## 



|INDEX||||
|---|---|---|---|
||||PAGE|
|TRUSTEES' REPORT|||1-13|
|INDEPENDENT|AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES||14 - 17|
|CONSOLIDATED|STATEMENT OF FINANCIAL ACTIVITIES||18|
|CONSOLIDATED|BALANCE SHEET||19|
|CHARITY ONLY|BALANCE SHEET||20|
|CONSOLIDATED|CASH FLOW STATEMENT||21|
|CHARITY ONLY|CASH FLOW STATEMENT||22|
|NOTES TO THE|ACCOUNTS||23-39|
|The following<br>pages do not form part ofthe statutory||accounts||
|DETAILED CHARITY ONLY INCOME AND EXPENDITURE ACCOUNT|||41 -42|





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|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS|||
|---|---|---|---|---|---|---|
|Charity|number|||1068331|||
|Company||number||3499629|||
|Administration|||office address|National<br>Centre for|Early Music||
|||||St Margaret's<br>Church|||
|||||Walmg ate|||
|||||York YO1 9TL|||
|||||Telephone: 01904|645738||
|Trustees||||P M Murphy<br>(Chairman)|||
|||||A Datta (appointed|24 September 2021)||
|||||Professor P C Fox|||
|||||VJohnson<br>(appointed<br>24 September 2021)|||
|||||M L McGregor|||
|||||SA R Procter|||
|||||M J Stancliffe|||
|||||P A Tyack|||
|Key Management|||Personnel|Dr Delma Tomlin MBE - Chief Executive/Company||Secretary|
|||||Cherry Fricker ACA- Director of Finance and Operations|||
|Auditor||||Nigel Clemit ACA FCCA|||
|||||JWPCreers<br>LLP|||
|||||Chartered<br>Accountants|||
|||||Registered<br>Auditors|||
|||||Genesis 5|||
|||||Church<br>Lane|||
|||||Heslington|||
|||||York YO10 5DQ|||
|Bankers||||HSBC Bank pic|||
|||||PO Box26|||
|||||13Parliament<br>Street|||
|||||York YO1 SXS|||
|Solicitors||||Harrowells<br>LLP|||
|||||Moorgate<br>House|||
|||||Clifton Moorgate|||
|||||York YO30 4WY|||




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## 

|py<br>document.|py<br>document.|py<br>document.||y<br>qu<br>an<br>with tose o the charitys<br>go|y<br>qu<br>an<br>with tose o the charitys<br>go|verning|
|---|---|---|---|---|---|---|
|The York Early Music Foundation|||is managed|by a Board ofTrustees<br>which<br>during<br>the year comprised||of:|
|Anita Datta|Trustee|||Freelance musician|||
||(appointed|24.09.21)||Conductor<br>and Founder,<br>The Swan Consort|||
|||||Trustee,<br>English<br>Touring Opera|||
|Prof. Christopher<br>Fox|Trustee|||Composer<br>Honorary<br>Professor of Music, University<br>ofYork|||
|||||Emeritus Professor of Music, Brunel University|London||
|||||Editor, TEMPO, Cambridge<br>University<br>Press|||
|Victoria Johnson|Trustee|||Precentor,<br>York Minster|||
||(appointed|24.09.21)||Trustee, Ryedale Festival Trust Limited|||
|Derri Lewis|Associate|Trustee||Composer|||
||(appointed|24.09.21)|||||
|Menna McGregor|Trustee|||Governor,<br>Royal Central School ofSpeech and|Drama||
|||||Governor,<br>The Royal Ballet School|||
|||||Trustee,<br>The Royal Ballet School Endowment|Fund||
|||||Director,<br>TRBS Enterprises<br>Limited|||
|||||Trustee,<br>J Edward<br>Conway<br>Fund|||
|||||Clerk to the Governors,<br>Alleyn's School|||
|Paul Murphy|Chairman|||Freelance Consultant|||
||(wef from|24.09.21)||Chair of the Tees, Esk and Wear Valleys<br>NHS|Mental|Health|
|||||Trust|||
|||||Chair ofthe York and North Yorkshire Welfare Benefits||Unit|
|Dr Simon Procter|Trustee|||Director ofMusic Services, Nordoff Robbins|||
|Martin Stancliffe|Trustee|||Architect specialising<br>in the conservation<br>of historic buildings|||
|||||Surveyor<br>Emeritus,<br>St Paula Cathedral|||
|||||Chairman,<br>York<br>Consortium<br>for<br>Conservation||and|
|||||Craftmanship|||
|||||Member,<br>York Minster Fabric Advisory<br>Committee|||
|||||Member,<br>Canterbury<br>Cathedral<br>Fabric Advisory|Committee||
|||||Director, The Landmark<br>Trustee Company<br>Limited|||
|Paul Tyack|Trustee|||Director ofAdvancement,<br>Newcastle<br>University|||





