2021-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Strategic Report
Trustees' Report		3to7
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement ofFinancial	Activities	10
Balance Sheet
Notes to the Financial	Statements	12to 25

				Reference aud Administrative Deta
Chief Kxecutive Officer				Mr PHallett
Trustees				Mr TMClark, Chair
				Mr KRDearsley (resigned on 20May 2021)
				Mrs A Jeffery
				Ms EJBovey
Principal	Office			Chewton Farm Road
				Walkford
				Christchurch
				Dorset
				BH23 5QL
Registered		Office		Chewton Farm Road
				Walkford
				Christchurch
				Dorset
				BH23 5QL
Company	Registration		Number	03487093
Charity Registration			Number	1068710
Independent		Examiner		Westlake Clark Audit LLP
				Chartered Accountants
				7Lynwood Court
				Priestlands Place
				Lymington
				Hanip shire
				SO41 9GA

			Unrestricted	Restricted	Total
			funds	funds	2021
		Note
Income and Endowments	from:
Donations and legacies			114,718	10,990	125,708
Charitable activities			146,446	2,500	148,946
Total Income			261,164	13,490	274,654
Expenditure on: Charitable activities Total Expenditure		5	~203,007) ~203,007	(16,739) ~16,739)	(219,746) ~(219,746
Net income/(expenditure)			58,157	(3,249)	54,908
Net movement in funds			58,157	(3,249)	54,908
Reconciliation offunds
Total funds brought forward			384,028	4,030	388,058
Total funds carried forward		16	442,185	781	442,966
			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
Investment income			186		186
Total income			263,301	44,583	307,884
Expenditure on: Charitable activities		5	~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

						2021	2020
					Note	g
Fixed assets
Tangible assets					12	477/95	480,598
Current assets
Debtors					13		527
Cash at bank	and in hand					108,854	52,686
						108,854	53,213
Creditors: Amounts falling duc within				onc year	M	~46.1{O	{18.{{23)
Nct current	assets					62,744	34,390
Total asset's	less current		liabilities			540,139	514,988
Cretlitors: Amounts		falling duc after		more th:m one year	15	(97,173)	(126,930)
Nct assets						442,966	388„058
Funds ofthe	Charity:
Restricted income funds
Rest{icted funds					16		4,030
Unrestricted	income	funds
Unrestricted	funds					442,185	384,028
Total funds					16	442,966	388,058

Asset class	Depreciation method and rate	Depreciation method and rate
Freehold Property	Nil
Improvements to Freehold Property	2% straight	line basis
Fixtures &Fittings	10%straight	line basis
Equipment and Instruments	10%!25%	straight line basis
SoAware Library	Fully depreciated in year ofpurchase

		Unrestricted
		funds
			Restricted	Total	Total
		General	funds	2021	2020
Donations and legacies;
Donations		41,344	9,490	50,834	27,763
Gift aid reclaimed		10,160		10,160
Grants, including	capital grants;
Public sector		63,214	1,500	64,714	104,340
		114,718	10,990	125,708	132,103

				Unrestricted
				funds
					Restricted	Total	Total
				General	funds	2021	2020
	Music Tuition	and Learning		135,498	2,500	137,998	156,385
	Music for Health and Well Being			10,948		10,948	19,210
				146,446	2,500	148,946	175,595
4	Investment	income
						Total	Total
						2021	2020
Grazing income							186
5	Expenditure	on charitable	activities
				Activity
				undertaken	Activity	Total	Total
				directly	support costs	2021	2020
Music Tuition and Learning				112,269	90,838	203,107	257,313
Music for Health		and Well Being		6,166	10,473	16,639	32,651
				118,435	101,311	219,746	289,964

Net incoming	resource	s for the year include:
			2021	2020
Independent	examiner	fees	2,461	2,971
Depreciation	offixed	assets	4,153	3,794
Finance charges payable			4,255	4,779

9 Staff costs The aggregate payroll costs were as follows:
	2021	2020
Staffcosts during the year were:
Wages and salaries	150,751	193,085
Social security costs	1,564	4,758
Pension costs	1,687	2,088
	154,002	199,931

2021	2020
No	No

Therapy/tuition	staff
Administrative

2021	2020
2,461	2,971

12 Tangible fixed assets
	Land and	Furniture	and	Computer
	buildings	equipment		equipment	Instruments	Total
Cost
At 1 September 2020	501,884	10,168		37,876	15,146	565,074
Additions					950	950
At 31August 2021	501,884	10,168		37,876	16,096	566,024
Depreciation
At 1 September 2020	23,627	10,168		36,084	14,597	84,476
Charge for the year	3 177			392	584	4,153
At 31August 2021	26,804	10,168		36,476	15,181	88,629
Net book value
At 31August 2021	475,080			1,400	915	477,395
At 31August 2020	478,257			1,792	549	480,598
13 Debtors
					2021	2020
Other debtors						527

14 Creditors: amounts falling due within one year
	2021	2020
Bank loans and overdrafts	37,675	11,015
Trade creditors	2,823	3,763
Other taxation and social security	620	1,112
Other creditors	36	318
Pension scheme creditor	408	515
Accruals	4,548	2,100
	46,110	18,823

Creditors due within one year includes the following liab	ilities, on which security has been given by the Charity:
	2021	2020
Bank overdraft	14,384	1,541
Loan	12,500	3,434
Mortgage	10,791	6,040
	37,675	11,015

15 Credi	tors: a	m	ounts	fa	lling due afte	r one yea	r
										2021	2020
Bank loans										97,173	126,930
Creditors	amounts		falling	due after more		than one	year includes	the following	liabilities,	on which security	has been given by
the Charity:
										2021	2020
Loan											14,216
Mortgage										97,173	112,714
										97,173	126,930
Freehold	property		owned	by the Charity		has been used as security.
Included	in the creditors are the following					amounts	due after more	than five years:
										2021	2020
After more than five years					by instalments					54,010	66,259
Bank loans and		overdrafts			after five years
The commercial		mortgage			term remaining	is 12years at an interest rate of2%			above base	rate.

16 Funds
	Balance at 1
	September	Incoming	Resources	Balance at 31
	2020	resources	expended	August 2021
			'E
Unrestricted funds
General
Unrestricted Income Fund	384,028	261,164	(203,007)	442,185
Restricted funds
Fiddle Orchestra	(2,757)	9,490	(5,952)	781
Other Learning and Engagement	946		(946)
Folio Consortium ACE Emergency	(280) 6,121	2,500 1,500	(2,220) ~7,621
Total restricted funds	4,030	13,490	16,739	781
Total funds	388,058	274,654	(219,746)	442,966
	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 ACE Emergency	4,870	3,395 13,500	(8,545) ~7,379	(280) 6,121
Total restricted funds	20,255	44,583	(60,808)	4,030
Total funds	370,138	307,884	289,964	388,058

17 Anal	ysis ofnet assets between funds	Unrestricted funds
				Total funds at
			Restricted	31August
		General	funds	2020
Tangible	fixed assets	477,395		477,395
Current	assets	108,073	781	108,854
Current liabilities Creditors over 1 year		(46,110) 97,173		(46,110) ~97,173)
Total net assets		442,185	781	442,966
		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 Creditors	liabilities over 1 year	(18,823) 126,930		(18,823) ~126,930)
Total net assets		384,028	4,030	388,058