2021-12-31-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				(55,331)
To which is added	the surplus	brought		forward	100,149
Leaving a surplus	carried forward		of		44,818

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
					Note	Unrestricted	Studio	31/12/2021	31/12/2020
						E	E
Income:
Donations						7,280	8,710	15,990	17,519
Income from charitable			activities:
Fundraising						25,640	12,211	37,851	43,868
Other Income
Furlough Grants Received						1,877		1,877	2,281
Total income						34,797	20,921	55,718	63,668
Expenditure:
Expenditure on charitable				activities:		79,553	23,690	103,243	68,812
Administrative expenditure:
Accountancy						2,170		2,170	2,330
Professional Fees						813		813	108
Website costs						216		216	3,254
Bank Charges						368		368	238
Depreciation							4,239	4,239	4,548
Total expenditure						83,120	27,929	111,049	79,290
Net income/(expenditure) movement in funds for			the	and net period		(48,323)	(7,008)	(55,331)	(15,622)
Transfer between	funds
Reconciliation of		funds
Total funds brought		forward				89,182	10,967	100,149	115,771
Total funds carried		forward				40,859	3,959	44,818	100,149

				As at	As at
				31/12/2021	31/12/2020
			Note
FIXEDASSETS
Tangible Fixed Assets				6,702	10,941
CURRENT ASSETS
Debtors				25	43
Cash at Bank and	in Hand			47,832	90,994
CREDITORS: AMOUNTS		FALLING
DUE WITHIN ONE YEAR			5	~9,741)	~1,829)
NET CURRENT ASSETS				38,115	89,208
TOTAL ASSETS LESSCURRENT
LIABILITIES				44,818	100,149
Represented By:
FUNDS
Designated Funds				3,959	10,967
Unrestricted Funds				40,859	89,182
			68 7	44,818	100,149

The operating surplus	The operating surplus	is stated after:
					Year	Year
				Ended		Ended
				31/12/2021 E		31/12/2020f
Trustees	remuneration
					Total	Total
			Unrestricted	Studio	31/12/2021	31/12/2020
					f
Income from donations:
Donations	less than F250		2,766	869	3,635	2,891
Donations	more than f250		4,514	7,841	12,355	14,628
Event ticket sales						1,826
Collections						105
Book sales				536	536	957
Other awards			25,640	11,675	37,315	40,980
Furlough	grants received		1,877		1,877	2,281
			34,797	20,921	55,718	63,668

EXPENDITURE
					Total	Total
			Unrestricted	Studio	31/12/2021	31/12/2020
			F		F
Direct costs:
Choir festival expenses						826
Concert costs
Contract staffing			7,200		7,200	7,200
Training and meetings
Purchases
Bursa ries			10,500		10,500	6,962
Hardship pupil funding
Equipment purchases
BM Service funding school meals	for children	on free	3,960	7,635	11,595	2,340
Campaign consultancy			7,650		7,650	8,620
Cultural consultancy			7,150		7,150
Project support			18,803		18,803	17,055
Staff costs			4,708	11,583	16,291	19,573
Travel expenses				510	510	239
Fundraising expenses						120
Fundraising support			15,738		15,738
Sheet music						360
Venue hire						550
Support costs:
Insurance			56	574	630
General expenses			97	35	132	217
Website costs			216		216	3,254
Cleaning costs				377	377	96
Repairs and renewals				1,106	1,106	21
Stationery				6	6	56
Telephone				547	547	573
Computer costs				351	351	1,160
Electricity				916	916	1,500
Rates and water				40	40	195
Public relations costs						315
Subscriptions			891		891	834
Marketing			2,800	10	2,810
Governance costs:
Accountancy			2,170		2,170	2,330
Professional fees			813		813	108
Finance costs:
Bank charges			368		368	238
Depreciation:
Improvements to property				3,311	3,311	3,311
Fixtures and fittings				486	486	648
Instruments and equipment				442	442	589
			83,120	27,929	111,049	79,290

3. FIXEDASSETS
	Improvements	Fixtures	Instruments
	To	and	and
	Property	Fittings	Equipment	TOTAL
		E		f.
COST OR VALUATION
At 1 January 2021	16,556	3,460	3,293	23,309
Additions
Disposals
At 31 December 2021	16,556	3,460	3,293	23,309
DEPRECIATION
At 1 January 2021	9,324	1,517	1,527	12,368
Charge for Year	3,311	486	442	4,239
Depreciation on Disposals
At 31 December 2021	12,635	2,003	1,969	16,607
NET BOOK VALUE
At 31 December 2021	3,921	1,457	1,324	6,702
NET BOOK VALUE
At 31 December 2020	7,232	1,943	1,766	10,941
4. DEBTORS
			As at	As at
		31/12/2021		31/12/2020
Other debtors			25	43
5. CREDITORS —AMOUNTS	FALLING DUE WITHIN	ONE YEAR
			As at	As at
		31/12/2021		31/12/2020
Accruals			5,320	1,812
Trade creditors			4,389	17
Other creditors			32
			9,741	1,829

			Total	Total
	Unrestricted	Studio	31/12/2021	31/12/2020
INCOME	34,797	20,921	55,718	63668
EXPENSES	83,120	27,929	111,049	79,290
	(48,323)	(7,008)	(55,331)	(15,622)
TRANSFERS BETWEEN FUNDS
FUNDS AT START	89,182	10,967	100,149	115,771
CLOSING BALANCES	40,859	3,959	44,818	100,149

				Total
		Unrestrictedf	Studio E	31/12/2021
Tangible	fixed assets		6,703	6,703
Current	assets	46,644	1,212	47,856
Current	liabilities	(5,785)	(3,956)	(9,741)
		40,859	3,959	44,818

und bal	ances at 31 December	2020 are represented by:
				Total
		Unrestricted F	Studio E	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