2022-08-31-accounts

Reference and Administrative Details	1 to 2
Trustees' Report	3to 8
Independent Examiner's Report	9to 10
Statement of Financial Activities
Balance Sheet	12to 13
Notes to the Financial Statements	14to 26

	Reference	and Administrative D	and Administrative D
Registered	Office	Opera North Limited
		Howard Opera Centre
		8 Hanison Street
		Leeds
		West Yorkshire
		LS1 6PA
Independent	Examiner	FoxJennings	Cullen
		Tam House
		77 High Street
		Yeadon
		Leeds
		LS197SP
Accountants		FoxJennings	Cullen
		Tam House
		77 High Street
		Yeadon
		Leeds
		LS197SP
Solicitors:		Wrigleys Solicitors
		19Cookridge Street
		Leeds
		LS23AG
Bankers		Barclays Bank
		69Albion Street
		Leeds
		LS1 5AA

R	ecognised Ga	ins and Losse	s)
			Totalfunds	Totalfunds
			(all	(aii
			unrestricted)	unrestricted)
			2022	2021
		Note	E	E
Income and Endowments	from:
Donations and legacies			263,122	253,760
Charitable activities			71,785	100,721
Other trading activities			27	29
Investment income			3,613	1,123
Other income			5,341	10,926
Total income			343,888	366,559
Expenditure on:
Charitable activities Other expenditure		8 9	(419,304) ~3,751	(388,955) ~5.667
Total expenditure			~423,055	~394,622
Net expenditure			~79167	,~26,063
Net movement in funds			(79,167)	(28,063)
Reconciliation offunds
Total funds brought forward			399,237	427,300
Total funds carried forward		21	320,070	399,237

							Note	Note	2022 R	2021 f
Current. assets
Debtors								16	7,776	14,382
Investments								17	250,000	250,000
Cash at bank and		in	hand					18	73,869	146,369
									331,645	410,751
Creditors: Amounts				falling	due within	one year	19		~11,575 ~11,514
Net assets									320,070	399,237
Funds ofthe charity:
Unrestricted	income			funds
Unrestricted	funds								320,070	399,237
Total funds							21		320,070	399,237
For the financial		year		ending	31 August	2022 the	charity		was entitled to	exemption
from audit	under		section		477 of the	Companies		Act 2006 relating		to small
companies.

					Unrestricted
					funds	Total	Total
					General	2022	2021
					R	6
Grants,		including		capital grants;
	Government		grants		263,122	263,122	253,760
					263,122	263,122	253,760
4	Income		from charitable activities
					Unrestricted
					funds	Total	Total
					General	2022	2021
					R
	Provision of		music education		71,785	71,785	100,721
5	Income		from other trading activities
					Unrestricted
					funds	Total	Total
					General	funds	2021
Trading		income;
	Merchandise		sales		27	27	29
					27	27	29
6	Investment			income
					Unrestricted
					funds	Total	Total
					General	2022	2021
					6	6
Interest		receivable		and similar income;
	Interest receivable on bank deposits				3,613	3,613	1,123

					Unrestricted
					funds	Total	Total
					General	2022	2021
					R	R	R
Fees	for	examinations	and	performances	5,341	5,341	10,926

			Unrestricted
			funds	Total	Total
			General	2022	2021
		Note
Grant funding	ofactivities		1,763	1,763	2,392
Staff costs			320,884	320,884	344,348
Allocated support costs		10	49,895	49,895	20,704
Governance	costs	10	46,762	46,762	21,511
			419,304	419,304	388,955

				Unrestricted
				funds	Total	Total
				General	2022	2021
			Note	K	R	R
Other	resources	expended		3,751	3,751	5,667
				3,751	3,751	5,667

Governance	costs
		Unrestricted
		funds	Total
		General	funds
			R
Independent	examiner fees
Examination	ofthe financial statements	2,112	2,112
Other fees	paid to examiners	2,935	2,935
Legal fees		8,962	8,962
Allocated support costs		32,753	32,753
Total for 2022		46,762	46,762
Total for 2021		21,511	21,511

Analysis ofgrants
		Grants to	individuals
		2022	2021
		R
Analysis
Teaching equipment	and materials	29	29
Exam fees		3,066	3,066
Student assistance		458	458
Student enrichment		549	549
		4,102	4,102

13 Staffcosts The aggregate payroll costs were as follows:
	2022	2021
		R
Staffcosts during the year were:
Wages and salaries	268,578	304,581
Social security costs	7,979	1,642
Pension costs	42,493	36,175
Other staff costs	1,834	1,950
	320,884	344,348

team) employed by the charity durin was as follows:	g the year expressed as full	time	equivalen	ts
	2022		2021
	No		No
Tuition		33		35
Administration		2		2
		35		37

14 Indepe	ndent	examiner's	remuneration
				2022	2021
Examination	ofthe	financial statements		2,112	2,040
Other fees	to examiners
Examination-related		assurance	services	1,248	1,230
All other services				1,687	67
				2,935	1,297

18	Debtors
		2022	2021f
Trade	debtors	3,390	12,682
Prepayments		4,386	1,283
Accrued income			417
		7,776	14,382
17	Current asset investments
		2022f	2021
Cash	investments	250,000	250,000
18	Cash and cash equivalents
		2022	2021
Cash	at bank	73,869	146,369