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2023-09-30-accounts
| Status: |
C o m p a n y L i m i t e d b y G u a r a n t e e N o . 0 3 4 5 4 0 5 9 |
|
C h a r i t y R e g i s t r a t i o n
No.: 1 0 6 7 0 4 1 |
|
T h e C o m p a n y ' s g o v e r n i n g d o c u m e n t
Is Its M e m o r a n d u m a n d |
|
A r t i c l e s o f A s s o c i a t i o n d a t e d 2 0
O c t o b e r 1 9 9 7 |
| Registered Office: |
2 Victoria Road, London, W5 1TB |
| Trustees: |
J o s e p h i n e A b b o t t |
|
J a n e t B e n n e t t |
|
Conor Curran |
|
James H a r v e y |
|
Joanna H a r v e y |
|
C a t h e r i n e H y a m s ( C h a i r ) |
|
Bruce K i n g |
|
Jane L a d d i m a n |
|
Madhu Prasadam |
|
Michael Watts |
|
A u r e l i e Edus ( a p p o i n t e d N o v e m b e r 2 0 2 2 ) |
|
Ken M a c l a c h i a n ( a p p o i n t e d F e b r u a r y 2 0 2 3 ) |
|
P a n a g i o t a S t a t h a k i ( a p p o i n t e d O c t o b e r 2 0 2 3 ) |
|
N a d i n e T h o m p s o n ( a p p o i n t e d F e b r u a r y 2 0 2 3 ) |
|
Richard T h o m a s ( r e s i g n e d S e p t e m b e r 2 0 2 3 ) |
| S e c r e t a r y |
A u r e l i e Edus ( a p p o i n t e d
N o v e m b e r 2 0 2 2 ) |
| ladependent examiner: |
Shruti Son! FCCA FCIE |
|
Shruti Soni Ltd |
|
Chartered Certified Accountants |
|
117a St. John's Hill, Sevenoaks TNI3 3PE |
19 March 2024
|
|
|
|
2023 |
|
|
2022 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
N o t e |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donattons and legacies |
2 |
12,221 |
- |
12,221 |
11,547 |
- |
11,547 |
| Charitable activities |
|
|
|
|
|
|
|
| Orchestral Performances |
3 |
83,547 |
- |
83,547 |
85,403 |
- |
85,403 |
| Other trading activities |
4 |
556 |
- |
556 |
769 |
- |
769 |
| investments - bank Interest |
|
1,028 |
- |
1,028 |
131 |
- |
135 |
| Total Income |
|
97,352 |
- |
9 7 , 3 5 2 |
97,850 |
~ |
97,850 |
| Expenditure on: |
5 |
|
|
|
|
|
|
| Raising funds |
|
1,598 |
- |
1,598 |
1,510 |
- |
1,510 |
| Charitable activities |
|
|
|
|
|
|
|
| Orchestral Performances |
|
100,316 |
- |
100,316 |
97,930 |
- |
97,930 |
| Total expenditure |
|
101,914 |
- |
101,914 |
99,440 |
- |
99,440 |
| Net income / (expenditure) for |
|
|
|
|
|
|
|
| the year |
|
(4,562) |
- |
(4,862) |
(1,590) |
- |
(1,590) |
| Transfers between funds |
|
- |
- |
- |
- |
- |
- |
| Net movement in funds |
|
(4,562) |
- |
(4,562) |
(1,590) |
- |
(1,590) |
| Reconciliation of funds: |
|
|
|
|
|
|
|
| Total funds brought forward |
|
91,320 |
- |
91,320 |
92,910 |
- |
92,910 |
| Total funds carried forward |
12 |
86,758 |
- |
86,758 |
91,320 |
~ |
91,320 |
| $ $ $ |
A n i |
d |
Semtember2 0 2 3 |
Semtember2 0 2 3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
2022 |
|
|
|
|
N o t e |
£ |
|
|
|
£ |
£ |
|
|
|
£ |
