2023-03-31-accounts

Trustees Report
Independent Examiners Report
Statement offinancial	activities
Notes to the Financial	Statements

				Restricted/
			Unrestricted	Designated	Total	Total
			Funds	Fuiids
			2023	2023	2023	2022
		Notes	6	E	6	E
Income from:
Donations & Legacies			6,550		6,550	696
Charitable Activities			33,642	56,591	90,233	124,672
Other trading activities						168
Total Income			40,192	56,591	96,783	125,536
Expenditure on:
Chaditable Music Activity			56,751	37,809	94,560	79,368
Net (outgoing)/incoming	resources before
transfers			(16,5S9)	18,782	2,223	46,168
Transfers between funds			30,719	(30,719)
Net (expenditure)/income	for the year/
Net movement in funds			14,160	(11,937)	2,223	46,168
Fund Balances at 1April	2022		51,641	95,708	147,349	101,181
Fund Balances at 31March 2023			65,801	83,771	149,572	147,349

					2023			2022
				Notes	f
Fixed assets
Tangible assets						1,073			1,469
Current Assets
Stocks
Debtors				12	6,841		4,675
Cash at Bank		and in	Hand		143,857		151,691
					150,698		156,201
Creditors: amounts			falling due within
one year				13	(2,199)		(10,316)
Net Current	Assets					148,499			145,885
Total Assets		less current liabilities				149,572			147,354
Income funds
Restricted funds						74,358			86,487
Designated	Funds					9,413			9,226
Unrestricted		funds				65,801			51,641
						149,572			147,354

3	Donations	and legacies
			Unrestricted	Restricted	Total	Total
			Funds	Funds
			2023	2023	2023	2022
			f	f	f	f
	Donations	and Gifts	6,550		6,550	696
	Forthe year ended 31March 2022		6,550			6,550

Grants
Workshop		Fees
Commission		Fees
Analysis by		Fund
Unrestricted		Funds
Restricted	Funds

	Charitable		Charitable
Music	Activities	Music	Activities
	2023		2022
	f		f
	64,717		99,170
	5,266		5,692
	20,250		19,810
	90,233		124,672
	33,642		41,157
	56,591		83,515
	90,233		124,672

Other trading	activies
		Unrestricted	Restricted	Total	Total
		Funds	Funds
		' 2023	2023	2023	2022
		f	f	f	f
Merchandise	sales
Event catering and bar
Ticket sales					168
					168
Forthe year	ended 31March 2022				168

			Charitable	Charitable
			Music Activities	Music Activities
			2023	2022
Staff Remuneration		and pensions	40,905	38,555
Consultants			1,241	1,395
Training and CPD			400
Business development
Music leaders			38,056	30,065
Performance expenses			1,777	910
Event staff and technical support			745
Trainee expenses
Trainers and mentors
Equipment expensed
Equipment hire			948	321
Merchandise costs
Travel expenses			1,372	576
Venue expenses			2,579	1,779
Other charitable	expenditure
			88,023	73,601
Share ofsupport	costs (see note 5)		3,504	3,708
Share ofgovernance		costs (see note 5)	3,033	2,059
			94,560	79,368
Analysis by fund
Unrestricted funds			56,751	45,384
Restricted funds			37,809	12,749
			94,560	58,133

Support Costs
		Support	Governance	Total	Total
		Costs	Costs
		2023	2023	2023	2022
		f	f	f	f
Depreciation		396		396	859
Office space
Sundry expenses		446		446	96
Insurance		602		602	594
Advertising and	marketing	1,956		1,956	2,087
Website costs		104		104	72
Accountancy
Accounts support			780	780	169
Administration	expenses		2,253	2,253	1,890
		3,504	3,033	6,537	5,767
Analysed between
Charitable activities		3,504	3,033	6,537	5,767

		2023	2022
		Number	Number
The average number ofemployees	during the year was:
Employment Costs		2023	2022
		f	f
Wages and Salaries		37,337	37,888
Social Security Costs		2,893
Pension Contributions		675	667
		40,905	38,555

Cost
atl April 2022
Additions
at 31March	2023
Depreciation	and impairment
at 1April 2022
Depreciation	charged	in the year
at31March	2023
Carrying amount
at31March	2023
at31March	2022

11	Financial	Instruments
	Carrying	amount offinancial		assets
	Carrying	amount of	financial	liabilites
12	Debtors
	Amounts	falling due	within one year
	Other Debtors
13	Creditors
	Amounts	falling due	within one year
	Trade Creditors
	Accruals	and deferred	income

			Balance at 1April 2022	Incoming Resources	Resources Expended	Transfers	Balance at 31March 2023
			6		6	6	6
Restricted funds
Youth Music			66,125	45,221	(26,602)	(18,000)	66,744
Social Inclusion			1,080		(104)	(976)
Music Futures				385	(997)	612
Young Creatves			5,113		(997)	(4,793)	(677)
Axminster Primary	School		4,672	3,690	(3,188)	(2,080)	3,094
Dorset Performance	Fund		9,492	1,165	(5,175)	(5,482)
Dorset Community Foundation		(¹iwill)		6,130	(10)		6,120
Designated funds
Opportunity development			6,352		(45)		6,307
Performance development			2,874		(691)		2,183
			95,708	56,591	(37,809)	(30,719)	83,771

					Unrestricted	Restricted/ Designated	Total	Total
					2023	2023	2023	2022
					f	f	f
15	Analysis ofnet assets between		funds
	Fund balances at31March	2023 are represented		by:
	Tangible Assets Current assets net ofcurrent	liabilities			1,073 64,728	83,711	1,073 148,439	1,469 146,050
					65,801	83,711	149,512	147,519