||**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date
**01**
**Sept.**
**2022**|||**To**|Period end date|||
||||**Sept.**|**2022**||**31**|**August**|**2023**|
## Section A Reference and administration details
**Charity name** PEAK DISTRICT MUSIC CENTRES
**Other names charity is known by** PDMC
**Registered charity number (if any)** 1187080
**Charity's principal address** 24 Beaumont Drive
Dove Holes Buxton DERBYSHIRE **Postcode** SK17 8BB
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee**|
|---|---|---|---|---|
||David Brindley|Trustee Chair||None|
||Hannah Watson|Trustee Vice Chair|||
||Simon Marrow|Trustee Treasurer|||
||VickyGiliker|Trustee Secretary|||
||Louise Davies|Trustee|wef 24 March 2023||
||Allie Spencer|Trustee|||
||Rachel Verdicchio|Trustee|||
||||||
||||||
||||||
**Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year** None
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
> [Constitution ]
Type of governing document ) How the charity is constituted )[Charitable Incorporated Organisation, registered 20 December 2019 ] [replacing PDMC Charitable Association No.1002890][Election at AGM ]
Trustee selection methods
**PDMC CIO TAR**
page 1 of 8
**November 2023**
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
We attach trustees to ensembles, whenever possible, to provide an insight into the core activities of the charity, alongside an opportunity to make a practical contribution.
We have designated trustees attached to Safeguarding and Health & Safety procedures.
PDMC is a partner in the Derbyshire Music Education Hub, which is led by the Derby and Derbyshire Music Partnership. This enables us to access public funding via the Arts Council from the Department for Education.
The trustees maintain a Handbook, reviewed annually and primarily for use by Ensemble Directors (EDs) and parent helpers, which sets out all required procedures and protocols - especially with relation to safeguarding children; equality; health and safety; risk assessments for performances, trips and tours; planning timelines; and financial management.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
The advancement of musical education for the public benefit, in particular among young people of school age in an area bounded by Buxton, Bakewell and Hope Valley by the provision of:
- structured music ensembles to enable participation and progression with the aim of developing confidence and enjoyment of music;
- regular rehearsals, opportunities to perform in both informal and public settings and other enrichment experiences such as tours, trips, workshops and residentials;
- opportunities for teamwork and leadership within a structured music making setting.
**Summary of the main** Having due regard to the guidance issued by the Charity Commission on public **activities undertaken** benefit, PDMC works tirelessly to bring music making opportunities to young **for the public benefit** people of school age from all social backgrounds. Section D below gives details of **in relation to these** our achievements over the past year. **objects (include within this section the** As a further commitment to public benefit, in recent years the trustees have raised **statutory declaration** over £24,000 (£2000 in the current year) in grants from local charities and **that trustees** donations, specifically targeted at ensuring that financial hardship is no barrier to **have had regard to** a young person’s aspirations to learn an instrument or play alongside others. **the** £1708 has been awarded in the past year. We also offer an initial free taster half **guidance issued by** term to beginners to encourage potential new members. **the Charity Commission** The trustees have met five times (initially by Zoom conferencing) to monitor the **on public benefit)** efficiency and effectiveness of the organisation, to plan for long-term financial and musical viability, to maintain a strategic direction and to ensure that all statutory requirements are being met. Financial and management information provided by the Administrator informs close monitoring of the organisation’s performance and strategic decision making. The Administrator attends Board and ED meetings and meets as necessary with the Chair and the Strategic Director of Music. The EDs also held two meetings by zoom during the year and the Chair and Administrator regularly communicate by email with them and attend their meetings.
**PDMC CIO TAR**
page 2 of 8
**November 2023**
**Summary of Main Activities cont’d …**
The challenge of increasing player numbers continued, with some new numbers being offset by leavers. However, our starting base of 151 established ensemble players increased by a further 50 members in our new bridging ensembles. As in the previous year, some excellent initiatives and events, whilst proving popular and raising our profile, still failed to produce new recruits. However we were able to continue Bakewell Beginner Strings and Bakewell Beginner Winds, started in the previous summer term. Hub funding for 2022/23 was based on player numbers in 2021/22, which took a significant hit from Covid. As a result we fell into a lower tier of hub funding and lost £7000 – an amount impossible to recover in the short term, with the result that we finished the year with an operating deficit of £6,000. Again, our reserves had to be significantly drawn upon to the tune of £17,000, not simply to fund bursaries and development opportunities but also to offset our operating deficit. Restoring a balanced budget continues to be an elusive challenge facing the trustees. Fortunately, the increase in membership over the past year thanks to our Engagement Programme has lifted us back into a higher tier of funding for next year. In an attempt to maximise income, subscriptions were again slightly increased with an even greater increase planned for the following year new. To help parents, a direct debit system for paying subs was introduced; initial take up by about 20 parents with slow but we expect this to grow. We also acquired a Sum Up card reader to maximise bucket collections in these increasingly cashless days. Our team of eight Ensemble Directors remained stable throughout the year, with Hannah Watson agreeing to take on the Training Strings and Danny Riley continuing for another year with us. ED recruitment remains another major challenge so we were delighted to be able to appoint Tam Wing Kin (Kenneth) in good time, in anticipation of Danny’s return to Oxford at the end of the year. Against considerable odds Danny had done a great job for us, steadying the Wind Band, maintaining morale and numbers and directing some excellent playing. To sharpen the focus of our Strategic Director on strategy, longer term planning and recruitment, his hours were reduced by 40%, with the remainder available if needed to fund operational tasks more cheaply elsewhere. A small Strategy Group comprising two trustees and our Administrator has also been established to steer the work of the Strategic Director. Trustees agreed several new policies to address Behaviour, Equality and Diversity and Whistle Blowing, as well as a clearly articulated Wind Progression Policy. With regard to statutory matters, the trustees monitor all Charity Commission updates for useful tips and reminders; and keep a particularly close eye on safeguarding and data protection. In particular, we maintain an Online Safety Policy and a Risk Management Statement and Risk Register. EDs also undertake basic First Aid training as a contractual requirement. Trustees recognise the need to be constantly looking for new fund-raising opportunities. Successful bids resulted in grants from the Ethel James Foundation for £5000 (including for Bursaries), the Freemasons for £600 and the Hub for £1150 to support event costs; and the Derbyshire Community Fund for £1000 towards rental costs. We also received a donation of a sax and a violin. An unexpected complication occurred when St Thomas More School suddenly declared that they were cancelling all community bookings from the end of the summer term, causing frantic efforts on the part of our Administrator to find new accommodation. Fortunately, we have been able to relocate Friday strings to Buxton Infants School and the midweek Big Band and Beginner Wind Band to Buxton Community School for September.
