| Page | |||
|---|---|---|---|
| Trustees' report |
1-5 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | 7-8 | |
| Balance sheet | |||
| Notes to the financial | statements | 10-18 |
| Current financial year | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||
| Notes | F | ||||
| Donations and legacies |
3 | 126,626 | 18,500 | 145,126 | 125,708 |
| Charitable activities |
4 | 199,762 | 2,500 | 202,262 | 148,946 |
| Investments | 5 | 68 | 68 | ||
| Total income | 326,456 | 21,000 | 347,456 | 274,654 | |
| ~E* Cht |
|||||
| Raising funds | 560 | 560 | |||
| Charitable activities |
7 | 268,581 | 12,989 | 281,570 | 219,746 |
| Total expenditure | 269,141 | 12,989 | 282,130 | 219,746 | |
| Net income forthe yeari | |||||
| Net movement in funds |
57,315 | 8,011 | 65,326 | 54,908 | |
| Fund balances at 1 September 2021 | 442,185 | 781 | 442,966 | 388,058 | |
| Fund balances at 31August 2022 | 499,500 | 8,792 | 508,292 | 442,966 |
| Prior financial year | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| ~f | Notes | 2021 F |
2021 6 |
2021 6 |
| 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 | |
| ~E* Cht |
||||
| Charitable activities |
7 | 203,007 | 16,739 | 219,746 |
| Total expenditure | 203,007 | 16,739 | 219,746 | |
| Net income forthe year/ | ||||
| Net movement in funds |
58,157 | (3,249) | 54,908 | |
| Fund balances at 1 September 2020 | 384,028 | 4,030 | 388,058 | |
| Fund balances at 31August 2021 | 442,185 | 781 | 442,966 |
| Notes | 2022 F |
2021 f |
|||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets | 473,430 | 477,395 | |||||
| Current assets | |||||||
| Cash at bank and in | hand | 139,816 | 108,854 | ||||
| Creditors: amounts one year |
falling | due within | 13 | (20,593) | (46,110) | ||
| Net current assets | 119,223 | 62,744 | |||||
| Total assets less current | liabilities | 592,653 | 540,139 | ||||
| Creditors: amounts more than one year |
falling due after | (84,361) | (97,173) | ||||
| Net assets | 508,292 | 442,966 | |||||
| Income funds | |||||||
| Restricted funds | 8,792 | 781 | |||||
| Unrestricted funds |
499,500 | 442,185 | |||||
| 508,292 | 442,966 |
| Donations | and legaci | es | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2022f | 2022f | 2022f | 2021 | 2021f | 2021f | ||
| Donations | and gifts | 16,856 | 4,500 | 21,356 | 51,504 | 9,490 | 60,994 |
| Legacies Grants |
receivable | 95,501 14,269 |
14,000 | 95,501 28,269 |
63,214 | 1,500 | 64,714 |
| 126,626 | 18,500 | 145,126 | 114,718 | 10,990 | 125,708 |
| Charitable | Charitable | ||||
|---|---|---|---|---|---|
| Income | Income | ||||
| 2022 f |
2021 f |
||||
| Music tuition | and learning | 192,369 | 137,998 | ||
| Music for | health and well-being | 6„582 | 10,948 | ||
| Charitable | rental income | 2,400 | |||
| Other income | 911 | ||||
| 202,262 | 148,946 | ||||
| Analysis | by fund | ||||
| Unrestricted | funds | 199,762 | 146,446 | ||
| Restricted | funds | 2,500 | 2,500 | ||
| 202,262 | 148,946 | ||||
| Investments | |||||
| Unrestricted | Total | ||||
| funds | |||||
| 2022f | 2021f | ||||
| Interest receivable | 68 |
| Unrestricted | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | |||||||
| 2022 | 2021 | ||||||
| f | F | ||||||
| Fundrai | in | and | ublic' | ||||
| Advertising | 560 | ||||||
| 560 | |||||||
| Charitable | activities | ||||||
| Charitable | Charitable | ||||||
| Expenditure Expenditure |
|||||||
| 2022 | 2021 | ||||||
| 6 | |||||||
| Staff costs | 101,611 | 84,711 | |||||
| Depreciation | and | impairment | 3,965 | 4,153 | |||
| Music tuition | and | learning | 26,154 | 32,641 | |||
| Music for | health and | well-being | 20,647 | 1,083 | |||
| 152,377 | 122,588 | ||||||
| Share of | support costs (see note 8) | 126,015 | 92,249 | ||||
| Share of | governance | costs (see note 8) | 3,178 | 4,909 | |||
| 281,570 | 219746 | ||||||
| Analysis | by fund | ||||||
| Unrestricted | funds | 268,581 | 203,007 | ||||
| Restricted | funds | 12,989 | 16,739 | ||||
| 281,570 | 219,746 |
