Reglstered no: 0809134
Registered Charlty no: 237816
THE REHEARSAL ORCHESTRA
{A company limrted by guarantee
having no share capital)
ANNUAL REPORT AND AccouTrirs
YEAR ENDED 30 SEPTEMBER 2020

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
{A company limited by guarantee having no share capitsl- nurn￿r 0809134)
CONTENTS
Officers and advisers
Council of Management Report
Independent Examinerfs Report
Statement of Financial Aclivtbes
Balance Sheet
Notes to the Financial Statements
9-13

Registered Chaitty No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA company limrted by guarantee having no share ￿p1￿1 - number 08091341
OFFICERS AND PROFESSIONAL ADVISERS 2019-2020
Council of Management- the following have served beknn 1 October 2019 and g February 2021."
Adrian Chartesworth Ire*lected 5 May 2020)
Paul Coleman (re-elected 5 May 2020}
Edward Kershaw lapwinled 1 June 20201
TIn￿thY King Idected 22 May 2019, 12 January 20211
Hugh Macdonald {re*￿ted 8 May 20181- Chairman
Zoe Mcmillan lappoinled 1 June 2020)
Christine Muskett Ireelected 22 May 20191- Hon Secretary
Elyzabeth Rantzen {elected 8 May 2018}
Ro￿rt Spivey {elected 22 May 20191- Hon Treasurer
Eric von Ibler (retired 5 May 2020)
Hon Company Secretary.. Christine Muskett
Administrator.
Anne-marie Nom*n
The Rehearsal Orchestra. 60- 62 Clapham Road. London SW3 OJJ
Tel. 07483 924338
e-mail." admin@rehearsal-orchestra.org
Websrte.. WW•Y.rehearsal-orchestra.org
Registered Office..
4- 6 Church Road, Burgess Hill. West Sussex RH15 9AE
Registered Number.
0809134
Registered Charity
Number".
237816
Accountants".
Keymer Haslam & Co. 4- 6 Church Rd. Burgess Hill, RH15 9AE
Bankers..
National Westminster Bank PIC
PO Box 158. 214 HwJh Holbom. L(￿don ￿1v 7BX

Registered Chaiity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA company limrted by guarantee having no share ¢apital- number 08091341
COUNCIL OF MANAGEMENT REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2020
FINANCIAL STATEMENTS
The Council of Management presents its Report and Financial Statements for the year ended 30 September
2020.
The financial statements COm￿Y with the CharilTres Act 2011. the Companies Act 20￿, The Memorandum and
Articles of Association, and Accounting and Re￿rtIng by Charf(ies." Statement of Recommended Practice
applicable lo charrties preparing their accounts in accordance wtth the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 102) (effective 1 January 2015}-
PRINCIPAL ACTIVITIES
The main objective of the charity remains: "to further the edu(alion of mankiThJ in the art of Music, and especially
to promote the study of orchestral mus￿..
Since its foundatton in 1957, the Rehearsal Orchestra has promoted an annual residential orchestral course
during the Edinburgh International Fesbval, and arranged a ser￿S of weekend courses in London and other parts
of the UK aimed at providing an orchestral training resource for ta￿nted players of all ages and from all parts of
the UK and abroad.
Public Benefrt
lthile the direct benefieianes are the 1,5(KJ or so players who have taken part in the orchestral courses in re￿nt
years, the training and experience they teceNe benefits their pupils, the orchestras {both professional and
community) in which Ihey perform, and the public who enjoy their enhanced performing abilrties. Members of the
public are also welcome at the open rehearsals which con¢liJde each orchestral course. The orchestral courses
are widely advertised. and app11￿￿.0nS to play are welcomed from all proficient players. Care is taken to keep
charges to an affordable level and every place {especialty in the case of students) is subsidEed through our fund-
raising activrties. The Trustees believe, therefore. that the chanty is providing public benefit in accordance with
charity law requirements.
Management and control
The organization is conlrolled by the Council of Management. which meets three times a year to discuss policies
and strategies, and to aulhorize plans for all orchestral courses. Detailed management is delegated lo
administrators engaged on a freelance basis. Artith Di￿tiOn is the responsibilty of cx)nductor Levon Parikian.
The Council of Management takes care to ensure that all the Company's activities Co1￿ within the scope of tts
Objects as approved by the Charity Commission.
WEEKEND COURSES
The normal pattem of weekend courses was disrupted this year by restriclions on gathering and movement
because of Ihe COVID-19 pandemic. Before the resth"ctions were imFy)sed, three were hekj in London..
Saturday 19 and Sunday 20 October 2019- Opern Weekend with Mastsrsingera Ltd
Conductor." Anthony Legge
Act111 of Wagner's opera Sieglried
Sunday 19 January 2020
Conductor." Stephen Bell
Rachmaninov Symphony No 2
Saturday 15 and Sunday 16 February 2020
Conductor.. Levon Parikian
Rautavaafa Cantus ArctiGUS, Saariaho Ciel d'hiverand Sibelius Symphony No 5
Courses that were planned for March and June 2020 were Can￿rIed in compliance with Govemment restrictions
on large gatherings. These were lo have been held on 15 March, Britten Four Sea Intertude5 from Peter Grimes,
Bridge The Sea and Smyth On the Clrffs of Comwall, conducted by Levon Parikran. and on 14 June, Bartok
Concerto for Orchestra. conducted by Tin￿thY Redmond. It is hoped to be able to run these during 2021.

