2020-08-31-accounts

Trustees	&	board ofdirectors	V Hargreaves	V Hargreaves		Chairman
			S Belinfante			Vice Chairman
			FJones			Treasurer
			AVeazey			Company	Secretary
			D Bowen
			J Hall
			G G Shankar
			TTaylor
			D Kenny
			JWebster
Charity number			1085708
Company	number		02796427
Registered		office	Barbican House
			31 Barbican Road
			Gloucester
			GL1 2JF
Independent		examiner	Griffiths Marshall
			Beaumont	House
			172Southgate		Street
			Gloucester
			GL1 2EZ
Advisors			DAviss			President
			K Winnan			Executive	Director
			C Lumsden			Founder
			G Oxley			Artistic Director
Senior staff		members	K Winnan			Executive	Director
			G Oxley			Artistic Director

			Page
Trustees' report			1-4
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		8-20

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020	2020		2019	2019	2019
	Notes
Income and endowments		from:
Donations and legacies		3	4,186	83,957	88,143	2,558	62,202	64,760
Charitable activities		4	167,131		167,131	223,599		223,599
Investments		5	1,672		1,672	48		48
Other income		6	41,498		41,498	14,518		14,518
Total income			214,487	83,957	298,444	240,723	62,202	302,925
Charitable activities		7	205,222	96,694	301,916	245,723	64,861	310,584
Net incomingl
(outgoing) resources
before transfers			9,265	(12,737)	(3,472)	(5,000)	(2,659)	(7,659)
Gross transfers
between funds			(29,324)	29,324		(1,164)	1,164
Net (expenditure)/income
for the year/
Net movement	in funds		(20,059)	16,587	(3,472)	(6,164)	(1,495)	(7,659)
Fund balances at 1
September 2019			164,649	8,954	173,603	170,813	10,449	181,262
Fund balances	at 31
August 2020			144,590	25,541	170,131	164,649	8,954	173,603

				2020		2019
			Notes			f
Fixed assets
Tangible assets					17,710		18,581
Current assets
Stocks			12	256
Debtors			13	8,102		5,004
Cash at bank and in		hand		173,548		155,511
				181,906		160,515
Creditors:	amounts	falling due within
one year			14	(29,485)		(5,493)
Net current	assets				152,421		155,022
Total assets less current liabilities					170,131		173,603
Income funds
Restricted	funds				25,541		8,954
Unrestricted	funds
Designated	funds		16	100,000		100,000
General unrestricted		funds		44,590		64,649
					144,590		164,649
					170,131		173,603

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
							E
Donations	and gifts	4,186	11,723	15,909	2,558	1,946	4,504
Grants			72,234	72,234		60,256	60,256
		4,186	83,957	88,143	2,558	62,202	64,760
Grants receivable for
core activities
Arts Council England			58,743	58,743		57,756	57,756
Gloucestershire
Community	Foundation					2,500	2,500
Architectural	Heritage
Trust			13,491	13,491
			72,234	72,234		60,256	60,256

lV0	Ch O			CD	CO CO	CD	CO	O CO		CD CD (O
				O	CO	CO	CO	lO		CII
										CV
Q e	Q c	CD		O O	CO CO	I	I	~	I
K QI eC		Al		CO
00
Q (h W (5	(O 4l N	O				I	~ CO	I
0Z	0						(O
C) .E	VI 5	Cb CI CII	CIC	CD CD P) (A	CO (O CO	CD CO	I	I	I	(O (D O
~ I-	Q
O ~ CI( W OO I CIC				O ~ CO (O CV O CD P) P) CD ONNCDC(O CO N ~ CII O
Q Q e c K 0) e4		CI CVO CIC		CII	CO	I	I			O CO lO
00
Q(0 W VlI 0 th 000		O C4 CI CIC				I	CO CD	I
(Il .E	Vl 5	O CIIO N	(II	O CO	CII CO W	CD P			CD CO	lA 00 lO O
L I-	Q			00	lO