| Fixed assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tangible assets |
|
|
8 |
|
|
|
|
- |
|
|
|
|
- |
| Current assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| D e b t o r s |
|
|
9 |
|
|
|
|
|
15,705 |
|
|
|
|
| Cash at bank and in hand |
|
|
|
|
|
|
|
|
76,815 |
|
|
|
|
|
|
|
|
|
|
|
|
|
92,520 |
|
|
|
|
| Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Creditors: amounts falling due within |
one year |
|
10 |
1,744 |
|
|
|
|
1,200 |
|
|
|
|
| Net current assets / (liabilities) |
|
|
|
|
|
8 6 , 7 5 8 |
|
|
|
|
91,320 |
|
|
| Total assets less current liabilities |
|
|
|
|
|
8 6 , 7 5 8 |
|
|
|
|
91,320 |
|
|
| Total n e t assets / (llabilities) |
|
|
|
|
|
9 6 , 7 5 8 |
|
|
|
|
91,320 |
|
|
|
|
|
|
|
? |
|
|
|
|
? |
|
|
|
| The funds o f the charity: |
|
|
Ww |
|
|
|
|
|
|
|
|
|
|
| Unrestricted income funds: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Designated funds. |
|
|
|
14,178 |
|
|
|
|
16,703 |
|
|
|
|
| General funds |
|
|
|
72,580 |
|
|
|
|
74,617 |
|
|
|
|
| Total unrestricted funds |
|
|
|
|
|
86,758 |
|
|
|
|
?91,320 |
|
|
| Total charity funds |
|
|
Pd |
|
|
8 6 , |
|
7 5 8 |
|
|
91,320 |
|
|
|
|
|
|
|
? |
? |
? |
|
|
? |
e |
n |
|
|
Unrestricted |
|
Restricted |
T o t a l |
|
Total |
|
£ |
|
£ |
£ |
|
£ |
| Friends Donations |
1,654 |
|
- |
1,654 |
|
4,546 |
| Gift aid |
4,962 |
|
- |
4,962 |
|
5,415 |
| Other donations |
5,605 |
|
- |
5,605 |
|
1,586 |
|
12,221 |
? |
-
? |
12,221 |
a |
11,547 |
|
|
|
|
|
|
2023 |
|
2022 |
|
Unrestricted |
|
= |
Restricted |
|
T o t a l |
|
Total |
|
|
£ |
|
|
£ |
£ |
|
£ |
| Orchestral Performances |
|
|
|
|
|
|
|
|
| Subscriptions |
|
2 7 , 2 2 0 |
|
|
- |
27,220 |
|
29,054 |
| Tour Income |
|
44,969 |
|
|
- |
4 4 , 9 6 9 |
|
47,367 |
| Concert Income |
|
10,718 |
|
|
- |
10,718 |
|
8,426 |
| Other Income |
|
640 |
|
|
- |
6 4 0 |
|
556 |
| Total income from charitable activities |
|
83,547 |
|
|
~ |
83,547 |
|
85,403 |
|
R |
S |
T |
E |
E |
|
? |
? |
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
?-Restricted |
T o t a l |
Total |
|
|
£ |
£ |
£ |
€ |
| Bar |
donations |
556 |
- |
556 |
769 |
|
|
556 |
= |
556 |
769 |
|
|
Cost of |
Cost of |
Cost of |
|
|
|
|
|
|
|
|
|
|
|
|
|
raising = |
|
|
Charitable |
|
|
Support |
|
|
|
|
|
|
|
|
|
f u n d s . |
|
|
activities |
|
|
|
costs |
|
|
|
2023 Total |
|
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
£ |
| Bar and CD stock costs |
|
|
250 |
|
|
- |
|
|
|
|
- |
|
|
250 |
|
| Publicity & Advertisement |
|
1,348 |
|
|
|
> |
|
|
|
|
- |
|
|
1,348 |
|
| Tour Cost |
|
|
|
- |
50,437 |
|
|
|
|
|
- |
|
|
30,437 |
|
| Concert Cost |
|
|
|
- |
25,547 |
|
|
|
|
|
- |
|
|
25,847 |
|
| Social Activities |
|
|
|
+ |
1,219 |
|
|
|
|
|
- |
|
|
1,219 |
|
| instrument repair and music and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| venue hire |
