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|Reference and Administrative
Details ofthe Charity, its Trustees and Advisers|
|---|
|Trustees' Report|
|Independent
Examiner's
Report|
|Statement ofFinancial Activities|
|Balance Sheet|
|Notes to the Financial Statements|
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|||Note|Restricted
funds
2022|Unrestricted
funds
2022|Total
funds
2022|Total
funds
2021|
|---|---|---|---|---|---|---|
|Income from:|||||||
|Donations
and legacies
Charitable
activities|||36,400|95,920|132,320|98,936|
|investments||||1T9,555|'l79,555|97,660|
|||||494|494|415|
|Total Income
Expenditure
on:|||36,400|275,S69|312,369|19?,0'l1|
|Raising funds|||||||
|Charitable
activities|||42,900|6,434
255,731|6,434
298,631|6,501
226,401|
|Total expenditure|||42,900|262,165|305,065|232,902|
|Net movement
in funds|||(6,500)|13,804|7,304|(35,891)|
|Reconciliation
offunds:|||||||
|Totai funds brought
forward
Net movement
in funds|||33,300
(6,500)|248,571
13„804|281,871
7,304|317,T62
(35,891)|
|Total funds carried|forward||26,800|262,375|289,175|281,871|
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||||||BALANCE SHEET|BALANCE SHEET|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||AS|AT 31|OCTOBER 2022|||||||
|||||||||2022|||||
||||||Note||||||||
|Fixed assets|||||||||||||
|Tangible assets|||||||||||||
|||||||||24,714||||11,208|
|Current assets||||||||24,714||||11.208|
|Debtors|||||||||||||
|Cash at bank and in hand||||||14,374
276,543||||11,312
310,093|||
|Creditors: amounts||falling due|within|one||290,917||||321,405|||
|year||||||(26,456)||||(50,742)|||
|Net current assets|||||||||||||
|Total net assets|||||||284,881||||270,663||
||||||||288,178||||281,871||
|Charity funds|||||||||||||
|Restricted funds|||||||||||||
|Unrestricted
funds||||||||26,800|||33,300||
|Total funds|||||||262,375||||248,571||
||||||||289,175||||281,8?1||
|The
financial
Kv|statements||were|approved|and|authorised
and signed|for
issue
by
on their behalf|||the
by:|Trustees|on|
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|Restricted|Unrestricted|Total|
|---|---|---|
|funds|funds|funds|
|2022|2022|2022|
||f.|E|
|36,400|95,920|132,320|
|Restricted|Unrestricted|Total|
|funds|funds|funds|
|2021|2021|2021|
|E|||
|50,449|48,487|98,936|
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||Unrestr/cted|Total|
|---|---|---|
||funds|funds|
||2022|2022|
|Student fees|||
|Pop-up
Online sales|160,445
17,800|160,445
17,800|
|Merchandise|1,310|1,310|
||179,555|179,555|
||Unrestricted|Total|
||funds|funds|
||2021|2021|
||F||
|Student fees|||
|Pop-up
Online sales|73,340
5,552|73,340
5,552|
|Merchandise|14,619|14,619|
||4,149|4,149|
|Total 2021|9?660|97 660|
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||Investment|income||
|---|---|---|---|
||Investment|income||
|6.|Expenditure|on raising funds||
||Costs ofraising voluntary||Income|
|Urirestricted|Total|
|---|---|
|funds|funds|
|2022|2022|
|Unrestricted|Total|
|funds|funds|
|2021|2021|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2022|2022|
|Advertising|||
|Fundraising|2,183|2,183|
|Merchandise|1,923|1,923|
||2,328|2,328|
||6,434|6,434|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|Advertising||||
|Fundra|Ising|301|301|
|Merchandise||18|'l8|
|||6,182|6,182|
|||6,501|6,501|
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||||Restricted|Unrestricted||
|---|---|---|---|---|---|
||||funds
2022|funds
2022|Total
2022|
||||F|||
|Charitable|activity|expenses|42,900|255,731|298,631|
||||Restricted|Unrestricted||
||||funds
2021|funds
2021|Totai
2021|
|Charitable|activity|expenses||E
168,752|E
226,401|
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||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly
2022|costs
2022|funds
2022|
|Charitable|activity expenses||186,197||298,631|
||||Activities|||
||||undertaken|Support|Total|
||||directly
2021|costs
2021|funds
2021|
|Charitabie|activity|expenses|144,278|E
S2,123|226,401|