**PDMC CIO TAR**
page 3 of 8
**November 2023**
|**Summary of Main**
**Activities cont’d …**|A successful mid-year progress review was held in February with the Leader of
the Music Education Hub. Detailed actions taken with respect to each of the focus
areas and their impact are fully reported in the Year End Evaluation made to the
Hub (see Section D below). The Chair also attended the annual Hub meeting for
Music Centres in February.
Membership of the Hub entitles us to the services of the Hub Area Leader, Dan
Timmins, who acts as a musical adviser and is responsible for the quality control
of all musical activity and for the professional development of our ensemble
directors. He also has a role in supporting our Strategic Director of Music and he
has contributed to our revival planning.
We maintain close links at both Chair and ED level with our Hub neighbour, Dark
Peak Music Foundation, with a commitment to maintaining joint concerts and
initiatives when possible.
All our EDs are engaged with a local Music Service through which they receive
updates, including on key issues such as Safeguarding, and a certain amount of
professional development. Further to this, the trustees provide funding so that
EDs may keep their First Aid training up to date. Kenneth Tam will be at our next
ED to attend the Conducting Course at the RNCM, funded by the Hub and PDMC.
PDMC personnel are all self-employed and provide contracted services, which are
reviewed annually. PDMC personnel make up a dedicated and talented team
which serves the organisation with distinction and flair and which delivers the
considerable benefits and successes experienced by our young musicians.
PDMC attracts considerable support from the players’ parents, several of whom
actively support the work of the charity. All current trustees are either past or
present parents. Parent helpers provide weekly administrative and safeguarding
support for our ensemble rehearsals, as well as at performances and on trips and
tours. They also help with fund-raising. The organisation is deeply indebted to its
volunteers and sincerely acknowledges the contribution of our parent volunteers,
as well as the contribution of contracted personnel.
In an effort to engage more parents, the Chair wrote personally to every one of
them for the start of the year with a letter delivered through their letter boxes. We
held our AGM during Friday evening rehearsal time at St Thomas More School. A
small number of parents attended for a very constructive discussion and we were
able to recruit another parent trustee as a result.|
|---|---|
## **Additional details of objectives and activities (Optional information)**
- You **may choose** to To ensure that financial hardship is no barrier to participation in PDMC, free include further membership is automatically awarded to children eligible for free school meals statements, where and a discount is automatically available for the third child from the same family. relevant, about: In addition, we operate a Bursary Scheme, which draws on grants made to PDMC
- • policy on grant by other local charities. A Discretions Panel, made up of three trustees who are
- making; not current parents, considers other requests for free, or discretionary rate,
- • policy programme ensemble membership. Financial support may also be requested for participation related investment; in tours and, for both PDMC players and others, instrumental lesson costs, along with loan instruments, if needed. Requests can be made on an application form or
- • contribution made online.
- by volunteers. Volunteers are crucial to the organisation, providing the Board membership, parent helper support for the EDs at weekly rehearsals and at several public concerts each year, fundraising, and help with summer tours and trips.
**PDMC CIO TAR**
page 4 of 8
**November 2023**
Section D Achievements and performance
## **Summary of the main achievements of the charity during the year**
Over the year we provided music making opportunities for over 200 young players, ranging from preparatory to senior level ensembles, and including some in our Engagement Project.
## **Ensembles**
This year we have been able to maintain 10 established ensembles:
- 4 string ensembles: Training ; Intermediate ; Orchestra - in Buxton Beginners in Bakewell
- 5 wind ensembles: Beginner ; Intermediate ; Wind Band - in Bakewell Beginners in Buxton & in Hope Valley
- • Big Band: with over 20 players, in Buxton
We also trialled a new choir for a short time and we were able to run five additional bridging ensembles as mentioned under Engagement Projects below.
## **Ensemble Directors**
It is good to report that our team of 8 ensemble directors remained constant throughout the year.
## **Rehearsals**
A full programme of face to face weekly term time rehearsals took place throughout the year in our normal venues of St Thomas More School, Hope Valley College and Lady Manners School.
## **Engagement Projects**
We initiated five engagement projects in Harpur Hill Primary School (a mixed band), Buxton Infant (recorders) & Junior (percussion and recorder) Schools, and St Anne’s RC Primary School (recorders); and we held discussions with several more schools regarding possible engagement projects in the new school year.
## **Annual Concerts and Performances**
- Sunday afternoon and evening Christmas concerts at Lady Manners School, Bakewell
- Our Spring Gala concert with all our ensembles in the Octagon, Buxton
- Our Big Band played its regular spot at the Leek Arts Festival in May, and at Brough Park in June, and also played twice on the bandstand in Buxton’s Pavilion Gardens in May and June
- This year’s summer concert, delivered in collaboration with Thornbridge Hall, featured all our ensembles, dotted around the Hall’s gardens on a sunny July afternoon.