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUTr￿$
YEAR ENDED 30 SEPTEMBER 2020
IA company limited by guarantee having no share capilal- number 0809134)
Feedback from players Ixinbnues to sh¢yw that players continue to appreciate the opportunrty to play major w0￿S
under professional conditions.
ANNUAL RESIDENTIAL COURSE- Edinburyh Festival
Sadly, the normal annual residential course in Edinburgh during the Edinburgh Festival, scheduled fi)r 8 to 15
August, was also cancelled because of the pandemic.
2020-2021 PROGRAMME
On 25 October 2020 we were pleased to be ab￿ to put on a one-day CL•urse for strings only. under fulty COVID-
secure conditions, at The Warehouse near Waterloo, on Bartok D￿e￿"ll￿ntO for Sthngs.
Further p12ns for 2021 afe under ￿nSKlerati¢?n and will be subject to prevailing Government guidan￿ on
galherirsg for music-making.
FINANCIAL REVIEW OF THE YEAR
This year Ihe financial result on Unrestricted Funds was a de[￿rt of £7,626. This compares with a deficit of
£8,445 in 2018-19. Course fees and donations were heavily impacted by the cancellatson of courses although
many players generousty donated fees in IEU of a refund.
As the Edinburgh course was can(%lled this year the restricted funds held for bursaries were not drawn on. The
balance held in this fvnd. from the generous kgacy of £7,0￿ from the estate of the late Harold Taylor in 2014-15
and the grant of £2.000 received in 2018-19 from the Angus Allnatt Charitable Foundation, stands at £1,732.
FL¢nd-raising. to bridge the gap be￿eefi costs and the sUbs￿ized fees paid by players. continues to be difficutt
and we are very grateful to the charitsble trusts who remain loyal to the Rehearsal Orchestra and have this year
contributed a total of £4,765. As ahvays. rt will be important to maintain our fund-raising efforts in the coming
year.
We are also exC￿dingfy grateful for the generosty of indNidual supp)rters. and especialty those who have
responded lo our"FTiends & Angels- scheme.
The Directors would ￿ke to record their thanks to the Musrcians, Union who have for many years provKled us with
practical support.
RESERVES POLICY
It remains the policy of the Council of Management to build a reserve equivalent to half our annual costs in order
that they may plan and develop fttlure orthestral activrties with confidence. The target level of free reserves is
£36,000 which is dependent on the levels of funds that can be raised through Grants and Donations. the
pandemic this number will be under pressure.
As of 30 September 2020, total unrestricted fvnds hekl stand at £41.799. including a proportion of the IN
exceptional one-off grants received in the prior year. The Trustees have detem)ined that as these were received
from trusts which were being wound up and which have previously supported on a regular basis, they should be
held as designated funds for use on special projects over future years, drawn down as required in the context of
levels of income from othef fundraising activrties. ￿ffiere deemed appropriate the Trustees will use this money to
support the Charity during the pandern￿.
EQUAL OPPORTUNITIES
The Rehearsal Orchestra operates an equal opportunities wlicy and welcomes talented players of any age,
gender, religion, sexual orientatton. disability, ethnicty and Wal or marital status.
RISK MANAGEMETrrr
The Trustees consider there are three partKxJlar risks. regulady reviewed and managed as follows..

