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2025-10-31-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 9-10
Notes to the Financial Statements 11-28
Trustees Andrew Mayhew, Chair
Maggie Porter, Vice Chair
Sarah Purbrook
Joy Williams, Band Secretary
Katherine Budgen, Treasurer
Amanda Mayhew
Corinne Rousham
Rosalyn Burrow
Robert Goodridge
Sally Hammond (Appointed 13 May 2025)
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 Limited
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
2025 2025 2025 2024
Notes £ £ £ £
Income from:
Donations and legacies 3 26,796 - 26,796 28,985
Charitable activities 4 43,767 - 43,767 68,838
Other trading activities 5 28,934 - 28,934 22,016
Investments 6 1,510 - 1,510 1,857
Total income 101,007 - 101,007 121,696
Expenditure on:
Raising funds 7 16,215 . 16,215 38,004
Charitable activities 8 82,998 4,347 87,345 84,325
Total expenditure 99,213 4,347 103,560 122,329
Net movement in funds 1,794 (4,347) (2,553) (633)
Reconciliation of funds:
Total funds brought forward 109,083 13,491 122,574 123,207
Net movement in funds 1,794 (4,347) (2,553) (633)
Total funds carried forward 110,877 9,144 120,021 122,574

2025 2024
Note £ £
Fixed assets
Tangible assets 13 42,890 52,839
Investments 14 2 2
42,892 52,841
Current assets
Stocks 15 2,043 1,404
Debtors 16 7,706 5,756
Investments 17 43,138 41,805
Cash at bank and in hand 56,983 49,943
109,870 98,908
Current liabilities
Creditors: amounts falling due within one
year 18 (32,741) (29,175)
Net current assets 77,129 69,733
Total assets less current liabilities 120,021 122,574
Net assets excluding pension asset 120,021 122,574
Total net assets 120,021 122,574
Charity funds
Restricted funds 19 9,144 13,491
Unrestricted funds 19 110,877 109,083
Total funds 120,021 122,574

Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
£ £ £ £
Donations
Donations 412 - 412 1,228
Christmas Carol Collections 7,554 - 7,554 7,535
Subscriptions 14,797 - 14,797 13,488
Gift Aid Receivable 4,033 - 4,033 3,771
Grants
Hobson Charity Grant - - - 2,963
Subtotal 26,796 - 26,796 28,985
26,796 - 26,796 28,985
Total 2024 26,022 2,963 28,985

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Income from charitable activities - Bands 8,228 8,228 34,356
Income from charitable activities - St Peter's bythe
Waterfront 35,539 35,539 34,482
43,767 43,767 68,838
Total 2024 68,838 68,838

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Sale of refreshments & instrument sundries 27,840 27,840 21,414
St Peter's Merchandise 523 523 257
Other 571 571 345
28,934 28,934 22,016
Total 2024 22,016 22,016

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Interest receivable 1,510 1,510 1,857
Total 2024 1,857 1,857

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Drinks & instrument sundries 9,912 9,912 7,767
Fundraising costs 773 773 698
St Peter's merchandise 1,523 1,523 339
Cost of St Peter's events 2,743 2,743 2,750
Tour supplier payments - - 464
Library Sundry and Maintenance - - 217
Cost of Band tour - - 24,435
Other voluntary income cost - St Peter's 1,024 1,024 1,102
Website Hosting 240 240 232
16,215 16,215 38,004
Total 2024 38,004 38,004

Unrestricted Restricted
funds funds Total Total
2025 2025 2025 2024
£ £ £ £
Bands 38,101 250 38,351 41,697
St Peter's by the Waterfront 44,897 4,097 48,994 42,628
Total 2025 82,998 4,347 87,345 84,325
Total 2024 79,190 5,135 84,325

**Staff costs ** Depreciation Other costs Total Total
2025 2025 2025 2025 2024
£ £ £ £ £
Bands 872 509 36,970 38,351 41,697
St Peter's by the Waterfront 4,988 10,481 33,525 48,994 42,628
5,860 10,990 70,495 87,345 84,325
Total 2024 5,138 10,818 68,369 84,325

Activities
undertaken Support Total Total
directly costs funds funds
2025 2025 2025 2024
£ £ £ £
Bands 38,351 - 38,351 41,697
St Peter's by the Waterfront 48,994 - 48,994 42,628
87,345 - 87,345 84,325
Total 2024 83,755 570 84,325

St Peter's
by the Total Total
Bands Waterfront funds funds
2025 2025 2025 2024
£ £ £ £
Staff costs - 4,988 4,988 4,248
Depreciation 509 10,481 10,990 10,818
Musical Director's remuneration 7,290 - 7,290 6,611
Insurance 1,441 2,066 3,507 3,136
Music & library 97 - 97 298
Instrument repairs & maintenance 377 82 459 441
Equipment repairs & maintenance - 5,197 5,197 2,151
Engagement & rehearsal expenses 12,226 - 12,226 12,340
Uniform - - - 3,881
Donations 5,082 - 5,082 5,656
Subscriptions 528 53 581 593
Postage & stationery 85 247 332 165
Photocopier rental & maintenance 1,676 186 1,862 2,133
Telephone - 851 851 822
Heat & light - 11,101 11,101 9,203
Rent - 4,773 4,773 4,773
Rates - 1,473 1,473 1,131
Refuse - 1,289 1,289 1,215
Cleaning & security - 5,860 5,860 4,859
Computer expenses - 347 347 113
Loss on disposal of fixed assets - - - 748
Governance costs (Note 10) 9,040 - 9,040 8,420
Total 2025 38,351 48,994 87,345 83,755
Total 2024 41,697 42,058 83,755

