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|KeyManagementpersonnel|Richard Clark|
|---|---|
||JayHarris|
||TomHarris|
||JamesHunt(resignedJune2O221|
||MoiraLambert|
||SamOwen|
||Chloe Smith|
||PeterWhite(appointedSeptember2022)|
|Company Number|05089501|
|Charity Number|11052L3|
|Registered Office andprincipaladdress|OrpheusCentre|
||NorthParkLane|
||Godstone|
||Surrey|
||RHg8ND|
|Auditors|MooreKingstonSmithLLP,|
||Chartered Accountants|
||BetchworthHouse|
||57-65StationRoad|
||Redhill, Surrey|
||RH11.DL|
|Bankers|coutts& co,|
||440Strand|
||London,WC2|





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||||unrestricted|Restricted|Endowment|Year ended31Yearended31|Year ended31Yearended31|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Fund|August2022Àugust2021||
||Notes||î.||ç.|||
|lnÉome andendowmentsfromi||||||||
|Donationsandgrãñts|||264,425|r43397||447,422|476,577|
|Châritãble ãctivities|||2,515,603|804,915||3,320,518|2,709,447|
|othertradang âctiv¡t¡es|||93,255|||93,255|69,734|
|lnvestments|||792|||792|140|
|TôÌâl ¡ñcome|||2,87a,475|988,312||t,a61,187|3,255,686|
|Êxpendlture on!||||||||
|Rais¡ngfunds|||357,281|||3s7,2A7|464,862|
|charitableact¡vit¡es|||2,O30,37!|7,224,764||3,255,135|2,632,496|
|Total expenditure||5|2,387,658|7,224,764||3,612,422|3,O97,75A|
||||485,877|1236,4s2],||249,365|7s7,924|
|Net ga¡ns/Ílossesl oninvestments||9|(194,616)|||(194,616)|24s,77s|
|Netincome|||297,207|236,4s21||54,749|403,643|
|Transters between lunds||13|15,868|68,463|(84,331)|||
|Netmovementinfunds for the|year||307,069|(167,989)|(84,331)|54,749|403,643|
|Reconcil¡ationoffunds||||||||
|Fundsbroughtforuard|||4,848,509|548,186 2,779,7077,575,796|||7,172,753|
|Fundscarr¡edforuard||13|5,155,578|380,1972,O94,77O7,630,545|||7,575,796|





|||2022|2021|
|---|---|---|---|
||Notes|f|f|
|Fixedassets||||
|Tangiblefixedassets|I|4,304,738|4,106,556|
|lnvestments|9|2,764,222|2,509,939|
|Totalfixedassets||7,069,960|6,615,?94|
|Currentassets||||
|Debtors|10|273,593|157,539|
|Cashat bank and inhand||513,863|1,005,370|
|Total currentassets||727,456|I,162,9O9|
|Liabilities||||
|Creditors: amountsfallingduewithinoneyear|tt|165,87r|202,507|
|Net currentassets||561,585|960,402|
|Totalassetslesscurrentliabilities||7,630,545|7,575,796|
|Total netassets||7,630,545|7,575,796|
|Representedby:||||
|Endowment funds|13|2,094,77O|2,t7g,roL|
|Restrictedfunds|13|380,197|548,186|
|Unrestrictedfunds|13|5,155,578|4,g4g,5og|
|||7,690,545|7,575,796|





## 

## 

||Yearended31|Year ended 31|
|---|---|---|
||August2022|August 2021|
|Notes|E|c.|
|Net cashprovidedbyoperatingactivities|456,059|549,608|
|Cashflows frominvestingactivities|||
|Purchaseoftangiblefixedassets|(497,566\|(t96,237)|
|Purchaseof investments|(450,000)|(600,000)|
|Disposal proceeds||3,232|
|Changeincashandcashequivalents|(491,507)|(243,397)|
|Cashandcashequivalentsatthebeginning ofthe|||
|report¡ng period|1,005,370|L,248,767|
|Cashandcashequivalentsattheendofthe|||
|reportingperiod|513,863|1,005,370|
|a.Reconciliation of netincometonetcashinflow fromoperat¡ng|act¡v¡t¡es||
|Net income beforegainson¡nvestments|249,365|L57,928|
|Adjustments for:|||
|Depreciationandwrite-offoffixedassets|297,875|252,Ltg|
|Losson disposaloffixedassets<br>Decrease/(increase)indebtors|1,509<br>(56,054)|2,L78<br>54,422|
|(Decrease)/increase increditors|(36,636)|83,O27|
|Netcashprovidedbyoperatingactivities|456,059|549,608|





