2023-07-31-accounts

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	12
Detailed Statement of Financial Activities			13

				for the Year	Ended 31July 2	023
							31.7.23	31.7.22
					Unrestricted	Restricted	Total	Total
				Notes	fund	fund f	funds 2	funds 6
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				72,673	22,271	94,944	68,255
Investment	income				944		944
Total					73,617	22,271	95,888	68,311
EXPENDITURE ON
Charitable	activities				66,980	4,362	71,342	62,798
Other					294		294	172
Total					67,274	4,362	71,636	62,970
NET INCOME					6,343	17,909	24,252	5,341
RECONCILIATION		OF FUNDS
Total funds	brought	forward			80,795	15,137	95,932	90,591
TOTAL FUNDS CARRIED FORWARD					87,138	33,046	120,184	95,932

	Bal 31	ance Sheet July 2023
				31.7.23	31.7.22
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	6	8	8	F
FIXEDASSETS
Tangible assets	7	416		416	710
CURRENT ASSETS
Debtors		400		400
Cash at bank		87,514	33,046	120,560	96,367
		87,914	33,046	120,960	96,367
CREDITORS
Amounts falling due within one year		(1,192)		(1,192)	(1,145)
NET CURRENT ASSETS		86,722	33,046	119,768	95,222
TOTAL ASSETS LESSCURRENT LIABILITIES		87,138	33,046	120,184	95,932
NET ASSETS		87,138	33,046	120,184	95,932
FUNDS	10
Unrestricted funds Restricted funds				87,138 33,046	80,795 15,137
TOTAL FUNDS				120,184	95,932

The average m	ont	hly number o	femp	loyees during the year	was as follows:
Support						31.7.23 1	31.7.22 1
No employees	received emoluments			in excess of660,000.
COMPARATIVES		FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funds
INCOME AND	ENDOWMENTS		FROM		6	6	6
Donations and	legacies				68,255		68,255
Investment income					56		56
Total					68,311		68,311
EXPENDITURE	ON
Charitable activities					62,798		62,798
Other					172		172
Total					62,970		62,970
NET INCOME Transfers between		funds			5,341 4,594	(4,594)	5,341
Net movement	in funds				9,935	(4,594)	5,341
RECONCILIATION		OF FUNDS
Total funds brought		forward			70,860	19,731	90,591
TOTAL FUNDS	CARRIED FORWARD				80,795	15,137	95932

TANGIBLE FIXEDAS	S	E	TS
							Computer
							equipment
							6
COST
At 1 August 2022 and 31			July	2023			1,824
DEPRECIATION
At 1 August 2022 Charge for year							1,114 294
At 31 July 2023							1,408
NET BOOK VALUE
At 31 July 2023							416
At 31 July 2022							710
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31,7.23	31,7.22
						6	6
Trade debtors						400
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
						31,7.23	31.7.22
						6	2
Trade creditors						79	115
Social security and other		taxes				241	194
Other creditors						90	78
Accrued expenses						782	758
						1,192	1,145
MOVEIIIIENT IN FUNDS
						Net
						movement	At
					At 1,8.22 6	in funds f	31.7.23
Unrestricted funds
General fund					80,795	6,343	87,138
Restricted funds
Restricted					15,137	17,909	33,046
TOTAL FUNDS					95,932	24,252	120,184
Net movement in funds,	included			in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds					6	6	F
General fund					73,617	(67,274)	6,343
Restricted funds
Restricted					22,271	(4,362)	17,909
TOTAL FUNDS					95,888	(71,636)	24,252

			Net	Transfers
			movement	between	At
		At 1.8.21	in funds	funds	31,7.22
Unrestdcted	funds	8	8	8	8
General fund		70,860	5,341	4,594	80,795
Restricted funds
Restricted		19,731		(4,594)	15,137
TOTAL FUNDS		90,591	5,341		95932

Comparative	net moveme	nt in funds, included in th	e above ar	e as fol	lows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted	funds				8	8	6
General fund					68,311	(62,970)	5,341
TOTAL FUNDS					68,311	(62,970)	5,341
A current year 12months		and prior year 12months	combined	position	is as follows:
					Net	Transfers
					movement	between	At
Unrestricted	funds		At 1.8.21 6		in funds 6	funds	31.7.23 f
General fund			70,860		11,684	4,594	87,138
Restricted funds
Restricted			19,731		17,909	(4,594)	33,046
TOTAL FUNDS			90,591		29,593		120,184

		Incoming	Resources	Movement
Unrestricted	funds	resources 5	expended 8	in funds f
General fund		141,928	(130,244)	11,684
Restricted funds
Restricted		22,271	(4,362)	17,909
TOTAL FUNDS		164,199	(134,606)	29,593

		The Rhythm	Studio Foundation
		Detailed Statement of Financial Activities
		for the Year	Ended 31July 2023
				31.7.23	31.7.22f
INCOME AND ENDOWMENTS
Donations and	legacies
Donations 8 sponsorship Gift aid				93,918 1,026	67,298 957
				94,944	68,255
Investment income
Bank interest				944	56
Total incoming	resources			95,888	68,311
EXPENDITURE
Charitable activities
Eventfees Teaching fees				1,929 43,217	2,804 32,572
				45,146	35,376
Other
Depn ofcomputer	equipment			294	172
Support costs
Management
Wages Pensions Insurance Postage and stationery Advertising Sundries Accountancy Travel				21,574 425 362 319 227 514 2,160 549	19,301 392 339 479 5,171 13 1,475 106
				26,130	27,276
Finance
Bank charges				66	146
Total resources expended				71,636	62,970
Net income				24,252	5,341