| Page | ||
|---|---|---|
| Legal and administrative information |
1 | |
| Trustees' report | 2 | |
| Independent examiner's report |
3 | |
| Statement offinancial activities | 4 | |
| Balance sheet | S | |
| Notes forming part ofthe financial | statements | 6-11 |
| Thefollowing pages do not form pan | afthe statutory accounts: | |
| Detailed income and expenditure | account | 12 —14 |
| BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|
| Asat31August 2021 | ||||||
| 31-Aug | 31-Aug | |||||
| 2021 | 2020 | |||||
| Note | E | E | ||||
| FIXEDASSETS | ||||||
| Tangible fixed assets | 267 | |||||
| CURRENT ASSETS | ||||||
| Debtors | 10,022 | 6,387 | ||||
| Cash in hand | and at bank | 57,123 | 56,867 | |||
| 67,145 | 63,254 | |||||
| CREDITORS: | amounts | falling due within | ||||
| one year | (2,998j | 2,638 | ||||
| 64,147 | 60,616 | |||||
| NET ASSETS | 64r414 | 60,980 | ||||
| CHARITY FUNDS | ||||||
| Unrestricted | -General Funds | 64,414 | ||||
| 64,414 | 60,980 |
| Unrestricted | Total Funds | |||
|---|---|---|---|---|
| 12months | 12months | |||
| ended | ended | |||
| 31-Aug | 31-Aug | |||
| 2021 | 2020 | |||
| f. | E | |||
| CHARITY TRADING | INCORRE | |||
| Sales oftickets | and | concert income | 1,965 | 5,553 |
| Total Chadty trading income | 1,965 | 5,553 | ||
| CHARITY TRADING | EXPENSES | |||
| Costs ofperformances | 74,486 | 108,189 | ||
| Net expenditure | from trading activities | (71,511) | (102,636) |
| 4ANALYSIS OF RESOURCES EXPENDED | 4ANALYSIS OF RESOURCES EXPENDED | 4ANALYSIS OF RESOURCES EXPENDED | BYEXPENDITURE | BYEXPENDITURE | TYPE | |||
|---|---|---|---|---|---|---|---|---|
| Total 12 | Total 12 | |||||||
| months | months | |||||||
| ended | ended | |||||||
| 31-Aug | 31-Aug | |||||||
| 2021 | 2020 | |||||||
| E | f | |||||||
| Costs ofgenerating funds: |
||||||||
| Charity trading expenses | 74,486 | 108,189 | ||||||
| Subtotal costs ofgenerating | funds | 74,486 | 108,189 | |||||
| Chaiitable expenditure: | ||||||||
| Charity expenditure | 38,576 | 40,416 | ||||||
| Subtotal charitable expenditure | 38,576 | 40,416 | ||||||
| Total resources expended | 113,062 | 148,605 | ||||||
| Depreciation oftangible fixed assets: |
||||||||
| -owned by | the charity | 97 | 134 | |||||
| Related Parties | Year end | Year end | ||||||
| During the year, no trustee received any remuneration, benefit in kind or had any expenses reimbursed astrustees. However, Mr Stretton was paid atotal of6900in respect ofprofessional fees in redaiming Orchestra Tax |
31.08.2021 E 900 |
31.0&.2020 E 725 |
||||||
| Relief. | ||||||||
| 5TANGIBLE FIXEDASSETS |
| Equipment, | Other | Total | ||
|---|---|---|---|---|
| Fixtures gr |
Fixed | |||
| Fittings | Assets | |||
| E | E | |||
| Cost | ||||
| At 1stSeptember | 2020 | 5,945 | 18,997 | 24,942 |
| Additions | ||||
| 5,945 | 18,997 | 24,942 | ||
| Depreciation | ||||
| At 1stSeptember | 2020 | 5,698 | 18,880 | 24,578 |
