|Contents ofthe Financial Statements|
|---|
|for the Year Ended 31Au<br>st2021|



|||||Page||
|---|---|---|---|---|---|
|Report ofthe|Trustees||1|to|2|
|Independent|Examiner's|Report||||
|Statement of|Financial|Activities||||
|Balance Sheet||||||
|Notes to the|Financial|Statements|6|to|ll|
|Detailed Statement ofFinancial Activities|||12|to|13|





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||||20%1|2020|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|fiendsf|
|||Notes|||
|INCOME AND ENDOWMENTS FROM<br>Donations<br>and legacies|||27)522|40,070|
|Other trading activities|||796<br>6|5,866<br>90|
|Investment<br>income||||624|
|Other income|||||
|Total|||28,324|46,650|
|EXPENDITURE ON|||12@84|29,699|
|Raising funds|||||
|Charitable<br>activities<br>General Expenses|||19,117|27,G15|
|Total|||31,501|56,714|
|NET INCOME/(EXPENDITIJRE)|||(3,177)|(10,064)|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward||65~2|75,306|
|TOTAL FUNDS CARRIED FORWARD|||62,065|65,242|





||Balance Sheet|Balance Sheet|||
|---|---|---|---|---|
||31Au|ust 2021|||
||||2021|2020|
||||Unrestricted|Total|
||||fund|funds|
||Notes||||
|FIXEDASSETS|||||
|Tangible assets|||15,021|15,854|
|CURRENT ASSETS|||||
|Stocks|10|||89|
|Debtors|11||292|292|
|Cash at bank aud in hand|12||64,717|66,815|
||||65,009|67,196|
|CREDITORS|||||
|Amounts<br>falling due within one year|13||(17,965}|(17,808)|
|NET CURRENT ASSETS|||47,044|49,388|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||62,065|65+42|
|NKT ASSETS|||62,065|65@42|
|FUNDS|14||||
|Unrestricted<br>funds|||62,065|65,242|
|TOTAL FUNDS|||62,065|65/42|





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|||otes tothe|otes tothe|ancial Statements -continued|||
|---|---|---|---|---|---|---|
||||for the|Year Ended 31 Au ust 202|||
|2.|OTHER TRADING ACTIVITIES||||||
||||||2021|2020|
||Concerts||||4SS|2,865|
||Tuck shop ref'reshments|||||2,493|
||Raffle||||30S|399|
||Ties|||||109|
||||||796|5,866|
|3.|INVESTMENT INCOME||||||
||||||2021|2020|
||Deposit account interest|||||90|
|4.|RAISING FUNDS||||||
||Investment<br>management|costs|||||
||||||2021|2020|
|||||||E|
||Administrative<br>expenses|||||31|
|5.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)|is stated|after charging/(crediting):||||
||||||2021|2020|
||Depreciation - owned assets||||1,653|1,762|
|6.|TRUSTEES' REMUNERATION||AND|BENEFITS|||



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|||||Notes to the Fin|Notes to the Fin|cial Statements -continued|cial Statements -continued|cial Statements -continued||
|---|---|---|---|---|---|---|---|---|---|
||||||for the YearEnded31A||st20|1||
|7.|STAFFCOSTS|||||||||
||Administrators||salaries||||||13,412|
||Conductors|staffcosts|||||||11,695|
||||||||||25,107|
||The average||monthly|number ofstaff during the||year was as follows:||||
||Office Administration||||||||2|
||Conductors,|etc.|||||||10|
||||||||||12|
||No employees||received emoluments||in excess off60,000.|||||