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## 

|Freehold buildings|50years|
|---|---|
|Building improvements|10years|
|Musicâlinstruments|5years|
|Furnitureandequipment|5years|
|Computerequipmentand musictechnology|3years|
|Motorvehicles|4yeãrs|



## 

## 



|2|INCOME FROMDONATIONSANDGRANTS|||||
|---|---|---|---|---|---|
||Yearended31August2022|Unrestricted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||f|f|e|f|
|||2022|2022|2022|2022|
||Donat¡ons|204,425|93,906||298,331|
||Grants|60,000|89,491||L49,49L|
||Total donations|264,425|t8r,397||447,822|
||Yearended31August2021|Unrestr¡cted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||r.|L|C|r.|
|||2021|2021|2021|202t|
||Donat¡ons|335,062|141,360||476,422|
||Grants||150||150|
||Total donations|335,062|141,509||476,57t|





## 

|3|INCOME FROMCHARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|
||Yearended31August2022|Unrestricted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||î.|f|r.|€|
|||2022|2022|2022|2022|
||Learn¡ngprogramme:|||||
||Learning fees|L,670,479|804,915||2,475,394|
||Boxoffice|2,44t|||2,44t-|
||Grants anddonations|||||
|||t,672,92O|804,915||2,477,835|
||Domiciliary care:|||||
||Domiciliarycare fees|632,309|||632,309|
|||632,309|||632,309|
||Supported housing:|||||
||Rent|2t0,374|||2to,374|
||Grants|||||
|||21o,374|||21o,374|
|||2,515,603|804,915||3,320,518|
||Yearended31August2021|Unrestr¡cted|Restr¡cted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||ç-|f|ç.|E|
|||202t|202L|2021|2021|
||Learningprogramme:|||||
||Learning fees|I,232,315|377,881.||t,6to,256|
||Boxoffice|206|||206|
||Grants anddonations|||||
|||1,232,581|377,84!||t,6to,46t|
||Ðomiciliarycare:|||||
||Dom¡ciliary care fees|884,998|||884,998|
|||884,998|||884,998|
||Supported housing:|||||
||Rent|2t4,381|||214,38t|
||Grants|||||
|||214,381|||214,381|
|||2,331,960|377,881||2,709,841|






|4|OTHER TRADING ACTIVITIES|||||
|---|---|---|---|---|---|
||Year ended31August 2022|Unrestr¡cted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||C|f|Ê|Ê|
|||2022|2022|2022|2022|
||Hire offacilities|46,992|||46,992|
||Salesofgoodsandservices|24,218|||20,2r8|
||Otherincome|26,045|||26,045|
|||93,255|||93,255|
||Yearended31August 2021|Unrestricted|Restr¡cted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||Ê|ç.|C|Ê|
|||2021|202t|2021|202t|
||Hire offac¡l¡t¡es|46,993|||46,993|
||Salesofgoodsand services|70,376|||LO,376|
||Other income|77,765|||Lr,765|
|||69,134|||69,LU|





|5|EXPENDITURE|||||
|---|---|---|---|---|---|
||Yearended31August 2022|Staff|Other|Allocat¡on|2022|
|||costs|direct|ofcentaal|Total|
||||costs|costs||
|||Ê|Ê|î.|E|
||cost ofrais¡ngfunds|195,393|49,528|!L2,366|357,287|
||Costof char¡table act¡vit¡es:|||||
||Learningprogramme|7,087,778|175,305|690,727|r,947,8tO|
||Residential & domicil¡ary care|557,531|32,985|270,6t6|861,132|
||Supported housing andEstates|203,247|tro,204|97,933|411,384|
||LossonF¡xedAssetD¡sposals|1,509|||1,509|
||Governance|31,600|r,700||33,300|
|||2,O7L,O58|169,722|t,ttt,642|3,6t2,422|
||Yearended31August 2021|Staff|Other|Allocation|202!|
|||costs|direct|of central|Total|
||||costs|costs||
|||E|E|€|î.|
||Costofra¡s¡ngfunds|301',724|98,O27|65,7Lt|464,862|
||Costof char¡tableact¡v¡t¡es:|||||
||Learn¡ngprogramme|L,096,262|79,407|275,985|L,451,654|
||Res¡dent¡al& dom¡c¡l¡ary care|801,886|1,835|289,126|L,O92,847|
||Supported hous¡ng|29,529|1,808|26,284|57,627|
||LossonFixed Asset Disposals|||2,t19|2,1L9|
||Governance|7,655|21,000||28,655|
|||2,236,456|2O2,O77|659,225|3,097,758|



