2020-12-31-accounts

Charity Information
Trustees' Report
Independent Examiners'	Report
Accounting Policies
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

The deficit for the	period was				(15,622)
To which is added	the surplus	brought		forward	115,771
Leaving a surplus	carried forward		of		100,149

is provided	on all tangible fixe	d assets at rates as foll	ows:
Improvements	to property	20% per annum	straight	line method
Fixtures and	fittings	25% per annum	reducing	balance method
Instruments	and equipment	25% per annum	reducing	balance method

								Total	Total
					Notes	Unrestricted	Studio	31/12/2020	31/12/2019
						8	L'		6
Income:
Donations						11,334	6,185	17,519	36,693
income from charitable			activities:
Fundraising						42,911	957	43,868	40,968
Other income:
Furlough grants received						2,281		2,281
Total income					1	56,526	7 142	63668	77661
Expenditure:
Expenditure on charitable				activities		52,651	16,161	68,812	94,630
Administrative expenditure:
Accountancy						2,330		2,330	2,196
Professional fees						108		108
Website costs						3,254		3,254	144
Bank charges						238		238
Depreciation							4,548	4,548	4,800
Total expenditure					2	58,581	20,709	79,290	101770
Net income/(expenditure)				and net
movement in funds		for the		period		(2,055)	(13,567)	(15,622)	(24,109)
Transfer between	funds					(13,754)	13,754
Reconciliation of		funds
Total funds brought		forward				104,991	10,780	115,771	139,880
Total funds carried		forward				89,182	10,967	100,149	115,771

BALANCE SHEET	BALANCE SHEET
AS AT 31DECEIIBER2020
			As at		As at
			31/12/2020	31/12/2019
		Note	K	E	E
FIXEDASSETS
Tangible Fixed Assets			10,941		15,009
CURRENT ASSETS
Debtors			43
Cash at Bank and in Hand			90,994	120,916
CREDITORS: AMOUNTS	FALLING
DUE WITHIN ONE YEAR		5	~1,829)	(20,154)
NET CURRENT ASSETS			89,208		~100760
TOTAL ASSETSLESSCURRENT
LIABILITIES			~100149		115,771
Represented By:
FUNDS
Designated Funds			89,182		10,780
Unrestricted Funds			10,967		104,991
		68 7	100,149		115,771

The operating surplus is stated a	fter:
				Year	Year
			Ended		Ended
		31/12/2020f			31/12/2019f
Trustees remuneration
				Total	Total
	Unrestricted f	Studio f		31/12/2020 f	31/12/2019 f
Income from donations:
Donations less than f250 Donations more than f250	2,815 8,519	76 6,109		2,891 14,628	6,506 30,187
Arts Council Award					25,018
Event Ticket Sales	1,826			1,826	7,429
Collections	105			105	584
Book Sales			957	957	3,435
Other Awards	40,980			40,980	4,502
Furlough grants received	2,281			2,281
	56,526	7,	142	63,668	77,661

EXPENDITURE
						Total	Total
			Unrestricted	Studio		31/12/2020	31/12/2019
			6	E		E
Direct costs:
Choir Festival expenses			826			826	615
Concert costs							5,322
Contract staffing			7,200			7,200	7,200
Training and meetings							187
Purchases
Bursaries			6,962			6,962	4,345
Hardship pupil funding							549
Equipment purchases							297
BM Service funding	for children	on free
school meals				2,340		2,340	16,545
Campaign consultancy			8,620			8,620	5,553
Project support			17,055			17,055	37,285
Staff costs			9,149	10,424		19,573	9,867
Travel expenses					239	239	546
Fundraising expenses					120	120
Sheet music			360			360
Venue hire			550			550
Support Costs:
Insurance							681
General expenses			19		198	217	270
Website costs			3,254			3,254	144
Cleaning costs					96	96	566
Repairs and renewals					21	21	167
Stationery			16		40	56	296
Telephone					573	573	612
Computer costs			745		415	1,160	452
Electricity				1,500		1,500	2,957
Rates and water					195	195	318
Public relations costs			315			315
Subscriptions			834			834
Goiremance costs:
Accountancy			2,330			2,330	2,196
Professional fees			108			108
Finance costs:
Bank charges			238			238
Depreciation:
Improvements to property				3,311		3,311	3,311
Fixtures and fittings					648	648	704
Instruments and equipment					589	589	785
			58,581	20,709		79,290	101,770

3. FIXEDASSETS
	Improvements To	Fixtures and	Instruments and
	Property	Fittings	Equipment	TOTAL
	E		E
COST OR VALUATION
At 1 January 2020	16,556	2,980	3,293	22,829
Additions		480		480
Disposals
At 31 December 2020	16,556	3,460	3293	23,309
DEPRECIATION
At 1 January 2020	6,013	869	938	7,820
Charge for Year	3,311	648	589	4,548
Depreciation on Disposals
At 31 December 2020	9,324	1,517	1 527	12368
NET BOOK VALUE
At 31 December 2020	7,232	1,943	1 766	10941
NET BOOK VALUE
At 31 December 2019	10,543	2,111	~2355	~15009
4. DEBTORS
			As at	As at
		31/12/2020		31/12/2019
			E
Other debtors			43
5. CREDITORS -AMOUNTS	FALLING DUE WITHIN	ONE YEAR

	As at	As at
	31/12/2020	31/12/2019
	E	E
Accruals	1,812	20,154
Trade creditors	17
	1,829	20,154

. ANALYSIS OF MOVEMENTS O	F FUNDS IN THE P	ERIOD
			Total	Total
	Unrestrictedf	Studio f	31/12/2020 f	31/12/2019 f
INCOME	56,526	7,142	63,668	77,661
EXPENSES	58,581	20 709	79290	101,770
	(2,055)	(13,567)	(15,622)	(24,109)
TRANSFERS BETWEEN FUNDS	(13,754)	13,754
FUNDS AT START 01/01/2020	104,991	10,780	115,771	139,880
CLOSING BALANCES 31/12/2020	89,182	10,967	100 149	115,771

und bal	ances at 31 Dec	ember 2020 are repre	sented by:
				Total
		Unrestrictedf	Studio	31/12/2020f
Tangible	fixed assets		10,941	10,941
Current	assets	90,994	43	91,037
Current	liabilities	(1,812)	(17)	(1,829)
		89,182	10,967	100,149

und bal	ances at 31 Dec	ember 2019are repre	sented by:
				Total
		Unrestricted 8	Studio 8	31/12/2019f
Tangible	fixed assets		15,009	15,009
Current	assets	120,916		120,916
Current	liabilities	(15,925)	(4,229)	(20,154)
		104,991	10,780	115,771