2021-08-31-accounts - Finchley Children's Music Group

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Restricted
				&
			General	Designated	2021	2020
			Fund	Funds	Total	Total
			f	f	f	E
Income from charitable activities:
Subscriptions			40,495	(936)	39,559	44,488
Gift aid			6,290		6,290	9,263
Donations and	fundraising		5,126		5,126	10,559
Performances	and recordings	(Note 2)	(1,170)		(1,170)	1,567
Royalties			5,402		5,402
Uniform sales	(net)					58
Sundry income			32		32	1,353
Total income			56,175	(936)	55,239	67p288
Expenditure on charitable activities:
Direct musical	expenditure
Summer school	(Note 3)		8,990	905	9,895	3,373
Music			925		927	2,237
Rehearsal costs: hire of hall and piano			5,340		5,340	6,668
Rehearsal costs: fees to music		staff	30,933	2,968	33,901	23,311
Direct charitable administration
Fees to administrator			15,744		15,744	15,321
Advertising and recruitment			1,439		1,439	2,963
Bank fees			98		98	74
Depreciation			232		232	664
Gifts			411		411	261
Insurance			248		248	248
Printing, postage, stationery,		telephone	1,497		1,497	1,279
Sundries			1,492		1,492	368
			67,349	3,873	71,222	56,767
Governance casts
Audit			1,100		1,100	1,056
Tota I expenditure			68,449	3,873	72322	57,823
Net income/(expenditure)			(12,274)	(4,809)	(17p083)	9,465
Gross transfers	between funds		(15,841)	15,841
Net movement	in funds		(28,115)	11,032	(17,083)	9p465
Total funds brought forward			~71718	~12678	~84396	~74931
Total funds carried forward			4~3603	~23710	~67313	~84396

		Note	2021	2020
			E	E
Fixed assets		5
Current assets
Stock		6	528	528
Debtors		7	6,759	9,634
Cash at bank and in	hand		~81914	~79394
			89,201	89,556
Creditors: Amounts within one year	falling due	8	~21888	5160
Net current assets			67,313	84,396
Total assets less current liabilities			67,313	84,396
Creditors: Amounts	falling due after
more than one year
Net assets			~67313	~84396
Funds ofthe Charity:
Unrestricted fund			43,603	71,718
Restricted funds			9,710	12,678
Designated funds			14,000
Total			~67313	~84396
Signed on behalf ofthe trustees
Theresa Ward			Spyridoula Kalodiki
Chair			Treasurer

2 Performa	nces and recordings
		2021f	2020 E
Income		349	7,668
Expenditure before project costs		~1519	~5421
Surplus/(deficit)		(1,170)	2,247
Commission/Recording	project costs		(680)
Overall surplus/(deficit)		~1170	1567

Net income for the year is arrived at after charging:
	2021	2020
	8	E
Audit fee	~1100	~1056
5 Fixed Assets
		Office
		equipment
		E
Cost
As at 1Sept 2020		1,757
Additions		232
Disposais
As at 31August 2021		1,989
Depreciation
As at 1Sept 2020		1,757
Charged in period		232
Disposals
As at 31August 2021		1,989
Net book value
As at 31August 2021
As at 1Sept 2020

NOTE 6	S TO THE ACCO Stock	UNTS FOR THE	YEAR EN
		2021	2020
		6	E
Choir uniforms		528	528
7	Debtors
		2021	2020
		6	E
Gift Aid		6,264	9,263
Other debtors		266	171
Prepayments		229	200
		~6759	~9634