## 

||Y€ar ended 31|Yearended31|
|---|---|---|
||August|August|
|Employment costs|2022|202L|
||ç.|î.|
|Salariesandwages|2,79r,956|2,004,606|
|Socialsecuritycosts|205,239|t68,672|
|Pension Costs|74,53t|37,286|
|Total employment costs|2,471,726|2,zto,5U|



||Number|of Employees|Pension|Contr¡but¡ons|
|---|---|---|---|---|
||2022|202r|2022|2021|
|Ê60k-70k|2|1|4,403|1,316|
|Ê70k-80k||0|00||
|Ê80k-90k|0|1|0|1,314|
|€90k-100k|L|0|2,201|0|





|NETTNCOMTNG/(OUTGOING)RESOURCES|||
|---|---|---|
||Yearended31|Yearended31|
||Außust|August|
||2022|202L|
||f|E.|
|Netincomingresources beforetransfersarestated aftercharging:|||
|Depreciât¡on|297,875|252,779|
|Bankinterest|2|707|
|lnvestment managementfees|19,687|9,108|
|Aud¡tors' remunerat¡on|75,L44|12,000|
|Aud¡tors' non-aud¡t remunerat¡on|6,840|L4,400|



## 

||Freehold|Musical|Furn¡ture&|Motor|Total|
|---|---|---|---|---|---|
||land&bu¡ldinBs|instruments|equipment|vehicles||
||E|€|E|f|C|
|Cost||||||
|At3lAugust2021|5,488,630|52,987|942,4!5|94,s43|6,578,575|
|Additions|397,434||100,132||497,566|
|D¡sposals|||(88,901)||(88,901)|
|At31August2022|5,885,064|52,9A7|953,646|94,543|6,947,24O|
|Depreciation||||||
|At31August2021|t,72L,46t|36,502|640,103|73,953|2,472,OLg|
|Chargefor theyear|t47,516|6,279|134,600|9,480|297,A75|
|Disposals|||(87,392\||(87,3921|
|At31August 2022|r,868,977|42,74t|687,tLt|83,433|2,642,5O2|
|Netbookvalue||||||
|At31August2022|4,O!7,087|to,206|266,335|11,110|4.304.738|
|At31August 2021|s.767.L69|16,485|302,3L2|20,590|4,106,556|
|INVESTMENTS||||2022|202L|
|||||€|€|
|Market valueasat 31August2021||||2,508,838|7,663,723|
|Add:additionsto¡nvestmentsatcost||||450,000|600,000|
|Add: net ga¡n/loss onrevalual¡on||||(194,616)|245,7t5|
|Marketvalueasat31August2022||||2,764,222|2,508,838|
|H¡stor¡cal costasat 31August2022||||2,74L,234|2,24t,OO5|
|||||31August|31August|
|||||2022|202L|
|Spl¡tas:||||Ê|f|
|Fixedasset ¡nvestments||||2,764,222|2,508,838|
|Currentasset ¡nvestments||||||
|||||2,764,222|2,508,838|
|Comprisedof:||||||
|L¡stedequ¡ties||||2,662,207|2,422,639|
|Cashheldwithin the investmentportfolio||||102,015|86,199|
|||||2,764,222|2.508.838|