## **Other Major Initiatives and Events**
These events were all designed to raise the profile of PDMC and also to recruit new players, the former objective proving easier, thanks to excellent events and experiences, to achieve than the latter, with only a small number of new players recruited. However, they did involve a great deal of very fruitful collaboration and also helped raise some useful funds from bucket collections and donations.
- In November we hosted a Benedetti Foundation regional event in local venues for both our own and other players, and including a session for music teachers, from around the area.
- In February our Big Sing event at St John’s Church, Buxton - preceded by a workshop in each school - attracted 200 young pupils, and parents, from all but one of Buxton’s primary schools. Unfortunately, this did not generate sufficient numbers to sustain a newly launched junior choir.
- In March we invited children from Wind WOpps groups in three local schools to our Friday rehearsals in Bakewell. This was a lovely event and produced a small number of new recruits.
**PDMC CIO TAR**
page 5 of 8
**November 2023**
S **ummary of Main Achievements cont’d**
- We used our all day booking of the Octagon for our spring gala to run a wind workshop with nationally acclaimed Steve Pycroft of the Kaleidoscope Orchestra. This was attended by wind band players from Lady Manners School and Hope Valley College. The workshop culminated in an original performance of Steve’s arrangement of music by Avicii, directed by Danny Riley. Steve also filmed the whole day as a commission to produce a promotional video for PDMC.
- In April and May, our String and Wind players respectively, performed with a small group of players from the Northern Chamber Orchestra in Buxton Spring Gardens to promote an initiative called Orchestra Live, a Heritage Action Zone Buxton Our Street project.
- We were also invited by the Buxton International Festival to provide a group of string buskers to play on the Opera House forecourt prior to an evening opera premiere and Nicola Benedetti’s afternoon concert.
## **PDSO Tour of Devon and Cornwall**
22 string players enjoyed a four day tour, based at Truro High School for Girls. Performances were given on the journey down at Dalwood Community Centre in Devon (our original contact for the tour) and then at Trelissick Garden (National Trust), Princess Pavilion, Falmouth and the school hall. There were disappointing audiences at the latter two events but excellent and appreciative audiences at the first two. In their specially commissioned hoodies, the players enjoyed good weather throughout and trips to Falmouth and Hidden Valley Puzzle Park. As always our young people were excellent ambassadors for PDMC. The tour was organised entirely by PDMC, and its success relied very heavily on an invaluable contribution to the planning by Marion Redman, our Administrator.
With the pandemic now behind us, PDMC is able to demonstrate again our reputation for nurturing young players and developing them into accomplished performers and, thanks to the skills and imagination of our EDs, for the high standards of ensemble playing achieved. Our players continue to audition successfully for the County Orchestra and Wind Band, and even for the National Youth Orchestra. A good many continue their music-making into adult life after leaving PDMC and some pursue professional careers in music. Indeed, some have returned to perform star solo roles in various public performances in the town.
A further significant achievement of the past year has been a real cementing of our relationship with schools across our patch. Our Engagement Project, some great collaborative events and the networking efforts of our Strategic Director have had a major impact. Several of our parents, past and present, have key roles in local schools and their support has been invaluable; and the fact that one of our trustees is a local primary school headteacher with direct access to the local cluster of schools has been of enormous benefit.
PDMC is a member of the Derbyshire Music Education Hub and is required to engage in an annual Service Level Agreement. Three priority areas had been identified, and were evaluated as shown, for the year:
_1. To ensure the continuing revival of PDMC provision by:_
- _consolidating and growing the recently re-established beginner groups and the green shoots of collaboration with primary schools through the Primary Ensemble Project (now the PDMC Engagement Project) etc._
- _restarting a Youth Choir and delivering the Big Sing project;_
- _involvement with the Benedetti Foundation;_
- _pursuing collaborative initiatives both across ensembles and with kindred organisations._
**PDMC CIO TAR**
page 6 of 8
**November 2023**
- wind & string beginner groups started in Buxton & Bakewell
- - primary ensemble project started in three local primary schools, with two more on stream for next year
- an impressive Big Sing project good for PDMC profile but unfortunately failed to result in a new choir: different strategy adopted for next year
- - we served as a Benedetti regional centre: again excellent for our profile but very few new recruits
- it is now common practice for ensembles to perform in combination; and good liaison with DPMF and local secondary schools
_2. To review and restructure the organisation’s management structures and personnel to expedite delivery of new initiatives and to ensure a Board focus on strategic and financial issues._
- role of Strategic Director of Music re-focussed away from operational detail to more strategic planning, with key Administrator support
- - increased direction and oversight by Board of proposed events and initiatives
- - smarter Board agenda and outcomes
- _3. To address our serious budget deficit through:_ • _interrogation of all current expenditure and income streams;_
- • _the development of a timed recovery plan_
- _a renewed focus on fund-raising and grant applications_
- - tighter controls so far failing to dent growing deficit - increasing members identified as key to recovering £7k lost from Hub grant (principal cause of deficit)
- grants & donations received from Foundation Derbyshire, Freemasons & Ethel James Trust
_4. To devise and implement ways to strengthen parental engagement, including trustee recruitment and opportunities for parents to participate in music making._
- three new trustees (all parents of recent leavers) recruited
- - well attended and positive parental meeting post-AGM – several good ideas & offers
- - strengthened team of parent helpers - clear desire to create a PDMC community orchestra, to include parents
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
A reserve roughly equal to two years’ funding from the Derbyshire Music Education Hub is retained; this currently stands at £40k and is reviewed annually.
