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2021-10-31-accounts
| Reference and Administrative Details |
1 |
| Trustees' Report |
2 to 14 |
| Independent Examiner's Report |
15 |
| Statement o f Financial Activities |
16 |
| Balance Sheet |
17 to 18 |
| Notes to the Financial Statements |
19 to 27 |
|
Musicworks (Chamber Courses) |
| Reference and Administrative Details |
|
| Chairman |
Lachlan Burn |
| Trustees |
Alexander Tatnlyn |
|
Simon David Rowe |
|
Elspeth Margaret Arden |
|
Michael James Spencer |
|
Hannah Mary Acheson Sloane |
| Secretary |
Elspeth Margaret Arden |
| Principal Office |
29 Church Road |
|
Totternhoe |
|
DUNSTABLE |
|
Bedfordshire |
|
LU6 IRE |
| Company Registration Number |
04871846 |
| Charity Registration Number |
1100443 |
| Independent Examiner |
Anthony Williams & Co Ltd |
|
Trevenson House |
|
Church Road |
|
Pool |
|
REDRUTH |
|
Cornwall |
|
TR15 3PT |
| Accountants |
Anthony Williams & Co Ltd |
|
Trevenson House |
|
Church Road |
|
Pool |
|
REDRUTH |
|
Cornwall |
|
TR15 3PT |
| Charity Name |
MusicWorks (Chamber Courses) Limited |
MusicWorks (Chamber Courses) Limited |
| Charity Registration Number |
110 0443 |
|
| Company Registration Number |
487 1846 |
|
| Registered Office and operational address |
29 Church Road, Totternhoe, Bedfordshire, LU6 IRE |
|
| Trustees |
Lachlan Bum (Chairman) |
|
|
Elspeth Arden (Secretary) |
|
|
Simon Rowe |
|
|
Hannah Sloane |
|
|
Michael Spencer |
|
|
Alex Tamlyn |
|
| Executive Officers/Members |
Catherine Manson (Chief Executive Officer) |
|
|
James Boyd |
|
|
Robert Max |
|
| Company Secretary |
Elspeth Arden |
|
| Reporting Accountant |
Anthony Williams & Co Limited,
Chartered Accountants,
Trevenson House, Pool, Cornwall TR15 3PT |
|
| Bankers |
CAF Bank, 25 King's Hill, West Mailing, Kent, ME19 4JQ |
|
|
|
Unrestricted |
Restricted |
|
|
Total |
Total |
|
|
funds |
funds |
|
|
2021 |
2020 |
|
Note |
|
|
|
|
|
|
| Income and Endowments from: |
|
|
|
|
|
|
|
| Donations and legacies |
2 |
11,366 |
14,000 |
|
|
25,366 |
23,605 |
| Activities to further the |
|
|
|
|
|
|
|
| charity's objects |
3 |
34,771 |
|
|
|
34,771 |
9,425 |
| Investment income |
4 |
5 |
|
|
|
5 |
19 |
| Total Income |
|
46,142 |
14,000 |
|
|
60,142 |
33,049 |
| Expenditure on: |
|
|
|
|
|
|
|
| Charitable activities |
5 |
(62,598) |
(5,180) |
|
|
(67,778) |
(31,586) |
| Total Expenditure |
|
(62,598) |
(5,180) |
|
|
(67,778) |
(31,586) |
| Other recognised gains and losses |
|
|
|
|
|
|
|
| Net movement in funds |
|
(16,456) |
8,820 |
|
|
(7,636) |
1,463 |
| Reconciliation o f funds |
|
|
|
|
|
|
|
| Total funds brought forward |
|
156,378 |
|
|
|
156,378 |
154,914 |
| Total funds carried forward |
13 |
139,922 |
8,820 |
|
|
148,742 |
156,377 |
|
|
|
|
, |
, |
|
|
|
|
2021 |
2020 |
|
Note |
|
|
| Fixed assets |
|
|
|
| Tangible assets |
8 |
|
|
| Current assets |
|
|
|
| Debtors |
9 |
1,288 |
1,071 |
| Co−operative bank account |
10 |
66,891 |
66,925 |
| CAF bank account |
10 |
33,225 |
41,126 |
| CAF Gold account |
10 |
56,292 |
50,662 |
|
|
157,696 |
159,784 |
| Creditors: Amounts falling due within one year |
11 |
(8,954) |
(3,407) |
| Net current assets |
|
148,742 |
156,377 |
