2024-03-31-accounts

	Page
Trustees' report	1 -6
Independent examiner's report	7
Statement of financial activities	8
Statement of financial position	9
Notes to the financial statements	10-20

	Unrestricted Restricted	Total Unrestricted Restricted	Total
	funds funds	funds funds
	2024 2024	2024 2023 2023	2023
Notes £ £		£ £ £	£
Income from:
Donations and legacies 3 78,982 92,687		171,669 81,335 57,591	138,926
Charitable activities	4 21,610	21,610 34,634	34,634
Total income	100,592 92,687	193,279 115,969 57,591	173,560
Expenditure on:
Raising funds 5	16,532	16,532 5,591	5,591
Charitable activities 6	101,986 42,329	144,315 140,250 40,126	180,376
Total resources
expended	118,518 42,329	160,847 145,841 40,126	185,967
Net (expenditure)/income for
the year/
Net movement in funds	(17,926) 50,358	32,432 (29,872) 17,465	(12,407)
Fund balances at 1 April 2023	45,485 18,700	64,185 75,357 1,235	76,592
Fund balances at 31
March 2024	27,559 69,058	96,617 45,485 18,700	64,185

		2024		2023
	Notes	£	£	£	£
Fixed assets
Property, plant and equipment	9		1,014		2,111
Current assets
Inventories	10	4,624		3,754
Trade and other receivables	11	31,656		53,878
Cash at bank and in hand		73,382		21,231
		109,662		78,863
Current liabilities	12	(14,059)		(16,789)
Net current assets			95,603		62,074
Total assets less current liabilities			96,617		64,185
Income funds
Restricted funds	14		69,058		18,700
Unrestricted funds			27,559		45,485
			96,617		64,185

	Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
	funds	funds		funds	funds
	2024	2024	2024	2023	2023	2023
	£	£	£	£	£	£
Donations and gifts	78,982	10,816	89,798	81,335		81,335
Grants receivable		81,871	81,871		57,591	57,591
	78,982	92,687	171,669	81,335	57,591	138,926
Donations and gifts
Other	78,982	10,816	89,798	81,335		81,335
	78,982	10,816	89,798	81,335		81,335

3	Donations and legacies				(Continued)
	Grants receivable for
	core activities
	Arts Council England	3,379	3,379	4,341	4,341
	DWP	1,242	1,242	15,000	15,000
	The Garick Charitable
	Trust	3,000	3,000	20,000	20,000
	The Hinrichsen
	Foundation	3,750	3,750	17,250	17,250
	Jerwood Arts	43,000	43,000	1,000	1,000
	Marchus Trust	5,000	5,000
	PRS Foundation	16,000	16,000
	The Samuel Gardner
	Memorial Trust	1,500	1,500
	UKRi	2,000	2,000
	Vaughan Williams Foundation	3,000	3,000
		81.871	81,871	57,591	57,591

Raising funds
	Unrestricted Unrestricted
	funds	funds
	2024	2023
	£	£
Fundraisine and publicity
Seeking donations, grants and legacies	92
Other fundraising costs	14,205	5,591
Support costs	2,235
Fundraising and publicity	16,532	5,591
	16,532	5,591

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7	Support costs	Support Governance	2024 Support costs Governance	2024 Support costs Governance	2024 Support costs Governance	2023
		costs costs			costs
		£ £	£	£ £		£
	Premises	9,096	9,096	8,272		8,272
	Insurance	735	735	405		405
	Telephone and internet	305	305	305		305
	Printing, postage, stationery	12	12	134		134
	Advertising and promotion Travel	1,577 448	1,577 448	2,120 1,277		2,120 1,277
	Professional
	development	138	138	1,084		1,084
	Conferences and
	subscriptions	468	468	772		772
	General office expenses	3,487	3,487	2,887		2,887
	Freelance staff	322	322
	Governance costs
	heading 1	1,853	1,853		288	288
		16,588 1,853	18,441	17,256	288	17,544
	Analysed between
	Fundraising Charitable activities	2,235 14,353 92 1,761	2,327 16,114	17,257	287	17,544
		16,588 1,853	18,441	17,257	287	17,544

9 Property, plant and equipment
	Fixtures and Computers		Total
	fittings£ £		£
Cost
At 1 April 2023		6,334	6,334
Additions	1,242		1,242
At 31 March 2024	1,242	6,334	7,576
Depreciation and impairment
At 1 April 2023		4,223	4,223
Depreciation charged in the year	228	2,111	2,339
At 31 March 2024	228	6,334	6,562
Carrying amount
At 31 March 2024	1,014		1,014
At 31 March 2023		2,111	2,111
10 Inventories
		2024	2023
		£	£
Finished goods and goods for resale		4,624	3,754
11 Trade and other receivables
		2024	2023
Amounts falling due within one year:		£	£
Trade receivables		17,664	44,875
Other receivables		3,500
Prepayments and accrued income		10,492	9,003
		31,656	53,878
12 Current liabilities
		2024	2023
		£	£
Other taxation and social security		582	2,518
Trade payables		5,613	1,272
Other payables		1,698
Accruals and deferred income		6,166	12,999
		14,059	16,789

20th anniversary celebrations
		Movement in funds
	Balance	at Resources Balance at
	1 April 2023 expended 31 March			2024
	£ £ £			£
Arts Council England DWP		3,379 1,242	(3,379) (1,242)
The Garick Charitable Trust		3,000	(3,000)
The Hinrichsen Foundation		3,750	(3,750)
Jerwood Arts		43,000	(10,750)	32,250
The London Community Foundation	15,000			15,000
Marchus Trust		5,000	(5,000)
Margaret Engering Music Trust PRSF	1,700 2,000	16,000	(1,700) (8,500)	9,500
The Samuel Gardner Memorial Trust		1,500	(1,500)
UKRi		2,000	(2,000)
Vaughan Williams Foundation AiR		3,000 10,816	(1,508)	3,000 9,308
	18,700	92,687	(42,329)	69,058

16	Analysis of net assets	between funds
		Unrestricted Restricted		Total Unrestricted Restricted			Total
		funds	funds		funds funds
		2024	2024	2024 2023		2023	2023
		£ £		£ £ £			£
	Fund balances at 31
	March 2024 are
	represented by:
	Property, plant and
	equipment	1,014		1,014	2,111		2,111
	Current
	assets/(liabilities)	26,545	69,058	95,603	43,374	18,700	62,074
		27,559	69,058	96,617	45,485	18,700	64,185