2021-07-31-accounts

	Page
Legal and Administrative Information
Report ofthe Board ofTrustees and Directors	2-9
Report ofthe Independent Examiner	10
Statement ofFinancial Activities
Statement ofTotal Recognised Gains and Losses	12
Balance Sheet	13
Notes to the Financial Statements	14-17

Incoming Resources
			Unrestricted	Restricted	Total	Total
		Note	Funds	Funds	2021	2020
Income
Voluntary income
Grants - charitable foundations				49,890	49,890	97,690
Donations and legacies			166,264		166,264	186,989
Income from investments						3
Income from charitable activities:
Concert and workshop	income		88,153	225,149	313,302	274,597
Subscriptions			15,767		15,767	23,865
Merchandising income			2,756		2,756	4,940
Total Income			272940	275039	547979	588084
Expenditure
Costs ofgenerating funds:
Fundraising and donations			60,985		60,985	75,376
Expenditure on charitable	activities
Concert and workshop			237,982	275,039	513,021	523,996
Governance costs			4,472		4,472	2,041
Total Expenditure			303439	275,039	578478	601,413
Net (Expenditure) / Income			(30,499)		(30,499)	(13,329)
Reconciliation ofFunds
Fund balances brought forward			(35,482)		(35,482)	(22,153)
Fund balances carried forward			~65 983		65 981	35482

	2021	2020
	g
SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR	(30,499)	(13,329)
TOTAL RECOGNISED GAINS AND LOSSES
RELATING TO THE YEAR	(30,499)	(13,329)

		Note		2021		2020
Ftaed Assets
Tangible Iised Assets				3,315		2,915
Current Assets
Stock		6	12,158		12,242
Debtors Cash at bank and in	hand	7	35,816 4S,919		26,906 12.869
Current Liabilities			96,893		52,017
Creditors: amounts	falling due within
ono year		8	108,172		29,939
Net Current Asset/(Liabilities)				~33,279		22,078
Long Term Liabilities				(58,018)		(60,474)
Net LiabiTities				~65.982		~3,883
Funds
Unrestricted Funds Restricted Funds				(65,982)		(35,481)
Total Funds
				165,982)		~635.881

			Other
		Staff Costs	Direct Costs	D~i		2021 Total	2020 Total
Charitable	Expenditure
Concert and	workshop	161,681	203,450			365,131	369,954
Support costs		83,218	81,260		2,281	166,759	179,978
Grants and fundraising		10,835	32,570			43,405	52,820
Governance	costs		3,183			3 183	1 430
Total for charity		255,734	349,174		2,197	578,478	604,182
Expenditure	includes:
Independent	Examiner's Fee					3,180	3,200
Operating lease rentals —Land and		buildings				21 ODD	21,DOO
Staff costs						2021	2020
Staffcosts were as follows:
Salaries and	wages					222,760	227,760
Social security costs						20,080	17,573
Pension contributions						12894	7,478
Total						255 734	252 811
The average	number ofemployees	during the year,	calculated on	the basis	offull	time equivalents,	was as
follows;
						2021	2020
						No	No
Administration and support						8	9
Fundraising						1	1
							10

Tangible Fixed Assets	Tangible Fixed Assets	Setcosts	Setcosts	Office	Computer	Website	Total
				Equipment	Equipment	Costs
Cost or valuation
At 31July 2020			10,000	3,200	5,052	3,840	22,092
Additions					2,682		2,682
At 31July 2021			10,000	3,200	7 734	3 840	24 774
Depreciation
At 31July 2020			10,000	2,827	3,842	2,508	19,176
Charge for the year				185	1 136	960	2 281
At 31July 2021			10 0110	3,012	4978	3468	21,458
Net book value
At 31July 2021				188	2,755	372	3,315
At 31July 2020				373	1,210	1,332	2,915
Stock						2021	2020
Compact Discs for resale						5,040	5,040
Sheet music						7,118	7,202
						12,158	12,242
Debtors: amounts	falling due within one year					2021	2020
						8
Other debtors						35,543	23,563
Prepayments and accrued		income				273	3,343
						35 816	26 9116
Creditors: amounts	falling		due within	one year		2021	2020
							K
Other creditors						72,411	10,769
Bank overdrail
Unsecured loans
Social security and	other taxes					6,247	6,061
Accruals &deferred	income					29,514	13 109
						108.172	29939