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|Status||The organisation|is a charitable|company|limited by|guarantee,|registered|in|
|---|---|---|---|---|---|---|---|---|
|||England
and Wales.|||||||
|Trustees||The directors ofthe charitable||company|(the charity)|are its trustees for the|||
|||purpose ofcharity law. The trustees and|||officers serving during||the year||
|||were as follows:|||||||
|||Ann Fiona Chambers|||||||
|||Evgenia Chernysheva|||||||
|||Suzanne Rebecca Klein|||(Resigned|1 October|2020)||
|||Paul Christopher|Mark Solon||||||
|||Andrew
Lyndsay|Balfour Thomson||||||
|Secretary||Kenneth
William|Baird||||||
|Registered|Office|1 Haigh Street|||||||
|||Liverpool|||||||
|||Merseyside|||||||
|||United Kingdom|||||||
|||L3 8QB|||||||
|Independent|Examiner|Richard I Coulthard|||||||
|||Robert SBoys Ltd|||||||
|||28-30Grange Road West|||||||
|||Birkenhead|||||||
|||Merseyside|||||||
|||United Kingdom|||||||
|||CH41 4DA|||||||
|Bankers||The Royal Bank|of Scotland||||||
|||1 Dale Street|||||||
|||Liverpool|||||||
|||L22PP|||||||
|Solicitors||Brabners LLP|||||||
|||Horton House|||||||
|||Exchange Flags|||||||
|||Liverpool|||||||
|||L2 3YL|||||||
##
|CONTENTS||Page|
|---|---|---|
|Report ofthe Trustees||3-6|
|Report ofthe Independent
Examiner|||
|Statement of Trustees'|Responsibilities||
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Notes to the Financial|Statements|11-16|
|Income and Expenditure
Account||17|
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||||||Notes|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|Funds|
|||||||2020|2020|2020|2019|
|Income:||||||||||
|Donations
and legacies|||||2a||11,500|11,500|18,379|
|income from charitable||activities:||||||||
|Other income|||||2b|143|2,875|3,018|1,381|
|Investment
income|||||2G||12|12|77|
|Total income||||||143|14,387|14,530|19,837|
|Expenditure||||||||||
|Costs ofraising funds;
Commercial
trading
operations|||||||1,906|1,906|5,816|
|Expenditure
on charitable
Other income|||activities:|||143|25,067|25,210|60,592|
|Total expenditure||||||143|26,973|27,116|66,408|
|Net income and net||movement||in|funds|||||
|for the year|||||||(12,586)|(12,586)|(46,571)|
|Total funds brought|forward||||||27,231|27,231|73,802|
|Total funds carried||forward|||||14,645|14,645|27,231|
##
|LANCE S|HEET|||||
|---|---|---|---|---|---|
|||||2020|2019|
||||Notes|||
|Fixed assets||||||
|Tangible
assets||||21,250|21,250|
|Current
assets||||||
|Debtors||||8,775|16,641|
|Cash at bank|and in hand|||8,744|18,259|
|||||17,519|34,900|
|Liabilities||||||
|Creditors
falling due within||one year|10|2,874|7,669|
|Net Current|Assets|||14,645|27,231|
|Net Assets||||35,895|48)481|
|The Funds
Revaluation|of the Charity
reserve|||21,250|21,250|
|Unrestricted|income funds|||14,645|27,23 1|
|Restricted
income funds||||||
|Total Funds|Employed|||35,895|48,481|
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|||||||Restricted|Restricted||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|2|Income:|||||Funds|||Funds|Funds|Funds|
|||||||2020|||2020|2020|2019|
|2a|Donations
and legacies|||||||||||
||Donations||||||||11,500|11,500|18,379|
||||||||||11,500|11,500|18,379|
|2b|Income from|charitable|activities|||||||||
||Core activities||||||||375|375||
||Education||||||||2,500|2,500|754|
||The Cunning
Little Vixen
Talks||||||143|||143|627|
||Pa)staf|||||||||||
||Performers
and artists|||||||||||
||||||||143||2,875|3,018|1,381|
|2c|Investment
Income|||||||||||
||Bank Interest||||||||12|12|77|
||||||||||12|12|77|
||Total Income||||||143||14,387|14,530|19,837|
|3|Expenditure|||||Restricted
Funds|||Unrestricted
Funds|Total
Funds|Total
Funds|
|||||||2020|||2020|2020|2019|
||Cost ofraising funds:
Administration
costs
Governance
costs (note 5)
Unrealised
exchange movement
Staffcosts||||||||299
31
(194)
1,769|299
31
(194)
1,769|381
486
246
4,703|