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||||||2022|2021|
|---|---|---|---|---|---|---|
||Note|Unrestricted<br>8|Designated|Restricted<br>f|Total<br>8|Totalf|
|INCOME|||||||
|Doriations<br>&legacies||35,250||13,500|48,750|74,613|
|Raising funds||103,209|10,000||113,209|33,495|
|Charitable<br>activities||432,205|22,200|59,455|513,860|570,786|
|Investment<br>income||1,021|||1,021|1,589|
|Other income||6,393|||6,393|19,751|
|TOTAL INCOME||578,078|32,200|72,955|683,233|700,234|
|EXPENDITURE|||||||
|Raising funds|7|57,732|||57,732|21,738|
|Charitable<br>activities|8|518,190||173,626|691,816|611,495|
|TOTAL EXPENDITURE||575,922||173,626|749,548|633,233|
|NET INCOME/(EXPENDITURE)|||||||
|FOR THE YEAR||2,156|32,200|(100,671)|(66,315)|67,001|
|FUNDS BROUGHT FORWARD AT|||||||
|1 APRIL 2021||124,910|162,847|1,890,158|2,177,915|2,110,914|
|FUNDS CARRIED FORWARD AT|||||||
|31 MARCH 2022||127,066|195,047|1,789,487|2,111,600|2,177,915|





## 

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## 

||Note||2022||2021f|
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible assets|15|||1,503,722|1,555,018|
|CURRENT ASSETS||||||
|Debtors|17|48,402|||56,361|
|Cash at bank and<br>in hand||722,475|||674,349|
|||770,877|||730,710|
|CURRENT LIABILITIES||||||
|Creditors<br>falling due within one||||||
|year|18|162,999|||107,813|
|NET CURRENT ASSETS||||607,878|622,897|
|TOTAL ASSETS LESS||||||
|CURRENT LIABILITIES||||2,111,600|2,177,915|
|NET ASSETS|20|||2,111,600|2,177,915|
|FUNDS||||||
|General unrestricted<br>funds|21|127,066|||124,910|
|Designated<br>funds|21|195,047|||162,847|
|Total unrestricted<br>funds||||322,113|287,757|
|Restricted funds —fixed assets|21|||1,496,098|1,545,596|
|Restricted funds —other|21|||293,389|344,562|
|TOTAL FUNDS||||2,111,600|2,177,915|



## 

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## 

||Note||2022||2021<br>f|
|---|---|---|---|---|---|
|FIXED ASSETS||||||
|Tangible assets<br>Investments|15<br>16|||1,503,722<br>1|1,555,018<br>1|
|CURRENT ASSETS||||1,503,723|1,555,019|
|Debtors<br>Cash at bank and<br>in hand|17|88,830<br>648,276|||65,703<br>639,700|
|CURRENT LIABILITIES||737,106|||705,403|
|Creditors<br>falling due within one||||||
|year|18|129,229|||82,507|
|NET CURRENT ASSETS||||607,877|622,896|
|TOTAL ASSETS LESS||||||
|CURRENT LIABILITIES||||2,111,600|2,177,915|
|NET ASSETS||||2,111,600|2,177,915|
|CHARITY FUNDS||||||
|General<br>unrestricted<br>funds|21|127,066|||124,910|
|Designated<br>funds|21|195,047|||162,847|
|Total unrestricted<br>funds||||322,113|287,757|
|Restricted funds —fixed assets<br>Restricted funds —other|21<br>21|||1,496,098<br>293,389|1,545,596<br>344,562|
|TOTAL CHARITY FUNDS||||2,111,600|2,177,915|



