## ## |INDEX|||PAGE| |---|---|---|---| |TRUSTEES' REPORT|||1-14| |INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES|||15-18| |CONSOLIDATED|STATEMENT OF FINANCIAL ACTIVITIES||19| |CONSOLIDATED|BALANCE SHEET||20| |CHARITY ONLY|BALANCE SHEET||21| |CONSOLIDATED|CASH FLOW STATEMENT||22| |CHARITY ONLY|CASH FLOW STATEMENT||23| |NOTES TO THE|ACCOUNTS||24 - 39| |The following
pages do not form part ofthe statutory||accounts|| |DETAILED CHARITY ONLY INCOME AND EXPENDITURE ACCOUNT|||41 -42| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Charity||number|||1068331||||||| |Company|||number||3499629||||||| |Administration||||office address|National
Centre for||Early|||Music|| ||||||St Margaret's
Church||||||| ||||||Walmgate||||||| ||||||York YO1 9TL||||||| ||||||Telephone
01904645738||||||| |Trustees|||||P M Murphy
(Chairman)||||||| ||||||A Datta (appointed|24||September 2021)|||| ||||||Professor P C Fox||||||| ||||||M L McGregor||||||| ||||||SA R Procter (appointed|||||17December 2020)|| ||||||M J Stancliffe||||||| ||||||J M Taylor (resigned||17||December 2020)||| ||||||P A Tyack||||||| ||||||VJohnson
(appointed|||24||September 2021)|| |hV|llh|||v n||IVU|L||I|I III'I LAt I UUVUILUII|lfVdl ly Udl Idldly| ||||||Cherry Fricker ACA||—Director of Finance and||||Operations| |Auditor|||||Nigel Clemit ACA|FCCA|||||| ||||||JWPCreers
LLP||||||| ||||||Chartered
Accountants||||||| ||||||Registered
Auditors||||||| ||||||Genesis 5||||||| ||||||Church
Lane||||||| ||||||Heslington||||||| ||||||York YO10 5DQ||||||| |Bankers|||||HSBC Bank pic||||||| ||||||PO Box26||||||| ||||||13Parliament
Street||||||| ||||||York YO1 8XS||||||| |Solicitors|||||Harrowells
LLP||||||| ||||||Moorgate
House||||||| ||||||Clifton Moorgate||||||| ||||||York YO30 4WY||||||| ## ## ## ## ## ## |The financial
statements
comply
document.|The financial
statements
comply
document.|The financial
statements
comply
document.|with the sta|tutory
requirements
and
with those of the charitys
gov|tutory
requirements
and
with those of the charitys
gov|tutory
requirements
and
with those of the charitys
gov|ernin|g| |---|---|---|---|---|---|---|---|---| |The York Early Music Foundation|||is managed|by a Board ofTrustees which during
the year comprised|||of:|| |Anita Datta|Trustee|||Freelance|musician|||| ||(appointed|24.09.21)||Conductor|and Founder,
The Swan Consort|||| |||||Trustee,
English Tounng
Opera||||| |Prof. Chnstopher
Fox|Trustee|||Composer
Visiting Professor of Music, University
ofYork||||| |||||Emeritus|Professor of Music, Brunel University|London||| |||||Editor, TEMPO, Cambridge
University
Press||||| |Victoria Johnson|Trustee|||Precentor,|York Minster|||| ||(appointed||24.09.21)|||||| |Derri Lewis|Associate|Trustee||Composer||||| ||(appointed||24.09.21)|||||| |Menna McGregor|Trustee|||Governor,
Governor,|Royal Central School of Speech and
The Royal Ballet School|Drama||| |||||Trustee,|The Royal Ballet School Endowment|Fund||| |||||Director,|TRBS Enterprises
Limited|||| |||||Trustee,|J Edward
Conway
Fund|||| |||||Clerk to the Governors,
Alleyn's
School||||| |Paul Murphy|Chairman
(wef from|24.09.21)||Freelance Consultant
Chair of the Tees, Esk and Wear Valleys
NHS Mental|||Health|| |||||Trust||||| |||||Chair of the York and North Yorkshire Welfare||Benefits|Unit|| |Dr Simon Procter|Trustee|||Director of Music Services, Nordoff Robbins||||| ||(appointed||17.12.20)|||||| |Martin Stanciiffe|Trustee|||Architect|specialising