|
|
|
- |
9,679 |
|
|
|
|
|
- |
|
|
9,679 |
|
| Memberships and subscription |
|
|
|
- |
|
- |
|
|
|
430 |
|
|
|
4 3 |
0 |
| Bursaries Awarded |
|
|
|
- |
2,525 |
|
|
|
|
|
> |
|
|
2,525 |
|
| Bank charges and admin |
|
|
|
- |
|
- |
|
|
3,207 |
|
|
|
|
3,207 |
|
| Legat fees |
|
|
|
- |
|
- |
|
|
5.922 |
|
|
|
|
5,922 |
|
| independent Examination |
|
|
|
- |
|
- |
|
|
1,350 |
|
|
|
|
1,356 |
|
|
|
1,598 |
|
|
89,407 |
|
|
10,909 |
|
|
|
|
101,934 |
|
|
| Support costs |
|
- |
|
|
10,909 |
|
|
(10,909) |
|
|
|
|
|
- |
|
| Total expenditure 2023 |
|
1,598 |
|
|
100,316 |
|
|
|
- |
|
|
|
101,914 |
|
|
|
? |
|
|
|
|
|
c |
e |
e |
: |
|
e |
e |
n
s |
|
| Total expenditure 2022 |
|
1,510 |
|
|
9 7 , 9 3 0 |
|
|
|
- |
|
|
|
|
99,440 |
|
|
? ? |
|
|
|
|
|
S |
|
E |
|
|
e |
|
e
e |
|
|
|
Cost of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
raising |
|
|
Charitable |
|
|
Support |
|
|
|
|
|
|
|
|
|
f u n d |
|
s |
activities |
|
|
|
costs |
|
|
|
2022 Total |
|
|
|
|
|
|
£ |
|
£ |
|
|
|
|
£ |
|
|
|
£ |
| Bar and CD stock costs |
|
|
330 |
|
- |
|
|
|
|
~ |
|
|
|
330 |
|
| Publicity & Advertisement |
|
1,180 |
|
|
- |
|
|
|
- |
|
|
|
|
1,180 |
|
| Tour Cost |
|
- |
|
|
47,882 |
|
|
|
~ |
|
|
|
|
47,882 |
|
| Concert Cost |
|
- |
|
|
29,035 |
|
|
|
- |
|
|
|
|
29,035 |
|
| Social Activities |
|
- |
|
|
4 7 |
|
|
|
- |
|
|
|
|
4 7 |
|
| Instrument repale and music and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| venue hire |
|
- |
|
|
13,436 |
|
|
|
- |
|
|
|
|
13,436 |
|
| Memberships and subscription |
|
- |
|
|
- |
|
|
|
a |
S |
|
|
|
718 |
|
| Bursaries Awarded |
|
- |
|
|
U 7 ? |
|
|
|
- |
|
|
|
|
L 7 t 7 |
|
| Bank charges and admin |
|
- |
|
|
- |
|
|
3 |
, 2 7 6 |
|
|
|
|
3,276 |
|
| Bad debts |
|
- |
|
|
192 |
|
|
|
- |
|
|
|
|
192 |
|
| Depreciation |
|
- |
|
|
- |
|
|
|
- |
|
|
|
|
- |
|
| independent Examination |
|
- |
|
|
- |
|
|
|
1,260 |
|
|
|
|
1,260 |
|
|
|
1,510 |
|
|
92,679 |
|
|
$5,251 |
|
|
|
|
|
99,440 |
|
| Support costs |
|
|
|
|
5.25% |
|
|
|
2 5 1 |
|
) |
|
|
- |
|
| Total expenditure 2022 |
|
1,510 |
|
|
9 7 , 9 3 0 |
|
|
|
- |
|
|
|
|
99,440 |
|
| Tangible fixed assets |
|
|
|
|
|
|
|
|
|
|
Musical |
|
|
|
|
|
|
|
Equipment |
|
|
|
|
|
|
Total |
|
|
|
|
é |
|
|
|
é |
| Cost or valuation |
|
|
|
|
|
|
|
|
| At the start of the year |
|
|
16,751 |
|
|
|
|
16,751 |
| At the end of the year |
|
|
16,751 |
|
|
|
|
16,751 |
| Depreciation |
|
|
|
|
|
|
|
|
| At the start of the year |
|
|
16,751 |
|
|
|
|
16,751 |
| Charge for the year |
|
|
|
|
|
|
|
- |
| At the end of the year |
|
|
16,751 |
|
|
|
|
16,751 |
| Net book value |
|
|
|
|
|
|
|
|
| At the end of the year |
|
|
|
- |
|
|
|
- |
|
? |
? |
? |
|
|
? |
? |
? |
| At the start of the year |
|
|
|
- |
|
|
|
- |