Unrestricted	Unrestricted
funds	funds
2020	2019
	E
1,672	48

Unrestricted	Unrestricted
funds	funds
2020	2019
	E
41,498	14,518

				0 P	CD O hl			4l	'ct CD	P CO CD	C0 CD CIl W	'	N 0 W C0	CD CV C3	CIl 'ct CD	~ 4 CD	lA 0 lA	C4 CD CO	CIl CD CD P) CIl	CDO CD	CO lA CI P3		CIl CIl	C0 CO (0	CO lA CD
				O ~ CII lgoo							CO F)	CD CD CIl			CV F)	CIl ~	CO CD C0		0)	CD CO	C0 CD		PJ	CD CO
											v-	CIl			CIl				CD		CD		lA CI	CO CD
																							CV
				C lg V I	~ V .~0 o		O	4l				I	I	I	CIl C)			CO C) CIl	CO lA CIl					lA CD lA	lA CO lA
				IQ
				NI L			O CIlO	4l				I	I	CO (0	I									CO C0	CO (0
				lg N			CIl
				LLI
				V0- O N N~		4 V C I Ol	O CIl O CIl	4l	CD			I	I	I	CD	~ CD	I				CIO CO CIl		C) CD CO Al		C) CI CO
				W lg 'O	N gl N		O CIl O	4l	0) CD IA	'	'	CD	'	'	'	A C0	CO	CIl CD CD	CD
				o z	~ 0		CIl												C0
				gl .E	N M 3		O CIlO	4l	CD CD lA C3		CO	CD W CII	'	lp C0 bl	CI			CO CO C0	COO CO CD		CD CII		O OD IA C0	O (0	CD CV
				I-
0I- U N	O LLIDZI-Z0
	U
0	lOI-Z
	LLIZ
LLIO	LLI	0)																		OD
U lL Z V) LUI- lO UD0 (5	tO UZ Z UJzI-0I- V) LllI-0Z	LLI CI CI LLI LLI 0	lD N V lgI lg I lg U						M M 0 (U CO	M o M Q 8 O.p O ~ Cg & C o x —I Z LLl		M (g C M C I	C g) g)o" m Q) M M 0C (U M O Q N LU 0		M &D M0 O C 0) 0 C CU P M C O ME M W M (g 8 &, C g (g lg g& 6) i) CL O O 0 IE M 0 02				CD g)0 C I 8 M M M 0 O 0 0. 0 M LI0 lg CO	C g) U) M M + M0 O 6) O C (U c g) 0 CD 0 Lg Cg V)		M C~ M o g~ 2 C N O M lg I M CCe c(HM

'Q Ql L	CQ0 I	CD C) CV		Cc4	W CO	h- CO CD	COO W	N (0	O bl O	OJ & CD	~ C CO	(A O (A	CD	AI CD CD	O O CO	CO lA O	CV t	CO CO	CO (A O
C0													CO	CV		P)	N	CO	P)
O
	NI			Col														F3	P)
	L								CO							CO		CO	CO
	CQ N																	N	(V
	IXl
	V 0- 0 N		» V C I	Cct	lA (A CO (A									(0 P)	I	Cl CV CO	Cl CQ (0	I	T Cl CV CO
	» CQ "Q	(n I N		Cat	rt CO	CO							lA	N CD	O lA		lA	'	lA
	0	V			O	CD							C) P&	Cl P)			(0		(0
	Ql E	N					CO W N OC ORCOrt OC W ~ CD				~ P) &r) CO CO			'ct	0 lA	lA CO	h- O CO	CO CV O	CA P) CO
	E	0						CO						CV CD		CD		CC CO	CD O
	I-

