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