||Depreciation|||||||||||
||Bank interest|payable||||||||||
||interest on late payment oftaxes||||||||1
1,906|1
1,906|5,816|
|4|Expenditure|||||Restricted
Funds|||Unrestricted
Funds|Total
Funds|Total
Funds|
|||||||2020|||2020|2020|2019|
||Expenditure
Administration
Staffcosts|on charitable
costs||activities:||6,860
11,498|||2,430
4,422|9,290
15,920|18,269
42,323|
||Expenditure|met by unrestricted|||funds|(18,215)
143|||18,215
25,067|25,210|60,592|
##
|5|Expenditure||Restricted|Unrestricted|Total||Total||
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds||Funds||
||||2020|2020|2020||2019||
|||||g|g||||
||Governance|Costs|||||||
||Trustees expenses|||31||31||486|
|||||31||31||486|
|6|Employees||||||||
|||2020|2019|
|---|---|---|---|
||||g|
|Wages and salaries
Social security costs||34,566
1,255
35,821|45,000
2,026
47,026|
|Furlough|grants received|(18,132)
17,689|47,026|
|||2020|2019|
|||No.|No.|
|Average|number ofemployees|||
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|8|Tangible fixed assets|Pianos|
|---|---|---|
||Cost / valuation||
||At 1 January 2020|21,250|
||Additions||
||Disposals
At 31December 2020|21,250|
||Depreciation||
||At 1 January 2020||
||Charge for the year||
||Disposals||
||At 31December 2020||
||Carrying
amount
At 31December 2020|21,250|
||At 31 December 2019|21,250|
##
|9|Debtors|||
|---|---|---|---|
|||2020|2019|
||Operating
debtors
Other debtors|7,875
900|15,741
900|
|||8,775|16,641|
|10|Creditors|2020|2019|
||Operating
creditors
Social security and other taxes
Other creditors
Accruals|274
491
222
1,887
2,874|1,637
1,251
3,057
1,724
7,669|
##
|Analysis ofnet assets between
fund|s||||
|---|---|---|---|---|
||Restricted|Unrestricted|Revaluation|Total|
||Funds|Funds|Reserve|Funds|
||2020|2020|2020|2020|
|Tangible fixed assets|||21,250|21,250|
|Cash at bank and in hand||8,744||8,744|
|Other net current assets / (liabilities)||5,901||5,901|
|Total||14,645|21,250|35,895|
##
|Fixed assets - fixtures, fittings, oAice equipment|Fixed assets - fixtures, fittings, oAice equipment|and camera-||
|---|---|---|---|
|at written
down book value|||Nil|
|Current assets|||7,707|
|Cash at bank|||76,487|
|Current
liabilities|and accruals||(8,298)|
|At 31December 2016|||75,896|
|Analysis
between|funds:|||
|Restricted
funds|||22,000|
|Unrestricted
funds|||53,896|
||||75,896|
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||g||
|Income:|||||||||
|Donations
and legacies|||||||11,500|18,379|
|Other incoming resources|||||||3,018|1,381|
|Investment
income|||||||12|77|
|Total income|||||||14,530|19,837|
|Expenditure|||||||||
|Wages and salaries|||||||34,566|45,000|
|Employer's
Nl contributions|||||||1,255|2,026|
|Furlough
grants received|||||||(18,132)||
|Rent and rates|||||||||
|Insurance|||||||978|2,289|
|Accountancy
services|||||||250|400|
|Payroll administration|||||||1,548|288|
|Independent
examiner's|fees||||||1,200|1,200|
|Communication
costs including||||website|||462|248|
|Office supplies||||||||543|
|Postage and courier charges|||||||94|144|
|Advertising
and sponsorship|||||||100|180|
|Hiring ofpremises
and equipment||||||||1,044|
|Music hire, purchase
and||performing||||rights|27|301|
|Recording, printing
and|translation||||||||
|Repairs, maintenance
and||packaging||||||425|
|Governance
costs including|||trustees|||expenses|31|486|
|Travel expenses|||||||270|783|
|Hotel and subsistence|||||||219|881|
|Donations
and gills|||||||||
|Animateurs|||||||4,140|4,788|
|Masterclass
and audition||fees||||||1,797|
|Performer,
artist fees and||expenses|||||200|2,200|
|Production||||||||593|
|Bursaries|||||||||
|Legal and professional
fees
Bank charges|||||||13
88|429
117|
|Bad debt|||||||||
|Interest on late payment|of taxes||||||||
|(Profit) / loss on exchange||||||||246|
|Total expenditure|||||||27,116|66,408|
|Net income and net movement|||||in funds for the year||(12,586)|(46,571)|