in the conservation
of historic buildings.|||| |||||Surveyor|Emeritus, St Paula Cathedral|||| |||||Chairman,|York
Consortium
for
Conservation|||and| |||||Craftmanship||||| |||||Member,|York Minster Fabric Advisory
Committee|||| |||||Member,|Canterbury
Cathedral
Fabric Advisory|Committee||| |||||Director,|The Landmark
Trustee Company
Limited|||| |Mike Taylor|Chairman|||Former Group Finance Director,
Noithumbrian||Water||| ||(resigned|17.12.20)||||||| |Paul Tyack|Trustee|||Director|ofAdvancement,
Newcastle
University|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||Note|Unrestricted|Designated|Restncted|Total|Total| |||F|||F|8| |INCOME||||||| |Donations
& legacies
Raising funds
Charitable
activities
Investment
income
Other income||47,588
33,495
389,715
1,589
19,751||27,025
181,071|74,613
33,495
570,786
1,589
19,751|79,746
134,349
773,130
2,210
3,000| |TOTAL INCOME||492,138||208,096|700,234|992,435| |EXPENDITURE||||||| |Raising funds
Charitable
activities|7
8|21,738
471,406||140,089|21,738
611,495|79,293
739,830| |TOTAL EXPENDITURE||493,144||140,089|633,233|819,123| |NET INCOME/(EXPENDITURE)||||||| |FOR THE YEAR||(1,006)||68,007|67,001|173,312| |FUNDS BROUGHT FORWARD AT||||||| |1 APRIL 2020||125,916|162,847|1,822,151|2,110,914|1,937,602| |FUNDS CARRIED FORWARD AT||||||| |31 MARCH 2021||124,910|162,847|1,890,158|2,177,915|2,110,914| ## ## ||Note|2021||2020| |---|---|---|---|---| |||||F| |FIXEDASSETS||||| |Tangible assets|15||1,555,018|1,556,781| |CURRENT ASSETS
Debtors|17|58,361||95,485| |Cash at bank and
in hand||674,349||564,800| |||732,710||660,285| |CURRENT LIABILITIES||||| |Creditors falling due within one
year|18|109,813||106,152| |NET CURRENT ASSETS|||622,897|554,133| |TOTAL ASSETSLESS
CURRENT LIABILITIES|||2,177,915|2,110,914| |NET ASSETS|20||2,177,915|2,110,914| |FUNDS
General unrestricted
funds|21|124,910||125,916| |Designated
funds|21|162,847||162,847| |Total unrestricted
funds|||287,757|288,763| |Restricted funds —fixed assets
Restricted funds —other|21
21||1,545,596
344,562|1,545,302
276,849| |TOTALFUNDS|||2,177,915|2,110,914| ## ## ## ## |||Note||2021|||2020| |---|---|---|---|---|---|---|---| ||||||||f| |FIXEDASSETS|||||||| |Tangible assets
Investments||15
16|||1,555,018
1|1,556,781
1|| |CURRENT ASSETS|||||1,555,019|1,556,782|| |Debtors
Cash at bank and
in hand||17|65,703
639,700||||135,120
504,761| |CURRENT LIABILITIES|||705,403||||639,881| |Creditors
falling due within|one||||||| |year||18|82,507||||85,749| |NET CURRENT ASSETS|||||622,896||554,132| |TOTAL ASSETS LESS|||||||| |I
IIDDCDT
I Ill Dll JTIDD|||||J., ll I,T ID|X,|I IV,VI
I| |NET ASSETS|||||2,177,915|2,|110,914| |CHARITY FUNDS|||||||| |General
unrestricted
funds
DesIgnated
funds||21
21|124,910
162,847||||125,916
162,847| |Total unrestricted
funds|||||287,757||288,763| |Restricted funds —fixed assets
Restricted funds —other||21
21|||1,545,596
344,562|1,545,302
276,849|| |TOTAL CHARITY FUNDS|||||2,177,915|2,110,914|| ## ## |||Note||| |---|---|---|---|---| ||||2021|2020| |||||F-| ||Cash flows from operating
activities:|||| ||Net cash provided
by/(used
in) operating
activities|1|175,523|175,251| ||Net cash flows from investing
activities:|||| ||Interest received
Payments
to acquire tangible
fixed assets||1,589
(67,563)|2,210
(145,998)| ||Change
in cash and cash equivalents
