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|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|
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|||
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|
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|||||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|
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||||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|
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||||||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|
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|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||
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|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||
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|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|
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|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|
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