## 

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|||||||Note|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||F|L|
||Cash flows from operating||activities:||||||
||Net cash provided<br>by/(used||in)|operating|||||
||activities|||||1|54,430|175,523|
||Net cash flows from investing|||activities:|||||
||Interest received||||||1,021|1,589|
||Receipts from disposal oftangible fixed||||assets||1,780||
||Payments<br>to acquire tangible||fixed assets||||(9,105)|(67,563)|
||Change<br>in cash and cash|equivalents|||in|the year|48,126|109,549|
||Cash and cash equivalents|at 1 April 2021|||||674,349|564,800|
||Cash and equivalents<br>at 31 March 2022|||||2|722,475|674,349|
|1.|RECONCILIATION<br>OF NET||INCOME/(EXPENDITURE)||||TO NET CASH FLOW FROM|OPERATING|
||ACTIVITIES||||||||
||||||||2022|2021|
|||||||||8|
||Net income/(expenditure)|for||the year|||(66,315)|67,001|
||Adjustments<br>for:||||||||
||Depreciation<br>oftangible<br>fixed assets||||||60,401|69,217|
||Loss/(profit)<br>on sale oftangible|||fixed assets|||(1,780)|109|
||Interest received||||||(1,021)|(1,589)|
||Decrease/(increase)<br>in debtors||||||9,959|37,124|
||(Decrease)/increase<br>in creditors||||||53,186|3,661|
||Net cash provided<br>by/(used||in) operating|||activities|54,430|175,523|
|2.|ANALYSIS OF CASH AND||CASH EQUIVALENTS||||||
||||||||2022|2021|
||||||||6||
||Cash at bank and<br>in hand||||||722,475|674,349|





## 

## 

||||Note|||
|---|---|---|---|---|---|
|||||2022f|2021|
||Cash flows from operating<br>activities:|||||
||Net cash provided<br>by/(used<br>in) operating|||||
||activities||1|14,880|200,913|
||Net cash flows from investing<br>activities:|||||
||Interest received|||1,021|1,589|
||Receipts from disposal oftangible<br>fixed|assets||1,780||
||Payments<br>to acquire tangible<br>fixed assets|||(9,105)|(67,563)|
||Change<br>in cash and cash equivalents|in|the year|8,576|134,939|
||Cash and cash equivalents<br>at 1 April 2021|||639,700|504,761|
||Cash and equivalents<br>at 31 March 2022||2|648,276|639,700|
|1.|RECONCILIATION<br>OF NET INCOME/(EXPENDITURE)|||TO NET CASH FLOW FROM|OPERATING|
||ACTIVITIES|||||
|||||2022<br>6|2021f|
||Net income/(expenditure)<br>for the year|||(66,315)|67,001|
||Adjustments<br>for:|||||
||Depreciation<br>oftangible<br>fixed assets|||60,401|69,217|
||Loss/(profit)<br>on sale oftangible<br>fixed assets|||(1,780)|109|
||Interest received<br>Decrease/(increase)<br>in debtors|||(1,021)<br>(23,127)|(1,589)<br>69,417|
||(Decrease)/increase<br>in creditors|||46,722|(3,242)|
||Net cash provided<br>by/(used<br>in) operating||activities|14,880|200,913|
|2.|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||
|||||2022|2021|
||||||6|
||Cash at bank and<br>in hand|||648,276|639,700|





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|DONATIONS<br>&LEGACIES|||||
|---|---|---|---|---|
|2022|Unrestricted|Designated|Restricted|Total|
||funds|funds|funds|2022|
||f.|f||F.|
|Donations|28,376||9,750|38,126|
|Subscriptions|3,110|||3,110|
|Gift Aid|3,764||3,750|7,514|
||35,250||13,500|48,750|
|2021|Unrestricted|Designated|Restricted|Total|
||funds<br>F|funds<br>f|funds<br>f|2021<br>F|
|Donations|43,532||27,025|70,557|
|Subscriptions|4,056|||4,056|
|Gift Aid|||||
||47,588||27,025|74,613|



## 

## 

|RAISING|FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Designated|Total|Unrestricted|Designated|Total|
|||||funds|funds|2022|funds|funds|2021|
|||||f|F|F|f|f|F.|
|Trading<br>subsidiary||(Note|10)|50,170|10,000|60,170|16,053||16,053|
|BoxOffice|Commission|||5,261||5,261|462||462|
|Hire ofChurch||||15,915||15,915|6,600||6,600|
|Bar Sales||||24,726||24,726|2,194||2,194|
|Instrument|& Equipment||hire|5,458||5,458|5,743||5,743|
|Other activities income||||168||168|148||148|
|Recording|fees|||950||950|2,295||2,295|
|PRSincome||||561||561||||
|||||103,209|10,000|113,209|33,495||33,495|





