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2022-10-31-accounts
|
Pages |
| 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 |
| Notes to the Financial Statements |
10-27 |
| T rustees |
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 |
|
Sian Webster-Hirst (appointed 17 May2022) |
|
Laura Milson (resigned 17 May 2022) |
|
Sara Hills |
|
Corinne Rousham (appointed 17 May2022) |
|
Paul Murphy (resigned 17 May 2022) |
|
Barbara Sampaio |
|
Rosalyn Burrow |
| Company registered |
|
| number |
05861490 |
| Charity registered |
|
| number |
1116233 |
| Registered office |
St Peter’s By the Waterfront |
|
St Peter's Church |
|
College Street |
|
Ipswich |
|
Suffolk |
|
IP4 1BF |
| Company secretary |
Julia Norman |
| Independent examiner |
Scrutton Bland LLP |
|
Chartered Accountants |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
| Bankers |
Lloyds Bank Pic |
|
13 Cornhill |
|
Ipswich |
|
Suffolk |
|
IP1 1DG |
| Solicitors |
Kerseys Solicitors LLP |
|
32 Lloyds Avenue |
|
Ipswich |
|
Suffolk |
|
IP1 3HD |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
Notes |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and legacies |
3 |
26,194 |
|
26,194 |
38,305 |
| Charitable activities |
4 |
52,898 |
- |
52,898 |
17,181 |
| Other trading activities |
5 |
7,749 |
- |
7,749 |
2,476 |
| Investments |
6 |
65 |
- |
65 |
96 |
| Total income |
|
86,906 |
- |
86,906 |
58,058 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
7 |
23,782 |
. |
23,782 |
3,368 |
| Charitable activities |
8 |
66,206 |
4,717 |
70,923 |
54,162 |
| Total expenditure |
|
89,988 |
4,717 |
94,705 |
57,530 |
| Net movement in funds |
|
(3,082) |
(4,717) |
(7,799) |
528 |
| Reconciliation of funds: |
19 |
|
|
|
|
| Total funds brought forward |
|
111,923 |
30,834 |
142,757 |
142,229 |
| Net movement in funds |
|
(3,082) |
(4,717) |
(7,799) |
528 |
| Total funds carried forward |
|
108,841 |
26,117 |
134,958 |
142,757 |
|
|
|
2022 |
|
2021 |
|
Notes |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
13 |
|
63,762 |
|
73,835 |
| Investments |
14 |
|
2 |
|
2 |
|
|
|
63,764 |
|
73,837 |
| Current assets |
|
|
|
|
|
| Stocks |
15 |
1,298 |
|
1,317 |
|
| Debtors |
16 |
5,995 |
|
16,708 |
|
| Investments |
17 |
51,002 |
|
50,998 |
|
| Cash at bank and in hand |
|
25,965 |
|
23,501 |
|
|
|
84,260 |
|
92,524 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
18 |
(13,066) |
|
(23,604) |
|
| Net current assets |
|
|
71,194 |
|
68,920 |
| Total assets less current liabilities being |
|
|
|
|
|
| net assets |
|
|
134,958 |
|
142,757 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
19 |
|
26,117 |
|
30,834 |
| Unrestricted funds |
19 |
|
108,841 |
|
111,923 |
| Total funds |
|
|
134,958 |
|
142,757 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Donations |
|
|
|
|
| Donations |
1,207 |
- |
1,207 |
2,211 |
| Christmas Carol collections |
5,663 |
- |
5,663 |
2,800 |
| Subscriptions |
11,129 |
- |
11,129 |
6,350 |
| Gift aid receivable |
3,028 |
“ |
3,028 |
2,313 |
| Grants |
