REGISTERED CHARITY NUMBER: 1176649
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2022
for
Greenwich Music School Trading as Greenwich Music School
Finsbury Robinson Limited 237 Westcombe Hill Blackheath London SE3 7DW
Greenwich Music School Trading as Greenwich Music School
Contents of the Financial Statements for the Year Ended 31 August 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 18 |
| Detailed Statement of Financial Activities | 19 to 20 |
Greenwich Music School Trading as Greenwich Music School
Report of the Trustees for the Year Ended 31 August 2022
Our mission is to enable creative, artistic and personal growth through music education, for the people of Greenwich and surrounding areas by delivering and developing high quality music education for all.
We address the lack of sustained, holistic music education provision which offers opportunities to progress and fulfil potential.
We work with all ages, from babies to adults, welcoming all members of the general public. Our Bursary Fund supports beneficiaries suffering financial hardship which would otherwise severely limit their access to music education.
Each year GMS benefits over 2200 people of all ages living in and around Greenwich. We have a staff team of one full-time plus three part-time, plus thirty-two professional self-employed music teachers working between 1-3 days per week.
Our programme is carefully designed to provide access, quality and progression, and to address the wide variety of needs at many levels of age and ability. We provide:
o Instrument / singing lessons, for beginners to advanced level
o Early years music making for ages 0-5 and parents/carers
o Courses to make music together and learn about music, including bands, choir and music writing classes
o Workforce development through professional training & CPD for teachers, GMS teacher network, teacher training
o London Conducting Academy, nurturing early career professionals in one of Europe's leading conductor courses
Future plans
During the next year we plan to consolidate and grow our activity using the significantly increased capacity of our new premises at The Stables, reaching out to new areas and building partnerships to serve more communities in Greenwich and South-East London.
We will continue to build our relationships and partnerships with other organisations, particularly in the local area, working to strengthen connections with diverse communities, support and improve music education in existing settings and networks, and to leverage support and funding to further our work and vision.
During a period that looks set to continue turbulent and challenging financially, both for households and organisations, Greenwich Music School will continue to enhance its resilience, responsibly investing in our growth and remaining efficient and agile to face each challenge.
Review of the year
The Stables, Charlton
Page 1
Greenwich Music School Trading as Greenwich Music School
Report of the Trustees for the Year Ended 31 August 2022
Greenwich Music School continued to flourish in this fifth year since our foundation, building an ever-growing musical community which began to outgrow our premises. With venue space for one-to-one lessons full and new enquiries continuing to arrive daily, we developed an expansion plan to invest in additional premises so that we can grow our programme of activity.
A beautiful space at The Stables, Charlton House became available, and we worked to set up a new teaching centre at this location. This set-up work is ongoing, and includes refurbishment works to improve accessibility, education capabilities and efficiency. The building is historic and Grade 1 listed, so particular care is needed with any changes.
An expansion allows us to consolidate for the first time group teaching, one-to-one lessons and a small office in one contained venue. More opportunities will be created for learners to feel greater belonging to our artistic community, for teachers to share ideas and best practice, and for executive, office and teaching teams to keep more in touch and build the organisational culture and quality standards.
The investment in premises increases our fixed room capacity by around 100%, allowing us to serve a significantly larger community from across Greenwich, South East London and beyond.
Access and community
During the year we supported over 60 students and families through our Bursary Fund, including 51 young people who received ongoing long term support towards lesson fees having demonstrated consistently good engagement, effort and attendance, as well as ongoing financial need. We developed our marketing and organisational relationships to reach ever more of those facing barriers to accessing high quality music education.
We worked with Young Greenwich, the youth service delivered by Charlton Athletic Community Trust (CACT) on behalf of the Royal Borough of Greenwich, to run creative band, song-writing and guitar workshops at Valley Central Youth Club, The Valley football stadium as part of the borough youth service Young Greenwich holiday programme "Futureversity Summer 2022". There was no charge to attend the sessions, which were for young people who live, work or study in Greenwich.
In May we took part in a local community day organised by Charlton & Blackheath Amateur Horticultural Society in the grounds of Charlton House. We held mini-sessions to explore everyday music-making with the local community, including instrument-making and singing.