A further restricted reserve, currently of approx. £17.3k, is available for specific earmarked purposes, including bursaries to address hardship, with funds released only as qualifying costs are incurred. A further unrestricted reserve of approx. £9k is available to fund specific improvements and developments, approved by the trustees; this latter fund is depleting.
**Details of any funds materially in deficit**
None.
**PDMC CIO TAR**
page 7 of 8
**November 2023**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
Our main sources of funding are the Derbyshire Music Education Hub grants; membership subscriptions; concert profits; donations; and other fundraising.
We operate a Friends Scheme to allow our supporters to make regular, gift-aided whenever possible, donations.
Our main expenditure is on the provision of ensemble venues, EDs and assistants, and administrative services.
A Virgin Money interest paying charity account is operated in order to maximise the return on reserve monies not immediately needed.
## **Section F Other optional information**
n/a
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature**
**Full name Position Date**
David Brindley Chair
15 March 2024
**PDMC CIO TAR**
page 8 of 8
**November 2023**
||Charity No
(if any)
1187080
Period start date
**01-Sep-22**
**To**
Period end
date
31-Aug-23
**Peak District Music Centres**
Annual accounts for the period|Charity No
(if any)
1187080
Period start date
**01-Sep-22**
**To**
Period end
date
31-Aug-23
**Peak District Music Centres**
Annual accounts for the period|
|---|---|---|
|**Section A**|**Statement of financial activities**||
|**Recommended categories by**
**activity**
Guidance Note
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
38,710
1,000
-
39,710
48,801
18,561
-
-
18,561
3,273
-
-
-
-
-
300
-
300
90
-
-
-
-
-
-
-
-
-
-|
|||57,571
1,000
-
58,571
52,164|
|||-
-
-
-
-
59,806
6,122
-
65,928
46,479
-
-
-
-
-
1,914
-
-
1,914
1,829|
|||61,720
6,122
-
67,842
48,308|
||||
|||4,149
-
5,122
-
-
9,271
-
3,856|
|||-
-
-
-
-|
|||4,149
-
5,122
-
-
9,271
-
3,856|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|||4,149
-
5,122
-
-
9,271
-
3,856|
|||66,038
22,698
-
88,736
84,880|
|||61,889
17,576
-
79,465
88,736|
||||
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
- -
- -
- -
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
-
-
-|
|||-|-|- -|-|
|||-
1,595
57,424
13,620|-
-
17,576
-|- -
- 1,595
- 75,000
- 13,620||
||||||-
1,295
75,000
30,351|
|||72,639|17,576|- 90,215|106,646|
||||||17,910|
|||10,750|-|- 10,750||
|||||||
|||61,889|17,576|- 79,465|88,736|
|||||||
|||61,889|17,576|**-**79,465|88,736|
||||||-
-|
|||-
-|-
-|- -
- -||
|||||||
|||61,889|17,576|-
79,465|88,736|
|||-
61,889|17,576|-
17,576
- 61,889
-||
||||||-
22,698
66,038|
|||61,889|17,576|- 79,465|88,736|
|||Signature||**David Brindley**
Chair
Print Name|Date of
approval
dd/mm/yyyy
15/03/2024|
CC17a (Excel)
19/03/2024
2
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* Yes * -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
|Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
Disclosure of any uncertainties that make the
going concern assumption doubtful;
An explanation as to those factors that support
the conclusion that the charity is a going
concern;|
Not applicable
Not applicable
Not applicable|
|---|---|
## **1.3 Change of accounting policy**
**----- Start of picture text -----**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; not applicable
and
(iii) the amount of the adjustment for each line affected not applicable
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates**
**----- Start of picture text -----**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of any changes; not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and not applicable
(iii) where practicable, the effect of the change in one or not applicable
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
|Yes*
No*
No material prior|year erro|r have been identified in the reporting period (3.47 FRS 102 SORP).|
|---|---|---|
|||* -Tick as appropriate|
## _**Please disclose:**_
|**_Please disclose:_**||
|---|---|
|**_(i) the nature of the prior period error;_**|not appliable|
|**_(ii) for each prior period presented in the accounts, the_**||
|**_amount of the correction for each account line item_**||
|**_affected; and_**||
||not appliable|
|**_(iii) the amount of the correction at the beginning of the_**|not appliable|
|**_earliest prior period presented in the accounts._**||
CC17a (Excel)
19/03/2024
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
## _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_
**Start of End of period period £ £**
**Fund balances as previously stated** _**Adjustments:**_
## **Fund balance as restated**
_**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of £ Net income/(expenditure) as previously stated** _**Adjustments:**_
**Previous period net income/(expenditure) as restated**
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## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
**----- Start of picture text -----**
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
the monetary value can be measured with sufficient reliability.
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102.
Yes No N/a
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent Yes No N/a
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift Yes No N/a
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Yes No N/a
Contractual income and
This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Yes No N/a
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
Yes No N/a
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Yes No N/a
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Yes No N/a
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as Yes No N/a
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
Yes No N/a
Support costs The charity has incurred expenditure on support costs.
Yes No N/a
The value of any voluntary help received is not included in the accounts but is described
Volunteer help
in the trustees’ annual report.
Yes No N/a
Income from interest This is included in the accounts when receipt is probable and the amount receivable can
**----- End of picture text -----**
|**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least
£1,000
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
They are valued at cost.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.|
|
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
|
|---|---|---|
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Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year Yes No N/a
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Yes No N/a
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Yes No N/a
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
progress realisable value.
