2022-04-05-accounts - Music In Felixstowe

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Music In Felixstowe Annual Report 2021 – 2022

Having successfully relaunched the live concerts in May 2021 we put on regular concerts on a twice monthly basis with the exception of January 2022. After the New Years day concert it was felt to be sensible to leave the rest of the month clear as there was an imminent threat of another period of lockdown. Since then the regular pattern of concerts ensued including a student series in the summer.

After a slow start audience figures crept up. Fears for an open air rehearsal and music event on August 8[th] being a complete wash out were realised, but the Ferry Sailing Club came to the rescue and a very successful event was held, with many club members enjoying the free event: Oompah Band, Orchestra and Community Choir. We had heard around this time that we had been awarded a grant from a council member which helped with the costs.

Other concerts during the summer and autumn were well received by those who came, but there was still a reluctance amongst some to come to events despite our trying hard to achieve distancing and over all safety. At the quartet concert on Sunday 28[th] November some people who attended had not been out for 2 years! Needless to say, they were delighted.

Funding has been good. Including the grant aforementioned, at least 2 concerts were paid for in memory of loved ones. The Friends continued giving us money and we received various other donations including one from the winding up of the Recorded Music Society.

Despite the healthy bank balance we desperately needed help with funding. Anna Cordon, who offered help, regularly sent funding ideas and through one of these we were lucky enough to get the councilor’s grant.

For a short time we had a young graduate helping with advertising and publicity and other organizational work to whom we paid a small sum. Unfortunately for us he found a full time job with an orchestra, but it might be worth looking into for the future as there are schemes to get young graduates into work.

Publicity is a major issue and Trustee Adrian Shave has helped out with this.

All the concerts given at St John’s church were live streamed. The vicar there is very supportive and it spreads the word about what we are doing. However we hope that live audience numbers will continue to increase over the next year as we rely heavily on ticket sales.

We finished the year with a very healthy bank balance but with several free initiatives planned throughout the summer we will have to work hard to maintain this state of affairs.

Harriet Bennett - artistic director

`CHARITYCOMMISSI.N`	`CHARITYCOMMISSI.N`		`MUSICINFELIXSTOWE`		`1166786`
`FORENGLANDANDWALES`
		`Receiptsandpaymentsaccounts`							`cctea`
		`Fortheperiod`	`06/04/2021`	`To`	`05/04/2022`
		`from`
`SectionA Receiptsandpayments`
		`Unrestricted` `funds`	`Restrictedfunds`	`Endowment` `funds`	Totalfunds				5year
		`tothenearest`	tott«rearest	`totherarest£`	tothenearest				totterearest£
A1Receipts
0 Take		12,265			12,265
^nations		10,362			10.362				10.934
GiftAidIncome		786					786		851
GrantsR«e!ed		1,640				1,640			600
Subtotal(GrossincomeforAR)		25,053			25,053				12.385
Α2Assetandinvestment	sales,
(seetable).
	Subtotal
]Totalreceipts 25,053					25,053				12,385
A3Payments
MusicianFees		18,460			18.460				16,200
OtherincertCosts		958					958
HireofVenue		1,545				1,545			605
AdvertisingandProTOtionalCosts		183					183
KstribulionCosts
Catering		418					418		53
Accountancy		300					300		300
Statione^									139
VolunteerGifts		37					37
Postage									205
Scores/MusicPurchase
Insurance		92					92		81
Sund^		135					135		73
Brochures
PianoTuning									80
Administrator
Printing		127					127		22
AccomTOdation
InstmmentRepaire
	Subtotal	22,256			22.256				17,758
A4AssetandInvestment
purchases,(seetable)
	Subtotal
Totalpayments\|	22,256	t	](	22,256			I	17,758
WeofreceiptsĄpayments) Α5Transferebetweenfunds Α6Cashfundslastyearend Cashfundsthisyearend		2,798 1,346 4,144	I		798,5,374 1,346 4,144 1,346

			Unrestricted	Restrictedfunds	Restrictedfunds	Endowment
Categories	Detal!s		funds tonearest£		tonearest£	funds nearest£
B1Cashfunds	SantanderBusiness	BankAccount	3,1
	CashonHand		757
		TotaJcasbfunds	4.144
			Unrestricted	Restrictedfunds		Endowment
			funds			funds
	Details		to«arest£		to«arest£	torearest£
Β2Othermonetaryassets	GiftAid^nationsRece!vable		715
			Fundtowhichasset			Currentvat«
	Details		tel-		Cost(optional)	(optional)
ВЗInvestmentassets
			Fundtowhichasset			CurreTTtval«
	Details		t»l—		Cret(optlo«l)	(floral)
Β4Assetsretainedforthe	BoudoirGrandPiano		Unrestricted			1,50.
charity’sownuse	Cello		Unrestricted			12,000
	Violin		Unrestricted			1,200
	Violin		Unrestricted			500
			Fu^towWch		AmMjntd«	-nd«
	Details		liabilityrelates		(^iwal)	(.1^1)
Β5Liabilities	AccountancyFee		Unrestrict^		330
Signedbyoneor tnjsteeson bebatfofallthet^stees	sgnature		PrintName			Dateofapproval
	ιίΛ ^+ ύΛτ . . .bi тшш					)6

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ MUSIC IN FELIXSTOWE members of On accounts for the year 5 APRIL 2022 Charity no 1166786 ended (if any) Set out on pages Pages 1 to 2 Headed: Section A Receipts and Payments and Section B Statement of assets and liabilities at the end of the period.

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2022.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Signed: Date: 27 September 2022 Name: Peter Ellington Relevant professional FAIA qualification(s) or body (if any): Address: Triple Bottom Line Accounting Ltd The Enterprise Centre, University of East Anglia, Norwich. NR4 7TJ

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of No significant disclosures are necessary. any items that the examiner wishes to The records consist of books of accounts and summarised accounts for Music disclose . In Felixstowe. As part of this year’s work we reproduce the final accounts using the underlying records. Suggestions were made in the previous year to make the book keeping process easier for those responsible for the job. These suggestions included a new book keeping template and the suggestion to minimise the use of cash when making purchases or settling supplier invoices. Some of these suggestions were taken on board. The charity continues to deal largely in cash due to the nature of its activities however has recently invested in technology to accept card payments.

October 2018

IER