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||||||||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||||||
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|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||||||
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|||||||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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||||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|
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||||||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|
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|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|
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|---|---|---|---|
|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|
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||||||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||
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