Q
LUDz
X0
O
COI-Z LU	Cbo
LLI
												CO
CO	Q		CD Cl CV								CO	Ql 0
OX X LUzI-0I- lO IUI-0	O LU 0 LU LU 4.0	N Ql V Qt Ql C(t C C(l O	cn Ql 'Q I: Ql l C(t Ql S0 LL	QlE CL0 cn0 cn O ~ Ql Vl 0 cn Ql O~ CQ cn 0.0 O ' C cn (Q Q 0» C O CQ ((I E O Cg —(UX 0 CO Z LU LU				Ql2 (Q (U N (6 N M g o	cn Ql cn0 Qlo C CQ D ~ 8 cn N O cn E cn cn0 O (Q CQ Ql Ql Ql CLO O 0~ cn aQ&		Ql0 c I Ql cn cn (n 0 O Q. Q. N 0 Ql CQ CO	Ql Ql cn cn (nQ o Ql O (QC Ql 0 Ql 0 Ql C(t CO	4 N N C(t C 4	N C 2 O cn Ql s C 2	cn c Ql O p S Ql CL'

8	Support costs	Support costs
				Support	Governance	2020	Support	Governance	2019
				costs	costs		costs	costs
	Staff costs			100,233		100,233	92,494		92,494
	Instruments and music			176		176	3,948		3,948
	Education and
	development						114		114
	Property costs utilities		including	13,474		13,474	15,650		15,650
	Office and administration
	costs			13,874		13,874	8,507		8,507
	Miscellaneous		costs				48		48
	Depreciation	and
	amortisation			3,125		3,125	3,279		3,279
	Bank charges	and bad
	debts			60		60	(48)		(48)
	Independent	examiner
	fee				1,260	1,260		1,800	1,800
				130,942	1,260	132,202	123,992	1,800	125,792
	Analysed between
	Charitable activities			130,942	1,260	132,202	123,992	1,800	125,792

The average	monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
Employment	costs	2020	2019
			f
Wages and	salaries	233,946	231,228

11	Tangible fix	ed assets
					Instruments	Piano	Total
					and equipment
	Cost
	At 1 September 2019				12,043	23,685	35,728
	Additions				2,255		2,255
	At 31August	2020			14,298	23,685	37,983
	Depreciation	and impairment
	At 1 September 2019				10,574	6,573	17,147
	Depreciation	charged	in the year		559	2,567	3,126
	At 31August	2020			11,133	9,140	20,273
	Carrying amount
	At 31August	2020			3,165	14,545	17,710
	At 31August	2019			1,469	17,112	18,581
	All ofthe above assets		are used for charitable	purposes.
12	Stocks
						2020f	2019f
	Stock ofmusic books and merchandise					256

Debtors	Debtors
Amounts falling due		within one year:	2020f	2019
Trade debtors			3,990	191
Prepayments	and accrued income		4,112	4,813
			8,102	5,004
Creditors: amounts		falling due within one year
			2020	2019
Other taxation	and social security		1,754	2,303
Payments received on account			12,542	1,012
Trade creditors			13,929	378
Accruals and	deferred	income	1,260	1,800
			29,485	5,493

		Movement in funds	Movement in funds
	Balance at	Incoming	Resources	Transfers	Balance at
	1 September	resources	expended		31August
	2019				2020
Bursary fund	7,454	10,223	(4,678)		12,999
Arts Council England	1,500	58,743	(46,201)	(1,500)	12,542
Barbican Project		14,991	(45,815)	30,824
	8,954	83,957	(96,694)	29,324	25,541

				Movement
				in funds
			Balance at	Incoming	Balance at
		1	September	resources	31August
			2019		2020
Development	fund		100,000		100,000
			100,000		100,000

Analysis of	net assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
					F		E
Fund balances at 31
August 2020	are
represented	by:
Tangible assets		17,710		17,710	18,581		18,581
Current assets/
(liabilities)		130,040	22,381	152,421	146,068	8,954	155,022
		147,750	22,381	170,131	164,649	8,954	173,603