| Page | |
|---|---|
| Legal and Administrative Information |
|
| Report ofthe Board ofTrustees and Directors |
|
| Report ofthe Independent Examiner |
|
| Statement ofFinancial Activities | 10 |
| Statement ofTotal Recognised Gains and Losses |
|
| Balance Sheet | |
| Notes to the Financial Statements |
13-16 |
| Incoming Resources | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Note | Funds | Funds | 2020 | 2019 | |||
| Income | |||||||
| Voluntary income |
|||||||
| Grants —charitable foundations |
97,690 | 97,690 | 137,093 | ||||
| Donations and legacies |
186,989 | 186,989 | 121,243 | ||||
| Income Irom investments | 3 | 3 | |||||
| Income from charitable | activities: | ||||||
| Concert and workshop | income | 157,996 | 116,601 | 274,597 | 283,370 | ||
| Subscription s |
23,865 | 23,865 | 17,330 | ||||
| Merchandising income |
4,940 | 4,940 | 9,828 | ||||
| Total Income | 373,793 | 214,291 | 588,084 | 568,864 | |||
| Expenditure | |||||||
| Costs ofgenerating funds: |
|||||||
| Fundraising and donations |
75,376 | 75,376 | 39,882 | ||||
| Expenditure on charitable |
activities | ||||||
| Concert and workshop | 309,705 | 214,291 | 523,996 | 506,638 | |||
| Governance costs |
2,041 | 2,041 | 3,816 | ||||
| Total Expenditure | 387,122 | 214,291 | 601,4]3 | 550,336 | |||
| Net (Expenditure) / Income |
(13,329) | (13,329) | 18,528 | ||||
| Reconciliation ofFunds |
|||||||
| Fund balances brought | forward | (22,153) | (22,153) | (40,681) | |||
| Fund balances carried | forward | 35,482 | ~35,482) | (22,153 |
| 2020 | 2019 | |
|---|---|---|
| SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR | (13,329) | 18,528 |
| TOTAL RECOGNISED GAINS AND LOSSES | ||
| RELATING TO THE YEAR | (13,329) | 18,528 |
| Note | 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixed Assets | |||||||||
| Tangible Fixed Assets | 2,915 | 3,680 | |||||||
| Current Assets | |||||||||
| Stock | 12,242 | 16,266 | |||||||
| Debtors | 26,906 | 108,873 | |||||||
| Cash at bank | and in | hand | 12,869 | 14,984 | |||||
| 52,017 | 140,123 | ||||||||
| Current Liabilities | |||||||||
| Creditors: amounts | falling due within | ||||||||
| one year | 29,939 | 165„955 | |||||||
| Net Current | Asset/(Liabilities) | 22,078 | 25,832 | ||||||
| Long Term | Liabilities | (60,474) | |||||||
| Net Liabilities | (35,481) | (22,152) | |||||||
| Funds | |||||||||
| Unrestricted | Funds | (35,481) | (22,152) | ||||||
| Restricted Funds | |||||||||
| Total Funds | |||||||||
| (35,481 | (22,152) |
| Tangible Fixed Assets | Tangible Fixed Assets | Set costs | Set costs | Office | Computer | Website | Total | |
|---|---|---|---|---|---|---|---|---|
| Equipment | Equipment | Costs | ||||||
| Cost or valuation | ||||||||
| At 31 July 2019 | 10,000 | 2,880 | 3,939 | 3,840 | 20,659 | |||
| Additions | 320 | 1,113 | 1,433 | |||||
| At 31 July 2020 | 10,000 | 3,200 | 5,052 | 3,840 | 22,092 | |||
| Depreciation | ||||||||
| At 31 July 2019 | 10,000 | 2,055 | 3,376 | 1,548 | 16,979 | |||
| Charge for the year | 772 | 466 | 960 | 2,197 | ||||
| At 31 July 2020 | 10,000 | 2,827 | 3,842 | 2,508 | 19,176 | |||
| Net book value | ||||||||
| At 31 July 2020 | 373 | 1,210 | 1,332 | 2,915 | ||||
| At 31 July 2019 | 563 | 2,292 | 3,680 | |||||
| 6. | Stock | 2020 | 2019 | |||||
| Compact Discs for resale | 5,040 | 5,706 | ||||||
| Sheet music | 7,202 | 10,560 | ||||||
| 12,242 | 16,266 | |||||||
| 7. | Debtors: amounts | falling due within | one year | 2020 | 2019 | |||
| Other debtors | 23,563 | 79,964 | ||||||
| Prepayments and accrued |
income | 3,343 | 28,909 | |||||
| 26,906 | 108,873 | |||||||
| 8. | Creditors: amounts | falling | due within | one year | 2020 | 2019 | ||
| Other creditors | 10,769 | 74,083 | ||||||
| Bank overdraft | 34,001 | |||||||
| Unsecured loans |
30,000 | |||||||
| Social security and |
other taxes | 6,061 | 9,426 | |||||
| Accruals &deferred | income | 13,109 | 18,445 | |||||
| 90,413 | 165,955 |