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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2 to 4|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities|7to 8|
|Balance Sheet|||
|Notes to the Financial|Statements|10to 22|
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|The trustees
and officers|serving
during
the year and since the|year e|nd were as follows:|
|---|---|---|---|
|Trustees:|Miss EA Bratton|||
||Mr TN Booth|||
||Dr M Chadwick|||
||Mr FJ BLe Brocq (appointed||21 September 2022)|
||Mr JW A Lowe|||
||Mr S G Mason|||
||Mrs W McDonald|||
||Mr JM Saville|||
||Mrs EM Stevens|||
||Mr JE Stork (appointed|21 September 2022)||
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||||and Lo|sses)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2023|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||1,091||1,091|
|Charitable
activities||||131,116||131,116|
|Investment
income||||5,569||5,569|
|Total income||||137,776||137,776|
|Expenditure
on:|||||||
|Raising funds||||(1,391)||(1,391)|
|Charitable
activities||||(153,317)|(3,206)|(156,523)|
|Total expenditure||||(154,708)|(3,206)|(157,914)|
|Gains/losses
on investment||assets||(4,101)||(4,101)|
|Net expenditure||||(21,033)|(3,206)|(24,239)|
|Transfers
between|funds|||228,319|(228,319)||
|Net movement
in funds||||207,286|(231,525)|(24,239)|
|Reconciliation offunds|||||||
|Total funds brought|forward|||8,959|231,525|240,484|
|Total funds carried|forward||20|216,245||216,245|
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|||||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|
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|||Note|||
|---|---|---|---|---|
|Fixed assets|||||
|Tangible assets|||7,210|9„370|
|investments|||201313|221,762|
|||||231,l32|
|Current
assets|||||
|Debtors||||5ll|
|Cash at bank|and in hand|||11,688|
||||9„371|12,199|
|Creditors: Atnounts
falhng due within one year|||(1,649)|(2,847)|
|Net current|assets|||9,352|
|Niet assets||||240,484|
|Funds ofthe|Charity".||||
|Restricted income funds|||||
|Restricted
funds||20||231,525|
|Unrestricted|income funds||||
|Unrestricted|funds||216,245|8959|
|Total funds|||216,245|240,484|
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||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|Total|Total|
||||||General|2023|2022|
|Donations
and legacies;||||||||
||Donations|from individuals|||1,091|1,091|1,530|
||||||1,091|1,091|1,530|
|4|Income|from charitable||activities||||
|||||||Unrestricted||
|||||||funds|Total|
|||||||General|2023|
||Gift aid tax reclaimed|||||11,460|11,460|
||Subscriptions||-Members|||64,390|64,390|
||Concert income|||||13,365|13,365|
||Other income|||||1,974|1,974|
||Tours|||||18,067|18,067|
||Orchestra|tax|relief|||21,860|21,860|
|||||||131,116|131,116|
|||||||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|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Restricted|Total|
||||General|funds|funds|
|Other|investment|income|5,569||5,569|
|Total|for 2023||5,569||5,569|
|Total|for 2022|||4,334|4,342|
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|a) Investment
m|anageme|nt
c|osts||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|Total|Total|
|||||General|2023|2022|
|Other investment|management||costs;||||
|Other portfolio|management||costs|1,391|1,391|1,636|
|||||1,391|1,391|1,636|
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Expenditure|on charitable||activities||||
|||||Unrestricted|||
|||||funds|Restricted|Total|
|||||General|funds|2023|
|Conductors,
tutors and rehearsals||||60,951|2,757|63,708|
|Tours||||20,693||20,693|
|Concert costs||||10,510||10,510|
|Rehearsal
rooms|hire|||10,655||10,655|
|Events and workings||||1,886||1,886|
|Orchestra
administrator||||3,755||3,755|
|Wages and pensions||||24,693||24,693|
|Bursary payments||||2,596|449|3,045|
|Insurance||||290||290|
|Equipment
repairs and renewals||||127||127|
|Printing,
postage|and stationery|||220||220|
|Trade subscriptions||||620||620|
|Sundry expenses||||2,039||2,039|
|Advertising||||675||675|
|Professional
development||and training||1,187||1,187|
|Bank charges||||60||60|
|Depreciation ofinstruments||||2,160||2,160|
|Website costs||||3,050||3,050|
|||||146,167|3,206|149,373|
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|||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|