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## 

|2022||||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||||funds<br>f|funds<br>f|funds|2022|
|Arts Council England,<br>Yorkshire:||||||||
|Annual<br>grant||||275,444|||275,444|
|Capital grant||||||||
|Capital Kickstart grant||||||2,800|2,800|
|Culture Recovery Fund|grant||1|5,000|||5,000|
|Culture Recovery Fund|grant||2|25,000|||25,000|
|Mayfield<br>Valley Arts Trust||||||14,740|14,740|
|City ofYork Council:||||||||
|Annual<br>grant<br>Festival grant||||4,600<br>3,546|||4,600<br>3,546|
|Covid support<br>grants<br>East Riding ofYorkshire|Council|||18,000|22,200|15,000|40,200<br>15,000|
|Music4U||||||||
|Youth Music||||7,427||7,573|15,000|
|Hull City Council||||||||
|East Riding of Yorkshire|Council|||||||
|York Music Hub||||||||
|Other income||||||5,695|5,695|
|I Can Play (York)||||||2,000|2,000|
|Trusts &Foundations||||||459|459|
|EEEmerging+||||||11,188|11,188|
|York Early Music Festival||||28,147|||28,147|
|Beverley Early Music Festival||||12,728|||12,728|
|York Early Music Christmas<br>NCEM Season Programme||Festival||22,585<br>29,728|||22,585<br>29,728|
|||||432,205|22,200|59,455|513,860|





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## 

|2021|||||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds<br>6|funds|fundsf|2021<br>f|
|Arts Council England,|Yorkshire||||||||
|Annual<br>grant|||||275,444|||275,444|
|Capital grant|||||||14,510|14,510|
|Capital Kickstart grant|||||||25,200|25,200|
|Culture Recovery Fund||grant||1|||45,000|45,000|
|Culture<br>Recovery Fund||grant||2|||||
|Mayfield<br>Valley Arts Trust|||||||30,000|30,000|
|City ofYork Council|||||||||
|Annual<br>grant|||||4,600|||4,600|
|Festival grant|||||3,816|||3,816|
|Covid support<br>grants|||||39,143|||39,143|
|East Riding of Yorkshire||Council|||||9,260|9,260|
|Music4U|||||||||
|Youth Music|||||20,000||25,000|45,000|
|Hull City Council|||||||6,000|6,000|
|East Riding ofYorkshire||Council|||||6,000|6,000|
|York Music Hub|||||||6,000|6,000|
|Other income|||||||2,123|2,123|
|I Can Play (York)|||||||||
|Trusts 8 Foundations|||||||11,978|11,978|
|EEEmerging+|||||||||
|York Early Music Festival|||||13,787|||13,787|
|Beverley Early Music|Festival||||||||
|York Early Music Christmas|||Festival||17,824|||17,824|
|NCEM Season Programme|||||15,101|||15,101|
||||||389,715||181,071|570,786|



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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||and total|and total|
||||2022|2021|
||||6|6|
|Coronavirus|Job Retention|Scheme|613|15,751|
|Employment|Allowance||4,000|4,000|
|Profit on disposal offixed||assets|1,780||
||||6,393|19,751|





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||and total|and total|
|||||Note|2022f|2021|
|Marketing<br>and promotion<br>Business development<br>Bar costs<br>Costs associated<br>with external||hire|||17,174<br>6,029<br>17,192<br>4,458|9,946<br>3,580<br>1,048<br>3,310|
|Trading<br>subsidiary||||10|12,879|3,854|
||||||57,732|21,738|
|EXPENDITURE - CHARITABLE ACTIVITIES|||||||
|2022|||Unrestricted|Designated|Restricted|Total|
||||funds<br>f|funds<br>f|fundsf|2022<br>6|
|NCEM Promotions|||87,409||6,955|94,364|
|York Early Music Festival|||116,896||650|117,546|
|Beverley Early Music Festival|||24,471||23,875|48,346|
|York Early Music Christmas|Festival||57,487||17,539|75,026|
|EEEmerging+|||36,616||12,680|49,296|
|Young Artists Residencies|||||||
|Music4U|||25,610||36,906|62,516|
|I Can Play|||||2,431|2,431|
|Early Music Research|||||||
|Cultural<br>Commissioning<br>Project|||18,206||1,910|20,116|
|NCEM Education<br>Programme|||36,973||8,479|45,452|
|NCEM Composers<br>Award|||29,644||5,000|34,644|
|York Mystery Plays Archive|||1,765||394|2,159|
|REMA expenses|||||||
|Restricted<br>Property<br>Fund|||||56,807|56,807|
|NCEM Young Artists Competition|||19,273|||19,273|
|Development<br>Costs|||17,073|||17,073|
|Audience<br>Development|||17,427|||17,427|
|BBCNew Generation<br>Baroque Ensemble|||29,340|||29,340|
||||518,190||173,626|691,816|