Registered Charlty No. 237816
THE REHEARSAL ORCHESTrA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
(A company limited by guarantee having no share capital- number 0809134)
Financial Risk
Accounting records are held by the Hon Treasurer and detsiled rer￿rtS presented to each rrEding of the Board
of Trustees. COVID has of course severety curtailed the Chanty's activities. Generally the ¢harty makes small
losses on ¢ourses which are normalty covered by grants and donations, so pe￿erseIY not running courses helps
maintain cash. However, the charity still needs to cary out reduced admin activities and continue with fund-
raising activities. Cash balances are enough to continue for the foreseeable future under COVID levels of
activity.
Safeguarding
Participants in Rehearsal Orchestra Courses are prirnarily adults aged 18 and over. However, the Orchestra will
accept applications from players under the age of 18 as k)ng as they are accompanied by a parent or guardian
who undertakes to be responsible for the young personls.
Health and Salety
The Rehearsal Orchestra is committed to the safety of all participants on its couTses and ensuring a safe
environment within which rehearsals take place.
In the context of the COVID-19 pandemic, a full risk assessment was undertaken in preparation for the strFngs-
only course on 25 October, using the template materials provided by Making Music, of which Rehearsal
Orchestra is a member. This covered all practical arrangements induding ￿la1 distancing, sanitizing and
prevention of social mingling on arrival, during breaks and on departu￿.
DIRECTORS
Members of the Council of Management (who a￿ also the Directors) who have served during the year are
disclosed on page 1. We record here our appreciatK)n of the many years of seNice trom Eric von Ibler, who has
helped over many years wrth the Edinburgh courses. We also record our sadness at the death of Tim King in
January 2021 after only a brief period of service on the Board, in which his friendly and supportive contributions
have been greatly valued. We are delighted to welixime Ned Kershaw and Zoé Mcmillan to the Board.
The following memters of the Council of Management are due to retire in 2021.. Hugh Ma£donald, Liz Rantzen
and Robert Spivey, all of whom are eligible for re*lectThi. Hugh Macdonald will be Stepping down as Chairman
after six years of service in that capacty.
The Directors would like to record their appreciation to Levon Parikian {Arbstic Director), Anne-marie Nomian
(Administrator), and Outi Jokiharju (Development Officer) for their expertise and commitment to ensuring the
organizatson is run efficiently, effecb.vely and prOV￿eS a qualty experieTr￿ for all participants.
GOVERNANCE
Following the thorough revÉew of govemance in May 2018, the Board continued to review its practices and to
implement improvements.
A full revEw of financial arrangements was undertaken, bank mandates refreshed, and all banking Moved online,
with immediate impact on efficiency. During the year the Board reviewed the Board membership and recruited
o new Trustees, provided the induction prOgraMff￿ for them. undertook a review of the Board meetings held
during the year, held a meeting focussing excluswely on bng-temi planning and undertook an audil of gender
balance relating to composers, conductors, string Principals. Trustees, and staff. Actions will be taken lo follow
up the findings of the audEt. In the light of the COVID-19 pandemic a re501ution was passed to enable Board
meetings to be hdd remotely. and the Board continued to meet as scheduled.
SMALL COMPANY PROVISIONS
The Directors, Report has been prepared in accordan￿ with the special provisions of Part Vll of the Companies
Act 2006 relating to small companies_
On behalf of the Board
Christine Muskett, Hon Secretary
9 February 2021

