||||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||
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|||||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|
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||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|
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|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|
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|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|
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||||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|
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|||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|