Yes No N/a
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Yes No N/a
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at Yes No N/a
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and Yes No N/a
Current asset cash equivalents with a maturity date less than one year. These include cash on deposit and
investments cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 1,977 - - 1,977 20,194
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities 25,095 1,000 - 26,095 18,507
Membership subscriptions and sponsorships
which are in substance donations 11,638 - 11,638 10,100
Donated goods, facilities and services - - - - -
Other - - - -
Total 38,710 1,000 - 39,710 48,801
Charitable Income from concerts
6,680 - - 6,680 3,273
activities:
Parent contributions to tours and trips 11,881 - - 11,881 -
- - - - -
Other - - - - -
Total 18,561 - - 18,561 3,273
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 300 - - 300 90
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 300 - - [ 300 90 ]
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 57,571 1,000 - 58,571 52,164
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts) Not applicable
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Not applicable
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Not applicable
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Not applicable
**----- End of picture text -----**
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**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**£**
17,000
845
1,650
-
**Total**
19,495
**Last year**
**£**
17,000
507
1,000
-
**Total** 18,507
**This year**
None
**This year**
None
**Last year**
None
None
**Last year**
Annual Grant
Insurance grant
Grants for projects
Annual Grant
Insurance Grant
Grants for projects
**Description**
**Description**|
|---|---|
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## **Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
**----- Start of picture text -----**
This year Last year
£ £
Seconded staff - -
Use of property - -
Other - -
- -
This year Last year
Please provide details of the
accounting policy for the recognition
and valuation of donated goods,
facilities and services.
Please provide details of any unfulfilled
conditions and other contingencies
attaching to resources from donated
goods and services not recognised in
income.
Please give details of other forms of
other donated goods and services not
recognised in the accounts, eg
contribution of unpaid volunteers.
**----- End of picture text -----**
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## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
**----- Start of picture text -----**
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and
social lotteries - - - - -
Staging fundraising events
- - - - -
Fudraising agents - - - - -
Operating charity shops - - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Ensemble Director and Assistant costs 21,095 - - 21,095 16,876 - - 16,876
Administrator, Co-ordinator and event
manager costs 12,688 12,688 10,647 10,647
Concert and fundraising costs 678 678 2,055 2,055
Rehearsal venue rent 7,820 7,820 6,943 6,943
Membership database and text service
1,953 - - 1,953 1,776 1,776
Music and equipment purchases 547 547 565 565
Hardship assistance 1,697 1,697 - 1,776 1,776
Strategic Director of
Music/development projects
3,600 4,425 - 8,025 5,809 - 5,809
Trips and tours 11,425 11,425
Other - - - - 33 - 33
Total expenditure on charitable
activities 59,806 6,122 - 65,928 44,703 1,776 - 46,479
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Insurance 989 - - 989 664 - - 664
Printing and postage 235 235 29 29
ED and EA attendance at meetings and 105 105 479 479
ED training - - 100 100
Bankline, GoCardless and Sumup fees
316 316 291 291
Licences and registrations 40 - - 40 40 - - 40
Website costs 108 - - 108 106 - - 106
Other costs 120 - - 120 120 - - 120
Total other expenditure 1,914 - - 1,914 1,829 - - 1,829
TOTAL EXPENDITURE 61,720 6,122 - 67,842 46,532 1,776 - 48,308
**----- End of picture text -----**
## **Other information:**
## **Analysis of expenditure on charitable activities**
|**Activity or programme**
Activity 1
Activity 2
Other
**Total**|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total this**
**year**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
- - - - -
-
-
-
- - - - -
-
-
-
- - - - -
-
**This year**
**Last year**|
|---|---|
||-
-
- - - - -
-|
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## **Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary items**
**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -|
|---|---|
||- -|
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## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or services, please discose details of any balances outstanding between any participating members.
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
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## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
**----- Start of picture text -----**
Charitable
Support cost Raising funds activities Other Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
- 16,288 1,914 - 18,202
Other
- 16,288 1,914 - 18,202
Total
**----- End of picture text -----**
## **Last year**
|Governance
Other
**Total**
**Support cost**
**(examples)**|**Raising funds**
**Charitable**
**activities**
**Other**
**Activity 3**
**Grand total**
**Basis of allocation**
**£**
**£**
**£**
**£**
**£**
**(Describe method)**
- - - - -
- - - - -
- - - - -
- - - - -
16,456 1,829 - 18,285
- 16,456 1,829 - 18,285|
|---|---|
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
Costs which cannot be attribute to a single activity (including the cost of central functions) have been apportioned based on actual costs incurred. None of the costs relate to Governance
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## **Section C Notes to the accounts**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
120 120
- -
- -
- -|
|---|---|
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## **Section C Notes to the accounts (cont)**
**Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|**This year:**
**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
|||
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:**
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party**
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
|**Band**
**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity. For specific amounts paid to trustees,**
**see Note 28.**
**£60,000 to £69,999**
**£70,000 to £79,999**
**£80,000 to £89,999**
**£90,000 to £99,999**
**£100,000 to £109,999**|**This year**
**Last year**
- -
