2021-09-30-accounts

Welcome from the Chairman		2to3
Reference and Administrative	Details
Chief Executive's Report
Trustees' Report		7to 12
Statement ofTrustees' Responsibilities		13
Independent Auditor's Report		14to 16
Statement ofFinancial Activities		17to 18
Balance Sheet		19
Statement ofCash Flows		20
Notes to the Financial Statements		21to 29

		and Lo	sses)
			Unrestricted	Restricted	Total funds
			funds	funds	2021
		Note	S	S	S
Income and Endowments	from:
Donations and legacies		3	377,259	228,285	605,544
Charitable activities		4	261,184		261,184
Investment income			2 191		2 191
Total Income			640 634	228 285	868919
Expenditure on:
Charitable activities			916780		916780
Total Expenditure			(916,780)		(916,780)
Gains/losses on investment	assets		7640		7640
Net (expenditure) /income			(268,506)	228,285	(40,221)
Transfers between funds			341439	341439
Net movement in funds			72,933	(113,154)	(40,22I)
Reconciliation offunds
Total funds brought forward			16700	156306	173006
Total funds carried forward		18	89633	43,152	132785

		and Lo	sses)
			Unrestricted	Restricted	Total funds
			funds	funds	2020
		Note	S	S	E
Income and Endowments	from:
Donations and legacfes			199,197	151,716	350,913
Charitable activities			9,044		9,044
Investment income			2 144		2 144
Total Income			210385	151716	~362 101
Expenditure on:
Charitable activities			362604	5027	367631
Total Expenditure			(362,604)	(5,027)	(367,631)
Gains/losses on investment	assets		I 914		I 914
Net (expenditure)/income			(150,305)	146,689	(3,616)
Transfers between funds			30676	30676
Net movement in funds			(I19,629)	116,013	(3,616)
Reconciliation offunds
Total funds brought forward			136329	40 293	176 622
Total funds carried forward		18	16700	156306	173,006

				2021	2020
			Note	S	S
Fixed assets
Intangible assets			11		900
Tangible assets			12	10,569	12,422
Investments			13	66587	58947
				77 156	72 269
Current assets
Stocks			14	1,915	1,079
Debtors			15	70,708	4,665
Cash at bank	and in	hand		123062	175 180
				195,685	180,924
Creditors: Amounts		falling due within one year	16	118934	59065
Net current	assets			76751	121859
Total assets	less current liabilities			153,907	194,128
Creditors: Amounts		falling due after more than one
year			17	21 122	21 122
Net assets				132,785	173006
Funds ofthe	charity:
Restricted funds				43,152	156,306
Unrestricted	income	funds
Unrestricted	funds			89633	16700
Total funds			18	132785	173,006

			2021	2020
		Note	R	R
Cash Bows from operating activities
Net cash expenditure			(40,221)	(3,616)
Adjustments to cash flows from non-cash items
Depreciation			3,993	3,623
Amortisation			900	6,135
Investment income			(2,191)	(2,144)
Financial instrument net (gains) losses through
statement offinancial activities			7640	1914
			(45,159)	2,084
Working capital adjustments
Increase in stocks		14	(836)	(1,079)
(Increase)/decrease in debtors		15	(66,043)	81,364
Increase/(decrease) in creditors		16	59869	54 388
Net cash flows from operating	activities		52 169	27 981
Cash Bows from investing activities
Purchase oftangible fixed assets		12	(2,140)	(14,314)
Income from listed investments			2 191	2 144
Net cash flows from investing	activities		51	12 170
Net (decrease)/increase in cash and cash equivalents			(52,118)	15,811
Cash and cash equivalents at	I October		175180	159369
Cash and cash equivalents at	30September		123,062	175 180

					Unrestricted
					funds
						Total		Total
					General	2021		2020
				Note	R	R		R
Musical Fees	and Expenses				533,944	533,944		22,292
Festival Sales and Publicity					60,900	60,900		27,251
Allocated support costs					321936	321	936	318088
					916,780	916	780	367,631
7 Net incoming/outgoing				resources
Net outgoing	resources	for		the year include:
						2021		2020
						R		R
Operating leases - other		assets				9,120		9,120
Audit Fees						7,140		6,780
Depreciation	offixed assets					3,993		3,623
Amorisation	ofintangible		fixed assets				900	6,135

The aggregate	payroll costs w	ere as follow	s:
					2021		2020
					R		R
Staffcosts during the year		were:
Wages and salaries					219,418		224,444
Social security costs					13,531		12,352
Pension costs					7	609	7	156
					240	558	243	952
The monthly	average number	of persons	(including	senior	management	team)	employed	by
the charity during the year expressed as			full time equivalents		was as follows:
					2021		2020
					No		No

Cost
At 1 October 2020
At 30 September 2021
Amortisation
At 1 October 2020
Charge for the year
At 30 September 2021
Net book value
At 30September 2021
At 30 September 2020
12Tangible Hxed assets
Cost
At 1 October 2020
Additions
At 30 September 2021
Depreciation
At 1 October 2020
Charge for the year
At 30September 2021
Net book value
At 30 September 2021
At 30 September 2020

		Website
		development		Total
		R		R
		18	405	18	405
		18	405	18	405
		17,505		17,505
			900		900
		18	405	18	405
			900		900
Land	and	OfHce
buildings R		equipment R		Total S
	7,754	72,	173	79,927
		2	140	2	140
	7754	74	313	82	067
	1,551	65,954		67,505
	1550	2	443	3	993
	3 101	68	397	71	498
	4653	5	916	10	569
	6,203	6,219		12,422

17Credkors	t amoun	ts falling du	e after one	year
					2021		2020
					g		S
Other creditors					21	122	21,122
18Funds
					Other		Balance at
		Balance at			recognised		30
		1October 2020 S	Incoming resources S	Resources expended S	gains/(lossSeptember Transfers es) 2021 S g S
Unrestricted	funds
General		(39,247)	640,634	(916,780)	341,439		26,046
Revaluation	Reserve	55947				7640	63587
Total unrestricted
funds		16,700	640,634	(916,780)	341,439	7,640	89,633
Restricted	funds	156306	228 285		341439		43 152
Total funds		173,006	868,919	916,780		7,640	132785

						Other	Balance at
		Balance at				recognised	30
		1October 2019 S	Incoming resources S	Resources expended S	Transfers S	gains/(lossSeptember es) 2020 g S
Unrestricted	funds
General		82,296	210,385	(362,604)	30,676		(39,247)
Revaluation	Reserve	54 033				1 914	55 947
Total unrestricted
funds		136,329	210,385	(362,604)	30,676	1,914	16,700
Restricted	funds	40 293	151716	5027	30676		156306
Total funds		176622	362 101	367631		1914	173006

19Analy	sis	ofnet assets betw	een funds
			Unrestricted	funds
				Revaluation	Restricted
			General	Reserve	funds	Total funds
			S	S	E	S
Tangible	fixed assets		10,569			10,569
Fixed asset		investments	3,000	63,587		66,587
Current	assets		152,533		43,152	195,685
Current	liabilities		(118,934)			(118,934)
Creditors	over 1year		21 122			21 122
Total net	assets		26 046	63587	43 152	132785
2OAnalysis		ofnet funds
						At 30
				At 1October		September
				2020	Cash Bow	2021
				S	E	S
Cash at	bank and in hand			175,180	(52,118)	123,062
Net debt				175,180	(52,118)	123,062