in the year||109,549|31,463| ||Cash and cash equivalents
at 1 April 2020||564,800|533,337| ||Cash and equivalents
at 31 March 2021|2|674,349|564,800| ||RECONCILIATION
OF NET INCOME/(EXPENDITURE)||TO NET CASH FLOW FROM|OPERATING| ||ACTIVITIES|||| ||||2021|2020| ||||E|| ||Net income/(expenditure)
for the year||67,001|173,312| ||Adjustments
for:|||| ||Depreciation
oftangible
fixed assets
Loss/(profit)
on sale oftangible
fixed assets
Interest received
Decrease/(increase)
in debtors
(Decrease)/increase
in creditors||69,217
109
(1,589)
37,124
3,661|63,426
(2,210)
7,159
(66,436)| ||Net cash provided
by/(used
in) operating|activities|175,523|175,251| |2.|ANALYSIS OF CASH AND CASH EQUIVALENTS|||| ||||2021|2020| ||||F|| ||Cash at bank and
in hand||674,349|564,800| ## ## |||||Note||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||||6| ||Cash flows from operating|activities:||||| ||Net cash provided
by/(used|in) operating||||| ||activities||||200,913|190,432| ||Net cash flows from investing
activities:|||||| ||Interest received||||1,589|2,210| ||Payments
to acquire tangible fixed assets||||(67,563)|(145,998)| ||Change
in cash and cash|equivalents|in|the year|134,939|46,644| ||Cash and cash equivalents|at 1 April 2020|||504,761|458,117| ||Cash and equivalents
at 31 March 2021|||2|639,700|504,761| |1.|RECONCILIATION
OF NET INCOME/(EXPENDITURE)||||TO NET CASH FLOW FROM|OPERATING| ||ACTIVITIES|||||| ||||||2021|2020| ||||||6|8| ||Net income/(expenditure)|for the year|||67,001|173,312| ||Adjustments
for.|||||| ||Depreciation
oftangible
fixed assets||||69,217|63,426| ||Loss/(profit)
on sale oftangible
fixed assets||||109|| ||Interest recerved||||(1,589)|(2,210)| ||Decrease/(increase)
in debtors||||69,417|18,985| ||(Decrease)/increase
in creditors||||(3,242)|(63,081)| ||Net cash provided
by/(used
in) operating|||activities|200,913|190,432| |2.|ANALYSIS OF CASH AND|CASH EQUIVALENTS||||| ||||||2021|2020| ||||||E|8| ||Cash at bank and
in hand||||639,700|504,761| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATIONS &LEGACIES||||| |---|---|---|---|---| |2021|Unrestricted|Designated|Restricted|Total| ||funds|funds|funds|2021| ||F||6|8| |Donations|43,532||27,025|70,557| |Legacies
Subscriptions|4,056|||4,056| |Gift Aid||||| ||47,588||27,025|74,613| |2020|Unrestricted|Designated|Restricted|Total| ||funds|funds|funds|2020| ||F|F|E|F| |Donations|25,494||44,452|69,946| |Legacies
Subscriptions
Gift Aid|3,320
6,480|||3,320
6,480| ||35,294||44,452|79,746| ## ## |RAISING FUNDS||||| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||and total|and total| |||Note|2021|2020| |Trading
subsidiary
BoxOffice commission||10|16,053
462|71,633
7,674| |Hire of church|||6,600|18,278| |Bar sales|||2,194|32,981| |Instrument
& Equipment
Other activities income|hire||5,743
148|1,793
466| |Recording fees
PRS income|||2,295|700
824| ||||33,495|134,349| ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds
6|funds
F|2021
f|funds
f|funds
F|2020
8| |Arts Council England,
Yorkshire||||||||| |Annual
grant|||275,444|-|275,444|270,467|-|270,467| |Capital grant||||14,510|14,510||118,385|118,385| |Capital
Kickstart grant||||25,200|25,200|||| |Culture
Recovery Fund||grant||45,000|45,000|||| |Mayfield
Valley Arts Trust||||30,000|30,000||30,000|30,000| |City ofYork Council||||||||| |Annual
