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2021-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 5
Independent Examiner's	Report
Statement ofFinancial	Activities	7 to 8
Balance Sheet
Notes to the Financial	Statements	10to 21

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note
Income and Endowments		from:
Donations and legacies				6,649		6,649
Charitable activities				67,684		67,684
Investment income				3	4,255	4,258
Total income				74,336	4,255	78,591
Expenditure on:
Raising funds					(2,194)	(2,194)
Charitable activities				(74,875)	(15,534)	(90,409)
Total expenditure				(74,875)	(17,728)	(92,603)
Gains/losses on investment		assets			28,658	28,658
Net (expenditure)/income				(539)	15,185	14,646
Transfers between	funds			1,648	(1,648)
Net movement in funds				1,109	13,537	14,646
Reconciliation offunds
Total funds brought	forward			26,659	236,574	263,233
Total funds carried	forward		20	27,768	250,111	277,879

				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations and legacies				2,346		2,346
Charitable activities				89,648		89,648
Investment income				68	5,323	5,391
Total income				92,062	5,323	97,385
Expenditure on:
Raising funds					(2,023)	(2,023)
Charitable activities				(98,511)	(5,652)	(104,163)
Total expenditure				(98,511)	(7,675)	(106,186)
Gains/losses on investment		assets			(2,498)	(2,498)
Net expenditure				(6,449)	(4,850)	(11,299)
Net movement in funds				(6,449)	(4,850)	(11,299)
Reconciliation offunds
Total funds brought	forward			33,108	241,424	274,532
Total funds carried	forward		20	26,659	236,574	263,233

				2021	2820
			Note
Fixed assets
Tangible assets			14	9,567	10,492
Investments			15	242,791	216,327
				252,358	226,819
Current assets
Debtors			16	507	1,499
Cash at bank	and in hand		17	26,525	37,100
				27,032	38,599
Creditors: Amounts		falling due within one year	18	(1,511)	(2, 185)
Net current	assets			25,521	36,414
Net assets				277,879	263,233
Funds ofthe	charity:
Restricted income funds
Restricted funds			20	250,111	236,574
Unrestricted	income	funds
Unrestricted	funds			27,768	26,659
Total funds			20	277,879	263,233

				Unrestricted
				funds	Total	Total
				General	2021	2020
Donations	and		legacies;
Donations		from individuals		1,649	1,649	1,916
Legacies				5,000	5,000
Regular giving			and capital donations			430
				6,649	6,649	2,346

		Unrestricted
		funds	Total
		General	2021
Gift aid tax reclaimed		11,211	11,211
Subscriptions	-Members	42,717	42,717
Concert income		2,215	2,215
Other income		314	314
Orchestra tax	relief	11,227	11,227
		67,684	67,684
		Unrestricted
		funds	Total
		General	2020
Gift aid tax reclaimed		10,208	10,208
Subscriptions	-Members	49,441	49,441
Concert income		5,147	5,147
Other income		675	675
Tours		200	200
Residential and other courses		6,327	6,327
Orchestra tax	relief	17,650	17,650
		89,648	89,648

			Unrestricted
			funds	Restricted	Total
			General	funds	funds
Other	investment	income		4,255	4,258
Total	for 2021			4,255	4,258
Total	for 2020		68	5,323	5,391

a) Invest	ment	manage	ment	costs
					Restricted	Total	Total
					funds	2021	2020
Other investment		management		costs;
Other portfolio		management		costs	2,194	2,194	2,023
					2,194	2,194	2,023
							Total
						Direct costs	costs
Investment	management		costs			2,194	2,194
Total for	2021					2,194	2, 194
Total for	2020					2,023	2,023

