## ## ## |Contents||||Page No.| |---|---|---|---|---| |Members ofthe Board and professional|||advisors|| |Directors' report||||| |Independent
auditor's
report|to the|Directors||| |Statement offinancial
activities (incorporating||||| |the income and expenditure|account)|||10| |Consolidated
balance sheet||||| |Company
balance sheet||||12| |Statement ofcash flows||||13| |Notes forming part ofthe financial||statements||14to 21| ## ## |Directors||Michael SAbrahams||| |---|---|---|---|---| |||Stephen A Allen||| |||Stephen LBarter||| |||Alan D Gemes (Chair)||| |||Roger A Le Tissier||| |||Alison FMeek||| |||Guy RPerricone||| |||Paul D McCreesh||| |||Louise MV Soden||| |||Susie York-Skinner||| |General Manager||Madeleine M. Cowell||| |Main address||2Northdown
Street, King's Cross,||| |||London Nl 9BG||| |Registered|office|Airport House, Purley Way, Croydon,||CRO OXZ| |Company|number|05706385||| |Charity number||1114146||| |Auditors||Able dk Young Ltd, Chartered|Certified|Accountants,| |||Airport House, Purley Way, Croydon,||CRO OXZ| |Bankers||Lloyds Bank Plc,||| |||72Fenchurch
Street, London|EC3P 3EH|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestncted|Unrestncted|Restricted||| |---|---|---|---|---|---|---|---| |||||funds|funds|Total|Total| ||||Notes|2022|2022|2022|2021| |Income:|||||||| |Donations
and legacies|||6|204,893|207,009|411,902|133,592| |Income from charitable|activities||||||| |Concerts and performances|||7|311,317||311,317|146,370| |Total incoming
resources||||518,210|207,009|723,219|279,962| |Expenditure:|||||||| |Costs of raising funds|||8|32,140||32,140|15,956| |Charitable
activities|||8|478,966|207,009|885,975|212,348| |Total expenditure||||511,106|207,009|718,115|228,304| |Net income/(expenditure)||and net|||||| |movement
In funds forthe year||||5,104||5,104|51,658| |Transfers|||||||| |||||5,104||5,104|51,658| |Fund balances brought forward||||53,635||53,635|1,977| |Fund balances carried|forward|||58,739||58,739|53,635| ## ||||Notes|2022|2021| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible|assets||||| |Current assets|||||| |Debtors|||13|152,912|16,387| |Cash at bank and||in hand||125,508|261,955| |||||278,420|278,342| |Creditors: Amounts||falling due within one year|14|(219,682)|(224,708)| |Net current assets||||58,738|53,634| |Total assets|less current liabilities|||58,739|53,635| |Funds|||||| |Unrestricted|funds|||58,739|53,635| ## ## ||||Notes|2022|2021| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible|assets||11|1|1| |Investment|||12|100|100| |||||101|101| |Current assets|||||| |Debtors|||13|152,912|16,387| |Cash at bank and||in hand||125,486|261,933| |||||278,398|278,320| |Creditors: Amounts||falling due within one year|14|(220,529)|(225,555)| |Net current assets||||57,869|52,765| |Total assets|less current liabilities|||57,970|52,866| |Funds|||||| |Unrestricted|funds|||57,970|52,866| ||||Group|Charity|Group|Charity| |---|---|---|---|---|---|---| |||Notes|2022|2022|2021|2021| |||||f|F|| |Cash provided
(used) in operating
activities||15|(136,447)|(136,447)|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
in the year|equivalents||(136,447)|(136,447)|218,513|218,513| |Cash and cash equivalents|brought
forward||261,955|261,933|43,442|43,420| |Cash and cash equivalents|carried forward||125,508|125,486|261,955|261,933| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The consolidated
statement
subsidiary.|offinancial
activities includes|the results ofthe charily's
whblly|owned| |---|---|---|---| |||2022|2021| |Incoming resources||723,219|279,962| |Expenditure
on costs of raising funds||(32,140)|(15,956)| |Expenditure
on charitable|activities|(685,975)|(212,348)| |Net incoming resources||5,104|51,658| |Total funds brought
forward||53,635|1,977| |Total funds carried forward||58,739|53,635| |Represented
