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||||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Year Ended|Year Ended 6|
||||||Funds|Funds|6 April 2023|April 2022|
|||||Further Details|E||E|E|
|Income from:|||||||||
|Donations
and|legacies|||(3)|1,750||1,750|10|
|Chantable
Activities||||(4)|3,275|27,382|30,657|14,737|
|Other Trading|Activities|||(5)|2,934||2,934|3,110|
|Total|||||7,959|27,382|35,341|17,857|
|Expenditure
on:|||||||||
|Raising
Funds||||(6)|514||514|614|
|Charitable
Activities||||(6)|2,945|1,200|4,145|17,177|
|Other||||(6)|||||
|Total|||||3,459|1,200|4,659|17,791|
|Net income/(expenditure)|||||4,500|26,182|30,682|66|
|Transfers
between||funds||(15)|||||
|Net movement|in|funds|||4,500|26,182|30,682|66|
|Reconciliation|of|funds|||||||
|Total funds brought|||forward|(15)|238|1,194|1,432|1,366|
|Total funds carried|||forward|(15)|4,738|27,376|32,114|1,432|
|||||||||Year Ended 5|Year Ended|
|---|---|---|---|---|---|---|---|---|---|
|||||||||April 2023|5 April 2022|
|||||||||E.||
|Net movement
in funds||||||||30,682|66|
|Deduct investment|income|||||||||
|Add back depreciation||||||||||
|Decrease/(increase)|in stocks|||||||(214)|9|
|Decrease/(increase)|in debtors|||||||(202)|(1)|
|Increase/(decrease)|in creditors|||||||74|(672)|
|Net cash used in operating||activities||||||30,340|(598)|
|Cash flows from|investment||activities:|||||||
|Interest||||||||||
|Purchase
of fixed assets||||||||||
|Net cash provided|by investing|||activities||||||
|Increase/(decrease)|in cash|and||cash equivalents||during|the year|30,340|(598)|
|Cash and cash equivalents||brought|||forward|||642|1,240|
|Cash and cash equivalents|||carried forward|||||30,982|642|
|1.Accounting
policies|||||||
|---|---|---|---|---|---|---|
|(a) Basis of preparation
and assessment
ofgoing concern|||||||
|The accounts
(financial statements)
have been prepared
under the historicalcost
convention
with items|||||recognised|at|
|cost or transaction
value unless otherwise
stated
in the relevant
notes to these accounts. The financial||||statements|||
|have been prepared
in accordance
with the Statement
of Recommended
Practice: Accounting
and Reporting
by Charities|||||||
|preparing
their accounts
in accordance
with the Financial
Reporting
Standard
applicable|in the UK and|||Republic of|||
|Ireland
(FRS102) and the Financial
Reporting
Standard
applicable
in the United
Kingdom|and||||||
|Republic of Ireland
(FRS102) and the Charities
Act 2011.|||||||
|The charity constitutes
a public benefit entity as defined
by FRS 102.|||||||
|The trustees consider that there are no material
uncertainties
about the charity's
ability|to continue|as||a|going concern.||
|(b) Funds structure|||||||
|Restricted funds are funds which are to be used
in accordance
with specific restrictions
trust deed. There are 2 restricted funds. '|imposed
by|the||donor or|||
|Unrestricted
income funds comprise those funds which the trustees
are free to use for any purpose||in|furtherance
of||||
|the charitable objects. Unrestricted
funds include designated
funds where the trustees,|at their discretion,
have||||||
|created a fund for a specific purpose.|||||||
|Further details of each fund are disclosed
in note 1S.|||||||
|(c) Income recognition|||||||
|All income
is recognised
once the chanty
has entitlement
to the income,
it is probable that the income||||will be|||
|received
and the amount of income receivable can be measured
reliably.|||||||
|Donations
are recognised
when the charity has been notified
in writing of both the amount
and settlement
date. In||||||the|
|event that a donation
is subject to conditions
that require
a level of performance
before|the charity|is|entitled to the||||
|funds, the income
is deferred
and not recognised
until either those conditions
are fully met, or the fulfilment
ofthose|||||||
|conditions
is wholly
within the control ofthe charity and it is probable that those conditions
will be||fulfilled
in the|||||
|reporting
period.|||||||
|Interest on funds
held on deposit
is included
when receivable
and the amount
can be measured
reliably||||by the charity;|||
|this is normally
upon notification
ofthe interest
paid or payable
by the bank. Dividends|are recognised|||once the|||
|dividend
has been declared
and notification
has been received ofthe dividend
due.|||||||
|(d) Expenditure
Recognition|||||||
|Liabilities are recognised
as expenditure
as soon as there
is a legal or constructive
obligation
committing|||||the charity|to|
|that expenditure,
it is probable that settlement
will be required
and the amount ofthe obligation
can|||be||measured||
|reliably.|||||||
|All expenditure
is accounted for on an aci;ruals basis. All expenses
including
support costs and governance|||||costs are||
|allocated or apportioned
to the applicable
expenditure
headings.