| All of the above assets are used for charitable purposes. |
|
|
|
|
|
? |
|
1 |
| Debtors |
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
2022 |
|
|
|
|
|
£ |
|
|
£ |
| Other debtors |
|
|
|
|
1,100 |
|
|
- |
| Accrued income |
|
|
|
|
- |
|
|
15,705 |
|
|
|
|
|
1,100 |
|
|
15,705 |
|
|
|
|
|
2023 |
2022 |
|
|
|
|
|
£ |
£ |
|
A c c r u a l s |
|
|
|
1 , 7 4 4 |
1,200 |
|
|
|
|
|
1 , 7 4 4 |
1,200 |
| 11 |
A n a l y s i s |
o |
f |
n e t a s s e t s b e t w e e n f u n d s |
|
|
|
|
|
|
General |
|
|
|
|
|
|
|
unrestricted |
Designated |
Restricted |
T o t a l funds |
|
|
|
|
£ |
£ |
£ |
£ |
|
Tangtbie fixed assets |
|
|
- |
- |
- |
- |
|
Net current assets |
|
|
7 2 , 5 8 0 |
1 4 , 1 7 8 |
- |
8 6 , 7 5 8 |
|
Net assets a t 3 0 S e p t e m b e r 2 0 2 3 |
|
|
7 2 , 5 8 0 |
1 4 , 1 7 8 |
- |
8 6 , 7 5 8 |
|
Analysls of net assets between funds |
|
|
|
|
|
|
|
|
|
|
General |
Designated |
Restricted |
Total funds |
|
|
|
|
€ |
£ |
£ |
£ |
|
Tangible fixed assets |
|
|
- |
- |
|
|
|
Net current assets |
|
|
74,617 |
16,703 |
|
91,320 |
|
Net assets at 30 September 2022 |
|
|
74,617 |
16,703 |
- |
91,320 |
| 12 |
Movements In funds |
|
|
|
|
|
|
|
|
|
A t l |
Incoming |
Outgoing |
|
A t 3 0 |
|
|
October |
|
resources & |
resources & |
|
September |
|
|
|
2022 |
g a i n s |
fosses |
Transfers |
2 0 2 3 |
|
|
|
£ |
£ |
£ |
£ |
|
|
Unrestricted f u n d s : |
|
|
|
|
|
|
|
Designated funds: |
|
|
|
|
|
|
|
John Raliton Bursary |
|
9 2 3 |
- |
(510) |
- |
4 1 3 |
|
I n s t r u m e n t Fund |
|
5,000 |
- |
- |
- |
5 , 0 0 0 |
|
Else & Leonard Cross |
|
3,796 |
- |
- |
- |
3 , 7 9 6 |
|
Fiona Thomas Fund |
|
6 , 9 8 4 |
- |
(2,015) |
- |
4 , 9 6 9 |
|
Total designated f u n d s |
16,703 |
|
- |
(2,525) |
- |
1 4 , 1 7 8 |
|
General funds |
74,617 |
|
97,352 |
(99,389) |
- |
7 2 , 5 8 0 |
|
T o t a l u n r e s t r i c t e d f u n d s |
9 |
1 , 3 2 0 |
9 7 , 3 5 2 |
(101,914) |
- |
8 6 , 7 5 8 |
|
Total f u n d s |
9 |
1 , 3 2 0 |
9 7 , 3 5 2 |
( 1 0 1 , 9 1 4 ) |
- |
8 6 , 7 5 8 |
|
|
A t l |
|
Incoming |
Outgoing |
|
At 30 |
|
|
October |
|
resources & |
resources & |
September |
|
|
|
2021 |
|
gains |
losses |
Transfers |
2022 |
|
|
£ |
|
& |
£ |
£ |
£ |
| Unrestricted funds: |
|
|
|
|
|
|
|
| Designated funds: |
|
|
|
|
|
|
|
| John Railton 8ursary |
|
1,379 |
|
- |
(456) |
|
923 |
| instrument Fund |
|
§,000 |
|
- |
- |
- |
5,000 |
| Else & Leonard Cross Charitable |
|
3,796 |
|
- |
- |
- |
3,796 |
| Fiona Thomas Fund |
|
8,235 |
|
= |
(1,251) |
_ _ _ |
6 , 9 8 4 |
| Total designated funds |
|
18,410 |
|
- |
(1,707) |
- |
16,703 |
| General funds |
|
74,500 |
|
97,850 |
(97,733) |
- |
74,617 |
| Total unrestricted funds |
|
92,910 |
|
97,850 |
(99,440) |
- |
91,320 |
| Total funds |
S |
92,910 |
E |
97,850 |
(99,440) |
-
= |
91,320 |