|8.|COMPARATIVES|FOR THE STATEMENT OFFINANCIAL ACTIVITIES|FOR THE STATEMENT OFFINANCIAL ACTIVITIES||
|---|---|---|---|---|
|||||Unrestricted|
|||||fund|
||INCOME AND ENDOWMENTS||FROM||
||Donations<br>and legacies|||40,070|
||Other trading activities|||5,866|
||Investment<br>income|||90|
||Other income|||624|
||Total|||46,650|
||EXPENDITURE ON||||
||Raising funds|||29,699|
||Charitable<br>activities||||
||General Expenses|||27,015|
||Total|||56,714|
||NET INCOME/(EXPENDITURE)|||(10,064)|
||RECONCILIATION|OF FUNDS|||
||Total funds brought|forward||75,306|





||||Notes to the Financial Statements - continued|Notes to the Financial Statements - continued|||
|---|---|---|---|---|---|---|
||||for the Year Ended 31Au ust 2021||||
|8.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL|||ACTIVITIES -continued|||
|||||||Unrestricted|
|||||||fund|
||TOTAL FUNDS CARRIED FORWARD|||||65,242|
|9.|TANGIBLE FIXEDASSETS||||||
||||||Computer||
||||Instruments||equipment|Totals|
||COST||||||
||At 1 September 2020|||52,557|1,646|54/03|
||Instruments|additions|||820|820|
||At 31August 2021|||52,557|2,466|55,023|
||DEPRECIATION||||||
||At 1 September 2020|||36,703|1,646|38@49|
||Instruments|charge for year||1,585|68|1,653|
||At 31August 2021|||38,288|1,714|40,002|
||NET BOOKVALUE||||||
||At 31August 2021|||14,269|752|15,021|
||At 31 August|2020||15,854||15,854|
|10.|STOCKS||||||
||||||2021|2020|
||Stocks|||||89|
|11.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||2021|2020|
||Prepayments||||292|292|
|12.|CASH AT BANK AND IN||HAND||||
||||||2021|2020|
||||||Total|Total|
||||||funds|funds|
||Cash in hand||||32|32|
||Bank account|no, 1 - Ltd|||9@69|8,040|
||Bank account|no. 2 - Ltd|||1,096|1,528|
||Bank deposit|account - Ltd|||54,220|57,215|
||Total||||64,717|66,815|





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||for the Year Ended 31 Au<br>u|for the Year Ended 31 Au<br>u|for the Year Ended 31 Au<br>u|for the Year Ended 31 Au<br>u|for the Year Ended 31 Au<br>u|for the Year Ended 31 Au<br>u|st 2021|||
|---|---|---|---|---|---|---|---|---|---|
|13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||||||YEAR|2021|2020<br>f|
||Social security and other taxes<br>Accrued expenses<br>Deferred government<br>grants|||||||233<br>732<br>17,000|116<br>692<br>17,000|
|||||||||17,965|17,808|
|14.|MOVEMENT IN FUNDS|||||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1/9/20|in funds|31/8/21|
||Unrestricted<br>funds<br>General fund||||||65,242|(3)177)|62,065|
||TOTAL FUNDS||||||65,242|(3,177)|62,065|
||Net movement<br>in funds, included||||in the above|are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||Unrestricted<br>funds<br>General<br>fund||||||28,324|(31/01)|(3,177)|
||TOTAL FUNDS||||||28,324|(31,501)|(3,177)|
||Cornparatives<br>for movement|||in|funds|||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1/9/19|in funds|31/8/20|
||Unrestricted<br>funds|||||||||
||General fund||||||75,306|(10,064)|65,242|
||TOTAL FUNDS||||||75,306|(10,064)|65,242|
||Comparative<br>net movement||in|funds, included||in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
|||||||||f.||
||Unrestricted<br>funds|||||||||
||General fund||||||46,650|(56,714)|(10,064)|
||TOTAL FUNDS||||||46,650|(56,714)|(10,064)|





