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|---|---|---|---|
|Trustees'<br>report|||1-2|
|Statement oftrustees'||responsibilities||
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||7-15|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
|||Notes|||||||
|Income from:|||||||||
|Donations<br>and|gifts||39,945|69,162|109,107|131,830|152,500|284,330|
|Fundraising|||195,333||195,333|83,162||83,162|
|Total income|||235,278|69,162|304,440|214,992|152,500|367,492|
|Ex ni<br>r|n:||||||||
|Raising funds|||160,992||160,992|67,820||67,820|
|Charitable<br>activities||6|191,934||191,934|44,136|99,800|143,936|
|Other||10|2,980||2,980|122||122|
|Total expenditure|||355,906||355,906|112,078|99,800|211,878|
|Net (expenditure)/income|||||||||
|for the year/|||||||||
|Net movement|in funds||(120,628)|69,162|(51,466)|102,914|52,700|155,614|
|Fund balances|at 1 January||||||||
|2022|||125,178|80,862|206,040|22,264|28,162|50,426|
|Fund balances|at 31||||||||
|December 2022|||4,550|150,024|154,574|125,178|80,862|206,040|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|f||||
|Fixed assets||||||||
|Tangible assets|||12||841||167|
|Current assets||||||||
|Debtors|||13|37,658||195,061||
|Cash at bank and in||hand||144,759||44,319||
|||||182,417||239,380||
|Creditors:|amounts|falling due within||||||
|one year|||15|(5,692)||(10,010)||
|Net current|assets||||176,725||229,370|
|Total assets less current liabilities|||||177,566||229,537|
|Creditors:|amounts|falling due after||||||
|more than|one year||16||(22,992)||(23,497)|
|Net assets|||||154,574||206,040|
|Income funds||||||||
|Restricted|funds||||150,024||80,862|
|Unrestricted|funds||||4,550||125,178|
||||||154,574||206,040|





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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2022|2022|2022|2021|2021|2021|
||||||F|F|F|
|Donations|and gifts|39,945|69,162|109,107|120,284|152,500|272,784|
|Government|grant|||||||
|income|||||11,546||11,546|
|||39,945|69,162|109,107|131,830|152,500|284,330|
|Donations|and gifts|||||||
|Other||39,945|69,162|109,107|120,284|152,500|272,784|
|||39,945|69,162|109,107|120,284|152,500|272,784|



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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2022|2021|
|195,333|83,162|





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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
||||||F|
|Fundraisin|and|ublicit||||
|Other fundraising||costs||117,541|35,638|
|Staff costs||||32,303|29,797|
|Support costs||||11,148|2,385|
|Fundraising|and publicity|||160,992|67,820|
|||||160,992|67,820|
|Charitable|activities|||||
|||||Program|Program|
|||||2022|2021|
|Staff costs||||32,303|29,797|
|School construction||||147,351|99,800|
|Scholarships|||||3,150|
|||||179,654|132,747|
|Share ofsupport costs (see note 7)||||3,914|3,158|
|Share ofgovernance|||costs (see note 7)|8,366|8,031|
|||||191,934|143,936|
|Analysis<br>by fund||||||
|Unrestricted|funds|||191,934|44,136|
|Restricted|funds||||99,800|
|For the year ended|||31 December 2021|||
|Unrestricted|funds|||44,136||
|Restricted|funds|||99,800||
|||||143,936||



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|Support costs|||||
|---|---|---|---|---|
||Support|Governance|2022|2021|
||costs|costs|||
|Depreciation|588||588|386|
|Bridges for Music (SA) overheads|31||31||
|Travelling|11,148||11,148|2,365|
|Website provider|1,608||1,608|1,432|
|Online marketing|869||869|812|
|Bank and other charges|818||818|548|
|Accountancy||2,448|2,448|2,448|
|Bookkeeping||5,918|5,918|5,583|
||15,062|8,366|23,428|13,574|
|Analysed<br>between|||||
|Fundraising|11,148||11,148|2,385|
|Charitable<br>activities|3,914|8,366|12,280|11,189|
||15,062|8,366|23,428|13,574|



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|Employees||(Continued)|
|---|---|---|
|Employment<br>costs|2022|2021|
|Wages and salaries|56,400|52,282|
|Social security costs|6,886|5,996|
|Other pension costs|1,320|1,316|
||64,606|59,594|



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|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2022|2021|
||||F|
|Financing|costs|2,980|122|
|||2,980|122|



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|Tangible fixed assets|||
|---|---|---|
|||Computers|
|Cost|||
|At 1 January 2022||1,158|
|Additions||1,262|
|At 31 December 2022||2,420|
|Depreciation<br>and impairment|||
|At 1 January 2022||991|
|Depreciation<br>charged|in the year|588|
|At 31 December 2022||1,579|
|Carrying<br>amount|||
|At 31 December 2022||841|
|At 31 December 2021||167|





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|13|Debtors||||
|---|---|---|---|---|
||||2022|2021|
||Amounts|falling due within one year:|||
||Trade debtors||37,658|195,061|
|14|Loans and overdrafts||||
||||2022|2021|
||Directors'|loans|22,992|23,497|
||Payable|after one year|22,992|23,497|



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|Creditors: amounts<br>f|alling due within one year|||
|---|---|---|---|
|||2022|2021|
|Other taxation and social security||1,730|3,000|
|Trade creditors||311|3,285|
|Other creditors||3,651|3,648|
|Accruals and deferred|income||77|
|||5,692|10,010|



|16|Creditors:|amounts|falling|due|after|more|than|one|year|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
||Borrowings|||||||||22,992|23,497|





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|||||Movement|in funds|||Movement||
|---|---|---|---|---|---|---|---|---|---|
|||||||||in funds||
|||Balance at||Incoming|Resources|Balance at||Incoming|Balance at|
|||1 January<br>2021||resources|expendedi|January|2022|resources|31 December|
||||||||||2022|
||Pioneer DJ Studio||23,750|92,500|(39,800)|76,450||56,500|132,950|
||Scholarships||4,412|30,000|(30,000)||4,412|12,662|17,074|
||Defected Records|||||||||
||Equipment|||12,000|(12,000)|||||
||Defected Records|||||||||
||Education|||18,000|(18,000)|||||
||||28,162|152,500|(99,800)|80,862||69,162|150,024|
|18|Analysis of net assets|between|funds|||||||
|||Unrestricted||Restricted|Total Unrestricted|||Restricted|Total|
||||funds|funds||funds||funds||
||||2022|2022|2022||2021|2021|2021|
||||||||||F|
||Fund balances at 31|||||||||
||December 2022 are|||||||||
||represented<br>by:|||||||||
||Tangible assets||841||841||167||167|
||Current<br>assets/(liabilities)||26,701|150,024|176,725|148,508||80,862|229,370|
||Long term liabilities||(22,992)|-|(22,992)|(23,497)||-|(23,497)|
||||4,550|150,024|154,574|125,178||80,862|206,040|



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|||2022|2021|
|---|---|---|---|
|Aggregate|compensation|64,605|59,594|