| Net assets |
|
148,742 |
156,377 |
| Funds o f the charity: |
|
|
|
| Restricted funds |
|
8,820 |
|
| Unrestricted income funds |
|
|
|
| Unrestricted funds |
|
139,922 |
156,377 |
| Total funds |
13 |
148,742 |
156,377 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
2021 |
2020 |
| Donations and legacies; |
|
|
|
|
| Donations from companies, trusts |
|
|
|
|
| and similar proceeds |
|
14,000 |
14,000 |
200 |
| Donations from individuals |
11,366 |
|
11,366 |
23,405 |
|
11,366 |
14,000 |
25,366 |
23,605 |
|
|
Unrestricted |
Total |
|
Total |
|
|
funds |
2021 |
|
2020 |
|
Course fees |
34,771 |
34,771 |
|
9,425 |
| 4 |
Investment income |
|
|
|
|
|
|
|
Total |
|
Total |
|
|
General |
2021 |
|
2020 |
| Interest receivable and similar income; |
|
|
|
|
|
|
Interest receivable on bank deposits |
5 |
|
5 |
19 |
5
Expenditure on charitable activities |
|
|
|
|
|
Total |
Total |
|
|
2021 |
2020 |
|
Note |
|
|
| MusicWorks operation costs |
|
|
|
| Musicians' fees |
|
28,865 |
10,970 |
| Travelling and transport |
|
1,275 |
1,540 |
| Concert fees |
|
|
800 |
| Musicians' fees restricted |
|
5,180 |
|
|
|
35,320 |
13,310 |
| Cost o f running courses |
|
|
|
| Accommodation and food |
|
16,347 |
4,072 |
| Insurance |
|
524 |
514 |
| Domestics' fees |
|
2,720 |
320 |
| Course expenditure |
|
567 |
788 |
|
|
20,158 |
5,694 |
| Governance costs |
|
|
|
| Telephone |
|
630 |
630 |
| Administration fees |
|
8,100 |
8,500 |
| Printing, postage and stationery |
|
|
533 |
|
|
8,730 |
9,663 |
| Legal and professional fees |
|
|
|
| Accountancy fees |
|
2,613 |
2,467 |
| Other |
|
|
|
| Sundry expenses |
|
741 |
352 |
| Publicity and advertising |
|
114 |
|
|
|
855 |
352 |
| Finance charges |
|
|
|
| Bank charges |
|
102 |
100 |
| Total |
|
67,778 |
31,586 |
|
|
Furniture and |
|
|
|
equipment |
Total |
| Cost |
|
|
|
| At |
1 November 2020 |
879 |
879 |
| At |
31 October 2021 |
879 |
879 |
| Depreciation |
|
|
|
| At |
1 November 2020 |
879 |
879 |
| At |
31 October 2021 |
879 |
879 |
| Net book value |
|
|
|
| At |
31 October 2021 |
|
|
| At |
31 October 2020 |
|
|
| 9 |
Debtors |
|
|
|
|
2021 |
2020 |
| Gift Aid |
|
388 |
751 |
| Owed by students |
|
900 |
(100) |
| Prepayments |
|
|
420 |
|
|
1,288 |
1,071 |
| **10 ** |
Cash and cash equivalents |
|
|
|
|
2021 |
2020 |
| Cash at bank |
|
156,408 |
158,713 |
| 11 Creditors: amounts falling due within one year |
|
|
|
|
2021 |
2020 |
|
|
|
£ |
• |
| Trade creditors |
6,301 |
|
950 |
| Accruals |
2,653 |
|
2,457 |
|
8,954 |
|
3,407 |
| Trade creditors −Payments in advance |
6,300 |
|
450 |
| Trade creditors −Donation from a Trust for bursaries |
|
|
500 |
| Accruals −Accountancy |
2,652 |
|
2,457 |
| 13 Funds |
|
|
|
|
|
|
Balance at 1 |
|
|
|
|
|
November |
Incoming |
|
Resources |
Balance at 31 |
|
2020 |
resources |
|
expended |
October 2021 |
| Unrestricted funds |
156,378 |
46,142 |
|
(62,598) |
139,922 |
| Restricted funds |
|
14,000 |
|
(5,180) |
8,820 |
| Total funds |
156,378 |
60,142 |
|
(67,778) |
148,742 |
|
|
|
, |
|
|
|
At 1 November |
|
At 31 October |
|
2020 |
Cash flow |
2021 |
| Cash at bank and in hand |
158,713 |
(2,305) |
156,408 |
| Net funds |
158,713 |
(2,305) |
156,408 |