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|CONTENTS:||||||||||PAGE:|
|---|---|---|---|---|---|---|---|---|---|---|
|Trustees Report||||||||||1-3|
|Independent|Examiners||Report||||||||
|Statement of|Financial||Activities||||||||
|Balance Sheet|||||||||||
|Notes to the Financial|||Statements|||||||7-9|
|TRUSTEES:||||Hilary Ashton
(Chair)|||||||
|||||Peter Moody (resigned||8th October 2022)|||||
|||||Jan Menthe|||||||
|||||Tracey Johnson (Treasurer)|||||||
|||||Howard Rogerson|||||||
|||||Alex Webb (resigned 27th July 2022)|||||||
|||||David Greenhalgh|||||||
|||||Catherine
Tackley (appointed||||8th October 2022)|||
|||||James Cooke (appointed||8th|October||2022)||
|||||Christopher
Browne (appointed||||8th October 2022)|||
|||||Paul Witkiewicz|(appointed||8th October 2022)||||
|CHARITY OI I'ICES:||||Magna House|||||||
|||||Main Street|||||||
|||||Long Preston|||||||
|||||North Yorkshire|||||||
|||||BD23 4ND|||||||
|CHARITY REGISTRATION NUMBER;||||1158472|||||||
|INDEPENDENT||EXAMIN ER;||lan 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|||||||
|||||I Balloon Street|||||||
|||||Manchester|||||||
|||||M60 4EP|||||||
|||||Skipton Building|Society||||||
|||||99Fishergate|||||||
|||||Preston|||||||
|||||PR1 2AE|||||||
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|RESERVES|RESERVES|||
|---|---|---|---|
|At 31stDecember the Society held the||following reserves as shown|in Note 7:|
|Unrestricted
free|reserves|49,574||
|Designated
funds:||||
|Development|project fund|20,000||
|Property
fund||180,000||
|Restricted
funds||1,750||
|Total eserves||251,324||
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|STATEMENT OF FINANCIAL A|CTIVITIES|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted||
||||2022|2022|2022||2021|
|||Note||||||
|INCOME:||||||||
|Voluntary
income||||||||
|Subscriptions|||8,754||8,754||6,796|
|Donations
(including
Gift Aid)|||3,590||3,590||4,002|
|Charitable
activities||||||||
|Sales and lending ofmusic|||8,699||8,699||4,168|
|AGM|||520||520||1,854|
|Concert|||2,369||2,369|||
|Other incorae||||||||
|Miscellaneous
income|||1,155||1,155||906|
|Investment
income|||4,403||4,403||470|
|Grants received - COVID-19|||||||24,143|
|- Other||||1,750|1,750|||
|TOTAL INCOME|||29,490|1,750|31,240||42,339|
|EXPENDITURE;||||||||
|Charitable
activities||2|56,867||56,867||56,299|
|TOTAL EXPENDITURE|||56,867||56,867||56,299|
|NET INCOME/(EXPENDITURE)|BEFORE|(LOSSES)/GAINS||||||
|ON INVESTMENTS|||(27,377)|1,750|(25,627)||(13,960)|
|NET (LOSSES)/GAINS ON INVESTMENTS||4|(34,620)|-|(34,620)||20,279|
|NET MOVEMENT IN FUNDS|||(61,997)|1,750|(60,247)||6,319|
|RECONCILIATION
OF FUNDS||||||||
|Total funds at 31stDecember 2021|||311,571||311,571||305,252|
|Total funds
at 31stDecember 2022|||249,574|],750|251,324||311,571|
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|BALANCE SHEET|||||
|---|---|---|---|---|
|||As at|As at||
|||31stDecember 2022|31stDecember|2021|
||Notes||||
|FIXEDASSETS|||||
|Investments
~TASSETS||182,837||260,463|
|Debtors:
amounts
falling due|||||
|within one year||1,050|230||
|Cash in bank and in hand||71,854|56,581||
|TOTAL CURRENT ASSETS||72,904|56,811||
|LIABILITIES|||||
|Creditors;
amounts
falling due|||||
|within one year||4,417|5,703||
|Net Current Assets||68,487||51,108|
|TOTAL NET ASSETS||25],324||311,571|
|THE FUNDS OF THE SOCIETY|||||
|Restricted income funds||1,750|||
|Unrestricted
income funds||249,574||311,571|
|TOTALFUNDS||251,324||311,571|
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|THE FINANCIAL STATEMENTS|THE FINANCIAL STATEMENTS|||
|---|---|---|---|
|CHARITABLE ACTIVITIES||2022|2021|
|DIRECT COSTS||||
|Library
and membership|administration|13,350|10,585|
|Rent||15,000|15,000|
|Other premises costs||5,238|5,889|
|AGM||352|2,747|
|Concert||2,838||
|Magazine
and newsletter|production|9,211|7,934|
|Printing||1,646|1,419|
|Postage||2,531|2,160|
|Professional
fees||168|3,740|
|||50,334|49,474|
|SUPPORT COSTS||||
|Computer
and telephone||1,006|1,096|
|Stationery||1,268|1,119|
|Miscellaneous||1,113|912|
|Gifts|||30|
|Investment
management|fees|2,358|2,973|
|||5,745|6,130|
|GOVERNANCE
COSTS||||
|Independent
Examiners|Fee|788|695|
|TOTAL CHARITABLE|COSTS|56,867|56,299|
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|to the offlce or work|done in the ro|le of truste|e.||||
|---|---|---|---|---|---|---|
||2022|2021|lorn||||
|SGlossop|RO|66,235|- secretarial
work, magazine,||office administration|and facilities|
||||management||||
|H Ashton|8123|f34|—travel||||
|D Adams|f0|f3,160|- magazine
and website||||
|A Webb|6191|f264|- conductor
expenses||||
|D Greenhalgh|KO|K125|- oflice administration|and music expenses|||
|3 Menthe|f73|60|- travel||||
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|THE FINANCIAL ST|ATEMENTS||||||
|---|---|---|---|---|---|---|
|INVESTMENTS|||||2022|2021|
|Market value at 1st January 2022|||||252,959|247,755|
|Additions|||||265,444|197,787|
|Disposals|||||(307,095)|(212,862)|
|Realised (Losses)/gains|||||(27,356)|11,307|
|Unrealised
(Losses)/gains|||||(7,264)|8,972|
|Market value at 31stDecember 2022|||||176,688|252,959|
|Capital Account|||||6,149|7,504|
|TOTAL INVESTMENTS AT 31STDECEMBER 2022|||||182,837|260,463|
|Historical cost at 31st|December 2022||||180,004|235,771|
|DEBTORS - DUE WITHIN ONE YEAR|||||2022|2021|
|Prepayments|||||1,050|230|
|CREDITORS - DUE|WITHIN ONE YEAR||||2022|2021|
|Accruals
and deferred|income||||4,417|5,703|
|STATEMENT OF FUNDS - 2022|||||||
|||b/fwd||||c/fwd|
|||1st January|||Losses on 31st|December|
|||2022|Income|Expenditure|Investments|2022|
|Restricted
funds|||1,750|||1,750|
|General unrestricted||11],571|29,490|(56,867)|(34,620)|49,574|
|Designated
-Project fund||20,000||||20,000|
|-Property|Rnd|180,000||||180,000|
|Total funds||311,571|31,240|(56,867)|(34,620)|251,324|
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