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2023-10-31-accounts
|
Pages |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Trustees' Report |
2-5 |
| Independent Examiner's Report |
6-7 |
| 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 |
|
|
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 |