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||||||Unrestricted||||
|---|---|---|---|---|---|---|---|---|
||||||funds|Total||Total|
||||||General|2023||2022|
|||||||||f.|
|Independent|examiner||fees||||||
|Examination||ofthe|financial|statements|732||732|714|
|Other fees|paid to examiners||||959||959|854|
|Legal fees|||||5,459|5,459||5,000|
||||||7,150|7,|150|6,568|
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|11 Staffcosts
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
|Staffcosts during the year were:|||
|Wages and salaries|23,814|2],642|
|Pension costs|879|777|
||24,693|22,419|
|2023|2022|
|---|---|
|No|No|
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|12 Independent
exa|miner's|remuneration|||||
|---|---|---|---|---|---|---|
||||2023||2022||
|Examination ofthe financial||statements||732||714|
|Other fees to examiners|||||||
|All other tax advisory|services|||720||720|
|All other services||||239||134|
|||||959||854|
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|14 Tangible fixed assets|||
|---|---|---|
||Furniture
and||
||eqmpment|Total|
|Cost|||
|At 1 September 2022|21,307|21,307|
|At 31 August 2023|21,307|21,307|
|Depreciation|||
|At 1 September 2022|11,937|11,937|
|Charge for the year|2,160|2,160|
|At 31August 2023|14,097|14,097|
|Net book value|||
|At 31August 2023|7.210|7,210|
|At 31August 2022|9,370|9,370|
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|15 Fixed asset investments||||
|---|---|---|---|
|||2023|2022|
|Other investments||201,313|221,762|
|Other investments||||
||Listed|||
||investments|Cash deposits|Total|
|Cost or Valuation||||
|At
1 September 2022|216,384|5,378|221,762|
|Revaluation|(2,682)||(2,682)|
|Additions|71,729|87,777|159,506|
|Disposals|(89,196)|(88,077)|(177,273)|
|At 31 August 2023|196,235|5,078|201,313|
|Net book value||||
|At 31August 2023|196,235|5,078|201,313|
|At 31 August 2022|216,384|5,378|221,762|
|16 Debtors||||
|||2023|2022|
|Prepayments||214|358|
|Other debtors||430|153|
|||644|511|
|17 Cash and cash equivalents||||
|||2023|2022|
|Cash at bank||8,727|11,688|
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|18 Creditors: amounts
falling|18 Creditors: amounts
falling|due within one year|||
|---|---|---|---|---|
||||2023|2022|
|Accruals|||1,649|1,547|
|Deferred|income|||1,300|
||||1,649|2,847|
||||2023|2022|
|Deferred|income at 1 September|2022|1,300||
|Resources|deferred
in the period|||1,300|
|Amounts|released from previous|periods|(1,300)||
|Deferred|income at year end|||1,300|
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|20 Funds||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance at I||||Other|||
||||September|Incoming|Resources||recognised||Balance at31|
||||2022f|resources
f|expended|Transfers
f|garne/(losses)
f||August 2023
f|
|Unrestricted|funds|||||||||
|General||||||||||
|Income fund|||8,959|137,776|(157,914)|231,525||(4,101)|216,245|
|Restricted funds||||||||||
|Bursary Fund|||449||(449)|||||
|The Needham
Fund
Peter Horril Scholarship
Total restricted
funds|||228,319
2,757
231,525||~[2,757
~3.2D6)|(228,319)
~228,3f9||||
|Total funds|||240,484|137,776|(161,120)|3,206||(4,101)|216,245|
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|||Notes to|the Financial Statements
for the Yea|r Ended 31A|ugust 2023|||
|---|---|---|---|---|---|---|---|
||||Balance at I|||Other||
||||September|Incoming|Resources|I'ecoglllsed|Balance at31|
||||2021|resources
f|expended
f|gains/(losses)|August 2022|
|Unrestricted|funds|||||||
|General||||||||
|Income fund|||27,768|86,271|(105,080)||8,959|
|Restricted||||||||
|Bursary Fund|||449||||449|
|The Needham||Fund|246,905|4,334|(3,527)|(19,393)|228,319|
|Peter Horril Scholarship
Total restricted
funds|||2,757
250,111|4!)4|~(3,527|~tl9, 'l9.|2,757
2IL525|
|Total funds|||277,879|90,605|(108607)|(19393)|240,484|
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||||Unrestricted|Total funds at|
|---|---|---|---|---|
||||funds|31August|
||||General|2023|
|Tangible|fixed assets||7,210|7„210|
|Fixed asset investments|||201,313|201,313|
|Current|assets||9,371|9,371|
|Current|liabilities||(1,649)|(1,649)|
|Total net assets|||216,245|216,245|
|||Unrestricted||Total funds at|
|||funds|Restricted|31August|
|||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|
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