grant|||4,600||4,600|4,600||4,600| |Festival grant|||3,816||3,816|3,546||3,546| |Capital grant|||||||25,000|25,000| |Covid Support grant|||39,143||39,143|||| |East Riding ofYorkshire|Council|||9,260|9,260||9,260|9,260| |Music4U||||||||| |Youth Music|||20,000|25,000|45,000|14,167|30,833|45,000| |Hull City Council||||6,000|6,000||6,000|6,000| |East Riding of Yorkshire||Council||6,000|6,000||6,000|6,000| |City ofYork Council
Alh||||6,000|6,000||6,000|6,000| ||||||||,vav|| |Trusts and Foundations||||11,978|11,978||44,953|44,953| |EEEmerging+|||||||24,212|24,212| |NCEM Education
Programme|||||||248|248| |York Early Music Festival|||13,787||13,787|92,426||92,426| |Beverley Early Music Festival||||||26,165||26,165| |York Early Music Christmas||Festival|17,824||17,824|24,644||24,644| |NCEM Season Programme|||15,101||15,101|28,508||28,508| |International
Young Artists||Competiti|on|||4,836||4,836| |York Mystery
Plays Archive||||||45||45| ||||389,715|181,071|570,786|469,404|303,726|773,130| ## ## ## ## ## ## |EXPENDITURE - RAISING|FU|NDS||||| |---|---|---|---|---|---|---| ||||||Unrestricted|Unrestricted| ||||||and total|and total| |||||Note|2021|2020| ||||||F|E| |Marketing
and promotion
Business development
Barcosts|||||9,946
3,580
1,048|22,370
7,376
19,549| |Costs associated
with external||hire|||3,310|4,332| |Trading
subsidiary||||10|3,854|25,666| ||||||21,738|79,293| |EXPENDITURE - CHARITABLE ACTIVITIES||||||| |2021|||Unrestricted|Designated|Restricted|Total| ||||funds|funds|funds|2021| ||||F|f|F|E| |NCEM Promotions|||100,892||1,181|102,073| |York Early Music Festival
Beverley Early Music Festival
York Early Music Christmas
Festival
EEEmerging+
Young Artists Residencies|||80,616
15,286
61,934
29,789
10,000||6,368
7,000
3,500|80,616
21,654
68,934
33,289
10,000| |Music4U|||23,215||41,631|64,846| |Early Music Research
Cultural
Commissioning
Project
NCEM Education
Programme
NCEM Composers
Award
York Mystery
Plays Archive
REMA expenses
Restricted
Property
Fund
NCEM Young Artists Competition
Development
Costs
Audience
Development
BBCNew Generation
Baroque Ensemble|||55
16,647
37,794
26,669
1,398
638
7,965
15,477
17,838
25,193||1,905
8,810
5,000
602
64,092|55
18,552
46,604
31,669
2,000
638
64,092
7,965
15,477
17,838
25,193| ||||471,406||140,089|611,495| ## ## ## |EXPENDITURE -|CH|ARITA|BLE ACTIVIT|IES (continued)|||| |---|---|---|---|---|---|---|---| |2020||||Unrestricted|Designated|Restricted|Total| |||||funds|funds|funds|2020| |||||6|E|F|| |NCEM Promotions||||83,407||1,350|84,757| |York Early Music Festival||||164,847||9,995|174,842| |Beverley
Early Music Festival||||50,761||2,839|53,600| |York Early Music Christmas|||Festival|53,257||3,000|56,257| |EEEmerging|||||||| |EEEmerging+||||28,624||4,463|33,087| |Cantoria Residency||||||2,043|2,043| |Music4U||||15,397||50,764|66,161| |Early Music Research||||140|||140| |Cultural
Commissioning||Project||15,384||3,447|18,831| |NCEM Education
Programme||||38,854||29,526|68,380| |NCEM Composers|Award|||14,764||6,695|21,459| |York Mystery
Plays|Archive|||1,085||932|2,017| |REMA expenses||||749|||749| |Restricted
Property|Fund|||||57,877|57,877| |NCEM Young Artists Competition
ho
oI
o rl||||61,629
n azo||8,584|70,213
e &rn| |Audience
Development||||6,848|||6,848| |BBCNew Generation||Baroque Ensemble||15,396|507|507|16,410| |||||557,301|507|182,022|739,830| |Support costs|||||||| |||||||2021|2020| ||||||||F| |Premises costs||||||17,529|21,941| |Administration