Mindful of our mission for the public benefit and amidst a challenging financial environment with increased cost of living and inflation at 8%, we took the decision to protect our community of learners and increase lesson fees by just 3%, challenging our organisation to be ever more efficient and prudent. We were delighted that several members of the community came forward to join our Amici friends scheme, supporting GMS through a monthly donation.
Saturday creative bands programme
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Greenwich Music School Trading as Greenwich Music School
Report of the Trustees for the Year Ended 31 August 2022
Responding to input from young people, as well as parents and teachers, and following pilot courses in school holidays, we launched a Saturday rock, pop and songwriting programme which includes band classes, a songwriting workshop, music theory, and instrument lessons for young people - both beginners and more experienced players.
The programme takes place in the well-equipped music department of Thomas Tallis School, a large comprehensive school in Kidbrooke. The students gave their first performances at our Spring term concert at Mycenae House and were well received.
We will continue to evolve and reshape this programme in response to the needs of young people in different communities across the area, both those who have already joined, and those who are not yet part of it.
Awards and recognition
We were thrilled to win the Tourism and Culture Award at the Best of Royal Greenwich Business Awards 2021, which took place on 22nd October at the InterContinental O2 hotel.
Royal Borough of Greenwich council received 235 applications for the 9 award categories. Judges were impressed by our inclusive, agile and resilient response to the pandemic and our award category was sponsored by Visit Greenwich and the O2. This award recognises our position as a leading cultural organisation in the area.
Greenwich Music School was shortlisted for the award for Excellence in Primary / Early Years at the prestigious Music & Drama Education Awards 2022, which took place at the Marriott Grosvenor Square, London, on March 23rd 2022. Our category was sponsored by Classic FM, along with headline sponsor Casio.
Our shortlisting was for our project 'Musical Beginnings' which developed a partnership and programme to increase music-making in the first year for babies. It is designed and directed by the Principal, Bethan Scolding and was funded by Youth Music.
Early Years music in the community
The second phase was completed of our flagship early years music project, Music Beginnings, in partnership with Quaggy Development Trust (QDT) and funded by Youth Music to improve access and grow sustained music-making opportunities for the 0-5s in Greenwich.
We delivered: o 25 parent & baby sessions for 0-1 year olds o 200 songbooks and shakers with accompanying online videos o Ukulele tuition for 11 QDT staff o Music-leader mentoring at Quaggy nursery o Training in children's musical play (Jane Parker, TakeArt), for QDT and GMS teams o Embedded workforce development - skill sharing, journaling, team reflection
Page 3
Greenwich Music School Trading as Greenwich Music School
Report of the Trustees for the Year Ended 31 August 2022
Our partnership with QDT to deliver sessions through QDT children's centres helped us to reach families facing significant economic barriers to music education, with these centres each serving different areas of significant economic deprivation (according to the ONS Index of Multiple Deprivation).
Structured impact monitoring demonstrated that the project grew QDT staff skills to initiate musical interactions with babies and children; to scaffold and support babies' and children's musical play; and to spot opportunities to interact musically with babies and children.
By creating opportunities for parents/carers to learn about baby's musical development, and enjoy making music with their baby, the project grew parent/carer confidence to interact musically with their baby, and to explore music at home with their baby.
Workforce development
Aware of a skills gap in the market, we set up an apprenticeship scheme for group music leaders. After an open recruitment process two apprentices were successful and joined us for a programme of hands-on training and learning during the summer term, led by our Principal. A realistic level of reimbursement ensured that financial background was not a barrier for this opportunity.
We continued to grow our Teacher Network, connecting teachers across South East London working in every music education context.
Fundraising
In October we were delighted to receive a grant of £18,000 from Foyle Foundation, one of the UK's leading arts and education trusts. The grant was awarded towards core costs and to support and strengthen provision of music learning opportunities in deprived areas of Greenwich, Lewisham & South East London. GMS is sincerely grateful to Foyle Foundation for this support.
Following generous support from Orinoco Foundation for our Bursary Fund of $10,000 (USD) in each year 2020 and 2021, the foundation gave $20,000 this year. This significantly increases our ability to provide subsidised places and thus to increase access to high quality music education.
