2021-03-31-accounts

							PAGE
Trustees'	annual report		(incorporating	the	director's report)
Independent examiner's			report to the	trustees
Statement	offinancial		activities (including		income and expenditure	account)
Statement	offinancial		position				10
Notes to	the financial	statements

unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	unaudited financial statements ofthe charity for the peri	od ended 31March 2	021.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered		charity name		Calderdale	Music	Trust Limited
Charity registration			number	1154343
Company	registration		number	08597862
Principal	office and registered			The Old Magistrates			Court
office				Blackwall
				Halifax
				West Yorkshire
				HX12DL
The trustees				DJHeywood		CMT Principal
				CWightman		Primary School
						Headteacher
				PN Brennan		Education Consultant		Retired 25	Nov 2020
				PReynoldson		Rochdale Music Service
				SWild
				SP Jones
				RKelly
				SRLone
				AJSapey
				JBrook				Appointed	13Sept 2021
				ELandale				Appointed	13Jan 2021
Independent		examiner		EA Short FCA
				Equitable House
				55Pelion Lane
				Halifax
				West Yorkshire
				HX1 5SP
Bank				Lloyds Bank
				Commercial	Street
				Halifax
				HX1 IBB
Solicitor				Wilkinson Woodward
				11Fountain	Street
				Halifax
				HX1 1LU

								Year to
					Period from	1Aug 20to	31Mar 21	31Jul 20
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	8
Income and	endowments
Donations and legacies				5	12,503	232,861	245@64	357,671
Charitable activities				6	125,095		125,095	228,655
Total income					137,598	232,861	370,459	586,326
Expenditure
Expenditure	on charitable		activities	7,8	119,504	236,804	356408	595,976
Total expenditure					119,504	236,804	356408	595,976
Net income/(expenditure)			and net
movement	in funds				18,094	(3,943)	14,151	(9,650)
ReconciTiation offunds
Total funds	brought	forward			712,674	115,343	828,017	837,666
Total funds	carried	forward			730,768	111,400	842,168	828,017

over the u	seful economic life	ofthat asset as follows:
Fixtures,	fittings and	25%reducing balance
equipment
Musical instruments		15years
Computer	equipment	25%straight line

DONATION	S AND LEGACIES
				Period from
		Unrestricted	Restricted	1Aug 20to
		Funds	Funds	31Mar 21
GRANTS
Grants receivable			232,861	232,861
Government	grant income	12,503		12,503
		12,503	232,861	245,364
		Unrestricted	Restricted	Year to 31
		Funds	Funds	Jul 2020
GRANTS
Grants receivable			348,339	348,339
Government	grant income	9,332		9,332
		9,332	348,339	357,671

CHARITABLE ACTIVITIES
		Period from
	Unrestricted	1Aug 20to	Unrestricted	Year to 31
	Funds	31Mar 21	Funds	Jul 2020
			8
School teaching income	62,763	62,763	92,387	92,387
Pupil Tuition	48,147	48,147	125,738	125,738
Concerts			74	74
Other income	8,185	8,185	455	455
Rock School &Virtual School	6,000	6,000	5,750	5,750
Room hire			4,251	4,251
	125,095	125,095	228,655	228,655

EXPENDITURE ON CHARITAB	LE ACTIVITIES BYFUND TY	PE
			Period from
	Unrestricted	Restricted	1Aug 20to
	Funds	Funds	31Mar 21
	6		g
Pupil tuition	10,977	64,289	75/66
Music centres	1,568	9,185	10,753
School teaching	13,589	79,595	93,184
Support costs	93,370	83,735	177,104
	119„504	236,804	356807
	Unrestricted	Restricted	Year to 31
	Funds	Funds	Jul 2020
		f,
Pupil tuition	49,255	121,409	170,665
Music centres	7,036	17,344	24,380
School teaching	60,985	150,317	211,300
Support costs	107,823	81,806	189,631
	225,099	370,876	595,976

