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2022-10-31-accounts
|
Page |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Trustees' Report |
2 −4 |
| Independent Examiner's Report |
5 |
| Statement of Financial Activities |
6 |
| Balance Sheet |
7 |
| Notes to the Financial Statements |
8 −18 |
| 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 |
Coutts &Co |
|
440 Strand |
|
London |
|
WC2R OQS |
| Solicitors |
Fosters LLP |
|
31 Hill Street |
|
London |
|
W1J 5LS |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
Note |
£ |
£ |
£ |
r |
| Income from: |
|
|
|
|
|
| Donations and legacies |
3 |
6,971 |
56,112 |
63,083 |
161,409 |
| Other income |
4 |
1,930 |
|
1,930 |
6,278 |
| Total income |
|
8,901 |
56,112 |
65,013 |
/67,687 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
6 |
2,604 |
28,905 |
31,509 |
183,021 |
| Total expenditure |
|
2,604 |
28,905 |
31,509 |
183,021 |
| Net income/(expenditure) |
|
6,297 |
27,207 |
33,504 |
(15,334) |
| Transfers between funds |
12 |
(6,660) |
6,660 |
|
|
| Net movement in funds |
|
(363) |
33,867 |
33,504 |
(15,334) |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
(2,743) |
34,174 |
31,431 |
46,765 |
| Net movement in funds |
|
(363) |
33,867 |
33,504 |
(15,334) |
| Total funds carried forward |
|
(3,106) |
68,041 |
64,935 |
31,431 |
|
|
|
2022 |
|
2021 |
|
Note |
|
E |
|
|
| Current assets |
|
|
|
|
|
| Cash at bank and in hand |
|
69,189 |
|
35,381 |
|
|
|
69,189 |
|
35,381 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
10 |
(4,254) |
|
(3,950) |
|
| Net current assets |
|
|
64,935 |
|
31,431 |
| Total net assets |
|
|
64,935 |
|
31,431 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
12 |
|
68,041 |
|
34,174 |
| Unrestricted funds |
12 |
|
(3,106) |
|
(2,743) |
| Total funds |
|
|
64,935 |
|
31,431 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
£ |
|
Donations |
5,846 |
56,062 |
61,908 |
140,345 |
|
Grants |
|
|
|
2,000 |
|
Similar incoming resources |
1,125 |
50 |
1,175 |
19,064 |
|
Total 2022 |
6,971 |
56,112 |
63,083 |
161,409 |
|
Total 2021 |
|
161,409 |
161,409 |
|
| 4. |
Other incoming resources |
|
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
|
funds |
funds |
funds |
|
|
|
2022 |
2022 |
2021 |
|
|
|
£ |
£ |
£ |
|
Other incoming resources |
|
1,930 |
1,930 |
6,278 |
|
Total 2021 |
|
6,278 |
6,278 |
|
| 5. |
Analysis−of grants |
|
|
|
|
|
|
|
Grants to |
Total |
Total |
|
|
|
Institutions |
funds |
funds |
|
|
|
2022 |
2022 |
2021 |
|
|
|
£ |
£ |
£ |
|
Grants, Developing and supporting charitable projects |
|
28,905 |
28,905 |
175,787 |
|
Total 2021 |
|
175,787 |
175,787 |
|
| The Company has made the following material grants to ins |
titutions during the year: |
|
|
2022 |
2021 |
| Name of institution |
|
|
| The Bergen Philharmonic Orchestra |
4,500 |
|
| Sporting Partnerships Foundation |
6,678 |
|
| Alex Wardle Foundation |
2,867 |
|
| Opera Ventures |
7,100 |
2,484 |
| Berahino Funds |
|
10,000 |
| Breast Cancer |
|
6,000 |
| Rugby Against Cancer |
|
6,225 |
| Sinfonia of London |
7,760 |
151,078 |
|
28,905 |
/75,787 |
|
Unrestricted |
Restricted |
|
|
|
funds |
funds |
Total |
Total |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Grant making to institutions |
|
28,905 |
28,905 |
175,787 |
Support
−costs |
2,604 |
|
2,604 |
7,234 |
| Total 2022 |
2,604 |
28,905 |
31,509 |
183,021 |
| Total 2021 |
(1,609) |
184,630 |
183,021 |
|
|
|
|
Grant |
|
|
|
|
|
|
funding of |
Support |
Total |
Total |
|
|
|
activities |
costs |
funds |
funds |
|
|
|
2022 |
2022 |
2022 |
2021 |
|
|
|
£ |
£ |
£ |
r |
|
Developing and supporting charitable projects |
|
28,905 |
|
28,905 |
175,787 |
|
Support costs |
|
|
2,604 |
2,604 |
7,234 |
|
Total 2022 |
|
28,905 |
2,604 |
31,509 |
183,021 |
|
Total 2021 |
|
175,787 |
7,234 |
183,021 |
|
|
Analysis of support costs |
|
|
|
|
|
|
|
|
|
Developing |
|
|
|
|
|
|
and |
|
|
|
|
|
|
supporting |
|
|
|
|
|
|
charitable |
Total |
Total |
|
|
|
|
projects |
funds |
funds |
|
|
|
|
2022 |
2022 |
2021 |
|
Advertising and website development |
|
|
|
|
200 |
|
Travel and subsistence costs |
|
|
|
|
528 |
|
Other costs |
