| Restrirtsd | funds | Unrsslrksed | funds | Tolal funds | Tatal funds {Note | |||
|---|---|---|---|---|---|---|---|---|
| (Note 2) | 8) | |||||||
| Incoming resources | ||||||||
| Incoming resources from generadng funds |
||||||||
| irolunrary income |
||||||||
| DOnations and grants (note 2) |
103.642 | 106,642 | ||||||
| Activides for generaang funds |
||||||||
| Concerts and music workshops | 750 | 22,071 | 14,885 | |||||
| Merchandise | etc | |||||||
| Total incoming resources | ||||||||
| Resources expended | ||||||||
| Costs ot generahng funds |
||||||||
| Charltable Actlvitles | ||||||||
| cancerls and music workshops | 16.043 | 64,792 | 37,196 | |||||
| Other costs (note 3) | 52.254 | 39.525 | ||||||
| Governance | ||||||||
| costs | ||||||||
| Total resources expended | ||||||||
| Net income for year | -16.923 | 8,671 | -8252 | 7.715 | ||||
| Reconcuiadion otfunds |
||||||||
| Total funds brought forward |
8.876 | 8,876 | 1,161 | |||||
| Transfer betwsefl turlds | ||||||||
| Total funds carried torward |
| 1.Accounting policies |
||||
|---|---|---|---|---|
| The prlncipat accounting polldes are summarlsed below. The accounting pollctes have been applied |
consistently throughout |
the | ||
| precetang year. | ||||
| {e)Basisofaccounting | ||||
| The flnmttsal slatemenls have been prepared under the historical cost convention and in accordance |
with the | companies Act 2006 | ||
| the Statement of Recommended practice: Accounting and Reporting by Charities issued in March 2005 and |
the | |||
| Charities SORP (FRS102) | ||||
| unrestricted | ||||
| (b) Fund accounting | ||||
| - fund are available torose at the discretion ot the trustees in furtherance ofthe general |
activities of | the charily. | ||
| - restricted funds are subjected lo restrictions on their expenditure imposed by the donor. |
||||
| A large maiorily of restricted funds istor the schoots and outreach programme and for clarity ot presentation, |
only | these funds are | ||
| induded in the resmcted funds column ol the statement ot Financial Amfvities see note 2for further |
explanation. | |||
| (c}Iricoitthig lesources | ||||
| As incoming rewturces are included in the statemenl of financial actkrities when the chanty isentiued |
lo. and | viriuaay certain | to | |
| receive. the income and the amount can be quarssied with reasonable accuracy. The following policies are applied to particular |
||||
| categories of income: | ||||
| - voluntary income is received by way of grants and donasons and is included in iull in the statemenl |
ot Financial | Activriies | when | |
| receivable | ||||
| - Donated services and facilmes are included at the value to lhe charity where this can be quantified. | The value ofservices | |||
| provided by volunteers has not been induded in these accounts. |
||||
| - incoming resources irom concens. musk workshops and programme advertising are accounted for |
when earned. | |||
| (d) Resources expended | ||||
| Expenditure is recognised on an accrual basis as a liability when incurred. Expenditure includes any |
YAT which cannot be Iwty | |||
| recovered. and is reported as part of the expendrture to which it relates. |
||||
| -Costs of generating funds comprise costs associated with delivering the Festivaf and associated workshops. |
These costs | |||
| indvde those which n be tlo~ d di wlv. pnmtpatly musicians, and those irldlrect costs necessary to support |
them. | |||
| -Governance costs include those costs associated wsh meeting the coitstsulionat and slahrtory requirements |
ofthe chanty. |
| These indude: | 2022 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Restricted | Unreslncted | Total | Total | ||||||
| Artistic Director stee | 4,800 | ||||||||
| Administration | 1,000 | 8.624 | 9,624 | 4,248 | |||||
| Hire of venues | 3.314 | 3.814 | 2.300 | ||||||
| MUslc hire | 7.155 | 7,155 | 2.368 | ||||||
| Piano and harpsichord | hire | 3.977 | 3.977 | 2.592 | |||||
| Printing and publicity | inc websse | 14.677 | 14,777 | 9.949 | |||||
| Filming Bnd editing |
3.030 | 5.059 | 8.089 | 5.092 | |||||
| Toset hire | 708 | ||||||||
| Sound and | 4,389 | 5.734 | |||||||
| lighting | |||||||||
| Other inc | |||||||||
| insurance |
| 7.Credltms | 2021 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| vyormng capital 8dvance to be repaid to | chalrrMrt | 9.507 | 3,000 | ||||||
| Hire ofequipmenl | 2.538 | ||||||||
| Muslcans ior concerts | 1.540 | ||||||||
| Due to venues | |||||||||
| Administration expenses |
|||||||||
| 8.Analysis of restricted and unrestricted | income and expenditure | for 2021 | |||||||
| Reslrided | funds | Unrestricted | funds | Total funds | |||||
| 2021 | 2021 | 2021 | |||||||
| Incoming resources | |||||||||
| Incoming resources from generating | funds | ||||||||
| Voluntary inCOme |
|||||||||
| Donations and grants (note 2) |
4.000 | 65.507 | |||||||
| Activities for generating tunds |
|||||||||
| Concerts and music | workshops | 14.885 | 14.885 | ||||||
| Merchandse | etc | ||||||||
| Total Incoming resources | |||||||||
| Resources expended | |||||||||
| Costs ofgenerating funds |
|||||||||
| Charitable Activities |
|||||||||
| Coooaaa amr m | W | woowhooa | 2.860 | 37.196 | |||||
| Other costs (note | 8,272 | 33.253 | 39.525 | ||||||
| 3) | |||||||||
| Governance | |||||||||
| costs | |||||||||
| Total rrmources enuended | |||||||||
| Net Income for year | -5,132 | 12,847 | 7.715 | ||||||
| Reconcalatlon offunds |
|||||||||
| Total tunds brought forward |
0 | 1.161 | 1.161 | ||||||
| Transfer between funds | |||||||||
| Tourt fullds cafrled toraferd |