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|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|
|Statement|ofcash flows|||||||
|Notes to|the financial|statements|||||12|
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|REFERE|NCE AND ADMINIS|NCE AND ADMINIS|NCE AND ADMINIS|TRATIVE DETAILS|||
|---|---|---|---|---|---|---|
|Registered|charity name|||Calderdale Music Limited|||
|Charity registration|||number|1154343|||
|Company|registration||number|08597862|||
|Principal|oAice and registered|||The Old Courthouse|||
|office||||Blackwall|||
|||||Halifax|||
|||||West Yorkshire|||
|||||HX1 2DL|||
|The Trustees||||C Wightman|||
|||||SWild|||
|||||JBrook|(Appointed|13September 2021)|
|||||PReynoldson|||
|||||SPJones|||
|||||DJHeywood|||
|||||RKelly|||
|||||SRLone|||
|||||AJSapey|||
|||||ELandale|(Retired 14|May 2022)|
|||||M Sharp|(Appointed|6July 2022)|
|Independent||examiner||EA Short|||
|||||Equitable House|||
|||||55Pelion Lane|||
|||||Halifax|||
|||||West Yorkshire|||
|||||HX1 5SP|||
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|||||||||Period &om|
|---|---|---|---|---|---|---|---|---|
|||||||||1 Aug 20to|
||||||Year|to 31Mar|22|31Mar 21|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note||'E|f||
|Income and|endowments||||||||
|Donations
and legacies||||5|9,037|349,794|358,831|245,364|
|Charitable
activities||||6|285,491|—|285,491|125,095|
|Total income|||||294,528|349,794|644/22|370,459|
|Expenditure|||||||||
|Expenditure|on charitable||activities|7,8|334,024|361,185|695409|356,307|
|Total expenditure|||||334,024|361,185|695,209|356,307|
|Net (expenditure)/income|||and net||||||
|movement|in funds||||(39,496)|(11,391)|(50,887)|14,152|
|Reconciliation
offunds|||||||||
|Total funds|brought|forward|||730,767|111,400|842,167|828,016|
|Total funds|carried|forward|||691,271|100,009|791/80|842,167|
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|||||2022|||2021||
|---|---|---|---|---|---|---|---|---|
|||Note|||||||
|FIXEDASSETS|||||||||
|Tangible fixed assets||14|||357/49|||186,735|
|CURRENT ASSETS|||||||||
|Debtors||15|19,904|||21,197|||
|Cash at bank and in hand|||467,653|||707,422|||
||||487457|||728,619|||
|CREDITORS: amounts|falling due||||||||
|within one year||16|53,526|||73,187|||
|NET CURRENT ASSETS|||||434,031|||655,432|
|TOTAL ASSETSLESS|CURRENT||||||||
|LIABIL1TIES|||||791480|||842,167|
|NET ASSETS|||||791480|||842,167|
|FUNDS OFTHE CHARITY|||||||||
|Restricted funds|||||100,009|||111,400|
|Unrestricted
funds|||||691/71|||730,767|
|Total charity funds||20|||791480|||842,167|
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||2022|2021|
|---|---|---|
|CASH FLOWS FROM OPERATING ACTIVITIES|||
|Net (expenditure)/income|(50,887)|14,152|
|Adj us/ments for:|||
|Depreciation oftangible fixed assets|58,540|12,414|
|Government
grant income|(9,037)|(12,503)|
|Accrued (income)/expenses|(164)|1,024|
|Changes in:|||
|Trade and other debtors|1)293|(695)|
|Trade and other creditors|(19,496)|(23,226)|
|Cash generated
from operations|(19,751)|(8,834)|
|Net cash used in operating
activities|(19,751)|(8,834)|
|CASH FLOWS FROM INVESTING ACTIVITIES|||
|Purchase oftangible assets|(232,633)|(46,362)|
|Proceeds from sale oftangible
assets|3,578||
|Net cash used in investing
activities|(229,055)|(46,362)|
|CASH FLOWS FROM FINANCING ACTIVITIES|||
|Government
grant income|9,037|12,503|
|Net cash fiom financing
activities|9,037|12,503|
|NET DECREASE IN CASH AND CASH EQUIVALENTS|(239,769)|(42,693)|
|CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR|707,422|751,610|
|CASH AND CASH EQUIVALENTS AT END OF YEAR|467,653|708,917|
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|DONATION|S
AND LEGACIES||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds|2022