|
|
|
|
| Culture Recovery Fund Grant |
- |
- |
- |
10,879 |
| Lord Belstead Trust Grant |
- |
- |
- |
3,000 |
| Ipswich Borough Council - Additional |
|
|
|
|
| Restrictions Grant |
' |
‘ |
“ |
2,752 |
| Ipswich Borough Council - Government |
|
|
|
|
| Restart Grant |
|
“ |
“ |
8,000 |
| Ipswich Borough Council Hospitality & Leisure |
|
|
|
|
| Grant |
2,667 |
" |
2,667 |
' |
| Ipswich Borough Council Additional |
|
|
|
|
| Restrictions Grant |
2,500 |
|
2,500 |
“ |
|
26,194 |
- |
26,194 |
38,305 |
| Total 2021 |
24,426 |
13,879 |
38,305 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Income from charitable activities - Bands |
24,040 |
24,040 |
1,775 |
| Income from charitable activities - St Peter's by the |
|
|
|
| Waterfront |
28,858 |
28,858 |
15,406 |
|
52,898 |
52,898 |
17,181 |
| Total 2021 |
17,181 |
17,181 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Saleof refreshments & instrument sundries |
6,717 |
6,717 |
2,292 |
| St Peter’s Merchandise |
249 |
249 |
77 |
| Other |
783 |
783 |
107 |
|
7,749 |
7,749 |
2,476 |
| Total 2021 |
2,476 |
2,476 |
|
| Unrestricted |
Total |
Total |
| funds |
funds |
funds |
| 2022 |
2022 |
2021 |
| £ |
£ |
£ |
| 65 |
65 |
96 |
| 96 |
96 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Drinks & instrument sundries |
3,121 |
3,121 |
1,024 |
| Fundraising costs |
271 |
271 |
19 |
| St Peter’s merchandise |
192 |
192 |
77 |
| St Peter's external ticket sales costs |
- |
- |
350 |
| Cost of St Peter's events |
4,075 |
4,075 |
1,007 |
| Tour supplier payments |
446 |
446 |
- |
| Library Sundry and Maintenance |
169 |
169 |
- |
| Cost of Band tour |
14,008 |
14,008 |
- |
| Other voluntary income cost - St Peter's |
1,292 |
1,292 |
712 |
| Website Hosting |
208 |
208 |
179 |
|
23,782 |
23,782 |
3,368 |
| Total 2021 |
3,368 |
3,368 |
|
|
Unrestricted |
Restricted |
|
|
|
funds |
funds |
Total |
Total |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Bands |
32,911 |
393 |
33,304 |
20,781 |
| St Peter's by the Waterfront |
33,295 |
4,324 |
37,619 |
33,381 |
| Total 2022 |
66,206 |
4,717 |
70,923 |
54,162 |
| Total 2021 |
49,588 |
4,574 |
54,162 |
|
|
**Staff costs ** |
Depreciation |
Other costs |
Total |
Total |
|
**2022 ** |
2022 |
2022 |
2022 |
2021 |
|
**£ ** |
£ |
£ |
£ |
£ |
| Bands |
744 |
250 |
32,310 |
33,304 |
20,781 |
| St Peter's by the Waterfront |
3,735 |
9,823 |
24,061 |
37,619 |
33,381 |
|
4,479 |
10,073 |
56,371 |
70,923 |
54,162 |
| Total 2021 |
4,311 |
10,217 |
39,634 |
54,162 |
|
|
Activities |
|
|
|
undertaken |
Total |
Total |
|
directly |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Bands |
33,304 |
33,304 |
20,781 |
| St Peter's by the Waterfront |
37,619 |
37,619 |
33,381 |
|
70,923 |
70,923 |
54,162 |
|
|
St Peter's |
|
|
|
|
by the |
Total |
Total |
|
Bands |
Waterfront |
funds |
funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Staff costs |
- |
3,735 |
3,735 |
3,597 |
| Depreciation |
250 |
9,823 |
10,073 |
10,217 |
| Musical Director's remuneration |
5,773 |
- |
