2021-08-31-accounts - Eso (2006) Limited

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	Contents ofthe Financial Statements	Contents ofthe Financial Statements
	for	the Year Ended 31stAugust 2021
				Page
Reportofthe	Trustees		1	to	3
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes tothe	Financial Statements		7	to	15

				2021	2020
		Unrestricted	Restncted	Total	Total
		funds	funds	funds	funds
	Notes	5	5		5
FIXEDASSETS
Tangible assets	13	3,290		3,290	3,463
CURRENTASSETS
Debtors	14	41,286	g,rr5	51,061	54,359
Cash at bank		24,387	41,431	65,818	68,192
		65,673	51,206	116,879	122,551
CREDITORS
Amounts falling due within one year	15	(25,141)	(25,819)	(50,960)	(11,751)
NET CURRENT ASSETS		40,532	25,387	65,919	110,800
TOTAL ASSETS LESSCURRENT LIABILITIES		43,822	25,387	69,209	114,263
NET ASSETS		43,822	25,387	69,209	114,263
FUNDS
Unrestncted funds				43,822	41,540
Restricted funds				25,387	72,723
TOTALFUNDS				69,209	114,263

	INCOME	FROM CHARITAB	LE ACTIVITIES
					2021	2020
			Activity .		6	6
	Own promotions		Concerts		24,459	33,272
	Engagements		Concerts		541	4,620
	Course fees		Education		15,799	7,631
	Otherincome		Other Activities		771	24
					41,570	45,547
6.	CHARITABLE ACTIVITIES		COSTS
				Direct	Support
				Costs (see	costs (see
				note 7)	note 6)	Tote!s
				6	6
	Concerts			368,880		368,880
	Education			25,783		25,783
	Support Costs				57,731	57,731
	Other Adivities					555
				395,218	57,731	452,949
	DIRECT COSTS OF CHARITABLE ACTIVITIES
					2021 6	2020f
	Musiaan's	&courses fees			59,105	76,074
	Soloists &	conductors fees			25,787	27,655
	Hire of halls and music				18,409	15,459
	Transport				181	5,486
	Programme	expenses				1,266
	Marketmg	&pub)city			82,408	15;834
	Other concert costs				11,819	14,163
	Recording	costs			197,509	56,489
					395,218	214,426
8.	SUPPORT	COSTS
					Governance
				Management 6	costs f	Totals E
	Support Costs			54,203	3,528	57,731

							2021	2020
							Support	Total
							Costs	activities
							5
Subcontractors - CEO							42,000	3,954
Subcontractors - grant manager							5,014
Bookkeeper							2,496	2,704
Insurance							977	829
Subscriptions	and licences						2,618	2,600
Other support	costs						833	1,115
Bank charges							92	148
Depreciation							173	182
Independent	examiner's	fees					3,528	2,304
							57,731,	13,836
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after			charging/(crediting):
							2021f	2020
Depremation	-owned assets						173	182
INDEPENDENT EXAMINER'8 FEES
							2021 5	2020f
Fees payable	tothe charity's		auditors	for the audit ofthe charity's		financial
statements							3,528	2,304
							2021	2020
							6	E
Independent	examination						1,841	1,535
Assurance work regarding		grant funding			returns		768	720
Theatre tax credit submissions							870
Companies House filings							49	49
							3,528	2,304

					ESO (2006) Limited	ESO (2006) Limited
					.Notes to the Financial Statements		-continued
						forthe Year Ended 31stAugust 2021
12.		COMPARATIVES FOR		THE	STATEMENT OF FINANCIAL ACTIVITIES - continued
							Unrestricted	Restricted			Total
							funds f	funds f			funds f
		Net movement in funds					11,511	72,723	'		84,234
		RECONCILIATION	OF FUNDS
		Total funds brought	forward				30,029				30,029
		TOTAL FUNDS CARRIED FORWARD					41,540	72,723,			114,263
13.	'	TANGIBLE FIXEDASSETS
							Music	Computer
							library f	equipment f r		-~	Totals .F
		COST
		At 1stSeptember 2020 and 31stAugust 2021					6,711	3,638			10,349
		DEPRECIATION
		At 1stSeptember 2020					3,248	3,638			6,886
		Charge for year					173				173
		At 31stAugust 2021					3,421	3,638			7,059
		NET BOOK VALUE
		At 31stAugust 2021					3,290				3,290
		At 31stAugust 2020					3,463				3,463
14.		DEBTORS:AMOUNTS		FALLING		DUE WITHIN ONE YEAR
								2021			2020
								f
		Trade debtors						39,996			15,623
		Theatre tax credits						10,264			38,316
		Prepayments						801			420
								51,061			54,359

CREDITORS: AM	OUNT	S	FALL	ING DUE WITHIN ON	E YEAR
							2021	2020
							f	f
Trade cmditors							45,506	10,394
Other creditors								15
Accrued expenses							1,593	1,342
Deferred income							3,861
							50,960	11,751
Deferred income	relates	to	concerts that were performed		after the year end.
MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
				At 1.920 f		in funds	fundsf	31.8.21 f
Unrestricted funds
General fund					41,540	6,977	(4,695)	43,822
Restricted funds
Arts Council - An	Orchestra		for Elgar
Country					36,384	(39,697)	8,888	5,575
ACE COVID Fund					10,192	(10,192)
CEO Fund						8,500		8,500
Recording Project	Fund				23,097	(21,577)	2,442	3,962
Care Home Fund					3,050	4,300		7,350
Culture Recovery	Fund					6,635	(6,635)
					72,723	(52,031)	4,695	25,387
TOTAL FUNDS					114,263	(45,054)		69,209
Net movement in funds,		included		in the above are as follows:
						Incommg	Resources	Movement
						resources	expended f	in funds f.
Unmstricted funds
General fund						175,470	(168,493)	6,977
Restricted funds
Arts Council- An Orchestra			for Elgar
Country						50,337	(90,034)	(39,697)
ACE COVID Fund							(10,192)	(10,192)
ESO Youth						18,299	(18,299)
CEO Fund						40,000	(31,500)	8,500
Recording Project	Fund					18,038	(39,615)	(21,577)
Care Home Fund						7,600	(3,300)	4,300
Culture Recovery	Fund					98,151	(91,516)	6,635
						232,425	(284856)	(52,031)
TOTAL FUNDS						407,895	(452,949)	(45,054)