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|---|---|---|---|
|Trustees'<br>report||||
|Statement oftrustees'||responsibilities||
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||8-16|





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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
|Notes|2021<br>F|2021<br>F||2020f|2020<br>F|2020|
|Income from:|||||||
|Donations<br>and gifts|131,830|152,500|284,330|64,743|57,412|122,155|
|Fundraising|83,162||83,162|100,239||100,239|
|Total income|214,992|152,500|367,492|164,982|57,412|222,394|
|Ex enditure on:|||||||
|Raising funds|67,820||67,820|82,123||82,123|
|Charitable<br>activities|44,136|99,800|143,936|31,231|29,250|60,481|
|Other<br>10|122||122|194||194|
|Total expenditure|112,078|99,800|211,878|113,548|29,250|142,798|
|Net income for the year/|||||||
|Net movement<br>in funds|102,914|52,700|155,614|51,434|28,162|79,596|
|Fund balances at 1 January|||||||
|2021|22,264|28,162|50,426|(29,170)||(29,170)|
|Fund balances at 31|||||||
|December 2021|125,178|80,862|206,040|22,264|28,162|50,426|





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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|f||||
|Fixed assets||||||||
|Tangible assets|||12||167||554|
|Current assets||||||||
|Debtors|||13|195,061||24,000||
|Cash at bank and in||hand||44,319||66,942||
|||||239,380||90,942||
|Creditors:|amounts|falling due within||||||
|one year|||15|(10,010)||(7,573)||
|Net current|assets||||229,370||83,369|
|Total assets less current liabilities|||||229,537||83,923|
|Creditors:|amounts|falling due after||||||
|more than|one year||16||(23,497)||(33,497)|
|Net assets|||||206,040||50,426|
|Income funds||||||||
|Restricted|funds||||80,862||28,162|
|Unrestricted|funds||||125,178||22,264|
||||||206,040||50,426|





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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
||||||F|F|F|
|Donations|and gifts|120,284|152,500|272,784|44,974|57,412|102,386|
|Government|grant|||||||
|income||11,546||11,546|19,769||19,769|
|||131,830|152,500|284,330|64,743|57,412|122,155|
|Donations|and gifts|||||||
|Other||120,284|152,500|272,784|44,974|57,412|102,386|
|||120,284|152,500|272,784|44,974|57,412|102,386|



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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2021|2020|
||F|
|83,162|100,239|





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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2020|
||||||F|
|Fundraisin|and|ublicit||||
|Other fundraising||costs||35,638|52,240|
|Staff costs||||29,797|23,788|
|Support costs||||2,385|6,095|
|Fundraising|and publicity|||67,820|82,123|
|||||67,820|82,123|
|Charitable|activities|||||
|||||Program|Program|
|||||2021|2020|
|Staff costs||||29,797|23,787|
|School construction||||99,800|29,250|
|Scholarships||||3,150|629|
|||||132,747|53,666|
|Share ofsupport costs (see note 7)||||3,158|2,340|
|Share ofgovernance|||costs (see note 7)|8,031|4,475|
|||||143,936|60,481|
|Analysis<br>by fund||||||
|Unrestricted|funds|||44,136|31,231|
|Restricted|funds|||99,800|29,250|
|||||143,936|60,481|
|For the year ended|||31 December 2020|||
|Unrestricted|funds|||31,231||
|Restricted|funds|||29,250||
|||||60,481||



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|Support costs|||||
|---|---|---|---|---|
||Support|Governance|2021|2020|
||costs|costs|||
|Depreciation|386||386|382|
|Bridges for Music (SA) overheads||||9|
|Travelling|2,365||2,365|817|
|Website provider|1,432||1,432|1,069|
|Online marketing|812||812|809|
|Bank and other charges|548||548|874|
|Accountancy||2,448|2,448|2,448|
|Legal and professional||||1,235|
|Bookkeeping||5,583|5,583|5,267|
||5,543|8,031|13,574|12,910|
|Analysed<br>between|||||
|Fundraising|2,385||2,385|6,095|
|Charitable<br>activities|3,158|8,031|11,189|6,815|
||5,543|8,031|13,574|12,910|



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|2021|2020|
|---|---|
|Number|Number|





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|Employees||(Continued)|
|---|---|---|
|Employment<br>costs|2021|2020|
|Wages and salaries|52,282|41,926|
|Social security costs|5,996|4,579|
|Other pension costs|1,316|1,070|
||59,594|47,575|



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|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2021|2020|
||||F|
|Financing|costs|122|194|
|||122|194|



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|Tangible fixed assets|||
|---|---|---|
|||Computers|
|Cost|||
|At 1 January 2021||1,158|
|At 31 December 2021||1,158|
|Depreciation<br>and impairment|||
|At 1 January 2021||605|
|Depreciation<br>charged|in the year|386|
|At 31 December 2021||991|
|Carrying<br>amount|||
|At 31 December 2021||167|
|At 31 December 2020||554|





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|13|Debtors||||
|---|---|---|---|---|
||||2021|2020|
||Amounts|falling due within one year:|||
||Trade debtors||195,061|24,000|
|14|Loans and overdrafts||||
||||2021|2020|
||Directors'|loans|23,497|33,497|
||Payable|after one year|23,497|33,497|



|Creditors: amounts<br>f|alling due within one year|||
|---|---|---|---|
|||2021|2020|
|Other taxation and social security||3,000|2,893|
|Trade creditors||3,285|2,408|
|Other creditors||3,648|2,195|
|Accruals and deferred|income|77|77|
|||10,010|7,573|



|Creditors: amounts<br>falling due after more than|one year||
|---|---|---|
||2021|2020|
|Borrowings|23,497|33,497|





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|||||Movement|Movement|in funds|in funds|||Movement|in funds||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Incoming|Resources||Balance at||Incoming|Resources|Balance at|
||||||resources|expended1||January|2021|resources|expended|31 December|
|||||||||||||2021|
||Pioneer DJ Studio||||38,000||(14,250)|23,750||92,500|(39,800)|76,450|
||Scholarships||||19,412||(15,000)||4,412|30,000|(30,000)|4,412|
||Defected Records||||||||||||
||Equipment|||||||||12,000|(12,000)||
||Defected Records||||||||||||
||Education|||||||||18,000|(18,000)||
||||||57,412||(29,250)|28,162||152,500|(99,800)|80,862|
|18|Analysis of net|assets between|||funds||||||||
|||||Unrestricted||Restricted||Total||Unrestricted|Restricted|Total|
||||||funds||funds|||funds|funds||
||||||2021||2021|2021||2020|2020|2020|
|||||||||||F||F|
||Fund balances at 31||||||||||||
||December 2021|are|||||||||||
||represented<br>by:||||||||||||
||Tangible assets||||167||||167|554||554|
||Current<br>assets/(liabilities)|||148,508||80,862||229,370||55,207|28,162|83,369|
||Long term liabilities||||(23,497)|||(23,497)||(33,497)|-|(33,497)|
|||||125,178||80,862||206,040||22,264|28,162|50,426|
|19|Related party transactions||||||||||||
||Remuneration|of|key management<br>personnel||||||||||
||The remuneration||of key management<br>personnel||||is as follows.||||||
||||||||||||2021|2020|
|||||||||||||F|
||Aggregate<br>comp|en|sation||||||||59,594|47,575|