We were selected as one of three local causes for support through the Co-op Local Community Fund, with Co-op members country-wide able to choose GMS as their cause, to receive 2p for every pound spent on Co-op goods for one year from late October. Our community and wider supporters raised over £990 by the end of August, with at least as much again expected by the time our place finishes, in October 2022. The money raised goes to our Bursary Fund.
GMS were very pleased to be drawn in the August 2021 lottery draw at the Arnold Clark Community Fund, winning £1000 for our Bursary Fund.
Through supportive facilitation from Royal Borough Greenwich we were awarded government funding in the form of £10,000 through the Business Resilience Grant Scheme, and £2,667 through the Omicron Hospitality and Leisure Grant.
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Greenwich Music School Trading as Greenwich Music School
Report of the Trustees for the Year Ended 31 August 2022
To help foster ongoing support from those members of our community able to give monthly, we launched our 'Amici' friends scheme at the Autumn term student platform concerts in December. The scheme is designed with different tiers, each illustrated with examples of the type of activity it could support.
Strategic priorities
The board and senior leadership worked on plans for our next steps to further access and diversity throughout our provision, with a review planned during late 2022 of our current approach and activity.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, the Constitution of Greenwich School, and is a Charitable Incorporated Organisation ( Foundation structure) whose only voting member are its charity trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1176649
Principal address
Vanbrugh Studio 137 Vanbrugh Hill Greenwich London SE10 9HP
Trustees
L Beveridge R Hill S Stockley Y Zheng B Rous
Independent Examiner
Finsbury Robinson Limited 237 Westcombe Hill Blackheath London SE3 7DW
Approved by order of the board of trustees on 1 March 2023 and signed on its behalf by:
Trustee
Page 5
Independent Examiner's Reportto the Twstees of Greenwich Music School Independent examlnerfs report to the trustees of Greenwich Muslc School I report to the charlty trustees on my examination of the accounts of Greenwich Musie Sthool (the Trust for the year ended 31 August 2022. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparatlon of the accounts In accordance wlth the requlremenis of the Charltles Act 20111'the Act'l. I report In respect of my examlnatlon of the Trust's accounts carrled out under sectlon 145 of the Act and In carrylng out my examination I have followed all applicable Direction5 given by the Charity Commission under sectlon 14515llbl of the Act. Independent examlner's Statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listèd body. I can conflrm that l am quallfled to undertake the examlnatlon because l am a reglstered member of _ whlch Is one of the Ilsted bodles. I have completed my examlnation, I confirm that no material maiters have ¢ome to my attentlon In connectlon wlth the examinatlon glving me cause to belleve that In any materlal respect.. accountlng records were not kept In respeci of the Trust as requlred by sectlon 130 of the Act,. or the account5 do not accord wlth those records,. or the accounts do not comply wlth the appllcable requlrements concernlng the form and content of accounts set out In the Charitles (Account5 and Reports) Regulatlons 2008 other than any requlrement that the accounts 8lve a true and falr vlew whlch Is not a matter consldered as part of an independent examlnatlon. I have no con¢erns and have come acr055 no other matters in connection with the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandln8 of the accounts to be reached. Darren Franks BA FCCA Finsbury Robinson Limited 237 Westcombe Hill Blackheath London SE3 7DW l March 2023 Page 6
Greenwich Music School Trading as Greenwich Music School
Statement of Financial Activities for the Year Ended 31 August 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 363,324 EXPENDITURE ON Raising funds 2 12,315 Charitable activities Tuition 354,767 Other 480 Total 367,562 NET INCOME/(EXPENDITURE) (4,238) RECONCILIATION OF FUNDS Total funds brought forward 38,519 TOTAL FUNDS CARRIED FORWARD 34,281 |
Restricted funds £ 18,934 - 20,911 - 20,911 (1,977) 11,125 9,148 |
31.8.22 Total funds £ 382,258 12,315 375,678 480 388,473 (6,215) 49,644 43,429 |
31.8.21 Total funds £ 305,312 |
|---|---|---|---|
| 21,059 259,802 3,166 |
|||
| 284,027 | |||
| 21,285 28,359 |
|||
| 49,644 |
The notes form part of these financial statements
Page 7
Greenwich Music School Trading as Greenwich Music School
Balance Sheet 31 August 2022
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 5 50,205 CURRENT ASSETS Debtors 6 19,648 Cash at bank and in hand 73,956 93,604 CREDITORS Amounts falling due within one year 7 (46,583) NET CURRENT ASSETS 47,021 TOTAL ASSETS LESS CURRENT LIABILITIES 97,226 CREDITORS Amounts falling due after more than one year 8 (62,945) NET ASSETS 34,281 |
Restricted funds £ - - 9,148 9,148 - 9,148 9,148 - 9,148 |
31.8.22 Total funds £ 50,205 19,648 83,104 102,752 (46,583) 56,169 106,374 (62,945) 43,429 |
31.8.21 Total funds £ 53,003 10,679 107,415 118,094 (27,954) 90,140 143,143 (93,499) 49,644 |
|---|---|---|---|
The notes form part of these financial statements
continued...
