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2022-10-31-accounts

Reference and Admimstrative
Details
Reference and Admimstrative
Details
Trnstees' Report
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet 19to 20
Notes to the Financial Statements 21to30

Charity Name Charity Name MusicWorks
(Chamber Courses) Limited
MusicWorks
(Chamber Courses) Limited
MusicWorks
(Chamber Courses) Limited
Charity Registration Number 1100443
Company Registration Number
Registered Office and operational address 29 Church Road, Totternhoe, Bedfordshire, LU6 1RE
Trustees Lachlan Burn (Chairman)
Elspeth Arden (Secretary)
Simon Rourke
Hannah
Sloane
Michael Spencer
Alex Tamlyn
Executive Officers/Members Catherine
Manson (Chief
Executive Offtcer)
Robert Max
Company Secretary Elspeth Arden
Reporting Accountant Anthony
Williams
4
Co
Limited,
Chartered
Trevenson House, Pool, Cornwall TR153PT
Accountants,
Bankers CAP Bank, 25 King's Hill, West Mailing, Kent, ME194'

{Including 'Inco me an d Kxpen diture Account and St
Losses)
atentent ofTot al Recognised Gains and
Unrestricted
funds
Income and Endowments from:
Donations
and legacies
15,236 12,050 27,286 25,366
Activities to further the charity's
objects 40,640 40,640 34,771
Investment
income
110 110 5
Total Income 55,986 12,050 6S,036 60,142
Expenditure
on:
Charitable
activities
(12,745) (87,318) (67,778)
Total Expenditure (74,573) (87,3IS)
Other recognised gains and losses
Net movement
iu funds
(18,587) (19,282) (7,636)
Reconciliation offunds
Total funds brought forward 139,923 148,743
Total funds carried forward 13 121,336 8,125 129,461 148,742

Note
Fixed assets
Tangible assets
Current assets
Debtors 9 541 1,288
Co-operative bank account 10 68,511 66,891
CAF bank account 10 6,872 33)225
CAF Gold account 10 56,390 56,292
132,314 157,696
Creditors: Amounts faHing dne within one year (2,853) {8,954)
Net current assets 148,742
Net assets
Funds ofthe charity:
Restricted f'unds
Unrestricted. income funds
Unrestricted funds 121,336 139,922
Total funds 129,461 148,742

Unrestricted Restricted Total Total
funds funds 2022 2021
Donations
and
legacies;
Donations &om companies, trusts and
similar proceeds 6„500 11,550 18,050 14,000
Donations &om individuals 8,736 500 9,236 11,366
12,050
3 Income from activities to further the charity's objects
Unrestricted Total Total
funds 2022 2021
f.
40„640 40,640 34,771
4 Investment income
Total Total
General 2022 2021
Interest receivable and similar income;
Interest receivable on bank deposits 110

5
Expenditure
on char itable
activities
Total
2022
Note
Music&orks operation costs
Musicians'
fees
32,923 28,86S
Travelling
and transport
2,671 1,275
Musicians'
fees
restricted 4,820 5,180
40,414 35,320
Cost ofrunning courses
Acconjjnodation and 'food 27,100 16,347
Insurance 517 524
Domestics' fees 3,270 2,720
Course expenditure 271 567
31,158
Governance
costs
Telephone 650 630
Admirustration fees 11,674 8,100
Website update and maintenance 300
Printing,
postage
and stationery 25
12,649
Legal and. professional fees
Accountancy
fees
2,613
Other
Sundry expenses 208
Publicity
and advertising
208 855
Naance charges
Bank charges 93 102
Total 87,318 67,778

8
Tangible fi
xed assets
Furniture and
equipment Total
Cost
At I November 2021
At31October 2022 879
Depreciatton
At 1 November 2021
At 31October 2022
Net book value
At 31October 2022
At 31October 2021
9
Debtors
2021
GHt Aid 541 388
Owed by students 900
10 Cash and cash equivalents
2022 2021
131,773 156,408

Balance at 1
November incoming Resources Balance at31
2021 resources expended October 2022
Unrestricted funds 139,923 55,986 {82,498) 113,411
Restricted funds 8,820 12,050 {12,745) 8,125
Total funds 68,036 (95,2433 121,536

14 Analysis ofnet funds
At 1November At 31October
2021 2022
Cash at bank and in hand 131,773
Net fimds 156,408 24,635