by
Unrestricted
funds||58,739|53,635| |The make up of income an|d expenditure
|between
unrestricte|d
and restri|cted
is as folknvs:|| |---|---|---|---|---|---| |||2022|2022|2021|2021| |||Unrestricted
E|Restricted|Unrestrictedf|Restricted
6| |Income:|||||| |Donations
and legacies
Income from charitable|activities|204,893
311,317|207,009|124,092
146,370|9,500| |Total incoming
resources||516,210|207,009|270,462|9,500| |Expenditure:
Costs of raising funds
Charitable
activities||32,140
478,966|207,009|15,956
202,848|9,500| |Total expenditure||511,106|207,009|218,804|9,500| |Net Income/(expenditure)
and net
movement
In funds for the year||5,104||51,658|| ## ## |Donations
and legacies||| |---|---|---| ||2022f|.2021
F| |Donations
and gifts||| |Individuals|100,550|10,241| |Trusts and foundations|183,809|9,500| |Arts Council|127,543|93,051| |Furlough
Grant||20,800| ||411,902|133,592| ## ## |oming
resou|rces from|ch|aritable
activ|ities|||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||F|| |Concert income||||||310,743|49,937| |Orchestra
tax relief|||||||93,938| |Miscellaneous|income|||||574|2,495| |||||||311,317|146,370| |alysis ofexpenditure|||||||| |||||Charitable|Fund|Total|Total| |||||activity|raising|2022|2021| |||||6|||| |Artists' fees||||363,062||363,062|52,026| |Performance|and production||costs|145,099|9,286|154,385|14,712| |Salaries and|freelance staffing costs|||132,049|22,670|154,719|129,299| |Depreciation|||||||778| |Independent
Bank interest
Other support|examination
paid
costs|-|Governance|1,100
46
44,619||1,100
46
44,803|1,100
497
29,893| |||||885,875|32,140|718,11~|228,304| ## |Analysis ofexpe|nditure
(continued)|nditure
(continued)|||| |---|---|---|---|---|---| |The expenditure|on the main charitable||activities are as follows:||| |||||2022f|2021
F| |Concerts and performances||||478,879|201,806| |Educational
activities||||207,096|10,542| |||||685,975|212,348| |Staff costs|||||| |Staff costs during|the period were|as follows:||2022|2021| |Salaries and wages||||103,833|97,287| |Social security costs||||6,667|5,889| |Pension costs||||2,547|2,373| |||||113,047|105,549| |Freelance staff costs||||41,672|23,750| |||||154,719|129,299| |The average
number ofemployees||during the period, analysed||by function was:|| |||||Number|Number| |Direct charitable|expenditure||||| |chief executive||||1|| |Others||||2|| ||||||3| ## ## ## ## |Fixed assets||| |---|---|---| ||Furniture|&| ||equipment|| |||F| |Cost||| |At 1 April 2021|4,884|| |Additions||| |At 31 March 2022|4,884|| |Depreciation||| |At 1 April 2021|4,883|| |Charge for the period||| |At 31 March 2022|4,883|| |Net book value||| |At 31 March 2022||| |At 31 March 2021||| ## ## ## ## |Debtors||||||| |---|---|---|---|---|---|---| ||||Group|Charity|Group|Charity| ||||2022|2022|2021|2021| ||||F||F|9| |Trade debtors|||32,422|32,422||| |Other debtors|||120,490|120,490|16,387|16,387| ||||152,912|152,912|16,387|16,387| |Creditors: Amounts|falling|due within one year||||| ||||Group|Charity|Group|Charity| ||||2022
6|2022f|2021f|2021
5| |Trade creditors|||49,385|49,385|9,615|9,615| |Amount
owed to subsidiary
Other creditors||company|46,198|847
46,198|42,784|847
42,784| |Deferred income|||124,099|124,099|172,309|172,309| ||||219,682|220,529|224,708|225,555| ## ## |15|Reconciliation
ofnet|Reconciliation
ofnet|movement|in funds to net cash flow|from operating|activities|| |---|---|---|---|---|---|---|---| |||||Group|Charity|Group|Charity| |||||2022|2022|2021|2021| |||||E|F.||F| ||Net movement
in funds
Add back depreciation
Decrease (increase)
in
Increase (decrease)
in||charge
debtors
creditors|5,104
(136,525)
(5,026)|5,104
(136,525)
(5,026)|51,658
778
101,110
65,745|51,658
778
101,110
65,745| |||||(136,447)|(136,447)|219,291|219,291|