## **The Waverley Ensemble** 

Registered Charity 1181014 in England and Wales 

## **Annual accounts** 

||**Annual accounts**||||
|---|---|---|---|---|
||**1 January – 31 December 2023**||||
|**2022**|||**2023**||
||**Events: Concerts, Competition Rounds and Masterclasses**|**Income**|**Expenditure**|**Surplus**|
|£1,279.50|Ticket sales including refreshment|£567.89|||
|£300.00|Sponsorship and donations|£20.00|||
||_less_||||
|£1,728.96|Musicians fees and expenses||£1,778.01||
|£145.00|Premises hire and instrument hire||£230.00||
|£275.00|Refreshments, programmes and miscellaneous costs|£100.00|£90.00||
|**-£569.46 **|**Totals**|**£687.89**|**£2,098.01**|**-£1,410.12**|
||**IYOB Project - See Note 1**||||
|£3,566.00|Fees received for students|£8,485.00|||
||Sponsorship and donations||||
||_less_||||
|£525.79|Musicians fees and expenses||£500.00||
|£520.00|Premises hire and instrument hire||-£200.00||
|£1,526.94|Miscellaneous costs, travel, advertising,||£8,305.00||
|**£993.27 **|**Totals**|**£8,485.00**|**£8,605.00**|**-£120.00**|
||**String Competition - See Note 2**||||
|£700.00|Entry fees|£1,000.00|||
||Sponsorship of prizes||||
||Advertising income||||
||Programme sales||||
||_less_||||
||Prizes||£2,060.00||
|£390.00|Judges fees||£724.75||
|£217.00|Miscellaneous||£1,000.00||
|**£93.00 **|**Totals**|**£1,000.00**|**£3,784.75**|**-£2,784.75**|
||**Other income**||||
|£0.00|Paid engagements|£0.00|||
|£1,617.16|Donations|£3,878.33|||
||Grants|£500.00|||
|£197.42|Gift aid|£535.69|||
||Miscellaneous incl advertising||||
||Conversion of loans from previous years to gifts|£0.00|||
|**£1,814.58 **|**Totals**||||
||**Other expenditure**||||
||Publicity and Advertising||£0.00||
|£153.44|Insurance||£297.44||
|£122.00|Telephone and Internet||£268.80||
|£148.29|Bank charges||£74.58||
|£170.00|Office and miscellaneous||£144.00||
|**£593.73 **|**Totals**|**£4,914.02**|**£784.82**|**£4,129.20**|
|**£7,660.08 **|**Total income**|**£15,086.91**|||
|**£5,922.42 **|**Total expenditure**||**£15,272.58**||
|**£1,737.66 **|**Surplus**|||**-£185.67**|
||**Balance Sheet at 31 December 2023**||||
||**General fund**||||
||Balance at 1 January 2023|£8,790.73|||
||Surplus for year|-£185.67|||
||**Total**|||£8,605.06|
||**Total funds (unrestricted)**|||**£8,605.06**|
||Represented by:||||
||**Assets**||||
||**Cash at bank**||||
||HSBC|£20,751.26|||
||PayPal|£0.00|||
||**Total**|£20,751.26|||
||Debtors  (Printed programmes for March concert)|£385.80|||
||**Liabilities (creditors)**||||
||Payments received in advance for IYOB project - See Note 1|-£12,532.00|||
||Amounts falling due in less than one year||||
||Amounts falling due after one year||||
||Total|£8,605.06|||
||**Total net assets at year end**|||**£8,605.06**|
||Accounts prepared on accruals basis||||
||Note 1: The IYOB Project is spread over several years with occasional major donations,||||
||phased payments from participants, regular tutorials, and the main expenditure expected in||||
||2024. Expenditure is entered in the year that it occurs. Any excess of donations over||||
||expenditure in each year is rolled forward to the following year until the project is completed.||||



Note 2: Income and expenditure are recorded on the date when they occur irrespective of the date of the competition itself 

R J Horrocks Treasurer Date: 15 January 2024