2022-08-31-accounts

Contents	Pages
Trustees' Annual Report	1to3
Reference &Administrative Information
Independent Examiner's Report
Statement of Financial Activities
Balance sheet
Notes to the financial statements	8to 17

			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
		Note	E	F		E
Income from:
Donations and legacies			161,154		161,154	60,609
Received from previous	charity					16,620
Charitable activities			446,538		446,538	207,093
Investments			15		15	26
Total income			607,707		607,707	284,348
Expenditure on:
Raising funds						1,920
Charitable activities		4	460,698		460,698	223,813
Transfer ofassets		17				64,174
Total expenditure			460,698		460,698	289,907
Net income/(expenditure)			147,009		147,009	(5,559)
Transfers between funds		14	50,000	(50,000)
Net movement in funds			197,009	(50,000)	147,009	(5,559)
Total funds at start ofyear		14	16,563	50,000	66,563	72,122
Total funds at end ofyear		14	213,572		213,572	66,563

					2022	2021
				Note		6
Fixed assets
Tangible assets				10	59,338	1,858
Investments				11	1	1
					59,339	1,859
Current assets
Debtors				12	12,511	19,507
Cash at bank and	in	hand			335,590	180,591
					348,101	200,098
Liabilities
Creditors: Amounts		falling
due within one	year			13	(193,666)	(135,394)
Net current assets					154,233	64,704
Total assets less	current		liabilities		213,572	66,563
Net assets					213,572	66,563
Funds
Unrestricted funds				15	213,572	16,563
Restricted funds				15		50,000
Total funds					213,572	66,563

Income from: Donations and legacies
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
	6	6	6	6
Donations	146,227		146,227	7,375
Grants received from government	6,011		6,011	49,336
Other income	8,916		8,916	3,898
	161,154		161,154	60,609

Income from:	Charitable activities
		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2022	2021
		F	F	6	F
Course fees		405,698		405,698	193,661
Events		17,667		17,667	3,115
Room hire		23,122		23,122	10,317
Miscellaneous	sales	51		51
		446,538		446,538	207,093

				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2022	2021
				8	8	f	8
Direct costs
Materials for	classes			23,793		23,793	10,799
Class tutors'	fees			168,941		168,941	92,279
Choir				2,712		2,712	1,478
Events costs				20,496		20,496	6,262
Grants made							195
Prospectus				3,290		3,290	3,907
Licences				1,957		1,957	2,155
Direct salary	costs			74,433		74,433	19,677
Support costs
Premises costs				15,290		15,290	4,902
Computer and software				14,975		14,975	13,526
Cleaning &repairs				39,223		39,223	17,940
Admin salaries				44,291		44,291	22,219
Office costs				7,591		7,591	5,813
Office equipment		rental		7,040		7,040	5,924
Heat & light				15,631		15,631	8,451
Bank charges				9,173		9,173	4,365
Depreciation				1,487		1,487	92
Sundry expenditure				1,229		1,229	1,015
Professional	fees			4,362		4,362	859
Accounting fees				2,984		2,984	317
Governance	costs
Independent	examiner's		fees	1,800		1,800	1,638
				460,698		460,698	223,813

Independent	examination fees
				2022	2021
				8
Fees payable	to the independent	examiner	for:
Independent examination				810	738
Accounts	preparation			990	900

Net income/(e	xpenditure	) for the year
			2022	2021
				F
This is stated	after charging:
Independent examiner's		fee	1,800	1,638
Depreciation			1,488	92
Staff costs and numbers
			2022	2021
The aggregate	payroll costs were:
Wages &salaries			157,915	56,051
Social security	costs		9,622	3,627
Pension contributions			2,569	1,364
			170,106	61,042

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			F	E	F
Income from:
Donations and legacies			60,609		60,609
Received from Bristol Folk	House Co-Operative	Ltd	16,620		16,620
Charitable activities			207,093		207,093
Investments			26		26
Total income			284,348		284,348
Expenditure on:
Raising funds			1,920		1,920
Charitable activities			223,813		223,813
Transfer ofassets			64,174		64,174
Total expenditure			289,907		289,907
Net income/(expenditure)	and net movement	in funds	(5,559)		(5,559)
Total funds at start ofyear			22,122	50,000	72,122
Total funds at end ofyear			16,563	50,000	66,563

Tangible fixed assets
	Plant	and	Property	Fixtures	and	Office
	Machinery		Improvements	fittings		equipment	Total
	6		6	6			6
Cost orvaluation
At 1 September 2021					953	997	1,950
Additions		2,066	53,488	1,580		1,834	58,968
At 31 August 2022		2,066	53,488	2,533		2,831	60,918
Depreciation
At 1 September 2021						92	92
Charge for the year		413			507	568	1,488
At 31 August 2022		413			507	660	1,580
Net book value
At 31 August 2022		1,653	53,488	2,026		2,171	59,338
At 31 August 2021					953	905	1,858

Fixed asse	t i	nvestm	ents
							2022		2021
							6		6
Investment	in	Bristol	Folk	House	Trading	Ltd		1		1

company provi	des c	atering	services.
				31August	31August
				2022	2021
				6	6
Turnover Cost ofsales				138,326 ~113,328	37,475 ~30,537
Gross profit Administrative expenses Profit on ordinary activities			before taxation	24,997 ~24,345 682	6,938 ~3,888 3,052
Shareholder's funds Profit for the period Dividends paid Shareholder's funds		brought carried	forward forward	3,052 682 ~3,052 682	3,052 3,052

12	Debtors
						2022	2021f
	Due in less than one year:
	Trade debtors					278	6,189
	Amounts owed by Bristol Folk House Trading		Ltd			4,963	4,963
	Prepayments and accrued income					7,270	8,355
						12,511	19,507
13	Creditors: amounts	falling due within one	year
						2022 F	2021f
	Trade creditors					7,580	14,279
	Social security and other taxes					2,954	1,679
	Accruals and deferred	income				164,908	99,263
	Other creditors					18,426	20,173
						193,868	135,394
14	Movement in funds
	For the year ended 31August 2022
		At 1 Sep					At 31Aug
		2021f		Income f	Expenditure f	Transfers f	2022 f
	Restricted funds
	Accessibility project	50,000				(50,000)
		50,000				~60,000
	Unrestricted funds
	General funds	16,563		607,707	(460,698)	50,000	213,572
		16,563		607,707	(460,698)	50,000	213,572
	Total funds	66,563		607707	~460,698,		213,572

		At 1 Sep				At 31Aug
		2020	Income	Expenditure	Transfers	2021
		F		6	6	6
Restricted	funds
Accessibility	project	50,000				50,000
		50,000				50,000
Unrestricted	funds
General funds		22,122	284,348	(289,907)		16,563
		22,122	284,348	(289,907)		16,563
Total funds		72,122	284,348	(289,907)		66,563

Analysis of net assets between funds
		Unrestricted
	Restricted	general
As at 31August 2022	funds	funds	Total
	6	6	6
Fixed assets		59,338	59,338
Other net assets		154,234	154,234
		213,572	213,572
		Unrestricted
	Restricted	general
As at 31August 2021	funds	funds	Total
	6	6	F
Fixed assets		1,859	1,859
Other net assets	50,000	14,704	64,704
	50,000	16,563	66,563

The carrying values ofthe	assets transferre	d were:
		f
Fixed assets		1,401
Bank and cash balances Settlement of intercompany Net liability	balance	9,347 ~55,351 47,553