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|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|
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|||||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|
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|||||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|
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|||||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|
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|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|
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|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|
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|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||
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|||||||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|
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|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|
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|||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|
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|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|
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||||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|