| Pages | |
|---|---|
| Reference and Administrative Details of the Company, its Trustees and Advisers | 1 |
| Trustees' Report | 2-5 |
| Independent Examiner's Report | 6-7 |
| Statementof Financial Activities | 8 |
| Balance Sheet | 9-10 |
| Notes to the Financial Statements | 11-28 |
| Trustees | Andrew Mayhew, Chair |
|---|---|
| Maggie Porter, Vice Chair | |
| Sarah Purbrook | |
| Joy Williams, Band Secretary | |
| Katherine Budgen, Treasurer | |
| Sian Webster-Hirst (resigned 11 January 2024) | |
| Amanda Mayhew (appointed 9 May 2023) | |
| Sara Hills (resigned 11 January 2024) | |
| Corinne Rousham | |
| 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 | Sumer Auditco Limited |
| CharteredAccountants | |
| Fitzroy House | |
| Crown Street | |
| Ipswich | |
| Suffolk | |
| IP1 3 LG | |
| Bankers | Lloyds Bank Pic |
| 13 Cornhill | |
| Ipswich | |
| Suffolk | |
| IP1 1DG | |
| Solicitors | Kerseys Solicitors LLP |
| 32 LloydsAvenue | |
| Ipswich | |
| Suffolk | |
| IP1 3HD |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Notes | £ | £ | £ | £ | |
| Income from: | |||||
| Donations and legacies | 3 | 22,254 | 40 | 22,294 | 26,194 |
| Charitable activities | 4 | 36,698 | - | 36,698 | 52,898 |
| Othertrading activities | 5 | 13,554 | - | 13,554 | 7,749 |
| Investments | 6 | 424 | - | 424 | 65 |
| Total income | 72,930 | 40 | 72,970 | 86,906 | |
| Expenditureon: | |||||
| Raising funds | 7 | 9,077 | . | 9,077 | 23,782 |
| Charitable activities | 8 | 70,820 | 4,824 | 75,644 | 70,923 |
| Total expenditure | 79,897 | 4,824 | 84,721 | 94,705 | |
| Net movement in funds | (6,967) | (4,784) | (11,751) | (7,799) | |
| Reconciliation of funds: | |||||
| Total funds broughtforward | 108,841 | 26,117 | 134,958 | 142,757 | |
| Net movement in funds | (6,967) | (4,784) | (11,751) | (7,799) | |
| Total funds carried forward | 101,874 | 21,333 | 123,207 | 134,958 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | |||
| Fixed assets | |||||
| Tangible assets | 13 | 53,677 | 63,762 | ||
| Investments | 14 | 2 | 2 | ||
| 53,679 | 63,764 | ||||
| Current assets | |||||
| Stocks | 15 | 1,611 | 1,298 | ||
| Debtors | 16 | 13,885 | 5,995 | ||
| Investments | 17 | 40,189 | 764 | ||
| Cash at bank and in hand | 40,302 | 76,203 | |||
| 95,987 | 84,260 | ||||
| Creditors: amounts falling due within one | |||||
| year | 18 | (26,459) | (13,066) | ||
| Netcurrent assets | 69,528 | 71,194 | |||
| Total assets less current liabilities being | |||||
| net assets | 123,207 | 134,958 | |||
| Charity funds | |||||
| Restricted funds | 20 | 21,333 | 26,117 | ||
| Unrestricted funds | 20 | 101,874 | 108,841 | ||
| Total funds | 123,207 | 134,958 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | 1,611 | 40 | 1,651 | 1,207 |
| Christmas Carol Collections | 6,211 | - | 6,211 | 5,663 |
| Subscriptions | 11,086 | - | 11,086 | 11,129 |
| Gift Aid Receivable | 3,346 | “ | 3,346 | 3,028 |
| Grants | ||||
| Ipswich Borough Council Hospitality& Leisure | ||||
| Grant | ' | ' | ~ | 2,667 |
| Ipswich Borough Council Additional | ||||
| Restrictions Grant | - | - | - | 2,500 |
| Subtotal | 22,254 | 40 | 22,294 | 26,194 |
| 22,254 | 40 | 22,294 | 26,194 | |
| Total 2022 | 26,194 | - | 26,194 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Incomefrom charitable activities - Bands | 7,391 | 7,391 | 24,040 |
| Income from charitable activities - St Peter's by the | |||
| Waterfront | 29,307 | 29,307 | 28,858 |
| 36,698 | 36,698 | 52,898 | |
| Total 2022 | 52,898 | 52,898 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Sale of refreshments & instrument sundries | 12,292 | 12,292 | 6,717 |