5,773 |
2,700 |
| Insurance |
1,030 |
1,455 |
2,485 |
2,466 |
| Music & library |
487 |
- |
487 |
310 |
| Instrument repairs & maintenance |
130 |
92 |
222 |
100 |
| Equipment repairs & maintenance |
- |
1,408 |
1,408 |
1,737 |
| Engagement & rehearsal expenses |
11,728 |
- |
11,728 |
6,079 |
| Uniform |
230 |
- |
230 |
- |
| Donations |
6,147 |
- |
6,147 |
1,400 |
| Subscriptions |
339 |
49 |
388 |
405 |
| Postage & stationery |
83 |
73 |
156 |
90 |
| Photocopier rental & maintenance |
1,237 |
137 |
1,374 |
2,065 |
| Telephone |
- |
1,031 |
1,031 |
1,057 |
| Heat & light |
- |
8,548 |
8,548 |
6,607 |
| Rent |
- |
4,234 |
4,234 |
3,964 |
| Rates |
- |
874 |
874 |
420 |
| Refuse |
- |
943 |
943 |
825 |
| Cleaning & security |
- |
5,067 |
5,067 |
3,331 |
| Computer expenses |
- |
150 |
150 |
116 |
| Governance costs |
5,870 |
- |
5,870 |
6,676 |
| Total 2022 |
33,304 |
37,619 |
70,923 |
54,162 |
| Total 2021 |
20,781 |
33,381 |
54,162 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Independent examiner's fees |
2,076 |
2,076 |
2,004 |
| Other accountancyfees |
2,089 |
2,089 |
2,054 |
| Premises licence |
180 |
180 |
180 |
| Other administrative costs |
334 |
334 |
1,411 |
| Bank charges |
447 |
447 |
313 |
| Bookkeeper's wages |
744 |
744 |
714 |
|
5,870 |
5,870 |
6,676 |
|
2022 |
2021 |
|
£ |
£ |
| Wages and salaries |
4,479 |
4,311 |
|
2022 |
2021 |
|
No. |
No. |
| St Peter's by the Waterfront |
1 |
3 |
| Governance |
1 |
1 |
|
2 |
4 |
|
Fixtures and |
and |
|
|
fittings |
equipment |
Total |
|
£ |
£ |
£ |
| Cost |
|
|
|
| At 1 November 2021 |
150,110 |
31,008 |
181,118 |
| At31 October 2022 |
150,110 |
31,008 |
181,118 |
| Depreciation |
|
|
|
| At 1 November 2021 |
88,584 |
18,699 |
107,283 |
| Charge for the year |
7,987 |
2,086 |
10,073 |
| At 31 October 2022 |
96,571 |
20,785 |
117,356 |
| Net book value |
|
|
|
| At 31 October 2022 |
53,539 |
10,223 |
63,762 |
| At 31 October 2021 |
61,526 |
12,309 |
73,835 |
|
Investments |
|
in |
|
subsidiary |
|
undertaking |
|
£ |
| Cost and net book value |
|
| At 1 November 2021 |
2 |
| At 31 October2022 |
|
|
2 |
| Name |
Registered office |
Principal activity Class of |
Principal activity Class of |
Holding |
|
|
|
shares |
|
| St Peter's By The Waterfront |
St Peter's by the Waterfront, |
Dormant |
Ordinary |
100% |
| Limited |
St Peter's Church, |
|
|
|
|
College Street, |
|
|
|
|
Ipswich IP4 1BF |
|
|
|
|
2022 |
2021 |
|
£ |
£ |
| Due within one year |
|
|
| Trade debtors |
2,894 |
13,287 |
| Other debtors |
150 |
707 |
| Prepayments and accrued income |
2,951 |
2,714 |
|
5,995 |
16,708 |
|
2022 |
2021 |
|
£ |
£ |
| Cash held on deposit |
51,002 |
50,998 |
|
2022 |
2021 |
|
£ |
£ |
| Trade creditors |
3,045 |
4,242 |
| Other creditors |
854 |
13,769 |
| Accruals and deferred income |
9,167 |
5,593 |
|
13,066 |
23,604 |
|
Balance at 1 |
|
|
Balance at |
|
November |
|
|
31 October |
|
2021 |
Income |
Expenditure |
2022 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Designated funds |
|
|
|
|