- -
- -
- -
- -
**This year**
**Last year**
**£**
**£**
- -
**Number of employees**|
|---|---|
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**11.2 Average head count in the year The parts of the charity in which the employees work**
**----- Start of picture text -----**
This year Last year
Number Number
Fundraising - -
Charitable Activities - -
Governance - -
Other - -
Total - -
**----- End of picture text -----**
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**
**Please state the amount of the payment**
**a right to an asset)**|**This year**
**Last year**
**This year**
**Last year**
**(or value of any waiver of**|**This year**
**Last year**
**£**
**£**
- -
|
|---|---|---|
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## **11.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**Please state the accounting policy for any redundancy or**
**termination payments**
**The extent of redundancy funding at the balance sheet date**
**The nature of the payment (cash, asset**
**etc.)**
**Total amount of payment**|**This year**
**Last year**
**£**
**£**
- -
**This year**
**Last year**
**£**
**£**
- -|
|---|---|
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## **Section C Notes to the accounts (cont)**
## **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Please explain the basis for allocating the liability and expense of**
**defined contribution pension scheme between activities and**
**between restricted and unrestricted funds.**
**Amount of contributions recognised in the SOFA as an expense**|**This year**
**£**
-|**Last year**
**£**
-|
|---|---|---|
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different**
_**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
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## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
**----- Start of picture text -----**
13.1 Analysis of grants paid (included in cost of charitable activities)
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**13.2 Grants made to institutions**||
|---|---|
|**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**
**Purpose**
**Names of institution**
**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**|**_Please provide_**
**_details of_**
**_charity's URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
||**-**|
||-
-|
## **Last year:**
|**Last year:**|**Last year:**|**Last year:**|**Last year:**|||||
|---|---|---|---|---|---|---|---|
|**13.3 Analysis of grants paid (included in cost of charitable activities)**||||||||
||**Grants to**|||||||
|**Analysis**|**institutions**||**Grants to individuals**||**Support costs**|**Total**||
||||||**£**|**£**||
|Activity or project 1||-||-|-||**-**|
|Activity or project 2||-||-|-||**-**|
|Activity or project 3||-||-|-||**-**|
|Activity or project 4||-||-|-||**-**|
|**_Total_**||**-**||**-**|**-**|**-**||
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**13.4 Grants made to institutions**||
|---|---|
|**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**
**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**
**Names of institution**
**Purpose**
|**_Please provide_**
**_details of_**
**_charity's URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
||**-**|
||-
-|
CC17a (Excel)
19/03/2024
20
## **Section C Notes to the accounts (cont)**
**Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
**14.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land & Other land & Plant, Fixtures, fittings Total
buildings buildings machinery and and equipment
motor
vehicles
£ £ £ £ £
At the beginning of the year - - - - -
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - - -
14.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
14.3 Net book value
Net book value at the beginning of the year - - - - -
Net book value at the end of the year - - - - -
14.4 Impairment
This year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
Last year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets been - -
carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of - -
tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible - -
fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and
equipment to which the charity has restricted title or that are pledged as
security for liabilities.
**----- End of picture text -----**
- _The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
19/03/2024
21
## **Section C Notes to the accounts (cont)**
## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_
## **15.1 Cost or valuation**
|||**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**||
|---|---|---|---|---|---|---|---|---|---|
|At beginning of the year||||-||-|-|-||
|Additions||||-||-|-|-||
|Disposals||||-||-|-|-||
|Revaluations||||-||-|-|-||
|Transfers *||||-||-|-|-||
|At end of the year||||-||-|-|-||
|**15.2 Amortisation and**|**impairments**|||||||||
||****Basis**
**** Rate**|SL
|or RB||SL|or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")|
|||||||||||
|At beginning of the year||||-||-|-|-||
|Disposals||||-||-|-|-||
|Amortisation||||-||-|-|-||
|Impairment||||-||-|-|-||
|Transfers*||||-||-|-|-||
|At end of year||||-||-|-|-||
|**15.3 Net book value**||||||||||
|Net book value at the beginning||||-||-|-|-||
|of the year||||||||||
|Net book value at the end of the||||-||-|-|-||
|year||||||||||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_
_**Policies for the recognition of any capital development**_
CC17a (Excel)
19/03/2024
22
**----- Start of picture text -----**
15.5 Impairment
This year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
Last year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
15.6 Revaluation
If an accounting policy of revaluation is adopted, please provide:
This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied
the carrying amount that would have been recognised
had the assets been carried under the cost model.
15.7 Other disclosures
(i) If your intangible asset was acquired by way of grant,
provide value on initial recognition and carrying amount
of the asset.
(ii) Details of the carrying amounts of any intangible
assets to which the charity has restricted title or that are
pledged as security for liabilities.
(iii) Please provide the amount of contractual
commitments for the acquisition of intangible assets.
(iv) State the amount of research and development
expenditure recognised as expenditure in the year.
(v) Please detail the headings in the SOFA in which a
charge for amortisation of intangible assets is included.
(vi) For any material intangible assets, please provide a
description, its carrying amount and any remaining
amortisation period.