and|office costs|||||217,836|219,415| |Insurances||||||20,870|19,961| |Maintenance||||||41,972|34,548| |Governance||||||6,090|6,533| |Depreciation||||||69,326|63,426| |||||||373,623|365,824| ## ## ## |2020||||||| |---|---|---|---|---|---|---| |||||Total||Total| |||||2021||2020| |||||F||8| |NCEM Promotions|||15.0|56,043|12.0|43,899| |York Early Music Festival|||16.0|59,780|14.0|51,215| |Beverley Early Music|Festival||3.0|11,209|7.5|27,437| |York Early Music Christmas||Festival|7.0|26,154|5.0|18,291| |EEEmerging+|||7.5|28,022|10.0|36,583| |Music4U|||7.5|28,022|5.0|18,291| |NCEM Education
Programme|||12.0|44,834|16.0|58,532| |NCEM Composers
Award|||7.0|26,154|5.0|18,291| |York Minster Mystery|Plays Archive||0.5|1,868|0.5|1,829| |NCEM Young Artists|Competition||2.5|9,341|13.0|47,557| |BBCNew Generation|Baroque Ensemble||8.0|29,890|5.0|18,291| |Arts & Health
Programme|||5.0|18,680|5.0|18,291| |Development
Costs|||9.0|33,626|2.0|7,317| ||||1000|373,623|100.0|365,824| ## ||||Grants to|institutions| |---|---|---|---|---| ||||2021|2020| |||||6| |Music4U||||| |East|Riding ofYorkshire|Council|10,500|11,250| |Hull
City|City Council
ofYork Council||10,500
10,500|11,250
11,250| ||||31,500|33,750| ## ## ## ## |is incorpo|rated
in Engl|rated
in Engl|rated
in Engl|and|and Wales. A summa|and Wales. A summa|ry
ofthe trading|results
is shown
belo|w| |---|---|---|---|---|---|---|---|---|---| |Summary|statement|||of|income and retained||earnings||| |||||||||2021f|2020
8| |Turnover||||||||16,053|71,633| |Cost ofsales||||||||(3,854)|(25,665)| |Gross profit||||||||12,199|45,968| |Expenses||||||||(11,146)|(10,955)| |Net profit||||||||1,053|35,013| |Gift Aid||||||||(1,053)|(35,013)| |Retained|by subsidiary||||||||| |Intercompany||transactions|||||||| |Rent||||||||10,000|10,000| |Gift Aid||||||||1,053|35,013| |Net profit|from|trading||subsidiary||||11,053|45,013| |The assets and habilities|||||ofthe subsidiary|are:|||| |Current assets||||||||38,359|66,480| |Creditors:|amounts||falling||due within one|year||(38,358)|(66,479)| |Total net|assets||||||||| |Aggregate|share capital and reserves||||||||| ## ## ## ## |ANALYSIS OF STAFF COSTS||| |---|---|---| ||2021|2020| ||F|| |Salaries and wages
Social security
Pension costs|165,805
13,079
24,517|170,873
13,188
24,308| |Other benefits|3,000|3,000| ||206,401|211,369| |2021|2020| |---|---| |F|F| |Average|number of employees| |---|---| |Full time|equivalents| ## ## ## ## ## ## |TANGIBLE FIXEDASSE|TS||||| |---|---|---|---|---|---| |Group and charity|Long leasehold|land|||| ||and buildings||Instruments|Equipment|Total| ||6||8|F|6| |Cost or valuation|||||| |At 1 Apnl 2020|1,539,965||91,231|391,482|2,022,678| |Additions||||67,563|67,563| |Disposals||||(19,783)|(19,783)| |At 31 March 2021|1,539,965||91,231|439,262|2,070,458| |Depreciation|||||| |At 1 April 2020|153,910||60,525|251,462|465,897| |Charge for year|12,320||1,554|55,343|69,217| |Disposals||||(19,674)|(19,674)| ||||||tVU| |Net book value|||||| |At 31 March 2021|1,373,735||29,152|152,131|1,555,018| |At 31 March 2020|1,386,055||30,706|140,020|1,556,781| ## ## ## ## ## |||||2021||2020|2020| |---|---|---|---|---|---|---|---| |||||Charity|Group|Charity|Group| |||||F||6|F| ||Trade debtors|||2,546|4,666|5,270|11,423| ||Amounts
due from trading
Prepay ments
Accrued income||subsidiary|11,052
4,735
40,271|4,735
40,271|46,077