For more information|on this attribution||||refer to note||
|(f) below.|||||||
|(e) Irrecoverable
VAT|||||||
|Irrecoverable
VAT is charged against the expenditure
heading for which
it was incurred.|||||||
|(f) Allocation of support
and governance
costs|||||||
|Support costs have been allocated between
governance
costs and other support costs. Governance||costs|||comprise|all|
|costs involving
the public accountability
ofthe charity and its compliance
with regulation|and good|practice. These|||||
|costs include costs related to independent
examination
ad legal fees together
with an apportionment|||of||overhead||
|and support costs.|||||||
|Governance
costs and support costs relating to charitable
activities
have been apportioned
based on type ofexpense.|||||||
|The allocation
of support
and governance
costs is analysed
in note 8.|||||||
##
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##
##
|3.Donati|o|ns|
and|Legac|ie|s||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted||Restricted|Total Funds||Total Funds||
||||||||Year Ended|5|Year Ended 5|Year Ended|6|Year Ended||
||||||||April 2023||April 2023|April 2023||6 April|2022|
||||||||E||E|E||E||
|Donations|||||||1,750|||1,750|||10|
||||||||1,750|||1,750|||10|
|Previous|reporting|||period||||||||||
||||||||Unrestricted||Restricted|Total Funds||||
||||||||Year Ended|5|Year Ended 5|Year Ended|6|||
||||||||April 2022||April 2022|April 2022||||
||||||||E||E|E||||
|Donations||||||||10|||10|||
||||||||||||10|||
|4. Income||from charitable||||activities||||||||
||||||||Unrestricted||Restricted|Total Funds||Total Funds||
||||||||Year Ended|5|Year Ended 6|Year Ended|6|Year Ended||
||||||||April 2023||April 2023|April 2023||6 April|2022|
||||||||E||E|F||E||
|Restricted||grants:||||||||||||
|Arts Council|||England|||||||||13,237||
|National|Lottery Heritage||||Fund||||27,382|27,382||||
|Unresricted|||grants:|||||||||||
|Postlethwaite|||Music Foundation||||3,275|||3,275||||
|Granada|Foundation||||||||||||1,500|
||||||||3,275||27,382|30,657||14,737||
|Previous|reporting|||period||||||||||
||||||||Unrestricted||Restricted|Total Funds||||
||||||||Year Ended|6|Year Ended 5|Year Ended|6|||
||||||||April 2022||April 2022|April 2022||||
||||||||5||E|E||||
|Restncted||grants:||||||||||||
|Arts Council|||England||||||13,237|13,237||||
|Unresncted|||grants:|||||||||||
|Granada|Foundation||||||1,500|||1,500||||
||||||||1,500||13,237|14,737||||
|5. Income|fro|m|other trading
activities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Year Ended 6|Year Ended 5|Year Ended 6|Year Ended|
|||||April 2023|April 2023|April 2023|6 April 2022|
|||||E|E.|E|E|
|Rental Income||||150|||100|
|Workshop|& Fee||Income|2,025|||2,167|
|Merchandise||and|Shop Sales|759|||843|
|||||2,934||2,934|3,110|
|Previous|reporting||period|||||
|||||Unrestricted|Restricted|Total Funds||
|||||Year Ended 5|Year Ended 5|Year Ended 5||
|||||April 2022|April 2022|April 2022||
||||||F|||
|Rental Income||||100||100||
|Workshop|& Fee||Income|2,157||2,167||
|Merchandise||and|Shop Sales|843||843||
|||||3,110||3,110||
|6.Expenditure||||||||
||||Music||||
|---|---|---|---|---|---|---|
||||Technology||Year Ended 6|Year Ended|
||||Education||April 2023|5 April 2022|
||||||E|f|
|Expenditure|on raising funds:||||||
|Merchandise||||222|222|352|
|Website Costs||||292|292|262|
|||||514|514|614|
|Expenditure|on charitable|activities:|||||
|Freelance Fees|||1,900||1,900|11,011|
|Project Costs||||||144|
|Training||||||150|
|Honorariums||||200|200|279|
|Consultancy||||700|700||
|Travel Expenses||||||107|
|Artists Fees||||660|660|4,400|
