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|||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||Note||funds
E|funds
E|2022|2021f|
|Income from:|||||||
|Donations and legacies|3||74,802|22,100|96&902|35,383|
|Charitable
activities|3||7,585||7,585|4,864|
|Investment
income|||16,691||16,691|9&332|
|Total Income|||99&078|22&100|121&178|49&579|
|Expenditure
on:|||||||
|Raising funds|4&|5|13&712||13,712|8,940|
|Charitable
activities|6,7||23,318|4&671|27,989|22,643|
|Total Expenditure|||37&030|4,671|41,701|31,583|
|Net gain/(loss)
on investments|||(17145)||(17,145)|47&049|
|Net income/expenditure|||44&903|17&429|62,332|65045|
|Transfers between funds|||||||
|Net movement
in funds|||44903|17429|62,332|65,o45|
|ReconciTiation offunds:|||||||
|Total funds brought forward|||365,037||365,037|299&992|
|Total funds carried forward|13||409940|17429|427,369|365,037|
##
##
|||Note|2022|2021|
|---|---|---|---|---|
|Fixed assets|||||
|Intangible
assets|||||
|Current assets|||||
|Debtors
Investments
Cash atbank||10
11|3&522
268,944
156,783|1,833
269,697
93&507|
|Creditors: amounts|faihng due||429&249|365,o37|
|within one year|||1,88o||
|Net current assets|||427,369|365,037|
|Total assets less current liabilities|||427,369|365&037|
|The funds ofthe charity|||||
|Unrestricted
funds
Restricted funds|||409&940
17&429|365,037|
|Total funds|||427,369|365&037|
##
|STATEMENT OFCASH F
ASAT31AUGUST 2022|LOWS||||
|---|---|---|---|---|
||||2022|2021|
||||E||
|Cash flow from operating|activities||||
|Net income/(expenditure)|forthe year||62,332|65,o45|
|Adjustments
for:|||||
|Interest received|||(299)|(46)|
|Investment
income received|||(16,392)|(9,286)|
|Purchase ofFixed Assets|||||
|(Increase)/decrease
in debtors|||(1,689)|1,823|
|Increase/(decrease)
in creditors|||1,88o|(132o)|
|(Gain)/loss on Investments|||17&145|(47&o49)|
|Net cash provided byoperating activities|||62,977|9,167|
|Cash flows from investing|activities||||
|Interest received|||299|46|
|Investment
income received|||16,392|9,286|
|Investments
income reinvested|||(16,392)|(9,286)|
|Purchase ofinvestments|||||
|Net cash provided by investing activities|||299|46|
|Change in cash and cash|equivalents|inthe|||
|reporting period|||63,276|9&213|
|Cash and cash equivalents|atthe beginning of||||
|the reporting period|||93&5o7|84&294|
|Cash and cash equivalents|atthe end|ofthe|||
|reporting period|||156,783|93&5o7|
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|l)|Realised gains and losses|Realised gains and losses|Realised gains and losses|Realised gains and losses|||
|---|---|---|---|---|---|---|
||All gains and losses are taken tothe Statement ofFinancial Activities||||asthey arise.|Realised gains|
||and losses on investments
are calculated||as the difference between||sales proceeds and opening||
||carrying value (purchase|date iflater). Unrealised
gains and losses are calculated asthe difference|||||
||between the market value atthe year end||and opening|carrying value|(or purchase date iflater).||
||Income||||||
|||Unrestricted||Restricted|Total|Total|
||||funds|funds|2022|2021|
||Donations
gz Legacies||74,802|22,100|96,902|35,383|
||Activities for generating|funds:|||||
||Recitals/Recording||7,585||7,585|4,864|
||Investment
income:||||||
||Investment
income receivable||16,392||16&392|9&286|
||Interest receivable||299||299|46|
||Total incoming resources||99,o78|22&100|121,178|49579|
|4.|Expenditure
on raising funds||||||
|||||Direct|Support|Total|
|||||costs|costs|2022|
||Fundraising
and consultancy|||5790|2&499|8,289|
||Design and advertising|||35|2&499|2&534|
||Costsofchoral
events|||391|2,498|2,889|
||Total expenditure
on raising funds|||6,216|7,496|13,712|
##
|5.|Expenditure
on raising funds comparatives|Expenditure
on raising funds comparatives||||
|---|---|---|---|---|---|
||||Direct|Support|Total|
||||costsf|costsf|2021|
||Fundraising
and consultancy|||1&942|1&942|
||Fundraising
software, design and advertising|||1&941|1&941|
||Costs ofchoral events||3,116|1&941|5057|
||Total expenditure
on raising funds||3&116|5,824|8,94o|
|6.|Analysis ofcharitable expenditure|||||
||||Grant|Support|Total|
||||glVnlg|costs|2022|
||||activitiesf||f|
||Tuition fees Bzgrants||11,872|2,498|14&370|
||General charitable expenditure||11,121|2,498|13&619|
||Total charitable expenditure||22993|4,996|27,989|
||Analysis ofcharitable expenditure|comparatives||||
||||Grant|Support|Total|
||||glVnlg|costs|2021|
||||activities|f|f|
||Tuition feesk grants||9,695|1&942|11,637|
||General charitable expenditure||9,065|1&941|11,006|
||Total charitable expenditure||18,76o|3,883|22,643|
##
|8. Analysis ofsupport costs|8. Analysis ofsupport costs|||||||
|---|---|---|---|---|---|---|---|
|Total support
costs allocated||pro-rata|to expenditure|on raising|funds|and expenditure
on||
|charitable activities:||||||Total|Total|
|||||||2022
f|2021|
|Payroll||||||4,766||
|Book-Keeping
lkAudit||||||2&255|713|
|ITcosts||||||3,695|681|
|Insurance||||||573||
|Subscriptions||||||216||
|Office sundries||||||313|1,000|
|Sundry expenses||||||674|182|
|Total support costs||||||12,492|9,708|
|Intangible assets||||||||
|There are no intangible|assets|||||||
|1o.Debtors||||||||
|||||||2022|2021f|
|Accrued Income||||||3&522|1&333|
|Audit Fees|||||||500|
|||||||3&522|1,833|
|11.Fixed Investments||||||||
|Movement in Fixed Investments||||||||
|||||||2022f|2021|
|Market value brought|forward||||264,307||143&234|
|Add: Additions to Investments||at Cost|||||74&024|
|Less: Disposals at Carrying Value||||||||
|Add: Net Gain (Loss) on Revaluation||||||(17144)|47049|
|Market Value at 31August||||||47&
3|4&3 7|
|Fixed Investments|by Type|||||2022f|2021|
|UKShares|||||247,163||264,307|
|Portfolio Cash||||||21,781|5390|
|Total|||||268&944||269,697|
##
|12.Creditors: Amounts|faHing due within one year|2022|2021|
|---|---|---|---|
|Audit Fees||500||
|Other creditors||1,38o||
|||1,88o||
##
|Fund balances asat31Au|gust 2022 are represented
as|follows:|||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|2022|2021|
|Debtors|3&522||3&522|1,833|
|Investments|268,944||268&944|269,697|
|Cash atbank|139&354|17&429|156,783|93&507|
|Creditors|(1,88o)||(1,88o)||
||409&940|17&429|427,369|365,037|
##
|The average m|onthly|number ofemployees|during the year was:|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||Number|Number|
|Administration||||||
|Employment|costs||||f|
|Wages and salaries||||4,766|7&132|
|||||4,766|7&132|
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