## 

## 

## 

|2021|||||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|2021|
||||||6||6|6|
|NCEM Promotions|||||100,892||1,181|102,073|
|York Early Music Festival|||||80,616|||80,616|
|Beverley Early Music||Festival|||15,286||6,368|21,654|
|York Early Music Christmas||||Festival|61,934||7,000|68,934|
|EEEmerging+|||||29,789||3,500|33,289|
|Young Artists Residencies|||||10,000|||10,000|
|Music4U|||||23,215||41,631|64,846|
|I Can Play|||||||||
|Early Music Research|||||55|||55|
|Cultural<br>Commissioning|||Project||16,647||1,905|18,552|
|NCEM Education<br>Programme|||||37,794||8,810|46,604|
|NCEM Composers|Award||||26,669||5,000|31,669|
|York Mystery<br>Plays|Archive||||1,398||602|2,000|
|REMA expenses|||||638|||638|
|Restricted<br>Property|Fund||||||64,092|64,092|
|NCEM Young Artists Competition|||||7,965|||7,965|
|Development<br>Costs|||||15,477|||15,477|
|Audience<br>Development|||||17,838|||17,838|
|BBCNew Generation||Baroque Ensemble|||25,193|||25,193|
||||||471,406||140,089|611,495|
|Support costs|||||||||
||||||||2022<br>F|2021f|
|Premises costs|||||||26,811|17,529|
|Administration<br>and|office||costs||||236,104|217,836|
|Insurances|||||||21,250|20,870|
|Maintenance|||||||46,687|41,972|
|Governance|||||||7,015|6,090|
|Depreciation|||||||60,401|69,217|
|Loss on disposal of|fixed||assets|||||109|
||||||||398,268|373,623|





## 

## 

## 

|||||Total||Total|
|---|---|---|---|---|---|---|
|||||2022||2021|
||||0/|6|0/|F|
|NCEM Promotions|||15.0|59,740|15.0|56,043|
|York Early Music Festival|||16.0|63,723|16.0|59,780|
|Beverley Early Music|Festival||3.0|11,948|3.0|11,209|
|York Early Music Christmas||Festival|7.0|27,879|7.0|26,154|
|EEEmerging+|||7.5|29,870|7.5|28,022|
|Music4U|||7.5|29,870|7.5|28,022|
|NCEM Education<br>Programme|||12.0|47,793|12.0|44,834|
|NCEM Composers<br>Award|||7.0|27,879|7.0|26,154|
|York Minster<br>Mystery|Plays Archive||0,5|1,991|0.5|1,868|
|NCEM Young Artists <br>BBCNew Generation|Competition<br>Baroque Ensemble||2.5<br>8.0|9,957<br>31,861|2.5<br>8.0|9,341<br>29,890|
|Arts & Health<br>Programme|||5.0|19,913|5.0|18,680|
|Development<br>Costs|||9.0|35,844|9.0|33,626|
||||100.0|398,268|100.0|373,623|



## 

|Grants<br>p|ayable<br>relate to the|charity's<br>objectives|and are analysed<br>as follows:|and are analysed<br>as follows:|
|---|---|---|---|---|
||||Grants to institutions||
||||2022|2021|
||||F|6|
|Music4U|||||
|East|Riding ofYorkshire|Council||10,500|
|Hull|City Council|||10,500|
|City|ofYork Council|||10,500|
|||||31,500|





## 

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## 

|Summary|sta|teme|nt|of|income and ret|ained earnings|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||6|6|
|Turnover|||||||60,170|16,053|
|Cost ofsales|||||||(12,879)|(3,854)|
|Gross profit|||||||47,291|12,199|
|Expenses|||||||(11,011)|(11,146)|
|Net profit|||||||36,280|1,053|
|Gift Aid|||||||(36,280)|(1,053)|
|Retained|by subsidiary||||||||
|Intercompany||transactions|||||||
|Rent|||||||10,000|10,000|
|Gift Aid|||||||36,280|1,053|
|Net profit|from|trading||subsidiary|||46,280|11,053|
|The assets and liabilities|||||ofthe subsidiary|are:|||
|Current assets|||||||80,368|38,359|
|Creditors:|amounts||falling||due within one|year|(80,367)|(38,358)|
|Total net|assets||||||||
|Aggregate|share capital and reserves||||||||





## 

## 

## 

## 

|ANALYSIS OF STAFF COSTS|||
|---|---|---|
||2022|2021|
||6|6|
|Salaries and wages|185,492|165,805|
|Social security|15,246|13,079|
|Pension costs|24,860|24,517|
|Other benefits|3,000|3,000|
||228,598|206,401|



|The reimbursement<br>ofTrustees e|xpenses was as follows:||||||
|---|---|---|---|---|---|---|
||No.|2022|6|No.|2021|f|
|Total|1||104||||



