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2020-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Strategic Report
Trustees' Report		3 to 8
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report	10
Statement ofFinancial	Activities
Balance Sheet		12
Notes to the Financial	Statements	13to 27

				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations and legacies				87,520	44,583	132,103
Charitable activities				175,595		175,595
Investments				186		186
Total Income				263,301	44,583	307,884
Expenditure on:
Charitable activities				(229,156)	(60,808)	(289,964)
Total Expenditure				(229,156)	(60,808)	(289,964)
Net income/(expenditure)				34,145	16,225)	17,920
Net movement in funds				34,145	(16,225)	17,920
Reconciliation offunds
Total funds brought	forward			349,883	20,255	370,138
Total funds carried	forward		16	384,028	4,030	388,058
				Unrestricted	Restricted	Total
				funds	funds	2019
			Note
Income and Endowments		from:
Donations and legacies				64,508	91,459	155,967
Charitable activities				247,829	3,000	250,829
Investment income				279		279
Total income				312,616	94,459	407,075
Expenditure on:
Charitable activities				251,097)	(95,200)	346,297)
Total expenditure				(251,097)	(95,200)	(346,297)
Net income/(expenditure)				61,519	(741)	60,778
Net movement in funds				61,519	(741)	60,778
Reconciliation offunds
Total funds brought	forward			288,364	20,996	309,360
Total funds carried	forward		16	349,883	20,255	370,138

				2020	2019
			Note
Fixed assets
Tangible assets			12	480,598	483,497
Current assets
Debtors			13	527	527
Cash at bank	and in hand			52,686	62,590
				53,213	63,117
Creditors: Amounts		falling due within one year	14	(18,823)	(45,233)
Net current	assets			34,390	17,884
Total assets	less current liabilities			514,988	501,381
Creditors: Amounts		falling due after more than one year	15	(126,930	(131,243)
Net assets				388,058	370,138
Funds ofthe	Charity:
Restricted income funds
Restricted funds			16	4,030	20,255
Unrestricted	income	funds
Unrestricted	funds			384,028	349,883
Total funds			16	388,058	370,138

				Unrestricted
				funds
					Restricted	Total	Total
				General	funds	2020	2019
Donations and legacies;
	Donations			32,071	(4,308)	27,763	99,141
	Gift aid reclaimed						17
Grants, including		capital grants;
	Public sector			55,449	48,891	104,340	56,809
				87,520	44,583	132,103	155,967
3	Income from	charitable	activities
					Unrestricted
					funds
						Total	Total
					General	2020	2019
	Music Tuition	and Learning			156,385	156,385	228,439
	Music for Health and Well		Being		19,210	19,210	22,390
					175,595	175,595	250,829
4	Investment income
					Unrestricted
					funds
						Total	Total
					General	2020	2019
Grazing income					186	186	279

5 Ex	penditure on charitable activit	ies
		Activity
		undertaken	Activity	Total	Total
		directly	support costs	2020	2019
Music	Tuition and Learning	145,814	111,499	257,313	301,897
Music	for Health and Well Being	18,793	13,858	32,651	44,400
		164,607	125,357	289,964	346,297

Net incoming	resource	s for the year include:
			2020	2019
Independent	examiner	fees	2,971	2,508
Depreciation	offixed	assets	3,794	3,617
Finance charges payable			4,779	6,072

9 Staff costs The aggregate payroll costs were as follows:
	2020	2019
Staff costs during the year were:
Wages and salaries	193,085	198,992
Social security costs	4,758	4,369
Pension costs	2,088	1,662
	199,931	205,023

2020	2019
No	No

Therapy/tuition	staff
Administrative

						2020	2019
Examination ofthe 6nancial		statements				2,971	2,508
11 Taxation
The Charity is aregistered	charity and is		therefore exempt from		taxation,
12 Tangible fixed assets
		Land and	Furniture	and	Computer
		buildings	equipment		equipment	Instruments	Total
Cost
At 1 September 2019		501,884	10,168		37,876	14,251	564,179
Additions						895	895
At 31 August 2020		501,884	10,168		37,876	15,146	565,074
Depreciation
At 1 September 2019		20,450	10,168		35,813	14,251	80,682
Charge for the year		3,177			271	346	3,794
At 31August 2020		23,627	10,168		36,084	14,597	84,476
Net book value
At 31 August 2020		478,257			1,792	549	480,598
At 31August 2019		481,434			2,063		483,497
13 Debtors
						2020	2019
Other debtors						527	527

14 Creditors: amounts falling due within one year
	2020	2019
Bank loans and overdrafts	11,015	26,099
Trade creditors	3,763	15,899
Other taxation and social security	1,112	669
Other creditors	318	15
Pension scheme creditor	515	151
Accruals	2,100	2,400
	18,823	45,233

Creditors due within one year includes the followi	ng liabilities, on which security has been given	by the Charity;
	2020	2019
Bank overdraft		11,464
Loan		4,664
Mortgage		9,971
	11,015	26,099

		2020	2019
Bank	loans	126,930	131,243

Creditors	amounts	falling	due after more than one year includes	the following	liabilities, on which security has	liabilities, on which security has
been given by the		Charity:
					2020	2019
Loan					14,216	16,421
Mortgage					112,714	114,822
					126,930	131,243

Includ	ed in	the	credit	ors a	re t	he following amounts due after	more than five years;
							2020	2019
After	more	than	five	years	by	instalments	66,259	74,939

16 Funds
		Balance at 1
		September	Incoming	Resources	Balance at31
		2019	resources	expended	August 2020
Unrestricted funds
General
Unrestricted Income Fund		349,883	263,301	(229,156)	384,028
Restricted funds
Fiddle Orchestra		(5,443)	12,219	(9,533)	(2,757)
Other Learning	and Engagement	2,920		(1,974)	946
ACE Catalyst Evolve		18,681	13,316	(31,997)
Premises fund		(773)	2,153	(1,380)
Folio Consortium		4,870	3,395	(8,545)	(280)
ACE Emergency			13,500	(7,379	6,121
Total restricted funds		20,255	44,583	(60,808)	4,030
Total funds		370,138	307,884	(289,964	388,058
		Balance at 1
		September	Incoming	Resources	Balance at31
		2018	resources	expended	August 2019
Unrestricted funds
General
Unrestricted Income Fund		288,364	312,616	(251,097)	349,883
Restricted funds
Fiddle Orchestra		1,966	5,150	(12,559)	(5,443)
Other Learning	and Engagement	9,950		(7,030)	2,920
ACE Catalyst Evolve		9,080	52,754	(43,153)	18,681
Premises fund			6,000	(6,773)	(773)
Folio Consortium			30,555	25,685)	4,870
Total restricted funds		20,996	94,459	(95,200)	20,255
Total funds		309,360	407,075	(346,297	370,138

			Unrestricted funds
					Total	funds at
				Restricted	31August
			General	funds	2020
Tangible		fixed assets	480,598			480,598
Current	assets		49,183	4,030		53,213
Current	liabilities		(18,823)			(18,823)
Creditors		over 1year	126,930)			(126,930)
Total net		assets	384,028	4,030		388,058
			Unrestricted
			funds
					Total	funds at
				Restricted	31August
			General	funds	2019
Tangible		fixed assets	483,497			483,497
Current	assets		42,862	20,255		63,117
Current	liabilities		(45,233)			(45,233)
Creditors		over 1 year	(131,243)			131,243)
Total net		assets	349,883	20,255		370,138