OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Trustees Annual
Report
2-3
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts

ForThe Rear Ended 31D ecember 2021.
2021
Notes
Incoming Resources
Donations,
Legacies and Other
Similar Incoming Resources 99,296 67,817
Gift Aid Repayment 16,055 15,229
Interest Received 6 25
HMRC Grant 4,590 6,230
Council Grant
—Covid Fund
9,695
Total Incoming Resources 129,642 89,301
Resources Expensed
Honourarium 2,721
Utilities 2,182
Conference Meeting &Retreats 856
Welfare Gift and Donations 11,369 7,179
I-Iall Hire, Storage KRent 22,602 29,883
Prmnng K Pubhc1tv 1,588
Travel KTransport 2,256
I-Iospitality
and Refreshments
2,518 1,386
Independent
Examiner
1,200 1,200
Music Licence 215
Training KDevelopment 1,612
Depreciation 1,209
Salaries 20,799 14,532
Repairs 5cMaintenance 1,892 1,155
Telephone R Internet 1,552 l,034
Central 0f6ce 2,400 2,400
Charitable
Donations
1,705 352
WEM Contribution '1,200 1,200
Administrative
Expenses
18
Insurance 1,106 1,090
Covid-Relief 7,033
Total Resources Expended
Net Incoming / (Outgoing) Resources 42,172 19,631
Total Funds Brought Forward 37,419
Total Funds Carried Forward 99,222
2020
Fixed Assets
Musical R Technical Equipment
Current Assets
Debtors 1,000
Cash at Bank R in Hand 98,220
Creditors Amount Falling due within One year
Net Cllr1ent Assets jILiabilifies)
Total Assets less Current Liabilities 57,050
Creditors: Amounts Failing due after more than one year
Total Net Assets 57,050

d) Depreciation
Depreciation
has been calculated to write down the cost or valuation
less estimated residual value ofall
tangible
fixed assets over
their expected useful lives on a straight line basis.
The applicable
rates are;
Musical RTechnical Equipment 25 /0
Motor Vehicle 20'/o
2 Fixed Assets - Musical 8r,Technical Equipment Motor Vehicle Equipments
Cost or Valuation
As at 1stJanuary 2021. 7,240 11~213 18,453
Additions
Disposal
As at 31stDecember 2021,
Depreciation
As at 1stJanuary 2021. 7,239 11,212 18,451
Charge for this period
Disposal
As at 31stDecember 2021. 11 212 18,451
Net Hock Value
As at 31stDecember 2021.
As at 31stDecember 2020.
3 Donations, Legacies and other Similar Incoming Resources
2020
41,733 20,897
Offering 47,701 42,957
Thanksgiving 2,356 848
Others 7,505 3,059
HuIlding
Fund
100
Returned
Cheques
(44)