## 

## 

## 

## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|6|
|Average<br>number<br>ofemployees|||||||
|Full time equivalents|||||||
|PENSION SCHEME|||||||
|The pension<br>contributions<br>are paid||directly to the employees'||defined|contribution|personal<br>p|
|schemes<br>invested<br>with|Aviva, Standard||Life and NEST.||||
|MOVEMENT<br>IN TOTAL FUNDS FOR THE YEAR|||||||
|This is stated after charging:|||||||
||||||2022|2021|
||||||6|6|
|Auditors'<br>remuneration|-audit (net)||||3,550|3,525|
|Depreciation<br>oftangible|fixed assets||||60,401|69,217|
|(Profit)/loss<br>on disposal|oftangible|fixed assets|||(1,780)|109|
|Foreign exchange (gains)/losses|||||464|2,915|





## 

## 

## 

## 

|15.|TANGIBLE FIXEDASS|ETS|||||
|---|---|---|---|---|---|---|
||Group and charity|Long leasehold|land||||
|||and buildings||Instruments|Equipment|Total|
|||E||E|E|6|
||Cost or valuation||||||
||At 1 April 2021|1,539,965||91,231|439,262|2,070,458|
||Additions<br>Disposals||||9,105<br>(10,892)|9,105<br>(10,892)|
||At 31 March 2022|1,539,965||91,231|437,475|2,068,671|
||Depreciation||||||
||At 1 April 2021<br>Charge for year|166,230<br>12,320||62,079<br>1,480|287,131<br>46,601|515,440<br>60,401|
||Disposals||||(10,892)|(10,892)|
||At 31 March 2022|178,550||63,559|322,840|564,949|
||Net book value||||||
||At 31 March 2022|1,361,415||27,672|114,635|1,503,722|
||At 31 March 2021|1,373,735||29,152|152,131|1,555,018|
|16.|INVESTMENTS||||||
||Charity|||||York|
|||||||Early Music|
|||||||Enterprises|
|||||||Limited|
|||||||F|
||Cost||||||
||At 1 April 2021 and 31 March 2022||||||
||Net book value||||||
||At 31 March 2022||||||
||At 31 March 2021||||||





## 

## 

## 


|DEBTORS||||||||
|---|---|---|---|---|---|---|---|
||||2022|||2021||
|||Charity<br>f||Groupf|Charity<br>f.||Group|
|Trade debtors||8,756||14,926|2,546||4,666|
|Amounts<br>due from trading|subsidiary|46,598|||11,052|||
|Prepayments||30,439||30,439|4,735||4,735|
|Accrued income||3,037||3,037|40,271||40,271|
|Other taxes|||||7,099||6,689|
|||88,830||48,402|65,703||56,361|



## 

|CREDIT|ORS: Amounts|falling du|e within on|e year||||
|---|---|---|---|---|---|---|---|
|||||2022|||2021|
||||Charity<br>f||Group|Charity<br>f|Group<br>f|
|Trade creditors|||32,256||32,256|45,961|46,172|
|Other creditors|||1,090||1,090|1,181|1,181|
|Othertaxes|||6,841||10,826|34|34|
|Deferred|income (note 19)||83,392||112,277|32,681|56,876|
|Accruals|||5,650||6,550|2,650|3,550|
||||129,229||162,999|82,507|107,813|
|DEFERRED INCOME||||||||
|||||2022|||2021|
||||Charity<br>f||Group<br>f|Charity<br>f|Group|
|Deferred|income brought|forward|32,681||56,876|65,043|81,223|
|Released|in the year||(21,715)||(35,941)|(52,348)|(57,855)|
|Deferred|in the year||72,426||91,342|19,986|33,508|
|Deferred|income carried|forward|83,392||112,277|32,681|56,876|