| Equipment replacement fund |
8,000 |
|
|
8,000 |
| St Peter's by the Waterfront |
21,465 |
43,307 |
(39,618) |
25,154 |
| Other fixed assets |
45,825 |
- |
(5,500) |
40,325 |
|
75,290 |
43,307 |
(45,118) |
73,479 |
| General funds |
|
|
|
|
| Band |
36,633 |
43,599 |
(44,870) |
35,362 |
| Total Unrestricted funds |
111,923 |
86,906 |
(89,988) |
108,841 |
| Restricted funds |
|
|
|
|
| St Peter’s project |
30,691 |
- |
(4,574) |
26,117 |
| Other |
143 |
- |
(143) |
- |
|
30,834 |
- |
(4,717) |
26,117 |
| Total of funds |
142,757 |
86,906 |
(94,705) |
134,958 |
|
|
Balance at |
|
|
|
Balance at |
|
1 |
November |
|
|
Transfers |
31 October |
|
|
2020 |
Income |
Expenditure |
in/out |
2021 |
|
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
|
| Designated funds |
|
|
|
|
|
|
| Equipment replacement fund |
|
8,000 |
- |
- |
- |
8,000 |
| St Peter's by the Waterfront |
|
25,495 |
26,274 |
(30,304) |
- |
21,465 |
| Other fixed assets |
|
44,179 |
- |
(5,644) |
7,290 |
45,825 |
|
|
77,674 |
26,274 |
(35,948) |
7,290 |
75,290 |
| General funds |
|
|
|
|
|
|
| Band |
|
29,147 |
17,905 |
(17,008) |
6,589 |
36,633 |
| Total Unrestricted funds |
|
106,821 |
44,179 |
(52,956) |
13,879 |
111,923 |
| Restricted funds |
|
|
|
|
|
|
| St Peter's project |
|
35,265 |
- |
(4,574) |
- |
30,691 |
| Other |
|
143 |
- |
- |
- |
143 |
| Culture Recovery Fund |
|
- |
10,879 |
- |
(10,879) |
- |
| Lord Belstead Grant |
|
- |
3,000 |
- |
(3,000) |
- |
|
|
35,408 |
13,879 |
(4,574) |
(13,879) |
30,834 |
| Total of funds |
|
142,229 |
58,058 |
(57,530) |
|
142,757 |
|
Balance at 1 |
|
|
Balance at |
|
November |
|
|
31 October |
|
2021 |
Income |
Expenditure |
2022 |
|
£ |
£ |
£ |
£ |
| Designated funds |
75,290 |
43,307 |
(45,118) |
73,479 |
| General funds |
36,633 |
43,599 |
(44,870) |
35,362 |
| Restricted funds |
30,834 |
- |
(4,717) |
26,117 |
|
142,757 |
86,906 |
(94,705) |
134,958 |
|
Balance at |
|
|
|
Balance at |
|
1 November |
|
|
Transfers |
31 October |
|
2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
77,674 |
26,274 |
(35,948) |
7,290 |
75,290 |
| General funds |
29,147 |
17,905 |
(17,008) |
6,589 |
36,633 |
| Restricted funds |
35,408 |
13,879 |
(4,574) |
(13,879) |
30,834 |
|
142,229 |
58,058 |
(57,530) |
- |
142,757 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Tangible fixed assets |
40,325 |
23,437 |
63,762 |
| Fixed asset investments |
2 |
- |
2 |
| Current assets |
81,580 |
2,680 |
84,260 |
| Creditors due within one year |
(13,066) |
- |
(13,066) |
| Total |
108,841 |
26,117 |
134,958 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Tangible fixed assets |
45,825 |
28,010 |
73,835 |
| Fixed asset investments |
2 |
- |
2 |
| Current assets |
89,700 |
2,824 |
92,524 |
| Creditors due within one year |
(23,604) |
- |
(23,604) |
| Tl |
111,923 |
30,834 |
142,757 |
|
2022 |
2021 |
|
£ |
£ |
| Not later than 1 year |
4,773 |
4,389 |
| Later than 1 year and not laterthan 5 years |
19,094 |
18,772 |
| Later than 5 years |
44,950 |
48,885 |
|
68,817 |
72,046 |