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