| Support cos | ts | |||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 | Support | Governance | 2021 | |||
| costs E |
costs E |
costs f |
costs F |
|||||
| Staff costs | 75,843 | 75,843 | 69,291 | 69,291 | ||||
| Administration | 5,808 | 5,808 | 9,516 | 9,516 | ||||
| Premises | 5,926 | 5,926 | 7,094 | 7,094 | ||||
| Finance | 7,275 | 7,275 | 4,255 | 4,255 | ||||
| IT | 730 | 730 | 760 | 760 | ||||
| Insurance | 2,910 | 2,910 | ||||||
| Othersupport | costs | 1,945 | 1,945 | 1,333 | 1,333 | |||
| Stable development | 25,578 | 25,578 | ||||||
| Other governance | costs | 970 | 970 | 2,448 | 2,448 | |||
| Independent | Examiner | 2,208 | 2,208 | 2,461 | 2,461 | |||
| 126,015 | 3,178 | 129,193 | 92,249 | 4,909 | 97,158 | |||
| Analysed between |
||||||||
| Charitable activities |
126,015 | 3,178 | 129,193 | 92,249 | 4,909 | 97,158 |
| The average monthly number ofemployees during |
the year was: | |
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| Therapy ITuition | ||
| Administrative | ||
| Total | 10 |
| Employees | (Continued) | |
|---|---|---|
| Employment costs |
2022 | 2021 |
| E | E | |
| Wages and salariies | 172,692 | 150,751 |
| Social security costs | 2,777 | 1,564 |
| Other pension costs | 1,985 | 1,687 |
| 177,454 | 154,002 |
| Tangible fixe | d asset | s | |||||
|---|---|---|---|---|---|---|---|
| Land and | Instruments | Furniture a | Computer | Totai | |||
| buildings | equipment | equipment | |||||
| E | E | ||||||
| Cost | |||||||
| At 1 September 2021 | 501,884 | 16,096 | 10,168 | 37,876 | 566,024 | ||
| Disposals | (10,168) | (34,876) | (45,044) | ||||
| At 31August | 2022 | 501,884 | 16,096 | 3,000 | 520,980 | ||
| Depreciation | and impairment | ||||||
| At 1 September 2021 | 26,804 | 15,181 | 10,168 | 36,476 | 88,629 | ||
| Depreciation | charged | in the year | 3,178 | 440 | 347 | 3,965 | |
| Eliminated in |
respect | ofdisposals | (10,168) | (34,876) | (45,044) | ||
| At 31August | 2022 | 29,982 | 15,621 | 1,947 | 47,550 | ||
| Carrying amount |
|||||||
| At 31August | 2022 | 471,902 | 475 | 1,053 | 473,430 | ||
| At 31August | 2021 | 475,080 | 915 | 1,400 | 477,395 |
| 2022 | 2021 | ||
|---|---|---|---|
| Bank loans | 101,659 | 120,464 | |
| Payable | within one year | 17,298 | 23,291 |
| Payable | after one year | 84,361 | 97,173 |
| Creditors: amounts f |
alling due within one year | |||
|---|---|---|---|---|
| 2022 | ||||
| Notes | ||||
| Bank loans | 17,298 | 23,291 | ||
| Other taxation and social security | 819 | 656 | ||
| Trade creditors | 224 | 2,823 | ||
| Other creditors | 452 | 14,792 | ||
| Accruals and deferred | income | 1,800 | 4,548 | |
| 20,593 | 46,110 |
| 14 | Creditors: amounts | falling due after more than one year | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | 8 | 8 | |||
| Bank loans | 84,361 | 97,173 |
| Movement | in funds | Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |||
| 1 | September | resources | expended | 1September | resources | expended | 31August | ||
| 2020f | f | f | 2021 f |
2022 f |
|||||
| Fiddle | |||||||||
| Orchestra | (2,757) | 9,490 | (5,952) | 781 | 7,000 | (7,781) | |||
| Other | |||||||||
| Learning | and | ||||||||
| Engagement | 946 | (946) | |||||||
| Folio | |||||||||
| Consortium | (280) | 2,500 | (2,220) | ||||||
| ACE | |||||||||
| Emergency | 6,121 | 1,500 | (7,621) | ||||||
| Hampshire | |||||||||
| County | |||||||||
| Council | 14,000 | (5,208) | 8,792 | ||||||
| 4,030 | 13,490 | (16,739) | 781 | 21,000 | (12,989) | 8,792 |
| 16 | Analysis of net assets |
between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2022 f |
2022 f |
2022 f |
2021 | 2021 | 2021f | ||
| Fund balances at 31 | |||||||
| August 2022 are | |||||||
| represented by: |
|||||||
| Tangible assets | 473,430 | 473,430 | 477,395 | 477,395 | |||
| Current assets/ | |||||||
| (liabilities) | 119,223 | 119,223 | 61,963 | 781 | 62,744 | ||
| Long term liabilities | (93,153) | 8,792 | (84,361) | (97,173) | (97,173) | ||
| 499,500 | 8,792 | 508,292 | 442,185 | 781 | 442,966 |