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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At I/9/19|in funds|31/8/21|
|Unrestricted|funds||||
|General fund||75,306|{13,241)|62,065|
|TOTAL FUNDS||75,306|(13,241)|62,065|



|||||||Incoming|Incoming|Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||resources|||expended|in funds|
||||||||||f.||
|Unrestricted<br>funds|||||||||||
|General<br>fund|||||||74,974||(88,215)|(13,241)|
|TOTAL FUNDS|||||||74,974||(88,215)|(13+41)|
|RELATED PARTY DISCLOSURES|||||||||||
|There were no related party transactions||forthe year ended|||31August||2021.||||
|GRANTS AND REMBURSEMENTS||RECEIVED|||||||||
|During<br>the year,|North<br>East Derbyshire|Music|Centre|Ltd received||||grants,|reimbursements|and gift aid|
|follows:|||||||||||
||||||||||2021|2020|
|Derbyshire<br>County|Council Grant||||||||17,000|17,000|
|Derbyshire<br>County|Council Christmas<br>concert additional|||grant|||||100|NIL|
|Derbyshire<br>County|Council Administrator|reimbursement|||||||NIL||
|Derbyshire<br>County|Council reimbursement|for conductors'||training||courses||||NIL|
|Derbyshire<br>County|Council reimbursement|for expenses not categorised||||||||250|
|HMRC Charities Gift Aid|||||||||3,212|4,830|



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|||||||Detailed Statement ofFinancial|Activities|||
|---|---|---|---|---|---|---|---|---|---|
|||||||for the Year Ended 31Au|t2021|||
|||||||||2021|2020|
|INCOME|AND|ENDO%'MENTS||||||||
|Donations|and legacies|||||||||
|Donations||||||||574|160|
|Grants &reimbursements|||||received|||20,312|22,080|
|Membership<br>subscriptions|||||received|||6,636|16,987|
|Exam fees|||||||||843|
|||||||||27,522|40,070|
|Other trading activities||||||||||
|Concerts||||||||488|2,865|
|Tuck shop|refreshments||||||||2,493|
|Raffle||||||||308|399|
|Tres|||||||||109|
|||||||||796|5,866|
|Investment|income|||||||||
|Deposit account||interest|||||||90|
|Other income||||||||||
|Reeds and|strings||||||||17|
|Other sales|||||||||607|
||||||||||624|
|Total incoming||resources||||||28,324|46,650|
|EXPENDITURE||||||||||
|Raising donations|||and legacies|||||||
|Conducting|staff|costs||||||11,695|23,768|
|Music||||||||600|339|
|Exam fees|||||||||843|
|Instrument|repairs||||||||195|
|Concerts|||||||||655|
|Stage hands|||||||||110|
|Other concert costs|||||||||334|
|Hardship<br>grants given|||||||||123|
|Transport &travel|||||||||320|
|T-Shirts|||||||||186|
|Store room|/ management|||/|venue hire||||824|
|||||||||12,295|27,697|
|Other trading<br>activities||||||||||
|Opening stock||||||||89|380.|
|Carried forward||||||||89|380|





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|||North East Derb<br>shi|re Music Centre Ltd|||
|---|---|---|---|---|---|
|||Detailed Statement|fFinancial Activities|||
|||for the Year Ended 31Au ust2 21||||
|||||2021|2020|
|Other trading activities||||||
|Brought forward||||89|380|
|Tuck shop supplies|||||1,680|
|Closing stock|||||(89)|
|||||89|1,971|
|Investment<br>management||costs||||
|Administrative<br>expenses||.|||31|
|Charitable<br>activities||||||
|Administration<br>salary||||13,412|13,412|
|Rent<br>Insurance||||(330)<br>702|6,822<br>702|
|Utilities|||||889|
|Printing,<br>stationery,|postage, phone and internet|||723|1,064|
|Sundries||||395|320|
|Photocopier costs||||696|529|
|Course fees|||||300|
|Computer<br>sofbvare||||369||
|Depreciation ofhstruments||||1,585|1,762|
|Computer<br>equipment||||68||
|||||17,620|25,800|
|Support costs||||||
|Governance<br>costs||||||
|Independent<br>examiners||fees||1,497|1,215|
|Total resources expended||||31,501|56,714|
|Net expenditure||||(3,177)|(10,064)|