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Independent examiner's fees 2,640 2,640 2,612
Other accountancy fees 2,642 2,642 2,623
Premises licence 180 180 180
Other administrative costs 1,232 1,232 800
Bank charges 1,474 1,474 1,315
Bookkeeper's wages 872 872 890
9,040 9,040 8,420
2025 2024
£ £
Wages and salaries 5,860 5,138
2025 2024
No. No.
St Peter's by the Waterfront 1 1
Governance 1 1
2 2

Fixtures and and
fittings equipment Total
£ £ £
Cost
At 1 November 2024 155,787 31,307 187,094
Additions 1,044 - 1,044
At 31 October 2025 156,831 31,307 188,138
Depreciation
At 1 November 2024 109,267 24,988 134,255
Charge for the year 8,906 2,087 10,993
At 31 October 2025 118,173 27,075 145,248
Net book value
At 31 October 2025 38,658 4,232 42,890
At 31 October 2024 46,520 6,319 52,839

Investments
in
subsidiary
undertaking
£
Cost or valuation
At 1 November 2024 2
At 31 October 2025
2

As at 31 October 2025 the following was a subsidiary undertaking of the Charity: As at 31 October 2025 the following was a subsidiary undertaking of the Charity: As at 31 October 2025 the following was a subsidiary undertaking of the Charity:
Name Registered office **Principal activity ** Class of Holding
shares
St Peter's ByThe Waterfront St Peter’s by the Waterfront, Dormant Ordinary 100%
Limited St Peter’s Church,
College Street,
Ipswich IP4 1BF

2025 2024
£ £
Finished goods and goods for resale 2,043 1,404

2025 2024
£ £
Due within one year
Trade debtors 3,371 1,737
Other debtors 714 151
Prepayments and accrued income 3,621 3,868
7,706 5,756

2025 2024
£ £
Cash held on deposit 43,138 41,805

2025 2024
£ £
Trade creditors 6,292 2,565
Other creditors 2,478 1,907
Accruals and deferred income 23,971 24,703
32,741 29,175

Balance at 1 Balance at
November Transfers 31 October
2024 Income Expenditure in/out 2025
£ £ £ £ £
Unrestricted funds
Designated funds
Equipment replacement fund 8,000 - - - 8,000
St Peter's bythe Waterfront 33,332 67,666 (58,357) - 42,641
Other fixed assets 39,346 - (6,643) 1,044 33,747
80,678 67,666 (65,000) 1,044 84,388
General funds
General Funds - all funds 28,405 33,341 (34,213) (1,044) 26,489
Total Unrestricted funds 109,083 101,007 (99,213) - 110,877
Restricted funds
St Peter’s project 13,491 - (4,347) - 9,144
Total of funds 122,574 101,007 (103,560) 120,021

Balance at Balance at
1 November Transfers 31 October
2023 Income Expenditure in/out 2024
£ £ £ £ £
Unrestricted funds
Designated funds
Equipment replacement fund 8,000 8,000
St Peter's by the Waterfront 20,199 62,066 (48,933) 33,332
Other fixed assets 40,325 (6,183) 5,204 39,346
68,524 62,066 (55,116) 5,204 80,678
General funds
Band 33,350 56,667 (62,078) 466 28,405
Total Unrestricted funds 101,874 118,733 (117,194) 5,670 109,083
Restricted funds
St Peter’s project 21,293 2,963 (5,095) (5,670) 13,491
Other 40 (40)
21,333 2,963 (5,135) (5,670) 13,491
Total of funds 123,207 121,696 (122,329) 122,574

Balance at 1 Balance at
November Transfers 31 October
2024 Income Expenditure in/out 2025
£ £ £ £ £
Designated funds 80,678 67,666 (65,000) 1,044 84,388
General funds 28,405 33,341 (34,213) (1,044) 26,489
Restricted funds 13,491 - (4,347) - 9,144
122,574 101,007 (103,560) 120,021
Summary of funds - prior year
Balance at Balance at
1 November Transfers 31 October
2023 Income Expenditure in/out 2024
£ £ £ £ £
Designated funds 68,524 62,066 (55,116) 5,204 80,678
General funds 33,350 56,667 (62,078) 466 28,405
Restricted funds 21,333 2,963 (5,135) (5,670) 13,491
123,207 121,696 (122,329) 122,574

Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Tangible fixed assets 33,746 9,144 42,890
Fixed asset investments 2 - 2
Current assets 109,870 - 109,870
Creditors due within one year (32,741) - (32,741)
Total 110,877 9,144 120,021

Unrestricted Restricted Total
funds funds funds
2024 2024 2024
£ £ £
Tangible fixed assets 39,348 13,491 52,839
Fixed asset investments 2 - 2
Current assets 98,908 - 98,908
Creditors due within one year (29,175) - (29,175)
Ttl 109,083 13,491 122,574

2025 2024
£ £
Not later than 1 year 4,773 4,773
Later than 1 year and not later than 5 years 19,092 19,092
Later than 5 years 30,629 35,403
54,494 59,268