| Pages | |||
|---|---|---|---|
| Report ofthe | Trustees | 1-7 | |
| Independent | Examiner's | Report | |
| Statement of | Financial | Activities | 9to 10 |
| Balance Sheet | 11to 12 | ||
| Notes to the Financial Statements | 13to 16 | ||
| Detailed Statement of Financial Activities | 17to 18 |
| Julia Carroll | Elected February 2020 | |||
|---|---|---|---|---|
| Adiele Ejiofor | Elected February 2020 | |||
| Sharon Gooden | Elected March 2019,resigned | November | 2021 | |
| Sylvie Hafford | Re -elected March 2021 | |||
| Maggie Hilton (Chair) | Re-elected February 2020 | |||
| Mike Lee | Re-elected February 2020 | |||
| Angela Lord |
Re-elected March 2021 | |||
| Nadia Martin | Co-opted March 2021 | |||
| Hang Nguyen | Co-opted September 2021, resigned |
December 2021 | ||
| Zenani Sibindi | Re -elected March 2021 | |||
| Andrew Watson | Re-elected March 2021 | |||
| Pearl Williams | Re-elected February 2020 |
| 12.9.21 | 12,9.20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | ||||||
| fund | fund | ||||||||
| Notes | f | E | E | f | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Donations and legacies |
5,947 | 1,847 | 7,794 | 12,234 | |||||
| Charitable activities |
|||||||||
| Performance ensemble |
4,336 | (20) | 4,316 | 5,073 | |||||
| Intermediate Performance |
Ensemble | 4,022 | (80) | 3,942 | 4,290 | ||||
| Instrument hire |
1,485 | (305) | 1,180 | 840 | |||||
| Saturday Refreshment/Buffet |
1,417 | ||||||||
| Summer school | 45,945 | 45,945 | 5,088 | ||||||
| Extra Activities | 2,435 | ||||||||
| Saturday Mornings |
41,705 | (2,245) | 39,460 | 47,342 | |||||
| Summer Mondays |
1,810 | 1,810 | 2,800 | ||||||
| ELLSO Tuesdays | 5,313 | ||||||||
| Otherincome | 43 | 43 | 199 | ||||||
| Total | 105,293 | (803) | 104,490 | 87,031 | |||||
| EXPENDITURE ON | |||||||||
| Charitable activities |
|||||||||
| Other Activities | 2,602 | 2,602 | 7,641 | ||||||
| Summer school | 6,830 | 6,830 | 140 | ||||||
| Tutors Fees | 61,672 | 61,672 | 67,455 | ||||||
| Hail Hire | 38,998 | 38,998 | 15,785 | ||||||
| Other | 8,869 | 8,869 | 9,202 | ||||||
| Total | 118,971 | 118,971 | 100,223 | ||||||
| NET INCOME/(EXPENDITURE) | (13,678) | (803) | (14,481) | (13,192) | |||||
| Transfers between | funds | ||||||||
| Net movement in |
funds | (13,678) | (803) | (14,481) | (13,192) | ||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds brought | forward | 94,272 | 11,063 | 105,335 | 118,527 | ||||
| TOTAL FUNDS CARRIED FORWARD | 80,594 | 10,260 | 90,854 | 105,335 |
| 12,9.21 | 12.9.20 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | |
| fund | fund | |||
| Notes | E | E | f | E |
| Balance Sheet At 12Se tember 2021 |
|||||
|---|---|---|---|---|---|
| 12.9.21 | 12.9.20 | ||||
| Unrestricted | Restricted | Total funds | Total funds | ||
| fund | fund | ||||
| Not | E | E | E | E | |
| es | |||||
| FIXEDASSETS | |||||
| Tangible assets | 51 | 51 | 300 | ||
| CURRENT ASSETS | |||||
| Debtors | 1,120 | 1,120 | 4,994 | ||
| Cash at bank | 134,720 | 10,260 | 144,980 | 133,046 | |
| 135,840 | 10,260 | 146,100 | 138,040 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(45,127) | (45,127) | (30,157) | ||
| NET CURRENT ASSETS | 90,713 | 10,260 | 100,973 | 107,883 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 90,764 | 10,260 | 101,024 | 108,183 | |
| ACCRUALS AND DEFERRED INCOME | (10,170) | (10,170) | (2,848) | ||
| NET ASSETS | 80,594 | 10,260 | 90,854 | 105,335 | |
| FUNDS | |||||
| Unrestricted funds |
80,594 | 94,272 | |||
| Restricted funds | 10,260 | 11,063 | |||
| TOTAL FUNDS | 90,854 | 105,335 |
| 12.9.21 | 12.9.20 |
|---|---|
| E | E |
| 249 | 1,343 |
| Unrestricted | Restricted | Tota I funds | ||
|---|---|---|---|---|
| fund | fund | |||
| E | E | f | ||
| INCOME AND ENDOWIVIENTS FROM | ||||
| Donations and legacies |
10,999 | 1,235 | 12,234 | |
| Charitable activities |
||||
| Performance ensemble |
5,213 | (140) | 5073 | |
| Intermediate Performance |
Ensemble | 4,415 | (125) | 4,290 |
| Instrument hire |
880 | (40) | 840 | |
| Saturday Refreshment/Buffet |
1,417 | 1,417 | ||
| Extra Activities | 2,435 | 2,435 | ||
| Summer school | 5,088 | 5,088 | ||
| Saturday Mornings |
49,367 | (2,025) | 47,342 | |