29,231
44,100|29,231
44,100| ||Other taxes|||7,099|6,689|10,442|10,731| |||||65,703|56,361|135120|95485| |18|CREDITORS: Amounts||falling due|within one year|||| |||||2021|||2020| |||||Charity|Group|Charity|Group| |||||F|F|F|6| ||Trade creditors|||45,961|46,172|16,698|20,021| ||Other creditors|||1,181|1,181|1,399|1,399| ||Other taxes|||34|34|34|34| ||Deferred
Accru ala|income (note 19)||32,681
2,650|56,876
3,550|65,043
2,575|81,223
3,475| |||||82,507|107,813|85,749|106,152| |19.|DEFERRED INCOME||||||| |||||2021|||2020| |||||Charity|Group|Charity|Group| |||||F|F|6|F| ||Deferred|income brought|forward|65,043|81,223|95,083|111,858| ||Released
Deferred|in the year
in the year||(52,348)
19,986|(57,855)
33,508|(93,083)
63,043|(107,333)
76,698| ||Deferred|income carried|forward|32,681|56,876|65,043|81,223| ## ## ## ## ## |ANALYSIS||OF G|RO|UP|NET A|SSETS BY|FUND|FUND|FUND||| |---|---|---|---|---|---|---|---|---|---|---|---| |2021|||||||Fixed assets|||Net current|| ||||||||(chanty||use)|assets/(liabilities)|Total| |||||||||6||F|F| |Restricted|funds|||||||1,545,|596|344,562|1,890,158| |General
unrestricted||||fund||||9,422||115,488|124,910| |Designated||funds||||||||162,847|162,847| |||||||||1,555,018||622,897|2,177,915| |2020|||||||Fixed assets|||Net current|| ||||||||(charity||use)|assets/(liabilities)|Total| |||||||||6||6|| |Restncted|funds|||||||1,545,302||276,849|1,822,151| |General
unrestricted||||fund||||11,479||114,437|125,916| |Designated||funds||||||||162,847|162,847| |||||||||1,556,781||554,133|2,110,914| |ANALYSIS||OF CHARITY|||FUNDS||||||| |2021||||||At|||||At| ||||||01.04.2020||Income|Expenditure||Transfer|31.03.2021| ||||||||6||6|8|F| |Unrestricted||Funds|||||||||| |General
funds||||||125,916|492,138|(493,144)|||124,910| |Designated||Funds|||||||||| |Maintenance||Funds|||||||||| |- General||||||115,500|||||115,500| |—Musical||Instruments||||22,854|||||22,854| |York Early|Music||Festival||Fund|15,000|||||15,000| |Legacy||||||9,493|||||9,493| |Total Unrestricted|||Funds|||288,763|492,138|(493,144)|||287,757| |2020||||||At|||||At| ||||||01.04.2019||Income|Expenditure||Transfer|31.03.2020| |||||||F|||6|6|| |Unrestricted||Funds|||||||||| |General
funds||||||118,253|644,257|(636,594)|||125,916| |Designated||Funds|||||||||| |Maintenance||Funds|||||||||| |- General||||||115,500|||||115,500| |—Musical||Instruments||||22,854|||||22,854| |York Early|Music||Festival||Fund|15,000|||||15,000| |Legacy||||||10,000|||(507)||9,493| |Total Unrestricted|||Funds|||281,607|644,257|(637,101)|||288,763| ## ## ## ## |The NCEM received
a Le
emerging
ensembles.|gac|y of 510,000|in 2017/18|to support
future|projects sup|porting
youn| |---|---|---|---|---|---|---| |2021||At||||At| ||01.04.2020||Income|Expenditure|Transfer|31.03.2021| ||||E||E|E| |Restricted Funds - Fixed|Assets|||||| |Property
Fund
Capital Grants
Fund||1,386,055
159,247||(12,320)
(51,772)|64,387|1,373,735
171,862| |Restricted
Funds - Other||||||| |Arts Council Capital Programm
Arts Council Capital Kickstart
Arts Council CRF
Catalyst Artistic Fund
Music4U (2018-2021)
John Marvin
Fund||e 52,121
39,712
30,707
700|14,535
30,200
45,000
45,123|(7,000)
(41,631)|(38,695)
(25,692)|27,961
4,508
38,000
39,712
34,199
700| |Beverley E M Festival
NCEM Education
Fund
Mayfield
Valley Arts Trust
York Early Music Festival
York Mystery
Plays Archive
EEEmerging+
Arts &Wellbeing