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|10|DEBTORS|||
|---|---|---|---|
|||31August|31August|
|||2022|202L|
|||ç,|€|
||Student income|36,911|29,803|
||Other debtors,prepaymentsandaccruedincome|t76,682|127,736|
|||213,593|157,539|
|11|CREDITORS:AMOUNTSFAttlNGDUE|31August|31August|
||WITHINONE YEAR|2022|202t|
|||r.|f|
||Othertaxesandsocialsecurity|62,395|57,498|
||Wages|23,97r|8,342|
||Other creditors andaccruals|79,565|736,667|
|||L65,87L|202',507|
|12|FINANCIATINSTRUMENTS|||
|||31August|31Au8ust|
|||2022|2021|
|||î.|ç.|
||Carryingamountoffinancialassets|||
||Financial assetsmeasured at fair value through theSOFA|2,764,222|2,508,838|
||Financial assetsmeasured at amortisedcost-debtorslessprepayments|I48,267|TT]-,I7O|
|||2,912,489|2,620,009|
||Carryingamountoffinancial liabilities|||
||Financialliabilities measured at amortisedcost|1o3,476|145,009|





|13|MOVEMENT INFUNDS||||||
|---|---|---|---|---|---|---|
||Yearended31August 2022|AtISeptember|lncoming|outgoing|Transfers|At31Autust|
|||2021|resources|resources||2022|
|||f|E|f|€|E|
||ExpendableEndowmentFund||||||
||Buildings andequ¡pment|2,L79,t1t|||(84,331)|2,094,770|
||Restrictedfunds||||||
||GortonFund|5,109||(1,e28)||3,181|
||Outreach Programme|t46,222|1,000|{38e)||146,833|
||Learn¡ngProgramme||804,91s|(804,915)|||
||AlchemyFoundation||44,860|(44,860)|||
||colN|43,733||(10,s86)||33,r47|
||Transit¡ons Fund|22t,372|80,936|(133,992)||168,316|
||Minibus Fund|2,527||||2,s27|
||Muga|L24,056|25,000|(205,236)|56,180||
||Gamesequ¡pment|LL6||||116|
||Musiclessons|1,000||||1,000|
||Enterprise Café||tt,700|(8,129)||3,577|
||Sculpture Trail||13,340|(448)||72,892|
||Sensory Garden||1,000|(10,937)|11,500|1,563|
||PlayingCards||2,56L|(3,344)|783||
||NurseA¡dcallSystem||3,000|||3,000|
||Other activ¡ties|4,051||||4,051|
||Totäl restr¡cted funds|548,186|988,312|(1,224,7641|68,463|380,197|
||Unrestricted funds||||||
||General funds|7,548,879|2,672,297|(2,37s,2961|(82,0211|1,763,8s9|
||Des¡gnatedfunds||||||
||LongtermBu¡lding Fund|1,320,606|||(186,133)|t,t34,473|
||Music lessons|46,220||(s,800)||40,420|
||Newbuilding supportedhousingfund|30r,793|||(7,s39)|294,254|
||ManorHouse Fund|47,677|||116,72s]'|30,952|
||FixedAsset Fund|1,583,334|||308,286|LAgt,620|
||Total unrestricted funds|4,848,s09|2,672,297|(2,381,096)15,868||5,155,578|
||Total funds|7,575,796|3,660,609|(3,605,860)||7,630,545|



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|Yearended31August2022||||||
|---|---|---|---|---|---|
||Unrestricted||Restricted|Endourment|Totel|
||Funds||Funds|Funds|Funds|
||f||f|f|€|
|Fixed assets|4,974,r90|||2,O94,770|7,068,960|
|Currentassets|347,259||380,797||727,456|
|Current liabilities|(16s,871)||||(16s.8711|
||5,155,s78||380,197|2,O94,770|7,630,545|
|Yearended31August2021||||||
||Unrestr¡cted|Restricted||Endowment|Total|
||Funds||Funds|Funds|Funds|
||f.||r|f|f|
|Fixed assets|4,436,293|||2,t79,10r|6,615,394|
|Currentassets|614,723||548,186||1,762,909|
|Current liabilit¡es|(2O2,sO7l||||(2O2,SO7l|
||4,848,509||s48,1862,\79,LOL||7,575,796|
|OPERATING TEASECOMMITMENTS||||||
|The char¡ty'sfuturemin¡mum operâtingleasepaymentsareasfollows:||||31August|31August|
|||||2022|202L|
|||||f|ç|
|Equipment||||||
|With¡noneyear||||4,147|I,O49|
|Betweentwoandfiveyears||||74,282|1,O49|



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