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA comparby limited by guarantee having no share ¢apital- number 0809134}
Inde
endent Examinerfs Re
rt to the TTUStees of The Rehearsal Orchestra
I report on the financial statements of the charity for the year ended 30 September 2020, which are set out on
pages 6 to 13_
Respective responsibilities of trustees and examiner
The charity's trustees are reSt￿nsIble tor the preparation of the financial statements. The charity's trustees
consider that an audit is not required for the pericxj {under section 144{2) of the CharitEs Act 2011 (the 2011 Acll
2nd that an independent examinabon is needed.
Having satisfied myself that the d)arty is not subject to an audit under company taw and f( is eligible for
independent examination, it is my reswnsibility lo:
Examine the accounts under ￿tion 145 of the 2011 Act
To follow procedures laid down in the General Directions gNen by the Charity Commissioners (under
secbon 14515llb} of the 2011 Actl., and
To stste whether parbcular matters have come to my attent￿n.
Basis of independent examinefs report
My examination was carried out in accordan￿ wtth the General Directions given by the Charity Commissioners.
An examination includes a revtew of the accounb.ng records kept by the charity and a comparison of the financial
statements presented with those records. It also includes consideration of any unusual items or disclosures in
the accounts and seeking explanabons from you as trustees conceming any such matters. The procedures
undertaken do not provide all the evidence that woukl be required in an aLtdit, and consequently I do not express
an opinion as to whether the finanual statements present a.ttue and fair view., and the report is limrted to those
matters set out in the state￿￿Trt below.
Opinion
In connection with my examination, no matter has come to my attention"
Which gives me reasonable cause to believe that in any mater￿1 respect the requirements..
To keep accounting records in accordan￿ with section 386 of Ihe Companies Act 2006., and
To prepare financial statements which accord with the accounting records and to comply with the
accounting requirements of section 396 of the Compantes Act 2006 and wrth the methods and
principles of the Statement of Recommended practi￿.. Aixxwnting and Reporting by Charities
Have not been mel. or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the
financial stalements to be reached.
A Burgess ACA
Keymer Haslam & Co
Chartered Accountants
416 Church Road
Burge$s Hill
West Sussex
RHIS 9AE
2021

Registered Charfty No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
{A company limited by guarantse having no share capitsl- nUM￿r 0809134)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2020
Notes Unrestricted
Restricted
Total Funds
2020
Totsl Funds
2019
INCOME
Grants and donations
Course fees
Sundry income
Bank and other interest
18,434
8.235
61
163
18,424
8,235
61
163
24,542
49,409
1,432
175
TOTAL INCOME
26.893
26,893
75,558
EXPENDITURE
Direct charitsble expenditure
Fund raising 2nd publicty
Management and admin¢strabon
24.379
6,985
3.155
24.379
6,985
3,155
67,235
8.947
5,821
TOTAL EXPENDITURE
34,519
34,519
82,003
NET INCOMEI
EXPENDITURE
17,626)
{7.626)
(6.445)
NET MOVEMENT IN FUNDS
Transfer betsveen fvnds
Fund balances brought foThvard
49,425
1,732
51,157
57.602
FUND BALANCES CARRIED FORWARD
41.799
1.732
43,531
51.157
The company's income and expenses all rdale to continuing operations.
The￿ are no recognised gains or losses olhef than the surplu51{d*f(I for the financial year shown above.

