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2021-03-31-accounts
| Membersoftheboard and professional advisers |
Page2 |
| Trustees annual report |
Pages3- 9 |
| Independent examinees statementtothemembers |
Page10 |
| Statementoffinancial activities |
Page11 |
| Balance sheet |
Page12 |
| Cashflow statement |
Page13 |
| Notestothefinancial statements |
Pages14-20 |
| SiggyPatchitt |
Chair, resigned 29 October2020 |
| JessAbrams |
Vice Chair, elected Chair 29 October 2020 |
| Mark Bick |
Appointed29October2020 |
| JoeCrofton |
|
| SarahFisher |
Resigned 29 October 2020 |
| RebeccaDenniff |
|
| XeniaHorne |
|
| ZoeKonez |
Resigned15June 2020 |
| Ashleigh Lowes |
Appointed29October 2020 |
| Tim Palmer |
|
| Marina Perryman |
|
| Holly Radford |
|
| Shannon Stevenson |
|
| CeriTippetts |
|
| SalmanToheed |
Resigned 13 October 2021 |
|
Unrestricted |
Unrestricted |
Designated |
Restricted |
TotalFunds |
Total Funds |
|
|
Funds |
Funds |
Funds |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
£ |
£ |
|
|
|
|
|
|
Note2a |
| Income |
|
|
|
|
|
|
| Donations and legacies |
2 |
200 |
|
11,732 |
11,932 |
1,800 |
| From charitable activities |
|
|
|
|
|
|
| -developing community music |
|
51,051 |
|
|
51,051 |
57,993 |
| Investments |
3 |
2 |
|
|
2 |
60 |
| Total income |
|
51,253 |
|
11,732 |
62,985 |
59,853 |
| Expenditure |
|
|
|
|
|
|
| Raisingfunds |
|
|
|
|
|
|
| Oncharitable activities |
|
52,110 |
|
·11,732 |
63,842 |
60,265 |
| Total expenditure |
4 |
52,110 |
|
11,732 |
63,842 |
60,265 |
| Movementinfunds |
|
|
|
|
|
|
| Net income (expenditure) |
6 |
(857) |
|
|
(857) |
(412) |
| Fundsbrought forward |
|
13,899 |
2,200 |
|
16,099 |
16,511 |
| Transfers between funds |
|
(2,400) |
2,400 |
|
|
|
| Fundscarried forward |
|
10,643 |
4,600 |
|
15,243 |
16,099 |
|
Note |
|
|
2021 |
|
|
|
2020 |
|
|
|
£ |
|
£ |
|
£ |
|
| Fixedassets |
|
|
|
|
|
|
|
|
| Tangible assets |
|
7 |
|
|
|
|
|
|
| Currentassets |
|
|
|
|
|
|
|
|
| Debtors |
|
8 |
|
|
|
|
|
500 |
| Cashatbank |
|
|
|
30,067 |
|
|
|
29,289 |
|
|
|
|
30,067 |
|
|
|
29,789 |
| Creditors: Amounts falling due within one year |
|
9 |
|
(14,824) |
|
|
|
(13,690) |
| Netcurrent assets |
|
|
|
|
|
15,243 |
|
16,099 |
| Netassets |
|
11 |
|
|
|
15,243 |
|
16,099 |
| Funds |
|
|
|
|
|
|
|
|
| Designated |
|
10 |
|
|
|
4,600 |
|
2,200 |
| Unrestricted |
|
|
|
|
|
10,643 |
|
13,899 |
| Total funds |
|
|
|
|
|
15,243 |
|
16,099 |
|
Notes |
2021 |
2020 |
|
|
£ |
£ |
| Cashflowsfromoperating activities |
|
|
|
| Netcash(absorbed)byoperating activities(seebelow) |
|
778 |
(558) |
| ChangeIncashandcashequivalentsintheyear |
|
|
|
| Cashandcashequivalentsat 1April2019 |
|
29,289 |
29,847 |
| Cashandcashequivalentsat31March 2020 |
12 |
30,067 |
29,289 |
| Reconciliationofcash flowsfromoperating activities |
|
|
|
| NetIncomefortheyear(seestatementoffinancial |
activities) |
(857) |
(412) |
| (lncrease)/decrease in debtors |
|
500 |
(52) |
| lncrease/(decrease) in creditors |
|
1,134 |
{94) |
| Netcashabsorbedbyoperating activities(seeabove) |
|
778 |
(558) |
| 2a |
. Comparative StatementofFinancial Affairs |
. Comparative StatementofFinancial Affairs |
. Comparative StatementofFinancial Affairs |
|
|
|
Thedetailed StatementofFinancial Affairsfortheyear ended |
|
|
31 March 2020 |
issetoutbelow |
|
|
