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