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2020-10-31-accounts
|
Page |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Trustees’Report |
2-5 |
| Independent Examiner's Report |
6-7 |
| Statement of Financial Activities |
8 |
| Balance Sheet |
9-10 |
| Notes to the Financial Statements |
11-28 |
| Trustees |
Maggie Porter, Chair & Engagements Secretary |
|
Katherine Budgen, Treasurer |
|
Sarah Purbrook, Vice Chair |
|
Joy Williams, Band Secretary |
|
Andrew Mayhew, St Peter's by the Waterfront Manager |
|
Georgina Botradi-Mundy, St Peter's by the Waterfront Bar Manager |
|
Laura Milson |
|
Sara Hills |
|
Jennifer Purbrook |
|
Paul Murphy (appointed 23 June 2020) |
|
Barbara Sampaio (appointed 23 June 2020) |
|
Lynne Patrick (resigned 23 June 2020) |
| Company registered |
|
| number |
05861490 |
| Charity registered |
|
| number |
1116233 |
| Registered office |
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
| Company secretary |
Julia Norman |
| Independent examiner |
Scrutton Bland LLP |
|
Chartered Accountants |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
| Bankers |
Lloyds Bank |
|
13 Cornhill |
|
Ipswich |
|
Suffolk |
|
IP1 1DG |
| Solicitors |
Kerseys |
|
32 Lloyds Avenue |
|
Ipswich |
|
Suffolk |
|
IP1 3HD |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2020 |
2020 |
2020 |
2019 |
|
Note |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and legacies |
3 |
30,917 |
4,291 |
35,208 |
20,756 |
| Charitable activities |
4 |
21,744 |
- |
21,744 |
44,900 |
| Other trading activities |
5 |
4,599 |
- |
4,599 |
13,520 |
| Investments |
6 |
380 |
- |
380 |
350 |
| Total income |
|
57,640 |
4,291 |
61,931 |
79,526 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
7 |
5,929 |
|
5,929 |
15,687 |
| Charitable activities |
8 |
56,488 |
4,574 |
61,062 |
71,199 |
| Total expenditure |
|
62,417 |
4,574 |
66,991 |
86,886 |
| Net expenditure |
|
(4,777) |
(283) |
(5,060) |
(7,360) |
| Transfers between funds |
19 |
4,291 |
(4,291) |
- |
- |
| Net movement in funds |
|
(486) |
(4,574) |
(5,060) |
(7,360) |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
107,307 |
39,982 |
147,289 |
154,649 |
| Net movement in funds |
|
(486) |
(4,574) |
(5,060) |
(7,360) |
| Total funds carried forward |
|
106,821 |
35,408 |
142,229 |
147,289 |
|
|
|
2020 |
|
2019 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
13 |
|
76,762 |
|
86,017 |
| Investments |
14 |
|
2 |
|
2 |
|
|
|
76,764 |
|
86,019 |
| Current assets |
|
|
|
|
|
| Stocks |
15 |
1,004 |
|
1,493 |
|
| Debtors |
16 |
18,517 |
|
11,312 |
|
| Investments |
17 |
50,997 |
|
50,995 |
|
| Cash at bank and in hand |
|
15,665 |
|
15,623 |
|
|
|
86,183 |
|
79,423 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
18 |
(20,718) |
|
(18,153) |
|
| Net current assets |
|
|
65,465 |
|
61,270 |
| Total assets less current liabilities |
|
|
142,229 |
|
147,289 |
| Total net assets |
|
|
142,229 |
|
147,289 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
19 |
|
35,408 |
|
39,982 |
| Unrestricted funds |
