| CONTENTS: | CONTENTS: | PAGE: | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Trustees Report | 1-3 | |||||||||
| Independent | Examiners | Report | ||||||||
| Statement of | Financial | Activities | ||||||||
| Balance Sheet | ||||||||||
| Notes to the Financial | Statements | 7-9 | ||||||||
| TRUSTEES: | Peter Moody | (Chairman | until 15th November 2020) | |||||||
| Jan Menthe (Treasurer) | ||||||||||
| Hilary Ashton | (Secretary) | |||||||||
| Andrew Bate |
||||||||||
| Alison Gibb (resigned | 15th November | 2020) | ||||||||
| Dan Adams | ||||||||||
| Howard Rogerson |
||||||||||
| Sarah Glossop | ||||||||||
| Alex Webb | ||||||||||
| David Greenhalgh | ||||||||||
| Tracey Johnson | (appointed | 15th November 2020) | ||||||||
| CHARITY OFFICES: | Magna House | |||||||||
| Main Street | ||||||||||
| Long Preston | ||||||||||
| North Yorkshire | ||||||||||
| BD23 4ND | ||||||||||
| CHARITY REGISTRATION NU1VKER. | ' | 115B472 | ||||||||
| INDEPENDENTE~R; | Ian W Shipley | FCCA | ||||||||
| For and on behalf of: | ||||||||||
| Prentis &Co LLP | ||||||||||
| Chartered Accountants |
&Independent | Examiners | ||||||||
| 115cMilton Road | ||||||||||
| Cambridge | ||||||||||
| CB4 IXE | ||||||||||
| BANKERS: | Co-Operative | Bank Pic | ||||||||
| 1 Balloon Street | ||||||||||
| Manchester | ||||||||||
| M60 4EP |
| Unrestricted | Unrostricted | ||||
|---|---|---|---|---|---|
| for the | for the 17 | ||||
| year to | month period to | ||||
| 31st | 31st | ||||
| December | Decembor | ||||
| 2020 | 2019 | ||||
| Note | 6 | ||||
| INCOME: | |||||
| Voluntary income |
|||||
| Subscriptions | 6233 | 9381 | |||
| Donations (including |
Gift Aid) | 3624 | 2634 | ||
| Legacies | 12226 | ||||
| Charitable activities |
|||||
| Sales and lending ofmusic | 2338 | 12338 | |||
| AGM | 124 | 11284 | |||
| Other income | |||||
| Miscellaneous income |
280 | 670 | |||
| Investment income |
874 | 1134 | |||
| Grants received - COVID-19 | 27000 | ||||
| TOTAL INCOME | 40473 | 49667 | |||
| EXPENDITURE: | |||||
| Charitable activities |
47664 | 72796 | |||
| TOTAL EXPENDITURE | 47664 | 72796 | |||
| NET EXPENDITURE BEFORE GAINS | |||||
| ON INVESTMENTS | (7191) | (23129) | |||
| NET GAINS ON INVESTMENTS | 21791 | 7493 | |||
| NET MOVEMENT IN FUNDS | 14600 | (15636) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds at 31stDecember 2019 | 290652 | 306288 | |||
| Total funds at 31stDecember 2020 | 305252 | 290652 |
| BALANCE SHEET | |||||||
|---|---|---|---|---|---|---|---|
| As at | As at | ||||||
| 31stDecember | 2020 | 31stDecember | 2019 | ||||
| Notes | 8 | 8 | |||||
| FIXEDASSETS | |||||||
| Investments | 252690 | 232514 | |||||
| CURRENT ASSETS | |||||||
| Prepayments | 1250 | ||||||
| Cash in bank and in hand | 55715 | 59775 | |||||
| TOTAL CURRENT ASSETS | 55715 | 61025 | |||||
| LIABILITIES | |||||||
| Creditors: amounts falling due |
|||||||
| within one year | 3153 | 2887 | |||||
| Net Current Assets | 52562 | 58138 | |||||
