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