f|
|GRANTS|||||
|Grants receivable|||349,794|349,794|
|Government|grant income|9,037||9,037|
|||9,037|349,794|358,831|
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|||||Period &om|
|---|---|---|---|---|
|||Unrestricted|Restricted|1 Aug 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|
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|CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|
|||||Period from|
||Unrestricted|Total Funds|Unrestricted|1 Aug 20 to|
||Funds|2022|Funds|31 Mar 21|
|School teaching income|103,481|103,481|62,763|62,763|
|Pupil Tuition|158,319|158419|48,147|48,147|
|Other income|12,358|12458|8,185|8,185|
|Rock School dt Virtual School|4,540|4,540|6,000|6,000|
|Room hire|6,793|6)793|||
||285,491|285)491|125,095|125,095|
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|EXPENDITURE ON CHARITAB|LE ACTIVITIES BY FUND TY|PE||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
|Pupil tuition|26,593|110,036|136,629|
|Music centres|5,455|22,572|28,027|
|School teaching|36,139|149,536|185,675|
|Support costs|265,837|79,041|344,878|
||334,024|361,185|695409|
||||Total Funds|
||||Period from|
||Unrestricted|Restricted|1Aug 20to|
||Funds|Funds|31Mar 21|
|Pupil tuition|10,977|64,289|75,266|
|Music centres|1,568|9,185|10,753|
|School teaching|13,589|79,595|93,]84|
|Support costs|93,370|83,735|177,104|
||119,504|236,804|356,307|
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|EXPENDIT|URE ON CHAR|ITABLE ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
||||||Total fund|
|||Activities|||Period from|
|||undertaken||Total funds|1Aug20to|
|||directly|Support costs|2022|31Mar 21|
||||||f.|
|Pupil tuition||136,629|134,157|270,786|146,150|
|Music centres||28,027|27,449|55,476|20,879|
|School teaching||185,675|176,915|362490|180,943|
|Governance|costs||6,357|6,357|8,335|
|||350,331|344,878|695,209|356,307|
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|on the activities|. The prop|ortions
are 53%|teaching for s|chools, 8%m|usic centre an|d 39%pupils.|
|---|---|---|---|---|---|---|
|||||||Total|
|||||||Period from|
||||Music|School||1 Aug20to|
|||Pupil tuition|centres|teaching|Total 2022|31 Mar 21|
|Staffcosts||50,891|10,439|69,159|130,489|67,285|
|Premises||16,416|3,367|22,309|42,092|50,246|
|Communications|and IT|1,009|207|1,371|2,587|1,847|
|General office||22,830|4,683|31,027|58,540|12,414|
|Human
resources||4,051|831|5,505|10,387|6,649|
|Finance costs||973|200|1,323|2,496|838|
|Governance
costs||6,965|1,428|9,464|17,857|8,336|
|Insurance||2,909|597|3953|7,459|4,723|
|Tmvelling||1,299|267|1,766|3432|165|
|Postage and stationery||551|113|748|1,412|881|
|Advertising||89|18|120|227|4,469|
|Computer
and sofhvare||17,808|3,241|21,839|42,888|5,206|
|Miscellaneous|expenses|2,966|608|4,031|7,605|1,782|
|Tral ning costs||],126|231|1,530|2,887|4,019|
|Subscriptions||4,617|947|6,275|11,839|8,110|
|Repairs and renewals||1,085|222|1,474|2,781|135|
|||135,585|27,399|181,894|344,878|177,105|
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|10.|NET (EXPENDITURE)|NET (EXPENDITURE)|NET (EXPENDITURE)|NET (EXPENDITURE)|/INCOME|/INCOME|/INCOME|||
|---|---|---|---|---|---|---|---|---|---|
||Net (expenditure)/income||||is stated after charging/(crediting):|||||
||||||||||Period from|
||||||||||1Aug 20 to|
|||||||||2022|31Mar 21|
|||||||||f|f.|
||Depreciation|of|tangible||fixed assets|||58/40|12,414|
|11.|INDEPENDENT|||EXAMINATION FEES||||||
||||||||||Period from|
|||||||||Year to|1 Aug20to|
|||||||||31Mar22|31Mar21|
||Fees payable|to|the|independent||examiner|for.|||
||Independent|examination|||ofthe financial||statements|3,100|3,000|
||Other financial||services|||||3,258|2,336|
|||||||||6@58|5,336|
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|full-time