| St Peter's Merchandise | 305 | 305 | 249 |
| Other | 867 | 867 | 783 |
| Sale of equipment | 90 | 90 | - |
| 13,554 | 13,554 | 7,749 | |
| Total 2022 | 7,749 | 7,749 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Interest receivable | 424 | 424 | 65 |
| Total 2022 | 65 | 65 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Drinks & instrumentsundries | 5,309 | 5,309 | 3,121 |
| Fundraising costs | 604 | 604 | 271 |
| St Peter's merchandise | 115 | 115 | 192 |
| Cost of St Peter's events | 1,789 | 1,789 | 4,075 |
| Tour supplier payments | - | - | 446 |
| Library Sundry and Maintenance | - | - | 169 |
| Cost of Band tour | - | - | 14,008 |
| Other voluntary income cost - St Peter's | 1,020 | 1,020 | 1,292 |
| Website Hosting | 240 | 240 | 208 |
| 9,077 | 9,077 | 23,782 | |
| Total 2022 | 23,782 | 23,782 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Bands | 34,816 | 500 | 35,316 | 33,304 |
| St Peter's bytheWaterfront | 36,004 | 4,324 | 40,328 | 37,619 |
| Total 2023 | 70,820 | 4,824 | 75,644 | 70,923 |
| Total 2022 | 66,206 | 4,717 | 70,923 |
| **Staff costs ** | Depreciation | Other costs | Total | Total | |
|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Bands | 787 | 500 | 34,029 | 35,316 | 33,304 |
| St Peter's by theWaterfront | 3,945 | 9,585 | 26,798 | 40,328 | 37,619 |
| 4,732 | 10,085 | 60,827 | 75,644 | 70,923 | |
| Total 2022 | 4,479 | 10,073 | 56,371 | 70,923 |
| Activities | |||
|---|---|---|---|
| undertaken | Total | Total | |
| directly | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Bands | 35,316 | 35,316 | 33,304 |
| St Peter's by the Waterfront | 40,328 | 40,328 | 37,619 |
| 75,644 | 75,644 | 70,923 |
| St Peter's | ||||
|---|---|---|---|---|
| by the | Total | Total | ||
| Bands | Waterfront | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Staff costs | - | 3,945 | 3,945 | 3,735 |
| Depreciation | 500 | 9,585 | 10,085 | 10,073 |
| Musical Director’s remuneration | 5,821 | - | 5,821 | 5,773 |
| Insurance | 1,066 | 1,509 | 2,575 | 2,485 |
| Music & library | 100 | - | 100 | 487 |
| Instrument repairs & maintenance | 756 | - | 756 | 222 |
| Equipment repairs & maintenance | - | 3,766 | 3,766 | 1,408 |
| Engagement & rehearsal expenses | 12,402 | - | 12,402 | 11,728 |
| Uniform | 764 | - | 764 | 230 |
| Donations | 5,666 | - | 5,666 | 6,147 |
| Subscriptions | 413 | 62 | 475 | 388 |
| Postage & stationery | - | 209 | 209 | 156 |
| Photocopier rental & maintenance | 1,257 | 140 | 1,397 | 1,374 |
| Telephone | - | 728 | 728 | 1,031 |
| Heat & light | - | 9,391 | 9,391 | 8,548 |
| Rent | - | 4,771 | 4,771 | 4,234 |
| Rates | - | 536 | 536 | 874 |
| Refuse | - | 1,076 | 1,076 | 943 |
| Cleaning & security | - | 4,470 | 4,470 | 5,067 |
| Computer expenses | - | 140 | 140 | 150 |
| Governance costs (Note 11) | 6,571 | - | 6,571 | 5,870 |
| Total 2023 | 35,316 | 40,328 | 75,644 | 70,923 |
| Total 2022 | 33,304 | 37,619 | 70,923 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Independent examiner's fees | 2,376 | 2,376 | 2,076 |
| Other accountancyfees | 2,587 | 2,587 | 2,089 |
| Premises licence | 201 | 201 | 180 |
| Other administrative costs | 33 | 33 | 334 |
| Bank charges | 587 | 587 | 447 |
| Bookkeeper's wages | 787 | 787 | 744 |
| 6,571 | 6,571 | 5,870 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 4,732 | 4,479 |
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| St Peter's bythe Waterfront | 1 | 1 |
| Governance | 1 | 1 |
| 2 | 2 |
| Instruments | |||
