This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2020-10-31-accounts
| Trustees |
Charles Pike, Chair |
|
Ben Wilson |
|
Joseph Mclean |
| Company registered |
|
| number |
07802097 |
| Charity registered |
|
| number |
1145808 |
| Registered office |
31 Hill Street |
|
London |
|
W1J5LS |
| Accountants |
Williams Giles Professional Services Ltd |
|
Sittingbourne |
|
Kent |
|
ME10 5BH |
| Bankers |
Adam & Company |
|
6 Adelaide Street |
|
London |
|
WC2N 4HZ |
| Solicitors |
Fosters LLP |
|
31 Hill Street |
|
London |
|
W1J 5LS |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2020 |
2020 |
2020 |
2019 |
|
Note |
£ |
£ |
£ |
r |
| Income from: |
|
|
|
|
|
| Donations and legacies |
3 |
2,500 |
16,329 |
18,829 |
465,313 |
| Other income |
4 |
250 |
|
250 |
|
| Total income |
|
2,750 |
16,329 |
19,079 |
465,313 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
5 |
|
|
|
5,891 |
| Charitable activities |
7 |
1,200 |
69,591 |
70,791 |
401,162 |
| Total expenditure |
|
1,200 |
69,591 |
70,791 |
407,053 |
| Net movement in funds |
|
1,550 |
(53,262) |
(51,712) |
58,260 |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
(21,409) |
119,886 |
98,477 |
40,217 |
| Net movement in funds |
|
1,550 |
(53,262) |
(51,712) |
58,260 |
| Total funds carried forward |
|
(19,859) |
66,624 |
46,765 |
98,477 |
|
|
|
2020 |
|
2019 |
|
Note |
|
|
|
|
| Current assets |
|
|
|
|
|
| Debtors |
10 |
4,999 |
|
21,663 |
|
| Cash at bank and in hand |
|
52,822 |
|
88,420 |
|
|
|
57,821 |
|
110,083 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
11 |
(11,056) |
|
(11,606) |
|
| Net current assets |
|
|
46,765 |
|
98,477 |
| Total assets less current liabilities |
|
|
46,765 |
|
98,477 |
| Total net assets |
|
|
48,765 |
|
98,477 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
13 |
|
66,624 |
|
119,886 |
| Unrestricted funds |
13 |
|
(19,859) |
|
(21,409) |
| Total funds |
|
|
46,765 |
|
98,477 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
r |
| Donations |
|
16,329 |
16,329 |
197,817 |
| Received from other charitable foundations |
|
|
|
267,496 |
| Similar incoming resources |
2,500 |
|
2,500 |
|
| Total 2020 |
2,500 |
16,329 |
18,829 |
465,313 |
| Total 2019 |
1,233 |
464,080 |
465,313 |
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
funds |
funds |
funds |
|
|
|
2020 |
2020 |
2019 |
|
|
|
£ |
£ |
£ |
| Other |
incoming |
resources |
250 |
250 |
|
|
Restricted |
Total |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
r |
| Allocated centrally incurred fundraising and governance |
|
|
|
| costs |
|
|
5,891 |
| Total 2019 |
5,891 |
5,891 |
|
| Analysis of grants |
|
|
|
|
Grants to |
Total |
Total |
|
Institutions |
funds |
funds |
|
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
| Grants, Developing and supporting charitable projects |
69,591 |
69,591 |
385,273 |
| Total 2019 |
385,273 |
385,273 |
|
|
2020 |
2019 |
|
£ |
£ |
| Name of institution |
|
|
| Cardiac Risk in the Young |
|
8,025 |
| East Africa Cricket |
|
1,500 |
| Hoddeson Cricket |
|
1,139 |
| Kibworth Tennis |
|
250 |
| Red Velvet Music Group |
|
3,600 |
| Restart Lives |
|
1,500 |
| Scottish Opera |
|
369,259 |
| A Star Foundation |
10,932 |
|
| Aim to Gain |
1,000 |
− |
| Alex Wardle Foundation |
3,815 |
|
| Opera Ventures |
53,844 |
|
|
69,591 |
385,273 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Grant making to institutions |
− |
69,591 |
69,591 |
385,273 |