equiv|alent
employees
during
the year is anal|ysed
as follows:|||
|---|---|---|---|---|
||||Period &om||
||||1 Aug 20to||
|||2022|31 Mar|21|
|||No.|No.||
|Management|and administration|6||4|
|Music leaders||10||8|
|||16||12|
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|TANGIBLE FIXED|ASSETS|||||
|---|---|---|---|---|---|
||Short|||||
||leasehold|Fixtures|Musical|||
||improvements|& fittings|instrumentsf|Computers|Totalf|
|Cost||||||
|At 1 April 2021|32,628|58,970|225,284|13,921|330,803|
|Additions|46,092|72,228|44,332|69,981|232,633|
|Disposals|||(5,750)||(5,750)|
|At 31March 2022|78,720|131,198|263,866|83,902|557,686|
|Depreciation||||||
|At 1 April 2021||49,695|89,232|5,141|144,068|
|Charge for the year|7,872|13,003|17,589|20,076|58/40|
|Disposals|||(2,171)||(2,171)|
|At 31March 2022|7,872|62,698|104,650|25,217|200,437|
|Carrying
amount||||||
|At 31March 2022|70,848|68,500|159,216|58,685|357,249|
|At 31 March 2021|32,628|9,275|136,052|8,780|186,735|
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|DEBTORS||||
|---|---|---|---|
|||2022|2021|
|Trade debtors||5,151|10,980|
|Prepayments|and accrued income|14,753|10,217|
|||19,904|21,197|
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|CREDITORS: amounts
falling due within
one yea|r||
|---|---|---|
||2022|2021|
|Trade creditors|45,524|55,864|
|Accruals and deferred income|7415|7,479|
|Social security and other taxes||7,339|
|Other creditors|687|2,505|
||53,526|73,187|
|DEFERRED INCOME|||
||2022|2021|
|At 1 Apr 21||57,164|
|Amount
released to income||(57,164)|
|At 31Mar 22|||
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|GOVERNM|ENT
GRANTS|ENT
GRANTS|||||
|---|---|---|---|---|---|---|
|The ainounts|recognised
in the financial||statements|for government|grants are as follows:||
||||||2022|2021|
|Recognised|in income from donations|and legacies:|||||
|Government|grants income||||9,037|12,503|
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|Unrestricted|funds||||||
|---|---|---|---|---|---|---|
||||At|||At|
|||I April 2021||Income|Expenditure|31Mar 2022
f|
|General funds|||730,767|294,528|(334,024)|691,271|
||||At|||At|
|||I|Aug 2020|Income|Expenditure|31 Mar 2021|
|General funds|||712,673|137,598|(119,504)|730,767|
|Restricted|funds||||||
||||At|||At|
|||I April 2021||Income|Expenditure|31Mar 2022|
|||||||f.|
|Fixed asset|fund||105,889||(13,088)|92,801|
|Arts Council England|||5,511|349,794|(348,097)|7408|
||||11],400|349,794|(361,185)|100,009|
||||At|||At|
|||I|Aug 2020|Income|Expenditure
f|31Mar 2021|
|Fixed asset|fund||115,343||(9,454)|105,889|
|Arts Council England||||232,861|(227,350)|5,511|
||||115,343|232,861|(236,804)|111,400|
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|21.|ANALYSIS O|FN|ET AS|SETSBETWE|EN F|UNDS|||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||||f|
||Tangible fixed|assets||||264,448|92,801|357/49|
||Current assets|||||480,349|7,208|487,557|
||Creditors less than||1 year|||(53,526)||(53&526)|
||Net assets|||||691,271|100,009|791,280|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
||Tangible fixed|assets||||80,846|105,889|186,735|
||Current assets|||||723,108|5,511|728,619|
||Creditors less than||1 year|||(70,187)||(70,187)|
||Net assets|||||733,767|111,400|845,167|
|22.|ANALYSIS OF CHANGES IN NET DEBT||||||||
|||||||At||At|
|||||||1 Apr 2021|Cash tlows
f|31Mar 2022|
||Cash at bank and||in hand|||707,422|(239,769)|467,653|
|23.|OPERATING|LEASE COMMITMKNTS|||||||
||The total future minimum|||lease payments|under|non-cancellable
operating leases are as follows:|||
||||||||2022|2021|
||||||||f||
||Not later than|1year|||||29/50|29,250|
||Later than
1 year and not|||later than 5 years|||234,000|234,000|
||||||||263450|263,250|
|24.|RELATED PARTIES||||||||