2021-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 3
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	Bto18

			and Los	ses)
					Total	Total
				Unrestricted	2021	2020
			Note
Income and Endowments		from:
Donations and legacies				68,835	68,835	51,560
Charitable activities				1,823	],823	7,828
Other trading activities				107,555	107,555	21,588
Total Income				178,213	178,213	80,976
Expenditure on:
Raising funds				(12,114)	(12,114)	(6,892)
Charitable activities				(162,077)	(162,077)	(52,078)
Total Expenditure				(174,191)	(174,191)	(58,970)
Net income				4,022	4,022	22,006
Net movement in funds				4,022	4,022	22,006
Reconciliation offunds
Total funds brought	forward			38,693	38,693	16,687
Total funds carried	forward		19		42,776	38,693

		Balanc	e Sheet as at 3	1December 20	21
					2021	2020
				Note
Fixed assets
Tangible assets				14	1,279	2,827
Current assets
Stocks				15	1,718
Debtors				16	660
Cash at bank	and in hand				48,888	41,086
					51,266	41,086
Creditors: Amounts		falling due within	one year	17	(9,830)	(5,220)
Net current	assets				41,436	35,866
Net assets					42,715	38,693
Funds ofthe	Charity:
Unrestricted	income	funds
Unrestricted	funds				42,715	38,693
Total funds				19	42,715	38,693

Depreciation and amorti	sation
Depreciation is provided	on tangible	fixed assets so as to write off the cost or	valuation,	less any estimated
residual value, over their	expected useful economic life as follows:
Asset class		Depreciation	method	and rate
Plant and machinery		20%straight	line basis
Office equipment		20%straight	line basis

3 Incom	e f	rom	donations and legacies
				Unrestricted
				funds	Total	Total
				General	2021	2020
Donations	and legacies;
Donations		from	individuals	8,227	8,227	18,500
Gift aid	reclaimed			12,665	12,665	6,060
Grants, including			capital grants;
Government		grants		47,943	47,943	27,000
				68,835	68,835	51,560

			Unrestricted
			funds	Total
			General	2021
Orchestra	tax	relief	1,823	1,823
			Unrestricted
			funds	Total
			General	2020
Orchestra	tax	relief	7,828	7,828

		Unrestricted
		funds	Total
		General	2021
Events income;
Other events income		47,103	47,103
Fundraising	events	8,508	8,508
Sponsorship	income	10,294	10,294
Friends of	SMF	41,650	41,650
		107,555	107,555

		Unrestricted
		funds	Total
		General	2020
Fundraising	events	3,500	3,500
Sponsorship	income	13,488	13,488
Friends of	SMF	4,600	4,600
		21,588	21,588

a) Costs of	trading activities
		Unrestricted
			Total	Total
		General	2021	2020
Fundraising	trading costs;
Fundraising		10,332	10,332	6,892
Costs ofgoods sold		1,782	1,782
		12,114	12,114	6,892

		Unrestricted
		funds	Total
		General	202l
Music hire and purchase	and PRS	3,412	3,412
Musicians		60,772	60,772
Hospitality and catering		15,327	15,327
Boxoffice charges		3,912	3,912
Venue expenditure		15,062	15,062
Insurance		3,234	3,234
Printing, postage and stationery		1,145	1,145
Piano hire and tuning		5,642	5,642
Miscellaneous expenses		26,716	26,716
Accommodation		1,157	1,157
Marketing and PR		10,038	10,038
Programme expenditure		6,887	6,887
Video, audio and photography		1,168	1,168
Subscriptions		400	400
Depreciation ofoffice equipment		599	599
Depreciation ofplant and	machinery	1,254	1,254
		156,725	156,725
		Unrestricted
		funds	Total
		General	2020
Musicians		7,259	7,259
Boxoffice charges		604	604
Venue expenditure		8,855	8,855
Insurance		1,599	1,599
Printing, postage and stationery		537	537
Miscellaneous expenses		12,484	12,484
Marketing and PR		11,340	11,340
Video, audio and photography		971	971
Subscriptions		350	350
Depreciation ofoffice equipment		498	498
Depreciation ofplant and	machinery	1,855	1,855
		46,352	46,352

Governance	costs
						Unrestricted
										Total			Total
							General			2021			2020
Independent	examiner fees
Examination ofthe financial				statements				660			660		648
Other fees	paid to examiners							630				630	900
Trustees remuneration and expenses								62				62	178
Bookkeeping							4,000				4,000		4,000
							5,352				5,352		5,726
9 Net incoming/outgoing		resources
Net incoming	resources for the			year include:
										2021			2020
Depreciation	offixed assets										1,853		2,353)
10 Trustees	remuneration	and expenses
During the year the Charity made the following					transactions	with trustees:
Mr Marcus	Farnsworth
XNil (2020:	f83)ofexpenses		were reimbursed		to Mr Marcus		Farnsworth		during	the year.
Mr James Campbell
fNil (2020:	f41)ofexpenses		were reimbursed		to Mr James	Campbell		during the year.
Mr Thomas	Du Plessis
f62 (2020: KNil) ofexpenses			were reimbursed		to Mr Thomas		Du Plessis during			the year.
Mr Kenneth	David Buchanan			Ogilvie
XNil (2020:	f54)ofexpenses		were reimbursed		to Mr Kenneth		David	Buchanan		Ogilvie	during		the year.
No trustees	have received any			other benefits from the charity			during the year.

11 Staffcosts
The aggregate	payroll costs were as follows:
Staffcosts during the year were:		2021 K	2020 K
Wages and salaries		30,042	2,000
Social security	costs	1,321
Pension costs		429
		31,792	2,009

12 1ndependent examiner's	remuneration
		2021		2020
Examination ofthe financial	statements		660		648
Other fees to examiners
All other tax advisory services			300		540
All other services			330		360
			630		900

14 Tangible fix	ed assets
			Furniture	and
			equipment		Total
Cost
At 1 January 2021			10,708		10,708
Additions				305	305
At 31 December	2021		11,013		11,013
Depreciation
At 1 January 2021				7,881	7,881
Charge for the year				1,853	1,853
At 31December	2021			9,734	9„734
Net book value
At 31 December	2021			1,279	1,279
At 31 December	2020			2,827	2,827
15 Stock
					2021
Stocks					1,718
16 Debtors
					2021
					660
Prepayments
17 Creditors:	amounts	falling due within one year
			2021		2020
Trade creditors			3,125		870
Other taxation	and social	security	2,259		266
Other creditors				207	11
Accruals			2,239		1,523
Deferred income			2,000		2,550
			9,830		5,220

	Notes to the Finan	cial Statements for the	Year Ended 31December 2	021
			2021	2020
Deferred	income at l January 2021		2,550	5,975
Resources	deferred in the period		2,000	2,550
Amounts	released from previous	periods	(2,550)	(5,975)
Deferred	income at year end		2,000	2,550

19 Funds
					Balance at 31
	Balance at 1		Incoming	Resources	December
	January	2021	resources	expended	2021
Unrestricted
General		38,693	178,213	(174,191)	42,715

20 Anal	ysis ofnet assets between funds
		Unrestricted	Total funds at
		funds	31 December
		General	2021
Tangible	fixed assets	1,279	l,279
Current	assets	51,266	51,266
Current	liabilities	(9,830)	(9,830)
Total net assets		42,715	42,715