|Analysis ofdirect||costs||||
|||||Totai|Total|
|||||I'unds|funds|
|||||2022|2021|
|Depreciation|(floor)|||||
|TraveVsubsistence||(teachers)||5,632|3,090|
|Teachers, pianists,||physio, auditions||8,044|3,726|
|Location/facilities||||59,949|47,640|
|||||1'f2,5?2|89,S22|
|||||186,197|144,27S|
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|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|Staffcosts||||
|Depreciation||85,629|58,313|
|Sundry expenses||586|412|
|Computer
and eebsite costs||341|291|
|insurance||1,867|1,552|
|Printing,
postage and|stationery|3,793|3,330|
|Accountancy fees||1,171|890|
|Legal 8 professional|fees|5,340|5,250|
|Telephone
and internet||4,369|3,8?4|
|Office rent||5'f7|567|
|Storage costs||2,529|3,591|
|Equipment||3,118|3,118|
|||3,174|935|
|||112,434|82,123|
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|Wages and|salaries|||2022f||
|---|---|---|---|---|---|
|Social security costs||||?9,433|56,723|
|Contribution|to defined|contribution|pension schemes|4,35'I
1,845|331
1,259|
|||||85,629|58,3'l3|
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|Staff costs|(continued)||||
|---|---|---|---|---|
|The average|number of persons employed|by|the charity during the year was as follows:||
||||2022|2021|
|Management,|administration
and fundraising||No.|No.|
|No employee
received remuneration
amounting
Key Management
Compensation|||to more than f60,000 in either year.||
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||Fixtures 8|Computer||
|---|---|---|---|
||tittings|equipment|Total|
|Goat or valuation||E||
|At 1 November 2021||||
|Additions|18,299|6,967|25,266|
|At 31 October 2022|19,724||19,724|
||38,023|6,967|44,990|
|Depreciation||||
|At 1 November 2021||||
|Charge for the year|8,888|5,170|14,058|
|At 31October 2022|5,632|586|6,2'l8|
||14,520|5,756|20,2?6|
|Net book value||||
|At 31 October 2022||||
||23,503|1,21'I|24,714|
|At 31October 2021||||
|||1,797|1'f,208|
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|Due within|one year|
|---|---|
|Prepayments|and accrued income|
|2022|2021|
|---|---|
|14,374|11,312|
|14,374|11,312|
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||||2021|
|---|---|---|---|
|Gther creditors||||
|Accruais and deferred|income|1,456|1,503|
|||25,000|49,239|
|||26,456|50,742|
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|NOTES TO THE FINANCIAL
FOR THE YEAR ENDED 31|STATEMENTS
OCTOBER 2022|
|---|---|
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|||Balance at 1
November
2021|Income|Expenditure|Balance at
31October
2022|
|---|---|---|---|---|---|
|Unrestricted|funds|||||
|General Funds||||||
|||248,571|275,969|(262,165)|262,3?5|
|||Baiance at 1
November
2021|income|Expenditure|Balance at
31October
2022|
|Restricted funds|||||E|
|Restricted
Funds||||||
|||33,300|36,400|(42,900)|26,800|
|Total offunds||281,871|312,369|(305,065)|289,175|
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|||Balance at
1 November
2020|income|Expenditure|Balance at
31 October
2021|
|---|---|---|---|---|---|
|Unrestricted|funds|||||
|General Funds||||||
|||277,262|146,562|(175,253)|248,5T1|
|Restricted funda||||||
|Restricted
Funds -ail funds||40,500|50,449|(57,649)|33,300|
|||Balance at
1 November
2020|income|Expenditure|Balance at
31 October
2021|
|Total offunds||317,762|197,011|(232,902)|281,871|
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|||Restricted
funds
2022|Unrestricted
funds
2022|Total
funds
2022|
|---|---|---|---|---|
|||E|||
|Tangible|fixed assets||||
|Current|assets||24,714|24,714|
|Creditors|due within one year|26,800|264,117|290,917|
||||(26,456)|(26,456)|
|||26,800|262,3?5|289,175|
|||Restricted
funds
202'I|Unrestricted
funds
2021|Total
funds
2021|
|---|---|---|---|---|
|Tangible|fixed assets||||
|Current|assets||11,208|11,208|
|Creditors|due within one year||288,105|321,405|
||||(50,742)|(50,742)|
|Total||33,300|248,571|281,871|
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