2020-12-10-accounts - The Commonwealth Resounds

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		Page
Report ofthe Trustees	1	to	2
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	6	to	12
Detailed Statement ofFinancial Activities	13	to	14

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes
CURRENT ASSETS
Debtors		750		750
Cash at bank		6,683		6,683	25,630
		7,433		7,433	25,630
CREDITORS
Amounts falling due within one year	10	(630)		(630)	(630)
NET CURRENT ASSETS		6,803		6,803	25,000
TOTAL ASSETSLESSCURRENT
LIABILITIES		6,803		6,803	25,000
NET ASSETS		6,803		6,803	25,000
FUNDS
Unrestricted funds				6,803	25,000
TOTAL FUNDS				6,803	25,000

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	fund	funds
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		28,792		28,792
Charitable	activities
Music			29,000		29,000
Total			57,792		57,792
EXPENDITURE ON
Charitable	activities
Music			30,431		30,431
Other			3,319		3,319
Total			33,750		33,750
NET INCOME			24,042		24,042
RKCONCH, IATION		OFFUNDS
Total funds brought		forward	958		958
TOTAL FUNDS CARRIED FORWARD			25,000		25,000

9.	DEBTORS:	DEBTORS:	AMOUNTS	AMOUNTS	FALLING DUE~ONE YEAR	FALLING DUE~ONE YEAR
							2020	2019
							g
	Other debtors						750
10.	CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR
							2020	2019
							6
	Other creditors						630	630
11.	MOVEMENT			IN FUNDS
							Net
						At	movement	At
						11.12.19	in funds	10.12.20
	Unrestricted		funds
	General	fund				4459	(2,421)	1,938
	International		Composition		Award
						12,618	(11,701)	917
	Dionysus					8,023	(4,313)	3,710
	Antigua						238	238
						25,000	(18,197)	6,803
	TOTAL	FUNDS				25,000	(18,197)	6,803
	Net movement			in funds, included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
	Unrestricted		funds
	General	fund				15,854	(18,275)	(2,421)
	International		Composition		Award
						2,000	(13,701)	(11,701)
	Dionysus					14,462	(18,775)	(4,313)
	Antigua					238		238
						32,554	(50,751)	(18,197)
	TOTAL	FUNDS				32,554	(50,751)	(18,197)

A current yea	r 12 months	and prior year 12months	combined position is as follows:
				Net
			At	movement	At
			11.12.18	in funds	lb.12.20
					f
Unrestricted	funds
General fund			958	980	1,938
International	Composition	Award
				917	917
Dionysus Antigua				3,710 238	3,710 238
			958	5,845	6,803
TOTALFU	NDS		958	5,845	6,803

			2020	2019
	Unrestricted	Resnicted	Total	Total
	funds	funds	funds	funds
	6
INCOME AND ENDOWMENTS
Donations and legacies
Donations Gilt aid	5,611 3,853		5,611 3,853	28,792
	9,464		9,464	28,792
Charitable activities
Contributions for travel and related costs for
performances	23,090		23,090	29,000
Total incoming resources	32,554		32,554	57,792
EXPENDITURE
Raising donations and legacies
Bank interest	42		42
Charitable activities
Musicians costs Travel Commonwealth Day expenses Venue hire Performing fees Flags &badges	5,050 6,918 5,225 16,990 210		5,050 6,918 5,225 16,990 210	1,322 10,921 1,759 6,770 7,398
Transport Concertexpenses	5,554		5,554	115 2,146
	39,947		39,947	30,431
Support costs
Management
Postage and stationery	144		144
Information technology
Website hosting	2,078		2,078	1,189
Governance costs
Accountancy and legal fees Carried forward	540 540		540 540	630 630

					2020	2019
			Unrestricted	Restncted	Total	Total
			funds	funds	funds	funds
Governance costs Brought forward Bookkeeping Legal Ec Professional		Fees	540 1,000 7,000		540 1,000 7,000	630 500 1,000
			8,540		8,540	2,130
Total resources	expended		50,751		50,751	33,750
Net income			(18,197)		(18,197)	24,042