Page 8
Greenwich Music School Trading as Greenwich Music School
Balance Sheet - continued 31 August 2022
| FUNDS 10 Unrestricted funds: General fund Restricted funds: Bursary Fund Youth Music Fund Postlethwaite Fund TOTAL FUNDS |
34,281 7,773 - 1,375 9,148 43,429 |
38,519 4,639 5,111 1,375 |
|---|---|---|
| 11,125 | ||
| 49,644 |
The financial statements were approved by the Board of Trustees and authorised for issue on 1 March 2023 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
Page 9
Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements for the Year Ended 31 August 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance Computer equipment - 33% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
1. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. RAISING FUNDS
Raising donations and legacies
| Support costs Investment management costs Property repairs Interest payable and similar charges Aggregate amounts |
31.8.22 £ 3,766 31.8.22 £ 1,226 4,575 5,801 12,315 |
31.8.21 £ 15,681 |
|---|---|---|
| 31.8.21 £ 273 5,105 5,378 21,059 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
continued...
Page 11
Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 239,382 EXPENDITURE ON Raising funds 21,059 Charitable activities Tuition 187,225 Other 3,166 Total 211,450 NET INCOME/(EXPENDITURE) 27,932 RECONCILIATION OF FUNDS Total funds brought forward 10,587 TOTAL FUNDS CARRIED FORWARD 38,519 |
Restricted funds £ 65,930 - 72,577 - 72,577 (6,647) 17,772 11,125 |
Total funds £ 305,312 |
|---|---|---|
| 21,059 259,802 3,166 |
||
| 284,027 | ||
| 21,285 28,359 |
||
| 49,644 |
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
5. TANGIBLE FIXED ASSETS
| COST At 1 September 2021 Additions At 31 August 2022 DEPRECIATION At 1 September 2021 Charge for year At 31 August 2022 NET BOOK VALUE At 31 August 2022 At 31 August 2021 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors |
Fixtures and Computer fittings equipment £ £ 49,946 31,230 - 16,807 49,946 48,037 9,383 18,790 4,056 15,549 13,439 34,339 36,507 13,698 40,563 12,440 31.8.22 £ 17,830 1,818 19,648 |
Totals £ 81,176 16,807 |
|---|---|---|
| 97,983 | ||
| 28,173 19,605 |
||
| 47,778 | ||
| 50,205 | ||
| 53,003 | ||
| 31.8.21 £ 1,123 9,556 |
||
| 10,679 |
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 9) Trade creditors Taxation and social security Other creditors 8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 9) 9. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank loans Amounts falling between one and two years: Bank loans - 1-2 years Amounts falling due between two and five years: Bank loans - 2-5 years |
31.8.22 £ 30,554 10,924 1,744 3,361 46,583 31.8.22 £ 62,945 31.8.22 £ 30,554 48,139 14,806 |
31.8.21 £ 25,113 300 866 1,675 |
|---|---|---|
| 27,954 | ||
| 31.8.21 £ 93,499 |
||
| 31.8.21 £ 25,113 |
||
| 30,554 | ||
| 62,945 |
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
10. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Bursary Fund Youth Music Fund Postlethwaite Fund TOTAL FUNDS |
Net movement At 1.9.21 in funds £ £ 38,519 (4,238) 4,639 3,134 5,111 (5,111) 1,375 - 11,125 (1,977) 49,644 (6,215) |
At 31.8.22 £ 34,281 7,773 - 1,375 |
|---|---|---|
| 9,148 | ||
| 43,429 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund The Foyle Foundation Restricted funds Bursary Fund Youth Music Fund TOTAL FUNDS |
Incoming resources £ 345,324 18,000 363,324 17,963 971 18,934 382,258 |
Resources Movement expended in funds £ £ (349,562) (4,238) (18,000) - (367,562) (4,238) (14,829) 3,134 (6,082) (5,111) (20,911) (1,977) (388,473) (6,215) |
