2023-04-01-accounts - Singersresound

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REGISTERED COMPANY NUMBER:  (England and Wales)
REGISTERED CHARITY NUMBER: 1198681

`Report of the Trustees and`

Unaudited Financial Statements for the Period 1st May 2022 to 31st March 2023

for

`SingersResound`

The Decimal Place
8 Blandfield Road
London
SW12 8BG

SingersResound

Contents of the Financial Statements
for the period 1st May 2022 to 31st March 2023

	`Page`
`Report of the Trustees`	`1`
`Statement of Financial Activities`	`2`
`Balance Sheet`	`3 to 4`
`Notes to the Financial Statements`	`5 to 8`
`Detailed Statement of Financial Activities`	`9`

`SingersResound`

`Report of the Trustees for the period 1st May 2022 to 31st March 2023`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompanies Act
2006,presenttheirreportwiththefinancialstatementsofthecharityforthe period
1stMay2022to31stMarch2023.Thetrusteeshaveadoptedtheprovisionsof Accounting
andReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandard applicable
in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutes a
limited company, limited by guarantee, as defined by the Companies Act 2006.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Company number`

 (England and Wales)

`Registered Charity number`

`Registered office`

`Trustees`

Ms L Kitchen
Ms L Winter
P Savidge
N J Cooper

`Company Secretary`

Approved by order of the board of trustees on 1st February 2024 and signed on its behalf by:

Ms L Kitchen - Trustee

Page 1

`SingersResound`

`Statement of Financial Activities for the period 1st May 2022 to 31st March 2023`

		`Period`	`Period`
		`1.5.22`	`25.2.22`
		`to`	`to`
		`31.3.23`	`30.4.22`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`INCOME AND ENDOWMENTS`
`FROM`
`Donations and legacies`		`8,500`	`31,000`
`Charitable activities`
`Mentor training`		`(558)`	`-`
`Summary of costs`		`-`	`(16,690)`
`Total`		`7,942`	`14,310`
`EXPENDITURE ON`
`Other`		`2,343`	`-`
`NET INCOME`		`5,599`	`14,310`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`		`14,310`	`-`
`TOTAL FUNDS CARRIED`
`FORWARD`		`19,909`	`14,310`

The notes form part of these financial statements

Page 2

`SingersResound`

`Balance Sheet 31st March 2023`

`2023` `Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Cash at bank` `20,209` `CREDITORS` `Amounts falling due within one year` `5` `(300)` `NET CURRENT ASSETS` `19,909` `TOTAL ASSETS LESS CURRENT` `LIABILITIES` `19,909` `NET ASSETS` `19,909` `FUNDS` `6` `Unrestricted funds` `19,909` `TOTAL FUNDS` `19,909`	`2022` `Total` `funds` `£` `14,310` `-`
	`14,310`
	`14,310`
	`14,310`

	`14,310`
	`14,310`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477of the
Companies Act 2006 for the period ended 31st March 2023.

Themembershavenotrequiredthecompanytoobtainan auditof itsfinancial statements
for the periodended 31st March2023 in accordancewith Section476 of the Companies Act
2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

continued...

Page 3

`SingersResound`

`Balance Sheet - continued 31st March 2023`

Thesefinancialstatementshavebeenpreparedinaccordancewiththe provisions
applicable to charitable companies subject to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedfor issue
on 2nd February 2024 and were signed on its behalf by:

Trustee

The notes form part of these financial statements

Page 4

SingersResound

`Notes to the Financial Statements`

`for the period 1st May 2022 to 31st March 2023`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefit entity
underFRS 102,havebeenpreparedin accordancewiththe CharitiesSORP(FRS 102)
'AccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective
1January2019)',FinancialReportingStandard102'TheFinancial Reporting
Standardapplicablein the UK and Republicof Ireland'and the CompaniesAct 2006.
The financial statements have been prepared under the historical cost convention.