Fund
IYAC Donation
Family Friendly
Donation
BBCNew Gen Donation||9,031
12,757
5,104
78,695
996
20,836
285
8,500
7,912
9,493|9,260
3,448
30,000
15,000
3,530|(6,368)
(3,448)
(11,543)
(602)
(3,500)
(1,905)||11,923
12,757
23,561
93,695
394
17,336
1,910
8,500
7,912
9,493| |IYAC Fund|||5,000|||5,000| |Young Artists
Fund|||7,000|||7,000| |Total Restricted
Funds||1,822,151|208,096|(140,089)||1,890,158| |2020||At||||At| ||01.04.2019||Income|Expenditure|Transfer|31.03.2020| |||F|F|8|F|E| |Restricted Funds - Fixed|Assets|||||| |Property
Fund
Capital Grants Fund||1,398,375
61,481||(12,320)
(9,726)|107,492|1,386,055
159,247| |Restricted Funds - Other||||||| |Arts Council Capital Progra
Catalyst Artistic Fund
Music4U (2014-2015)
Music4U (2018-2021)
John Marvin
Fund|mme 14,999
42,842
2,633
29,803
700||180,445
51,668|(35,831)
(3,130)
(50,764)|(107,492)
(2,633)|52,121
39,712
30,707
700| |Beverley E M Festival
NCEM Education
Fund
Mayfield
Valley Arts Trust
York Early Music Festival
York Mystery
Plays Archive
EEEmerging+
Arts 8 Wellbeing
Fund
IYAC Donation
Family Friendly
Donation
BBCNew Gen Donation||2,611
11,807
5,545
54,670
1,928
189
20,000
8,412|9,260
2,751
30,000
34,020
24,212
3,543
10,000|(2,840)
(4,434)
(30,441)
(9,995)
(932)
(3,376)
(3,447)
(11,500)
(500)
(507)|2,633|9,031
12,757
5,104
78,695
996
20,836
285
8,500
7,912
9,493| |IYAC Fund
Composers
Award|||584
1,695|(584)
(1,695)||| |Total Restricted
Funds||1,655,995|348,178|(182,022)||1,822, 151| ## ## ## ## ## ## ## ## ## ## ## |COMPARATIVE
CONSOLIDATED
STATE|MENT OF FINANC|IAL ACTIVITI|ES|| |---|---|---|---|---| |Note|Unrestricted|Designated
6|Restricted|Totalf| |INCOME||||| |Donations
8 legacies
Raising funds
Charitable
activities|35,294
134,349
469,404||44,452
303,726|79,746
134,349
773,130| |Investment
income|2,210|||2,210| |Other income|3,000|||3,000| |TOTAL INCOME|644,257||348,178|992,435| |EXPENDITURE||||| |Raising funds
Charitable
activities|79,293
557,301|507|182,022|79,293
739,830| |TOTAL EXPENDITURE|636,594|507|182,022|819,123| |NET INCOME/(EXPENDITURE)
FOR THE YEAR|7,663|(507)|166,156|173,312| |FUNDS BROUGHT FORWARD AT||||| |1 APRIL 2019|118,253|163,354|1,655,995|1,937,602| |FUNDS CARRIED FORWARD AT||||| |31 MARCH 2020|125,916|162,847|1,822,151|2,110,914| ## ## ## ## ## ## |||2021|||2020|| |---|---|---|---|---|---|---| ||||F|||| |TOTAL INCOME|||695,234|||965,815| |Charitable
activities
NCEM Promotions
York Early Music Festival
Beverly
Early Music Festival
York Early Music Christmas
Festival
EEEmerging+
Young Artists Residency
BBC New Generation
Baroque Ensemble
Music4U
Early Music Research
NCEM Education
Programme
NCEM Composers
Award
York Mystery Plays Archive
REMA Expenses
Restricted
Property
Funds
NCEM Young Artists Competition
Arts 8 Health
Programme
Development
Costs
Audience
Development|102,073
80,616
21,654
68,934
33,289
10,000
25,193
64,846
55
46,604
31,669
2,000
638
64,092
7,965
18,552
15,477
17,838|||84,757
174,842
53,600
56,257
33,087
2,043
16,410
66, 161
140
68,380
21,459
2,017
749
57,877
70,213
18,831
6,159
6,848||| |Direct charitable
expenditure|611,495|||739,830||| |Raising funds
Marketing
and promotion
Business development
Bar purchases
Costs associated
with hire ofchurch|9,946
2,434
1,048
3,310|||22,370
6,422
19,549
4,332||| ||16,738|||52,673||| |TOTAL EXPENDITURE|||628,233|||792,503| |NETINCOME/(EXPENDITURE)|||67,001|||173,312| ##