Unrestricted |
Designated |
Restricted TotalFunds |
|
|
|
Funds |
Funds |
Funds |
2020 |
|
|
£ |
£ |
£ |
£ |
|
Income |
|
|
|
|
|
Donations and legacies |
1,800 |
|
|
1,800 |
|
From charitable activities |
|
|
|
|
|
-developing community music |
57,993 |
|
|
57,993 |
|
Investments |
60 |
|
|
60 |
|
Total Income |
59,853 |
|
|
59,853 |
|
Expenditure |
|
|
|
|
|
Raisingfunds |
|
|
|
|
|
Oncharitable activities |
60,265 |
|
|
60,265 |
|
Total expenditure |
60,265 |
|
|
60,265 |
|
MovementInfunds |
|
|
|
|
|
Net income (expenditure) |
(412) |
|
|
(412) |
|
Fundsbrought forward |
14,311 |
2,200 |
|
16,511 |
|
Transfer between funds |
|
|
|
|
|
Fundscarried forward |
13,899 |
2,200 |
|
16,099 |
| 3. |
Investment Income |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
|
|
Bank interest receivable |
2 |
|
|
|
| Total resources expended |
|
|
|
|
|
|
Contract |
|
|
|
On-going |
services and |
|
|
|
activities |
projects |
Total 2021 |
Total 2020 |
|
£ |
£ |
£ |
£ |
| Salaries |
34,783 |
|
34,783 |
37,317 |
| Project running costs |
|
|
|
1,011 |
| Running costs, member services |
12,056 |
|
12,056 |
13,923 |
| Information and advocacy |
611 |
|
611 |
465 |
| Premises and office costs |
4,403 |
|
4,403 |
4,987 |
| Depreciation |
|
|
|
|
| Examination fees |
400 |
|
400 |
400 |
| Board costs |
(143) |
|
(143) |
1,480 |
| Other |
|
|
|
683 |
|
52,110 |
|
52,110 |
60,265 |
|
|
|
| Theaggregate payroll costs were: |
2021 |
2020 |
|
£ |
£ |
| Salaries |
34,170 |
36,656 |
| Pension costs |
613 |
660 |
| Social security costs |
|
|
|
34,783 |
37,317 |
| Particularsofemployees: |
|
|
|
2021 |
2020 |
| The average numberof |
|
|
| staff was |
No. |
No. |
| Full-time equivalents |
1 |
1 |
| Numbersofindividuals |
2 |
2 |
|
2021 |
2020 |
|
£ |
£ |
| Board expenses |
|
1,015 |
| TOTAL |
|
1,015 |
| No trustee received remuneration duringtheperiod |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Depreciation |
|
|
| Examiners' fees |
400 |
400 |
| Tangible fixed assets |
|
|
|
Equipment |
Total |
|
£ |
£ |
| Cost |
|
|
| At 1 April 2020 |
21,936 |
21,936 |
| Additions |
|
|
| Disposals |
21,936 |
21,936 |
| At31March2021 |
|
|
| Depreciation |
|
|
| At1 April 2020 |
21,936 |
21,936 |
| Chargefortheyear |
|
|
| Relativetodisposals |
21,936 |
21,936 |
| At31March2021 |
|
|
| Net book value |
|
|
| At31March2021 |
|
|
| Debtors |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Trade debtors |
|
500 |
| Prepayments |
|
|
|
|
500 |
|
2021 |
2020 |
|
£ |
£ |
| Trade creditors |
5,493 |
438 |
| PAYEand social security |
(37) |
642 |
| Deferred income |
8,468 |
6,156 |
| Accruals |
900 |
6,454 |
|
14,824 |
13,690 |
| Designated funds |
|
|
|
|
|
|
|
Movementinresources: |
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1April20 |
Incoming |
Outgoing |
Transfers |
31 March 21 |
|
£ |
£ |
£ |
£ |
£ |
| Redundancy |
2,200 |
|
|
2,400 |
4,600 |
|
2,200 |
|
|
2,400 |
4,600 |
|
Tangible fixed |
Other net |
|
|
assets |
assets |
Total |
|
£ |
£ |
£ |
| Restricted funds: |
|
|
|
| Unrestricted funds |
|
10,643 |
10,643 |
| Designated funds |
|
4,600 |
4,600 |
|
|
15,243 |
15,243 |
| Analysisofcash and cash equivalents |
|
|
|
|
|
2021 |
2020 |
| Shorttermdeposit accounts |
|
23,918 |
23,916 |
| Current accounts andpettycash |
|
6,149 |
5,373 |
|
|
30,067 |
29,289 |