**----- End of picture text -----**
- _The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
19/03/2024
23
## **Section C Notes to the accounts (cont)**
|**(i) Explain the nature and scale of**
**heritage assets held.**
**(ii) Explain the policy for the**
**acquisition, preservation,**
**management and disposal of heritage**
**assets.**
**Heritage asset**
**1**
**Heritage asset**
**2**
**£**
**£**
At beginning of the year
- -
Additions
- -
Disposals
- -
Revaluations
- -
Transfers *
- -
At end of the year
- -
****Basis**
**** Rate**
At beginning of the year
- -
Disposals
- -
Depreciation
- -
Impairment
- -
Transfers*
- -
At end of year
- -
Net book value at the beginning of the
year
- -
Net book value at the end of the year
- -
**16.5 Impairment**
**This year**
**This year**
**_Please provide a description of the events and circumstances_**
**_that led to the recognition or reversal of an impairment loss._**
**16.3 Depreciation and impairments**
**16.4 Net book value**
**16.2 Cost or valuation**
**Note 16 Heritage assets**
**_Please complete this note if the charity has heritage assets_**
**16.1 General disclosures for all charities holding heritage assets**|
**Heritage asset**
**3**
**Heritage asset**
**4**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -
- - -
Straight Line
("SL") or
Reducing
Balance
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
**Last year**|
|---|---|
## **Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation the name of independent valuer, if applicable qualifications of independent valuer**_
**This year Last year**
CC17a (Excel)
19/03/2024
24
## _**the methods applied and significant assumptions**_
_**any significant limitations on the valuation**_
## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation**
|Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
- - -
- - -
- - -
- - -
- - -|
|---|---|
||- - -|
## **16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)**
**(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets. (iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.**
**This year Last year**
## **16.9 Five year summary of heritage assets transactions**
||**2015**
**2014**
**2013**
**2012**
**2011**
**£**
**£**
**£**
**£**
**£**|
|---|---|
|**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|- - - - -
- - - - -
-
-
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**|
CC17a (Excel)
19/03/2024
25
## **Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
Carrying (fair) value at beginning of
period
- - - - - -
**Add:**additions to investments during
period*
- - - - - -
**Less:**disposals at carrying value
- - - - - -
**Less: impairments**
- - - - - -
**Add: Reversal of impairments**
- - - - - -
**Add/(deduct):**transfer in/(out) in the
period
- - - - - -
**Add/(deduct):**net gain/(loss) on
revaluation
- - - - - -
Carrying (fair) value at end of year
- - - - - -
***Please specify additions resulting from**
**acquisitions through business combinations, if**
**any.**|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -|**Cash & cash**
**equivalents**
**Listed**
**investments**
**Investment**
**properties**
**Social**
**investments**
**Other**
**Total**
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -|
|---|---|---|
||-|- - - - -|
||||
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
|**This year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Last year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**
**Total**
**Social investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**
**Listed investments**
**Listed investments**
**Social investments**|-
-
-
-
**Cost less impairment**
- -
**Fair value at year end**
**£**
-
**£**
-
-
-|
|---|---|
||-
-
-
- -
**Fair value at year end**
**Cost less impairment**
- -
- -
- -
- -
- -
-
**£**
**£**|
## **17.3 If your charity holds investment properties, please complete the following note:**
**This year**
**Last year**
CC17a (Excel)
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26
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements**
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
|**17.5 Guarantees**
**_Total_**
**Terms and conditions eg interest rate, security**
**provided**
**17.6 Concessionary loans**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_ ).**
**Total**
**_Total_**
**Please provide details and amount of any guarantee made to**
**or on behalf of a third party**
**Name of the entity or entities benefitting from those**
**guarantees**
**Please explain how the guarantee furthers the charity's aims**
**Analysis of current asset investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**|**This year £**
**Last year £**
- -
- -
- -
- -
- -
**This year £**
**Last year £**
- -
- -
- -
- -
-
**Last year**
75,000
75,000
-
**This year**
-
-
-
-
**_Description_**
75,000
**This year**
**Last year**
-
75,000
-
**This year**
**Last year**
**£**
**£**
**_Description_**|
|---|---|
||75,000
|
||**_Description_**
**This year**
**This year**
**_Description_**|
CC17a (Excel)
19/03/2024
27
**Value of any concessionary loans which have been committed but not taken up at the reporting date Amounts payable within 1 year Amounts payable after more than 1 year Amounts receivable within 1 year Amounts receivable after more than 1 year**
**17.7 Additional information This year Last year Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.**
**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
CC17a (Excel)
19/03/2024
28
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**|
|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**Work in**
**progress**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**This year**
**Last year**
**£**
**£**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Work in**
**progress**
**Stock**
**Donated goods**||
||-|- - - -|
|||- - - -
**This year**
**Last year**
**£**
**£**|
CC17a (Excel)
19/03/2024
29
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
**19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors**
**----- Start of picture text -----**
This year Last year
£ £
-
1,505.0 1,205.0
90.0 90.0
1,595.0 1,295.0
**----- End of picture text -----**
**Total**
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -|
CC17a (Excel)
19/03/2024
30
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
**Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors**
**----- Start of picture text -----**
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
750 910 - -
- - - -
10,000 17,000 - -
- - - -
- - - -
Total 10,750 17,910 - -
**----- End of picture text -----**
## **20.2 Deferred income**
## _**Please complete this note if the charity has deferred income.**_
|**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
|
**This year**
**_Music Education Hub for_**
**_Derbyshire paid the annual_**
**_grant for 2023-24 in_**
**_February 2023._**|**This year**
**Last year**
**£**
**£**
17,000 17,000
10,000 17,000
- 17,000 - 17,000
**Last year**
**_Music Education Hub for_**
**_Derbyshire paid the annual_**
**_grant for 2022-23 in April_**
**_2022._**|
|---|---|---|
|||10,000 17,000|
CC17a (Excel)
19/03/2024
31
**Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
|**21.1 Movements in recognised provisions and funding commitment during the period**
**21.2 Please provide:**
**- a brief description of any obligations on the**
**balance sheet and the expected amount and timing of**
**resulting payments;**
**- an indication of the uncertainties about the amount**
**or timing of those outflows; and**
**- the amount of any expected reimbursement, stating**
**the amount of any asset that has been recognised for**
**that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide details**
**of commitment made, the time frame of that**
**commitment, any performance-related conditions and**
**details of how the commitment will be funded (with**
**contracts for capital expenditure separately**
**identified).**
**21.4 Where unrestricted funds have been designated**
**to a fund commitment, please disclose the nature of**
**any amounts designated and the likely timing of that**
**expenditure.**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the start of the reporting period**
**Balance at the end of the reporting period**
**This year**
**This year**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -|
||**Last year**