Registered Charity No. 237816
THE REHEARSAL ORCHESTrA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
{A company limrted by guarantee having no share capital- number 0809134)
BALANCE SHEET AT 30 SEPTEMBER 2020
2020
2019
Notes
FIXED ASSETS
Tangible assets
221
CURRENT ASSETS
Debtors and prepayments
Bank deposit accounts
Cash at bank and in hand
2.257
40.748
5.106
1,800
40.746
13,916
48.111
56,462
CREDITORS
Amounts falling due within one year
{4,580)
{5,526)
NET CURRENT ASSETS
43,531
50,936
NET ASSETS
43,531
51,157
INCOME FUNDS
Unre5tricled General fund
Unrestricted Designated fund
Restrtcted fund
10
10
10
3,799
38,000
1.732
11.425
38.000
1,732
43.531
51,157
The directors. stateNEnts required by Sections 475 {2) and {3) a￿ shown on the folhywing page whith fom)s part
of this Balan￿ Sheet.

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
{A company limited by guarantee having no share capital- number 0809134)
COUNCIL OF MANAGEMENT REPORT ON THE BALANCE SHEET AT 30 SEPTEMBER 2020
The Council of Management are satisfied that the company was entrtled tr) exempts.on from audit under section
477 of the Companies Act 201￿ relabng to small companies and no member or members have required the
mpany to obtain an audjt of its accounts for the year in question in accordance with sectson 476.
The Council of Management acknowledge their responsibilities for comptying wFth the requi￿rnents of the Act
with respect to accounting records and the preparation of accounts.
The financial ststements have been prepared in accordance with the special provisions of Part 15 of the
Companps Act 2006 and the Financial Reporb"ng Standard for Smaller Enb"tses (effective January 2015) relab.ng
to smaller entibes.
On behalf of the Boartl
HugA Ma
ChaiM￿n
onald
Robert Spivey
Hon Treasurer
9 Febnjary 2021

Reglstered Charty No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA company limited by guarantee having no share ￿P1￿1- number 08091341
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020
ACCOUNTING POLICIES
Accounti
convention
The Financial Statements have been prepared in accordan￿ wth Accounting and Reporting by Charities..
Statement of Recommended Practi￿ applicable lo chanties prepating their accounts in accordance with
the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1
January 20151- {Charibes SORP IFRS 102)}, the Financial Reporting Stsndard applKable in the UK and
Republic of Ireland (FRS 1021 and the Companies Acts 20C6.
The Rehearsal Orchestra meets the definthon of a publtc benefft entity under FRS 102. Assets and
liabilities are irkilially recognised at historical wst of transaction value unless otherwise stated in the
relevant accoLtntsng policy notels).
Income
Income is recognised when the charity has ent￿ement to the funds, any performance conditions attached
to the itemls) of income have been meL it is probable that the income will be f￿1Ved and Ihe amount
can be measured reliably.
Ex
endI￿re
Expenditu￿ is reccgnised On￿ there is a legal or ¢onstnthe obligat￿n to make a payment to a third
party, it is probable that a *ttlement will be required and the amount of the obligation can be measured
reliabty- All expendrture is accounted for on an accrual basis and has been classified under headings that
aggregate all costs relating to the category.
Fund accountin
Unrestricted funds are available to spend on activf(ies Ihat fvrther any of the purposes of the charity.
Restricted funds are funds which the donor has swified are lo be used solely used for particular areas of
the charity's WOTk or for S￿IfiC projects being undertaken by the charity.
De
reclation
Depreciation has been prOV￿ed to write off tangible fixed assets over their estimated useful lives on a
straight line basis at the following rate..
Musical equiptrent- 15% per annum

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA company limited by guarantee having no share capital- number 0809134}
2020
2019
INCOME
Voluntary grants and donations
18,434
24,542
18,434
24,542
DIRECT CHARITABLE EXPENDITURE
Conductors and pnncipals: fees and expenses
Hire of hall and accommodation
Hire of music and instruments
Management costs
Motor expenses and transport
Edinburgh ￿fresh￿￿Trts and other costs
9,439
4,377
1,285
9,278
17,170
33,720
2,442
12,507
338
1.508
24.379
67,235
This includes the direct ￿StS of orchestral courses and ancillary activty.
FUNDRAISING AND PUBLlCtrY
Fund raising
Publicity
3.986
2,999
5,757
3,190
6.985
8.947
MANAGEMENT AND ADMINISTRATION
Office and sundry expenses
Professional fees
Bank charges
Depreciation
Sundry costs
1,430
1,315
189
1,334
2,853
270
39
1,325
3,155
5,821
10

