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2022-08-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2 to 5
Statement ofTrustees'		Responsibilities
Independent Examiner's		Report
Statement ofFinancial		Activities	8to 9
Balance Sheet			10to 11
Notes to the Financial	Statements		12to 25

				Unrestricted	Restricted	Total
				funds	funds	2022
			Note
Income and Endowments		from:
Donations and legacies				1,530		1,530
Charitable activities				84,733		84,733
Investment income				8	4,334	4,342
Total income				86,271	4,334	90,605
Expenditure on:
Raising funds					(1,636)	(1,636)
Charitable activities				(105,080)	(1,891)	(106,971)
Total expenditure				(105,080)	(3,527)	(108,607)
Gains/losses on investment		assets			(19,393)	(19,393)
Net expenditure				(18,809)	(18,586)	(37,395)
Net movement in funds				(18,809)	(18,586)	(37,395)
Reconciliation offunds
Total funds brought	forward			27,768	250,111	277,879
Total funds carried	forward		20	8,959	231,525	240,484

				Unrestricted	Restricted	Total
				funds	funds	202I
			IVote
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)	]5,185	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

		Balance Sheet as at	31August 2022
				2022	2021
			Note
Fixed assets
Tangible assets			14	9,370	9,567
Investments			15	221,762	242,791
				231,132	252,358
Current assets
Debtors			16	511	507
Cash at bank	and in hand		17	11,688	26,525
				12,199	27,032
Creditors: Amounts		falling due within one year	18	(2,847)	(1,511)
Net current	assets			9,352	25,521
Net assets				240,484	277,879
Funds ofthe	Charity:
Restricted income funds
Restricted funds			20	231,525	250,111
Unrestricted	income	funds
Unrestricted	funds			8,959	27,768
Total funds			20	240,484	277,879

3	Income fro	m donations	and legacies
				Unrestricted
				funds	Total	Total
				General	2022	2021
Donations and		legacies;
	Donations from individuals			1,530	1,530	1,649
	Legacies					5,000
				1,530	1,530	6,649
4	Income from charitable		activities
					Unrestricted
					funds	Total
					General	2022
	Gift aid tax reclaimed				12,307	12,307
	Subscriptions	- Members			53,430	53,430
	Concert income				9,928	9,928
	Other income				(225)	(225)
	Orchestra tax	relief			9,293	9,293
					84,733	84,733
					Unrestricted
					funds	Total
					General	202I
	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	Restricted	Total
			General	funds	funds
Other	investment	income		4,334	4,342
Total	for 2022			4,334	4,342
Total	for 2021			4,255	4,258

					Restricted	Total	Total
					funds	2022	2021
Other investment		management		costs;
Other portfolio		management		costs	1,636	1,636	2,194
					1,636	1,636	2,194
							Total
						Direct costs	costs
Investment	management		costs			1,636	1,636
Total for	2022					1,636	1,636
Total for	2021					2,194	2,194

7 Expenditure on charitable acti	vities
		Unrestricted
		funds	Restricted	Total
		General	funds	2022
Conductors, tutors and rehearsals		50,537		50,537
Concert costs		8,200		8,200
Rehearsal rooms hire		10,176		10,176
Events and workings		(87)		(87)
Orchestra administrator		2,996		2,996
Wages and pensions		22,419		22,419
Bursary payments			1,891	1,891
Insurance		276		276
Equipment repairs and renewals		315		315
Printing, postage and stationery		366		366
Trade subscriptions		465		465
Sundry expenses		3,267		3,267
Advertising		363		363
Bank charges		93		93
Depreciation ofinstruments		2,126		2,126
(Profit)/loss on disposal oftangible	fixed assets	(3,000)		(3,000)
		98,512	1,891	100,403

	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
Orchestra administrator	2,023		2,023
Wages and pensions Bursary payments	21,961	15,534	21,961 15,534
Insurance	273		273
Printing, postage and stationery	264		264
Trade subscriptions	505		505
Sundry expenses Advertising	1,554 319		1,554 319
Bank charges	60		60
Depreciation of instruments	1,525		1,525
	68,427	15,534	83,961

Governance	c	osts
					Unrestricted
					funds	Total	Total
					General	2022	2021
Independent	examiner		fees
Examination		ofthe	financial	statements	714	714	678
Other fees Legal fees	paid to examiners				854 5,000	854 5,000	770 5,000
					6,568	6,568	6,448

9 Net incoming/outgoing	resources
Net outgoing resources for the year include:
						2022	2021
Profit on disposal oftangible	fixed assets					(3,000)
Depreciation offixed assets						2,126	1,525
10 Trustees remuneration	and expenses
During the year the Charity	made the following		transactions	with trustees:
Mrs W McDonald
Mrs W McDonald received	remuneration	ofK1,590(2021:		K1,335)during	the year.

		2022	2021
Staffcosts during	the year were:
Wages and salaries		21,642	21,212
Pension costs		777	749
		22,419	21,961

2022	2021
No	No

12 independent exa	miner's	remuneration
			2022		2021
Examination ofthe financial		statements		714		678
Other fees to examiners
All other tax advisory	services			720		720
All other services				134		50
				854		770

14 Tangible f	ixed assets
		Furniture	and
		equipment		Total
Cost
At 1 September 2021		19,378		19,378
Additions Disposals			2,429 (500)	2,429 ~(500
At 31 August	2022	21,307		21,307
Depreciation
At 1 September 2021			9,811	9,811
Charge for the	year		2, 126	2,126
At 31 August	2022	11,937		11,937
Net book value
At 31 August	2022		9,370	9,370
At 31 August	2021		9,567	9,567

15 Fixed ass	et investments
			2022	2021
Other investments			221,762	242,791
Other investments
		Listed
		investments	Cash deposits	Total
Cost or Valuation
At 1 September 2021		236,030	6,761	242,791
Revaluation		(19,312)		(19,312)
Additions		7,502		7,502
Disposals		(7,836)	(1,383)	(9,219)
At 31 August	2022	216,384	5,378	221,762
Net book value
At 31 August	2022	216,384	5,378	221,762
At 31 August	2021	236,030	6,761	242,791
16 Debtors
			2022	2021
Prepay ments			358	155
Other debtors			153	352
			511	507
17 Cash and	cash equivalents
			2022	2021
Cash at bank			11,688	26,525

					2022	2021
Accruals					1,547	1,511
Deferred	income				1,300
					2,847	1,511
						2022
Resources	deferred	in	the	eriod		1,300

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		Unrestricted		Total funds at
		funds	Restricted	31 August
		General	funds	2022
Tangible	fixed assets	9,370		9,370
Fixed asset investments			221,762	221,762
Current	assets	2,436	9,763	12,199
Current	liabilities	(2,847)		(2,847)
Total net assets		8,959	231,525	240,484
		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