## 



## 

## 

## 

## 

## 

## 

|ANALYSIS OF GRO|UP|NET|ASSETS BY|FUND|FUND|||
|---|---|---|---|---|---|---|---|
|2022||||Fixed assets||Net current||
||||||(charity use)<br>f|assets/(liabilities)<br>6|Total<br>f|
|Restricted funds<br>General<br>unrestricted|fund||||1,496,098<br>7,624|293,389<br>119,442|1,789,487<br>127,066|
|Designated<br>funds||||||195,047|195,047|
||||||1,503,722|607,878|2,111,600|
|2021||||Fixed assets||Net current||
|||||(charity use)<br>8||assets/(liabilities)<br>6|Total<br>f|
|Restricted<br>funds|||||1,545,596|344,562|1,890,158|
|General<br>unrestricted|fund||||9,422|115,488|124,910|
|Designated<br>funds||||||162,847|162,847|
||||||1,555,018|622,897|2,177,915|
|ANALYSIS OF CHARITY||FUNDS||||||
|2022|||At||||At|
|||01.04.2021<br>F||Income<br>F|Expenditure<br>8|Transfer<br>6|31.03.2022<br>F|
|Unrestricted<br>Funds||||||||
|General funds|||124,910|578,078|(575,922)||127,066|
|Designated<br>Funds||||||||
|Maintenance<br>Funds||||||||
|-General<br>- Musical Instruments<br>City ofYork ARG<br>York Early Music Festival<br>Legacy||Fund|115,500<br>22,854<br>15,000<br>9,493|10,000<br>22,200|||125,500<br>22,854<br>22,200<br>15,000<br>9,493|
|Total Unrestricted<br>Funds|||287,757|610,278|(575,922)||322,113|
|2021|||At||||At|
|||01.04.2020<br>6||Income<br>f|Expenditure<br>F|Transfer<br>f|31.03.2021<br>F|
|Unrestricted<br>Funds||||||||
|General funds|||125,916|492,138|(493,144)||124,910|
|Designated<br>Funds||||||||
|Maintenance<br>Funds||||||||
|-General<br>- Musical Instruments<br>York Early Music Festival<br>Legacy||Fund|115,500<br>22,854<br>15,000<br>9,493||||115,500<br>22,854<br>15,000<br>9,493|
|Total Unrestricted<br>Funds|||288,763|492,138|(493,144)||287,757|





## 

## 

## 

|2022|At||||At|
|---|---|---|---|---|---|
||01.04.2021<br>6|Income<br>f|Expenditure<br>6|Transfer|31.03.2022<br>F|
|Restricted<br>Funds - Fixed Assets||||||
|Property<br>Fund<br>Capital Grants<br>Fund|1,373,735<br>171,861||(44,'4873|7,309|1,361,415<br>134,683|
|Restricted Funds - Other||||||
|Capital<br>Fund|27,962||||27,961|
|Arts Council Capital Kickstart<br>Arts Council CRF<br>Catalyst Artistic Fund<br>Music4U (2018-2021)<br>I Can Play (York)<br>John Marvin<br>Fund|4,508<br>38,000<br>39,712<br>34,199<br>700|2,800<br>13,268<br>2,250|(38,000)<br>(36,906)<br>(2,431)|(7,309)<br>(10,561)<br>10,561|39,712<br>10,380<br>700|
|Beverley E M Festival<br>NCEM Education<br>Fund<br>Mayfield<br>Valley Arts Trust<br>York Early Music Festival<br>York Mystery<br>Plays Archive<br>EEEmerging+<br>Arts &Wellbeing<br>Fund<br>IYAC Donation<br>Family Friendly<br>Donation<br>BBCNew Gen Donation|11,923<br>12,757<br>23,561<br>93,695<br>394<br>17,336<br>1,910<br>8,500<br>7,912<br>9,493|9,260<br>302<br>14,740<br>1,000<br>11,188<br>1,250<br>7,740|(9,260)<br>(302)<br>(13,936)<br>(1,000)<br>(394)<br>(12,680)<br>(1,910)||11,923<br>12,757<br>24,365<br>93,695<br>15,844<br>8,500<br>9,162<br>17,233|
|IYAC / Young Artists Fund|12,000|9,157|||21,157|
|Total Restricted Funds|1,890,158|72,955|(173,626)||1,789,487|





## 

## 

## 

## 

## 




## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

||Note|Unrestricted<br>B|Designated<br>f|Restricted<br>E|Total<br>f|
|---|---|---|---|---|---|
|INCOME||||||
|Donations<br>&legacies||47,588||27,025|74,613|
|Raising funds||33,495|||33,495|
|Charitable<br>activities||389,715||181,071|570,786|
|Investment<br>income||1,589|||1,589|
|Other income||19,751|||19,751|
|TOTAL INCOME||492,138||208,096|700,234|
|EXPENDITURE||||||
|Raising funds||21,738|||21,738|
|Charitable<br>activities||471,406||140,089|611,495|
|TOTAL EXPENDITURE||493,144||140,089|633,233|
|NET INCOME/(EXPENDITURE)||||||
|FOR THE YEAR||(1,006)||68,007|67,001|
|FUNDS BROUGHT FORWARD AT||||||
|1 APRIL 2020||125,916|162,847|1,822,151|2,110,914|
|FUNDS CARRIED FORWARD AT||||||
|31 MARCH 2021||124,910|162,847|1,890,158|2,177,915|