| TOTAL NET ASSETS | 305252 | 290652 | |||||
| THE FUNDS OF THE SOCIETY | |||||||
| Unrestricted income funds |
305252 | 290652 | |||||
| The financial statements |
were approved | by the Trustees on | 2$ | ||||
| and signed on their behalf. |
| CHARITABLE | CHARITABLE | ACTIVITIES | ACTIVITIES | Year to | 17month |
|---|---|---|---|---|---|
| 31st | period to 31st | ||||
| December | December | ||||
| 2020 | 2019 | ||||
| DIRECT COSTS | f, | ||||
| Library costs | 10467 | 19839 | |||
| Rent | 15000 | 11250 | |||
| Other premises | costs | 6500 | 4714 | ||
| AGM | 57 | 12346 | |||
| Magazine | 7017 | 8393 | |||
| Printing | 1659 | 2776 | |||
| Postage | 2110 | 2215 | |||
| 42810 | 61533 | ||||
| SUPPORT | COSTS | ||||
| Computer | 518 | 714 | |||
| Stationery | 458 | 1641 | |||
| Relocation | costs | 80 | 7912 | ||
| Miscellaneous | 650 | 246 | |||
| Gifts | 28 | 150 | |||
| Investment | management | fees | 2465 | ||
| 4199 | 10663 | ||||
| GOVERNANCE COSTS | |||||
| Independent | Examiners | Fee | 655 | 600 | |
| TOTAL CHARITABLE | COSTS | 47664 | 72796 |
| to | the office or work | done in the role oftru | stee. | |||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| S | Glossop | f7,410 | 81,254 | - | secretarial work, office administration | and facilities |
| H | Ashton | 82,013 | 815,193 | - | management secretarial work, oflice~ation |
and facilities |
| management | ||||||
| D | Adams | 85,440 | K8,393 | - | magazine and website |
|
| A | Webb | f200 | - | services as musical director |
| INVESTMENTS | INVESTMENTS | Year | 17month | ||||
|---|---|---|---|---|---|---|---|
| to | period to | ||||||
| 31st | 31st | ||||||
| December | December | ||||||
| 2020 | 2019 | ||||||
| 8 | |||||||
| Market value at 1st January 2020 | 227958 | ||||||
| Additions | 177158 | 274444 | |||||
| Disposals | (179152) | (54919) | |||||
| Realised Gains | 2999 | 977 | |||||
| Unrealised | Gains | 18792 | 7456 | ||||
| Market value at 31stDecember 2020 | 247755 | 227958 | |||||
| Capital Account | 4935 | 4556 | |||||
| TOTAL INVESTMENTS AT 31STDECEMBER 2020 | 252690 | 232514 | |||||
| Historical cost at 31stDecember 2020 | 222573 | 225021 | |||||
| DEBTORS | - DUE WITHIN ONE YEAR | As at | As At | ||||
| 31st | 31st | ||||||
| December | December | ||||||
| 2020 | 2019 | ||||||
| 8 | |||||||
| Prepayments | 1250 | ||||||
| CREDITORS - DUE WITKN ONE YEAR | As at | As at | |||||
| 31st | 31st | ||||||
| December | December | ||||||
| 2020 | 2019 | ||||||
| 8 | |||||||
| Accruals and deferred income | 3153 | 2887 | |||||
| STATEMENT OF FUNDS | |||||||
| b/fwd | c/fwd | ||||||
| 1stJanuary | Gains on | 31stDecember | |||||
| 2020 | Income | Expenditure | Investments | Transfers | 2020 | ||
| UNRESTRICTED INCOME FUNDS: | |||||||
| General unrestricted | 590652 | 40473 | 47664 | 21791 | (200000) | 105252 | |
| Designated | - Project fund | 20000 | 20000 | ||||
| - Property Rnd | 180000 | 180000 | |||||
| Total funds | 590652 | 40473 | 47664 | 21791 | 305252 |