19 |
|
106,821 |
|
107,307 |
| Total funds |
|
|
142,229 |
|
147,289 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Donations |
|
|
|
|
| Donations |
265 |
- |
265 |
1,001 |
| Christmas Carol collections |
7,729 |
- |
7,729 |
5,987 |
| Subscriptions |
10,109 |
- |
10,109 |
10,895 |
| Income tax recoverable |
2,814 |
- |
2,814 |
2,873 |
| Subtotal detailed disclosure |
20,917 |
- |
20,917 |
20,756 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Culture Recovery Fund |
- |
4,291 |
4,291 |
. |
| Small Business Rates Relief Grant |
10,000 |
- |
10,000 |
- |
| Subtotal |
10,000 |
4,291 |
14,291 |
- |
|
30,917 |
4,291 |
35,208 |
20,756 |
| Total 2019 |
20,756 |
|
20,756 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Income from charitable activities - Bands |
2,654 |
2,654 |
7,846 |
| Income from charitable activities - St Peter's by the |
|
|
|
| Waterfront |
19,090 |
19,090 |
37,054 |
|
21,744 |
21,744 |
44,900 |
| Total 2019 |
44,900 |
44,900 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Sale of refreshments & instrument sundries |
4,374 |
4,374 |
12,360 |
| St Peter's Merchandise |
51 |
51 |
408 |
| Sales of Programmes |
54 |
54 |
- |
| Other |
120 |
120 |
652 |
| Sale of equipment |
- |
- |
100 |
|
4,599 |
4,599 |
13,520 |
| Total 2019 |
13,520 |
13,520 |
|
| Unrestricted |
Total |
Total |
| funds |
funds |
funds |
| 2020 |
2020 |
2019 |
| £ |
£ |
£ |
| 380 |
380 |
350 |
| 350 |
350 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Drinks & instrument sundries |
2,605 |
2,605 |
5,958 |
| Fundraising costs |
232 |
232 |
512 |
| St Peter's merchandise |
38 |
38 |
289 |
| St Peter's external hire costs |
1,469 |
1,469 |
3,808 |
| Cost ofSt Peter's events |
776 |
776 |
3,344 |
| Other voluntary income cost - St Peter's |
648 |
648 |
1,623 |
| Publicity |
161 |
161 |
153 |
|
5,929 |
5,929 |
15,687 |
| Total 2019 |
15,687 |
15,687 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Bands |
20,663 |
111 |
20,774 |
29,863 |
| St Peter's by the Waterfront |
35,825 |
4,463 |
40,288 |
41,336 |
| Total 2020 |
56,488 |
4,574 |
61,062 |
71,199 |
| Total 2019 |
66,469 |
4,730 |
71,199 |
|
|
|
|
|
Total |
Total |
|
**Staff costs ** |
Depreciation |
Other costs |
funds |
funds |
|
2020 |
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
£ |
| Bands |
714 |
273 |
19,787 |
20,774 |
29,863 |
| St Peter's by the Waterfront |
5,270 |
9,221 |
25,797 |
40,288 |
41,336 |
|
5,984 |
9,494 |
45,584 |
61,062 |
71,199 |
| Total 2019 |
6,196 |
9,711 |
55,292 |
71,199 |
|
|
Activities |
|
|
|
undertaken |
Total |
Total |
|
directly |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Bands |
20,774 |
20,774 |
29,863 |
| St Peter's by the Waterfront |
40,288 |
40,288 |
41,336 |
|
61,062 |
61,062 |
71,199 |
|
|
St Peter's |
|
|
|
|
by the |
Total |
Total |
|
Bands |
Waterfront |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Staff costs |
- |
5,270 |
5,270 |
5,446 |
| Depreciation |
273 |
9,221 |
9,494 |
9,711 |
| Musical directors remuneration |
1,978 |
- |
1,978 |
4,835 |