## 



## 

## 

|||2022||2021||
|---|---|---|---|---|---|
|DONATIONS<br>& LEGACIES||||||
|Donations<br>(other)<br>Subscriptions<br>Gift Aid|38,126<br>3,110<br>7,514||70,557<br>4,056|||
|OPERATING<br>INCOME||48,750|||74,613|
|Charitable<br>activities||||||
|Arts Council England,<br>Yorkshire||||||
|-Annual<br>grant<br>-Capital grant<br>- Culture Recovery Fund<br>1<br>-Culture Recovery Fund 2<br>-Capital Kickstart<br>Mayfield<br>Valley Arts Trust<br>City ofYork Council|275,444<br>5,000<br>25,000<br>2,800<br>14,740||275,444<br>14,510<br>45,000<br>25,200<br>30,000|||
|- Annual<br>grant<br>- Festival grants<br>- ARG grant|4,600<br>3,546<br>22,200||4,600<br>3,816|||
|- HLR grants<br>East Riding ofYorkshire<br>Council<br>Music4U|18,000<br>15,000||39,143<br>9,260|||
|-Youth Music<br>- Hull City Council<br>-East Riding ofYorkshire<br>Council<br>- City ofYork Council<br>- Other income<br>I Can Play<br>Trusts and Foundations<br>EEEmerging<br>York Early Music Festival<br>Beverley Early Music Festival<br>York Early Music Christmas<br>Festival<br>NCEM Promotions|15,000<br>5,695<br>2,000<br>459<br>11,188<br>28,147<br>12,728<br>22,585<br>29,728||45,000<br>6,000<br>6,000<br>6,000<br>2,123<br>11,978<br>13,787<br>17,824<br>15,101|||
|||513,860|||570,786|
|Raising funds||||||
|Other activities<br>income<br>Recording fees<br>Barsales<br>Instrument<br>& equipment<br>hire<br>BoxOffice commission<br>PRSincome|168<br>950<br>24,726<br>5,458<br>5,261<br>561||148<br>2,295<br>2,194<br>5,743<br>462|||
|Hire ofchurch<br>Rental income|15,915<br>10,000||6,600<br>10,000|||
|||63,039|||27,442|
|TOTAL OPERATING INCOME||625,649|||672,841|
|Bank interest receivable<br>York Early Music Enterprises<br>Gift Aid<br>Employment<br>Allowance<br>Coronavirus<br>Job Retention<br>Scheme<br>Profit on disposal<br>offixed assets||1,021<br>36,280<br>4,000<br>613<br>1,780|||1,589<br>1,053<br>4,000<br>15,751|
|TOTAL INCOME||669,343|||695,234|





## 

## 

||||2022|||2021||
|---|---|---|---|---|---|---|---|
|||||B||||
|TOTAL INCOME||||669,343|||695,234|
|Charitable<br>activities||||||||
|NCEM Promotions||94,364|||102,073|||
|York Early Music Festival||117,546|||80,616|||
|Beverly Early Music Festival||48,346|||21,654|||
|York Early Music Christmas|Festival|75,026|||68,934|||
|EEEmerging+||49,296|||33,289|||
|Young Artists Residency<br>BBCNew Generation<br>Baroque Ensemble||29,340|||10,000<br>25,193|||
|Music4U||62,516|||64,846|||
|I Can Play||2,431||||||
|Early Music Research|||||55|||
|NCEM Education<br>Programme||45,452|||46,604|||
|NCEM Composers<br>Award||34,644|||31,669|||
|York Mystery<br>Plays Archive||2,159|||2,000|||
|REMA Expenses|||||638|||
|Restricted<br>Property<br>Funds||56,807|||64,092|||
|NCEM Young Artists Competition||19,273|||7,965|||
|Arts<br>& Health<br>Programme||20,116|||18,552|||
|Development<br>Costs||17,073|||15,477|||
|Audience<br>Development||17,426|||17,838|||
|Direct charitable<br>expenditure||691,815|||611,495|||
|Raising funds||||||||
|Marketing<br>and promotion||17,175|||9,946|||
|Business development||5,018|||2,434|||
|Bar purchases||17,192|||1,048|||
|Costs associated<br>with hire ofchurch||4,458|||3,310|||
|||43,843|||16,738|||
|TOTAL EXPENDITURE||||735,658|||628,233|
|NET INCOME/(EXPENDITURE)||||(66,315)|||67,001|