EXPENDIT	URE ON CHAR	ITABLE ACTIVITIE	S BYACTIVI	TY TYPE
		Activities		Period from
		undertaken		IAug 20to	Yearto 31
		directly	Support costs	31Mar 21	Jul 2020
			6
Pupil tuition		75,266	70,884	146,383	248,118
Music centres		10,753	10,126	20,646	35,446
School teaching		93,184	87,759	1$0,943	307,193
Governance	costs		8,336	8/36	5/19
		179,203	177,105	356@08	595,976

on the activiti	es.	The prop	ortions are, 42	%pupils, 6%music	centre an	d. 52%teaching	for schools.
						Period from
				Music	School	1Aug20to	Year to 31
			Pupil tuition	centres	teaching	31Mar 21	Jul 2020
						f,
Staffcosts			28,260	4,037	34,988	67,285	76,667
Premises			21,103	3,015	26,128	50,246	35,831
Communications		and IT	776	111	960	1,847	4,276
Depreciation			5,214	745	6,455	12,414	19,702
Legal and professional
fees			2,793	399	3,457	6,649	6,062
Finance costs			352	50	436	838	1,818
Insurance			1,984	283	2,456	4i723	5,716
Travelling			69	10	86	165	2,893
Postage and	stationery		370	53	458	$$1	2,074
Advertising			1,877	268	2,324	4)469	5,048
Computer and		sofhvare	2,187	312	2,707	5i206	14,271
Miscellaneous		expenses	748	107	927	1,782	1,029
Tramlng costs			1,688	241	2,090	4,019	2,163
Subscriptions			3,406	487	4,217	8,110	6,595
Repairs and	renewals		57	8	70	135	269
			70,884	10,126	87,759	168,769	184,414
Governance	costs		3,501	500	4,335	8,336	5,217
			74,385	10,626	92,094	177,105	189,631
NET INCOME/(EKPENDITURE)
Net income/(expenditure)			is stated after	charging/(crediting):
						31Mar 21	31Jul 20
						f,
Depreciation	oftangible		fixed assets			12,414	19,702

			Period from
			1Aug20to	Year to
			31Mar 21	31Jiil 20
				5
Fees payable	to the independent	examiner for:
Independent	examination ofthe	financial statements	3,000	2,950
Other financial services			2436	2467
			5436	5,217

					Period from	Period from
					1Aug 20to		Year to
						31Mar 21	31Jul 20
						5,	8
Wages and salaries						195365	210,724
Social security costs						15,901	17,438
Employer contributions		topension plans				14,757	22,391
Bought in tutors						7,964	184,885
Exgratia payment							35,000
						233,987	470,438
The average head count		ofemployees		during	the period was 14(2020:8).The average number of
full-time equivalent	employees		during	the period is analysed as follows:
						31Mar21	31Jul20
						No.	No.
Management and administration						4	4
Music leaders						8	4
						12	8
The number ofemployees whose remuneration					forthe period fell within	the following bands, were:
						31Mar21	31Jul20
						No.	No.
860,000to669,999							1

TANGIBLE	FIXEDAS	SETS
		Short
		leasehold	Fixtures dc	Musical
		improvements	ettings	instruments	Computers	Total
		6	6		6
Cost
At 1August 2020			58,970	218,351	7,120	284,441
Additions		32,628		6,933	6,801	46@62
At31March	2021	32,628	58,970	225,284	13,921	330,803
Depreciation
At 1August 2020			47,839	79,260	4,555	131,654
Charge for the period			1,856	9,972	586	12,414
At 31March	2021		49,695	89,232	5,141	144,068
Carrying amount
At31March	2021	32,628	9,275	136,052	8,780	186,735
At 31July 2020			11,131	139,091	2,565	152,787
DEBTORS
					31Mar 21	31Jul 20
					8
Trade debtors					10,980	7,957
Prepayments	and accrued	income			10/17	10,195
					21,197	18,152

CREDITORS: amounts	falling due within one year
		31Mar 21	31Jul 20
		g
Trade creditors		55,864	3,411
Accruals and deferred income		7,479	63,719
Social security and other	taxes	7439	2,281
Other creditors		2,504	25,122
		73,186	94,533
DEFERRED INCOME
		31Mar 21	31Jul 20
At 1Aug 20		57,164	55,669
Amount released to income		(57,164)	(55,669)
Amount deferred in period			57,164
At 31Mar 21			57,164

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
						6
	Tangible fixed assets				80,846	105,889	186,735
	Current assets				723,108	5,511	728,619
	Creditors	less than 1year			(73,186)		(73,186)
	Net assets				730,768	111,400	845,1'68
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					6	6	6
	Tangible fixed assets				37,444	115,343	152,787
	Current assets				769,763		769,763
	Creditors	less than 1year			(94,533)		(94,533)
	Net assets				712,674	115,343	828,017
22.	OPERATING LEASECOMMITMENTS
	The total future minimum		lease payments	under	non-cancellable operating leases are as follows:
						31Mar 21	31Jul 20
						8	6
	Not later than 1year					29,250
	Later than	1year and not	later than 5years			234,000
						263,250