 11,232 | 11,232 | |||||||
| British Council | ||||||||||
| 203,527 | 29,425 | 232,952 | ||||||||
| 6. | Charitable | activities | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2023 | Funds | 2022 | |||||||
| 2 | F | |||||||||
| Other income | from charitable | activities | 21,072 | 21,072 | 8,956 | 8,956 | ||||
| 7. | Expenditure | on charitable | activities by fund | type | ||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2023 | ||||||||
| 2 | ||||||||||
| Projects | 24,835 | 9,420 | 34,255 | |||||||
| Concerts | 35,963 | 35,963 | ||||||||
| Education | 14,069 | 14,069 | ||||||||
| Overheads | 166,452 | 1,248 | 167,700 | |||||||
| 241,319 | 10,668 | 251,987 | ||||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds | Funds | 2022 | ||||||||
| Projects | 11,747 | 18,193 | 29,940 | |||||||
| Concerts | 28,985 | 28,985 | ||||||||
| Education | 10,994 | 8,076 | 19,070 | |||||||
| Overheads | 133,124 | 11,232 | 144,356 | |||||||
| 184,850 | 37,501 | 222,351 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||||
| directly | 2023 | 2022 | ||||
| 8 | 2 | |||||
| Projects | 34,255 | 34,255 | 29,940 | |||
| Concerts | 35,963 | 35,963 | 28,985 | |||
| Education | 14,069 | 14,069 | 19,070 | |||
| Overheads | 167,700 | 167,700 | 144,356 | |||
| 251,987 | 251,987 | 222,351 | ||||
| 9. | Net (expenditure)/income | |||||
| Net (expenditure)/income | is stated after charging/(crediting): | |||||
| 2023 | 2022 | |||||
| 2 | ||||||
| Depreciation | of tangible fixed assets | 1,440 | 852 | |||
| 10. | Independent | examination | fees | |||
| 2023 | 2022 | |||||
| 2 | ||||||
| Fees payable | to the independent | examiner for: | ||||
| Independent | examination | of the | financial statements | 1,530 | 1,530 |
| Equipment | Total | ||
|---|---|---|---|
| Cost | |||
| At 1 April 2022 | 10,454 | 10,454 | |
| Additions | 4,894 | 4,894 | |
| At 31 March 2023 | 15,348 | 15,348 | |
| Depreciation | |||
| At 1 April 2022 | 8,903 | 8,903 | |
| Charge for the year | 1,440 | 1,440 | |
| At 31 March 2023 | 10,343 | 10,343 | |
| Carrying amount |
|||
| At 31 March 2023 | 5,005 | 5,005 | |
| At 31 March 2022 | 1,551 | 1,551 | |
| Debtors | |||
| 2023 | 2022 f |
||
| Trade debtors | 12,449 | 10,250 | |
| Prepayments and accrued income |
879 | 657 | |
| Other debtors | 91 | ||
| 13,419 | 10,907 | ||
| Creditors: amounts | falling due within one year | ||
| 2023 | 2022 | ||
| Trade creditors | 6,845 | 7,155 | |
| Accruals and deferred | income | 1,530 | 1,530 |
| Social security and other taxes | 2,154 | 861 | |
| Other creditors | 596 | 2,600 | |
| 11,125 | 12,146 |
| Unrestricted funds |
|||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 | March 202 | |||
| 1 April 2022 | Income | Expenditure | Transfers | 3 | |
| 2 | 2 | 2 | |||
| General funds | 101,773 | 218,213 | (241,319) | 26,576 | 105,243 |
| project costs | 51,793 | (26,576) | 25,217 | ||
| Organisational | |||||
| Contingency | 20,400 | 20,400 | |||
| 173,966 | 218,213 | (241,319) | 150,860 | ||
| At | |||||
| At | 31 | March 202 | |||
| 1 April 2021 | Income | Expenditure | Transfers | 2 | |
| 2 | 2 | ||||
| General funds | 81,263 | 212,483 | (184,850) | (7,123) | 101,773 |
| project costs | 45,070 | 6,723 | 51,793 | ||
| Organisational | |||||
| Contingency | 20,000 | 400 | 20,400 | ||
| 146,333 | 212,483 | (184,850) | 173,966 |
| At | ||||||
|---|---|---|---|---|---|---|
| At | 31 March 202 | |||||
| 1 April 2022 | Income | Expenditure | Transfers | 3 | ||
| 2 | 2 | 2 | ||||
| PRS Foundation | TDP | |||||
| grant | 6,750 | (6,750) | ||||
| Santander | ||||||
| Youth Music | ||||||
| Oxford City Council CEP | ||||||
| Grants | ||||||
| CEP Engaging | Young | |||||
| People Grant | 70 | (70) | ||||
| Oxford City Council- | ||||||
| Culture Team —Grant for |
||||||
| Broad Meadow | event | |||||
| Sept | ||||||
| Arts at the Old Fire | ||||||
| Station | ||||||
| Jerwood Arts | 1,248 | (1,248) | ||||
| British Council | 2,600 | (2,600) | ||||
| 70 | 10,598 | (10,668) | ||||
| At | ||||||
| At | 31 March 202 | |||||
| 1 April 2021 | Income | Expenditure | Transfers | 2 | ||
| 6 | ||||||
| PRS Foundation | TDP | |||||
| grant | 11,500 | (11,500) | ||||
| Santander | 3,588 | (3,588) | ||||
| Youth Music | 1,110 | (1,110) | ||||
| Oxford City Council CEP | ||||||
| Grants | 1,663 | (1,663) | ||||
| CEP Engaging | Young | |||||
| People Grant | 1,785 | (1,715) | 70 | |||
| Oxford City Council- | ||||||
| Culture Team - | Grant for | |||||
| Broad Meadow | event | |||||
| Sept | 1,000 | (1,000) | ||||
| Arts at the Old Fire | ||||||
| Station | 5,693 | (5,693) | ||||
| Jerwood Arts |
11,232 | (11,232) | ||||
| British Council | ||||||
| 8,146 | 29,425 | (37,501) | 70 |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2023 | |||
| 2 | 2 | ||||
| Tangible | fixed assets | 5,005 | 5,005 | ||
| Current | assets | 156,980 | 156,980 | ||
| Creditors | less than | 1 year | (11,125) | (11,125) | |
| Net assets | 150,860 | 150,860 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| Tangible | fixed assets | 1,551 | 1,551 | ||
| Current | assets | 184,561 | 70 | 184,631 | |
| Creditors | less than | 1 year | (12,146) | (12,146) | |
| Net assets | 173,966 | 70 | 174,036 |