| Insurance |
1,231 |
1,758 |
2,989 |
3,396 |
| Music & library |
209 |
- |
209 |
467 |
| Instrument repairs & maintenance |
554 |
60 |
614 |
385 |
| Equipment repairs & maintenance |
- |
3,562 |
3,562 |
2,721 |
| Engagement & rehearsal expenses |
6,385 |
- |
6,385 |
11,482 |
| Uniform |
- |
- |
- |
914 |
| Donations |
5,133 |
- |
5,133 |
4,709 |
| Subscriptions |
305 |
254 |
559 |
574 |
| Postage & stationery |
72 |
63 |
135 |
143 |
| Photocopier rental & maintenance |
1,663 |
185 |
1,848 |
1,414 |
| Telephone |
- |
1,051 |
1,051 |
949 |
| Heat & light |
- |
6,162 |
6,162 |
7,475 |
| Rent |
- |
3,964 |
3,964 |
3,964 |
| Rates |
- |
931 |
931 |
1,255 |
| Refuse |
- |
812 |
812 |
837 |
| Cleaning & security |
- |
4,087 |
4,087 |
3,367 |
| Computer expenses |
- |
7 |
7 |
2 |
| Governance costs |
2,971 |
2,901 |
5,872 |
7,153 |
| Total 2020 |
20,774 |
40,288 |
61,062 |
71,199 |
| Total 2019 |
29,863 |
41,336 |
71,199 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Independent examiners fees |
1,800 |
1,800 |
1,800 |
| Other accountancy fees |
2,114 |
2,114 |
2,534 |
| Premises licence |
180 |
180 |
180 |
| Other administrative costs |
297 |
297 |
580 |
| Bank charges |
767 |
767 |
1,309 |
| Bookkeepers wages |
714 |
714 |
750 |
|
5,872 |
5,872 |
7,153 |
|
2020 |
2019 |
|
£ |
£ |
| Wages and salaries |
5,984 |
6,196 |
|
2020 |
2019 |
|
No. |
No. |
| St Peter's by the Waterfront |
3 |
3 |
| Governance |
1 |
1 |
|
4 |
4 |
|
|
Instruments |
|
|
Fixtures and |
and |
|
|
fittings |
equipment |
Total |
|
£ |
£ |
£ |
| Cost or valuation |
|
|
|
| At 1 November 2019 |
142,581 |
31,008 |
173,589 |
| Additions |
239 |
- |
239 |
| At 31 October 2020 |
142,820 |
31,008 |
173,828 |
| Depreciation |
|
|
|
| At 1 November 2019 |
73,279 |
14,293 |
87,572 |
| Charge for the year |
7,291 |
2,203 |
9,494 |
| At 31 October 2020 |
80,570 |
16,496 |
97,066 |
| Net book value |
|
|
|
| At 31 October 2020 |
62,250 |
14,512 |
76,762 |
| At 31 October 2019 |
69,303 |
16,714 |
86,017 |
|
Investments |
|
in |
|
subsidiary |
|
companies |
|
£ |
| Cost or valuation |
|
| At 1 November 2019 |
2 |
| At 31 October 2020 |
2 |
| Net book value |
|
| At 31 October 2020 |
2 |
| At 31 October 2019 |
2 |
| Name |
Registered office or principal |
Principal activity |
Class of |
|
place of business |
|
shares |
| St Peter's By The Waterfront |
Fitzroy HouseCrown Street |
Dormant |
Ordinary |
| Limited |
Ipswich |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Finished goods and goods for resale |
1,004 |
1,493 |
| Debtors |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Due within one year |
|
|
| Trade debtors |
11,555 |
2,251 |
| Other debtors |
4,541 |
- |
| Prepayments and accrued income |
2,421 |
9,061 |
|
18,517 |
11,312 |
|
2020 |
2019 |
|
£ |
£ |
| Cash held on deposit |
50,997 |
50,995 |
|
2020 |
2019 |
|
£ |
£ |
| Trade creditors |
1,682 |
3,161 |
| Other creditors |
12,783 |
862 |
| Accruals and deferred income |
6,253 |
14,130 |
|
20,718 |
18,153 |
|
Balance at 1 |
|
|
|
Balance at |
|
November |
|
|