| Summer Mondays |
2,800 | 2,800 | ||
| ELLSO Tuesdays | 5,488 | (175) | 5,313 | |
| Otherincome | 199 | 199 | ||
| Total | 88,301 | (1,270) | 87,031 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Other Activities | 7,641 | 7,641 | ||
| Summer school | 140 | 140 | ||
| Tutors Fees | 67,455 | 67,455 | ||
| Hall Hire | 15,785 | 15,785 | ||
| Other | 9,202 | 9,202 | ||
| Total | 100,223 | 100,223 | ||
| NET INCOME | (11,922) | (1,270) | (13,192) |
| 4. | COMPARATIVES | FOR THE STATEMENT OF | FINANCIAL ACTIVITIES - continued | FINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | ||||
| fund | fund | |||||
| E | f | |||||
| Transfers between funds |
(1,000) | 1,000 | ||||
| Net movement | ln funds | (12,922) | (270) | (13,192) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
107,194 | 11,833 | 118,527 | |||
| TOTAL FUNDS CARRIED FORWARD | 94,272 | 11,033 | 105,335 | |||
| 5. | TANGIBLE FIXEDASSETS | |||||
| Plant and | Computer | |||||
| machinery | equipment | Totals | ||||
| E | E | E | ||||
| COST | ||||||
| At 13September | 2020 and 12September | 2021 | 6,218 | 503 | 6,721 | |
| DEPRECIATION | ||||||
| At 13September | 2020 | 5,995 | 426 | 6,421 | ||
| Charge for year | 223 | 26 | 249 | |||
| At 12September | 2021 | 6,218 | 452 | 6,670 | ||
| NET BOOK VALUE | ||||||
| At 12September | 2021 | 51 | 51 | |||
| At 12September | 2020 | 223 | 77 | 300 | ||
| 6. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
|||||
| 12.9.21 | 12.9.20 | |||||
| f | E | |||||
| Trade debtors | 1,120 | 60 | ||||
| Prepayments and accrued income |
4,934 | |||||
| 1,120 | 4,994 |
| 7. | CREDITORS: | AM | OUNTS | FALLING | DUE WITHIN ONE YEAR | ||||
|---|---|---|---|---|---|---|---|---|---|
| 12.9,21 | 12.9.20 | ||||||||
| E | f | ||||||||
| Trade creditors | 24,719 | 7,997 | |||||||
| Other creditors | 1,000 | 232 | |||||||
| Deferred income | 19,408 | 21,928 | |||||||
| 45,127 | 30,157 | ||||||||
| 8. | ACCRUALS AND | DEFERRED INCOME | |||||||
| 12.9.201 | 12.9.20 | ||||||||
| E | E | ||||||||
| Accruals and | deferred | income | 10,170 | 2,848 | |||||
| 9. | MOVEMENT | IN | FUNDS | ||||||
| Net | Transfers | ||||||||
| movement | in | between | |||||||
| At 13.9.20 | funds | funds | At 12.9.21 | ||||||
| f | E | E | |||||||
| Unrestricted | funds | ||||||||
| General fund | 94,272 | (13,678) | 80,594 | ||||||
| Restricted funds | |||||||||
| Ray's Fund | 11,063 | (803) | 10,260 | ||||||
| TOTAL FUNDS | 105,335 | (14,481) | 90,584 | ||||||
| Net movement | in funds, included | in the above are as follows: | |||||||
| Incoming | Resources | Movement in |
|||||||
| resources | expended | funds | |||||||
| f | E | f | |||||||
| Unrestricted | funds | ||||||||
| General fund |
105,293 | (118,971) | (13,678) | ||||||
| Restricted funds | |||||||||
| Ray's Fund | (803) | (803) | |||||||
| TOTAL FUNDS | 104,490 | (118,971) | (14,481) |
| 12.9.21 | 12,9.20 | ||
|---|---|---|---|
| f | E | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 5,054 | 8,669 | |
| Subscriptions | 2,740 | 3,565 | |
| 7,794 | 12,234 | ||
| Charitable activities |
|||
| Performance Ensemble |
4,316 | 7,023 | |
| Intermed. Performance |
Ensemble | 3,942 | 4,290 |
| Saturday Refreshment/Buffet |
1,417 | ||
| Other Activities | 2,435 | ||
| Saturday Mornings |
39,460 | 47,342 | |
| Instrument Hire |
1,180 | 840 | |
| Summer Mondays |
1,810 | 2,800 | |
| Summer School | 45,945 | 5,088 | |
| ELLSO Tuesdays | 3,363 | ||
| 96,653 | 74,598 | ||
| Other income | |||
| Bank interest received |
43 | 199 | |
| Total incoming resources | 104,490 | 87,031 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Summer School | 6,830 | 140 | |
| Tutor fees | 61,672 | 67,455 | |
| Hall hire | 38,998 | 15,785 | |
| Other | 716 | 4,708 | |
| Depreciation oftangible |
fixed assets | 248 | 1,344 |
| 108,464 | 89,432 | ||
| Other | |||
| Other general expenses | 2,149 | 2,427 | |
| Insurance | 720 | 774 | |
| Website | 6,000 | 6,000 | |
| 8,869 | 9,201 |
| 12.9.21 | 12,9.20 | ||
|---|---|---|---|
| E | E | ||
| Support Costs | |||
| Governance | costs | ||
| Accountancy | and legal fees | 1,638 | 1,590 |
| Total resources expended | 118,971 | 100,223 | |
| Net income | (14,481) | (13,192) |