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2021-08-31-accounts

Summary ofthe main
achievements
ofthe charity
during the year
Summary ofthe main
achievements
ofthe charity
during the year
As for many charities, our financial year Sept 2020-Aug 2021 has been
very challenging.
Due to Covid-19 some ofour work was not able to proceed as usual or
was restricted.
That being said, we managed
to hold the majority ofour
face to face rehearsals
and were able to perform a concert at the
Menuhin
Hall (with reduced
audience
numbers).
Unfortunately,
we were not able to perform
in care homes this season as
part ofour outreach
programme,
but kept in contact with them by live
streaming
our concert on our new youtube
channel as well as creating
an
online Christmas
carol advent calendar
all through
December which was
well received.
We welcomed
new players to the orchestra this season and provided
bursaries Ifinancial support to frve players,
thus supportirrg
their musica(
education
and opportunities
The NYHO Charitable
Trust's policy on reserves is to maintain a
Brief statement ofthe sufficient
level ofoperational
reserves. As a relatively
new Charity, we
charity's policy on reserves are looking to build our reserve position, to enable us to meet our
financial
liabilities
in terms ofstaff costs, contractual
commitments
such
as venue hire, and overheads
for a period of 12months
in the unlikely
event ofa temporary
drop orcessation ofincome. in so doing, this wiii
enable us to continue
our activities to bring harp music to the attention
of
the wider public,
in particular
concerts and tours, and our outreach
programme,
and to enable us to operate effectively
in this activity.
COVID-19 restdctions
have inevitably
significantly
impacted
our activities,
but our reserve position has fortunately
enabled
us to maintain
our
activities, where these have been possible, and we look forward to re-
commencin
our concert and our outreach
ro ramme when we are

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tout—;3 Unrestricted
funds
Restricled
funds
Endowment
funds
B1Cash funds Main Account, 310821 to nenntat R to nannetR lonearest R
Tour Account, 310821 16,333
Tofal cash funds 47r666
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account(a))
Unresbicted Restricted Endowment
B2Other monetary assets Details funds
to nuamat R
to funds
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funds
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BSInvestment assets Details Fund towhich
asset bolo
Cost (optional) Current value
B4Assets retained forthe Details Fund lowhkh
asset baton
Cost (unsound Cunent value
o
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charity's
own use
86Liabilities Detatis Fund towinch
liabu'
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Amount dua
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0
Signed by one ortwo trustees on
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CCXXR2 accounts (SS)