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