|
|
|
|
(1,072) |
|
Transaction fees |
|
|
|
|
5,778 |
|
Governance costs |
_ |
|
2,604 |
2,604 |
1,800 |
|
|
|
|
2,604 |
2,604 |
7,234 |
|
Total 2021 |
|
|
7,234 |
7,234 |
|
| 8. |
Independent examiner's remuneration |
|
|
|
|
|
|
|
|
|
|
2022 |
2021 |
|
Fees payable to the |
Company's independent examiner for the |
|
independent |
|
|
|
examination of the Company's annual accounts |
|
|
|
1,020 |
600 |
|
Fees payable to the |
Company's independent examiner in respect of: |
|
|
|
|
|
All other services not included above |
|
|
|
1,584 |
1,200 |
|
2022 |
2021 |
|
£ |
£ |
| Trade creditors |
1,650 |
2,150 |
| Accruals and deferred income |
2,604 |
1,800 |
|
4,254 |
3,950 |
|
|
2022 |
2021 |
|
|
£ |
r |
| **Financial ** |
assets |
|
|
| Financial |
assets measured at fair value through income and expenditure |
69,189 |
35,381 |
|
Balance at 1 |
|
|
|
Balance at |
|
November |
|
|
Transfers |
31 October |
|
2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds |
(2,743) |
8,901 |
(2,604) |
(6,660) |
(3,106) |
| Restricted funds |
|
|
|
|
|
| Restricted Fund |
|
|
|
|
|
|
− |
|
|
|
|
| New Venture Opera Fund |
|
|
|
|
|
| Torbay Culture Development |
|
|
|
|
|
| Fund |
115 |
|
− |
|
115 |
| The Health Anxiety Fund |
1,123 |
|
|
|
1,123 |
| The Saido Berahino Fund |
4,480 |
|
− |
(89) |
4,391 |
| Sporting Partnerships |
|
|
|
|
|
| Foundation Fund |
5,544 |
1,498 |
(6,678) |
898 |
1,262 |
| The Alex Wardle Foundation |
|
|
|
|
|
| Fund |
6,362 |
6,439 |
(2,867) |
|
9,934 |
| The Bergen Philharmonic |
|
|
|
|
|
| Orchestra Fund |
16,550 |
|
(4,500) |
(241) |
11,809 |
| The Rugby Against Cancer |
|
|
|
|
|
| Fund |
|
|
|
|
|
|
− |
|
− |
|
|
| Sinfonia of London Fund |
|
41,075 |
(7,760) |
6,092 |
39,407 |
| The New Opera Venture Fund |
|
7,100 |
(7,100) |
|
|
|
34,174 |
56,112 |
(28,905) |
6,660 |
68,041 |
| Total of funds |
31,431 |
65,013 |
(31,509) |
|
64,935 |
|
Balance at |
|
|
|
Balance at |
|
1 November |
|
|
Transfers |
31 October |
|
2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds |
(19,859) |
6,278 |
1,609 |
9,229 |
(2,743) |
| Restricted funds |
|
|
|
|
|
| Restricted Fund |
9,229 |
51 |
(51) |
(9,229) |
|
| New Venture Opera Fund |
2,500 |
9 |
(2,509) |
|
|
| Torbay Culture Development |
|
|
|
|
|
| Fund |
105 |
10 |
|
− |
115 |
| The Health Anxiety Fund |
|
1,267 |
(144) |
|
1,123 |
| The Saido Berahino Fund |
14,775 |
|
(10,295) |
|
4,480 |
| Sporting Partnerships |
|
|
|
|
|
| Foundation Fund |
5,657 |
|
(113) |
|
5,544 |
| The Alex Wardle Foundation |
|
|
|
|
|
| Fund |
4,970 |
4,322 |
(2,930) |
− |
6,362 |
| The Bergen Philharmonic |
|
|
|
|
|
| Orchestra Fund |
16,888 |
|
(338) |
|
16,550 |
| The Rugby Against Cancer |
|
|
|
|
|
| Fund |
12,500 |
− |
(12,500) |
|
|
| Sinfonia of London Fund |
− |
155,750 |
(155,750) |
− |
|
| The New Opera Venture Fund |
|
|
|
|
|
|
66,624 |
161,409 |
(184,630) |
(9,229) |
34,174 |
| Total of funds |
46,765 |
167,687 |
(183,021) |
|
31,431 |
|
Balance at 1 |
|
|
|
Balance at |
|
November |
|
|
Transfers |
31 October |
|
2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
(2,743) |
8,901 |
(2,604) |
(6,660) |
(3,106) |
| Restricted funds |
34,174 |
56,112 |
(28,905) |
6,660 |
68,041 |
|
31,431 |
65,013 |
(31,509) |
|
64,935 |
| Summary of funds −prior year |
|
|
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 November |
|
|
Transfers |
31 October |
|
2020 |
Income |
Expenditure |
in/out |
2021 |
|
r |
r |
r |
r |
r |
| General funds |
(19,859) |
6,278 |
1,609 |
9,229 |
(2,743) |
| Restricted funds |
66,624 |
161,409 |
(184,630) |
(9,229) |
34,174 |
|
46,765 |
167,687 |
(183,021) |
|
31,431 |
| Analysis of net assets between funds −current year |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
E |
E |
E |
| Current assets |
(3,106) |
72,295 |
69,189 |
| Creditors due within one year |
|
(4,254) |
(4,254) |
| Total |
(3,106) |
68,041 |
64,935 |
| Analysis of net assets between funds −prior year |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
| Current assets |
1,207 |
34,174 |
35,381 |
| Creditors due within one year |
(3,950) |
|
(3,950) |
| Total |
(2,743) |
34,174 |
31,431 |