Registered Charity No. 237816
THE REHEARSAL ORCHESTrA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
IA company limited by guarantee having no share capita- numtrw 0809134)
TANGIBLE FIXED ASSETS
Musical
ui
ment
Cost
At 1 October2019
Add￿OnS
3,478
At 30 September 2020
3,478
De
r¢elation
At 1 October 2019
Provtsion for the year
3,257
221
At 30 September 2020
3.478
Net book value
At 30 September 2020
At 30 September 2019
221
2020
2019
DEBTORS
Income tax recoverable on Gift Aided donatr.ons
2,257
1,800
CREDrroRS
Amounts falllng due within one year.
Sundry creditors
Donations and course fees received in advance
1,901
2,679
4,827
1,746
4,580
6,573
Tangible fixed
assets
Net current
ANALYSIS OF ASSETS BEfwEEN FUNDS
Total
u￿￿tricted fijnds
Restn"cted funds
41,799
1.732
41,799
1,732
43.531
43,531
11

Reglstered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
{A company limrted by guarantee having no share captlal- number 08091341
10
FUND MOVEMENTS
Fund
1 Od2019
Inojrriny
{￿9 TransfEts 30 Sept 2020
Unrestrided General funds
Unrestnded t*sunaied funds
RestFiLted FurNJs- EdInb￿ryh Butsar
11.425
26.893
34,519
3.799
1,732
1.732
Total
51.157
26.893
34.519
43,531
11
RELATED PARTY TRANSACTIONS
No Twstee was paKI for th￿r services a5 a Trustee. Trustees donated a totsl of £351 {2019.' £879).
STATEMENT OF FINANCIAL ACTNMES FOR THE YEAR ENDED 30 SEPTEMBER 2019- for
com
aratives of all items on the SOFA
12
Unrestncled
Restn"cted
Totsl Funds Total Funds
2019
2018
INCOME
Exceptional grants
Grant5 and donations
Course fees
Sundry incorne
Bank and other interest
40,000
24,026
38,670
854
14
22,542
49,409
1.432
175
2.CHJO
24,542
49.409
1,432
175
TOTAL INCOME
73.558
2,000
75,558
103,564
EXPENDITURE
Direct charitable expenditure
Fund raising and publicity
Management and administration
67,235
8,947
5.821
67,235
8,947
5,821
58,420
8,157
6,433
TOTAL EXPENDITURE
82.003
82.003
73,010
NET INCOMEI
EXPENDrtURE
18.445)
2,000
{6.445}
30,554
NET MOVEMENT IN FUNDS
Transfer betsveen funds
Fund balances brought forward
1,575
56.295
(1.5751
1,307
57,602
27,048
FUND BALANCES CARRIED FORWARD
49.425
1.732
51,157
57,602
12

Registered Charity No. 237816
THE REHEARSAL ORCHESTRA
ANNUAL REPORT AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2020
(A company limf(ed by guarantee having no share 12pital- number 08091341
13
BALANCE SHEET AT 30 SEPTEMBER 2019- for corn
Sheet
ratives of all items on the Balance
2019
2018
FIXED ASs￿s
Tangible assets
260
CURRENT ASSETS
Debtors and prepayments
Bank deposit accounts
Cash at bank and in har¢d
1,800
40.746
13,916
1,000
30.745
29,167
56.462
60,912
CREDITORS
Amounts falling due within one year
15,526)
13,5701
NET CURRENT ASSETS
50.936
57,342
NET ASSErs
51.157
57.602
INCOME FUNDS
Unrestricted General frjnd
Unrestricted Designated fund
Restricted fvnd
11,425
38.000
1.732
18,295
38,000
1,307
51,157
57.602
13