|---|---|---|
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.9.20 £ Unrestricted funds General fund 10,587 Restricted funds Bursary Fund - Youth Music Fund 8,736 Postlethwaite Fund 1,375 Restricted 7,661 17,772 TOTAL FUNDS 28,359 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 239,382 Restricted funds The Social Enterprise Support Fund (UnLtd) 39,245 Bursary Fund 15,685 Youth Music Fund - Restricted 11,000 65,930 TOTAL FUNDS 305,312 |
Net movement At in funds 31.8.21 £ £ 27,932 38,519 4,639 4,639 (3,625) 5,111 - 1,375 (7,661) - (6,647) 11,125 21,285 49,644 Resources Movement expended in funds £ £ (211,450) 27,932 (39,245) - (11,046) 4,639 (3,625) (3,625) (18,661) (7,661) (72,577) (6,647) (284,027) 21,285 |
|---|---|
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Bursary Fund Youth Music Fund Postlethwaite Fund Restricted TOTAL FUNDS |
Net movement At 1.9.20 in funds £ £ 10,587 23,694 - 7,773 8,736 (8,736) 1,375 - 7,661 (7,661) 17,772 (8,624) 28,359 15,070 |
At 31.8.22 £ 34,281 7,773 - 1,375 - |
|---|---|---|
| 9,148 | ||
| 43,429 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund The Foyle Foundation Restricted funds The Social Enterprise Support Fund (UnLtd) Bursary Fund Youth Music Fund Restricted TOTAL FUNDS |
Incoming resources £ 584,706 18,000 602,706 39,245 33,648 971 11,000 84,864 687,570 |
Resources Movement expended in funds £ £ (561,012) 23,694 (18,000) - (579,012) 23,694 (39,245) - (25,875) 7,773 (9,707) (8,736) (18,661) (7,661) (93,488) (8,624) (672,500) 15,070 |
|---|---|---|
continued...
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Greenwich Music School Trading as Greenwich Music School
Notes to the Financial Statements - continued for the Year Ended 31 August 2022
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2022.
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Greenwich Music School Trading as Greenwich Music School
Detailed Statement of Financial Activities for the Year Ended 31 August 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Tuition Fees Bank Interest Total incoming resources EXPENDITURE Other trading activities Purchases Investment management costs Property repairs Bank loan interest Interest Paid Charitable activities Wages Sub Contractors Pensions Room Hire Light and heat Depreciation of tangible fixed assets Grants to individuals Other Staff Training |
31.8.22 £ - 49,601 332,650 7 382,258 382,258 933 1,226 - 4,575 5,801 44,602 216,044 1,085 52,951 3,469 19,605 14,829 352,585 480 |
31.8.21 £ 3,000 62,930 239,382 - |
|---|---|---|
| 305,312 | ||
| 305,312 - 273 5,105 - |
||
| 5,378 44,906 146,941 798 24,453 2,656 14,573 11,046 |
||
| 245,373 1,546 |
This page does not form part of the statutory financial statements
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Greenwich Music School Trading as Greenwich Music School
Detailed Statement of Financial Activities for the Year Ended 31 August 2022
| Support costs Management Advertising Finance Other operating leases Bank charges Other Insurance Telephone Postage and stationery Sundries Cleaning Computer Costs Other 2 Travelling Governance costs Accountancy and legal fees Total resources expended Net (expenditure)/income |
31.8.22 £ 3,766 735 99 834 1,376 1,326 1,168 1,119 3,505 9,080 17,574 320 6,180 388,473 (6,215) |
31.8.21 £ 15,591 780 3,142 |
|---|---|---|
| 3,922 923 887 246 620 3,440 4,278 |
||
| 10,394 203 1,620 |
||
| 284,027 | ||
| 21,285 |
This page does not form part of the statutory financial statements
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