| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent examiner's report to the |
trustees | |||||
| Statement offinancial |
activities | (including | income and | |||
| expenditure account) |
||||||
| Statement offinancial |
position | |||||
| Notes to the financial | statements | 10 |
| Registered | charity | charity | name | name | Drake Calleja Trust | ||||
|---|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1164114 | |||||||
| Company | registration | number | 09580141 | ||||||
| Charity principal | office | Unitec House 2nd Floor | |||||||
| 2 Albert Place | |||||||||
| London | |||||||||
| N3 1QB | |||||||||
| United Kingdom |
|||||||||
| Registered | office | Building 6 30 Friern | Park | ||||||
| London | |||||||||
| N12 9DA | |||||||||
| United Kingdom |
|||||||||
| The trustees | |||||||||
| Mr JJ-P Drake | |||||||||
| Dr A D'Angour | (Resigned | 19December 2022) | |||||||
| Mr BEvans | |||||||||
| Lord Moynihan | (Appointed | 7 July 2022) | |||||||
| Independent | examiner | Mr Henry J Leapman | FCA |
| 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Totalfunds | Total funds | ||||
| Note | F | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 119,246 | 119,246 | 187,917 | ||
| Investment income |
6 | 62 | ||||
| Total income | 119,246 | 119,246 | 187,979 | |||
| Expenditure | ||||||
| Expenditure on charitable |
activities | 7,8 | 243,558 | 243,558 | 223,522 | |
| Total expenditure | 243,558 | 243,558 | 223,522 | |||
| Net expenditure and net |
movement | in funds | (124,312) | (124,312) | (35,543) | |
| Reconciliation offunds |
||||||
| Total funds brought forward | 22,482 | 22,482 | 58,025 | |||
| Total funds carried forward | (101,830) | (101,830) | 22,482 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | P | |||||
| Current assets | ||||||
| Debtors | 13 | 24,379 | 5,550 | |||
| Cash at bank | and | in hand | 6,286 | 34,317 | ||
| 30,665 | 39,867 | |||||
| Creditors: amounts | falling due within one year | 14 | 132,495 | 17,385 | ||
| Net current | liabilities | (101,830) | 22,482 | |||
| Total assets | less | current liabilities | (101,830) | 22,482 | ||
| Net liabilities | (10'1,830) | 22,482 | ||||
| Funds ofthe charity | ||||||
| Unrestricted | funds | (101,830) | 22,482 | |||
| Total charity | funds | 18 | (101,830) | 22,482 |
| Donations and legacies |
||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| F | F | |||
| Donations | ||||
| Donations | 119,040 | 119,040 | 187,917 | 187,917 |
| Ticket sales | 206 | 206 | ||
| 119,246 | 119,246 | 187,917 | 187,917 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |||
|---|---|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |||||
| F. | ||||||||
| Other | interest | receivable | 62 | 62 |
| Expendit | ure on |
charitable activiti |
es by fund type |
|||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2023 | Funds | 2022 | |||
| F. | F | F | ||||
| Classical Support |
musical costs |
scholarships | 237,301 6,257 |
237,301 6,257 |
217,040 6,482 |
217,040 6,482 |
| 243,558 | 243,558 | 223,522 | 223,522 |
| 8. | Expendi | ture | on charitabl | e acti |
vities by activity typ |
e | |||
|---|---|---|---|---|---|---|---|---|---|
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly f |
Support costs F |
2023 f. |
2022 F |
||||||
| Musical | scholarships | 237,301 | 1,607 | 238,908 | 219,561 | ||||
| Governance | costs | 4,650 | 4,650 | 3,961 | |||||
| 237,301 | 6,257 | 243,558 | 223,522 | ||||||
| 9. | Analysis | of | support costs | ||||||
| Musical | |||||||||
| scholarships | Total 2023 | Total | 2022 | ||||||
| E | |||||||||
| Human | resources | 1,029 | 1,029 | 956 | |||||
| Insurance | 578 | 578 | 1,565 | ||||||
| 1,607 | 1,607 | 2,521 | |||||||
| 10. | Independent | examination | fees | ||||||
| 2023 | 2022 | ||||||||
| F | |||||||||
| Fees payable | to the independent | examiner for: | |||||||
| Independent | examination | ofthe | financial statements | 1,475 | 1,400 |
| Staff co | sts | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The total | staff costs | and | employee | benefits for | the reporting | period are analysed as follows: | |||
| 2023 | 2022 | ||||||||
| E | F | ||||||||
| Wages and salaries | 18,565 | 17,389 | |||||||
| Social security costs | 1,189 | ||||||||
| Employer | contributions | to pension | plans | 683 | 635 | ||||
| 19,248 | 19,213 | ||||||||
| The average head |
count of employees | during | the year was | 1 (2022: 1).The average | number of |
||||
| full-time | equivalent | employees | during the year | is analysed as follows: | |||||
| 2023 | 2022 | ||||||||
| No. | No. | ||||||||
| Number | ofstaff - Administrative | 1 | 1 |
| 13. | received by th Debtors |
e truste | es. | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| F | |||||
| Prepayments | and accrued income | 5,550 | |||
| Other debtors | 24,379 | ||||
| 24,379 | 5,550 | ||||
| 14. | Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | ||||
| Accruals and | deferred | income | 13,332 | 3,900 | |
| Social security | and other taxes | 806 | 1,666 | ||
| Other creditors | 118,357 | 11,819 | |||
| 132,495 | 17,385 |
| At | At | |||||
|---|---|---|---|---|---|---|
| 1 | June 2022 | Income | Expenditure | 31 May 2023 | ||
| F | F. | |||||
| General | funds | 22,482 | 119,245 | (243,558) | (101,830) | |
| At | At | |||||
| 1 | June 2021 | Income | Expenditure | 31 May 2022 | ||
| F | F | F | F | |||
| General | funds | 58,025 | 187,979 | (223,522) | 22,482 |
| Analysis of net as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2023 | ||
| E | R | ||
| Current assets | 30,665 | 30,665 | |
| Creditors less than | 1 year | (132,495) | (132,495) |
| Net liabilities | (101,830) | (101,830) | |
| Unrestricted | Total Funds | ||
| Funds F |
2022 f |
||
| Current assets | 39,867 | 39,867 | |
| Creditors less than | 1 year | (17,385) | (17,385) |
| Net assets | 22,482 | 22,482 |