| Charge forthe year | 74 | 23 | 97 | |
| 5,772 | 18,903 | 24,675 | ||
| Net book value | ||||
| At 31stAugust 2021 | 173 | 94 | 267 | |
| At 31stAugust 2020 | 247 | 117 | 364 |
| Due within one | year | 2021 | 2020 |
|---|---|---|---|
| E | E | ||
| HMRC tax refund | 4,647 | 47 | |
| Gift Aid | 6,227 | ||
| Prepayments | 4,300 | ||
| HMRC VAT Refund | 1,176 | 113 | |
| 10,022 | 6,387 | ||
| 7 CREDITORS | |||
| Amounts falling |
due within one year | 2021 | 2020 |
| E | f | ||
| Bank loans and | overdrafts | ||
| Trade creditors | 1,702 | 1,422 | |
| Other creditors | 1,296 | 1,216 | |
| Totalresources | expended | 2,998 | 2,638 |
| 12months ended | 12months ended | |||||
|---|---|---|---|---|---|---|
| 31-AI!g | 31-Aug | |||||
| 2021 | 2020 | |||||
| E | E | |||||
| TRADING INCOME | ||||||
| Concert Income | 1,965 | 5.553 | ||||
| LESS:TRADING COST OF SALES | ||||||
| Fund Raising Costs | 2,758 | 10,304 | ||||
| Direct Advertising, Leaflets and Programs |
6,357 | |||||
| Conductors fees | 12,000 | 14,090 | ||||
| Hire of Rehearsal Halls |
4,450 | 3,008 | ||||
| Hire of Halls and Concert | expenses | 13,753 | 13,587 | |||
| Hire ofinstruments | 1,831 | 2,907 | ||||
| Hire ofMusic | 351 | 3,082 | ||||
| Players Expenses (Concert) | 4,897 | 13,49S | ||||
| Tutors | 25,024 | 27,459 | ||||
| Soloists | 1,500 | |||||
| Auditions | ||||||
| Recording costs and Virtual Performance | cost | 7.286 | 7,082 | |||
| Auxiliary staff/organisers |
Remuneration | 2,136 | 5,315 | |||
| TOTAL TRADING COST OFSALES | 74,4&6 | 108,189 | ||||
| GROSS TRADING LOSS | (72,521) | (102,636) | ||||
| NET LOSS FROM TRADING ACTIVITIES | P2,521) | (102,636) |
| 12months ended | 12months ended | |||
|---|---|---|---|---|
| 31-Aug | 31-Aug | |||
| 2021 | 2020 | |||
| E | E | |||
| CHARITY INCOME | ||||
| Donations | ||||
| Donations, Gifts &Grants- General funds | 91,997 | 246,300 | ||
| Legacy | ||||
| Interest receivable on Iegacy | ||||
| HMRC Charities | 4,500 | 6,275 | ||
| Orchestra Tax Relief | 18,034 | 23,039 | ||
| TOTAL CHARITY INCOME | 114,531 | 175,614 | ||
| LESS:CHARITY EXPENDITURE | ||||
| Total overheads ofcharity | (38,576) | (40,416) | ||
| TOTAL CHARITY EXPENDITURE | (38,576) | (40,416) | ||
| NET INCOME FROM CHARITABLE SOURCES | 75,955 | 135,198 | ||
| NET LOSS FROM TRADING ACTIVITIES | (72,521) | (102,636) | ||
| NET (EXPENDITURE)/ INCOME FOR THE YEAR | 3,434 | 32,562 |
| 2021 | 2020 | |
|---|---|---|
| E | ||
| CHARITY EXPENDITURE | ||
| Management tees |
16,800 | 16,010 |
| Secretarial &general expenditure | 7,146 | 5,931 |
| Telephone, internet and fax |
601 | 1,815 |
| Travel mileage and accomodation | 6,512 | 8,847 |
| Book Keeping &Accounting | 3,576 | 5,576 |
| Bank charges and interest payable | 320 | 389 |
| Trade subscriptions | 436 | 513 |
| Legal &Professional fees | 900 | 725 |
| Printing and stationary | 1,915 | 2,203 |
| Insurance | 273 | 273 |
| Depreciation | 97 | 134 |
| Total | 38,576 | 40,416 |