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||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|





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||Unrestricted Restricted|Total Unrestricted Restricted|Total|
|---|---|---|---|
||funds funds|funds funds||
||2024 2024|2024 2023 2023|2023|
|Notes £<br>£||£ £ £|£|
|Income from:||||
|Donations and legacies 3 78,982<br>92,687||171,669<br>81,335<br>57,591|138,926|
|Charitable activities|4 21,610|21,610<br>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<br>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<br>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|





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|||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|





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||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|





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|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<br>Foundation|3,000|3,000|||
|||81.871|81,871|57,591|57,591|





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|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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|||SO|||||||





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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,<br>stationery|12|12|134||134|
||Advertising and<br>promotion<br>Travel|1,577<br>448|1,577<br>448|2,120<br>1,277||2,120<br>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<br>1,853|18,441|17,256|288|17,544|
||Analysed between||||||
||Fundraising<br>Charitable activities|2,235<br>14,353<br>92<br>1,761|2,327<br>16,114|17,257|287|17,544|
|||16,588<br>1,853|18,441|17,257|287|17,544|



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|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|





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|<br>20th anniversary celebrations|||||
|---|---|---|---|---|
|||Movement in funds|||
||Balance|at Resources Balance at|||
||1 April 2023 expended 31 March|||2024|
||£ £ £|||£|
|Arts Council England<br>DWP||3,379<br>1,242|(3,379)<br>(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<br>PRSF|1,700<br>2,000|16,000|(1,700)<br>(8,500)|9,500|
|The Samuel Gardner Memorial Trust||1,500|(1,500)||
|UKRi||2,000|(2,000)||
|Vaughan Williams Foundation<br>AiR||3,000<br>10,816|(1,508)|3,000<br>9,308|
||18,700|92,687|(42,329)|69,058|



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|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|