|---|---|---|---|
| Fixtures and | and | ||
| fittings | equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 November 2022 | 150,110 | 31,008 | 181,118 |
| At 31 October2023 | 150,110 | 31,008 | 181,118 |
| Depreciation | |||
| At 1 November 2022 | 96,571 | 20,785 | 117,356 |
| Charge for the year | 7,998 | 2,087 | 10,085 |
| At 31 October 2023 | 104,569 | 22,872 | 127,441 |
| Net book value | |||
| At 31 October 2023 | 45,541 | 8,136 | 53,677 |
| At 31 October 2022 | 53,539 | 10,223 | 63,762 |
| Fixed asset investments | |||
| Investments | |||
| in | |||
| subsidiary | |||
| undertaking | |||
| £ | |||
| Cost and net book value | |||
| At 1 November2022 | 2 | ||
| At 31 October2023 | |||
| 2 |
==> picture [426 x 95] intentionally omitted <==
| 2023 | 2022 | ||
|---|---|---|---|
| £ | £ | ||
| Finished goods and goods for resale | 1,611 | 1,298 | |
| 16. | Debtors | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Due within one year | |||
| Trade debtors | 3,286 | 2,894 | |
| Other debtors | 26 | 150 | |
| Prepayments and accrued income | 10,573 | 2,951 | |
| 13,885 | 5,995 | ||
| 17. | Current asset investments | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Cash held on deposit | 40,189 | 764 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 2,550 | 3,045 |
| Othercreditors | 1,312 | 854 |
| Accruals and deferred income | 22,597 | 9,167 |
| 26,459 | 13,066 |
| Balance at 1 | Balance at | |||
|---|---|---|---|---|
| November | 31 October | |||
| 2022 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| Designated funds | ||||
| Equipment replacement fund | 8,000 | 8,000 | ||
| St Peter's by the Waterfront | 25,154 | 43,847 | (48,802) | 20,199 |
| Other fixed assets | 40,325 | - | - | 40,325 |
| 73,479 | 43,847 | (48,802) | 68,524 | |
| General funds | ||||
| Band | 35,362 | 29,083 | (31,095) | 33,350 |
| Total Unrestricted funds | 108,841 | 72,930 | (79,897) | 101,874 |
| Restricted funds | ||||
| St Peter’s project | 26,117 | - | (4,824) | 21,293 |
| Other | - | 40 | - | 40 |
| 26,117 | 40 | (4,824) | 21,333 | |
| Total of funds | 134,958 | 72,970 | (84,721) | 123,207 |
| Balance at | Balance at | |||
|---|---|---|---|---|
| 1 November | 31 October | |||
| 2021 | Income | Expenditure | 2022 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| Designated funds | ||||
| Equipment replacementfund | 8,000 | 8,000 | ||
| St Peter's by theWaterfront | 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 1 | Balance at | |||
|---|---|---|---|---|
| November | 31 October | |||
| 2022 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| Designated funds | 73,479 | 43,847 | (48,802) | 68,524 |
| General funds | 35,362 | 29,083 | (31,095) | 33,350 |
| Restricted funds | 26,117 | 40 | (4,824) | 21,333 |
| 134,958 | 72,970 | (84,721) | 123,207 | |
| Summary of funds - prior year | ||||
| Balance at | Balance at | |||
| 1 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 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| £ | £ | £ | |
| Tangiblefixed assets | 34,815 | 18,862 | 53,677 |
| Fixed asset investments | 2 | - | 2 |
| Current assets | 93,516 | 2,471 | 95,987 |
| Creditors due within one year | (26,459) | - | (26,459) |
| Total | 101,874 | 21,333 | 123,207 |
| 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) |
| Tl | 108,841 | 26,117 | 134,958 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Not later than 1 year | 4,773 | 4,773 |
| Later than 1 year and not later than 5 years | 19,094 | 19,094 |
| Later than 5 years | 40,176 | 44,950 |
| 64,043 | 68,817 |