| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to 2 | |
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 6 io 10 | ||
| Detailed Statement ofFinancial Activities |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | L' | 6 | L | L | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
8,104 | 18,336 | 26,440 | 31,726 | |||
| Other trading activities | 2 | 39,162 | 39,162 | 32,667 | |||
| Total | 47,266 | 18,336 | 65,602 | 64,393 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 32,460 | 15,704 | 48,164 | 27,099 | |||
| Other | 22,719 | 22,719 | 28,206 | ||||
| Total | 55,179 | 15,704 | 70,883 | 55,305 | |||
| NET INCOME/(EXPENDITURE) | (7,913) | 2,632 | (5,281) | 9,088 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 41,400 | 41,400 | 32,312 | |||
| TOTAL FUNDS CARRIED FORWARD | 33,487 | 2,632 | 36,119 | 41,400 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 6 | f | f | ||
| FIXEDASSETS | |||||
| Tangible assets | 5 | 13,293 | 13,293 | 14,353 | |
| CURRENT ASSETS | |||||
| Debtors | 6 | 8,586 | 8,586 | 14,326 | |
| Cash at bank and in hand | 12,227 | 2,632 | 14,859 | 12,147 | |
| 20,813 | 2,632 | 23,445 | 26,473 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
7 | (619) | (619) | 574 | |
| NET CURRENT ASSETS | 20,194 | 2,632 | 22,826 | 27,047 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 33,487 | 2,632 | 36,119 | 41,400 | |
| NET ASSETS | 33,487 | 2,632 | 36,119 | 41,400 | |
| FUNDS | |||||
| Unrestricted funds |
33,487 | 41,400 | |||
| Restricted funds | 2,632 | ||||
| TOTAL FUNDS | 36,119 | 41,400 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | |||
| Fundraising | events | 123 | |
| Student fees | 39,039 | 32,667 | |
| 39,162 | 32,667 |
| COMPARATIVES F | OR THE ST | ATEMENT OF | FINANCIAL ACTIVIT | IES | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| 6 | 6 | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies | 31,726 | 31,726 | |||
| Other trading activities |
32,667 | 32,667 | |||
| Total | 64,393 | 64,393 | |||
| EXPENDITURE ON | |||||
| Raising funds | 27,099 | 27,099 | |||
| Other | 28,206 | 28,206 | |||
| Total | 55,305 | 55,305 | |||
| NET INCOME | 9,088 | 9,088 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 32,312 | 32,312 | ||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 41,400 | 41,400 |
| 5. | TANGIBLE FIXE | DASS | E | TS | ||
|---|---|---|---|---|---|---|
| Plant and | ||||||
| machinery | ||||||
| COST | ||||||
| At 1 April 2021 and 31 March 2022 | 17,971 | |||||
| DEPRECIATION | ||||||
| At 1 April 2021 | 3,618 | |||||
| Charge for year | 1,060 | |||||
| At 31 March 2022 | 4,678 | |||||
| NET BOOK VALUE | ||||||
| At 31 March 2022 | 13,293 | |||||
| At 31 March 2021 | 14,353 | |||||
| 6. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| F | ||||||
| Other debtors | 8,586 | 14,326 | ||||
| 7. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| F | ||||||
| Other creditors | 619 | (574) | ||||
| 8. | MOVEMENT IN FUNDS |
|||||
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General fund | 41,400 | (7,913) | 33,487 | |||
| Restricted funds | ||||||
| Vera Wolstencroft | Fund | 2,632 | 2,632 | |||
| TOTAL FUNDS | 41,400 | (5,281) | 36,119 |
| Net mov | ement | in f | unds, includ | ed in the above a |
re as follows: | ||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||||
| resources f |
expended f |
in funds f |
|||||
| Unrestricted | funds | ||||||
| General | fund | 47,266 | (55,179) | (7,913) | |||
| Restricted funds | |||||||
| Vera Wolstencroft | Fund | 18,336 | (15,704) | 2,632 | |||
| TOTAL | FUNDS | 65,602 | (70,883) | (5,281) | |||
| Comparatives | for | movement | in funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.20 | in funds f |
31.3.21 | |||||
| Unrestricted | funds | ||||||
| General | fund | 32,312 | 9,088 | 41,400 | |||
| TOTAL | FUNDS | 32,312 | 9,088 | 41,400 |
| Comparative | net movement in funds, |
included in the above are as f |
ollows: | |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources f |
expended f |
in funds f |
||
| Unrestricted | funds | |||
| General fund | 64,393 | (55,305) | 9,088 | |
| TOTAL FUNDS | 64,393 | (55,305) | 9,088 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | ||||
| 2022f | 2021f | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Donations | 1,059 | 190 | ||
| Gift aid | 45 | |||
| Grants | 25,336 | 31,536 | ||
| 26,440 | 31,726 | |||
| Other trading | activities | |||
| Fundraising events |
123 | |||
| Student fees | 39,039 | 32,667 | ||
| 39,162 | 32,667 | |||
| Total incoming | resources | 65,602 | 64,393 | |
| EXPENDITURE | ||||
| Other trading | activities | |||
| Tutor fees and | exams | 32,034 | 23,877 | |
| Instrument Repairs |
427 | 3,226 | ||
| Entertainment | for all | 15,704 | ||
| Bank interest | (1) | (4) | ||
| 48,164 | 27,099 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | ||||
| Administrative | expenses | |||
| Rent | 8,800 | 14,100 | ||
| Support Costs | 9,444 | 9,920 | ||
| Generalexpenses | 1,956 | 2,136 | ||
| Advertising | 792 | 233 | ||
| Plant and machinery | 1,061 | 1,190 | ||
| 22,053 | 27,579 | |||
| Governance | costs | |||
| Accountancy | and legal fees | 601 | 627 | |
| Total resources | expended | 70,883 | 55,305 | |
| Net (expenditure)/income | (5,281) | 9,088 |