		Unrestricted
		funds	Restricted	Total
		General	funds	2021
Conductors, tutors and rehearsals		34,786		34,786
Tours		945		945
Concert costs		1,188		1,188
Rehearsal rooms hire		2,387		2,387
Events and workings		637		637
Bursary payments			15,534	15,534
Orchestra administrator		2,023		2,023
Wages and pensions		21,961		21,961
Insurance		273		273
Printing, postage and stationery		264		264
Trade subscriptions		505		505
Sundry expenses		1,554		1,554
Advertising		319		319
Bank charges		60		60
Depreciation ofinstruments		1,525		1,525
		68,427	15,534	83,961
		Unrestricted
		funds	Restricted	Total
		General	funds	2020
Conductors, tutors and rehearsals		39,076		39,076
Concert costs		7,211		7,211
Residential and other costs		5,946		5,946
Rehearsal rooms hire		6,585		6,585
Events and workings		303		303
Bursary payments			5,292	5,292
Orchestra administrator		2,462		2,462
Wages and pensions		21,539		21,539
Insurance		273		273
Equipment repairs and renewals		265		265
Printing, postage and stationery		404		404
Trade subscriptions		465		465
Sundry expenses		3,726		3,726
Advertising		2,037		2,037
Professional development	and training	732		732
Bank charges		60		60
Depreciation ofinsttuments		817		817
		91,901	5,292	97,193

Governance		costs
							Unrestricted
							funds	Total	Total
							General	2021	2020
Independent	examiner fees
Examination		ofthe financial		statements			678	678	660
Other fees	paid to examiners						770	770	1,310
Legal fees							5,000	5,000	5,000
							6,448	6,448	6,970
9 Net incoming/outgoing			resources
Net outgoing		resources for	the	year include:
								2021	2020
Depreciation		offixed assets						1,525	817
10 Trustees		remuneration	and expenses
During the year the charity			made the following			transactions	with trustees:
Mrs W McDonald
Mrs W McDonald received			remuneration		off.1,335(2020:		61,217)during	the year.

11 Staff costs
The aggregate	payroll costs were as follows:
			2021	2020
Staff costs during		the year were:
Wages and salaries			21,212	20,820
Pension costs			749	719
			21,961	21,539

The monthly	average	average	number	number	of persons	of persons	(including	senior	senior	management	management	management	/ leadership	team)	employed	by the
charity during	the	year	expressed			as full time equivalents			was	as	follows.	'
													2021		2020
													No		No
Average number		ofemployees
No employee	received		emoluments			ofmore	than f60,000		during		the year.
12 Independent		examiner's			remuneration
													2021		2020
Examination	ofthe financial			statements										678		660
Other fees to examiners
All other tax	advisory		services											720		720
All other services														50		590
														770		1,310
13 Taxation

Cost
At 1 September 2020
Additions
At 31 August 2021
Depreciation
At 1 September 2020
Charge for the year
At 31 August 2021
Net book value
At 31 August 2021
At 31 August 2020
15 Fixed asset investments
Other investments

Furniture and
equipment	Total
18,778	18,778
600	600
19,378	19,378
8,286	8,286
1,525	1,525
9,811	9,811
9,567	9,567
10,492	10,492
2021	2020
	K
242,791	216,327

				Listed
				investments	Cash deposits	Total
Cost or Valuation
At 1 September	2020			208,126	8,201	216,327
Revaluation				24,168		24,168
Additions				42,171		42,171
Disposals				(38,435)	(1,440)	(39,875)
At 31 August 2021				236,030	6,761	242,791
Net book value
At 31 August 2021				236,030	6,761	242,791
At 31 August 2020				208,126	8,201	216,327
16 Debtors
					2021	2020
P repayments					155	1,200
Other debtors					352	299
					507	1,499
17 Cash and cash equivalents
					2021	2020
Cash at bank					26,525	37,100
18 Creditors:	amounts	falling due within	one year
					2021	2020
Accruals					1,511	2,185

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		Unrestricted		Total funds at
		funds	Restricted	31August
		General	funds	2021
Tangible	fixed assets	9,567		9,567
Fixed asset investments			242,791	242,791
Current	assets	19,712	7,320	27,032
Current	liabilities	(1,511)		(1,511)
Total net assets		27,768	250,111	277,879