| Grant Making |
1,200 |
− |
1,200 |
4,202 |
| Other Costs |
|
|
|
(493) |
| Advertising and website development |
|
|
|
100 |
| Travel and subsistence costs |
|
|
|
12,080 |
| Total 2020 |
1,200 |
69,591 |
70,791 |
401,162 |
| Total 2019 |
4,202 |
396,960 |
401,162 |
|
|
Grant |
|
|
|
|
funding of |
Support |
Total |
Total |
|
activities |
costs |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
£ |
£ |
r |
| Grant making to insitutions |
69,591 |
|
69,591 |
385,273 |
| Grant Making |
|
1,200 |
1,200 |
4,202 |
| Other Costs |
|
|
|
(493) |
| Advertising and website development |
|
|
|
100 |
| Travel and subsistence costs |
|
|
• |
12,080 |
| Total 2020 |
69,591 |
1,200 |
70,791 |
401,162 |
| Total 2019 |
385,273 |
15,889 |
401,162 |
|
|
2020 |
2019 |
| Due within one year |
|
|
| Other debtors |
4,999 |
21,663 |
|
4,999 |
21,663 |
|
2020 |
2019 |
| Trade creditors |
7,856 |
9,606 |
| Accruals and deferred income |
3,200 |
2,000 |
|
11,056 |
11,606 |
|
|
2020 |
2019 |
| **Financial ** |
assets |
|
|
| Financial |
assets measured at fair value through income and expenditure |
52,822 |
88,420 |
| Financial |
assets measured at amortised cost |
4,999 |
|
|
|
57,821 |
88,420 |
|
|
2020 |
2019 |
| **Financial ** |
liabilities |
|
|
| Financial |
liabilities measured at amortised cost |
11,606 |
|
| Statement of funds −current year |
|
|
|
|
|
Balance at 1 |
|
|
Balance at |
|
November |
|
|
31 October |
|
2019 |
Income |
Expenditure |
2020 |
| Unrestricted funds |
|
|
|
|
| General Funds |
(21,409) |
2,750 |
(1,200) |
(19,859) |
| Restricted funds |
|
|
|
|
| Restricted Fund |
55,781 |
16,329 |
(15,747) |
56,363 |
| New Venture Opera Fund |
64,105 |
|
(53,844) |
10,261 |
|
119,886 |
16,329 |
(69,591) |
66,624 |
| Total of funds |
98,477 |
19,079 |
(70,791) |
46,765 |
| Statement of funds −prior year |
|
|
|
|
|
• Balance at
1 November |
|
|
Balance at
31 October |
|
2018 |
Income |
Expenditure |
2019 |
| Unrestricted funds |
|
|
|
|
| General Funds |
(18,440) |
1,233 |
(4,202) |
(21,409) |
| Restricted funds |
|
|
|
|
| Restricted Fund |
43,443 |
34,343 |
(22,005) |
55,781 |
| New Venture Opera Fund |
15,214 |
429,737 |
(380,846) |
64,105 |
|
58,657 |
464,080 |
(402,851) |
119,886 |
| Total of funds |
40,217 |
464,080 |
(407,053) |
98,477 |
| Summary of funds −current year |
|
|
|
|
|
Balance at 1 |
|
|
Balance at |
|
November |
|
|
31 October |
|
2019 |
Income |
Expenditure |
2020 |
| General funds |
(21,409) |
2,750 |
(1,200) |
(19,859) |
| Restricted funds |
119,886 |
16,329 |
(69,591) |
66,624 |
|
98,477 |
19,079 |
(70,791) |
46,765 |
| Summary of funds −prior year |
|
|
|
|
|
Balance at |
|
|
Balance at |
|
1 November |
|
|
31 October |
|
2018 |
Income |
Expenditure |
2019 |
| General funds |
(18,440) |
1,233 |
(4,202) |
(21,409) |
| Restricted funds |
58,657 |
464,080 |
(402,851) |
119,886 |
|
40,217 |
465,313 |
(407,053) |
98,477 |
| Analysis of net assets between funds −cur |
rent period |
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
| Current assets |
(8,803) |
66,624 |
57,821 |
| Creditors due within one year |
(11,056) |
|
(11,056) |
| Total |
(19,859) |
66,624 |
46,765 |
| Analysis of net assets between funds −prio |
r period |
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2019 |
2019 |
2019 |
| Current assets |
(9,803) |
119,886 |
110,083 |
| Creditors due within one year |
(11,606) |
|
(11,606) |
| Total |
(21,409) |
119,886 |
98,477 |