**Last year**|
CC17a (Excel)
19/03/2024
32
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**This year Last year 22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.**
**22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
CC17a (Excel)
19/03/2024
33
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
**----- Start of picture text -----**
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
Last year
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
**----- End of picture text -----**
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
|**probable**|||||
|---|---|---|---|---|
|**This year**|||||
||**Description of item**||**Estimate of financial effect**||
||||||
||||||
||||||
||||||
|**Last year**|||||
||**Description of item**||**Estimate of financial effect**||
||||||
||||||
||||||
|**23.4 Other disclosures for contingent assets and/or liabilities**|||||
|**Please provide**|**the following information where practicable:**||||
||||**This year**|**Last year**|
|**Explain any uncertainties relating to the amount or**|||||
|**timing of settlement; and the possibilty of any**|||||
|**reimbursement**|||||
|**Where it is not practical to make one or more of these**|||||
|**disclosures, please state this fact**|||||
CC17a (Excel)
19/03/2024
34
## **Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Note 24 Cash at bank and in hand**|||
|---|---|---|
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**
-
12,774
847
-|**Last year**
**£**
-
28,188
2,163
-|
||13,620|30,351|
CC17a (Excel)
19/03/2024
35
## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**This year Last year 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
CC17a (Excel)
19/03/2024
36
## **Section C Notes to the accounts (cont)**
**Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the**_
|**Please provide details of the nature of the**
**event**
**Provide an estimate of the financial effect**
**of the event or a statement that such an**
**estimate cannot be made**|**This year**
**Last year**|
|---|---|
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Hardship fund R To assist all children to access PDMC 4,607 1,000 (1,697) - - 3,910
To fund specific projects, per terms of
Other restricted reserves R original donation 18,091 - (4,425) - - 13,666
To sustain PDMC in case hub funding is
Permanent reserve U withdrawn 40,000 - - - - 40,000
To fund specific projects as decided by
Other unrestricted reserves U Trustees 26,038 (4,149) - - 21,889
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 88,736 1,000 - 10,271 - - 79,465
**----- End of picture text -----**
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Hardship fund R To assist all children to access PDMC 6,383 - (1,776) - - 4,607
To fund specific projects, per terms of
Other restricted reserves R original donation 18,091 - - - - 18,091
To sustain PDMC in case hub funding is
Permanent reserve U withdrawn 40,000 - - - - 40,000
To fund specific projects as decided by
Other unrestricted reserves U Trustees 20,406 11,441 (5,809) - - 26,038
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 84,880 11,441 - 7,585 - - 88,736
**----- End of picture text -----**
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
## **This year**
|**This year**||||
|---|---|---|---|
||**Reason for transfer and where endowment is converted to income,**||**Amount**|
|||**legal power for its conversion**||
|Between unrestricted and||||
|restricted funds||||
|Between endowment and||||
|restricted funds||||
|Between endowment and||||
|unrestricted funds||||
|||||
|**Last year**||||
||**Reason for transfer and where endowment is converted to income,**||**Amount**|
|||**legal power for its conversion**||
|Between unrestricted and||||
|restricted funds||||
|Between endowment and||||
|restricted funds||||
|Between endowment and||||
|unrestricted funds||||
|||||
## **27.4 Designated funds**
## **This year**
|**This year**
**27.4 Designated funds**|||
|---|---|---|
|**Planned use**|**Purpose of the designation**|**Amount**|
||||
||||
||||
||||
||||
||||
|**Last year**|||
|**Planned use**|**Purpose of the designation**|**Amount**|
||||
||||
||||
||||
||||
||||
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## **Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
- - - -
**-**
- - - -
**-**
- - - -
**-**
- - - -
**-**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
## **Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**TRUE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
- - - -
**-**
- - - -
**-**
- - - -
**-**
- - - -
**-**
**Amounts paid or benefit value**|
|---|---|
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_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**Accommodation**
**Other (please specify):**
-
**Travel**
**£**
**This year**
-
-
**TOTAL**
-
-
-
**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**Subsistence**|**£**
**This year**
-
-
-
-
-|-
-
**£**
-
-
-
**Last year**
**_TRUE_**|
|---|---|---|
|||
-|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
|**This year**|**This year**|**This year**|**This year**|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting**||||**period (True or False)**|||||**_FALSE_**|||
|||||||||||||
|||||||||||**Amounts**||
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**|**Balance at**
**period end**||**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**
||
|||||||||||**period**||
|||||**£**|**£**||**£**|||**£**||
|Hannah Watson|Trustee|Ensemble Director fees||1323.75||0|||0||0|
|||paid to Hannah Watson||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
Fees for services as self employed Ensemble Director. These services were provided under the same terms as other Ensemble Directors, including the hourly payment rate.
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_**For any related party, please provide details of any guarantees given or received.**_
None
## **Last year**
|**Last year**|**Last year**|**Last year**|**Last year**||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|**There have been no related party transactions in the reporting**||||**period (True**|**or False)**||||**_TRUE_**||
||||||||||||
|||||||||||**Amounts**|
|**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**at period end**|||**written off**
**during**
**reporting**
|
|||||**£**||**£**|**£**|||**period**
**£**|
||||||||||||
||||||||||||
||||||||||||
||||||||||||
_**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_
_**For any related party, please provide details of any guarantees given or received.**_
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## **Section C Notes to the accounts (cont)**
## **Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
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## **Independent Examiner’s report to the trustees of Peak District Music Centre CIO**
I report on the accounts of the company for the year ended 31 August 2023.
## **Respective responsibilities of Trustees and Examiner**
The trustees (who are also the directors of the company) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an Independent Examination is needed. The charity’s gross income has not exceeded £250,000. I am qualified to undertake the examination by being a qualified member of ICAEW.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act
- Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
-
- State whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter have come to my attention:
1. Which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with section 386 of the Companies Act 2006
- To prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
Have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Robert Layton
Relevant Professional qualification or body: ICAEW
Address: 6 Manchester Road, Buxton, Derbyshire, SK17 9SB
Date: 15 March 2024