|Rent & Room|Hire|||||258|
|PayPal Charges||||9|9|43|
|IT Costs||||6|6||
|Equipment
&|Rental|||163|163|187|
|Printing,
Postage and Stationery||||36|36|142|
|Depreciation|||||||
|Governance||||471|471|456|
||||4,|145|4,145|17,177|
|Other expenditure:|||||||
|Sundry|||||||
||||4,659||4,659|17,791|
|Unrestricted|funds||||3,459|4,135|
|Restricted
funds|||||1,200|13,656|
||||||4,659|17,791|
|The breakdow
below;|n
of|support co|sts and how these were a|llocated between
|governance
and|other support costs is shown|other support costs is shown|
|---|---|---|---|---|---|---|---|
||||General Support|Governance|Total 2023|Basis ofapportionment||
|Accountancy|Fees|||471|471|type of expense||
|||||471|471|||
|Previous
reporting||period||||||
||||General Support|Governance|Total 2022|Basis ofapportionment||
|Accountancy|Fees|||456|455|type of expense||
|||||455|456|||
|9.Analysis of|staff|costs||||||
|||||||Year Ended 6|Year Ended|
|||||||April 2023|6 April 2022|
|Wages and Salaries||||||||
|Redundancy||||||||
|Social Secunty Costs||||||||
|Pension Costs||||||||
|Chantable
activities||||||||
|Support costs||||||||
##
||||||||||||||||||||1|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|15.Analysis|||ofcharitable|||||funds||||||||||||
|Analysis||of|movements|||||in unrestricted||funds||||||||||
||||||||||||Balance|at 6||Incoming|Resources|||Balance|at 5|
||||||||||||April 2022||Resources||Expended|Transfers||April 2023||
||||||||||||f|||f|E|||f||
|General||Fund||||||||||238||7,959|(3,459)||||4,738|
|||||||||||||238||7,959|(3,459)||||4,738|
|Previous||reporting||period||||||||||||||||
||||||||||||Balance|at 6||Incoming|Resources|||Balance|at 5|
||||||||||||April 2021||Resources||Expended|Transfers||April 2022||
||||||||||||f|||E|E|||f||
|General|Fund|||||||||||(247)||4,620|(4,135)||||238|
|||||||||||||(247)||4,620|(4,135)||||238|
|Name of unrestricted||||||fund:|||||Description,
nature|||and purpose|ofthe fund|||||
|General|Fund||||||||||The "free|reserves"||after allowing|for all designated|funds||||
|Analysis||of|movements|||||in restricted|funds|||||||||||
||||||||||||Balance|at 6|Incoming||Resources|||Balance|at 5|
||||||||||||April 2022||Resources||Expended|Transfers||April 2023||
||||||||||||f||||f|||f||
|Arts Council|||England|||||||||1,194|||(1,194)|||||
|National||Lottery Hentage|||||Fund|||||||27,382|(6)|||27,376||
|||||||||||||1,194||27,382|(1,200)|||27,376||
|Previous||reporting||period||||||||||||||||
||||||||||||Balance|at 6|Incoming||Resources|||Balance|at 5|
||||||||||||April 2021||Resources||Expended|Transfers||April 2022||
||||||||||||E|||f|E|||f||
|Arts Council|||England|||||||||1,613||13,237|(13,656)||||1,194|
|||||||||||||1,613||13,237|(13,656)||||1,194|
|Name of||restricted|||fund:||||||Description,
nature|||and purpose|ofthe fund|||||
|Arts Council|||England||||||||for the Electric Storm|||Prolect||||||
|16.Analysis|||of net||assets between||||funds|||||||||||
||||||||||||Unrestricted||Designated||Restricted|||||
||||||||||||funds|||funds|funds|Tots|I 2023|||
|Fixed Assets||||||||||||||||||||
|Cash at bank|||and|in|hand||||||3,606||||27,376||30,982|||
|Other net||current||assets/(liabilities)||||||||1,132|||||1,132|||
|Total|||||||||||4,738||||27,376||32,114|||
|Previous||reporting||penod||||||||||||||||
||||||||||||Unrestricted||Des igna ted||Restricted|||||
||||||||||||funds|||funds|funds|Total|2022|||
|Fixed Assets||||||||||||||||||||
|Cash at bank|||and|in|hand||||||(1,272)||||1,914||642|||
|Other net||current||assets/(liabilities)||||||||1,510|||(720)||790|||
|Total||||||||||||238|||1,194||1,432|||