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|Contents|||Page No.|
|---|---|---|---|
|Members ofthe Board and professional||advisors||
|Directors' report|||3to 8|
|Independent
auditor's
report to the|Directors||9and 10|
|Statement offinancial activities (incorporating||||
|the income and expenditure
account)||||
|Consolidated
balance sheet|||12|
|Company
balance sheet|||13|
|Statement ofcash flows|||14|
|Notes forming part ofthe financial|statements||15to 22|
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||||Unrestricted|Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total|Total|
||||Notes|2021|2021|2021|2020|
|Income:||||||||
|Donations
and legacies|||6|124,092|9,500|133,592|114,318|
|Income from charitable|activities|||||||
|Concerts and performances|||7|146,370||146,370|662,873|
|Total incoming
resources||||270,462|9,500|279,962|777,191|
|Expenditure:||||||||
|Costs ofraising funds|||8|15,956||15,956|34,814|
|Charitable
activities|||8|202,848|9,500|212,348|746,778|
|Total expenditure||||218,804|9,500|228,304|781,592|
|Net income/(expenditure)||and net||||||
|movement
In funds forthe year||||51,658||51,658|(4,401)|
|Transfers||||||||
|||||51,658||51,658|(4,401)|
|Fund balances brought|forward|||1,977||1,977|6,378|
|Fund balances carried|forward|||53,635||53,635|1,977|
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||||Notes|2021|2020|
|---|---|---|---|---|---|
|Fixed assets||||||
|Tangible|assets|||||
|Current assets||||||
|Debtors|||13|16,387|117,497|
|Cash at bank snd||in hand||261,955|43,442|
|||||278,342|160,939|
|Creditors: Amounts||falling due within one year|14|(224,708)|(158,963)|
|Net current assets||||53,634|1,976|
|Total assets|Ines current liabilities|||53,635|1,977|
|Funds||||||
|Unrestricted|funds|||53,635|1,977|
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|||Notes|2021|2020|
|---|---|---|---|---|
|Fixed assets|||||
|Tangible assets||11|1|1|
|Investment||12|100|100|
||||101|101|
|Current assets|||||
|Debtors|||16,387|117,497|
|Cash at bank and|in hand||261,933|43,420|
||||278,320|160,917|
|Creditors: Amounts|falling due within one year|14|(225,555)|(159,810)|
|Net current assets|||52,765|1,107|
|Total assets less current liabilities|||52,866|1,208|
|Funds|||||
|Unrestricted
funds|||52,866|1,208|
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||||||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|---|---|
|||||Notes|2021|2021|2020|2020|
|||||||f|||
|Cash provided|(used) in operating||activities|15|219,291|219,291|||
|Cash flows from investing||activities:|||||||
|Purchase oftangible fixed assets|||||(778)|(778)|||
|Net cash used|in investing|activities|||(778)|(778)|||
|Change
in cash|and cash|equivalents|||||||
|in the year|||||218,513|218,513|842|842|
|Cash and cash|equivalents|brought|forward||43,442|43,420|42,600|42,578|
|Cash and cash|equivalents|carried|forward||261,955|261,933|43,442|43,420|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||E||
|Incoming resources||||279,962|777,191|
|Donations|from subsidiary|||||
|||||279,962|777,191|
|Expenditure|on costs ofraising funds|||(15,956)|(34,814)|
|Expenditure|on charitable||activities|(212,348)|(746,778)|
|Net incoming resources||||51,658|(4,401)|
|Total funds|brought|forward||1,977|6,378|
|Total funds|carried|forward||53,635|1,977|
|Represented
by||||||
|Unrestricted|funds|||53,635|1,977|
|||2021|2021|2020|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Unrestricted|Restricted|
|||E|||F|
|Income:||||||
|Donations
and legacies||124,092|9,500|54,756|59,562|
|Income from charitable|activities|146,370||662,873||
|Total incoming
resources||270,462|9,500|717,629|59,562|
|Expenditure:||||||
|Costs ofraising funds||15,956||34,064|750|
|Charitable
activities||202,848|9,500|685,880|60,898|
|Total expenditure||218,804|9,500|719,944|61,648|
|Net incomel(expenditure)|and net|||||
|movement
in funds forthe year||51,658||(2,315)|(2,086)|
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||2021f|2020|
|---|---|---|
|Donations
and gifts|||
|Individuals|10,241|100,215|
|Trusts and foundations|9,500|14,103|
|Arts Council|93,051||
|Furlough
Grant|20,800||
||133,592|114,318|
|oming resou|rces from charitable activities|||
|---|---|---|---|
|||2021|2020|
||||F|
|Concert income||49,937|602,357|
|Orchestra tax|relief|93,938|58,021|
|Miscellaneous|income|2,495|2,495|
|||146,370|662,873|
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||||Charitable|Fund|Total|Total|
|---|---|---|---|---|---|---|
||||activity|raising|2021|2020|
|Artists' fees|||52,026||52,026|411,707|
|performance|and production costs||14,712||14,712|176,642|
|Salaries and|freelance staffing costs||113,743|15,556|129,299|150,215|
|Depreciation|||778||778|46|
|Independent|examination|-Governance|1,100||1,100|1,950|
|Bank interest|paid||497||497|1,026|
|Other support|costs||29,492|400|29,893|40,006|
||||212,348|15,956|228,304|781,592|
|The expenditure
on the main charitable|activities are as follows:|||
|---|---|---|---|
|||2021|2020|
|||F|F|
|Concerts and performances
Educational
activities||201,806
10,542|709,733
37,045|
|||212,348|746,778|
|Staffcosts|||
|---|---|---|
|Staff costs during the period were as follows:|2021|2020|
|Salaries and wages
Social security costs
Pension costs|97,287
5,889
2,373|107,729
7,897
2,694|
||105,549|118,320|
|Freelance staff costs|23,750|31,895|
||129,299|150,215|
|Social security costs
Pension costs
Freelance staff costs|||,
5,889
2,373
105,549
23,750
129,299|,
7,897
2,694
118,320
31,895
150,215|
|---|---|---|---|---|
|The average number ofemployees|during the period, analysed|by function|was:||
||||Number|Number|
|Direct charitable
expenditure|||||
|chief executive|||1||
|Others|||2||
|No employee earned, as defined for|taxation purposes, 660,000or more.||||
|The above staff costs include:|||||
|Director's
remuneration||||23,714|
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|Fixed assets||
|---|---|
||Furniture
&|
||equipment|
|Cost||
|At 1 April 2020|4,106|
|Additions|778|
|At 31 March 2021|4,884|
|Depreciation||
|At 1 April 2020|4,105|
|Charge for the period|778|
|At 31 March 2021|4,883|
|Net book value||
|At 31 March 20201||
|At 31 March 2020||
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