Transfers |
31 October |
|
2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Equipment replacementfund |
8,000 |
- |
- |
- |
8,000 |
| St Peter's by the Waterfront |
39,073 |
23,559 |
(36,864) |
(273) |
25,495 |
| Fixed assets |
48,860 |
- |
(4,920) |
239 |
44,179 |
|
95,933 |
23,559 |
(41,784) |
(34) |
77,674 |
| General funds |
|
|
|
|
|
| Band |
11,374 |
34,081 |
(20,633) |
4,325 |
29,147 |
| Total Unrestricted funds |
107,307 |
57,640 |
(62,417) |
4,291 |
106,821 |
| Restricted funds |
|
|
|
|
|
| St Peter’s project |
39,839 |
- |
(4,574) |
- |
35,265 |
| Other |
143 |
- |
- |
- |
143 |
| Culture Recovery Fund |
- |
4,291 |
- |
(4,291) |
- |
|
39,982 |
4,291 |
(4,574) |
(4,291) |
35,408 |
| Total of funds |
147,289 |
61,931 |
(66,991) |
|
142,229 |
|
Balance at |
|
|
|
Balance at |
|
1 November |
|
|
Transfers |
31 October |
|
2018 |
Income |
Expenditure |
in/out |
2019 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Equipment replacement fund |
8,000 |
- |
- |
- |
8,000 |
| St Peter's by the Waterfront |
41,716 |
51,518 |
(53,294) |
(867) |
39,073 |
| Fixed assets |
53,389 |
- |
- |
(4,529) |
48,860 |
|
103,105 |
51,518 |
(53,294) |
(5,396) |
95,933 |
| General funds |
|
|
|
|
|
| Band |
6,832 |
28,008 |
(28,862) |
5,396 |
11,374 |
| Total Unrestricted funds |
109,937 |
79,526 |
(82,156) |
- |
107,307 |
| Restricted funds |
|
|
|
|
|
| St Peter’s project |
44,569 |
- |
(4,730) |
- |
39,839 |
| Other |
143 |
- |
- |
- |
143 |
|
44,712 |
- |
(4,730) |
- |
39,982 |
| Total of funds |
154,649 |
79,526 |
(86,886) |
- |
147,289 |
|
Balance at 1 |
|
|
|
Balance at |
|
November |
|
|
Transfers |
31 October |
|
2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
95,933 |
23,559 |
(41,784) |
(34) |
77,674 |
| General funds |
11,374 |
34,081 |
(20,633) |
4,325 |
29,147 |
| Restricted funds |
39,982 |
4,291 |
(4,574) |
(4,291) |
35,408 |
|
147,289 |
61,931 |
(66,991) |
- |
142,229 |
|
Balance at |
|
|
|
Balance at |
|
1 November |
|
|
T ransfers |
31 October |
|
2018 |
Income |
Expenditure |
in/out |
2019 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
103,105 |
51,518 |
(53,294) |
(5,396) |
95,933 |
| General funds |
6,832 |
28,008 |
(28,862) |
5,396 |
11,374 |
| Restricted funds |
44,712 |
- |
(4,730) |
- |
39,982 |
|
154,649 |
79,526 |
(86,886) |
- |
147,289 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
|
£ |
£ |
£ |
| Tangible fixed assets |
44,179 |
32,583 |
76,762 |
| Fixed asset investments |
2 |
- |
2 |
| Current assets |
83,358 |
2,825 |
86,183 |
| Creditors due within one year |
(20,718) |
- |
(20,718) |
| Total |
106,821 |
35,408 |
142,229 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2019 |
2019 |
2019 |
|
£ |
£ |
£ |
| Tangible fixed assets |
48,860 |
37,157 |
86,017 |
| Fixed asset investments |
2 |
- |
2 |
| Current assets |
76,598 |
2,825 |
79,423 |
| Creditors due within one year |
(18,153) |
- |
(18,153) |
| Tl |
107,307 |
39,982 |
147,289 |
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
| Later than |
5 |
years |
49,250 |
52,250 |