`Income`

AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has
entitlementtothefunds,itisprobablethattheincomewillbereceivedand the
amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalor constructive
obligationcommittingthe charityto thatexpenditure,it is probablethata transfer of
economicbenefitswillberequiredinsettlementandtheamountofthe obligation
canbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory. Where
costscannotbe directlyattributedtoparticularheadingstheyhavebeenallocated to
activities on a basis consistent with the use of resources.

`Taxation`

The charity is exempt from corporation tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesat the
discretion of the trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithin the
objectsofthecharity.Restrictionsarisewhenspecifiedbythedonororwhen funds
are raised for particular restricted purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthe notes
to the financial statements.

continued...

Page 5

`SingersResound`

`Notes to the Financial Statements - continued for the period 1st May 2022 to 31st March 2023`

`2. NET INCOME/(EXPENDITURE)`

Net income/(expenditure) is stated after

charging/(crediting):

	`Period`	`Period`
	`1.5.22`	`25.2.22`
	`to`	`to`
	`31.3.23`	`30.4.22`
	`£`	`£`
`Accountancy`	`300`	`-`

`3. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheperiod ended
31st March 2023 nor for the period ended 30th April 2022.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheperiodended31stMarch2023nor for
the period ended 30th April 2022.

`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

	`Unrestricted`
	`fund`
	`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`	`31,000`
`Charitable activities`
`Summary of costs`	`(16,690)`
`Total`	`14,310`
`NET INCOME`	`14,310`
`TOTAL FUNDS CARRIED`
`FORWARD`	`14,310`

continued...

Page 6

SingersResound

`Notes to the Financial Statements - continued for the period 1st May 2022 to 31st March 2023`

`5.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
			`2023`	`2022`
			`£`	`£`
	`Accruals and deferred income`		`300`		`-`

`6.`	`MOVEMENT IN FUNDS`
			`Net`
			`movement`	`At`
	`At 1.5.22`		`in funds`	`31.3.23`
		`£`	`£`	`£`
	`Unrestricted funds`
	`General fund`	`14,310`	`5,599`	`19,909`
	`TOTAL FUNDS`	`14,310`	`5,599`	`19,909`

	`Net movement in funds, included in the above are as follows:`
	`Incoming`		`Resources`	`Movement`
	`resources`		`expended`	`in funds`
		`£`	`£`	`£`
	`Unrestricted funds`
	`General fund`	`7,942`	`(2,343)`	`5,599`
	`TOTAL FUNDS`	`7,942`	`(2,343)`	`5,599`

	`Comparatives for movement in funds`
			`Net`
			`movement`	`At`
			`in funds`	`30.4.22`
			`£`	`£`
	`Unrestricted funds`
	`General fund`		`14,310`	`14,310`
	`TOTAL FUNDS`		`14,310`	`14,310`

continued...

Page 7

SingersResound

`Notes to the Financial Statements - continued for the period 1st May 2022 to 31st March 2023`

`6. MOVEMENT IN FUNDS - continued`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`14,310`	`-`	`14,310`
`TOTAL FUNDS`	`14,310`	`-`	`14,310`

`7. RELATED PARTY DISCLOSURES`

There were no related party transactions for the period ended 31st March 2023.

Page 8

`SingersResound`

`Detailed Statement of Financial Activities`

`for the period 1st May 2022 to 31st March 2023`

	`Period`	`Period`
	`1.5.22`	`25.2.22`
	`to`	`to`
	`31.3.23`	`30.4.22`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Donations`	`8,500`	`31,000`
`Charitable activities`
`Workshop facilitators`	`(72)`	`-`
`Mentor training`	`(486)`	`-`
`Summary of costs`	`-`	`(16,690)`
	`(558)`	`(16,690)`
`Total incoming resources`	`7,942`	`14,310`
`EXPENDITURE`
`Support costs`
`Management`
`Insurance`	`168`	`-`
`Web-site`	`170`	`-`
	`338`	`-`
`Governance costs`
`Accountancy`	`300`	`-`
`Administrator's fees`	`1,705`	`-`
	`2,005`	`-`
`Total resources expended`	`2,343`	`-`
`Net income`	`5,599`	`14,310`

This page does not form part of the statutory financial statements

Page 9